Royal wedding: Prince Harry and Meghan Markle’s nuptials to reportedly cost £32m

Royal wedding: Prince Harry and Meghan Markle’s nuptials to reportedly cost £32m

Prince Harry of England has walked down the aisle with his actress wife, Meghan Markle. Their wedding has been discussed with a frenzy all over the world. But little is known about how much the wedding will cost, until now.

Several sources have given their expectations on how much the wedding will cost, below is a breakdown of reported expenses of the nuptials.

Luxury wedding planner Aimee Dunne told CNBC Make It she estimates that, before security, the wedding of Prince Harry and Meghan Markle will cost $2.7 million (£2 million).

Royal wedding: Prince Harry and Meghan Markle’s nuptials to reportedly cost £32m

Prince Harry and Meghan Markle attend a Terrence Higgins Trust World AIDS Day charity fair at Nottingham Contemporary on December 1, 2017. (Photo by Max Mumby/Indigo/Getty Images)

A whopping $40.1 million (£30 million) more will be dished out on keeping the betrothed and their guests safe, reports U.K. wedding site Bridebook. This means the nuptials will cost £32million (N15.5bn).

Food and beverage: $680,000

With 600 guests attending both the lunch and dinner receptions, plus 2,640 guests from the public who will be provided with tea and a hot snack on the grounds of Windsor Castle, Dunne expects the food and beverage to amount to a quarter of the total budget.

Glass marquee: $400,000

While the Prince and soon-to-be Duchess don't have to pay to rent out St. George's Chapel or the Great Hall, there are rumors that the royals are building a glass marquee for the reception. The construction and delivery could cost as much as $400,000, according to Dunne.

Dress: $270,000

The latest front runner in the question of what Markle will wear on her wedding day is a dress from Ralph & Russo. They previously supplied Markle with the dress she wore during her official engagement photo shoot.

The Telegraph reports that the dress will cost in the ballpark of $135,000, but Dunne expects it to be as much as $270,000.

Flowers: $130,000

Given the size and scale of the wedding, hiring a team of florists to decorate Windsor Castle will be costly. "It will be tasteful. I don't think it's going to be overly kind of glam and wasteful in terms of what they spend," says Dunne, "but even in that case ... they could easily spend £100,000 on flowers."

The rest of the budget

Other considerable expenses include entertainment. "The music will be under the direction of James Vivian, director of music, St. George's Chapel, including the Choir of St. George's Chapel, and a selection of choral groups, soloists and musicians," Kensington Palace announced.

So far, Karen Gibson and The Kingdom Choir and 19-year-old cellist Sheku Kanneh-Mason are confirmed performers for the wedding service. There are also rumors circulating that stars such as Elton John, the Spice Girls, Ed Sheerhan and Adele could perform, reports GQ.

As for the couple's wedding rings, the bands are reportedly made out of their Welsh gold, reports Bridebook.

Markle's engagement ring was designed by Harry himself using a central diamond from Botswana and two flanking diamonds that belonged to his late mother, Diana, Princess of Wales. Experts estimate the ring could be worth as much as $350,000.

Where is the money coming from?

The royal family announced that it will pay for the "core aspects of the wedding," which include the "church service, the associated music, flowers, decorations and the reception afterwards." Markle is reportedly expected to pay for her wedding dress herself.

The cost of security, including snipers on rooftops and a counter-UAV system, will top $40 million, Bridebook estimates, and is expected to be borne largely by British taxpayers.

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Source: Yen

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