Man sues ex-wife for her shoe collection

Christian Louboutins retail between $800 to $1,200, meaning their resale value could be half or even more.

Kai Ryssdal: Here's today's note that the rich really are different from you and me. We read this morning that a New York hedge fund manager who's getting divorced is suing his soon-to-be ex-wife to get part of her enormous collection of very expensive shoes in the settlement.

So we did what we do when I have fashion questions: I called up fashion writer Kate Betts in, appropriately, Milan.

Kate Betts: Yes, I'm in the land where they make expensive shoes.

Ryssdal: Well let me ask you about this: So if this guy gets these shoes from his wife in the divorce settlement, what's the resale value on like Christian Louboutin, size 7 1/2, 4 1/2-inch platform heel thing?

Betts: Well I mean a lot of these shoes retail for about between $800 and $1,200. So I don't know, the resale value is probably half of that or more if they've never been worn. I mean, can she wear 1,200 pairs of shoes in one lifetime? I don't know.

Ryssdal: Remind me, which are the ones with the red soles on them? Is that Louboutin or the other guy?

Betts: Those are Christian Louboutin.

Ryssdal: Oh Louboutin? I'm saying it wrong.

Betts: Yeah.

Ryssdal: Louboutin, there you go. Kate Betts, her book is called "Everday Icon: Michelle Obama and the Power of Style."

About the author

Kai Ryssdal is the host and senior editor of Marketplace, the most widely heard program on business and the economy in the country.


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