Jeff Bezos Allegedly Spent Over $2.5M on Engagement Ring

Amazon founder Jeff Bezos and fiancée Lauren Sanchez stepped out at the Cannes Film Festival after news broke about their engagement. Sanchez was seen wearing a massive diamond engagement ring that is believed to be 20 carats. Experts even say the ring could cost more than $2.5 million. Jeweler Olivia Landau let Inside Edition's Megan Alexander try on a similar-looking ring.