Menu

Cape Wine Auction Breaks Record With R22.3m raised

Featured

Wine - [https://assets.entrepreneur.com/content/16x9/822/20150909205144-red-wine-classy-evening-dinner.jpeg] Wine - [https://assets.entrepreneur.com/content/16x9/822/20150909205144-red-wine-classy-evening-dinner.jpeg]

In a spectacular show of generosity and opulence the Cape Wine Auction broke their own record by raising a staggering R22.3 million on 11 February at the Antonij Rupert Wyne Estate, sponsored by Nedbank Private Wealth.

All proceeds raised at the auction, with no deduction, will be allocated to 22 beneficiaries who make a profound impact on education and the lives of children in the Cape Winelands.

Bids of exciting travel, luxury accommodation and limited edition wines  went under the hammer with a bespoke experience in Napa Valley, California, reaching a height of R3 million – the highest ever paid lot in the history of the auction’s existence since 2014.

The Lionel and Anton Smit collaborative sculpture, created especially for the auction and standing at three meters tall reached an incredible R1.2 million and included a wine and dining experience at Idiom Fine Dining Restaurant and Wine Estate.

Guests from across South Africa and as far as the USA, Germany and Sweden were treated with cuisine prepared by some of South Africa’s leading chefs, limited edition wines and performances by Zolani Mahola , Watershed’s Craig Hinds and George Town.

Cape Wine Auction Director, Darielle Robertson says they are overwhelmed by the generosity of the bidders.

“We set out aiming to raise R15 million this year but the final amount has literally left everyone speechless. The commitment to giving-back, changing lives and sharing good fortune was certainly testament in the overwhelming bids raised. With this money we can expand our programs and reach even greater highest with the progress we have achieved so far.”

back to top

Industries

About us

Follow us

Follow us @BusinessNewsCT

BusinessNewsCT My week on Twitter 🎉: 2 Mentions, 4.33K Mention Reach, 1 Like, 2 Retweets, 4.93K Retweet Reach. See yours with… https://t.co/WW4pGraRUG
11hreplyretweetfavorite
BusinessNewsCT Listeriosis outbreak hits Tiger Brands for R363 million – and counting - https://t.co/8JMSSgk8Sm https://t.co/I311GaGHWc
BusinessNewsCT Molefe to cut 'deep claws' of corruption at Transnet - https://t.co/dZ2JZOhyHq https://t.co/zCZ9MUrq79