The yacht Sorrento (ex Lumiere III) was built as Bistango. For a (we believe) Japanese millionaire. She was delivered in 2010 by Benetti. Later she was owned by mining billionaire Chris Cline.
He died in a helicopter accident. The yacht was sold to Miquel Rincon and is now named Lumiere III
The luxury yacht can accommodate 12 guests and has a crew of 14. Her opulent interior with marble and gold is designed by Studio Massari.
Her MTU engines give her a top speed of 16 knots. Her cruising speed is 15 knots. The motor yacht has a range of 8,000nm. She was refitted in 2015. The yacht can accommodate a helicopter on her heli deck.
The yacht’s owner is Miguel Rincon. He bought the yacht from the estate of Chris Cline.
The yacht’s previous owner was Chris Cline, who named her Mine Games (like his previous Trinity yacht).
Cline was born in July 1958. He started as an underground coal miner. He moved to management in the coal industry. And founded the Cline Group. He is sometimes referred to as King Coal. He also owns Gogebic Taconite. He was married to Kelly, together they had 4 children.
Cline died in a helicopter crash in July 2019. His helicopter was on its way from the Bahamas to Fort Lauderdale when it crashed into the Atlantic Ocean.
Cline and 6 others, including his daughter, died in the crash. The cause of the crash is unknown at this time. A statement from the Royal Bahamas Police Force said the helicopter went missing shortly after leaving Big Grand Cay.
The Cline Group is the holding company for Cline’s mining activities. The group operated some of the most productive underground coal mines. And was one of the top 20 coal producers in the United States. In 2003 the Cline Group sold part of its operations and founded Foresight Energy.
Foresight Energy is a leading producer of thermal coal. With reserves in the Illinois Basin. The company is one of the largest holders of coal reserves in the United States.
Illinois coal is relatively cheap. But power plants using coal need scrubbers to reduce sulfur dioxide emission. When federal regulations went into effect requiring power plants to install scrubbers demand for his cheaper coal soared.
Foresight Reserves LP realizes annual sales of US$ 1 billion. Foresight went public in 2014 and Cline sold a controlling stake in 2015 for US$ 1.4 billion in cash.
He also owned a share in Gogebic Taconite. An iron-ore mining company active in Wisconsin. It is designed to produce low-grade taconite pellets used for steelmaking,
Chris Cline Net worth
His net worth was estimated at $2 billion
The luxury yacht was listed for sale in 2018, asking US$ 30 million. We think Cline was building a new yacht.
Message to Other Media
Please mention SuperYachtFan when using this information! Most photos on this page by Raphael Belly Photography.
The boat is not available for yacht charter. And the yacht is not listed for sale.
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