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Our new SuperYacht Owners Register is available for purchase. The Register is now an Excel file, for easier search and analysis. We updated all data and added many new owners (now 800+). Purchasing the list will bring you free updates for the next 24 months. We have a version with owner addresses available for a select group of - industry related - parties. More info here
August 16, 2018 - The yacht Aurora is owned by Andrey Molchanov. -Molchanov is the founder of the LSR Group, one of Russia’s largest construction companies. His yacht Aurora was built at Lurssen. More here
August 16, 2018 - The yacht Saluzi is owned by Victor Hwang. -The Hwang family are owners of Primeline Energy and the Parkview Group. Saluzi is famous known for the impressive artwork on her hull created by artist Li Jiwei More here
August 6, 2018 - The yacht Equanimity is one the move -We were told that Equanimity left Bali (after many months being moored outside the main harbour) and was on route to Batam. Other media reported that Indonesia agreed to hand over the yacht to Malaysia. More here
August 4, 2018 - The 75 meter Oceanco Yacht Anastasia was sold and named Wheels. This name change could indicate that US car dealer and billionaire Rick Hendrick is her new owner More here
July 31, 2018 - Barry Diller is the owner of the sailing yacht EOS. EOS was the largest privately owned sailing yacht in the world. Diller is chairman of IAC Interactive. He is married to fashion designer Diane von Fürstenberg. More here
July 26, 2018 - Someone untied U.S. Secretary of Education Betsy DeVos' yacht in Ohio, causing US$ 10,000 in damages. The yacht is Seaquest, a Westport 164 . More here
July 22, 2018 - Lord Ashcroft is the owner of the yacht Lady M II. Lord Ashcroft is a billionaire investor and philanthropist. More here
July 20, 2018 - Nat Rothschild is the owner of the yacht Planet Nine. Rothschild is a member of the Rothschild family. The family is famous for the Rothschild & Co bank. His yacht Planet Nine started as Project Nato at Cantieri San Marco and was finished at Admiral Yachts. More here
July 17, 2018 - Valentin Zavadnikov is the owner of the yacht Quinta Essentia. Zavadnikov is a Russian millionaire residing in Monaco. He was shareholder at the Beluga Group (famous for Beluga Vodka) but sold his shares.More here
July 15, 2018 - Yuri Milner is the owner of the yacht Andromeda. Milner is a Russian billionaire, residing in the USA. He is an early investor in Facebook, Twitter, WhatsApp and Spotify. His net worth is US$ 3.7 billion. More here
July 11, 2018 - Ziyad Manasir is the owner of the yacht Dar. Manasir is a Russian billionaire, born in Jordan. He is the founder of Stroygazconsulting. His net worth is US$ 1.1 billion. More here
July 10, 2018 - Solomon Lew is the owner of the yacht Maridome. Solomon Lew is a Melbourne based fashion entrepreneur, owner of the jeans brand Just Jeans. His net worth is US$ 1.4 billion. More here
July 3, 2018 - Alexei Golubovich is the owner of the yacht Khalilah. Golubovich is the founder of Arbat Captial. His yacht Khalilah is Palmer Johnson SuperSport 48. More here
June 29, 2018 - Stephen Bisciotti is the owner of the Westport yacht Winning Drive. Bisciotti is the founder of the Allegis Group, the largest privately held staffing company in the world. His net worth is US$ 4.4 billion. More here
June 25, 2018 - Gary Chouest is the owner of the Westport yacht My Girl. Chouest is the president of Edison Chouest Offshore, founded by his father. He ectually owns the yacht’s builder Westport Yachts. More here
June 22, 2018 - Eric Smidt is the owner of the Oceanco yacht Infinity and her support vessel Intrepid. Smidt is the founder of Harbor Freight Tools, a tool retailer with more than 900 shops More here
June 20, 2018 - The Yacht Forever One is in Amsterdam. Forever One is owned by Bruce Grossman, a billionaire from Mexico. His father founded coca cola bottler Arca Continental. More here
