The Real Housewives of New York alum, 50, who was spotted flaunting a massive diamond ring while frolicking on the beach in Boca Raton, Fla., on March 20, has been given carte blanche from her movie producer fiancé, 43, "to spend whatever she wants," spills the insider. "She's thinking 50,000 roses, champagne, gilt-edged glasses, a garden setting with fountains, dancers and a choir."
The Skinnygirl founder, who finalized her divorce from Jason Hoppy last January, "wants the event to be perfect and expects the best of everything," adds the insider. "This wedding is going to set them back at least $10 million."
During a chat with Paris Hilton for her podcast "This Is Paris," Frankel revealed that she “was literally there because of the money” and that Bravo offered her "a number I couldn't refuse" for her return to the seventh season. She also said that her contract was based on her own terms and that she could even work on different projects at the same time.
Her businessman beau must also earn a pretty penny, as experts previously told OK! that Frankel's engagement ring was worth a fortune. "Depending on the quality of the stones, we believe this ring is easily over $400,000,” said Tonia Zehrer, senior vice president and chief merchandising officer at Signet, parent company to some of the largest jewelry retailers in the world such as Kay, Zales and Jared.
“Fancy cut stones are definitely continuing to trend, especially amongst VIPs," added Zehrer. "This gorgeous three-stone sparkler is approximated to be a 6-7 carat emerald-cut center stone accented by 2-3 carat trapezoid diamonds in a classic platinum band setting for a total of 10-12 carats."