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Janet Jackson And Billionaire Wissam Al Mana Engaged: Eager For Kids And To Start A Family

By Staff Reporter | Dec 26, 2012 05:40 PM EST

Janet Jackson says yes! Darling Qatari billionaire Wissam Al Mana, whom Jackson has dated since 2010, popped the big question and, according to Us Weekly, presented a diamond ring so dazzling that Janet "keeps it locked up" because she's too afraid to lose it.

How expensive is the ring? As a reference, Wassam Al Mana is the billionaire managing director of Al Mana Retail, which represents A/X Armani Exchange. What's more, he's also a shareholder of Saks Fifth Avenue.

According to sources, the wealthy businessman is sparing no expenses for the big day. Scheduling a spring ceremoney in Qatar, Wassam "is flying in all of Janet's friends and family on private jets."

As for the ceremony itself? We kid you not: insiders are calling it 'a circus.' Sparing no expenses, Wassam Al Mana will hire a top chef to craft a custom menu. All in all, the wedding will cost a staggering $20 million.

According to sources, both Janet Jackson and her beloved are eager to start a family as soon as possible. However given the 46-year-old's age, insiders say, "If she can't have them, she will adopt."

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