The real estate
magnate and founder of Bodegas Tradición, Joaquín Rivero has died aged 72 in hospital in Jerez. Jerezano by birth and entrepreneur by
nature, he started his career in the family business but soon founded his own, making
construction materials. In the early 1980s he moved into real estate on an
international scale and soon became a multi-millionaire. This wealth allowed him to indulge his two
passions of Sherry and art.
Rivero was a descendant of the famous old
bodega family JM Rivero, and in the 1990s he bought an old bodega in the Plaza
Cordobeses and had it renovated. He bought old soleras and some Añadas and established
a Fino solera, quickly earning a reputation for quality. He also built the most
impressive collection of Spanish art in Andalucía, amounting to some 300 works from
between the XV and XIX centuries, and a selection of this is on display at the
bodega. He was recently selected for the Premio Ciudad de Jerez 2016 in
recognition of his achievements.
2016 is the second
smallest harvest in the last decade with a fraction over 57 million kilos, 26% down on last year. Only 2012 was
smaller with only 47 million kilos thanks to extensive drought. Yields this
year have varied widely in the different areas with Jerez producing a little
over 40 million kilos (70% of the total crop, but 19% down on last year), while
Sanlúcar was 40% down and Trebujena nearly 50% down. Chipiona was down 34%, El
Puerto nearly 50%, Rota 30%.
It all goes to show that while we have improved
husbandry and winemaking dramatically, we are still at the mercy of the weather.
An estimated 7% of the losses are attributable to the mildew outbreak which
resulted from heavy rain (200 litres/square metre in some places!), especially
in coastal vineyards. The main cause however, has been the almost endless
Levante wind which takes moisture from the grapes. The poor growers who sell
grapes to the bodegas are paid by weight, and have suffered financial losses. Also,
Sherry grapes are ridiculously cheap at about 0.35 €/kilo. At least the quality
is good.
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