'Cleopatra,' starring Elizabeth Taylor and Richard Burton, is considered to be an iconic movie. Because it's iconic, people tend to assume that it must have been a runaway success, which is a mistake. Like 'The Golden Compass,' it didn't do badly, but so much money had been spent on it by the time it was released that it had virtually no chance of making a profit. That's despite the fact that the film almost marketed itself, thanks to the fascination of the press at the time around what may or may not have been going on between Burton and Taylor.
The big tragedy here is that much of the $44m budget - $330m today - was spent on scenes that ended up on the cutting room floor. The initial edit was six hours long, and so 20th Century Fox had to get the scissors out and cut away over forty minutes of very expensive footage. When it made less than was projected, Fox temporarily closed, laying off staff and cutting back on expenses wherever possible. They eventually reopened in a diminished state, taking years to make a full recovery.
In the US, the average spent on an engagement ring is $6,351 but how do these figures compare with our favorite celebrities? The answer: they don't. As the diamonds increase in size, obviously the price tag appreciates handsomely. Well, we've compiled a list of some of the most expensive celebrity engagement rings.
This list would be nothing without Kim Kardashian's rock from Kanye, which clocked in at around a cool $4 million when he presented it to her at his stadium proposal in October 2013. Unfortunately, though, the 15-carat sparkler was among the jewelry stolen during Kim's infamous Paris robbery in 2016.
Jennifer Lopez's husband Alex Rodriguez popped the question to the singer, and he really had to step it up to outshine her previous engagement rings—and wow, did he deliver. The baseball star proposed with a reported 15-20 carat emerald cut stunner set on a platinum band that was estimated at $5 million. It's getting harder and harder not to be fooled by the rocks she's got...
It should come as no surprise that Beyonce herself totes one of the world's highest-valued diamonds. Weighing in at 24 carats, Jay reportedly paid around $5 million (now worth $6,047,013) for Bey's flashy emerald-cut ring back in 2008.
Anna Kournikova's relationship Latin music artist Enrique Iglesias since the early '00s has been one of the most lowkey celebrity relationships to date. That is with the exception of her $5,400,000 engagement ring that made headlines in 2004. Now, worth a whopping $7,443,596, the giant yellow stunner was spotted on Kournikova even during her tennis matches. (Pssst! It's rumored she got two rings from Iglesias. Prior to this, she sported an equally giant pink pear-shaped ring.)
Clocking in as the most expensive celebrity engagement ring, Mariah Carey's 35-carat bling from ex-fiancé James Packer reportedly cost a cool $10 million. And the "Obsessed" singer seemed to be a bit, well, obsessed with the jewel. She continued to wear the ring over a year post-breakup, and didn't part ways with the bauble until May 2018, selling it to a Los Angeles jeweler for $2.1 million.