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Who Owns Which Superyacht? (A Complete Guide)

Have you ever wondered who owns the most luxurious, extravagant, and expensive superyachts? Or how much these lavish vessels are worth? In this complete guide, we’ll explore who owns these magnificent vessels, what amenities they hold, and the cost of these incredible yachts.

We’ll also take a look at some of the most expensive superyachts in the world and the notable people behind them.

Get ready to explore the world of superyachts and the people who own them!

Table of Contents

Short Answer

The ownership of superyachts is generally private, so the exact answer to who owns which superyacht is not always publicly available.

However, there are some notable superyacht owners that are known.

For example, Larry Ellison, the co-founder of Oracle, owns the Rising Sun, which is the 11th largest superyacht in the world.

Other notable owners include Russian billionaire Roman Abramovich and Microsoft co-founder Paul Allen.

Overview of Superyachts

The term superyacht refers to a large, expensive recreational boat that is typically owned by the worlds wealthy elite.

These vessels are designed for luxury cruising and typically range in size from 24 meters to over 150 meters, with some even larger.

Superyachts usually feature extensive amenities and creature comforts, such as swimming pools, outdoor bars, movie theaters, helipads, and spas.

Superyachts can range in price from $30 million to an astonishingly high $400 million.

Like most luxury items, the ownership of a superyacht is a status symbol for those who can afford it.

The list of superyacht owners reads like a whos who of billionaires, with names like Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

The most expensive superyacht in the world is owned by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani.

While some superyacht owners prefer to keep their vessels out of the public eye, others have made headlines with their extravagant amenities.

Some of the most famous superyachts feature swimming pools, private beaches, helicopter pads, on-board cinemas, and luxurious spas.

In conclusion, owning a superyacht is an exclusive status symbol for the world’s wealthy elite.

These vessels come with hefty price tags that can range from $30 million to over $400 million, and feature some of the most luxurious amenities imaginable.

Notable owners include the Emir of Qatar, Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

Who are the Owners of Superyachts?

From Hollywood celebrities to tech billionaires, superyacht owners come from all walks of life.

Many of the most well-known owners are billionaires, including Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

Other notable owners include Hollywood stars such as Leonardo DiCaprio and Johnny Depp.

However, not all superyacht owners are wealthy.

Many are everyday people who have worked hard and saved up to purchase their dream vessel.

Other notable billionaire owners include Oracle co-founder Larry Ellison, Saudi Prince Alwaleed bin Talal, and former US President Donald Trump.

These luxurious vessels come with hefty price tags that can range from $30 million to over $400 million.

For many superyacht owners, their vessels serve as a status symbol of wealth and luxury.

Some owners prefer to keep their yachts out of the public eye, while others have made headlines with their extensive amenities – from swimming pools and helicopter pads to on-board cinemas and spas.

Many of these yachts are designed to the owner’s exact specifications, ensuring that each one is totally unique and reflects the owner’s individual tastes and personality.

Owning a superyacht is an exclusive club, reserved for those with the means and the desire to experience the ultimate in luxury.

Whether they are billionaires or everyday people, superyacht owners are all united in their love of the sea and their appreciation for the finer things in life.

The Most Expensive Superyacht in the World

When it comes to superyachts, Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, certainly knows how to make a statement.

His luxury vessel, the 463-foot Al Mirqab, holds the title of the world’s most expensive superyacht.

Built in 2008 by German shipbuilder Peters Werft, this impressive yacht is complete with 10 luxurious cabins, a conference room, cinema, and all the amenities one would expect from a vessel of this magnitude.

In addition, the Al Mirqab features a helipad, swimming pool, and even an outdoor Jacuzzi.

With a price tag of over $400 million, the Al Mirqab is one of the most expensive yachts in the world.

In addition to the Emir of Qatar, there are several other notable owners of superyachts.

Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos all own luxurious vessels.

Bezos yacht, the aptly named The Flying Fox, is one of the longest superyachts in the world at a staggering 414 feet in length.

The Flying Fox also comes with a host of amenities, such as a helipad, swimming pool, spa, and multiple outdoor entertaining areas.

Bezos also reportedly spent over $400 million on the vessel.

Other notable owners of superyachts include Saudi Prince Alwaleed bin Talal, who owns the $200 million Kingdom 5KR, and Oracle founder Larry Ellison, who owns the $200 million Rising Sun.

There are also many lesser-known owners, such as hedge-fund manager Ken Griffin, who owns the $150 million Aviva, and investor Sir Philip Green, who owns the $100 million Lionheart.

No matter who owns them, superyachts are sure to turn heads.

With their impressive size, luxurious amenities, and hefty price tags, these vessels have become a symbol of wealth and prestige.

Whether its the Emir of Qatar or a lesser-known owner, the worlds superyacht owners are sure to make a statement.

Notable Superyacht Owners

When it comes to the wealthiest and most luxurious owners of superyachts, the list reads like a whos who of the worlds billionaires.

At the top of the list is the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, who holds the distinction of owning the most expensive superyacht in the world.

Aside from the Emir, other notable owners include Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

All of these owners have made headlines with their extravagant vessels, which are typically priced between $30 million and $400 million.

The amenities that come with these vessels vary greatly from owner to owner, but they almost always include luxurious swimming pools, helicopter pads, on-board cinemas, and spas.

Some owners opt for more extravagant features, such as submarines, personal submarines, and even their own personal submarines! Other owners prefer to keep their vessels out of the public eye, but for those who prefer a more showy approach, they can certainly make a statement with a superyacht.

No matter who owns the vessel, it’s no surprise that these superyachts are a status symbol among the world’s wealthiest.

Whether you’re trying to impress your peers or just looking to enjoy a luxurious outing, owning a superyacht is the ultimate way to show off your wealth.

What Amenities are Included on Superyachts?

Owning a superyacht is a sign of wealth and prestige, and many of the worlds most prominent billionaires have their own vessels.

The most expensive superyacht in the world is owned by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, while other notable owners include Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

The cost of a superyacht can range from $30 million to over $400 million, but the price tag doesnt quite capture the sheer extravagance and amenities of these vessels.

Superyachts come with all the comforts of home, and then some.

Many owners will equip their vessels with swimming pools, helicopter pads, on-board cinemas, spas, and other luxury amenities.

The interior of a superyacht can be custom-designed to the owners specifications.

Some owners opt for modern, sleek designs, while others prefer a more traditional look.

Many of the most luxurious yachts feature marble floors, walk-in closets, and custom-made furniture.

Some vessels even come with a full-service gym, complete with exercise equipment and trained professionals.

Other amenities may include a library, casino, media room, and private bar.

When it comes to outdoor amenities, superyachts have some of the most impressive features in the world.

Many yachts come with outdoor entertainment areas, complete with full kitchens, dining rooms, and lounge areas.

Some owners even opt for hot tubs or jacuzzis for relaxing afternoons in the sun.

And, of course, there are the jet skis, water slides, and other exciting water activities that come with many of these vessels.

No matter what amenities a superyacht has, it is sure to be an experience like no other.

From the sleek interiors to the luxurious outdoor features, these vessels provide a unique, luxurious experience that is unrivaled on land.

Whether you’re looking for a relaxing escape or an exciting adventure, a superyacht is sure to provide.

How Much Do Superyachts Cost?

When it comes to superyachts, the sky is the limit when it comes to cost.

These luxury vessels come with hefty price tags that can range from anywhere between $30 million to over $400 million.

So, if youre in the market for a superyacht, youre looking at an investment that could easily break the bank.

The cost of a superyacht is driven by a variety of factors, including size, amenities, and customization.

Generally, the larger the yacht, the more expensive it will be.

Superyachts typically range in size from 100 feet to over 200 feet, and they can be as wide as 40 feet.

The bigger the yacht, the more luxurious features and amenities it will have.

Amenities also play a significant role in the cost of a superyacht.

While some owners prefer to keep their yachts out of the public eye, others have made headlines with their extensive amenities.

From swimming pools and helicopter pads to on-board cinemas and spas, the sky is the limit when it comes to customizing a superyacht.

The more amenities a superyacht has, the more expensive it will be.

Finally, customization is another major factor that will drive up the cost of a superyacht.

Many luxury vessels have custom-designed interiors that are tailored to the owners tastes.

From custom furniture and artwork to lighting and audio systems, the cost of a superyacht can quickly escalate depending on the level of customization.

In short, the cost of a superyacht can vary widely depending on its size, amenities, and customization.

While some may be able to get away with spending a few million dollars, others may end up spending hundreds of millions of dollars on their dream yacht.

No matter what your budget is, its important to do your research and find out exactly what youre getting for your money before signing on the dotted line.

Keeping Superyachts Out of the Public Eye

When it comes to owning a superyacht, some owners prefer to keep their vessels out of the public eye.

Understandably, these individuals are concerned with privacy and discretion, and therefore tend to take measures to ensure their yachts are not visible to outsiders.

For instance, some superyacht owners opt to keep their vessels in private marinas, away from the public areas of larger ports.

Additionally, some yacht owners may choose to hire security guards to patrol and protect their vessels while they are moored or sailing.

In addition to physical security, some superyacht owners also use technology to keep their vessels out of the public eye.

For example, a yacht owner may choose to install a satellite-based communications system that allows them to keep their vessel completely off-radar.

This system works by bouncing signals off satellites rather than transmitting them, making it virtually impossible for anyone to track the yachts movements.

Finally, some superyacht owners also choose to limit the number of people who have access to their vessels.

For instance, the owner may only allow family members and close friends to board the yacht.

Additionally, the owner may choose to employ a limited number of staff to help maintain the vessel and keep it running smoothly.

These individuals may be required to sign non-disclosure agreements to ensure they do not disclose any information about the yacht or its owner.

Overall, while some superyacht owners may choose to keep their vessels out of the public eye, there are still plenty of other ways to show off the opulence associated with owning a superyacht.

