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The yacht Majestic was built as Secret for Nancy Walton Laurie, the daughter of Bud Walton, the brother and business partner of Wal-
This transaction lead to some legal battle as the broker involved was fired by the brokerage firm before completion of the sale. The broker claimed USD 4,8 million in lost commissions. The information that Mr. Sherman owns Majestic is supported here, where it is stated that Mr and Mrs Sherman donated a week in a 201ft yacht. And according to this document the ‘donated yacht’ is a Feadship. And as far as SuperYachtFan is informed, Majestic is the only 201ft Feadship built.
However SuperYachtFan received an e-
Nancy Walton Laurie ordered a new 82 meter yacht -
The yacht Majestic is available for charter, enquire for your ultimate charter experience.
Bruce Sherman is the co-
Private Capital Management was the largest independent money management firm in the Southeastern U.S. Bruce launched PCM in 1986 and sold the firm to Legg Mason in 2001 for USD 1,3 billion. After the sale he remained CEO and led the firm to a prestigious #1 ranking as "the World's Best Money Managers" .
Successful acquisitions include the Local Financial Corporation, a bank in Oklahoma which was acquired for USD 26 million in 1989 and sold for USD 160 million in 1997. Sherman made wise investments in Qualcomm before its stock soared 2,000 percent in the late 1990s and Apple in which he invested before the iPod, Iphone and Ipad made the company successful again.
In 2004 Sherman managed more than USD 30 billion in assets. After retiring as CEO in 2009, he became Chairman and Chief Executive Officer of M4 Capital.
Bruce Sherman’s net worth is estimated at more than USD 500 million. Bruce Sherman is a family member of Judge Judy.
Bruce and his wife Cinthia are the founders of the Bruce and Cynthia Sherman Charitable Foundation. The foundation supports a variety of charitable and philanthropic causes, including childhood development, advanced medical research and education, and the performing and visual arts. The annual Sherman Prize honors exceptional and pioneering achievements in Crohn’s disease and ulcerative colitis.
Bruce and his wife Cynthia live in a large penthouse in Naples, Florida.
Yacht Name: Majestic
Yacht Length: 61 m (201 ft)
Guests: 14 in 7 cabins
Crew: 16 in 8 cabins
Yacht Value: US$ 70 million
Owners Name: Bruce Sherman
Sherman Net Worth: US$ 500 million
Owners Company: M4 Capital
Owners Country: USA
Majestic was built as Secret for Nancy Walton Laurie. She sold her yacht for US$ 69 million to Bruce Sherman.