Taking another L?! Last month we learned that Kris Humphries was auctioning off the engagement ring he gave to Kim Kardashian. Well the auction took place on the ring valued at $2 million and I’m pretty sure he’s not happy about what he’s getting in return.
Report after the jump…
Via RadarOnline:
Kris Humphries auctioned off the engagement ring he gave to ex-wife Kim Kardashian and although it was valued at $2 million, the diamond bauble only raked in less than half of that, $749,000 on Tuesday.
Auctioned by Christie’s in New York, the 16.2-karat emerald cut stone surrounded by 1.8-karats of side diamonds ring by Lorraine Schwartz was listed by an anonymous “gentleman,” but a rep for Humphries confirmed to E! News that he was behind the sale.
(Story Continues…)
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UPDATE WITH PROFIT via RO:
Kris Humphries made a half-million dollar profit auctioning off the engagement ring he infamously gave Kim Kardashian in their ill-fated 72-day marriage, RadarOnline.com has learned.
While the ring was valued at a whopping $2 million, Humphries only paid $250,000 for it before he proposed to the E! reality star in 2011, a source has revealed.
That means the Brooklyn Nets star made $499,000 when the diamond bauble sold for $749,000 at Christie’s in New York on Tuesday!
