Just over a year after Mariah Carey took James Packer to court for $50 million, the former couple were able to reach a settlement in November 2017. The exact amount was unknown, but according to The Blast, Carey was awarded between $5 million to $10 million, plus the engagement ring.
The “Dreamlover” singer was able to offload the ring in May 2018. Reportedly, Carey had a business manager sell the ring to a jeweler for $2.1 million, per Page Six. A publicist for the artist said Carey was seeking a fresh start. “That requires leaving emotional and material baggage behind, including an old engagement ring from an ex-boyfriend,” they told Page Six. While the jeweler who bought the ring went on to sell it, they were forbidden from disclosing that Carey used to own it, or telling the public how much they sold it for. The eventual price tag was undisclosed, but the 35-carat ring was one-of-a-kind. It was designed by Wilfredo Rosado, a jewelry designer and friend of Carey’s.
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In 2020, the singer released her memoir “The Meaning of Mariah Carey,” and Packer was noticeably absent from the book. “If it was a relationship that mattered, it’s in the book. If not, it didn’t occur,” Carey told The Guardian in 2020. Of course, Carey also received engagement rings from other relationships.
