Jeff BezosandLauren Sánchezare showing off hernew engagement ring!
The Amazon founder and the Emmy-winning journalist and helicopter pilot — whoare engaged, a source confirms to PEOPLE — were photographed together over the weekend smiling on his$500 million yachtat the Cannes Film Festival.
Bezos, 59, wore a simple black shirt and pants while Sánchez, 53, opted for a white tank top with a beige skirt and was seen rocking a diamond sparkler onthatfinger. (Experts estimate that it could be between 25 and 30 carats!)
The pair made an appearance at the annual film festival on Saturday for the premiere of Martin Scorsese’sKillers of the Flower Moon, an Apple Original Film starringLeonardo DiCaprio— and were seen at the event alongside Apple CEO Tim Cook.
AbacaPress / SplashNews.com
Recently, the pair been spending a lot of time together on the billionaire’s new yacht, which features awooden sculpture made in the likeness of Sánchez. Attached to the ship’s prow, the design includes a necklace featuring the symbol for Koru, which is Māori for loop or coil. It’s based on the spiral shape of an unfurling silver fern frond — a symbol that is special to the couple.
Koru symbolizes new beginnings — which Bezos has cited before on his Instagram — and a new phase of life, positive change, personal growth, and hope for the future.
Bezosposted a photo of Koru on Instagram on New Year’s Dayin a slideshow of pictures from his disco party celebration.
“The new year is also a great time to take stock and focus on personal growth, renewal, rebirth, and paying careful attention to each moment of your life,” he wrote at the time. “The good and the bad. All of it. Celebrate and grow.”
Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories.
Opening up about their life together in January, which marked her first solo interview since they couplewent publicwith their relationship in 2019, Sánchez toldWSJ. Magazinethat Bezos “makes me laugh all the time” and “can be goofy.““We love to be together and we love to work together,” she added. “We fly together. We work out together. We’re together all the time.”
Jeff Bezos and Lauren Sánchez.Steve Granitz/FilmMagic
They also share a commitment to philanthropy.
“You want to give money away and you want to know that it’s helping people and it’s going to continue to help people, and that it’s going to the right places,” she said. “Youcouldgive it not-strategically. You can just give it away! But, we take it seriously.”
source: people.com