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If You Have $17 Million, Have I Got The Shoes For You

Kitco News

Image courtesy of www.jada-dubai.com

(Kitco News) - Move over Nike and LeBron James because a new golden shoe will soon be available that is expected to outshine your old kicks.

Wednesday will see the launch of the world’s most expensive shoe: Passion Diamond Shoes, which will be made of gold and hundreds of diamonds, with each shoe featuring two D-flawless 15-carat diamonds.

The stiletto heels were created in partnership between United Arab Emirates jeweler Jada Dubai and Passion Jewelers. According to reports, the women’s shoe is worth $17 million and took nine months to make.

The shoes will be on display at the Burj Al Arab hotel in Dubai and if you want these for the perfect night out then, you might want to act quickly because there will be a very limited supply.

“There will be only one pair of The Passion Diamond Shoes in the world,” Maria Majari, co-founder and creative director of Jada Dubai, said in an interview with the Khaleej Times. “We wanted to create a piece that is truly unique in the world using very rare diamonds.”

Previously, the most expensive shoe was released last year; in October 2017 U.K. designer Debbie Wingham unveiled a pair of stiletto heels encrusted with precious metals and rare stones valued at a whopping $15.1 million.

Interestingly, this is the second gold shoe announcement made this month. On Sept. 4 Nike presented basketball star LeBron James with a pair of custom-made golden sneakers to celebrate his accomplishment of reaching the 30,000-point milestone.

The custom-made shoes were designed and created by Dominic Chambrone, also known as "The Shoe Surgeon,” and owns Surgeon Studios.

James’ shoes are worth a paltry $100,000. The shoes were made with crocodile skin dipped in 24-karat gold and each features 18-karat gold zippers.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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