Hong Kong Entrepreneur Buys 30 Rolls' for £20m

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In what is believed to be the single biggest order for Rolls-Royce cars, flamboyant Chinese businessman Stephen Hung has just ordered 30 for a total of £20m.

The cars, all personalised Rolls-Royce Phantoms, will be used solely to take guests to and from the hotel and casino at Hung's new Macau gaming resort. The complex, which has been said to be the most extravagant in the world, sees the penthouse suite priced at $130,000 per night.

Most Expensive Phantoms

Of the 30 cars, two of them will be the most expensive Phantoms that the luxury car manufacturer has made. Said to be worth around $1m each, Hung, the chairman of the Louis XIII company explained the purchase:

“Louis XIII and Rolls-Royce Motor Cars share the same philosophy: to deliver the perfect experience to the world’s most discerning customers,”

Mr Hung was speaking at a signing ceremony for the record deal at the Goodwood, UK HQ of BMW-owned Rolls-Royce.

The personalisation of the long wheelbase Phantoms on the order include:

• custom red bodywork
• black leather interior with detailing echoing the lobby of the hotel
• bespoke clocks by Graff

Rolls-Royce, who has also designed the driveway for the Cotai Strip complex has said it will train the chauffeurs to handle the unique nature of the cars.

Under the terms of the contract, Louis XIII will pay Rolls-Royce a $2m deposit upfront followed by another $3m in December. The $15m balance will be paid upon delivery of the cars.

 

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