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Mariah Carey Sells Engagement Ring from Ex-James Packer

Updated On 28 May, 2018 Published On

The famed singer Mariah Carey has sold the 35-carat diamond engagement ring worth over $10 million

The ring given to her by her fiance James Packer when they were together, was sold off at the market by Carey for only a fraction of what it costs, $2.1 million. The ring was sold to a Los Angeles Jeweler

CAPTION: Mariah Carey's Engagement Ring
SOURCE: Empire News

An Insider said that the deal was signed off in a confidentiality agreement and that the singer's PR team have been desperately trying to keep the story from the press. The insider also said that the jeweler was threatened with litigation if he discloses her name. 

Similarly, the insider also stated that the ring was worth way less than $10 million

Carey's reps stated in an interview that she wanted to move on in her life leaving all the 'emotional and material baggage' behind which is why she sold off the ring. 

The diamond ring was offered to her as a pay-out along with other $50 million when she and Packer broke up in October 2016

If Carey had married Packer, she would have been the third wife for him with Jodhi Mears (1999-2002) and Erica Packer (2007-2013) as his exes. 

Similarly, Carey was also married in her past. She was married to Tommy Mottola (1993-1998) and Nick Cannon (2008-2016).