This expensive teapot is called 'The Egoist' and was designed to "raise awareness globally of the historic and cultural importance of tea."
Tea has long been consumed around the world and has been a part of the several geographic cultures for many centuries. This teapot is completely encrusted in jewels, with most of them being diamonds and several others being rubies. The expensive teapot was designed by Nirmal Sethia and created by the Italian jeweler 'Scavia.' The teapot is worth $3 million, making it the most expensive in the world and has been donated to 'The Chitra Collection' which is made up of items that were or are associated with tea.
This teapot marks a historic practice with a design that is likely to garner interest among tea lovers and historians alike.