Gone are the days when the only purpose of sneakers was to provide traction while running or playing sports. Sneakers have now become full-fledged fashion accessories.

Celebrities and fashion icons now commonly wear rare, limited edition sneakers even on the red carpet, and these shoes sure aren't cheap. Take a look at the world's most expensive sneakers and then head out and buy the latest Nikes or Reeboks if you're feeling a wee bit envious.

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