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Rising Sun yacht: The luxurious world of Larry Ellison and David Geffen’s nautical retreat

Rising Sun is a notable super yacht known for its size and high-profile owners. Here are some key details about the Rising Sun yacht.

Brief Overview

Rising Sun was originally built for American business magnate Larry Ellison , the co-founder of Oracle Corporation. However, Ellison later sold a significant portion of the yacht to music and film producer David Geffen. Today it is co-owned by Larry Ellison and David Geffen.

Rising Sun is approximately 454 feet (138 meters) in length, making it one of the largest yachts in the world at the time. Its impressive size allows for a wide range of amenities and luxuries.

Design and Features

The yacht boasts a stunning exterior design and a luxurious interior. It’s equipped with multiple decks, a swimming pool, a basketball court that can be converted into a helipad, and a variety of dining and entertainment spaces. The interior features opulent staterooms and lounges.

Cruising Range

Rising Sun is powered by powerful engines, which give it a a top speed of around 28 knots (about 32 mph or 52 km/h). This allows the yacht to cover vast distances on the open sea.

Part 1: Ownership of Rising Sun

Who are the notable owners of the rising sun yacht.

The Rising Sun yacht is co-owned by two prominent figures in the world of business and entertainment: Larry Ellison and David Geffen.

Who is Larry Ellison?

Larry Ellison is a renowned American entrepreneur and the co-founder of Oracle Corporation, one of the world’s leading software and cloud computing companies. With his immense success in the tech industry, Ellison has amassed substantial wealth and has used some of it to indulge in a life of luxury, including the ownership of Rising Sun.

Who is David Geffen?

David Geffen is a prominent figure in the entertainment industry. He is a music and film producer, co-founder of Asylum Records, and a co-founder of DreamWorks SKG. Geffen is known for his influence in the world of entertainment and, like Ellison, enjoys the opulent lifestyle provided by the Rising Sun yacht.

Part 2: Size, Design, and Features

How large is the rising sun yacht.

Rising Sun is a colossal super yacht, measuring approximately 454 feet (138 meters) in length. Its vast dimensions are a testament to its opulence and the array of amenities it offers.

What are the design and features of Rising Sun?

Rising Sun is an architectural marvel, featuring a stunning exterior design and an interior that exudes luxury. Onboard, guests can enjoy multiple decks, a lavish swimming pool, a basketball court that converts into a helipad, and a variety of dining and entertainment spaces. The interior is adorned with opulent staterooms and lounges, making it a floating palace on the seas.

Part 3: Cruising Range of Rising Sun

What is the cruising range of the rising sun yacht.

Thanks to its powerful engines, Rising Sun has an impressive cruising speed of approximately 28 knots, which translates to about 32 miles per hour (52 kilometers per hour). This remarkable speed allows the yacht to cover vast distances during its journeys across the ocean, providing its passengers with access to a wide range of destinations.

Part 4: Notable Guests of Rising Sun

Who are some of the notable guests who have been aboard rising sun.

Rising Sun has been a favored choice for hosting celebrities and high-profile events. Some of the notable guests who have had the privilege of experiencing the yacht’s luxury include:

• Oprah Winfrey : The iconic talk show host and media mogul has been spotted aboard Rising Sun, enjoying the yacht’s lavish amenities.
• Steven Spielberg : The renowned filmmaker and director has also graced the decks of Rising Sun, adding a touch of Hollywood glamour to its guest list.
• Tom Hanks : The beloved actor Tom Hanks has enjoyed the yacht’s hospitality during his time on the open seas.
• Bruce Springsteen : The rock legend Bruce Springsteen is another famous personality who has been a guest aboard Rising Sun, making his voyages truly unforgettable.

What makes Rising Sun a preferred choice for such guests?

Rising Sun’s opulent interior, world-class amenities, and exceptional service make it a sought-after destination for celebrities and high-profile individuals. Its spacious decks and luxurious accommodations provide the perfect backdrop for relaxation and entertainment, ensuring that every voyage is a memorable experience for its guests.

In conclusion, the Rising Sun yacht, co-owned by Larry Ellison and David Geffen, represents the epitome of luxury on the high seas. With its impressive size, breathtaking design, remarkable cruising range, and a list of notable guests that includes some of the biggest names in entertainment and business, it continues to be a symbol of opulence and indulgence in the world of super yachts. Whether you’re interested in its ownership, design, or the celebrities who have graced its decks, the Rising Sun yacht is a true icon of maritime luxury.

Technical specifications and additional details about the Rising Sun yacht

Length: Approximately 454 feet (138 meters)

Rising Sun has a steel hull and aluminum superstructure with a beam of 18.5m (60.70ft) and a 5m (16.40ft) draft.

Estimated to be around 7,500 tons

Cruising Speed: Approximately 28 knots (32 mph or 52 km/h)

Maximum Speed: Around 30 knots (34.5 mph or 55.5 km/h)

Crew Members

The Rising Sun yacht typically employs a large crew to ensure top-notch service and maintenance. The exact number can vary but may range from around 45 to 55 crew members, including officers, chefs, stewards, and technical staff.

Positions of Crew Members

The crew members on Rising Sun are organized into various departments, including deck, engineering, interior, and more. Specific positions can include captain, first officer, stewardesses, engineers, deckhands, and chefs, among others.

Number of Rooms

Rising Sun boasts an impressive number of rooms and accommodations, including numerous staterooms and suites for guests. While the exact count can vary, it typically offers accommodations for around 16 to 18 guests.

