Lipton’s founder lost the America’s Cup five times, so America gave him a cup.
Thomas Lipton’s five tries at the America’s Cup made his tea famous in America, and he lost every one. In 1930 Will Rogers asked Americans for a dollar each toward a gold Tiffany cup. In its donors’ book New York’s mayor called him possibly the world’s worst yacht builder but absolutely the world’s most cheerful loser.
Lipton on Brandseum