Some of the world's most famous wines. The grapes are grown in the best vineyards in Bordeaux and are carefully selected to create the perfect blend. Secondly, despite its previous reputation, Lafite was not very consistent into the last century, due to Phylloxerra, which swept across the continent, and the effects of the two world wars, and some of the good years were quite mediocre. - 94/100, Tom Cannavan, Standard delivery next day In addition to being one of the first growth wines from Bordeaux, it is one of the most expensive. Price starts low and is sold to the highest bidder. Rothschild, however, died just three months after purchasing Lafite. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. Slightly high-toned, highly nuanced nose of currant, roasted meat, cedar, marzipan, smoke . The growing season was idyllic with both budburst and flowering occurring under perfect conditions. Covid has seen a lot of unspent wealth build up and wine is reaping the benefits. In 1989, the bottle collided with a tray at a wine dinner in New York, and win merchant William Sokolin scooped $225,000 (157,200) from the insurance (although he had originally sought out a massive half a million). View our latest reports to see how the fine wine market is doing. The remaining vintage years of the 21st century have all otherwise been reasonable quality, although the 2013, 2010 and 2005 stand out above the rest. Because of the magic of Bordeaux, it takes a while to develop the complex secondary and tertiary characteristics of cedar, leather, and tobacco. Because saliva builds up in the mouth all day, it can alter the taste of wine. The consumer price index jumped 6.8% from a year earlier, the fastest pace since 1982, as prices surged for staples such as food and gasoline, new and used cars, rent and physicians' services . This particular bottle had the initial Th.J etched into it the markings of enthusiastic oenophile Thomas Jefferson. The chteaux take these reactions into account when they come up with the wines release price. Chateau Ducru-Beaucaillou, Saint-Julien, France, Chateau La Mission Haut-Brion, Pessac-Leognan, France. Firstly, there is the 1982 vintage. French wine production from the 2017 harvest will fall to historic lows due to damage from spring frosts, officials have estimated. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. Chteau Lafite Rothschild is a wine estate in the Pauillac region of the Mdoc, producing one of the most sought-after and expensive red wines in the world. But what happened that night wasn't just a coup for Lafite. More shipping info. The core is plummy and rich, with notes of bramble and earth, but then a creamy layer of blackcurrant adds to a fleshy mid-palate. 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It looks like a hill, and Lafite is located on the slope of a hill. Irrespective of whether in bottles or magnums or larger, Lafite should be an important part of your fine wine collection. [4], In the early 18th century, Nicolas-Alexandre, marquis de Sgur refined the wine-making techniques of the estate, and introduced his wines to the upper echelons of European society. There have been many notable events at the estate over the last century. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. Even the best Bordeaux only lasts around 50 years, so why the incredible price tag for this one in 1985? The problem was that the Chinese had never bought much at En Primeur, Salin recalled recently. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. With his camera, James Molesworth looks at the region known as the Left Bank of France for its prime Cabernet Sauvignon grapes. Occasionally exceptions are made, such as the 1961 vintage which was 100% Cabernet Sauvignon. It is considered by some to be the best wine to come out of Bordeaux. Cask tastings revealed a vintage of almost Port-like richness and weight. Chateau Lafite Rothschild, 1869 163,000. And it was our thank you to China for helping us through the years.. Learn More >, The Drop is an online magazine that connects people to wines theyll love. Will there be any dramatic changes at the heart of the wine world? Photo courtesy of DBR Lafite. It may be early in the marathon that is Bordeaux En Primeurthe worlds biggest weeklong barrel-tasting eventbut its not too soon to say that 2016 is a great vintage overall. This moniker has stood the test of time, with modern-day Lafite still commanding more demand and attention globally than it's first growth counterparts. In Bordeaux, as almost anywhere else in the world of fine wine, wines get more expensive as they get older, and that effect accelerates the older the wine becomes. At the beginning of the 18th century Lafites wine was sold in London, where it was reported to be a favourite of the Prime Minister, Robert Walpole, who was reputed to have purchased barrels of 1732 and 1733. Across all vintages Lafite Rothschild is one of the most expensive wines in the world, with the average price per 750 ml bottle reaching $911. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. Across all vintages Lafite Rothschild is one of the most expensive wines in the world, with the average price per 750 ml bottle reaching $911. