When music superstar Mariah Carey became engaged to Australian billionaire James Packer in January 2016, their relationship seemed like a modern fairy tale. Packer proposed with an enormous 35-carat diamond ring reportedly valued at approximately $10 million. Fans expected a spectacular wedding, but just months later, the couple’s romance ended, setting the stage for an unusual financial dispute.
Following their separation in October 2016, reports emerged that Carey was seeking $50 million from her former fiancé. Some entertainment outlets described the demand as an inconvenience payment, suggesting the singer believed she had made significant personal and professional sacrifices during their relationship. However, the exact details of their private negotiations were never fully disclosed.
The situation attracted worldwide attention when reports suggested Carey had reached a financial settlement worth several million dollars. Although some headlines claimed she won $50 million in court, there is no reliable evidence supporting that version. Reports instead indicated that the former couple negotiated a private settlement, with figures varying between publications.
One particularly fascinating detail involved Carey’s massive engagement ring. She reportedly kept the diamond following their breakup and later sold it in 2018. The relationship may have ended without a wedding, but the financial arrangements continued making headlines long afterward.
What do you think? Should someone be allowed to keep an expensive engagement ring when the wedding never happens?