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Kanye’s Yeezy sneakers fetch a record $1.8M in private sale

Kanye’s Yeezy sneakers fetch a record $1.8M in private sale

Al Jazeera
Monday, April 26, 2021 02:41:31 PM UTC

A pair of Kanye West’s ‘Grammy Worn’ black leather, size 12 Nike Air Yeezy 1 prototype sneakers fetched a record-breaking $1.8m in a private sale, Sotheby’s announced on Monday.

The Kanye West sneakers that sent athletic shoes strutting down fashion runways sold for $1.8m, a new world record price for a pair of sneakers, Sotheby’s announced on Monday. The American rapper’s 2008 “Grammy Worn” Nike Air Yeezy samples 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. The buyer was sneaker investing platform RARES, which paid the highest publicly recorded price for the pair. RARES is a leader in fractional ownership, allowing users to invest in sneakers by buying and trading shares in them.
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