Money Matters - Simplified

Russia crowns new beauty queen

Moscow -- A beauty from Yekaterinburg in the Urals is Miss Russia 2010, pageant officials in Moscow announced.

Irina Antonenko won $100,000 and the chance to represent the country in the Miss World pageant, RIA Novosti reported Sunday.

The first runner-up was Irina Sharipova from Russia's Volga Republic of Tatarstan followed by another Urals contestant, Olga Kononenko of Chelyabinsk.

The crown awarded to Antonenko is the world's most expensive with an estimated value surpassing $1 million, RIA Novosti said. The white gold headpiece contains 2,358 diamonds and 14 rare pearls.

Copyright 2010 United Press International.

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