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A Hong Kong Tycoon Is Selling $4.4 Million Wine Collection in Auction

relates to A Hong Kong Tycoon Is Selling $4.4 Million Wine Collection in Auction

Source: Sotheby’s

Hong Kong billionaire Joseph Lau is selling a French wine collection whose value could reach HK$34.5 million ($4.4 million).

Lau is offering 58 bottles of fine wine including vintages from Petrus to open Sotheby’s three-day wine and spirits auction next month, the company said in a statement. That follows a smash hit sale last October, when some of Lau’s wines went for more than double the estimate.