Watched a documentary on Netflix last night,
"Sour Grapes" (2016) about a young wine connoisseur named Rudy Kurniawan who could identify any wine or vintage by taste. He suddenly appeared in the hoity-toity wine auctions (populated by CEOs and hedge fund managers who had "fuck you" money in the late 1990s), buying hundreds of thousands of dollars of rare wine and singlehandedly causing the whole market to balloon into a huge bubble.
Somewhere along the line, Kurniawan started selling more wine than he was buying, a lot of rare and very expensive vintages. Trouble is, he got sloppy and offered some vintages that didn't exist. His counterfeiting was masterful -- not only did the bottles, corks and labels fool all the other experts for a decade, Rudy blended wines to produce fairly accurate imitations of the wines he was faking.
He eventually got caught, with the help of a French vintner and Bill Koch, the wine-collecting Koch brother*. Rudy went to jail for 10 years, longer than many murder convictions.
Rich people do not like being duped.
Meanwhile, the market for expensive wines has all but collapsed due to distrust of provenance. It's estimated (very ROUGH estimate!) that as many as 10,000 bottles of Rudy's fakes are still circulating or in private collections -- but nobody really knows for sure. Or wants to find out.
The documentary showed the Justice Department crushing 40,000 bottles from Rudy's wine cellar after his conviction. Some of those were undoubtedly fake, but some were $1million bottles of truly rare wine. Nobody could tell which was which, so they smashed all of it. I'm sure that helped the market for rare wines.
Rich people!
* - Scenes shot in and around Koch's palace are simply jaw-dropping. Huge manicured grounds with statues and reflecting ponds, gilded golden doors, rooms filled with Picassos and famous statues.... The obscene opulence is just astonishing. The rich are truly not like you or me. And now they own the government.
Well, probably they have for a while.