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Thu 28 Apr 2011 09:33 AM

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Cashing in: the world’s most extravagant weddings

Wills and Kate might be splashing $16.4m on their big day, but the cost pales next to these couples

Cashing in: the world’s most extravagant weddings
Prince William and Kate Middleton
Cashing in: the world’s most extravagant weddings
Famous couples around the world have been known to blow millions of dollars on their special day
Cashing in: the world’s most extravagant weddings
Prince William and Kate Middleton

The total cost of Prince William and Kate Middleton nuptials on Friday could cost as much as $16.5m but in spite of a global audience of more than three billion people, the event will be a far cry from the world’s most extravagant wedding.

Famous couples around the world have been known to blow millions of dollars on their special day. Take, for example, the wedding of Indian tycoon Lakshmi Mittal’s daughter in 2005. According to Forbes, the bride’s father footed the bill for around 1,000 guests to stay for five days in five-star hotels across Paris. The reception was held at the Palace of Versailles and the 20-page invitations were sent out in silver boxes, costing Mittal an estimated $60m.

Mittal’s not alone. When William’s father Prince Charles married his mother, Lady Diana Spencer, in 1981, it was estimated they spent $70m in today’s money. Diana’s custom made grown, designed by Elizabeth Emanuel, reportedly cost $15,000.

Despite the royal seal of approval, Prince William’s wedding to Kate is expected to take a more low-key approach. Guests will reportedly be arriving by rented buses while the groom has opted for a car rather than the more traditional horse-drawn carriage.

The Middleton family is also playing their part in the cost. The self-made millionaires are footing the bill for the couple’s church service, music, flowers, decoration, reception and honeymoon.

“All parties involved, not least Prince William and Miss Middleton, want to ensure that a balance is struck between an enjoyable day and the current economic situation,” Jamie Lowther-Pinkerton, Prince William’s Private Secretary and the man in charge of organising the wedding, said in a statement.

“To that end, the Royal family and the Middleton family will pay for the wedding - the church service, music, flowers, decoration, reception and honeymoon."

To see how Prince William and Kate Middleton measure up to the world's most extravagant weddings, click here

Source: Forbes

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