Founder of Kendall-Jackson wine empire
Jess Stonestreet Jackson
|
---|
Born
| (
1930-02-18
)
February 18, 1930
|
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Died
| April 21, 2011
(2011-04-21)
(aged 81)
|
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Alma mater
| University of California, Berkeley
|
---|
Occupation(s)
| Land Use Attorney, Wine Entrepreneur, Horse Racing owner and breeder
|
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Spouses
| Jane Kendall Jackson, Barbara Banke
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Parent(s)
| Jess Stonestreet Jackson, Sr. and Gertrude (Brock) Jackson
|
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Jess Stonestreet Jackson Jr.
(February 18, 1930 – April 21, 2011) was an American billionaire
wine
entrepreneur
,
lawyer
,
racehorse owner
, and businessman. He started the
Kendall-Jackson
wine business with his first wife, Jane Kendall (Wadlow) Jackson. The family's 1974 purchase of an 80-acre (32 ha)
pear
and
walnut
orchard
in
Lakeport, California
was converted to a
vineyard
. As of 2010, Vintner's Reserve Chardonnay was one of the most popular wines on the market.
[1]
Early life and education
[
edit
]
Jess Jackson grew up during the
Great Depression
and was raised in
San Francisco
's
Sunset District
.
[2]
His father, a teacher, was
out of work
three times while he was growing up, and there were times when the family had to survive on
rice
. To help support his family, Jackson started working at an early age. From the age of five, when he got his first job as a paper boy, he worked a variety of jobs including candy maker, a
soda jerk
, a temp at the post office, a
hops
picker, a
longshoreman
, a teamster, a lifeguard, and an ambulance driver.
[1]
Jackson graduated from San Francisco's
Abraham Lincoln High School
. He earned a law degree from the
University of California, Berkeley
. While studying law he worked as a dock laborer,
Berkeley
policeman and an ambulance driver to put himself through school. Upon his graduation from Berkeley in 1951, Jackson started practicing
real estate
law.
[2]
Wine Production
[
edit
]
In the late 1950s, Jess Jackson started a law firm in the San Francisco area, specializing in property rights issues.
[3]
Jackson was one of the founding members of the American California Trial Lawyers Association. He was also one of the four founding members in the 1970s of Decimus, a company which leased
IBM
mainframe computers to corporations.
[2]
In 1974, Jackson and then wife, Jane Kendall Jackson, purchased an 80-acre pear-and-walnut orchard in Lakeport. He converted it to growing
Chardonnay
and other varietals after realizing that there was increasing demand for high-quality grapes in the area. He sold the property's grapes to local wineries until 1981, when a down market led to a surplus of grapes on the market. Faced with the prospect of selling his grapes for a price that wouldn't cover the costs of growing them, he decided to make his own wine. He decided to produce affordable wines with an emphasis on quality, and, two years later, he released the first
Kendall-Jackson
Vintner's Reserve Chardonnay. That year it became the first wine to ever win a Platinum Award from the American Wine Competition.
[2]
Jackson and Kendall divorced in the early 1980s and Jackson later married Barbara Banke. Banke became his co-manager of their wine businesses. Jackson and Banke continued to expand their business, eventually owning about 25,000 acres in California, 14,000 of which were planted with wine grapes.
[2]
In 1992, Jackson prevailed in a highly contentious lawsuit against his former winemaker Jed Steele that prohibited Steele from revealing the formula
[
clarification needed
]
for the Vintner's Reserve Chardonnay. In 1997, Jackson lost a lawsuit against
E & J Gallo Winery
in which Jackson alleged that Gallo's Turning Leaf label was a ripoff of his Vintner's Reserve.
[2]
Among the wineries in his
Jackson Family Wines
portfolio, as of 2009, are
Kendall-Jackson
, Murphy-Goode,
[4]
and Robert Pecota Winery.
[5]
As of early 2009, it was ranked as the ninth largest winery holding company in the United States.
[6]
Jackson's brands at the time of his death were producing 5 million cases of wine annually.
[2]
In 2005, Jackson was listed by
Forbes Magazine
as tied for the
366th wealthiest person
in the world, with 1.8 billion dollars in assets.
[7]
The 2010 list by
Forbes Magazine
placed Jackson as the 536th richest person in the world with 1.9 billion dollars in assets.
[8]
Vintner's Hall of Fame
[
edit
]
Jess Jackson was inducted into the Vintner's Hall of Fame in 2009 for his outstanding contributions to the wine industry.
[9]
He was among several others being inducted that year, including winemaker
Warren Winiarski
, whose
Stag's Leap
Cabernet Sauvignon
won first place over
Chateau Mouton Rothschild
and
Chateau Haut-Brion
in the 1976
Judgment of Paris
, and the
Beringer Brothers
, whose wines helped to establish
Napa Valley's
reputation as a top grape-growing region.
[10]
Vintner's Reserve Chardonnay
[
edit
]
Kendall-Jackson Vintner's Reserve Chardonnay debuted in 1982 with a 16,000 case production.
[11]
In 1983, Vintner's Reserve Chardonnay won first ever Platinum Award from the American Wine Competition.
