A close family friend confirmed, "It's all over. James had huge reservations about Mariah's new reality TV show and the fact that she was willing to expose their lives to the world."Packer's family and friends were not shocked by the news as they allegedly had reservations about the relationship since its beginning, when James began to woo the singer in Las Vegas.
Carey allegedly refused to attend Packer's sister's 50th birthday in Sydney earlier this year, which added to the tension with the family. His mother, Ros Packer, also struggled to connect with the singer.
According to sources, the 49-year-old billionaire is allowing his 46-year-old ex-fiancé keep the $10 million diamond engagement ring, which he gave her in January!