A Russian Oligarch just spent $1 Billion on his son’s wedding:

Russian energy tycoon Mikhail Gutseriev’s son Said married his girlfriend Khadija Uzhakhovs during the weekend in a lavish ceremony that reportedly cost $1bn (£700m). The wedding, at Moscow’s upscale Safisa restaurant, was attended by around 600 guests and saw Sting, Jennifer Lopez and Enrique Iglesias among others perform.

The bride reportedly wore a $374,000 gown, which was bedecked with precious stones, imported from Paris and weighed in at 25kg. Her pricey wedding gown was matched with a handbag, diamond tiara and pendant.

Gutseriev, who was ranked the 38th richest person in Russia by Forbes in 2015, flew in the who’s who of the music world to perform at his son’s wedding. Gutseriev is estimated to be worth $6.2bn, and his assets include oil company Russneft besides K Neftisa, OAO Russian Coal and others.

This is simply obscene.