'Chocfinger' hedge fund boss who made a fortune through cocoa has now got a £660k sideline in fine wines



The hedge fund tycoon known as Chocfinger is sitting on a £660,000 stockpile of fine wines, accounts for his firm reveal.
Anthony Ward, 56, who co-founded trading house Armajaro in 1998 after more than three decades in the cocoa business, owns a 40 hectare vineyard in South Africa with the capacity to produce 37,500 gallons of wine.
Ward is thought to be worth more than £50million.
He made his name with a bet in 2002 in which he purchased 148,000 tonnes of cocoa – more than 5 per cent of global supply – then made £58million by selling it again after prices surged.
Armajaro's latest accounts... read more

 
7 October 2016 in Business, Views: 38
Source: Daily Mail
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