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...basket." Indeed, a central concern in Bordeaux is to avoid a fragmentation of the community. "It's almost like a Latin American economy, some very rich and some very poor. This could cause a revolution," worries Pierre Lurton, who runs two of the most exclusive properties, Château Cheval Blanc in the St. Emilion region and Château d'Yquem, the world-famous sweet white Sauternes. Despite their eye-watering prices, bottles of both are being snapped up by a new breed of very wealthy people in places like China and Russia, as well...

Author: /time Magazine | Title: Too Much Of A Good Thing | 10/19/2006 | See Source »

...conundrums for Bordeaux is its renown. The region's top wines command investment-banker prices because of their quality and limited supply. These makers have no interest in being associated--even remotely--with down-market plonk. Why would they when Château Cheval Blanc and Château Lafite-Rothschild, for example, are currently selling their 2005 vintage for about $700 a bottle? But producers in the middle aren't happy. They worry that the massive price increases pushed through by the likes of Château Pontet-Canet will give consumers the message that all Bordeaux are expensive. "What does...

Author: /time Magazine | Title: The Big Spill | 10/16/2006 | See Source »

...avoid a damaging fragmentation between those who are doing well and those who aren't. "It's almost like a Latin American economy, some very rich and some very poor. This could cause a revolution," worries Pierre Lurton, who runs two of the most exclusive properties, Château Cheval Blanc in the St. Emilion region and Château d'Yquem, the world-famous sweet white Sauternes. Back at Château Pontet-Canet, Tesseron sits down for dinner with his wife Isabelle and a decanter of his house 1996. In the Bordeaux hierarchy, Pontet-Canet isn't one of the very...

Author: /time Magazine | Title: The Big Spill | 10/16/2006 | See Source »

...supersized bottles in 1980 after he learned of those supplied by French wineries to the 19th century Russian Imperial court. He persuaded renowned producer Château Haut-Marbuzet to start thinking big once again, and other major producers like Château Mouton-Rothschild and Château Cheval-Blanc also obliged...

Author: /time Magazine | Title: Quantity and Quality | 2/6/2006 | See Source »

...seat Take a Hike Destinations to restore your sense of wonder French wineries to the 19th century Russian Imperial court. He persuaded renowned producer Château Haut-Marbuzet to start thinking big once again, and other major producers like Château Mouton-Rothschild and Château Cheval-Blanc also obliged. Today the collection includes nearly 2,000 Balthazars (12-L bottles), Nebuchadnezzars (15 L) and Melchiors (18 L) stored in custom-made racks beneath the ski lodge. The remainder, including the oldest and priciest wine, a rare 1895 Chateaux D'Yquem retailing at $21,420, are kept...

Author: /time Magazine | Title: Quantity And Quality | 2/5/2006 | See Source »

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