By Jim Boyce | Alibaba founder Jack Ma, one of China’s best-known and richest business people, has diversified his portfolio by buying a chateau in Bordeaux. The story was broken by Sud Ouest, which reported that Ma is buying Château de Sours. From the winery website:
Situated high up on a commanding limestone plateau just to the south-west of Libourne and Pomerol and facing St. Emilion, Château de Sours has been producing extraordinarily good wine for over 200 years.
The winery lists Compass Wine & Spirits and Tsinghua Cellar as distributors in China. It also has a Chinese-language version of its website.
Ma is the latest in a long line of Chinese investors–from business people to movie stars–to put money into Bordeaux. Over 100 properties had been purchased as of early last year, according to this story, although there has been controversy in regard to the source of some of the funds used to buy them.
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