The winery is in the area Saint-Emilion (Bordeaux) right on the border too Pomerol, The origin goes back to the middle of the 18th century. In 1832 a Monsieur Ducasse bought the estate and renovated the vineyards. His son-in-law Jean Laussac-Fourcaud (later Fourcaud-Laussac) took over the management in 1852. This acquired 15 hectares of vineyards from Château Figeac and some neighboring goods. The current state of the estate dates from 1871. At the world exhibitions in London in 1862, Paris in 1867 and Antwerp in 1885, the red wine won medals on label are shown. The Société Civile du Cheval-Blanc AG was founded in 1927 and the estate remained family-owned until 1998. Pierre Lurton was appointed as leader in 1991. In 1998 the estate was owned by the Belgian Albert Frére and the chairman of the board of the luxury goods group LVMH, Bernard Arnault Bought. The price was not published, but one speaks of at least one billion francs. Then took over in August 2009 LVMH a 50% stake through the purchase of Arnault's shares.
The winery has so far been classified with the highest “Premier Grand Cru Classé A” (some even rank above it) in all classifications up to 2012 and has the same reputation in Saint-Émilion as Château Mouton-Rothschild in the Médoc. The vineyards with 37 hectares are with Cabernet Franc (60%), Merlot (37%), Malbec = Cot (2%) and Cabernet Sauvignon (1%) planted. As a novelty for the area, the red wine is made with a very high proportion of Cabernet Franc. The variety reaches maturity due to the iron-containing gravel and sand soil on clay like nowhere else in Bordeaux. The extremely long-lived wine is aged for 20 months in 100% new barriques. Outstanding vintages with some astronomical prices are 1921, 1947, 1982, 1986, 1989, 1990, 1998 and 1999. A 6 liter bottle ( impériale ) Château Cheval Blanc, born in 1947, was acquired by a private collector from Geneva (Switzerland) for an unbelievable 219,000 euros. He is one of the most expensive wines in the world, In the frosty year 1991 there was no first wine. The second wine is called "Le Petit Cheval".