Size Does Matter: 25 Most Expensive Engagement Rings

14. Katie Holmes

5-carat Edwardian-cut oval-shaped diamond

Price: $1.5 million

It wasn’t the first time Katie Holmes would slip a rock on her ring finger – the actress was previously engaged to fellow 2000s actor Chris Klein — but it was certainly the most jaw-dropping! Cruise presented Holmes with a 5-carat oval-shaped engagement ring from Fred Leighton, complete with an additional 6 carats of smaller diamonds around the setting.

Estimated value: $275,000. However,Tom Cruise and Katie Holmes shocked the world by calling it quits in 2012.
Now a days Katie Holmes is said to be dating Jamie Foxx.