Andrew Lloyd
Lloyd Webber Shifts Six Million Dollars Of Wine
Wine collecting isn't just lucrative, it's a fantastic status symbol for the rich and famous. The rich and famous in Britain - already a major wine consuming nation - seem especially significant collectors. Sotheby's in Hong Kong recently saw one of its most expensive ever collections, courtesy of Musical composer Andrew Lloyd Webber. The 4 million dollar price tag that many valued the collection at prior to its sale appeared to be taken as a challenge. But bidders drove the collection (and its bankable provenance) up to nearly 6 million dollars. This isn't even the first time that Lloyd Webber has made massive profits off of wine: he sold a collection in 1997 for 3.5 million dollars. Considering the current financial climate, this success is inspirational (though frankly, mostly aspirational).
The next famous cashing in on their investment will be British-Irish singer songwriter Chris de Burgh. Fortunately for headline writers, de Burgh's is best known for his 1986 ballad 'The Lady in Red'. Chris de Burgh is selling off (a mostly red) collection of 32 bottles and 84 magnums. You're unlikely to find a supermarket bottle of Chenin Blanc Wine in sight then. Whilst this is no Lloyd Webber sized collection (it's expected to fetch about 320 thousand dollars) the high demand for wines could push prices higher. Curiosities abound in de Burgh's collection, which is mostly a standard mix of quality and quantity. One notable lot is the 12 bottle case of Chateau Lafite-Rothschild 1945. This includes the straw it was packed with in the dying days of World War II. Valued at twelve thousand pounds for the case, de Burgh is hoping that this provenance will drive prices higher. De Burgh's highest value lot will be a collection of Chateau Mouton Rothchilds, representing the vintages between 1945 and 2005.
Have you ever considered starting your own wine collection? Well, keeping your Sauvignon Blanc Wine in a de Burgh-style cellar will make you look rather daft. When you start out wine collecting, you learn quickly that not every wine benefits from ageing (Sauvignon Blanc certainly doesn't). Red Wines from the Bordeaux region are a great starting point, and Riesling Wine is a good ager if you're looking for white wines.
lea salonga - andrew lloyd webber medley
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