Other Amenities

Rising Sun offers a wide range of luxurious amenities, including:

• Multiple dining areas for formal and casual dining experiences.
• A stunning swimming pool with jacuzzi features on the deck.
• A basketball court that can be converted into a helipad.
• A dedicated cinema room for entertainment.
• An on-deck bar for social gatherings.
• A gymnasium and spa facilities for guests to relax and stay active during their voyage.
• A high-quality audio-visual entertainment system throughout the yacht.
• A library and study area for quiet moments.

Support Vehicles

Super yachts like Rising Sun often come equipped with support vessels, such as smaller boats and jet skis, for various recreational activities and transportation to and from shore.

Additional Information

• Rising Sun is equipped with state-of-the-art navigation and communication systems to ensure safety and efficient travel.
• The yacht’s interior is designed with opulent materials, including marble and rare woods, adding to its luxurious atmosphere.
• It has a range of environmental and sustainability features, including advanced waste management and energy-efficient systems.

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RISING SUN Yacht – Exceptional $400M Superyacht

RISING SUN yacht is currently the 16th largest motor yacht in the world at a length of 138.6 meters (454 ft).

She was built by Luerssen in Bremen, Germany, and launched in June of 2004.

RISING SUN yacht interior

The interior of the RISING SUN yacht was styled by Seccombe Design, a small and highly specialized design company. The 138.6 meter-long vessel was their largest project to date. She was last refitted in 2011 and fully updated to fit modern standards. The interior of RISING SUN is classically styled with lots of dark elements and wooden features.

She comes with a gym, a grand piano, multiple swimming pools, a beauty salon, and a spa which includes a sauna.

Sixteen guests can be welcomed aboard the super yacht’s eight suites. A further 45 crew members find space in 30 cabins below the deck.

Specifications

The RISING SUN yacht is powered by four MTU engines which allow her to reach top speeds of up to 30 knots although her cruising speed lies at 26 knots.

She was built by Luerssen , one of the most famous shipyards for luxury yachts in the world. Her total volume lies at 7841 tons making her one of the largest motor yachts in the world not only by length but also weight.

Her beam measures 19 meters (62.4 ft) and her draft is 4.85 meters (15.1 ft). The built-in at-anchor stabilizers allow her guests to be comfortable even during rough seas.

The exterior of the RISING SUN yacht was developed by the superyacht designers Bannenberg & Rowell.

Dickie Baneberg’s father was one of the most legendary designers of all time in the industry, sometimes even called the father of yacht design.

His son is continuing his legacy and elements of Jon Bannenberg’s style can still be recognized in this work. With her many separate windows RISING SUN almost looks like a small cruise ship.

She is all-white, in classical yacht design with a steel hull and aluminum superstructure. In addition to her covered decks, she features a large open-air space at the bow as well as one at the aft of the vessel.

The RISING SUN yacht originally cost an estimated US $200 million when she was launched in 2004. However, due to refits and sales RISING SUN is now valued at a price of US $570 million.

Her annual running costs lie somewhere between US $25 and 40 million.

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Motor Yacht

Rising Sun is a 138,4m (454'1''ft) motor yacht, custom built in 2004 by Lurssen Yachts. The yacht's interior has been designed by Seccombe Design. She was last refitted in 2007.

Rising Sun has a steel hull and aluminium superstructure with a beam of 18.5m (60.70ft) and a 5m (16.40ft) draft. Performance + Capabilities Rising Sun is capable of 28 knots flat out, with a cruising speed of 26 knots. Rising Sun Accommodation Rising Sun offers accommodation for up to 16 guests. She is also capable of carrying up to 45 crew onboard to ensure a relaxed luxury yacht experience.

• Yacht Builder Lurssen Yachts View profile
• Naval Architect Lurssen Yachts View profile
• Exterior Designer Jon Bannenberg No profile available
• Interior Designer Seccombe Design No profile available

Yacht Specs

Other lurssen yachts, related news.

A Closer Look at the $200 Million Rising Sun Superyacht

There are a few different categories of yachts in the world. As a yacht enthusiast you might hear a few different terms being thrown around in the descriptions, such as Super yacht up to 100 feet in length or Mega yacht up to 300 feet. These are the larger water craft and there is even a giga yacht which are those that are over 300 feet in length. With this in mind, the Rising Sun, which is often referred to as a Super yacht far exceeds the parameters set for the classification, so if we’re going to be particular about the classification, we’d call it a Giga yacht. However it’s categorized, the Rising Sun is one of the most amazing private yachts afloat and we’re going to take a closer look at the features which make this multi-million dollar ship so special.

Rising Sun Yacht built by Lurssen: A Celebrity Choice

This yacht has hosted some of the most celebrated personalities in the film and record industry as well as the political arena. Barack and Michelle Obama were seen vacationing on the Rising Sun in 2017, and it’s also hosted Hollywood stars including Oprah Winfrey , Julia Roberts , Leonardo DeCaprio, Tom Hanks and others. The co-founder of Dreamworks, film producer and record executive David Geffen is the owner of the Rising Sun, which ranks as the 9th largest yacht in the world, currently. Depending on which source you consult, the cost to build this giant is estimated to be $200 million and some have it as high as $400 million but we believe that the base cost was the latter and the extra figures come from upgrades .

