One Ring

The One Ring is the Ring of Power that was made to rule all of the other Rings and the other races. However it was eventually destroyed by Frodo Baggins and Samwise Gamgee.

Possessed by

 * Bilbo Baggins (formerly)
 * Gandalf (briefly)
 * Frodo Baggins (formerly)
 * Samwise Gamgee (foremrly)
 * Gollum/Smeagol (formerly)