June 18, 2018 - David Reuben is the owner of the yacht Siren. David and his brother Simon are known as the Reuben Brothers. They are active in real estate, shipping and mining and have a net worth of US$ 15 billion. More here
June 14, 2018 - James Dicke is the owner of the yacht Reef Chief. Dicke is CEO of forklift manufacturer Crown Equipment, founded by his father. The 50 meter Reef Chief was built as Anjilis. More here
June 13, 2018 - Juan Carlos Mas is the owner of the yacht Muchos Mas. The Mas family is one of Miami’s most prominent and wealthy Cuban American families. The family owns the US$ 6 construction company MasTec. More here
June 10, 2018 - Fashion Designer Tommy Hilfiger is the owner of the yacht Flag. Hilfiger is the founder of the Tommy Hilfiger Corporation. His net worth is estimated at US$ 400 million. Hifiger purchased his yacht Flag from his business partner Lawrence Stroll (who replaced it with his 97 meter yacht Faith). More here
June 5, 2018 - Ray Dalio has a new 85 meter expedition yacht named Alucia 2 under construction. Dalio is the founder of BridgeWater Associates and has a net worth of US$ 17 Billion. His current yacht Alucia was used for documentaries on BBC and Discovery Channel More here
May 28, 2018 - Rick Hendrick is the owner of the yacht Wheels. Hendrick is the founder of Hendrick Automotive and Hendrick Motorsports. His net worth is US$ 1 Billion.More here
May 18, 2018 - Ahmed Stambouli is the owner of the yachts Black Legend and Black Sails. Stambouli is a Monaco resident and active in the energy business. He recently announced a Black Legend Clothing line.More here
May 16, 2018 - Vagit Alekperov is the owner of the yachts Galactica Super Nova and Galactica Plus. Alekperov is the founder and president of Lukoil, Russia’s large independent oil company. His net worth is US$ 18 billion. Alekperov also owns Heesen Yachts.More here
May 10, 2018 - Jay Schottenstein is the owner of the yacht Just Js. Schottenstein is a USA retail billionaire and owner of the Schottenstein Stores. His net worth is US$ 2.7 billion. His 61 meter yacht Just Js was built at HakvoortMore here
May 7, 2018 - Abeking & Rasmussen has launched the new 74 meter Elandess for Lloyd Dorfmann. Dorfmann is the founder of Travelex. His net worth is US$ 1 billion. He sold his previous 60 meter yacht in 2016. His new Elandess will be delivered in 2018. More here
May 7, 2018 - George Argyros is the owner of the yacht Huntress. Argyros is the founder of Arnel & Affiliates, a real estate developer active in Southern California. His net worth is US$ 2.5 billion. More here
May 6, 2018 - Bertil Hult is the owner of the sailing yacht Erica XII. Hult is the founder of EF Education, a language education provider. His net worth is US$ 5 billion. More here
May 3, 2018 - Jack Niklaus is the owner of the yacht Sea Bear II. Niklaus is considered to be the greatest golf player of all time. His net worth is US$ 300 million. More here
April 16, 2018 - Leonardo Del Vecchio is the owner of the yacht Moneikos. Del Vecchio is the founder of the Luxottica Group, the largest eyewear company in the world. His net worth is more than US$ 22 billion. More here
April 15, 2018 - Jim Pattison is the owner of the yacht Nova Spirit. His Jim Pattison Group is Canada’s 2nd largest company. His net worth is more than US$ 7 billion. More here
April 4, 2018 - The Crown Prince of Dubai is the owner of the yacht Smeralda. Sheikh Hamdan bin Mohammed al Maktoum owns many yachts including Quattroelle and Dubawi. More here
April 3, 2018 - Daniel Snyder is the owner of the yacht Lady S. Snyder sold his Snyder Communications for US$ 2 billion. He is the owner of the Washington Redskins football team. More here
March 24, 2018 - Victor Rashnikov is the owner of the yacht Ocean Victory. Rashnikov is Chairman and majority shareholder at Magnitogorsk Iron & Steel Works (MMK), one of the world’s largest steel producers. His net worth is US$ 9.6 billion. Ocean Victory is one of the largest yachts in the world. More here
