The “Dreamgirls” star is set to wed rap impresario Jay Z, and the lavish event will come with a $3 million price tag, according to the upcoming Star. The former Destiny’s Child member is planning a late November wedding on the Caribbean island of Anguilla, reports the tab. Guests at the bash will dine on $300,000 worth of Beluga caviar as well as lobster and Italian truffles and will wash it down with $200 bottles of Dom Perignon. Knowles’ wedding dress will be modeled after Princess Diana’s, reports the Star, and among the guests invited are Oprah Winfrey and U.N. head Kofi Annan.

An impediment to the marriage had been Beyoncé’s manager father, Matthew Knowles, and his misgivings about the 36-year-old Jay Z’s relationship with his 24-year-old daughter, but Matthew Knowles has apparently come around and given the romance his blessing.