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Mariah Carey's Engagement Ring is Worth $7.5 Million! (Photos)

Mariah Carey is now an engaged woman and her ring from fiance James Packer is a stunning 35 carat design worth $7.5 million!

The ring was designed by Wilfredo Rosado and the designer has opened up to Vogue about the massive ring.

“I took the standards super high, and I wanted to create a ring that could not be measured up to,” Wilfredo said.

“We really only had just over two weeks to pull it off, working 12 hour a days, and I consulted with James about the ring three different times during the process,” Rosado said. “He wanted to create something very rare and very beautiful around this diamond he chose, and I followed his lead.”

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Mariah Carey Is Engaged to James Packer!

Mariah Carey is engaged to her boyfriend James Packer, her rep confirms to JustJared.com.

“The happy couple did get engaged this evening,” her rep told us in a statement.

The engagement happened on Thursday (January 21) while the couple was in her hometown in New York, according to E! News.

Mariah‘s engagement ring is reportedly 35 carats and no wedding date has been set at this point.

While the couple has known each other since 2014, they first started dating back in June and they flaunted their love all over Europe this past summer.

Congratulations to the happy couple on the exciting news!

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Mariah Carey Reacts To David Bowie Passing: 'We Will Always Remember Your Brilliance'

Mariah Carey soaks up the sun with her boyfriend James Packer in the Caribbean as her two kids Monroe and Moroccan (not pictured) take a dip in the ocean on Sunday (January 10) in St. Barts, France.

The evening before, the superstar entertainer was spotted with her entourage doing some shopping at Cartier and Louis Vuitton during her vacation.

PHOTOS: Check out the latest pics of Mariah Carey

Mariah took to her Instagram just earlier today (January 11) to share her thoughts on the late David Bowie after he died at age 69 this weekend.

David Bowie we will always remember your brilliance,” Mariah captioned with her post. “Heartfelt condolences to family, friends and fans around the world.”

15+ pictures inside of Mariah Carey out and about in St. Barts…More Here! »

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Mariah Carey Performs at Boyfriend James Packer's Melbourne Casino on New Year's Eve!

Mariah Carey hits the stage at the Crown Casino’s New Year’s Eve Party for a special performance on Thursday (December 31) in Melbourne, Australia.

The superstar entertainer performed at her boyfriend James Packer‘s casino for the packed crowd! James and some other guests were in attendance to cheer on Mariah!

“Can’t wait to see my #Lambs in AUSTRALIA! See you soon! 😘” Mariah tweeted before the show. It’s already 2016 in Australia, so Happy New Year to those who have just celebrated!

15+ pictures inside of Mariah Carey performing on New Year’s Eve…More Here! »

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Mariah Carey Is Spending Christmas with the Kids, Nick Cannon, & James Packer!

Mariah Carey is having a blast in the snowy weather while celebrating the holidays with her family, including new boyfriend James Packer and her ex Nick Cannon.

The stars have been posting lots of photos on social media, including a bunch of pics of them playing in the snow together.

“Carrying these 2 up this damn mountain!!! 😡😡😳😲😩 No need to hit the gym . #LegDay,” Nick captioned an Instagram picture of himself pulling their four-year-old twins Monroe and Moroccan on sleds.

See a video of Mariah riding a sled below!

A video posted by Mariah Carey (@mariahcarey) on

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Mariah Carey & Boyfriend James Packer Are Ready for the Snow!

Mariah Carey steps out to get in some last minute holiday shopping on Monday night (December 21) in Aspen, Colo.

The superstar is currently in town with her kids as well as billionaire boyfriend James Packer to celebrate the Christmas holiday.

PHOTOS: Check out the latest pics of Mariah Carey

“Ready for the snow,” Mariah captioned a photo of her and James on her Twitter account. Check out the full photo in the gallery below!

20+ pictures inside of Mariah Carey doing some shopping ahead of the holiday…More Here! »

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