Real estate mogul Donald Trump made the winning $6.2 million bid at a foreclosure auction for Virginia's Kluge Estate Winery and Vineyard.
Trump, a contender for the 2012 Republican presidential nomination, purchased the Charlottesville winery at the Thursday auction and said he is likely to have former owner Patricia Kluge, 62, and her husband, former IBM executive William Moses, remain at the property to run the winery, The Washington Post reported Friday.
"She has a great instinct for wine, which I don't," he said.
"I'm really interested in good real estate, not so much in wine," Trump said. "This place had a $28 million mortgage on it, and I bought it for $6.2 million. It's a Trump deal!"
Kluge said she is "thrilled that Donald owns the company" because of his intent to keep the winery running.
"We are committed, and he is committed," she said, "and great things are going to come from the Kluge Estate and for the Virginia wine industry."