Thursday, August 11, 2022

Convicted ‘Pharma Bro’ Martin Shkreli Puts Wu-Tang Clan’s Lone ‘Shaolin’ Album on eBay

Martin Shkreli
Martin Shkreli

*Martin Shkreli, a.k.a the “pharma bro” who famously raised the price of an AIDS drug from $13.50 to $750 per pill, has put the Wu-Tang Clan album he purchased for $2 million in 2015 on eBay.

A sentencing date has yet to be set for the former hedge fund manager and pharmaceutical executive, who was convicted on three counts of securities fraud last month, but not before paying $2 million for the only copy of Wu Tang Clan’s album, “Once Upon a Time in Shaolin.”

According to the album’s eBay listing, which Shkreli posted on his Facebook page, he intends to donate half of the sale proceeds to unspecified “medical research.”

Per the terms of the original sale, Shkreli agreed “to not commercialize the content of the artwork to the public for a period of 88 years.”

Shkreli said he hopes the album finds a buyer who “makes it available for the world to hear,” although he added the caveat, “At any time I may cancel this sale and I may even break this album in frustration.”

“Once Upon a Time in Shaolin” is a double CD and comes with a “finely crafted booklet.” The current bid at press time was $201,100.

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