'Pharma Bro' Martin Shkreli selling his $2M Wu-Tang album

But he can "cancel this sale" at any time...

(KGTV) - Just a month after being convicted of securities fraud, ex-pharmaceutical CEO Martin Shkreli is selling his one-of-a-kind Wu-Tang album he purchased from the group for a mammoth $2 million.

The infamous "Pharma Bro," gained notoriety after hiking the price of an AIDS drug from $13.50 to $750 a pill, posted an eBay listing for the coveted album late Tuesday.

The listing, titled "Wu-Tang Clan - Once Upon A Time In Shaolin - Rare CD!," features the Wu-Tang Clan's album "Once Upon A Time in Shaolin" which the group only released one copy. Shkreli confirmed the listing on his Facebook page as well.

RELATED: Martin Shkreli convicted of securities fraud, conspiracy

Shkreli said he would donate half the proceeds of the sale to "medical research" and bidding has reached at least $200,000, as of 1 p.m. Wednesday. The auction ends on Sept. 15.

Perhaps concerning, though, Shkreli says he may choose to "cancel this sale and I may even break this album in frustration."

When Shkreli purchased the album in 2015, he had to abide by rules saying he couldn't "communicate" or share the album for 88 years.

RELATED: 'The most hated man on the internet' buys world's most expensive album

The album comes in two hand-crafted nickel-silver boxes and was created over the span of six years.

"I am not selling to raise cash--my companies and I have record amounts of cash on hand. I hope someone with a bigger heart for music can be found for this one-of-a-kind piece and makes it available for the world to hear," Shkreli's post reads.

Here's the full eBay listing:

This is the one and only Wu-Tang album.

I decided to purchase this album as a gift to the Wu-Tang Clan for their tremendous musical output. Instead I received scorn from at least one of their (least-intelligent) members, and the world at large failed to see my purpose of putting a serious value behind music. I will be curious to see if the world values music nearly as much as I have. I have donated to many rock bands and rappers over the years to ensure they can continue to produce their art when few others would.

At any time I may cancel this sale and I may even break this album in frustration. I will donate half of the sale proceeds to medical research. I am not selling to raise cash--my companies and I have record amounts of cash on hand. I hope someone with a bigger heart for music can be found for this one-of-a-kind piece and makes it available for the world to hear.

Martin Shkreli

Upon sale, I will represent & warranty any copies of the music I have will be destroyed. I have not carefully listened to the album, which is a double CD. There is also a finely crafted booklet which you can read about elsewhere. I will pay legal expenses for the buyer up to $25,000 to ensure the final purchase details are mutually agreeable.

RELATED: New lawyer silences bad-boy ex-pharma CEO Martin Shkreli

Shkreli, dubbed at one point as the "most hated man in America," was convicted in August of two counts of securities fraud and a single count of conspiracy for mismanagement of investment funds.

Federal prosecutors accused Shkreli of bilking investors out of more than $11 million between 2009 and 2014.

Print this article Back to Top