Kanye West Yeezy sneakers reportedly sold for $1.8 million in private sale - Shopping News

26/April/2021

Kanye West's Yeezy sneakers has been sold for $1.8 million, a new world record price for a pair of sneakers, Sotheby's announced — Reuters News Report.

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.

The private sale shattered the current auction record for sneakers, far above the $560,000 that Sotheby's scored in May 2020 for a pair of 1985 Air Jordan 1's, designed for and worn by basketball player Michael Jordan.

The black leather, size 12 Nike Air Yeezy 1 Prototypes have a Yeezy forefoot strap and the brand's signature Y medallion lace locks in pink... reuters.com