Paris Hilton isn't wearing the ring, but according to all reports, including from our own Mario Lopez, she plans on keeping the $2 Million ring! Is that right? Or LEGAL?? Paris reportedly called off her engagement to Chris Zylka recently and headed to Australia. BTW, this is the THIRD engagement Paris has called off. The other two were model Jason Shaw and Paris Latsis. Oh, Paris's people say the ring was given to Paris and Chris for free so she gets to keep it. I have a hard time believing someone gifted the couple that ring.