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The Real Costs of Owning a Superyacht [Complete Guide]

The Real Costs of Owning a Superyacht [Complete Guide]

November 25, 2019 1:00 pm

Owning a  superyacht  is a status symbol available only to the world’s wealthiest individuals and corporations. Although there is no strict definition, the Red Ensign Group Yacht Code is applicable to “motor or sailing vessels of 24 meters in load line length and over…and which, at the time, is in commercial use for sport or pleasure and carries no cargo and no more than 12 passengers 1 .” There are currently just over 10,000 superyachts in the world with around 200-250 new builds delivered each year. The vast majority are  motor yachts , with sailing yachts counting for less than 20% of the total. The world’s largest private vessel, Khalifa bin Zayed Al Nahyan’s 180m (590-foot) AZZAM,  cost $600 million to build when it was delivered in 2013. Eight of the ten most expensive luxury acquisitions of all time were superyachts.

cost of running a super yacht

Purchase Cost

Buying a new or used superyacht will most likely cost the buyer several million dollars. Pricing varies widely based on the yacht size, age, and other factors such as builder, guest capacity, speed, range, and more. The market is worldwide and extensive. Any potential buyer would be well-advised to engage a professional, certified broker to guide them in the selection of their dream yacht and through the myriad of complications in making the purchase.

  • • Financing the Purchase
  • • Immediate Post Purchase Costs

cost of running a super yacht

Operating Costs

In years past, owners and their brokers would work on 10% of the purchase price as an estimate of annual operating costs, but the vast range of yacht size, operating location, and usage profile makes this approach less useful without giving the question more thought. Building a budget for a yacht requires consideration of the following elements:

Crew – Salary, payroll taxes, recruitment fees, uniform, health insurance, food, and travel for vacation and repatriation are all crew-related costs. A good guide for salary costs is published by Dockwalk magazine every year based on an extensive survey of the crew and placement agents. Using their most recent article as a guide, a crew of eight full-time crew on a 150-foot yacht will cost over $650,000 per year in salary alone. Get a complete crew cost breakdown.

Dockage – Unless the owner plans to spend the year at anchor, then keeping the yacht in a marina incurs a significant cost. Dockage is normally sold per foot of the yacht’s full length and per night, although contract rates for longer periods may be available. High-quality marinas in peak seasons are currently running in the $6-8 per foot per night range. Electricity, fresh water, and waste removal are all additional costs to be considered.

Fuel – The captain or engineer should be able to provide the fuel consumption per hour at any given speed, so if a yacht owner knows roughly how much he wants the boat to travel, then he can estimate the total fuel consumption and budget the fuel cost. There is also the fuel cost for generators, particularly at anchor. A typical 150-foot motor yacht cruising at 12 knots will consume in the region of 150 U.S. gallons per hour. At today’s fuel prices, that’s going to be close to $500 per hour. 500 hours per year will give us the main engine fuel budget of around $250,000. To this, we must also add the generators’ fuel consumption at anchor plus any additional cost for tenders.

Communications – Everyone onboard, crew and guests, want to remain connected to their social media, streaming services, and email. The technology available in this area moves fast and with 5G coming online, near-shore costs will likely come down. For those who want broadband speed while offshore, costs are high and depend on the upload/download speeds required. Start with an estimate of $4-5,000 per month and work from there. Additional communications costs include satellite TV subscriptions, crew cell phone costs, mail, freight, and more. Get a complete communication cost breakdown.

Maintenance, Consumables, and Other Operating Costs – Having considered crew payroll, marina costs, fuel, and internet, the budget will start to materialize. One must take all other costs into account, such as hull insurance, liability insurance, maintenance and consumables, warehousing, safety and survey costs, upkeep of the navigation outfit, computing support, car rental, and more.   

Looking for more details?

Receive the complete Cost of Yacht Ownership Guide including:

  • • Offsetting Expenses With Charter
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cost of running a super yacht

This should not be considered a financial guide. For a more accurate estimate, contact Clive McCartney .

1 Red Ensign Group Yacht Code Section A 1.2(1) 

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What does it cost to run a super yacht?

Figures within the super yacht industry are hard to comprehend, below are a selection of expenses you should consider if you are considering buying a yacht.

I always found it hard to grasp what the yachts I worked on were spending on fuel and would often chat to our engineers about the costs involved. As an approximate guide a yacht of about 70 meters in length will consume about 500 litres of diesel fuel an hour (when the engines are running and not necessarily moving anywhere!).

To get the yacht moving you will need to spend approximately £2,000 an hour, to achieve a cruising speed of around 18 knots. Therefore an average overnight cruise of 12 hours could cost about £24,000 (note…this will be significantly higher for the larger yachts).

The next consideration of costs is berthing a yacht and this is certainly no cheap past time. Some of the top ports charge €2,000-€3,000 per night. The top six most expensive ports to berth at are:

  • Capri, Italy
  • Porto Cervo, Italy
  • Porto Fino, Italy
  • Ibiza Magna, Ibiza
  • St Tropez, France
  • Port Hercule, Monaco

The mooring cost is normally based on the yachts size and the popular ports are booked months in advance. A yacht needs to be moored when on standby as well and ports such as Antibes charge up to €2,000 per night - renting a permanent dock here (like some owners do) cost hundreds of thousands!

Then if you are like Roman Abramovich and you build one of the biggest yachts in the world, you are then faced with actually finding a port that can hold the size of your yacht. At one stage it was reported that he was going to pay to have a dock extended, however he eventually found a couple of ports that could actually take such a large sized pleasure vessel.

Next comes the crewing part, some captains salaries alone can exceed €20,000 per month, then add to this some chief engineers which can be on €10,000 per month …and very quickly you are looking at vast funds just to keep the yacht fully crewed. Wage bills of €100,000 are not uncommon on the larger yachts employing some 50 crew.

As well as the crew on-board you also have your shore based crew, managing agents, financial staff etc. which can be added on top of this figure. Along with this comes the costs of providing food, toiletries and all living requirements for the crews on-board; feeding 50 people on a daily basis is no cheap undertaking.

Then comes the servicing costs of these yachts. Lifting the yachts out the water is by no mean feat and to service these technological advanced super structures and engines comes with a hefty price tag. Servicing costs for the larger yachts easily run into millions of pounds.

Super Yacht Toys

Add to all these costs the need for the latest toys and gadgets on board. The best looking, most advanced tenders are frequently custom build and often exceed the £1 million price bracket. Coupled with the essential need for the latest jet skis, helicopters, submarines, diving equipment and numerous other toys to make your yacht complete.

Safety and Security

Attacks from pirates is a growing threat and owners are all too weary of ensuring their prize possession is not held to ransom in foreign waters. Equipment such as lasers that can cause temporary loss of vision cost some €70,000 from SeaLase and demand for their product is reportedly growing.

Another product is the $450,000 "SeaOwl" tracking system, which combines radar and infrared or thermal cameras to detect incoming threats as far as five kilometers away. On top of this are the panic rooms, anti-paparazzi shields and armed security staff.

To cover the running and maintenance costs of a super yacht it is recommended that you allow some 10-12% of the purchase cost, meaning a £50 million pound yacht is likely to cost around £5 million a year to run and maintain. For some of the largest yachts it has been reported that it could be costing their owners over €50 million a year to run and maintain.

It has been reported that the average yacht is used for some three to five weeks, so justifying such a purchase to your accountant as a sound financial investment may prove difficult!

With costs like this it is easy to see why some of these yachts are hired for over £1 million for a week by guest, such a cost in the grand scheme of owning a yacht could bizarrely almost be deemed value for money! Chartering the yacht also provides some income to those owners not using their yacht on a regular basis.

So you can see why owning a super yacht must be one of the ultimate statues that money can buy, because not only owning a vessel will cost many millions to buy but running it will also cost millions.

For more information read Work on a Super Yacht: The Beginners Guide by Ben Proctor

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How Much Does it (Really) Cost to Own a Yacht?

cost of running a super yacht

The true cost to own a yacht is an area of concern for many prospects of yacht ownership. And it should be.

Maintenance costs, exploitation costs, total cost compared to yacht charter, we detail in this article the expenses (especially the hidden ones) you have to consider before buying your first yacht !

We also provide you several solutions to lighten your investment and reduce the cost to own your yacht. 

If you are looking for the price of a yacht charter (rental), please read this article instead .

How much is a yacht?

Before diving into the expenses that comes monthly, yearly or every decades once you own a yacht, let’s answer the elephant in the room: How much is a yacht (alone) in the first place? The short answer is… it depends, of course. But in most cases, the longer the yacht, the higher is her selling price.

Generally speaking, you can expect to find yachts for sale in the following price ranges:

  • Below 50ft (15m): between 500K – 2,500,000 € / USD
  • Between 50-70ft (15-21m): between 2 millions and 6 millions € / USD ( See our 9 catamarans for sale under 6 millions here )
  • Between 70-100ft (20-30m): between 6 millions and 20 millions € / USD
  • Superyachts over 100ft (30m): minimum 10 millions € / USD

You can always find exceptions to the rule and find cheaper or more expensive yachts for sale outside of these price brackets.

A lot of factors come into the selling price of a yacht: supply and demand, brand / model reputation, age and condition of the vessel, urgency or lack of for the sale and so on.

What are the main hidden costs that come with yacht ownership?

You probably already guessed it, the cost of owning a yacht doesn’t stop at its purchase price . In some cases, the price you bought your yacht at can seem like a bargain, but it really isn’t once you start adding all the hidden costs, and many of them come yearly.

Here are the main ones you should be wary of.

cost of running a super yacht

Yacht exploitation and running costs : always calculate them carefully before buying your yacht

It always cost you money to exploit your yacht.

When you are chartering a yacht, a part of these operation costs is included in your APA (Advanced Provisionning Allowance) .

When you own a yacht, these costs still apply , but you will have to pay directly for them.

Among the main operation costs, the most important are usually the following:

  • The fuel: its cost will depend on the type of boat, her fuel consumption, the region, and the distances traveled;
  • The mooring fees which depends on the area but also on the boat size;
  • The crew, if you need it. The cost will depend on the frequency and the crew’s size;
  • The communication fees;
  • The food and beverages supplies;
  • All the expenses related to your leisure activities.

Yachts maintenance: a cost that you should definitely not overlook

cost of running a super yacht

Even outside of its operating period, it still costs you money to own your yacht!

Maintenance of your boat isn’t an option and must be done on an ongoing basis. The price vary depending on the type of yacht you are owning (motor, sail, etc…), the size of the vessel, but also how old she is.

The maintenance costs include :

  • The regular maintenance of certain equipment, like engines, thrusters, sails, rigging, safety equipment, hull(s) (fairing)…;
  • The occasional maintenance operations in case of breakdown or damage;
  • The painting;
  • The cleaning and the specialized maintenance products (for teak, leather, …). 

The costs of maintenance and upkeep will obviously not be the same if you do it yourself or if you call in specialists. But regardless, you should have a budget buffer dedicated to maintenance costs when you plan on buying a yacht, especially if she already had a long sailing life.

The taxes and insurance premiums of a yacht: a cost that most forget

Consider the different taxes (at the purchase and annual) and the yearly yacht insurance that you have to pay. A specialized insurance policy is generally estimated at between 0.8% and 1.2% of the boat’s purchase price per year.

Must Read : Yacht Insurance : The Definitive Owner’s Guide

Yearly harbor fees : a very important hidden cost of yacht ownership

cost of running a super yacht

The port and/or winterization fees are also a big part of yacht ownership costs that you should carefuly estimate.

Depending on your region, you may need to consider “dry-docking” your boat, which involves handling, transport, and storage which can be really expensive. 

If you can leave your yacht in the water all year round, you will need to go for a harbor ring concession.

Depending on the marina and its infrastructure, the region, and your boat’s size, the costs may considerably vary from a few hundred dollars to thousands of dollars a month . However, it is easy to obtain this information from marinas once you have chosen which yacht to purchase.

The depreciation’s price of a yacht

A yacht, like a car, will depreciate . It is difficult to estimate the depreciation, as it depends on economic conditions, exchange rates, price inflation when new, the type of boat, and the shipyard. 

However, it is reasonable to estimate a minimum depreciation of 10% in the first year, then 7% in the following years. From the fifth year on, the depreciation tends to slow down. On the other hand, the operating costs increase.

Summary of the main operating and maintenance costs of owning a yacht

So, to sum up, how much does it cost to own a yacht? It largely depends on your type of yacht and your location.

But in general, owning a yacht will cost you between 10-25% of its value annualy . The longer the yacht, the likelier you are to be at the end of the spectrum.

Here are the reasonable costs you could consider:

  • 10% of its value annually for a 60ft (18m) / 1 million USD yacht and below (=max 100K / year)
  • 20% of its value annually for a 100ft (30m) / 10 millions USD yacht and above (=min 2 millions / year)

These brackets of total costs include everything: usual yacht maintenance, upkeep and operating costs that will be distribued as follow:

  • Communication
  • Maintenance
  • Insurance premiums
  • Harbour fees
  • Cost of depreciation

Are you worried? Do not. Luckily, there are numerous ways to decrease the overall cost of yacht ownership and still enjoy yachting as it should be. Read the next paragraphs to know these valuable tricks.

If you liked this article you will also like : HOW MUCH DOES IT COST TO CHARTER A YACHT?

How to reduce the cost of yacht ownership?

cost of running a super yacht

A yacht keeps on costing money even when not in use, so the best way to make it a more profitable investment is to increase its exploitation.

Renting your own yacht : a good way to reduce the costs of owning a boat

When you are not using the boat, you can earn income by renting it out. The rental price depends on the type and size of the boat, but also its location. While making money from renting is possible, don’t expect to pay back all your expenses. Nevertheless, it will help you in avoiding your yacht becoming a financial burden. 

The easiest way to do this is to hire a professional charter company to help you. If you go for a reputable and experienced company, you will benefit from their expertise and contacts. It will also save you from legal, insurance, and withdrawal issues and avoid red tape.

On the topic : Yacht to Charter : Can It Be Profitable?

Fractional yacht ownership: share the cost of owning a yacht with co-owners

Another solution to own a yacht at lower cost is fractional ownership of a boat , which means that you own a fraction of it. It can be half, a quarter, or even less. For a long time, boaters have been opting for this option of partial ownership with friends or family. These days some companies create formalized fractional ownership arrangements for more guarantees. 

For example, in partnership with the Windward Islands, SAILING RESORT proposes fractional boat ownership on the fabulous trimaran, the LEEN 72’. So you can become a co-owner of the new hybrid-powered multihull which can accommodate up to 10 passengers and 4 crew members. You will enjoy private use of the trimaran (depending on the period) from 6 to 12 weeks during the first 5 years.

This program proposes a profitable commercial operation with 24/7 premium service. It is a tailor-made solution for all those who want to feel like owners of a prestigious yacht for a few days a year while limiting their investment and responsibilities. WI manages the operation of the yacht for you out of your personal use, like the charter’s organization, maintenance, insurance, annual mooring, and all other administrative tasks.

Once you have weighed the pros and cons and have the means to finance both the purchase and the annual costs (maintenance, operation, …) of your yacht, you should go for it! Indeed, if you can evaluate the hidden costs and expenses of owning a boat, the freedom and unforgettable memories are priceless. 

Yacht Charter remains a cheaper alternative than yacht ownership in many cases

cost of running a super yacht

If you can’t enjoy your yacht frequently or are still unsure about whether it’s worth the cost or not to own a yacht, you might consider chartering instead. This will allow you to try out different models , from various shipyards, and see which ones you prefer.

Therefore, the cost of renting a yacht will save you from having to worry about all those hidden costs of owning one. All you have to do is pay for your charter, your cancellation insurance and set your APA during your stay. This way, you only pay money, time, and effort when you use the boat.

