THE 50s

THE GINESTET FAMILY

Fernand Ginestet and his son Pierre came on the scene. Fernand had made his fortune in wine trading. It was one of his friends, the Mayor of Saigon, and a wine importer who sent him the funds necessary to buy the estate. The Ginestet family acquired the whole property in about 1950.
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Fernand Ginestet and his son Pierre came on the scene. Fernand had made his fortune in wine trading. It was one of his friends, the Mayor of Saigon, and a wine importer who sent him the funds necessary to buy the estate. The Ginestet family acquired the whole property in about 1950.

Fernand and Pierre patiently reorganised the vineyard. Pierre’s son, Bernard, looked after their trading business and developed one of the most respected wine trade establishments in Bordeaux.

But the recession of the 1970s and the disastrous unsaleable vintages of 1972, 1973 and 1974 placed Pierre and Bernard in a desperate situation; nevertheless, they wanted to honour their commitments.

Their only negotiable asset was Château Margaux that they resigned themselves to selling. It took two years for Pierre and Bernard Ginestet to sell Château Margaux and when André Mentzelopoulos bought the property in 1977, the wine world was astounded. Whatever next? A Greek in the Médoc ?