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The Hennessy Cognac Distillery was founded by Irishman Richard Hennessy in 1765 is based Cognac, France. Hennessy is the world's largest cognac producer. During the 1970s, Kilian Hennessy, a fifth generation direct descendent of Hennessy, became the CEO of Hennessy, succeeding his first cousin Maurice-Richard. He then spearheaded the company's 1971 merger with Moët et Chandon, which created Moët Hennessy. Famous for its XO, Hennessy Paradis and recent innovations such as Hennessy Black.