Martin Shkreli To Destroy $2M Wu Tang Album

Martin Shkreli To Destroy $2M Wu Tang Album

Former CEO of Turing Pharmaceuticals Martin Shkreli really doesn’t seem to care what the world thinks of him. The thirty-two year old former hedge fund manager attracted a barrage of criticism when he decided to raise the price of Daraprim by more than 5000%. The drug which is used as part of the treatment of conditions including cancer, HIV and malaria sold for $13.50 a pill until Turing raised the price to an incredible $750.

Martin Shkreli also has an obsession with music: he was an investor in Collect Records (the label managed by No Devotion lead singer Geoff Rickley) until they severed their association with him following the revelation of Turing’s actions over Daraprim.

Last December Shkreli paid $2 million in an auction to buy the only existing copy of the Wu Tang Clan double album Once Upon A Time In Shaolin. The US hip hop band had installed a legal clause that whoever purchased the record could not exploit it commercially until 2103 although it could be made available as a free release.

This week Shkreli and the Wu Tang’s Ghostface Killah have been involved in an online spat with the rapper apparently calling him ‘a s***head’. In retaliation the entrepreneur tweeted:

‘Ghost mad that Shaolin outsold his last 5 albums… dude’s a non-profit rapper. Calls himself ironman, but sounds rusty AF @GhostfaceKillah’

‘A @GhostfaceKillah response tomorrow evening. Don’t cry, Ghost. All rap careers come to an eventual end. Long time coming, motherf*****.’

According to a new profile on ‘Shkreli says he vacillates between wanting to destroy the record and dreaming of installing it in some remote place so that people have to make a spiritual quest to listen.’

Martin Shkreli is currently on bail following his arrest by the FBI last year on allegations of widespread securities fraud.


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