Our story, setting a new standard for fine wine investment. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. Lafite wine is among the most expensive wines in the world. Balancing Leisure and Learning: A Students Guide to Watching TV and Sipping Wine, Unforgettable Weddings In The Napa Valley: Celebrating Love In A Vineyard, Experience History And Award-Winning Wines At Renault Winery In Egg Harbor City NJ, Uncovering The History Of Ovid Winery: From Founding Winemaker Mark Herold To The Herold Family Today, Exploring The Winery And Beyond: A Quick 4-Mile Drive From Andaz Napa To The Francis Ford Coppola Winery, Experience The Best Of Napa Valley At Newton Winery, Exploring The Perfect Pairing: White Wine And Roasted Duck, Enjoying White Wine Responsibly: Understanding Calories And Nutritional Value. The first two bottles of the lucky 2008 vintage, with an estimated lot price of $6,000 to $8,000, sold for $34,316 each. This particular bottle had the initial Th.J etched into it the markings of enthusiastic oenophile Thomas Jefferson. What is the Difference Between Wine and Cocktails? Indeed, some criticised the vintage at the time for an almost Napa-like (thus atypical) opulence and predicted a short life for the wines. [2] In the 17th century, the property of Chteau Lafite was purchased by the Sgur family, including the 16th century manor house that still stands. Stored in bonded warehouse with duty and sales tax suspended. The only known bottle in the Imperial format was expected to sell for between US$150,000-$200,000, but smashed its estimates to sell for $304,375 (192,000). It might say Bordeaux in the name, but this isn't some celebration of French wine dominance. Three bottles of Chteau Lafite-Rothschild 1869 sold for HK$1.8 million each. An auction of some of the region's best wines will raise funds to help Ukrainian victims of Russian aggression. Third, Lafite ages its wine for a longer period of time than most other producers. Even the best Bordeaux only lasts around 50 years, so why the incredible price tag for this one in 1985? In 1868 the Chteau was purchased by Baron James Mayer Rothschild for 4.4 million francs, and the estate became Chteau Lafite Rothschild. When young, it is really difficult to understand despite being more . The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). A good Bordeaux from a good year can age for decades because the tannins in the wine act as a natural preservative. On this, the first day of the auction, Ritchie had 2,000 bottles of Chteau Lafite Rothschild to put under the hammer. Estimate: 3,000-4,000. Chateau Margaux, 2009 - 122,380. No.
TOP 10 why is 1982 lafite so expensive BEST and NEWEST There have been many notable events at the estate over the last century. Billed by many as the finest wine ever produced by the estate, only six bottles have been made, and one was sold to an Asian buyer in Dubai in 2013 for an eye-watering 122,380. This wine is made from a blend of 87 percent Cabernet Sauvignon and 13 percent Merlot, according to the Chateau Lafite Rothschild Pauillac 2010 label. The estate is now known as Rubicon, owned by Francis Ford Coppola, who allegedly keeps an empty bottle of this vintage on top of his fridge. A bottle of 1869 Lafite had an estimated price of $8,000. Duhart-Milon, a separate estate in the Lafite portfolio, is located just west of Lafite. PO Box 607Pismo Beach, CA 93448Phone: 805.541.5868Fax: 805.434.9380. With a surprisingly clever search engine alongside bottle reviews and articles from trusted voices in wine, youre just a click and a clink away from your new favorite bottle. A second Chteau Lafite Rothschild vineyard was established in the Chinese province of Shandong, where 250,000 vine stocks from France are planted on 30 hectares. The purity of fruit here really pushes through to the finish. Chteau Lafite-Rothschild 2000. In contrast, due to Chinas average annual salary of just over $11,000, paying