Fascinating. How much are the chateaux really worth?
on 30/06/11 at 12:52 pmWine
Château Lafite may be worth as much as €4 billion and Le Pin not far short of €100m, according to a valuation of Bordeaux’s leading properties.
Liv-ex has calculated the worth of the region’s top châteaux and, using a series of measures (see below) has produced a list of just over 50 estates worth over €50m, with, perhaps unsurprisingly, the first growths filling the top five spots, and all but Haut Brion valued at more than €1bn.
Lafite, in first place, is valued at €3.7bn, based on an average case price of €12,589 from a production of 22,000 cases for the grand vin and an average price just short of €4,000 for its 24,000 case-strong second wine.
This puts it at more than double the value of second placed Latour, worth €1.278bn, and over fives times more than Pétrus, the most valuable right bank estate, and sixth in the survey, with a potential price tag of almost €663m.
Meanwhile, despite the lowest production on the list with a 600 case average, Le Pin is valued at almost €90m, and enters the chart in 33rd place, just behind Pape Clement.