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7 Most Expensive Engagement Rings An engagement ring is a ring indicating that the person wearing it is engaged to be married, especially in Western cultures. A ring is presented as an engagement gift by a partner to their prospective spouse when they propose marriage or directly after a marriage proposal is accepted. Paris Hilton’s 24-Carat Diamond engagement ring is the seventh most expensive engagement jewelry shown in this video. Paris Hilton’s engagement ring, which is valued at $4.7 million, was presented to her by her ex-fiancee, Paris Latsis. According to reports, Latsis offered Hilton 15 different engagement rings by renowned jewelers before she settled on this particular one. She ultimately decided to auction off the gorgeous 24-carat diamond ring to raise funds to benefit those who had been affected by Hurricane Katrina. Number six on our list is The 18-Carat Diamond Ring worn by Beyoncé which was given to her by Jay-Z at the point of the proposal. This ring, which has an 18-carat emerald cut diamond in the center, is worth $5 million. The micro-pave diamonds on the platinum split-shank band add a special touch to the piece. Lorraine Schwartz was the creative force behind this stunning design concept. Anna Kournikova’s 11-Carat Pear Diamond engagement ring is the fifth most expensive engagement ring in the world. During his marriage proposal to the lovely tennis player, hubby Enrique Iglesias presented the couple with an exquisite diamond ring worth $5.4 million. The gorgeous ring is set with an 11-carat pear-shaped diamond that is cognac and champagne in color and beautifully put in a traditional setting. At number four on our list of most expensive engagement rings is Kim Kardashian’s 15-Carat Diamond Ring. When Kanye West proposed to Kim Kardashian, he did so in a grand and elaborate manner. The ring, which was valued at $8 million, contained a cushion-cut diamond weighing 15 carats. It looked stunning when it was mounted on a thin platinum band. Coming at number three is Elizabeth Taylor’s 33-carat Krupp Diamond engagement diamond ring. Elizabeth Taylor’s engagement ring, which was given to her by Richard Burton and has been in her possession for several decades, was valued at $8.8 million. It was a 33-carat Asscher cut Krupp diamond that was set in platinum with a platinum shank. The Second most expensive engagement ring in the world is the Blue Diamond engagement ring by Bvlgari. The 5.4-carat diamond band, which originally sold for $9.5 million, held the record for the most expensive engagement ring in the world. It was purchased by Graff Diamonds and is truly one-of-a-kind. #mostexpensiveengagementrings #engagementrings #mostexpensiveengagementring most expensive engagement rings,engagement rings,most expensive engagement ring,engagement ring,most expensive ring,celebrity engagement rings,top 10 most expensive engagement rings in the world,expensive engagement rings,most expensive,jennifer lopez,most expensive celebrity engagement rings,diamonds,kim kardashian,top 10 most expensive celebrity engagement rings,diamond engagement rings,diamond ring,ring,expensive rings,expensive engagement ring,expensive,celebrity engagement,mariah carey,most expensive diamond,wedding rings,wedding ring,kanye west,luxury lifestyle,most expensive diamond in the world,celebrity net worth,rings,celebrity engagement ring,engagement ring shopping,celebrities engagement rings