A billionaire can not afford the wine?

Investment wine is no longer a new topic, but the market changes, the price of wine now and auction prices have been rising, it is only natural, billionaires, how to adjust your investment strategy? Because of high prices to discourage it?

Berry Bros & Rudd wine cooler storage in Hong Kong

Rafi and other consumer brand-name wine in France has contributed to the huge demand for wine auction prices and futures prices. In this regard, not all wine distributors are happy.

Some dealers said the precious wine prices are so high billionaire collectors prohibitive. Bordeaux wine producers last month, the price of wine increased by 80 percent, making China and other regions of the buyers hesitant or even abandon the purchase.

London-based wine merchants Berry Bros & Rudd wine director of marketing Simon said in an interview the current period of the sale of wine has been halved, the winery released a high price and decline in the volume are closely related.

In addition, the auction sales growth has slowed, according to Bloomberg statistics, first half of 2011 the three largest wine auctioneer auction volume growth of 46% over the same period, while in 2010 the amount of wine auctions rose 88 %.

2010 Chateau Grand Puy Lacoste

Bordeaux First Growths 10 kinds of the latest vintage of the London International Wine Exchange (Liv-ex) wine index from July 1 drop of 445.49 points to 433.51 on August 2 the point last year, the London wine index rose from 136.67 to 401.11. Some critics think that the future sale prices will rise.

Primeur prices up

Chateau Latour 2010, a bottle of wine is 780 euros ($ 1,106), 30% higher than in 2009. Chateau Ausone wine bottle is € 1,120, 17% higher than last year, the Carruades de Lafite Chateau Lafite asking price of 108 euros, 59 percent higher than last year.     

Chateau Ausone Winery 

October 2010, in Hong Kong "Chateau Lafite Direct Mail noble castle ─ ─ cache" wine auction, Rafi Castle 1982 (12 bottles) of 100 million Hong Kong dollars (12.8 million) price of the transaction, more than April auction price of $ 605,000. 

 In contrast, in January Sotheby Biandelu - Lloyd - Webber's personal collection of wines at auction chateau Mouton Rothschild 82 (ChateauMouton-Rothschild '82) to 169,400 dollar deal. In April, the "Ultimate Cellar" auction prices soaring to 217,800 Hong Kong dollars.