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Olsen, 27, and Sarkozy, 44 — half-brother of former French president Nicolas Sarkozy — first stepped out together in 2012.
Since then, they've been a frequent presence at basketball games in New York City, where they live together in a .25 million townhouse.
The couple has two kids together, 12-year-old Julien and 10-year-old Margo.
Sources say Mary-Kate Olsen has gotten along very well with Sarkozy’s kids. She remembers all the kids’ special events,” one source told star has become an acclaimed fashion designer, and recently announced that she is giving up acting for good.
A source confirmed the engagement to The couple has been a fixture on the New York City social circuit, hitting up New York Knicks games and fashion events since they first stated dating in 2012.
The 44-year-old Sarkozy is a French banker who has been married once before to Charlotte Bernard.
“We were always hard workers as kids,” Mary-Kate said last year. Our work ethic was everything, and that never left us.
Mary-Kate Olsen is engaged to marry her boyfriend of nearly two years, French banker Olivier Sarkozy, sources confirm exclusively to Us Weekly.You may know Olivier, who is a French banker, as the half brother of former French president Nicolas Sarkozy.PHOTOS: Check out the latest pics of Mary-Kate Olsen Mary-Kate and Olivier first went public with their relationship in 2012.News their family planned to get together for Thanksgiving."It's gonna be a family thing," she said, speaking after the announcement of the Film Independent Spirit Awards nominations.
"Yeah, I'm really really excited and I've lived in New York for 8 years and I've left recently, so I'm really excited to go back and have some seasonal weather."Mary-Kate and Olivier began dating in 2012 and sparked engagement rumors when Mary-Kate stepped out wearing a giant ring on her ring finger in early 2014.
Mary-Kate Olsen is ready to walk down the aisle after boyfriend Olivier Sarkozy popped the question.