France’s top 10 richest drinks barons

5. Pierre Castel

Worth: €11.5bn
Company: Castel Frères
Sector: Wine and beverages

The first ‘true’ drinks billionaire on this list; the 90-year old Castel founded the company in 1949.

Wine is central to the French group’s portfolio, owning 21 estates in Bordeaux and Provence, including controlling shares in Château Beychevelle, as well as numerous brands from lands it owns across France and also Morocco, Tunisia and Ethiopia and big négociant houses such as Barton & Guestier and Patriarche.

The real money-spinner though is beer. Before it was acquired by AB InBev last year, SAB Miller had formed a partnership with Castel whereby SAB owned 20% of Castel and Castel owned 38% of SAB’s African business. AB InBev has said it wants to “continue to develop and evolve” the partnership now that it has taken over. The deal makes Castel the second-largest beer and soft drinks maker in Africa but there are rumours that the original deal with SAB states that if the Castel Group ever seeks new owners outside of the Castel family then the right to buy must first go to SAB (and now AB InBev).

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Customer Services

Felix Solis Avantis UK Ltd
Canterbury, UK

Head Distiller & Ambassador at Little Bird

Little Bird Gin
London, UK

Brand Marketing Manager

Maverick Drinks
London, UK

PR and Communications Manager

Maverick Drinks
London, UK

Various Sales Roles

Amathus Drinks Plc
Bristol, Cardiff, Cornwall, Devon, Leeds and Birmingham

Assistant Buyer

Liberty Wines
London, UK

Partner Development Manager

Maverick Drinks
Tunbridge Wells, UK

Partner Manager - Wholesale

Maverick Drinks
Tunbridge Wells, UK

(Junior) Account Executive

Phipps Relations
London, UK

Spirits & More

Rome,Italy
19th May 2018

db Awards 2018

London,UK
22nd May 2018
Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more