Blue Gold -
Joep van den Nieuwenhuyzen -
Joep van den Nieuwenhuyzen is a Dutch investor. In the 1980’s he bought bankrupt companies and turned them around to profitability.
In 1985 he acquired the Royal Begemann Group. The Begemann group grew within a few years into a company with 140 subsidiaries with a value of 1.35 billion dollars. Van den Nieuwenhuyzen was accused of insider trading. In 2006 he was conficted of fraud.
The yacht Blue Gold is the largest sailing yacht built by Benetti. She sleeps up to 12 persons in five staterooms. In 2012 the yacht was seized by the Vanuatu government for unpaid taxes. Blue Gold remains under investigation, as according to sources a significant amount of money is owed to the yacht’s crew.