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Jeff Bezos’s $500 Million Megayacht Was Spotted Undergoing Test Trials in the North Sea

The amazon founder's y721 koru from oceanco has finally hit the high seas., louisa ballhaus, louisa ballhaus's most recent stories.

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Jeff Bezos has a new toy in the works, and it looks like he’s making sure it’ll be ready for summertime travels.

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Bezos ran into some trouble earlier this year when it came out that the Koningshaven Bridge in the Netherlands might have to be dismantled to let Y721 Koru pass through, as the megayacht’s 229-foot masts exceeded the bridge’s 131-foot clearance. City officials briefly agreed to disassemble the bridge but then decided against it in the face of public backlash, according to The New York Times. That negative reaction included a threat from residents to show up and pelt rotten eggs at the $500 million behemoth.

Oceanco, the company that built Y721 Koru, ultimately decided against applying for the permit that would be required for dismantling Koningshaven Bridge, and the boat was instead quietly towed to another shipyard without its mast.

Bezos’s completed yacht will be accompanied by a 246-foot-long “shadow yacht” called YS7512, Damen Yacht’s largest-ever support vessel. It will fit 45 people onboard, feature a helicopter hangar and storage for Jet Skis and other water toys and is reportedly called Abeona , according to Boat International .

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Jeff Bezos’ Giant Yacht Is Apparently Too Big to Anchor Near Others in Florida

The superyacht, called Koru, arrived in Port Everglades in Florida on Nov. 22, and has been docked near a more-than 610-foot-long oil tanker named Magnolia State.

By Lola Fadulu

First, Jeff Bezos’ new megayacht was too big to pass under a bridge in the Netherlands. Now, the massive vessel’s size — it’s more than 400 feet long — has played a role in preventing it from keeping company with other private yachts in Port Everglades, Fla., where it is anchored.

Instead, the megayacht, named Koru, is hanging with huge oil tankers and general container ships. The yacht is docked there because of its size and also because of what berths were available in the seaport, according to a spokeswoman for Port Everglades.

Koru is a sailing yacht, unlike the much bigger diesel-powered boats popular with other billionaires. It is the largest sailing yacht in the world, according to Oceanco , the Dutch company that finished building the boat earlier this year.

The deck space of the three-masted schooner has three Jacuzzis and a swimming pool. The inside has a “timeless, contemporary style,” according to Oceanco, with natural wood tones, warm neutrals, and patterned textiles. It also includes a mermaid on the bow that appears to resemble Mr. Bezos’ partner, Lauren Sánchez.

Koru, which Bloomberg estimated cost about $500 million to build, arrived to the Florida port on Nov. 22 after departing from Gibraltar earlier this month, according to Marine Traffic , a real-time maritime data platform.

It was unclear why exactly Mr. Bezos docked his yacht there, but earlier this month he said that he would be moving back to Miami to be closer to his parents and to Ms. Sánchez.

Mr. Bezos had since 1994 lived in Seattle , where he started Amazon from his garage. He has already purchased two mansions in South Florida, one for $68 million and another for $79 million, according to Bloomberg News .

Bloomberg estimated his net worth to be $171 billion.

Port Everglades charges yachts larger than 400 feet at least $309.50 per 24 hours. Ships that have been closest to Koru include a more-than 610-foot-long oil tanker named Magnolia State .

Koru is Maori for “coil” or “loop” and has come to symbolize new life, growth, and peace in traditional Maori art.

Mr. Bezos’ journey with his new yacht started off rocky . Last year, city officials in Rotterdam, the Dutch city, initially agreed to dismantle De Hef, a 95-year-old bridge, so that Koru could pass through it from the nearby city where it had been built. The dismantling process would have taken more than a day, and putting it back together would have too. But after uproar from the community — including calls to throw eggs at the boat as it would have passed — Oceanco decided against it and the yacht was towed to a different location to have its masts attached.

Jack Begg contributed research.

Lola Fadulu is a general assignment reporter on the Metro desk of The Times. She was part of a team that was a finalist for a Pulitzer Prize in 2023 for coverage of New York City’s deadliest fire in decades. More about Lola Fadulu

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Sailing yacht KORU: What we know so far about Jeff Bezos’ 127 meter yacht

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By Nina Done   15 December 2022

Recent footage showcasing the vast proportions of the Amazon founder’s new 127m (417ft) Oceanco sailing yacht KORU , known throughout her build as Project Y721, has provided some valuable insight into one of the yachting industry’s best-kept secrets.