such a high price for a bottle of wine may be out of reach for some consumers. [5] Towards the end of the 18th century, Lafite's reputation was assured and even Thomas Jefferson visited the estate and became a lifelong customer. The remaining vintage years of the 21st century have all otherwise been reasonable quality, although the 2013, 2010 and 2005 stand out above the rest. 6 bottles per lot. There was also plenty of the 2008 vintage on offer, but its fate was less certain. Its vines are Cabernet Sauvignon, Cabernet Franc and Marselan. Am Gaumen komplex, dabei saftig und elegant, extraktse Frucht, prsente Tannine, etwas schwarzer Tee, leicht adstringent, hat den robusten Kern aller guten 82er, hat Tiefgang, dunkle Schokolade, aber auch Nuancen von roter Frucht im Abgang, sehr gute Lnge, ausgezeichnetes weiteres Reifepotenzial. It was rated second class after being classified as Deuxime Grand Cru in 1855. Lafite only produces a few thousand cases of wine each year, which drives . Long-term drinking is supported by both the short and long-term use of mixed formats. More shipping infoShipping info, Please allow 20 days for delivery in US. Critic tasting note: "(2002) Similar colour, but has retained more depth at core. Learn More >, It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. It was going to be a tough day, and neither Ritchie or Salin, the CEO of DBR Lafite, the company behind Lafite, were certain the wines would attract anything like the prices they were hoping for. The fresh wine was then aged in new barriques, produced at Lafites own cooperage, for almost two years before bottling. (Some up north on the left bank are even mentioning 2015). Lafites neighbours are Mouton and Cos dEstournel, both robust and flamboyant wines, which makes it strange that Lafite is renowned for an ethereal lightness that does not stand in the way of its ageability. Lafite in particular has maintained a youthful character, developing harmony as it ages. If you disable this cookie, we will not be able to save your preferences. Critics have scored this wine 95 points. This bottle was a Bordeaux, a 1787 Chateau Lafite, and, according to The Guinness Book of World Records, 18 years later it still is the world's most expensive bottle of wine.Its great age alone . Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Deep in colour, it has a classic Pauillac nose with intense black fruit mixed with pencil shavings and black truffles. Such resonance that Carruades de Lafite, the Bordeaux first growth's second wine and often a thin little thing, can command a higher price than super-second Ch Cos d'Estournel. It was predicted to earn about $666 a bottle, assuming there were buyers. In 1994, Bordeaux was experiencing a sluggish sales period, so chteaux were raiding cellar reserves and selling previous vintages cheaply. There is no doubt that this is one of the best Bordeaux wines ever made. Of course, the influence of cinema is also huge, with a Hong Kong-made film contributing to this legendary story set in China. With his camera, James Molesworth looks at the region known as the Left Bank of France for its prime Cabernet Sauvignon grapes.
Grand Tasting of 1982 - Fine Wines SG 1982 Chateau Lafite Rothschild Pauillac, France, Chateau Lafite Rothschild Pauillac, France. Price. There was also plenty of the 2008 vintage on offer, but its fate was less certain.
China and Bordeaux Wine, The Complete Story, Current Situation Today The Anglocentric language of wine is increasingly exclusive to the wider wine world.
Wine Legend: Chteau Lafite-Rothschild 1982 - Decanter Four different kinds of cryptocurrencies you should know. For this chart, Im including just 750 ml bottles (the standard) of red wine produced since 1950. Estimated to reach $8,000, it sold for $233,972, making it the most expensive 750ml bottle of wine on the planet. We've finally reached the summit of our search for the world's most popular wines.
