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Effective URL: https://www.wsj.com/articles/the-300-million-sneaker-king-comes-undone-11667570874?mod=hp_lead_pos5
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Effective URL: https://www.wsj.com/articles/the-300-million-sneaker-king-comes-undone-11667570874?mod=hp_lead_pos5
Submission: On November 07 via api from US — Scanned from DE
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Skip to Main ContentSkip to SearchSkip to... Select * Listen to Article * What To Read Next SubscribeSign In https://www.wsj.com/articles/the-300-million-sneaker-king-comes-undone-11667570874 Michael Malekzadeh in March 2020. Todd Cooper/Eugene Weekly THE $300 MILLION SNEAKER KING COMES UNDONE RESELLING SNEAKERS AFFORDED MICHAEL MALEKZADEH A GOLD-PLATED LIFESTYLE UNTIL COMPLAINTS AND THREATS OVER UNFILLED ORDERS BROUGHT HIS BUSINESS TO A FULL STOP Michael Malekzadeh in March 2020. Todd Cooper/Eugene Weekly By Inti Pacheco Nov. 4, 2022 10:07 am ET Share Text 296 Responses Your browser does not support the audio tag. Listen to article Length (2 minutes) AD Loading advertisement... 00:00 / 01:52 1x This article is in your queue. Open Queue Self-described sneakerheads bidding up prices for limited-edition kicks sold online have created profits for tens of thousands of entrepreneurial kids and adults. In nine years, Michael Malekzadeh outpaced the crowd to become an American sneaker celebrity. He made more than $300 million in the sneaker resale market, where scarcity and cool have driven runaway prices. CONTINUE READING YOUR ARTICLE WITH A WSJ MEMBERSHIP SUMMER SALE €2 PER MONTH FOR 1 YEAR View Membership Options Already a member? Sign In RESUME SUBSCRIPTION We are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service. Please click confirm to resume now. Confirm Customer CenterSubscriber AgreementPrivacy NoticeCookie NoticeManage Cookies© 2022 Dow Jones & Company, Inc. All Rights Reserved.