Stunning! Check Out Mariah Carey’s $7.5 Million Engagement Ring [Photos]

Mariah Carey and James Packer stepped out to their engagement party last night shortly after James got down on one knee and proposed.

It was hard for anyone to miss that massive 35 carat diamond ring on her finger. The Emerald cut stone is estimated to be worth $5 million on its own, with the ring as a whole worth an estimated $7.5 million.

It’s certainly a show-stopper, isn’t it?