Mariah Carey Sells 35-Carat Diamond Engagement Ring From Ex-Fiance
Rucuss staffMay 28, 2018
Mariah Carey is getting rid of some old baggage.
Well, not literally. But Carey was ready to part ways with her 35-carat emerald-cut diamond engagement ring. Page Six reports, a year and a half after Carey and Australian billionaire James Packer ended their engagement, the singer sold the ring he gave her in January 2016. The ring was designed by jeweler Wilfredo Rosado.
“Mariah has been very vocal recently about her choice to move forward in her life surrounded by positivity,” her publicist told the New York Post gossip column’s Richard Johnson. “That requires leaving emotional and material baggage behind, including an old engagement ring from an ex-boyfriend.”
According to Page Six, the 49-year old singer kept the ring post-split as it was part of a financial settlement she struck with Packer.
Page Six reports that the ring — which at the time of the engagement was described as being worth $10 million — is actually worth far less and was sold to a Los Angeles jeweler for $2.1 by Carey’s business manager on behalf of the Elusive Chanteuse.
“A confidentiality agreement was signed, but the jeweler is currently selling it, and there’s only one such ring,” a source told Page Six. “Mariah Carey’s public relations people are desperately trying to keep the story from the press, and have threatened the jeweler with litigation if he discloses her name.”
A Mariah insider insists to the gossip column that the singer does not need the money.
“She owns multiple homes, her entire catalog of music and she’s had numerous successful tours and residencies,” the insider said.
In October 2017, Parker publicly explained that he felt his entire romance and certainly his engagement to Carey was an error in judgement.
“I was at a low point in my personal life,” the billionaire businessman told The Australian. “She was kind, exciting and fun. Mariah is a woman of substance. But it was a mistake for her and a mistake for me.”
In November 2017, The Blast reported that Mariah and Parker reached a financial settlement in the aftermath of their broken engagement that saw the singer walk away with between $5 and $10 million including the ring and some cash. Carey is now dating dancer-choreographer Bryan Tanaka.
Photos via People Magazine
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