Former Hong Kong Chief secretary Henry Tang’s wine collections have just sold at auction for a staggering price of $6.2 million. The demand for fine wines and wine collections has been quickly growing in Hong Kong, Asia’s new wine capital. These auctions are happening on a regular basis and are rumored to be quite aggressive in nature. I suppose they must really enjoy quality wine; at prices like $6.2 million, I hope the purchasers savor these collections to the fullest.
Mr. Tang has a 2,200 square-foot wine cellar in the basement of his estate, keeping one of the largest collections of wine on the planet. This auction in particular only featured a small portion of this immense collection.