Kanye West's Yeezy sneakers breaks record, sells for $1.8M at auction | Ripples Nigeria
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Kanye West’s Yeezy sneakers breaks record, sells for $1.8M at auction

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A pair of shoes designed and worn by the American recording artiste, Kanye West has been sold for the sum of $1.8m (£1.3m) at an auction.

It is the highest amount ever paid for a pair of sneakers.

The Nike Air Yeezy 1 Prototypes beat the previous record, which was held by a pair of Nike Air Jordan 1s that sold for $615,000 last year.

“The sale also marks the first pair of sneakers to top $1m,” Sotheby’s auction house said on Monday, April 26.

West first wore the shoes while performing at the Grammys in 2008. They are a US size 12, or a UK 11.

Read also: Forbes refutes report Kanye West is wealthiest black man in America

The shoes were bought by RARES, an internet platform for investing in rare footwear. Its users can buy shares in a pair in a similar way to how investors buy stocks in a company, Yahoo news reports.

They were sold by the shoe collector Ryan Chang in a private sale, which means neither the buyer nor the final sale price can be publicized unless the buyer themselves comes forward.

“The sale marks the highest publicly recorded price for a sneaker sale ever,” the auction house said in a statement.

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