Busty Lais Ribeiro steals the show in opulent $2million solid 18k gold, sapphire and topaz Fantasy Bra as she takes to the runway at the Victoria's Secret Fashion Show in Shanghai (4)

In 1997 Tyra Banks wore a more subtle diamond-encrusted satin bra, before the value rocketed to $5,000,000 the next year, when Daniela Pestova wore the Dream Angel Fantasy Bra featured a dazzling display of rubies and diamonds.

The next year the value doubled, with Heidi Klum rocking a $10million blue piece with silver stars.

And in 2000 Giselle Bundchen wore the most expensive bra to date, setting the Guiness Book record at a jaw-dropping $15 million, with more than 1,300 rubies and diamonds.

$2 million bra: The Champagne Nights Fantasy Bra took nearly 350 hours to make and is made from 18 karat gold and contains almost 6,000 gemstones  

Since then, models including Adriana Lima, Miranda Kerr, Alessandra Ambrosio, Candice Swanepoel and Jasmine Tookes have rocked the famous bra.

Victoria's Secret is holding its annual event in China for the first time and it has not come without it's fair-share of controversy.

Top model Gigi Hadid pulled out of walking in it amid rumors Chinese authorities denied her an entry visa.

The 22-year-old model did not reveal why she was pulling out but it came after she made an eye-slant joke on social media back in September.

Stunning! She certainly turned heads as she took to the runway in her bejeweled underwear