What is the (true) cost of chartering the yacht you've seen? 💰⛵

The advertised prices of all charter companies do not include APA, VAT & other variable costs. 

Use our calculator to get a 100% FREE estimate of the REAL total cost of your next yacht charter! ⬇

Read also : SUSTAINABLE YACHTING: HOW IS THE BOAT INDUSTRY BECOMING MORE ECO-FRIENDLY?

cost of running a super yacht

Frequently asked question

For a 60-foot or million-dollar yacht, the cost per year will be about 10% of its value or $100,000 per year.

You should expect to pay about 20% or more of the original price of your boat to run it annually. So, for a $10 million yacht, the cost to operate will be about $2 million per year, including fuel, insurance, dock fees, maintenance and repairs, crew, etc.

A 180-foot superyacht and/or mega yacht costs a minimum of $4.75 million per year to operate and maintain. Kitty McGowan of the US Superyacht Association estimates an annual budget of $1 million for maintenance and repairs, $350,000 for dockage, $240,000 for insurance, $400,000 for fuel, and $1.4 million for the crew. Add another 15-25% of the vessel’s value for V.A.T.

Once you have weighed the pro and cons, if you can afford the purchase and all the hidden annual expenses, have found your dreamed yacht, and have time to enjoy it, you should go for yacht ownership!

It is not the best way to make money, but you can minimize your annual expenses by renting it or opting for fractional boat ownership.

It’s hard to tell. As long as you have the money and enough time to enjoy it, it is worth owning a yacht! Everything cannot be estimated. For example, it will bring you invaluable freedom and happiness.

One of the easiest way to reduce the maintenance cost of a yacht is to fractional yacht ownership. That way, the maintenance expenses are spread among co-owners according to their shares.

It varies greatly depending on the size of the yacht. For a yacht of 60ft (18m), you will likely spend around 10% of its purchase value each year in maintenance and exploitation costs.

Luxury yachts have maintenance and operation costs that are around 10% of their value yearly. So if a yacht value is 2 millions USD, its maintenance and operations costs should be around 200K / year.

Operating a sailboat is usually 20-40% cheaper than the same size motoryacht. Motoryachts tend to be more expensive to operate than sailboats as the fuel consumption can become an important expenditure fast.

A small yacht below 50ft is usually for sale between 500K and 2,5 millions USD / €. A mid-size yacht between 50ft and 100ft is usually for sale between 2-15 millions USD / €. Above 100ft, the selling price is rarely below 10 millions USD / €.

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  • Articles and Guides

How Much Does a Superyacht Cost?

21st apr 2024 by samantha wilson.

Rightboat logo

Superyachts are some of the most astounding machines on the planet. Their innovation and luxury have fascinated us for decades as we’ve watched them grow in length—and cost—by the year. Today, some of the most expensive yachts in the world can measure a staggering 590 feet and cost hundreds of millions of dollars. Yet the purchase price is just the beginning, and you need to have extremely deep pockets to consider owning a superyacht. Here we take a closer look at how much it costs not just to build or buy a superyacht, but to run it, as well as the price of chartering one of these magnificent vessels. 

Superyacht. Photo credit: Arno Senoner

Superyachts are some of the most expensive luxury items on the planet and the largest ones can cost hundreds of millions of dollars. 

The Cost of Buying a Superyacht

There are 5,396 superyachts (classified as over 98 feet in length) gracing our oceans as we speak according to SuperYacht Times reporting in 2022. It’s a surprisingly small number when you consider the vast industry that supports them. Although when we look at the cost of owning a superyacht—the build or purchase price , as well as the annual ownership costs—it perhaps shouldn’t come as quite such a surprise. Superyachts are expensive! In fact, they’re one of the most expensive luxury items in the world, and some of the largest superyachts cost not just millions but hundreds of millions to build. 

The gargantuan Azzam holds the title of the world’s largest superyacht (for now), and at 590 feet long, it is huge. (See our analysis on Superyacht versus Megayacht .) The industry has estimated it cost $600 million to build, a figure that few people in the world can afford. One of those people is Russian billionaire Roman Abramovich, whose 533-foot superyacht Eclipse cost an estimated $700 million to build in 2009. Jeff Bezos' recently completed the 417-foot superyacht Koru for an estimated $500 million.

While the largest superyachts hit headlines with their jaw-dropping sizes and build prices, the term “superyacht” covers a broad spectrum of sizes, from the smallest 80- to 100-foot (30-meter) yachts straight up to 230-foot yachts (70 meters) and on to those in the 330-foot (100 meter) range. According to Triton Charters, a good rough estimate for a small, custom-built superyacht is $1 million for every 3.3 feet in length. That means a custom 100-footer might cost $30 million. The formula is less likely to work for a larger superyacht, however, such as a 330-footer that could easily have a price tag of $275 million. 

When discussing prices it’s important to point out that custom and semi-custom vessels built in a production series hull) superyachts will vary in price accordingly. Many brands such as Princess Yachts or Sunseeker offer a production hull with a range of customizable options, from the layout to the finishings. The specifications chosen may increase the final price 20 percent or more. Even so, a new 130-foot semi-custom superyacht might cost in the region of $12-15 million, less than half what a fully custom yacht would cost due to being built from scratch from the very design upwards. 

Pre-owned superyachts of reasonably large size are likely to sell for prices in the $20 to $30 million range, according to a report by Insure4Boats. Older yachts on the market may fetch prices as low as $1.5 million to $2.5 million for a 15- to 20-year-old 90-foot superyacht. 

Superyachts vary hugely in size

Superyachts vary hugely in size, from 100 feet to the largest at 590 feet in length. 

Cost of Owning a Superyacht

Buying a superyacht is one thing, keeping it running is quite another. Where the industry once used the figure of 10 to 12 percent of the price of the boat in running costs per year, today that figure has risen to closer to 20 percent, according to Insure4Boats. So what goes into the running of a boat and why does it cost so much?

As we’ve seen, the sale prices of used yachts vary widely, from $11 million in the 130- to 160-foot category, $24 million in the 160- to 230-foot category, and perhaps $80 million for yachts of 230 feet or more. The running and maintenance costs of any vessel always need to be taken into account when looking at luxury yachts for sale , but when we’re talking superyachts for sale, the figures rise exponentially. 

  • Fuel: One of the biggest expenses is fuel, as superyachts are thirsty machines. As an example, a 230-foot yacht will use around $2,000 of fuel per hour while underway at 20 knots. A smaller yacht will use much less fuel, so a 150-foot yacht will use around 150 gallons per hour at a rough cost of around $500/hour. Assuming a figure of 500 hours of cruising time a year, that’s a total of $250,000 (excluding all the time spent at anchor with generators running). 
  • Dockage: Dockage costs for the largest superyachts can be extraodinary, and at any size point they will still be one the biggest expenditures. Prices are based on the length of the yacht per night. The more sought-after and prestigious addresses will carry the largest price tags, with $4,000 per night in the high season commonplace according to the Luxury Yacht Group. Towergate Insurance estimates that docking fees for larger boats can run up to $350,000 per year. 
  • Crew Salaries: Depending on the size of the superyacht, a full-time crew is usually required, and the size of that crew goes up with the yacht size, ranging from three or four members to in excess of 70 members. From the captain all the way down, the total sum of crew salaries will add up. A comparatively modest 150-foot superyacht could have an annual crew salary of $800,000 according to Luxury Yacht Group, which is around 45 percent of the total annual running costs. 
  • Maintenance: The upkeep and maintenance of these behemoth yachts is constant and, according to CNN, the annual estimated maintenance costs for Azzam are around $60 million. A much smaller yacht would of course be quite a bit less, but the same yacht maintenance costs need to be factored in. Add to that surveys every few years, which can run into the hundreds of thousands. 
  • Provisions: Whether the boat is being used by the owner or for charter, there will be a significant cost to provisioning, both for high-profile guests and the crew. Food, alcohol, flowers, water sports equipment, and much more will all be of the highest caliber and run into the hundreds of thousands of dollars. Consider that a single jet ski to run off the back of the yacht can cost between $5,000 and $20,000. 
  • Insurance and administration: The insurance on a 150-foot yacht would be around $73,000 annually, according to Luxury Yacht Group, with management and administration costs on top of that. 

Superyachts. Photo credit: Melody Temple

The annual maintenance and running costs of superyachts can run into the millions including crew salaries, fuel, and dockage fees. 

How Much Does it Cost to Charter a Superyacht

If the numbers above have got you reassessing whether superyacht ownership is right for you, then fear not. Chartering a superyacht can be a stress-free way to enjoy the luxury yachting lifestyle with more predictable prices. The cost of chartering a yacht will depend on several factors such as the size and age of the yacht, the destination, the length of the charter, and the level of provisioning required. 

Superyachts usually operate on a pricing structure that is based on the base cost of chartering the yacht including the crew, facilities, and insurance. Other expenses such as fuel costs, food and drinks, special events, and dockage, which will all vary from charter to charter, are charged in advance in what is known as an Advanced Provisioning Allowance (APA).

According to Northrop and Johnson, superyacht charters can cost anywhere from $150,000 per week to over $2 million per week plus expenses. The 278-foot yacht O’ptasia , for example, has charter prices starting at $868,000, while 196-foot Scott Free starts at £395,000 per week.

Buying a Superyacht

If you think purchasing a superyacht might be right for you some day, read our  Top Tips on How to Buy a Superyacht  and our article on  Superyachts 101: All Your Questions Answered . You can get started by browsing for superyachts for sale and megayachts for sale on Rightboat. 

Written By: Samantha Wilson

Samantha Wilson has spent her entire life on and around boats, from tiny sailing dinghies all the way up to superyachts. She writes for many boating and yachting publications, top charter agencies, and some of the largest travel businesses in the industry, combining her knowledge and passion of boating, travel and writing to create topical, useful and engaging content.

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The Staggering Cost of Owning a Superyacht

The new york times pulls together what buying and running a $300 million yacht will set you back..

The yacht Amadea of sanctioned Russian Oligarch Suleiman Kerimov, seized by the Fiji government at the request of the US, arrives at the Honolulu Harbor, Hawaii, June 16, 2022.

Just in time for Labor Day, the New York Times published a detailed accounting of what it takes to not only buy a superyacht, but keep that superyacht filled with the kind of fine art and ridiculous toys that sets your gigantic boat apart from all the other gigantic boats also filled with fine art and ridiculous toys.

Suggested Reading

The Times breaks down all of the costs for a middle-of-the-road $300 million yacht, from locating and paying a broker ($9 million) to the little luxury add- ons. You know, $1.5 million for an onboard disco here, $2 million for a panic room there. At least $3 million for crew salaries. The costs really pile up, until that $300 million pleasure cruiser is cresting costs over $400 million. Then there’s the art, which can cost as much as the whole boat. The most expensive painting ever sold, “Salvador Mundi,” by Leonardo da Vinci, is reportedly displayed on the yacht of Mohammed bin Salman , the crown prince of Saudi Arabia.

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Of course, much of the story is centered around Russian oligarchs and the “difficult” year they’ve had at sea. From the Times :

Fewer eye-popping vessels are departing from the ports of Monaco and Portofino, and recent world events have led to a reckoning with just how many of those boats are linked to unsavory money. After the invasion of Ukraine, more than a dozen yachts owned by people with ties to President Vladimir V. Putin of Russia were seized by European and U.S. authorities. Other such boats have landed in countries like Turkey and the United Arab Emirates, which have a relatively cozy relationship with Russia. (None of the alleged owners replied for comment for this article.) The seized boats range in size from about 130 feet (about three New York City buses) to about 500 feet (13 buses). At the highest end, they can cost on the order of $600 million, which is what Dilbar, by some measures the world’s largest yacht, reportedly sold for. (Dilbar, which is linked to the oligarch Alisher Usmanov , was seized by Germany in April.)

But what’s really the difference between a Russian oligarch’s superyacht and and an American’s? Nothing more than which agency seizes it after an investigation. Our homegrown oligarchs buy just as ridiculously elaborate vessels in order to “...absorb the most excess capital.” Jeff Bezos, the guy who nearly dismantled a major piece of infrastructure to get his yacht from the shipbuilders, eventually makes an appearance way down in the story in a section regarding dinghies ($80,000 and up):

Some of these trailing boats are megayachts themselves, like the estimated $60 million, 246-foot “yacht support vessel” that will follow Jeffrey Bezos’s $500 million, 417-foot schooner. Toys aboard a yacht support vessel might include a McLaren car (which have sold at auction for as much as $20 million), a helicopter ($3 million) or an increasingly de rigueur personal submarine ($2.5 million to $4 million), as well as an assortment of more pedestrian-priced toys like Jet Skis, Seabobs, A.T.V.s and underwater scooters.
And a billionaire who wants to catch tuna and marlin might have a fishing boat floating behind that can cost as much as $20 million.

The Times brings it back around to Russians though, mentioning off hand how oligarch and superyacht trendsetter Roman Abramovich once lost a 371-foot yacht in a poker game . As you take a break from your labors this weekend, maybe grilling up some burgers (or hotdogs, cause inflation) imagine what the life of someone who loses a 371-foot Yacht in a poker game looks like. Someone analogous to these type of folks run your own country and its largest employers. Then, join a union .

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The cost of owning a superyacht in 2024

Written by Chloe - Thursday, April 06, 2023

Superyacht sales  surged  during the COVID-19 pandemic, and there’s no sign of this slowing down as the demand for superyachts is  set to increase  over the next 10 years.   

There are currently  15,000 yachts  worldwide that are large enough to require a professional crew. A clear insight into how much the luxury yacht industry is thriving, despite their eye-watering price.

Given the exclusivity of the superyacht market, there’s limited information available on exactly how much they cost to own. So, we’ve dug into the details for you. Here you’ll find how much it costs to buy and maintain a superyacht in 2024. 

superyacht costs image

Building a superyacht is no mean feat. Stuart Bray, Director of personal yacht brokerage firm  Bray Marine International  talked us through the build process, which is as follows:

  • The exterior and interior designers are selected
  • A shipyard is chosen ahead of the build
  • The hull is always constructed first, followed by the fitting of the engines, running gear, water treatment, A/C, and pumps
  • The superstructure is built and attached to the hull
  • The interior fit-out takes place
  • The exterior is painted
  • Sea trails are carried out
  • The yacht is handed over for warranty work

It sounds simple enough, but building a custom superyacht costs an eye-watering £1.5m per m² on average and takes up to  three to four years .

Many prospective owners choose to purchase a second-hand superyacht, which costs £20m ($24m) on average, according to Rightboat , but the cost increases dramatically if any customisation takes place.

Fitting out a new or used vessel costs around £35m, but this can vary massively depending on size.

superyacht running costs

The overall operating cost of running a superyacht is 20% or more of its original price. So, a vessel costing £1bn will set you back £200m per year after paying for fuel, dockage, crew, maintenance, insurance, etc.

Just under a decade ago, the operating cost was around 10% of a vessel’s original price, demonstrating a huge increase in running costs due to soaring inflation. 

Fuel is one of the biggest superyacht costs starting at £2,000 per hour and over £24,000 per overnight cruise. A 70-metre vessel is estimated to use around 500 litres of fuel per hour.

Annual fuel costs were estimated at around £327,000 ($400,000) back in 2012 but are now estimated to hit £419,000, representing a 25% increase overall.

cost of running a superyacht with crew

Bray of  Bray Marine International  says a 60m yacht will have a 16-person crew, setting the owner back around £1.2m per year based on industry-standard pay rates. Owners of superyachts of 100m and beyond will pay significantly more to staff their vessels.

Bray also states the annual operating costs of a superyacht are as follows—12% for the first four years, 15% for the next three years, and 20% annually from then onwards. 

They must come out of the water every five years for routine maintenance such as painting, underwater work, gear checks, and antifouling. 

