Is Janet getting hitched?

If you believe the rumors, the answer is YES! According to reports, the singer and her billionaire businessman beau Wissam Al Mana are planning a lavish $24 million wedding!

Although the Grammy winner stayed mum on the subject when we caught up with her jetting out of LAX yesterday, insiders are claiming a huge bash is definitely in the works!

"They have tenatively set a late 2013 wedding date. They are still working out the details and the exact day," a source recently told The National Enquirer.

The couple are said to be flying in 500 of their closest friends and family for the nuptials, and Wissam is said to be gifting each guest with a $10,000 Rolex watch. Talk about swanky!

"Wissam is going to splash big when he marries Janet. It's going to be the wedding of the century," the source added.

Miss Jackson is notoriously guarded with her private life, so we don't expect her to confirm the happy news anytime soon!