Kim Kardashian Engaged

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The reality star received a 20.5 carat Lorraine Schwartz bauble from beau Kris Humphries.

Kim Kardashian is officially off the market. The fashionable reality star--who designs two clothing lines and a jewelry collection—is now sporting a 20.5 carat diamond sparkler from her fiancé, New Jersey Nets' Kris Humphries.

"[She] always listened to what I would want and the shapes I love," said Kardashian of pal Lorraine Schwartz who was commissioned to design the emerald-cut confection (valued at $2 million) along with Humphries himself.

Schwartz is no stranger to working with celebrities (she created Beyonce's engagement ring and has accessorized the likes of Heidi Klum, Cate Blanchett and Jennifer Lopez) and it's clear that she aims to please: "It’s the most beautiful thing I have ever seen," Kardashian told People of her ring. "It’s perfect."