It would be the best thing that happened to her in awhile!

Tara Reid is rumored to be engaged to Michael Axtman, a German billionaire and internet entrepreneur.

The wacktress has been showing off a humongous pink diamond ring on her finger further fueling the rumors of an engagement.

The couple has been spotted getting cozy together in both St. Tropez and Germany.

A billionaire?! And he's handsome, too!

Some girls have all the luck!

[Image via Fame Pictures.]