Alibaba founder and co-owner of Guangzhou Evergrande FC, Jack Ma has become the latest investor to snap up a French vineyard.
The second-richest person in China has bought the Chateau de Sours vineyard in France’s famed wine-growing region of Bordeaux.
A purchase price has not been announced.
It does include an 85-hectare property which produces 500-thousand bottles of wine a year.
Chinese tycoons have invested in over 100 properties in France’s southwest wine-producing area in recent years.
This makes around 1.5-percent of the region’s roughly 7-thousand vineyards.