15 Most Expensive Victoria’s Secret Lingerie Pieces
Introduction
For over two decades, the Victoria’s Secret Fashion Show captivated audiences worldwide with its extravagant displays of beauty, fashion, and spectacle. At the heart of this annual extravaganza was the Fantasy Bra—a one-of-a-kind, bejeweled lingerie piece that represented the pinnacle of luxury and craftsmanship. First introduced in 1996, these creations were not merely undergarments but wearable works of art, designed by world-renowned jewelers and encrusted with millions of dollars worth of natural diamonds and precious gemstones .
From diamond-encrusted masterpieces to ruby-adorned sets that broke world records, these extraordinary pieces commanded price tags that rivaled luxury homes and fine art. Here are the 15 most expensive Victoria’s Secret lingerie pieces ever created.
1. Red Hot Fantasy Bra – Valued at $15 Million
Topping the list is the iconic Red Hot Fantasy Bra, worn by Gisele Bündchen in 2000. This extravagant design holds the Guinness World Record for being the most expensive piece of lingerie ever made . The red satin bra featured over 1,300 stones, including 300 carats of Thai rubies, and came with matching ruby-adorned panties . With a staggering price tag of $15 million, it remains the most valuable Fantasy Bra in Victoria’s Secret history .
2. Heavenly Star Bra – $12.5 Million
Heidi Klum wore this Mouawad creation in 2001—the first Fantasy Bra to ever grace the Victoria’s Secret runway . The Heavenly Star Bra featured 1,200 Sri Lankan pink sapphires, 2,300 round white diamonds in a wave pattern, and a stunning 90-carat emerald-cut diamond at its center . It was valued at $12.5 million and set the standard for the runway spectacle to come .
3. Sexy Splendor Fantasy Bra – Valued at $12.5 Million
Tied with the Heavenly Star Bra, the Sexy Splendor Fantasy Bra was modeled by Gisele Bündchen in 2005. This Mouawad creation featured a delicate floral design crafted from 18-karat white gold, with over 2,900 pavé-set diamonds weighing 108.37 carats and 22 rubies weighing 38.25 carats . Its centerpiece was the extraordinary 101.84-carat Mouawad Splendour Diamond . The luxurious bra was estimated to be worth $12.5 million, making it one of the most expensive creations in fashion history.
4. Very Sexy Fantasy Bra – $11 Million
Heidi Klum’s third Fantasy Bra in 2003, the Very Sexy Fantasy Bra, was certified by Guinness World Records as the most expensive bra ever made at the time . It featured 2,809 exquisitely cut white diamonds, yellow-orange sapphires, rhodolites, and amethysts, with a 70-carat diamond pendant hanging from its center . The matching panties glittered with 3,236 diamonds and colored stones, totaling 200 carats .
5. Millennium Bra – $10 Million
Heidi Klum wore the Millennium Bra in 1999, a design inspired by the sky to welcome the new century . This platinum-based creation featured over 2,000 diamonds and sapphires . It was valued at $10 million and marked the beginning of Klum’s long association with the Fantasy Bra tradition .
6. Star of Victoria Fantasy Bra – $10 Million
Karolina Kurkova debuted this $10 million Mouawad creation in 2002 at just 18 years old . The bra featured a floral design with 1,150 ruby roses and 1,600 emerald leaves, and was highlighted by a 60-carat Mouawad Mondera diamond at its center . It showcased the craftsmanship of Mouawad with its intricate floral motifs .
7. Royal Fantasy Bra – $10 Million
Candice Swanepoel brought royal regality to the runway in 2013 with this $10 million creation . Set in 18-karat gold, the bra featured more than 4,200 gems including rubies, yellow and blue sapphires, and diamonds . Its centerpiece was a magnificent 52-carat pear-shaped ruby . The bra was designed by Mouawad and is among the most expensive Fantasy Bras ever created .
8. Heavenly ‘70’ Fantasy Bra – $10 Million
Tyra Banks wore this $10 million Fantasy Bra in 2004, featuring 2,900 diamonds set in 18-karat white gold and a 70-carat pear-shaped diamond centerpiece . Over 275 hours of labor went into its creation . Though the show was not televised that year, the imagery remains iconic .
