Justin Bieber Reportedly Spent Half A Million Dollars On Hailey Baldwin’s Engagement Ring

A mere six days ago, 24-year-old Justin Bieber embarked on what will no doubt be a very expensive future divorce when he executed God’s divine plan and proposed to 21-year-old Hailey Baldwin after about a month of dating again. Apparently Justin’s baddecision-making skills worked overtime throughout this whole process, because TMZ says the ring he proposed with cost almost half a million dollars.
As a reminder, this is the ring we’re talking about.
GIMME THAT RING. Thanx☺️? @haileybaldwin pic.twitter.com/7OqVfznuh6
— Jay? (@JBieberwink) July 8, 2018
To me, Hailey’s engagement ring looks like a partially-complete set of Treasure Rocks that Justin bought at a yard sale for $2.99. But it cost a lot more than that.
Jack Solow of Solow & Co. jewelers tells TMZ that he met Justin through Justin’s manager Scooter Braun, who happens to be a close family friend. A few weeks ago, Justin reached out to Jack about rings, and decided on a large oval diamond, sized between 6 and 10 carats. Justin got the ring right before he and Hailey left for the Bahamas, where he eventually popped the question.
Jack Solow wouldn’t say how much the ring cost. There’s an old saying that an engagement ring should cost two months salary, but that’s sort of hard to calculate considering Justin doesn’t technically work right now. Sources squealed to TMZ that it was around $500,000. I’m sure it didn’t take long for Hailey’s dad Stephen Baldwin to give his blessing when Justin asked for his daughter’s hand in marriage. “Holy crap, half a million for the ring? That’s like twice as much as my last ten films made! Welcome to the family, son!”
Pic: Wenn.com