Jun
06
Hedge-Fund Exile Trades Graphs for Grapes to Challenge Champagne
By
Mark Driver, founder and owner of Rathfinny Estate sparkling wine producers.
Photographer: Luke MacGregor/Bloomberg
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Bankers pour in as U.K. seeks to double wine production
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Champagne says English bubblies no threat, but it invests too
For centuries the rolling hills of Sussex in southern England have grown barley for local beer brewers. Now former hedge-fund manager Mark Driver is replacing the grain on his land with grapes in a bid to challenge Champagne.
Driver, one of a number of exiles from London’s financial district who are investing in U.K. sparkling wine, is spending more than 14 million pounds ($20 million) of his own money to transform Rathfinny Estate, which overlooks the English Channel about 70 miles south of London, into the U.K.’s biggest vineyard…
Hedge-Fund Exile Trades Graphs for Grapes to Challenge Champagne
