The couple went public last June, after both were seen on holiday in Italy.
He proposed to her on Thursday evening in New York City. Her engagement ring is thought to be worth $7 million. She wasted no time flashing her ring.
James Packer, is Australia's fourth-richest person, according to Forbes. He inherited an Australian media empire from his father Kerry Packer, and now operates casinos, split from his second wife model and singer Erica Baxter in 2013.
This is the third marriage for Mariah Carey.
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