March 22, 2018 - David Macneil is the owner of the yacht W. David Macneil is the founder of WeatherTech, producing car mats and cargo liners.. His net worth is US$ 400 million. W is a Westport 130 built in 2014. More here
March 18, 2018 - Carlos Slim Helu is the owner of the yacht Ostar. Carlos Slim is the richest man in Mexico. His net worth is US$ 69 billion. Ostar was built as Solemates for Paul Fireman. More here
March 11, 2018 - JR Ridinger and his wife Loren are the owner of the new Rossinavi Utopia IV. Rossinavi launched the yacht Utopia IV earlier this week. The yacht is built for Market America founder JR Ridinger. More here
March 5, 2018 - Jerry Seinfeld is the owner of the yacht Moka. We found several sources stating that Jerry Seinfeld is the owner of the expedition yacht Moka. His yacht was built in 2015 and is listed for sale. More here
March 4, 2018 - Roy E Carroll is the new owner of the yacht Skyfall. In February 2018 Roy E Carroll purchased the yacht Skyfall from John Staluppi. Carroll is the founder of the Carroll Companies, active in real estate development and construction More here
February 28, 2018 - The yacht Equanimity is seized by the Indonesian Government. In February 2018 Equanimity was seized by the Indonesian government, as part of a multi-billion dollar corruption investigation, linked to the Malaysian state fund 1MDB. The yacht was in Benoa Bay, near the Indonesian island of #Bali. More here
February 27, 2018 - Sergey Vasiliev is the owner of the yacht Shtandart. Vasiliev is the owner of Petersburg Oil, the largest oil terminal in Russia. He lives in a palace in St Petersburg, a copy of the famous Catherina Palace, built for Russian Tsars. The interior of his yacht is styled with lots of gold, detailed woodwork and marble. More here
February 19, 2018 - Arkady Rotenberg is the owner of the yacht Rahil. Rotenberg is the founder of Stroygazmontazh, known as the S.G.M. Group. SGM is a construction company active in the #oil and gas industry. The net worth of Arkady Rothenberg is estimated at US$ 3.2 billion. More here
February 4, 2018 - Gabriele Volpi is the owner of the yacht Boadicea. Volpi is the founder of Orlean Invest, active in the oil and gas industry in Nigera. He also owns the Italian football club Spezia Calcio. His net worth is US$ 2 billion. Boadicea was built for Australian media tycoon Reg Grundy. More here
February 2, 2018 - John Rosatti is the owner of the yacht Double Down. Rosatti is the founder of the Plaza Auto Mall in NY and the burger franchise Burger Fi. His net worth is US$ 400 million. Double Down was built in 2010 as Lady Lau. More here
January 30, 2018 - Ennio Doris is the owner of the sailing yacht Seven. Doris is the founder of the Italian Banca Mediolanum. His net worth is US$ 3.2 billion. Seven was launch at Perini Navi in 2017 More here
January 29, 2018 - Sir James Dyson is the owner of the yacht Nahlin. Sir James Dyson is the inventor if the bagless vacuum cleaner. His net worth is US$ 5.8 billion. Nahlin was built in 1930 for Lady Yule, at that time the richest woman in the UK. More here
January 23, 2018 - The Emir of Qatar is the owner of the 123 meter yacht Al Lusail. Sheikh Tamim bin Khalifa al Thani, Emir of Qatar and the youngest sovereign in the world, is the owner of the yacht Al Lusail. Al Lusail is 123 meter (exactly one meter shorter than Katara, the yacht owned by the father of the Emir.) More here
January 21, 2018 - Stanley Hubbard is the owner of the yacht Mimi. US billionaire Stanley Hubbard is the chairman and owner of Hubbard Broadcasting, founded by his father. His yacht Mimi was built at Burger Boat Company in 1977. More here
January 7, 2018 - Remo Ruffini is the owner of the yacht Atlante. Italian billionaire Remo Ruffini is the chairman and controlling shareholder of fashion brand Moncler. His yacht Atlante was built at CRN in 2015. More here
December 27, 2017 - Le Grand Bleu, the yacht owned by Eugene Shvidler has arrived in St Barths. Billionaire Eugene Shvidler is the owner of the yacht Le Grand Bleu. He visits St Barth every year for New Years Eve with his business partner and friend Roman Abramovich. More here
