Tuber magnatum auction update

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.

Tuber magnatum auction update

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. In all, the truffle auction raised over £212,121.00 and the total proceeds went to support three children's charities -- the Changing Young Lives Foundation and Mother's Choice in Hong Kong and the village of Tempera, Italy, which will use the funds to rebuild a children's nursery destroyed in a recent earthquake. Mr Bae was keeping the fate of his prize close to his chest, but he and five of his fellow business men did dine out that night on a special eight course truffle based meal, prepared by Italian chef, Massimo Camia.

For further information on this or any aspect of truffles (no matter what country you are in), please get in contact: Shop@PlantationSystems.com or +44(0)1433 659 167

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