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The sparkle life.

During her “On Air with Ryan Seacrest” appearance on Tuesday, Paris Hilton showed off her show-stopping engagement ring from Carter Reum, revealing that her first initial is engraved inside the giant sparkler.

“I’m so obsessed with it … it has like 15 diamonds going around and then inside it has a ‘P’ with a sapphire,” she explained.

“So if you open it, it’s like a ‘P,’ which I don’t know if you can see but it’s pretty amazing.”

The entrepreneur and DJ’s emerald-cut ring – aptly named “The Paris” – was “inspired by the La Palette [café] in Paris” and “has a beautiful love story.”’ allowfullscreen=’true’ style=’border:0;’ sandbox=’allow-scripts allow-same-origin allow-popups allow-presentation’>

Before his private island proposal in February, Reum, 40, tapped jeweler Jean Dousset to design the one-of-a-kind bling.

In the premiere episode of her podcast “This is Paris,” Hilton, 40, said she was “shaking and crying” with happiness when the venture capitalist proposed, revealing that she “can’t wait” to start a family together as the pair undergoes IVF.

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