Elle Macpherson `engaged to billionaire beau`

Last Updated: Mar 11, 2013, 17:40 PM IST

Melbourne: Elle Macpherson is reportedly engaged to her on-off billionaire boyfriend.

Macpherson, who turns 50 on March 29, and Miami-based real estate developer Jeffrey Soffer, 43, are preparing to walk the isle, a source told Access Hollywood.

The pair dated for two years before breaking up last March. Now they`re back together.

The supermodel businesswoman is set to move to Florida to be with her fiance, News.com.au reported.

This will be the second marriage for both. Macpherson was married to photographer Gilles Bensimon from 1986 to 1989.