The history of the Rising Sun

The Rising Sun is the commissioned craft of its first owner Larry Ellison, who partnered with David Geffen and is the current CEO of the Oracle Corporation. He ordered the building of the ship from the German shipbuilding company Lürssen . The Rising Sun is the design of Jon Bannenberg, who has since passed away. The ship was delivered to Mr. Ellison in 2004, who shared ownership with David Geffen until 2010, when he decided that it was too large, so he sold his share to Geffen, who is now the sole owner of the yacht and Ellison bought a smaller yacht.

Specifications and details

The Rising Sun yacht is constructed of a strong aluminum superstructure with a displacement steel hull and teak decks, in accordance with Germanischer Lloyd classification society rules. The ship requires 4 MTU 12,061 horsepower diesel engines to propel it though the water. The average cruising speed is 26 knots and the top speed of the ship is 30 knots. To make the yacht more comfortable and safe in rough waters, it is fitted with zero speed stabilizers for times when she is at anchor. The Rising Sun measures 453.97 ft in length with a 62.34 ft beam, a draft of 16.08 ft and gross tonnage of 7841 tons. The exterior was designed by Bannenberg & Rowel and the interior by Seccombe Design. It was built by Lurssen and refit in 2004 and 2011. At the time of the sale it was the 6th largest yacht in the world, but other new superyachts have displaced it to the 9th position.

Luxury amenities

It takes a crew of 45 to maintain and operate this massive vessel and they are housed in 30 cabins. The guests are housed in 8 cabins which can accommodate between 16 and 18 guests comfortably. The yacht has been designed with more than 8,000m² of living space, allowing for larger gathering areas as well as plenty of places to find privacy from the crowd of guests. There are a total of five decks with 82 rooms aboard the yacht. Some of the luxury amenities include a spa and gym so guests don’t need to miss out on their daily workout routines. The Rising Sun is also quipped with a lift/elevator to take guests between the five decks. For practicality so guests/owners can come and go from any location, there is also a helipad on board. For fun in the sun there is a swimming pool as well as underwater lights for excellent illumination, and a sauna for relaxation. The ship also features air conditioning throughout the 82 rooms so guests can achieve the optimal room temperatures, even on hot days at sea, and there is also a Tender Garage, as well as a Cinema large enough to accommodate all guests for entertainment.

Final thoughts

The Rising Sun has only had two owners since it was built in 2004. Co-owners Larry Ellison and David Geffen shared it for a period of time, then Ellison sold his share to Geffen who is now the sole owner. The yacht was once the sixth largest yacht in the world, but is still considered a wonder coming in at ninth place. It’s packed to the hilt with luxury amenities and there is plenty of space aboard with five decks and 82 rooms. The ship which cost $200 million to build is now valued somewhere between $3 and $4 million, and it has only increased in value with the passage of time and no doubt numerous upgrades to suit the preferences of the owner. It’s served as the vessel that provides a source of recreation for some of the most famous people in the world including some of our most beloved Hollywood stars and even a former president and first lady. The Rising Sun is truly one of the most magnificent yachts that has ever been created, and those who are fortunate enough to be invited on board are in for a top notch luxury experience.

Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology.

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David Geffen’s Yacht: Everything You Want To Know

David Geffen is a businessman most famous for his work running record labels and a film studio. His net worth is estimated at around $7.7 billion and he’s also been the owner of one of the world’s largest yachts for some years now. He owns a second yacht as well, one called Pelorus that clocks in at 115 meters in length. That means Geffen is the owner of at least two megayachts

What is David Geffen’s Yacht Called?

Geffen named his yacht the Rising Sun and it was built back in 2004 and then refitted in 2007. The yacht was originally built by German yacht maker Lurssen and originally it belonged to Oracle founder Larry Ellison, but Geffen purchased it in 2010. Word is that Ellison thought it was just too big and ended up buying a smaller yacht that he felt was more manageable. That said, Geffen apparently owned a percentage share of the yacht since 2006.

How Big is the Rising Sun?

With a gross tonnage of 7,841 GT, the yacht is not as heavy as you might think for one of its size. The Rising Sun length clocks in at just under 453 feet with a beam of 60.7 feet. The yacht features a steel hull with an aluminum superstructure. It ranks as one of the largest yachts in the world .

How Much Did David Geffen Pay for the Rising Sun Yacht?

It’s been reported that Geffen paid Ellison a staggering $590 million for the Rising Sun however other reports suggest the vessel was $200 million. Given the size of the yacht and the time it was built plus various amenities it seems more likely the true price is closer to $200 million. That’s speculation and also some educated guessing as a $590 million motor yacht sale in 2010 would likely have raised more flags in the media. It would make the Rising Sun one of the most expensive yachts ever, and that’s simply never been claimed by many sources.

The value of the luxury yacht has been speculated to currently be between $300 million and $400 million after various refits and upgrades that have been added over the years. Despite the cost there is no yacht charter available to offset that for Geffen.

How Fast is the Rising Sun Yacht?

The Rising sun has a maximum speed of 28 knots and a cruising speed of 16 knots. This is achieved by 4 MTU 20V 8000 M90 diesel engines producing 48,000 hp.

What’s the Interior of the Rising Sun Like?

A crew of 45 is needed to keep the Rising Sun operating and that includes taking care of the up to 18 guests in 9 staterooms. That includes one master suite and then 8 double suites. 

Geffen has numerous amenities on board to ensure a luxurious stay for guests who, in the past, have included people like Tom Hanks, Barack and Michelle Obama, Mariah Carey and even Jeff Bezos and Oprah Winfrey. For a short time there were stories that this was, in fact, Oprah’s yacht because she had been spotted on board in 2013 when she was on holiday. However, she was just borrowing the yacht and does not own a yacht of her own.

