Mariah Carey’s Multimillion-Dollar Settlement With James Packer: The Untold Story

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In November 2017, The Blast reported that James Packer had reached a settlement with Mariah Carey following their contentious split.

Settling a few months earlier, the singer would reportedly receive $5 – $10 million from the Australian businessman, who, according to Forbes, has a net worth of around $3 billion after selling nearly 50% of his remaining stake in Crown Resorts Limited to Macau billionaire Lawrence Ho’s Melco.

Mariah Carey and James Packer attend the 27th Annual GLAAD Media Awards, showcasing their glamorous red carpet style amidst their high-profile relationshipMariah Carey and James Packer attend the 27th Annual GLAAD Media Awards, showcasing their glamorous red carpet style amidst their high-profile relationship on May 14, 2016, in New York City (Credit: Andres Otero / C. Smith / Ivan Nikolov / WENN / Michael Carpenter)

The settlement included her 35-carat diamond engagement ring. Carey initially requested a $50 million “inconvenience fee” from her billionaire ex-fiance post-split. The figure was reportedly discussed in prenup negotiations when they were still planning to marry. How romantic.

Through an introduction by mutual friend Brett Ratner, they met for the first time at the Hercules premiere in 2014 and got engaged in January 2016. They officially broke up in October 2016 following a blowout fight in Greece a month earlier.

Talking about their short-lived romance with The Australian, the billionaire businessman said their relationship was a mistake. “I was at a low point in my personal life,” Packer told the Australian newspaper. “She was kind, exciting and fun. Mariah is a woman of substance. But it was a mistake for her and a mistake for me.”

You can read more about their failed relationship in Damon Kitney’s biography on Packer titled “The Price Of Fortune: The Untold Story Of Being James Packer,” which can be purchased on Amazon.

Mariah Carey and James Packer Make Red Carpet Debut as a Couple

In September 2015, Mariah Carey and her billionaire boyfriend, James Packer, took their relationship to the Hollywood version of the “next level.”

The duo made their red carpet debut as a couple at the premiere of “The Intern” at NY’s Ziegfeld Theater.

Mariah Carey and James Packer make their first red carpet debut as a couple at "The Intern" premiere held at the Ziegfeld TheaterMariah Carey and James Packer make their first red carpet debut as a couple at “The Intern” premiere held at the Ziegfeld Theater in New York City on September 21, 2015 (Credit: Andres Otero / C. Smith / Ivan Nikolov / WENN / Michael Carpenter)

When two celebrities walk the red carpet together for the first time, we can assume they’re ready to move on to some serious stuff.

Mariah Carey and billionaire boyfriend James Packer striking a pose on the red carpetMariah Carey and billionaire boyfriend James Packer striking a pose on the red carpet (Credit: Andres Otero / C. Smith / Ivan Nikolov / WENN / Michael Carpenter)

Mariah was her typical diva self in a burgundy Alaïa gown paired with matching burgundy Gucci platform sandals.

She topped it off with burgundy sunglasses and a black Alaïa snakeskin jacket.

A fan captures a photo of both Mariah Carey and James Packer on a smartphoneA fan captures a photo of both Mariah Carey and James Packer on a smartphone (Credit: Andres Otero / C. Smith / Ivan Nikolov / WENN / Michael Carpenter)

She finished her look with clean beige-toned makeup, diamond earrings, and glittery silver nail polish.

Mariah Carey arrives at the Ziegfeld Theater for the premiere of "The Intern"Mariah Carey arrives at the Ziegfeld Theater for the premiere of “The Intern” (Credit: Andres Otero / C. Smith / Ivan Nikolov / WENN / Michael Carpenter)

Considering Mariah wore a similar look to push her twins on the swings at a park, this red carpet outfit is nothing special for her.

Mariah Carey pairs burgundy sunglasses with a burgundy Alaia gown, Alaia snake-textured jacket, and matching Gucci platform sandalsMariah Carey pairs burgundy sunglasses with a burgundy Alaia gown, Alaia snake-textured jacket, and matching Gucci platform sandals (Credit: Andres Otero / C. Smith / Ivan Nikolov / WENN / Michael Carpenter)

It was clearly a sign of how Mariah values her new relationship with her wealthy boyfriend.

Mariah Carey's Bordeaux Gucci "Claudie" platform sandals peek out from beneath her matching gownMariah Carey’s Bordeaux Gucci “Claudie” platform sandals peek out from beneath her matching gown (Credit: Andres Otero / C. Smith / Ivan Nikolov / WENN / Michael Carpenter)

Do you think Mariah Carey and James Packer look uncomfortable together? Or could it be just first-time jitters?

MC’s shoes are the Gucci “Claudie” sandals in Bordeaux. You can shop Gucci shoes at Farfetch and Nordstrom.

Gucci Claudie Platform Sandals in Bordeaux

Gucci Claudie Platform Sandals in BordeauxGucci Claudie Platform Sandals in Bordeaux, £490