The Very Rich Buy a $7,000 Puppy and Help Raise Nearly $3 Million
Last time we checked in on the 1%, we saw how they do a night out of the town. This past Thursday, at the Park Avenue Armory, we saw how the über wealthy give back. The night–the 16th Annual Samuel Waxman Cancer Research Foundation (SWCRF) For A Cure Dinner and Auction– honored Arthur Imperatore with the Humanitarian of the Year Award and fête Tadashi Shoji who received the night’s Fashion Cares Award
As you would imagine the night– a dinner with an auction followed by a performance from musical act train-was filled with gratuitous spending as well as dressed in glorious gowns (read expensive) and their finest jewels. A rarefied group of finance types including corporate executives, board members helped raised nearly $3 million at the event. They did so by bidding on items that seem foreign and unimaginable to us the 99%. One really generous bidder won a five-night stay aboard a Private Yacht complete with a private jet a private jet and seaplane. The package which sold for $135,000 was the highest auction of the night. Other notable items sold at the auction include puppies sold $7,000 (no word on whether they are from ethical farm), a private wine tasting for 25 at Italian Wine Merchants for $19,000 and so many more.
The night concluded with a rousing performance from The Train. Guests including Hugh Hildesley (Sotheby’s Executive Vice President & Auctioneer), Spencer Waxman (SWCRF Board of Directors), James Frankel(SWCRF Board of Directors), Mary Kantor (SWCRF Honorary Board Member), Ruth Finley(Founder and Publisher of Fashion Calendar), Martina Arroyo (Opera Singer) and Andrea Powell (Actress, Ender’s Game), jammed to the tunes of the pop act.
The proceeds from the auctions will support the Foundation’s research efforts to produce a cure for cancer by reprogramming cancer cells to deliver tailored, minimally toxic treatments to patients.