For the extravagantly rich bored of wasting money buying luxury cars (a brand new Porsche 2013 911 Carrera has a suggested retail price of $84,300), how about buying a luxury suit? Hong Kong-based Apsley Tailor sold a suit on May 29 for HK$1 million ($129,000), SCMP reports.
The suit reportedly took 200 hours to make from wool interwoven with 22-carat gold, and features a gold waistcoat, and diamond encrusted gold buttons. “It is a great achievement for us,” said Arshad Mahmood, the director of Apsley Tailor. He noted it is the only one of its kind.
Unfortunately, it seems the Apsley suit is only the second most expensive in the world; the real honor goes to a silk and diamond suit by Stuart Hughes and Richard Jewls of Manchester, England, priced at HK$7.3 million ($943,000).
Psychologist Abraham Maslow once made a hierarchy of needs to describe the stages of growth in humans. It seems that the tailors at Apsley have satisfied the first four needs: physiological, security, love/belonging, and esteem. One can argue by making one of the world’s most expensive suits, they satisfy the last need of “self-actualization”, and truly leave their mark on humanity. Or maybe they just have too much damn money to spend on clothes.
[Image: Arshad Mahmood poses with million dollar suit. Credit: Thomas Yau]