The NY Times discusses the family feud among the Alvarez family and the Vega Sicilia winery, noting:

When Pablo Álvarez began sending invitations to a recent 150th anniversary party for Vega Sicilia, the historic winery he runs in the Ribera del Duero region of Spain, he offered one to his estranged father, David Álvarez, who bought the winery in 1982. The party was sure to be a blowout, with 700 guests — including Soraya Sáenz de Santamaría, the deputy prime minister of Spain, along with fans of the winery like Kurt Russell, Goldie Hawn and Kate Hudson — and with food provided by El Celler de Can Roca, a restaurant in Catalonia that is considered one of the world’s best.

But David Álvarez did not accept the invitation. He had organized a competing event for the same day in his residence in Madrid and had invited many of the same people.

To read more, seeA Family Feud, Uncorked in Spain – NYTimes.com.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.