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Kim Kardashian's $2m engagement ring

Los Angeles - Kim Kardashian's engagement ring reportedly cost $2m.

The 30-year-old beauty announced her engagement to basketball star Kris Humphries on Wednesday and it has now been revealed the 20.5 carat Lorraine Schwartz diamond ring set Kris back a huge sum of money.

According to gossip website TMZ, the ring is worth almost half as much as Kim's Beverly Hills mansion and is valued at $2m.

A source added: "The ring is of the highest clarity and colour".

The stunning piece of jewellery has impressed everyone, including Kim's younger sister, Khloe, who joked it made her engagement ring from husband Lamar Odom look tiny.

She tweeted: "OMG I die for you! Kims ring gave birth to my ring! LOL but my ring is perfection! Its from my Lammy. (sic)"

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