The $12,500 belt?

Ugh, now this thing sounds pretty weird. This is what is on the belt:

As for those belts at $12,500 a pop, well, that covers only the 14-karat gold buckle with princess-cut diamonds. Plan to add $325 for the farm-raised alligator skin belt, unless you just want to display the buckle and hold up your pants.

Hmm I also ponder this:

"Besides a watch, most men don't wear a lot of jewelry," says Todd Rauchwerger, owner of J.W. Cooper stores in New York and Bal Harbour, Fla. "They'll wear a $20,000 or $30,000 watch and a $3,000 or $4,000 suit and a 25-cent belt buckle. Why not wear a belt buckle that goes with the rest of the wardrobe?"

Hmm, maybe the guy doesn't want to look like a pimp with an alligator skin belt, with a 14 carat buckle, covered with princess-cut diamonds. Maybe this thing is aimed at the Hip-Hop freespender. I do agree with this statement though:

"Wealthy women have everything except the respect of luxury marketers," Pedraza says. "They're under-marketed. Banks and asset management firms largely ignore them."

Yeah this is true. The only people that respect wealthy women are the traditional clothiers, bag makers, and jewelry merchants. Banks and asset managers certainly cater to a male clientele. In the coming years we will see more pitches by the big brokers and banks that want to manage womens' assets.