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Article: Feature; White truffle: Super rich's status symbol.(Opinion & Editorial)
- Article from:
- Manila Bulletin
- Article date:
- December 21, 2007
CopyrightCOPYRIGHT 2007 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: HAZEL PARRY Deutsche Presse Agentur
HONG KONG - It used to be a Rolex or a top of the range Mercedes. Now the ultimate status symbol for Asia's super rich is the Italian white truffle.
Over the last three years some of Asia's wealthiest tycoons have put up record amounts of cash at auctions to become the proud owners of huge specimens of the delicacy known as "white gold" because of its rarity and high price.
The latest was casino mogul Stanley Ho who on December 1 paid an astonishing 330,000 US dollars via satellite from his home turf of Macau for a white truffle weighing 1.5 kilograms, out-bidding celebrities and movie stars in London and Florence at ...