Related to the iconic emerald and aquamarine, morganite is a part of the beryl family of minerals Morganite has become a popular gemstone choice in engagement rings recently as its delicate pink brilliance evokes a romantic spirit. It was the gemmologist George F. Kunz who named this peachy orange gemstone after his gem-collecting friend J.P. Morgan. Morgan aided endeavors in the field of gemstones and so morganite was named in his honour.