# $6.2 Million Wine Collections Henry Tang's Burgundy Alcohol Gems Sold in Auction to Christie By Ryan Fowler | Published 2013-04-16 | Luxury Source: Trend Hunter, https://www.trendhunter.com/trends/wine-collections References: [bornrich](http://www.bornrich.com/henry-tang-burgundy-wine-collection-sells-62-million.html) 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](https://www.trendhunter.com/trends/estate-collection-by-the-glass) has been quickly growing in Hong Kong, Asia’s new wine capital. These [auctions](https://www.trendhunter.com/trends/limitededition-bourbons) 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](https://www.trendhunter.com/trends/virginias-piedmont-region) 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. ## Trend Insights (Trend Hunter) - Score: 0.9/10 - Popularity: 4% | Activity: 15% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America, South America, Europe, Asia, Africa ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Luxury](https://www.trendhunter.com/luxury) ## Key Themes ### Key Themes Behind This Trend - **Growing Demand for Fine Wines:** Opportunity for businesses to cater to the increasing demand for high-quality wines in Hong Kong and Asia. - **Aggressive Wine Auctions:** Potential for disrupters to create innovative platforms and experiences for wine auctions that appeal to collectors and enthusiasts. - **Expanding Wine Collections:** Opportunity for businesses to offer services and products related to wine storage, curation, and investment for avid wine collectors. ### Where This Applies - **Wine Retail:** Disruptive potential in creating unique retail experiences and platforms to cater to the growth in demand for fine wines. - **Wine Auctions:** Opportunity for innovative platforms to disrupt traditional wine auction formats and provide collectors with new and exciting ways to acquire rare and valuable wines. - **Wine Storage and Services:** Potential for businesses to offer specialized storage, curation, and investment services to meet the needs of individuals with expanding wine collections. ## Related on Trend Hunter - [Philanthropic High-Value Charity Auctions](https://www.trendhunter.com/trends/highvalue-charity-auction.md) - [Ultra-Rare Whiskey Sets](https://www.trendhunter.com/trends/dekant-acclaim-collection.md) - [Extravagant Luxury Bourbons](https://www.trendhunter.com/trends/luxury-bourbon.md) - [Lifetime Wine Subscriptions](https://www.trendhunter.com/trends/obvious-wines.md) - [Metropolitan City-Inspired Whiskeys](https://www.trendhunter.com/trends/distil-your-world.md) - [Ultra-Extravagant Scotch Whiskies](https://www.trendhunter.com/trends/glen-grant-distillery.md) - [Wine Cask-Aged Spirits](https://www.trendhunter.com/trends/pursuit-of-passion-wine-cask-collection.md) - [Vintage Bulk-Style Wines](https://www.trendhunter.com/trends/costco-2.md) - [Extra-Large Wine Glasses](https://www.trendhunter.com/trends/xxl-wine.md)