The megayacht’s specifications and amenities had been kept completely under wraps until she was forced to move from the Dutch yard’s primary facilities in Alblasserdam to get her masts fitted elsewhere in order to avoid dismantling the Koningshaven Bridge after huge public backlash. 

In August, the yacht was spotted in the Port of Rotterdam after her trio of masts had been successfully stepped, with pictures barely doing justice to the monolithic proportions of the sailing spars, reportedly up to 70-80 meters tall.

World yacht rankings

KORU will replace Oceanco’s BLACK PEARL for second place in the world's largest sailing yacht rankings behind Nobiskrug's 143m (469ft) sailing yacht A .

Oceanco's newest yacht is understood to have an internal volume of 3,300 GT and will undoubtedly offer a wealth of luxurious accommodation and amenities. Although we have scant information about the yacht's features, we do know that she will have an aft dip pool along with a further Jacuzzi on her sundeck and variety of alfresco social spaces. She also has a crow's nest attached to her central mast, offering lofty panoramic views for her more adventurous guests.

From the pictures we can see KORU also benefits from full-length windows across her superstructure allowing plenty of light to infuse her interiors. 

Design inspiration

Built with a steel hull and aluminum superstructure with teak decking, she reportedly takes her design cues from the 93-meter Lürssen sailing yacht EOS , perhaps inspired by the entrepreneur’s visits to this yacht in previous years. 

Showcasing a midnight-blue hull with a distinctive red stripe running along her waterline, KORU’s exterior styling mirrors this traditional schooner style, with an elongated bowsprite and canoe stern. Another similar style yacht is the 90m (295ft) Royal Huisman sailing yacht ATHENA . 

Kinetic energy technology

As expected from a tech entrepreneur, known for pushing boundaries and driving innovation, sailing yacht KORU will be trialing a prototype for a new kinetic energy recovery system. This is based on a conversion of wave induced motion, heave, pitch and roll into electric energy, with initial tests showing early promise. 

With a nod to her green credentials, this will provide an additional power source for the yacht allowing for more sustainable cruising.

Tenders and toys

Access to sailing yacht KORU will be via folding passerelles, discreetly hidden in the yacht's hull on either side. Rescue and work tender launches will likely take place further forward, as per regulations. Recent pictures show a large hatch opening in her lower deck aft, which may contain further tenders and toys, but may also double as a beach club. 

Sailing yacht KORU comes complete with a support vessel built by Damen Yachts, reportedly known as 75 meter (247ft) yacht WINGMAN .

Once delivered, it is understood that she will act as an official support boat for the sailing yacht , carrying the larger toys, including a submarine for thrilling excursions beneath the waves, plus a helicopter and landing pad. She is also believed to play host to an array of PWCs, with rumors of a speed boat and luxury car adding to the fleet, as well as providing accommodation for additional crew and staff.

When is sailing yacht KORU expected to be delivered?

From here she will undertake the all-important rounds of sea trials before being delivered to her owner sometime in the new year. It is understood that the yacht will be officially christened KORU upon delivery, and will operate under the Cayman Islands' flag. It is not believed that superyacht KORU will be available to charter. 

If you'd like to learn more about chartering a yacht, please get in touch with your chosen yacht charter broker . Alternatively, view all superyachts available for charter .

Large sailing yachts available for charter

88m Perini Navi 2006 / 2023

86m Oceanco 2016

76m Damen Oranjewerf 2000 / 2009

65m Camper & Nicholsons 1927 / 1985

64m Van der Graaf 2010

64m Segel Masten Yachten 2011 / 2021

63m Holland Jachtbouw 2010 / 2023

57m Aegean Yacht 2009

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Jeff Bezos' $500 Million Yacht: A Look at the World's Largest Private Vessel

Jeff Bezos, the founder of Amazon, is known for his extravagant lifestyle and love for luxury yachts. In April 2023, Bezos took delivery of his newest and largest yacht, Koru, which cost a staggering $500 million or more. At 417 feet, Koru is the world's largest sailing yacht, surpassing the previous record holder, the 106-meter Black Pearl.

Built by Oceanco in the Netherlands, Koru is a three-masted sailing yacht that features a sleek and modern design. Unlike other yachts owned by billionaires, Koru is powered by wind and sails, rather than diesel engines. It is reported that the yacht has a range of 7,000 nautical miles and can accommodate up to 36 guests and 60 crew members. The yacht is also equipped with a helipad, a swimming pool, a spa, and a gym.

