Mariah Carey and James Packer leaving Eleven Madison Park after their engagement on Thursday evening
Third time lucky for both of them? U.S singer, Mariah Carey flashes her $7.5million diamond engagement ring after casino billionaire, James Packer proposed to her less than a year after they began dating.
American singer, songwriter and actress, Mariah Carey and her casino billionaire lover, James Packer, are officially engaged after a whirlwind romance.
Representatives for the 45-year-old singer, confirmed the news to Daily Mail Australia, saying, 'Yes, the couple were engaged tonight in New York.'
The musician flashed her new, diamond engagement rock, which has an estimated value of $7.5 million USD (£5M), on Thursday after the 47-year-old billionaire got down on one knee that evening, following less than a year of dating.
Mariah couldn't hide her delight as she arrived at their engagement party at Eleven Madison Park that night with a huge smile on her face and an even bigger rock on her left hand.
British Fine Jeweller, David Marshall of David Marshall London told MailOnline on Friday that the ring could be worth as much as $7.5M.
'The stone appears to be an Emerald cut and if it is a D Flawless (the highest colour grading and without flaws) it will be in the region of $5M just for the stone at cost price. I would say that the retail value of the ring could be in the region of $7.5M.'
David Allen, Creative Director 77Diamonds, had this to say: 'This emerald cut diamond engagement ring looks to be around 30 carats and given Mariah’s penchant for perfection it will no doubt be of the top colour and clarity quality.
Something like this would be valued in excess of $1.7M, the wholesale value of a diamond D flawless would be around $4.5M and retail we would sell for around $5M.'
Finally, Sonia Menezes, Head of Brand Development, at Clogau also added: 'It’s a show-stopper, particularly appropriate for Mariah Carey. It reminds me of Beyonce’s fabulous 18ct flawless diamond engagement ring by Lorraine Schwartz.'
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