US$20 million heels? World’s most expensive shoes are made of solid gold, with 30 carats of diamonds and a 1576 meteorite

Oct 25 , 2019

A pair of shoes worth almost US$20 millionaire seen during the launch presentation at the Dubai Marina in Dubai. Italian designer Antonio Vietri’s Moon Star Shoes feature 30 carats of diamonds and a small piece of a meteorite discovered in Argentina in 1576. Photos: AFP

The world’s most expensive shoes have been revealed – and they are worth an eye-watering US$19.9 million.

Italian designer Antonio Vietri debuted the Moon Star Shoes on a yacht in Dubai, earlier this month, as part of MIDE (Made in Italy, Designed in Emirates) Fashion Week.

Consisting of a solid gold heel, 30 carats of diamonds, and a bit of an Argentinian meteorite dated to circa 1576, the shoes are understood to be of record-breaking value.

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Vietri was previously known for crafting the “world's first 24k gold shoes” in 2017, which were delivered via helicopter to buyers. According to Forbes Italia, the shoes are a tribute to Dubai's Burj Khalifa, which is the tallest building in the world.

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“The most expensive shoes in the world are mine. And the record came to [the] city of Turin. I love my city,” the designer wrote on Instagram on October 14.

Vietri didn't immediately respond to a request for comment from Business Insider.

Antonio Vietri’s design features 30 carats of diamonds and a small piece of a meteorite discovered in Argentina in 1576.

Money for a pair of Christian Louboutins – the classic status symbol brand that ranges in price from the high-hundreds to mid-thousands, in US dollars – looks like chump change compared to the Moon Star Shoes.

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But there's something to be said for ultra-expensive footwear

Expensive shoes have surpassed luxury handbags as the latest status symbol. Consumers are spending more money on expensive shoes than luxury handbags – US$794 on one pair on average, according to a report by The NPD Group.

The Moon Star Shoes were unveiled aboard a yacht in Dubai.

As a result, footwear has become the most powerful category in the online luxury market. But there's no doubt that this pair of high heels takes things to a whole new level.

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This article originally appeared on Business Insider .

Fashion

The world’s most expensive shoes, worth US$19.9 million, were unveiled on a yacht in Dubai by Antonio Vietri, whose design includes a solid gold heel, 30 carats of diamonds, and a bit of an Argentinian meteorite dated to circa 1576