Holly Madison’s massive yellow diamond engagement ring is worth $2 million

Holly Madison got engaged to her baby Rainbow’s father Pasquale Rotella this week, and we’ve got the details on her extravagant yellow diamond engagement ring!

The ring was inspired by last weekend’s Electric Daisy Carnival, an event Pasquale’s company Insomniac Events produced. Along with the multi-colored flowers adorning the ring, there’s also an engraved owl in the side.

Here’s the press release from the designers via Reality Tea:

Inspired by the Electric Daisy Carnival and the beauty of flowers, the ornate engagement ring design was the vision of Pasquale Rotella in collaboration with family friends & premier Beverly Hills Jewelry Designers Layna & Alan Friedman… This dynamic design duo pulled the finest natural intense color diamonds from their collection to bring to life Pasquale’s vision and arrange the 3.5 carats of vivid pink, yellow and blue natural color diamond flowers to adorn the ring. A custom hand-engraved owl adds intricate detail and individuality to the hand-crafted mounting… The gorgeous, one-of-a-kind ring is valued at over $2,000,000.

Although it’s valued at $2 million, Pasquale probably was able to arrange a deal because of partnership arrangements surrounding this event.

Although he’s facing some legal issues, he’s come into a bit of money recently. Live Nation has paid a reported $50 million for a 50% stake in his company Insomniac Events.

What do you think of Holly’s ring?