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AmEx Toting China Billionaire Buys Big at Auctions

relates to AmEx Toting China Billionaire Buys Big at Auctions
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Liu Yiqian, a Chinese billionaire who uses his American Express card to buy art at auctions, has just added to his spending spree.

The Shanghai-based collector spent nearly $19 million at Sotheby’s and Christie’s in a series of auctions in New York this week, on top of the $81 million he spent on historic Chinese treasures last year, earning tens of millions of AmEx points in the process.