Bling Bling

I was at a complete loss of what to write about, & almost considered writing about how I discovered that “cream cheese” is just regular cheese – like American, Provolone, or Brie (probably most similar to Brie). I know this should have been obvious given the word cheese in it’s name, but I didn’t really realize it until yesterday – so there’s that.
And then, I remembered that Kim Kardashian, of reality TV (& sex-tape) fame got engaged to her boyfriend of 6 months, Kris Humphries (of basketball – NJ Nets – Fame).
Well – she got engaged a few days ago (May 18, I believe), but obviously didn’t come clean about it until this week’s People magazine came out. Girl has a brand to protect, & there’s nothing like scoring an easy million for letting a tabloid break an “exclusive” story about your very, very personal life.
So here’s what I know (& I won’t even touch the fact that they’ve been dating for only 6 months):
  • The ring is 20.5 carats – about 18 carats of the main diamond, with trapazoid cut diamonds on the side making up the remainder.
  • The ring cost about $2.5 Million
  • Kris Humphries has a net worth of about $8 Million
  • Kim made over $40 Million last year alone
Now, while $8 Million is certainly a lot of money, it isn’t exactly a smart idea to be spending $2.5 Million of it on a ring (to a girl he’s been dating for 6 months, no less). That is what we call “living beyond your means”. 
While Kim has made it seem like she was completely shocked by the proposal, I don’t buy it. And here’s why – to afford the ring (reasonably, without wiping out 1/4 of his net worth) Kris would have either had to have:
  • A – Had Kim, who makes an ass-load more than him, pay for it up front
  • B – Financed it, with the jeweler agreeing to let him pay it back in installments because he will be marrying Kim (in which case, that brings us back to her ultimately paying for it) 
  • C – Kris signed a pretty decent deal with E! (the network that airs all the Kardashian shows) to appear on the shows, and most likely tape a wedding special & probably a spin-off (a la Khloe & Lamar)
As you can see, in 2 of those scenarios, Kim ends up paying for the ring, and in the final one – Kim most likely knew about it all along because it ends up being a piece of the puzzle in her “brand”.
Anyway. Congrats to the happy couple. Hopefully Kim doesn’t get any finger pain from wearing that insanely large rock. 
Tell me what YOU think about Kim’s massive rock…

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