Chapter 100: High-end routes

Unable to own all of the six Grand Cru Gardens in Vaughan Romani Village, Wang Zixuan simply decided to take the high-end route to the end.

Acquire or exchange the rest of Lychefort for the rest of Richie's Castle by acquiring or exchanging the Romané Saint-Vivanian Garden in Vaughn Romani's village and the Etherso and Great Etherso in the village of Fragi Iseso, thus owning Richiefort in its entirety.

In this way, with the addition of Romanée Conti and Latahi, which were previously exclusive to Romanée Conti, he can completely own three Grand Cru Cru.

These are also the three most valuable Grand Cru gardens.

Romanée Conti owns half of the 3.51 hectares of Lichibourg, but the other half has more than a dozen owners.

However, after all, there were many fewer owners involved, and it took some effort for more than a dozen owners to agree to sell or replace the land with other premium parks.

Of course, Wang Zixuan exchanged more land.

The remaining parts of the other three Grand Grade Gardens that were not exchanged, Wang Zixuan did not keep them, and they were all sold out.

The original owners of Château Romanée de Vélan, Aubert de Veran and Larus-Beats-Le Blaze, learned that Princes Xuan was going to sell off the parts of Château Romanée Saint-Vivanne, Château Etherso, and Château Grande Etherso, so they bought them back.

They also own other wineries besides Château Romanée Conti, but none of them can compare to Romanée Conti.

In the end, Wang Zixuan owned all the three Grand Cru Gardens of Romanée Conti, Latashi Garden, and Liqibao for 4.6 billion euros, totaling more than 14 hectares.

The average price of a hectare of vineyards is more than 300 million euros.

Nowadays, the price of a top garden is generally 20 or 30 million euros per hectare.

This time, the sale of Romanée Conti Garden was the same as the purchase of the original Prince Conti, and more than ten times that of other top gardens.

The three original owners, Princes' Pavilion and Aubert de Verand, were satisfied with the price, which would undoubtedly reinforce the supremacy of Claude Romanée de Conti in the wine world.

Although the Romanée Conti Garden was sold, the infatuation of the three original owners, including Aubert de Verand, with Romanée Conti not diminished, and one of the conditions for the sale was that the owner of the Romanée Conti Garden had to sell ten bottles of Romanée Conti to the three families every year.

Even if Wang Zixuan were to sell Romanée Conti, this condition would have to be included in the new sale agreement to ensure that the three families would always be able to taste Romanée Conti.

Interestingly, Divo, who bought half of the shares of Romanée Conti Winery. Blochet and Henry. Lehua has only two daughters.

The 5o% stake held by the Blochet family has been inherited by the de Veran family, the 5o% stake by the Le Wirch family has been inherited by their daughter Lalou Biz Le Wirch 25%, and the other 25% has been inherited by his grandson Henri Frederick Locke.

The bold Prince Xuan was directly changed to the owner of Romanée Conti, and every year he had to give ten bottles of Romanée Conti to the three families.

The owner of Côte d'Romanée de Conti must also sell on the French market every year one-twentieth of the new wine produced in the French market at a price not more than five times the market price of Lafite.

After all, the Romanée-Conti Garden has become a part of French culture, and many powerful people are fascinated by this dream wine.

Without this, it would be difficult for Romanée Conti to sell to foreigners.

Wang Zixuan also agreed to this condition, and he was not prepared to completely remove Romanée Conti from the market.

Otherwise, no matter how high the quality of Romanée Conti is, it will be difficult to price a wine that cannot be found on the market.

After greeting for a while and signing more than a dozen documents, Wang Zixuan paid 4.6 billion euros to become the owner of the three grand gardens of Romanée Conti, Latashi and Liqibao.

The three Grand Cru gardens, Romanée Conti produce about 6ooo bottles per year, Latahi Gardens at about 20,000 bottles, and Li Qibao at about 40,000 bottles.

It seems like a lot, but you must know that Lafite produces more than 2o bottles a year.

However, in terms of price, under normal circumstances, the cheapest Li Qibao is higher than the price of Lafite in the same year.

The output of the three Grand Cru of Romanée Conti is really pitiful for the world's elite.

Moreover, after Wang Zixuan becomes the owner of the three Grand Parks, he will supply some of the production of the three wine gardens to some high-end tourism projects of the Prince International Resort Group.

The combination of the most beautiful environment and Romanée Conti will make it even more attractive to the world's rich.

After all, not every wealthy person can own a private resort, and even if there are wealthy people on private islands, resorts around the world will still appeal to them.

Some projects with high requirements for environmental protection can only be opened to a very small number of people, which determines that some high-quality tourism resources of Prince International Resort Group can only be opened at the high-end, and the consumers facing it are the world's richest.

Of course, more tourism resources are still for ordinary tourists.

After getting the text jiàn, Wang Zixuan asked people to take three bottles of 9o years old Romani Conti out to celebrate.

It's a pity that he missed the time to taste the new 2oo9 wine, which is now sealed and aged.

The weather in France in 2oo9 is textbook-classic, and the red wines produced in 2oo9 are considered to be perfect vintages.

Every year in September and October, the vineyards begin to pick the grapes and then make the wine, and the original wine can be made in about three months.

In January of the following year, the wineries of the Burgundy region hold a tasting meeting for new wines, inviting wine tasting experts, editors of famous magazines, fund managers and distributors to taste the wines and negotiate the price of the new wines.

After World War II, the French economy was hit hard, and many wineries had financial problems.

So they introduced the concept of financial futures to the wine industry, selling the wine in advance and returning the funds to production.

Good red wines are generally aged for 2 years before they can be bottled.

But the wineries couldn't last that long, so they hired people to taste the new wine that had not yet been bottled, scored it, negotiated a price, and sold it to investors.

Investors expect that there will be room for appreciation after the new wine is launched, so they will buy these new wines that have not yet been bottled.

New wines are re-scored when they are bottled and come to market, and after two years of ageing, these wines may or may become a little worse.

It is likely that the score at bottling will be lower than when it was first made, which will affect the opening price of a new wine, sometimes lower than the price of the en primeur that was sold two years ago.

At this point, the investor loses money.

However, more often than not, the en primeur of red wine is still mainly rising, and sometimes it can rise several times in two years when it comes to good vintages.

The investment in en primeur is more reliable than the capital market, and there is a chance of skyrocketing, but there will hardly be a plummet, and the occasional decline is tens of percent.

Generally, those who participate in en primeur investment are people who are familiar with red wine.

In the well-known Bordeaux region, the new wine tasting conference starts in March and April, and almost all the châteaux will sell en primeur in advance, including the well-known Rothschild family, which is rich and powerful, will also sell Lafite en primeur to recoup the funds.

Romanée Conti's new wines are all booked out early.

When Wang Zixuan was about to buy Romanée Conti, Romanée Conti's en primeur had already been sold, but fortunately everyone knew that 2oo9 was a perfect vintage.

Aubert de Veran also waited for the appreciation, but sold some of the en primeur to recoup the funds, and most of the new 2oo9 wines were still from the vineyard.

Wang Zixuan is not in a hurry to return the funds, let alone sell the new wine of 2oo9 years.

Before bottling, the new wine is placed in brand new oak barrels and sold after one use.

Domaine Romanée Conti has its own cooperage, where the oak planks are purchased and dried for three years before being roasted at a special low temperature before being used to make zuò barrels.

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