Mariah Carey sells engagement ring worth $10m for $2m - Welcome To Infotainnet

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Tuesday 29 May 2018

Mariah Carey sells engagement ring worth $10m for $2m

American singer, Mariah Carey has sold the ­35-carat diamond engagement ring her former boyfriend James Packer gave her two years ago for $2.1 million.
The ring, reported to be worth $10 million, was part of the financial settlement she got in 2017 after her separation from the Australian media baron.
“Mariah has been very vocal recently about her choice to move forward in her life surrounded by positivity,” her publicist said.
“That requires leaving the emotional and material baggage behind, including an old engagement ring from an ex-boyfriend.”
Page Six reports that Carey had one of her business managers quietly sell the ring to a Los Angeles jeweller.
“A confidentiality agreement was signed, but the jeweller is currently selling it, and there’s only one such ring.
“Mariah Carey’s public relations people are desperately trying to keep the story from the press, and have threatened the jeweller with litigation if he discloses her name.”
An insider in Carey’s camp, however, dismissed rumours that she sold the ring to raise money.
“She owns multiple homes, her entire catalogue of music, and she’s had numerous successful tours and residencies.”
At present, the ‘Touch My Body’ singer is fighting a sexual harassment lawsuit by Stella Bulochnikov, her former manager, who claims the singer harrassed her by often being naked in her presence.

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