By Richard Eden, Telegraph.co.UK
As Joan Collins and her friends descend on St Tropez this week for a party on board Lady Joy, the yacht owned by the American socialite Denise Rich, they have been made to look positively austere.
Mandrake hears that two rival billionaires spent a staggering €2 million (£1.77 million) on champagne at Les Caves du Roy nightclub. Zhen Low, the younger brother of the Malaysian tycoon Jho Low, became involved in a competition with Winston Fisher, a New York property developer, to see who could order more £600 bottles of Cristal for their chums.
Guests included Paris Hilton, the socialite, who helped the cherubic Jho celebrate his 28th birthday with a four-day party in Las Vegas last year.
“Even by the standards of Les Caves, this was something else,” says my man on the Côte d’Azur.
By ANI – Saturday, July 24, 2010 – breakingnews.gaeatimes.com
NEW YORK – In what could be called as a lavish fight, a pair of rival billionaires set a new world record at a New York nightclub to see who could order the most champagne.
Zhen Low- the younger brother of big-spending Malaysian billionaire Jho Low-squared off against Winston Fisher of the prominent New York real-estate family at Les Caves du Roy nightclub in St. Tropez.
At the end of the night, Low was the “winner” by raking a bill of a staggering 2 million euros-or 2.6 million dollars- according to an announcement made at the club, reports the New York Post.
Witnessing the revelry/rivalry were Thor Equities CEO Joseph Sitt, SBE CEO Sam Nazarian and Paris Hilton, who helped Jho Low celebrate his 28th birthday last year at a four-day party in Las Vegas.
The Low brothers are third-generation members of a distinguished Penang-based family involved in industries ranging from real estate to high-tech across the world. (ANI)
Also Read: Who Is This Young Millionaire, Taek Jho Low?
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