Introducing the exquisite yacht Altair III, a 59-meter custom motor yacht built in 1974 by renowned shipyard Amels, initially named Cargill.
Stylish Design and Interiors
Altair III’s stunning interior design is the work of the talented Jon Bannenberg, while her captivating exterior comes from the creative minds at Sam Sorgiovanni Designs.
Impressive Specifications
The lavish yacht Altair III provides comfortable accommodation for up to 12 guests and has space for a crew of 20. Powered by three diesel-electric Paxman engines, she boasts a cruising speed of 11 knots.
Uncovering Altair’s Billionaire Owner
The yacht’s owner is none other than Italian billionaire Diego Della Valle. Diego Della Valle is a prominent businessman and entrepreneur, serving as the chairman and CEO of luxury fashion brand Tod’s, which he co-founded with his brother in the 1970s. Tod’s is renowned for its high-quality leather goods, such as shoes, bags, and accessories.
Altair III Yacht: What’s the Cost?
With an estimated value of $40 million, Altair III’s annual running costs amount to approximately $4 million. The price of a yacht can fluctuate considerably, influenced by factors including size, age, level of luxury, and the cost of materials and technology used in its construction.
AMELS Yachts
Amels Yachts is a luxury yacht builder based in the Netherlands. The company was founded in 1918 and has become one of the most respected yacht builders in the world. It specializes in building custom-made luxury motor yachts that range in size from 50 to over 180 feet in length. Amels yachts are known for their exceptional craftsmanship, innovative design, and use of advanced technology. In 2011, Amels became a member of the Damen Shipyards Group, a Dutch shipbuilding company, which allows them to offer a wider range of services and solutions for the shipbuilding industry. Notable projects include HERE COMES THE SUN, ILONA, and ENERGY.
Bannenberg & Rowell Design
Bannenberg & Rowell Design is a yacht design studio that specializes in the design and interior styling of luxury yachts. The studio was founded by Dickie Bannenberg and Simon Rowell in 1999 and is based in London, United Kingdom. Dickie is the son of the late JON BANNENBERG. Jon Bannenberg was a pioneering yacht designer and architect from Australia. He was widely considered to be one of the most influential yacht designers of the 20th century. Notable projects include David Geffen’s yacht RISING SUN, the Lurssen LIMITLESS, and the iconic KINGDOM 5KR.
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Yacht Charter
The boat is not available for yacht charter. And the yacht is not listed for sale.
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