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Bill Foley Adds Eos Wines To His Empire
Filed under: Wine
Lately it seems like every time I turn around billionaire Bill Foley is buying something new. The owner of Foley Family Wines recently announced the purchase of Eos winery in Paso Robles, California. The sale includes the Eos, Cupa Grandis, Lost Angel and Novella labels. Eos winery was founded by the Arciero family in 1985 but sold to Sapphire Wines in 2007. The winery now produces Cabernet Sauvignon, Chardonnay, Petite Sirah, Pinot Grigio among others along with really delicious dessert wines including a Late Harvest Moscato and an outstanding Zinfandel Port. Wines are in the $12 to $40 range. It puts out over 200,00 cases per year and is one of the stars of the growing Paso Robles region. The winery switched to being 100% solar powered in 2008. Back in May 2010, the winery went into receivership.
Foley Family Wines is based in Sonoma but has brands all the way from Napa to New Zealand. Foley is the Chairman of the Board of Directors for Fidelity National Financial Inc. He is also the developer of Rock Creek Cattle Company, an 80,000-acre working Montana ranch with a golf community and real estate development as well as other resort and farm properties around the world.
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