A page was turned in the autumn of 1998 when two old friends, connoisseurs, and lovers of great wine joined forces to acquire this jewel in Saint-Émilion. Bernard Arnault and Baron Albert Frère became the new owners of this famed château. They injected a new dynamic spirit, while respecting the château's history and existing facilities. They also placed their complete trust in the winemaking team to continue their good work. Today, their never-ending quest for perfection calls for enormous attention to detail and precision winemaking that is resolutely turned towards the future. In 2011, Christian de Portzamparc, winner of the Pritzker Architecture Prize, designed a cellar built as a continuation of the château. Reflecting the wishes of Baron Albert Frère and Bernard Arnault, this building is both futuristic and in keeping with the surrounding historic vineyard landscape, which is listed as a UNESCO World Heritage Site. 

Winegrowers have succeeded one another at Cheval Blanc for the past six centuries, in the context of a "wine civilisation" some 2,000 years old.