So far the highest I've seen is The Golden Llama, Before that, the Ninja Llama.
Those levels are faaaaar off in status.
These are the levels of Llama Badges;
Level::::::::::::::::::::::::::::::Number Of Badges
1; Llama::::::::::::::::::::::::1 Badge
2; Super Llama::::::::::::::10 Badges
3; Albino Llama:::::::::::::50 Badges
4; Super Albino:::::::::::::100 Badges
5; Ninja Llama:::::::::::::::500 Badges
6; Fancy Llama::::::::::::::1,000 Badges
7; King Llama::::::::::::::::2,500 Badges
8; Spartan Llama::::::::::::5,000 Badges
9; Wizard Llama:::::::::::::7,500 Badges
10; The Golden Llama:::10,000 Badges
Those are the ones I've seen