The Knot reports that the average amount spent on an engagement ring is $6,000. While that seems like a lot of money to some, it’s a drop in the bucket for others.
It doesn’t exactly fit in line with the three months income budget rule for engagement ring purchasing unless you happen to be very well off.
Celebrities are all about the bling. From fancy cars to expensive jewelry, bigger is always better. This post will talk about the 10 most expensive engagement rings in the world.
If you’re interested in finding out about the most expensive engagement rings, keep reading for more information.
10. Jennifer Lopez’s Ring From Ben Affleck
Ben Affleck’s ring given to Jennifer Lopez in 2002 was reportedly around $2.5 million. The ring was a 6.1-carat pink diamond from Harry Winston. Pink diamonds are rare luxury gemstones and are well-suited for luxury engagement rings.
Today, the rarity of pink diamonds could boost the ring’s overall value to $12 million. J-Lo may still have the ring as well as a rekindled relationship with Ben Affleck, as they were together at Super Bowl LVI in February of 2022.
9. Jackie Kennedy’s Ring From Aristotle Onassis
Jackie Kennedy Onassis received a 40.4-carat engagement ring. It sold at auction in 1996 after her death for about $2.58 million.
The diamond is a marquise-cut Lesotho III diamond ring made by Harry Winston. The diamond was called the Lesotho III because it was one of eighteen gems cut from a larger 601-carat rough diamond named the Lesotho, discovered in 1967 in Lesotho, South Africa.
The Jackie Onassis engagement ring was worn twice and kept in a safe in a bank vault in New York most of the time. The diamond’s rating was L-color with a clarity of VS2.
8. Jennifer Lopez’s Ring From Marc Anthony
Jennifer Lopez’s relationship with singer Marc Anthony resulted in a rare blue 8.5-carat diamond engagement ring in 2004. The Harry Winston ring was worth $4 million at the time.
With inflation today, this blue diamond engagement ring could be worth around $5.5 million. Blue diamonds are worth more because their coloring is not altered in any way, and they are only found in specific mines in Australia, South Africa, and India.
7. Grace Kelly’s Engagement Ring
Grace Kelly, former movie star turned Princess of Monaco with her marriage to Prince Rainier III in the 1950s. Her ring, designed by Cartier in 1956, contained an emerald-cut flawless diamond with two baguette-cut side stones.
This ring boasted a 10.48-carat diamond. This ring may have cost upwards of $4 million back in the 1950s, making it one of the most expensive engagement rings of the time. By today’s standards and inflation, it could be worth over $38 million.
6. Paris Hilton’s Ring From Paris Latsis
Paris Hilton and Paris Latsis, a Greek shipping heir, became engaged in 2004. Paris had her pick of 15 different engagement rings and decided on a 24-carat emerald-cut diamond engagement ring.
The ring’s cost in 2004 had an estimated value between $4.7 to $5 million.
5. Beyonce’s Ring From Jay-Z
Beyonce and Jay-Z were married in secret in 2008. Beyonce’s ring cost $5 million in 2008. Beyonce’s ring was designed by Lorraine Schwartz.
It is an 18-carat emerald-cut flawless center diamond in a solitaire setting. Beyonce has been attributed to starting the emerald-cut diamond trend that so many other celebrities have followed.
4. Melania Trump’s Ring From Donald Trump
Melania Trump received a 15-carat diamond engagement ring that was valued at $4.2 million in 2004. This ring is from Graff, a premier jewelry house. It is an emerald-cut, D-color-flawless diamond with two smaller diamonds.
This engagement ring is coordinated with a band also designed by Graff. The band has 15 emerald-cut diamonds and has a 13-carat weight.
For their 10th anniversary, Trump gave Melania another ring that was a 25-carat ring worth $5 million.
3. Kim Kardashian’s Ring From Kanye West
The ring was designed by Lorraine Schwartz. It is a cushion-cut 15-carat diamond. Kanye West may have paid upwards of $8 million for this ring when he proposed to Kim in the privately rented out AT&T stadium in San Francisco in 2013.
The ring has a Type IIa diamond, making it the most chemically pure diamond available. This makes the diamond much more valuable.
Kim reportedly has a second engagement ring with an even larger diamond, but it is not worth as much as the original Type IIa diamond ring is.
This second ring was amongst the pieces of jewelry stolen from her when she was the victim of a robbery in Paris back in 2016. Thieves stole around $10 million worth of jewelry.
2. Elizabeth Taylor’s Ring From Richard Burton
Elizabeth Taylor was given a 33.19-carat diamond ring by her husband, Richard Burton. Although it was given to her nearly five years into their relationship, it quickly became one of her favorite and most treasured possessions.
It is a type IIa diamond making it one of the most chemically pure types of diamonds. It is an Asscher cut with a D color rating with VS1 clarity, potentially flawless internally, and slightly better than VVS clarity diamonds.
Richard Burton purchased the diamond at an auction in 1968 for $307,000, and it was formerly known as the Krupp Diamond. After Elizabeth Taylor’s passing in 2011, the Elizabeth Taylor Diamond sold for $8,818,500 ($8.8 million) as part of her estate assets.
1. Mariah Carey’s Ring From Alex Packer
Mariah Carey was briefly engaged to James Packer, an Australian billionaire, in 2016. Her ring was a 35-carat diamond ring that cost $10 million.
The diamond is an emerald-cut platinum diamond accompanied by two tapered baguette diamonds. This makes it the most expensive engagement ring on our list.
Most Expensive Engagement Rings and More
Now that you’ve had a chance to read about the world’s most expensive engagement rings, you’ll probably want to whet your appetite with more of the finer things in life.
Luxtionary is your source for all the best and most extravagant luxuries life offers. From expensive watches to luxury jewelry to cars, vacations, and more. Luxtionary brings it all to you.
Check out our other articles today, like the Van Cleef & Arpel Diamond Necklace of Queen Nazli Sabri, selling for €3.82 million.
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