In addition to the first growth, around a third of the wine is released as a second wine under the label Carruades de Lafite. The grapes would have been picked by hand, selected in the vineyard, and brought to the winery for destemming and fermentation in large wooden vats (stainless steel tanks were only installed in 1988). Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Check with the merchant for stock availability. Perhaps spurred on by the enthusiasm of the proprietors, the press and trade mostly reacted very positively, and 1982 was soon regarded as a blue-chip vintage, confirmed by steadily rising prices for the top wines. But Salin had something up his sleeve that he hoped would give the auction a boost. Chteau Mouton Rothschild was promoted to the Premier Grand Cru Class after a long campaign for promotion in 1973. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. Learn More >, The Drop is an online magazine that connects people to wines theyll love. Since then, the overall Chinese wine market has become globally significant. Wine Legend: Chteau Lafite-Rothschild 1982, Pauillac, Bordeaux, France Bottles produced: No record Composition: 65% Cabernet Sauvignon, 29% Merlot, 6% Cabernet Franc Yield: 40 hectolitres per hectare Alcohol level: 12.5% Release price: 170 francs per bottle (around 17), which rose on the export market to 225Fr (22.50) The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000.
Why is Lafite so expensive? - AnswersAll Just as the 1990 Cheval Blanc is outrageously expensive, driven by Middle Eastern oil tycoons (NB: the current price is 7,032, higher than the '82), so is the price of Romane-Conti in Burgundy, France, at the very top of the pyramid, not only because of the tiny production of around 3,600-6,000 bottles (NB: Lafite's production is around 200,000 bottles) but also, it is said, because in the 1980s speculation by the Japanese when their economy took off. Our company is the leading company of still equipment in China, with the strength of providing vodka, gin, run, whisky, brandy making machines.
why is 1982 lafite so expensive - challengeairsea.net Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Merlot has become more prominent in recent vintages, as has a more traditional approach by Salin and Chevalier. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. For power there are other chteaux, but for elegance and finesse, then Lafite should be your wine. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. And it was our thank you to China for helping us through the years., But what happened that night wasnt just a coup for Lafite. Chteau Lafite Rothschild in Pauillac, France, Get the best stories from Christies.com in a weekly email, *We will never sell or rent your information. The wines are then released to wholesalers, who get it at a lower price than everybody else. Should go on for decades." Salin had not only helped open up the Chinese market for fine wines, he was now helping to open Western markets to prestige wines made in China. The core is plummy and rich, with notes of bramble and earth, but then a creamy layer of blackcurrant adds to a fleshy mid-palate. Grapes must be planted in well-drained soil, which is rich in fine, deep gravel and aeolian sand. Succeeding his uncle lie de Rothschild, Lafite has been under the direction of ric de Rothschild from 1974 to 2018, when he was succeeded by his daughter, Saskia de Rothschild. to put under the hammer. Discover our range of fine wines from around the world. Theres a world of difference between carefully-preserved decades-old vintages and two-for-a-tenner bottles of plonk on sale in the supermarket, not least the price tags. Cult Wines is proudly invested in offsetting carbon emissions through dedicated projects around the world, championing sustainability, supporting ethical practices and actively contributing to the future of the wine industry with impactful initiatives. [21], GBP closed at ~$1.48 on the day of the auction per, For the controversy, which is still unresolved, see, Last edited on 19 February 2023, at 22:59, "The Most Expensive Wine Ever Sold at Auction", "History | Domaines Barons de Rothschild (Lafite)", "CHATEAU LAFITE 1787 - The World's Most Expensive Wine", "Saskia de Rothschild On Building a Winemaking Empire - Maxim", "Worldwise: Vintner Saskia de Rothschild's Favorite Things", "A bottle of 1787 wine apparently bottled for Thomas", "Wine Lover's Nose For Fakery Leads To Famed Bottles", "Chteau Lafite cracks open its first Chinese vintage", "Chateau Lafite Rothschild, Pauillac, France: prices", "Lafite-Rothschild 2008 Falls to $8,800 Five-Month Low on Liv-Ex", https://en.wikipedia.org/w/index.php?title=Chteau_Lafite_Rothschild&oldid=1140398124, This page was last edited on 19 February 2023, at 22:59. Across all vintages Lafite Rothschild is one of the most expensive wines in the world, with the average price per 750 ml bottle reaching $911. Serious collectors dont deal in small fry, but are their chequebooks up to the cash demands of the most expensive wines in the world? - 94/100, Tom Cannavan, Standard delivery next day They should be fine 2017 is potentially a very good vintage. The vines are planted in well-drained soil made up of fine, deep gravel, mixed with aeolian sand on a subsoil of tertiary limestone.
