France’s top 10 richest drinks barons

30th August, 2017 by Rupert Millar

8. Benjamin de Rothschild

Worth: €4.5bn
Company: Groupe Edmond de Rothschild
Sector: Finance

A scion of the Paris Rothschilds, Benjamin’s principal job is private banking as head of the asset management and private equity firm the Edmond de Rothschild Group.

Nonetheless, wine is an important part of his own asset portfolio and includes properties across France, South America and South Africa under the umbrella group, Compagnie Vinicole Baron Edmond de Rothschild.

Edmond de Rothschild, the great-grandson of the James de Rothschild who bought Château Lafite in 1868, founded the group, who in 1973 bought the crus bourgeois properties Châteua Clarke and Château Malmaison, which formed the basis of the modern company

Benjamin has increased the portfolio enormously since then, starting the Rupert & Rothschild project in South Africa in 1997 and creating Flechas de los Andes in Argentina in 1999. In 2003 he acquired Château Laurets in Saint Emilion and since 2009 has collaborated with Vega Sicilia in Spain to produce a pure Tempranillo called ‘Macán’.

Finally, in 2012 he acquired 26 hectares of vines in Marlborough to produce Sauvignon Blanc and a little Pinot Noir under the name ‘Rimapere’. Apparently the baron had become concerned that white wines were under-represented in his portfolio.

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