The Walton family are the owner of the yacht Aquila (ex Cakewalk), the largest private luxury yacht built in the US since the 1930s.
She was built by Derecktor Shipyards and delivered to her owner in 2010. Her exterior design was done by Tim Heywood, while her interior was designed by Dalton Designs. She can accommodate 14 guests, with a crew of 26. She has a steel hull with aluminum superstructure.
The yacht Cakewalk was put for sale in 2011 and was finally sold in December 2014. She had an asking price of EUR 119 million or approx. USD 150 million. She is now named Aquila and is owned by the Walton family.
In 2016 she was send to Pendennis for a refit, which would become the largest refit project to date. 750 sqm if interor was stripped an recreated to the new owners taste. An amazing feature is an 11 meter custum made chandelier stretching over 4 decks. Also the superstructure was repainted and several technical and communication systems were upgraded.
The yacht Aquila is owned by Walton family member. We are not sure which family member owns the yacht. If you do, please do send us a message. We do know that Nancy Walton Laurie owns the yacht Secret.
The Walton family is considered to be the richest family in the world. Forbes estimates their net worth at an amazing US$ 130 billion. The source of wealth is the Walmart company.
Walmart is the world's largest company by revenue, according to the Fortune Global 500 list in 2016. The 2016 revenue is US$ 482 billion with a US$ 15 billion net income. Walmart is also the largest private employer in the world with 2.2 million employees.
The Walton family fortune is primarily held by Sam's three living children -
The Derecktor yacht Cakewalk was built for Charles Gallagher, owner of Gallagher Industries.
Gallagher Industries, headquartered in Denver, is a family-
The success of Gallagher Industries began in 1986 with the acquisition of Applied Industrial Materials Corporation. Charles Gallagher saw unrealized business potential in this International Minerals and Chemicals division. Charles Gallagher transformed the company to generate significant earnings, pay down the transaction debt and buy out an outside investor group in less than two years.
Gallagher sold Aimcor in 1997 to Walter Industries for USD 400 million. Charles Gallagher began his career with Owens Corning Fiberglass in Toledo, Ohio. In his 20 years there, he held several senior management positions. In 1980 Gallagher became President and CEO of Denver based Susquehanna Corporation, where he executed a successful turnaround of this publicly-
Charles Gallagher has a net worth of more than US$ 500 million. Gallagher currently owns a 55 meter Benetti yacht, also named Cakewalk.