Analyzing the Expenses of Jeff Bezos and Lauren Sánchez's Wedding.
The cost of Jeff Bezos and Lauren Sanchez's wedding will be high. With celebrities like Kim Kardashian and Oprah Winfrey among their guests, the billionaire Amazon entrepreneur and his fiancée are going all out for their days-long Venetian wedding, which has already included a foam party on his $500 million superyacht.
Luca Zaia, the president of the Veneto regional government, which oversees the city of Venice, told reporters on June 24 that he anticipates the couple would pay between €40 and €48 million, or around $46.5 and $55.6 million in the US, to cover the costs of the wedding and all associated expenses, according to Reuters.
What exactly goes into the overall amount of the bill? Numerous indulgences and philanthropic contributions are part of the solution.
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According to Reuters, Bezos, whose estimated net worth is $238 billion, according to Bloomberg, is set to donate €1 million ($1.2 million USD) to the Italian daily Corriere della Sera and CORILA, an academic institution that investigates and preserves Venice's lagoon ecosystem.
Bezos and Sánchez will also donate on behalf of the guests, which also include Leonardo DiCaprio and Ivanka Trump, to the Venice International University to "support research and education for sustainable solutions" and the UNESCO Venice Office to "protect this city's irreplaceable cultural heritage," according to the couple's wedding invitation that was obtained.
In addition to their charity donations, the couple has rented 30 water taxis, 90 private planes, and the whole of five upscale hotels, including the Cipriani, where George and Amal Clooney were married in 2014, according to Reuters.
The primary celebration is anticipated to take place on June 28 at the Arsenale, a historic naval yard in Venice that dates back to the 12th century, however specifics of the ceremony have not yet been made public.
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