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Hilary Duff is engaged to boyfriend Matthew Koma, and her ring is said to be worth $100,000

hilary duff matthew koma
Hilary Duff and Matthew Koma attend a Golden Globes after-party in January 2019. Leon Bennett/Stringer/Getty Images
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Hilary Duff took to Instagram on Monday to announce that she's engaged to boyfriend Matthew Koma. In her post, the "Younger" actress also gave fans a glimpse of her engagement ring.

"He asked me to be his wife," Duff captioned her Instagram photo, in which she's seen holding her left hand up next to Koma.

He asked me to be his wife♥️

A post shared by Hilary Duff (@hilaryduff) on May 9, 2019 at 7:20am PDT

Speaking to INSIDER, representatives for RareCarat, a diamond search engine, said the ring likely includes a four-carat, cushion-cut stone that's worth $100,000.

The diamond experts at RareCarat also said the gem is likely a quality of G VS1 or higher, which stands for "Very Slightly Included," or including few flaws.

matthew koma hilary duff
Hilary Duff and Matthew Koma announced their engagement on Thursday.  Gregg DeGuire/Stringer/Getty Images

Read more: Hilary Duff and boyfriend Matthew Koma are engaged: 'He asked me to be his wife'

Duff and Koma have been linked since they made their first red-carpet appearance as a couple in January 2017. However, it's unclear as to when exactly they started dating. E News also reported that Duff and Koma broke up in March 2017, but eventually got back together — and have since shared much of their relationship on Instagram.

In October 2018, Duff and Koma also welcomed their first child together, a girl named Banks Violet Blair.

Banks Violet Bair❤️ this little bit has fully stolen our hearts! She joined our world at home on Thursday afternoon and is absolute magic ✨

A post shared by Hilary Duff (@hilaryduff) on Oct 29, 2018 at 6:38pm PDT

At the time, Koma said on Instagram that he and Duff were "grateful" for their "beautiful daughter, little sister, and best friend for life."

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Amanda Krause
Amanda Krause is a Senior Reporter at Business Insider covering a variety of lifestyle topics.Her work at BI includes profiles of beauty moguls, analyses of celebrity fashion, reviews of trending products, expert interviews across topics, features about booming small businesses and lucrative side hustles, and live coverage of award shows, pageants, and other events. Amanda has also widely covered Disney brands and theme parks, writing everything from slideshows about her experiences on Disney cruises to breaking-news stories focused on major changes and layoffs within the company. She previously appeared on CBS in 2024 to discuss the Met Gala and won an Anthem Award in 2023 for her work on Business Insider's package "Better Me."Amanda graduated from Ramapo College of New Jersey with a degree in Communications and Journalism, and has more than seven years of experience in the lifestyle space.You can email her at akrause@jkmperu.com.ExpertiseFashion, celebrity style, beauty, lifestyle trends, and Disney theme parks.Popular ArticlesI spent under $200 a night to stay at Disney World's cheapest resort. My tiny room was worth the convenience.A woman spent $2 on a necklace that resembled a Tide Pod. It turned out to be a one-of-a-kind art piece worth $3,000.A Kansas City store owner thought someone made a fraudulent order on his website. It was actually a legit purchase from Taylor Swift.I've tested every product in Selena Gomez's makeup line, and almost every item is worth buying