The yacht Lady A was built as Southern Cross at Sterling Yachts in Japan. She is designed by Jon Bannenberg, who was responsible for both her interior and exterior.
She was delivered in 1986 to her then owner Alan Bond. Alan Bond was an Australian entrepreneur, active in real estate, energy and media.
In 1992 he was declared bankrupt and in 1997 he was convicted of fraud en sentenced to seven years in prison.
At the time of his death in 2015, his net worth was estimated at more than US$ 200 million.
Following his financial problems Southern Cross was sold and renamed Indian Princess, and was probably owned by Vijay Mallya.
Later her name was changed back to Southern Cross and in 2012 she was sold again and named Emihar Chios, while owned by Greek shipping tycoon Harry Vafias, CEO of Stealth Gas.
In 2015 she was purchased by Lord Alan Sugar and named Lady A.
The boat is not available for yacht charter.
Lord Alan Michael Sugar is a UK born billionaire and founder of several companies.
He is best known for the company Amstrad, active in consumer electronics. Founded by Sir Alan as an electrical goods retailer in 1968, Amstrad was listed on the London Stock Exchange in 1980.
Its name is an acronym of Alan Michael Sugar Trading. Amstrad launched a home computer package aimed at the mass market in the mid-
In 2007 Lord Sugar sold his remaining shares in Amstrad for approx. US$ 250 million.
Sugar now owns a large real estate portfolio through AMSprop (“Alan Michael Sugar Properties” focused upon ultra-
Lord Sugar owns a US4 30 million Embraer Legacy 650 private jet, with registration G-
The net worth of Alan Sugar is estimated at US$ 1.5 billion.
Alan Sugar owns a large mansion in Chigwell, Essex, and a beach front house in Marbella, Spain. Sugar also owned a large mansion in Boca Raton (Florida) which he sold in 2015 for US$ 6.8 million.
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