Shkreli is done with all the heat the Wu-Tang album brings.
It looks like Martin Shkreli is selling his one-of-a-kind Wu-Tang album. The embattled and much-hated pharmabro is unloading the album on eBay, citing the strife that it’s caused him since he purchased Once Upon A Time In Shaolin for a cool $2 million.
In spite of Shkreli’s very public run-ins with the law and the heat he caught for raising the price of drugs that his company owned, Shkreli assures potential buyers that he’s not selling the album out of any financial need. He just wants to wipe his hands of the CD that — when coupled with his actions as CEO and his unhinged interviews — helped to make him one of the most hated men on the internet.
The bidding has currently reached $100,500 with 202 bidders trying to claim the rarely heard work.
Check out Shkreli’s description of the album and his reasoning for the sale.
“This is the one and only Wu-Tang album, he wrote. “I decided to purchase this album as a gift to the Wu-Tang Clan for their tremendous musical output. Instead I received scorn from at least one of their (least-intelligent) members, and the world at large failed to see my purpose of putting a serious value behind music. I will be curious to see if the world values music nearly as much as I have. I have donated to many rock bands and rappers over the years to ensure they can continue to produce their art when few others would.
“At any time I may cancel this sale and I may even break this album in frustration. I will donate half of the sale proceeds to medical research. I am not selling to raise cash–my companies and I have record amounts of cash on hand. I hope someone with a bigger heart for music can be found for this one-of-a-kind piece and makes it available for the world to hear.”
Shkreli says he’ll destroy all copies that he owns. He’s so ready to get out from under the album that he’s wiling to pay up to $25,000 in legal fees for anyone he sells it to, to ensure that their business is on the up-and-up.
“Upon sale, I will represent & warranty any copies of the music I have will be destroyed,” he wrote. “I have not carefully listened to the album, which is a double CD. There is also a finely crafted booklet which you can read about elsewhere. I will pay legal expenses for the buyer up to $25,000 to ensure the final purchase details are mutually agreeable.”
Is he being truthful?
What do you think? Is Shkreli in dire financial straits? How much do you think he’s ultimately going to lose on this deal? Do you believe that he really just wants to be rid of the album and the attention it has brought him? Can you really send hundreds of thousands of dollars via Paypal? Let us know what you think in the comments and be sure to SHARE this article.