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This Royal Has the Most Expensive Engagement Ring—and It’s Not Kate Middleton by a Long Shot

Kate Middleton’s sapphire engagement ring has a fascinating history. Although fans can easily spot the sparkler in the wild, the duchess hasn’t shared specific details about the accessory—including how much it’s worth.

Luckily, U.K. jewelry company Steven Stone conducted a study where experts analyzed royal engagement rings from around the globe and ranked them based on their value. While Princess Catherine made the top ten—along with Queen Elizabeth and Camilla Parker Bowles—she didn’t top the list.

Instead, Queen Jetsun Pema of Bhutan claimed the number one spot. According to the experts at Steven Stone, the monarch has the most expensive royal engagement ring, worth around $1.5 million.

The jeweler also noted trends among the royal engagement rings. For example, nearly a third of the rings feature round cut diamonds. Princess Catherine is tied with Queen Margethe II for the highest carat weight (12 carats). Plus, more than half of the bands are white gold. According to Steven Stone, the metal “is said to reduce negative energy and bring peace.”

Keep scrolling for a list of the top ten most expensive royal engagement rings.

10. Princess Iman of Jordan

Price: $250,000

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Handout/Getty Images

9. Claire Margareta Lademacher of Luxembourg

Price: $250,000

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Michel Porro/WireImage

8. Queen Máxima of the Netherlands

Price: $243,000

most expensive royal engagement rings queen elizabeth
Tim Graham Photo Library/Getty Images

7. Queen Elizabeth II

Price: $252,000

most expensive royal engagement rings camilla parker bowles
Anwar Hussein/WireImage

6. Camilla Parker Bowles

Price: $258,000

most expensive royal engagement rings kate middleton
Chris Jackson/Getty Images

5. Kate Middleton

Price: $365,000

most expensive royal engagement rings stephanie de lannoy
Andreas Rentz/Getty Images

4. Countess Stephanie de Lannoy of Luxembourg

Price: $1.2 million

3. Princess Rajwa of Jordan

Price: $1.3 million

most expensive royal engagement rings queen margrethe
Julian Parker/UK Press via Getty Images

2. Queen Margrethe II of Denmark

Price: $1.3 million

most expensive royal engagement rings queen jetsun
Triston Yeo/Getty Images

1. Queen Jetsun Pema of Bhutan

Price: $1.5 million

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greta

Senior Editor

Greta Heggeness is a California-based editor at PureWow and has been writing about entertainment since 2015. She covers everything from awards shows to exclusive celebrity...