Mariah Carey reportedly dumped by billionaire fiancé

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Mariah Carey and James Packer have reportedly thrown in the towel.

Packer was apparently tired of Carey’s “extravagant spending” as well as her passion for reality TV.

“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,” a source told Woman’s Day.

The source specifically blamed her recent spending spree for the break, saying, “James is very generous, but Mariah takes it to the next level.”

Packer reportedly even let Carey keep the $10 million engagement ring, which he gave her in January.

Apparently, their relationship had been showing some strain in recent months when Carey didn’t come to a family birthday party. “When she refused to come to Australia for [Packer’s sister’s] birthday party it created a lot of tension in the family,” a friend said. “His mom hated to even hear her name mentioned, and James’ tight circle of friends never really thought they would marry.”

The two have been rumored to be having relationship problems since Carey cancelled her South American tour.

“To all of my lambs in South America, I am devastated that a portion of this tour had to be cancelled. Thank you for all of the excitement and love – I hope to see you soon, my darlings,” Carey said in a statement to E! News.