James Packer, co-chairman of Melco Crown Entertainment Ltd., right, and singer Mariah Carey stand for photographs at the red carpet event prior to the opening ceremony of Studio City casino resort, developed by Melco Crown Entertainment Ltd., in Macau, China, on Tuesday, Oct. 27, 2015. Studio City is the latest test of the former Portuguese colony's ability to attract visitors wanting to play on more than gaming tables and slot machines.

Justin Chin/Bloomberg via Getty Images

The Australian business mogul popped the question with a 35-carat diamond ring. (Yes, 35 carats!)

Lauren Porter
Jan, 22, 2016

Mariah Carey is headed down the aisle!

The "We Belong Together" Grammy-winnnig singer is engaged to her Australian business mogul man James Packer, E! News reports. Carey and Packer began dating after meeting in Aspen at a Hercules premeire in 2014.

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Packer popped the question in New York with a beautiful 35-carat-diamond ring!

This is the third marriage for both Carey and Packer.

Carey was married to former manager Tommy Motola from 1993-1997. She and actor Nick Cannon married in 2008 and welcomed twins before their separation in 2014. Packer has three children from his marriage to Erica Baxtor which lasted from 2007-2013.

Congrats to the happy couple!