NEWS
HONG KONG ENTERTAINMENT TYCOON ALBERT YEUNG’S WINE COLLECTION SOLD FOR USD2.27M
By Siulan Law Mathews DipWSET
11-9-2025
Source: Sotheby's
Hong Kong entertainment tycoon Albert Yeung’s fine wine collection has been sold for HKD17.7 million (USD2.27m) in a Sotheby’s auction, almost 77 per cent higher than pre-sale estimates.
All of the 161 wine lots were sold, and the amount raised exceeded Sotheby’s USD1.3 million estimate by a wide margin.
The collection, titled The Majestic Cellar of Dr Albert Yeung, includes selections from Domaine de la Romanee-Conti, Petrus and Chateau Palmer.
The most expensive lot went for HKD625,000 – three Magnum-sized bottles of Romanee Conti 1997, versus its low estimate of HKD480,000.
That was followed by 12 bottles of Petrus 2005, which sold for HKD437,500.
Yeung, 82, is chairman of Hong Kong-based Emperor Group, a conglomerate with businesses ranging from entertainment, real estate to watches and jewellery and financial services, according to its website.
Hong Kong is an important wine hub in Asia, with zero duties attracting the global rich to store their collections in the city. Billionaire Joseph Lau also sold several collections of wine at Christie’s over the past few years, fetching more than USD25 million in total.
(the writer can be contacted at: info@thewinechronicle.com)
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