Fact Check: Bezos wedding in Venice expected to cost between $20 million and $30 million.

Fact Check: "Bezos wedding in Venice expected to cost between $20 million and $30 million."

What We Know

Jeff Bezos and Lauren Sanchez are set to marry in Venice, Italy, with various reports estimating the cost of the wedding celebrations. Initial estimates suggested a range of $10 million to $20 million for the three-day event, with some sources indicating that costs could potentially reach as high as $21.5 million (as reported by The New York Times). The wedding is expected to host around 200 guests, with significant expenses attributed to the luxurious venue and services, including the use of Bezos's yacht, Koru, for the ceremony (Fox Business).

Analysis

The claim that the wedding will cost between $20 million and $30 million is Partially True. While several sources, including Fox Business and CNN, suggest that the estimated costs are more likely to be in the range of $10 million to $20 million, there are mentions of higher estimates that approach $21.5 million (The New York Times). However, there is no substantial evidence or credible reporting to support the upper limit of $30 million.

The reliability of the sources varies; for instance, The New York Times and Fox Business are reputable news outlets known for their journalistic standards, while the Daily Mail is often criticized for sensationalism, which could affect the credibility of their reporting. The estimates provided by these sources appear to be based on speculation and anonymous sources, which can introduce uncertainty into the reported figures.

Conclusion

The claim that Bezos's wedding in Venice is expected to cost between $20 million and $30 million is Partially True. The more credible estimates suggest a range of $10 million to $21.5 million, with no strong evidence to justify the upper limit of $30 million. Thus, while the claim has some basis in reality, it is exaggerated.