Wine / My new discoveries from South Africa |
When I heard that Minnesota Representative Ilhan Omar had gotten into the wine biz, I thought “Hot dog! If she is as good at wine as she is at investing, this should be spectacular.” I mean, talk about creatio ex nihilo. Just a few years ago, Omar had a net worth of about $1,000. Now she is said to be worth some $30 million. Perhaps only Nancy Pelosi, the world’s most successful investor, is better at conjuring something out of nothing.
In 2022, eStCru, the winery Omar’s husband had invested in, was touted as a “hot brand” by Wine Business Monthly. There was chardonnay from the Willamette Valley, cabernet from Mendocino and more. Omar’s financial disclosure estimated the value of her holdings to be between $15,000 and $50,000 one year and between $1 million and $5 million the next. Savvy, what?
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Alas, the winery no long exists. Looking for wine at eStCru is like looking for children at a Minneapolis childcare center. The adverts are many, the reality as exiguous as was honor for Sir John Falstaff in Henry IV, Part 1: “What is honor? A word. What is in that word ‘honor?’ What is that ‘honor?’ Air. A trim........