Yacht Name: Andromeda -
Yuri Milner Net Worth: US$ 3.7 billion -
We were told that 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)
Venture capital investor Milner is a Russian billionaire. He is residing in the United States. 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. 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 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. 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 (and not Mr. Milner) released a statement. Claimin 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.
However we were contacted by a representative of Mr. Milner, denying his involvement in the yacht.
“Information that Andromeda is owned by Milner is not accurate. “
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.
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