Venice expects to rake in over $1.1 billion from Bezos-Sanchez wedding | CNN Business

CNN  — 

Venice, Italy, can expect to reap a $1.1 billion reward from Jeff Bezos and Lauren Sanchez’s controversial, star-studded wedding, according to Italy’s Tourism Ministry.

The ministry said Friday that the event, which has been met with fierce pushback from some Venetians, could provide a boost of almost 68% of the city’s annual tourism turnover.

The three-day wedding, reportedly costing up to $55 million, has kept Venice hotels and other businesses busy.

Despite the economic boost, protesters have rallied against the nuptials of Bezos, the founder of Amazon and the

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