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Friday 24 October 2014

Netscape founder to sell wine collection

13th August, 2014 by Neal Baker

The founder of US computer services giant Netscape is planning to sell $6 million (£3.6m) worth of his collection of fine wines in Hong Kong and New York through auctioneers Sotheby’s.

Sothebys-Hong-Kong

Up for grabs: An auction room at Sotheby’s Hong Kong

The auctions are scheduled for Hong Kong on October 4, followed New York on November 15, Sotheby’s said.

The sales will include 67 magnums of Henri Jayer Burgundy from 1988, 1989 and 1990 vintages, along with Italian and Rhône wines, a Sotheby’s spokesperson said.

The wine is expected to raise HK$46.8 million for the collector.

Clark is the latest prominent wine collector to tap the still-growing Hong Kong wine auction market, which now stands as the largest in the world.

Former Manchester United coach Alex Ferguson raised millions auctioning part of his collection in Hong Kong recently.

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