Sophie Monk jeans engaged gold digger heels

Yesterday we spotted Sophie Monk out and about in Hollywood, and the newly engaged Aussie starlet was snapped with some bling on her ring finger, but we're not sure if this is from her fiance Jimmy Esebag. Don't you think a businessman who is 20 years her senior would buy a 4 or 5 carat diamond sparkler for his lady? Or maybe their love goes beyond material things?