$5 Million stamp collection auction to benefit Doctors without Borders (New York Times)
Yachts and fine art are often the hobbies for wealthy money managers. For Warren E. Buffett, it’s bridge.
But for William Gross, manager of the bond powerhouse Pimco, his passion for the last 15 years has been collecting stamps.
Now, Mr. Gross plans to auction off his collection of classic British stamps and donate the entire proceeds, estimated at $4 million to $5 million, to Doctors Without Borders . . .
Full story at:
(Includes picture of all three of the world’s first adhesive postage stamps on one envelope)