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Château Lafite Rothschild is a wine estate in France, owned by members of the Rothschild family since the 19th century. The name Lafite comes from the Gasconterm "la hite" meaning "small hill". Lafite was one of four wine-producing Châteaux of Bordeaux originally awarded First Growth status in the 1855 Classification, which was based on recent prices. Since then, it has been a consistent producer of one of the world's most expensive red wines.