Macau Casino Magnate Buys Truffles for $330,000

Stanley Ho recently matched his own world record price paid for a truffle when he bought a couple white truffles for a total cost of $330,000 at a truffle auction.

The billionaire made his winning bid through representatives at the event held at his own Grand Lisboa hotel in Macau last week end.

Ho’s winning bid bought him a giant truffle from Italy’s central Tuscany region that weighed about 900 grams and a smaller one of about 400 grams.

The auction in Macau, a former Portuguese colony returned to China in 1999, also saw bidders vie for the delicacy from Rome and London via satellite link, it said.

Ho paid a record 330,000 US dollars in 2007 for a single truffle that weighed almost 1.5 kilograms.

The tycoon’s bid came about two weeks after a Hong Kong-based wine critic paid 105,000 euros (139,000 US dollars) for a giant white truffle at an auction near the northern Italian town of Alba.