The 11th Global Alba Truffle Auction was recently held in the small town of Grinzane Cavour near Alba, Italy. Private-equity investor Joseph Bae, of Kohlberg Kravis Roberts & Co., Hong Kong, set his sights on an exquisite Alba Truffle. This particular truffle weighed in at 750gms (1lb 10oz) and was eventually bought by Mr Bae for a princely sum of 1 million Hong Kong Dollars, or £90,000.
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