Meghan, Duchess of Sussex has upgraded her engagement ring, which was made from diamonds from Princess Diana’s collection, three times since Harry popped the question back in 2017

Meghan Markle is embarking on a brand-new chapter as she’s poised to launch two major new projects in the coming weeks.

Her highly anticipated cooking show, With Love Meghan, will drop on 4 March. But that isn’t the only deal she’s got brewing with Netflix, as she’s also partnered up with the streaming giant to launch her new lifestyle company, As Ever.

Originally launched last year as American Riviera Orchard, Meghan announced in a video posted to her Instagram this week that she has switched up the name of the company in a huge U-turn. And she also revealed that her products are due to be sold in Netflix’s new brick-and-mortar stores – Netflix House – which will sell merchandise of many of their hit shows.

Meghan’s original ring featured a yellow gold band and an cushion cut diamond from Botswana ( 
Image:
Henry Nicholls / SWNS.com)

In it’s first form it was estimated to be worth £120,000 ( 
Image:
AFP/Getty Images)

Since Meghan first appeared in public wearing her ring after Prince Harry popped the question back in 2017, eagle-eyed royal fans have spotted tweaks to the gorgeous piece of jewellery on more than one occasion, and an expert has weighed in on just why Meghan has repeatedly opted to upgrade, and how much it may have cost.

Initially, when Meghan debuted her ring it featured a massive cushion cut diamond as the centre piece, which experts estimated to be worth £120,000. This main stone was from Botswana, where the couple had one of their first dates, and so had a massive sentimental meaning for the pair.

It was flanked by two smaller diamonds, both from the late Princess Diana’s collection, adding to the emotional meaning behind the ring, and set on a timeless yellow gold band. These classic design points came together to create a ring perfectly fit for a newly minted member of the Royal Family. However, just two years later in 2019, Meghan’s ring got its first upgrade, marking the birth of Prince Archie, the couple’s first child.

Meghan first upgraded her ring in 2019 ( 
Image:
Getty Images)
The redesign was reportedly undertaken by Lorraine Schwarz and replaced the gold band with a diamond pavé band, giving the piece a more modern feel. The glittering new band was also more slim line and saw Meghan transform it into a kind of stacking ring, which was seriously on-trend. She also added another sweet ring to her finger at the same time, which included her, Harry, and Archie’s birthstones.

In 2022, Meghan’s ring underwent another serious upgrade. Expert Neil Dutta, of engagement ring specialists Angelic Diamonds, said: “In 2022, we saw another subtle yet impactful change to Meghan’s ring. Additional diamonds were added to the central stone setting, debuting at the Invictus Games in The Hague. This enhancement likely boosted the ring’s value to approximately £250,000

“The additional diamonds serve to amplify the ring’s overall brilliance, drawing more attention to the centre stone. This could be seen as a metaphor for Meghan and Harry’s increased focus on their personal projects and charitable endeavours post-royal life.

“Interestingly, the Invictus Games hold special significance for the couple – it’s where they made their first public appearance together in 2017. The ring’s upgrade at this event seems to celebrate their journey together and their shared commitment to causes close to their hearts.”

Most recently, in the trailer for Meghan’s new show, another tweak was spotted, bringing the reported cost of all these adjustments to £130,000. “The most recent iteration of Meghan’s engagement ring glimpsed in the Netflix trailer, showcases what appears to be an emerald-cut centre stone,” the expert noted. “This is a significant departure from the original cushion-cut diamond, reflecting a more contemporary aesthetic.

Meghan’s ring underwent another transformation in 2022 ( 
Image:
Getty Images)

Most recently, in 2025, fans spotted the ring had been upgraded again ( 
Image:
Meghan/Instagram)“Emerald-cut diamonds are known for their elegant, step-cut facets and elongated shape. This change could potentially increase the ring’s value to around £300,000 ($370,000). The new cut offers a sleeker, more modern look that aligns beautifully with Meghan’s evolving style and public persona.

“But what’s particularly interesting is how this change symbolises Meghan’s transformation from royal life to her current role in a myriad of things. The emerald cut is often associated with confidence and clarity – qualities Meghan may feel she has since leaving the royal family.”

Overall, the expert noted that a kind of evolution in Meghan’s style and personal journey could perhaps be tracked through her ring upgrades, noting that while the “original design beautifully encapsulated the fairy-tale nature of their royal romance” her more recent design choices indicated changing priorities.