The delivery of Koru has sparked controversy and criticism, with some arguing that the money spent on the yacht could have been put to better use. However, Bezos has defended his purchase, stating that he plans to use the yacht for scientific research and exploration. Regardless of the controversy, there is no denying that Koru is a stunning and impressive vessel that will undoubtedly turn heads wherever it sails.

Jeff Bezos, the founder of Amazon, has recently taken delivery of his new sailing yacht, Koru, after it completed its initial sea trials. The vessel is reportedly worth $500 million, making it one of the most expensive yachts in the world. This section will provide an overview of the yacht, the builder, and the cost.

Koru is a three-masted sailing yacht that is 417 feet long, making it the largest sailing yacht in the world. It was built by Oceanco, a Dutch shipyard that has built many superyachts for wealthy clients. The yacht has a steel hull and a superstructure made of aluminum. It is equipped with all the luxury amenities that one would expect from a yacht of this caliber, including a pool, a support vessel, and a range of water toys.

The Builder

Oceanco is a leading superyacht builder based in the Netherlands. The shipyard has built many of the world's most impressive yachts, including the Black Pearl, which is one of the largest sailing yachts in the world. Oceanco has a reputation for building high-quality yachts that are both luxurious and innovative.

Koru reportedly cost $500 million to build, which makes it one of the most expensive yachts in the world. The yacht was built in Rotterdam, the Netherlands, and was delivered to Bezos in May 2023. The cost of the yacht has been a source of controversy, with some critics arguing that it is an excessive display of wealth.

In conclusion, Koru is a stunning sailing yacht that is equipped with all the luxury amenities that one would expect from a yacht of this caliber. It was built by Oceanco, a leading superyacht builder based in the Netherlands. The yacht reportedly cost $500 million to build, making it one of the most expensive yachts in the world.

Design and Features

Jeff Bezos' yacht, Y721, boasts an impressive design and features that make it stand out from other superyachts. The yacht has been under construction at the Oceanco shipyard in Rotterdam since 2019 and is set to be delivered in 2022.

Layout and Amenities

The Y721 is a 127-meter sailing yacht that will become the largest sailing yacht in the world upon delivery. The yacht features a sleek black hull with classic lines and a uniquely designed bowsprit - a custom spar extending forward from the ship's bow to which her forestays are fastened. The yacht's layout includes six decks, with ample space for guests and crew.

The yacht's interior is designed by Nuvolari Lenard and features a contemporary style with a focus on natural light and open spaces. The yacht has several lounges, including a main salon, a sky lounge, and a beach club. The beach club is located at the stern and includes a swimming pool, a cinema, and a gym.

Support Vessel

The Y721 also comes with a support vessel, the YS7512, which is a 75-meter Damen Yacht. The support vessel is designed to carry additional equipment, such as helicopters, tenders, and water toys. The support vessel also includes accommodation for additional guests and crew.

Toys and Entertainment

The Y721 is equipped with a range of toys and entertainment options to keep guests entertained during their stay. The yacht has a variety of water toys, including jet skis, paddleboards, and kayaks. The yacht also has a submarine, which can take guests on underwater excursions.

In addition to the water toys, the yacht has a cinema and a selection of board games and books. The yacht also has a wooden sculpture on display, adding to the yacht's artistic appeal.

Overall, the Y721 is an impressive yacht with a range of features that make it stand out from other superyachts. From the spacious layout to the range of amenities and toys on offer, the yacht is sure to provide guests with a memorable experience.

Media Coverage

News coverage.

Jeff Bezos' new yacht has been the subject of much media attention since its completion. Major news outlets such as The New York Times, BBC News, and CNN have all reported on the yacht, with some referring to it as a "superyacht" and others as a "megayacht". The yacht, named Koru, is reportedly worth $500 million and is 417 feet long.

News coverage of the yacht has focused on its size, luxury, and the fact that it is owned by one of the world's wealthiest individuals. Some reports have also speculated about the yacht's environmental impact, given its size and the fact that it is a sailing yacht rather than a motor yacht.

Social Media

The yacht has also generated significant buzz on social media platforms such as Twitter and Instagram. Many users have shared photos and videos of the yacht, expressing awe at its size and opulence. Some have also criticized Bezos for spending so much money on a yacht, arguing that the funds could be put to better use elsewhere.

