Reports: Justin Bieber spent over half-a-million on Hailey Baldwin’s ring

For reasons that we don’t know why.  The betrothed pop-star (who was once  nearly the modern male Britney Spears in the tabloids)   not only proposed to his short-term girlfriend.. but has spent insane amounts of money on her engagement ring. People Magazine reports that the ring is about 6-10 carats and cost about $500,000.

He reportedly went to private jeweler Jack Solow, who, is based in New York City.

“Justin did have a hand in selecting the diamond because I sent videos to his team,” Solow tells PEOPLE. “I know him through [his manager] Scooter Braun. When it came time to find a ring, Justin asked Scooter and said, ‘I’m ready to pop the question’ and he said, ‘There is only one place to go, ask Jack.’”

“In the end, Justin wanted something that would gracefully accentuate Hailey’s beautifully-shaped hands. We settled on an oval stone that was just exceptional in its length and grace. Look at her hands — she’s exquisite,” says the jeweler, who had a “few weeks” to make the custom diamond sparkler, which is somewhere between 6 to 10 carats.