One of Napa Valley's most
well-regarded wineries, Screaming Eagle has been sold. The
San Francisco Chronicle reports
that the winery was sold by Jean Phillips to two financial entrepreneurs, Charles Banks and Stanley Kroenke. Banks
already owns a vineyard in the Santa Ynez region and Kroenke owns the Denver Nuggets and the Colorado Avalanche and his
wife is Ann Walton, an heir to the Wal-Mart fortune. They haven't revealed how much the winery sold for but it is
estimated that the winery is worth around $30 million. Screaming Eagle produces just 500 cases of cult Cabernet
Sauvignon per year and the wine always fetches top prices, most famously a six-liter bottle of the 1992 vintage sold
for $500,000 at a charity auction in 2000.
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