Celebrity Composer Lloyd Webber's Wine Collection Sold For USD 5.6 Mln
His music reached international fame with Cats and Phantom of the Opera. Now adding to the fame is the Lloyd Webber's wine collection selected sale which added another £3.5 million to his bank account.
This celebrity wine collection sale was an event that everyone looked forward to and this was held at the Mandarin Oriental hotel in Hong Kong. The sale had over 8000 wines on display and though the industry experts had predicted about £2.6 million, the hall was overflowing with bidders from all over Asia, who were trying desperately to outbid each other.
Jeannie Cho Lea, who is a Master of Wine, and who is based in Hong Kong says that, "It’s clear that the demand for fine wines have not reached saturation point yet. The demand is still strong.”
The celebrity wine collector Lord Lloyd-Webber discovered wine at a very young age. His uncle and aunt were highly interested and they passed on their enthusiasm to him. As a student at Westminster School, he would have fine vintages delivered to him. Lloyd Webber's wine collection increased, and with the help of books that his aunt lend him, he learnt more about wine. By the time he turned 15 years Lloyd Webber's wine collection had started growing.
A part of this celebrity wine collection is stored in temperature controlled cellars at his country home in Hampshire. Lloyd Webber's wine collection came on sale because he was running out of storage space. He mentioned that he is happy about the wines selling in Asia, as there are many wine lovers in this continent.
Lloyd Webber's wine collection fetched him a whooping £3.5 million and the most pricey wine from Lloyd Webber's wine collection was sold at £17,460 and it was a magnum 1990 Domaine de la Romanée Conti, which was described by Sotheby, the auction house, as a great bottle of wine that is the epitome of that Romanee Conti silkiness.
It was in May 2007, that Sotheby sold over 18,000 bottles of wine in a sale at London, from Lloyd Webber’s wine collection, and this celebrity wine collection fetched £3.7 million. An interesting twist in the situation is that about thirty years ago most wine enthusiasts belonged to Europe and America, and now there is a shift in interest and people in Singapore and China are the biggest buyers of the celebrity wine collection and they are also the largest consumers of fine wine.
Image Credit: madwine.blogspot.com