Film star Elizabeth Taylor, rumored to be engaged to millionaire Malcolm Forbes, waved at reporters as she arrived in a private jet to attend a ballooning festival at Forbes' Normandy, France, chateau. Taylor, dressed in black pants and a black-and-white checkered blazer, flew to Caen aboard Forbes' plane on Friday. The millionaire, who has denied the marriage rumors, met her at the airport. On Sunday, Taylor will attend the celebrity-studded 13th international ballooning festival at Forbes' Balleroy castle. Forbes, owner of Forbes magazine, has led trips by balloon and motorcycle across a number of countries, including China and Japan.