Victoria's Secret revealed this year's Fantasy Bra and who will wear it on the company's Facebook page on Wednesday.
The leading lingerie brand shared a photo of supermodel Candice Swanepoel wearing the stunning bra that is valued at $10 million.
Swanepoel, 24, was chosen to wear this year's decadent bra, dubbed, "The Royal Fantasy Bra" because it features major bling.
Designed by jeweler Mouawad, it comes with a bow and belt. It features over 4,200 gems including rubies, diamonds and yellow sapphires set in 18 carat gold and in the center there is a huge 52-carat ruby.
The first Fantasy Bra debuted on the runway in 1996. It was called the "Million Dollar Miracle Bra."
The fantasy bra has been worn by various Angels over the years including Gisele Bündchen, Heidi Klum, Miranda Kerr, Tyra Banks and Adriana Lima, to name a few.
It the first time Swanepoel was selected to wear the Fantasy Bra Last year's Victoria's Secret Fantasy Bra was worth $2.5 million and worn by supermodel Alessandra Ambrosio. She closed the annual runway show wearing the decadent item when the show aired on CBS on Dec. 4.
The fashion brand's other models dubbed "Angels" Alessandra Ambrosio, Adriana Lima, Doutzen Kroes, Candice Swanepoel, Erin Heatherton, Lily Aldridge, Lindsay Ellingson also wore various lingerie designs for the brand's Circus theme.
The runway also featured musical guest performances from Rihanna, Justin Bieber and Bruno Mars.
This year's Victoria's Secret Fashion Show will air on CBS on Dec. 10