Is Louis Vuitton’s Millionaire Speedy the priciest bag ever made? Pharrell Williams’ new US$1 million design may seem expensive – but pieces by Mouawad and Debbie Wingham are worth even more …
- The Millionaire Speedy is available only for an elite group of Louis Vuitton clientele – as demonstrated by NBA Star PJ Tucker – and so far isn’t even featured on the brand’s official website
- Another bejewelled alligator skin handbag – the Chanel Diamond Forever – was designed by Karl Lagerfeld, who collaborated with Madonna to sell it for US$261,000 at an Amfar auction
The Millionaire Speedy comes with a price tag of a staggering US$1 million, ensuring that it remains an indulgence reserved for a select few. It is exclusively made-to-order, seemingly only available to a vetted group of Louis Vuitton clientele, as NBA star PJ Tucker showed in an Instagram post. The bag is so exclusive that it is not even available on the official Louis Vuitton website at present.
Crafted with crocodile leather, the bag is handmade and adorned with the iconic Louis Vuitton monogram, as most of the maison’s bags are, and features gold hardware, with a selection of five colours, including rouge (red), vert (green) and marron (brown), to choose from. The bag reportedly includes diamonds in its pendant, per The Guardian.
Williams’ creation is not the only bag to cost such a hefty amount of money. Here are some of the world’s most extravagant bags with price tags to match:
Chanel Diamond Forever: US$261,000
Lagerfeld crafted an ultra-luxurious black version of the “Diamond Forever” bag, especially for this occasion, which featured a white gold double “C” clasp adorned with an array of 334 diamonds, totalling 3.56 carats. The bag was held by a white gold chain, complemented by alligator skin lining.