Wu-Tang Clan's Once Upon a Time in Shaolin Buyer Revealed

BURBANK, CA - OCTOBER 02:  (L-R, standing) Rappers Ghostface Killah, Method Man, GZA, RZA, Inspectah Deck, Cappadonna, Raekwon, (L-R, seated), Masta Killa and U-God of the Wu-Tang Clan pose at a press conference to announce they have signed with Warner Bros. Records at Warner Bros. Records on October 2, 2014 in Burbank, California.  (Photo by Kevin Winter/Getty Images)

Wu-Tang Clan's Once Upon a Time in Shaolin Buyer Revealed

The buyer may raise your eyebrows.

Published December 9, 2015

It recently made headlines that Wu-Tang Clan sold their illustrious, one-of-a-kind Once Upon a Time in Shaolin album and now we know who the buyer was.

Martin Shkreli​ — a drug company owner known for raising the price of single tablets of an AIDS medicine to $750 — is the new owner of the LP, according to Bloomberg Business. Apparently he wanted the album not for his fanhood of the group, but rather for the opportunity to make headlines and hang out with people he deemed famous.

"We didn’t have a ton in common. I can’t say I got to know [RZA] that well, but I obviously like him," he told the publication while admitting he hadn’t listened to the album yet. "I could be convinced to listen to it earlier if Taylor Swift wants to hear it or something like that," he said. "But for now, I think I’m going to kind of save it for a rainy day."

Shkreli did not reveal how much he paid for the album, however initial reports say he shelled out north of $2 million for the rare project. To semi-save face, RZA issued a statement to Bloomberg claiming the album was purchased in May, far before Shkreli made headlines for raising the price of the AIDS drug. He also said a significant portion of the proceeds went to charity. Uh… Okay?

Knowing Shkreli, he’ll probably flip the album for four mill and use the profits to help him acquire a second company so he can price control another drug people desperately need.

BET.com is your No. 1 source for Black celebrity news, photos, exclusive videos and all the latest in the world of hip hop and R&B music.

(Photo: Kevin Winter/Getty Images)

Written by Paul Meara


Latest in news