The yacht has also been the subject of memes and jokes on social media, with some users poking fun at its size and the fact that it reportedly requires a smaller yacht to transport its support equipment.

Overall, media coverage of Jeff Bezos' new yacht has been extensive, with both traditional news outlets and social media users weighing in on the yacht's significance. While some have praised the yacht as a symbol of personal growth and renewal for Bezos, others have criticized it as a display of excessive wealth and indulgence.

Frequently Asked Questions

What is the name of jeff bezos' yacht.

Jeff Bezos' yacht is called "Koru".

How big is Jeff Bezos' yacht?

Koru is a three-masted sailing yacht that is 127 meters (417 feet) long.

Who designed Jeff Bezos' yacht?

Koru was designed by the Dutch yacht builder, Oceanco.

What is the cost of Jeff Bezos' yacht?

The estimated cost of Koru is $500 million.

Where was Jeff Bezos' yacht built?

Koru was built in the Netherlands by Oceanco.

How many crew members are on Jeff Bezos' yacht?

It is not clear how many crew members are on Koru, but it is expected to have a large crew to maintain and operate the yacht.

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Breaking news, jeff bezos’ massive new $500m superyacht — complete with helipad and pool — spotted in north sea.

Hoist up the Jeff B sails.

Amazon honcho Jeff Bezos’ $500 million superyacht Koru, codenamed Y721, is finally seaworthy — spotted in the North Sea after leaving Rotterdam on Feb. 13,  footage posted by the organization Dutch Yachting  shows.

The massive, 417-foot vessel’s test run came months after it was originally set to be delivered to the 59-year-old billionaire. 

It requires a 250-foot support vessel that houses a helicopter landing pad for the Blue Origin founder.

Bezos’ mega boat created controversy last year after a report that Dutch officials would  have to dismantle  the historic Koningshaven Bridge because the 130-foot steel structure wouldn’t allow the vessel and its 229-foot masts to pass through.

Following an uproar from residents, local leaders decided the plan was a bridge too far — and the boat was towed from its construction location to another shipyard in a nearby town without its masts,  according to Jalopnik .

The uproar likely played a big part in how and when it would float away.

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Citizens of Rotterdam reportedly swore in February that, should Bezos’ superyacht traverse the De Hef bridge, they would pelt it with eggs in protest . 

And when it finally came time to move the vessel out of its Dutch shipbuilding yard, the decision was made to tow it away under cover of darkness, the Cut reported.

Koru costs about $25 million a year to run. The pleasure boat can accommodate 18 guests — and requires a crew of 40 sailors.

It is far from the world’s most expensive yacht. That dubious honor is reserved for the $4.8 billion History Supreme — a gold- and platinum-plated vessel featuring a Tyrannosaurus rex bone wall made of meteoric stone. It was bought in 2011 by an anonymous Malaysian businessman,  according to the Richest .

Yet the half-billion-dollar price tag is a relative drop in the ocean for the Amazon founder, whose net worth was valued at  $181 billion  by Forbes.

Koru will join a fleet of superyachts , helicopters and planes already owned by the entrepreneur and his millionaire girlfriend, Lauren Sanchez.

The aluminum and steel schooner reportedly boasts three decks, including one with a swimming pool. 

The smaller, 250-foot support vessel that will sit alongside the mammoth one will include a helicopter landing pad for Bezos or his celebrity guests. This smaller yacht is also expected to be loaded with an array of toys including luxury cars, jet skis, speedboats, and perhaps even a personal submarine, the Daily Mail has reported .

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Did Bayesian superyacht’s 237ft mast cause it to sink?

Bayesian’s 237ft metal mast may have played a part in the sinking of the superyacht off the coast of Sicily , experts have suggested.

The yacht, named after the mathematical theory Mike Lynch used to make his millions in the tech industry, foundered in the small hours of Monday morning.

Key among potential reasons for the loss of the vessel will be its most striking feature – the aluminium mast.

Four British personnel from the Marine Accident Investigation Branch are on their way to Palermo to carry out a preliminary assessment.

There are also theories that hot overnight temperatures of 27C (80C) could have prompted passengers to leave portholes and windows open – hastening the sinking when the high winds hit.

Launched in 2008 by Perini Navi, Bayesian is one of the 50 largest sailing yachts in the world and her mammoth mast supported a total sail area of almost 32,000 sq ft.

