Never screw a billionaire…

You never know it from their website, but Rock Island Auctions is in a bit of hot water. According to this article, Rock Island may have messed with the wrong guy. It sounds like the gun-auction company screwed with William Koch. Not smart.

Rock Island Auctions is feeling the heat
Rock Island Auctions is feeling the heat.

William Koch does not like to be messed with. According to Forbes, he’s the 316th wealthiest man in the world. And judging by his litigious past, he’s also damn ornery. A few years ago he was involved in a deal for several bottles of wine that were said to have been owned by Thomas Jefferson. They weren’t, and when Koch found out he wasn’t nice about it.

If you have the time, check out this article in the New Yorker. It’s an interesting account of the man and the auction business.

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1 thought on “Never screw a billionaire…

  1. The New Yorker article was a real adventure story. Too bad it didn’t have a clear conclusion. I was in the wine business for 29 years and never paid more than wholesale for any wine. Collector wine is a collecting field for skydivers.

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