Château Moulinet, a 16.8 hectare wine estate in Pomerol located close to Château de Sales, is the Beijing investor’s first Bordeaux estate purchase, according to DecanterChina.com, sister site of Decanter.com.
It will now form part the group of estates jointly run by associates including Jack Ma, the billionaire founder of Chinese online retailer Alibaba, and Zhao Wei, famous Chinese actress and singer.
Ma owns Château de Sours and Château Perenne, and Zhao Wei owns Château Monlot and Château Patarabet in St-Emilion.
The Bordeaux négociant Cellar Privilege, part-owned by Ma and set up to serve Chinese wine clients, is also part of the club. Cellar Privilege is based at Château Senailhac and claims to have underground storage space for up to one million bottles.
Decanter.com understands that there are now 15 Bordeaux châteaux within the group, which does not share ownership but works together for technical direction and distribution.
Read more at http://www.decanter.com/wine-news/jack-ma-bordeaux-moulinet-315371/#r0QCZcQiI2eTLlf1.99