The actor said Miley can keep her $250,000 engagement ring as a symbol of their relationship. Liam designed the ring himself, after going “back and forth” with designer Neil Lane. He eventually settled on a 3.5-carat cushion cut diamond in a vintage-inspired gold setting with smaller diamonds.
“He wanted something really romantic and beautiful,” Lane said after the pair announced their engagement in May 2012. “It’s really romantic, so she’ll always remember the day he gave it to her.” An appraiser estimated the ring is valued at $250,000.
Miley, 20, was last spotted wearing the ring when she appeared with Liam at the August 8 premiere of his new movie, “Paranoia.” The two haven’t been spotted together since. They confirmed their split on Monday. Not a good day for Miley. Monday was also the day that Liam was spotted leaving a Los Angeles house with Mexican singer named Eliza Gonzalez (below).
He’s moving on up!