billionaire super yachts

10 of the most impressive superyachts owned by billionaires

From a sailing yacht owned by a russian billionaire industrialist to the luxury launch of the patek philippe ceo, here are the best billionaire-owned boats on the water….

Words: Jonathan Wells

There’s something about billionaires and big boats . Whether they’re superyachts or megayachts, men with money love to splash out on these sizeable sea-going giants. And that all began in 1954 — with the big dreams of Greek shipping magnate Aristotle Onassis.

Onassis, keen to keep his luxury lifestyle afloat when at sea, bought Canadian anti-submarine frigate HMCS Stormont after World War II. He spent millions turning it into an opulent super yacht, named it after his daughter — and the Christina O kicked off a trend among tycoons. To this day, the world’s richest men remain locked in an arms race to build the biggest, fastest, most impressive superyacht of all. Here are 10 of our favourites…

Eclipse, owned by Roman Abramovich

Built by: Blohm+Voss of Hamburg, with interiors and exteriors designed by Terence Disdale. Launched in 2009, it cost $500 million (the equivalent of £623 million today).

Owned by: Russian businessman Roman Abramovich, the owner of private investment company Millhouse LLC and owner of Chelsea Football Club. His current net worth is $17.4 billion.

Key features: 162.5 metres in length / 9 decks / Top speed of 22 knots / Two swimming pools / Disco hall / Mini submarine / 2 helicopter pads / 24 guest cabins

Sailing Yacht A, owned by Andrey Melnichenko

Built by: Nobiskrug, a shipyard on the Eider River in Germany. The original idea came from Jacques Garcia, with interiors designed by Philippe Starck and a reported price tag of over $400 million.

Owned by: Russian billionaire industrialist Andrey Melnichenko, the main beneficiary of both the fertiliser producing EuroChem Group and the coal energy company SUEK. Though his current net worth is $18.7 billion, Sailing Yacht A was seized in Trieste on 12 March 2022 due to the EU’s sanctions on Russian businessmen.

Key features: 119 metres in length / 8 decks / Top speed of 21 knots / Freestanding carbon-fibre rotating masts / Underwater observation pod / 14 guests

Symphony, owned by Bernard Arnault

Built by: Feadship, the fabled shipyard headquartered in Haarlem in The Netherlands. With an exterior designed by Tim Heywood, it reportedly cost around $150 million to construct.

Owned by: French billionaire businessman and art collector Bernard Arnault. Chairman and chief executive of LVMH, the world’s largest luxury goods company, his current net worth is $145.8 billion.

Key features: 101.5 metres in length / 6 decks / Top speed of 22 knots / 6-metre glass-bottom swimming pool / Outdoor cinema / Sundeck Jacuzzi / 8 guest cabins

Faith, owned by Michael Latifi

Built by: Similarly to Symphony above, also Feadship. With exteriors designed by Beaulieu-based RWD, and interiors by Chahan Design, it cost a reported $200 million to construct in 2017.

Owned by: Until recently, Canadian billionaire and part-owner of the Aston Martin Formula 1 Team , Lawrence Stroll. Recently sold to Michael Latifi, father of F1 star Nicholas , a fellow Canadian businessman with a net worth of just under $2 billion.

Key features: 97 metres in length / 9 guest cabins / Glass-bottom swimming pool — with bar / Bell 429 helicopter

Amevi, owned by Lakshmi Mittal

Built by: The Oceanco shipyard, also in The Netherlands. With exterior design by Nuvolari & Lenard and interior design by Alberto Pinto, it launched in 2007 (and cost around $125 million to construct).

Owned by: Indian steel magnate Lakshmi Mittal, chairman and CEO of Arcelor Mittal, the world’s largest steelmaking company. He owns 20% of Queen Park Rangers, and has a net worth of $18 billion.

Key features: 80 metres in length / 6 decks / Top speed of 18.5 knots / On-deck Jacuzzi / Helipad / Swimming Pool / Tender Garage / 8 guest cabins

Odessa II, owned by Len Blavatnik

Built by: Nobiskrug, the same German shipyard that built Sailing Yacht A . Both interior and exterior were created by Focus Yacht Design, and the yacht was launched in 2013 with a cost of $80 million.

Owned by: British businessman Sir Leonard Blavatnik. Founder of Access Industries — a multinational industrial group with current holdings in Warner Music Group, Spotify and the Grand-Hôtel du Cap-Ferrat — he is worth $39.9 billion.

Key features: 74 metres in length / 6 guest cabins / Top speed of 18 knots / Intimate beach club / Baby grand piano / Private master cabhin terrace / Outdoor cinema

Nautilus, owned by Thierry Stern

Built by: Italian shipyard Perini Navi in 2014. With interiors by Rémi Tessier and exterior design by Philippe Briand, Nautilus was estimated to cost around $90 million to construct.

Owned by: Patek Philippe CEO Thierry Stern. Alongside his Gulstream G650 private jet, Nautilus — named for the famous sports watch — is his most costly mode of transport. His current net worth is $3 billion.

Key features: 73 metres in length / 7 guest cabins / Top speed of 16.5 knots / Dedicated wellness deck / 3.5 metre resistance pool / Underfloor heating / Jet Skis

Silver Angel, owned by Richard Caring

Built by: Luxury Italian boatbuilder Benetti. Launched in 2009, the yacht’s interior has been designed by Argent Design and her exterior styling is by Stefano Natucci.

Owned by: Richard Caring, British businessman and multi-millionaire (his wealth peaked at £1.05 billion, so he still makes the cut). Chairman of Caprice Holdings, he owns The Ivy restaurants.

Key features: 64.5 metres in length / Cruising speed of 15 knots / 7 guest cabins / Lalique decor / 5 decks / Oval Jacuzzi pool / Sun deck bar / Aft deck dining table

Lady Beatrice, owned by Frederick Barclay

Built by: Feadship and Royal Van Lent in 1993. Exteriors were created by De Voogt Naval Architects, with interiors by Bannenberg Designs. She cost the equivalent of £63 million to build.

Owned by: Sir David Barclay and his late brother Sir Frederick. The ‘Barclay Brothers’ had joint business pursuits including The Spectator , The Telegraph and delivery company Yodel. Current net worth: £7 billion.

Key features: 60 metres in length / 18 knots maximum speed / Monaco home port / Named for the brothers’ mother, Beatrice Cecelia Taylor / 8 guest cabins

Space, owned by Laurence Graff

Built by: Space was the first in Feadship’s F45 Vantage series , styled by Sinot Exclusive Yacht Design and launched in 2007. She cost a reported $25 million to construct.

Owned by: Laurence Graff, English jeweller and billionaire businessman. As the founder of Graff Diamonds, he has a global business presence and a current net worth of $6.26 billion.

Key features: 45 metres in length / Top speed of 16 knots / Al fresco dining area / Sun deck Jacuzzi / Breakfast bar / Swimming platform / Steam room

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8 Fascinating Facts About ‘Koru,’ Jeff Bezos’s Bonkers 410-Foot Sailing Superyacht

From its 250-foot support tender to its voluptuous wooden figurehead, the amazon founder's $500 million superyacht is full of surprises., howard walker, howard walker's most recent stories.

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According to the latest Forbes ‘s Real-Time Billionaires List, Amazon founder Jeff Bezos is currently worth around $204 billion, making him the second-wealthiest person on the planet, just behind Tesla CEO Elon Musk .

So handing over an estimated $500 million for his 410-foot Koru , the world’s largest sailing yacht , another $75 million for Abeona , its 250-foot support vessel, and then paying the $30 million or so a year to cover running costs for both, should be well within his budget.

Bezos surprised the boating world when he opted for a classically styled, three-masted sailing yacht instead of some flashy mega motoryacht. What’s more it has a buxom wooden sculpture on the forepeak, typical of 19th-century sailing vessels. And since taking delivery last year, he and his fiancé, Lauren Sánchez, have been using the yacht to cruise the world in style.

