One Percent Perks: First Lady's $9K Oscar Dress

First Lady Michelle Obama certainly looked lovely during her surprise appearance to announce the Best Picture Oscar winner Sunday night.

That stunning silver dress must have cost a fortune, an odd choice for a woman whose husband is constantly seeking ways to punish the rich and once declared, "I do think at a certain point you've made enough money."

In fact, the dress in question had a price tag that would keep families currently looking for work in Age of Obama afloat for months.

The Washington Free Beacon reports the "silver sparkler was a custom design by Naeem Khan with an estimated price tag of $8,990."



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