stanley ho

Stanley Ho Buys White Truffle For $330,000

Macau billionaire Stanley Ho, loves his white truffles. He paid $200,000 for a large truffle in 2008, $330,000 for one in 2007 and over the weekend he bought another for $330,000 in a white truffle auction that raised $417,200 for charity (Ho appears to have taken a year off truffle splurging in 2009).

The sale was simulcast in London, Rome and Macau. London auctioneer Piers Boothman of Christie's held court at Franco's restaurant in London and bidding was relayed via satellite from Don Alfonso 1890 restaurant in Macau (at Ho's Grand Lisboa casino) and La Pergola, in Rome. Proceeds from the sale go to the charity picked by each location. The 2.87 pound truffle was in two pieces, a piece from Tuscany and a smaller truffle from Molise.

Tags: stanley ho, truffle, white truffle