Oct. 14th, 2015

I am Valuating Vineyards this morning!

On my job you learn to calculate the value of things nobody usually thinks to put a value to, like golf courses, and vineyards. A few months ago I was calculating the net worth of a man who likes to build golf courses, huge complexes of courses with resorts and 90 holes and spa services. He recently bought a swathe of parkland to turn it into a two-course complex, one private course for wealthy golf vacationers and one public course for local enthusiasts. (If you're interested in how you valuate a golf course, see here.)

Today I'm working out the net worth of a billionaire turned ecologist who bought some land in California and turned it into an "eco-vineyard". He's also known for buying huge chunks of public land to prevent them from being developed by golf course owners and residential housing conglomerates.

I really want to introduce him to the golf course developer from the last time I had to learn kooky valuation and see them go at it. The golf course developer is (slightly) younger and more athletic but the eco-vintner is richer and wilier and would probably have him shot without flinching.

(If you want to know how to valuate a vineyard, see here.)

FIGHT, RICH ELDERLY BILLIONAIRES, FIGHT!

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