'It's all over': Billionaire James Packer 'DUMPS' fiancée Mariah Carey over 'excessive spending' but insiders claim she's KEEPING the $10million engagement ring

James Packer has called it quits with fiancée Mariah Carey, according to a new report. According to Australian publication Woman's Day , the billionaire casino don, 48, dumped the 46-year-old pop-star over her 'extravagant spending' as well as a falling out over her new reality TV show, Mariah's World. 'It's all over,' a family friend allegedly confirmed to the publication this week.