How Much Is Zendaya’s ‘Engagement Ring’ Worth?

Rumor has it that the actress and Tom Holland are ready to take the next step in their relationship

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Zendaya was the talk of the Golden Globes once again, but this time it wasn’t just for her talent or her incredible look. It was the stunning ring on her hand that had everyone buzzing. Since she showed off the ring on the red carpet, people have been speculating non-stop. Is it a gift from her boyfriend, Tom Holland? Could it even be an engagement ring? So, what’s the story behind this gorgeous piece of jewelry?

It seems likely that the ring is from British jeweler Jessica McCormack, known for her exclusive designs and luxurious diamonds. Neil Dutta, Managing Director at engagement ring specialists Angelic Diamonds, wrote in a statement to Cosmopolitan, “The ring appears to feature a substantial cushion-cut diamond, likely around 5 carats, set in an east-west orientation. This modern twist on a classic cut is very on-trend for 2025.”

“The east-west setting is particularly clever, as it makes the stone appear larger and more unique than a traditional north-south orientation. It also allows more light to enter the stone, enhancing its overall brilliance and sparkle,” he continued.“The setting looks to be inspired by Georgian-era designs, combining 18k white and yellow gold for a subtle two-tone effect, which adds a touch of vintage elegance to the modern cut.”

While McCormack hasn’t confirmed if this is the exact ring Zendaya wore, estimates suggest its price is somewhere between $120,000 and $500,000. On the other hand, engagement ring expert Zack Stone from U.K. jeweler Steven Stone estimates the piece to be worth $300,000, though it could potentially be valued even higher.

Are Zendaya and Tom Holland Engaged?

That’s the question everyone’s buzzing about. During the night, Zendaya was asked about the meaning behind her ring, but instead of giving a straight answer, she just smiled mysteriously and shrugged—a response that only added more fuel to the rumors.

The couple, who made their relationship public in 2021, hasn’t announced an engagement, but fans are keeping a close eye on every detail. Zendaya, as an ambassador for Bulgari, often wears beautiful pieces from the brand. However, the now-famous ring wasn’t mentioned in Bulgari’s posts about her Golden Globes look, which has only added to the mystery.