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Kate Middleton's engagement ring is probably the most famous ring in the world, thanks to its previous owner, Princess Diana. Diana chose the 12-carat sapphire surrounded by 14 diamonds from Asprey back in 1981, and Prince William used it to propose to Kate with in 2010. Asprey was founded in 1781 as a silk printer but soon started producing a range of luxury goods, and Queen Victoria soon granted the company a Royal Warrant. Princess Grace of Monaco's engagement ring was an Asprey piece set with a 12-carat diamond, and Asprey has held a Royal Warrant from Prince Charles since 2013.