The luxury Italian brand, Boarini Milanesi, has launched the world's most expensive bag at €6 million (approximately ₹53 crore). Made of semi-shiny alligator skin, the bag is embellished with a diamond pavé accessory and 10 white gold butterflies with sapphires, diamonds and Paraiba tourmalines, totalling over 130 carats. The bag has been created to raise awareness about ocean pollution.