London 2012 Olympics Could be Most Expensive Games Ever
Image: telegraph.co.uk
The highly anticipated London Olympics will take place this summer and according to a new report, they could be the most expensive games ever.
The Oxford University’s Said Business School report only explored “sport-related costs” and did not take into account infrastructure projects, yet found that the London Olympic Games could easily be the most expensive games ever, totaling £8.4 billion.
The report included costs such as transport, opening and closing ceremonies, security, building the athletes’ village and venue construction. The sum of these high-priced inclusions takes the London Games 101% over its 2004 budget.
The 2008 Beijing Games are often believed to be the most expensive games staged, particularly because of the extensive opening and closing ceremonies, however it reportedly only totaled £3.13 billion, not £22 billion as is often suggested. Due to cheap labor, the Bejing stadium cost approximately 50% of what the London stadium is expected to total.
Source: Independent
Like Haute Living London? Join our Facebook page or follow us on Twitter @HauteLivingUK. Want Haute Living London delivered to your inbox once a week? Sign up for our newsletter.
Related Articles
Lil Yachty Sets Sail With a Bold New Yacht Water Tequila Flavor
Atlanta-born Yacht Water — the premium tequila seltzer co-founded by Lil Yachty, Kevin “Coach K” Lee, and Rachel and Peter Kiley of Sneaky Spirits — is kicking off warm weather season with the launch of its newest flavor: Piña. Clean ingredients, tropical vibes, and 105 calories. This one’s worth reaching for.
9 Living Room Designs Defining Modern Luxury
Discover modern luxury living room trends shaping contemporary interiors through texture, neutral palettes, statement sofas, and material-led design.
CityPlace District Fit Festival Sets Attendance Record in West Palm Beach
CityPlace District Fit Festival draws record crowds in West Palm Beach with workouts, DJs, wellness activations, and 20,000 visitors.
A Night in Honor of Georgina Bloomberg
An intimate evening at Estiatorio Milos West Palm Beach celebrated the equestrian icon and philanthropist gracing the latest cover of Haute Living. Photo Credit: Omar VegaOn a warm South Florida evening, the luminous dining room of Estiatorio Milos West Palm Beach became the backdrop for one of the season’s most refined gatherings. Photo Credit: Omar […]
Luce Divina: The Art of Light, Elevated to Intentional Living
Discover Luce Divina candles, where luxury, mindful design, and artisan craftsmanship create a refined sensory experience for modern living.
Ralph Lauren’s New Major League Baseball Collection is a Home Run
A continuation of its ongoing partnership with Major League Baseball, Ralph Lauren has dropped a small collection celebrating six iconic teams.
Latest Stories
Trending Articles
Related Articles
Lil Yachty Sets Sail With a Bold New Yacht Water Tequila Flavor
Atlanta-born Yacht Water — the premium tequila seltzer co-founded by Lil Yachty, Kevin “Coach K” Lee, and Rachel and Peter Kiley of Sneaky Spirits — is kicking off warm weather season with the launch of its newest flavor: Piña. Clean ingredients, tropical vibes, and 105 calories. This one’s worth reaching for.
9 Living Room Designs Defining Modern Luxury
Discover modern luxury living room trends shaping contemporary interiors through texture, neutral palettes, statement sofas, and material-led design.
CityPlace District Fit Festival Sets Attendance Record in West Palm Beach
CityPlace District Fit Festival draws record crowds in West Palm Beach with workouts, DJs, wellness activations, and 20,000 visitors.
A Night in Honor of Georgina Bloomberg
An intimate evening at Estiatorio Milos West Palm Beach celebrated the equestrian icon and philanthropist gracing the latest cover of Haute Living. Photo Credit: Omar VegaOn a warm South Florida evening, the luminous dining room of Estiatorio Milos West Palm Beach became the backdrop for one of the season’s most refined gatherings. Photo Credit: Omar […]
Luce Divina: The Art of Light, Elevated to Intentional Living
Discover Luce Divina candles, where luxury, mindful design, and artisan craftsmanship create a refined sensory experience for modern living.
Ralph Lauren’s New Major League Baseball Collection is a Home Run
A continuation of its ongoing partnership with Major League Baseball, Ralph Lauren has dropped a small collection celebrating six iconic teams.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events