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SuperYacht Majestic

The yacht Majestic was built as Secret for Nancy Walton Laurie, the daughter of Bud Walton, the brother and business partner of Wal-Mart founder Sam Walton. The yacht was delivered to Mrs Laurie in 2007, but information can be found here that she sold the yacht in 2010 for USD 69 million to Bruce Sherman.


Legal Battle over Sales Commissions

This transaction lead to some legal battle as the broker involved was fired by the brokerage firm before completion of the sale. The broker claimed USD 4,8 million in lost commissions. Mr. Sherman himself was not a party in this battle. The information that Mr. Sherman owns Majestic is supported here, where it is stated that Mr and Mrs Sherman donated a week in a 201ft yacht. And according to this document the ‘donated yacht’ is a Feadship. And as far as SuperYachtFan is informed, Majestic is the only 201ft Feadship built.


Denying Ownership

However SuperYachtFan received an e-mail from a Florida Lawyer, claiming to represent Mr. Sherman, stating that Mr. Sherman is actually not the owner of the yacht. But search here for this case: CACE11013809, and it will be clear that Mr. Sherman purchased Majestic.


Secret

Nancy Walton Laurie ordered a new 82 meter yacht - also named Secret - at Abeking & Rasmussen, which was delivered to her in 2013. The interior design of both yachts is done by Jim Harris.






Yacht Majestic

The yacht Majestic was built in 2007 at Feadship in the Netherlands. Majestic can accommodate 14 guests and a crew of 16. Her twin Caterpillar engines give her a top speed of 16 knots. Her features include a cinema, a Jacuzzi and a gym. Her interior is designed by Jim Harris.


Charter Majestic

The yacht Majestic is available for charter, enquire for your ultimate charter experience.

Bruce Sherman

Bruce Sherman is the co-founder of wealth management company Private Capital Management.


Private Capital Management

Private Capital Management was the largest independent money management firm in the Southeastern U.S. Bruce launched PCM in 1986 and sold the firm to Legg Mason in 2001 for USD 1,3 billion. After the sale he remained CEO and led the firm to a prestigious  #1 ranking as "the World's Best Money Managers" .


Acquisitions

Successful acquisitions include the Local Financial Corporation, a bank in Oklahoma which was acquired for USD 26 million in 1989 and sold for USD 160 million in 1997. Sherman made wise investments in Qualcomm before its stock soared 2,000 percent in the late 1990s and Apple in which he invested before the iPod, Iphone and Ipad made the company successful again.


M4 Capital

In 2004 Sherman managed more than USD 30 billion in assets. After retiring as CEO in 2009, he became Chairman and Chief Executive Officer of M4 Capital.


Miami Marlins

In August 2017 Bruce Sherman and Derek Jeter purchased the Miami Marlins baseball team for US$ 1.2 billion. Derek Jeter is a former professional baseball shortstop. After his retirement, Jeter began to pursue business interests, including publishing.


Net Worth

Bruce Sherman’s net worth is estimated at more than USD 500 million. Bruce Sherman is a family member of Judge Judy.


Philanthropy

Bruce and his wife Cinthia are the founders of the Bruce and Cynthia Sherman Charitable Foundation. The foundation supports a variety of charitable and philanthropic causes, including childhood development, advanced medical research and education, and the performing and visual arts. The annual Sherman Prize honors exceptional and pioneering achievements in Crohn’s disease and ulcerative colitis.


Bruce Sherman House

Bruce and his wife Cynthia live in a large penthouse in Naples, Florida.


Resources

http://www.napleswinefestival.com/trustees/cynthia-bruce-sherman/

https://www.wsj.com/articles/SB123733698924664287

http://www.shermanprize.org/the-shermans

http://www.yachtmajestic.com/

Motor yacht Majestic - Bruce Sherman built as Secret for Nancy Walton tender of the yacht Majestic Luxury yacht Majestic Bruce Sherman's yacht Majestic in Antibes Bruce Sherman - Private Capital Management

Motor yacht Majestic, owned by wealth manager Bruce Sherman

Super yacht Majestic was built as Secret for Nancy Walton Laury

Tender of the yacht Majestic

Luxury yacht Majestic

Majestic, seen in Antibes, is available for charter

Bruce Sherman is the co-founder of Private Capital Management.

Previous yacht:

Madame Kate

Next yacht:

Mariu

luxury yacht Majestic in Montreal

The yacht in Montreal, photo by Robert Shea

Follow the position of the yacht Majestic live

Bruce Sherman - Yacht - Yacht Name: Majestic - Yacht Length: 61 m (201 ft) - Guests: 14 in 7 cabins - Crew: 16 in 8 cabins - Yacht Value: US$ 70 million - Owners Name: Bruce Sherman - Net Worth: US$ 500 million - Owners Company: M4 Capital - Owners Country: USA - Majestic was built as Secret for Nancy Walton Laurie. She sold her yacht for US$ 69 million to Bruce Sherman.

yacht majestic interiorinterior majestic