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 convicted 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 was under investigation, as according to sources a significant amount of money is owed to the yacht’s crew.
In March 2015 Blue Gold was damaged and grounded by Cyclone Pam. She lies abandoned on the beach in Vanuatu ever since.
She is a hazard, causing damage to the reef and the environment. Locals from Moso Island have asked the Government to remove the beached Super Yacht Blue Gold, from their reef. More here.