Tuesday 14 June 2016

Marcus Hiles - Wine and Collecting

Aside from creating and constructing some of the most innovative real estate developments in Texas, Marcus Hiles, founder and CEO of Western Rim Properties, has another main passion: wine. When building his house just outside of Colleyville, Texas, Hiles had a unique wine cellar built complete with an underground stream. The stream helps keep the cellar at the perfect atmospheric temperature for the preservation of his vintage wine collection, estimated at an approximate value of $15 million dollars.
Marcus Hiles
The Marcus Hiles collection is renowned for its spectacular Bodeaux and Burgandy Chateaux selections. In 2010, a portion of Hiles’ collection --- 6,500 bottles --- was sold at Sotheby’s Hong Kong for a total of $7.7 million. Included in the sale was the collection of 1,030 bottles of Domaine de la Romanée-Conti valued at $1.8 million alone, making it the biggest collection of this wine ever offered by Sotheby’s Asia. Hiles’ superb taste in wine drew the commendation and approval of Serena Sutcliffe, Worldwide Head of Sotheby’s Wine Department. The majority of the sale’s proceeds went to construct computer labs and fund afterschool programs for inner-city children.

Hiles is famous for buying wine upon its initial release, before the wines were made available to general consumers, and preserving it in his temperature-controlled cellar. These rare bottles of wine run upwards of hundreds of thousands of dollars each.

Best known as a successful real estate mogul, Marcus Hiles has also funneled his skills and abilities into amassing an incredible collection of rare, vintage wines that is unparalleled.

Sources: http://files.shareholder.com/downloads/BID/0x0x398015/f02894ab-54e6-4f0e-af90-945fce086732/398015.pdf
http://www.marcusdhiles.com/real-estate/marcus-d-hiles-seasoned-wine-collector/
http://virtualglobetrotting.com/map/marcus-hiles-house/
http://www.marcushileshoustonnews.com/real-estate/marcus-hiles-the-wine-connoisseur/
http://aboutmarcushilesdallas.com/real-estate/the-life-of-a-real-estate-mogul-marcus-hiles-and-western-rim-properties/