The Price of Paris Hiltons Engagement Ring and What You Could Buy

When Miss Hilton got engaged to fiancé Paris Lastis in 2005, he gave her a 24 carat diamond ring bigger than her head, well almost. It cost almost $5 million dollars, but not even a freakishly sized ring could seal the deal, as they broke up a while later and auctioned the rock off to charity. What a waste (not for charity though)! Here’s what you could buy if you tossed the ring and took the cash instead.

1. An island…no really

An island real estate site online lists a few spots that could be yours for less than the price of Paris Hilton’s engagement ring. One of them is called Little Hog Cay and it’s in the Bahamas. Virtually undeveloped, this island paradise has its own giant lagoon, a beachfront home, cabana and two long stretches of white beach set against a lush backdrop – all for under two million dollars.

2. 20 Ferrari California’s

It’s got ‘High Emotions, Low Emissions’, which means it’s kind to the environment and is a pleasure to drive – which is more than Paris Hilton can offer – plus at about $192,000 you can get around 20!

3. 730 nights in the Hilton Waldorf Astoria

Two years stay in the luxurious Hilton owned hotel in the Heart of New York, where a grand suite offers privatised check-in, a marble entry, a dedicated concierge, triple sheeting bedding, internet, flat screens, a marble bath, a boudoir dressing room, maids twice a day and more for around $7000 a night.

4. Your own shopping Mall in California

For just under $5 million you could own your very own retail mall just off of a busy Californian interstate highway, where you could rent space out to all your dream tenants and build your very own shopping Mecca.

5. 70 of the biggest HD TV’s ever

Panasonic’s full HD 3D plasma screens are probably the biggest commercially available in the world at 152 inches. One will set you back about $70 000 dollars, but if you pawned Paris’ ring, you could get 70 of them!

6. 5000 Chihuahua puppies

Rounding it off to an average high cost of $1000 per puppy, from a reputable breeder of course, you could buy Paris Hilton’s favourite pooch 5000 times over, with enough cash for some bling and a lame little handbag to carry it around in.