Thursday, March 17, 2011

How to make a small fortune in the wine business



This is very easy. All you have to do is this:


Start with a large fortune.



No, really. It's that easy! Patricia Kluge shows us all how it is done:

1. Be a nude model for a prominent European magazine in the 1970s.

2. Marry a man with good prospects.

3. Divorce him when he has become the world's richest man.

4. Take millions from the divorce, and Albamarle, an incredible mansion in Virginia (by incredible, we mean a $45 million house).

5. Start a winery. Meet at first with great success.

6. Expand the winery, start up a ritzy real estate development, and incur $65 million in debt.

7. Fail to sell either your premium wines or your premium homesites.

Then, poof! Your property is foreclosed, your winery is shuttered, and presto!

It is interesting to see some of the posts, about this news, by some of the smaller Virginia winemakers.

http://http//finance.yahoo.com/family-home/article/112329/rise-fall-of-patricia-kl

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