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Darwin Deason - Yacht

Yacht Name: Apogee

Yacht Length: 62 m (203 ft)

Guests: 14 in 7 cabins

Crew: 17 in 8 cabins

Yacht Value: US$ 50 million

Owners Name: Darwin Deason

Owners Net Worth: US$ 1.4 billion

Owners Company: ACS

Owners Country: USA


Darwin Deason sold his company ACS to Xerox for US$ 6.4 billion

Yacht Apogee - Darwin Deason - ACS

Darwin Deason is the owner of the luxury yacht Apogee. Deason founded Affiliated Computer Services Inc. (ACS) in 1998.  


Affiliated Computer Services

ACS provides information technology services as well as business process outsourcing solutions to businesses, government agencies, and non-profit organizations. ACS operates in nearly 100 countries.


Sold to Xerox

In 2009 Xerox Corporation acquired ACS for USD 6.4 billion. In 2016 Deason sued Xerox over the company's plan to divide its legacy copier and printer business from its business process outsourcing unit, which would become a new company called Conduent Inc. Deason and Xerox settled and Xerox agreed to issue 180,000 shares of Xerox Series B Preferred Stock, having a liquidation preference of $1,000 per share, to Deason. The shares give the right to receive an annual interest of 8%. And each share may be converted at any time, at the option of Deason, into 150 shares of Xerox common stock Deason also received 120,000 preferred shares of Conduent. He is now Xerox’s largest individual shareholder


Net Worth

Darwin Deason has a net worth of USD 1.45 billion. He owns a large private jet, we think it’s the M-MNAA, registered in Monaco. The M-MNAA was a 2014 Global Express, but its now a 2016 Falcon 7X.


Philanthropy

Deason is an active philanthropist through his The Deason Foundation. Donations include US$3.5 million to help establish the Deason Family Criminal Justice Reform Center , and US $7.75 million to to establish the Darwin Deason Institute for Cyber Security. The Foundation has also donated to the Dallas Museum of Art, AIDS Services of Dallas, Mayo Clinic and the Children’s Cancer Fund.


Darwin Deason House

Deason and his wife Katerina life in a 18,000 sq ft penthouse in Dallas, the penthouse occupies the top two floors of a large building. He also owns a large house near a golf course in Palm Desert, California.


Yacht Apogee

The yacht Apogee was built at Codecasa in 2003. With a length of 62 meter, she can accommodate 12 guests and a crew of 17. Her interior is designed by Franco & Anna Maria Dellarole. Her features include an elevator, a gym, two tenders, four waverunners, and aa 12-person Jacuzzi. Apogee is available for charter through YPI.




Resources

www.acs-inc.com

https://www.forbes.com/profile/darwin-deason/

https://en.wikipedia.org/wiki/Darwin_Deason

https://www.bloomberg.com/xerox-shareholder-darwin-deason-sues-over-planned-split

https://www.forbes.com/inside-billionaire-darwin-deasons-205-foot-mega-yacht

https://www.ypigroup.com/en/yacht-apogee-charter-3002861.html

yacht Apogee

Motor yacht Apogee owned by Darwin Deason

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Apogee yachtapogee interiorApogeegym
M-MNAADarwin Deason house

Photo by Mark OConnell

We think this is Darwin Deason’s private jet

His penthouse in Dallas