What Are the World's Most Expensive Sneakers Worth?
Kanye West's high-top Nike Air Yeezy 1s are now the world's most expensive sneakers which the rapper wore during his performance at the 2008 Grammy Awards
A new world record was set in the collectible sneaker category, a market segment that has experienced tremendous growth in recent years, gaining the same collectible status as art or jewelry.
The sneakers were purchased by RARES, an online sneaker investment marketplace. RARES’ users can buy shares of a pair of shoes in the same way that investors purchase shares of a company.
Brahm Wachter, head of streetwear and collectibles at Sotheby's, claims the shoes’ price "speaks volumes of Kanye's legacy as one of the most influential clothing and sneaker designers of our time, and of the Yeezy franchise he has built which has become an industry titan".
Still guessing what these sneakers recently brought at auction? Fasten your seatbelt - a whopping $1.8 million!