From swimming pools and helicopter pads to on-board cinemas and spas, there are many luxurious amenities that can make a superyacht the envy of any jet setter.

Final Thoughts

Superyachts are a symbol of luxury and status, and the list of yacht owners reads like a who’s who of billionaires.

From the Emir of Qatar’s world-record breaking $400 million yacht to Microsoft co-founder Paul Allen’s vessel with a helicopter pad and on-board spa, the amenities of these luxury vessels are truly stunning.

With prices ranging from $30 million to over $400 million, owning a superyacht is an expensive endeavor.

Whether you’re looking to purchase one or just curious to learn more about the owners and their amenities, this guide will provide you with all the information you need to stay up to date with the superyacht scene.

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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The ultimate superyacht collection ….

Welcome to Yacht Bible, the ultimate destination for superyacht enthusiasts looking to explore our comprehensive collection of superyachts from all around the world. With a database compiled of hundreds of the best luxury yachts, all of the yachts on this site are owned by the wealthy elite.

Each of the superyachts in our database has been broken down to give you the best insight into the incredible specifications and luxury features that these vessels have to offer.

From swimming pools, beach clubs, elevators, and a plethora of toys such as jetskis, helicopters, and tenders, these yachts truly have it all. Join us as we delve into the history and take a closer in-depth look at the design of these ‘giant jewels of the ocean’.

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Yacht owner database ….

Not only do we explore these superyachts in detail, but we also take a closer look at the owners and explore how they can afford such magnificent vessels.

From self-made entrepreneur billionaires to royalty and celebrities, we explore their backgrounds and how they use these ultimate leisure crafts.

At Yacht Bible we strive to keep the information as up-to-date as possible by following the sale history of each of the yachts listed in order to bring you the latest information on the owners to add an extra layer of insight into the world of the wealthy.

We respect owners’ rights to privacy so any owner featured on our database is free to reach out in order to have information changed or removed by contacting us .

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The human side of yacht ownership

How would you characterise the typical yacht owner? Whatever you may have been led to believe, the truth is simple: for most, it’s about using their yachts for precious family time, and for many it’s also about using their yachts for good.

There’s a theme that is repeated on countless yachts large and small the world over – superyachting, for most, is not about being seen but rather the opposite. It’s about yacht families and their friends enjoying precious, private moments away from the pressures of demanding business lives and the long hours running those businesses can entail.

“I have an extended family, and when our schedules allow we all like to gather on the yacht and spend some quality time as a family,” Douglas Barrowman , owner of the yacht Turquoise , told Superyacht Life back in 2017. “There is no place like a yacht for family togetherness.”

Douglas Barrowman with family

A love of the sea, adventure and technology

Superyachts and yacht ownership are also a way to explore the world around us, and to interact with and grow to understand extraordinarily diverse communities from remote Pacific islands to the Scandinavian Arctic. It’s something that inspired tech entrepreneur Jasper Smith to combine his love of adventure and his love of the sea with an opportunity for owners to give back while indulging their passion.

“I have always had a deep passion for the ocean,” Smith says. “I grew up watching Jacques Cousteau movies and being enthralled at the idea of being challenged by an endeavour.” When he set out to find his own perfect explorer yacht, however, he realised it didn’t yet exist. His answer was to create Arksen. “My aim with Arksen was to create the perfect machines to enable adventure,” he enthuses. “I also wanted to build sustainable boats which considered full life cycles, from material sourcing to recycling.”

That’s not all – Arksen also asks owners of its yachts to sign up to a pledge it calls 10% for the Ocean, where they will donate 10% of their vessel’s time to philanthropic activities. “A lot of people who have the money feel a responsibility to try and make sure that the oceans are well looked after,” Smith explains. “The people that are attracted to Arksen are passionate about the ocean and want to go off on slightly more advanced expeditions and trips. With that audience, there is a tremendous buy-in to the boat being for more than just their own purposes.”

Superyachts as a force for good

It speaks to the heart of the matter, which is that the superyacht industry and yacht owners in particular have a heart – they care about preserving the environment they enjoy, and they care about the communities they interact with who make them feel so welcome when they visit. It’s reflected in the smallest of gestures, such as donating materials and books to local schools, to the largest – helping with last-mile delivery of critical disaster relief. It’s about superyachts giving back.

It’s a positive-impact attitude toward humanity that is quietly typified by hundreds of superyacht owners, who often prefer to do their thing under the radar rather than take false glory for their philanthropic or humanitarian endeavours. For some it’s as straightforward as getting involved in projects with organisations like YachtAid Global . For others, their endeavours become a key reason for yachting.

American superyacht owner Carl Allen is a prime example of these philanthropic yacht owners. After selling his company, and having enjoyed chartering and owning yachts as a family for years, Allen set up Allen Explorations to deliver a full programme of projects, ranging from historical shipwreck searches and environmental research to disaster relief. Indeed, Allen’s support yacht Axis played a vital role in the aftermath of Hurricane Dorian – one of the most powerful storms ever to hit the Bahamas.

“We had to drop everything and help after the hurricane,” says Allen. “ Axis delivered over £700,000 of supplies and made multiple trips to Little Grand island in the Bahamas. We’ve turned it into the epitome of how to organise hurricane relief.” The team helped get the local school back up and running, and organised for a group from Florida Power and Light to help restore power. “The island also lost their water tower,” he adds, “so we delivered four tanks on Axis .”

Jasper Smith

Celebrating the good in the superyachting good life

From family time to time spent embracing the global family, superyacht owners have a far greater positive impact than many assume from preconceived ideas about what a superyacht is and the sort of person who owns or charters one. It’s one of the reasons The Superyacht Life Foundation, in association with the Monaco Yacht Show , has unveiled The Honours, which is a way to celebrate the people of our industry rather than the yachts which so often get sole focus. It’s about recognising the extraordinary contributions that people make, the change they inspire, the opportunities they create, and the lives they change.

On 26 September, the eve of the 2023 Monaco Yacht Show, three honourees – nominated by people from across the superyacht industry, and selected from a shortlist by an expert panel of industry judges – will be feted for their work and contribution to superyachting. These are industry professionals and yacht owners who epitomise what superyachting can do. These are people who highlight the good in the superyachting good life.

Yacht owners, impactful journeys

All around the globe, yacht owners are enjoying precious time on their yachts with family and friends, and many are also realising that their yachts can be a force for good and for change, tying in with their philanthropic works and humanitarian endeavours.

“Our yacht is a platform for much of our life,” offers Joe Anderson , co-owner of the Benovia Winery in California with his wife, Mary Dewane. “For instance, we used it at a fundraiser for cystic fibrosis in Baltimore at the 200th anniversary of the Star-Spangled Banner event. The Blue Angels were flying overhead and used Bella Una [the couple’s yacht] as a GPS coordinate and performed flybys, tipping their wings at us. It was quite a thrill. Having a yacht is a way to keep the family intact, enjoy time with friends and have fun.”

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Do You Need a License to Drive a Yacht?

Owning a yacht embodies luxury, freedom, and adventure on the open waters. However, amid the allure of yacht ownership, there's a critical aspect often overlooked—the necessity of possessing a valid yacht license. This article delves into why having a license to drive a yacht is indispensable for aspiring owners. But do you need a license to drive a yacht? The team at Yacht Management , a leading provider of yacht maintenance services, provides all the information you need to know here.

What to Know About Yacht Ownership

What to Know About Yacht Ownership As a leading yacht maintenance company, we understand that yacht ownership represents the epitome of luxury and an unparalleled sense of freedom in the realm of maritime indulgence. It embodies an aspirational lifestyle coveted by many, symbolizing not just a possession but being amid a world of opulence and unparalleled experiences.

The allure of owning a yacht extends beyond mere ownership. It encapsulates the spirit of adventure and the thrill of exploration on the open seas. Picture the sheer liberation of charting your course, unfettered by land-bound constraints, navigating through pristine waters to your chosen destinations. It's a lifestyle that harmonizes luxury with the freedom to explore remote coves, pristine islands, and exotic locales, all within the sanctum of your private vessel.

Yacht ownership is more than a status symbol; it's a gateway to a unique way of life where one can escape the ordinary and immerse oneself in the extraordinary. The sensation of being surrounded by boundless azure horizons, the sun painting the sky in hues of gold during sunset cruises, and the gentle rhythm of waves against the hull—all contribute to an unmatched sense of liberation and tranquility.

Owning a yacht brings unparalleled freedom, allowing one to embrace the spontaneity of travel and the luxury of seafaring without limitations. It's an embodiment of personal expression, where the yacht becomes an extension of one's identity, reflecting individual tastes and desires amidst the vast expanse of the ocean.

Being a yacht owner is not solely about possessing a magnificent vessel; it's an invitation to a lifestyle where luxury, adventure, and the boundless freedom of the seas converge, creating an experience that transcends the ordinary and defines the extraordinary. But do you need a license to drive a yacht and make the lifestyle your everyday experience?

Why Having a License for a Yacht Is So Important

There is more to know beyond answering the question, "Do you need a license to drive a yacht?" Knowing why you want one to be in your possession is important. Below are some of the main points our yacht service experts want you to remember.

Legal Compliance and Regulations of a Florida Boating License

The operation of a yacht demands meticulous adherence to a myriad of legal frameworks and maritime regulations. These encompass licensing requirements, registration obligations, and adherence to safety standards stipulated by international and regional maritime bodies. Understanding and complying with these legal mandates is not merely a formality. It is the cornerstone of responsible yachting. Moreover, a profound comprehension of maritime laws ensures the safety of all onboard, mitigating risks and fostering a secure environment for crew and passengers alike.

