It was no coincidence that most of the world’s most expensive luxury
products hit the market within the last 10 years. It was a time of
unprecedented growth and wealth building.
But over the last few months, the global economy meltdown has hit everyone like a gory car accident.
Even the Donald Trumps of the world are losing their shirts… and
perhaps they’ll be looking to unload their shoes too, if they own any of
these symbols of conspicuous consumption.
Top 10 World’s Most Expensive Shoes
#9: Diamond-Encrusted Custom Nikes
Price tag: $50,000
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Specs: 11 carats of chocolate-colored diamonds outline the “swooshes” on a pair of Nike “So Cal” Air Force 1 “Supreme Max” runners |
#9′s Claim to Shoe Fame: One of the only two menswear shoes represented in the top 10. They were purchased by
Outkast’s Antwan “Big Boi” Patton.
The Nike limited editions were customized with the fancy colored
diamonds by Laced Up owner Ernel Dawkins and C Couture boutique owner
Rita Patel.
Big Boi with his $50,000 Nike runners
#8: Slippers Worn by Indian Prince
Price tag: $160,000
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Specs: Rare slippers
encrusted with rubies and diamonds were once worn by the Indian prince
Nizam Sikandar Jah of Hyderabad in the 18th century. |
#8′s Claim to Shoe Fame: In January 2006, the jeweled slippers were stolen from the Bata Shoe Museum in Toronto, Canada.
A few days later they were recovered thanks to an anonymous tipster.
Experts examined the shoes and believe no damage had been done “though
there is evidence the shoes have been worn”. A 35 year old man was
arrested in connection to the robbery.
#7: Stuart Weitzman’s “Diamond Dream” Stilettos
Price tag: $500,000
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Specs: Shoe designer
Stuart Weitzman and jeweler Kwiat partnered to create these stilettos
adorned with 1,420 brilliant-cut Kwiat colorless diamonds weighing over
30 carats and set in platinum. |
#7′s Claim to Shoe Fame: Anika Noni Rose, aka “the
other one” in Dreamgirls, got her chance to shine at the Oscars in 2007
when she wore Stuart Weitzman’s “Diamond Dream” strappy sandals on the
red carpet.
Anika Noni Rose rocking the Diamond Dream $500K stilettos
#6: Ruby Slippers from “The Wizard of Oz”
Price tag: $666,000
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Specs: White silk pumps from the Innes Shoe Co. were customized by the Wizard of Oz costume department.
The bows have three large red glass jewels, bugle beads and glass rhinestones in silver settings. |
#6′s Claim to Shoe Fame: While it is believed there
were seven pairs created for 1939 movie classic “The Wizard of Oz”, the
whereabouts of only four pairs are known.
One pair is in the Smithsonian; another was stolen in 2005 from the Judy Garland Museum and has yet to be recovered.
The last pair to come up for sale was in 2000, when it was sold at auction by Christie’s for $666,000.
#5: Stuart Weitzman “Retro Rose” Pumps
Price tag: $1,000,000
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Specs: Two diamond roses, fixed to 1940s-style dusty gold high heels.
More than 1,800 Kwiat diamonds weighing 100 carats were used to make the roses. |
#5′s Claim to Shoe Fame: Every year, fashion
footwear king Stuart Weitzman picks a new and rising star, a “Hollywood
Cinderella”, to wear his latest multi-million dollar shoes to the
Oscars.
In 2008, he selected screenwriter Diablo Cody to wear the $1M heels
known as the “Retro Rose” down the Academy Awards red carpet.
Ms. Cody initially agreed to wear them but later backed out after
critics questioned her “Indie”, anti-Hollywood cred for participating in
a glamorous publicity stunt. She opted to wear an unnamed brand
instead.
Diablo Cody at the 2008 Oscars in her no-name gold flats
#4 Stuart Weitzman “Platinum Guild” Stilettos
Price tag: $1,090,000
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Specs: 464 Kwiat pear and round-shaped diamonds set in pure platinum thread top off these strappy stilettos. |
#4′s Claim to Shoe Fame: Actress Laura Harring was
the first Stuart Weitzman “Cinderella”. She was chosen by the shoe
designer to wear the “Platinum Guild” diamond encrusted sandals to the
2002 Academy Awards.
Accompanied by three bodyguards, the shoes paled in comparison with
the $27 million dollar necklace she also wore to the awards show.
Laura Harring in the Platinum Guild diamond heels
#3 Stuart Weitzman “Ruby Slippers”
Price tag: $1,600,000
Model Nicola Churchwood shows off Stuart Weitzman's Ruby Slippers
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Jeweler Oscar Heyman & Bros
contributed 642 round and oval rubies totalling some 120 carats, set in
pure woven platinum on the 4 1/2 red satin stilettos. |
#3′s Claim to Shoe Fame:
In 2003 Stuart Weitzman created the “Ruby Slippers” in anticipation of
another breakthrough starlet wearing them to that year’s Academy Awards.
His inspiration was the original ruby slippers worn by Judy Garland as
Dorothy, otherwise known as #6 in our list.
However Mr. Weitzman ended up cancelling
his shoe’s appearance. His spokesperson Jane Weitzman stated…”we pulled
the ruby shoes we were planning to show off at the Oscars out of respect
for those fighting in Iraq.”
Tied for #2: Stuart Weitzman Tanzanite Heels
Price tag: $2,000,000
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Specs: Stuart Weitzman
teamed with jeweler Le Vian to painstaking match and cut 185 carats of
museum-quality tanzanite and 28 carats of diamonds. |
#2′s Tanzanite Claim to Shoe Fame: These
eye-popping, $2M kicks were unveiled June 2008 in Las Vegas. No one has
been photographed wearing them yet; it’s speculated that Mr. Weitzman
created them for the Academy Awards in 2009.
Tied for #2: Stuart Weitzman’s “Cinderella Slippers”
Price tag: $2,000,000
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Specs: 4 1/2 inch stiletto heels are set with 595 carats of platinum-set Kwiat diamonds.
One shoe is set with a 5-carat amaretto diamond, alone worth $1M.
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#2′s Cinderella Claim to Shoe Fame: The “Cinderella Slippers” were worn by singer Alison Krauss (nominated for best song for the film Cold Mountain) at the 2004 Oscars while walking the red carpet and performing onstage.
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Mr. Weitzman’s daughters were fans of Alison Krauss, and had asked their father to approach the bluegrass diva about wearing the $2M sparklers.
Prior to the Oscars, Ms. Krauss said “I just want the folks back
home to be proud. To say, ‘She sang in tune and didn’t forget the words.
And she didn’t fall off them shoes.” |
#1: Stuart Weitzman’s Rita Hayworth Heels
Price tag: $3,000,000
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Specs: Stuart Weitzman designed the satin open toe stilettos around a pair of earrings owned by movie legend Rita Hayworth.
The earrings are laden with rubies, sapphires and diamonds. |
#1′s Claim to Shoe Fame: For the 2006 Academy
Awards, musician and Oscar-nominee Kathleen “Bird” York was tapped to
wear Stuart Weitzman’s latest over-the-top creations.
The shoes “centerpieces” were diamond and precious gemstone earrings
from the estate of late 40′s movie siren Rita Hayworth, and now belong
to Hayworth’s daughter, Princess Yasmin Aga Khan.
Kathleen "Bird" York in her $3M heels at the Oscars