While secrecy still shrouds Koru , especially its interior and many of its technical features, we take a closer look at what makes it, arguably, the most interesting sailing superyacht in years.

Designed as a Modern Classic

Koru would never be described as sleek, or elegant even. But she does have a classical style. Designed by the Dutch masters at Dykstra Naval Architecture, the boat is distinguished by its towering navy-blue steel hull, snowy-white, two-level aluminum superstructure, sweeping canoe stern, and a trio of soaring masts. Her design inspiration is said to be the triple-masted schooner Eos , built by Germany’s Lürssen Yachts in 2006 for American media mogul Barry Diller. And, ignoring the current trend of oversized windows, Koru ‘s hull sides are dotted with traditional portholes with smaller-than typical windows for the upper decks (no doubt helping to protect guests from paparazzi lenses). Little is known about the yacht’s interior design, other than it’s the work of London-based Mlinaric, Henry and Zervudachi studio. Oceanco’s website describes the interior as a “timeless, contemporary style, with natural wood tones complemented by a palette of warm neutrals and beautifully patterned textiles.”

Claiming the Prize for Size

At 410 feet bow to stern and with a beam of 56 feet, Koru is the largest sailing yacht in the world. Some might argue the title should go to the 468-foot Sailing Yacht A . But that quirky, Philippe Stark–designed triple-master is considered a “sail-assisted motoryacht” rather than a true sailing yacht. Koru is also big inside, with a reported internal volume of 3,300 gross T=tons, that offers room for up to 18 guests in nine cabins and accommodations for a crew of 36.

A True Sailor

Full credit to Jeff Bezos for ignoring his fellow billionaires’ penchant for giant, diesel-guzzling superyachts. (Facebook founder Mark Zuckerberg recently took delivery of his 387-foot Launchpad , powered by quadruple MTU engines packing a combined 23,400 hp.) With its giant, more-than-20,000-square-foot sail plan (including three mainsails and three, cutter-style headsails), Koru has been regularly photographed cruising under sail. It’s also believed the yacht is making an effort to focus on sustainability, from reports of it testing out a prototype kinetic energy recovery system that converts wave-induced motion into electrical energy. The vessel is also believed to feature a hybrid power system with large battery banks that run its systems at night while at anchor.

Its 250-Foot, $75 Million “Tender”

The challenge with sailing yachts, even one that’s 410 feet long, is that it’s nearly impossible to land a helicopter on the deck. So Bezos commissioned a 250-foot support vessel, named Abeona after the Roman goddess of travelers. The largest shadow vessel ever built by Holland’s Damen Yachting, this explorer comes with a rear-deck helipad and hangar big enough to accommodate an Airbus ACH-135 helicopter. There’s also space aboard for a small armada of water toys and tenders, plus accommodations below decks for up to 45 crew and support staff.

Built Under Total Secrecy

Tasked with taking Koru from concept to reality was the superyacht builder Oceanco, based south of Rotterdam in Alblasserdam, Holland. The famed yard, owned by billionaire Mohammed Al Barwani, who also owns Turquoise Yachts in Turkey, recently completed Steven Spielberg’s new 357-foot superyacht Seven Sea s, and the similar-sized Bravo Eugenia , launched in 2018 for Dallas Cowboys owner Jerry Jones. Koru was reportedly first commissioned in 2018 as Project Y721 and delivered to the Amazon founder in Gibraltar in April 2023.

What’s in a Name?

While a betting person might have predicted that Bezos would have given his sailing yacht a more Amazon-connected name, like Prime, Deliverance, or even Blue Origin after his space company, he picked Koru . The name is said to be Maori for “loop” or “coil” and resembles the spiral shape of an unfurling silver fern frond. It’s said to be an integral symbol of New Zealand Maori art that symbolizes new life and new beginnings. Look closely at the wooden figurehead on Koru ‘s bow and the necklace around the woman’s neck features a pendant shaped like the koru symbol.

A Bridge Too Far

As Koru was nearing completion in 2021, word got out that builder Oceanco had approached the city of Rotterdam in Holland, offering to pay for the partial disassembly of the historic 97-year-old Koningshaven lift-bridge, which was too low for the yacht with its triple 230-foot masts in place, to pass under on its way to the North Sea. The city reportedly consented, but the move resulted in a huge public outcry with threats to plaster Koru with eggs as it passed through the bridge. Oceanco withdrew its application and instead towed the yacht to Rotterdam’s Greenport shipyard west of the city, transported the masts by barge, and installed them there.

The Places You’ll Go

Hot on the heels of Koru ‘s handover in Gibraltar in April last year, the superyacht has seemingly been cruising non-stop. It was spotted exploring Spain’s Balearic Islands, anchored off Cannes during the film festival, and moored at celebrity hot spots like Saint-Tropez, Capri, Portofino, and Porto Cervo, Sardinia. Bezos reportedly proposed to Sánchez on the bow of Koru off Cannes in May last year, followed by an engagement party aboard in Positano, Italy with a guest list that included Bill Gates, Leonardo DiCaprio, Kris Jenner, Toby Maguire, and Queen Rania of Jordan. Then Koru cruised the 4,000-plus miles across the Atlantic to Fort Lauderdale for a re-fuel and re-supply before heading to the Caribbean for winter cruising. This summer it was back to the Mediterranean for more island-hopping.

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Inside the World of Superyachts Owned by Billionaires

Introduction: The Ultimate Status Symbol

In the rarefied world of the ultra-wealthy, few possessions symbolize success and affluence more than a luxurious superyachts owned by billionaires. These floating palaces represent the zenith of luxury, offering unparalleled comfort, cutting-edge technology, and bespoke design. Owned by billionaires who spare no expense in their pursuit of perfection, superyachts are the epitome of opulence on the high seas.

The Top Luxurious Superyachts Owned by Billionaires

Commissioned by Russian billionaire Roman Abramovich, the Eclipse is one of the most famous luxurious superyachts in existence. Launched in 2010, this 162.5-meter vessel was the largest yacht in the world at the time. It boasts a range of luxurious features including two helipads, a disco hall, swimming pools, hot tubs, and even a missile detection system. The Eclipse can accommodate up to 36 guests and a crew of 70, ensuring that every whim of its passengers is catered to.

Currently holding the title of the largest private yacht in the world, Azzam measures an astounding 180 meters. Owned by Sheikh Khalifa bin Zayed Al Nahyan, the President of the United Arab Emirates, Azzam is not just remarkable for its size. It is also one of the fastest superyachts, capable of reaching speeds of over 30 knots. Designed by Nauta Yachts and built by Lürssen Yachts, Azzam features an incredibly sophisticated and elegant interior, inspired by the Empire style.

Owned by Russian billionaire Alisher Usmanov, Dilbar is another luxurious superyacht that exemplifies luxury. At 156 meters long, Dilbar is known for having the largest gross tonnage of any yacht in the world. Built by Lürssen, this yacht includes a 25-meter swimming pool, a helipad, and lavish accommodations for 40 guests and 80 crew members. Its interior, designed by Andrew Winch, reflects a sophisticated, modern style that provides an exquisite living experience on the water.

Life Aboard a Luxurious Superyacht

Living on a luxurious superyacht owned by a billionaire is akin to residing in a five-star hotel, but with the added benefit of mobility. These vessels come equipped with the finest amenities and technologies to ensure the utmost comfort and entertainment. Gourmet kitchens and luxury dining rooms – private cinemas – state-of-the-art gyms, every detail is designed to provide special experience for the owner.

Superyachts also feature luxurious staterooms and suites, often customized to reflect the owner’s personal taste and style. With expansive decks, private beaches, and Jacuzzis, relaxation and enjoyment are at the forefront of the yachting lifestyle. Additionally, many superyachts have specialized tenders and toys, including jet skis, submarines, and even small sailboats, ensuring endless fun and adventure on the water.

Famous superyachts owned by billionaires

Many of the world’s wealthiest individuals are drawn to the allure of luxurious superyachts. Jeff Bezos, the founder of Amazon, is reportedly commissioning a 127-meter sailing yacht named Koru. This vessel, designed by Oceanco, is expected to be one of the most advanced and luxurious yachts ever built, featuring a support yacht complete with a helipad.

