You Won’t Guess: The Most Expensive Engagement Rings

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Let love ring out. When it comes to the most expensive engagement rings in the world, celebrities have topped the list.

Though some of the romances were fleeting and ended within a few months, the diamonds are forever.

These expensive engagement rings have been crafted in the finest metal and the world’s most valuable gemstones

What you need to know

  • Forever has a nice ring to it.
    If these gorgeous jewelry pieces seem out of reach, don’t despair, as there are many exquisite options available at more affordable prices from some of the best jewelry brands out there.
  • Maybe, someday…
    Although some of the world’s most expensive diamond rings include the Pink Star, Oppenheimer Blue, Graff Pink, and the Cullinan Dream, these have not been featured on our list as they haven’t been used as engagement rings. Yet.
  • Dazzling engagement rings with even more dazzling prices.
    To compile this ranking, we have listed the most expensive engagement rings from most expensive to less pricey (albeit still expensive) based on the inflation-adjusted prices in 2024 US dollars.

The most expensive celebrity engagement rings in the world

#RingPrice
1Grace Kelly$46,1 million
2Mariah Carey x James Packer$13 million
3Elizabeth Taylor$12,2 million
4Anna Kournikova$7,9 million
5Paris Hilton$7,5 million
6Beyoncé$7,2 million
7Vanessa Bryant$6,8 million
8Jennifer Lopez x Marc Anthony$6,4 million
9Jennifer Lopez x Alex Rodriguez$6,1 million
10Kim Kardashian$5,3 million
11Jennifer Lopez x Ben Affleck$5,3 million
12Jackie Kennedy Onassis$5,2 million
13Anna Kournikova$4,1 million
14Melania Trump$4 million
16Serena Williams$3,8 million
16Alexa Dell$3,7 million
17Mariah Carey x Nick Cannon$3,6 million
18Blake Lively$2,7 million
19Ciara$2,6 million
20Paris Hilton x Carter Reum$2,3 million
21Kate Upton$1,9 million

Grace Kelly’s x Prince Rainier III of Monaco – $46.1 million

most expensive engagement ring grace kelly price - Luxe Digital

Prince Rainier III of Monaco initially proposed to Grace Kelly with a ring crafted from diamonds and rubies that made up Monaco’s crown jewels. Later on, the Prince commissioned Cartier to craft a 10.48-carat emerald-cut diamond ring. 

The center diamond is flanked by two baguette-cut side diamonds. Although the ring was purchased for $4 million in 1956, it is now estimated to be worth around $46.1 million in inflation-adjusted 2024 dollars. The ring is now part of the collection belonging to the House of Grimaldi.

While pricey, this isn’t even enough to match the most expensive diamonds in the world at the moment.

Gemstones:White diamonds
Cut:Emerald-cut
Carats:10.48 ct.
Original price:$4 million (1956)
Estimated current value:$46.1 million

Mariah Carey x James Packer – $13 million

most expensive engagement rings mariah carey james packer - Luxe Digital

Mariah Carey’s engagement to Australian billionaire James Packer was a short-lived love story. But the platinum set ring is a timeless design by American jewelry designer Wilfredo Rosado.

This glittering bauble was later rumored to have been sold by Carey for $2.1 million in 2018. She let it go for a bargain, considering the engagement ring’s original price tag of $10 million ($13 million when adjusted for inflation).

Gemstone:White diamond
Cut:Emerald-cut
Carats:35 ct.
Original price:$10 million (2016)
Estimated current value:$13 million

Elizabeth Taylor x Richard Burton – $12,2 million

most expensive engagement ring elizabeth taylor price - Luxe Digital

Elizabeth Taylor’s iconic engagement ring from Richard Burton features a 33-carat Krupp diamond, later named the Elizabeth Taylor diamond when she passed away in 2011. The record-breaking engagement ring sold for over $8.8 million ($265,697 per carat!) at Christie’s in December 2011.

The stone is said to be a rare type IIa diamond, with other famous examples of such diamonds being the Koh-i-Noor and Cullinan. This is truly one of the most unforgettable engagement rings of all time.

Gemstone:White diamond
Cut:Asscher-cut
Carats:33.19 ct.
Last sold price:$8,8 million (2011)
Estimated current value:$12,2 million

Anna Kournikova x Enrique Iglesias – $7,9 million

most expensive engagement rings anna kournikova - Luxe Digital

In 2009, Tennis champion Anna Kournikova was spotted with an alluring yellow diamond ring from Latin music artist Enrique Iglesias. The couple never really confirmed if this was a second engagement ring or a wedding ring. Since the couple remains private about their personal lives, we have to keep guessing.

