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Majid al Futtaim - Yacht

Yacht Name: Quattroelle

Yacht Length: 86 m (283 ft)

Guests: 12 in 6 cabins

Crew: 28 in 14 cabins

Yacht Value: US$ 250 million

Owners Name: Majid al Futtaim

Al Futtaim Net Worth: US$ 6 billion

Owners Company: Majid Al Futtaim

Owners Country: UAE


Quattroelle was built for Michael Lee Chin, he is rumored to be building a larger 139 meter yacht

Luxury Yacht Quattroelle

The luxury yacht Quattroelle was built by Lurssen and delivered to her owner in 2013. She is designed by the Italian based Nuvolari-Lenard and can accommodate 16 guests in 8 staterooms. The yacht has a crew of 29.


An Usain Bolt designed Gym

Quattroelle has a gymnasium designed by Usain Bolt, a spa with hairdressing salon, a massage room and several pools. The name Quattroelle stands for “four L’s or Love, Life, Liberty, and Luxury”.


Built for Michael Lee Chin, who is building larger

Quattroelle was built for Michael Lee-Chin, but he sold the yacht in 2014 to UAE billionaire Majid al Futtaim. Apparently Micheal Lee Chin ordered a larger (139 meter / 456 ft) yacht, which will be delivered in 2019. Built to a Moran Yachts specification, the yacht will feature accommodations for 36 guest in 20 staterooms. All photos on this page are used with permission. See Ship-Dreams for more photo’s.


Charter Quattroelle

The yacht Quattroelle is available for charter, enquire for your ultimate charter experience.

Majid al Futtaim

Majid al Futtaim is the owner of the yacht Quattroelle. Al Futtaim is an UAE based billionaire and brother of Abdulla al Futtaim (owner of the yacht Radiant).


Majid al Futtaim Holding

Majid al Futtaim is founder of Majid Al Futtaim Holding, active in retail and real estate. Al Futtaim owns the franchise to operate Carrefour hypermarkets and supermarkets in the Middle East, North Africa and the Russian Commonwealth of Independent States. In total Al Futtaim owns around 140 Carrefour stores.


Mall of the Emirates

The group also develops malls, the most famous is the Mall of the Emirates, which has more than 500 shops, 7000 parking spaces and includes Ski Dubai, the Middle East’s first indoor ski resort and snow park.


Kempinski Hotels

Further Al Futtaim owns 11 hotels, including the Kempinski Hotel Mall of The Emirates, which has 393 rooms. Majid Al Futtaim Ventures develops businesses that complement Al Futtaim Holding’s hotel and mall operations. This includes the leisure and entertainment facilities at the shopping malls, including Ski Dubai, VOX Cinemas, Magic Planet and iFly. It is also parent to Majid Al Futtaim Finance, a consumer finance company issuing ‘Najm’ credit cards that offer consumers special rates and benefits at the malls and facilities, and Majid Al Futtaim Fashion, which brings some of the world’s most famous brands to the Middle East region including Abercrombie & Fitch and Mexx.


$6.3 billion net worth

The net worth of Majid al Futtaim is estimated at US$ 6.3 billion. He is considered to be the richest (non Royal) person in the United Arab Emirates. In 2015 his group realized revenues of US 7.5 billion and a net profit of US$ 900 million.


US$ 70 Million G650 Private Jet

Majid al Futtaim owned a US$ 50 million Dassault Falcon 7X Private Jet with registration A6-MAF. But in 2016 his new US$ 70 million Gulfstream G650 jet was delivered, now using the A6-MAF sign.


November 2016 Update

In November 2016 SuperYachtFan was contacted by a Director of the MAJID AL FUTTAIM PRESIDENT'S OFFICE, stating: “This is to inform you that Majid Al Futtaim is not the owner of Quattroelle, nor has he ever offered to buy it.”. Although it is not uncommon for ‘Ultimate Beneficial Owners’ to deny ownership (there is a reason they hide ownership in offshore companies), we are  not really sure in this case. It is possible that Majid Al Futtaim is actually not the owner of Quattroelle. Do you known more about the owner of the yacht Quattroelle? Please do send us a message. ([email protected])

Michael Lee-Chin

Michael Lee-Chin was the original owner of the yacht Quattrolle, but he sold his yacht to Majid al Futtaim. Michael Lee-Chin is the founder of Portland Holdings, an investment company active in several sectors, including media, tourism, health care and financial services.


Born in Jamaica

Lee-Chin was born in Jamaica and immigrated to Canada to study engineering. He became financial advisor and at the age of 32 borrowed money and started investing. His first investment of $500.000 became US$3.5 million in a few years.


AIC Limited

With the profit Lee-Chin acquired the investment firm AIC Limited. This investment firm grew to assets of more than $15 billion. Lee-Chin’s current investments include The National Commercial Bank of Jamaica (NCB, Jamaica’s largest bank with 2,400 employees), The Wallenford Coffee Company (Jamaica’s largest coffee exporter), the CVC Communications Group (tv and radio stations) and several exclusive hotels and restaurants.


US$ 1 billion net worth

Michael Lee-Chin has an estimated net worth of $ 1 billion, making him one of the richest Jamaican born people. His previous yacht was Capri, which he sold to John Caudwell.  

yacht Quattroelle

Superyacht Quattroelle, owned by Majid al Futtaim

yacht Quattroelle

Luxury yacht Quattroelle, pictured by Ship-Dreams.de

Quattroelle

Quattroelle - Love, Life, Liberty, Luxury

delivered by Lurssen in 2013

She is built by Lurssen

Michael Lee-Chin

Michael Lee-Chin is a Jamaican born billionaire.

Motor yacht Quattroelle

Michael Lee-Chin is the founder of Portland Holdings

Majid Al Futtaim yacht

Majid al Futtaim is a UAE billionaire, he owns hypermarkets, malls and hotels

A beautiful  yacht

Next yacht:

Radiant

Previous yacht:

Quantum Blue

al futtaim yacht

Follow the position of the yacht Quattroelle live

Al Futtaim's private Jet A6-MAF

Majid al Futtaim’s private jet with registration A6-MAF (Photo by Rick Schlamp)

A6-MAF G650

His new (2016) Gulfstream G650 A6-MAF