BREAKING: Mariah Carey Dumped By Billionaire Fiancé?

Reports reveal that Mariah Carey was dumped by billionaire fiancé James Packer – who allegedly grew tired of enduring her “luxurious spending” and newly discovered love for reality TV, according to several sources.

The Australian casino mogul officially called it quits this week after being engaged to the singer for less than a year, according to Woman’s Day.

“It’s all over,” a family friend told the magazine.

“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,” they said, including that her spending sprees had likewise assumed a noteworthy part in their split.

“James is very generous, but Mariah takes it to the next level,” said another source.

Packer was so unyielding on leaving Carey – who is set to star in Mariah’s World on the E! Channel – that he supposedly let her keep the $10 million diamond engagement ring he gave her when he proposed in January.

Things clearly got ugly as of late after an altercation over a birthday gathering that Carey did not go to.

“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.”

All through their engagement, Carey and Packer remained generally tight lipped regarding their wedding plans – saying they were considering on having a simple ceremony, reports Page Six.

There have been rumors for quite a long time now that their relationship was actually on the ropes, with a few people indicating her late cancelation of her South American tour as verification.

“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.

As of the moment, the singer is said to be getting along with her ex husband Nick Cannon while Packer has swung for support from his first spouse, fashion designer Jodhi Meares, since the split.

Photo: Facebook/MariahCarey