The Kanye West sneakers that sent athletic shoes strutting down fashion runways sold for $1.8 million, a new world record price for a pair of sneakers, Sotheby’s announced on Monday.
The shoes, which West’s very own size 12 pair, were acquired by RARES — an investing platform that allows users to buy and trade shares in limited edition and highly sought-after sneakers. CEO and co-founder of RARES, Gerome Sapp, said in a press statement that purchasing the Grammy-worn pair was akin to buying “a piece of history”.
“Our goal in purchasing such an iconic shoe,” Sapp continued, “is to increase accessibility and empower the communities that birthed sneaker culture with the tools to gain financial freedom through RARES.”
Brahm Wachter, Sotheby’s head of streetwear & modern collectables, said in a statement that the sale “speaks volumes of Kanye’s legacy as one of the most influential clothing and sneaker designers of our time.