8. Mouawad: 10001 Night Diamond Purse around $3.8 million
Finally we have reached the most expensive handbag in the world. It is now included in the Guinness Book of World Records. Currently the bag is certified as the most luxurious bag on the planet. This Mouawad creation is the result of work carried out by ten professional artists, jewelers and designers. To create their masterpiece, the team spent almost 9,000 hours. The purse has the shape of a heart and is decorated with pink, yellow and colorless diamonds. The body of the handbag is made out of 18-carat gold. Once you find out how much it costs, you might think that the world has gone completely out of its mind. This piece of art is estimated at $3.8 million. Who is ready to pay the money to own this beauty?