Fit for a Diva! See Mariah Carey’s Massive 35-Carat Engagement Ring From Billionaire James Packer

View photosJames Packer and a beaming Mariah Carey showing off her ring following the proposal. (Photo: Splash News)This is what an engagement ring from a billionaire looks like.Mariah Carey accepted a proposal — and a hulking, 35-carat diamond — from Australian businessman James Packer on Thursday and we can bet that it’s got her feeling emotions deeper than she ever dreamed of. The songstress flashed the bling soon after, while walking down the street with the mogul in NYC, but we have an even better look at it.

View photosThe massive 35-carat ring came from jeweler Wilfredo Rosado, who has been friends with Mariah for 25 years. (Photo: Wilfredo Rosado)Let’s hope she was accompanied by an army of bodyguards during that street stroll because that is one expensive ring. Vogue reports that it’s the size of Kim Kardashian and Beyoncé’s engagement rings combined. Yeah.The ring — featuring two small baguettes next to the massive center stone — was created by Carey’s jeweler friend Wilfredo Rosado, who said he “took the standards super high” when creating the piece that “could not be measured up to.” It took an “army of craftsman,” including an expert who is used to working with that large of a diamond, and the job was completed in two weeks with the team working 12-hour days.There is a small empty space on the back of the ring where Packer plans to engrave a sentiment.“I really wanted to create something for her that was about new beginnings,” Rosado told the mag. “But it is epic. It’s an epic ring for an epic time in her life.”According to TMZ, the engagement took place on Thursday when Packer — who has been marriedtwice and is the father of three children — secretly rounded up some of her closest friends for a dinner at Eleven Madison Park, which is known for its over the top flares, including one dish emerging from a dome of smoke. It was there that he popped the question in front of her nearest and dearest.Mariah, who is mom to twins Monroe and Moroccan from her second marriage to Nick Cannon, started dating Packer last spring. See how their globe-trotting, whirlwind romance unfolded in photos.