Mariah Carey is reportedly dating Australian billionaire James Packer.

The Always Be My Baby singer became a single woman after officially separating from estranged husband Nick Cannon in 2014.

And TMZ claims she is now dating 47-year-old businessman James, who is the fourth wealthiest man in the whole of Australia.

The website obtained a picture of the pair holding hands while ambling in Capri, Italy together on Friday June 19.

It's claimed they are currently staying on James' luxurious yacht and a source tells the outlet the pair are planning on enjoying 'an extended vacation' together.

Apparently they will be sailing to Cannes and St. Tropez after their visit to Capri.

It's believed Mariah and James were introduced by her good friend Brett Ratner, the Hollywood director behind movies such as Rush Hour and X-Men: The Last Stand.

'James has been aggressively pursuing Mariah for months, and he succeeded,' TMZ writes.

James has an estimated net worth of $4.7 billion US dollars as of 2015, according to Forbes Asia. He was married twice before and shares three children with his second ex-wife Erica Baxter, who he divorced from in 2013 after six years of marriage.

Mariah, 46, is mother to four-year-old twins Moroccan, 'Roc' for short, and Monroe, who she shares with her ex Nick. But the tykes were not spotted on their mother's date with billionaire James.

Mariah didn't grow up wealthy and the songstress has previously spoken about how much she desires for her kids to prosper in the future.

'I just want my children to have everything that I never had, [but] now they want everything and more!' she quipped during an interview on Live with Kelly and Michael on Friday.