This equates to 10-12% of the vessel’s original price, so a superyacht that costs £1bn would require around £1m of maintenance work per year. 

Insurance costs are difficult to pinpoint as many factors determine this, such as value, cruising area and usage, but a superyacht costing £1bn could cost £8m or more to insure. 

Alison Melia, a marine insurance specialist at  Insure4Boats , says that fire, theft, loss of tender, onboard injury, and collisions are the most common claims received from yacht owners. 

most expensive superyacht running costs

Not all superyachts are created equal. While a 60m vessel is enough to impress most people, they are easily surpassed by those purchased by some of the world’s wealthiest individuals.

The longest superyacht on our list is a whopping 183m and comes with a price tag of £300m, just to put their sheer size and annual running costs into perspective.

most expensive marinas for superyachts

Superyacht costs go far beyond the initial build or purchase price, especially when used as a base for luxury holidays or experiences such as the Cannes Film Festival.

A two-week holiday in Marbella could cost you £60,046 in dockage alone, without considering the cost of fuel or refreshments. It’s easy to see how superyacht owners can rack up almost £300,000 in dockage fees per year on average.

superyacht costs

Building & purchase costs: https://braymarineinternational.com/

https://www.rightboat.com/blog/the-real-costs-of-owning-a-superyacht

https://www.burgessyachts.com/en/editorial/how-long-to-design-a-yacht

VAT: https://www.superyachtnews.com/owner/considering-a-superyacht-think-about-vat

Operating cost: https://www.worldwideluxuryyacht.com/blog/real-cost-to-own-a-yacht/

https://www.workonasuperyacht.co.uk/yacht-blog/2015/1/3/what-does-it-cost-to-run-a-super-yacht

https://www.superyachtcontent.com/superyacht-crew-lifestyle/yachts-and-fuel-how-much-do-they-really-consume/

http://www.denisonyachtsales.com/2012/06/the-various-costs-of-owning-a-boat-or-yacht/#sthash.SMvlyv8a.dpuf

Dockage: https://www.investopedia.com/articles/investing/082015/can-i-afford-super-yacht.asp

Crew: https://braymarineinternational.com/

Insurance: https://www.worldwideluxuryyacht.com/blog/real-cost-to-own-a-yacht/

Maintenance: https://www.rightboat.com/blog/the-real-costs-of-owning-a-superyacht

Marinas: https://www.marineinsight.com/boating-yachting/yacht-marinas-in-the-world/

https://www.seesainttropez.com/marinas/

https://www.sail-world.com/Australia/Ranking-The-worlds-15-most-expensive-marinas/-83130?source=google

https://barcheamotore.com/quali-sono-i-porti-piu-cari-del-mediterraneo-lo-svela-unindagine/this/?lang=en#:~:text=With%20a%20berthing%20fee%20of,expensive%20marina%20in%20the%20Mediterranean .

https://www.portofinoyachtmarina.com/en/rates/

https://www.charterworld.com/news/top-10-expensive-marinas

https://www.yachting-pages.com/articles/top-15-elite-superyacht-marinas-worldwide.html

Cannes Film Festival: https://www.cornucopia-events.co.uk/cannesfilmfestival/

https://www.insider.com/inside-expensive-hotel-le-majestic-cannes-film-festival-photos-2021-7

https://www.theguardian.com/news/2022/apr/22/secrecy-sex-and-sun-captain-reveals-life-aboard-superyachts

Please note the information provided on this page should not be taken as advice and has been written as a matter of opinion. For more on insurance cover and policy wording, see our homepage.

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A Reintroduction to the Superyacht Cost Calculator

A Reintroduction to the Superyacht Cost Calculator

In October 2018 Luxury Yacht Group launches the third major revision to our superyacht cost calculator. The newest version has been built using our experience as professional yacht accountants and financial advisors. Our yacht management team has over 100 combined years of experience working with real operating numbers for superyachts. Additionally, we took feedback from hundreds of owners, captains and yachting industry experts who have been among the 15,000 users of the previous versions of this tool to make some major changes.

Some of the big changes:

  • Expanded chart of accounts. Six major categories divided into 20 sub categories and a further 70 detail categories, making for a very detailed report.
  • Advanced option to manually enter specific details and override our defaults, making the report completely customizable.
  • Ability to save multiple budget versions and share your report with colleagues and other interested parties.
  • Reports can be generated in US dollars, euros or pounds sterling.
  • Very quick basic mode with sliders to adjust budget categories within a range of practical numbers.
  • Easy to read graphical design.

Our yacht budget algorithm has been built to give yacht owners a realistic and honest budget projection. We have not created a tool that presents unrealistically low numbers to support our brokerage team. We are in the business of operating yachts to a high standard and the numbers that this tool outputs are realistic to achieve that goal with prudent and sensible decision making.

When using the sliders, we make the following general recommendation for where to position them:

Low – 0 to 25%: Operating at these levels requires very careful planning and prudent decision making. To maintain budget levels in this zone requires compromises from the owner. Owner visits need to be planned well in advance and the captain must be an excellent trainer to bring up crew from lower pay grades to perform well. We generally only recommend a budget in this zone in very special circumstances.

Conservative – 25 to 40%: Yachts operating in this budget level are operated very efficiently. Ownership gives the crew a good amount of notice to plan trips that don't require significant travel between locations. Owner allows for some engineering deficiencies to carry through the cruising season so that they can be repaired efficiently during planned maintenance periods.

Sweet spot – 40 to 65%: Our yacht management team likes operating within this budget area. Owners are still good planners providing at least 21 days' notice before using the yacht, but there is budget available to make urgent repairs should something break during the cruising season. The yacht runs to a high standard and you are hiring great crew.

Generous – 65 to 85%: Standards and flexibility are high. You are operating a busy yacht with occasional last-minute visits. Crew are at the top of their game and delivering to a peak level. Due to heavy work load you may see the need to have extra crew available and possibly rotate some.

Perfection seeking – 85 to 100%: In this zone there are no excuses for the yacht to be anything but perfect at all times, and we would class the yacht as running with unlimited budget.

If you would like a budget expert to discuss your specific yacht and her operating costs, please email [email protected] .

Our price list for our accounting and all services is available on our website at: Price List

A crew agency is a valuable partner in the hiring process

The Crew Hiring Process — A Captain’s Advice

Those familiar with the yachting industry understand that crew turnover is a constant. While the selection and hiring process is often seen as a necessary evil, a standardized hiring process can turn a distasteful task into something much simpler. The increased efficiency of a process can translate into identifying the best candidates faster and with less effort.

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British Virgin Islands Are Open For Yacht Cruising This Winter

British Virgin Islands Are Open For Yacht Cruising This Winter.

Category 5 hurricanes are very rare so when the North East Caribbean saw back to back direct hits from Irma and Maria in September of 2017 it was obvious that the upcoming cruising season was going to be drastically altered. 85% of yachts that had planned to cross the Atlantic remained in the Mediterranean and USA based yachts stayed well away. The question everyone is asking, “With the 2017/18 season a total loss can yachts once again sail the Virgin waters?”

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Can I Afford a Super Yacht?

cost of running a super yacht

They’re the preferred luxury vacation transport of millionaires and billionaires from Bono to Stephen Spielberg to Jay Z, conjuring images of the mega-rich cavorting off some dazzling foreign coastline.

“Super yachting” is officially one of the world’s most extravagant hobbies. And there’s a very good reason for that: It costs a massive amount of money. Luxury yachts are among the most expensive asset purchases. And it’s not just that the initial capital , which can run tens to hundreds of millions of dollars, is high. Yachts also come with tremendous annual running costs that often soar over $1 million.

There is no legal definition of “super yacht.” The term generally applies to yachts that are 75 feet or more in length, have a full-time professional crew, and are enjoyed for pleasure or commercial operation. Of course, no two super yachts are the same, and no two super yacht owners have the same taste or yacht aspirations. So outlay and running costs can vary significantly.

Key Takeaways

  • A super yacht describes a personal boat that is both larger and more extravagant than typical private yachts.
  • These are a luxury item that belongs to those ultra-high-net-worth individuals who can afford them.
  • Up-front purchase prices can be in the several millions of dollars, and then ongoing operating and maintenance costs could run another million dollars or more each year.

Post-purchase, an owner should expect to pay around 20% or more of a yacht’s initial purchase price annually to keep it running. So in theory, a $10 million yacht would set you back $2 million a year in operational costs. Fuel (lots of it), vessel insurance, dockage fees, maintenance and repairs, and crew salaries are typically the heftiest running costs.

Dockage fees can run about $350,000 and administration about $70,000. Maintenance and repairs can be in the millions, as can crew salaries. The upkeep of the 590-foot super yacht Azzam, owned by President Sheikh Khalifa bin Zayed Al Nahyan of the United Arab Emirates, is estimated at $60 million per year, although it does come with two helipads and a missile defense system.

Luxury Yacht Group provides salary guidelines for a standard boat crew. It prices the captain of a 100-to-170-foot vessel with more than five years of experience at anywhere up to $192,000 annually. And you’ve still got to factor in chefs, stewards, deckhands, engineers, and more. Just so new yacht owners don’t get hit with any rude cost surprises, Luxury Yacht Group has developed a handy crew costs calculator and another one for operating costs .

Prices vary from port to port around the world, but parking your boat at the most exclusive marinas in high season can set you back well over $4,000 per night. Berthing spots during prime-time events such as the Monaco Grand Prix can cost up to $85,000 or more for a five-day stay. Superyachts.com provides a global marina map with which to search the world’s marinas and their seasonal mooring fees.

Keep in mind the obligatory “ toys .” No floating playground is complete without resident fun machines like Jet Skis and submersibles, not to mention crucial, state-of-the-art leisure  amenities like an infinity pool cinema or floating beach club. Eclipse, owned by Russian businessman Roman Abramovich, features two helicopter pads, a three-man “leisure” submarine, and two swimming pools—one of which converts into a dance floor.

Several banks and marine lenders will finance the purchase of a super yacht , either via a leasing transaction or via a marine mortgage . And offering your super yacht for charter can fetch attractive returns. However, if you have to cost-rationalize the purchase, perhaps buying one of these vessels isn’t the best way to go. Instead, you could always charter one for the same floating luxury feeling without all of the ownership responsibilities. There are also fractional ownership schemes that share financial responsibility (and super yacht enjoyment) among a party of investors without the full capital outlay.

If you happen to be one of the world’s ultra-high-net-worth individuals (UHNWIs) , a lavish floating playground could be right for you. However, if you’re not in the billionaire ’s club, don’t despair. You can still charter, share in a fractional arrangement... or simply opt for a more affordable yacht—less “super,” that is. Still, there will always be a place for the opulent, and incredibly expensive, among the world's elite.

Luxury Yacht Group. " Superyacht Cost Calculator ."

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Industry Tap. " World’s Largest Superyacht Comes with a Bullet Proof Master Suite & Missile Defense System ."

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How Much Does a Superyacht Cost? (The Surprising Truth)

cost of running a super yacht

Who hasn’t dreamed of owning a superyacht? After all, these vessels are the ultimate symbols of luxury and success, often seen in the hands of the world’s wealthiest individuals.

But what exactly does a superyacht cost? In this article, we’ll uncover the surprising truth behind the prices of these magnificent vessels.

We’ll look at the cost of smaller and larger superyachts, the factors that can affect the prices, the most expensive superyacht ever built, and how to get the most for your money.

So, if you’ve ever wondered how much a superyacht costs, read on!

Table of Contents

Short Answer

The cost of a superyacht can vary greatly depending on the size, amenities, and features the yacht includes.

Generally, a superyacht can cost anywhere from a few million dollars to over $100 million.

The cost of the yacht can also depend on the type of materials used and the level of customization.

For example, a superyacht with a helipad, multiple decks, and luxurious furnishings can cost significantly more than a basic superyacht.

What Is a Superyacht?

A superyacht is a luxurious, multi-story, multi-million dollar vessel, typically used for leisure and pleasure-seeking.

They are often custom-made to meet a buyer’s exact specifications, and can feature a variety of amenities, from helipads to private spas and cinemas.

They are usually powered by multiple diesel engines, and can have a top speed of over 20 knots.

Superyachts are owned by some of the world’s wealthiest individuals, and are often used for luxury cruises, parties, or even business meetings.

The cost of a superyacht can vary greatly depending on its size, amenities, and other features.

Smaller superyachts can range in price from a few million dollars up to tens of millions.

Larger vessels, meanwhile, can cost hundreds of millions of dollars.

The most expensive superyacht ever built, the History Supreme, sold for a staggering $4.5 billion.

Ultimately, the cost of a superyacht is determined by its buyer’s individual preferences and budget.

Smaller Superyacht Prices

cost of running a super yacht

When it comes to the cost of a superyacht, it is important to consider the size of the vessel.

Smaller superyachts, such as those measuring up to 50 meters, can range in price from a few million dollars to tens of millions of dollars.

These vessels are usually built with luxury in mind, featuring features like multiple decks, salons, bedrooms, bathrooms, and other amenities.

Many also come equipped with a variety of recreational features such as swimming pools, spas, and sports facilities.

Because of their smaller size, these superyachts are typically less expensive to maintain and operate than larger vessels.

They are also easier to transport and maneuver.

However, they don’t offer the same level of luxury and amenities as larger superyachts.

The cost of a smaller superyacht will also depend on its age, condition, and the features it includes.

For instance, newer models may come with more modern features and amenities, such as satellite TV and Wi-Fi, which can add to the overall cost.

Similarly, superyachts with higher-end materials, such as marble or teak, will also cost more.

In addition to the purchase price, buyers should also consider the cost of maintenance, repairs, and upgrades.

Smaller superyachts may require more frequent maintenance, as well as additional costs for fuel and staffing.

For those looking to purchase a smaller superyacht, it is important to factor in these additional costs when deciding on a budget.

Larger Superyacht Prices

When it comes to superyachts, size really does matter.

While smaller superyachts can range in price from a few million dollars up to tens of millions, larger vessels can cost hundreds of millions of dollars and even more.

In fact, the most expensive superyacht ever built, the History Supreme, sold for an astonishing $4.5 billion!

The cost of a larger superyacht is determined by the size of the vessel, the number of amenities and features it offers, and the quality of the materials used in its construction.

The more luxurious the vessel, the higher the price tag.

For example, a well-appointed, 320-foot superyacht with all the bells and whistles can easily cost in the hundreds of millions of dollars.

In addition to the cost of the vessel itself, there are also ongoing operational costs associated with owning a superyacht.

These can add up quickly and include fuel, maintenance, crew salaries, insurance, dockage, and more.

However, these costs can vary greatly depending on the size and type of vessel, as well as the number of amenities and features it offers.

When it comes to superyachts, the sky truly is the limit.

Whether youre looking for a smaller vessel or a multi-million dollar mega-yacht, the cost will ultimately be determined by your individual preferences and budget.

Factors That Affect Superyacht Prices

cost of running a super yacht

When it comes to the cost of a superyacht, there are several factors that can affect the final price.

The size of the vessel is one of the primary considerations, as larger yachts typically cost more than smaller ones.

The amenities and features of the yacht can also influence the final cost.

For instance, a yacht with extensive customizations (such as a Jacuzzi or helipad) or high-end materials (such as carbon fiber or mahogany) may cost more than a standard yacht.

Additionally, the cost of maintenance and upkeep should be taken into account, as these can quickly add up over time.

Finally, the buyer’s individual preferences and budget will play a significant role in determining the total cost of the superyacht.

The Most Expensive Superyacht Ever Built

The most expensive superyacht ever built is the History Supreme, a 100-foot-long vessel that sold for a staggering $4.5 billion.

The luxurious yacht was commissioned by Robert Kuok, a Malaysian tycoon, and it took three years to build.

The exterior of the superyacht is made from solid gold and platinum, while the interior is adorned with a wide range of luxury features, including a statue made from genuine Tyrannosaurus Rex bones.