There is both a sauna and a beauty salon on board as well as a large swimming pool and an elevator to travel between the five decks. There are 8,000 square meters of living space available between those decks which include teak decks and bathrooms finished in onyx.

The top deck of the yacht serves as a master suit and features a double sized cinema screen. The layout has been described as being like the pit of an avocado, meaning the movie screen is embedded in the wall in a way that creates an archway that can be traveled around it. A normal sized theater exists elsewhere on the yacht for the rest of the passengers to enjoy.

In addition to movies, there’s also a full size basketball court on board if anyone is looking to get into a game. The court also doubles as a helicopter landing pad. Of course there’s a well-equipped gym for working out as well. When it’s time to relax, the yacht features its own fully stocked wine cellar. 

Unfortunately, Geffen has not welcomed media onto the yacht so images of the interior are few and far between. As you can imagine, he’s a man who enjoys his privacy and doesn’t want to share his space very openly. In fact, mentioning it has backfired on him in the past.

Back in 2020, sometimes after he was spotted refueling at Sea Fuels Marine in New Bedford, Geffen made an Instagram post about how he was self-isolating on his yacht in the Grenadines during Covid. The post went over poorly with people pointing out it was a little tone deaf to the average person who doesn’t have a multi-million dollar yacht to escape on. He deactivated his Instagram shortly thereafter. 

The Bottom Line

David Geffen is a billionaire businessman known for is work in the music industry such as running Geffen Records and Asylum Records. His superyacht Rising Sun was built for $200 million though it’s been reported he paid as much as $590 million for it. The yacht is one of the largest luxury yachts in the world at 453 feet and features many amenities including a massive, double sized cinema screen, a basketball court, and a large pool.  The motor yacht is a notorious hot spot for celebrity visitors that range from Paul McCartney to Bruce Springsteen to Chris Rock, Leonardo DiCaprio and Katy Perry among many others.

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RISING SUN a Lurssen Superyacht

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If you have any questions about the RISING SUN information page below please contact us .

Built under the project name LE120, mega yacht RISING SUN belongs to the fleet of the world's largest yachts, thanks to her impressive length of 138 metres (452'76''). She was constructed by the renowned German shipyard Lurssen and launched in 2004. Super Yacht RISING SUN was builder with steel hull and aluminium superstructure to naval architecture by Lurssen Yachts, exterior design by Bannenberg & Rowell Design and interior by Seccombe Design. She has received a refit in 2007.

Luxury yacht RISING SUN offers ultra deluxe accommodation to her lucky guests with en suite bathroom facilities, luxurious amenities and is said to have Jacuzzi spas in her staterooms. Guests have a fully-equipped gymnasium, spa and a sauna at their disposal, as well as a private cinema with a giant plasma screen for relaxation.

RISING SUN Specifications

RISING SUN has an extensive wine cellar with a selection of some of the best wines around. There is also a basketball court on the main deck, which can be converted into a helicopter pad depending on the necessities of the owner and guests.

RISING SUN yacht is fitted with four MTU diesel engines, model 20V 8000 M90, of 12,070hp (9,0001KW) each, powering her up to a maximum speed of 28 knots and allowing her to cruise at 26 knots.

Yacht Accommodation

RISING SUN can accommodate a maximum of 16 guests in 8 cabins.

Amenities and Extras

We do have available further amenity, owner and price information for the 138m (452'76'') yacht RISING SUN, so please enquire for more information.

RISING SUN Disclaimer:

The luxury yacht RISING SUN displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.

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RISING SUN is a 138.0 m Motor Yacht, built in Germany by Lurssen and delivered in 2004.

Her top speed is 28.0 kn and her cruising speed is 26.0 kn and her power comes from four MTU diesel engines. She can accommodate up to 18 guests, with 45 crew members. She has a gross tonnage of 7841.0 GT and a 19.0 m beam.

She was designed by Jon Bannenberg Ltd. , who has designed 40 other superyachts in the BOAT Pro database.

The naval architecture was developed by Lurssen , who has architected 71 other superyachts in the BOAT Pro database, and the interior of the yacht was designed by Laura Seccombe - she is built with a Teak deck, a Steel hull, and Aluminium superstructure.

RISING SUN is in the top 5% by LOA and in the top 30% by speed in the world. She is one of 70 motor yachts longer than 100m, and, compared to similarly sized motor yachts, her cruising speed is 10.09 kn above the average, her top speed 8.3 kn above the average, and her volume 703.92 GT above the average.

RISING SUN is currently sailing under the Cayman Islands flag, the 2nd most popular flag state for superyachts with a total of 1414 yachts registered. She is known to be an active superyacht and has most recently been spotted cruising near Germany. For more information regarding RISING SUN's movements, find out more about BOATPro AIS .

Specifications

• Name: RISING SUN
• Yacht Type: Motor Yacht
• Yacht Subtype: Displacement
• Builder: Lurssen
• Naval Architect: Lurssen
• Exterior Designer: Jon Bannenberg Ltd.
• Interior Designer: Laura Seccombe
• Refits: 2019,2021,2022

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Jurassic park movies, ranked by box office gross, alec baldwin movies ranked by box office performance., quick links, details of the yacht, interior and exterior details, the rising sun’s onboard comfort and entertainment.

