Superyacht Owners Register

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All You Need to Know About Dennis Mehiel and his Yacht Helios 2

Yacht Name: Helios 2 - Length: 51 m (168ft) - Guests: 10 in 5 cabins - Crew: 17 in 7 cabins - IMO 1007110 - Value: US$ 15 million - Owner: Dennis Mehiel - Mehiel Net Worth: US$ 500 million - Company: US Corrugated - Country: USA - Dennis Mehiel is the Chairman of US Corrugated.

SuperYacht Helios 2

The yacht Helios 2 was built at Palmer Johnson Yachts and delivered in 2002.

Built for Stanley Hubbart

She was built for Stanley Hubbart, the owner of Hubbart Broadcasting. He sold the yacht to Dennis Mehiel. Helios 2 is designed by Sparkman & Stephens, while Ramsey Engler is responsible for her interior.

Yacht Helios

Helios can accommodate 10 guests and 17 crew. Helios 2 was sold in March 2017, with an asking price of USD 14.5 million

Oceanco Helios

We first thought that Mehiel also owned the Oceanco yacht Helios. But his is incorrect, the Oceanco Helios is owned by Lorenzo Fertitta. She is a 59 meter (194 ft) yacht originally built as Pegasus. The Oceanco accommodates 14 guests. The Oceanco is for sale as Lorenzo Fertitta is building a new larger yacht at Feadship.

Perini Helios

Mehiel owns the Perini Navi sailing yacht Helios. Helios is a 45 meter (149 ft) yacht launched in 2007. She is designed by Ron Holland Design. The yacht can accommodate 10 guests in 5 cabins. She was last refitted in 2016. The sailing yacht Helios is available for charter.

Charter Helios

The yacht Helios is not available for charter.

Dennis Mehiel

Dennis Mehiel is the owner of the yacht Helios 2.

Who is Dennis Mehiel?

Mehiel is Shareholder and Chairman of US Corrugated, producer of corrugated packaging products. US Corrugated is actually one of the largest independent manufacturers of corrugated packaging, active as producer of industrial packaging, retail packaging and product displays. If SuperYachtFan understands correctly than Mr. Mehiel’s father was already the owner of a packaging company, named Fore M.

BOX USA sold for US$ 204 Million

In 1966 Dennis founded his own packaging company named Box USA, which grew to become a leading company in the corrugated packaging industry. In 2004 Box USA was sold to International Paper for USD 204 million of which USD 198 million in cash.

Sweetheart Cup

Mehiel also owned approximately 38% of Sweetheart Cup, a leading manufacturer and supplier of single-service foodservice and beverage-related products in paper, plastic, and foam. Sweetheart Cup was sold in 2004 to the Solo Cup Company for USD 698 million.

Dennis Mehiel Net Worth

The net worth of Dennis Mehiel is estimated at more than USD 500 million. Mehiel is an active philanthropist, he supports the National Ethnic Coalition of Organizations and has donated to The Hellenic Initiative.