The luxurious amenities also include a master suite with a Jacuzzi, a wine cellar, and a helipad.

The History Supreme is a truly remarkable vessel and it is the epitome of opulence and excess.

It is an excellent example of how much a superyacht can cost when a buyer has a virtually unlimited budget.

Superyacht Amenities and Features

cost of running a super yacht

The cost of a superyacht is determined by the size, amenities, and features the buyer chooses.

Superyachts come with a variety of amenities and features that can add to the cost, such as luxurious interiors, multiple decks, state-of-the-art technology, and more.

Luxury interiors may include marble floors, custom-made furniture, and high-end appliances.

The number of decks can range from two to seven, with each deck offering different activities and amenities.

Superyachts can also come equipped with spas, fitness centers, hot tubs, swimming pools, movie theaters, and private areas for entertaining.

State-of-the-art technology can include advanced navigation systems, satellite communications, and high-end audio and visual systems.

The features and amenities of a superyacht will add to the overall cost and can range from a few million dollars to hundreds of millions of dollars.

How to Get the Most for Your Money

If youre looking to purchase a superyacht, youll want to make sure you get the most bang for your buck.

While the cost of a superyacht can vary greatly, there are certain factors that can help you get the most for your money.

First and foremost, its important to consider the size of the yacht.

The larger the vessel, the more expensive it will be.

However, if youre looking for something luxurious and comfortable, then a larger yacht may be worth the investment.

Additionally, if youre looking to entertain guests, a larger yacht can provide more space for them.

Amenities and features are also an important factor when it comes to determining the cost of a superyacht.

If youre looking for something that has all the bells and whistles, then you can expect to pay more.

This includes things like a helipad, swimming pool, Jacuzzi, and other luxuries.

Additionally, you may want to consider the number of crewmembers youll need.

The more crewmembers you have, the more expensive the yacht will be.

Finally, its important to consider the cost of maintenance and upkeep when determining the cost of a superyacht.

Superyachts require a lot of maintenance and upkeep, and the cost of these services can add up quickly.

If youre looking to get the most for your money, it may be best to purchase a yacht that is easy to maintain.

Ultimately, the cost of a superyacht varies greatly depending on its size, amenities, and other features.

By considering the size, amenities, and maintenance costs of a superyacht, youll be able to get the most for your money.

Final Thoughts

Whether youre looking for a smaller superyacht or something larger, understanding the various factors at play can help you get the most for your money.

From extra amenities to the latest features, luxury superyachts can provide a one-of-a-kind experience.

So if youre ready to explore the world in style, start exploring the cost of your dream superyacht today!

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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cost of running a super yacht

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Revealed: The true cost of running a $3 million superyacht

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Everyone loves the idea of owning a superyacht but what does it actually cost to run one? The owners of a Sunseeker 105 charter yacht reveal all...

Have you ever heard the saying, “If you need to ask the cost, you can’t afford it”? Trite as it may sound, there is a grain of truth in it, especially when it comes to buying and running a superyacht.

But there are ways of offsetting the costs, which is exactly why the owners of Kefi , a 2004 Sunseeker 105 based in Florida, ended up buying a pre-owned superyacht rather than their original idea of buying a brand new 60ft sportscruiser .

By chartering out Kefi during the weeks they weren’t using it themselves, they hoped to offset the costs of running such a big vessel while enjoying the benefits of a much more palatial crewed yacht when they were able to use it.

We covered their original buying journey in the October 2022 issue of Custom Yachting. Now they have owned Kefi for over a year, they have agreed to share what it actually cost them to run and how much revenue it earns in charter fees to see whether the sums add up.

cost of running a super yacht

Captain and crew are integral to Kefi’s success as a charter operation. Photo: Elliott Maurice and Kefi Charters

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The rather scary-looking answer to the first question is just over $1.1 million per annum, but that includes all the costs of running a charter boat – a privately run boat would cost a fair bit less.

The answer to the second question is rather more complicated because their goal was to end up with a profitable charter business with personal use costs the same as if they were running a brand new 60ft sportscruiser privately.

To go through the numbers and show me all the work they have done to make it a successful charter business, Scott, one of the co-owners, invited me to experience a short cruise aboard Kefi from the Bahamas to the Exumas and back.

cost of running a super yacht

Moving between the Bahamas and Rhode Island helps extend the charter season. Photo: Elliott Maurice and Kefi Charters

Crunching the numbers

A 40-minute flight from Fort Lauderdale to Nassau provided an excellent opportunity to discuss the past year with Scott. Having owned several boats over the past three decades, including a 44ft flybridge that he still keeps for his own private use on Lake Erie, Scott is no stranger to the costs of running a boat but even he was surprised at the step up.

“It has been a learning curve,” admits Scott. “This is a whole different level financially. The costs are exponential compared to an owner-run smaller boat but we did go into it with our eyes wide open. It is a business with lifestyle implications, not a lifestyle with business implications. We didn’t want to be the alcoholic who buys a bar and drinks all the profits with his friends”.

Even so, ensuring the business model works is no easy task and a key part of that is finding the right people to run it. They tried four different captains and made several changes of crew before settling on the perfect team.

cost of running a super yacht

A wide array of tenders and toys keeps guests happy. Photo: Elliott Maurice and Kefi Charters

One prime example is Kefi ’s liveaboard engineer, who saved nearly $200,000 in engine rebuild work alone. He’s not the only one, when we arrive at the yacht, Captain Richard Perez, his three crew and the chef, all dressed immaculately in the yacht’s formal uniform immediately make us feel at home.

Like any business, the best investment is in the quality of its people.

Scott and his co-owner only have time to use the yacht four weeks each per year, which leaves a maximum 44 weeks free for charter. However, eight weeks of those are given over to annual maintenance and refit work, and at least as many are lost to transit and turnaround times between charters.

In their first full year Kefi was chartered for 18 weeks, and a realistic goal for the future would be between 20-25 weeks. To reach that level, Scott knew Kefi needed to stand out in a crowded market so his first priority was to bring her up to the standard of a brand new boat.

Article continues below…

When they purchased her in 2022 she was already 18 years old so a number of the systems desperately needed updating, along with many of the fixtures and fittings.

This was all factored into their original purchase and refit budget of around $3 million. A year down the line, she looks fantastic. With her clipper bow, sharp raked glasshouse and swooping lines, Kefi is classic Sunseeker through and through. In fact, at the time of our visit she was still only halfway through a two-year $600,000 refit plan.

Stepping onboard, Scott points out the freshly restored teak on the bathing platform. Progressing through the saloon doors reveals an entirely new composite wood sole in a light maple colour. The original solid walnut floor had bowed over time and looked rather dark and dated. Some of the woodwork at the rear of the saloon and wheelhouse had also faded and clouded due to sun damage and has now been replaced or re-veneered. Now it all looks, feels and smells like new.

Moving up to the wheelhouse, a very businesslike and modern glass bridge helm now takes pride of place. “We updated the entire navigation suite,” explains Captain Dan. “Only the NAVTEX weather warning system is legacy”.

cost of running a super yacht

An appealing cruising itinerary is almost as vital as a well presented boat. Photo: Elliott Maurice and Kefi Charters

It’s the same story up on the flybridge. The navigation gear is all brand new and the original flybridge teak decking has been replaced with artificial teak to better withstand the humidity and sunlight of the tropics. All the lighting has also been replaced with LEDs to reduce the load and bulb replacement costs – there are more than 150 downlights alone.

Moving down to the accommodation deck, Scott explains that the reason they chose the Sunseeker 105 was because it’s a four-stateroom boat with two full-beam guest suites, both of which are almost comparable in size with the owner’s suite on the main deck. “The only notable difference is the jacuzzi bath in the owner’s suite and a slightly better, more elevated view.”

All four cabins have sizable ensuite heads and the port and starboard have two generous single berths with an infill to create a king-size berth. The 105 also has an unusually large crew cabin. “A well accommodated, happy crew is as important as the guests’ comfort on a charter yacht,” explains Scott.

cost of running a super yacht

Photo: Elliott Maurice and Kefi Charters

Location, location, location

Kefi ’s schedule is certainly a busy one. She spends six months chartering in the Bahamas each winter, two months in the yard being fettled, and then four months in Rhode Island over summer.

“This is done for several reasons,” explains Scott. “Firstly, it avoids the hurricane season, reducing the insurance premium from $70,000 to just over $30,000 per year. Also, high season in Rhode Island is June to September and high season in the Bahamas is November to April, so we optimise our charter rate by moving between the two”.

The next part of the equation is maximising the guest experience. “I think of the yacht as a substantial villa, complete with a speed boat, watersports toys and staff so it’s vital to make sure all those elements are first rate.”

cost of running a super yacht

The famous swimming pigs of the Exumas make a popular excursion for charter guests. Photo: Elliott Maurice and Kefi Charters

The yacht’s purchase inventory included a 27ft Sea Hunt tender and two jet skis to which Scott has recently added a pair of new Sea Bobs and charging racks.

The weekly charter rate for all this comes to $65,000 including an agreed fuel allowance but not food, drink, docking fees, local taxes or crew tips. “Most of these costs are met by the charter guests,” explains Captain Richard. “A party wanting to drink vintage Dom Perignon and eat caviar and lobster will require a very different budget to those eating burgers and drinking Bud.”

It’s the same story with the cruising itinerary. “We can usually create an itinerary that perfectly suits the client’s wishes without exceeding the fuel allowance,” assures the Captain.

cost of running a super yacht

Counting the cost of owning a superyacht

During 2022 Kefi was chartered for a total of 18 weeks, bringing in a revenue of $1,170,000. Offsetting this against the annual running costs of $1,149,100 actually resulted in a small profit of $20,900.

If they can increase the number of weeks chartered from 18 to 20 weeks, the sums will look even better. Clearly, this does not account for the capital outlay to buy Kefi or the annual refit costs ($177,000 in 2022 and $174,000 in 2023), but since an annual depreciation allowance as well as the maintenance and upgrade costs can be set against the revenue, this can also prove quite a tax-efficient way of running a boat.

However, Scott is very clear that buying a yacht with charter revenue attached is by no means a foolproof business model. The risks involved are simply too substantial. If the charters drop off or something major goes wrong with the boat, the financial picture would look very different.

So far, though, buying Kefi has worked out well for them, with personal costs restricted only to the time they spend on board. So well in fact that they are now considering upgrading to a bigger yacht.

“We are looking at a 2012 Sunseeker 111. Being a five-cabin yacht, this can demand over $75,000 per week in charter fees,” Scott tells me. So has it all been worth it? “Absolutely. It is the stuff of dreams, creating memories, it’s incredible”.

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How Much Does It Cost To Fill a Superyacht With Fuel?

Sam Kaur

Owning a yacht is a dream for many. However, when it comes to the super-wealthy, yachts tend to increase greatly in size from fairly modest vessels to huge and luxurious superyachts with hefty price tags and running costs. 

The price of filling a superyacht with fuel depends on various factors, such as the vessel’s size and fuel tank capacity. An average 70-meter superyacht utilizing 500 liters of fuel an hour may have fuel costs around $400,000 a year, though these costs will increase significantly for larger vessels.  

cost of running a super yacht

Fuel is a key factor that can’t be overlooked when it comes to the operating costs of a superyacht, though it is certainly not the only cost associated with running these impressive luxury vessels. 

Average fuel costs to fill a superyacht

The amount of fuel required to fill a superyacht will vary depending on the specific yacht. Obviously, the larger a yacht is, in general the more fuel it will require, though onboard services will also make use of fuel so the degree of luxury and services on a superyacht will affect fuel usage too.  

As a working figure, the average 70-meter yacht will use around 500 liters of fuel an hour and this is just to keep the engines running without actually moving the boat. If such a vessel were to achieve cruising speeds of around 18 knots, the fuel cost per hour would be roughly around $2500.

This would equate to around $31,000 for a 12-hour cruising period (such as overnight cruising). However, fuel costs would be much greater for larger vessels. Annual fuel costs for a 71-meter yacht using 500 liters an hour could come in at around $400,000. 

The longest superyacht in the world is the Azzam , which was constructed by the German shipbuilding company Lürssen. The Azzam has an overall length of 180.65 meters and a fuel tank capacity of 1 million liters. 

This amount of fuel is equivalent to filling up almost six Boeing 747 airplanes and will contribute significantly to the running costs of this majestic vessel.

Other running costs to consider 

Fuel is one of the primary costs that potential superyacht owners may think about since the vessel won’t run without it and it regularly needs to be replaced. However, many other costs also need to be considered which are unavoidable when operating a superyacht.

A large part of monthly costs is crew salaries, both for the crew on the vessel as well as the onshore crew. While salaries will vary from one position to the next, a captain’s salary alone can range from $70,000 to $180,000 a year depending on the size of the vessel, not to mention the additional costs associated with the crew such as food and living expenses.

Regular general maintenance will also be required, as well as administrative expenses such as management and insurance costs that need to be considered as well. Further costs include berthing costs, with different ports charging different amounts per night depending on their popularity and the vessel’s size, as well as expenses related to security. 

These costs will obviously vary depending on factors such as how large the superyacht is and how many crew members it has. While one superyacht may utilize 10 crew members, another may utilize 50 crew members. 

In general superyacht owners should budget to pay around 10% of the vessel’s purchase price in annual running costs each year. For a superyacht such as the Azzam which cost around $600 million, that equates to around $60 million a year in operating and maintenance costs to keep the superyacht in tip-top condition.

A luxury price tag for a luxury pleasure

There is no denying that superyachts are luxurious purchases but their exceptionally high purchase costs and operating expenses limit them to the domain of ultra-high net worth individuals. However, many owners won’t spend more than a few weeks in total onboard their vessel each year.

With such high operating costs, it makes sense that a lot of superyachts can be chartered, with prices of around $150,000 a week fairly common, though some command much more than that, even over $1.3 million a week. Chartering a superyacht allows much of its operating costs to be covered, while still allowing the owner to enjoy their vessel at various periods throughout the year.

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The Howorths

The Howorths

Superyacht Running Costs

Running costs

When it comes to enquiring about the running costs involved in keeping and maintaining a superyacht there are two standard answers.  The first is: “If you have to ask, then you cannot afford it.”  The second answer often delivered with an air of social one-upmanship is that: “It costs 10% the cost of the yachts original selling price when new.”

But according to Rupert Connor, CEO at the Luxury Yacht Group both answers are wrong 

So how much do superyachts cost to run?  Connor has the answers in the form of an online yacht running costs calculator. He explains “Our new yacht operating running costs calculator is now on its third major revision.”  He adds “This version took over a year to program and is way more detailed and versatile than those we have issued before.”

Explaining how it works Connor suggests: “We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

The operating costs calculator is tuned for yachts from 24 to 200 metres. Over the years the Luxury Yacht Group have proved operating variables create the largest variances for yachts smaller than 35 metres feet and larger than 75 metres.

Take fuel costs for example. The budget calculator factors in the fuel burn for a range of engine sizes typically those seen installed on yachts by length. Dragging the green “fuel dockage” slider to the right increases the projected fuel burn rate and therefore the budget cost for fuel. The default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Other factors allow for running costs to be calculated that include such variants as keeping a yacht in perfect readiness and reducing costs while the yacht is on the market for sale.  Calculating the costs of shipping yachts across the Atlantic on board Sail on sail off ships versus crossing under the yachts own power are equally laid bare by the calculator 

So where did the 10% of purchase price figure come from?  Rupert Connor says; “We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally, particularly for newer yachts in the US$20-30 million range, but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time.”  It is a well established fact that as yachts get older so their capital value decreases and their maintenance costs increase. “But,” says Connor There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker

So do the numbers work for every yacht?  Sadly no! Sailing yachts for example fall outside the scope of this great tool.  Rupert Conner explains: “We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way.  Similarly crew numbers don’t scale in the same manner that they do for motor yachts.”

