The fight between two billionares over fake vintage wines begins in N.Y. court.
Billionaire William Koch is suing Eric Greenberg, owner of Imperial Cellers, over $320,000 of vintage wine purchased through Zachys Wine Auctions in 2005.
Lawyers begane arguments before a federal jury Wednesday in New York City.
Koch is seeking compensation for 24 fake bottles of wine purported to be from as far back as 1865.
A Florida energy maven, Koch is the the 329 billionaire on Forbes list of billionairs with an estimated net worth of $4 billion. He is also seeking unspecified additional damages.
Greenberg, a onetime billionaire, built two internet companies before the 2000 collapse of those stocks damaged his net worth.
A combative Greenberg testified Wednesday that he did not intentionally sell fake wine. Greenberg is slated to resume testimony Thursday.
The Associated Press contributed to this report.
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