[12]
American's demand for Chardonnay picked up at the same time.
[13]
Kendall-Jackson Vintner's Reserve help Chardonnay become the most popular grape varietal
[14]
amongst American wine drinkers. Vintner's Reserve Chardonnay is the most popular selling wine made from that varietal,
[13]
[15]
which makes it the most popular wine in America.
[14]
Ray Isle of
Food and Wine Magazine
ranked Vintner's Reserve Chardonnay as one of his "50 Wines You Can Always Trust" in April 2007.
[16]
A
People Magazine
article also reported that
Barack Obama
owned a bottle of the company's chardonnay.
[17]
Thoroughbred Racing
[
edit
]
In 2007, Jackson bought a controlling interest in the champion racehorse
Curlin
, who won the
Preakness Stakes
and the
Breeders' Cup Classic
that year.
[18]
In 2008, the horse won the $6 million Dubai World Cup.
[18]
Jackson won the Sportsman of the Year 2008 Insider Award: "To owner Jess Jackson for believing in the greatness of his beloved
Curlin
then went above and beyond the call to prove it."
[19]
Jackson's investments in racehorses totaled over $200 million.
[2]
Death
[
edit
]
After several years of treatment for
melanoma
, Jackson died on 21 April 2011.
[2]
He was buried in a newly-created 12,000 square-foot cemetery on an Alexander Valley hilltop.
[20]
See also
[
edit
]
References
[
edit
]
- ^
a
b
"How to Be a Billionaire"
.
Entrepreneur
. March 2010
. Retrieved
2011-06-14
.
- ^
a
b
c
d
e
f
g
h
i
Fish, Tim, "Sonoma Vintner Jess Jackson Dies",
Wine Spectator
, 15 June 2011, p. 14.
- ^
"Obituary: Jess Stonestreet Jackson, 1930-2011 | Inc.com"
. 2022-10-05. Archived from
the original
on 2022-10-05
. Retrieved
2024-02-12
.
- ^
Jon Bonne (2009-07-22).
"Atlanta blogger wins Murphy-Goode's 'dream job'
"
. San Francisco Chronicle.
- ^
Tim Fish (2006-06-23).
"Jess Jackson Makes Another Purchase"
. Wine Spectator. Archived from
the original
on 2009-08-01
. Retrieved
2009-07-22
.
- ^
"The Top 30 U.S. Wine Companies -- Profiles"
. winebusiness.com. 2009-02-15.
- ^
"Obituary: Jess Stonestreet Jackson, 1930-2011 | Inc.com"
. 2022-10-05. Archived from
the original
on 2022-10-05
. Retrieved
2024-02-12
.
- ^
"#536 Jess Jackson"
.
Forbes
. March 10, 2010. Archived from
the original
on July 29, 2017
. Retrieved
September 1,
2017
.
- ^
"Obituary: Jess Stonestreet Jackson, 1930-2011 | Inc.com"
. 2022-10-05. Archived from
the original
on 2022-10-05
. Retrieved
2024-02-12
.
- ^
"Wine's Success Now in Soil / Vintners' new strength is appellation, appellation, appellation"
.
The San Francisco Chronicle
. December 5, 2008.
- ^
[1]
[
dead link
]
- ^
"California Wine | Will it be Merlot or a Cabernet Sauvignon"
. Professorshouse.com. Archived from
the original
on 2011-10-05
. Retrieved
2011-06-14
.
- ^
a
b
"Great Moments from 30 Years of Wine | Food & Wine"
. Foodandwine.com. Archived from
the original
on 2011-06-24
. Retrieved
2011-06-14
.
- ^
a
b
wil gerken; nathan hendler; doug floyd; amy burnham.
"Arts & Leisure: The Chameleon of Wines (Austin Chronicle . 04-12-99)"
. Weeklywire.com. Archived from
the original
on 2011-09-30
. Retrieved
2011-06-14
.
- ^
"Who is the Average Wine Consumer? - Vinography: A Wine Blog"
. Vinography. 2009-09-19
. Retrieved
2011-06-14
.
- ^
Isle, Ray.
"50 Wines You Can Always Trust | Food & Wine"
. Foodandwine.com
. Retrieved
2011-06-14
.
- ^
Sobieraj, Sandra (2008-08-04).
"The Obamas Get Personal - 2008 Presidential Elections, Kids & Family Life, politics, Barack Obama, Michelle Obama"
. People.com
. Retrieved
2011-06-14
.
- ^
a
b
Grimes, William (April 21, 2011).
"Jess Jackson, Lawyer Who Built Kendall-Jackson Winery, Dies at 81"
.
The New York Times
.
- ^
"Top Form and Upsets in 2008 Insiders Awards | Horse Racing Awards | Horse Racing Awards | Horse Racing Winners"
. Horseraceinsider.com. 2009-01-21. Archived from
the original
on 2011-07-12
. Retrieved
2011-06-14
.
- ^
Coursey, Chris (March 27, 2013).
"Burial laws are easy to break"
. Santa Rosa Press Democrat
. Retrieved
2021-01-02
.
External links
[
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]