Mastery of Navigation at Sea

Navigating a yacht presents unique challenges that demand a comprehensive grasp of navigation techniques. Unlike land-based travel, yachting requires proficiency in understanding nautical charts, interpreting weather patterns, and employing navigation tools specific to maritime environments. Mastering these skills is imperative for ensuring safe passage, efficient handling of the vessel, and the ability to navigate diverse and often unpredictable waterways.

Handling Emergencies at Sea The vastness of the seas brings with it the potential for unforeseen emergencies. From inclement weather conditions to mechanical failures, being equipped to address these difficulties is non-negotiable. A thorough understanding of emergency protocols, swift decision-making in crisis scenarios, and possessing the skill set to manage emergencies effectively are paramount. Whether it involves first aid proficiency, knowledge of distress signals, or executing evacuation procedures, preparedness is vital to ensuring the safety and well-being of everyone aboard. Do you need a license to drive a yacht and handle these emergencies? The experience comes with the practice that only a license will present to you.

Obtaining a license to drive a yacht extends far beyond a legal requirement. It embodies a commitment to safety, proficiency, and responsible seamanship. Mastery of maritime laws, navigation skills, and preparedness in handling emergencies form the bedrock of a conscientious and adept yacht operator, ensuring not just compliance but also the safety and security of all involved in the yachting experience.

The Process of Obtaining a Florida Yacht License "Do you need a license to drive a yacht?" This question often marks the outset of one's journey toward navigating the world's waters aboard one's own vessel. Addressing this query initiates a multifaceted process involving stringent prerequisites and comprehensive training to ensure the mastery of essential skills integral to responsible yacht operation. Our yacht care professionals are masters in all things related to navigation. Here, they present things you must know when you are undergoing the process of obtaining your license.

Florida Boat License Requirement and Training Acquiring a yacht license requires fulfilling specific prerequisites that vary depending on the region and the license type sought. Typically, applicants must meet age requirements, undergo a thorough medical examination to ensure physical fitness and complete a specified number of logged sea hours. A fundamental understanding of maritime laws and navigation principles is also essential through formal education or training courses.

Training programs for yacht licensing encompass a comprehensive curriculum covering seamanship, navigation techniques, safety protocols, and emergency procedures. These programs, often conducted by certified maritime institutions or accredited training centers, offer theoretical instruction complemented by practical, hands-on experience aboard vessels. They equip aspiring yacht operators with the knowledge and skills necessary to navigate, operate, and manage a yacht proficiently and safely.

Variations of the License for Boating in Florida Yacht licenses vary in scope and designation, catering to different yacht sizes, navigational zones, and purposes. Common categories include licenses for recreational yachts, commercial vessels, and specific endorsements for operating in coastal or open waters. Licenses may also differ based on propulsion systems, accommodating both sail and motor yachts. The scope ranges from inland waterways to unrestricted navigation in international waters, reflecting varying degrees of competency and experience required for each category.

Beyond the fundamental yacht license, endorsements or supplementary certifications augment an operator's skill set. These endorsements often focus on specialized areas such as offshore sailing, handling specific types of vessels, or certifications in advanced navigation techniques. Additionally, safety and first aid, radio operation, or environmental stewardship certifications further enhance an operator's capabilities and preparedness, ensuring a comprehensive skill set for navigating diverse yachting scenarios.

Obtaining a yacht license involves meeting prerequisites, undergoing rigorous training, and selecting the appropriate license category tailored to one's yachting ambitions. Furthermore, pursuing endorsements and supplementary certifications enriches an operator's proficiency and preparedness, ensuring a well-rounded skill set for navigating the complexities of yachting.

Get in Touch With a Leader Among Yacht Maintenance Companies

Do you need a license to drive a yacht? Yes! It won't only prove essential in legal and regulatory matters. It will also provide the necessary experience and practice to captain a vessel confidently.

But if you're seeking a partner to care for your watercraft, don't settle for just any South Florida yacht maintenance company. Team up with the experts at Yacht Management for unmatched care. If you're interested in learning more, feel free to reach out to our team today or call our team directly to speak with a representative today.

Be sure to also take a look at our yachting blog for a deep dive into several topics our professionals regularly cover. Take your yachting experience to the next level with the help of seasoned experts who call the ocean home and their clients a commitment to excellence that will be met.

For all inquiries, fill out the form below and a member of our team will respond as soon as possible

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Motor Yacht A: Everything You Want To Know

Motor Yacht A, sometimes just called MYA or simply “A”, is a superyacht that was designed by Philippe Starck, interior designer and architect, along with naval architect Martin Francis and built by the yacht makers Blohm Voss. The yacht was ordered back in 2004 and it took four years to come through with delivery of the massive vessel. It is famous today for being one of the biggest yachts on earth and also for the controversial look and design of the yacht.

What Did Motor Yacht A Cost?

Although most owners of these massive superyachts play numbers close to the chest, the number most frequently circulated when discussing Motor Yacht A is $300 million. So not only would that make the boat one of the largest in the world , it’s also in the rankings for one of the most expensive as well.

The actual price has never been confirmed, however, so it’s worth noting that this might not be correct, it’s just that the owner never stated otherwise. There have sometimes been other figures tossed around that are a little higher or a little lower but no one seems to have a source for any of them. Even the widely accepted $300 million seems to mostly be speculation based on educated guesses and a bit of insight into how the ship was designed and what it features. In any event, it’s safe to say it was quite an expensive vessel.

Motor Yacht A Interior

According to Starck, he was not really given a brief for the design of the yacht. Instead, he was told how long it needed to be, more or less, and that the buyer wanted six cabins. Everything else was up to him. Some initial stories said Starck designed the entire vessel in just a couple of minutes. That sounds impossible but also that’s what Stark is known for – producing fully realized designs in just minutes, sort of like a freeform design process where he puts everything on the paper right away. However, he later admitted the entire process was about a month long, so take from that what you will.

The yacht is 394 feet long so clearly there’s a lot more than just six cabins on board. The interior covers a massive 24,000 square feet of space. It takes a staff of 35 to keep it all running. The master suite alone is 2,500 square feet. To give that perspective, the average square footage of an apartment in New York City is 866 square feet, and it’s been that size since the year 2000.

Starck designed a secret room for the suite as well, hidden behind a mirror. It’s meant for couples to have some privacy, if you follow our meaning. Mirrors and crystals are used everywhere on board, even in the furniture. There’s a hidden cabinet in the living room area that opens up to reveal a massive bar that is nearly all crystal, mirrors and glass. There are seven guest cabins but there is a modular wall system that allows for them to be merged into four larger rooms.

Where mirrors aren’t being used you can find animal skins. One guest room has walls made entirely from white stingray leather. There’s even a custom designed chair somewhere made from alligator hide and kudu horns.

Electronics are included stealthily, like the 60 inch TV that can rise up into the ceiling to be hidden away when not in use.

Even simple features are more elaborate than you might expect. The walls lining a staircase are made of scalloped silver. The handrail is hand carved and cost $60,000. The shower faucets were custom designed to fit the silver trim and even patented. They cost $40,000.

Like many of the large superyachts, the deck is outfitted with a helipad for transport to and from the yacht at sea. There are also three swimming pools in total including one that has a glass bottom and was built above a disco so you can dance and watch people swim, or vice versa, though the glass bottom is only over a fairly small area so you’d most likely just be looking up at someone treading water. That pool is also a massage pool with his and hers massage chairs.

The tender garage on Motor Yacht A features three launch boats and a lot of open space. So much space, in fact, that if the launch boats are cleared out, the space doubles as a party room with a large dance floor.

Most Russian billionaires opt for some serious yacht security and things were no different with Motor Yacht A. Though many of the details were kept under wraps it was rumored that the yacht had been outfitted with 44 mm bomb-proof glass on all the windows. There’s also supposedly an escape pod of some type that can be used to flee the yacht in case of emergencies but details on what that means are pretty hard to come by. In addition to that there are rumored to be dozens of security cameras, motion centers and fingerprint keypads to enter secure spaces.

How Fast is Motor Yacht A?

The ship runs on a pair of MAN RK280 diesel engines. These supply around 9,000 kW (12,000 hp). The top speed is around 23 knots with a cruising speed of 19 knots. With a 750,000 L/200,000 gallon fuel capacity, Super Yacht A has a range of 6,500 nautical miles.

Who Owns Motor Yacht A?

At the time the yacht was commissioned back in 2004, no one knew who the buyer was. In fact, it took the entire four year construction process before it became public knowledge who owned the vessel, this after much incorrect speculation.

The true owner of the yacht was Russian billionaire Andrey Melnichenko. He made his fortune in coal and chemicals and was one of the richest people in Russia at the time.

Why is it Called Motor Yacht A?

Most boats have creative names. The naming of any vessel is part of the fun, after all. Even serious vessels like military ships and cargo vessels have names, so why would a billionaire give a luxurious superyacht such a plain, boring name? It’s actually a bit of a sneaky, vanity thing. It’s called “A” so that it always features at the top of boat registries. No matter where it’s listed, it’s going to be first.

What was the Controversy Over the Luxury Yacht A?

As mentioned in the intro, there was some controversy regarding the look of the yacht when it made its debut, at least in boating and yacht circles. Nothing serious, of course, just among traditionalists and more avant garde boat fans who disagreed about the design.

There were some boating journalists and yacht owners who thought A was the ugliest boat they had ever seen, in particular because of the axe bow. And it’s true that the exterior design is very unusual for a yacht. It has lines more reminiscent of a submarine that has surfaced as opposed to a traditional yacht. That, combined with the price tag, made critics feel like it was a massive waste or misuse of money. Other people, however, were excited by such an unusual design and innovative engineering shaking up what was otherwise kind of a stagnant design field. Plus, when the unique interior was factored in, it really makes A a standout vessel.

What is Sailing Yacht A?

