In the past, it was handbags. Your purse brand and its price defined you. The more expensive, the better. But slowly, bags have taken the backseat, and shoes have begun to take their place – or so says Business Insider's, Mary Hanbury.
In fact, numbers show that consumers are spending more money on expensive shoes than luxury handbags – $794 on one pair on average, Hanbury wrote, citing a report by The NPD Group. The most classic of these status-symbol shoes is a pair of Christian Louboutins, which can range from anywhere in the high hundreds to the mid-thousands.
However, a pair of shoes debuted on a yacht in Dubai as a part of MIDE (Made in Italy, Designed in Emirates) Fashion Week earlier this October makes the cost of a pair of Louboutins look like pocket change.
Designed by the Italian Antonio Vietri, the “Moon Star Shoes” are now the world’s most expensive shoe, valuing around $19.9 million according to Sophi Prideaux of The National, an English-language UAE news site.
So, what makes these shoes so expensive? Not only is the heel solid gold, but it also consists of 30 carats of diamonds and a bit of Argentinian meteorite circa 1576 – all combined to make a record-breaking shoe.
According to Forbes Italia, the shoes are meant to be a tribute to Dubai’s Burj Khalifa, the tallest building in the world. Vietri is also known for designing the “world’s first 24k gold shoes” in 2017, reported Harper's Bazaar Arabia. And, of course, they were delivered to buyers via helicopter.
"The most expensive shoes in the world are mine. And the record came to city of Turin. I love my city," the designer wrote on Instagram on October 14.
It’s undeniable that Vietri has taken the luxury market of shoes to a whole new level. What will he do next?
Still no news on how comfortable the shoes are as of yet.