Billy Ray Cyrus appears to go to great lengths for his lady love, Firerose. The couple ignited engagement rumors in September after Firerose shared a series of images wearing the diamond sparkler. It has now been revealed that Firerose’s alleged engagement ring from Billy Ray Cyrus might be worth $220,000.
The “Achy Breaky Heart” singer and his girlfriend appeared to confirm their engagement by donning an eye-catching piece of bling. According to experts, the ring might be worth a lot of money. “It’s impossible not to notice the sparkler on Firerose’s left hand. The dazzling ring looks to be a 5-carat round diamond – round diamonds are the most popular diamond shape, making up approximately 75 percent of all diamonds sold and about 60 percent of all engagement rings,” Zack Stone, an engagement ring expert at retailer Steven Stone, told Page Six.
The diamond in Firerose’s ring appears to be low color – low color diamonds have a yellow tint that’s visible to the naked eye in normal lighting. The more colorless a diamond is, generally the more radiant, valuable, and rare it is as well.
“With this in mind, I’d estimate Firerose’s ring to be worth $150,000. If the diamond was in fact high color, the ring’s value would increase by around $70,000,” Stone continued, bringing the potential total of the ring to $220,000. In a series of Instagram photos, the country singer cuddled up to Firerose while she flashed a large diamond ring, suggesting the pair’s engagement. The couple captioned the post “Happy Autumn,” but did not provide any clarification on what the ring symbolizes.
While it’s unknown how long the couple has been dating, they did collaborate on a song called “New Day” last year. Many fans were surprised by the probable engagement, given that Cyrus’s wife, Tish Cyrus, only filed for divorce from the country singer six months ago. To get the latest updates, keep an eye on Thirsty.
What do you think of the engagement ring? Let us know in the comments!