The ring is now valued at almost $7,9 million in inflation-adjusted 2024 dollars, ranking it among the most expensive engagement rings in the world.

Gemstone:Yellow and white diamonds
Cut:Radiant-cut
Carats:11 ct.
Original price:$ 5,4 million (2009)
Estimated current value:$7,9 million

Paris Hilton x Paris Latsis – $7,5 million

most expensive engagement rings paris hilton - Luxe Digital

Paris might have gone through four engagement rings in total, but it was her second engagement with Greek shipping heir Paris Latsis that made our list. The two were engaged in 2005 after a whirlwind romance and unfortunately called off the engagement just a few months later.

Paris later auctioned off the 24-carat ring to support the victims of Hurricane Katrina.

Gemstone:White diamond
Cut:Emerald-cut
Carats:24 ct.
Original price:$4,7 million (2005)
Estimated current value:$7,5 million

Beyoncé x Jay-Z – $7,2 million

most expensive engagement ring beyonce price - Luxe Digital

When Jay-Z proposed to Queen Bey, he did so with a flashy emerald cut 18-carat diamond set on a split shank platinum band. Now that’s how you Put a Ring on It. Since their engagement in 2008, the Lorraine Schwartz diamond ring has increased in value to over $7 million today.

The stone is flawless and deemed to be premium and exceptional. It’s no wonder the ring is kept locked in a safe for the most part, and Beyoncé chooses to wear simpler alternatives when out.

Gemstone:White diamond
Cut:Emerald-cut
Carats:18 ct.
Original price:$5 million (2008)
Estimated current value:$7,2 million

Vanessa Bryant – $6,8 million

most expensive engagement ring vanessa bryant price - Luxe Digital

This isn’t technically the couple’s engagement ring. However, it has been known as the upgraded version of the initial engagement ring Kobe gave to Vanessa. Although most have reported it to be an apology ring, that’s not something the couple got into at the time.

The custom-designed 8-carat Raffi ring is said to have increased in value since the passing of Kobe.

Gemstone:Purple and white diamonds
Cut:Square-cut
Carats:8 ct.
Original price:$4 million (2003)
Estimated current value:$6,8 million

Jennifer Lopez x Marc Anthony – $6,4 million

most expensive engagement rings jennifer lopez marc anthony - Luxe Digital

When J.Lo was engaged to singer Marc Anthony, she received a rare blue diamond ring, which is the most expensive of all her engagement rings (there have been SIX!). This stunning sparkler was designed by Harry Winston and stands out for its unique style and even more unique precious stone.

J.Lo was said to be selling off all the jewelry from her marriage to Anthony, but there are no reports on whether or not the blue diamond ring was among the items sold.

Gemstone:Light blue and white diamonds
Cut:Emerald-cut
Carats:8.5 ct.
Original price:$4 million (2004)
Estimated current value:$6,4 million

Jennifer Lopez x Alex Rodriguez – $6,1 million

most expensive engagement rings j-lo rodriguez - Luxe Digital

Love Don’t Cost a Thing, but Jennifer Lopez’s engagement ring from former New York Yankee Alex Rodriguez definitely does. Around $5 million. 

The enormous, estimated-to-be-15-carat, emerald-cut diamond caught the world’s attention in 2019 when the baseball star proposed to J-Lo during a romantic getaway in the Bahamas. Despite their high-profile engagement, the couple announced their split in 2021, and the current whereabouts of the dazzling sparkler are not publicly known.

Gemstone:White diamond
Cut:Emerald-cut
Carats:15 ct.
Original price:$5 million (2019)
Estimated current value:$6,1 million

Kim Kardashian x Ye – $5,3 million

most expensive engagement ring kim kardashian price - Luxe Digital

Ye (formerly Kanye West) presented Kim Kardashian with a Lorraine Schwartz sparkler for her dual 33rd birthday celebration and surprise proposal back in 2013. The gorgeous rock is set as a solitaire with micro-pavé diamonds on a thin platinum band.

In contrast to the very extravagant lives of Kim and Kanye, the ring is actually a simple design that allows the flawless diamond to take center stage. Kardashian’s 15-carat sparkler was stolen during Kim’s infamous Paris robbery in 2016. Kim and Kanye officially divorced in 2022.

