Young Press Secretary’s Ring Costs a Fortune

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Local woman Karoline Leavitt recently announced her engagement on social media. The 27-year-old, known for being the youngest White House press secretary, shared the happy news, showcasing a stunning diamond ring.

Leavitt is engaged to 59-year-old real estate developer and millionaire Nicholas Riccio. The couple share a child.

Diamond expert Mike Fried estimated the ring’s value at approximately $90,000. He described the ring as a 3-carat round diamond in a classic, traditional cathedral setting. He also noted Leavitt’s diamond wedding band, valuing it at around $10,000.

Riccio, owner of Riccio Enterprises and Nautical Beach Properties, has a remarkable success story. He shared that in his younger years, before finding success in real estate, he experienced homelessness. He credits a real estate class taken after graduating from Plymouth State University with sparking his interest in the industry.


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