Freitas isn't too discretionary when it comes to what he buys either, having just bought a 15,000 album set of polka records and another 300,000 set of Cuban records. It's also nothing for him to strike a deal for a million+ collection for millions of dollars.
The obsession came early, as he owned 3,000 records by the time he left high school and 30,000 by the time he was 30. When the bus company he owned expanded and he became wealthy 10 years later, there was no stopping his purchasing. He has never listed a record he owns for sale.
After all these years of hording, Freitas has decided to share his collection with the world and is preparing a non-profit library called Emporium Music, which will feature listening stations and even a lending service of duplicate records. There's no time-table on when it will be completed, but many friends consider this a big step forward, considering how low-profile he's been through most of his collecting career.
There's a fantastic article on Freitas with a lot more detail in the New York Times by Monte Reel that you should definitely read if you're interested.
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