All You Need to Know About Yuri Milner and his Yacht Andromeda
Yacht Name: Andromeda - Yacht Length: 107 m (351 ft) - Guests: 30 in 15 cabins - Crew: 30 in 14 cabins - IMO 9692545 - Yacht Value: US$ 250 million - Owners Name: Yuri Milner - Owners Net Worth: US$ 3.7 billion - Owners Company: Digital Sky Technologies - Owners Country: Russia - We were told that Yuri Milner is the owner of the Yacht Andromeda. We are aware of a denial of his ownership by Burgess Yachts, but we received numerous claims that he actually is the owner of the yacht. (Photos by Raphael Belly)
Who is Yuri Milner?
Milner is a Russian billionaire, residing in the USA. He is the founder of the investment company DST Global. Milner is an early investor in Internet companies as Facebook, Twitter, Spotify, AirBn and WhatsApp. He was shareholder and Chairman of Mail.Ru, Russia’s largest internet company.
Mail.Ru started as a simple email -service in 1998, but turned into the largest ‘Russia focused’ Internet company. In 2001 Milner merged his own Internet company NetBridge with Mail.ru and 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% of Facebook and 5% of Twitter. He sold all shares at a big profit. Other investments include Alibaba, WhatsApp, fashion company Farfetch and Habito.
The net worth of Yuri Milner is estimated at US$ 3.7 billion.
Yuri Milner House
Yuri and is wife Julia Milner live 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.
Yuri and Julia Milner are active philanthropists, 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 Yuri Milner owns a private jet, but we have not yet/jet been able to find its registration number. Do you know more about a private jet owned by Yuri Milner? Please do send us a message.
The yacht Andromeda 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). 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 Yuri Milner bought Andromeda. There is a Facebook link, as he is an early investor in Facebook. Quite soon Burgess Yachts (and not Mr. Milner) released a statement 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 Milner 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.
Yacht Andromeda Interior
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 and has a crew of 30.
Message to Other Media
Please mention - and link to - this page when using this information.
Yuri Milner Resources