Emirates raises $250,000 for kids charity
By Administrator |
Emirates has found a winner for the one-off Mont blanc centennial chronograph watch that it has been auctioning to try and raise money for a United Arab Emirates foundation that helps disadvantaged children around the
world.
A minimum bid level of $65,000 was set back in March for the 18-carat solid white gold timepiece, which features a bezel set with black and white diamonds and a 43-faceted diamond on the crown.
But a final bid of $250,000 from Michael Ezra Mulyoowa from Africa delivered much more than the organisers had expected and the Chairman and Ceo of Emirates, HH Sheik Ahmed bin Saeed Al-Maktoum described it as probably the biggest transaction ever made in the travel retail industry.
He added that all of the proceeds from the auction will now be handed over to the charity foundation.
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