The huge sparkler, widely reported to be worth $10 million, was part of the financial settlement the diva made in 2017 after her split 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 told me. “That requires leaving emotional and material baggage behind, including an old engagement ring from an ex-boyfriend.”
A source said Carey had one of her business managers quietly sell the ring for $2.1 million to a Los Angeles jeweler. An insider in Carey’s camp, said the ring was worth way less than $10 million.