'Most hated' man in America buys elusive Wu-Tang Clan album

(Washington) -- Martin Shkreli has been called the most hated man in America and the pharmaceutical tycoon's reputation looks set to get worse after he bought the vaunted secret Wu-Tang Clan album.

See Full Article

The New York rap collective revealed last year that it had recorded only one copy of a 31-track double-album entitled "Once Upon a Time in Shaolin," kept in a vault with a leather-bound 174-page lyric book waiting for a buyer.

Bloomberg BusinessWeek on Thursday revealed that Shkreli had bought the album for $2 million.

The 32-year-old executive immediately teased Wu-Tang Clan fans, writing on Twitter that he "may play something special."

The agreement forbade Shkreli from reselling "Once Upon a Time in Shaolin" but gave him the right to stream it for free online.

The entrepreneur is best known to the public after his company, Turing Pharmaceuticals, in September decided to raise the price of Daraprim, a drug used to treat HIV-positive people, from $13.50 to $750.

The move earned him the moniker in the media as the "most hated man in America"

"No one -- including Martin Shkreli -- should have the power to price-gouge American families," Democratic presidential frontrunner Hillary Clinton said at the time, with Republican candidate and fellow tycoon Donald Trump calling Shkreli "a spoiled brat."

One of Shkreli's favorite ways of self-expression is a livestream of himself on YouTube, in which he speaks about chemical molecules or surfs dating sites.

"It's good because people get to see what I'm like, and most people are like, 'Oh, you're not as bad as I thought'," he said in November.

The Wu-Tang Clan -- which has fashioned itself as socially conscious, despite frequent feuds with other rappers -- found itself on the defensive after Shkreli was revealed as the buyer.

"The sale of 'Once Upon a Time in Shaolin' was agreed upon in May, well before Martin Skhreli's (sic) business practices came to light," RZA, generally seen as the leader of the ensemble, said in a statement.

"We decided to give a significant portion of the proceeds to charity."



Advertisements

Latest Entertainment News

  • Gwyneth Paltrow becomes beauty specialist, pranks customers

    Entertainment Toronto Sun
    Gwyneth Paltrow recently surprised unsuspecting fans by going undercover as a beauty specialist for her pal Derek Blasberg’s new prank series. The actress and lifestyle guru joined Blasberg to test out her skills as a masseuse, a spray tanning expert, and a waitress during a day of gags around Los Angeles. Source
  • Obamas celebrated at their last Kennedy Center gala

    Entertainment CTV News
    WASHINGTON -- The longest, loudest standing ovation of the Kennedy Center Honors gala wasn't reserved for Al Pacino, Mavis Staples or the Eagles. Instead, it went to the man sitting to their left, attending his eighth and most likely his last honours presentation: President Barack Obama. Source
  • 'The Walking Dead': The 5 best moments from 'Sing Me a Song'

    Entertainment Toronto Sun
    What Negan wants, Negan gets. Food, medicine, lots of wives, a whole new town… The Walking Dead’s big baddie, played with oily charm and oozing menace by Jeffrey Dean Morgan, gives us a deeper glimpse inside his world in this week’s episode of AMC’s zombie apocalypse drama. Source
  • 'Last Tango in Paris' rape scene revelation sparks outrage

    Entertainment CTV News
    LOS ANGELES -- "Last Tango in Paris" is making headlines again 44 years after the controversial film came out. A recently unearthed video interview with Italian director Bernardo Bertolucci from 2013 has renewed interest, and outrage, over what happened to actress Maria Schneider on set during the infamous butter rape scene. Source
  • Elton John dismisses retirement rumours

    Entertainment Toronto Sun
    Elton John has laughed off reports suggesting he is planning to retire from music after another round of shows. The legendary singer took to social media to calm the fears of his fans after media outlets claimed he would be stepping out of the limelight next year. Source
  • Jennifer Aniston pokes fun at Friends character on SNL

    Entertainment Toronto Sun
    Jennifer Aniston joined comedienne Vanessa Bayer to poke fun at her former Friends character Rachel Green on Saturday Night Live this weekend. Bayer took part in a Weekend Update segment comedy skit about 1990s nostalgia as the TV character, complete with her famous hairdo, and was joined by the real Aniston, her co-star in new movie Office Christmas Party, who appeared not to be amused by the impersonation. Source
  • 'Luke Cage' renewed for second season

    Entertainment Toronto Sun
    Marvel confirmed on Twitter Sunday that its Netflix series Luke Cage will get a second season. The show features Mike Colter as the title character, a wrongfully convicted man, who escaped prison after being given super strength and invincible skin in a secret experiment. Source
  • 'Last Tango in Paris' butter-rape scene was done without teen actress' consent, Bertolucci admits in video

    Entertainment Toronto Sun
    Jessica Chastain, Chris Evans and Evan Rachel Wood are disgusted by director Bernardo Bertolucci’s admission he staged a brutal rape scene in Last Tango in Paris without teenage actress Maria Schneider’s consent. In a 2007 interview with U.K. Source
  • 'Moana' still on top of box office

    Entertainment Toronto Sun
    LOS ANGELES — Audiences came back for a second helping of Moana and Fantastic Beasts and Where to Find Them this weekend. Both family-friendly films topped the post-Thanksgiving box office charts, with Moana bringing in US$28.4 million and Fantastic Beasts earning $18.5 million, according to studio estimates Sunday. Source
  • Jewish family battles Spain museum over art looted by Nazis

    Entertainment CTV News
    LOS ANGELES -- The latest step in a Jewish family's 16-year battle to reclaim a priceless painting their heirs surrendered in exchange for safe passage out of Nazi Germany moves to a Southern California courtroom on Monday. Source