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Beyonce Knowles flaunted her engagement ring which costs $5 million last night on the red carpet at Fashion Rocks in New York City. It was the first time she showed this pricey ring in public.

The R&B singer even flashed the the 18-carat, flawless emerald-cut diamond ring while she was walking on the red carpet and during her performance of a tribute to Etta James.

Beyonce Knowles secretly married to her American rapper husband Jay-Z, who is the world’s richest hip hop artist, on April 4 this year. Although Jay-Z has once displayed his wedding ring on July 29, Beyonce just found the right time to show off hers.

According to the report from People magazine, Jeweller Lorraine Schwartz said that “the value of the 18-carat, emerald-cut diamond. Jay-Z, who was not present at the event, revealed his wedding ring in public for the first time on July 29, but usually opts to leave it at home. Knowles and her husband have yet to publicly confirm their marriage, although her kid sister Solange once referred to Jay-Z as her brother-in-law in an interview”.

The couple are considered very generous celebrities, Beyonce has founded her own charity while her husband always donates money to Play Pumps International. Although they have spent a lot of money on the charities and donation, Beyonce’s husband still has millions left over and affords to but her the bling.

You guys might be asking like Oh my gosh, how come he bought her such a costly ring? If you were Jay-Z, you’d spend that a large amount of money on a house or something more worth. The simple answer is that, the ring is totally worth buying as at least the pair are gaining more media attention, just like what Beyonce was trying to do at Fashion Rocks in NYC.powered by shantz-wp-prefix-suffix