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. The most important thing for Chinese people is their face. Why has it managed to have such a high popularity in the country? Investing in wine could be your smartest investment yet. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. The cellarmaster in 1982 was Robert Revelle, who succeeded his father Georges. answer the question why is 1982 lafite so expensive, which will help you get the most accurate answer. It became the most expensive wine ever sold when the hammer went down at the final price of $233,972. The purity of fruit here really pushes through to the finish. Is it familiar? Its vines are around 70% Cabernet Sauvignon, 25% Merlot, 3% Cabernet Franc, and 2% Petit Verdot, whereas the final wine is between 80% and 95% Cabernet Sauvignon, 5% and 20% Merlot, and up to 3% Cabernet Franc and Petit Verdot. And it would be a public humiliation for one of the wine worlds premier chteaux. The 1982 vintage for Bordeaux was and still is considered one of the great vintages. BEVERLY HILLS A case of 1982 Chateau Lafite Rothschild Pauillac, one of three such cases with bottles in original tissue, realized $41,175 to top Heritage Auctions' $1.76 million Wine Signature Auction, which sold 100% by value and 100% by lot. The wineries of SLO Wine Country boast an average distance of just five miles from the Pacific Ocean, resulting in prevailing marine conditions that are among the most pronounced of any wine region in California. I told them, Sprite tastes better without Lafite, and Lafite tastes better without Sprite. Nevertheless, the 1982 sold well among government dignitaries and oligarchs looking for the perfect gift, even if they never really intended to drink it. The significant role played by bitcoin for businesses! Estimate: 11,00014,000. France: Paris [and Ile-de-France], Chateau Lafite Rothschild 1982 WL, [No Label], Chateau Lafite Rothschild 1982 Bouteille (75cl) ME ELA, [Slightly Damaged Mid Shoulder], Chateau Lafite Rothschild 1er Grand Cru Classe, Rouge, Pauillac, Chateau Lafite Rothschild 1982 Bouteille (75cl) ME ETLA, [Very Slightly Damaged Mid Shoulder], Chateau Lafite Rothschild 1982 MS, [Mid Shoulder], Chateau Lafite Rothschild 1982 TS SD, [Slightly Damaged Top Shoulder], Chateau Lafite Rothschild 1982 TS, [Top Shoulder], Chateau Lafite Rothschild 1982 THE EA, [Fairly Damaged Very Top Shoulder], Chateau Lafite Rothschild 1982 FD, [Fairly Damaged], Chateau Lafite Rothschild 1982 SD DC, [Slightly Damaged Damaged Capsule], Chateau Lafite Rothschild 1982 BN SD, [Slightly Damaged Base of Neck], Chateau Lafite Rothschild 1982 SD, [Slightly Damaged], Chateau Lafite Rothschild 1982 BN, [Base of Neck], France: Aquitaine, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 750 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 5000 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 12 x 750 ml, Chateau Lafite Rothschild 1982 ETA CA, [Highly Damaged Damaged Capsule], Chateau Lafite Rothschild France Red Pauillac Bordeaux, 6 x 750 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 1500 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 3 x 1500 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 3 x 750 ml. The wine is without a doubt one of the best Bordeaux wines to come out. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. Salin had not only helped open up the Chinese market for fine wines, he was now helping to open Western markets to prestige wines made in China. It simply oozes class. Christies International Head of Wine Tim Triptree MW explains why its so highly sought after. Generally speaking, Lafite takes about 25 years to blossom in a strong vintage; the 1999, from a less powerful year, is just starting to develop secondary nuances, the herbal and savory notes that . It has a fruity taste with a hint of oak. A second Chteau Lafite Rothschild vineyard was established in the Chinese province of Shandong, where 250,000 vine stocks from France are planted on 30 hectares. Chteau Only twelve copies of this doll were made by Mattel. The vineyard is one of the largest in the Mdoc at 107 hectares, and produces around 35,000 cases annually, of which between 15,000 and 25,000 are first growth. Vintages at Chteau Mouton Rothschild are known for their distinct labels. It was exceedingly wet the first half of the year and bone dry for much of the second half. It looks like you're in Asia, would you like to be redirected to the Could there be a changing of the guard among Bordeaux's top producers? [3] Although vines almost certainly already existed on the site, around 1680, Jacques de Sgur planted the majority of the vineyard. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}451330N 04623W / 45.22500N 0.77306W / 45.22500; -0.77306. And he, Robert Parker, a relatively new and little-known American wine critic, staked his life on the credibility of that vintage as one of the best of the 20th century. Second, the grapes used to make Lafite wine are of the highest quality. We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. After peaking in 2011, however, the price of some vintages halved in two years. Mr. Liu put the price of a bottle of 1982 Lafite at about 60,000 yuan or $9,500 (taxes tend to make wine more expensive in China than in other markets) -- and he clearly expected Maotai to. Chateau Lafite-Rothschild, 1787 109,300. