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.
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 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.
Chopard Blue Diamond Ring
Featuring 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.
Setting 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.
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.
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.