Kim K gets a new huge diamond engagement ring from Kanye

Kanye West made less than $12million in the last one year, according to Forbes, but he loves his wife so much he bought her a new $5million ring. TMZ reports below…

Kim Kardashian is walking around with over $5 million on her fingers now that Kanye West hit her with another massive diamond … just because he loves her.

TMZ has learned Kim’s new Lorraine Schwartz rock is 20 carats — 6 carats bigger and cost 3 times more than her $1.3 million engagement ring.

Sources close to the jeweler tell us the emerald cut rock is a type IIa diamond, which means it’s pretty rare and close to flawless.

Seems it’s pretty rare for Kim to double up, but she was seen wearing both rocks at a Harper’s Bazaar party on Sept. 9.