Chinese billionaire buys Chateau Chenu Lafitte, in Cotes de Bourg
Chinese billionaire buys Chateau Chenu Lafitte, in Cotes de Bourg
Nov 19, 2010 6
A Chinese billionaire, together with a group of investors, has bought a Bordeaux estate called Chateau Chenu Lafitte, in Cotes de Bourg, as a gift for his son. One of the minority shareholders, Guolong Yin, has been running the estate since April 2010, when the purchase was complete - although negotiations began over three years ago. The identity of the main purchaser has not been revealed, although it is understood that he is a shipping tycoon based in China and his son – now the owner of Chenu Lafitte – is 20 years old, studies economics and politics in London, and is behind a chain of clothing stores across the UK.
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