The Millionaire Speedy came from Pharrell Williams's first menswear collection as Louis Vuitton's creative director, shown in Paris in June 2023 for Spring 2024. WWD reported that the small duffle was made of yellow crocodile printed with the Monogram and hung on a diamond-covered chain, and that Williams carried it to the Junya Watanabe, Dior Homme, Kenzo and Loewe shows that week. The name echoes the Millionaire sunglasses he co-designed for the house in 2004, during Marc Jacobs's tenure.
In November 2023 a screenshot posted by basketball player PJ Tucker showed it for sale. As the Robb Report and The Guardian reported, it is made to order, lined in lambskin, and comes in yellow, red, green, blue and brown crocodile with gold and diamond hardware; it was not listed on the Louis Vuitton website, and only vetted clients were invited to buy it. The price was $1 million.
The bag drew criticism. Fashion Revolution co-founder Orsola de Castro told The Guardian that "a sunshine yellow $1m bag doesn't shine, it hurts", and commentator Caryn Franklin called it a brand gimmick. PETA's US office reportedly invited Williams to tour a crocodile farm.