These Fine Wine Producers are Investing in a Sustainable Future

We like to think of great wine estates as being timeless. To name one example, the Marchesi Antinori family has thrived in wine for 26 generations. But last year, when another Napa Valley icon, Joseph Phelps Vineyard, was sold, I started thinking about how sustainable the future might be for luxury wine.

Faced with challenges like climate change and economic uncertainty, there’s the temptation for heirs and family members to cash in....