The good news is, if they can demonstrate there is sufficient demand, the Luxury Yacht Group may well build a sailing selector switch into a future version of this hugely impressive tool.

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How Much Does It Really Cost To Own & Run A Superyacht?

How Much Does It Really Cost To Own & Run A Superyacht?

Tobias Handke

If you think it’s hard work maintaining your tinny for weekend fishing trips up the river just take a minute to think about the costs involved in owning your own superyacht. Over the past decade, these behemoths of the sea have become the pinnacles of wealth and success for those with only the deepest of pockets.

These luxurious floating mansions are reserved for Russian billionaires, Saudi Princes and Hollywood celebrities, but if you’re lucky enough to win the lotto you might be able to join the upper echelon of society and own your own superyacht also.

The general rule? On average, owners pay 10% of the yacht’s value in up-keep costs per year, not including crew wages.

Initial Cost Of A Superyacht: ~ $10 Million

The cost of a superyacht varies depending on the size and technology it comes with. Chelsea owner Roman Abramovich’s Eclipse is a 533-foot monster that cost the billionaire $500 million, while America business mastermind David Geffen spent a cool $200 million on his 454-foot superyacht.

Registering Your Yacht: ~ $2,500

Just like any normal vehicle you have to register your brand new superyacht. This is a very important first step as choosing the flag and country of origin you want to register your yacht in can give some great benefits, especially when it comes to tax cuts. The Cayman Islands is a favourite amongst the super rich due to its tax breaks and relatively cheap registration fee, especially when compared to the actual cost of the yacht.

Insurance: ~ $353,850

As well as registering your new nautical explorer you’re going to want to make sure it’s insured. As you can imagine, insuring something as expensive as a superyacht isn’t cheap, so expect to fork out a few hundred thousand every year to make sure you’re covered.

Dockage: – $942,000 (Purchase)

cost of running a super yacht

The price varies from port to port across the world, with some docks charging up to six grand a night for casual slots. This 100-foot slot in Antibes is going for a lazy 590,000€ ($942,000) if you’re in the market to buy.

If you want a spot in Port Hercules over Formula 1 weekend, you’ll be looking at $35,000 AUD for a Zone 1 spot from May 20th till May 27th for our yacht size in question, which really isn’t too outrageous.

Fuel: ~ $472,000

If you think everyday fuel prices for your automobile are expensive than you might want to turn away now. Using around 400 litres of fuel an hour, a 100-foot superyacht is going to set you back another half a million to make sure you don’t run out of gas in the middle of the ocean if in use for the majority of the year.

Maintenance & Repairs: ~ $400,000

Like anything mechanical, a superyacht is prone to suffering wear and tear over the years. From routine maintenance to fixing blown motors and electrical equipment, the annual cost can be extravagant but is part and parcel of owning such an expensive toy.

Crew: ~ $876,000

cost of running a super yacht

Unless you’re a trained captain steering your own yacht and making sure the day to day running goes smoothly, you’ll have to employ staff to over see operations. Captains cost roughly $1,400 per year per foot of boat – that’s $156,000 or so to command a mere 100-footer according to Forbes.

Deckhands and stewards are relatively cheap at $40,000 to $70,000 per year which is supplemented with you shouting them accommodation and food, but a good chef will cost you at least $100,000 a year. You’ll also need roughly one deckhand for each guest, and we’re assuming you can comfortably fit 8 amigos. And did we mention an engineer? Because hey, we all know boats break down all the time. That’ll set you back at least another $140,000.

Total: ~ $13 million

If you add up the initial cost of your 100-foot superyacht and your yearly expenses you’re looking at roughly $13 million for the first year, then around $2.1 million every year after to maintain it (assuming you pretty much live aboard and minus the purchase costs of the berth & yacht). So the short answer? A fuckload. Maybe in another life.

RELATED: The 750-foot Project Valkyrie will be the world’s largest superyacht

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How much does it cost to own a yacht?

By Rob Bowman | Posted On Oct 28, 2019 Updated On Apr 16, 2024

Since we opened our doors in 2002, United Yacht Sales has worked with thousands of boaters who hold aspirations of owning a yacht. A yacht can mean different things to different people, especially when discussing the difference between intended use such as fishing, day boating, entertaining, and long-distance cruising. Just as there are many applications for how you plan to use your boat, there are also many boat builders working to design the perfect yacht to meet a specific niche in the marketplace. With nearly 1,000 transactions completed each year, United brokers commonly hear the same questions asked as new boaters begin their research into finding the perfect vessel. The yacht's purchase cost isn't the only expense though and other factors need to be considered.

What does it cost to own a yacht? "The cost of ownership for a 60-foot, $1 million yacht is going to be about 10% of its value, or $100,000 per year if it's over ten years old," said Peter Schmidt , Founder of United Yacht Sales. "You can pretty well estimate that for a later model boat of this size, in the Florida market, your general costs are going to be in that range. This would include things like routine maintenance, repairs, dockage, additional supplies, and the cost of either a professional captain or a yacht manager. If it's a newer boat, the annual costs will be less, however preventative maintenance is still very important."

If you're new to boating and this is your first yacht purchase, it makes sense to discuss these questions with your yacht broker:

  • Where do you plan to keep your yacht?
  • Are you going to run the boat yourself or will you need a captain?

How much does it cost to maintain a yacht?

  • How much does it cost to fuel your yacht?
  • Is buying a yacht a good investment?

The answers to these questions vary with many factors influencing the cost of each. Simply the location of where you plan to keep and use your yacht can raise or lower your monthly spend to keep your boat maintained in the best possible condition.

( Seen below: The below 2009 Viking 50 is an example of a sportfishing boat recently sold for approximately $1 million. Boat prices have continued to increase since 2020 and are just now beginning to stabilize. )

1 million dollar viking

How much does it cost to store a yacht at a marina?

One of the first and most important questions to answer before you buy a yacht revolves around storage. If you own a water-front home with a dock big enough to safely store your yacht, the savings are substantial. However, if you plan on keeping your vessel at a marina, those costs need to be included in your annual budget. United Yacht broker Christopher Cooke  owns his own yacht management company and often helps his clients find a space at a marina. "The cost of keeping your yacht at a marina really varies by location," said Chris. "You are charged per foot, but that cost can change not only depending on what county you're in, but also how many amenities are at the marina."

"In Florida, the marinas in Martin County for example, can be half the cost of Miami-Dade," continued Christopher. "It really all depends on your boating plans, where you live, and how far you're willing to travel to be at your boat."

Sailfish Marina of Stuart is a popular yacht storage facility in Martin county that is the closest marina to the St. Lucie Inlet also with accommodations for a 60-foot and over boat. There is a fuel dock at the marina as well as a tackle shop.  If you purchase a slip for a full year on an annual contract, the cost is $20-$22 per foot of your "Length Overall" . This is important, because while some boats might be called a "60", they may very well be 62 feet in length and cost more. Additionally, if you want electricity, water, and waste removal, it can cost you an extra $175 per month for one 50amp line.

Just 40 miles to the south, in the heart of Palm Beach County, sits Palm Harbor Marina. With over 200 slips, some of which can accommodate a 250-foot superyacht and state-of-the-art Marinetek concrete floating docks, the cost is much higher. Using the same example of a 60-foot cruising yacht, the cost of storage is approximately $5,760 per month, along with a $500 per month utilities fee. "With a place like Palm Harbor Marina, boaters are paying for the amenities and the location," continued Chris. Palm Harbor Marina features a yacht club with a hospitality bar and media center, a complete fitness center, game room, deli, concierge, as well as being right next to the best restaurants and nightlife in Palm Beach.

(Seen below: A yacht is welcomed by the professional staff that includes golf cart service. Photo credit: Palm Harbor Marina website.)

cost of storing a yacht at a marina

"For a yacht that's 60-feet, later model year, and with average usage, you can expect to pay $60,000 per year in preventative maintenance costs ," said Cooke. "And by average use I mean 150-200 hours per year. But that's assuming nothing goes wrong and has to be replaced. Typically you're looking at $4 per foot to have someone dive it, another $4 per foot to have it washed regularly, and then another $1,000 or so to go through and do a full systems check. These costs can definitely vary though depending on the boat and location. Because of inflation with the price of materials and labor, these costs have really gone up over the last 2 years." 

The best advice Christopher has for boat owners of this size is to hire a yacht management company. Yacht Management companies often oversee anywhere from 10 to 50 boats at any one time, Christopher currently has 30. The yacht manager will ensure the boat is clean, all systems checked like transmission and generators, the running gear checked, oil changes are done, and that nothing is starting to fail. Preventative maintenance can save thousands of dollars in the long run of yacht ownership and will end up paying for itself. Many yacht owners have work or other hobbies that take their time away from being able to devote to the proper maintaining of their vessel. The result can be negligence in the upkeep of the boat, causing systems to fail, and end in more costly repair bills. If you're going to spend the money on a nice yacht, a yacht management company is a smart choice.

How much does it cost to insure a yacht?

Joshua Giordano of Global Marine Insurance Agency is no stranger to insuring boats from New York to Florida. In fact, In fact, with over 20 years in the marine industry Joshua offers a unique understanding of marine insurance as it pertains to personal watercraft, boats, and yachts. This knowledge and experience allows him to find the best boat & yacht insurance at the best price.

"We get asked all of the time how much it costs to insure a yacht and the answer is it really depends on where you live and keep the yacht," says Joshua. "For a 60-foot yacht in the Northeast, you're looking at between $6,000 and $8,000 per year for insurance. Come down to Florida and that same boat is going to be $10,000 to $12,000 to insure assuming it's for private use only. If you plan to put your vessel into a yacht charter program in Florida, then costs go up $14,000 per year."

(Seen below: A 62' Azimut Yacht in Florida, if kept at a marina, will likely cost about $10,000 per year in insurance.)

cost to insure a yacht

How much does it cost to fill a yacht with fuel?

Trying to budget your annual expense for fuel can be difficult. Not only do some yachts have larger fuel capacities, but their fuel burn and range can also vary. This also then dependent upon how much you use your boat and how hard you will be running the engines. Cruising at lower rpm's at around an 8-10 knot speed can mean better fuel efficiency with longer running times between trips to get more fuel.

Assuming your 60-foot yacht has a fuel capacity 1,200 gallons and with an average fuel price of $5.50, and it will cost $6,600 to fill up. For new boaters, it's really difficult to gauge how much fuel you might use in a year and only personal experience and time on the water can help narrow down that annual cost.

Fuel costs per location also can change depending on where you are boating. The Waterway Guide offers up-to-date pricing on fuel at major marinas through the United States. For example, diesel fuel in Jacksonville, Florida is currently ranging from $5.40 to $5.90 depending on which marina you stop at. In comparison, stopping for diesel in the Florida Keys will start at $4.90 and could be as high as $5.30 per gallon.

Can you finance a yacht?

Finacing a yacht is very common," says Shana White with OceanPoint Marine Lending. "There are many attractive programs out there that can be tailored to fit the bueyer's needs. The boat loan approval process usually takes between 24 and 48 hours to receive an answer." Things like your income-to-debt ratio, credit score, credit history, and asset verification all go into whether or not a bank will loan you the money for a yacht. A favorable rate for a yacht loan could be 4% in the current market with other possible discounts available. Check out our Boat Loan FAQ's page for more information.

Is owning a yacht a good investment?

Are Yachts Worth Buying?

Why Are Yachts So Expensive?

Can I Sell My Yacht Without A Broker?

What To Know When Buying A Boat

What is the best sport fishing boat?

How Much Should I Pay For A Yacht?

Owning a yacht is an investment in yourself, not a financial one. Boats depreciate in value, they cost money to maintain, and you will almost never sell it for more than what you paid for it. The memories you create with your friends and family on a yacht, however, are worth more than words can describe.  Peter Schmidt talks about why to own a yacht after more than 40 years in the business, "Owning a yacht is a good thing, one of the joys of life. Don't let anyone tell you otherwise. A yacht allows you to make memories you never dreamed possible!" Peter is also a current boat owner and has owned several throughout his life. His kids now own their boats and are teaching Peter's grandchildren the joys of being on the water. "I love boating and my kids love boating. It gets in your blood and gets passed down through the generations. There simply is no greater pastime than owning a boat. Yes, there are some inconveniences along the way with repairs, but the good far outweighs any temporary inconveniences." 

Peter suggests "speaking to a knowledgeable, professional, and experienced yacht broker near you about the costs of yacht ownership. If you don't have a relationship currently with a United Yacht broker, please give our main office a call at (772) 463-3131 and we will connect you with the best broker to service you based on your location and boating needs.

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The World’s Most Expensive Yachts—Including Some That Cost Billions

By Brett Berk

most expensive yachts

Though superyachts are already among the most costly consumer items available, the prices of the most expensive yachts in the world are still astounding. In recent decades, those with money to burn have settled on these floating palaces as an ideal locus for demonstrating their prosperity, and, as such, the global luxury yacht industry is undergoing a golden age. The world’s überwealthy think of their motor yachts as toys, and they’re constantly trying to outdo each other in scale, design, amenities, materials, and sheer profligacy.

Knowing this, what features does it take to own one of the most expensive yachts in existence? And how much do these opulent vessels actually cost? To that end, AD has compiled a list of the five priciest superyachts currently out on the water. As with many things connected to the very wealthy, details are shrouded in secrecy—often intentionally—to shield the assets from taxation or seizure, or to protect privacy.

Below, dive into the five reportedly most expensive yachts in the world.

5. Dubai ($400 million)

Image may contain Transportation Vehicle Yacht and Boat

This 531-foot yacht is reportedly owned by United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai. Though it was originally planned for another Middle Eastern potentate, Prince Jefri Bolkiah of Brunei, he suddenly voided the contract in 2001. With exteriors designed by Andrew Winch and interiors by Platinum Yachts, this German-built Blohm + Voss vessel features several Jacuzzis, a pool inlaid with handmade mosaic tiles that is reportedly large enough to hold 115 people, a circular staircase, a discotheque with an appropriately sized dance floor, squash courts, a movie theater, a dining room for 90 guests (the other 25 presumably have to eat in the pool?), a helipad, and a submarine.

4. Topaz ($527 million)

most expensive yacht

Resembling a stealth bomber, this 483-foot ship is reportedly owned by Russian fertilizer and coal oligarch Andrey Melnichenko. With exteriors by Tim Heywood Design Ltd. and interior designs by Terence Disdale Design, this German-built Lürssen Yacht features a 2,500-square-foot primary bedroom, six guest suites (with moveable walls so they can be transformed into four grand staterooms), glassware and tableware fashioned from French crystal, a helicopter hangar, a 30-foot speedboat tender, and three swimming pools, including one with a glass-bottom dangling menacingly above a disco.

3. Azzam ($600 million)

most expensive yachts

This 590-foot ship is currently thought to be the largest private yacht in the world and one of the fastest, with a top speed of 35 miles per hour. To achieve this immense scale and speed, it required a pair of gas turbines and two stratospherically potent diesel engines, rendering it very difficult to build. It is reportedly owned by a member of the royal family of the UAE, Sheikh Khalifa bin Zayed Al Nahyan. With exteriors by Nauta Yacht and interiors by French decorator Cristophe Leoni, this yacht was also built by Lürssen in Germany. The vessel is set apart by its early 19th-century Empire-style veneered furniture, as well as its state-of-the-art security systems, including a fully bulletproof primary suite and a high-tech missile deterrence capabilities.

