22 jaw-dropping celebrity engagement rings
by Stephanie

Iggy Azalea just joined the ranks of engaged celebrities sporting serious bling when (now-fiancé) Nick Young proposed earlier this week with a $500,000 yellow diamond ring. Yes, you read that right — her sparkling stunner is a half million dollars. Catch a video of the proposal here!

We decided that with Iggy's jaw-dropping bling, it was high time to take a look back on some of our favorite celebrity engagement rings. From multi-carat icebergs to colored gemstones and tasteful silhouettes, these celeb engagement rings really run the gamut in terms of style, but every single one is simply swoon-worthy. We know who's sporting our favorite sparkly rings... but which ones will you love?

Nicki Reed's flower-shaped diamond ring

Ashlee Simpson's custom-designed vintage ruby ring

Elizabeth Hurley's sapphire stunner

Katherine McPhee's classic round diamond engagment ring

Penelope Cruz's vintage-inspired sapphire ring

Halle Berry's unique emerald engagement ring

Carrie Underwood's yellow diamond

Photo by  Glamour

Photo by Glamour

Blake Lively's much-loved oval diamond & rose gold ring

Photo by  Harpers Bazaar

Heidi Klum's GIANT yellow diamond

Princess Kate's classic sapphire heirloom ring

A personal favorite: Olivia Wilde's diamond and emerald stunner

Scarlett Johansson's vintage art-deco engagement ring

Christina Aguilera's vintage diamond beauty

Is Nicki engaged? This giant yellow diamond ring seems to say yes...

A classic cushion-cut diamond is always a good idea

Jaime Lynn Spears' diamond is SO sparkly

Ashley Tisdale's double halo ring is ginormous

Love Kelly Osbourne's simple and elegant round diamond ring

Lauren Conrad's classic solitaire is timeless

Kim K's GIANT diamond ring is giant in North West's hand!

Lady Gaga's heart shaped diamond is certainly one-of-a-kind!

Well, I'm pretty much obsessed with Olivia Wilde and Blake Lively's engagement rings... but really, who isn't?! Don't forget to Pin your favorite engagement ring, and big congrats to Iggy Azalea and Nick Young!