Bayesian had the tallest aluminium mast in the world when it first took to the seas under her former name Salute. The record was overtaken last year when Jeff Bezos, the Amazon billionaire launched his yacht, Koru.

Koru’s masts stretch to 278ft tall according to Boat International magazine.

Tom Sharpe, a former Royal Navy commander and warship captain, said initial reports from survivors and witnesses suggested “that the weather was sufficiently violent to cause her to capsize at anchor”.

Weather reports from Palermo airport, 12 miles west of the yacht, suggest that at about 4am, winds switched from a gentle south-westerly breeze to gusts of 40mph, with temperatures dropping.

Local newspapers have described the weather as a tornado and a waterspout, which is a tornado above water.

The pressure of high winds on the mast could have helped tip the boat over in rough seas, experts have suggested.

Mr Sharpe said capsizing seemed “unlikely” to him given the Bayesian’s size “and that boats like that are designed to survive poor weather – unless something failed at the same time like a valve that let water in and made the whole boat unstable”.

He said it was more likely that the Bayesian had “dragged anchor”. Anchors are designed to lodge on rocks on the seabed, but if the seabed is too soft, or weather is so bad that the anchor is dislodged, then a boat can drag its anchor and drift.

If a boat drifts into an obstruction such as a rock or another boat, this can damage the boat by tearing a hole in its side leading to sinking, Mr Sharpe suggested.

The sea bed off Porticello, the Silician harbour nearest to where Bayesian was moored for the night, consists of a mixture of rocky and muddy areas, according to nautical charts reviewed by The Telegraph.

This means the yacht could have dragged anchor if it had been lowered into a soft, muddy patch of seabed.

A captain of another boat anchored nearby said his vessel was hit by abnormally strong winds on Monday morning.

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Karsten Borner said the Sir Robert BP was battered by strong gusts in the early hours of the morning but he managed to stabilise the vessel while anchored by using the engine.

He said as they were doing this, they noticed the Bayesian nearby and manoeuvred to avoid hitting it.

“We managed to keep the ship in position, and after the storm was over, we noticed that the ship behind us was gone,” said Capt Borner.

Mr Sharpe said: “From a seamanship point of view, the other boat (Sir Robert BP) coming up on her main engines and using those to keep position around [her own] anchor is what you should do. Yacht anchors are often not that robust and that is the best way to avoid putting too much strain on it and/or dragging.”

An alternative theory is that the weight of the mast led the Bayesian to capsize.

A yacht industry source told The Times that the vessel sank after the weight of her mast took the hull beyond its “down-flooding angle” – the point at which a boat cannot right itself after swinging at a steep angle – meaning water rushed over the sides into the interior.

“The wind toppled the mast, which fell over the side, causing the boat to heel over and take on water, capsize and sink very quickly,” the source said.

This can occur whether the mast snapped off or not.

Sam Jefferson, editor of Sailing Today, told The Telegraph: “She has a very tall, aluminium mast – I believe it is the second tallest aluminium mast in the world – and that would not have helped.

“Many yachts with big masts have carbon masts instead of aluminium as these save on weight and improve stability and performance.

“Stability was obviously the problem in the extremely strong winds she was experiencing and I’d assume the boat was pinned on its side and could not right before it filled up with water.”

Another superyacht expert who asked not to be named told The Telegraph that the mast could have pulled the Bayesian over into capsizing, although he expressed some scepticism, saying sailing yachts are designed to prevent that from happening.

He said the anchor-dragging theory was also a plausible explanation for why the Bayesian sank.

Typically, crews try to anchor in safe spots that are sheltered away from the wind, they said.

The Bayesian was moored just off Porticello, a few miles east of Palermo. Prevailing winds from the north-east may have robbed the vessel of the shelter offered by the Sicilian coast, which lay to the west.

Dr Lynch was reportedly aboard the vessel. His wife, Angela Bacares, is among those rescued but six others, including four Britons, are still missing.

One person, reportedly the yacht’s chef, died in the incident and his body was recovered by rescuers.

The Bayesian’s last refit was in 2020.

The vessel was listed for rent for up to €195,000 (£166,000) a week, according to online charter websites.

The interior featured six cabins – one master, three doubles and two twin rooms – for up to a dozen guests, with the crew occupying separate quarters.

Fitted out in a Japanese style, the interior was styled by the Remi Tessler design house.