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. But it was a small market, complicated by the way that top Bordeaux is sold: Bordeauxs custom is to sell its wines two years before they are bottled. It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. The estate, which is owned and operated by the family, produces a wide range of wines, including red, white, and ros. For this chart, Im including just 750 ml bottles (the standard) of red wine produced since 1950. Limited availability. The best wines, which Lafite is unquestionably in that category also have a freshness and vibrancy to balance the matured bouquet. Composition: 65% Cabernet Sauvignon, 29% Merlot, 6% Cabernet Franc, Release price: 170 francs per bottle (around 17), which rose on the export market to 225Fr (22.50), Price today: between 47,000 and 54,000 per case (3,915 to 4,500 a bottle) and rising. The Krug 1928 set a new record in 2009 at Acker Merrall & Condits first ever Hong Kong sale. This lengthy aging process adds to the cost of the wine. The 1982, considered one of the best vintages of last century, was the most expensive lot fetching $42,350, including a 21 percent commission known as buyers premium. But what happened that night wasnt just a coup for Lafite. The unusually warm growing season resulted in grapes of perfect ripeness and enormous concentration and richness. Were the worlds first wine discovery platform with a simple matchmaking mission: to pair people with bottles that bring them joy. Deep in colour, it has a classic Pauillac nose with intense black fruit mixed with pencil shavings and black truffles. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Lafite was one of five wine-producing chateaus of Bordeaux originally awarded First Growth status in the 1855 Classification. Ritchie took his place and the bidding began. Many people do not know why Lafite '82 is expensive, now I will tell you. A nearly two-century-old bottle of Chateau Lafite, believed to have been part of an order set aside for Thomas Jefferson, commanded $156,450 today at an auction here. Rather more closed on the nose. [20] Prices for Carruades de Lafite rose dramatically due in part to Chinese demand, with the prices of its 2005 and 2000 vintage fetching over 10,000 per case. Great length and probably a few years off its peak. (AG) (3/2014) Good full, deep red. [15] On 29 October 2010 the record was broken at a Sotheby's auction in Hong Kong three bottles of 1869 Chateau Lafite-Rothschild were sold for HK$1.8M (US$232,692) each.[16]. We use cookies to ensure that we give you the best experience on our website. Having already established a presence in Japan, Taiwan, and the more independent Asian mainland cities of Hong Kong and Shanghai, they saw China as the next big market, as soon as Communist rule permitted it. The fight between Chteau Mouton Rothschild and Bordeaux was one of the most significant in modern history. Chteau Lafite Rothschild is one of the most expensive wines in the world, with prices ranging from $911 per 750 ml bottle to $1,699 per 750 ml bottle. Nov 22, 2010. A bottle of 1869 Lafite had an estimated price of $8,000. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. Billed by many as the finest wine ever produced by the estate, only six bottles have been made, and one was sold to an Asian buyer in Dubai in 2013 for an eye-watering 122,380. 2 magnums per lot. The Chardonnay at Chteau Lafite Rothschild is always more Merlot than the grand vin. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. For me, the magic of Bordeaux requires patience, the wines need time to evolve their complex secondary and tertiary characteristics of cedar, leather and tobacco. They should be fine 2017 is potentially a very good vintage. It was going to be a tough day, and neither Ritchie or Salin, the CEO of DBR Lafite, the company behind Lafite, were certain the wines would attract anything like the prices they were hoping for. In this week's episode, we hear how LaRussell first started gaining traction in his hometown of Vallejo, how he landed appearances on some of the premiere hip-hop radio shows, and why he's turned down offers from every major label in pursuit of building an independent empire. Since then, it has been a consistent producer of one of the world's most expensive red wines. Since then, Parker's reputation has grown, his following has grown, and his influence has grown. She is the youngest woman leading a Premier Grand Cru Bordeaux estate. Fourth, Lafite is one of the most prestigious wine producers in the world. I have been fortunate to taste Lafite on many occasions. CA: Los Angeles. Asia House Musk Made a Mess at Twitter. A case of 1982 Chateau Lafite helped Christie's International raise $819,715 in its first exclusively online wine