Singer, Mariah Carey might have lost her billionaire businessman’s fiancé, James Parker. Parker reportedly dumped Carey over extravagant spending, and alleged misunderstanding over her new Reality TV show, 'Mariah’s World'.


Woman’s Day Magazine reports that a family friend, who leaked the information said Parker no longer want the $10 million engagement ring he gave to her.

The billionaire has instructed that his extravagant estranged wife-to-be to keep the ring.