No Final Fantasy XII is not the number one neither is Halo 3 although both made the list for the top 10 games with the highest budget.

10. Killzone 2: US$45 million

Most estimates put the budget at $45 million, but higher estimates put the budget at over €41 million or $56 million.

9. Final Fantasy XII: $48 million

The game’s budget was $48 million — without marketing costs. As Digital Battle points out, there are rumors that Final Fantasy XIII had a 50 percent higher budget.

8. L.A. Noire: $50 million

Tom Crago, the president of Game Developers’ Association of Australia, cited Noire as “one of the most expensive games in development today”. Developed in Australia, Noire has been given a massive budget.

7. APB: $50 million

In development for five years now, the game officially has a budget of 50 million.

6. Halo 3: $55 million

According to Digital Battle, the budget was in the neighborhood of $55 million, excluding the $200 million Microsoft spent on developing the game.

5. Metal Gear Solid 4: $60 million

Digital Battle puts the budget at $60 million, which it says was shared between Konami and Sony. The game was in development for four years.

4. Too Human: $60 million plus

Eons in development, platform and engine switching. Too Human was too expensive.

3. Shenmue: $70 million

This Dreamcast game held the most expensive game budget record for almost ten years.

2. Gran Turismo: $80 million

In development for over 5 years, the official budget was $60 million. In 2008.

1. Grand Theft Auto 4: $100 million

The list was created by DigitalBattle, the excerpt was taken from Kotaku