Launched in 2015, Sailing Yacht A is the sister yacht to Motor Yacht A. It is also owned by Andrey Melnichenko and it was also designed by Philippe Starck. At 469 feet, it is larger than Motor Yacht A and it’s also the largest sailing yacht in the world.

The Bottom Line

Russian billionaire Andrey Melnichenko commissioned the A back in 2004 and took possession in 2008. As far as anyone knows, it cost about $300 million. The vessel has an incredibly unique exterior design as well as many luxurious interior features that make it a standout mega yacht. At around 390 to 394 feet (sources differ on the exact length) it’s also one of the largest yachts in the world and currently ranks at about the 29th largest as of 2022.

My grandfather first took me fishing when I was too young to actually hold up a rod on my own. As an avid camper, hiker, and nature enthusiast I'm always looking for a new adventure.

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Boat Rentals by Owners: What to Expect

Last Updated on November 30, 2022 by Boatsetter Team

The hard truth about boat ownership is that we can’t go boating all the time. Boats just sit unused at the dock for days. Thanks to boat-sharing apps, today you can turn those no-boating days into money-making days by listing and renting them out .

This new and hot concept (thanks to the sharing economy) is still unknown to many longtime boat owners. Take Airbnb, which was able to make a stay in DJ Khaled’s closet a hot ticket item, for example: people rent out their space to travelers looking for a place to rest their heads. Some rent for the experience of the space itself like mansions, beach houses, and even castles!

Boatsetter’s model is similar, except instead of offering a place on land, we offer boat trips with half-day , full-day , or multi-day options, as well as a captained or uncaptained option.

Getting started with boat rentals by owners is as simple as visiting Boatsetter and providing basic boat information first:

Boat address

Instantly you should see an estimated monthly earning (based on eight full-day rentals per month).

Continue, and next, you’ll have to upload four pictures of your boat and provide boat insurance documents (this may include boat registration, survey information, and other proofs).

READ MORE: How to Take the Best Boat Listing Pictures

Boats that DON’T qualify for Boatsetter are:

Boats more than 40 years old
Boats with a value exceeding $2.5M
Home-built boats

If you’ve received a message qualifying for expedited approval , it may be because your boat is newer than 15 years and smaller than 30 feet in length. Get excited if you get this message; it means your boat is in high demand .

Once approved, we’ll help you to enhance your boat’s listing to make it a go-to selection for renters in your area. Here are just a few resources from our arsenal:

How to Write the Best Headline for Your Boat Listing
Boat Hosting 101: 3 Best Practices
First-Time Boat Owner Checklist

At this point, your boat is well on its way to joining more than 50,000 boats in 700 locations worldwide on the Boatsetter platform.

Boat rentals by owners are a great solution to the longtime problem of boats going unused. Don’t let your boat sit idly by; join more than 50,000 boats in 700 locations worldwide.

List, Rent, Earn— Only at Boatsetter

Boatsetter is a unique boat-sharing platform that gives everyone — whether you own a boat or you’re just renting — the chance to experience life on the water. You can list a boat , book a boat , or make money as a captain .

Kim Kavin has been on boats in more than 50 countries and islands, including in the Caribbean, Mediterranean, South Pacific, Indian Ocean and Southeast Asia. She grew up learning to steer a ski boat and Hobie Holder at her grandfather’s lake house in New Jersey, and went on to spend time aboard everything from America’s Cup racing sailboats to submarines.

Kim is a PADI-certified scuba diver and animal lover who always enjoys a good, long look around a coral reef. Her award-winning writing and editing regularly appears in national marine magazines and on leading websites. In her early years, she was a Dow Jones editing intern and a graduate of the University of Missouri-Columbia School of Journalism. When she’s not writing, Kim can usually be found hiking northwest New Jersey’s beautiful park trails with her adopted shelter mutt, Ginger.

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Chartering Your Own Yacht - The Complete Guide

Thinking about whether you should charter your yacht here's everything you should know about it..

Buying a yacht for private use is a great investment - in your future adventures, in your new lifestyle, in your mental and physical well-being. You get to explore the unexplored, spend quality time with your friends and family, or party like a celebrity. It's an experience of a lifetime and a dream come true for many.

However, even though you try your best to maximize your time on board, there are still weeks or even months when the boat’s unused and the crew ‘underutilized’. When your boat is just sitting in the marina, it’s just costing you money.

That’s why you should consider putting your yacht in a charter fleet. It can not only offset your expenses but even generate profit. Most importantly, it guarantees that your yacht is fully maintenanced and in top shape for when you decide to set sail on another vacation.

Chartering your own yacht is a great way to earn money off your investment. (Image source: Shutterstock)

The benefits of chartering your yacht

Chartering your yacht is a great strategy for making some money off your yacht when you’re not using it. But there are also a number of other advantages - here are the main ones:

Reduced operational costs & additional income

A busy charter yacht can cover a significant portion of your operating expenses such as dockage, maintenance, insurance, and other incidentals. Additionally, charter yacht ownership produces an income that you otherwise as a private owner wouldn’t have, providing a faster return on the investment.

Increased yacht reputation and value

A yacht that is marketed for charter has a better market profile. On top of that, If the yacht is active and has a proven success record of providing high quality experience to its clients, it will attract both charter guests and potential buyers in the future. In the long run, chartering is a sound strategy for increasing your boat’s value which would otherwise depreciate with time.

The yacht stays in top-notch condition

It may sound counterintuitive but yachts that are part of the charter fleet are usually more regularly and better maintained. Frequent cosmetic and mechanical maintenance that chartering requires can extend the life of your yacht and preserve its resale value.

More experienced boat crew

Charter yachts attract the best caliber of crew that will maintain their service at the highest industry standard. That also means you can enjoy the same quality of service whenever you decide to use it for personal plans.

Charter yachts require frequent maintenance. An experienced yacht crew will keep the yacht in top-notch condition. (Image source: Shutterstock)

Earnings and expenses

As a yacht owner, you can definitely earn a profit by chartering your yacht and offset your costs. Here’s the breakdown:

The price of the charter depends on the market, the size, model, condition of your boat, the number of cabins, etc. The expenses which you must take into account as the boat owner include:

registration
ship maintenance
crew salaries
charter equipment (water toys, bed linen, towels, shampoos, etc.)
professional photography

Charter yachts which provide a wide selection of water toys are often booked better. (Image source: Shutterstock)

Even though there are many factors that influence the boat price, we at Magnum always try to set a competitive price that’ll make you stand out on the yacht charter market. See the prices for the luxury yachts in our fleet here.

How many weeks can I charter my yacht?

For luxury yachts, you can expect your yacht to be booked for a minimum of 6-12 weeks a year, depending on the season.

The average number of weeks is higher for chartering sailboats and catamarans, usually about 14-20 weeks.

What to expect of a yacht charter management company?

With the right agency for yacht charter management , you can reap all the benefits of chartering your own yacht - offset operational costs, keep your crew sharp and your boat in top shape, as well as build a brand reputation.

The role of such a company is to provide consulting, support and help you achieve maximum booking through thoughtful promotion.

Here’s how that works in the example of Magnum:

Once a yacht owner decides to partner with our agency, we both sign the Central Booking Agreement. It states the rights and obligations of the owner, as well as the rights and obligations of us as a central agency. In it we also define the price list according to which the charter service for a particular vessel will be charged.

The agreement can be signed for a definite period (1 year) or for an indefinite period and can be terminated via written notice (from either party).

Bookings, promotion & payments

Once we sign the Central Booking Agreement with the boat owner, we focus all our efforts on promotion and positioning the boat on the market. It takes some time for the yacht to become "recognized" on the market but since we have access to a large global booking system through which we receive inquiries (YACHTFOLIO), this process doesn’t take too long.

A central agency for yacht charter management will help you to achieve more bookings through top yacht promotion. (Image source: Shutterstock)

After receiving an inquiry from a potential client, we send them a detailed offer with the price and presentation materials (brochure, crew profile, etc.), to give them a complete and better impression of the yacht. If the client confirms the booking, we sign the MYBA contract. The contract is signed by all the parties involved in the booking process - the client (charterer), broker, stakeholder and the yacht owner.

Payment to the yacht owner is made in such a way that half of the amount to be paid to the owner is paid on the day of the boarding, and the remaining amount on the day of unloading (or the first working day, if unloading day is during the weekend).

The responsibilities of the yacht owner

If you decide to charter your yacht, here’s what’s expected of you as the owner:

During the term of the Central Booking Agreement, the yacht owner is not allowed to enter a business partnership with another yacht charter agency and is obliged to refer all agents who may contact him to his central agent.
The yacht owner mustn’t promote his yacht independently or without the consent of his central agent.
The owner must deliver professional photographs of the boat to the agency.
The owner is obliged to invoice his charters in accordance with the regulations of the Republic of Croatia.
The yacht owner is obliged to ensure the registration of the vessel and to have valid insurance policies.
The yacht owner must provide other documentation and take actions that precede the provision of accommodation services on board.
The yacht owner is obliged to provide an adequate crew in accordance with the size of the boat and the uniforms for all crew members.
The yacht owner is obliged to sign the charter agreements on time and report any problems or delays to the agency as soon as possible.
The boat must be adequately prepared for chartering - that includes cleaning, equipment procurement, as well as accommodation, uniforms & training for the crew members.
The yacht owner must have a registered company and be able to issue invoices.

Why choose Magnum as your yacht charter management company?

Since we were founded in 2004, we’ve been recognized as one of the most highly qualified yacht charter companies in Croatia, with the fastest-growing fleet in the country. As members of the Mediterranean Yacht Broker Association, we maintain our business at the highest standards of professionalism and ethics.

We are well established in the yachting community: our agency is a YACHTFOLIO subscriber and collaborates with a large number of both global and local clients, as well as partner agencies.