Gemstone:White diamond
Cut:Cushion-cut
Carats:15 ct.
Price:$4 million (2013)
Estimated current value:$5,3 million

Jennifer Lopez x Ben Affleck – $5,3 million

most expensive engagement rings bennifer luxe digital

Ben Affleck proposed to J.Lo in 2022 with a striking and rare 8.5-carat diamond ring in J.Lo’s lucky color–emerald green. We can’t help but remember a certain iconic green Versace dress that broke the internet and inspired the creation of Google Images. 

Just like Bennifer’s renewed romance (they were previously engaged back in 2002), the green diamond engagement ring has sparked a lot of attention across the globe and is estimated to cost over $5 million.

Gemstone:Green diamond
Cut:Emerald-cut
Carats:8.5 ct.
Original price:$5 million (2022)
Estimated current value:$5,3 million

Jackie Kennedy x Aristotle Onassis – $5,2 million

most expensive engagement ring jackie kennedy price - Luxe Digital

Former US First Lady Jackie Kennedy’s storied engagement ring from Greek billionaire Aristotle Onassis sold for $2.6 million at a Sotheby’s auction in 1996 after her passing. This was Jackie O’s second engagement ring. 

The 40-carat marquise-cut diamond formed part of the original 601-carat Lesotho III diamond and was 1 of only 18 stones cut from it. This remarkable engagement ring from Harry Winston will set you back up to $5.2 million in inflation-adjusted 2024 dollars.

Gemstone:White diamond
Cut:Marquise-cut
Carats:40 ct.
Price:$2,6 million (1996)
Estimated current value:$5,2 million

Anna Kournikova x Enrique Iglesias – $4,1 million

most expensive engagement rings anna kournikova - Luxe Digital

Enrique Iglesias and Anna Kournikova have been together since 2002. The two have stated on many occasions that marriage is not something they want to conform to. However, he has gifted her with “engagement” rings in two instances. 

This 11-carat ring was spotted on her ring finger in 2004. It holds a spectacular diamond from the Argyle mines in West Australia.

Gemstone:Pink diamond
Cut:Pear-shaped
Carats:11 ct.
Original price:2.5 million (2004)
Estimated current value:$4,1 million

Melania Trump x Donald Trump – $4 million

most expensive engagement ring melania trump price - Luxe Digital

Donald Trump proposed to Melania in 2004 with a 15-carat Graff diamond worth an estimated $2 million. The ring features a remarkable D-flawless diamond with two smaller side diamonds.

In 2015, she was given an upgraded ring with a 25-carat diamond also from Graff and incredibly similar to the original ring. This ring is estimated to be worth $3 million ($3.97 million in inflation-adjusted 2024 dollars).

Gemstone:White diamond
Cut:Emerald-cut
Carat:25 ct.
Original price:$3 million (2015)
Estimated current value:$4 million

Serena Williams x Alexis Ohanian – $3,8 million

most expensive engagement rings serena williams luxe digital

Tech entrepreneur and Reddit co-founder Alexis Ohanian proposed to tennis champion Serena Williams with a stunning emerald-cut 17-carat diamond ring.

The engagement ring quickly made headlines for its admittedly jaw-dropping price tag but also because it is said to have been purchased with Ohanian’s crypto fortune.

Gemstone:White diamonds
Cut:Emerald-cut
Carats:17 ct.
Original price:$3 million (2017)
Estimated current value:$3,8 million

Alexa Dell x Harrison Refoua – $3,7 million

most expensive engagement ring alexa dell price - Luxe Digital

Alexa, the daughter of Dell Technologies founder Michael Dell, flaunted her sparkly 12-carat engagement ring in 2017 when her fiance, Harrison Refoua, proposed. Alexa is a billionaire heiress and businesswoman, and her fiance is a real estate investor. 

The ring’s center diamond is surrounded by smaller diamonds and set on a thin band encrusted with, you guessed it…even more diamonds! 

Gemstone:White diamonds
Cut:Emerald-cut
Carats:12 ct.
Original price:$3 million (2017)
Estimated current value:$3,7 million

Mariah Carey x Nick Cannon – $3,6 million

most expensive engagement rings mariah carey - Luxe Digital

Rumor has it that actor and rapper Nick Cannon proposed to Mariah Carey in 2008 with a playful gesture, using a Ring Pop wrapper before presenting her with a 17-carat diamond engagement ring. The emerald-cut stone, sourced from Jacob & Co., is flanked by 58 pink diamonds and two half-moon-cut stones, making it exceptionally unique. 

