• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish

3

Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish

3

Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
SuccessFortune Intelligence

Jane Birkin’s original Birkin bag breaks records with $10 million sale in Paris auction

By
Ashley Lutz
Ashley Lutz
and
Fortune Intelligence
Fortune Intelligence
Down Arrow Button Icon
By
Ashley Lutz
Ashley Lutz
and
Fortune Intelligence
Fortune Intelligence
Down Arrow Button Icon
July 10, 2025, 4:04 PM ET
Jane Birkin
Jane Birkin, and her Birkin.ALAIN JOCARD,JACQUES DEMARTHON/AFP via Getty Images

The world of luxury fashion witnessed a historic moment as the original Hermès Birkin bag, once owned and used by the late British actress and singer Jane Birkin, sold for a staggering $10 million at Sotheby’s Paris.

Recommended Video

The sale, which took place on July 10, 2025, shattered previous records and cemented the Birkin’s status as the most valuable handbag ever sold at auction.

A Legendary Bag With a Storied Past

  • The bag: This was not just any Birkin—it was the very first prototype, custom-designed for Jane Birkin in 1984 after a chance encounter with Hermès CEO Jean-Louis Dumas on a flight. As Birkin told Vogue in 2012, she famously sketched her ideal bag on an airplane sickness bag, leading to the creation of what would become the world’s most coveted handbag.
  • Personal touches: The well-worn black leather bag bears Birkin’s initials on the front flap, a pair of silver nail clippers she kept for convenience, and the faded outlines of stickers from Médecins du Monde and UNICEF—details unique to her personal use and never replicated in later editions.
  • A piece of fashion history: Birkin carried the bag almost daily from 1985 to 1994 before auctioning it for charity. It has since changed hands among private collectors and appeared in major museum exhibitions.

The auction: A 10-minute bidding war

  • Fierce competition: The auction opened at €1 million and quickly escalated, with nine collectors bidding online, by phone, and in the room. Gasps and applause filled the Paris auction house as the price soared past previous records.
  • Final price: The hammer came down at €8.6 million (about $10.1 million), with the winning bid placed by a private collector from Japan.
  • Record-breaking: The sale more than doubled the previous auction record for a handbag, which stood at $513,040 for a Hermès White Himalaya Niloticus Crocodile Diamond Retourne Kelly 28.

Jane Birkin, who passed away in 2023, once joked that her legacy would be forever tied to the iconic bag that bears her name. Standard Birkin bags are notoriously difficult to acquire, often requiring years on a waiting list, and retail for over $10,000, but the original prototype’s direct link to its creator and its visible signs of use made it a unique piece of fashion history.

The Birkin’s value has consistently risen over the years, outperforming traditional investments like the S&P 500 and gold, making it a prized asset for collectors. News of the auction was previously reported by Business Insider and Artnet, among others.

For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing. 

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
Ashley Lutz
By Ashley LutzExecutive Director, Editorial Growth

Ashley Lutz is an executive editor at Fortune, overseeing the Success, Well, syndication, and social teams. She was previously an editorial leader at Bankrate, The Points Guy, and Business Insider, and a reporter at Bloomberg News. Ashley is a graduate of Ohio University's Scripps School of Journalism.

See full bioRight Arrow Button Icon
Fortune Intelligence
By Fortune Intelligence

Fortune Intelligence uses generative AI to help with an initial draft, thereby bringing you breaking business news faster while maintaining our high standards of accuracy and quality. These stories are edited by Fortune's senior business editors to verify the accuracy of the information before publishing.

See full bioRight Arrow Button Icon

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

Marc Benioff, chief executive officer of Salesforce
SuccessJobs
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says there’s one department still hiring: sales
By Emma BurleighMay 28, 2026
5 hours ago
Costco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
Successthe future of work
Costco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
By Preston ForeMay 28, 2026
5 hours ago
Warren Buffett says ‘you’re giving up your potential’ if you don’t have this one skill—and it has nothing to do with the stock market
SuccessWarren Buffett
Warren Buffett says ‘you’re giving up your potential’ if you don’t have this one skill—and it has nothing to do with the stock market
By Sydney LakeMay 28, 2026
6 hours ago
Jan van Hövell built the world's largest sports club where membership is just a Euro a month.
SuccessSports
He left big law, became a DJ to pay his bills, and built sports clubs inside refugee camps. Now he wants more members than Bayern Munich
By Catherina GioinoMay 28, 2026
7 hours ago
man giving child keys to home
EconomyWealth
A study finds escaping your income bracket no longer means building wealth. That disconnect may be what’s driving consumer pessimism to record highs
By Jake AngeloMay 27, 2026
1 day ago
‘PTO-maxxing’ is the summer hack turning 15 vacation days into 49 days off
SuccessVacation
‘PTO-maxxing’ is the summer hack turning 15 vacation days into 49 days off
By Sydney LakeMay 27, 2026
1 day ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
7 days ago
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
Environment
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
By Dorany Pineda, Brittany Peterson and The Associated PressMay 27, 2026
1 day ago
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
Banking
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
By Nick LichtenbergMay 27, 2026
1 day ago
Even if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax
Economy
Even if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax
By Tristan BoveMay 27, 2026
1 day ago
Techlash grows in education: 'My daughter went to middle school and was sent home with a screen addiction in her backpack'
North America
Techlash grows in education: 'My daughter went to middle school and was sent home with a screen addiction in her backpack'
By Jocelyn Gecker and The Associated PressMay 26, 2026
2 days ago
Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’
Success
Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’
By Preston ForeMay 26, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.