Chinese mop up Lloyd Webber wine

In a sure sign China’s growing prosperity is reaching bubble proportions, bidders have paid top dollar in Hong Kong for part of Andrew Lloyd Webber’s vast wine collection.

Lord Lloyd Webber, who made his fortune through musicals such as Cats and Phantom of the Opera, put up 746 lots, mainly cases but also some individual bottles, because he no longer had room for them.

The sale, held by Sotheby's at the Mandarin Oriental Hotel, fetched a total of £3.5 million ($7.4 million) and featured nearly 9000 bottles of classic French wines, including what experts regard as the finest white Burgundies ever for sale in the region.

The amount was well above the estimated £2.6 million and was attended by a capacity crowd as well as telephone and internet bidders.

Lord Lloyd Webber began accumulating select bottles when he was a teenager and would have fine vintages delivered to him at Westminster School, where he was a student.

The most expensive bottle overall was a magnum 1990 Domaine de la Romanée Conti, which sold for £17,460, while the priciest standard-sized bottle was a 2002 Domaine de la Romanée Conti – three bottles of which sold for £8400 each.

The most expensive lot in the sale was a case of Chateau Petrus 1982, which sold for £48,500, or more than £4000 a bottle. The Petrus, a Bordeaux wine, is consistently among the world’s most expensive wines.

In May 2007, Sotheby’s held a two-day sale in London of 18,000 bottles from Lord Lloyd Webber’s collection, which fetched £3.7 million. The auction created a new world auction record for any wine sale ever held.

Last year a 1869 bottle of Chateau Latife was sold in Hong Kong for £151,250 – making it the most expensive standard-sized bottle ever sold at auction.

Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

Comments & Questions

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot


Sym Price Change
USD 0.6750 0.0000 0.00%
AUD 0.9373 -0.0010 -0.11%
EUR 0.6057 -0.0007 -0.12%
GBP 0.4619 -0.0001 -0.02%
HKD 5.2435 -0.0002 -0.00%
JPY 74.2850 -0.0760 -0.10%


Commodity Price Change Time
Gold Index 1229.2 -19.340 2016-05-24T00:
Oil Brent 49.2 0.250 2016-05-24T00:
Oil Nymex 48.6 0.540 2016-05-24T00:
Silver Index 16.2 -0.170 2016-05-24T00:


Symbol Open High Last %
NZX 50 6873.8 6924.7 6872.7 0.51%
NASDAQ 4792.9 4866.0 4765.8 2.00%
DAX 9798.9 10077.6 9842.3 2.18%
DJI 17525.2 17742.6 17492.9 1.22%
FTSE 6136.4 6231.9 6136.4 1.35%
HKSE 20156.8 20358.0 19830.4 2.63%
NI225 16764.3 16806.0 16498.8 1.68%