Billionaire and entertainment mogul David Geffen reportedly purchased the superyacht for $590 million from the Oracle founder Larry Ellison. It was reported that wealthy people love spending money on yachts, and about 88% of the luxury market can be associated to spending on yachts. For this reason, it is not at all surprising that billionaires are spending so much money buying yachts . Yachts can be considered as the pinnacle of luxury and decadence and about $22 billion annually are spent on Yachts by the wealthy people. The Rising Sun has hosted numerous famous celebrities including American talk show host Oprah Winfrey and Academy Award winner Leonardo DiCaprio on board and even Amazon founder Jeff Bezos was seen hanging out in the superyacht.

Geffen has cruised everywhere using the Superyacht from St. Bart's in the Caribbean to Portofino to Italy and even Ibiza, Spain. He loves travelling using his yacht but not without his friends and some high profile celebrities. Among the guests in his massive yacht are Julia Roberts, Maria Shriver, Steven Spielberg, JJ Abrams, Karlie Kloss, Peter Harrington-Cressman, Paul McCartney and even Michelle and Barack Obama. Take a look inside the majestic yacht of Geffen.

RELATED:  Inside The Flying Fox: Jeff Bezos' $400 Million Mega Yacht

https://www.pinterest.ph/pin/205054589254118565/

The Rising Sun is a motor yacht which was designed by Jon Bannenberg and was built and constructed in 2004 by German shipbuilder Lürssen. The yacht reportedly costs $200 million to build. The yacht was built at Lürssen’s Bremen shipyard for the founder and CEO of Oracle Corporation, Larry Ellison. It was delivered to Ellison in June 2004. Since 2010, David Geffen has owned the yacht. Geffen bought half of the share of the 454-foot megayacht in 2007 and decided to buy the yacht in full in 2010 which totaled his payment for $590 million. The exact estimated value of the yacht is still unclear but as of 2019, the yacht was valued for $300 million. After Geffen bought it, he had the yacht refitted in the period of just six months.

The motor yacht has a tonnage of 7,841 GT and has a length of 138 m that is about 452 ft 9 in. It utilizes the installed power of the diesel engine of 4 × MTU 20V 8000 M90 with 36,000 kW. It also has 4 propellers as its propulsion and has the speed of 28 knots that can comfortably run at the speed of 26 knots but can run at the maximum speed of 30 knots. It was built with steel hull and an aluminum superstructure that includes a teak deck. It also features an anchor stabilizer which provides the people on board an exceptional comfort. Unlike some other luxury yachts, the Rising Sun is not available for private charter.

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The superyacht has about eighty two rooms and has the ability to accommodate about 18 guests and 55 staff and crew members. The eighteen guests can comfortably stay in the nine suites at the yacht which can ensure a relaxed luxury yacht experience . The massive yacht even has a basketball court on board. The top deck is entirely dedicated to the owner which includes a double-height cinema. Aside from the basketball court, there is also a wine cellar and a movie theater which can be found among the eighty two rooms of the yacht.

The interior design of the yacht was designed by design house Seccombe Design. The exterior design on the other hand was designed by Bannenberg & Rowell and was refitted in 2011 after David Geffen has requested for it. The builders of the Rising Sun have experimented with the extensive use of some structural glass that gives off a clean and stripped-down profile for the yacht. This includes the builders extensively working on the engineering and systems of the yacht. The exposure of the yacht’s structure is one of the overarching themes in the superyacht’s design.

https://www.pinterest.ph/pin/400961173065183662/

There is a reason why a lot of famous celebrities and public figure enjoy hanging out at the superyacht. For the added comfort and entertainment, there is a sauna, underwater lights, beauty salon, elevator and gym at the superyacht. It offers the luxuries of the land space on a secluded area which gives them the privacy that they need. The general arrangement of the layout of the Rising Sun has given the guests spacious cabins which have a direct access to the exterior side decks of the yacht. With the use of the 45-degree indents in the yacht’s superstructure, the guests are also protected from the weather.

The yacht has so much space that the guests can roam around and just party. The top deck was designed entirely for the owner’s entertainment. The guests can also enjoy the double-height cinema which was embedded just like the stone of the avocado.

READ NEXT:  Inside SYMPHONY: Bernard Arnault's $150 Million Yacht

Sources: Business Insider , Luxury Launches , Yacht Charter Fleet , Boat International

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View the RISING SUN yacht photos below. Browsing the images will transport you to this distinctive luxury custom yacht, where you’ll discover her unique and brilliantly appointed accommodations and exterior spaces. Launched in 2005 by luxury yacht builder Lurssen, with exterior styling and lines by and her interior design by . She is well equipped for a yacht of her size, sleeping up to 18 guests in 9 staterooms, with 45 crew.

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The RISING SUN yacht photos showcase details that can only be found on a luxury yacht of this caliber. From marble-laden en suites, to immaculate furnishings and custom millwork – all of these select attributes come together to form 454 ft / 138.4 m of floating luxury travel. Accommodating 18 guests, each stateroom is inviting, comfortable, and features opulent accoutrements to meet all your needs. Enjoy quiet relaxation in the main salon or skylounge, and put your feet up as you take in the views.

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Lavish and looming, gigayacht bobbing in Portland harbor attracts curiosity and contempt

Rising Sun, the 453-foot yacht owned by entertainment mogul David Geffen, sports a gym, a wine cellar, a spa, a movie theater and can accommodate up to 16 guests and 45 crew members.

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People walk at Bug Light Park in South Portland Tuesday with the Rising Sun, a five-story, 82-room gigayacht owned by billionaire David Geffen, docked in the background in Portland. Shawn Patrick Ouellette/Staff Photographer

Some people view it as a symbol of wealth-hoarding. Others see it as a tourist attraction. Some believe it’s merely a sign of a changing Old Port. To entertainment mogul David Geffen, the 82-room, $400 million gigayacht floating in the Portland harbor is merely a part-time home.

