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These celebrity engagement rings are worth more than a house

Ella Rayment-Ward

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When it comes to items with an expensive price tag, celebrities are notorious for splashing the big bucks.

And one thing plenty of stars seem to like to spend big on is engagement rings.

A-listers like Elizabeth Taylor and Paris Hilton have been presented with extravagant rocks that are worth more than the cost of an average house in Australia!

For context, the Australian Bureau of Statistics reported the average price of housing in 2024 is $959,300.

Read on to see all the pricy – and stunning – engagement rings the stars have worn over the years.

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Attribution: Getty
Grace Kelly and Prince Rainier III
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Grace Kelly and Prince Rainier III

She was a Hollywood actress first, but Grace Kelly married into royalty – and she had an expensive ring to show for it.

The actress got engaged to Prince Rainier III of Monaco in 1956.

To celebrate their engagement, Rainier gifted the star a 10-carat emerald-cut sparkler.

Attribution: Getty
Serena Williams and Alexis Ohanian
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Serena Williams and Alexis Ohanian

Serena Williams got engaged to Reddit co-founder and millionaire Alexis Ohanian on December 29, 2016.

Given Ohanian's impressive net worth, it's hardly surprising the entrepreneur splashed big on an engagement ring.

Read on to see the incredible rock.

Attribution: Getty Images for The Met Museum/
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Look at the size of that diamond!

In an interview with Forbes, Ohanian revealed he used some of his $US50 million (approx. $77 million) cryptocurrency profits towards the 17-carat diamond ring.

The ring itself is estimated to be between $US2–3 million (approx. $3.1–4.6 million).

Attribution: Getty
Katy Perry
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Katy Perry

Katy Perry celebrated Valentine's Day in 2019 in style by announcing her engagement to actor Orlando Bloom.

Bloom proved to be the real lord of the rings when he popped the question to the singer with a gorgeous floral ring with a massive ruby gemstone in the middle.

Attribution: Getty
Blake Lively
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Blake Lively

Blake Lively and Ryan Reynolds have become one of Hollywood's golden couples over the years.

After starring in Green Lantern together, the couple sparked dating rumours in late 2011.

But in September 2012, it was reported not only that they were engaged but they had tied the knot in a secret wedding.

In the years since we've seen Lively's stunning engagement ring on red carpets, and boy is it a beauty!

Attribution: Evan Agostini/Invision/AP
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The ring is a custom design from celebrity jeweller Lorraine Schwartz.

What makes it even more unique is the stunning pink gemstone in the middle.

According to People, the ring is estimated to be worth a whopping $US2 million (approx. $3.1 million). 

Lively told British Vogue in 2015 the sparkler was her "most treasured possession."

Attribution: Getty
Beyoncé and Jay Z
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Beyoncé and Jay Z

In 2008, rapper Jay Z popped the question to singing sensation Beyoncé.

The ring was reportedly also a custom creation by celebrity jeweller Lorraine Schwartz. Read on to see it. 

Attribution: Joel C Ryan/Invision/AP
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The Love on Top singer flashed her ring here at the US Open in 2011.

The 24-carat custom ring with an emerald-cut diamond is hard to miss!

The stunning ring is reportedly worth a whopping $US5 million (approx. $7.7 million).

Attribution: Getty
Paris Hilton and Paris Latsis
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Paris Hilton and Paris Latsis

Before she found love with and married her husband Carter Reum in 2021, Paris Hilton was engaged to fellow socialite Paris Latsis.

The couple got engaged eight months into dating in December 2004, but less than a year later they called off their wedding.

Even though they didn't last, Hilton got quite the incredible engagement ring from their short romance. 

Attribution: FilmMagic

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