Princess Beatrice Is Engaged to Tycoon Edoardo Mapelli Mozzi

"We are extremely happy to be able to share the news of our recent engagement," said the happy couple in a statement. "We are both so excited to be embarking on this life adventure together and can't wait to be married. We share so many similar interests and values and we know this will stand us in great stead for the years ahead, full of love and happiness."