Trump wine coming to liquor store near you
Thursday 14 April 2011
Want to wine and dine like Donald Trump? Sip on a glass of Trump Wine.
After ongoing negotiations, the real estate tycoon finalized the deal to buy the Kluge Estate Winery and Vineyard outside Charlottesville in the US state of Virginia last week, paying the bargain price of $6.2 million for 800 acres in a bank auction, reported the Washington Post.
Or as the paper called it, Trump Change.
"I'm really interested in good real estate, not so much in wine," Trump said. "This place had a $28 million mortgage on it, and I bought it for $6.2 million."
Trump swooped in to buy the property as a "white knight" investor from friend Patricia Kluge, an embattled Virginia socialite. He will keep Kluge on to head operations.
The vineyards produce varietals that include Cabernet Franc, Malbec, Pinot Noir and Chardonnay.
In addition to his empire of hotels and golf courses, Trump's investments include a range of luxury foodstuffs like Trump Vodka, Trump Tea, Trump Chocolate and bottled spring water, Trump Ice.
He follows a long list of celebrities who've invested in wines, including film director Francis Ford Coppola, who has a winery in his namesake, Canadian actor Dan Aykroyd with his label Dan Aykroyd Wines, and Wayne Gretzky's No.99 Estates Winery.
In February, US TV channel the Food Network also launched a new wine label, Entwine, in partnership with Wente Vineyards. The portfolio will feature a 2009 vintage of Cabernet Sauvignon, Chardonnay, Merlot and Pinot Grigio and will be available this summer for $12.99 (€9).
Life & Style blogs
The difference between a psychopath and a sociopath
Prostate cancer could actually be five different diseases, say scientists
Samsung Galaxy S6 and S6 Edge price to be slashed after disappointing sales
NHS treatments such as vasectomies and hip operations to be rationed because of cost-cutting
Hermes responds to Jane Birkin’s request to drop her name from the iconic handbag
- 1 Top Gear team of Jeremy Clarkson, Richard Hammond and James May officially heading to Amazon Prime for new car show
- 2 Stuart Baggs: Apprentice star 'The Brand' found dead aged 27
- 3 How to cancel Amazon Prime: after Top Gear hiring, how to leave premium service
- 4 Tesco scraps 'unexpected item in the bagging area' as self-checkouts switch to less 'frustrating' audio
- 5 Living in Spain and commuting to London 'cheaper than actually working in London'
iJobs Food & Drink
COMPETITIVE: Guru Careers: A Product Manager / Product Owner is required to jo...
£25k plus Benefits: Guru Careers: A Carpenter and Maintenance Operator is need...
£17600 per annum: Recruitment Genius: This museum cares for one of the largest...
£12500 - £24500 per annum: Recruitment Genius: Drivers wanted for a family run...