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Golden Palace

  • AP
  • AP
  • AP
  • AP
  • In recent years, entrepreneur Lam Sai-wing's "Swisshorn" gold palace in Hong Kong -- containing, at its peak, six tons of gold -- had become an attraction for mainland Chinese tour groups and a boon for Lam's retail jewelry business. At left, visitors toured the palace on the first day the completed display was opened to the public, less than two years ago.
  • As a boy growing up in Cultural Revolution-era China, Lam was obsessed with gold. In 2001, as his jewelry-manufacturing business faced a fierce retail market, he dreamed up the golden palace as a gimmick. At left, Lam in the bathroom of his golden palace.
  • Lam's retail business, Hang Fung Gold Technology Group, was listed in the Guinness World Records in 2001 for its "Most Expensive Bathroom" and "Most Expensive Toilet."
  • "I don't care if gold hits $10,000 an ounce," Lam says. "I'm not melting it down."

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