Arnold Schwarzenegger auctions off luxury watch after customs spat
Austrian and American actor and former governor of California Arnold Schwarzenegger attends a "Special Dinner for Climate Action" press event as part of the Ski World Cup at the Stanglwirt in Kitzbuehel. Johann Groder/APA/dpa

Actor and former U.S. politician Arnold Schwarzenegger auctioned off a €270,000 ($293,547) watch at a charity on Thursday evening to benefit climate initiatives, according to the climate group he founded.

The minimum bid for the watch that Schwarzenegger owns was €50,000 and the proceeds from the auction are to be donated to climate projects.

The sale was preceded by exchanges with customs officials earlier in the week. On Wednesday, the Austrian-born actor was detained by customs at Munich airport when he arrived in Germany.