[Super Rich] The World’s Most Expensive Dorothy’s Red Shoes, 3.265 Billion Won

The most expensive shoes in the world today are the magical red shoes worn by Dorothy in the movie ‘The Wizard of Oz’. These shoes are ‘jeweled shoes’ densely inlaid with 4,600 pieces of 1,350-carat rubies and adorned with 50-carat diamonds, valued at approximately $3 million (about 3.265 billion Korean won).
The creator is Ronald Winston, the son of the American jewelry house Harry Winston, known as the ‘King of Diamonds’, and a jewelry designer. Coincidentally, Harry Winston also has a connection with Louis XIV, who is called the founder of the modern high heel. In 1949, he purchased the 45.52-carat blue diamond, the ‘Hope Diamond’, which was owned by Louis XIV. The Hope Diamond was later donated to the Smithsonian Institution in Washington, D.C., in 1958.

The shoes of American actress Rita Hayworth, the top star of the 1940s, rank as the second most expensive shoes. Rita, the ultimate pin-up girl of her time, was the muse of shoe designer Stuart Weitzman and wore shoes estimated to be worth $3 million. These open-toe shoes are made of tan satin and decorated with sapphires, rubies, and diamonds.

Stuart Weitzman’s Tanzanite Heel is valued at $2 million (about 2.176 billion won), making it one of the most expensive shoes. Tanzanite is the birthstone for December, a blue gemstone found exclusively in Tanzania, Africa.
The highlight of the Tanzanite Heel is the straps decorated with tanzanite and diamonds set in platinum on silver leather. The strap falling over the instep shines with a total of 28 carats of diamonds, and the strap wrapping the ankle uses 200 carats of tanzanite gemstones and 16 carats of various other gemstones.

Stuart Weitzman also created a heel inspired by the glass slipper from the fairy tale Cinderella, which has inspired many. Named the ‘Cinderella Slipper’, these shoes are made with Italian leather, diamonds, and platinum settings. The highlight of these shoes is the two straps made of a transparent material, like glass slippers. The ankle can be tied with a transparent strap like a ballerina shoe, and the two straps crossing the instep are praised for their beauty, combining sparkling golden gemstones on a transparent material.

The fifth place is also a Stuart Weitzman shoe. Created in 2002, this shoe also features straps that wrap the instep and ankle, decorated with diamonds and platinum. The cost to produce this shoe was a whopping $1.9 million (about 2.067 billion won).