Bill Gates, the co-founder of Microsoft, has also shown interest in the superyacht lifestyle. He was reported to be interested in the hydrogen-powered superyacht Aqua, designed by “Sinot Yacht Architecture & Design”. This 112-meter yacht emphasizes sustainability, with its innovative use of hydrogen fuel cells, representing a step forward in eco-friendly yachting.

A Closer Look: Roman Abramovich and His Yacht, Eclipse

Roman Abramovich, a Russian billionaire with a net worth of over $14 billion, is perhaps one of the most renowned yacht owners in the world. His luxurious superyacht, Eclipse, reflects his penchant for luxury and innovation. Launched in 2010, Eclipse was the largest yacht in the world until Azzam took the title in 2013. Nevertheless, Eclipse remains one of the most impressive and expensive yachts, with an estimated cost of $500 million.

• Roman Abramovich: Biography and Success Story

Born on October 24, 1966, in Saratov, Russia, Roman Abramovich experienced a challenging early life. Orphaned at a young age, he was raised by his relatives. Despite these hardships, Abramovich demonstrated a keen business acumen from a young age. He initially made his fortune in the oil industry, co-founding the oil company Sibneft in 1995. His business ventures expanded rapidly, and he became one of Russia’s wealthiest individuals.

Abramovich is perhaps best known in the Western world for his ownership of the Chelsea Football Club, a premier soccer team in the English Premier League. Under his ownership since 2003, Chelsea has experienced significant success, winning numerous domestic and international titles. His involvement in various industries, from steel to telecommunications, further solidified his status as a global business magnate.

Beyond his business endeavors, Abramovich is also a notable philanthropist, contributing to various charitable causes, particularly in education and healthcare. His luxurious superyacht Eclipse serves as both a symbol of his success and a mobile retreat where he can entertain guests and enjoy the pleasures of yachting.

Conclusion – Superyachts owned by billionaires

The world of luxurious superyachts owned by billionaires is a testament to human ingenuity and the pursuit of luxury. These vessels showcase what happens when limitless resources combine with visionary design. Whether for leisure, status, or both, luxurious superyachts represent the fascinating aspect of modern wealth and lifestyle.

In exploring the stories behind these floating palaces, we not only get a glimpse into the luxurious lives of their owners but also into the incredible craftsmanship and innovation that make these superyachts possible.

For more articles on luxury and opulence, explore our Superyacht collection .

Famous Billionaire Yacht Owners

A Closer Look: Roman Abramovich and His Luxurious Superyacht, Eclipse

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The superyachts owned by tech moguls

Amazon founder Jeff Bezos is set to join the exclusive club of yacht-owning tech tycoons as the rumoured owner of Oceanco's mighty 127m sailing yacht . Though it should come as no surprise - other big names in tech such as the late Steve Jobs, Larry Ellison and Paul Allen have been responsible for some of the biggest and most ground-breaking superyachts in the world...

The 127-metre Oceanco sailing yacht Koru, formerly Y721, was launched and reportedly delivered to Amazon founder Jeff Bezos in April 2023. This three-masted schooner, meaning “new beginnings” in Maori, with an expected 33000 GT and a steel hull and aluminium superstructure, is the largest in the world and the longest built in the Netherlands at Oceanco. Knocking Lürssen's Eos , owned by Biller and Diane von Furstenburg, off the top spot, Koru harnesses design similarities with her black hull, white superstructure and classic lines. However, the intricate gold paintwork, scarlet bootstrap and elaborate figurehead on the bow particularly set her apart.

Larry Ellison

American business magnate Larry Ellison is the co-founder of the billion-dollar computer tech corporation Oracle. In 2004, he commissioned the 138-metre Lürssen superyacht Rising Sun (pictured), which stands today as the 15th largest yacht in the world. It was also the last yacht that ever came from the drawing boards of legendary designed Jon Bannenberg, sporting a military-esque profile with a lean destroyer-type hull and extensive use of structural glass . Rising Sun boasts 8,000m² of living space including a wine cellar and basketball court, with a crew of 45. One of her tenders, a catamaran, even carries the yacht’s 4x4 vehicle ashore. 

Ellison later sold the yacht to media mogul David Geffen and has since hosted a parade of Hollywood's glitterati on board including Leonardo DiCaprio, Steven Spielberg, Bruce Springsteen and Oprah Winfrey – to name a few. 

In 2011, Ellison appeared to downsize and took delivery of the 88-metre Feadship Musashi . Not unlike Rising Sun in its appearance, structural glass features heavily throughout with a central glass lift, surrounded by a stainless steel and glass staircase that passes through every deck.

More about this yacht

The late Microsoft co-founder Paul Allen is responsible for two of the most iconic superyachts in the world. At 126-metres in length, Octopus is perhaps his most famous. Built by Lürssen in 2003, this ice-classed superyacht was designed for extended cruising to the most remote locations on earth with a range of 12,500 nautical miles. Home to a helicopter garage, drive-in tender garage, six tenders, and a submarine, she packs a serious punch within her 9,932GT – not to mention the cinema, swimming pool, recording studio, basketball court and spa. At the end of 2019, she joined the market for the very first time , having completed an eight-month refit at Blohm+Voss, and remains the benchmark for exploration yachting.

Tatoosh is another honourable mention and was built by German shipyard Nobiskrug in 2000, three years prior to the delivery of Octopus . At 92-metres, she's smaller than her successor, but to describe Tatoosh as "small" would be a severe understatement. Highlights include a six-foot-deep swimming pool, a pair of helipads, a crew of 30, and a custom 12-metre Hinckley powerboat that she carries on her top deck. Tatoosh is also listed for sale following a refit earlier this year. 

Yachts for charter

The 78-metre Feadship Venus was built for the late Apple boss and founder Steve Jobs. Built under the codename Project Aqua, Venus was launched to international fanfare in 2012, heralded for its extensive use of glass and pared-back design courtesy of Philippe Starck . Innovative features include a false top deck that conceals the communication and television receivers from view and a passarelle that, when opened, looks like the charging port of an iPhone. Venus ’s interior details have been closely guarded since its launch. Sadly, Jobs died a year before the yacht was delivered.

Charles Simonyi

Charles Simonyi led the team that built the first edition of the Microsoft Office software suite and was rumoured to have previously owned Lürssen’s iconic 71-metre SKAT .  Nearly two decades after her launch in 2002, she joined the market for the first time and now Simonyi is thought to have upgraded to the 89-metre Lürssen Norn . Both yachts, penned by Espen Onion, share similar design features. Standout features include an alfresco cinema and adapted depth pool floor with dance floor. Norn was delivered in May 2023.

Sergey Brin

Google co-founder Sergey Brin reportedly owns the high-speed SilverYachts superyacht named Dragonfly , after Google’s once-secret project to launch a censored search engine in China. Delivered in 2009, the 73.3-metre Dragonfly was hailed as the fastest, most fuel-efficient long-range cruising superyacht on the water with a transatlantic range at 22 knots and a fuel consumption of only 360 litres per hour at 18 knots, extending her range to 4,500 nautical miles. Dragonfly is said to have a dance floor and open-air movie theatre on board. The vessel was applauded for its contribution to the disaster relief effort in Vanuatu after Hurricane Pam devastated the island in 2015. The crew reportedly moved 62 metric tons of freshwater ashore, treated over 250 patients, facilitated three medical evacuations, and built shelters in multiple villages and cleared numerous helicopter landing zones for ongoing support.

Yachts for sale

Google’s billionaire co-founder Larry Page purchased the 60-metre explorer yacht conversion Senses from a New Zealand businessman Sir Douglas Myers back in 2011. The globe-trotting superyacht features interiors by Philippe Starck and can accommodate a total of 12 guests on board, with primary guests reaping the benefits of the master suite's gyro-stabilised bed. Senses also houses an exceptional toy box with three high-speed tenders, six wave runners, a jet board and a JetLev. According to the New Zealand Herald, Senses is currently undergoing a refit in Whangārei, New Zealand, after being sold to an unknown buyer in 2020. 

