Rupert Murdoch buys Moraga Vineyards.
Rupert Murdoch, the billionaire media mogul, has entered the wine business by buying Moraga Vineyards, but the property has nothing to do with the East Bay suburb best known for St. Mary's College and high-performing public schools.
TREASURY Wine Estates has been buying premium vineyards in South Australia and the Napa Valley in line with a desire to grow its high-end business.