Entertainment Gist

Kanye West’s ‘Yeezy’ Listed As World’s Most Expensive And Valuable Sneakers

Sotheby Auction house has reported that the first Yeezy sneakers ever worn in public by Kanye West are
up for auction, with a record-breaking price tag of over $1 million.

Kanye West’s Nike “Air Yeezy” sample sneakers, which he wore on stage at the 2008 Grammys during his
performances of “Hey Mama” and “Stronger come in a size 12 and were designed by Kanye and Mark
Smith in Nike’s “Innovation Kitchen” in Oregon. They feature black leather uppers with perforated
detailing and a tonal Swoosh on the overlay.

According to Sotheby’s auction house, which is organizing the sale, the sneakers will be among the most
expensive sneakers ever to appear on the market.

During a press release, Sotheby described ‘Yeezy’ as “one of the most prized and sought-after sneakers
in existence”. They said the shoe will be offered via private sale after going on display in Hong Kong later
this month although they did not reveal an exact asking price, though it said it has valued the item “in
excess of $1 million.”

West ended his collaboration with Nike in 2013 and took the Yeezy brand to Adidas, which, according to
Forbes brought in an estimated $1.7 billion in sales in 2020.

The design debuted by Kanye at the Grammys was never released on the market. But in 2017, a pair
appeared for sale on collectable sneaker retailer Flight Club, where they sold for $100,000.
The prototype sneakers will go on public display in Hong Kong from April 16 through April 21 at
Sotheby’s.

The 2008 winner for Best Rap Album Kanye West accepts the trophy at the 50th Grammy Awards in Los Angeles on February 10, 2008. AFP PHOTO/Robyn BECK (Photo credit should read ROBYN BECK/AFP via Getty Images)

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