1982 Lafite Rothschild, Pauillac - SKU 950058 - K&L Wines The 1982 vintage is one of the best wines I have had the privilege to taste when it is on song, with impressive concentration of cassis fruit character with the classic cedar and cigar box aromatics, supremely well balanced and the finish went on and on a truly impressive wine! When we discussed the 08, I said, Why dont we do that? Salin recalls. This term has been used in the past with disastrous results. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. Therefore, a soil that is too fertile may not be what's best for a vineyard; an arid hillside may yield richer grapes than a green stretch of land by a river. Chteau Lafite Rothschild, located in Pauillac, France, is an estate of Bordeaux wine owned by members of the Rothschild family since the nineteenth century and classified as a First Growth under the 1855 Bordeaux Classification. But it was a small market, complicated by the way that top Bordeaux is sold: Bordeauxs custom is to sell its wines two years before they are bottled. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. The Drop is an online magazine that connects people to wines theyll love. More shipping infoShipping info, Guaranteed provenance An original wood case of Chateau Lafite Rothschild 1982 was the top selling item at Zachys' New York Spring auction this week selling for $41,650. 2023 Union Press Ltd | Wigglesworth House, Fourth Floor, 69 Southwark Bridge Road, London, SE1 9HH, UK Tel: +44 (0)20 7803 2420 With the 2009, it turned out, the Chinese wanted to buy more of it than we had to sell, says Salin, who retired in 2018. Fourth, Lafite is one of the most prestigious wine producers in the world. Christies International Head of Wine Tim Triptree MW explains why its so highly sought after. Sometimes small imperfections add complexity in a wine. The cellarmaster in 1982 was Robert Revelle, who succeeded his father Georges. Photo courtesy of DBR Lafite. The 1982 Lafite-Rothschild is a wine I have drunk several times, though maybe this is the first time in magnum. It became the most expensive wine ever sold when the hammer went down at the final price of $233,972. A bottle of 1869 Chteau Lafite Rothschild holds the world record for the most expensive bottle of wine sold at auction for $233,973 in 2010. Manage Cookies Accept & Continue. These nuances continue to evolve and change through the wines long life and the type of bottle format will also influence this evolution, as the general rule is that the larger the format the slower the evolution due to less oxygen compared to the volume of wine, which means those lucky enough to have magnums, double-magnums, jeroboams or imperials of Lafite can enjoy their wines over a longer drinking window period. [2] In 1797 the vineyards were sold to a group of Dutch merchants.[5]. A single night in Hong Kong in 2010 proved a turning point in the history of wine. This is not a bad thing, but it is slightly different. - New York - USA, Messe Dusseldorf The night had turned into a bidding frenzy, with price after price shattered. The purity of fruit here really pushes through to the finish. The debonair Baron Eric is serious about his wines. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. Lafite lies at the northern end of Pauillac.
