Sneakers, handbags, watches, number plates, sports cars. If you like nice things, and to signal your success to the world, there are clever ways to invest to ensure your assets keep gaining value.
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Sneakers have emerged as an investible alternative asset class and Gabriel Roure, co-founder of rare sneaker retailer The Vault Sydney, says the most expensive pair he’s sold were Nike Air Yeezy Red Octobers for $45,000.
Only 400 pairs were made, and while Roure won’t disclose the buyer’s identity, he does say he’s an Australian billionaire who has featured in the pages of this publication.
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Original URL: https://www.afr.com/wealth/personal-finance/an-australian-billionaire-paid-45-000-for-these-sneakers-20240823-p5k4v5
