20091201

Late billionaire's wine going to auction

To people of a certain age, the name Doris Duke will ring a bell. A gold-plated bell.

The late, lone heir to the estate of tobacco tycoon James Duke once was known as the "richest little girl in the world." In 1924, at the age of 12, she inherited his $100 million estate derived from both Duke Energy and the American Tobacco Co. which today is known as Fortune Brands.

She was known as a philanthropist and excellent businesswoman whose estate was worth $1.2 billion at the time of her death in 1993.

Among the many things she collected over her lifespan was wine. And, not just any wine. Four lots from her cellars will be up for auction at Christie's in Manhattan on Wednesday, December 9.

Each of the four lots of three bottles of 1929 Chateau d'Yquem has a pre-sale estimate of $15,000 to $24,000.

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