Australia on shopping list as Bordeaux winery bought by Alibaba's Jack Mar

Australia on shopping list as Bordeaux winery bought by Alibaba's Jack Mar
Australia on shopping list as Bordeaux winery bought by Alibaba's Jack Mar

Jack Ma, China's second richest person and founder of multi-billion dollar online retailer Alibaba, has become the latest Chinese investor to buy a Bordeaux wine estate with Château de Sours.

The Decanter website reported Château de Sours in Bordeaux is a prodcuer of red, white and rosé wines.

A price was not disclosed.

Ma joins a growing list of Chinese investors in Bordeaux and becomes one of the highest profile château buyers in the French wine region. 

Dating back to 1785, it seems Ma wishes to create ‘a mini Versailles in Entre deux Mers’.

Ma, who is good friends with fellow Chinese owner Zhao Wei, is reportedly planning a central administration centre for their Bordeaux assets.

This will run their individually-owned properties together so as to leverage economies of scale. The group are also reportedly planning to buy estates in California, Italy, New Zealand and Australia, Decanter report.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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Winery Bordeaux

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