Chinese buyer of Burgundy wine chateau identified
24th August 2012, 0 comments
The Chinese businessman whose purchase of a top French wine estate has triggered an angry backlash is Louis Ng, a top executive for Macau gambling tycoon Stanley Ho, the Wine Spectator reported.
Ng, 60, is the chief operating officer for Ho's gambling-based empire. He was born in Hong Kong but also holds Portuguese citizenship, according to a report in the magazine's online edition.
Ng acquired the Chateau de Gevrey-Chambertin, a listed 12th-century manor house and two hectares (five acres) of vineyards in one of Burgundy's top appellations, for 8.0 million euros ($10 million) earlier this year.
The sale has been attacked by a group of local winemakers who had failed in their own bid to buy the estate as well as by France's far-right Front National, who believe the state should have intervened to keep the historic building and its vineyards in French hands.
© 2012 AFP