Kim Kardashian Now Owns Coveted Princess Diana Necklace! But Will She Ruin It Like Critics Claimed With Marilyn Monroe's Dress?!

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Kim Kardashian has added a royal piece of jewelry to her collection! Kimmy Kakes opened her wallet big time and spent a pretty penny to snag Princess Diana‘s iconic diamond cross necklace this week.

According to TMZ sources, the SKIMS founder snatched the rare diamond-encrusted piece on Wednesday at a Sotheby’s auction. Related: Kanye’s Marriage ‘Is Real To’ Him — But How Does Kim Really Feel About It?? A rep from Sotheby’s even revealed how much she forked up to own the famous necklace.

Ready for it?! $197,453! Wowza! Check out the iconic item (below)! The price tag likely comes from the necklace’s historic past.

The purple cross is known as the “Attallah Cross.” It was most notably worn in 1987 at a London charity gala by Prince Harry and Prince William‘s late mother (as seen above).

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