
Kanye West is known for showy displays through his fashion choices, as a rapper-producer and through the public expression of his intense opinions. To further express himself in a way that truly says "KANYE!" Mr. West has just purchased a personalized, one-of-a-kind watch that costs $180,000 and features a portrait of his face poised behind his iconic sunglasses -- drawn in diamonds:

Not one to usually humble himself by following someone else's lead, Kanye West seems to have actually been inspired to make this investment in accessories by fellow pop star Usher. Usher was the first to create a self-portrait in diamonds that he can also wear on his wrist, but his was a whopping $250K:

You can read the details about Kanye West's $180,000 watch, and Usher's $250,000 watch on the Luxist blog. Let's keep the discussion of these two flabbergasting displays of ostentation and self-love here on BV.
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Top 10 Celebrity Fashion Faux Pas of 2010
At first we thought Ms. Minaj pulled together a classic and simple look for her performance, and then she turned around! The outfit definitely highlights her best asset, but we don't approve of the two-toned bedazzled look.
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Top 10 Celebrity Fashion Faux Pas of 2010
Kelis has never had a cookie cutter fashion sense, but this is so far off kilter it's dreadful -- and kind of scary. We don't know where to direct our eyes -- the Alexander McQueen heels, calf length gray hair, horns or painted on cat suit?
Top 10 Celebrity Fashion Faux Pas of 2010
At first we thought Ms. Minaj pulled together a classic and simple look for her performance, and then she turned around! The outfit definitely highlights her best asset, but we don't approve of the two-toned bedazzled look.
Top 10 Celebrity Fashion Faux Pas of 2010
Is Elvis in the building? Nope, it's just Halle Berry. The 'Frankie & Alice' star normally gets it right, but this is clearly not one of those times. The head to toe brocade Balmain suit is pattern overload.
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Kanye West's head-to-toe red look is far from being a hit, but we're willing to give him a pass. It's the gaudy chain we can't forgive him for. No one man should wear all that gold...
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Jada Pinkett Smith looked toned and tanned at the BET Awards, but there was something missing. Her pants! We get you love your legs Jada, but bottoms are always a must.
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Cowboy hat, lace trimmed vest and sparkly leggings? C'mon LaToya, these things just don't belong together!
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An exaggerated shoulder is always haute, but Monica's overly puffy and pointy sleeves distracted us from an amazing performance.
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We love it when Amber Riley's belting out tunes on 'Glee,' but we don't like it when she's channeling the eighties. The studded and tulle dress with flat biker boots does nothing for her curvy figure.
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While most people were offended by will.i.am's alleged black face tribute, we're more upset that he thought it would complete his already tacky outfit.
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It's not the dress that offends us, it's the idea of wearing a mini to a wedding -- your best friend's at that -- that gets Ciara on the worst dressed list. Inappropriate attire is always a don't.
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Kanye West and Usher are both talented and charismatic men who have brought happiness to millions by sharing their artistic gifts. They have also made millions of dollars, and considering that this is a free country, they can spend it on anything they want. Contrary to what many liberals believe (and I am a liberal), it could be argued that a star spending $200K on a diamond-encrusted image of his face is actually a sign of the overall health of our economy. Sure, it reeks of waste and selfishness, but look at the countries in which being self-centered and desiring riches will get you nowhere. Most people from those places have been trying to come here for decades.
From Communist China to the former U.S.S.R., when these nations prohibited all capitalistic practices and denounced the value of the individual, they were not able to provide their citizens with comforts and opportunities equivalent to America's average standard of living. There is something about the open and active desire for wealth that creates greater access to it for more people in a group. The overall standard of living in capitalist countries is just higher and that is the reason. Ugly old greed.
Where we lose is on wealth distribution and access to wealth creators such as connections and quality education. Recently released numbers show that the United States now has
the widest gap between the rich and the poor that our nation has ever had in its history. Countless stories depict the fall of millions from the
ranks of the comfortable middle class into the land of the impoverished. As Americans struggle to find jobs, the idea of Kanye West spending the equivalent of three good salaries on a bedazzled picture of his mug is a little sickening. And yet it is his right, and moreover it's that right that is the prime mover behind all the businesses that have given Americans jobs, and will give the jobless new jobs in the future.
