Château own­ers dom­i­nate new French rich list

Decanter - - A MONTH IN WINE -

Owning a château is still a pre­req­ui­site for join­ing French high so­ci­ety, it seems, af­ter a sum­mer of ac­qui­si­tions in Bordeaux.

In St-Emil­ion, the Moueix fam­ily bought Clos La Madeleine and Mag­nan La Gaf­fe­lière, while Tro­p­long Mon­dot ex­changed hands for a re­port­edly record fee, ru­moured at more than € 5 mil­lion/ha.

In the ‘ 500 Wealth­i­est in France’ list, pub­lished this sum­mer by Chal­lenges mag­a­zine, six of the top 10 names hold con­nec­tions to the wine world.

The rich­est man in France was named as Bernard Ar­nault, owner of LVMH, which has jewels such as Yquem, Che­val Blanc and Krug fes­toon­ing its port­fo­lio.

In sixth place, with € 21 bil­lion, are Alain and Gérard Wertheimer of Chanel, who are also own­ers of Châteaux Canon and Rauzan-Ségla.

And sev­enth place goes to François Pin­ault at € 19 bil­lion, owner of Châteaux La­tour and Si­uarac in Bordeaux, as well as Gril­let, Eugénie and Eisele fur­ther afield.

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