This Is How Much Hailey Baldwin's Engagement Ring Is Worth

Justin Bieber proposed to good friend turned on-again/ off-again girlfriend Hailey Baldwin, and TMZ chatted with Jack Solow, the owner of Solow & Co. who reportedly sold JB the engagement ring, about how much it's worth.

TMZ reports that the singer opted for "a large, elongated oval-shaped diamond between six to 10 carats." While Solow wouldn't tell TMZ exactly how much Bieber spent on the ring, a source told the publication the number was close to $500K.

Source: Elite Daily; photo: Instagram