The Fresocbaldi family has been making wine in Italy for 700 years. Today they produce over 11 million bottles annually, from their six Tuscan estates.

And much of the family's global success is the result of a joint venture formed with Napa Valley legend Robert Mondavi back in the early 1990s.

Twenty-two years later, the top-rated wines created from that venture, named Luce, have appreciated and are collectibles since the production still is so small.

We recently had the pleasure of spending time with Marchese Lamberto Frescobaldi, of the 30th generation, who is now president of the Marchesi Frescobaldi group, at Osteria della Pace in Eataly in downtown Manhattan, to talk about the expansion of Luce and his views on the global economy.

 

For more stories on big wine families, click here:

More from Video

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

This Could Be the Summer of Hard Seltzer

This Could Be the Summer of Hard Seltzer