Barry Diller

The world’s largest three-masted schooner – also the third largest sailing yacht in the world – is owned by fashion designer Diane von Fürstenberg and her husband Barry Diller, chairman and senior executive of IAC/InterActiveCorp and Expedia Group. The 92.92-metre sailing yacht, named Eos , was built in Germany by Lürssen and delivered in 2006 with a trio of masts that stand 61-metres tall. The sailing yacht has hosted the couple's star-studded group of friends including Andy Cohen, Gayle King, Bradley Cooper, Harry Styles and Karlie Kloss. The interiors were designed by Francois Catroux, who Vanity Fair named as “the super-rich's favourite interior designer" in 2016.

Mark Zuckerburg

The 107-metre Kleven superyacht Andromeda was built for serial superyacht owner Graeme Hart and delivered under the name Ulysses . In 2017, a year after its launch, rumours began circulating that Facebook founder Mark Zuckerburg had purchased the rugged, six-deck explorer (although a Facebook spokesperson was quick to stamp out the rumours and released a statement denying the claims). Andromeda can carry 36 guests and is equipped with an impressive inventory of toys and tenders, including six motorbikes, two ATVs, a helicopter and an amphibious rib. Five years after her launch, Andromeda still ranks among the largest explorer yachts in the world . 

Eric Schmidt

The former Google ceo Eric Schmidt backed out of the purchase of the abandoned 81.3-metre Oceanco Alfa Nero but has been said to have moved onto become the new owner of a 95-metre Lürssen. Kismet was sold in September 2023 to the billionaire as part of one of the biggest brokerage deal of the year. With the details shrouded in secrecy the yacht is now aptly known as Whisper . Espen Onio was responsible for her iconic exterior while inside was thanks to  Reymond Langton , achieving the original brief from the previous commissioning owner Shahid Khan of “caviar and champagne.” Standout details include the hi-tech, art deco saloon, a private observation platform and the Persian-inspired spa area.

The co-founder and former ceo of WhatsApp, Jan Koum, has been rumoured to own the 99.9-metre Feadship , Moonrise. The yacht’s clean and strong lines, penned by Chris Bottoms from Studio de Voogt , won the highly competitive class of best displacement motor yachts above 3,000 GT in the World Superyacht Awards 2021. Features include the helicopter landing deck and modern interiors by Remi Tessier . Accommodation is for up to 16 guests, and there are 32 crew members onboard Moonrise to attend to the guests' every need. The Ukrainian-American mogul is also said to own the accompanying support vessel Nebula.

Evan Speigel

The Silicone Valley ceo, Snapchat founder Evan Spiegel has been reportedly said to own the 94.8-metre Feadship Bliss. Delivered in 2021 the motor yacht penned by Feadship's Studio De Voogt Naval Architects has most recently been spotted cruising Auckland in September 2023. Spiegel is rumoured to be Feadship's younger client. Bliss can accommodate up to 18 guests across nine staterooms; however little else is known about the 2983 GT yacht.

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The 242-foot 'Cloud 9' is priced at $95,709,000 and is also available for charter.

Delivered in 2017, Cloud 9 sleeps 16 in eight cabins

The Cloud 9 VIP cabin.

The Cloud 9 Owner's Cabin features an office, private outdoor deck and an outdoor cinema.

The 213-foot yacht 'Eternity' is available for charter in the Bahamas, priced at $392,000 per week.

'Eternity' boasts seven guests cabins, an elevator, gym and more.

Natural light floods into 'Eternity's' main and bridge deck salons through oversize picture windows.

A covered back deck on 'Eternity.'

Burgess Yachts director Richard Lambert, based in Monaco.

The yacht 'Flag' sails the western Mediterranean in summer and the Caribbean in winter.

Contemporary elements of the 'Flag' combine with beautiful traditional wood for a classic appeal.

Charters for the 'Flag' begin at 378,000 Euros for summer sailing on the Med.

The 'Flag' sleeps seven and has a crew of 17.

Traditional guest rooms aboard the 'Flag'

The upper deck of 'Flag'

The 'Flag' is outfitted with all manner of water toys including the slide.

The 190-foot Lady Sheridan is offered for sale and charter beginning at $315,000 per week in the Med.

Dramatic interior design of the 'Lady Sheridan' was executed by the owner's talented wife.

Indoor dinning is an elegant affair aboard the 'Lady Sheridan.'

The master suite aboard the 'Lady Sheridan'

The VIP cabin aboard the 'Lady Sheridan'

The asking price for the 170-foot yacht 'Lazy Z' is $16.9 million.

Living aboard the 'Lazy Z' is comfy and cozy.

The massive main deck master cabin on the 'Lazy Z' features a dedicated raised lounge with expansive 180 degree views.

A bath aboard the 'Lazy Z'

The 'Lazy Z' sleeps 12 in richly appointed cabins.

Inside the World of Mega Yachts — How the Super Rich Find Their Dream Boats

Why giga-yachts are the next big thing in the billionaires' playground.

S uper-yachts, mega-yachts, giga-yachts — the billionaires’ play toys keep getting bigger and bigger, not to mention more costly.  Just ask Burgess Yachts head of sales director Richard Lambert. The dashing businessman, based in Monaco, made a swift visit through Houston on his way to the Miami Yacht Show  and shared his insights on the surprisingly burgeoning world of private yachting.

He noted that yacht charters already booked for the coming year, exceed 2018 bookings by 20 percent. With a stable of 750 yachts available for charter and 35 offered for sale, Burgess, which was founded in 1975, is one of, in not the, largest company of its kind worldwide. Count 13 offices globally and 200 employees.

Lambert allows that the United States is the firm’s largest market and that Dallas and Houston are strong. In fact, chartering and sale of the Houston-owned 190-foot   Lady Sheridan is handled through Burgess.

Just how do the mega rich distinguish between these hyperbolic yacht descriptions, we asked. While there are no rules for describing these floating palaces, Lambert says that, generally speaking, a super-yacht measures in at nothing less than 100 feet, while mega-yachts stretch to 250 feet and the largest private vessels afloat, or the recently-coined giga-yachts , push the limits at 300 feet and well beyond.

Among those earning the Olympian status are the 593-foot Azzam , owned by the Emir of Abu Dhabi, Russian billionaire Roman Abramovich’s 533-foot Eclipse,  and the Sultan of Oman’s 509-foot Al Said .

Of these immense yachts, Burgess recently sold the 361-foot Jubilee , originally built for the Emir of Qatar, which had an asking price of $310 million. This beauty boasts 16 guest cabins and a crew of 45. It was the most expensive vessel in Burgess’ portfolio which has offerings for lesser yachts that begin at $5 million.

Luxurious Bath & Candles

For those not interested in the pleasures of ownership but want to live large for a while, Burgess’ charters  range from $250,000 to $300,000 a week plus APA (or advance provisioning allowance) which includes fuel, food and drink, mooring and harbor fees as well as the recommended 10 percent tip.

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Guest Essay

The Superyachts of Billionaires Are Starting to Look a Lot Like Theft

By Joe Fassler

Mr. Fassler is a journalist covering food and environmental issues.

If you’re a billionaire with a palatial boat, there’s only one thing to do in mid-May: Chart your course for Istanbul and join your fellow elites for an Oscars-style ceremony honoring the builders, designers and owners of the world’s most luxurious vessels, many of them over 200 feet long.

The nominations for the World Superyacht Awards were all delivered in 2022, and the largest contenders are essentially floating sea mansions, complete with amenities like glass elevators, glass-sided pools, Turkish baths and all-teak decks. The 223-foot Nebula, owned by the WhatsApp co-founder Jan Koum, comes with an air-conditioned helicopter hangar.

