Lipton, Sir Thomas Johnstone

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.

Bibliography

See his autobiography (1932).