Updated

Mariah Carey opened up for the first time about her engagement to businessman James Packer in an interview with E! News on Monday, gushing about the proposal and her now-fiance, whom she calls “an exceptional person.”

"I'm feeling fantastic, better than ever," Carey, 45, gushed. "I am so grateful for my life. I have love, laughter and life, and everything.”

WATCH: Mariah Carey Is Engaged to Billionaire James Packer

Click here to subscribe to FOX411’s YouTube channel

Carey described Packer’s proposal, which took place in her New York hometown on Jan. 21 as “very romantic,” and couldn’t help but marvel over the epic 35-carat diamond ring that the Australian billionaire gave her when he popped the question.