Tokyo-based jewelry designer Ginza Tanaka has just unveiled the world’s most expensive christmas tree, which is estimated at $4.2 million.
Outdoing his last year's gold Christmas tree creation, which cost $2 million, the new version is a 2.4 metre structure that is made out of 48kg of pure gold. The tree is adorned with 50 gold silhouettes of the most beloved disney characters as well as gold-leaf made ribbons, which are draped along the tiers. Ten master craftsmen were responsible for this extravagant piece, which took them two months to create.
For those interested in this lavish item, the ornately crafted gold tree is up for sale as is a smaller scaled model, which is going for $243,000. Though this may be too much for most, those that can afford the most expensive christmas tree is getting it at a great price, according to Ms.Tomoko Ishibashi who works in the marketing department of the jewelry store.
What's Driving This Trend
- Luxury Christmas Decorations
- Opportunity for luxury brands to create extravagant and expensive Christmas decorations, targeting high-end customers.
- Gold as a Status Symbol
- Growing trend of using gold in products as a symbol of wealth and status, creating opportunities for luxury brands to innovate.
- Customized Christmas Trees
- Increasing demand for personalized and unique Christmas trees, providing an opportunity for customization and personalized ornaments.
Who This Affects Most
- Luxury Jewelry
- Opportunity for luxury jewelry brands to create high-end Christmas tree ornaments and decorations.
- Luxury Home Decor
- Luxury home decor brands can capitalize on the trend by offering extravagant and expensive Christmas trees and decorations.
- Customized Gifts
- Customization companies can tap into the trend by offering personalized ornaments and customized Christmas tree designs.
