How Much Did Jay-Z Spend on Beyoncé’s Engagement Ring?

Beyoncé and Jay-Z have been married for nearly 13 years. However, before the music legends tied the knot in 2008, they refused to confirm their relationship with the public. Following their marriage, they have been a bit more open with sharing their bond and family life along with their three children Blue Ivy, Sir, and Rumi, on social media.

However, the pair have remained tight-lipped about revealing their dating life, marriage, and wedding as well as more intimate and personal details. Though we’ve gotten more information since their wedding, the specs surrounding Beyoncé’s engagement ring are also not as well known.

Beyonce and Jay-Z at The "Charles James: Beyond Fashion" Costume Institute Gala at the Metropolitan Museum of Art on May 5, 2014 in New York City.
Beyonce and Jay-Z | Mike Coppola/Getty Images

Who is richer Beyoncé or Jay-Z?

Jay-Z and Beyoncé have shaped the music industry in their own distinct ways. As a young rapper in the ’90s, the Brooklyn-born rapper’s distinctive lyrics and his Rock-A-Fella Records helped redefine rap. He has helped discover rappers like Kanye West and J.Cole, as well as singer Rihanna.

For her part, Beyoncé began her career in the best-selling girl group Destiny’s Child. After seeing success with the group, she branched out on her own with her debut solo album, Dangerously In Love, in 2003. 10 years later, with her self-titled album, she singlehandedly redefined how artists released their music with her surprise visual album drop.

Both artists have ventured outside of the music industry with ventures like Tidal and Beyoncé’s Ivy Park x Adidas. Both the singer and the rapper are wildly wealthy.

According to Celebrity Net Worth, Jay-Z is worth $1 billion. Meanwhile, Beyoncé is worth $500 million.

RELATED: Beyoncé’s ‘Dreamgirls’ Salary Was Less Than You’d Expect

When was Beyoncé and Jay-Z’s wedding?

Though most of the world knew about the rapper and singer’s relationship, the duo never confirmed their relationship to the public and even got married in secret. The pair eventually confirmed that they tied the knot on April 4, 2008.

Much is still unknown about the Carters’ special day, but we know that Beyoncé’s mother, Tina-Knowles Lawson, designed her wedding dress. The pair were wed in the “Hard Knock Life” rapper’s New York City penthouse.

Though it was an intimate affair, the couple spared no expense. $8 million was reportedly spent on the wedding flowers alone. Jay-Z purchased 70,000 white dendrobium orchids that he had flown in from Thailand because they are the Lemonade singer’s favorite flowers.

RELATED: Beyoncé’s Spending Habits on Fitness Are Much Cheaper Than You’d Expect

How much did Jay-Z spend on Beyoncé’s engagement ring?

In addition to the wedding flowers, Jay-Z spared no expense on Beyoncé’s engagement ring. He proposed to the Black is King artist in Paris, one of her favorite places on earth.

The rapper enlisted jeweler Lorraine Schwartz to custom design the singer’s engagement ring. It is a massive 24-carat emerald-cut ring with a platinum split shank. The flawless diamond is reportedly worth $5 million.

Since the sparkler is so massive, Beyoncé doesn’t often wear her ring. It has been rumored that she sometimes wears a cheaper replica while the real ring sits safely in a safe. Both she and Jay-Z have matching “IV” tattoos on their ring fingers that also commemorate their bond.