Brad Pitt and Angelina Jolie are finally engaged

Brad Pitt and Angelina Jolie have been together for seven years, have six children and have dodged countless rumors surrounding the possibility of the two getting hitched. Well fans no longer have to wait, as Jolie sported quite the engagement ring last week, according to People Magazine.

The gorgeous ring, which appears to be 10 carats in total set in a yellow gold band, was designed by jeweler Robert Procop, the media outlet reports.

"Brad had a specific vision for this ring, which he realized over a year-long collaboration with Robert," Procop's team said in a statement. "He wanted every aspect of it to be perfect."

According to The Huffington Post, experts in the industry are buzzing about how big these nuptials will be - some are even calling it the U.S. equivalent to the royal wedding.

The majority of fashionistas cannot afford the big sparkler Pitt gave Jolie. However, those who love Jolie can still rock similar looks with fashion jewelry such as the 14k Gold-Plated Marquise-Cut DiamonUltra Cubic Zirconia Pavé Ring for less.