Why is Lafite so expensive? - KnowledgeBurrow.com Found to be the most expensive wine in the world on the market currently, Henri Jayers Richebourg Cru taking top spot has surprised oenophiles everywhere, with many assuming a Romanee-Conti would take poll position. Discover how your secure fine wine investment is stored. Ritchie took his place and the bidding began. 12 bottles per lot. Christoph Salin. Robert Parker gave this vintage a score of 100 points, and legend has it that he tasted this vintage 11 times and was satisfied with 100 points each time. Because of the magic of Bordeaux, it takes a while to develop the complex secondary and tertiary characteristics of cedar, leather, and tobacco. Pauillac has a fantastic terroir near the Gironde estuary, so a Lafite from this region is ideal. why is 1982 lafite so expensive. It may be early in the marathon that is Bordeaux En Primeurthe worlds biggest weeklong barrel-tasting eventbut its not too soon to say that 2016 is a great vintage overall. Chteau Lafite Rothschild has a rich and fascinating history. In the years 1945 to 1961, the best time to drink Lafite Rothschild wines is from September to November. If this first auction day failed, it forecast doom for the chteaux offering their wines on subsequent days. The mood inside the Mandarin Oriental, one of Hong Kongs most luxurious hotels, was anxious. Asia House For example, the 2014 vintage is currently selling for around $300 per bottle, while the 2018 vintage is selling for around $450 per bottle. 06350591 | VAT No. Chteau Lafite Rothschild is a wine estate in the Pauillac region of the Mdoc, producing one of the most sought-after and expensive red wines in the world. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. The 1982 vintage is one of the best wines I have had the privilege to taste when it is on song, with impressive concentration of cassis fruit character with the classic cedar and cigar box aromatics, supremely well balanced and the finish went on and on a truly impressive wine! You are wondering about the question why is 1982 lafite so expensive but currently there is no answer, so let kienthuctudonghoa.com summarize and list the top articles with the question. So, what makes Lafite wine so expensive? Bordeaux are known for their age-ability. This means that every time you visit this website you will need to enable or disable cookies again. Copyright 2023 Cult Wines Ltd. All Rights Reserved. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. The soil is deep gravel on perfectly drained, gently undulating slopes. Well, youd hardly keep it under the stairs, would you?
This lengthy aging process adds to the cost of the wine. Wholesalers' Online Wine Claims Don't Stand Up, Chile Seduces China and a Winemaker Romance, Some Comfort for Wine Ponzi Scheme Victims, Popularity relative to other wines, spirits and beers, Chateau Lafite Rothschild 'Carruades de Lafite', Chateau Lafite Rothschild Vertical Collection, Chateau Lafite Rothschild The Almanac Case, Chateau Lafite Rothschild 'Carruades de Lafite' The Curve Vertical. Products range from still equipment, brew equipment craft home microbrewery beer brewery brewing beer equipment fermenter beer pilot brewing system, Micro Brewery equipment Two Vessels Brewhouse, 50L/100L Mini Alcohol Distiller Column Distillation Machine, Isobaric craft beer conical fermentation tank, jacket craft beer conical fermenter equipment, Variable Red Fruit Wine Fermentation Tank capacity Stainless Steel wine tank, Stainless steel wine fermenter and storage tank for winery and beverage factory, Distillery machine brewing vodka gin Rum Whisky Brandy liquor, 1000l copper still brandy distilling equipment. At the beginning of the 18th century Lafites wine was sold in London, where it was reported to be a favourite of the Prime Minister, Robert Walpole, who was reputed to have purchased barrels of 1732 and 1733. The price of other Bordeaux wines rose as well. Billed by many as the finest wine ever produced by the estate, only six bottles have been made, and one was sold to an Asian buyer in Dubai in 2013 for an eye-watering 122,380. The vineyard is one of the largest in the Mdoc at 107 hectares, and produces around 35,000 cases annually, of which between 15,000 and 25,000 are first growth. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury.
1982 Chateau Lafite Rothschild - Wine-Searcher Robert Parker gave this vintage a score of 100 points, and legend has it that he tasted this vintage 11 times and was satisfied with 100 points each time. Rothschild, however, died just three months after purchasing Lafite. It was predicted to earn about $666 a bottle, assuming there were buyers. Robert Parker said the wine reveals considerable tannin as well as amazing, atypical power and concentration for Lafite, and rated it 100. Half of those cases went to China.
