Mariah Carey Rocks Engagement Ring On Red Carpet

Superstar Mariah Carey and businessman James Packer made their first red carpet appearance as an engaged couple last night at the G’day USA gala at Los Angeles hotspot Vibiana, thrown by Australia’s trade mission to celebrate the achievements of Australians in America.

Svelte Mariah looked amazing in a stunning, figure-hugging, long-sleeve gown — but all eyes were on her sparkling engagement ring! Weighing in at a breathtaking 35 carats and worth a jaw-dropping $10 million, the bling was designed by celebrity jeweler Wilfred Rosado and looked like it could light up the red carpet all by itself!  

The beaming Mariah, 45, clung to her fiancé, the fourth-richest man in Australia, refusing to be separated from him even for pictures! James popped the question on Jan. 21, and luckily for him he proposed with a rock large enough to make an impression on Mimi — whose jewelry collection already boasted more diamonds than a South African mine. Readers of The National ENQUIRER got the scoop on how she had to promise to make up with estranged ex-husband Nick Cannon before the wedding.

The mother of two kept her accessories to a minimum, because… well… just look at that ring! We wonder if Mariah was distracted by her bling during the gala, where the entertainment was provided by Seal and Hugh Jackman! But what could be more entertaining than a 35-carat engagement ring!