The yacht Majestic was built by Feadship as Secret for Nancy Walton Laurie, the daughter of Bud Walton, the brother and business partner of Wal-Mart founder Sam Walton.
The yacht was delivered to Mrs Laurie in 2007, but information can be found here that she sold the yacht in 2010 for $69 million to Bruce Sherman.
Legal Battle over Sales Commissions
This transaction lead to some legal battle as the broker involved was fired by the brokerage firm before the completion of the sale.
The broker claimed USD 4,8 million in lost commissions. Mr. Sherman himself was NOT a party in this battle.
The information that Mr. Sherman owns Majestic is supported here, where it is stated that Mr and Mrs Sherman donated a week in a 201ft yacht.
And according to this document, the ‘donated yacht’ is a Feadship. And as far as SuperYachtFan is informed, Majestic is the only 201ft Feadship built.
Nancy Walton Laurie ordered a new 82-meter yacht – also named Secret – at Abeking & Rasmussen, which was delivered to her in 2013. The interior design of both yachts is done by Jim Harris.
Yacht Majestic Interior
The yacht Majestic was built in 2007 at Feadship in the Netherlands. Majestic can accommodate 14 guests and a crew of 16.
Her twin Caterpillar engines give her a top speed of 16 knots. Her cruising speed is 12 knots. Her features include a cinema, a Jacuzzi and a gym. Her interior is designed by Jim Harris.
Who is the Owner of the Yacht MAJESTIC?
The yacht’s owner is Miami based millionaire Bruce Sherman. Bruce Sherman is an American businessman and investor. He is the founder and CEO of Private Capital Management (PCM), a large investment firm that manages money for high net worth individuals, foundations and endowments. He is known for his expertise in value investing and his long-term investment approach. He has been recognized for his successful investment track record, and is considered one of the most successful and influential investors in the United States.
In 2017, Sherman led a group of investors that acquired the Miami Marlins.
However, SuperYachtFan received an e-mail from a Florida Lawyer, claiming to represent Mr. Sherman, stating that Mr. Sherman is actually not the owner of the yacht.
But search here for this case: CACE11013809, and it will be clear that Mr. Sherman purchased Majestic.
How Much is the MAJESTIC Yacht?
Her value is $70 million. Her annual running costs are around $7 million. The price of a yacht can vary greatly depending on a number of factors, including the size, age, and level of luxury of the yacht, as well as the materials and technology used in its construction.
Feadship is a Dutch yacht building company, based in Aalsmeer and Kaag, Netherlands. It was founded in 1949 and it is considered one of the most prestigious and exclusive yacht builders in the world. Feadship specializes in building custom-made luxury motor yachts, ranging in size from 40 meters to over 100 meters in length.
Feadship yachts are known for their exceptional craftsmanship, innovative design, and use of advanced technology. The company also offers a wide range of services, including yacht design, engineering, and construction, as well as after-sales support and maintenance.
Feadship yachts are highly sought after by wealthy individuals and celebrities around the world, and the company has built yachts for many high-profile clients.
Feadship is a cooperation between yacht builders De Vries and Van Lent.
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The boat is not available for yacht charter. And the yacht is not listed for sale.
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