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Wednesday, 16 October 2013

Kris Humphries scores $749,000 from auction sale of Kim Kardashian's $2 million engagement ring at Christie's

Kris Humphries popped the question to Kim Kardashian while cameras rolled for ‘Keeping Up with the Kardashians.’

Kris Humphries popped the question to Kim Kardashian while cameras rolled for ‘Keeping Up with the Kardashians.’

Kim Kardashian's hoopster ex-hubby just scored a basket of cash by selling the diamond engagement ring he gave the reality TV star.
The massive sparkler sold for $749,000 at auction Tuesday in New York, a Christie’s rep told the Daily News. That’s about $10,400 for each of the 72 days Kardashian and Kris Humphries were married.
The Lorraine Schwartz ring features a 16.2-karat emerald cut center stone with 1.8-karat side diamonds.
“Kris is not losing money on the ring,” lawyer Lee Hutton said, referring to reports the ring had been worth $2 million.

Read moreIt was something that was a part of the divorce, the dissolution agreement,” Hutton told The News. “Kris is pleased with the outcome of the sale and the fact he can give a portion of the proceeds to a deserving charity. He’s in the process of selecting the charity now."
The former Net also is making other life changes, most notably signing on with the Boston Celtics.
“I’m not sure if the ring or its sale helps with the process of moving on. I think he moved on long before the ring was even put into the auction, Hutton said. "Kris, being an athlete, is getting ready for an upcoming season and ready for life’s lessons as they come along. This whole process was humbling but maturing."

Humphries, 28, presented Kardashian with the ring on bended knee with "Will You Marry Me?" spelled out in rose petals during a May 2011 scene captured for the brunette bombshell's TV show.
The couple Humphries married in August 2011 during a lavish affair turned into a TV special, but the union lasted less than three months
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