Château Lafite-Rothschild
Encyclopedia
Château Lafite Rothschild is a wine estate in France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

, owned by members of the Rothschild family
Rothschild family
The Rothschild family , known as The House of Rothschild, or more simply as the Rothschilds, is a Jewish-German family that established European banking and finance houses starting in the late 18th century...

 since the 19th century. The name Lafite comes from the Gascon
Gascon language
Gascon is usually considered as a dialect of Occitan, even though some specialists regularly consider it a separate language. Gascon is mostly spoken in Gascony and Béarn in southwestern France and in the Aran Valley of Spain...

 term "la hite" meaning "small hill".

Only four wine
Wine
Wine is an alcoholic beverage, made of fermented fruit juice, usually from grapes. The natural chemical balance of grapes lets them ferment without the addition of sugars, acids, enzymes, or other nutrients. Grape wine is produced by fermenting crushed grapes using various types of yeast. Yeast...

-producing Châteaux of Bordeaux
Bordeaux
Bordeaux is a port city on the Garonne River in the Gironde department in southwestern France.The Bordeaux-Arcachon-Libourne metropolitan area, has a population of 1,010,000 and constitutes the sixth-largest urban area in France. It is the capital of the Aquitaine region, as well as the prefecture...

 achieved First Growth
First Growth
First Growth status refers to a classification of wines primarily from the Bordeaux region of France.-Bordeaux reds:The need for a classification of the best Bordeaux wines arose for the 1855 Exposition Universelle de Paris. The result was the Bordeaux Wine Official Classification of 1855, a list...

 status in the 1855 Classification
Bordeaux Wine Official Classification of 1855
The Bordeaux Wine Official Classification of 1855 resulted from the 1855 Exposition Universelle de Paris, when Emperor Napoleon III requested a classification system for France's best Bordeaux wines which were to be on display for visitors from around the world...

, which was based on recent prices. Of those, the first one in the list is Château Lafite Rothschild, a consistent producer of one of the world's most expensive red wines.

History

Situated in the great wine-producing village of Pauillac
Pauillac
Pauillac is a commune in the Gironde department in Aquitaine in southwestern France.-Population:-Wine:The commune consists of only 3000 acres of vineyards in the Haut-Médoc between the villages of Saint-Julien to the south and Saint-Estèphe to the north, but is home to three of Bordeaux's five...

 in the Médoc
Médoc
The Médoc is a region of France, well known as a wine growing region, located in the département of Gironde, on the left bank of the Gironde estuary, north of Bordeaux. Its name comes from Medullicus, or "country of the Medulli", the local Celtic tribe...

 region to the north-west of Bordeaux
Bordeaux
Bordeaux is a port city on the Garonne River in the Gironde department in southwestern France.The Bordeaux-Arcachon-Libourne metropolitan area, has a population of 1,010,000 and constitutes the sixth-largest urban area in France. It is the capital of the Aquitaine region, as well as the prefecture...

, the estate was the property of Gombaud de Lafite in 1234. In the 17th century, the property of Château Lafite was purchased by the Ségur family, including the 16th century manor house that still stands. Although vines almost certainly already existed on the site, around 1680, Jacques de Ségur planted the majority of the vineyard
Vineyard
A vineyard is a plantation of grape-bearing vines, grown mainly for winemaking, but also raisins, table grapes and non-alcoholic grape juice...

.

In the early 18th century, Nicolas-Alexandre, marquis de Ségur
Nicolas-Alexandre, marquis de Ségur
Nicolas-Alexandre, marquis de Ségur was a Bordeaux wine maker who during his lifetime was known as the "Prince of Vines" due to his ownership of some of the most famous Bordeaux chateaus-including Château Lafite, Château Latour, Château Mouton and Château Calon-Ségur...

 refined the wine-making techniques of the estate, and introduced his wines to the upper echelons of European society. Before long he was known as the "Wine Prince", and the wine of Château Lafite called "The King's Wine" thanks to the influential support of the Maréchal de Richelieu
Louis François Armand du Plessis, duc de Richelieu
Armand de Vignerot du Plessis was a French soldier, diplomat and statesman. Joining the army, he participated in three major wars and eventually rose to the rank of Marshal of France....

. Towards the end of the 18th century, Lafite's reputation was assured and even Thomas Jefferson
Thomas Jefferson
Thomas Jefferson was the principal author of the United States Declaration of Independence and the Statute of Virginia for Religious Freedom , the third President of the United States and founder of the University of Virginia...

 visited the estate and became a lifelong customer.

Following the French Revolution
French Revolution
The French Revolution , sometimes distinguished as the 'Great French Revolution' , was a period of radical social and political upheaval in France and Europe. The absolute monarchy that had ruled France for centuries collapsed in three years...

, the period known as Reign of Terror
Reign of Terror
The Reign of Terror , also known simply as The Terror , was a period of violence that occurred after the onset of the French Revolution, incited by conflict between rival political factions, the Girondins and the Jacobins, and marked by mass executions of "enemies of...

 led to the execution of Nicolas Pierre de Pichard on 30 June 1794, bringing an end to the Ségur family's ownership of the estate which became public property. In 1797 the vineyards were sold to a group of Dutch
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

 merchants.

