To say that women adore their shoes is quite the understatement. All of us know what it’s like to splurge on that expensive pair of heels. And although women may be willing to splash out a little, or even a lot, we found a few pairs whose price tags would shock even the most avid shoe lover.

 These are the most expensive shoes ever made:

5. Ruby Slippers by Stuart Weitzman

$1.6 million

Luxury shoe designer, Stuart Weitzman, took inspiration from The Wizard of Oz when he created these shoes. The red satin heels boast 643 Burma rubies set in platinum, weighing a total of 123 carats.

4. Tanzanite heels by Stuart Weitzman

$2 million

Reminiscent of a necklace, this pair was a collaboration between Stuart Weitzman and the high-end jeweller Eddie Le Vian. The ankle strap is encrusted with 185 carats of tanzanite and holds a 16-carat tanzanite pendant. A front strap covered in 28 carats of diamonds completes this bold pair of heels.

3. Cinderella slippers by Stuart Weitzman

$2 million

Literally the stuff of fairy tales, these fantasy themed stiletto heels are covered in 565 platinum set diamonds. On the right shoe, a rare 5-carat amaretto diamond worth over one million dollars interrupts the sparkling diamonds. Country singer, Alison Krauss, was lucky enough to wear the Cinderella slippers to the 2004 Oscars.

2. Rita Hayworth heels by Stuart Weitzman

$3 million

With a fourth entry in the top 5 most expensive heels in the world, Stuart Weitzman could very well be the ultimate luxury shoe designer. This pair took its inspiration from the late Hollywood actress Rita Hayworth’s favourite pair of earrings. The heels were made of rust-coloured satin and topped with a nest of rubies, sapphires and diamonds placed in a satin ruffle. Worn once by Kathleen York at the Oscars, the shoes now belong to Princess Yasmin Aga Khan who is the daughter of Rita Hayworth.

1. Harry Winston ruby slippers

$3 million

Like Stuart Weitzman, Ronald Winston also took his inspiration from The Wizard of Oz. The son of American jeweller Harry Winston, Ronald Winston designed this pair for the 50th anniversary of the film, outshining the original pair with 1,350 carats of rubies and 50 carats of diamonds. The stones took a total of two months to place.

Chisanga Mukuka, CT intern