Mystery Shanghai billionaire makes top bid at Napa Valley wine auction
Shanghai Internet entrepreneur David Li, 32, had people talking at the annual Napa Valley wine auction on Thursday when he bid $500,000 for six magnum bottles of 1992 Screaming Eagle Cabernet Sauvignon. Apart from an $840,000 multi-bidder lot, Li's was the highest winning bid that night. While Reuters sees Li's bid as further proof of China's fast-growing wine market, Shanghaiist wonders who this guy is. Li told Reuters he had recently sold his Internet company for $3.5 billion last year, making him a certifiable multi-billionaire. But after searching high and low, Shanghaiist can't find one Google hit on him prior to his bid. He is nowhere to be found on the Hurun IT Rich List and the only Chinese news article we found on this Napa auction looks like it was translated from English and only has him down as Mr Li. Just who is this mystery man? It strikes us as odd that a 32 year old Internet billionaire would be so un-Google-able. Any leads are welcome. A very tiny, blurry picture of him is available here.
Photo by 96dpi.