December 22, 2017 - Tony Buckingham is the owner of the sailing yacht Ngoni. Buckingham sold his oil exploration company Heritage Oil to Sheikh Hamad bin Khalifa Al Thani (Qatar). His Royal Huisman built yacht is known as The Beast More here
December 13, 2017 - Sultan Bin Khalifa al Nahyan is the owner of the yacht Moonlight II. Sheikh Sultan is the oldest son of Sheikh Khalifa al Nahyan, President of the UAE and Ruler of Abu Dhabi. Moonlight II was built as Alysia for Andreas Liveras. More here
December 1, 2017 - Russian billionaire Igor Kesaev is the owner of the yacht Sky. Kesaev is the owner of Megapolis, Russia’s market leader in cigarettes. In 2013 he sold 40% of the shares for US$ 1.7 billion. The yacht Sky was delivered in 2010 by Heesen Yachts. More here
November 29, 2017 - Samuel Tak Lee is the owner of the yacht Pelorus. We were told that Hong Kong based property billionaire Samuel Tak Lee is the current owner of the yacht Pelorus. He reportedly also owns the yachts Kogo and Caipirinha. More here
November 27, 2017 - Amancio Ortega - Europe’s richest man - is the owner of the yacht Drizzle. We found out that Amancio Ortega owns the yacht Drizzle. Ortega is the founder of Inditex, the world’s largest retail chain, known for its Zara brand. His net worth is US$ 76 billion. More here
November 7, 2017 - Yacht Ownership structures disclosed in Paradise Papers. The Paradise Papers - a set of leaked offshore investment documents - disclosed several yacht ownership structures. Examples are the ownership of the 123 meter yacht Golden Odyssey by Prince Khaled bin Sultan bin Abdul Azziz through the Bermudan company Actaeon Shipping Ltd and the ownership of the 38 meter yacht Santa Maria T by Ukrainian parliament member Anton Prigodsky. More here
November 5, 2017 - Prince Al Waleed bin Talal, owner of the yacht Kingdom 5KR arrested. PrinceAlwaleed Bin Talal, a member of the Saudi royal family, was reportedly detained on November 4th. The billionaire businessman was among at least 17 Saudi princes and top officials detained on Saturday More here
October 28, 2017 - Alexander Khloponin is the owner of the yacht Eminence. Khloponin is Deputy Prime Minister of Russia. He was Chariman at Norilsk Nickel in the 1990’s. His yacht Eminence was built by Abeking & Rasmussen. More here.
October 18 2017 - Charles S Cohen is the owner of the yacht Seasense. Cohen is a NY based real estate developer and active in media. His net worth is US$ 3.3 billion. His yacht Seasense was built by Benetti to a design of Cor D. Rover. More here.
October 16, 2017 - Alexander Svetakov is the owner of the yacht Cloudbreak. Alexander Svetakov is the founder of the Absolut Investment Group. He sold his Absolut Bank for US$ 1 billion. Cloudbreak was built at Abeking and Rasmussen. More here.
October 3, 2017 - Sheldon Adelson is the owner of the yacht Queen Miri. Adelson is the founder of the Las Vegas Sands Corporation. With a net worth of US$ 36 billion, he is one of the world’s richest yacht owners. His yacht Queen Miri is named after his wife Miriam. More here.
September 27, 2017 - John Christodoulou is the owner of the yacht Zeus (ex Enigma) We were informed that UK billionaire and property developer Yianis ‘John’ Christodoulou purchased the yacht Enigma earlier this summer fur EUR 48.5 million and named her Zeus. More here.
September 4, 2017 - Tilman Fertitta bought the Houston Rockets NBA Team
It was announced that Tilman Fertitta bought the Houston Rockets Basketball team for US$ 2.2 billion from Leslie Alexander. Fertitta is owner of the yacht Boardwalk, named after his Kemah Boardwalk in Houston More here.
August 20, 2017 - Paul Allen’s Expedition Vessel Petrel has found the USS Indianapolis
The 76 meter RV Petrel discovered the wreckage of the USS Indianapolis, 5,500 meters below the surface in the North Pacific Ocean. She was sank by an Japanese torpedo in the final days of WWII. She had just delivered components of the Atomic Bomb used in Hiroshima More here.
