Former pharmaceutical executive Martin Shkreli has announced he is selling his one one-of-a-kind Wu-Tang album titled 'Once Upon A Time In Shaolin', which he purchased for $2 million.
Shkreli, who is facing a jail term for being found guilty of federal fraud, recently posted an eBay listing with information about the unique album, why he purchased it and his view on the backlash he received after his initial purchase.
“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. I will be curious to see if the world values music nearly as much as I have.”
So far the eBay listing has received 200 bids with the highest bid submitted at $100,100. That being said, Shkreli may never sell it for such a low price, even though apparently he’s not selling it to make money.
“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. I hope someone with a bigger heart for music can be found for this one-of-a-kind piece and makes it available for the world to hear.”
View the full listing here.
Harrison is Mixmag's East Coast Editor. Follow him on Twitter here