The Billionaire's Vinegar

The Billionaire's Vinegar by Benjamin Wallace Read Free Book Online Page A

Book: The Billionaire's Vinegar by Benjamin Wallace Read Free Book Online
Authors: Benjamin Wallace
bidders, and Heublein, which was the dominant U.S. auction and which Broadbent ran through 1982, he also was brought in to run the annual Napa Valley charity auction, which began in 1981. The first year, the temperature reached 110 degrees Fahrenheit, and up on the dais, Broadbent cooled his feet, unseen by the auctiongoers, in a bucket of ice water. In 1981, in Chicago, Christie’s started running its own auctions in the United States.
    The wine-collecting boom was limited to a tiny slice of Americans, but there was already a palpable unease, manifest as snobbery, among British wine veterans who could see their primacy being usurped. “As a group,”
Decanter
noted in 1986, “American doctors seem to have the world’s greatest interest in great Bordeaux.” The record-chasing was offered up as further evidence of American puerility. And while the California wine industry was nudging American awareness of its product forward, as of 1980 a national poll found that 23 percent of wine drunk in the United States was on the rocks.
    The high end of the market, however, was coming to be dominated by Americans, and the high end of the high end had given itself a name: “the Group.” They owned huge collections of wine. Marvin Overton III, a Texas neurosurgeon who sometimes wore a bolo tie combined with a fur coat, had 10,000 bottles in his cellar. Lloyd Flatt, an eye-patch-wearing Tennessean of shadowy occupation, owned two townhomes in New Orleans; one housed him, the other his 30,000-bottle wine collection. Tawfiq Khoury, a San Diego shopping-mall developer, owned 65,000 bottles, thought to be the largest private collection of wine in America at the time. As wine became detached from its traditional role as a table beverage—as it became a fetish or a trophy or an investment—it became more common to find private collections of wine that far exceeded their owners’ abilities to drink them.
    “Wine became the soloist,” Broadbent said later.
    The Group pioneered a new type of event known as a mega-tasting, which could take either of two forms: horizontal (many wines from one vintage) and vertical (many vintages of one wine). Broadbent dated the very first horizontal tasting to 1968, when a Dutch physician named John Taams brought together several wines of the 1961 vintage, but it was in the late 1970s, in the hands of these new American supercollectors, that the format gained traction. Overton hosted a forty-seven-vintage vertical tasting of Latour in Fort Worth in 1976, and followed that up three years later with a thirty-six-vintage vertical of Lafite going back to 1799. Broadbent presided, alongside Baron Elie de Rothschild.
    “If it hadn’t been for my time in the U.S., I wouldn’t be so involved in this hobby,” Wolfgang Grünewald, a German-born businessman whose 32,000-bottle collection is among the world’s largest, and who before retiring to Switzerland owned a Los Angeles steel company and was a partner in the Melrose Avenue restaurant Patina, said later. “Americans have a curiosity, for special and rare things, that I haven’t met elsewhere.”
    Not everyone in the wine world was thrilled by these events. The most common criticism was that great wines that, in isolation, would be once-in-a-lifetime experiences, were lost amid the hypercritical, side-by-side comparisons of a mega-tasting (what one commentator termed “the crushing proximity of the giants”). What should have been pleasurable was reduced to an arid and world-weary intellectual exercise. At big tastings, great wines were spat out rather than drunk, and when served without food, they were stripped of their natural context.
    The events favored “big” wines—those with lots of fruit and concentration. In such a clinical setting, these were the wines that tended to show best. And after twenty or thirty or forty wines, palate fatigue set in for most tasters, and only the biggest wines would make a taster sit up and notice. There could be

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