auction yesterday. Christoph Salin. Although Lafite was still somewhat unknown in China, it had been a household word around the world for centuries, dating its history back until at least the 1200s. Wholesalers' Online Wine Claims Don't Stand Up, Chile Seduces China and a Winemaker Romance, Some Comfort for Wine Ponzi Scheme Victims, Popularity relative to other wines, spirits and beers, Chateau Lafite Rothschild 'Carruades de Lafite', Chateau Lafite Rothschild Vertical Collection, Chateau Lafite Rothschild The Almanac Case, Chateau Lafite Rothschild 'Carruades de Lafite' The Curve Vertical. Wine Investment, Tagged: Robert Parker gave this vintage a score of 100 points, and legend has it that he tasted this vintage 11 times and was satisfied with 100 points each time. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Chteau Lafite-Rothschild 1986. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). This means that every time you visit this website you will need to enable or disable cookies again. No. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. The style covers a broad spectrum of flavor profiles, but tend to be elegant and Far from being an officially defined or legal term, it is almost never used for wine-labeling purposes (although it occasionally appears on back labels). According to the 1855 Classification of the Bordeaux Grands Crus Class prepared for the Universal Exhibition in Paris, Lafite was officially ranked first. Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. There was also plenty of the 2008 vintage on offer, but its fate was less certain. The fresh wine was then aged in new barriques, produced at Lafites own cooperage, for almost two years before bottling. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. At the beginning of ageing, the quality of 2017 red wines from vineyards spared by frost are proving to be satisfactory to very good. Chteau Lafite Rothschild, located in Pauillac, France, is an estate of Bordeaux wine owned by members of the Rothschild family since the nineteenth century and classified as a First Growth under the 1855 Bordeaux Classification. You can find out more about which cookies we are using or switch them off in settings. For completeness we may include critic scores in our aggregation that we do not display. The Wine and Spirits Wholesalers of America have claimed teenagers are buying wine online. 12 bottles per lot. Salin had not only helped open up the Chinese market for fine wines, he was now helping to open Western markets to prestige wines made in China. Photo courtesy of DBR Lafite. Chateau Margaux, 2009 - 122,380. Lafite lies at the northern end of Pauillac. Three bottles of Chteau Lafite-Rothschild 1869 sold for HK$1.8 million each. In October 2019, the 2017 vintage of Long Dai its first went on sale in Europe. The Clockwork Building, 45 Beavor Lane, London W6 9AR, Reg Company No. Rapper, entrepreneur and innovator LaRussell takes us on a journey from his childhood in the Bay Area making music, to his viral freestyles that lead to an appearance on The Breakfast Club, to his current mission of reimagining the music industry from his own garage. Chteau Lafite-Rothschild 2005. The 1982 Lafite-Rothschild is a wine I have drunk several times, though maybe this is the first time in magnum. The harvest began early, on 16 September. So, what makes Lafite wine so expensive? The wine is typically aged for at least 18 months, and sometimes up to 24 months, before it is released. Join one of our online webinars to hear from experts on the market. The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. If you continue to use this site we will assume that you are happy with it. Wine Legend: Chteau Lafite-Rothschild 1982, Pauillac, Bordeaux, France Bottles produced: No record Composition: 65% Cabernet Sauvignon, 29% Merlot, 6% Cabernet Franc Yield: 40 hectolitres per hectare Alcohol level: 12.5% Release price: 170 francs per bottle (around 17), which rose on the export market to 225Fr (22.50) Returns are calculated in GBP and results may vary depending on exchange rates. This beverage is very sleek, full of black tea, currant, and crushed fig fruit, as well as subtle smoke, incense, and tar. It is important to note that the final blend is almost always close to 90% Cabernet Sauvignon. drinkable). Great length and probably a few years off its peak. Although it eventually cooled after reaching about 80 million cases of wine in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. The acidity then rushes in at the very end, causing the wine to become longer. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. In China the name Lafite has the most extraordinary and unexpected resonance. I was blessed to have drunk quite a number of Petrus vintages. It . Chteau Lafite-Rothschild 2000. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Christian Seely, Bordeauxs director of estates, oversees a portfolio that includes the estates of Pichon-Longueville-Baron, Pibran, Petit-Village, and Suduiraut. The first half of the 19th century saw Lafite in the hands of the Vanlerberghe family and the wine improved more, including the great vintages of 1795, 1798 and 1818. Of course, the influence of cinema is also huge, with a Hong Kong-made film contributing to this legendary story set in China. When it went for $233,972, it became the most expensive wine ever sold. Chteau Lafite Rothschild is a French wine estate of Bordeaux wine, located in Pauillac in France, owned by members of the Rothschild family since the 19th century, and rated as a First Growth under the 1855 Bordeaux Classification. PO Box 607Pismo Beach, CA 93448Phone: 805.541.5868Fax: 805.434.9380. As the room filled up, Christoph Salin must have wondered if his bold strategy would pay off, because the stakes could not have been higher. Chteau Lafite in Bordeaux. In terms of red Bordeaux, the wines of Pauillac are classic versions characterised with intense blackcurrant flavours and aromas that develop into pencil lead, cedar and cigar box with age. He knew the number eight is considered extremely lucky in Chinese culture, so hed arranged to have the Chinese symbol for the 8 in 2008 discreetly engraved in the lucky color red, just above the label. 2020 has ended up being a really good but variable year with wines of outstanding potential for many Bordeaux estates. In some cases, it will be different depending on the vintage character. Trinken/lagern +40 Jahre. The 1982 vintage is one of the best wines I have had the privilege to taste when it is on song, with impressive concentration of cassis fruit character with the classic cedar and cigar box aromatics, supremely well balanced and the finish went on and on a truly impressive wine! It was an easy harvest that saw an early and large crop, and in the vat rooms they say, it smelt of hot fruit jam. The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. Although your wine cellar might be valuable, sharing bottles with friends is priceless. Pauillac is a well-regarded a commune and appellation on Bordeaux's Mdoc peninsula. Its not a blockbuster year but the tannins and the fruit were ripe and we should see wines at the same quality level as 2012 (an underrated year in my book) or perhaps 2014. More importantly, Chinese consumption caused Bordeaux prices to rise so high, that it priced many of its traditional British and American fans out of the market. Cabernet Sauvignon is the dominant variety, but in some vintages Cabernet Franc, Petit Verdot and Merlot play a part in the blend. . Producer. Lafite is approachable in youth with a beautiful fragrant fruit character, however it will be fascinating to taste their younger vintages, such as 2009, 2010, 2015 and 2016 when they are fully matured. Inglenook Cabernet Sauvignon Napa Valley, 1941 17,250. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. Hotlines/WhatsApp. Then it indirectly helped to advertise Lafite '82. Discover how your secure fine wine investment is stored. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a. . Billed by many as the finest wine ever produced by the estate, only six bottles have been made, and one was sold to an Asian buyer in Dubai in 2013 for an eye-watering 122,380. Is Chateau Lafite an expensive wine? The price of other Bordeaux wines rose as well. Indeed, some criticised the vintage at the time for an almost Napa-like (thus atypical) opulence and predicted a short life for the wines. This bottle was a Bordeaux, a 1787 Chateau Lafite, and, according to The Guinness Book of World Records, 18 years later it still is the world's most expensive bottle of wine.Its great age alone . Let us guide you through the process behind investing in fine wine. The Japanese specialty has burst free of its traditional market and is getting consumers very thirsty indeed. [5] Towards the end of the 18th century, Lafite's reputation was assured and even Thomas Jefferson visited the estate and became a lifelong customer. The growing season follows a similar pattern to 2016, 2018 and 2019, in that we had a wet spring followed by a dry, hot summer, topped off by a warm, dry harvest. It is considered by some to be the best wine to come out of Bordeaux. Looking at the wine retail shelves raises one question: where's the Bordeaux? In Bordeaux, 2016 was a strange year. Discover our range of fine wines from around the world. Case of 1982 Lafite tops auction at $42k 12 May 2014 By Lauren Eads An original wood case of Chateau Lafite Rothschild 1982 was the top selling item at Zachys' New York Spring auction this. All of these factors combine to make Lafite wine one of the most expensive wines on the market. Chteau Lafite Rothschild has a rich and fascinating history. In 1982, Lafite became the representative of high-end wine in the eyes of most Chinese people because of the promotion of Hong Kong movies, and then became the representative of the entire wine community. Because of this madness, it is said that the price of an empty bottle of Lafite in 1982 was as high as 4,000 yuan, and the price of the most expensive Lafite in 1982 was about 500,000 yuan per bottle. From an investment point of view, the price of a wine is also at its peak when it enters the world's top restaurants for people to enjoy.