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According to Forbes the businessman is worth a staggering .6 billion and is Australia's fourth richest person.
Mariah, who is worth an estimated 5 million herself, was said to be holidaying in Italy on Packer's yacht.
Mirror Celebs have contacted reps for Mariah Carey for comment.
Though Mariah Carey is rich as hell on her own, reports indicate she was made to feel like a "gold digger" during prenuptial negotiations with billionaire fiancé James Packer.
He was apparently dating former Victoria's Secret model and close friend Miranda after her split from actor Orlando Bloom.
The singer was spotted hand-in-hand on a stroll while on holiday in Italy with one of the wealthiest men in the world.
She was also reportedly angry at being offered only million per year when she earns that much "in 45 minutes for a private performance." Related: Nick Cannon Explains His Co-Parenting With Mariah The contract was later amended to offer the singer million per year (up to million) and the use of a single private jet for herself, her staff, and her children.
The singer is seen in her latest music video for Infinity swiping through matches in the New York area.
Her profile says she she likes to cook as well as watch movies and videos, and shows her in full glamour mode in her profile picture.
The Hero singer has been single since her split from husband Nick Cannon last year, but was seen looking happy with her rumoured new boyfriend.
The 45-year-old diva, who was recently said to be dating longtime friend Brett Ratner, has struck up a romance with Aussie James Packer according to reports by TMZ.