Damien Hirst Loses $330K Truffle Auction

In many ways British artist Damien Hirst is like Richard Pryor in Brewster's Millions, except less black and less funny. But Hirst, like Pryor, has a ton of cash and needs to spend it in seemingly ridiculous and prodigal ways! Hirst's latest cash wad is wending its way back out of his bank account; it arrived from the sale of his $100-million diamond-encrusted skull, "For the Love of God." How is he spending it? By bidding on white truffles, of course. Duh!

One of the biggest truffles found in half a century — a 1.5 kg (3.3 lb) specimen unearthed in Italy late last month — has sold for $330,000 (161,000 pounds) at an auction held simultaneously in Macau, London and Florence.

The giant fungus was presented on a silver platter by an Italian chef flanked by Chinese models to the flash of cameras ahead of the auction at Macau's Grand Lisboa Hotel.

Sadly Hirst was outbid by Stanley Ho, a Macau casino mogul. So now he's got all this cash to spend and no truffles. He must be thinking, "What would Richard Pryor do?" History recommends: Do a ton of coke and talk about pussy and Gene Wilder.