The Register is now an Excel file, for easier search and analysis. We updated all data by active market intelligence and added many new owners (now 870+). It is the must have list for professionals in the world of luxury yachting.
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1. The World’s Largest Super Yacht (measured by length).
Azzam, 180 meter (590 ft) owned by Sheikh Khalifa bin Zayed Al Nahyan. He is the Emir of Abu Dhabi (Azzam is the longest).
2. The World’s biggest yacht (measured by volume).
3. The World’s Largest Sailing Yacht.
Sailing Yacht A, built for Russian billionaire Andrey Melnichenko
4. The World’s Most Expensive Yacht.
5. The World’s Most Voluminous Yacht.
6. The Luxury Yacht with the Most Crew Members. This is probably Al Salamah. She has 94 crew and 40 personal staff, in a total of 60 crew cabins.
7. The World’s Fastest Yacht
8. The World’s Most Famous Mega Yacht
Probably Octopus, owned by Microsoft co-
9. The World’s Ugliest Yacht.
Probably Yas, a converted navy frigate (re)built for Sheikh Hamdan bin Zayed Al Nahyan of Abu Dhabi. The yacht design is complex.
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).
The late Paul Allen, with Octopus, Tatoosh and Meduse. He sold Meduse in 2016. He died in 2018.
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 list?: please do send us a message
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A superyacht (or or mega yacht) is a large and usually, privately-
A mega yacht generally cost more than US$ 10 million. Although the most expensive super yacht launches can stretch to several hundred million dollars. Eclipse is thought to be the most expensive yacht. She is rumored to have cost more than a billion US dollars.
The actual build price of the yacht will probably have been considerably less. We guess around US$ 500 million.
Based on the data of several hundred projects, we created this rough indication of prices (in US$ millions). The price is related to the length (in meters). See our list of the world’s top yacht 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 they are wider and thus have more volume.
Most large 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.
What are the cost of owning a large yacht? The yearly running costs (including crew, maintenance, interest on yacht loans, insurance and fuel) roughly account for 10% of the build price. So 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.
Nowadays the largest yachts are owned by Arabs or Russians. The biggest yacht in the world is Azzam (180 meters/590ft). She is 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-
The largest mega yachts are not necessarily the world's longest. One of the largest boats measured by interior volume is Al Salamah. Built for Prince Sultan of Saudi Arabia, it was put up for sale in 2012. This was after Prince Sultan died. Her asking price was EUR 250 million (US$350 million).
The new Dilbar, built for Alisher Usmanov also seems to be one of the largest yachts in the world. The largest sailing yacht is ‘Sailing Yacht A’. She is built for Russian billionaire Andrey Melnichenko. The longest yacht is Azzam.
One of the most modern (styled) luxury yachts is called simply A . She was built for the Russian billionaire Andrei Melnichenko. Another very modern boat is YAS, a 140-
The most famous of them all is probably Kingdom 5 KR owned by Prince Al Waleed bin Talal. He is a cousin of the King of Saudi Arabia. It was featured in the James Bond movie “Never Say Never Again”. The members of the Royal Family of Saudi Arabia own dozens of yachts.
Mega yachts are often purchased by UHNWI or Ultra High Net Worth Individuals.
A UHNWI is someone with net assets over US$ 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 yacht.
The mean net worth of a yacht owner is estimated at US$ 680 million. A figure no doubt influenced by the relative high number of billionaire Russians. The average age of a buyer of superyachts for sale is estimated around 65 years.
Many yacht owners have a house in Fort Lauderdale. The area is also a nice yachting destination.
The most famous UHNWI owners include Roman Abramovich, Larry Ellison and Google’s Larry Page.
It is expected that the amount spent on luxury yachts worldwide is increasing 25% the coming 5 years. There is a trend towards expedition vessels. In stead of (fast) displacement yachts.
But also new built yachts seem to grow bigger over the years. The yacht industry is doing well. And there are many yachts for sale. And the yacht charter brokers have a busy time.
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April 22, 2019 -
Shachou is a Custom Line Navetta 37, with a value of US$ 15 million. Ghosn is a former board member of Nissan and Renault. In 2018 he was dismissed as Nissan’s Chairman following allegations of misuse of company assets. Early 2019 he resigned as chairman and CEO of Renault. More here (tags: #yachtnews, #carlosghosn, #yachtshachou, #yachtowners)
April 7, 2019 -
The yacht was built for Malaysian billionaire Jho Low. The US filed criminal charges against Jho Taek Low in a in a money laundering investigation. The yacht was seized and auctioned. Her new owner is Lim Kok Thay, a billionaire from Asia More here (tags: #yachtnews, #equanimity, #limkokthay #gentinggroup)
March 26, 2019 -
The Picasso painting “Buste de Femme” (1938) was stolen in 1999 from the yacht Coral Island. The work of art was found in the residence of a Dutch real estate investor. He purchased the painting -
March 22, 2019 -
More here (tags: #yachtnews, #yachttis, #lurssen, #yachtowner)