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tsai chongxin invests in french vineyards

the man behind jack ma and alibaba’s “god of wealth” tsai chongxin has made new moves. he has begun investing in hobbies again.

recently, media reported that tsai chongxin, co-founder and chairman of the board of directors of alibaba group, has turned his investment focus to french vineyards.

he and his partner oliver weisberg, ceo of blue pool capital, acquired a vineyard in burgundy, france.

after this round of investment, he also successfully joined the family including bernard arnault, the founder of lvmh group and luxury goods tycoon, as well as the bouygues, dassault, perondo, pinault and rothschild families.among the billionaire wine investors。

however, the vineyards invested by tsai chongxin do not produce wine, but they are located in one of the most respected areas of burgundy.

it is understood that this land is located in the côte de nuits area, which has the title of "burgundy's champs elysées". many red wines produced here have the "grand cru" production area mark.a bottle retails for hundreds of dollars.