The first half of the 19th century saw Lafite in the hands of the Vanlerberghe family and the wine improved more, including the great vintage
Vintage
Vintage, in wine-making, is the process of picking grapes and creating the finished product . A vintage wine is one made from grapes that were all, or primarily, grown and harvested in a single specified year. In certain wines, it can denote quality, as in Port wine, where Port houses make and...

s of 1795, 1798 and 1818. On 8 August 1868, the Château was purchased by Baron James Mayer Rothschild for 4.4 million francs, and the estate became Château Lafite Rothschild. Baron James, however, died just three months after purchasing Lafite. The estate then became the joint property of his three sons: Alphonse, Gustave, and Edmond.

The 20th century has seen periods of success and difficulty, coping with post-phylloxera
Phylloxera
Grape phylloxera ; originally described in France as Phylloxera vastatrix; equated to the previously described Daktulosphaira vitifoliae, Phylloxera vitifoliae; commonly just called phylloxera is a pest of commercial grapevines worldwide, originally native to eastern North America...

 vines, and two world wars. During the Second World War the Château was occupied by the German army, and suffered heavily from plundering of its cellars. Succeeding his uncle Élie de Rothschild
Élie de Rothschild
Baron Élie de Rothschild was a French banker, a member of the French branch of the Rothschild family. He followed his father as a partner in the family bank, de Rothschild Frères, and ran the Château Lafite-Rothschild premier cru claret vineyard from 1946 to 1974.-Lineage:Élie de Rothschild was...

, Lafite has been under the direction of Eric de Rothschild since 1974.

The record price at auction for a bottle of wine ($156,000) was for a 1787 Chateau Lafite which was once thought to be owned by Thomas Jefferson
Thomas Jefferson
Thomas Jefferson was the principal author of the United States Declaration of Independence and the Statute of Virginia for Religious Freedom , the third President of the United States and founder of the University of Virginia...

. The authenticity of the bottle has been challenged, and the controversy, which is still unresolved, is explored in the 2008 book "The Billionaire's Vinegar", by Benjamin Wallace.

Recently the 2008 vintage produced a world wide increase in price of over 125% in 6 months from release, which in turn has come to push some Asian countries to the top of the list of worldwide markets in which investment grade wine is purchased.

Vineyard

The vineyard
Vineyard
A vineyard is a plantation of grape-bearing vines, grown mainly for winemaking, but also raisins, table grapes and non-alcoholic grape juice...

 is one of the largest in the Médoc at 107 hectares, and produces around 35,000 cases annually, of which between 15,000 and 25,000 are first growth
First Growth
First Growth status refers to a classification of wines primarily from the Bordeaux region of France.-Bordeaux reds:The need for a classification of the best Bordeaux wines arose for the 1855 Exposition Universelle de Paris. The result was the Bordeaux Wine Official Classification of 1855, a list...

. Its vines are around 70% Cabernet Sauvignon
Cabernet Sauvignon
Cabernet Sauvignon is one of the world's most widely recognized red wine grape varieties. It is grown in nearly every major wine producing country among a diverse spectrum of climates from Canada's Okanagan Valley to Lebanon's Beqaa Valley...

, 25% Merlot
Merlot
Merlot is a darkly blue-coloured wine grape, that is used as both a blending grape and for varietal wines. The name Merlot is thought to derive from the Old French word for young blackbird, merlot, a diminutive of merle, the blackbird , probably from the color of the grape. Merlot-based wines...

, 3% Cabernet Franc
Cabernet Franc
Cabernet Franc is one of the major black grape varieties worldwide. It is principally grown for blending with Cabernet Sauvignon and Merlot in the Bordeaux style, but can also be vinified alone - as in the Loire's Chinon...

, and 2% Petit Verdot
Petit verdot
Petit Verdot is a variety of red wine grape, principally used in classic Bordeaux blends. It ripens much later than the other varieties in Bordeaux, often too late, so it fell out of favour in its home region. When it does ripen, it is added in small amounts to add tannin, colour and flavour to the...

, whereas the final wine is between 80% and 95% Cabernet Sauvignon, 5% and 20% Merlot, and up to 3% Cabernet Franc and Petit Verdot. Occasionally exceptions are made, such as the 1961 vintage which was 100% Cabernet Sauvignon.

Wines

In addition to the first growth, around a third of the wine is released as a second wine
Second wine
Second wine is a term commonly associated with Bordeaux wine to refer to a second label wine made from cuvee not selected for use in the Grand vin or first label...

under the label Carruades de Lafite.

Price

Across all vintages Lafite Rothschild is one of the most expensive wines you can buy. It has proved an incredibly profitable wine for investors, with the price of its 2005 and 2000 vintage fetching over £10,000 per case. Futures contracts for the 2008 Lafite Rothschild have returned investors over 100% on their investment within two weeks during May 2009.

External links

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