NBR Rich List shows wine wealth climbed
There were no sour grapes on the NBR Rich List this year, with wealthy wine company owners and families cashing in on the growing industry. The New Zealand wine industry reached new heights this year, posting a record $1.57 billion worth of exports in the year to June, up nearly 10 per cent on the previous year. This increase in exports, driven by demand in the United States, has lined the pockets of the wine rich, most of whom posted increases in personal worth, according to the National Business Review.