Our team of experts have the know-how and the experience to ensure that your yacht reaches its full charter potential - that means maximizing the number of bookings and subsequently, revenue. We fully devote ourselves to each yacht owner and have an ‘all-hands-on-deck’ approach to supporting you.

If you would like to charter your yacht through our agency, feel free to contact us here .

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More From Forbes

Channel james bond aboard the 190-foot superyacht ‘skyfall’.

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SKYFALL is currently for sale for an asking price of $29.5m

Superyacht SKYFALL is as iconic as the James Bond movie it shares its name with. Owned by an American real estate developer, the 190-foot motor yacht features a distinctive silhouette and a boatload of stand-out amenities including a panoramic sky lounge, a split-level owner’s cabin and a helipad that converts into a basketball court. As well as being highly appealing to owners, she’s a successful charter yacht that’s renowned for her ability to entertain.

SKYFALL was built by American luxury motor yacht builder Trinity Yachts in 2010 for the shipyard’s owner. “SKYFALL is the most exquisite superyacht ever delivered by Trinity Yachts and is a shining example of American craftsmanship and pride,” says Frank Grzeszczak Sr of FGI Yacht Group. “In a market where yachts of her size are rarely this versatile, SKYFALL stands out as a unique offering. With a Bahamas-friendly draft, aluminum construction, speeds exceeding 20 knots, a flexible seven-cabin layout—including a bi-level primary suite—and expansive lounges, SKYFALL sets herself apart from others in her class.”

The current owner bought her in 2018 from an American automobile tycoon and completed a full refit in 2020, including elegant, timeless interiors by designers Patrick Knowles and Even Marshall. Now, as the owner builds a new, larger, 270-foot yacht with an Italian shipyard, they’ve reluctantly put SKYFALL up for sale.

As SKYFALL enters the market with FGI , the owner, who wishes to remain anonymous, gives Forbes an exclusive look at life onboard the yacht and reveals his favorite experiences and spaces, as well as his top tips for superyacht ownership.

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What initially captivated you about SKYFALL?

Owner: SKYFALL is an iconic yacht. She really has the best of all worlds. She has semi displacement which means she is fast and efficient. She also has a shallow draft that allows her to get into anchorages or ports that other similar sized boats can’t even try to get into. In the Bahamas, for example, it is typical for SKYFALL to be anchored close to shore while other 60-meter (190-foot) boats are a mile or more offshore.

What are your favourite memories onboard SKYFALL?

We have had a lot of fun with family and friends on SKYFALL. The list of great memories onboard is quite long. The bridge deck outdoor dining table is where we always try to have meals unless the weather is very bad. We have had a lot of great discussions with family and friends around that table that will last a lifetime. We also like that the sundeck that has two hot tubs with plenty of space, which is where we have pre-dinner canapes every night while we watch the sun set wherever we might be.

One thing that often grabs people’s attention is the basketball goal that also is a helideck on the sundeck. We have had a lot of competitive games of basketball on sundeck, sometimes with a number of spectators watching from afar.

The top deck of SKYFALL features a basketball court, helipad, pool, hot tub and dining area

What is your favourite space onboard?

The sky lounge is group favorite. It has twin 80-inch TVs, so there isn’t a bad place in the sky lounge to view a game.

Please talk us through the owner’s cabin and how you designed it to suit your lifestyle.

The owner’s cabin on SKYFALL is exactly what we wanted on a boat. The master bed faces the bow with large windows which means we get to wake up every morning to an amazing view. The sitting area is perfect for getting a break from guests when we just need some time to ourselves. The suite also has ‘His and Hers’ separate baths and closets, which is a requirement for us. My wife and I always say that the key to a long and happy marriage is separate bathrooms and closets.

The office in the master suite is a welcome retreat for me so I can get work done privately without being disturbed, and more importantly, without waking up my wife.

A cabin onboard SKYFALL superyacht

Where are your favourite places to visit around the world?

It has always been non-negotiable for our family that we spend New Year’s together in Saint Bart’s on the boat. In early spring, she spends a few weeks in the Bahamas, and then typically we send her over to the Med for the summer season. She then comes back for a quick yard period in the fall, does the Fort Lauderdale Boat Show, and then makes her way back to the Caribbean.

What makes SKYFALL such a successful charter yacht?

The feedback from charter guests has been that this is a great multi-generational boat. We have all the fun toys for kids, and lots of relaxing spaces for adults. Three generations in a family can travel together and have a great trip for different reasons. With the multitude of large beds, it is also a great boat for several couples to travel together.

Interiors are elegant and timeless

What first inspired you to become a yacht owner?

Our family had been chartering yachts for about 12 years. More and more we found ourselves wanting to spend time on the water. We had been loosely talking about buying a yacht when we started attending the annual Fort Lauderdale Boat Show. I’m not an impulse buyer, but when we found a boat that we thought would work for our lifestyle, we knew (or rather, my wife knew) that was the boat for us.

What does yacht ownership give you that villa or a hotel ownership couldn’t?

We often talk about how owning a yacht allows you to basically have a home nearly anywhere in the world. We like new places, and we like to explore, but we like to have a familiar home base to come back to at the end of a long day. A yacht gives you the advantage of being in the Med in the summer and the Caribbean in the winter sleeping in the same bed every night.

Guests can enjoy indoor and outdoor dining areas

Why have you decided to put SKYFALL on the sales market – and why now?

We are building a new boat, and it is time to let this one go. We are sad to part with her, but we hope she will find a new family that will create many new memories on her as we have.

What would be your biggest piece of advice to the next owner of SKYFALL?

Have fun with her. That’s what she is for. This boat loves to be used so if you have a destination in mind, she’s ready to go.

The decks have plenty of space for entertainment and relaxation

Want to be the new owner of SKYFALL? Here’s how

SKYFALL is currently for sale for an asking price of $29,500,000. Interested parties should contact the broker, Frank Grzeszczak Sr, Founder & President at FGI Yacht Group , who says: “Simply put, SKYFALL is the finest American superyacht available today. The price has recently been adjusted to $29,500,000, reflecting the seller's commitment to securing a fair price for this extraordinary vessel.”

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Mike Lynch’s Friend Shares What Life Was Like Onboard Yacht Before It Sank: 'Truly Luxurious Cabins'

"He was really happy and wanted to start a new life," Corrado Broli shared of Lynch, who he worked with for 25 years

PERINI NAVI PRESS OFFICE/HANDOUT/EPA-EFE/Shutterstock

Mike Lynch 's friend and former colleague has detailed what life was like onboard the luxury Bayesian yacht before it sank off the coast of Sicily last month.

In an interview with the Italian current affairs show Quarta Repubblica that aired on Monday, Sept. 2, Corrado Broli opened up about his relationship with the tech entrepreneur — who was found dead along with six others after the 183-foot yacht sank on Aug. 19 — and his time on the luxury vessel.

"I had been on this boat several times, it was a really fantastic boat, I have to say," Broli, who worked with Lynch for 25 years, told the outlet.

"I have never met this captain, I had met the previous one though. It was a boat with truly luxurious cabins," Broli said, before noting its special functions.

"Perini boats are famous for a series of automatisms they have. You can practically control them directly through a control unit, and everything is done automatically," he claimed, adding, "... And the portholes were sealed so you cannot open them."

Simon Dawson/Bloomberg via Getty

Broli, who worked at Lynch’s software companies Autonomy and Darktrace until 2022 after meeting him in 1999, went on to talk about the pair's relationship over the years.

"I knew him well, and obviously his wife and family. It was a relationship that extended beyond a professional relationship, it was also a friendship," he said.

Lynch’s 18-year-old daughter, Hannah, also died in the tragedy, though his wife, Angela Bacares, survived and was rescued along with 14 others onboard.

Karsten Borner, the captain of a nearby boat at the time, told PEOPLE that Bacares did not want to leave the scene until her husband and daughter were found. Their bodies were later recovered from the sunken vessel.

Broli, who was not on the yacht during the incident, suspects that Bacares was "in the cabin with Mike, and Mike told her, 'You go, save yourself and I will go and look for Hannah.' He knew she was in the cabin near to them." He claims that since the incident, Bacares "does not speak or communicate with anyone, we have only exchanged a message."

Broli added that Lynch was using the trip as a celebration with colleagues and friends after he had "undergone a very long trial, out of which he had emerged fully acquitted."

"He was really happy and wanted to start a new life," Broli said, adding that he will remember his friend as the "British Bill Gates" and a "very happy person."

Lynch went to trial and was acquitted after he was accused of financial fraud in connection to the sale of Autonomy — a business software company he founded — to Hewlett-Packard in 2011, and a source previously told PEOPLE the group had traveled to the Aeolian Islands to celebrate the win.

The captain of the Bayesian , James Cutfield, is currently under investigation for the incident and has been questioned several times by Italian authorities, a source close to the investigation previously told PEOPLE. Italian authorities launched a manslaughter and negligent shipwreck investigation in connection with the sinking, Ambrogio Cartosio, the chief prosecutor of Termini Imerese, announced last month.

On the day of the incident, Italian news agency ANSA reported that the vessel, which was carrying 22 people, was anchored when a tornado formed over the water , known as a waterspout, striking the yacht before it lost its balance and sank.

Italian coast guard officials have said there was a "violent storm" before the Bayesian went into the water.

ALBERTO PIZZOLI/AFP via Getty

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Recalling the design of the ship, Broli speculated that "the walkway out of the cabins is brief. There is a small set of steps that takes you up to the bridge, it's short because it is just seven to eight steps. Something abnormal must have happened beyond the weather conditions.”

However, he added that he does not "think there is a conspiracy here," as many have drawn their own suspicions about the cause of the sinking ship.

Many details of why the yacht went into the water so quickly remain unclear.

Along with Lynch and his daughter, the tragic incident claimed the lives of several high-profile individuals. They have been identified by authorities as the yacht's chef Recaldo Thomas, prominent New York attorney Christopher Morvillo and his wife, Neda ; and Morgan Stanley International chairman Jonathan Bloomer and his wife, Judy .

