Celebrity engagement rings are often more than just symbols of love – they’re dazzling displays of wealth and extravagance. While the average American couple spends around $5,200 on an engagement ring, the world of celebrity proposals often involves diamonds that cost millions. These extravagant gems make headlines not only for their size but also for the intricate designs and historical significance behind them.
Here are five of the most famous (and expensive) engagement rings gracing celebrity fingers:
Taylor Swift’s Hand-Engraved Gem
In a stunning twist, Taylor Swift’s recent engagement ring from football star Travis Kelce has taken center stage in 2025. The eight-carat old mine-cut diamond features intricate hand engraving and is estimated to be worth between $250,000 and $500,000. Kelce collaborated with designer Kindred Lubeck of Artifex Fine Jewelry to create this unique piece, reflecting a blend of contemporary style and classic elegance.
Jennifer Lopez’s Verdant Treasure
Jennifer Lopez has had her share of unforgettable engagement rings, but her current 8.5-carat green diamond from Ben Affleck stands out. Estimated at $5 million, the ring is considered one of the rarest due to its vibrant color. This dazzling gem is particularly special because it comes after a second engagement for the couple who were previously betrothed in 2002 with a 6-carat pink diamond ring.
Cristiano Ronaldo’s Luxurious Proposal
Soccer superstar Cristiano Ronaldo made headlines in 2023 when he proposed to Georgina Rodriguez with a 37-carat diamond ring valued at approximately $3 million. The impressive oval-cut, flawless white diamond is set in platinum, creating a timeless and incredibly opulent look.
Elizabeth Taylor’s Legendary Diamond
While not strictly an engagement ring, Elizabeth Taylor’s 69.42-carat pear-shaped “Taylor-Burton” diamond deserves a place on this list. Richard Burton famously gifted the diamond to his wife in 1970 after winning it at auction for over $1 million. It was later sold by Taylor after their divorce, fetching around $5 million. This historical gem remains one of the most famous diamonds ever owned and highlights Burton’s extravagant displays of love for the legendary actress.
Princess Diana’s Timeless Sapphire
Princess Diana’s iconic sapphire engagement ring is a timeless piece that continues to captivate the world. The 12-carat oval sapphire surrounded by fourteen solitaire diamonds was originally purchased by Prince Charles from Garrard & Co., the Crown Jewellers. After Diana’s passing, Prince William inherited the ring and presented it to his bride, Kate Middleton (now the Princess of Wales) in 2010.
These extravagant diamond displays highlight a particular facet of celebrity culture: the desire to express commitment through breathtakingly expensive symbols. They also showcase the enduring allure of diamonds – gems that continue to capture imaginations and fascinate with their beauty, rarity, and historical significance.