9. Dream Angel Fantasy Bra – $5 Million
Daniela Pestova wore the Dream Angel Fantasy Bra in 1998, valued at $5 million . The bra featured 77 carats of marquise rubies and 330 carats of diamonds set in platinum, creating a beautiful floral mesh pattern . It was among the earlier Fantasy Bras that set the stage for the tradition’s growth .
10. Black Diamond Fantasy Miracle Bra – Valued at $5 Million
Adriana Lima’s first Fantasy Bra in 2008 was designed by Martin Katz and featured a darker aesthetic . The $5 million creation was comprised of 3,575 black diamonds, 117 round white diamonds, and 34 rubies . Its edgy design stood out among the more traditional Fantasy Bras .
11.Holiday Fantasy Bra Set – $4.5 Million
Selita Ebanks modeled this festive $4.5 million set in 2007, designed by Mouawad . The set included a bra, thong, garter, barrette, and cuff bracelet featuring holly and poinsettia motifs . It was bedazzled with 584 carats of diamonds, 797 carats of emeralds, 276 carats of rubies, and three carats of yellow sapphires .
12. Dream Angels Fantasy Bras – $2 Million Each
In 2014, Victoria’s Secret made history by having two Angels—Adriana Lima and Alessandra Ambrosio—each model a Fantasy Bra . Both sets were valued at $2 million each, for a total of $4 million . Created by Mouawad, the intricate designs took artisans 1,380 hours to assemble . Lima’s blue version was adorned with diamonds and sapphires, while Ambrosio’s scarlet set featured diamonds, rubies, and garnets .
13. Champagne Nights Fantasy Bra – $2 Million
Lais Ribeiro wore this $2 million Mouawad creation in 2017 . Set with nearly 6,000 precious gemstones including diamonds, yellow sapphires, and blue topazes in 18-karat gold, the bra was unveiled at the Victoria’s Secret flagship store on Fifth Avenue . It featured a stunning blue topaz centerpiece .
14. Champagne Nights Fantasy Bra – $2 Million
Lais Ribeiro wore this $2 million Mouawad creation in 2017 . Set with nearly 6,000 precious gemstones including diamonds, yellow sapphires, and blue topazes in 18-karat gold, the bra was unveiled at the Victoria’s Secret flagship store on Fifth Avenue . It featured a stunning blue topaz centerpiece .
15. Fireworks Fantasy Bra – $2 Million
Lily Aldridge modeled this $2 million Mouawad creation in 2015, inspired by the explosion of fireworks . It featured more than 6,500 precious gems including diamonds, yellow sapphires, garnets, and pink quartz, all set in 18-karat gold with a matching gemstone belt . It took 685 hours to complete .
The End of an Era
The Fantasy Bra tradition came to an end after the 2018 show. When Victoria’s Secret revived its fashion show in 2024 after a six-year hiatus, the Fantasy Bra was notably absent . The brand’s shift toward inclusivity and a more modern, less “unattainable” image meant that the multi-million dollar lingerie pieces no longer aligned with its new direction . However, for over two decades, these diamond-encrusted creations represented the ultimate in luxury lingerie, cementing their place in fashion history .
About the Author
My name is Dua Qamar, and I am a content writer passionate about fashion, luxury, and the stories behind iconic brands.
Why I Wrote This Article:
I wrote this piece because the Victoria’s Secret Fantasy Bras represent one of the most fascinating intersections of fashion, jewelry, and pop culture. These creations were not just lingerie—they were cultural moments that captured the imagination of millions. I wanted to celebrate their artistry and craftsmanship.
How I Approached This Topic:
My research involved analyzing data from fashion publications, jewelry houses like Mouawad, and historical records to compile an accurate and comprehensive list of the most expensive Fantasy Bras.
Who This Article Is For:
This article is for fashion enthusiasts, history buffs, and anyone who remembers the magic of the Victoria’s Secret Fashion Show.
The Message I Hope Readers Take Away:
These extraordinary pieces remind us that fashion can transcend functionality and become art. Their legacy continues to inspire.
Written by: Dua Qamar