2. Eclipse ($1.5 billion)

most expensive yachts

In addition to being the second-costliest, this 533-footer is thought to be the world’s second-largest private yacht. Owned by Russian billionaire Roman Abramovich , the ship was claimed to be located in Turkey and may be impounded as part of the United Kingdom’s sanctions against Russia. Designed by Terry Disdale and built by Blohm + Voss, it features two-dozen guest cabins, two swimming pools, two helipads, and multiple hot tubs. For privacy and security reasons, it hosts a missile detection system, bulletproof windows in the primary bedroom and on the bridge, an anti-paparazzi shield, and, when all of that fails, a mini-submarine that can take a few VIPs 164 feet under the ocean’s surface.

1. History Supreme ($4.8 billion)

History Supreme has never actually been seen in a major port, and rumors suggest that the yacht may not be real and instead just a publicity stunt. Reportedly owned by Malaysia’s richest man, Robert Kuok, and designed by Stuart Hughes in the UK, the yacht is only a paltry 100 feet long. Its worth is said to be derived from its lavish finishes, including a statue constructed from genuine Tyrannosaurus rex bones, a liquor bottle embedded with an 18.5-carat diamond, and a primary bedroom with one wall made from meteorite and another from a 24-karat gold Aquavista Panoramic Wall Aquarium. If you see it somewhere, let us know.

Frequently Asked Questions

How much is Jeff Bezos’s yacht?

Most Expensive Yachts

This is why people like Amazon founder Jeff Bezos work to keep their yachts out of the public eye. Though we are not including Jeff Bezos’s yacht, Koru (Maori for “coil”), in this list because it is a sailing yacht and thus excluded from the realm of these motor yachts, it created controversy in the Netherlands when its presence became known. Jeff Bezos’s abided the $500 million price tag of Oceanco, the Dutch custom yacht builder, to create the 417-foot megayacht. But when the company, at Bezos’s behest, requested that a local bridge be dismantled to make way for its gigantic mast on its journey from the shipyard, public sentiment turned against the cento-billionaire, and Oceano shelved its request. Maybe a port like Monaco would be more accommodating?

Also not on this list is the world’s largest private yacht, reportedly owned by Alisher Usmanov. Though size and cost typically scale in the world of superyachts, this is not always the case (see #1 in this list.) Also, Somnio, the 728-feet dream-monikered yacht liner that tops our list of the world’s largest private yachts , isn’t quite done being constructed. And it is not, like most of the largest superyachts, privately owned by one individual or family—it’s a kind of floating condo, with 39 eight-figure homes available to potential owners solely by invitation.

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How Much Does It Cost to Buy a Boat Versus a Yacht?

  • For a boat to be a yacht, it has to carry certain features, and it's more expensive than other boats.

How Much to Buy a Boat v. a Yacht

Catamaran motor yacht on the ocean at sunny day

Getty Images

While owning a boat can provide a sense of freedom and excitement that no other form of transportation can offer, it's not without costs— they can be more expensive than you anticipate, and not just at purchase.

Key Takeaways

  • The average purchase price of a 20-foot boat is between $10,000 and $60,000.
  • Ongoing maintenance and other costs make boat ownership more expensive than many anticipate.
  • While not necessarily a good investment, boats provide other benefits that make ownership worthwhile for many.  

Getting out on a river, lake or ocean in your very own vessel can be a dream come true.

But while owning a watercraft can provide a sense of freedom and excitement that no other form of transportation can offer, it's not without costs. In fact, boats can be more expensive than you anticipate, and not just at purchase.

Here is the difference between a boat and a yacht, and how each can come with a vast array of associated costs.

What Is the Average Cost of Owning a Boat?

The first cost associated with a boat is the purchase price. Fish and Ski Marine, a Texas-based boat dealership, reported the average purchase price for a new 20-foot boat in 2023 was between $40,000 and $60,000. If you bought the same vessel used, it would be between $10,000 and $20,000.

Boats come with other upfront costs besides the purchase price. Unless you'll be buying with cash, you'll finance the boat purchase .

The typical down payment is between 10% and 30% of the purchase price, and 15% is typical. According to Boat Trader , the average loan interest rate is between 7% and 10%, depending on your credit score, age, the type of boat and the economic climate.

You'll also need to register your boat and pay the sales tax, which may be added to the purchase price.

Fish and Ski Marine reports the annual cost of owning a standard fishing or pleasure boat typically ranges from $3,000 to $7,500 per year. This includes trailers, insurance, storage and marina fees, maintenance, fuel, education and licensing fees, and equipment and accessories.

What Makes a Boat a Yacht

Boats come in a vast number of varieties, from those that don't have motors, like sailboats and catamarans, to those that do, like cruisers, speedboats and yachts. And while all yachts are motorized, for a vessel to be considered one it must have certain characteristics, including:

  • Minimum size . In general, a boat becomes a yacht when it is at least 33 feet long.
  • Recreational purpose . Boats can have a wide variety of functions, such as sailing, fishing and business, but yachts are designed for comfort, entertainment and pleasure . 
  • Luxury features . Yachts usually have spacious staterooms, complete kitchens, several heads (bathrooms) and other living spaces. After that there are countless extras, from pools and hot tubs to multiple dining rooms, bars and even helipads. 
  • Sufficient power . Compared to other types of boats, a yacht's engine should be powerful enough to travel far distances. 

The Bigger the Yacht, the Higher the Cost 

For yachts, size is a major factor in the purchase price. Per Galati Boat Sales data , the average costs in 2023 were:

  • Small (less than 50 feet): $500,000 to $2.5 million
  • Mid (50 to 70 feet): $2 million to $6 million
  • Large (70 to 90 feet): $6 million to $15 million or more
  • Super (90 feet and longer): $10 million and more
  • Mega (165 feet and longer): no average, but $600 million was a current going price 

Jim Burns, yacht broker with Knot 10 Yacht Sales in Granville, Maryland, says there are many factors that go into the cost of yacht ownership.

“Keep a boat in your driveway and it won’t cost much, but if it's in a marina slip, you’re paying for that,” Burns says. “The bigger the boat, the higher that cost will be. Everything is done in feet, and all the marinas vary.”

For example, at the Kona Kai Marina in San Diego, the range is $28 to $60 per foot based on boat length over all (LOA) or slip LOA, whichever is longer. At the Cooper River Marina in South Carolina, long-term dockage is $15.25 per foot.

Boat and Yacht Upkeep Costs

Once you have the vessel, you’ll have to ensure it remains in proper working order. Time spent on the water is a major factor in how much it will cost in maintenance.

“You’re putting a ton of stress on the boat, just from the wear and tear,” says Yosef Shimels, co-founder of Destiny Yachts, a Miami-based private luxury charter company.

“You’re utilizing the AC, the water pump and the generator. Anything can go out at any time. We have to keep reserves for unexpected maintenance costs. I learned that something will go out, and more frequently than I expected,” he adds.

Trish Taylor co-owns Fire Drill Charters, which operates on Lake Michigan, with her husband, and she has a warning.

“There’s a saying that 'BOAT' stands for ‘break out another thousand’ and that’s not just one time, but over and over again,” Taylor says.

“And it’s true. Most people have no idea of the upkeep on boats. Boat ownership is different from owning a car. They simply don’t know what they don’t know,” she says.

Be on the lookout for the cost of regular oil changes, fuel filters, adding necessary technology and storage fees.

To reduce the monthly costs of keeping the boat in a slip (if it’s too long to keep in your driveway), you may consider taking it out of the water and paying for a storage space. Burns says $200 a month is typical, but it ultimately depends on the size of the vessel.

If you can’t find covered storage, you may have to pay to have the boat shrink-wrapped so it’s protected against the elements. That too, can set you back. For example, at Michigan’s Pier 33, wrapping a boat between 34 and 35.11 feet will cost $805.

Are Boats a Good Investment?

“Boats generally lose value after purchase,” Burns says. “If you buy one for $100,000, know that you’ll never sell it for that.”

But what you put into the vessel as well as the type can help keep its value or even increase it.

"We own a 1993 Tiara Yacht we bought eight years ago,” Taylor says.

"Because of the tech and performance upgrades as well as a sought-after style that’s not made anymore, it can go for double what we bought it for. Buyers recognize well-maintained boats that have been upgraded to make the boating experience even better,” she adds.

Is Buying a Used Boat Worth It?

“In most cases a used boat is a phenomenal option,” Burns says. “For a 43-foot yacht you may pay $43,000 because it's 25 years old. To buy a new one it can be millions.”

Do make your purchase through a qualified broker, though.

“Private sales can be risky,” Burns says. “It's like buying a used car from a person online. As a broker we go through a process and handle all the transactions so the buyer gets a legal boat, and in a condition that’s acceptable for their intended use.”

It’s especially important to buy a used boat with the assistance of an expert if you're a first-time boat owner.

“If you don’t, you won’t know what to look for,” Burns says. “What’s underneath the shine? These things can cost tens or hundreds of thousands of dollars. It could be rotted out from moisture, and a fix could cost $30,000."

Pros and Cons of Owning a Boat

In the end, there are many reasons to have a boat or yacht of your own.

“They are pleasure crafts, so it's tough to put a price tag on being with your family, hanging out at a really good marina and having fun,” Burns says.

Shimels says chartering the boat out helps cover costs and provides him with residual income. "It’s also a tax benefit , because I can write off the depreciation,” he says.

As for the disadvantages, they include the unpredictable costs. “We just had an unexpected repair,” Shimels says. “A generator just went out, and it was $10,000.”

Finding the right people to help keep the boat or yacht in good working order isn’t always so easy, either.

“You have to find a good mechanic, someone to do the cleaning,” Shimels says. “There’s a variety of people you have to rely on.”

Finally, not everyone can handle the money and stress of boat ownership, and that’s OK.

“We’ve had customers who sold their boat and simply do multiple charters with us,” Taylor says. “All they do is walk on, fish and pay us. They love it. No cleaning or upkeep anymore for them.”

How Much is a Private Jet? 

Erica Sandberg Nov. 15, 2023

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15 Extraordinary Superyachts Setting Sail In 2024

Posted: March 19, 2024 | Last updated: March 19, 2024

<p>Ready to discover the ultimate in nautical eye candy?</p>  <p>With the largest-ever superyacht poised to grace the high seas – and several other spectacular launches on the horizon – 2024 is tipped to be a truly unforgettable year for fans of floating palaces.</p>  <p><strong>Click or scroll through to jump aboard the most hotly anticipated superyachts scheduled for delivery this year, from state-of-the-art explorers to a record-breaking model that's expected to cost a staggering $600 million. </strong></p>  <p>All dollar amounts in US dollars.</p>

Breathtaking dream boats launching this year

Ready to discover the ultimate in nautical eye candy?

With the largest-ever superyacht poised to grace the high seas – and several other spectacular launches on the horizon – 2024 is tipped to be a truly unforgettable year for fans of floating palaces.

Click or scroll through to jump aboard the most hotly anticipated superyachts scheduled for delivery this year, from state-of-the-art explorers to a record-breaking model that's expected to cost a staggering $600 million. 

All dollar amounts in US dollars.

<p>Ushering in a new generation of high-end eco explorers, this expedition vessel from Damen Yachting in the Netherlands boasts a hybrid propulsion system for zero-emission cruising. For the uninitiated, a hybrid propulsion system uses two or more forms of propulsion, such as a biofuel or diesel engine combined with an electric machine.</p>  <p>As buyers become increasingly aware of environmental concerns, naval architects and yachtbuilders are devising green-leaning vessels that don't compromise on style, luxury, or performance. Damen is among the firms leading the way.</p>

Custom YS 75 Hybrid: Cost unknown

Ushering in a new generation of high-end eco explorers, this expedition vessel from Damen Yachting in the Netherlands boasts a hybrid propulsion system for zero-emission cruising. For the uninitiated, a hybrid propulsion system uses two or more forms of propulsion, such as a biofuel or diesel engine combined with an electric machine.

As buyers become increasingly aware of environmental concerns, naval architects and yachtbuilders are devising green-leaning vessels that don't compromise on style, luxury, or performance. Damen is among the firms leading the way.

<p>Designed by innovative London studio Michael Leach Design and engineered in-house, the 247-foot <em>Custom YS 75 Hybrid</em> has cutting-edge features, including a touch-and-go helipad and a crane for deploying tenders.</p>  <p>It can accommodate 24 crew members and up to 12 guests across six staterooms and boasts plush entertaining areas.</p>  <p>Due to launch early this year, the innovative vessel will also be the first private superyacht equipped with commercial-grade cultivation pods to grow vegetables, further adding to its eco credentials. As for the price tag? Damen is keeping it firmly under wraps...</p>

Designed by innovative London studio Michael Leach Design and engineered in-house, the 247-foot Custom YS 75 Hybrid has cutting-edge features, including a touch-and-go helipad and a crane for deploying tenders.

It can accommodate 24 crew members and up to 12 guests across six staterooms and boasts plush entertaining areas.

Due to launch early this year, the innovative vessel will also be the first private superyacht equipped with commercial-grade cultivation pods to grow vegetables, further adding to its eco credentials. As for the price tag? Damen is keeping it firmly under wraps...

<p>Admiral Yachts, owned by The Italian Sea Group, is delivering two sensational superyachts this year, according to <em>Boat International</em>: the 256-foot <em>Custom 78 a</em>nd 253-foot <em>Blue Marlin</em> (pictured).</p>  <p>Sleek and elegant,<em> Blue Marlin's </em>exterior and interior are both the handiwork of prestigious Dutch studio Sinot Yacht Architecture and Design.</p>  <p>The superyacht accommodates 12 guests in six staterooms and offers them a wealth of amenities, including a 19-foot swimming pool, a private spa, and a helipad. Its more sustainable credentials include a lower-emission diesel-electric propulsion system.</p>

Blue Marlin and Custom 78: Cost unknown

Admiral Yachts, owned by The Italian Sea Group, is delivering two sensational superyachts this year, according to Boat International : the 256-foot Custom 78 a nd 253-foot Blue Marlin (pictured).

Sleek and elegant, Blue Marlin's exterior and interior are both the handiwork of prestigious Dutch studio Sinot Yacht Architecture and Design.

The superyacht accommodates 12 guests in six staterooms and offers them a wealth of amenities, including a 19-foot swimming pool, a private spa, and a helipad. Its more sustainable credentials include a lower-emission diesel-electric propulsion system.

<p>Precious little is known about Admiral's super-secretive <em>Custom 78</em> project, as noted by <em>Boat International</em>.</p>  <p>It's known that the superyacht's exterior has been designed by Igor Lobanov, the Barcelona-based Russian nautical designer who's renowned for his futuristic, mega-streamlined creations. (An example of his work is shown here.)</p>  <p>Admiral has yet to disclose the price of either <em>Custom 78 </em>or <em>Blue Marlin</em>.</p>

Precious little is known about Admiral's super-secretive Custom 78 project, as noted by Boat International .

It's known that the superyacht's exterior has been designed by Igor Lobanov, the Barcelona-based Russian nautical designer who's renowned for his futuristic, mega-streamlined creations. (An example of his work is shown here.)

Admiral has yet to disclose the price of either  Custom 78 or  Blue Marlin .

<p>Türkiye's Turquoise Yachts is getting ready to sign off the 259-foot <em>Project Toro</em>. It's actually running behind schedule and was supposed to be delivered last year.</p>  <p>With the exterior and interiors designed by British studio Harrison Eidsgaard – which is behind some of the world's most luxurious private jets, in addition to its portfolio of yachts – the end result will undoubtedly be a feast for the eyes.</p>

Project Toro: Cost unknown

Türkiye's Turquoise Yachts is getting ready to sign off the 259-foot Project Toro . It's actually running behind schedule and was supposed to be delivered last year.

With the exterior and interiors designed by British studio Harrison Eidsgaard – which is behind some of the world's most luxurious private jets, in addition to its portfolio of yachts – the end result will undoubtedly be a feast for the eyes.

