Yuri Milner: his Net Worth, his House, Private Jet and his yacht Andromeda
Andromeda Yacht | Specifications
107 m (351 ft)
30 in 15 cabins
30 in 14 cabins
Marin Teknikk AS
US$ 250 million
Yacht For Sale:
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Russia / USA
Milner Net Worth:
US$ 3.7 billion
Digital Sky Technologies, Mail.ru
November 11, 1961
Los Angeles, California, USA
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We were told that Milner is the owner of the Yacht Andromeda. We are aware of a denial of his ownership by Burgess Yachts. Some call her Mark Zuckerberg yacht. (Photos by Raphael Belly).
Official statement: From Alice McGillion, spokesperson for Yuri Milner: “Neither Yuri Milner nor any family member nor any entity affiliated with him or his family owns the Andromeda yacht.”
But in the meantime (Sept. 2019) we hear from many (industry) sources that Milner also bought the 116 meter Ulysses from Graeme Hart.
And we were told that he was spotted on board the yacht Andromeda, while yacht was in Singapore earlier this year. He visited the yacht with a team from Burgess Yachts.
Venture capital investor Milner is a Russian billionaire. He was born in November 1961 in Moscow. He is residing in the United States. He is the founder of the investment company DST Global. He is married to Julia Milner, they have 3 children.
Milner is an early investor in Internet companies as Facebook, Twitter, Spotify, AirBn and WhatsApp. He was shareholder and Chairman of Mail.Ru. Mail Ru is Russia’s largest internet company.
Mail.Ru started as a simple email -
In 2001 Milner merged his own Internet company NetBridge with Mail.ru. He became CEO of the group. In 2003 he resigned and founded Digital Sky Technologies.
In 2006 DST bought Mail.RU for US$ 100 million. In 2010 he brought the company to the London stock market, raising US$ 5 billion.
DST Global is Milner’s private investment fund. Through DST, Milner owned 8% stake in Facebook and 5% of Twitter. He sold all shares at a big profit.
He owns other investments in companies including Alibaba, WhatsApp, fashion company Farfetch and Habito.
His net worth is estimated at US$ 3.7 billion.
Yuri and his wife Julia Milner live with their 3 daughters in a large house in Los Angeles. The house is built on a hill. And has amazing views over the area. He reportedly paid US$ 100 million for the house in 2011. They also owns a house in Silicon Valley.
Yuri and Julia Milner are active philanthropists. They are supporting science and education. In 2012 he established the Fundamental Physics Prize. Which awards US$3 million per year to physicists for their achievements in fundamental physics.
Milner joint the Giving Pledge, dedicating the majority of his wealth to ‘giving back’.
We think he owns a private jet. But we have not yet been able to find its registration number. Do you know more about a private jet owned by Milner? Please do send us a message.
The Andromeda yacht was built as Ulysses for Graeme Hart. He actually ordered two yachts: a 107 and a 116 meter. And put the first one for sale asking EUR 195 million.
Andromeda has a steel hull. She is powered by 6 (!) Caterpillar engines. She has a total power of 6660 Kw. (Approximate 10,000hp). Which bring her a top speed of 17 knots. Her cruise speed is 15 knots. Her range is 8,500nm.
She features an helicopter landing platform, with an approval for a EC 145 or Bell 429 helicopter.
The yacht was sold and is now named Andromeda. Immediately after the sale some rumors started that the yacht was bought by ‘a Facebook founder’. Facebook quickly issued a statement that Mark Zuckerberg was not the buyer of Andromeda.
There were also rumors that Milner bought Andromeda. There is a Facebook link, as he is an early investor in Facebook. Quite soon Burgess Yachts released a statement. Claiming that Milner is not the owner.
But in the meantime we keep receiving strong and persistent messages. From several of our sources that Mr Milner is actually the owner of the yacht.
We found some supporting evidence of the statement that he owns Andromeda. The yacht is formally registered to a company named Proxima Y Ltd, based in the Cayman Islands.
This company Proxima Y uses the same address (a certain PO Box in the Cayman Islands) as a formal SEC statement issued by DST Global. And we have a source who claims he spotted Milner on board the yacht, together with a team from Burgess Yachts.
However we were contacted by a representative of Mr. Milner, denying his involvement in the yacht. They claim that the similar address is a coincidence.
“Information that Andromeda is owned by Milner is not accurate. “
We hear from many sources, from within the industry, that Milner also bought the 117 meter expedition yacht Ulysses from Graeme Hart. Hart has just purchased the CRN yacht Cloud 9 in August 2019. He named her Odyssey.
Andromeda has an amazing interior by H2 Yacht Design. See some interior photos of Andromeda hereunder.
Her features include a wine bar, a large swimming pool, a cinema, a sauna and a large gym. She can accommodate 30 guests in 15 cabins. She has a crew of 43 in 24 cabins.
The is a private owners deck deck. With a full width owner’s lounge and office with private balcony.
There is a full cinema with Sony 300ES projector, Elite screens Acoustic pro UHD screen. The speakers offer full surround sound and 3D projection
The yacht has a custom built 12 meter (40’) Van Dutch limotender powered by 2 x 480hp Cummins.
Immediately after the new broke out that (then) Ulysses was sold, rumours in the yacht industry started that Zuckerberg had bought the yacht. But Facebook quickly released a press statement claiming that Zuckerberg did not buy the yacht.
There was a Facebook shareholder link though, as we soon heard that Milner bought the yacht. We are still trying to find out if Mark Zuckerberg owns a superyacht.
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