Until now, I'M, Oberon and Hangtime have been produced at various facilities, including Carneros Creek. importer for several brands from Italy (including Marchesi de Frescobaldi, Robert Mondavi's former joint-venture partner), Spain, Austria and New Zealand. By the time of his departure, Michael had already started I'M, and he quickly set up Folio Fine Wine Partners, which has acted as distributor for his own brands and other California producers, as well as the U.S. Later that year, the corporation was acquired by Constellation Brands, the world's largest wine company, for $1.3 billion. in September 2004, amid the publicly traded company's plans to divest itself of luxury brands such as Opus One and focus more on lower-end brands such as Woodbridge. Michael Mondavi resigned as vice chairman of Robert Mondavi Corp. It needs a vineyard and a winery to have credibility in the international wine community.'" "Something I learned very early was when we did Opus One in 1979 with Baron Philippe de Rothschild he said, 'We can use the Robert Mondavi winery for a few years, but it needs a home. "It gives us more credibility," said Mondavi of the purchase, the price of which was not disclosed. For the next three to five years, the Mahoneys will continue to make their Mahoney Vineyards and Fleur de California wines there as well. Mondavi, who now owns Folio Fine Wine Partners with his wife, Isabel, and son, Rob, will produce their recently started I'M, Oberon and Hangtime brands in the facility. Michael and his wife Isabel reside in Napa Valley, close to their children and respective families.Michael Mondavi, son of California wine pioneer Robert Mondavi, has bought Carneros Creek winery in Napa from Francis and Kathleen Mahoney. In 2015, the Wine Enthusiast named Michael their 2015 Person of the Year, recognizing his contributions to the US wine industry. He has held roles as Chairman and CEO of various industry bodies including the Wine Market Council, Napa Valley Vintners, California Wine Institute, and Winegrowers of California. Recognized as one of the global emissaries of California wine, Michael has been actively involved for decades in industry affairs and numerous civic activities. Today, Folio is focused on representing the finest portfolio from esteemed family-owned producers from Italy, Spain, Portugal, Argentina, France, Austria and Mondavi’s own family portfolio from California. In 2004 they launched Folio Fine Wine Partners – a full-service wine importer and marketing agency that was born of Michael’s strong belief and vision that the best wines in the world would be produced by wineries that are family owned and family managed. This marked the first chapter of the Michael Mondavi Family Estate, creating a sustainable legacy to be passed down to the next generation. and Dina, purchased the Animo vineyard on Atlas Peak. In 1999, Michael, along with his wife Isabel and their two children, Rob, Jr. He later served as Chairman from 2001 to 2004. He was named Managing Director and CEO in 1990 and, following the company’s public offering in 1994, was appointed President and CEO. From 1969 to 1978, Michael served as Vice President of Sales. He served in many positions at the winery, including winemaker for the first eight harvests, including the celebrated 1974. Raised at the Charles Krug winery in St Helena, Michael’s career began in 1966 when he and his father Robert co-founded the Robert Mondavi Winery in Oakville, Napa Valley. Michael Mondavi is known as the “quiet icon” among his friends and colleagues and is widely credited with helping to establish and build the Napa Valley wine industry as we know it.
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