America’s Cup winner Alan Bond dies

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Published: Friday 5th June 2015 by The News Editor

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Tycoon Alan Bond, who became an Australian hero by bankrolling an historic America’s Cup yacht race victory before going to prison over the nation’s biggest corporate fraud, has died at the age of 77.

Bond’s family said he died today in a hospital in the western city of Perth of complications following heart surgery.

Perhaps Bond’s proudest moment came in 1983 when he headed the Australia II syndicate that won the America’s Cup from the New York Yacht Club that had held it since 1851.

Australia II’s then-revolutionary winged keel ended the longest winning streak in the history of sport.

The London-born former sign writer divided Australians.

Some remember him as a national sporting hero. To others, he will always be an audacious corporate criminal.

Published: Friday 5th June 2015 by The News Editor

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