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Alibaba’s Tsai joins billionaires investing in French vineyards

Bloomberg
Bloomberg • 3 min read
Alibaba’s Tsai joins billionaires investing in French vineyards
Joe Tsai, chairman and co-founder of China e-commerce pioneer Alibaba Group Holding, has joined the ranks of billionaires investing in prestigious French vineyards. Photo: Bloomberg
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Joe Tsai, chairman and co-founder of China e-commerce pioneer Alibaba Group Holding, has joined the ranks of billionaires investing in prestigious French vineyards.

An avid wine collector, 60-year-old Tsai is part of a consortium that has acquired grape-growing parcels in Burgundy, according to people familiar with the matter. The partners include Oliver Weisberg, chief executive officer of Tsai’s Blue Pool Capital family office, said the people, who asked not to be identified because the information isn’t public. 

A representative for Tsai and Weisberg declined to comment in an emailed statement.

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