Sir Thomas Johnstone Lipton
Lipton, Sir Thomas Johnstone, 1850–1931, Scottish merchant and yachting enthusiast. After spending several years in the United States he returned (1869) to his native Glasgow and opened a small grocery store. A pioneer in the art of publicity, he rapidly expanded his business and was a millionaire at the age of 30. He ran printing and paper works, set up several bacon-curing establishments in Chicago, and in 1889 acquired his own tea plantations in Ceylon (Sri Lanka). He was knighted in 1898 and was created a baronet in 1902. He made five attempts to win the America's Cup yachting trophy. His good sportsmanship endeared him to the American public, which gave him a gold cup after his last defeat in 1930.
See his autobiography (1932).
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