The Billionaire's Vinegar
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Benjamin Wallace is an American author and magazine writer known for his 2008 book ''The Billionaire's Vinegar''.


Early life, family and education

Benjamin Wallace was raised in
Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...
, the son of Daphne Wallace and Don Wallace Jr. His father was a
professor emeritus ''Emeritus/Emerita'' () is an honorary title granted to someone who retirement, retires from a position of distinction, most commonly an academic faculty position, but is allowed to continue using the previous title, as in "professor emeritus". ...
of international law at
Georgetown University Georgetown University is a private university, private Jesuit research university in Washington, D.C., United States. Founded by Bishop John Carroll (archbishop of Baltimore), John Carroll in 1789, it is the oldest Catholic higher education, Ca ...
. In eighth grade, he decided to be a writer. Wallace graduated from Georgetown with a degree in English and a minor in philosophy.


Career

Wallace is a contributing editor for ''Vanity Fair''. He has written for ''New York'' magazine. Wallace often writes about technology and was one of the first journalists to cover Bitcoin in a mainstream publication. Earlier in his career, after briefly teaching and writing in the
Czech Republic The Czech Republic, also known as Czechia, and historically known as Bohemia, is a landlocked country in Central Europe. The country is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the south ...
and
Hungary Hungary is a landlocked country in Central Europe. Spanning much of the Pannonian Basin, Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and ...
, he moved to New York and spent two years working for a financial newsletter. Wallace then worked for ''Philadelphia'' magazine in which he spent his last three years at the magazine as its executive editor.


''The Billionaire's Vinegar''

In 2008, Wallace published ''The Billionaire's Vinegar'', subtitled The Mystery of the World’s Most Expensive Bottle of Wine, a book about Hardy Rodenstock's alleged Thomas Jefferson wine bottles. It debuted at #10 on the ''New York Times'' bestseller list. ''
The Economist ''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...
'' described it as “a great tale, well told,” and ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' called it “one of the rare books on wine that transcends the genre.” In 2009, Michael Broadbent who auctioned some of Rodenstock's bottles, sued
Random House Random House is an imprint and publishing group of Penguin Random House. Founded in 1927 by businessmen Bennett Cerf and Donald Klopfer as an imprint of Modern Library, it quickly overtook Modern Library as the parent imprint. Over the foll ...
, the publisher of ''The Billionaire's Vinegar'' for
libel Defamation is a communication that injures a third party's reputation and causes a legally redressable injury. The precise legal definition of defamation varies from country to country. It is not necessarily restricted to making assertions ...
, claiming the book made allegations that he had behaved unprofessionally. In the settlement, Random House apologized for the allegations and issued a statement in court accepting that they were not true. Random House also paid an undisclosed amount of damages to Broadbent and agreed not to distribute the book in the UK. Wallace said, "I have never felt that Mr. Broadbent acted in bad faith, and contrary to his claims, I maintain that ''The Billionaire's Vinegar'' does not suggest that he did." Todd Black,
James Lassiter James Lassiter is an American film producer and talent agent. He served as the manager of American rapper and actor Will Smith before the two co-founded the production company Overbrook Entertainment in 1998. Also Smith's business partner, Lass ...
, Jason Blumenthal, Steve Tisch and
Will Smith Willard Carroll Smith II (born September 25, 1968) is an American actor, rapper, and film producer. Known for his work in both Will Smith filmography, the screen and Will Smith discography, music industries, List of awards and nominations re ...
bought the rights to Wallace's book before it was published in 2008. In 2012, it was reported that they were developing a movie about the book starring
Brad Pitt William Bradley Pitt (born December 18, 1963) is an American actor and film producer. In a Brad Pitt filmography, film career spanning more than thirty years, Pitt has received list of awards and nominations received by Brad Pitt, numerous a ...
, but it was later reported that the movie would star
Matthew McConaughey Matthew David McConaughey ( ; born November 4, 1969) is an American actor. He achieved his breakthrough with a supporting performance in the coming-of-age comedy '' Dazed and Confused'' (1993). After a number of supporting roles, his first su ...
. The film will be distributed by
Sony Pictures Sony Pictures Entertainment Inc. is an American diversified multinational mass media and entertainment studio conglomerate that produces, acquires, and distributes filmed entertainment (theatrical motion pictures, television programs, and rec ...
and the script will be written by Michael Brandt and
Derek Haas Derek Haas (born June 30, 1970) is an American writer and producer. Life and career Derek Haas attended Baylor University in Waco, Texas, where he earned both his Bachelor of Arts, B.A. and Master of Arts, M.A. in English Literature. He lives ...
.


Personal life

On April 26, 2008, he married Jessica Pressler, an editor at ''
New York New York most commonly refers to: * New York (state), a state in the northeastern United States * New York City, the most populous city in the United States, located in the state of New York New York may also refer to: Places United Kingdom * ...
'' magazine at the National Society of the Colonial Dames of America. Sean E. Mullen, an Episcopal priest, officiated the wedding, and Gerard Sloyan, a
Roman Catholic The Catholic Church (), also known as the Roman Catholic Church, is the largest Christian church, with 1.27 to 1.41 billion baptized Catholics worldwide as of 2025. It is among the world's oldest and largest international institut ...
priest, participated in the ceremony. The couple later divorced.


References


External links

* * {{DEFAULTSORT:Wallace, Benjamin Living people 1960s births 21st-century American journalists 21st-century American male writers American magazine journalists Georgetown University College of Arts & Sciences alumni Journalists from Washington, D.C. Vanity Fair (magazine) people