(Decanter) - The owner of Château Petrus has sold a minority stake in the estate to US-Colombian billionaire Alejandro Santo Domingo, according to reports that are sure to cause much discussion in Pomerol and Bordeaux.

The rumour mill in Bordeaux went into overdrive last night (7 September), after French magazine Revue des Vins de France reported that Petrus owner, the Moueix family, had sold a 20% stake in the Pomerol powerhouse.

Financial newspaper Les Echos subsequently named the purchaser as Alejandro Santo Domingo, a Colombian-American financier and philanthropist ranked at 499 on Forbes World Billionaire’s list in 2018 and with a personal fortune of $3.9 billion. Santo Domingo’s family are shareholders at Budweiser brewing giant Anheuser-Busch InBev.