We have waited for this and now they have made it official.

Brad Pitt and Angelina Jolie are engaged. The ring took a year to design and the diamond was hand-picked by Brad himself.  As mentioned on USA today. "Yes, it's confirmed," Cynthia Pett-Dante, Pitt's manager said. "It is a promise for the future, and their kids are very happy. There's no date set at this time." The couple, with Angelina wearing the ring was seen together on Wednesday night at the LA County Museum.

"Brad had a specific vision for this ring, which he realized over a yearlong collaboration with Robert. He wanted every aspect of it to be perfect, so Robert was able to locate a diamond of the finest quality and cut it to an exact custom size and shape to suit Angelina's hand," Procop said in a statement.

Robert Procop, is a jeweler in Beverly Hills  who was selected by Brad to help custom design this special ring.

"Brad was always heavily involved, overseeing every aspect of the creative design evolution. The side diamonds are specially cut to encircle her finger. Each diamond is of the highest gem quality." What a guy and l would really like to know how much it cost!

Fifteen years ago, the youthful star-crossed lovers in 1997's Titanic - played by Leonardo DiCaprio and Kate Winslet - helped propel James Cameron's epic blockbuster into box-office history. The film earned $1.8 billion worldwide and scored 11 Oscars. We all remember it.

Now Titanic is sailing back into theaters on April 4, this time in 3D. To mark the re-release, PEOPLE spoke with Winslet and she shared her thoughts.

"My American accent is appalling!" says Winslet. "Here we are 15 years on, and I've learnt so much more, not just about myself but the job that I do and the world of film, and I look at myself in Titanic and I wish I could bring all this knowledge that I now have into that."

In a separate interview with CNN, she furthermore criticized her accent, "It sounds terribly self indulgent but actors do tend to be very self-critical. I have a hard time watching any of my performances, but watching 'Titanic' I was just like 'Oh God, I want to do that again'." To MTV, she added, "[It] could've been much better. My acting could've been a lot better."

The 'American Reunion' actor - who checked himself into the Cirque Lodge rehab facility in Utah for a 30-day addiction programme after his second drink-driving arrest in 2010 - says his booze problem was so bad that he feared for his life.

He almost died from alcoholism. "I would have died, and I think about that every single day," the actor, 33, tells PEOPLE in an exclusive new interview.

After two DUI arrests and a jail sentence, the Nebraska-reared actor knew he had to turn his life around. Klein opens about his struggles for the first time.

"It got to the point where I was a fragile shadow of the young man that came into this business," he says. "Today, I'm the luckiest guy alive."

"It was nothing short of magic," says the actor, of his early stardom - something he quickly learned wouldn't last forever.

The actor is back on the big screen in the latest of the movie franchise, American Reunion, and says that he is now nearly 19 months sober. The 33-year-old actor shot to fame from his roles in Election and the 1999 hit movie American Pie.

Miley Cyrus dazzled in coral silk chiffon Jenny Packham gown on Saturday night and what looked like a very special accessory - the diamond sparkler she had already revealed on Twitter.

"I am sooo obsessed with @jennahipp nail foundations!" Cyrus, 19, wrote Thursday in a posting meant to show off her manicure but sure couldn't disguise that ring on her left hand.

Cyrus and Hemsworth met while filming the Nicholas Sparks coming-of-age romantic drama "The Last Song" (2009). Hemsworth also appeared in Cyrus' accompanying music video, "When I Look at You." They announced their breakup in August 2010, but less than a month later the two were photographed together running errands and spending time at Cyrus' Toluca Lake, Calif., home.

While reps did not return requests for comment, a source close to the couple says they are not engaged. Still, the ring was very much in evidence Saturday night when Cyrus and her Hunger Games beau, 22, attended Muhammad Ali's Celebrity Fight Night XVVIII in Phoenix together. I think she is looking beautiful, but maybe a little to skinny?