Diamonds to be made out of Jackson's Hair

Bosses at a US company have announced a bizarre plan to produce 10 sparkling diamonds from King of Pop Michael Jackson's hair.

Executives at LifeGem have obtained a sample of the pop icon's tresses from a memorabilia collector, who owned some of the hair when Jackson burned off his scalp while filming a 1984 Pepsi commercial, reports said.

LifeGem founder Dean Vanden Biesen plans to create a limited edition set of 10 diamonds using a laboratory process that takes carbon from hair and turns it into high-quality gems.

In 2007, Vanden Biesen created three diamonds from the locks of German composer Beethoven's hair, selling one of the stones for approximately USD 200,000.