Taiwanese billionaire Pierre Chen, who owns extra wine than could possibly be drunk in a lifetime, is auctioning off 25,000 bottles. Some uncommon bottles are anticipated to fetch as a lot as $190,000 every.
In response to Sotheby’s the gathering is anticipated to promote for about $50 million and the bottles are from the most important and most costly wine assortment ever to be supplied at public sale, CNN reported.
George Lacey, head of Sotheby’s Wine for Asia says, Chen’s wine data places him in a “league of his personal.” Lacey described the gathering as “staggering each in quantity and vary.”
“There’s at the moment extra wine in his cellars than anybody particular person might ever hope to drink in a lifetime, however wine is for consuming,” he added. The bottles that will probably be put up for public sale characterize simply ‘a fraction’ of his assortment. Chen is at the moment ranked as Taiwan’s tenth richest particular person by Forbes and the world’s 515th richest particular person, with an estimated fortune of $5.5 billion.
The billionaire began gathering wines from Bordeaux within the Nineteen Seventies and later expanded to the “then much-less-fashionable wines” from the Burgundy winemaking area. There are uncommon vintages from the storied La Tâche winery. Then there is a uncommon six-litre bottle of 1982 Château Pétrus, a Bourdeaux purple, which might fetch as much as $ 65,000. There are additionally white burgundies and Champagnes by Dom Pérignon and Krug.