Mariah Carey has moved on from Nick Cannon, and following in the footsteps of fellow diva Janet Jackson, Mimi has bagged herself a billionaire boo!

47-year-old James Packer is the fourth wealthiest person in Australia at a networth of $4.6 billion, thanks to the media company he sold and the string of hotels and casinos around Australia and other countries that he now owns.

The pair are now vacationing on James‘ yacht off the coast of Sardina, but during the trip, Mimi had a bit of a wardrobe malfunction – and of course the paparazzi caught it on their cameras ASAP! Check out her nip slip in the gallery.

Marisa Mendez: Twitter || Instagram