Not everyone adheres to the school of thought that bigger is better when it comes to diamond rings, but that certainly seems to be the mantra for Russian model Ksenia Tsaritsina and her husband, oligarch Aleksey Shapovalov. According to Insider, the duo recently celebrated their fifth anniversary with an extravagant gift: a 70-carat diamond ring worth approximately $13.4 million (no, that's not a typo).
The anniversary gift certainly raised the bar—Tsaritsina's original engagement ring was a heart-shaped 30-carat diamond ring, roughly half the size of the new sparkler. She took to Instagram to share a video of the new ring with her 255,000 followers. So what does a multimillion-dollar diamond ring actually look like? Take a look…
Ramzi's Asscher Cut Diamond Engagement Ring 18K Gold ($3300)
You may not have millions of dollars to spend on an engagement ring, so here's an elegant alternative to the same Asscher cut.