Cannon’s romantic proposal took place on the rooftop of Carey’s Manhattan apartment. Although the couple married shortly after the proposal, they divorced in 2016.

Gemstone:Pink diamonds
Cut:Emerald-cut
Carats:17 ct.
Original price:$2,5 million (2008)
Estimated current value:$3,6 million

Blake Lively x Ryan Reynolds – $2,7 million

most expensive engagement ring blake lively price - Luxe Digital

When Ryan Reynolds proposed to Blake in 2012, he did so with a specially designed piece from celebrity jewelry designer Lorraine Schwartz. The ring’s band is made up of rose gold with pave diamonds and elegantly complements the pink diamond stone.

This 12-carat piece is especially treasured by Blake since Ryan played a major part in helping design the ring with Lorraine without any input from Blake.

Gemstone:Light pink and white diamonds
Cut:Oval-cut
Carats:12 ct.
Original price:$2 million (2012)
Estimated current value:$2,7 million

Ciara x Russell Wilson – $2,6 million

most expensive engagement rings ciara x russell - Luxe Digital

When American football star Russell Wilson got down on one knee to propose to Grammy-winning singer Ciara, he made sure to outshine her former fiancé’s engagement ring.

Wilson proposed in March 2016 during their stay at an exclusive North Island resort in the Seychelles with a rare 16-carat round brilliant-cut diamond, accentuated by pear and trapezoid-shaped diamonds on either side.

Wilson and Ciara are still happily married, and the highly publicized diamond is frequently seen adorning the singer-songwriter’s finger.

Gemstone:White Diamonds
Cut:Round brilliant-cut
Carats:16 ct.
Original price:$2 million (2016)
Estimated current value:$2,6 million

Paris Hilton x Carter Reum – $2,3 million

most expensive engagement rings paris hilton - Luxe Digital

Paris Hilton’s 20-carat three-stone engagement ring from entrepreneur and American author Carter Reum was designed by Jean Dousset, the great-great-grandson of Louis Cartier. 

The ring, named “Paris,” features a large central diamond flanked by two baguette diamonds on the side and numerous smaller diamonds, all set in a platinum band. Inspired by the architecture of the Grand Palais in Paris, the design maximizes light reflection and showcases exceptional craftsmanship. 

Carter proposed to Paris in a fairytale moment, on a private island in February 2021, just before her 40th birthday. The couple married in November 2021 and are still happily together with two children. 

Gemstone:White Diamonds
Cut:Emerald-cut
Carats:20 ct.
Original price:$2 million (2021)
Estimated current value:$2,3 million

Kate Upton x Justin Verlander – $1,9 million

most expensive engagement rings kate upton - Luxe Digital

Custom-designed by Verlander in collaboration with jeweler Anita Ko, Kate Upton’s engagement engagement ring features an impressive eight-carat round diamond, set in a band encrusted with pavé diamonds.

Verlander proposed right before the baseball season started in 2016, but the couple kept their engagement private until Upton debuted the ring at the Met Gala later that year. The couple married in a romantic ceremony in Tuscany in November 2017 and remain together, with the iconic ring still dazzling on Upton’s finger.

Gemstone:White Diamonds
Cut:Round-cut
Carats:8 ct.
Original price:$1,5 million (2016)
Estimated current value:$1,9 million

Frequently asked questions about the most expensive engagement rings in the world

Who owns the most expensive engagement ring in the world?

The most expensive engagement ring is the Cartier ring, once owned by Grace Kelly. The $46.1 million (in inflation-adjusted 2024 dollars) ring now belongs to the House of Grimaldi of the Principality of Monaco and is considered the most expensive engagement ring in the world.

What is the most expensive ring in the world?

The Pink Star ring is the most expensive (non engagement) ring in the world, sold at a mind-blowing $71.2 million at Sotheby’s auction in 2017. It features a stunning 59.60-carat oval-shaped fancy vivid pink Type IIa diamond.

What gemstones are used for engagement rings?

The most commonly used gemstones for engagement rings are precious diamonds. Diamonds are the most durable stones and come in a variety of colors. Other precious gemstones used for engagement rings include sapphires, rubies, and emeralds.


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