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Food & Drinks

How Colony Capital CEO Tom Barrack Became a Bordeaux-Style Winemaker

“I knew what I liked to drink, but what I liked to drink was anything with a cork.”
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Billionaire Tom Barrack's Wine and Polo Pursuits

Billionaire Tom Barrack made his fortune making contrarian bets in real estate. So when it came to getting his family into the wine business, he saw no point buying a trophy property—at trophy prices—in Bordeaux or Napa, Calif. Instead, he bought a 1,300-acre ranch an hour north of Santa Barbara, Calif., and planted his own vines.

“I’m not interested in having an ego contest by saying I bought the best vineyard,” he said.