- The 2008 Nike Air Yeezy sneakers that Kanye West wore during his Grammy performance have sold for a whopping N684m
- Sotheby's announced that the sale, which was completed during a private auction, set a new world record for a pair of sneakers
- The buyer of the expensive pair of sneakers was sneaker investing platform RARES after New York collector Ryan Chang put them up for sale
Kanye West's 'Grammy Worn' 2008 Nike Air Yeezy sneakers sold for a whopping $1.8 million (N684m) at a private auction recently, setting a new world record for a pair of sneakers.
The buyer was reportedly sneaker investing platform RARES. The company paid the highest publicly recorded price for the pair.
The US rapper's sneakers were prototypes for a line developed by West and Mark Smith for Nike.
They were revealed during West’s performance at the 2008 Grammy Awards, Reuters reported.
The shoes were put up for sale at Sotheby's by New York collector Ryan Chang.
Tweeps have shared mixed opinions on the price of the sneakers.
Check out some of their reactions below:
"I will NEVER understand this obsession with shoes."
"These shoes were worn by someone who is supposed to be better than us common folk. The shoes alone are more valuable than you."
"For this price you can have the factory and the workers to build this pair of shoes in 10,000 copies!"
"Okay I love sneakers just like the next person but this is R25.6 million!"
"This shows how powerful Kanye is."
So cute: Huge reactions as lady shares adorable graduation photo of herself posing in front of many computers
"Plot twist: Kanye himself purchased them! Lol."
"Kanye ghost-bought his own shoes to pump up demand for his brand."
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In other news, Legit.ng reported that Kanye West reportedly bagged a logo deal with Gap worth $970 million (over N370 billion).
The rights for the new design were filed on April 9.
The US hip-hop superstar announced his 10-year-partnership with Gap in 2020. Legal docs show the logo the superstar rapper has locked in is exactly what he shared last year.