Alibaba billionaire Jack Ma buys next Bordeaux château

Jack Ma, billionaire founder of Alibaba and owner of Château de Sours in Bordeaux, has added Château Perenne in Blaye Côtes de Bordeaux to his portfolio of wine estates in the region. The sale, which was completed last month for a reported €16 million, will see this 64 hectare estate, planted with mainly the Merlot grape, become Ma’s second château in the region.