Billionaire Scores $12M Award in Counterfeit Wine Case

William Koch
(photo: forbes.com)

The Koch brothers, those wild and crazy guys who brought you the Romney-Ryan Show, have a sibling who dabbles in exclusive wine. The bro -- William Koch -- recently took a fellow zillionaire to court over wine his fellow one percenter sold to him. Koch sued, claiming the defendant knowingly sold him the wrong stuff. According to a story in today's New York Daily News, the jury bought Koch's side of the story and awarded him $12 million in punitive damages, along with the original $380,000 sale price for the 24 bottles of counterfeit red.

Koch celebrated his legal victory at a French restaurant in New York with three bottles of legit, very expensive vintage wine.