Mostly used as celebrity engagement rings, the most expensive rings in the world feature massive diamonds and retail for more than most of us will make in a lifetime. Forget the half-carat rings you spent three months salary on, these extravagant rings will set you back no less than $2 million. Now, you may be thinking who in the world would ever need something like that, and the answer is no one. No one needs a ring like that. Nevertheless, we all love luxury sometimes, and sometimes that's a $6 million dollar ring.
The most expensive ring in the world includes a huge diamond, but like several others on this list, it's not white. The Chopard Blue Diamond Ring comes with white diamonds but the main attraction is a ginormous light blue oval diamond. Add in an 18-carat white gold band and this ring sells for just $16.26 million. That's just one of the Chopard engagement rings that will put you in debt for life. If that's just a bit out of your price range, or if blue is not your color, fortunately there are many other options. Take the Graff Diamonds pink diamond ring for example. Sold over the phone at a Hong Kong auction, this sparkler is much more affordable, only selling for $10.8 million.
As you might imagine, most of these ridiculously expensive rings were purchased for engagements. Sure, the people buying them clearly have more than enough money, but they might also know not many women are going to say no to a couple million dollars on their finger. Regardless, the rings on this list say far more than, "Will you marry me?" and even then, those engagements don't always last. Take Paris Hilton, for instance. She received a $4.7 million dollar engagement ring from Paris Latsis, only to call things off four months later. On the bright side, she later auctioned it off for a good cause. Who else are owners of the most expensive rings to date? Just how expensive do these diamond rings get? Check out the list to find out.
As fancy and spectacular as these rings are, men, it's probably a good idea to keep your lady friends away from this list. That is of course unless you don't want that overwhelming look of disappointment when you pop the question with a much smaller rock later on. You've been warned. Now, whether you're simply curious or you're ready to pop the question (and also have a few million lying around), take a look at the pricey rings below to see just how insane they can get.
Chopard Blue Diamond RingPhoto: Metaweb / GNU Free Documentation LicenseFeaturing a trademark light blue color, the Chopard Blue Diamond Ring is one of the most expensive in the world at $16.26 million. The oval-shaped blue diamond is surrounded by white diamonds and set on an 18-carat white gold band. If you do the math, this ring comes out to roughly $1.7 million per carat.
Graff Diamonds' Pink Diamond RingPhoto: flickr / CC0Setting a record for per-carat prices, a five-carat pink diamond ring, set by Graff Diamonds, was sold at a Hong Kong auction in December 2009 for a crazy $10.8 million. Chinese millionaire Liu Yiqian offered up a big of HK$70 million but was outbid by a phone bidder at the last minute who offered a whopping HK$83.5 million.
The Blue DiamondPhoto: Metaweb / GNU Free Documentation License
Known simply as The Blue Diamond, this ring set records for the most expensive precious jewel of its kind, coming in at nearly $8 million for 6.04 carats. Unlike the Chopard Blue Diamond Ring, The Blue Diamond is darker in hue, but flawless in clarity.
This beauty sold at a Sotheby's auction in Hong Kong to what is likely one very happy lady.
Beyonce's Engagement RingPhoto: Metaweb / CC-BY
They may have denied their wedding but rapper Jay-Z and singer Beyonce could not hide the massive rock she was sporting before the couple married in 2008. The Lorraine Schwartz ring was a flawless 18-carat rock valued at over $5 million.
For a couple that tried so hard to hide their engagement and their wedding, a ring this big and flashy sure made that difficult.