<p><em>Project Toro's</em> neoclassical exterior is a real head-turner, while its interiors – which apparently include "a huge Neptune Lounge," to quote <em>Super Yacht Times</em> – have been described by the design team as "the definition of serenity and calm."</p>  <p>The fully customized beauty, which was sold in 2021 for an undisclosed sum, can comfortably fit 14 guests in its seven staterooms, as well as providing space for 21 crew members. Amenities onboard include a beauty salon, gym, and swimming pool.</p>

Project Toro's neoclassical exterior is a real head-turner, while its interiors – which apparently include "a huge Neptune Lounge," to quote Super Yacht Times – have been described by the design team as "the definition of serenity and calm."

The fully customized beauty, which was sold in 2021 for an undisclosed sum, can comfortably fit 14 guests in its seven staterooms, as well as providing space for 21 crew members. Amenities onboard include a beauty salon, gym, and swimming pool.

<p>Formally known as<em> Silence</em>, <em>Al Reem</em> is getting its finishing touches at the Bilgin shipyard in Türkiye's capital, Istanbul.</p>  <p>Spanning 263 feet, the superyacht showcases Bilgin's signature style – think razor-sharp exterior lines and a super-slender profile – with naval architecture by Turkish studio Unique Yacht Design. It's the third unit of Bilgin's 263 Series and the most advanced of the trio.</p>

Al Reem: Cost unknown

Formally known as  Silence , Al Reem is getting its finishing touches at the Bilgin shipyard in Türkiye's capital, Istanbul.

Spanning 263 feet, the superyacht showcases Bilgin's signature style – think razor-sharp exterior lines and a super-slender profile – with naval architecture by Turkish studio Unique Yacht Design. It's the third unit of Bilgin's 263 Series and the most advanced of the trio.

<p>Silent by name, silent by nature: the superyacht was sold to a mystery owner in 2022 and the selling price hasn't been revealed. But it won't have come cheap, that's for sure.</p>  <p>Dreamed up by London's H2 Yacht Design, the modern interiors of the boat whisper quiet luxury. The eight suites (including three VIP cabins) can collectively accommodate up to 12 guests, and there's space for 18 crew members. <em>Al Reem's</em> amenities are top-notch too, with the beach club, gym, and movie theater just some of the standout features.</p>

Silent by name, silent by nature: the superyacht was sold to a mystery owner in 2022 and the selling price hasn't been revealed. But it won't have come cheap, that's for sure.

Dreamed up by London's H2 Yacht Design, the modern interiors of the boat whisper quiet luxury. The eight suites (including three VIP cabins) can collectively accommodate up to 12 guests, and there's space for 18 crew members. Al Reem's amenities are top-notch too, with the beach club, gym, and movie theater just some of the standout features.

<p>Just weeks after <em>Project Toro</em> was sold in 2021, Turquoise Yachts found a buyer for <em>Project Vento</em>. As is the case with <em>Project Toro</em>, the identity of the owner and the price tag have not been divulged.</p>  <p>At 285 feet long, <em>Project Vento</em> is the largest superyacht ever built by Turquoise, with the company teaming up with long-time collaborator London's H2 Yacht Design to work on the boat's esthetics. The result? A distinctive two-tone white and blue exterior with soft, flowing lines.</p>

Project Vento: Cost unknown

Just weeks after Project Toro was sold in 2021, Turquoise Yachts found a buyer for Project Vento . As is the case with Project Toro , the identity of the owner and the price tag have not been divulged.

At 285 feet long, Project Vento is the largest superyacht ever built by Turquoise, with the company teaming up with long-time collaborator London's H2 Yacht Design to work on the boat's esthetics. The result? A distinctive two-tone white and blue exterior with soft, flowing lines.

<p>The interiors are just as eye-catching, with the superyacht boasting a wealth of features.</p>  <p>For the billionaire who has everything, there's a helipad that can also be used as an outdoor movie theater and basketball court. But the <em>pièce de résistance</em> has to be the incredible 21-foot glass-sided swimming pool on the lowest deck.</p>

The interiors are just as eye-catching, with the superyacht boasting a wealth of features.

For the billionaire who has everything, there's a helipad that can also be used as an outdoor movie theater and basketball court. But the pièce de résistance  has to be the incredible 21-foot glass-sided swimming pool on the lowest deck.

<p>With the venture cloaked in mystery, Feadship hasn't released any renders of <em>Project 1012</em> and has yet to disclose information about the team behind it.</p>  <p>Based on images of the vessel undergoing trials in December 2022, <em>Megayacht News</em> has speculated that it could be traditional in design and may feature a beach club. However, these details won't be confirmed until the superyacht is delivered sometime this year – so watch this space...</p>

Project 1012: Cost unknown

With the venture cloaked in mystery, Feadship hasn't released any renders of Project 1012 and has yet to disclose information about the team behind it.

Based on images of the vessel undergoing trials in December 2022, Megayacht News has speculated that it could be traditional in design and may feature a beach club. However, these details won't be confirmed until the superyacht is delivered sometime this year – so watch this space...

<p><em>Project 1012</em> is another Feadship superyacht that's slated for delivery in 2024.</p>  <p>The shipyard is being particularly secretive about the vessel, with details extremely sketchy. While we know that the superyacht is 300 feet long, further information about the vessel is next to non-existent.</p>

Project 1012 is another Feadship superyacht that's slated for delivery in 2024.

The shipyard is being particularly secretive about the vessel, with details extremely sketchy. While we know that the superyacht is 300 feet long, further information about the vessel is next to non-existent.

<p>Spanning 338 feet, <em>Project JASSJ</em> is the third-largest of the show-stopping superyachts German shipbuilder Lürssen is delivering in 2024.</p>  <p>Sold in 2021 to an anonymous buyer for an undisclosed price, the superyacht features exterior and interior design by RWD Design. American firm Moran Yacht & Ship is overseeing the build.</p>

Project JASSJ: Cost unknown

Spanning 338 feet, Project JASSJ  is the third-largest of the show-stopping superyachts German shipbuilder Lürssen is delivering in 2024.

Sold in 2021 to an anonymous buyer for an undisclosed price, the superyacht features exterior and interior design by RWD Design. American firm Moran Yacht & Ship is overseeing the build.

<p>Fantastically spacious,<em> Project JASSJ </em>can accommodate 22 guests in 11 staterooms.</p>  <p>Lürssen isn't holding back when it comes to amenities, promising an "industry-leading" beach club, as well as a swimming pool, deck Jacuzzi, top-end gym, and elevator, along with a state-of-the-art helipad and side-opening tender garage.</p>

Fantastically spacious, Project JASSJ can accommodate 22 guests in 11 staterooms.

Lürssen isn't holding back when it comes to amenities, promising an "industry-leading" beach club, as well as a swimming pool, deck Jacuzzi, top-end gym, and elevator, along with a state-of-the-art helipad and side-opening tender garage.

<p>Hot on the heels of delivering the 367-foot <em>Renaissance (NB-724)</em>, the largest ever yacht crafted in Spain (and shown here in all its glory), Freire's Galician shipyard is set to complete another whopper:<em> 105 Explorer (NB-729)</em>, which comes in at 344 feet.</p>  <p><em>Renaissance</em> has been described by Burgess Yachts as a "temple of leisure" and "sanctum of tranquillity." But <em>105 Explorer (NB-729) </em>is more about adventure than relaxation...</p>

105 Explorer (NB-729): Cost unknown

Hot on the heels of delivering the 367-foot Renaissance (NB-724) , the largest ever yacht crafted in Spain (and shown here in all its glory), Freire's Galician shipyard is set to complete another whopper:  105 Explorer (NB-729) , which comes in at 344 feet.

Renaissance  has been described by Burgess Yachts as a "temple of leisure" and "sanctum of tranquillity." But 105 Explorer (NB-729) is more about adventure than relaxation...

<p>The superyacht may be kitted out with all the classic creature comforts but, as a roving expedition vessel, the emphasis is on performance rather than amenities.</p>  <p>Reflecting other high-end shipbuilders, Freire has chosen to keep the price of the superyacht a secret in the interest of client confidentiality.</p>

The superyacht may be kitted out with all the classic creature comforts but, as a roving expedition vessel, the emphasis is on performance rather than amenities.

Reflecting other high-end shipbuilders, Freire has chosen to keep the price of the superyacht a secret in the interest of client confidentiality.

<p><em>Ace 21</em> is one of four show-stopping superyachts that Germany's Lürssen is delivering this year.</p>  <p>Extending over 256 feet end to end, the glamorous vessel spans five decks – the superyachts we've covered so far have just four – and has been designed to provide five-star relaxation in the world's most idyllic locations. It can accommodate up to 14 guests and a crew of 24.</p>  <p>Lürssen, which has taken care of the naval architecture, has reportedly designed the superyacht so it can cruise closer to shorelines and dock alongside paradise-style beaches and coves.</p>

Ace 21: Cost $150 million

Ace 21 is one of four show-stopping superyachts that Germany's Lürssen is delivering this year.

Extending over 256 feet end to end, the glamorous vessel spans five decks – the superyachts we've covered so far have just four – and has been designed to provide five-star relaxation in the world's most idyllic locations. It can accommodate up to 14 guests and a crew of 24.

Lürssen, which has taken care of the naval architecture, has reportedly designed the superyacht so it can cruise closer to shorelines and dock alongside paradise-style beaches and coves.

<p><em>Ace 21</em> is all about relaxation – and its designated wellness zone, complete with an extensive spa, beach club, and deck Jacuzzi, combine to make it the perfect place to kick back, millionaire style.</p>  <p><em>SuperYachtFan</em> reports the vessel was ordered by an unnamed individual who's said to be a prominent figure in the yachting world. The site pegs <em>Ace 21</em>'s price tag at $150 million and estimates annual running costs could stretch as high as $15 million.</p>

Ace 21 is all about relaxation – and its designated wellness zone, complete with an extensive spa, beach club, and deck Jacuzzi, combine to make it the perfect place to kick back, millionaire style.

SuperYachtFan reports the vessel was ordered by an unnamed individual who's said to be a prominent figure in the yachting world. The site pegs Ace 21 's price tag at $150 million and estimates annual running costs could stretch as high as $15 million.

<p>On the other hand, the asking price for Feadship's <em>Project 825 </em><em>has</em> been revealed.</p>  <p>Due for delivery later in the year, the 249-foot superyacht is currently available for $186 million via Burgess Yachts.</p>  <p>Newly-built vessels of this size and caliber are usually custom orders, so it's rare for one to come on the market. The yacht is likely to be snapped up by a member of the super-rich elite who doesn't have the patience to wait years for a bespoke job<strong>.</strong></p>

Project 825: Cost $186 million

On the other hand, the asking price for Feadship's Project 825  has been revealed.

Due for delivery later in the year, the 249-foot superyacht is currently available for $186 million via Burgess Yachts.

Newly-built vessels of this size and caliber are usually custom orders, so it's rare for one to come on the market. The yacht is likely to be snapped up by a member of the super-rich elite who doesn't have the patience to wait years for a bespoke job .

<p>The turnkey superyacht, which is getting its finishing touches at the Feadship Royal Van Lent shipyard in the Netherlands, has a slick two-tone exterior by Feadship's De Voogt Naval Architects. Its chic interiors are courtesy of Parisian design house Gilles & Boissier.</p>  <p><em>Project 825</em> has six staterooms with space for 12 guests, who'll have their every whim catered to by 17 crew members. Among its key selling points are an awesome glass-bottomed swimming pool and a private VIP terrace that boasts its own Jacuzzi.</p>  <p>There's also a sauna, deck gym, games room, and touch-and-go helipad, as well as an elevator. </p>

The turnkey superyacht, which is getting its finishing touches at the Feadship Royal Van Lent shipyard in the Netherlands, has a slick two-tone exterior by Feadship's De Voogt Naval Architects. Its chic interiors are courtesy of Parisian design house Gilles & Boissier.

Project 825 has six staterooms with space for 12 guests, who'll have their every whim catered to by 17 crew members. Among its key selling points are an awesome glass-bottomed swimming pool and a private VIP terrace that boasts its own Jacuzzi.

There's also a sauna, deck gym, games room, and touch-and-go helipad, as well as an elevator. 

<p>Feadship is practically churning out superyachts at the moment, with multiple deliveries scheduled this year. <em>Project 712 </em>is among them.</p>  <p>The 272-foot vessel features an exterior design by Feadship's De Voogt Naval Architects. Unlike the aforementioned<em> Project 825</em>, however, the interiors are the work of top Dutch firm Sinot Yacht Architecture & Design, not French studio Gilles & Boissier.</p>

Project 712: Cost $200 million+

Feadship is practically churning out superyachts at the moment, with multiple deliveries scheduled this year. Project 712 is among them.

The 272-foot vessel features an exterior design by Feadship's De Voogt Naval Architects. Unlike the aforementioned Project 825 , however, the interiors are the work of top Dutch firm Sinot Yacht Architecture & Design, not French studio Gilles & Boissier.

<p>Because Feadship is selling <em>Project 825</em>, the price has been revealed – but<em> Project 712</em>'s cost is being kept firmly under wraps. Given its larger dimensions, it's likely to be even more expensive than its sister vessel.</p>  <p>The superyacht has space for up to 10 guests across its five cabins, according to <em>YachtCharterFleet,</em> and comes equipped with a wealth of billionaire-worthy amenities, including a beach club, a gym, and a deck Jacuzzi.</p>

Because Feadship is selling Project 825 , the price has been revealed – but Project 712 's cost is being kept firmly under wraps. Given its larger dimensions, it's likely to be even more expensive than its sister vessel.

The superyacht has space for up to 10 guests across its five cabins, according to YachtCharterFleet,  and comes equipped with a wealth of billionaire-worthy amenities, including a beach club, a gym, and a deck Jacuzzi.

<p>The biggest Feadship superyacht launching this year – not to mention the largest the Dutch company has ever built – is <em>Project 821</em>, which spans 390 feet.</p>  <p>Feadship is being as secretive about this superyacht as it is with <em>Project 1012</em>, with very few details known about it. </p>

Project 821: Cost $200 million+

The biggest Feadship superyacht launching this year – not to mention the largest the Dutch company has ever built – is  Project 821 , which spans 390 feet.

Feadship is being as secretive about this superyacht as it is with Project 1012 , with very few details known about it. 

<p>The exterior design is characterized by soft lines, and there's a capacious beach club to the rear of the superyacht that leads down to a swimming platform... And that's all we know. </p>  <p>Both the buyer and the price of <em>Project 821</em> are being kept hush-hush, though the superyacht is likely to have cost considerably more than the smaller <em>Project 825</em>, which is on the market for $186 million.</p>

The exterior design is characterized by soft lines, and there's a capacious beach club to the rear of the superyacht that leads down to a swimming platform... And that's all we know. 

Both the buyer and the price of  Project 821 are being kept hush-hush, though the superyacht is likely to have cost considerably more than the smaller Project 825 , which is on the market for $186 million.

<p>The second-biggest of Lürssen's four superyachts expected to launch this year,<em> Project Deep Blue</em> may not be delivered to its owner until 2025, according to several expert forecasts.</p>  <p>Details about the project are scant. Even the final length of the superyacht is uncertain, but it's believed to measure at least 427 feet.</p>

Project Deep Blue: Cost $450 million

The second-biggest of Lürssen's four superyachts expected to launch this year, Project Deep Blue may not be delivered to its owner until 2025, according to several expert forecasts.

Details about the project are scant. Even the final length of the superyacht is uncertain, but it's believed to measure at least 427 feet.

<p>No doubt the owner is delighted with the sophisticated exterior design, which bears similarities to Lürssen's <em>Ahpo</em> (now named<em> Lady Jorgia).</em> </p>  <p><em>SuperYachtFan </em>reports <em>Project Deep Blue</em> is expected to accommodate 24 guests and a crew of 45. It estimates the vessel would cost a staggering $450 million, with punishing yearly running costs of $45 million. The website has vaguely identified the owner as an Indian or Chinese billionaire.</p>

No doubt the owner is delighted with the sophisticated exterior design, which bears similarities to Lürssen's Ahpo (now named Lady Jorgia).  

