With the economy in shambles and people losing their homes, what better way to start the day then by creating a list of all the expensive crap people can’t afford anymore? Our last most expensive list named several pricey rings that scaled high into the thousands. But there was one thing the article left off — million dollar rings. The rings celebrities like Paris Hilton and Beyonce rock to red carpet events; rings that could probably put you and your entire family through college. Isn’t life, like, so totally fair? Below is a list of engagement rings with some pretty hefty price tags:
Colored diamond rings
The rarity of colored diamonds makes its cost so outrageously high. Women who want a ring that’s unique and stands out tend to gravitate toward this ring, and the price tag gives them exclusive bragging rights, too. Jennifer Lopez sported a pink diamond engagement ring from former fiance Ben Affleck. The price was estimated to be around $3 million. I guess her love does cost a thing.
Tiffany “Legacy” Engagement Ring
Everyone knows Tiffany and Co., and most women still dream of owning a Tiffany engagement ring of their own. Of course, if they want to make their dream come true, they might need to sell their home and eat peanut butter for a year. Tiffany’s “Legacy” engagement ring can run up to $1 million.

This is the faux version.
Lorraine Schwartz Diamond Ring
This 18-carat diamond ring from Lorraine Schwartz has a $5 million price tag! Beyonce has one, which was given to her by husband Jay-Z. But since walking around with $5 mill on your finger can be a bit distracting, the singer decided to buy a cheaper replica and keep the real engagement ring locked in a vault. Poor Bouncy. How will she survive in this economy??