Mariah Carey Secretly Auctions Her N3.6bn Engagement Ring
American singer, Mariah Carey, has reportedly sold the 35-carat diamond engagement ring that her ex-fiance, James Packer, gave her two years ago.
The huge sparkler, widely reported to be worth $10m (N3.6bn), 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 the Page Six.
“That requires leaving emotional and material baggage behind, including an old engagement ring from an ex-boyfriend.
Mariah Carey
A source said Carey had one of her business managers quietly sell the ring for $US2.1 million ($2.7 million) to a Los Angeles jeweller.
“A confidentiality agreement was signed, but the jeweller is currently selling it, and there’s only one such ring,” a source told the New York Post. “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.”
An insider in Carey’s camp scoffed at the idea that she sold the bauble because she’s short on cash: “She owns multiple homes, her entire catalogue of music, and she’s had numerous successful tours and residencies.”
