All About Lauren Sánchez's 30-Carat Engagement Ring From Jeff Bezos (Including Its Massive Price Tag)

Jeff Bezos proposed to Lauren Sánchez in 2023 with a pink cushion-cut engagement ring

Lauren Sánchez’s engagement ring from billionaire Jeff Bezos is some serious bling.

The former TV anchor and Amazon founder confirmed their romance in January 2019. After over four years of dating, Bezos popped the question to Sánchez in May 2023 while the pair were on vacation in the South of France. Sánchez’s engagement ring features a large cushion-cut diamond set on a platinum band.

After news broke of the proposal, a source told PEOPLE that Sánchez was “on cloud nine” about being engaged to Bezos. “No one has ever seen her happier,” the source said. “She is elated to be engaged to Jeff. He is her prince.”

Speaking with Vogue in November 2023, Sánchez shared that while the pair’s wedding plans were still undecided, she “one hundred percent” intends to take Bezos’ last name. As for becoming the wife of a billionaire, the media personality said that she is prepared for the responsibility.

“I think there are a lot of opportunities that come with that, and I take those opportunities very seriously,” she said. “We always look at each other and go, ‘We’re the team.’ So everything’s shared.”

From the design to the proposal, here’s everything to know about Lauren Sánchez’s engagement ring.

Sánchez’s cushion-cut diamond ring is 30 carats

Sánchez’s engagement ring is anything but ordinary. The massive sparkler features a cushion-cut diamond — estimated to be about 30 carats — set on a four-prong platinum mounting. While the rock initially appeared to be a classic white diamond, Sánchez confirmed to Vogue in November 2023 that her ring actually includes a more unique pink diamond.

The ring is estimated to cost between $3 and $5 million

With such a large center stone, it’s no surprise that Sánchez’s engagement ring has a high price tag. Jeweler and expert Briony Raymond told PEOPLE that due to the sparkler’s high color grade and clarity, it is estimated “to be anywhere from $3 million to upwards of $5 million depending on the exact specifications of the diamond."

Bezos proposed to Sánchez in France

Bezos proposed to Sánchez in May 2023. The pair were on vacation together in the South of France when the billionaire popped the question. Sánchez was photographed rocking her new accessory as she spent time with her new fiancé on his $500 million yacht named Koru.

Speaking with Vogue in November 2023, Sánchez said she and Bezos had enjoyed a starlit dinner before the proposal. At bedtime, she discovered the former CEO of Amazon had hidden an engagement ring underneath her pillow.

“When he opened the box, I think I blacked out a bit,” Sánchez told the outlet.

As for wedding planning, Sánchez told Vogue that the pair were still enjoying their engagement and had yet to make any decisions.

“We’re still thinking about the wedding, what it’s going to be,” she said. “Is it going to be big? Is it going to be overseas? We don’t know yet. We’ve only been engaged five months!”

However, the former TV anchor did have some ideas about her wedding dress, naming designers like Christian Dior and Valentino as some of her favorites.

Sánchez and Bezos had two engagement parties

Sánchez and Bezos celebrated their impending nuptials with two celebrations. Two months after the businessman got down on one knee, the couple hosted an engagement party on Bezos’ yacht on the Amalfi Coast in Italy. The star-studded guest list included Bill Gates, Paula Hurd, Kris Jenner, STAUD founder Sarah Staudinger and Bumble CEO Whitney Wolfe Herd.

In November 2023, the pair had another lavish soirée to celebrate their engagement in Los Angeles. Bezos and Sánchez’s bash included a performance by Jewel and a touching speech by the groom-to-be. According to Vogue, guests included Oprah Winfrey, Salma Hayek Pinault, Barbra Streisand, Miranda Kerr, Suki Waterhouse, Robert Pattison and more.

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