Warren Buffett is known more of a soft drink guy. He was never shy to profess his love for Coco-cola. The Berkshire Hathaway CEO apparently drinks on average five cans a day. Though we don’t know if Buffett’s wine consumption can match his soft drink intake, his support for fine wine as an investment asset has certainly boosted fine wine investment.
Back in 2010, the McLane Co unit of his investor’s insurance and investment company Berkshire Hathaway Inc. bought Kahn Ventures Inc, a wholesale distributor of distilled spirits, wine and beer in Georgia and North Carolina.
Warren Buffett also invested in Walmart, which sells beers and wine in the states, until 2016 when he sold most of Berkshire Hathaway’s stake in the retail sector.