News surfaced last month that the Wu-Tang Clan’s one-of-one album, Once Upon a Time in Shaolin, had sold. But, the buyer remained a mystery… until now.
It’s been revealed that pharmaceutical executive Martin Shkreli — who was vilified back in September for increasing the price of AIDS drug Daraprim by 5,000 percent — was the highest bidder.
According to Bloomberg, the 32-year-old paid $2 million for the mysterious album.
Shkreli can do what he wants with the Wu-Tang album, except profit from it. Under the terms of the sale, Shkreli can’t “commercialize” it for 88 years.
Paddle8, the auction company that handled the transaction, did not divulge the sale price, but said it was the most ever spent on a single album… by far.
Shkreli says he hasn’t listened to Once Upon a Time in Shaolin yet. Instead, is saving that for a time when he’s feeling low. “I could be convinced to listen to it earlier if Taylor Swift wants to hear it or something like that,” he tells Bloomberg. “But for now, I think I’m going to kind of save it for a rainy day.”