Aug 4, 2026 – 12.00pmThe Winning family has spent more than $55 million in its bid for America’s Cup glory, a desire which led the founding family to sell a major stake in its high-end appliance retailer and step back from its day-to-day operations.The family, whose fortune was estimated at $860 million by the Financial Review Rich List, join a string of wealthy businessmen including Oracle co-founder Larry Ellison and Italian-Swiss billionaire Ernesto Bertarelli in pouring significant funds into a tilt at the prestigious sailing prize.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Sydney’s wealthy Winnings join billionaires in America’s Cup bid
The family behind the eponymous retail empire has spent $55 million in the hope Australia can win the prestigious sailing prize for the first time since 1983.
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