Melania Trump, Meghan Markle, Kylie Jenner draw attention to expensive engagement rings

By @AtanuShaw on
Donald Trump & Melania enter the Oscar De LA Renta Fashion Show, New York

Celebrity engagement rings have been making the headlines lately, as the world looks forward to this year's highly anticipated royal wedding of Prince Harry and Meghan Markle. Furthermore, new mom Kylie Jenner of the Kardashian family has reportedly been sporting an engagement ring from Travis Scott. In addition, the media has uncovered details on the engagement ring of FLOTUS Melania Trump.

Fueling more interest in unbelievably expensive engagement rings is US President Donald Trump himself. Just over a week ago, Forbes released a story on the emerald cut D-flawless ring that the POTUS gave FLOTUS Melania Trump when they got engaged back in 2005.

'Trump lied about diamond engagement ring discount' - Forbes

In its report, Forbes said that Trump had lied about the million dollar discount he supposedly received from Graff Diamonds. Still, there was no confirmation in the media regarding the actual cost of the famous ring.

Even as he corrected old reports that Trump got a huge discount, Graff Diamonds Chairman Laurence Graff did not specify the amount that Trump reportedly paid in full. Incidentally, Trump bought another diamond ring from Graff, this time for the American first couple's 10th wedding anniversary.

Priceless engagement ring for 'Suits' actress Meghan Markle

Meanwhile, “Suits” actress Meghan Markle, Prince Harry's wife-to-be, is wearing an “incredibly special” engagement ring with diamonds from Princess Diana's priceless personal collection. The prince himself designed the ring.

In contrast, Prince Harry's brother and Princess Diana's first son Prince William gave then-fiancée Kate Middleton the same engagement ring that the late princess wore in 1981. Back then, the ring was reportedly purchased for around US$50,000. It is now reportedly valued at around half a million, considering it has been successfully passed on to the next royal generation.

The Duchess was later photographed wearing what seems to be the rest of her engagement jewellery set. She wore a pear-shaped sapphire and diamond cluster pendant with matching earrings while attending a ceremony at St. Paul’s Cathedral for an official event.

In the entertainment industry, social media icon and new mom Kylie Jenner, 20, has yet to officially confirm speculations that she and boyfriend Travis Scott are now engaged. The couple welcomed their baby girl Stormi on Feb. 1.

Engagement and wedding rings for millions of dollars

Many ordinary real-life couples in Australia and around the world are happy to buy customised engagement rings and wedding bands. However, for many public personalities, there appears to be no limit to the amount they would pay for the symbol of their affection.

In 2013, IBTimes Australia looked into some of the most expensive celebrity engagement rings reported in recent history. Beyonce's engagement ring from Jay-Z then topped the list with a five-million-dollar diamond ring.

A recent survey shows that almost 20 percent of gift buyers for the recently concluded Valentine's Day had planned to spend a total of $4.7 billion on jewellery items alone. This figure is over nine percent higher from 2017, according to the National Retail Federation.