Michelle Mone is said to be 'over the moon' after confirming her engagement to billionaire Doug Barrowman on Wednesday.
The 47-year-old Ultimo lingerie founder revealed she and her beau are set to wed in a sweet Instagram post, after Doug got down on one knee at their London home and proposed with a stunning eight carat diamond ring.
Michelle shared the news in a stunning snap as she cut a glamorous figure alongside her businessman boyfriend, 53, with the blonde beauty adding a ring emoji across her photo and the caption: 'I said yes.'
Set to wed! Michelle Mone has confirmed her engagement to billionaire Doug Barrowman
Clearly thrilled by her partner's proposal, Michelle is seen beaming in her Instagram upload while cuddling up alongside Doug - who she first met at a business dinner - in front of their Christmas tree.
She is seen clad in a sophisticated black dress that boasted a sultry keyhole cut at the chest. Leaving her blonde locks down in glamorous curls, Michelle sported a glamorous make-up look.
Doug, meanwhile, was suited and booted in black and white tux and bow-tie.
A source close to the star told MailOnline: 'Doug proposed to Michelle in their London home over the Christmas period. They are just over the moon, as are their friends and family.
'The ring is a stunner, it’s an eight carat diamond flawless so it’s pretty special! They’re so in love - it is amazing to see.'
Congrats! The 47-year-old Ultimo lingerie founder revealed her engagement in a sweet Instagram post she shared with fans on Wednesday
Lovely: Michelle was clad in a sophisticated black dress that boasted a sultry keyhole cut at the chest, while Doug was suited and booted for the memorable occasion
Michelle and Doug - who is believed to own 50 businesses - have been dating for the last two years and currently live together.
He is the founder and Chairman of Knox Group of Companies - an independent, dynamic group of businesses with assets under management and administration approaching £3billion.
It offers wealth planning, investment sourcing and fiduciary services to both corporate and personal clients, along with asset management, financial and family office services to an expanding client base.
Posing with her husband-to-be, Michelle kept fans guessing when it came to her engagement ring, as she hid her left hand from view.
This will be Michelle's second marriage, as she was previously wed to ex-husband Michael Mone. They share three children; Rebecca, Bethany and Declan, and confirmed their separation in 2011.
They had founded lingerie brand Ultimo together, launching it 1999.
Following the breakdown of their marriage, Mone briefly left Ultimo before returning and buying out her former partner. She stayed with the brand until 2015 - resigning after 17 years.
Smitten: She and Doug - who is believed to own 50 businesses - have been dating for the last two years and currently live together
Going it alone: Following the breakdown of their marriage, Mone briefly left Ultimo before returning and buying out her former partner
Go green in an embellished dress like Michelle Mone
Congratulations are in order for Michelle Mone!
And we're not just talking about the engagement - the lingerie mogul deserves a round of applause for her dress sense, too!
Michelle shared a sultry snap of herself looking party ready in a gorgeous green dress by Royal approved fashion label Jenny Packham.
Michelle's dress features exquisite beading, and it's clever paneling flatters her bust and waist.
With New Years' Eve around the corner it's time to pick that party dress, and Michelle has given us serious festive style-spiration.
Click right to snap up Michelle's dress for yourself - it'll remain a wardrobe fave for years to come.
Alternatively get the look for less with our LGD (that's Long Green Dress, FYI) edit below.
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In her autobiography, Mone apologised for the 'woman I became' in the wake of her marriage split, confessing she put her ex-husband's cufflinks in the bin, let down his tyres and cut holes in his boxer shorts.
She also said that on one occasion while she and Michael were still sharing the marital home, she poured cold water on his side of the bed, adding: 'I am sorry for that. Sorry for that woman I became. It wasn't nice at all.'
Now, Michelle lives with Scottish businessman Doug - who owns two superyachts, six homes, 15 cars and a private jet - in his sprawling property on the Isle of Man - moving in with her beau early last year.
Between them the couple have seven children - Doug has four kids from two previous marriages - and Michelle has previously said she believes their devotion to family life and shared passion for business is ultimately what makes them work so well as a couple.
'I think because I’m an entrepreneur and he’s an entrepreneur we’ve hit it off,' she told MailOnline.
Good match: Michelle has previously said she believes her and fiance Doug's devotion to family life and shared passion for business is what makes them work so well as a couple
Content: She told MailOnline: 'We have great conversation. He makes me laugh, I make him laugh – I don’t know how, but I do – and we just have so much fun together'
'When we get back from the office there’s so much to talk about, and it’s not just chit chat.
The Baroness added: 'We have great conversation. He makes me laugh, I make him laugh – I don’t know how, but I do – and we just have so much fun together.
'We’re both really into our families, and we’ve become a family, which is lovely.'
According to BANG Showbiz, she added of their romance in a separate interview: 'My mum told me, "You won't find love if you're looking for it", and honestly, it was the last thing I was looking for.
'But as you get older, you realise what you want from a relationship and I couldn't deny there was a true connection. I feel like I'm in a fairytale, a beautiful dream I don't ever want to wake up from.
'In every way, I came to see that I'd met my match in this amazing man and no one has ever made me feel as cherished or respected.
Moving on: Michelle lives with Scottish businessman Doug - who owns two superyachts, six homes, 15 cars and a private jet - in his sprawling property on the Isle of Wight
'Everything about our life together feels so natural, we have fun and laugh so much, we have the same outlook and drive. Even our kids could see it was meant to be.'
Michelle splits her time between the Isle of Man, London and the South of France.
Just before Christmas, Michelle had put her five-bedroom Scottish mansion - she used to own with ex Michael - up for sale, as she no longer wants a base in Scotland.
The Glaswegian entrepreneur put her South Lanarkshire home on the market for an 'offers over' price £100,000 less than she paid for it.
She initially bought the property with her former husband in 2008 for £1.5m. The bra mogul took full ownership in 2015 after a tussle for the property following the couple's split in 2011.
Within the property, which Mone described as her 'dream home', is a 26ft lounge, a 36ft family dining kitchen complete with stainless steel fittings and a cinema which boasts reclining leather seats.
There is also a bar converted from a former triple garage, as well as an entertainment system which extends throughout the home.
New start: Just before Christmas, Michelle had put her five-bedroom Scottish mansion - she used to own with ex Michael - up for sale, as she no longer wants a base in Scotland
Security at the property - which also features five en-suite bedrooms - includes panic buttons and a CCTV system that can be monitored by smartphone from anywhere in the world. There are also his-and-her's basins in the main bathroom.
Michael Jones, a partner at estate agents Knight Frank, told a newspaper he believes Mone wants to concentrate on her business in the UK capital, stating: '[Michelle#s] main base is in London. She has business interests worldwide so the house is surplus to requirements.
'It would be nice to think it might command a bit more than the asking price.
'It might have been marketed as a higher price in the past, but it did not sell at that. It has been kept immaculately and has been used very little.'
Michelle was awarded an OBE for her outstanding contribution to business in 2010.
In 2015, she was made a Conservative life peer by David Cameron. She was admitted as the former PM's business tsar and became Baroness Mone of Mayfair.
Success: Michelle was awarded an OBE for her outstanding contribution to business in 2010 and became Baroness Mone of Mayfair five years later
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News Pictures Michelle Mone EXCLUSIVE: Bra tycoon 'over the moon' as she gets engaged to beau Doug Barrowman
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