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First bottle of Yao’s new wine auctioned off for big bucks

November 28th, 2011
by John

On Sunday night in Shanghai, Yao Ming attended a Special Olympics East Asia charity gala where several items were auctioned off, including the first bottle of wine from Yao’s new winery.

November 27th, 2011 - Yao Ming auctions off the first bottle of his new wine at a charity auction in Shanghai

November 27th, 2011 - Yao Ming auctions off the first bottle of his new wine at a charity auction in Shanghai

The bottle of wine and a Salvatore Ferragamo shoe last from custom-made shoes recently made for Yao were auctioned off for 200,000 RMB together (US $31,000). Yao’s most recent Facebook post states that the wine made up about US $20,000 of that total. A total of 2.89 million RMB (US $450,000) was raised at the charity auction. Well done!

Click here for more photos from the charity gala and auction, thanks to Raymond in China.

Meanwhile, the Wall Street Journal came out with an article today that goes into more details about Yao’s entry into the wine making business. It’s clear that Yao is in the business for the long haul.

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