Student who spends £800 on a T-shirt insures his clothes for £40,000

A student who needs a storage container to house his colossal clothing collection has just insured it for £40,000.

Streetwear nut Eric Whiteback thinks nothing of dropping £800 on a t-shirt – despite admitting he only wears 10%-15% of his clothes.

Eric took took several days just to record his inventory of clothes which involved rummaging through a storage container he rents especially.

The 21-year-old insured the contents of his wardrobe and beyond for £40,000 after valuing his vast clothing collection and bizarre matching accessories by the same brand.

Eric said: “At one point I purchased a number of T-shirts valued in the $500-$1000 range in a single week.

“It was then that I started to realize that my inventory was becoming pretty valuable, so I began to document everything.

Eric took took several days just to record his inventory of clothes (Image: Caters News Agency)

“This process started more out of curiosity than a desire to insure my inventory. All I knew is that I acquired almost all of my items at retail price or less.

“But when I documented every item and added up their current market values, the sum surpassed $50,000. The decision to insure naturally followed.”

Eric from Pennsylvania, USA, says he has afforded his collection that many shops could only dream of having in stock by selling off his childhood sports collection.

He swapped his childhood sports memorabilia collection for what might be the world’s largest collection of highly sought after streetwear brand Supreme.

Eric said: “I’m still a full-time college student, so I don’t have a steady job. When I was younger, I amassed a pretty sizeable sports memorabilia collection.

“Selling that collection off really provided me the additional funds to go out and expand my closet. I also pick up odd jobs here and there to make a few extra bucks.