August 4, 2017 - Frank Zweegers, owner of the yacht Unicorn arrested
Dutch website Quote revealed that Dutch real estate developer Frank Zweegers was arrested, while having holiday on his 55 meter yacht Unicorn in Capri, Italy More here.
July 27, 2017 - US TV Host Stephen Colbert visited SuperYacht owner Mikhail Prokhorov
Stephen Colbert and his Late Show visited Mikhail Prokhorov and talked about his ‘Oligarch Lifestyle’. They talked about his superyacht and show one of his houses. Prokhorov is the owner of the yacht Palladium. More here.
July 14, 2017 - The brothers Frank and Lorenzo Fertitta are both building a new yacht at Feadship
We were informed that Frank and Lorenzo Fertitta, who sold their Ultimate Fighting Championship operation for US$ 4 billion in 2016, are both building a Feadship yacht. And we received proof… More here.
July 3, 2017 - The Feadship Project 1007 is the new yacht for Dmitry Rybolovlev
The 110 meter project will be the largest superyacht built by Feadship. Her interior will be designed by Michael Leach Design, who is also responsible for Rybolovlev’s current yacht Anna. More here.
June 25, 2017 - The Oceanco Barbara is the third yacht owned by Vladimir Potanin
Vladimir Potanin now owns three yachts, all built by Oceanco and designed by Sam Sorgiovanni. His latest yacht is named after his youngest daughter Barbara. His other yachts are Anastasia and Nirvana More here.
June 17, 2017 - The USA Government seeks civil forfeiture of the yacht Equanimity
It seems that Malaysian billionaire Jho Low transferred US$ 1 billion of government funds to a private bank account. Among other things, he purchase the yacht Equanimity for US$ 250 million and a US$ 35 million Bombardier Global 5000 private jet. More here.
June 14, 2017 - The Feadship yacht Joy is owned by Sameer Gehlaut
We were informed that Sameer Gehlaut is the owner of the yacht Joy. Gehlaut is the founder of the Indiabulls Group, active in finance and real estate. Gehlaut is one of the richest Indians with a net worth of US$ 2.6 billion. More here.
June 6, 2017 - The Feadship yacht Hasna is built for John Symond
Feadship has launched a 73 meter yacht named Hasna. She is built for Australian money lending tycoon John Symond. He founded Aussie Home Lending, which lends money to home owners and business owners. He sold the majority of his shares to a large Australian bank. His net worth is US$ 600 mililon. More here.
June 2, 2017 - The yacht Ona (ex Dilbar) has been put up for sale
Alisher Usmanov’s yacht Ona (replaced by the new Dilbar, currently the world’s largest yacht) has been put for sale asking EUR 250 million (US$ 280 million). The 110 meter yacht features a private hospital, a cinema, a large pool, a conference room and accommodations for 16 guests, 41 crew and 8 staff. More here.
May 29, 2017 - The Amels 180 Driftwood is probably owned by Nicholas Woodman.
The Amels 180 Driftwood, has been delivered to her owner. We think she is owned by Go Pro founder Nicholas Woodman. Not only related the yacht’s name to Woodman, we were actually told he ordered a new Amels 180 to be delivered in 2017. More here.
May 20, 2017 - The CRN Cloud 9 has been delivered to Brett Blundy
The CRN Yacht Cloud 9 is delivered. She is built for Brett Blundy, a retail entrepreneur form Australia. Blundy is the founder of BB Retail Capital, which owns chains of jewellery and fashion stores. His net worth is estimated at US$ 645 million. More here.
