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
Haute Living + The Dalmore Celebrate Mr Brainwash at Marea Beverly Hills
Haute Living and The Dalmore hosedt an intimate dinner at Marea Beverly Hills celebrating Mr Brainwash’s Haute Living cover.
Bvlgari Hotel Paris: Roman Glamour, Perfectly Placed in the City of Light
An in-depth hotel review of Bvlgari Hotel Paris, exploring its design, dining, spa, service, and why it stands apart in the Golden Triangle.
MM100 An Evening Honoring Marilyn Monroe at Sofia During Art Basel Miami
A Centennial Moment During Art Basel During Miami Art Basel, Haute Living and Authentic Live unveiled MM100, the official Marilyn Monroe Centennial Kick Off, presented by Velocity Black. Hosted on Friday, December 5, the evening welcomed around 250 guests for an immersive celebration honoring one of the most iconic figures in cultural history through the […]
The Mrs. Clause at PIRAÑA London Has a Serious Bite
Spiced, seductive, and festive, the Mrs. Clause cocktail at PIRAÑA London is Mayfair’s must-sip of the season—our Cocktail of the Week pick.
The Longevity Aesthetic: Inside the Mind of Patricia Fisas and the Future of Ageless Wellness
In a beauty landscape suddenly obsessed with “longevity,” Natura Bissé occupies a singular position: not as a trend-driven newcomer, but as an unconscious pioneer, quietly formulating for skin longevity decades before the concept became a cultural fixation. Long before biohacking entered the mainstream and wellness investors declared lifespan the new luxury frontier, the Barcelona-born house […]
Our Haute Jewelry Gift Guide For Him & Her
Discover the best jewelry gifts guide this season, from pinky rings to statement watches, perfect for stylish holiday gifting.
Latest Stories
Trending Articles
Related Articles
Haute Living + The Dalmore Celebrate Mr Brainwash at Marea Beverly Hills
Haute Living and The Dalmore hosedt an intimate dinner at Marea Beverly Hills celebrating Mr Brainwash’s Haute Living cover.
Bvlgari Hotel Paris: Roman Glamour, Perfectly Placed in the City of Light
An in-depth hotel review of Bvlgari Hotel Paris, exploring its design, dining, spa, service, and why it stands apart in the Golden Triangle.
MM100 An Evening Honoring Marilyn Monroe at Sofia During Art Basel Miami
A Centennial Moment During Art Basel During Miami Art Basel, Haute Living and Authentic Live unveiled MM100, the official Marilyn Monroe Centennial Kick Off, presented by Velocity Black. Hosted on Friday, December 5, the evening welcomed around 250 guests for an immersive celebration honoring one of the most iconic figures in cultural history through the […]
The Mrs. Clause at PIRAÑA London Has a Serious Bite
Spiced, seductive, and festive, the Mrs. Clause cocktail at PIRAÑA London is Mayfair’s must-sip of the season—our Cocktail of the Week pick.
The Longevity Aesthetic: Inside the Mind of Patricia Fisas and the Future of Ageless Wellness
In a beauty landscape suddenly obsessed with “longevity,” Natura Bissé occupies a singular position: not as a trend-driven newcomer, but as an unconscious pioneer, quietly formulating for skin longevity decades before the concept became a cultural fixation. Long before biohacking entered the mainstream and wellness investors declared lifespan the new luxury frontier, the Barcelona-born house […]
Our Haute Jewelry Gift Guide For Him & Her
Discover the best jewelry gifts guide this season, from pinky rings to statement watches, perfect for stylish holiday gifting.
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