EXCLUSIVE Bank-breaking cost of Lauren Sanchez's SECOND diamond ring debuted during lavish wedding

Daily Mail​

a day ago

is famous for her pricey designer dresses and lavish jewelry, including her reported $2.5 million pink diamond engagement ring.
Now, Sánchez, 55, is showing off her own brand new bauble, courtesy of jeweler to the stars, Lorraine Schwartz, as she weds Amazon founder Jeff Bezos, 61, in custom Dolce & Gabbana.
Her original ring is about 20 carats and she showed it off after he popped the question aboard his $500 million superyacht.
The platinum band is studded with diamonds with an enormous rock on top, but her new oval-cut option just might be even more impressive.
During the award winning journalist's wedding week in Venice, Italy, Sánchez first showed off the ring when she stepped out in a Schiaparelli gown that she paired with the stunning Schwartz sparkler.
Schwartz has also designed for celebrities including Beyonce, Kim Kardashian and Isha Ambani, who had a star-studded wedding of her own in 2018.
Irina Aran, the founder of Facets Fine Jewelry, believes the ring is about 30-carats and could be worth between $1.5 million and $3 million.
'It's a standout for its size and brilliance,' Aran, based in New York, told DailyMail.com.
However, that estimate might be on the low end, according to Jason Arasheben, known as 'Jason of Beverly Hills' to his celebrity clientele.
Jason believes the ring is closer to 30 to 40 carats, which would mean it costs closer to $4 or $5 million.
Of course, the multi-million dollar ring wasn't the biggest expense of the weekend, which is said to cost $20 million.
The couple also splashed out on her custom Dolce & Gabbana gown, as well as the other designer outfits she wore throughout the weekend from Schiaparelli, Dior and more.
Her Schiaparelli look came from the 2025 couture collection and wasn't bespoke, but did come with a hefty price tag of $100,000.
Plus, the Amazon boss reportedly gifted his new bride a diamond necklace worth $3 to $5 million for their wedding weekend, according to Page Six. She also donned a sweet bracelet with her new initials, LB, paying tribute to her hubby.
They didn't just splash out on diamonds and clothing - the loved up couple also had to pay a pretty penny for tight security to keep their celebrity guests (including the Kardashians, Leonardo DiCaprio, Katy Perry, and Ivanka Trump) safe from protesters and paparazzi.
The lavish three-day event included a party held within the 15th-century Madonna dell'Orto church in Venice's quaint Cannaregio.
Venice City Hall issued a directive on Wednesday cordoning off the area, isolating guests from activists who had been protesting for weeks that the celebrations will turn the city of gondolas and palazzi into a private amusement park for the rich.
In preparation, security guards blocked off entrances to the star-studded event.