Mariah Carey has sold the 35-carat diamond engagement ring James Packer gave her two years ago, Pagesix reports.
The huge sparkler, widely reported to be worth $10 million, was part of the financial settlement the diva made in 2017 after her split from the Australian media baron.
“Mariah has been very vocal recently about her choice to move forward in her life surrounded by positivity,” her publicist told me. “That requires leaving emotional and material baggage behind, including an old engagement ring from an ex-boyfriend.”
A source said Carey had one of her business managers quietly sell the ring for $2.1 million to a Los Angeles jeweller insider in Carey’s camp, said the ring was worth way less than $10 million.
A confidentiality agreement was signed, but the jeweller is currently selling it, and there’s only one such ring,” the source said.
“Mariah Carey’s public relations people are desperately trying to keep the story from the press, and have threatened the jeweller with litigation if he discloses her name.”
Another Mariah insider insisted she didn’t sell the engagement ring because she needed the cash.
“She owns multiple homes, her entire catalogue of music, and she’s had numerous successful tours and residencies,” they said.
Mariah and James dated for 18 months before they split up in October 2016.
