Miley Cyrus's Engagement Ring: A $450,000 Stunner Designed by Jacquie Aiche
Miley Cyrus's $450K Engagement Ring from Maxx Morando

Grammy-winning singer and actress Miley Cyrus has officially entered a new chapter, moving from buying her own flowers to wearing a magnificent engagement ring gifted by her long-term boyfriend, musician Maxx Morando. The couple, who have been dating since late 2021, made their red carpet debut as an engaged pair at the Avatar: Fire and Ash world premiere in Los Angeles on Monday, December 1.

Red Carpet Revelation and Ring Details

While the couple has not made a formal public announcement, a source confirmed their engagement to PEOPLE magazine on December 2. The confirmation came after Cyrus was photographed at the premiere event wearing a distinctive, chunky gold ring. During their appearance, the 33-year-old star, dressed in a black strapless Gucci gown, posed affectionately with her 27-year-old fiancé, her hand resting on his chest, letting the new bling speak for itself.

The ring was quickly identified as a custom creation by renowned jewellery designer Jacquie Aiche. Francesca Simons of Francesca Simons Consulting, representing Aiche, provided the specifics. The bespoke piece features a modified cushion-cut diamond set in an east-west direction on a substantial 14-karat yellow gold band. The design is noted for its modern, minimalist aesthetic, a trending style in contemporary bridal jewellery.

Expert Appraisals: A Wide Range of Estimates

The unique ring instantly sparked curiosity about its worth, with top jewellery experts offering a spectrum of valuations based on the visible characteristics.

Daniela Tarantino, Vice President of Merchandising at Blue Nile, provided the highest estimate. She believes the 4 to 5 carat diamond ring could be valued between $300,000 and $450,000. She highlighted the chic, modern trend of the east-west bezel setting.

However, other appraisals were more conservative. Reyne Hirsch, a brand ambassador for Worthy and a former Antiques Roadshow appraiser, placed the retail value in the range of $150,000 to $250,000.

The most significant variable, as pointed out by Kristy Cullinane of Plum Diamonds, is the diamond's origin. The value fluctuates dramatically depending on whether the stone is mined or lab-grown. Cullinane estimated that a lab-grown diamond of 4-5 carats could cost around $15,000, while a mined diamond of similar size and quality could exceed $200,000.

A Relationship Built on Fun

Miley Cyrus and Maxx Morando, the drummer for the band Liily, began their romance at the end of 2021. Cyrus later revealed to British Vogue that their relationship started with a blind date, quipping, "Well, it was blind for me and not really for him." Despite their six-year age gap, the couple has found a harmonious balance. In an interview with Harper’s Bazaar in November 2024, Cyrus attributed their successful dynamic to the fact that they "just don’t take life too seriously." Their relaxed and joyful chemistry was evident for all to see on their red carpet engagement debut.