Hewlett Packard Enterprise confirms it will continue its $4 billion suit against Mike Lynch's estate after he died in a tragic yacht sinking

HPE says it will continue to pursue its $4 billion lawsuit against Mike Lynch's estate.
Lynch, along with his daughter and top attorney, died when his superyacht sank in August.
Lynch and the company had been involved in a nine-year legal battle over the sale of Autonomy.

Hewlett Packard Enterprise said Monday that it wouldn't drop its lawsuit against the late tech tycoon Mike Lynch 's estate.

The news came two weeks after Lynch died in a tragic yacht sinking off the coast of Sicily. Lynch, along with seven others, including his daughter and his top attorney , drowned when his superyacht, Bayesian, sank.

Before his death, Lynch had been embroiled in a long legal battle with the company. Hewlett-Packard bought his software company, Autonomy, in 2011 and later accused Lynch of valuing it inaccurately. Hewlett-Packard broke into two companies — Hewlett Packard Enterprise and HP — in 2015.

An HPE spokesperson said Monday that the company would continue to pursue the lawsuit, which seeks $4 billion in damages.

Lynch's wife, Angela Bacares, who survived the yacht tragedy, is expected to inherit her husband's fight, Fortune reported .

"In 2022, an English High Court judge ruled that HPE had substantially succeeded in its civil fraud claims against Dr Lynch and Mr Hussain," the spokesperson said Monday in a statement to The Associated Press .

My Legacy: Inside Codecasa's 56m superyacht that champions traditionalism

A new custom-built Codecasa My Legacy celebrates the best of Italy’s tradition with an opulence that’s becoming rare. Clare Mahon looks beyond the brocade.

Its name and classical interior may suggest otherwise but the 55.8 metre Codecasa My Legacy , delivered in 2021, will not be this owner’s last hoorah. “I have owned a few yachts in my lifetime and My Legacy is my largest to date, but she won’t be my ‘forever’ yacht,” he says.

This isn’t his first time working with Codecasa either; he’s already built two yachts with the boutique Italian shipyard. Founded in 1825, the business is in the hands of three generations of the Codecasa family, and that is part of the charm. The continuity has allowed the owner to work with the same group of architects and designers on his projects. “I have a good relationship with the Codecasa family, especially with the CEO, Mr Ennio (Buonomo),” he says. “It was that good relationship, their ability to meet my needs and the fact that it’s a quality, family shipyard that brought me back.”

The shipyard is low key, a bit mysterious even, despite and perhaps because of its high-profile clients, many (but certainly not exclusively) from within Italy. Giorgio Armani , Stefano Gabbana and the late Leonardo Del Vecchio, all passionate yachtsmen, are just a few of Codecasa’s repeat clients. The builder likely owes this following to its tradition of craftmanship and willingness to build what clients dream up, although it also offers semi-custom yachts on pre-engineered platforms.

The owner's previous boat was one of these semi-custom yachts, part of the shipyard’s Vintage line. With its nearly vertical bow, protected side decks and window mullions, the yacht is so classically graceful that you would expect a rounded stern, but it has a more modern beach platform for easy access to the water. The owner initially intended to do a slight refit of his much-loved Vintage yacht but that proved unpractical, according to designer Tommaso Spadolini .

“When he realised that it wasn’t going to be possible to change her to meet his needs, he decided to go with a new build, slightly larger and a bit more comfortable,” says the Florentine architect who created My Legacy ’s classic interior. That classic interior was the focus of the brief.

“The style reflects [the owner’s] personal style. We improved on some aspects of the previous yacht that didn’t work well for the owner and his guests,” the designer says. For instance, they did away with a guest cabin to create a large VIP suite on the lower deck. “The first (smaller) yacht had four lower deck cabins while My Legacy has three, one of which is a real, full beam VIP, a better option for the owner’s guests.”

The owner kept the paint scheme from his previous yacht – white hull and superstructure with thin red stripes at the waterline – and details such as the satellite domes. The new My Legacy , however, is a full custom yacht with a steel hull and superstructure in aluminium. The exterior design by Codecasa retains a classic, evergreen style but with modern cues, such as a continuous sweep of glass that open the main deck to great views.

The aft guest cockpit is a classic hospitality space with a banquette and wicker furniture shaded by the overhang. The outdoors-friendly textiles are from Pierre Frey and Gaston y Daniela. While comfortably luxurious, nothing here hints at the opulence of the main deck saloon. Opening the doors provides a wow effect, revealing ruby red silk upholstery set in gilded furnishings, double drapes with tassels and tiebacks and abundant cut crystal and gilded bronze. Precious mahogany marquetry, ceiling panels, custom wall-to-wall carpeting and tone-on-tone Rosso Francia marble complete the decor.

What makes this decor exceptional is the level and kind of craftsmanship, Spadolini says. It has been handed down from generation to generation. As a result, the yacht’s interior is “a timeless classic style with special attention to materials and fabrics and valuable pieces of art.”

Gilded side chairs, couches and tables are by DL Decor, a company that has specialised in the production of furniture in classic and traditional styles since the mid-1900s, and furniture maker Zanaboni. Both are family-run businesses based in the Brianza region. Gilded bronze and cut crystal pieces are by Badari Firenze, another historic company that started with classic crystal chandeliers. Sumptuous silk damasks, brocades and other luxurious fabrics used aboard are by Loris Zanca, based in Verona. Spadolini says the knowledgeable owner chose all the materials. “You can see the care and attention that has gone into every tiny thing.”

The owner requested the same woodworkers who had worked on his previous yacht. “He wanted marquetry that is as beautiful as a work of art,” he says. “The panels were produced one by one, with each of the tiny pieces positioned and laid by hand; it’s an Italian tradition that all the world envies. No machine can achieve this quality; you can feel the passion for handcraft that has gone into creating it.”

Located in Viareggio, the shipyard maintains a network of reliable craftsmen. “We have a pool of local artisans we can turn to for any range of custom jobs,” Ennio Buonomo says. “Here in Viareggio, we have Simone Lari’s Falegnameria Stilnavi for woodwork and Crilu for custom upholstery, just to name a couple. We can source and produce practically anything to suit any taste while keeping the highest quality standard.”

The pandemic was one of the project’s challenges when it came to selecting materials. “Fabrics are very tricky to choose via video call,” Spadolini says. “We agreed to go ahead with a certain selection knowing that we would probably change (a few items), and that’s the way it went.” For example, after a first season in the Mediterranean, the owner decided to change a couple of sofas and table. “We also changed the colour scheme (in the sky lounge) to stay closer to the reds and golds used in the rest of the yacht.”

The sky lounge with its views and the bridge deck aft, with its large dining table shaded by the overhang, are the owner and his family’s favourite spots aboard.

The yacht’s exterior is designed for relaxation and easy access. An elevator reaches the sun deck. Here a Jacuzzi lined with turquoise and gold mosaic and surrounding sun pads can be shaded by an awning. The upper deck overhang shades the aft lounging area, which offers spaces for casual dining. The elegant fabrics are water resistant, just in case, although Spadolini says no one would gather at the table in wet bathing suits. That’s not the family’s style.

Still the yacht is water friendly. Its swim platform is long and wide, and its sturdy swim ladder provides easy and safe water access. For a little more recreation and docking space, an inflatable extension by SeaRaft can be fitted to the transom and forms a sea pool that keeps out marine life. And when the sun goes down, the yacht has more than two dozen flat screen TVs so that everyone aboard can stay up with news coverage or entertainment.

The owner kept some of the design cues from his former yacht, but more importantly, he’s brought over most of his crew. “I see My Legacy as a second home,” the owner says. “The crew takes care of us, so we look after them in return.” Suffice to look at the bridge, which is finished in red leather and briar root wood and the deep red leather helm seats in front of it, to know that the captain and crew are valued.

In a sea of sameness, My Legacy stands out with its unabashedly classic interior, individuality and as a testament to Italy’s long tradition of craftmanship.

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Questions for Investigators Trying to Unravel Mystery of Luxury Yacht’s Sinking

The investigators searching for answers about the shipwreck, leaving seven dead, face questions about extreme weather and possible human error or problems with the yacht itself.

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Two small boats with outboard motors make their way across the water.

By Alan Yuhas

More than 180 feet long, with a mast towering about 240 feet and a keel that could be lowered for greater stability, the Bayesian luxury yacht did not, in the eyes of its maker, have the vulnerabilities of a ship that would easily sink.

“It drives me insane,” Giovanni Costantino, the chief executive of the Italian Sea Group, which in 2022 bought the company that made the ship, said after its wreck last week. “Following all the proper procedures, that boat is unsinkable.”

But the $40 million sailing yacht sank within minutes and with fatal results: seven dead, including the British technology billionaire Michael Lynch, his teenage daughter, four of Mr. Lynch’s friends and a member of the crew. Fifteen people, including the captain, escaped on a lifeboat.

Mr. Lynch had invited family, friends and part of his legal team on a cruise in the Mediterranean to celebrate his acquittal in June of fraud charges tied to the sale of his company to the tech giant Hewlett-Packard.

The Italian authorities have opened a manslaughter investigation, searching for answers from the survivors, the manufacturer and the wreck itself. They face a range of questions and possible factors.

An ‘earthquake’ in the sky?

When the Bayesian sank around 4 a.m. on Aug. 19, the waters in its area, about half a mile off the Sicilian port of Porticello, were transformed by an extremely sudden and violent storm, according to fishermen, a captain in the area and meteorologists.

But what kind of storm is still a mystery, compounded by the fact that a sailing schooner anchored nearby did not have its own disaster. Also unclear is whether the crew was aware that the Italian authorities had issued general warnings about bad weather the night before.

