Martin Shkreli to Sell Rare, One-of-a-Kind Wu-Tang Album
In 2015, Martin Shkreli purchased the one-of-a-kind Wu-Tang Clan album Once Upon a Time in Shaolin for a reported $2 million. Just under two years later, he says that he is selling it. He’s shared an eBay listing for the CD, which has 202 bids (the highest at $100,500.50) as of publishing. Announcing the auction on his Facebook, he wrote, “I am selling the Wu-Tang Clan album. F*** Wu-Tang.” In the eBay description, Shkreli states, “I decided to purchase this album as a gift to the Wu-Tang Clan for their tremendous musical output. Instead I received scorn from at least one of their (least-intelligent) members, and the world at large failed to see my purpose of putting a serious value behind music.”
He continues, “At any time I may cancel this sale and I may even break this album in frustration. I will donate half of the sale proceeds to medical research. I am not selling to raise cash—my companies and I have record amounts of cash on hand.” Answering prospective buyers’ questions, Shkreli specifies, “My plan is to donate half of the sale proceeds to OHSU for rare disease drug research. I know a great researcher there very well who will make terrific use of the funds.” Find the listing here and see a photo of Shkreli with the CD below.
After purchasing Once Upon a Time in Shaolin, Shkreli got into a feud with Ghostface Killah. In November 2016, he leaked snippets of the album online. Earlier this summer, Shkreli was convicted on three counts of securities fraud.
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(Stephen Colbert's comments on Shkreli begin at the 1:15 mark)
