2017 Top 20 sporting Richest list

9. Grant Dalton (sailing)
$2m

Although Team NZ overlord Grant Dalton is more of an administrator, as he was controversially aboard the team’s AC72 in last year’s America’s Cup he makes the list on a technicality.

Dalton’s salary has been the subject of much debate this year, with some of the big pay cheques collected by Team NZ staff not sitting well with taxpayers, who chipped in $36 million to the syndicate’s last America’s Cup campaign.

The Weekend Herald revealed in June, Dalton was on a base salary of $2 million during the last Cup cycle, although there has been speculation the figure was much higher. With Team NZ not yet operating at full capacity while they wait for key details of the next event to be ironed out, it is understood staff are being paid a percentage of their salaries.

While Dalton earns big dollars, he also brings in big dollars to the Kiwi syndicate. During the last Cup cycle he secured over $100 million in sponsorship, not including government investment of $36 million.

Dalton finds his escape from the petty politics of the America’s Cup world in motorsport, with the former round the world yachtsman heavily involved in motorcycle racing. It is an expensive hobby – he recently splashed out on a $100,000 limited edition 1199 Panigale R.

Dalton’s properties are worth more than $10 million – including a 911sq m home on exclusive Victoria Ave in Remuera. The property features a tennis court and swimming pool and has a 2011 valuation of $7.65 million.

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