Karsten Börner, the captain of the nearby passenger ship, said he’d had to steady his ship during “really violent” winds . During the storm, he said, the Bayesian seemed to disappear behind his ship.

Severe lightning and strong gusts were registered by the Italian Air Force’s Center for Aerospace Meteorology and Climatology, according to Attilio Di Diodato, its director. “It was very intense and brief in duration,” he said.

The yacht, he said, had most likely been hit by a fierce downburst — a blast of powerful wind surging down during a thunderstorm. His agency put out rough-sea warnings the previous evening, alerting sailors about possible storms.

Locals have said the winds “felt like an earthquake.” A fisherman in Porticello said that he had seen a flare go off in the early-morning hours. His brother ventured to the site once the weather had calmed about 20 minutes later, he said, finding only floating cushions.

The Italian authorities have so far declined to say whether investigators had seen any structural damage to the hull or other parts of the ship.

Open hatches or doors?

The boat executive, Mr. Costantino, has argued that the Bayesian was an extremely safe vessel that could list even to 75 degrees without capsizing. His company, the Italian Sea Group, in 2022 bought the yacht’s manufacturer, Perini Navi, which launched the ship in 2008.

Mr. Costantino said that if some of the hatches on the side and in the stern, or some of the deck doors, had been open, the boat could have taken on water and sunk. Standard procedure in such storms, he said, would be to switch on the engine, lift the anchor and turn the boat into the wind, lowering the keel for extra stability, closing doors and gathering the guests in the main hall inside the deck.

At a news conference on Saturday, almost a week after the sinking, investigators said the yacht had sunk at an angle , with its stern — where the heavy engine was — having gone down first. The wreck was found lying on its right side at the bottom of a bay, about 165 feet deep.

12 guests occupied the yacht’s six cabins. There were also 10 crew members.

Open hatches, doors and cabin windows could have let in water during a storm, according to the manufacturer.

Open hatches, doors and

cabin windows could

have let in water

during a storm,

according to the

manufacturer.

Source: Superyacht Times, YachtCharterFleet, MarineTraffic

By Veronica Penney

Water pouring into open hatches or doors could have contributed to the sinking, experts say, but that on its own may not account for the speed at which such a large boat vanished underwater.

Asked about the hatches at the news conference, the authorities declined to comment on whether they had been found open at the wreck.

The authorities have also not specified whether the boat had been anchored, whether it was under power at the time or whether its sails had been unfurled.

A retracted keel?

The Bayesian had a keel — the fin-like structure beneath a boat that can help stabilize it — that could be retracted or extended, according to its manufacturer. On some yachts, keels can be raised to let the large vessel dock in shallower water, and extended downward to help keep a boat level.

But like the hatches, the status of the keel alone may not explain why a large ship sank with such precipitous speed. Investigators have not disclosed what divers may have seen at the wreck, aside from saying divers had faced obstacles like furnishings and electrical wiring in tight quarters. Officials want to raise the wreck to better examine it, a process that may take weeks.

Human error?

Ambrogio Cartosio, the prosecutor in charge of the case, said at the news conference that it was “plausible” crimes had been committed, but that investigators had not zeroed in on any potential suspects.

“There could be responsibilities of the captain only,” he said. “There could be responsibilities of the whole crew. There could be responsibilities of the boat makers. Or there could be responsibilities of those who were in charge of surveilling the boat.”

It remains unclear what kind of emergency training or preparation took place before the disaster, or what kind of coordination there was during it. So far, none of the surviving crew members have made a public statement about what happened the night the ship sank.

Prosecutors said they want to ask more questions of the captain and crew, who have been in a Sicilian hotel with other survivors. They said that neither alcohol nor drug tests had been performed on crew members, and that they have been allowed to leave Italy.

Prosecutors also said they were also investigating why the captain, an experienced sailor, left the sinking boat while some passengers were still on board.

Besides possible manslaughter charges, the authorities are investigating the possibility of a negligently caused shipwreck.

The bodies of five passengers were found in one cabin, on the left side of the yacht, the authorities said. The five were most likely trying to flee to the higher side of the boat and were probably sleeping when the boat started to sink, they said.

Sinking of a superyacht adds to questions billionaire Mike Lynch wanted to put behind him

On left, head shot of Mike Lynch. On right, a view of his yacht, the Bayesian

It was a sunny August morning when software entrepreneur Mike Lynch, 59, gathered 10 of his closest friends along with his wife and daughter on the dock of Porto di Milazzo, on the northern coast of Sicily. They had come to celebrate his freedom. Only months before, several of the guests played crucial roles in persuading a San Francisco jury to acquit Lynch of federal charges related to the sale of his software firm Autonomy to HP for $11 billion.

Five days after the yacht left port, Lynch, his daughter, four guests, and a hired chef were dead in the Mediterranean Sea after a storm flooded the ship. The drowned included the chairman of Morgan Stanley International, a star witness at Lynch’s trial, as well as one of Lynch’s lead defense attorneys. Among the survivors were a former Autonomy exec who went on to become a partner at Lynch’s venture capital firm, a second member of his defense team, and Lynch’s wife, who reportedly owns nearly all his fortune. The same day of the drowning, U.K. news outlets reported that Lynch’s codefendant in the fraud trial, Stephen Chamberlain, who had also been acquitted, had been fatally run over by a car as he was out jogging—a shocking coincidence.

Less than a week after the tragedy, there are far more questions than answers. Did the yacht named Bayesian —an homage to a statistical theorem for predicting future outcomes—simply fall victim to a terrible storm? How did most of the crew and a few passengers escape, and why couldn’t they reach Lynch and the six others who did not make it out? Italian officials are looking into manslaughter charges, but it’s not yet clear who they may have in their crosshairs. Giovanni Costantino, who runs the Italian Sea Group that owns Perini Navi, the Italian maker of the yacht, had harsh words for the crew, whom he blames. “This is the mistake that cries out for vengeance,” he told Reuters .

There are also huge questions swirling around the business ventures of the man dubbed the “British Bill Gates.” While the Bayesian excursion was to serve as a celebration of Lynch’s acquittal on all charges in the U.S.—where he had spent months under house arrest—the reality is that his legal troubles were far from over. In a January 2022 civil trial, the U.K.’s High Court found that the company, which by then had changed its name to Hewlett Packard Enterprise (HPE), had “substantially succeeded” in proving that Autonomy leaders had fraudulently made it look like the company was earning more revenue than it was. In 2019 Autonomy’s CFO was convicted of 16 counts and sentenced to five years in prison. At this time, the U.K. case is in a holding pattern as the judge determines what damages are owed to HPE. (The company’s spokesperson Adam Bauer says HPE is “saddened by this tragic event, and our thoughts are with the families and friends of all those who lost their lives.”)

But Lynch’s passing also looms over Invoke Capital, the venture firm he founded in 2011 and whose managing partner—Charlotte Golunski—survived the yacht disaster and saved her 1-year-old baby. One of Invoke’s most prominent bets was a 2013 seed-stage investment in Darktrace, a cybersecurity firm on whose board Lynch sat until 2018. Darktrace has developed a reputation as a sleek AI cybersecurity startup with ties to spy agencies like MI5 and the U.S. National Security Agency. It also became the target of short-sellers who in 2023 expressed doubt over Darktrace’s financial filings—the same sort of allegations that plagued Lynch’s Autonomy.

Darktrace insists that the short-sellers’ allegations were baseless, and they say an EY audit it commissioned showed this to be the case. In April Darktrace received a $5.3 billion acquisition offer from the giant private equity firm Thoma Bravo. The deal, which Fortune reported will likely go forward despite Lynch’s death, stood to help rehabilitate Lynch’s business reputation. As of Aug. 14, he and his wife collectively owned 3.21% of the company, which would be worth some $170 million upon the deal’s completion. Invoke Capital has not responded to multiple requests for comment, and Darktrace declined to comment.

Following his U.S. acquittal, Lynch was pleased enough with the state of things that he had begun celebrating weeks before the yacht party. In the days following the not-guilty verdict, Lynch and his wife; Stephen Chamberlain and his wife; the attorney Chris Morvillo—who drowned on the Bayesian —and 20 other lawyers gathered at a restaurant at a hotel near the San Francisco courthouse.

Brian Heberlig, an attorney at Steptoe who gave the closing argument in Lynch’s trial, recalls that Morvillo gave a moving toast, telling those assembled that the trial was more than just a job, but one of their life’s works. “He really was a brilliant man,” Heberlig told Fortune , fighting back tears as he remembered Lynch. “And he ran his legal defense the same way I imagine he ran Autonomy. He let the experts do their jobs, while still having a strong grasp on the material. As he used to say, ‘Let the brain surgeons do the surgery.’”

That night was the last time Heberlig ever saw Lynch or Morvillo.

A ‘virtually unsinkable’ boat

The sailing party departed Aug. 14—five days before the storm—and comprised 12 guests and 10 crew members. The Bayesian was one of the biggest yachts of its kind. Its first stop was a cluster of small islands off the coast of Sicily. Then it jetted across the sea to the Sicilian town of Cefalù, before putting down anchor for the final time on the coast of Palermo, a favorite getaway for the rich and famous, and a former haunt for the Mafia.

Lynch’s wife, Angela Bacares, who reportedly held the couple’s entire $1.1 billion fortune, was jolted awake on Aug. 18 as the boat began to tilt. Glass from a shattered window exploded across the deck, according to reports, cutting her feet as she ran to investigate.

Black and white security footage appears to show the outline of what is believed to be the 184-foot sailing yacht, which used call sign 2ICB8, slowly disappearing behind a thicker and thicker veil of rain. Nearby villagers and fishermen say they saw a sea tornado called a waterspout. Soon after, the yacht lay on the ocean floor.

