Kanye’s Yeezy’s Are Really Expensive

Kanye West‘s prototype Nike Air Yeezy 1s sold for a record-breaking $1.8 million in a private sale. The size 12 shoes — which were worn by Ye at the 2008 Grammys, were acquired by RARES, a sneaker investing platform that will allow users to “own a piece of the world’s most valuable shoe” by selling shares of the sneakers on June 16th. The Nike Air Yeezy 1s are now the most expensive sneaker of all time.

RARES founder and CEO Gerome Sapp said in a statement, “Our goal in purchasing such an iconic shoe–and a piece of history–is to increase accessibility and empower the communities that birthed sneaker culture with the tools to gain financial freedom through RARES.”