I hate to be a wet blanket, but the ceremony in Istanbul is disgraceful. Owning or operating a superyacht is probably the most harmful thing an individual can do to the climate. If we’re serious about avoiding climate chaos, we need to tax, or at the very least shame, these resource-hoarding behemoths out of existence. In fact, taking on the carbon aristocracy, and their most emissions-intensive modes of travel and leisure, may be the best chance we have to improve our collective climate morale and increase our appetite for personal sacrifice, from individual behavior changes to sweeping policy mandates.

On an individual basis, the superrich pollute far more than the rest of us, and travel is one of the biggest parts of that footprint. Take, for instance, Rising Sun, the 454-foot, 82-room megaship owned by the DreamWorks co-founder David Geffen. According to a 2021 analysis in the journal Sustainability, the diesel fuel powering Mr. Geffen’s boating habit spews an estimated 16,320 tons of carbon-dioxide-equivalent gases into the atmosphere annually, almost 800 times what the average American generates in a year.

And that’s just a single ship. Worldwide, more than 5,500 private vessels clock in about 100 feet or longer, the size at which a yacht becomes a superyacht . This fleet pollutes as much as entire nations: The 300 biggest boats alone emit 315,000 tons of carbon dioxide each year, based on their likely usage — about as much as Burundi’s more than 10 million inhabitants. Indeed, a 200-foot vessel burns 132 gallons of diesel fuel an hour standing still and can guzzle 2,200 gallons just to travel 100 nautical miles.

Then there are the private jets, which make up a much higher overall contribution to climate change. Private aviation added 37 million tons of carbon dioxide to the atmosphere in 2016, which rivals the annual emissions of Hong Kong or Ireland. (Private plane use has surged since then, so today’s number is likely higher.)

You’re probably thinking: But isn’t that a drop in the bucket compared with the thousands of coal plants around the world spewing carbon? It’s a common sentiment; last year, Christophe Béchu, France’s minister of the environment, dismissed calls to regulate yachts and chartered flights as “ le buzz ” — flashy, populist solutions that get people amped up but ultimately only fiddle at the margins of climate change.

But this misses a much more important point. Research in economics and psychology suggests humans are willing to behave altruistically — but only when they believe everyone is being asked to contribute. People “stop cooperating when they see that some are not doing their part,” the cognitive scientists Nicolas Baumard and Coralie Chevallier wrote last year in Le Monde.

In that sense, superpolluting yachts and jets don’t just worsen climate change; they lessen the chance that we will work together to fix it. Why bother when the luxury goods mogul Bernard Arnault is cruising around on the Symphony, a $150 million, 333-foot superyacht?

“If some people are allowed to emit 10 times as much carbon for their comfort,” Mr. Baumard and Ms. Chevallier asked, “then why restrict your meat consumption, turn down your thermostat or limit your purchases of new products?”

Whether we’re talking about voluntary changes (insulating our attics and taking public transit) or mandated ones (tolerating a wind farm on the horizon or saying goodbye to a lush lawn), the climate fight hinges, to some extent, on our willingness to participate. When the ultrarich are given a free pass, we lose faith in the value of that sacrifice.

Taxes aimed at superyachts and private jets would take some of the sting out of these conversations, helping to improve everybody’s climate morale, a term coined by the Georgetown Law professor Brian Galle. But making these overgrown toys a bit more costly isn’t likely to change the behavior of the billionaires who buy them. Instead, we can impose new social costs through good, old-fashioned shaming.

Last June, @CelebJets — a Twitter account that tracked the flights of well-known figures using public data, then calculated their carbon emissions for all to see — revealed that the influencer Kylie Jenner took a 17-minute flight between two regional airports in California. One Twitter user wrote , “kylie jenner is out here taking 3 minute flights with her private jet, but I’m the one who has to use paper straws.”

As media outlets around the world covered the backlash, other celebrities like Drake and Taylor Swift scrambled to defend their heavy reliance on private plane travel. (Twitter suspended the @CelebJets account in December after Elon Musk, a frequent target of jet-tracking accounts, acquired the platform.)

There’s a lesson here: Hugely disproportionate per capita emissions get people angry. And they should. When billionaires squander our shared supply of resources on ridiculous boats or cushy chartered flights, it shortens the span of time available for the rest of us before the effects of warming become truly devastating. In this light, superyachts and private planes start to look less like extravagance and more like theft.

Change can happen — and quickly. French officials are exploring curbing private plane travel. And just last week — after sustained pressure from activists — Schiphol Airport in Amsterdam announced it would ban private jets as a climate-saving measure.

Even in the United States, carbon shaming can have outsize impact. Richard Aboulafia, who’s been an aviation industry consultant and analyst for 35 years, says that cleaner, greener aviation, from all-electric city hoppers to a new class of sustainable fuels, is already on the horizon for short flights. Private aviation’s high-net-worth customers just need more incentive to adopt these new technologies. Ultimately, he says, it’s only our vigilance and pressure that will speed these changes along.

There’s a similar opportunity with superyachts. Just look at Koru, Jeff Bezos’ newly built 416-foot megaship, a three-masted schooner that can reportedly cross the Atlantic on wind power alone. It’s a start.

Even small victories challenge the standard narrative around climate change. We can say no to the idea of limitless plunder, of unjustifiable overconsumption. We can say no to the billionaires’ toys.

Joe Fassler is a journalist covering food and environmental issues. He is the author of “Light the Dark ” and the forthcoming novel “The Sky Was Ours.”

The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips . And here’s our email: [email protected] .

Follow The New York Times Opinion section on Facebook , Twitter (@NYTopinion) and Instagram .

A Russian spy turned banker is selling his 257-foot superyacht for $100 million. Regularly featured as a backdrop by his glamorous wife on Instagram, the Amaryllis boasts palatial guest suites, striking Art Deco interiors, two gyms, a spa, and even a self-playing piano.

Amaryllis, the amazing-

The motor yacht is a floating palace, befitting the owner’s $400 million net worth. It accommodates 12 guests in 6 luxurious cabins, and unlike most boats, the guest cabins also feature walk-in wardrobes like the full-beam master suite.

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Baglietto has unveiled the groundbreaking X50 Yacht featuring an all-weather observation lounge, a gym, and ample space for toys and tenders.

Seized from a Saudi prince by a Swiss bank, the 270 feet long Sarafsa superyacht has been sold to the billionaire heir of the sporting goods retailer Decathlon. The $65 million beauty boasts a two-story owner’s suite, swimming pool, helipad, and a winter garden

Russia’s richest man Alexei Mordashov cleverly saved his $500 million megayacht ‘Nord’ from being seized by spending $465,000 in fuel and racing it at full speed to Russia. The sanctioned billionaire also made the 464 feet vessel disappear by turning off its location responders.

With three hulls instead of one, this gigantic luxury superyacht concept is like a Y-Wing fighter for the high seas

A secretive 28-year-old European millionaire commissioned this stunning superyacht and designed it to resemble Iron Man. The 161-foot-long vessel has a large beach club, a 120-inch interactive LED screen to play video games, and a password-protected wine room.

The Ark Angel LSV is the latest Carbon Neutral Emax Megayacht from Sauter

Russian tycoon who owns Heesen, one of the world’s largest superyacht builders has been sanctioned by the UK. The oil rig worker turned billionaire has a luxury yacht so big that it got stuck multiple times in European rivers.

Maintaining the seized superyachts is becoming a huge problem for Italy, from scraping the hulls of the mammoth vessels daily to constantly running the air-conditioning units to paying the crew. Officials are now worried that these costs may exceed the value of the vessels.

The fourth Moonen 97 superyacht combines class and comfort

Las Vegas billionaire has 2 megayachts docked in Maine at once

by Troy R. Bennett, Bangor Daily News

PORTLAND, Maine ( BDN ) -- The billionaire owner of a megayacht visiting the Portland Harbor this week is so rich he brought along a second megayacht just to house all his expensive toys.

