Celebrity Engagement Rings: Explaining the Cost

Celebrities live in their own world, seemingly separate from the rest of us. Everything is bigger and more expensive and extravagant there, including engagement rings. Jay Z recently bought the most expensive engagement ring in the world, at least so far, when he proposed to Beyonce. Her ring is a flawless 18-carat diamond ring worth £3,173,000. It is worth so much that she cannot leave the house without a bodyguard, and she has a second, less expensive ring to wear most of the time.

Are you wondering what makes a very expensive ring any different than a moderately priced ring that the rest of us could one day afford?

For one thing, the designer has a lot to do with it. Lorraine Schwartz designed Beyonce’s ring, and she has also designed many, many other celebrity engagement rings, such as Kim Kardashian’s engagement ring, a 16.5 carat emerald cut diamond worth almost £1,266 million Being a famous designer to the stars makes Schwartz, and other celebrity designers, in very high demand and their engagement ring prices are much higher than an engagement ring made by just someone, somewhere, even if that someone is very talented.

Along with who designs them is who they are designed for. While most new couples going to buy a ring look at already made jewellery, either online or in the store, many celebrities have their rings made specifically for them. Because the ring is one-of-a-kind, it increases its rarity and also its price. Although their marriage is over now, seven years ago Seal proposed to Heidi Klum with a very unique canary yellow diamond that he had designed especially for her.

The other reason celebrity engagement rings are so very expensive is because they are very big. The more carats a diamond has, the more its price jumps dramatically. Which means that Kate Hudson’s 9-carat diamond is going to cost much more than a ½ carat diamond.

While celebrity engagement rings are outrageously expensive, they do not have more sentimental meaning. Anyone who has received a ring that came straight from the heart can tell you, it is the thought, not the cost, that counts.