A boat that is worth $381 million more than the most expensive home for sale on Maine Listings docked in Portland on Monday night. Though it’s not a boat, it’s not a yacht, it’s not a superyacht and it’s not even a megayacht. It’s a gigayacht and it’s the 20th largest in the world, according to the Robb Report, a chronicler of all things luxurious.

The yacht, named Rising Sun, is one of Geffen’s vacation homes. Geffen is the music and film producer behind The Eagles, Joni Mitchell, Bob Dylan and DreamWorks – the animation studio that produced, among many hits, “Shrek,” Shrek 2,” “Shrek the Third” and “Shrek Forever After.” Fifty-nine years after he launched his entertainment career, Geffen has landed himself at No. 229 on the Bloomberg Billionaires Index with a net worth of $9.14 billion.

Geffen is also pals with many celebrities, and he’s brought many of them aboard Rising Sun, including Paul McCartney, Oprah Winfrey and Julia Roberts.

Geffen’s accomplishment’s and social circle notwithstanding, all anyone could talk about in the Old Port on Tuesday afternoon was the gigayacht, itself.

“It’s friggin’ big,” said Owen Dionne, a deckhand at Portland Discovery Land Sea and Tours. Advertisement

At five stories high and 453 feet long, it’s certainly an eye-catcher. In the maritime vernacular, a yacht is generally at least 30 feet long, a superyacht is 80-100 feet long, a megayacht is 200 feet and a gigayacht stretches beyond 300 feet.

Rising Sun has a gym, a wine cellar, a spa, a movie theater and can accommodate up to 16 guests and 45 crew members, according to superyachtfan.com. It was built in 2004 by Lürssen Yachts, a German shipyard, for Oracle Corp. CEO Larry Ellison. Geffen bought it from Ellison in 2010.

This is the kind of information that Portland Discovery deckhands research to share with passengers.

The Rising Sun, a five-story, 82-room super yacht owned by billionaire David Geffen docked in Portland on Tuesday. The yacht has a gym, a wine cellar, a spa, a movie theater and can accommodate up to 16 guests and 45 crew members. Shawn Patrick Ouellette/Staff Photographer

“They all want to know who owns them,” Dionne said. “We research how many crew they have, how much they cost to run and to own. But mostly they’re just interested in the owners, though usually they’re not really famous people, they’re just rich people.”

Yachts are a dime a dozen to Dionne and Jack Coggeshall, manager at Portland Discovery. Coggeshall has seen Rising Sun many times over the course of his 11 years at Portland Discovery. But they still agree that it’s the biggest yacht they’ve seen in Portland’s waters and it’s quite a view to take in.

“It’s just unbelievable to see a private yacht that big,” Coggeshall said. Advertisement

One tidbit Dionne and Coggeshall might not have come across is the Rising Sun’s environmental impact. The diesel engines powering the gigayacht belch an estimated 16,320 tons of carbon-dioxide-equivalent gases into the atmosphere annually, almost 800 times what the average American generates in a year, according to a New York Times report citing the journal Sustainability.

IMPRESSIVE OR NOT

The gigayacht also caught tourists’ eyes at the Eastern Promenade – though not necessarily for the same reasons.

Dave and Dianne Rhodes were sitting on a bench on Tuesday afternoon taking in the distant Rising Sun. Dave Rhodes wasn’t looking at it in admiration, though.

“The obscene amount of pure spending gobs of money on nothing … the money could be used in such a better way,” he said.

The Rhodes sailed up from Rochester, New York, on their sailboat, the Lagerhead. They spent $39,000 on their boat – not necessarily cheap, but dwarfed by the value of the Rising Sun. But even if they had all the money in the world, they’d keep the Lagerhead. Advertisement

“We’re more interested in our sailboat,” Dianne Rhodes said.

Lobsterman Rob Rutter pauses on Portland’s Widgery Wharf after working on his boat Devocean. Rutter is ambivalent about the gigayacht bobbing in the harbor, saying it won’t affect his lobster prices one way or another.  Shawn Patrick Ouellette/Staff Photographer

Doug Sargent, a New Jersey resident, is similarly unimpressed by Rising Sun.

“It’s not interesting, it’s too blah,” Sargent said. “Buy that boat? It’s so far beyond comprehension that that’s not even one of my thoughts.”

However, Sargent said there are some upsides to a visitor like Geffen. Perhaps Geffen and his guests are spreading the wealth in the Old Port.

“I hope he’s helping the local economy,” he said.

Sargent, 79, lived in Portland until he was 13 years old and has watched the Old Port transform over the course of his life. It’s people like Geffen who have given the Old Port the money to change for the better, he said. Advertisement

Whether the arrival of the Rising Sun has positive or negative impacts on the city, lobsterman Rob Rutter is ambivalent. He’s making the same amount of money for his catch even when people like Geffen visit Portland.

“I didn’t even think that yacht being in town was going to make a story other than ‘it was here,’ ” Rutter said.

It’s not entirely clear where Rising Sun is floating while it awaits its next journey. According to Portland city spokesperson Jessica Grondin, it’s not at any of the city’s docks or moorings. Dionne, the Portland Discovery Land Sea and Tours deckhand, said it’s likely at Fore Points Marina, “a safe, deep harbor, specifically designed to host megayachts” that opened in 2019. Office Manager Lauren Whitney would neither confirm nor deny whether Rising Sun was on its docks. Its current coordinates, according to Marine Traffic, are in an area where there are no other marinas but Fore Points.

