Mariah Carey and James Packer are Engaged -- Exclusive Details!

Mariah Carey and James Packer are engaged!

The Australian billionaire proposed to Mimi this evening during a private dinner at Eleven Madison Park in NYC with a vintage-inspired 35 carat engagement ring — which will only add to her already extensive diamond collection.

While no wedding date has been set, the happy couple is already eyeing Polynesian island Bora Bora as their Summer wedding destination. They also have tentative plans to buy (or build) a house together in Los Angeles.

This will be the third marriage for both. As you know, Mariah is mom to 4-year-old twins, son Moroccan Cannon and daughter Monroe Cannon. James has three children: Indigo Packer, 7, Jackson Packer, 5 and Emmanuelle Packer, 3.

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