Billionaire collector William Koch is set to sell more than 20,000 bottles of wine selected from his personal Palm Beach cellar come this May. The reason: he’s got too much to ever drink.
“With around 43,000 bottles, I could not possibly consume everything in my cellar, so I am delighted to offer this selection to allow collectors all over the world to enjoy the glorious moments that come with these wines,” Koch said in a Sotheby’s-issued release announcing the Wines from the Cellar of William I Koch auction.
The three-day auction, managed by Sotheby’s, will be split into 2,700 lots to be sold over the course of May 19, 20 and 21 in New York. Rare wines and elite 20th century vintages, such as 20 bottles of Château Mouton Rothschild 1945; 125 lots of Chateau Latour, including a special concentration of a 1961 vintage in a 6-litre bottle; and a collection of 4.5-litre Domaine de la Romanée-Conti Jeroboams and 6-litre Methuselahs will be included. The auction is expected to fetch between $10.5- and $15 million.
Koch–who is a sibling of David and Charles Koch–has so much wine, reportedly around 43,000 bottles, that he’s completely wallpapered a bathroom in the cellar with the labels of bottles that have already been consumed and created a ceiling out of the corks. Yowsa. His collection is one of the largest private collections amassed, says Jamie Ritchie, CEO & President Americas and Asia Sotheby’s Wine.
“Bill Koch has one of the greatest cellars in the world, packed full of legendary wines that all collectors want to try. Bill focused on the highest quality: the greatest producers from each region, together with the best vintages.”