Crypto Mogul Buys Banana Worth Rs 52 Crore, Eats It At An Event

Justin Sun, who outbid a few other bidders to get the artwork, ate the banana at a press conference in Hong Kong

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The entrepreneur said eating the banana was his contribution to it's history.(Photo: X/@justinsuntron)

Highlights

A man buying a very expensive banana artwork and eating it has gone viral
He held a press conference and ate the banana in front of everyone.
Read on to know more.

It's not every day a banana makes headlines – and definitely not for being worth millions. But that's exactly what happened when artist Maurizio Cattelan's ‘Comedian' - a banana duct-taped to a wall - sold at a Sotheby's auction for a mind-blowing Rs 52 crore ($6.2 million). Yes, you read that right – over six million dollars for a piece of fruit! The piece, while raising eyebrows, turned into a conversation starter about the absurdity of the modern art world. But it wasn't until Chinese entrepreneur Justin Sun, known for his role in cryptocurrency, stepped in that the banana really stole the spotlight.

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Sun, who outbid a few other bidders to get the artwork, decided to make the moment even more ridiculous (in a good way) by eating the banana at a press conference in Hong Kong, The BBC reported. “It's much better than other bananas,” he joked, poking fun at how a simple piece of fruit could end up costing millions. The act was both a stunt and a statement, with Sun saying that by eating the banana, he was making his own contribution to the piece's history.

Watch Justin Sun's video below:

许多朋友问我这根香蕉的味道如何。老实说，对于一根有如此故事的香蕉，味道自然和普通香蕉不一样。我品尝出了一种100年前大麦克香蕉的味道。🍌 pic.twitter.com/ddo8pEjatx— H.E. Justin Sun 🍌 (@justinsuntron) November 29, 2024

The banana was originally sold by Shah Alam, a 74-year-old immigrant from Bangladesh, for just 35 cents (Rs 29) at his fruit stand in New York. Alam, who works long hours at his stand selling fresh produce, had no idea he was part of an art revolution. When he heard how much his banana had fetched at auction, he couldn't believe it. “I am a poor man. I have never had this kind of money,” Alam told the New York Times, clearly in shock.

Despite his newfound fame (and the crazy amount of money tied to his banana), Alam still seemed a bit baffled. “Do they not know what a banana is?” he asked, in disbelief over how something so simple could be valued so highly.

Justin Sun decided to show some love to Alam by buying 1 lakh bananas from his stand.

To thank Mr. Shah Alam, I've decided to buy 100,000 bananas from his stand in New York's Upper East Side. These bananas will be distributed free worldwide through his stand. Show a valid ID to claim one banana, while supplies last. https://t.co/jbCnh0u3JI— H.E. Justin Sun ???? (@justinsuntron) November 28, 2024