Rupert Murdoch Buys Winery for $28.8 Million
Rupert Murdoch is getting into the wine business. The Wall Street Journal reports that he has purchased Moraga Vineyards for $28.8 million. Murdoch first heard of the winey via an article in the Journal. Of course.
The winery is located on 13 acres in Bel Air, and boasts a 7,500-square-foot main house (built by Victor Fleming, who directed Gone With The Wind and The Wizard of Oz), a guest house, staff quarters, a tasting room, and a 2,300-square-foot winery that produces about 1,500 cases of vino a year. The
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in