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Steve Wynn Purchases 10M dollar Ming Vase then Donates it to Macau Museum

By Chuckmonster on Wednesday, 31st May 2006 10:18am
  » filed under Las Vegas  comments: 1

   

That wacky Steve Wynn pulled another interesting feat over the weekend in Hong Kong. Here's the story from The Age:

Once the slight, grey-haired American was recognised in the Hong Kong auction room, it was no great surprise that Steve Wynn went on to pay a world record price for the small porcelain vase — $10.1 million(US).

What happened next was extraordinary: the Las Vegas casino owner gave away the Ming vase.

The piece he bought at the Christie's sale in Hong Kong on Tuesday was an exceptionally rare 14th-century Ming vase, decorated in copper-red flowers and in pristine condition.

It was assumed he was buying for his ultimate hotel, the 2716-room Wynn Las Vegas.

Instead, Mr Wynn announced he was sending it back to China, giving it to a Macau museum to be enjoyed by all. He may finally have left his critics speechless.



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Comments & Discussion:

 Beanbag posted on Friday, 2nd June 2006 - 10:10 pm

As one of the only three holders of a Macau gambling concession, I am sure that Mr, Wynn will make his $10M back in a few hours when the Wynn Macau opens in a few months. Still, it was a nice touch!



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