Impossible To Believe, Man Bought a Banana For $6.2 Million

Have you heard about this man? its Impossible to Believe but its true, a man named Justin Sun, a Chinese cryptocurrency entrepreneur, purchased a banana duct-taped to a wall for $6.2 million at a Sotheby's auction.

After hearing this i thought why he did it ? Duck 

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Justin Sun, a Chinese cryptocurrency company founder whose net worth is estimated to be at least $1.4 billion, 

This Banana is the centre piece of an art exhibit by Italian artist Maurizio Cattelan, who duct taped the curved fruit to a wall and called it 'COMEDIAN'. in Famous Sotheby's auction house, New York City. 

Story Behind the Duck taped Banana - Shah Alam, 74-year-old's fruit seller , he has had a fruit stand is located near the famous Sotheby's auction house where he sells bananas for 20p each or 79p a bunch.

Cattelan, The seller of the Sotheby's banana had purchased it from one of the original buyers Shah Alam, and was reselling it. For his $6 million, Sun will get a roll of duct tape, instructions on how to "install" the banana and (most importantly) a certificate of authenticity guaranteeing it as an original work of Cattelan's. The banana is not included, since it will quickly rot and need to be constantly changed for display.

This isn't the first time Cattelan has done this, as according to the New York Times he's sold a banana taped to a wall for large sums of money in the past, but those pieces were eventually sold between $120,000 (£94,500) and $150,000 (£118,000). 

This time however, the bidding started at $800,000, but competition among seven bidders after heating bidding it stopped at $6.2 Million 

The banana buyer was one Justin Sun, a Chinese-born cryptocurrency guy, after purchasing the banana he promised he would eat infront of the media , Eventually he did it.

"To be honest, for a banana with such a back story, the taste is naturally different from an ordinary one. I could discern a hint of what Big Mike bananas from 100 years ago might have tasted like," said Sun, the founder of the cryptocurrency platform Tron.

When the fruit seller Shah Alam was told how much the single banana he'd sold had been auctioned off for he cried saying: "I am a poor man. I have never had this kind of money; I have never seen this kind of money."

Cattelan's response to his tears was to say: "The reaction of the banana vendor moves me deeply, underscoring how art can resonate in unexpected and profound ways.

"However, art, by its nature, does not solve problems - if it did, it would be politics."

Sun wrote that as thanks to Shah Alam - the 74-year-old Bangladeshi fruit stand employee who originally sold the banana for just 25 cents - he would purchase 100,000 bananas to be distributed for free to Alam's customers.

The profit on bananas is relatively low, Alam told the paper — only about $6,000 on a purchase of 100,000 bananas. And Alam is an employee of the fruit stand, not its owner.

This is not Artist first Exbit, In 2019 a banana he taped to a wall sold three times at Art Basel Miami before a performance artist called David Datuna peeled the banana off the wall before eating it.

Chinese crypto businessman eats Costliest Snack worth $6.2 million banana art piece

This is not Sun's first venture into multimillion-dollar bids. In 2019, he won a $4.8 million bid to have lunch with Berkshire Hathaway CEO Warren Buffett. In 2021, he put up $28 million to be among the first passengers on Blue Origin's New Shepard spacecraft, though that trip was ultimately canceled.