With all the hoopla about the 'racist' bag, the Tom Ford Jennifer bag (named after Jennifer Aniston) got a lot of publicity. A lot of people like me were wondering what has to go in a bag to make it cost $38k? That's a whopping 23 lakh! For a bag! I don't earn that much in a year! (and I got one of the highest paid jobs in college!) Phew!
Apparently if bags are made out of crocodile skin (like the one in question), they can cost that much. The poor crocodile never knew how much it was worth, eh?