Avril Lavigne’s Ring Worth $350,000

They say that an engagement ring should cost the equivalent of 3 months of your salary. For most people, that ends up being a few thousand, however for celebrities, its a huge chunk of cash. While we can’t confirm that Chad Kroeger used the 3 month rule when picking out an engagement ring for Avril Lavigne, we can confirm that he spent a fortune.

According to Jewellery Experts, the 14 carat diamond ring on Avril’s finger is worth approximately $350,000. The ring features a pear shaped diamond surrounded by platinum (which ironically is no longer worth as much as gold). The centre diamond is approximately 10 carats, while the outer diamonds total approximately 4 carats.

The ring was debuted in public on the cover of Hello Canada’s September magazine, where Kroeger goes public with the story of how their professional music relationship turned romanic. The issue explores the lengthy studio sessions where the two ended up falling in love, ultimately leading to the proposal.

The wedding date has yet to be set, but I’m sure that we’ll be in for a glitzy celeb wedding when the day arrives.