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Yachts of Graeme Hart

Graeme Hart is a ‘serial yacht owner’, he as owned several yachts and has one more large yachts under constrution.

Yacht Ulysses

He recently sold the 106 meter Expedition yacht Ulysses, which was sold in October 2017 asking US$ 195 million. He also owned the 60 meter (195ft) expedition yacht Ulysses, built by Trinity. This yacht has been sold to a Russian owner and is now called Grand Rusalina.

Greame Hart has currently another large expedition yacht in order at the Norwegian Kleven Verft: a 116 meter (381ft) yacht to be delivered in 2018. The yacht is  designed by Marin Teknikk AS.   

The Russian owner of the yacht Grand Rusalina is Rustem Teregulev, he is active in the gas industry. He has owned other yachts: a 25 meter (83ft) Moonen named Rusalina and a 43 meter (137ft) expedition yacht named Rusalina EXP.

Graeme Hart

He is a New Zealand businessman reported to be the richest person in Australasia with net worth of USD 7.4 billion. The 2007 September issue of the New Zealand Listener listed Hart as being the 29th most powerful New Zealander.

He prefers to stay out of the general media and makes few public appearances. Graeme Hart has a preference for buying under-performing and under-valued companies with steady cash flows which can be turned around through strong cash management, cost-cutting and restructuring with other businesses.

Carter Holt Harvey

Since his 2006 purchase of Carter Holt Harvey he has focused his acquisitions on the paper packaging sector. His largest acquisition to-date was for Alcoa's Packaging & Consumer group in 2008 for USD 2.7 billion, later renamed Reynolds Packaging Group.

He does not directly manage his businesses, and is focused mostly on the financing related to re-capitalization of the companies.

Rank Group

Rank Group Ltd is Graeme Hart's private investment company. Rank Group is the 100% owner of Burns Philp and Carter Holt Harvey. Rank had assets of approximately NZD 3 billion in cash after selling the assets of Burns Philp and floating Goodman Fielder in 2004.

Goodman Fielder is one of Australasia’s largest food companies. Graeme Hart also owns the US based UCI-FRAM group, active in auto car parts and auto car products and United Components, Inc, also active in car parts.

Private Jet

Hart owns at least two private jets: a Bombardier BD-700 with registration N18WZ and another BD-700 with registration N57LE. Both jets are registered to Felham Enterprises,

yacht Ulysses

Graeme Hart’s 107 meter Expedition Yacht Ulysses

Kleven 116 yacht

Graeme Hart's 116 meter Kleven yacht

Benetti yacht Ulysses

Graeme Hart's Benetti yacht Ulysses

Expedition yacht Ulysses now named Grand Rusalina

The yacht Grand Rusalina, ex Ulysses

Graeme Hart’s Bombardier private jet

Graeme Hart private jet N18WZGraeme Hart's Bombardier N57LE

Rusalina Exp yacht

Rusalina EXP yacht owned by a Russian billionaire

Previous yacht owner:

Paul Allen

Next yacht owner:

Bill Gates