The Birkin has a fanbase of its own. In the world of handbags, the Birkin holds a supremacy that no other bag comes close to replacing. The recent craze was on display in Vietnam, where a jailed tycoon's Birkin bag was sold in just 30 minutes for over $535,000.&nbsp;Two luxury bags of Vietnamese businesswoman Truong My Lan were put on auction, and they quickly found their new owners.<h2>Jailed Vietnamese tycoon's Birkin bags sold! Check price</h2>Birkin is not something that is an easy buy by simply walking into a Hermes store. One has to book the appointment and wait to make this high-end purchase. But these auctions are an easy way to buy one.&nbsp;Also read: <a href="https://www.wionews.com/entertainment/blackpink-lisa-s-fifa-world-cup-song-collaboration-with-anitta-and-rema-receives-mixed-response-1779428666991">BLACKPINK Lisa’s FIFA World Cup song with Anitta, Rema receives mixed response</a>&nbsp;As per the BBC, the bags were among 1200 seized assets that were sold at the Vietnamese property tycoon Truong My Lan Service Centre on Monday.&nbsp;The white Hermes Birkin bag was sold at $440,144, with another one being sold at $94,858.&nbsp;Now serving a life sentence for embezzling from a Saigon Commercial Bank, the country's fifth biggest lender. She has been ordered to pay back $27 billion.&nbsp;Both the bags, one of size 30 and the other of size 25, were quickly sold. The expensive one was of a smaller size, but it came with embellishment with rhinestones on the clasp and trim. The final auction price became almost 7 times higher than the initial bidding price.&nbsp;Also read: <a href="https://www.wionews.com/trending/viral-trump-buffalo-is-experiencing-stress-induced-weight-loss-ahead-of-sacrifice-1779429308993">Viral 'Trump' buffalo is experiencing stress-induced weight loss ahead of sacrifice</a>&nbsp;According to reports, there were two bags that Truong wanted to be returned to her family. &nbsp;During her trial, she told the court she had bought one in Italy, and the other was a gift from a Malaysian businessman.&nbsp;&nbsp;Truong, who was a property developer, was convicted in 2024 and was initially sentenced to death in one of Vietnam's biggest corruption cases. However, now she faces life in prison after capital punishment was abolished for some crimes.

The craze for the Birkin bag will never die down. Recently in Vietnam, the two bags of the jailed tycoon Truong My Lan, were sold at a whopping price. Read the full story. 

The Birkin has a fanbase of its own. In the world of handbags, the Birkin holds a supremacy that no other bag comes close to replacing. The recent craze was on display in Vietnam, where a jailed tycoon's Birkin bag was sold in just 30 minutes for over $535,000. Two luxury bags of Vietnamese businesswoman Truong My Lan were put on auction, and they quickly found their new owners. Jailed Vietnamese tycoon's Birkin bags sold! Check price Birkin is not something that is an easy buy by simply walking into a Hermes store. One has to book the appointment and wait to make this high-end purchase. But these auctions are an easy way to buy one. Also read: BLACKPINK Lisa’s FIFA World Cup song with Anitta, Rema receives mixed response As per the BBC, the bags were among 1200 seized assets that were sold at the Vietnamese property tycoon Truong My Lan Service Centre on Monday. The white Hermes Birkin bag was sold at $440,144, with another one being sold at $94,858. Now serving a life sentence for embezzling from a Saigon Commercial Bank, the country's fifth biggest lender. She has been ordered to pay back $27 billion. Both the bags, one of size 30 and the other of size 25, were quickly sold. The expensive one was of a smaller size, but it came with embellishment with rhinestones on the clasp and trim. The final auction price became almost 7 times higher than the initial bidding price. Also read: Viral 'Trump' buffalo is experiencing stress-induced weight loss ahead of sacrifice According to reports, there were two bags that Truong wanted to be returned to her family. During her trial, she told the court she had bought one in Italy, and the other was a gift from a Malaysian businessman. Truong, who was a property developer, was convicted in 2024 and was initially sentenced to death in one of Vietnam's biggest corruption cases. However, now she faces life in prison after capital punishment was abolished for some crimes.

The craze for the Birkin bag will never die down. Recently in Vietnam, the two bags of the jailed tycoon Truong My Lan, were sold at a whopping price. Read the full story.&nbsp;

In 30 minutes! Jailed tycoon’s two Birkin bags sold for over $535,000 in Vietnam

While Wall Street poured billions into semiconductor stocks in 2026, the ultra-wealthy quietly invested in luxury assets, especially Hermès Birkin bags. With limited supply, rising resale values, and strong demand, Birkin bags have emerged as an alternative investment class for the 1% club. Is luxury leather the new safe haven? Watch for insights into this high-end wealth trend.

The 1% Club: Investing in Birkin Bags While Wall Street Chased Chips

Birkin bags are one of the most sought after luxury items in the world today. But how does it become the Monolith of the luxury goods market? Know all about it on the latest episode of Beyond the Runway on www.wionews.com

Beyond the Runway: The journey of the Birkin Bag | WION Originals Teaser

China's rich are selling their coveted Rolex watches and Birkin bags to raise some quick cash as the economy tumbles. Molly Gambhir tells you more.

WION Fineprint: Why are China's rich selling their Rolex watches & Birkin bags?

WION Fineprint| Why are China's rich selling their Rolex watches & Birkin bags?

Birkin bags are one of the most sought after luxury items in the world today. But how does it become the Monolith of the luxury goods market? Know all about it here.

Why are Birkin bags so hard to get? Know all about this Monolith of the luxury market

Why are Birkin bags so hard to get? Know all about this Monolith of the luxury goods market

Cardi B calls out the netizens for the racist act that they are doing over her Birkin bags collection. The 28-year-old by slamming the Twitter users who claim that the precious brand is ''losing their value'' because they’re accessible to her and other people.

Cardi B calls out the netizens for the racist act that they are doing over her Birkin bags collection. The 28-year-old by slamming the Twitter users who claim that the precious brand is ''losing their value'' because they’re accessible to her and other people. Taking to her Instagram, she posted a video in which she condemns the racist belief and talks about how black women are facing racism that Black women still face when it comes to the luxury fashion. View this post on Instagram Pick a color A post shared by Cardi B (@iamcardib) on Oct 13, 2020 at 6:50pm PDT × In a video posted to her Instagram, the WAP singer said, "I've been seeing this tweet right. It had me and it had other female rappers on it. They were talking about if we could get Birkins from the Hermes store and they [were] also saying how we depreciate the value of a Hermés Birkin bag. I find that really interesting because, first thing first, I definitely could get a bag. Actually, I got four bags today from the Hermés store," View this post on Instagram So I had this convo with my team about this topic after seeing this viral tweet ...what do you guys think ? Watch till the end A post shared by Cardi B (@iamcardib) on Oct 25, 2020 at 8:13pm PDT × View this post on Instagram Pick a color A post shared by Cardi B (@iamcardib) on Oct 13, 2020 at 6:50pm PDT × "Another thing is that they're saying that we depreciate the value," Cardi said. "Like hip-hop, we start trends. When y'all say that we devalue shit, no, we actually add value." She pointed out that her tracks 'Bodak Yellow', which mentions Louboutins, and 'I Like It', which references Balenciaga, you could actually Google that their sales went up 1000 per cent, ''. Both the songs prompted massive sales for the brands. The Grammy award winner has a Hermes exclusive line of Birkin bags.

Cardi B slams the recist trolls saying black women are devaluing Birkin bags

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