If so, Geffen would pay at least $3,624 a day for the dockage rate, according to the company’s website.

What say Geffen? Does he like coming to Portland? How long will he be here? How much is he spending on the ship? Is he spending any money in the Old Port? Where does he stand on the ongoing Hollywood writers and actors strike?

Who knows – a reporter tried but could not get in touch with him.

“This is not possible, he doesn’t take any calls,” said an unnamed receptionist at the David Geffen Foundation. “Thank you for trying.”

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UK house prices mapped: locations where values are rising and falling revealed – what’s happening in your area?

• Olivia Marshall , Senior Consumer Reporter
• Published : 0:01, 28 Aug 2024
• Updated : 17:25, 28 Aug 2024
• Published : Invalid Date,

HOMEBUYERS are making the most of falling mortgage rates as market activity jumps higher than the same point last year.

Buyer demand is now 20% higher than last year due to falling demand last summer when there was a spike in mortgage rates, according to Zoopla.

The average five-year fixed mortgage rate today is 5.22%, compared with 6.2% last August.

It comes after the  Bank of England  (BoE) cut interest rates for the  first time since 2020 at the beginning of August .

At the Monetary Policy Committee’s (MPC) meeting, ratesetters at the  BoE  reduced the base rate from 5.25% to 5%.

Buyer demand for homes is a fifth higher than this time last year, while new sales agreed are almost a quarter higher.

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Overall, the average house price in May stood at £266,400, according to  Zoopla .

This is an increase of 1.4% in the seven months to July 2024.

The improvement in house prices over the year to date is being felt across most areas of the country.

Annual house price inflation  ranges from -0.9% in the Eastern region to +5.1% in Northern Ireland . 

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Price inflation stands at +0.2% in London , while prices have seen small falls in the South East, South West and East Midlands. 

Plus, Zoopla has revealed areas of the country where house prices continue to show small falls on a quarterly and annual basis.

These include Taunton (-2.0%), Dartford (-1.3%), Enfield (-1.1%) and Harrogate ( -1%).

Zoopla said these falls highlight how house prices are still adjusting to the impact of higher borrowing costs in local areas. 

There are also areas of the country where house prices are posting above-average annual gains.

These rises are often in more affordable housing markets and those in close proximity to larger cities.

Wolverhampton has seen a 3% increase in house prices, closely followed by Oldham (2.8%) and Wakefield (2.7%).

Try our interactive map below to find out the average house price in your region and the average annual increases.

Warning over asking price reductions

Experts at Zoopla have said it's important that sellers remain realistic on pricing, particularly if they are serious about moving home.

This is because house sellers who end up needing to slash their asking price typically see their property taking more than twice as long to sell as homes with no price reduction.

It found that it takes about a month – 28 days – on average to agree a sale where there has been no asking price reduction.

But among sellers who have cut the price by 5% or more, the typical time to sell is 73 days.

Zoopla said about a fifth of homes on the market had the asking price reduced by 5% or more in August.

Richard Donnell, executive director at  Zoopla , said: “Momentum in the sales market continues to build as mortgage rates drift lower and more and more sellers gain the confidence to list their home for sale.

“Buyers have much greater choice which will support sales numbers, but this will keep prices rises in check.

“Buyers have less purchasing power than two to three years ago and remain price sensitive meaning sellers can’t afford to get ahead of themselves on where to set the right price for their home.

“If you need to cut the asking price by 5% or more then your home will (typically) take twice as long to sell or may not sell at all.”Show less

Different types of mortgages

We break down all you need to know about mortgages and what categories they fall into.

A fixed rate mortgage provides an interest rate that remains the same for an agreed period such as two, five or even 10 years.

Your monthly repayments would remain the same for the whole deal period.

There are a few different types of variable mortgages and, as the name suggests, the rates can change.

A  tracker mortgage sets your rate a certain percentage above or below an external benchmark.

This is usually the Bank of England base rate or a bank may have its figure.

If the base rate rises, so will your mortgage but if it drops then your monthly repayments will be reduced.

A standard variable rate (SVR) is a default rate offered by banks. You usually revert to this at the end of a fixed deal term, unless you get a new one.

SVRs are generally higher than other types of mortgage, so if you're on one then you're likely to be paying more than you need to.

Variable rate mortgages often don't have exit fees while a fixed rate could do.

Who tracks house prices?

There are several different house  price trackers , all of which measure something slightly different.

The official measure comes from the Office for National Statistics (ONS), which examines the prices homes have actually sold for after they are registered on the Land Register.

The organisation's latest figures showed that the average price tag for a home increased by 2.7% in the 12 months to June.

This was unchanged from May, the Office for National Statistics (ONS) said.

This is the most accurate of all the indices, but the figures come out three months after the homes are sold, so there's a big time lag.

Some lenders and property websites also publish monthly indexes, tracking the average prices of homes on which they provide mortgages.

Nationwide  said the the average house price nudged up 0.3% in July.

Across the UK, it said the average house price in July was £266,334.

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Halifax , the UK's biggest lender, said house prices rose by 0.8% in July.

That means the average property is now £2,200 more expensive than the previous month, and now stands at £291,268.

Do you have a money problem that needs sorting? Get in touch by emailing [email protected] .

Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories

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Boat Test: 2024 Brabus Shadow 1200 ­Sun-Top

• By Kevin Falvey
• August 29, 2024

Brabus Marine’s Shadow 1200 Sun-Top is a high-performing sport yacht with style, luxury and performance that makes it at once a booster of ego and an arouser of envy. Fans of supercars will recognize luxury upfitter Brabus. Each Brabus offering begins with a top-quality foundation. In this case, that foundation is the already successful Axopar 45 XC.

We tested out of the port of Palma on the Spanish isle of Mallorca in the blue, blue waters of the Mediterranean. Powered by triple Mercury Racing 400R outboards, we hit 63 mph and raced from idle to 30 mph in 9.2 seconds. The hull’s twin steps share credit for this 47-foot, 18,000-pound boat’s speed and acceleration. The minimum planing speed I recorded was 18 mph—a good feature in any boat, if very rough seas are encountered.

In maneuvers, the Shadow 1200 delivers a runabout’s agility, requiring just a light touch at the wheel. As I charged into ever-faster turns as part of testing, the boat provided sure-footed exhilaration rather than nerve-wracking trepidation. I spent three days with this boat but did not experience any real seas during testing, though I can attest that the 1200 cut easily through the steep chop that developed with the afternoon breeze. The performance stated took place carrying a half-tank of fuel and a crew of six. This is a boat that can handle open water and a big crowd. Joystick control and a thruster make docking easier.

My assessment of the Shadow 1200 Sun-Top’s layout and outfitting? Quantifying a vibe, an emotional response to a product, proves fraught with pitfalls. It is so personal. I’ll simply suggest that this boat proves ­greater than the sum of its parts.

A look at the market supports my assertion. The Nimbus Weekender 11 ($799,091 fully loaded with twin Mercury V-10 400 Verado outboards) offers much of the Shadow 1200’s attributes, though at 40 feet and rated for 800 hp, it’s smaller. Wellcraft’s 435 ($1.17 million with triple 350 Mercury V-10 Cold Fusion White outboards, with joystick), though luxurious, similar in size, and with a swankier cabin, lacks the racy vibe of the Shadow 1200, as well as its more-versatile multi-activity layout. Intrepid, the builder who pioneered personalization of production boats, offers the high-performing, highly versatile Panacea 438 (builds average $1.5 million, our source states, with up to triple ­Mercury 600 outboards). A full-cabin model, the Intrepid ­offers an open aft cockpit versus the Shadow 1200’s walkaround layout. In short, the Shadow 1200 ­Sun-Top is a unique offering. Let’s look closer.

Interior and Accessories

The Shadow 1200 Sun-Top features a walk-around cabin layout that makes anchoring and docking easy, and provides a separate social and lounging area in the bow. Enter this cabin from either the helm or the winglike forward doors port and starboard. That’s functional and unique. Open the companionway and the wing doors together to create great flow between exterior and interior. Essentially, you gain a separate lounge area when the cabin is not being used as a berth. There’s an enclosed head in here, as well as the convertible V-berth, tables and a separate sofa. The 1200 Sun-Top we tested debuted with special Brabus Red leather upholstery that’s beautifully stitched and tufted. This striking upholstery, together with matching Sun-Top ­pipework and a hull that gleams in Phantom Grey paint, makes an impressive visual statement. The so-called 1-second wow factor that  Brabus strives for has been achieved.

There’s more magic in the Shadow 1200 ­Sun-Top’s topside layout. The helm, rendered in black, with a recessed catchall for small items and a brow above the flush-mounted screens, ­offers a ­commanding position of control. Visibility proved good, and switches and controls fell naturally to hand. The windshield deflects windblast and looks great with its raked black frame and the integral outline-style-font Brabus logo that creates a shadow of itself as the light shines through it. (Can you say “detail”?) Three high-backed performance chairs offer seating. Overhead, the Sun-Top provides light, air, function, protection and style with its retractable sunroofs and roof racks.

Aft of the helm is a wet bar that, thanks to ingenious cushions and when not in use, serves as a leaning post for a second row of crew behind the helm chairs. Aft of that, there are balcony doors—hinged portions of the cockpit sides that expand the space and social opportunities. A sprawling settee for four to six people resides under the aft-most section of the sun top. Farther aft, the cockpit is offered in three configurations.

Read Next: Brabus Shadow 900 XC

Choose the aft bench plan for a large, open activities cockpit and stern-facing seating. The U-sofa option expands seating and adds a table here. Most remarkable is the aft cabin option, which provides a double berth within and sun lounge on top. Fender boxes port and starboard prove convenient, and one conceals the grill. All versions offer excellent boarding access and ­access to the custom-painted outboards.

Seeking an adventure boat that will turn heads as fast as it achieves plane when you hit the throttles? Sea-trial the Brabus Shadow 1200 Sun-Top.

How We Tested

• Engines: Triple 400 hp Mercury Racing 400R outboards
• Drive/Prop: Outboard/15″ x 18″ 4-blade Ventera, ­stainless steel
• Gear Ratio: 1.60:1 Fuel Load: 200 gal. Water on Board: 20 gal. Crew Weight: 1,000 lb.

High Points

• This flawless paint job takes weeks to prep for and execute, and it shows.
• High performance meets high adventure.
• Great variety of deck plans.
• Turns to port require looking out through the sun top to see what’s on your course.
• Chains, gates or doors are needed between the cockpit and the boarding platforms.
• I’d like a bigger fuel-tank option for even more range.

Pricing and Specs

Speed, Efficiency, Operation

Brabus Marine – Bottrop, Germany; brabus.com

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