The second vessel, the 217-foot Hodor, was purposely designed to trail the 285-foot Lonian. The Hodor is likely hauling a crew of 20, five smaller boats, an array of jet skis, and a set of four-wheelers for use on land, according to the website Superyacht Fan. The Hodor can reportedly also accommodate a 6-ton helicopter, though none was spotted Wednesday morning.

• Also read: Gigayacht spotted in Portland Harbor attracts attention

Both boats, now at Fore Points Marina, are owned by Las Vegas casino tycoon and former Ultimate Fighting Championship CEO Lorenzo Fertitta.

A private, motor-driven pleasure boat longer than 24 meters — or about 80 feet — is usually called a superyacht. But larger vessels over 60 meters — or 196 feet, like Fertitta’s boats — are known as megayachts

Superyacht Fan estimates the Hodor cost $30 million when it was new in 2019 and now costs between $3 million and $5 million to operate and maintain every year. But that astronomical price is a bargain compared to its mothership, the Lonian. The website reckons it was purchased for $160 million in 2018 and costs upwards of $15 million annually.

Fertitta’s pair of ultra-expensive vessels aren’t the only megayachts in town.

Parked at the next slip over is the Cayman Islands-flagged, 242-foot M&EM, which can accommodate 12 guests in six cabins, along with a crew of 19, according to Amels Yachts, the Dutch company which built it in 2022. The M&EM can cruise at 16.5 knots and has a range of about 5,000 nautical miles.

• Also read: Poisoned trees gave a wealthy couple in Maine a killer ocean view

It isn’t clear who owns the M&EM, but according to Vesselfinder, it arrived in Portland on Sept. 1 after being spotted in Portugal on Aug 25.

Also at Fore Points is the relatively small, 166-foot superyacht Sapphire, built in 2009. According to big-boat broker Denison Yachting, the Sapphire had an extensive retrofit in 2019 and can sleep up to 20 guests in seven staterooms. It’s for sale with an asking price of $15 million.

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The billionaire's social calendar: The must-attend events for the world's wealthiest business icons

• Billionaires are predictable — and they like to stick together.
• Each year they attend a standard set of parties, festivals, and conferences.
• Here's where you can find a billionaire at any time of year — and how much it will cost you to join in on the fun.

There are around 2,780 billionaires in the world , according to Forbes. That's about 0.00003% of the global population.

And despite their scarcity, these billionaires are surprisingly easy to find . After all, birds of a feather — especially those of a small brood — flock their private jets together. At the start of the year, they descend en masse on Davos. In July, they fly to Sun Valley before, every four years, making their way to the summer Olympics . In December, their yachts anchor in St. Barts.

Here's where billionaires mingle, wheel and deal, and relax, and how you can join them — for a small price, of course.

January: Davos

After billionaires shake off their New Year's Eve hangovers, many make their way to Switzerland for the World Economic Forum's annual meeting in Davos to attend lavish dinners, hit the slopes, and discuss the global problem du jour.

The official event is invite-only and costs tens of thousands per ticket. But those who want to rub shoulders with attendees — think Bill Gates, Marc Benioff, and Mark Zuckerberg — aren't completely barred from the Alpine resort.

Many of Davos' luxury hotels , like the Steigenberger Grandhotel Belvédère and AlpenGold, are closed to the public, so you'd be better off renting an apartment. Those don't come cheap, though. Local outlets reported that rentals went for 10-times their typical prices last year. One apartment with two double beds and a pull-out sofa cost nearly $27,500 to rent for the five nights of the conference.

And good luck finding food. With most of the restaurants booked up for conference events, you may be left paying $43 for a hot dog.

February: Super Bowl

NFL teams are among the most popular toys of the ultrarich : Walmart's Rob Walton has the Broncos, hedge fund manager David Tepper owns the Panthers, real estate tycoon Stanley Kroenke boasts the Rams, Jerry Jones controls the Cowboys, and so on.

So it's no surprise that a number of billionaires flock to the sport's biggest game every year, though Super Bowl weekend as a billionaire involves more than just wings and great commercials.

Host committees and travel agencies have curated luxury experiences for the richest football fans that cost six figures and include chartered jets, five-star accommodations, and access to the field after the game. Suites for this season's game in Las Vegas are going for up to $3 million on rental platform Suite Luxury Group .

There are also the private parties, known for their superstar performers — in some cases, ones particularly familiar with billionaires. Last year, DJ D-Sol, also known as Goldman Sachs CEO David Solomon, reportedly spun a set at a party attended by billionaires like Jeff Bezos and Apollo cofounder Josh Harris.

March: Hong Kong's Art Basel

Last year marked the grand reopening of Hong Kong's Art Basel after a three-year coronavirus hiatus. Wealthy Chinese carpooled together in private jets to the fair, Bloomberg reported, and spent millions adding to their collections.

In a savvy scheduling maneuver, the 2023 art fair coincided with the Wealth for Good summit. The conference, a push to get more family offices to set up in the city, counted billionaires like Yahoo cofounder Jerry Yang, Sequoia Capital China's Neil Shen, and local real estate magnate Adam Kwok as its attendees.

Artsy clocked more than a dozen seven-figure sales at the art fair, including work like George Condo's "Purple Compression" and Kazuo Shiraga's "Kisan," which sold for $4.75 million and $5 million, respectively. One of the fair's most famous sale's came in 2018, when Microsoft cofounder Paul Allen sold Willem de Kooning's "Untitled XII, 1975" for $35 million to a private collector.

April: The Masters Tournament

Forget Easter. The first signs of spring mean one thing for billionaires: golf.

Each year, the Masters Tournament kicks off the run of major professional golf championships at Augusta National. The famously exclusive club in Georgia — it didn't allow women to join until 2012 — counts a number of billionaires as members.

Pals Warren Buffett and Bill Gates, as well as Warren Stephens, David Ziff, and Stanley Druckenmiller, belong to the club, Bloomberg reported in 2015.

Each year, hundreds of private aircraft land at the airports around Augusta , according to information from the aircraft-tracking website JetSpy .

Billionaires like former Nike CEO Phil Knight, hotelier Robert Rowling, and investor Herbert Allen Jr. all had planes touch down for last year's tournament, according to the Jetspy data. So did Tiger Woods — the only billionaire winner of The Masters.

His victory means he is the proud owner of one of Augusta National's iconic green jackets, which are only allotted to members and Masters winners.

The secretive club hasn't ever spelled out its membership process, but it's invite-only, and new members can only join when existing ones leave.

You can, though, spectate alongside some of the biggest names in business. Tickets for the Masters are available through a lottery system — or for as much as $10,000 on the secondary market.

May: The Cannes Film Festival

Summer starts early for billionaires, who dock their yachts for the Cannes Film Festival at the end of May. While the event is technically reserved for industry professionals, per its website, the super-rich can, of course, pay to play. For them, the fete is as much an opportunity to get a first look at Oscar winners as it is an opportunity to mingle with stars on the Croisette.

It was one of the first stops on Jeff Bezos' 2023 grand debut tour of his $500 million superyacht Koru , which he disembarked to hit up the Vanity Fair party at the Hotel du Cap-Eden-Roc, a favorite venue of the very wealthy and those who court them. Other guests included A-listers Robert de Niro, Naomi Campbell, and Pedro Almodovar. In years past, the likes of David Geffen and Len Blavatnik have turned up at the same event.

Billionaires like François-Henri Pinault and the late Paul Allen have hosted their own parties at the film festival: The former throws the Kering Women in Motion Dinner each year, while the latter was known for his themed yacht parties .

Notably missing from the French Riviera this year? The yachts of Russian Oligarchs .

June: The Royal Ascot

While a number of billionaires spend June in the Hamptons or crisscrossing the Mediterranean , some prefer to spend it on dryer land. The headline billionaires at the Royal Ascot — an annual horse race held about 25 miles outside London — are, unsurprisingly, the members of the British royal family.

But many other members of the three comma club, and their hats, are in attendance. The rich crowd is different from the one at a typical F1 Grand Prix , and some billionaire horse owners — like Chanel's Alain and Gerard Wertheimer; the shipping scions of the Niarchos family; Tetra Pak heiress Kirsten Rausing; and construction magnate Anthony Bamford — have even had skin in the game .

