The embattled Hong Kong tycoon is selling 426 prestigious wines, ranging from rare bottles of Domaine de la Romanée-Conti to Petrus
Hong Kong property tycoon Albert Yeung is selling a wine collection valued at more than HK$10 million (US$1.3 million) in a public auction.
The 82-year-old chairman of Emperor Group is offering 426 bottles of fine wine at Sotheby's on September 10, according to the auction house's website. The collection, titled "The Majestic Cellar of Dr Albert Yeung," includes selections from Domaine de la Romanée-Conti, Petrus and Château Palmer.
"This is not a high-volume cellar, but one with an emphasis on only the most remarkable jewels of the wine world," said George Lacey, head of wine in Asia at Sotheby's. "Dr Yeung has curated this collection with meticulous care."
Emperor Group and Yeung didn't immediately respond to a request for comment.
Hong Kong is an important wine hub in Asia, with zero duties attracting the global wealthy to store collections in the city. Billionaire Joseph Lau sold a collection of fine wine for about US$9.4 million in May, with some top lots fetching more than US$41,000 a bottle.