Jennifer Lopez in white

If you let Jennifer Lopez borrow expensive jewelery, you might as well kiss it goodbye because J.Lo is keeping it. Lopez was lent $50,000 worth of diamonds for the launch of Andrew Lieberman’s fashion line, ALC, last week by Robert Mouawa. He also lent jewelery to Gwen Stefani, Leah Remini and Ellen Pompeo. Gwen, Leah and Ellen returned the accessories the next day, but not Jennifer. No, Jennifer assumed it was a gift and had her manager inform them that she’ll be borrowing it indefinitely.

“As far as Mr. Mouawad is concerned, Jennifer can have whatever she wants, but a premature demand seemed presumptuous.”

There’s no ill will, however. “Mr. Mouawad is the Swiss billionaire who purchased the 60-carat flawless Mondera Diamond for $50 million,” said our source. “He will lose no sleep over $50,000, and frankly, Jennifer’s endorsement is priceless.”

I wouldn’t go so far as to say Jennfier’s endorsement is priceless. She’s quickly become one of the most annoying celebrities of the decade. Her antics are wearing thin and people are starting to do the opposite of what she does because they have so much animosity for her. For example, if they see Jennifer sporting a $10,000 diamond ring, they go to Vons to buy a ring pop, if Jennifer wears a designer dress, they put on a t-shirt and if Jennifer buys a new Lamborghini, they pee in her gas tank.