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BAGS FOR BANG! Jailed Tycoon's $535K Hermès Auction Wins 🎯

Two white Hermès Birkin bags confiscated from a jailed Vietnamese businesswoman sold for $535,000 at auction! Why these bags are worth MORE than a car + fun facts about luxury art.

Source: bbc.co.uk1 min read
BAGS FOR BANG! Jailed Tycoon's $535K Hermès Auction Wins 🎯
Image via bbc.co.uk

In brief

Two rare Hermès Birkin bags seized from jailed Vietnamese businesswoman Truong My Lan sold for $535,000 total (one for $440k!). The bags are so exclusive that Hermès limits production to only 10-20 per month. These luxury 'art pieces' went fast in auction—just 30 minutes! But here's the twist: She tried to keep them as 'treasure for her kids' before jail.

BAM! Two white Hermès Birkin bags sold for $535,000 at auction—$440k for one! 😱 These bags belonged to Truong My Lan, a Vietnamese businesswoman who got jailed for stealing $44 billion from a bank. (Yep, that's 44,000,000,000 dollars!) She tried to keep the bags as 'treasure for her kids' but got caught. 💢Why are they worth so much? Hermès makes only 10-20 of these bags per month! They're like fashion gold—some people even treat them like art. The fanciest bag sold for $10.1 million in 2025 (that's 10 MILLION dollars!). 👑At the auction, one bag with rhinestones sold for $440k in 30 minutes—way faster than a TikTok challenge! 🕒 The money helps repay stolen cash. But guess what? These bags are super rare. If you saw one in real life, you'd probably ask: 'Is this real or a dream?' ✨Want to know more? SnapScope has interactive challenges to learn about luxury art! 🔍 (P.S. Next week: How $1000 jeans are worth MORE than gold!)}

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