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Sunday, January 23, 2011

BOOZE BONANZA

"He made his fortune through musicals such as Cats and Phantom of the Opera. And now Andrew Lloyd Webber has added an extra £3.5 million to his bank balance with the sale of some choice bottles from his vast wine collection. The eagerly-anticipated sale, held at the Mandarin Oriental hotel in Hong Kong, featured 8,837 bottles of classic French wines, including what experts regard as the finest white Burgundies ever for sale in the region. Pre-sale estimates suggested that the 746 lots (mainly cases of 12 or six bottles, but also some individual bottles) would fetch £2.6 million but the salesroom was filled to capacity with what Sotheby's said was spirited and jovial bidding from all over Asia. Buyers bid in person, over the internet or by telephone." (Sunday Telegraph, 23 January) RD

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