Mary Kate Olsen is engaged to french banker Olivier Sarkozy.
Sarkozy proposed with an $81,000 vintage Cartier engagement ring which he purchased at a Sotheby’s auction. The European-cut diamond weighs four carats, and is surrounded by 16 sapphires.
According to UsMagazine.com, this was the second time he proposed.
“He tried about a year ago, and she wasn’t ready,” an insider tells Us. “She didn’t need to be wined and dined. She wanted to make sure he would be good to her.”
Olsen and Sarkozy have been dating since 2012.