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Bye Bye Bling! Mariah Carey Sells James Packer's $10 Million Engagement Ring

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Mariah Carey has off loaded some serious bling, according to reports.

The 48-year-old singer has reportedly sold the $10 million engagement ring from former fiance James Packer for just $2.1 million.

It is being reported that one of her managers sold the ring privately.

A source revealed to the New York Post: "Mariah has been very vocal recently about her choice to move forward in her life surrounded by positivity.

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"That requires leaving emotional and material baggage behind, including an old engagement ring from an ex-boyfriend."

Carey's camp have shot down rumors that she is selling the ring because she has money issues.

The couple got engaged in January 2016 after they dated for a year but the relationship unraveled amid claims she was spending too much money.

But not after Packer, 50, had presented her with the amazing 35-carat-diamond ring.

James Packer

They officially split in October 2016 with Carey starting to date one of her backing dancers Bryan Tanaka.

Packer then revealed that their relationship had been 'a mistake' for both of them. also reported how Packer suffered a mental meltdown.

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