Nicole Richie and Joel Madden Are Engaged

Nicole Richie (28) and Joel Madden (30) have two children together, Harlow (2) and Sparrow (5 months), and they are finally engaged to be married. Madden tweeted on Twitter:

"Yep. i’m engaged. Very happy. Yeah we’ve been engaged for a while, so your all kind of late on that. But Thanks for the hooplah all the same."

Richie confirmed the engagement in an appearance on the Late Show with David Letterman on Monday, but the show will air Friday. Letterman asked:

"You’re not married yet, is that correct?"

Nicole replied:

"We’re not married."

Letterman asked:

"Are you engaged? Are you planning to get married?"

Nicole responded:

"We actually recently are engaged, yes."

Letterman said:

"Oh, congratulations, that’s nice. A lot of people will have children and then they don’t want to rush right into the marriage, you know, they wait ’til the kids get out of college, then they get married."

Rumors of the couple getting engaged started back in 2007, and were probably accurate, it’s only now that Nicole is finally wearing the ring. The wedding date was not announced, because the couple is probably working out the contract for an exclusive with a gossip magazine.