Under her former name Salute, the yacht won the Best Exterior prize at the World Superyacht Awards in 2009, and the Best Interior at the International Superyacht Society Awards in 2008.

A coastguard statement issued on Monday morning said the missing passengers were of “British, American and Canadian nationality”.

Camper & Nicholsons, managers of the Bayesian, confirmed the vessel sank at about 4.30am following “severe weather”.

The Italian Coast Guard is leading search and rescue operations, and said on Monday it had safely recovered 15 individuals.

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Jeff Bezos’ Magnificent KORU Yacht and ABEONA Support Vessel

The KORU yacht is a 127 meter sailing yacht built in the Netherlands by Oceanco and delivered in 2023. She was designed by Dykstra Naval Architects with the the interior of the yacht designed by Mlinaric, Henry & Zervudachi.

In the world of luxury yachting, few names command as much attention as Jeff Bezos, the founder of Amazon and one of the richest individuals on the planet.

Bezos’ affinity for the sea and his penchant for exploration have materialized in the form of the breathtaking sailing yacht KORU and its companion, the support vessel ABEONA.

Commissioned from renowned shipbuilders Oceanco and Damen Yachting, respectively, these vessels are not only a testament to Bezos’ wealth but also a celebration of Māori culture and innovation in yacht design.

The Marvel of Modern Yacht Design: KORU Yacht

The KORU yacht, also known as Y721, is a masterpiece crafted by the acclaimed Oceanco shipyard. With a remarkable length of 127 meters (417 feet), the yacht exudes luxury and grandeur in every aspect. Launched in April 2023, KORU stands as a tribute to Māori art and culture, as evident from its name and styling.

The Māori word “koru” signifies a loop or coil, symbolizing new life, growth, strength, and peace. This symbolism resonates throughout the vessel, creating an immersive experience that pays homage to the essence of Māori art.

Inside the KORU yacht, guests are treated to a world of unparalleled luxury. The yacht boasts a large swimming pool on the aft deck, inviting guests to bask in the sun while surrounded by the beauty of the open sea.

Accommodating up to 18 guests and serviced by a crew of approximately 40, KORU offers a perfect balance between privacy and service.

The yacht’s interiors are a testament to meticulous design and craftsmanship, with each detail meticulously chosen to provide the highest level of comfort.

The Symbolism of KORU’s Name

The choice of the name “KORU” for the yacht holds deep significance. In Māori culture, the koru symbolizes new beginnings, growth, and the cycle of life.

It is often represented as an unfolding fern frond, embodying the concepts of renewal and continuous movement. Jeff Bezos, in an Instagram post , highlighted the symbolism behind the name, showcasing his embrace of growth, rebirth, and mindfulness.

ABEONA: The Perfect Companion

No luxury yacht is complete without a support vessel that complements its grandeur. Enter ABEONA, a 75-meter (246-foot) support vessel commissioned by Jeff Bezos.

Built by Damen Yachting, ABEONA serves as the perfect adjunct to the KORU yacht. This custom-built vessel carries all the toys, tenders, and equipment needed to enhance the yachting experience.

With a large helicopter hangar and the capacity to accommodate 45 staff, crew, and guests, ABEONA stands as an indispensable asset to the main yacht.

The Visionary Behind the Vessels: Jeff Bezos

With a staggering net worth of $160 billion, Jeff Bezos is not only a pioneer in the world of e-commerce but also a visionary with a passion for the sea.

The commissioning of the KORU yacht and the ABEONA support vessel reflects Bezos’ love for exploration and his desire to embrace the vastness of the ocean.

Bezos’ affinity for the sea is also reflected in his ownership of a Gulfstream G650ER private jet, showcasing his penchant for luxury both in the air and on the water.

Oceanco: The Pioneers of Luxury Yacht Building

The Oceanco shipyard has carved a name for itself as a pioneer in the luxury yacht industry. Established in 1987, Oceanco has consistently pushed the boundaries of design, craftsmanship, and innovation.

KORU, with its classic schooner design, stands as a testament to Oceanco’s commitment to creating vessels that are not only luxurious but also artistically inspired.

KORU yacht summary

The KORU yacht and its companion ABEONA support vessel stand as testaments to Jeff Bezos’ love for the sea, his appreciation for Māori culture, and his affinity for luxury and exploration.

These vessels, crafted with precision by Oceanco and Damen Yachting, redefine the boundaries of yacht design and innovation.

