Wealth and Asset Management
Billionaires’ Wine Thirst Quelled by Record Bordeaux Futures, Sale Prices
Surging demand for Chateau Lafite and other French trophy labels, especially from Asia, has pushed both prices at auction and wine futures to records. Not all wine dealers are happy. The prices for some of the most expensive bottles are starting to discourage even billionaire collectors, said dealers — some…
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Click here to read the full story: Bloomberg