- Château Palmer, is a winery in the Margaux appellation d'origine contrôlée of the Bordeaux region of France
Château Palmer Net worth 2024 (estimated)
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Château Palmer facts
- The wine produced here, was classified as one of fourteen Troisièmes Crus (Third Growths) in the historic Bordeaux Wine Official Classification of 1855
- The property is situated in the communes Margaux and Cantenac, and its wine is considered to be one of the two most popular Third Growths
- Since 1998, the Château has been producing also a second label, not a second wine, Alter Ego de Palmer, selected from the same quality terroirs, but employing different wine-making techniques and different proportions of grapes
- In order to produce an earlier-drinking wine
- Some 40% of the estate's production, is now sold as Alter Ego de Palmer
- The result has been a significant reduction in the quantity of wine sold as Château Palmer (from nearly 20,000 cases before the introduction of Alter Ego de Palmer to 11,000-12,000 cases currently)
- The previous second wine, La Réserve de Général, is not a component of Alter Ego de Palmer, but is now sold off in bulk
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