Yacht Name: Sapphire -
Owners Name: Filaret Galchev -
The yacht Sapphire was built by Nobiskrug, in a series of five yachts for Kristal Waters.
Kristal Waters is a construction and management company of fine luxury superyachts, owned by the Reuben Brothers.
The other yachts are Triple Seven, Siren, Mogambo and Graffiti. David and Simon Reuben are successful private equity and venture capital investors.
Forbes estimates their combined net worth at US$ 11.5 billion.
Her owner Filaret Galchev previously owned a Riva Athena 115, named Galatea, which he purchased new in 2007 for EUR 13 million.
In December 2011 Galatea caught fire at her mooring in the Athens Marina. As a result of the fire, Galatea was damaged beyond repair.
As Galatea was purchased new, this means that Galchev gave her this name. This probably means that Filater Galchev also owns the Heesen Galatea, which was delivered in 2014.
The yacht Sapphire is not available for charter.
Who is Filaret Galchev? He is the founder and chairman of the Eurocement Group. Galchev is Russian billionaire of Greek origin.
The Eurocement Group is the biggest producer of cement and concrete in Russia. Making up almost 40% of the Russian cement market, EUROCEMENT group is also among the world’s top ten cement producers.
The Eurocement Group also owns Eurobeton, one of the largest concrete producers in Russia. In the early 1990 Filaret Galchev built Russia’s largest coal-
The company was the basis for Eurocement. Eurocement realizes annual sales of US$ 2 billion with 16 plants in Russia, Ukraine and Uzbekistan. Galchev has written several books including Coal Marketing in Russia and Acute Issues of Mining Economy.
Filaret Galchev owns a Bombardier Global 5000 private jet, with registration HB-
Forbes estimates the net worth of Galchev at US$ 1.1 billion (March 2018), which makes him one of the richest Russians.
Galchev, known as Filaretos Kaltsidis in Greece, lives in Moscow, Russia. He also owns a large holiday house in Koroni, Greece
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