May 14, 2017 - The new Aviva has been delivered to Joe Lewis
The new Aviva has been delivered by Abeking & Rasmussen. She is owned by billionaire Joe Lewis. Lewis owns the #Tavistock Group, which invests in more than 200 companies including the football club Tottenham Hotspur, the Mitchells & Butlers plc group (owner of 1,600 pubs, bars and restaurants) and Pampa Energia (Argentina’s largest electricity company). His net worth is US$ 5.7 billion. Lewis also owns a US$ 30 million Embraer Legacy 600 private jet, with registration G-THFC. More here
May 13, 2017 - The Aga Khan’s Yacht Alamshar is at Lurssen for a Refit
The yacht Alamshar is currently in Germany at Lürssen for a refit. She was built for His Highness the Aga Khan. She was designed to deliver a top speed of 65 knots, but was not able to reach that speed due to design issues. The Aga Khan is the Spiritual Leader of the Shia Ismaili Muslims. His net worth is estimated at US$ 800 million. He owns a Bombardier Global 6000 private jet, with registration LX-PAK More here.
May 12, 2017 - Howard Leigth and his yacht Leight Star
Howard Leight is the owner of the yacht Leight Star. Leight founded Howard Leight Industries, active in in-ear hearing protection. He sold his company in 1998 for US$ 120 million and became active in real estate investments. He owns the Malibu Rocky Oaks Estate Vineyards. More here
Luxury SuperYachts: 13 Crazy Facts
1. The World’s Largest SuperYacht (measured by length): Azzam, 180 meter (590 ft) owned by Sheikh Khalifa bin Zayed Al Nahyan, the Emir of Abu Dhabi (Azzam is the longest yacht).
8. The World’s Most Famous SuperYacht: probably Octopus, owned by Microsoft co- founder Paul Allen
9. The World’s Ugliest SuperYacht: probably Yas, a converted navy frigate (re)built for Sheikh Hamdan bin Zayed Al Nahyan of Abu Dhabi
10. The World’s Richest Yacht Owner: Larry Ellison, founder of Oracle with a net worth of US$ 54 billion
11. The Man with the Most Yachts (in private use): Paul Allen, with Octopus, Tatoosh and Meduse (he sold Meduse in 2016)
12. The Man who ordered the Most New Yachts in his life: probably the late Jim Moran, who ordered 8 new Feadships
13. The World’s Largest Explorer Yacht: the 116 meter Ulysses, owned by Graeme Hart
14. Any input for this superyacht list?: please do send us a message
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What is the definition of a SuperYacht?
A superyacht (or super yacht, or mega yacht) is a large and usually, privately-owned luxury yacht, which is professionally crewed and extremely expensive. (A few are owned by state organizations.) There are few shipyards capable of building such a complex vessel.
What does a SuperYacht cost?
A Luxury yachts generally cost more than US$ 10 million, although the most expensive can stretch to several hundred million dollars. Eclipse, owned by Roman Abramovich, is thought to be the most expensive superyacht, and is rumored to have cost more than a billion US dollars. (The actual build price of the yacht, will probably have been considerably less, around US$ 500 million.)
Based on the data of several hundred yachts, we created this rough indication of yacht prices (in US$ millions), related to the yacht’s length (in meters). See our list of the world’s top superyacht builders here.
Or in a simplified table. There is an obvious exponential influence of the yacht’s length to the yachts price. Which can easily be explained by the fact that longer yachts have more decks and are wider than smaller yachts and thus have more volume.
Superyachts are owned by the Richest People on Earth
Most luxury yachts are owned by extremely wealthy individuals. For example someone who purchases a US$ 10 million yacht, will probably have to have a net worth of more than US$ 20 million, as he will not want to spend all his money on a boat. The larger superyachts (longer than 80 meters or 260 feet) are invariably owned by billionaires. Most billionaires also own or charter a private jet.
The Running cost of a SuperYacht
What are the cost of owning a yacht? The yearly running costs of a luxury yacht (including crew, maintenance, insurance and fuel) roughly account for 10% of the build price, or US$10 million a year on a US$100 million vessel. It seems smarter to charter a yacht…. Or you have to win big at a casino.
The Biggest Yachts in the World
Nowadays the largest superyachts are owned by Arabs or Russians. The biggest yacht in the world is Azzam (180 meters/590ft) built for the Emir of Abu Dhabi. The second largest is Eclipse (172 metres/564ft) owned by the Russian billionaire Roman Abramovich. Abramovich currently has two yachts: Eclipse and Sussurro (although Sussurro is rumored to be owned by his ex-wife, as part of a divorce settlement). Until 2014 Abramovich also owned the expedition yacht Luna, but he sold her to Azerbaijani billionaire Farkhad Akhmedov. The third largest yacht is Dubai, owned by the Ruler of Dubai.