So, in a way, Kanye West's $180,000 watch is what makes America great. The motivation behind Usher commissioning a $250,000 precious-stoned, time-telling, portable picture of himself is the motivation that will create the small businesses that get millions back to work. It's because of these kind of wealth displays that America has any wealth to show. Hopefully, we will get better at sharing it. Doling it out fairly, through taxes and charity, will keep our society equal in terms of opportunity (
as long as the Republicans are kept in check).
You have heard all the "rich black people buy stupid stuff" complaints before, so there is no need to go into that here. For once, let's move past that. We have to keep looking at the motivating power of luxury displays, and think long term, or else these financial choices made by two rich, prominent African Americans will look eerily as silly as Souljah Boy wearing a
Lamborghini-shaped necklace made of diamonds. And in 2011,
we've got to do better.
Comments: (23)
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By: AL on 1/13/2011 9:08PM
3/4 of the world's population goes to bed hungry at night.
A child starves to death every six seconds.
How many starving haitians could that money have helped?
How about a competition to see how many kids you can prevent from starving to death?
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By: nissa on 1/13/2011 10:19PM
How much money have you sent to these starving people?
How much money have you sent to these starving people?
How much money have you sent to these starving people?
How about a competion with yourself to send money to these starving people instead of trying to spend someone else's money?
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By: AL on 1/16/2011 8:42AM
@nissa
Being it's tax time my receipts show $1,816 to Worldvision.org alone.
By the way World vision in fact helps ease the hunger pains of many children throughout the world.
Is nissa feeling a little guilty?
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By: kiara on 1/13/2011 9:27PM
once again when so many people are impoverished in this nation ,and around the world,especially in haiti,the noveau riche negro continue,to show how ghetto and self aabsorbed they really are.where are the fans of these bufoons to hold them accountable
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By: nissa on 1/13/2011 10:06PM
Seriously? This is news? And for the people who go off into the "starving children in africa and haiti, they are self-absorbed, blah blah blah- just shut up!! ok. It's their money, they earned it and with it earned the right to spend it as they choose or choose not to spend it. But my issue here is: WHY IS THIS NEWS? Alex!!!! WHY?
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By: Alexis Stodghill on 1/14/2011 10:50AM
You know, that is a very interesting question. The fact is that we have a news blog called Black Spin, and you can look there for straight news. In addition, we have a number of different types of stories in BV on Money, some of which are news pieces, some are financial advice, and some are social commentaries. Different people like different kinds of articles.
I like social commentaries personally. If you want straight news, you can get it in a number of outlets. This is the only place, one on them anyway online, where you can discuss different themes from the black perspective.
The issue of what rich black people do with their money is something that comes up a lot in the comments on this site. Because the black community has many economic issues, one thing people always say is: "If rich blacks would pool their resources, they could work to create jobs rather than black waiting on the government or society to change and eradicate racism."
So, in this context, this story is news. I also discuss some other socially relevant issues, and bring up a couple of philosophical ideas about the value of greed and wealth displays in our society.
So there is a lot think about in the article, particularly in the realm of thinking about black wealth, and if there is a social consequence for how wealthy blacks choose to spend their money, which many people think there is.
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By: AL on 1/15/2011 11:36PM
It's ok to feel a little guilt nissa.
It's one of the first steps toward change.
Donate to WORLDVISION.ORG
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By: nissa on 1/13/2011 10:15PM
You are so ignorant. It is not the job of a fan or anybody else to hold these people accountable for how they spend their money. It is their money!!! How can you not get that? What if your co-workers or neighbors held you accountable for how you spend your money? You would cuss them all out and tell them to mind their own business and you would be right! So I am telling you for Usher and Kanye -shut up and mind your own business. By the way: how much money have you sent to Haiti or Africa or the homeless shelter down the street? Steer your own ship.
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By: AL on 1/15/2011 11:40PM
I'll bet you have a house full of useless junk that you brought home in an escalade.
It's ok, and you're right it's their money.
Next concert maybe he'll show you his nice new shiny watch.
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By: Autrice Thomas on 1/14/2011 9:32AM
Who Cares. There are more important things that are going on in this country. Hunger, the homeless. Sick and dying. We live in a wealthy country. Well more that a lot of countries. We can take care of others but not our own and then some writer has to make a mountain out of a mole hill and make an ass of him self 200,000dollars give me a break.
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