Pete Davidson Drops A Pretty Penny On Ariana's Engagement Ring

This according to TMZ:

Pete Davidson shelled out nearly $100,000 for the engagement ring on Ariana Grande's finger ... a piece that was custom made for the singer.

Sources close to the couple tell us Davidson picked up the $93,000 VVS1 clarity 3.03 carat diamond set in platinum last month. We're told it was specially made for Ariana and took nearly two weeks to complete.

The piece was commissioned by NYC jeweler Greg Yuna (aka Mr. Flawless).

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