Bethenny Frankel has a million reasons to celebrate.
On Tuesday, Page Six confirmed Frankel’s engagement to boyfriend Paul Bernon, days after the former star of “The Real Housewives of New York,” 50, hit the beach wearing a massive diamond ring that’s estimated to cost seven figures.
![Bethenny Frankel steps out wearing a massive diamond ring that is estimated to be valued at $1 million.](https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-4.jpg?quality=90&strip=all&w=300 300w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-4.jpg?quality=90&strip=all&w=640 640w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-4.jpg?quality=90&strip=all&w=1280 1280w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-4.jpg?quality=90&strip=all&w=716 716w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-4.jpg?quality=90&strip=all&w=1432 1432w)
“It looks like she wore a three-stone ring that features a huge 8- to 10-carat emerald-shaped center stone set with two smaller emerald accent diamonds we estimate to be around 3 carats total,” Apeksha Kothari, chief operating officer at RareCarat.com, told Page Six Style on Tuesday.
“If it’s a real, natural diamond, I’d estimate its retail value at up to $1 million for a natural emerald-shaped diamond ring of that size,” Kothari added. “And if not … probably under $5,000 as a good fake.”
![Frankel's stunning rock features a massive emerald-cut center stone and two side stones.](https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-2.jpg?quality=90&strip=all&w=300 300w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-2.jpg?quality=90&strip=all&w=640 640w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-2.jpg?quality=90&strip=all&w=1280 1280w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-2.jpg?quality=90&strip=all&w=1024 1024w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-2.jpg?quality=90&strip=all&w=2000 2000w)
Shannon Delany-Ron, CMO of JamesAllen.com, also believes Frankel’s ring boasts a hefty price tag.
“Bethenny is rocking a gorgeous platinum elongated emerald-cut diamond with trapezoid side stones. This three-stone sparkler looks to be about 9 to 10 carats and ranging in price between $500,000 to $750,000,” Delany-Ron said.
![Frankel was first seen wearing the giant ring over the weekend.](https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-1.jpg?quality=90&strip=all&w=300 300w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-1.jpg?quality=90&strip=all&w=640 640w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-1.jpg?quality=90&strip=all&w=1280 1280w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-1.jpg?quality=90&strip=all&w=716 716w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-1.jpg?quality=90&strip=all&w=1432 1432w)
Kathryn Money, Brilliant Earth‘s SVP of merchandising and retail expansion, estimates that Frankel’s center stone is in the “8- to 10-carat” range.
“Bethenny’s beautiful ring appears to feature an 8- to 10-carat emerald-cut center diamond flanked by two trapezoid side stones and set on a white gold or platinum band,” Money said.
“Depending on the quality and specific characteristics of the center stone, we estimate the cost of the ring between approximately $750,000 to $1,000,000+,” she added.
![Page Six confirmed Frankel's engagement to boyfriend Paul Bernon on Tuesday.](https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-3.jpg?quality=90&strip=all&w=300 300w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-3.jpg?quality=90&strip=all&w=640 640w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-3.jpg?quality=90&strip=all&w=1280 1280w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-3.jpg?quality=90&strip=all&w=1024 1024w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-3.jpg?quality=90&strip=all&w=2000 2000w)
Mike Fried, CEO of The Diamond Pro, also noted that Frankel’s ring could be in the million-dollar ballpark.
“Bethenny Frankel’s engagement ring looks to be a three-stone ring with a 15-carat-plus emerald-cut center with trapezoid side stones,” Fried said.
“The value should definitely top 1 million,” he continued. “With its stunning size and exquisite style, Bethenny’s ring is a nod to her relationship with Paul Bernon and their future together.”
![Frankel has also finalized her divorce from ex Jason Hoppy.](https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-5.jpg?quality=90&strip=all&w=300 300w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-5.jpg?quality=90&strip=all&w=640 640w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-5.jpg?quality=90&strip=all&w=1280 1280w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-5.jpg?quality=90&strip=all&w=694 694w, https://pagesix.com/wp-content/uploads/sites/3/2021/03/32321-bethenny-frankel-5.jpg?quality=90&strip=all&w=1388 1388w)
Frankel started dating Bernon in 2018. Although the couple split two years later, Frankel and Bernon, 43, sparked reconciliation rumors in January. A month later, the Skinnygirl mogul confirmed they were back together.
“Behind every woman… (you fill in the blanks here.) Happy Valentine’s Day xoxo #Loveyourself,” Frankel captioned an Instagram post featuring Bernon.
News of Frankel’s engagement comes shortly after Page Six confirmed that she and ex Jason Hoppy had finalized their divorce. The pair initially wed in 2010 but called it quits in December 2012. Frankel filed for divorce a month later.
Frankel, who has a reported net worth of $70 million, shares one child with Hoppy, 10-year-old daughter Bryn.
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