Melt everything else but the toilet

July 8, 2008 4:46:02 AM PDT
A Hong Kong entrepreneur is sitting on a fortune.

Lam Sai-wing says he's never giving up his solid gold toilet.

But as the price of gold soars into the stratosphere, Lam is melting down other parts of his six-ton, palace of gold.

The Wall Street Journal reports the gold bathroom sink is history, as are the golden chandeliers.

As a boy growing up in China, Lam was obsessed with gold.

An apprenticeship as a goldsmith grew into a thriving wholesale jewelry business.

And he eventually built the golden palace, which has become a popular tourist attraction.

But Lam says even at $10,000 an once, he'd never sell his 24-carat commode.