For over 200 years, the Royal Ascot has been open to the public — about 300,000 people attend the five-day event — but don't expect to get anywhere near the rich and famous. Joining the Royal Enclosure requires a special application process, including having two sponsors. Plus, there's a strict dress code — no spaghetti straps or bow ties allowed — and kids under 10 years old are not allowed.

July: Allen & Company Sun Valley Conference

Every July, private jets descend on the small town of Hailey, Idaho, for the summer counterpart to Davos: the Allen & Company Sun Valley Conference — also known as billionaire summer camp.

Since 1983, boutique investment bank Allen & Co — its president, Herbert Allen, is a billionaire himself — has hosted the event, which attracts the biggest and richest names in business, including Bill Gates, Mark Zuckerberg, Warren Buffett, and Rupert Murdoch.

Private planes touch down in the small town of Sun Valley for the conference, which has become known for the deals struck in between rounds of golf, guided hikes, whitewater rafting, and tennis matches. It's where Jeff Bezos snagged The Washington Post for $250 million in 2013 and where the seed for Disney's $19 billion acquisition of ABC was planted in 1995.

This year's hot topics included the planned sale of Paramount to Skydance — with Shari Redstone making a grand entrance — artificial intelligence, and the 2024 election.

The vacation-cum-business-meeting is invite-only and pretty much restricted to masters of the universe dressed in vests and quarter-zips — as well as their entourages. Security is strict, with even the press walled off from most of the wheeling and dealing.

But when the conference is not in session, you, too, can stay at the Sun Valley Lodge , the homebase of the retreat that offers a year-round ice skating rink, luxe spa, and pool with a view of the mountains. The most basic rooms cost upwards of $500 a night over the summer, and suites go for upwards of $1,500. But don't feel too bad for the billionaires, Allen & Co foots the bill.

August: Burning Man

On its face, Burning Man — the anticapitalist art and music festival in the Nevada desert — doesn't really seem like an event for billionaires. But the richest people in the world don't seem to care about whether or not they're wanted.

Since the 1990s, attending Burning Man has become a sort of status symbol of the tech elite. Google founders Sergey Brin and Larry Page are longtime Burners — the festival inspired the very first Google Doodle — as is Eric Schmidt, who they chose to be Google's CEO.

Facebook cofounders Dustin Moskowitz and Mark Zuckerberg, and Uber cofounder Garrett Camp have also attended. Even Ray Dalio, the billionaire hedge fund manager, wanted to see what all the hype was about, sporting some psychedelic bell bottoms and joining the party in 2019.

While ticket sales were down this year — the event did not sell out for the first time since 2011 — the uber-rich are still attending. Hundreds of private planes descended onto Black Rock City's temporary runway during the first days of the festival. The starting price to charter a plane through Burner Express Air is $9,000, one way.

The experiences of many celebrities and billionaires on the Playa lean less into the "decommodification" and "leave no trace" principles of the festival and more into the "immediacy" one — as in instant gratification. They travel around in tricked-out art cars (basically fancy golf carts) and forego rustic tents for more fancy camps, complete with furniture, air conditioning, and personal chefs who charge six figures for their services.

All of this may be why there was a hefty dose of schadenfreude when Burning Man went underwater , quite literally.

September: The Monaco Yacht Show

There are yachts, and then there are the superyachts — and those are aplenty at the Monaco Yacht Show in Monte Carlo, where billionaires gather at the end of the summer to scope out their new toys. (There are also, technically, megayachts, but for plebeian purposes, they are one and the same.)

The 100-plus boats on display have an average length of 165 feet, and feature elevators, bars, spas, pools, gyms, hot tubs, and helipads — sometimes more than one. Jet skis and submersibles are popular add-ons.

In the past, yachts owned by billionaires like Paul Allen, Steve Wynn, and Pier Luigi Loro Piana have been exhibited at the show — with some available for sale or to charter. The event also used to be a favorite of opulent Russian oligarchs, though sanctions have prevented them from attending for the past couple of years.

This year's show includes the 73-meter yacht Planet Nine, which was featured in Christopher Nolan's "Tenet" and is on sale for nearly $86 million. Making her debut is Kismet, the yacht owned by the billionaire Shahid Khan, the owner of the Jacksonville Jaguars. She is available to charter for a starting price of $3.36 million a week.

If you're looking to peruse boats that you can't afford — or maybe meet a billionaire who will invite you on theirs — you're in luck: The Monaco Yacht Show is open to the public for the small price of 600 Euros, or $640, a day.

October: The Frieze Art Fair

The Frieze Art Fair, held annually in London, draws the rich — and the staff of the rich — from around the world looking to add very expensive contemporary art to their collections. (For those who prefer pre 21st century art, there's the nearby Frieze Masters.)

In years past, collectors like Point72's Steve Cohen , Diamond titan Laurence Graff, and the wife of hedge fund legend Louis Bacon, Gabrielle, have all been spotted. While exactly which works these patrons have bought tend to be kept under wraps, pieces go for millions of dollars each year.

While anyone can buy tickets to the fair itself — this year for as low as £46, or $57 — the fetes surrounding Frieze Week are a more surefire place to spot a billionaire — or their younger, edgier heirs. A look at party snaps from the last few years show Gordon Getty's granddaughter Ivy Getty, Cohen's daughter Sophia, and Roger Penske's granddaughter Sophia mingling with art-world celebrities, and possibly looking for some six-figure works of art to add to their starter collections.

November: Le Bal des Débutantes

Le Bal des Débutantes continues the centuries-long tradition of rich, famous women reminding society that they are, well, rich and famous.

The ball is invite-only, and no one, not even billionaires, can buy their way in — at least that's what Ophélie Renouard, the founder of the ball's current iteration, told Insider. Renouard handpicks the cohort of about 20 women each year, who go to Paris for a weekend of photoshoots, makeup and hair appointments, and traditional waltzes.

Past debutantes have included royalty like Princess Hélène of Orléans and Princess Akshita Bhanj Deo; children of Hollywood elite like Forest Whitaker's daughters Autumn and True, and Reese Witherspoon and Ryan Phillipe's daughter Ava; and, of course, the heiresses of billion dollar fortunes like Araminta Mellon, Kayla Rockefeller, Laila Blavatnik, and Amanda Hearst, usually with their very wealthy and very powerful parents in tow.

As is often the case for the rich — and rich nepo babies, in particular — things come free: The weekend's dance lessons, couture gowns, glam squads, and jewels are paid for by sponsors.

December: New Year in St. Barts

Billionaires ring in the New Year seemingly anywhere but at home. And while Aspen and Maldives are popular choices for the wintering elite, there is perhaps nowhere with more billionaires-per-square foot during the holidays than St. Barts.

In years past, the Caribbean island, formally Saint-Barthélemy, has attracted yachts owned by the likes of David Geffen, Barry Diller and Diane von Furstenberg, and Bernard Arnault for year-end festivities.

Unfortunately for the poor rich, one of the most infamous St. Barts New Year's parties will be canceled this year. Roman Abramovich — the former Chelsea FC owner, sanctioned Russian billionaire, and unlikely hero of St. Barts — will not be hosting his multi-million dollar extravaganza, which has featured performances from Prince and Beyoncé; millions worth of food and alcohol; and guests like Orlando Bloom and Rupert Murdoch.

Guess they'll have to buy tickets to Nikki Beach's party like the rest of us.

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Russian oligarch Andrey Melnichenko berths superyacht in UAE

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Simeon Kerr in Ras al-Khaimah

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Investigators around the world have been searching for sanctions-hit Russian oligarchs’ yachts. One has been hiding in plain sight.

Italian authorities in March impounded Russian coal and fertilisers magnate Andrey Melnichenko’s $600mn Sailing Yacht A after Russia invaded Ukraine. Another yacht, the $300mn Philippe Starck-designed Motor Yacht A, has been anchored for weeks in the port of Ras al-Khaimah, in the United Arab Emirates.

