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What's the cost of Tiffany Trump's engagement ring? 27-year-old flaunts massive diamond on dad's last day in office

Michael and Tiffany have been together for the last two-and-a-half years and even attended several White House events together
UPDATED JAN 20, 2021
Tiffany Trump and Michael Boulos attend the Taoray Wang front row during New York Fashion Week on February 9, 2019 (Getty Images)
Tiffany Trump and Michael Boulos attend the Taoray Wang front row during New York Fashion Week on February 9, 2019 (Getty Images)

If there is anyone in the Trump family who is ready to take on the post-presidential life, it is Tiffany Trump. On her father's final full day of being POTUS, Tiffany took to social media to share some good news. Trump's youngest daughter is engaged to be married to her boyfriend-turned-fiance Michael Boulos. In a photograph she shared on the social networking site, Tiffany wrote, "It has been an honor to celebrate many milestones, historic occasions and create memories with my family here at the White House, none more special than my engagement to my amazing fiance Michael!" In the post, the 27-year-old is posing with her 23-year-old fiance on the West Wing colonnade at the White House. 


In another post that Boulos shared on the site, the 23-year-old business executive wrote, "Feeling blessed and excited for the next chapter! Got engaged to the love of my life! Looking forward to our next chapter together."


Inside the engagement 

The billionaire fiance proposed to Tiffany with a 13-carat emerald-cut diamond from Dubai. The price of this ring is believed to be worth up to a staggering $1.2 million. New York-based jeweler and diamond dealer Samer Halimeh, who reportedly works "for the one percent of the one percent", designed the ring. 

A spokesperson for Samer Halimeh, New York, revealed that the knockout ring features a massive emerald-cut center stone flanked with two trapeze cut diamonds. According to a report in DailyMail, the jeweler is keeping the price of the ring tightly under wraps but an independent expert estimated that it is worth more than $1 million. Denis Stepansky, founder and owner of online luxury retailer ItsHot Diamond Jewelry and Watches, told that a ring similar to Tiffany's would cost $1 to $1.2 million. It is reported that Boulos flew to Dubai with Halimeh to choose the ring, which he selected and purchased in the city. This means he also paid a huge amount of tax when bringing the ring back to propose to Tiffany.

Tiffany is Trump's daughter with his second wife Marla Maples. If you follow the Trump family closely, you might recognize Boulos from his appearances on Tiffany's social media accounts. The two have been together for the last two-and-a-half years and even attended several White House events together. Further details about the marriage such as the wedding date aren't revealed as of yet. 

The Georgetown law school graduate has maintained a low profile and was recently seen at last summer’s Republican National Convention where she gave a speech ahead of the 2020 election.

Who is Michael Boulos?

Vanity Fair had once described Tiffany's fiance as her "billionaire heir boyfriend". 

The wealthy scion from Nigeria grew up in Lagos and comes from a multibillion-dollar conglomerate that trades in vehicles, equipment, retail and construction founding Boulos Enterprises and the publicly traded conglomerate SCOA Nigeria. He reportedly went to an elite international boarding school in Nigeria. 

Tiffany Trump (R), youngest daughter of U.S. President Donald Trump, and her boyfriend Michael Boulos greet guests during the National Thanksgiving Turkey pardoning event in the Rose Garden of the White House November 26, 2019 in Washington, DC. The turkey pardon was made official in 1989 under former President George H.W. Bush, who was continuing an informal tradition started by President Harry Truman in 1947. Following the presidential pardon, the 47-pound turkey which was raised by farmer Wellie Jackson of Clinton, North Carolina, will reside at his new home, 'Gobbler's Rest,' at Virginia Tech. (Getty Images)

She met the London-based Boulos during her vacation to Greece. In 2018, when she took him home for Thanksgiving at President Trump's Mar-a-Lago club in Florida, a source revealed to the paper that "Tiffany is happy she has so far been able to keep things with Michael under the radar. But she introduced him to her family at Thanksgiving, and he comes across as a very intelligent young man from a great family. There was no mention of the president's unfortunate comment about African nations."

Barely a week ago, we reported that Tiffany had been hunting for a condo in Miami. As many members of the Trump family moved to Florida, Tiffany might also have plans of settling with Boulos there. A source reportedly said, "Tiffany has been viewing properties in South Beach, with Michael, but she is planning to buy herself." 

There is also the matter of her career in question. Apparently, she had plans to become more involved with the Trump presidency had that worked out. "She hasn’t decided on her next career move. She truly thought her father would win a second term and she’d continue as part of the First Family. She became more involved with the family and politics during his last campaign," the source revealed further.