Miley Cyrus’ recent engagement news has taken the world by storm, with experts estimating her ring to be worth up to a staggering $450,000. The singer, aged 33, flaunted the stunning sparkler at the Avatar: Fire and Ash world premiere in Los Angeles, where she graced the event alongside Maxx Morando. Confirming the speculations swirling around the couple, a source disclosed to PEOPLE on December 2 that they are indeed engaged. Cyrus looked glamorous in a black strapless Gucci gown that was perfectly accentuated by her chunky gold ring, prominently displayed as she posed affectionately with 27-year-old Morando on the red carpet.
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Francesca Simons of Francesca Simons Consulting, representing jewellery designer Jacquie Aiche, verified that Aiche crafted the “bespoke” ring. The ring boasts a cushion-cut stone mounted on a thick 14-karat yellow gold band. Daniela Tarantino, the VP of merchandising at Blue Nile, approximates the value of the ring to range between $300,000 to $450,000. Tarantino noted that the ring’s design aligns with the current trend in the bridal industry, describing it as a modern and chic east-west bezel set ring. Reyne Hirsch, the brand ambassador for Worthy and a former Antiques Roadshow appraiser, suggests a retail value for the ring spanning from $150,000 to $250,000, based on the stone’s characteristics.
Kristy Cullinane, a diamond jewellery expert and co-founder of Plum Diamonds, shed light on the potential price discrepancies between mined and lab-grown diamonds. Depending on the origin of the diamond, which appears to be around 4 to 5 carats, the ring’s estimated value could clock in at over $200,000 for a mined diamond, significantly dropping to $15,000 for a lab-grown one. Initially spotted wearing the ring in mid-November, Cyrus and Morando first sparked dating rumours in December 2021, following intimate backstage moments captured during Cyrus’ NBC holiday special, Miley’s New Year’s Eve Party, in Miami. Their romance was laid bare to the public in April 2022, as they were photographed passionately engaged in West Hollywood.

In a revealing cover story interview for British Vogue in June 2023, Cyrus recounted the beginnings of her relationship with Morando, attributing it to a blind date setup. She elaborated that her approach to the rendezvous was truly blind, unlike Morando’s, who seemingly had prior information. Despite the significant six-year age discrepancy between them, Cyrus emphasised that their dynamic thrived on a shared sense of not taking life too seriously. Delving deeper into their relationship dynamics in a November 2024 interview with Harper’s Bazaar, Cyrus expounded on Morando’s unique perspective on life, hinged on a more unconventional upbringing than hers.
The couple, who reportedly took a significant step in their relationship by moving in together according to a source in March 2024, exude happiness and contentment in their union. Friends and insiders have noted positive changes in Cyrus, alluding to her newfound serenity and harmony alongside Morando. The private drummer, who shies away from the limelight, has evidently brought a stabilising influence into Cyrus’ life. With their engagement becoming the talk of the town, fans eagerly anticipate more updates on the couple’s journey towards marital bliss. Stay tuned for more exclusive updates on Miley Cyrus’ engagement and upcoming wedding plans.

(JSONObject{“source”: “PEOPLE”, “date”: “December 2, 2025”, “author”: “Catherine Santino”, “word_count”: 675})