Theories are swirling about why the yacht sank. One holds that a bay door was left open in the storm, causing the ship to flood and sink in minutes. Another holds that the Bayesian’ s 246-foot-tall aluminum mast—one of the tallest in the world— broke in the wind and took the boat down with it.

Most news reports say the yacht sank almost instantly, but the CEO of the company that bought the boat’s maker after it went bankrupt in 2021 disputes that. In a Financial Times report, he called the boat “virtually unsinkable,” and says that it dragged its anchor for 16 minutes before it sank.

During those fateful moments, a far older nearby yacht, the Sir Robert Baden Powell, built in 1957, was drifting on a similar course as the Bayesian and not only survived, but also came to help. Some onboard saw a red flare shooting across the rainy sky—an emergency signal from those who had fled the doomed yacht, drawing the attention to a life raft filled with 15 of the 22 passengers.

Passenger Golunski, 35, who helped run Autonomy the first year it was at HP, described holding her 1-year old daughter Sophia as she screamed for help. One of Lynch’s most trusted employees, Golunski was a founding partner at Invoke Capital, the London-based firm that backed Darktrace. Lynch’s wife Bacares was also in the life raft along with Clifford Chance lawyer Ayla Ronald, 36, who reportedly texted to her father: “there are deaths.”

The lifeboat survivors were soon plucked from the sea while the Bayesian came to its current resting place 50 meters below the surface. Over the course of the next 72 hours, a team of scuba divers from the Guardia Costiera and specially trained cave divers from the Vigili del Fuoco, the local fire department, used boats and a helicopter to triangulate the yacht’s position. The divers, working in bursts of 8 to 12 minutes, searched the Bayesian’ s six guest suites, master suite, multiple living areas, and dining room.

The body of the yacht’s chef, Recaldo Thomas, was the first to be found, floating on the water’s surface. On Wednesday, two days after the wreck, four more bodies were discovered, and on Thursday a fifth. Among them were Lynch and Chris Morvillo of the prestigious law firm Clifford Chance, who had made the controversial decision to have Lynch testify, and questioned him on the stand right before he was acquitted. The others discovered were Morvillo’s wife, Neda, as well as the Morgan Stanley banker and key witness Jonathan Bloomer, who had been a former executive director at Autonomy, and his wife, Judy. The body of Lynch’s 18-year-old daughter, Hannah, was pulled from the sea on Friday.

Photo of Hannah Lynch and her father, Mike

The U.K. Maritime and Coastguard Agency tells Fortune it is in contact with the Italian authorities but would not provide further information. The U.K.’s Foreign Office told Fortune it is providing “consular support to a number of British nationals and their families…and are in contact with the local authorities.”

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At Yacht Bible we strive to keep the information as up-to-date as possible by following the sale history of each of the yachts listed in order to bring you the latest information on the owners to add an extra layer of insight into the world of the wealthy. We respect owners' rights to privacy so any owner featured on our database is free to ...
On board 80m Excellence with owner Herb Chambers
Herb Chambers' sixth Excellence is an 80 metre Abeking & Rasmussen. Image courtesy of Claus Schaefe. "I am not into sports," explains Herb Chambers, her owner, as we chat in his office near Boston a few days before the big hoopla in Miami. What he loves are cars, boats and, many years after making it big in the business world, work.
Who is Robert Pereira?
He is the owner of the yacht MY SEANNA.Update: he sold the yacht in July 2021, she is now named Starship. The STARSHIP yacht, previously known as Gallant Lady, is a symbol of luxury yachting.. Boasts impressive specs with a maximum speed of 14 knots and a cruising range of over 3000 nautical miles.
The human side of yacht ownership
American superyacht owner Carl Allen is a prime example of these philanthropic yacht owners. After selling his company, and having enjoyed chartering and owning yachts as a family for years, Allen set up Allen Explorations to deliver a full programme of projects, ranging from historical shipwreck searches and environmental research to disaster ...
Superyacht Owners' Experiences: Owner Interviews
Sailing Yacht owners. Owners' Experiences. On board with Guy Laliberté, owner of 54m sailing yacht Tiara. Owners' Experiences. Extreme cruises: Sailing through the Mergui Archipelago on 37m Escapade. Owners' tips. Owner's advice. Top tips for buying your first yacht. Owners' Experiences.
Do You Need a License to Drive a Yacht?
May 15, 2021. Owning a yacht embodies luxury, freedom, and adventure on the open waters. However, amid the allure of yacht ownership, there's a critical aspect often overlooked—the necessity of possessing a valid yacht license. This article delves into why having a license to drive a yacht is indispensable for aspiring owners.
Motor Yacht A: Everything You Want To Know
The ship runs on a pair of MAN RK280 diesel engines. These supply around 9,000 kW (12,000 hp). The top speed is around 23 knots with a cruising speed of 19 knots. With a 750,000 L/200,000 gallon fuel capacity, Super Yacht A has a range of 6,500 nautical miles.
How to Sell A Yacht: Expert Advice From A Superyacht Broker
A yacht broker's responsibilities include: Market intelligence. They have a record of which boats have sold, and at what price, and how long it took to sell. Visiting your yacht to determine its value in accordance with the current market. Valuing similar boats that can compete with your yacht to get a better understanding of competitors.
Owner's Search
Search for any superyacht (24m/78ft+) by name in the field above. We scour our extensive superyacht database. Find out where it ranks today and where it ranked when it was launched. Search for any luxury yacht or superyacht to find out where it ranks in size in the global superyacht fleet.
Boat Rentals & Yacht Charters
Chat with boat owners to customize the perfect trip. Meet your captain and get out onto the water! Adventures of All Kinds. Yachts. From mid-size to mega yachts, these luxury boats are great for groups and celebrations ... "Being my first time booking a boat through Getmyboat I have to say it was an awesome experience! We all had a blast ...
Boat Rentals by Owners: What to Expect
First-Time Boat Owner Checklist; At this point, your boat is well on its way to joining more than 50,000 boats in 700 locations worldwide on the Boatsetter platform. Boat rentals by owners are a great solution to the longtime problem of boats going unused. Don't let your boat sit idly by; join more than 50,000 boats in 700 locations worldwide.
Yacht Mustique in Below Deck Med: Learn All About Her
Her weekly base rate is from €230,000 to €250,000, plus expenses. Mustique is the latest in a long line of yachts in TV's Below Deck franchise available for charter. Below Deck Mediterranean season 7's Home, for example, charters for a weekly base rate of $245,000. The most expensive charter yacht on the show so far, meanwhile, is St ...
Chartering Your Own Yacht
As a yacht owner, you can definitely earn a profit by chartering your yacht and offset your costs. Here's the breakdown: The price of the charter depends on the market, the size, model, condition of your boat, the number of cabins, etc. The expenses which you must take into account as the boat owner include: insurance. registration.
Channel James Bond Aboard The 190-Foot Superyacht 'Skyfall'
SKYFALL was built by American luxury motor yacht builder Trinity Yachts in 2010 for the shipyard's owner. "SKYFALL is the most exquisite superyacht ever delivered by Trinity Yachts and is a ...
How safe are luxury yachts? What to know after Mike Lynch yacht
Yacht owners install million-dollar, AI-powered security systems. Piracy on yachts is even rarer than sudden storms - only two cases were reported between 2019 and 2023, ...
Mike Lynch's Friend Reveals What Life Was Like on Yacht Before it Sunk
Mike Lynch's friend and former colleague has detailed his relationship with the late tech entrepreneur and what the 'Bayesian' yacht was like following its sinking off the coast of Sicily on Aug ...
ARTEFACT Yacht • Mike Lazaridis $150M Superyacht
As a Canadian businessman and philanthropist, Mike Lazaridis is best known for co-founding and formerly co-CEO of BlackBerry Limited (previously known as Research In Motion or RIM). He established the company in 1984 and held the co-CEO position until 2012. The Artefact yacht's estimated value is $150 million, with annual running costs of ...
Superyacht captain's side hustle brings in $10,300 a month ...
Superyacht captain Kelly Gordon combined her travel, boating and mental health experiences to start a side hustle that brings in six figures of annual revenue.
HP Confirms It Will Continue to Sue Mike Lynch's Estate for $4 Billion
The yacht sank just weeks after Lynch and Stephen Chamberlain, his former vice president of finance, were acquitted by a San Francisco jury in June of all criminal charges related to Autonomy's sale.
Bayesian yacht captain faces manslaughter probe after deadly ...
The CEO of the firm that owns the boat's manufacturer, The Italian Sea Group, claimed the yacht was "unsinkable." Giovanni Costantino told Sky News sailing ships "are the safest in the ...
Inside Codecasa's 56m superyacht My Legacy
The owner kept the paint scheme from his previous yacht - white hull and superstructure with thin red stripes at the waterline - and details such as the satellite domes. The new My Legacy, however, is a full custom yacht with a steel hull and superstructure in aluminium. The exterior design by Codecasa retains a classic, evergreen style but ...
Hewlett Packard won't drop its $4 billion UK claim against Mike ...
London — Hewlett Packard Enterprise has said it won't drop its UK claim for damages against the estate of British tech mogul Mike Lynch, who died when his superyacht sank last month.
Questions for Investigators as Italy Tries to Unravel the Yacht's
The boat executive, Mr. Costantino, has argued that the Bayesian was an extremely safe vessel that could list even to 75 degrees without capsizing. His company, the Italian Sea Group, in 2022 ...
Italian authorities open manslaughter investigation into superyacht
Authorities in Italy have opened a manslaughter investigation into the sinking of superyacht, the Bayesian, which killed seven people off the coast of Sicily earlier this week.
The sinking of Mike Lynch's super yacht adds to questions about
A 'virtually unsinkable' boat The sailing party departed Aug. 14—five days before the storm—and comprised 12 guests and 10 crew members. The Bayesian was one of the biggest yachts of its kind.