[Abdulla al Futtaim]: his Crazy US$ 280,000,000 Yacht RADIANT

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All You Need to Know About Abdulla al Futtaim and his Yacht Radiant

Yacht  - name: Radiant - Yacht Length: 110 m (361 ft) - Guests: 16 in 8 cabins - Crew: 44 in 20 cabins - IMO 9571105 -Yacht Value: US$ 280 million - Owners Name: Abdullah al Futtaim - Net Worth: US$ 3.3 billion - Owners Company: Al Futtaim - Owners Country: UAE - Abdulla Al Futtaim is one of the richest men in Dubai.

Yacht Radiant

The luxury yacht Radiant was built by the famous Lurssen Shipyard as a sistership to Pelorus and was delivered to her owner in 2009. Radiant has a length of 110 meters (361ft) and is designed by Tim Heywood with an interior by Glenn Pushelberg. She can accommodate 16 guests and a crew of 44. It is said that the yacht has an extreme powerful water canon, so it can defend itself from (pirate) attacks.


Built for Boris Berezovsky for EUR 148 million

At her delivery she was one of the largest yachts in the world. Radiant was built for the Russian tycoon Boris Berezovsky. He ordered the yacht at Lurssen for an amount of EUR 148.540.000. When Berezovsky ran into financial difficulties, he failed payment on installments and the construction of the yacht was delayed. There was a contractual risk of losing the yacht, if payments were not made on time.


Sold to Abdulla al Futtaim for EUR 240 million

Berezovsky asked Edmiston to sell his yacht with an asking price of EUR 350 million. Edmiston asked Merle Wood to assist in the sale. Merle Wood contacted Al Futtaims captain Sean Wrigley, who forwarded the yacht’s details to the Al Futtaim family, claiming a commission of EUR 3 million if the family would actually purchase the yacht. The Al Futtaim family negotiated the purchase with Mr Berezovsky and agreed to purchase the yacht for EUR 240 million. Edmiston claimed a sales commission on the purchase, which Mr. Berzovsky denied to pay.


Al Futtaim’s captain claimed USD 3 million commission

In a 2011 London court decision, a commission of EUR 6.0 million was rewarded to Edmiston, of which 70% was payable to Merle Wood. It is unclear whether Al Futtaim’s captain received his claimed EUR 3 million. All photos on this page are made by Ship Dreams.


Charter Radiant

The yacht Radiant is not available for charter

Abdulla al Futtaim

Abdulla al Futtaim is the owner of the luxury yacht Radiant. Who is Abdulla al Futtaim? Al Futtaim is owner of the Al Futtaim Group.


Al Futtaim Group

The Al Futtaim Group is a Dubai based conglomerate active in retail, automotive, technology and real estate. Al-Futtaim operates more than 65 companies and employs more than 20,000 people.


Abdullah al FuttaimAl Futtaim Motors

Al-Futtaim Motors is the largest distributor of automobiles and automotive products in the United Arab Emirates. Four out of every 10 cars on the UAE roads are from Al-Futtaim. Al-Futtaim has close to 150 retail outlets in the UAE alone, more than any other retail network and represents some of the world’s most popular retail brands including Marks & Spencer, IKEA, ACE, Toys ‘R’ Us, Ladybird, Danier, Intersport and Judith Leiber.


Ikea

Al-Futtaim holds the franchise rights for IKEA in Egypt, Oman, Qatar and the United Arab Emirates.


Al Futtaim Net Worth

Forbes estimates the net worth of Abdulla al Futtaim at US$ 3.1 billion. The Al Futtaim family is one of the richest in the UAE.


Omar Al Futtaim

Abdulla’s son Omar al Futtaim is CEO of the group, and he is also director at the Commercial Bank of Dubai. Abdulla’s brother Majid Al Futtam is also a billionaire, he owns the yacht Quattroelle.


52 Meter Amels

The family has owned many yachts, including the 52 meter Amels Radiant (now named Lightning)

yacht Radiant

Superyacht Radiant, owned by the UAE based Al Futtaim family.

Radiant in GermanyLurssen Radiant, built as Darius

The Lurssen Radiant was built as Darius for Boris Berezovsky

Radiant upper deck

The upper deck with helicopter landing facilities

Al Futtaim family yacht

Radiant has a nice main deck pool.

Superyacht Radiant

Superyacht Radiant in Germany, photo by Ships Dream

Al Futtaim yacht

Abdulla Al Futtaim owns the Al Futtaim Group, based in Dubai

Previous yacht:

Quattroelle

Next yacht:

Rhino

Follow the location of the yacht Radiant live

Radiantradiant yacht

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