7 of the Most Expensive Engagement Rings
Plus: How to Get the Look

When it comes to the world of romance and luxury, few things symbolize both as vividly as an engagement ring. Over the years, celebrities have showcased their love and commitment with stunningly extravagant engagement rings. These expensive engagement rings have captured our imaginations with their unparalleled beauty and impressive gemstones. In this article, we’ll explore some of the most expensive engagement rings to adorn celebrities’ hands, from Grace Kelly to Elizabeth Taylor, and give you the best tips for creating your own!

Gemstone: Emerald cut diamond
Carat: 10.48 ct
Price: $4 million (1956, inflation adjusted $45 million in present day)

Prince Rainier III of Monaco initially proposed to Hollywood star Grace Kelly with a ring that included diamonds and rubies from Monaco's crown jewels. Later, he commissioned Cartier to create a 10.48-carat emerald cut diamond ring complete with bezel-set baguette cut diamonds flanking the center stone. Today, this timeless piece is estimated to be worth a staggering $45 million and is part of the royal collection belonging to the House of Grimaldi.

Gemstone: Marquise cut diamond

Carat: 40.42 ct.

Price: $2.6 million (1996)

Jacqueline Kennedy's second engagement ring from Aristotle Onassis, featuring a 40.42-carat marquise cut diamond, was sold for $2.6 million in 1996. Adjusted for inflation, that’s the equivalent of $20 million in today’s currency. This remarkable piece was part of the original 601-carat Rough Lesotho Diamond discovered in 1967 and the creation of famed jeweler Harry Winston.

Gemstone: Emerald cut diamond
Carat: 35 ct.
Price: $10 million (2016)

Mariah Carey's engagement to Australian billionaire James Packer may have been short-lived, but her platinum-set engagement ring is unforgettable. Despite selling it for $2.1 million, the ring's original price tag was an astounding $12.7 million in 2023 dollars. A timeless three stone style, the stunning emerald cut center diamond is flanked by matching tapered baguette diamonds.

Gemstone: Asscher cut diamond
Carat: 33.19 ct.
Price: $8.8 million (2011)

Elizabeth Taylor's engagement ring from Richard Burton featured a 33-carat Krupp diamond, which fetched over $8.8 million at auction in 2011, setting a record for $265,697 per carat. This iconic piece is a very rare type IIa diamond, putting it among the ranks of world-famous stones like the Koh-i-Noor and Cullinan.

Gemstone: Radiant cut canary yellow diamond
Carat: 11 ct.
Price: $5.4 million (2009)

Anna Kournikova's 11-carat canary yellow diamond ring from Enrique Iglesias is shrouded in mystery, as the couple remains private about their personal lives. Kournikova revealed the ring in 2009 and it was estimated to have cost $5.4 million, putting its value today at almost $7.7 million.

Gemstone: Emerald cut diamond
Carat: 24 ct.
Price: $4.7 million (2005)

Paris Hilton's second engagement to Paris Latsis was made official with a 24-carat Harry Winston emerald cut diamond ring. A beautiful center diamond flanked by trillion cut diamonds on a platinum band, the ring was a timeless classic. Unfortunately, the engagement didn’t last, and Paris auctioned the ring to support Hurricane Katrina victims.

Gemstone: Emerald cut blue diamond
Carat: 8.5 ct.
Price: $4.5 million (2004)

Jennifer Lopez's engagement to Marc Anthony in 2004 included a unique 8.5-carat blue diamond ring designed by Harry Winston that set off a craze for colored diamonds. While it’s believed that Lopez sold her jewelry collected during her marriage to Anthony, the fate of this stunning ring remains unknown.