1982 Chateau Lafite Rothschild Brings $41,175 To Lead Heritage Auctions The best Chateau Lafite Rothschild should be aged at least 15 years in a glass. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. The winning bid was by far the highest price ever paid for a single bottle of wine. {"api":{"host":"https:\/\/pinot.decanter.com","authorization":"Bearer OWFmMzIzM2EwYWNjNWE2ZTlmOTI3YjBhMDRmYzIzYzI0NGEyMTQ3YmFjYWY4Y2EzOWI3MDg5MTU4NmQyMDNiNA","version":"2.0"},"piano":{"sandbox":"false","aid":"6qv8OniKQO","rid":"RJXC8OC","offerId":"OFPHMJWYB8UK","offerTemplateId":"OFPHMJWYB8UK","wcTemplateId":"OTOW5EUWVZ4B"}}, {"location":"Keystone Header","subscribeText":"Subscribe Now","version":"2","menuWidgetTitle":"","myAccountLnk":"\/wine-reviews\/account","premiumLnk":"\/subscribe","menuLnks":{"2":{"text":"My Wines","href":"\/wine-reviews\/my-wines"}},"colors":{"text":"#ffffff","button":"#decc8f","link":"#ffffff"}}, Bordeaux agrees funding to pull up vineyards, Grapevines first domesticated 11,000 years ago, says study, Chile wildfires: damage to wine country as officials pledge help, September releases 2022: full score table, Subscribe to Decanter and get the latest wine legends every month. answer the question why is 1982 lafite so expensive, which will help you get the most accurate answer. Once again, the 1982 Lafite is at its peak (i.e. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. Price. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. Let us guide you through the process behind investing in fine wine. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. It is important to note that the final blend is almost always close to 90% Cabernet Sauvignon. Wine has a proven track record of returns and resilience in an unstable market. Across all vintages Lafite Rothschild is one of the most expensive wines in the world, with the average price per 750 ml bottle reaching $911. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named Long Dai. Should go on for decades. The move helped establish Lafite as a leader in the market. It looks like a hill, and Lafite is located on the slope of a hill. The 2011 in particular has immense aging potential. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. There was a lot at stake. At the beginning of ageing, the quality of 2017 red wines from vineyards spared by frost are proving to be satisfactory to very good.
What Makes Lafite Wine So Expensive? - SloWine 1982 Chateau Lafite Rothschild - Wine-Searcher It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. When the 1855 classification was made, Lafite was listed first among the four first growths earning the reputation 'the first among the firsts'. The chteaux take these reactions into account when they come up with the wines release price. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. For me, the magic of Bordeaux requires patience, the wines need time to evolve their complex secondary and tertiary characteristics of cedar, leather and tobacco. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. All of these factors combine to make Lafite wine one of the most expensive wines on the market. Will His AI Plans Be Any Different? Acidities were fairly low, but the best wines, such as Lafite, had sufficient tannic grip and structure to ensure a long, interesting life. The Global Financial Crisis was still in full swing, and collectors across the world, including in the all-important U.S. market, had abandoned expensive wines. Go to shop. Mr. Liu put the price of a bottle of 1982 Lafite at about 60,000 yuan or $9,500 (taxes tend to make wine more expensive in China than in other markets) -- and he clearly expected Maotai to. Because saliva builds up in the mouth all day, it can alter the taste of wine. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. Lafite currently has 112 hectares under vine and is planted to 70% Cabernet Sauvignon, 25% Merlot 3% Cabernet Franc and 2% Petit Verdot. Bordeaux and French wines in general had made a practice of catering to large wallets and fine palates around the world, always with an eye on the next market. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. Because of this madness, it is said that the price of an empty bottle of Lafite in 1982 was as high as 4,000 yuan, and the price of the most expensive Lafite in 1982 was about 500,000 yuan per bottle. Baron Eric de Rothschild, the current manager, was already running Lafite in 1982. Musk Made a Mess at Twitter. From Barolo to Bordeaux, these wines are steeped in tradition. Although your wine cellar might be valuable, sharing bottles with friends is priceless. Not only that, but while Hong Kong had its share of wealthy collectors, wine drinking was not yet widespread in mainland China.