Taiwanese billionaire Pierre Chen is putting up 25,000 wine bottles from his personal collection for auction, the largest wine collection ever offered in one to date. Among them are red burgundies from the La Tâche vineyard — a monopole of the iconic Domaine de la Romanée-Conti in France — which include 1985 bottles expected to fetch up to $190,000 each. About Chen: Chen, currently Taiwan’s 10th richest person — and the world’s 515th — is the founder of top electronics maker Yageo Corporation.
Taiwan billionaire puts 25,000 wine bottles worth $50 million on auction yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Pierre Chen is selling part of his wine collection for an expected US$50 million through a series of auctions. The billionaire connoisseur talks to the Post about what makes the drink so special.
A total of 25,000 bottles of wine from the cellars of electronics billionaire Pierre Chen are due to go on sale in five dedicated auctions by Sotheby s over a 12-month period.