The largest Yacht by Volume (or gross Tonnage)
The largest superyachts are not necessarily the world's longest. One of the largest boats measured by volume is Al Salamah. Built for Prince Sultan of Saudi Arabia, it was put up for sale in 2012 (after Prince Sultan died) with an asking price of EUR 250 million (US$350 million). The new Dilbar, built for Alisher Usmanov also seems to be one of the largest yachts in the world. The largest sailing yacht will be ‘Sailing Yacht A’, under construction for Russian billionaire Andrey Melnichenko. The longest yacht is Azzam.
One of the most modern is a superyacht called, simply, A that was built for the Russian billionaire Andrei Melnichenko. Another very modern boat is YAS, a 140-meter yacht which Sheikh Hamdan of the United Arab Emirates converted out of a warship.
The most famous of them all is probably the yacht Kingdom 5 KR owned by Prince Al Waleed bin Talal (a cousin of the King of Saudi Arabia). It featured in the James Bond movie “Never Say Never Again”. The members of the Royal Family of Saudi Arabia own dozens of yachts.
Superyacht Owners - UHNWI
Superyachts are often purchased by UHNWI or Ultra High Net Worth Individuals. A UHNW is some one with net assets over US$ 30 million although some experts calculate with an amount of US$ 50 million. It is estimated that the world population of UHNWI is around 200,000 individuals. Around 5% of these UHNWI, or 10,000 individuals, own or frequently use a superyacht. The mean net worth of a superyacht owner is estimated at US$ 680 million, a figure no doubt influenced by the relative high number of billionaire Russian yacht owners. The average age of a superyacht buyer is estimated around 65 years.
Famous Yacht Owners
The most famous UHNWI yacht owners include Roman Abramovich, Larry Ellison and Google’s Larry Page. US Presidential candidate Donald Trump has been owner of the yacht Trump Princess, while the world’s richest man Bill Gates does not own a yacht. He owns a large house though, watch Bill Gates’ house here.
The Yacht Industry
It is expected that the amount spent on superyachts worldwide, is increasing 25% the coming 5 years. There is a trend towards expedition yachts, in stead of (fast) displacement yachts, but also new built yachts seem to grow bigger over the years. The yacht building industry is doing well.
Yacht and Yachting Definitions
Displacement - Displacement or displacement tonnage is the weight of water that a ship displaces when it is floating, which in turn is the weight of a ship (and its contents).
Gross Tonnage - Gross tonnage (often abbreviated as GT, G.T. or gt) is a unit less index related to a ship's overall internal volume
Beam - The beam of a ship is its width at the widest point as measured at the ship's nominal waterline. Beam may also be used to define the maximum width of a ship's hull, or maximum width plus superstructure overhangs.
Draft - The draft (American) or draught (British) of a ship's hull is the vertical distance between the waterline and the bottom of the hull (keel), with the thickness of the hull included. Draft determines the minimum depth of water a ship or boat can safely navigate.
Sloop - A sloop is a sailing boat with a single mast and a fore-and-aft rig. A sloop has only one head-sail.
Ketch - A ketch is a sailing craft with two masts. The distinguishing characteristic of a ketch is that the forward of the two masts (the "mainmast") is larger than the after mast. The mizzen mast is stepped forward of the rudder post.
Yawl - Similar to a ketch but the mizzen mast is stepped aft of the rudder post.
Range - The distance a motor yacht can sail without refueling
Nautical Mile - A nautical mile (symbol M, NM or nmi) is a unit of distance, set by international agreement as being exactly 1852 meters (about 6,076 feet), compared with the 5,280 feet in a statute mile.
Knot - The knot is a unit of speed equal to one nautical mile (1.852 km) per hour, approximately 1.151 mph
UHNWI -A UHNW is some one with net assets over US$ 30 million
Yatch -A frequently used type error of the word yacht.
Any input for this list?: please do send us a message