Swift's net worth is estimated to be $1.5 billion, making her one of the richest musicians and entertainers in the world. She has been recording music since she was a teenager and recently ended her famous "ERAS Tour" which spanned the course of nearly two years, and had stops all across the world.

Taylor Swift and Travis Kelce announced their engagement on Aug. 26 on Instagram. Jewelry experts are weighing in on the possible value of her ring, with one saying it could be worth up to $1 million.

But, they warn it's impossible to confirm a value from a single photo. One thing's for sure: the antique elongated cushion-shaped stone is certain to drive ring trends while putting extra pressure on prospective grooms.