SuperYachtFan reports Project Deep Blue is expected to accommodate 24 guests and a crew of 45. It estimates the vessel would cost a staggering $450 million, with punishing yearly running costs of $45 million. The website has vaguely identified the owner as an Indian or Chinese billionaire.

<p>The biggest of Lürssen's four show-stopping superyachts hitting the water in 2024, <em>Project Luminance</em> spans a whopping 475 feet, making it almost as long as three Olympic-sized swimming pools.</p>  <p>The superyacht was originally slated for completion last year, but the delivery date has since been put back. A masterpiece of nautical design, <em>Project Luminance</em> wows thanks to its exterior by Monaco-based Espen Øino and equally elegant interiors by French studio Zuretti Interior Design.</p>

Project Luminance: Cost $500 million (£392m)

The biggest of Lürssen's four show-stopping superyachts hitting the water in 2024, Project Luminance spans a whopping 475 feet, making it almost as long as three Olympic-sized swimming pools.

The superyacht was originally slated for completion last year, but the delivery date has since been put back. A masterpiece of nautical design, Project Luminance wows thanks to its exterior by Monaco-based Espen Øino and equally elegant interiors by French studio Zuretti Interior Design.

<p><em>Project Luminance</em> is estimated to accommodate as many as 24 guests across 12 opulent staterooms. Amenities are fantastically lavish, with the vessel reportedly boasting two helipads and a massive swimming pool, which comes complete with an adjacent dip pool.</p>  <p>Reported to cost in excess of $500 million,<em> Project Luminance</em> was commissioned by Rinat Akhmetov, the richest person in Ukraine.</p>  <p>A report in<em> The New York Times</em> in 2022 suggested Akhmetov was considering selling the vessel in light of Russia's invasion of his home country. Still, it appears the billionaire might have decided to keep it for now. And who can blame him?</p>

Project Luminance is estimated to accommodate as many as 24 guests across 12 opulent staterooms. Amenities are fantastically lavish, with the vessel reportedly boasting two helipads and a massive swimming pool, which comes complete with an adjacent dip pool.

Reported to cost in excess of $500 million, Project Luminance was commissioned by Rinat Akhmetov, the richest person in Ukraine.

A report in The New York Times in 2022 suggested Akhmetov was considering selling the vessel in light of Russia's invasion of his home country. Still, it appears the billionaire might have decided to keep it for now. And who can blame him?

<p>Putting this year's other launches firmly in the shade, <em>Somnio </em>spans a colossal 728 feet, making it the largest superyacht ever built.</p>  <p>The world's first "yacht-liner," this $600 million floating palace for the mega-rich is billed as "the most exclusive address in the world" and will cruise the planet's iconic yachting destinations, from Monaco to French Polynesia.</p>  <p><em>Somnio </em>features 39 luxe private residences and a wealth of "six-star" amenities, including an enormous resort-style swimming pool, premium spa, opulent movie theater, gourmet restaurants, 10,000-bottle wine cellar, and a library.</p>

Somnio: Cost $600 million (£470m)

Putting this year's other launches firmly in the shade, Somnio spans a colossal 728 feet, making it the largest superyacht ever built.

The world's first "yacht-liner," this $600 million floating palace for the mega-rich is billed as "the most exclusive address in the world" and will cruise the planet's iconic yachting destinations, from Monaco to French Polynesia.

Somnio features 39 luxe private residences and a wealth of "six-star" amenities, including an enormous resort-style swimming pool, premium spa, opulent movie theater, gourmet restaurants, 10,000-bottle wine cellar, and a library.

<p>Nearing completion at Norway's Vard shipyard, the six-deck nautical extravaganza is a collaboration between Somnio, Fincantieri, and Vard, while Tillberg Design of Sweden and the UK's Winch Design have looked after the interior design.</p>  <p>The potential occupants of the 39 apartments are being carefully hand-picked. On offer are units with two to four bedrooms, with the option to fully customize them with the likes of a gym, personal kitchen, library, and more.</p>  <p>Those lucky enough to get a <em>Somnio</em> invite can expect to pay from $22 million to secure a cabin in the elite vessel, with service charges likely to be sky-high too.</p>  <p><strong>Liked this? Click on the Follow button above for more great stories from loveEXPLORING</strong></p>

Nearing completion at Norway's Vard shipyard, the six-deck nautical extravaganza is a collaboration between Somnio, Fincantieri, and Vard, while Tillberg Design of Sweden and the UK's Winch Design have looked after the interior design.

The potential occupants of the 39 apartments are being carefully hand-picked. On offer are units with two to four bedrooms, with the option to fully customize them with the likes of a gym, personal kitchen, library, and more.

Those lucky enough to get a Somnio invite can expect to pay from $22 million to secure a cabin in the elite vessel, with service charges likely to be sky-high too.

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‘Inside Out 2’ Box Office: All the Records Seen, Felt and Heard on Opening Weekend

By Rebecca Rubin

Rebecca Rubin

Senior Film and Media Reporter

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INSIDE OUT 2 - FEELING ENVY – In Disney and Pixar’s “Inside Out 2,” Envy may be small, but she sure knows what she wants. She’s perpetually jealous of everything everyone else has, and she’s not afraid to pine over it. Envy’s wishful thinking and fascination with the newest, coolest thing pulls her attention in all directions and longs for what Riley doesn’t have. Featuring Ayo Edebiri as the voice of Envy, “Inside Out 2” releases only in theaters June 14, 2024. © 2024 Disney/Pixar. All Rights Reserved.

Anxiety to the rescue! Disney and Pixar ‘s “ Inside Out 2 ,” an animated adventure that spotlights apprehension among other emotions, scored the biggest box office debut of the year with $155 million domestically and $295 million globally.

It’s a huge win for theaters (ticket sales have been lagging way behind 2023) and Pixar (which has struggled to restore its box office touch since COVID). Those results far exceeded expectations and notched several opening weekend records in the process.

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The PG-rated “Inside Out 2,” which cost $200 million to produce, arrives nearly 10 years after the original animated adventure. This story revisits the mind of Riley, now a teenager, whose familiar emotions of Joy (Amy Poehler), Sadness (Phyllis Smith) and Anger (Lewis Black) were running the show. As she heads to summer camp, though, a whole bunch of new ones, such as Anxiety (Maya Hawke), Envy (Ayo Edebiri), Embarrassment (Paul Walter Hauser) and Nostalgia (June Squibb), show up and bring some chaotic energy. Critics and audiences were charmed by the sequel, which boasts an “A” CinemaScore and 92% Fresh rating on Rotten Tomatoes. The movie’s positive word of mouth should bode well for its theatrical run.

The first 2015 film became a huge hit with $356 million in North America and $858.8 million globally. Of course, it’s too soon to know how ticket sales for the sequel will stack up against the first — though analysts expect “Inside Out 2” to overtake its predecessor… and then some. It could very well become the first movie of the year to hit $1 billion at the global box office. But let’s not trigger Anxiety by thinking about attaining those future box office benchmarks. For now, here are all the records that were felt, seen and heard in the film’s opening weekend.

  • Biggest opening of the year, overtaking “Dune: Part Two” ($82.5 million) and “Godzilla x Kong: The New Empire” ($80 million)
  • Only release of 2024, and the first since last July’s “Barbie” ($162 million), to launch above $100 million
  • Second-largest animated debut of all time, behind 2018’s Pixar sequel “Incredibles 2” ($182.7 million)
  • Second-biggest start in Pixar history, ahead of 2016’s “Finding Dory” ($135 million) and 2019’s “Toy Story 4” ($120 million) and behind only 2018’s “Incredibles 2”
  • Fourth-best opening for a PG movie after 2019’s “The Lion King” ($191 million), “Incredibles 2” and 2017’s “Beauty and the Beast” ($174 million)

International:

  • Biggest international opening weekend in history at current exchange rates (and second-biggest at actual exchange rates), surpassing Disney’s 2019 adventure “Frozen 2” ($135 million)
  • Second-biggest debut ever in Latin America, behind only Disney’s Marvel epic “Avengers: Endgame”
  • Best start of all time in smaller markets including Colombia, Turkey, and Paraguay — and among the top five in Mexico, Argentina, Chile, Uruguay, Greece and Peru
  • Imax’s fourth-biggest animated opening (excluding China) with $3.5 million
  • Biggest animated opening of all time in like-for-like markets at current exchange rates (which is industry speak for this record comes with an asterisk ). By this metric, though, it powered above the three-day total of “The Super Mario Bros. Movie” (which officially opened over five days)
  • Imax’s fourth-biggest animated debut (excluding China) with $14.5 million

Now dig into a VIP+ subscriber report …

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Brittany mahomes goes festive in red fringe dress at chiefs super bowl ring ceremony with patrick.

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Brittany Mahomes rocked Kansas City Chiefs red to support husband Patrick Mahomes at his team’s Super Bowl 2024 ring ceremony on Thursday.

The Sports Illustrated Swimsuit model , 28, wore an off-the-shoulder Gemy Maalouf gown ($4,775) covered in tinsel-like beaded fringe for the occasion, which was held at the Nelson-Atkins Museum of Art in Kansas City.

She paired the sparkly creation with a matching red satin clutch and added some extra shimmer with a pair of diamond starburst earrings and several diamond bracelets.

Brittany and Patrick Mahomes

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The mom of two wore her blond hair down and curled, and went with a low-key makeup look to let her dramatic dress do the talking.

Patrick, 28, he suited up in a black gemstone-trimmed jacket over a black tee and matching trousers, adding piles of gleaming necklaces to his look.

Brittany shared some photos from the team’s third Super Bowl ring ceremony since 2020 on Instagram , writing “Xthree,” and she also shared plenty of behind-the-scenes videos from the celebration on her Stories.

Brittany and Patrick Mahomes

Her quarterback hubby showed off all three of his blinged-out rings, with the 2024 design covered in rubies and diamonds just like his previous two sparklers.

Patrick also joined teammate Travis Kelce — who wore a bright red corduroy suit — to pose for pics as they tried on their new rocks.

Their ring ceremony follows a busy spring for the Mahomes family, with the Chiefs visiting the White House last month and Brittany making her Sports Illustrated debut in a series of flaming red swimsuits.

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NFL | Kansas lawmakers to debate whether wooing the…

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NFL | Kansas lawmakers to debate whether wooing the Chiefs with a new stadium is worth the cost

cost of running a super yacht

Some economists are dubious that new revenues from “jock taxes” would be significant for Kansas, and a debate over the question emerged ahead of a special session of the Kansas Legislature set to convene Tuesday. Lawmakers expect to consider a plan to authorize state bonds to help the Chiefs and professional baseball’s Kansas City Royals finance new stadiums on the Kansas side of their metropolitan area, which is split by the border with Missouri.

Professional athletes and touring entertainers pay income taxes not only in their home states but also other states where they perform, if those states impose income taxes. For athletes, Kansas taxes a percentage of their income based on how many games they play in the state — so that if a visiting minor-league infielder has 12 of his team’s 120 games each season in Wichita, 10% of their income is taxed.

Economists who’ve studied pro sports teams for decades have concluded that subsidizing their stadiums isn’t worth the cost for their communities. But supporters of bringing the Chiefs and Royals to Kansas believe that skepticism doesn’t properly consider taxes from the large incomes of the best professional players.

“The amount of dollars that come in from the income tax side offset a good portion of some of the things that we’re doing here,” said Kansas state Sen. J.R. Claeys, a Republican from central Kansas who is working on the stadium plan.

Kansas already collects some income taxes from professional athletes, though the state Department of Revenue does not have figures. The state is home to NASCAR’s Kansas Speedway, professional soccer’s Sporting KC and several minor league baseball and hockey teams.

Missouri is home for the Chiefs, the Royals, Major League Baseball’s St. Louis Cardinals and the National Hockey League’s St. Louis Blues, plus two minor-league baseball teams.

Missouri has collected nearly $34 million in income taxes from professional athletes during the current budget year that began July 1, up 9% from the $31 million collected the previous year, according to the state. However, during the current budget year, when the Chiefs won their third Super Bowl in five years, taxes from football players jumped 39% from about $14 million to $19 million.

It’s not clear how much of Missouri’s revenue would come to Kansas if its lawmakers succeed in attracting the Chiefs, the Royals or both.

Geoffrey Propheter, an associate professor of public affairs at the University of Colorado Denver who regularly publishes papers on sports economics, predicted that the figure for the Chiefs would be “trivial,” only a few million dollars, even if they also moved practice facilities to Kansas.

He also said lawmakers should consider additional issues that come with a new stadium, such as traffic congestion, light pollution and how rising property values make housing less affordable to local residents.

“On the Kansas side of the river, they get access to the team without paying the cost,” he said. “That’s a fantastic situation to be in.”

Others’ figures for potential new income tax revenues are millions of dollars higher.

One potential issue is whether Kansas’ rule could withstand a court challenge. Edward Zelinsky, a professor at Yeshiva University’s Cardozo School of Law in New York City, said such rules unfairly over-tax athletes.

A tax law specialist, he’s familiar with how states tax visiting athletes. In the 1990s, Zelinsky challenged a New York rule like Kansas’ because New York taxed all of his income even though he works mostly from home in Connecticut. He lost, but in 2015, the Ohio Supreme Court ruled that visiting athletes must be taxed based on how many total work days they spend in the state — in that case, two out of 157 — instead of the games played there, a larger percentage.

Zelinsky said stadium advocates can argue that being able to tax athletes’ incomes is an advantage, but it doesn’t drive the economics surrounding a venue.

“It’ll be a nice chunk of change, but I wouldn’t use this to control the debate,” Zelinsky said.

Associated Press writer Summer Ballentine in Columbia, Missouri, contributed to this story

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    Using their most recent article as a guide, a crew of eight full-time crew on a 150-foot yacht will cost over $650,000 per year in salary alone. Get a complete crew cost breakdown. ... High-quality marinas in peak seasons are currently running in the $6-8 per foot per night range. Electricity, fresh water, and waste removal are all additional ...

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    Total: ~ $13 million. If you add up the initial cost of your 100-foot superyacht and your yearly expenses you're looking at roughly $13 million for the first year, then around $2.1 million every year after to maintain it (assuming you pretty much live aboard and minus the purchase costs of the berth & yacht). So the short answer? A fuckload.

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    How much does a new build superyacht cost? 26 August 2021 • by Nic Robinson. The average cost of a superyacht has shifted little in 10 years. And as Nic Robinson finds out, some size categories show more consistency than others.

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    The yacht's purchase cost isn't the only expense though and other factors need to be considered. What does it cost to own a yacht? "The cost of ownership for a 60-foot, $1 million yacht is going to be about 10% of its value, or $100,000 per year if it's over ten years old," said Peter Schmidt, Founder of United Yacht Sales.

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  25. The World's Most Expensive Yachts—Including Some That Cost Billions

    This 590-foot ship is currently thought to be the largest private yacht in the world and one of the fastest, with a top speed of 35 miles per hour. To achieve this immense scale and speed, it ...

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    The movie's positive word of mouth should bode well for its theatrical run. The first 2015 film became a huge hit with $356 million in North America and $858.8 million globally.

  29. Brittany Mahomes shines in red fringe dress at Chiefs Super Bowl ring

    Taylor Swift fangirls over Travis Kelce's Super Bowl ring unboxing on IG livestream: 'Joining the party' 'let's gooooo' This story has been shared 15,762 times. 15,762

  30. Kansas lawmakers to debate whether wooing the Chiefs with a new stadium

    However, during the current budget year, when the Chiefs won their third Super Bowl in five years, taxes from football players jumped 39% from about $14 million to $19 million.