It’s no secret that many big time celebrities like to showcase big time bling – and the celebrity engagement ring is no exception.
The all-things-wedding resource TheKnot.com estimates the average cost of an engagement ring in the United States at about $5,400, which is a quite sizable chunk of change.
When comparing that average, however, to the cost of some of the most famous celebrity engagement rings out there costing in the millions of dollars range, with the most expensive valued at a cool $8.8 million, that $5,400 quickly becomes chump change. Like Elizabeth Taylor once said, “big girls need big diamonds.” Ironically enough, that $8.8 million engagement ring belonged to Taylor herself.
Some of the most striking six-figure celebrity engagement rings belong to film stars, music icons, and celebutantes. Elizabeth Taylor’s $8.8 million-valued bauble, given to her by Richard Burton (whom she married twice, in 1964 and 1975) is a 33.19-carat Asscher-cut Krupp diamond certified as a Type IIa, the most chemically pure diamond available. Christie’s auctioned off this immensely huge celebrity engagement ring in December 2011 to a lucky unnamed buyer.
Almost nipping at Taylor’s heels, Beyonce rocks a $5 million engagement ring gifted to her by superstar husband Jay-Z . Beyonce’s 18-carat flawless octagon Lorraine Schwartz platinum ring may just be the inspiration behind her hit Single Ladies (Put A Ring On It), because, really, who wouldn’t be inspired by such a stunner?
When Paris Hilton said yes to her now ex-fiance Paris Latsis (really, two Parises, what are the chances?), she also said yes to wearing a massive 24-carat white gold engagement ring valued at $4.7 million, bearing an insanely large center rectangle diamond flanked by triangle cut baguettes. The weight of the ring, and the engagement itself, may have been too much for the Parises, as they called it quits before meeting at the altar. Rather than keeping the ring, Hilton auctioned off her celebrity engagement ring to benefit Hurricane Katrina victims after their split.
American film actress Grace Kelly married Prince Rainier III of Monaco after he presented her with an engagement ring valued at $4.06 million. The 10.47-carat Cartier emerald-cut ring flanked by two baguettes just may convince some huge-ring-hopefuls to kiss a few frogs in hopes of meeting a prince with such deep pockets.
Last, but certainly not least on the list of insane celebrity engagement ring expenditures, Jennifer Lopez has to make the most expensive celebrity ring engagement list for not one, but two, massive rings gifted to her by now ex-fiance Ben Affleck and ex-husband Marc Anthony. Affleck slipped a 6.1-carat Harry Winston pink diamond valued at $2.5 million back on her finger in 2002, while Anthony presented Lopez with an 8.5-carat Neil Lane stunner a few years later. While those relationships didn’t last, it can be said with certainty that nobody is fooled by the insane value of the rocks that J Lo got.