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Here's why Simone Biles' massive engagement ring costs more than $300k

Simone Biles, 24, got engaged to NFL star Jonathan Owens, 26, and the deal was sealed with a massive diamond engagement ring, costing more than $300k
UPDATED FEB 16, 2022
Simone Biles is engaged to NFL star Jonathan Owens (Instagram)
Simone Biles is engaged to NFL star Jonathan Owens (Instagram)

Simon Biles, the 24-year-old Olympic gold medalist, got engaged to her boyfriend and NFL star Jonathan Owens with a beautiful blazing 3-carat diamond ring on Valentine's Day. The engagement ring has a massive oval-cut diamond that is insanely beautiful and has already lured experts to ponder over the specialties of the ring. As soon as they got engaged, Simone posted a slideshow of their couple photos and the diamond ring, and it was just mind-blowing!

Simone, in one of the photographs, raised her palm in front of the camera and the ring was on full display. It was so big that it took up her entire finger. She posted the pictures on her Instagram handle and captioned it, “THE EASIEST YES. I can’t wait to spend forever & ever with you, you’re everything I dreamed of and more! let’s get married FIANCÉ @jowens_3” Meanwhile, Jonathan Owens commented on her post, “Ready for forever with you.”


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Some jewelry experts shared their viewpoints on the glazing diamond ring. Jeweler ZoFrost has revealed to that the rock is a three-carat, F color, VVS2 diamond that Owens, 26, handpicked himself. "Jonathan has been a client and friend for a few years and I had the pleasure of helping him to create this very special ring, he and I started the process together a few months ago to select the perfect diamond for Simone that was handpicked by Jonathan. He wanted to add a special touch to the ring by adding a halo around the oval diamond," he said.

Simone Biles and Jonathan Owens (Instagram)

While some jewelry experts are estimating the stone is seven, eight, or even nine carats, ZoFrost says it's actually three. Owens chose a stone that is an F color. Diamonds get color grades from D to J, with D being absolutely colorless and J having slightly detected color. F is a high-quality diamond that's considered colorless, with only slight color detected by an expert gemologist. 

Jonathan Owens and Simone Biles (Instagram)

Celebrity Jeweler George Khalife, better known as “George the Jeweler" spoke to HollywoodLife and shared details about Simone's ring, “Simone’s diamond is an oval cut stone which is very popular right now. An interesting fact about ovals is if you compare an oval and a round diamond of the same carat size the oval usually appears to be bigger than the round diamond. It’s a great alternative to the classic round diamond,” Khalife said.

According to Jenny Luker, president of Platinum Guild International USA, “The center oval cut diamond looks approximately 7-9 carats and is set in platinum, a naturally white metal, which makes the diamonds sparkle even brighter! There are also micro pavé diamonds around the thin platinum band. I would estimate this ring costs $325,000.” Indeed, Simone is a lucky gal! The love birds started dating in March 2020, and in no time the duo elevated it to the next level of friendship, love, and mutual understanding.