Kate Moss 'buys own engagement ring'

Kate Moss reportedly paid for the ring that boyfriend Jamie Hince proposed with.

The supermodel, who has apparently amassed a £45m fortune during her career, allegedly wanted a ring out of The Kills guitarist's price range, meaning that he had to use money she had given him to build a recording studio.

"Jamie has virt­ually no savings but did make a contribution for the ring," a source told the Daily Star. "They joke about how dependent he is on her. Kate even calls herself his 'Sugar Mummy'. Kate wanted a ring fit for a princess but Jamie knew he couldn't afford to get her dream ring.

"He was desperate to surprise her so he used money she'd given him to build his recording studio. That way she paid for the biggest chunk of it, but him popping the question still came out of the blue. He even designed it based on her heroine Zelda Fitzgerald's ring.

"Jamie knows there really is no matching Kate's wealth. She knew the type of ring she wanted. Getting engaged to Jamie is a special time for her and she wanted the ring to be just as special and so out came the Moss cheque book. Jamie loves her and that's what matters to Kate."

It was recently reported that Moss is planning a "mini-Glastonbury" for her wedding reception in July.