French Tax Probe Intensifies Strain at Billionaire’s Empire

Pierre CastelPhotographer: Georges Gobet/Getty Images

A French tax investigation is the latest point of friction in the bitter power struggle within billionaire Pierre Castel’s globe-spanning beer and wine empire.

In a public rebuke to family members, the board of a key holding company in the eponymous Castel Group said the probe should remain “strictly confidential” under its responsibility. Days earlier, the 99-year-old founder’s nephew, Alain Castel, had speculated in a newspaper interview that the potential outcome could be a “colossal” payment of about €1 billion.