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MARIAH CAREY: Pawns $10 Million Engagement Ring

MARIAH CAREY: Pawns $10 Million Engagement Ring

Mariah Carey pawned her diamond ring 18-months after her engagement failed.

Australian billionaire James Packer spent $10 million on the 35-carat diamond ring. Mariah took it to a Los Angeles jeweler, who gave her $2 million. They supposedly signed a confidentiality agreement and will never divulge details about the transaction.

Mariah’s publicist basically confirmed the New York Post story saying, "Mariah has been very vocal about moving forward in her life surrounded by positivity. That requires leaving baggage behind, including an old engagement ring from an ex-boyfriend."

Say What Now???

  • Mariah got gastric bypass surgery, lost quite a bit of weight, and now the ring is too big for her finger.
  • Took courage for Mariah to part ways with diamonds. She doesn’t need the money. Just a fascinating bit of spring cleaning.
  • The jeweler is trying to re-sell the one-of-a-kind ring.
  • $2 million for a $10 million ring? Who negotiated this deal for her?

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