Continuing on with the World’s Top 10 Most Expensive Shoes:
5. Dream Shoe Designer: Stuart Weitzmann, assisted by Oscar Heyman Bros.
Fully understanding what women want out of a shoe, Stuart Weitzmann has created some of the finest, artistic and most expensive shoes of our time. Designing, perhaps, a coveted shoe during the times of The Wizard of Oz, these sparkly red slippers are fully studded with 642 oval Burma rubies that come in with a total weight of 123-33 carats and are set in a half pound of platinum.
When the stilettos were first created, they were the most expensive shoe of their time and designed to be worn only by the famous. Currently ranking in at #5 on the list of Most Expensive Dream Shoes, they still cost an arm and a leg of $1.6 million USD.
4. Dream Shoe Designer: Stuart Weitzmann
Deemed the ‘Cinderella slippers’, these elegant heels are heavy with 565 platinum-set Kwiat diamonds that total up to 55 carats of clear diamonds and one enormous 5 carat amaretto diamond, worth one million USD on its own, on each shoe.
These fairytale 4 ½ inch stiletto shoes are every girl’s dream and with their steep cost, may just remain that! While they’ve been worn once by Allison Kraus at the 2004 Oscar ceremony, these shoes now sit on display in Beverly Hills, California and are worth $2 million USD.
3. Dream Shoe Designer: Stuart Weitzmann and Jeweller, Le Vian
Tying 3rd and 4th place with himself on the most expensive shoes list, Stuart Weitzmann, in collaboration with Le Vian, have created another $2 million USD pair of evening shoes.
Rightfully so, these million dollar stilettos rank in the top 5 of the world’s most expensive shoes due to the 185 carats of museum quality tanzanite, 28 carats of diamonds and another huge 16 carat tanzanite that dangles on the front of the heel from the ankle strap. All of these rare and precious stones are placed on the silver leather embellished shoe making it one of the daintiest and rarest high-heeled stilettos ever made.
2. Dream Shoe Designer: Ronald Winston from the House of Harry Winston
Not to be outdone by Stuart Weitzman, Ronald Winston carries on The Wizard of Oz theme by celebrating its 50th anniversary with these Harry Winston Ruby Slippers. Tying in at first place with Stuart Weitzmann on the #1 spot, not only are they eye-blindingly glittery with very possibly, more rubies that any person has seen at once, they also carry more weight than any shoe designed to date! Completely covered in 4,600 valuable rubies, these low-heeled pumps have a total weight of 1,350 carats or pure ruby.
To coincide with this one-of-a-kind pair of treasures, it also carries a one-of-a-kind price tag of $3 million USD!
1. Dream Shoe Designer: Stuart Weitzmann
The factor that determined whether the Harry Winston Ruby Slippers or the Stuart Weitzmann Rita Hayworth Heels took the number one spot was which shoe was more current.
Labelled as the most recent, over-the-top creation in designer shoes, these shoes were 
inspired by earrings worn by the late Rita Hayworth and worn only once by singer/songwriter, Kathleen Bird York, at the 2006 Oscars. Now owned by Rita Haworth’s daughter, Princess Yasmin Aga Khan, they’re off the market although their beauty can still be admired from afar.
These open-toed heels were designed using a rust-coloured satin and decorated with rubies, sapphires and diamonds, all nested in the satin ruffle at the toe of the shoe. Unsurprisingly, the Rita Hayworth shoes hold their value at $300 million USD.
