The invention relates generally to wallets, and more particularly to wallets useful for organizing, carrying, and displaying essential items. The wallet disclosed herein is a wearable display wallet that includes a fastening device for releasably retaining the wallet in a closed configuration and a display configuration. The closed configuration is a reverse embodiment of the display configuration. When the wallet is carried in the closed configuration, a display compartment is on an interior of the wallet. When said wallet is carried in the display configuration, the display compartment is on an exterior of the wallet. The fastening device is able to secure the wallet in both the closed configuration and the display configuration.