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Sorry, Nick Cannon! Mariah Carey Is Happy To Have A Boyfriend With Lots Of His Own Money!

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Oct. 13 2015, Published 5:23 p.m. ET

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Mariah Carey’s smile is certainly a lot bigger these days, and it has everything to do with her billionaire boyfriend, James Packer. Though her estranged husband Nick Cannon had quite a notable net worth, James has a lot more, which is a huge plus for the diva!

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“Although Mariah does not need him for his money, the fact that he has his own money, and lots of it, is a huge bonus,” a source tells RadarOnline. Mariah certainly does not need help in the money department, as she has a net worth of $520 million.

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And though Nick’s pockets are lined quite nicely with a net worth of $20 million, James has a startling net worth of $4.5 billion. He is Australia’s richest boss, with his company, Crown Resorts, making $4.83 billion this year.

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While they’ve only been going out for several months, James already is giving Mariah lavish gifts, including a diamond heart pendant worth $500,000! He’s also taken her and her twins, Monroe and Moroccan, on his super yacht, traveling to Capri and Italy.

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He “is absolutely infatuated with Mariah,” an insider tells Radar. And Mariah is equally invested in the magnate. “After what Nick put her through, she is just in a really great place and feels so blessed to have found a man who loves her for her.”

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While the reason for Nick and Mariah’s breakup was never disclosed, there were numerous rumors that Nick cheated on the beauty and that she did not like how he spoke publicly about their sex life. What are your thoughts on Mariah’s new love? Let us know in the comments section below.

PHOTOS: Nick Cannon Writing A Tell-All About Marriage To Mariah Carey!

PHOTOS: How Mariah Carey Is Handling Her Split From Nick Cannon

PHOTOS: Mariah Carey And James Packer Show Major PDA

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