Worlds Most Expensive Handbag

Ashley Olsen has signed a multimillion dollar endorsement deal to advertise the $150,000 Urban Satchel in upcoming issues of Vogue.It's rumored the Olsen Twins are locked in heated battle over who gets to purchase the bag, while Anna Wintour and Victoria Beckham have started a nasty bidding war for it. The recent announcement of the $45,000 Loius Vuitton bag has erupted.

“....the $150,000 purse from Louis Vuitton: a water bottle, marlboro pack, spearmeant guym, tully's cup.”

Loius Vuitton $150,000 Urban Satchel for Spring 2008 that is made from the world's finest Italian leather.