Kim Kardashian's Engagement Ring: A 20.5-Carat Lorraine Schwartz

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Have you seen the cover of this week's People magazine? Well, here it is—heralding the May 18th engagement of reality TV star Kim Kardashian to New Jersey Nets' Kris Humphries.

"I didn't expect this at all," Kardashian told People about the rose-petal engagement—no, literally, Humphries spelled out "Will you marry me?" in rose petals in Kardashian's home. "I was in such shock. I never thought it would happen at home, and I never thought now."

Kardashian's engagement ring is a 20.5-carat diamond from Hollywood favorite, jewelry designer Lorraine Schwartz, whose fine jewelry graces every red carpet in Tinseltown.

UPDATE: We have a close-up photo of the ring here along with more details—when they're getting married and where Kim is moving after the wedding!
· Kim Kardashian is engaged [People]