Well, someone had to follow in Donald Trump's footsteps. New reports from the Wall Street Journal say that the business mogul has bought himself a winery.
Murdoch closed on the Moraga Vineyards winery and estate for a cool $28.8 million, says the WSJ. The winery, located in the Bel Air neighborhood of Los Angeles (really? Not Napa?) produces about 1,500 cases per year. The 2,300-square-foot winery also includes a wine cave and a tasting room, and the estate was built by the Hollywood director Victor Fleming, who directed The Wizard of Oz and Gone with the Wind. The deal has been in motion since April, but hasn't closed until now because Murdoch needed to procure liquor licenses first.
The WSJ says Murdoch will be continuing the winemaking tradition as the past owners have. Let's start the guessing games: what's Murdoch's favorite wine?