Biggest Rolls-Royce Order Ever Placed: Casino Owner Buys 14 Phantoms for $20 Mil

(Associated Press) - A Hong Kong tycoon has placed the biggest ever order for Rolls-Royce cars, agreeing to buy 30 Phantoms to chauffeur guests at a luxury resort he's building in the global gambling capital of Macau.

Stephen Hung's $20 million purchase surpasses the 14 Phantoms bought by Hong Kong's Peninsula Hotel in 2006. Hung and Rolls-Royce executives signed the deal Tuesday at the company's Goodwood factory in England.

The Extended Wheelbase Phantoms will be used for guests at Hung's "ultra-luxury" Louis XIII hotel, which is scheduled to open in early 2016. Rolls-Royce said two of the cars will be the most expensive Phantoms ever commissioned, complete with "gold-plated accents" on the outside and interior.

Louis XIII Holdings Ltd. said it will pay the automaker a $2 million deposit, $3 million more by the end of the year and the remaining $15 million when the cars are delivered in the first half of 2016.

The Phantom's list price is about $600,000 but many buyers order custom features that push prices much higher.