MegaBanner-Right

MegaBanner-Left

LeaderBoad-Right

LeaderBoard-Left

Home » Industry News » Cape Wine Auction Breaks Record With R22.3m raised

Cape Wine Auction Breaks Record With R22.3m raised

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.”

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

Growthpoint’s logistics portfolio is bolstered by completion of Arterial Industrial Estate, Cape Town

GROWTHPOINT Properties has reached another milestone in its ongoing strategy to improve the quality of its directly held South African portfolio with the completion...

An SA first: Cape Town’s own-build solar PV plant hits 2 400 panels and counting

The City of Cape Town is making progress with its R200 million solar photovoltaic (PV) plant in Atlantis, having installed around 2 400 solar panels...

MUST READ

FUCHS LUBRICANTS SOUTH AFRICA Introduces Enhanced Distribution Strategy in the Western...

FUCHS LUBRICANTS SOUTH AFRICA is excited to announce a significant transformation in its distribution strategy within the Western Cape. This strategic shift marks a...

RECOMMENDED

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.