Report coming from NewstalkZB reveals that Kim Kardashian's ex-husband, Kris Humphries made a $370,000 profit from her engagement ring, by selling the ring at $620,000 as against the cost price of $250,000.
Meanwhile, the jewellery designer Lorraine Schwartz is furious over the sale. She said the ring which features a 16.21-carat centre diamond between two 1.8-carat diamonds, is actually worth $2 million. She further explained that she gave Kris a huge discount when she sold to him at $250,000 in 2011. According to her, she did that because Kim Kardashian is her friend. Lorraine was hoping the basketball star would return the ring to her for a refund.
However, the report also has it that Kim doesn't care that Kris has profited from the sale of her ring. She said, "Kris can have the ring back because Kanye (her boy friend) is going to give me a flawless diamond engagement ring that makes my previous ring look like Cracker Jack prize!"
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