By placing his yacht in the UAE, Melnichenko has put it beyond the reach of western governments enforcing sanctions on those deemed supportive of Russian president Vladimir Putin’s war on Ukraine.

Its presence is a symbolic reminder of the Gulf monarchy’s ambivalence towards western sanctions on Russia, allies of Putin and the wealthy businessmen who have often benefited from ties to the state.

While the UAE government is trying to enhance measures against money laundering to exit a global dirty-money watchdog’s watchlist, the economic foundation of cities such as Dubai has long been based on welcoming flows of assets and people.

“Given its non-enforcement of western sanctions, the dilemma for the UAE is how to sustain its place as an open destination for capital while also appearing to be a good global citizen,” said one compliance professional. “It’s a tricky balancing act.”

The government of the Isle of Man said it had in March deregistered Melnichenko’s yachts, including Motor Yacht A, because of western sanctions, saying, “we will continue to act with appropriate robustness should the situation warrant it”.

Marine locator services placed Motor Yacht A off the Maldives in March. The Financial Times then saw the yacht on April 18. On Saturday it remained moored opposite Ras al-Khaimah’s city-centre fish market.

Businessmen in the UAE say Melnichenko, who denies affiliations to the Kremlin, held meetings there in April, but the tycoon has since returned to Moscow. A representative of Melnichenko, who has been placed under sanctions by the EU and UK as well as Switzerland and Australia, referred questions on the yacht to a lawyer who declined to comment.

UAE authorities in Dubai, Ras al-Khaimah and Abu Dhabi declined to comment.

European officials say they have raised concerns with Emirati counterparts that the UAE could become a financial haven for Russians placed under western sanctions. “We don’t want our allies to become facilitators for the Putin regime,” said one.

The UAE government has said it is maintaining a neutral course through the war, calling for an end to hostilities and providing humanitarian aid to Ukraine. Abu Dhabi, which has developed closer ties with Moscow in recent years, has also assured its allies that sanctions-hit entities will not be able to operate in the UAE. The Gulf monarchy, which has long argued that it is not compelled to enforce other nations’ sanctions, is keen to maintain its historical role as an apolitical territory focused on business.

Thousands of wealthy, non-sanctions-hit Russians have relocated to the UAE to escape economic uncertainty and political instability at home, even though they sometimes struggle to access the financial system. “Big banks are more cautious but smaller banks are offering help to those wishing to relocate. It’s just taking a lot of time,” said a Russian businessman.

Very wealthy Russians generally find financial institutions accommodating. Most of the wealthy elite have second passports from countries that sell nationality, such as Malta or Portugal, which facilitates the opening of new accounts with lenders that are warier of Russian passport holders.

Others have turned to alternative routes, such as cryptocurrencies and hawala, or informal money exchange services. The cost of this service has risen from 1 per cent of the transaction value to 5 per cent since the war broke out as demand surges, said one person aware of the trades.

Many in the UAE see a hypocrisy in western concern over the presence of the yacht and the Russians building new lives there. “So it was OK for London to take all the oligarch money but not for Dubai?” asked one lawyer.

Additional reporting by Nastassia Astrasheuskaya in Riga

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A billionaire NFL owner's superyacht is now available for charter. It'll cost you.

NFL owner Shahid Khan's superyacht Kismet is available for charter at $3 million a week.

Kismet, which will debut at the Monaco Yacht Show, features luxury amenities and can host 12 guests.

Added costs for provisions, gratuities, and taxes can raise the weekly charter cost to $5.4 million.

Want to vacation like a billionaire? You can — for $3 million a week.

The superyacht belonging to Shahid Khan, the owner of the NFL's Jacksonville Jaguars who is worth $13.3 billion, according to Forbes, is officially available for charter by brokerage Cecil Wright.

Kismet, Khan's new yacht, will make her debut at the Monaco Yacht Show later this month.

The 122-meter yacht can accommodate up to 12 guests — and a crew of 36 available to serve them — and, like any superyacht worth its weight, has some special amenities .

A "Balinese-inspired" spa features a hammam, sauna, and cryotherapy chamber, as well as a massage table and chromotherapy bathtub offering some sort of color-related treatment. For more active wellness, there's a gym, basketball court, and pickleball court.

There are three pools — two are jacuzzis — spread over six decks, four outdoor showers, four bars, four fireplaces, two fire pits, and one helipad. For your viewing pleasure, there is an outdoor cinema, and for your listening pleasure, a DJ booth and grand piano.

And because billionaires love to play, there is a suite of water toys aboard, including Jet Skis, SeaBobs, e-foils, and WaveRunners.

Khan is a committed superyacht owner. His previous superyacht, also named Kismet, was purchased by former Google CEO Eric Schmidt last year. While its final sales price was not disclosed, it was listed for about $160 million. Renamed Whisper, the yacht was built by the same German shipyard as the new Kismet, Lürssen, and measured 95 meters.

"The yacht has exceeded all expectations of the client for whom we have built his third yacht in total," Peter Lürssen, a managing partner at Lürssen, said in a statement about the newest Kismet.

Kismet is the largest yacht on display at the Monaco Yacht Show, which will feature 120 superyachts . Renaissance, the second largest at 112 meters, charters for the same weekly price of $3 million.

While the nine-figure sales prices of these yachts make their seven-figure charter rates seem like a bargain, renting out a superyacht is not for the faint of wallet. In addition to the charter fee, there are costs associated with provisions which can come to as much as 40% of the fee; gratuities, as much as 20% of the fee; and taxes, also as much as 20%. That means a week aboard the Kismet can actually cost as much as $5.4 million.

Read the original article on Business Insider

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NFL Billionaire's Superyacht Up For Charter, Here's How Much It'll Cost You

B illionaire NFL owner Shahid Khan has made his superyacht available for charter, offering a unique opportunity for those willing to shell out a cool $3 million a week.

What Happened : The superyacht, christened Kismet , is the property of Khan, the owner of the NFL’s Jacksonville Jaguars . The yacht is all set to make its first appearance at the Monaco Yacht Show later this month. Khan, who boasts a net worth of $13.3 billion as per Forbes, has officially put his new yacht up for charter.

The 122-meter luxury vessel is designed to accommodate up to 12 guests, with a crew of 36 at their disposal. It features a Balinese-inspired spa, a gym, a basketball court, and a pickleball court among other amenities.

According to the report by Business Insider, The yacht also includes three pools, four bars, an outdoor cinema, a DJ booth, and a grand piano.

Khan’s former superyacht, also named Kismet, was purchased by ex-Google CEO Eric Schmidt last year. The new Kismet, constructed by German shipyard Lürssen, is the largest yacht to be showcased at the Monaco Yacht Show.

Also Read: A Retiree Was Planning To Pay $1 Million To Live On A Luxury Cruise Ship — Until He Changed His Mind: ‘Is This Going To Happen In My Lifetime?’

“The yacht has exceeded all expectations of the client for whom we have built his third yacht in total,” said Peter Lürssen , a managing partner at Lürssen.

While the charter fee may appear steep, additional expenses such as provisions, gratuities, and taxes can inflate the total cost of a week aboard the Kismet to a staggering $5.4 million.

Why It Matters : This move by Khan signifies a growing trend among billionaires to monetize their luxury assets. It also highlights the increasing demand for ultra-luxury experiences among the super-rich, who are willing to pay premium prices for exclusive experiences.

The charter of Kismet also underscores the popularity of superyachts as a symbol of opulence and status among the world’s wealthiest individuals.

The fact that Khan’s previous yacht was bought by another high-profile billionaire, Eric Schmidt, further emphasizes this point.

How A Sandwich Craving Birthed A $410M Food Delivery Giant

This content was partially produced with the help of  Benzinga Neuro  and was reviewed and published by Benzinga editors.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

This article NFL Billionaire's Superyacht Up For Charter, Here's How Much It'll Cost You originally appeared on Benzinga.com .