Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:

3235-0104

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

MATHIS SCOTT L

2. Date of Event Requiring Statement (Month/Day/Year)
07/14/2014

3. Issuer Name and Ticker or Trading Symbol
Algodon Wines & Luxury Development Group, Inc. [VINO]

(Last)

(First)

(Middle)

135 FIFTH AVENUE, FLOOR 10

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
See Remarks

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK, NY 10010

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,713,807	I	See Footnote ⁽¹⁾
Common Stock	73,467	I	See Footnote ⁽²⁾
Common Stock	336,545	D
Series A Preferred Stock ⁽³⁾	231,545	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Options	⁽⁴⁾	02/22/2015	Common Stock	47,132	$ 2.63	D
Stock Options	⁽⁵⁾	04/15/2015	Common Stock	1,713	$ 8.03	D
Stock Options	⁽⁶⁾	04/15/2016	Common Stock	25,000	$ 3.85	D
Stock Options	⁽⁷⁾	04/15/2017	Common Stock	25,000	$ 3.85	D
Stock Options	⁽⁸⁾	04/15/2018	Common Stock	25,000	$ 2.48	D
Stock Options	⁽⁹⁾	07/06/2016	Common Stock	422,500	$ 3.85	D
Stock Options	⁽¹⁰⁾	06/30/2018	Common Stock	1,000,000	$ 2.48	D
Warrant	⁽¹¹⁾	09/30/2014	Common Stock	35,422	$ 3.7	D
Warrant	⁽¹¹⁾	04/03/2015	Common Stock	6,576	$ 1.59	D
Warrant	⁽¹¹⁾	07/27/2015	Common Stock	22,237	$ 1.59	D
Warrant	⁽¹¹⁾	12/31/2017	Series A Preferred Stock ⁽³⁾	18,939	$ 2.3	D
Warrant	⁽¹¹⁾	10/31/2017	Series A Preferred Stock ⁽³⁾	85,518	$ 2.3	D
Warrant	⁽¹¹⁾	03/31/2018	Series A Preferred Stock ⁽³⁾	22,878	$ 2.3	D
Warrant	⁽¹¹⁾	06/30/2018	Series A Preferred Stock ⁽³⁾	2,460	$ 2.3	D
Warrant	⁽¹¹⁾	09/30/2018	Series A Preferred Stock ⁽³⁾	27,561	$ 2.3	D
Warrant	⁽¹¹⁾	12/31/2018	Series A Preferred Stock ⁽³⁾	36,031	$ 2.3	D
Warrant	⁽¹¹⁾	03/31/2019	Series A Preferred Stock ⁽³⁾	59,053	$ 2.3	D
Warrant	⁽¹¹⁾	06/30/2019	Series A Preferred Stock ⁽³⁾	58,834	$ 2.3	D

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
MATHIS SCOTT L 135 FIFTH AVENUE, FLOOR 10 NEW YORK, NY 10010	X	X	See Remarks

Signatures

/s/ Victoria B. Bantz as power of attorney for Scott L. Mathis		08/20/2014
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares held by The WOW Group, LLC, of which Mr. Mathis is a managing member and of which Mr. Mathis is a controlling member.
(2)	Shares held by Mr. Mathis' 401(k) account.
(3)	Upon effectiveness of the Form 10 filed by AWLD on May 14, 2014, all Series A Preferred Stock will convert to Common Stock on a 1:1 basis.
(4)	Options granted pursuant to AWLD's 2008 Equity Incentive Plan on February 22, 2010. All options fully vested as of February 22, 2013.
(5)	Options granted pursuant to AWLD's 2008 Equity Incentive Plan on April 15, 2010. All options fully vested as of April 15, 2011.
(6)	Options granted pursuant to AWLD's 2008 Equity Incentive Plan on April 15, 2011. All options fully vested as of April 15, 2012.
(7)	Options granted pursuant to AWLD's 2008 Equity Incentive Plan on April 15, 2012. All options fully vested as of April 15, 2013.
(8)	Options granted pursuant to AWLD's 2008 Equity Incentive Plan on April 15, 2013. All options fully vested as of April 15, 2014.
(9)	Options granted pursuant to AWLD's 2008 Equity Incentive Plan on July 6, 2011. Options to acquire 105,625 shares vested on July 6, 2012, thereafter options to acquire 26,409 shares vest every three months.
(10)	Options granted pursuant to AWLD's 2008 Equity Incentive Plan on June 30, 2013. All options immediately vested as of June 30, 2013.
(11)	All warrants currently exercisable.
Remarks: Title: President, CEO, Chairman & Director

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.