Jennifer Lopez’s Ring Is About 5 Karats & $1.1 Million

The New York Daily News reports the big ring Jennifer Lopez has been wearing isn’t the 25-karat pink diamond from Harry Winston that she wore to the Oscars in March, as Us Weekly reported. Instead, it is about a 5 karat pink stone from Winston that rumored fiance Ben Affleck bought, shelling out more than $1.1 million.