Team New Zealand's private benefactors help keep the America's Cup campaign afloat - News Summed Up

Team New Zealand's private benefactors help keep the America's Cup campaign afloat


Over the years they have jointly invested their personal wealth to make sure Team New Zealand stays afloat. AdvertisementFor the past four years Sir Stephen has chaired TNZ's board, a role that has chewed into his time as the campaign has gathered pace. Sir Stephen has been re-investing his Warehouse Group dividends in this company for the past 20 years. De Nora, like Sir Stephen, is private about money and he downplays his financial contribution. But Sir Stephen last week acknowledged de Nora's contribution, saying he had been an "unbelievable support" over the past three campaigns.


Source: New Zealand Herald June 24, 2017 17:03 UTC



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