Wu-Tang Clan’s Unprecedented Album Was Bought By Controversial CEO Martin Shkreli
For an alleged $2 million.
The buyer of Wu-Tang Clan's one-of-one album Once Upon A Time In Shaolin has revealed himself, and people are...a bit pissed. According to Bloomberg Businessweek, who broke the story, the buyer of the album is Martin Shkreli, the pharmaceutical CEO who attracted national attention for raising the price of a drug AIDS related drug 5000%.
Shkreli told Businessweek that he hasn't listened to the album yet. “I could be convinced to listen to it earlier if Taylor Swift wants to hear it or something like that,” Shkreli said. “But for now, I think I’m going to kind of save it for a rainy day.
Shortly after the Businessweek article came out, Shkreli started a YouTube livestream, saying that he "may play something special." On the livestream, he evaluated some companies and did some work, but mostly just argued with viewers. One commenter said, "Cash rules everything around me...except when other asset classes provide better risk adjusted returns"
He then asked his viewers to help him come up with more ideas for albums to buy in a private sale. "I wouldn't mind a record from DJ Khaled if he yelled my name throughout it," he said.