As Jeff Bezos embarks on journeys of discovery aboard these vessels, he continues to inspire awe and admiration among yachting enthusiasts and the world at large.

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Mike Lynch’s Sunken Superyacht Is Largely Intact, Italian Officials Say

I talian investigators searching the wreckage of the Bayesian superyacht said it appeared largely intact, a discovery that contradicts earlier eyewitnesses who said its mast had snapped when it sank in Monday’s storm.

Divers are reporting that the 180-foot-long yacht was lying on its side on the ocean floor, an Italian coast guard official said Wednesday. “The divers are looking for structural damage on the hull,” the official said.

The early reports from Italian officials appeared to be at odds with witnesses who had said the aluminum mast snapped during a violent thunderstorm when the vessel sank off the coast of Sicily with 22 people on board, including owner Mike Lynch, a U.K. tech billionaire.

The towering mast on the Bayesian stretched nearly 240 feet into the sky—making the superyacht the tallest luxury sailboat when it was built.

Maritime experts said a broken mast of that height could cause serious damage to a vessel, but the design isn’t a safety concern as long as the masts are well maintained and held tightly upright on the hull by cables called stays.

“Bigger masts support bigger sails and higher sailing speeds,” said Takis Tsakos, a veteran captain who also oversees for clients the construction of superyachts such as the Bayesian at yards in Europe and the U.S. “The yacht fans love the bigger masts because they look marvelous and give the vessel more volume. They are especially impressive at night when they are lit up.”

The Bayesian’s mast could have fallen on the hull, damaging it, or could have been uprooted from its base by the strong winds if the stays weren’t tight enough. Yacht captains say loose stays can make a boat tilt as much as 15 degrees even with the sails folded.

“That would have made a gaping hole and water could have rushed in. It was also a relaxed evening—doors and windows could have been open with more water coming in as the boat tilted,” said Tsakos, founder of Athens-based Yachtways GP, which rents out luxury yachts in the Mediterranean. “These will be determined when the yacht is pulled out of the water.”

The people missing and presumed dead in the sinking of the Bayesian include Lynch, his daughter, a top executive at Morgan Stanley and one of Lynch’s lawyers. The group was celebrating Lynch’s acquittal on U.S. fraud charges.

Italian authorities are continuing to investigate the accident and divers are trying to access the sunken hull. Rescue teams located five bodies from the wreck on Wednesday. The body of the boat’s chef was retrieved from the sea on Tuesday.

Masts must meet the safety standards of classification societies that give the green light for a ship to sail and monitor its maintenance over the years. Oversize masts on superyachts are turned by computer so they face the wind straight on and not sideways even when the sails are folded.

“For a vessel of this size to go down, there must have been tremendous ingress of water inside its enclosed spaces,” said Fotis Pagoulatos, a naval architect who has participated in a number of shipwreck investigations. “Its design allows it to stay afloat, even with two compartments flooded.” He said he wouldn’t be surprised if the yacht’s hull is found cracked and buckled from the forces exerted by the freak weather and possibly the cracked mast.

The single-masted Bayesian was built by Italian company Perini Navi and delivered in 2008 to its original owner. The boat, which was taller than it was long, was one of a class of supersize luxury yachts that cruise the Mediterranean and other hot spots.

Formerly known as Salute, it was one of several that Perini Navi built that was 56 meters long. But its sister ships had shorter masts—generally extending 59 meters, compared with about 72 meters for the Bayesian. Perini Navi didn’t return requests for comment.

The Bayesian has been eclipsed by newer boats owned by other billionaires. Jeff Bezos, the Amazon.com founder, commissioned the 127-meter-tall Koru, a three-masted vessel that was delivered in 2023.

The Koru was so tall that in 2022 it sparked a protest over plans to dismantle a bridge to let it sail out of the Dutch port where it was built. Instead, the ship was towed to another shipyard to have its masts mounted.

Still, the Bayesian remained one of the largest private sailing yachts. It was ordered by a Dutch businessman but, in 2005, he was paralyzed in a yachting accident and it was sold on completion to another Dutch owner and renamed Salute, according to yacht brokers.

In 2014, it was sold to an entity owned by Angela Bacares, Lynch’s wife, and renamed Bayesian. It has no racing history, but boats of this size compete in events such as the St Barths Bucket Regatta, an annual race in the Caribbean, and in the Perini Navi Cup, a four-day race near Sardinia.

Perini Navi is known for creating some of the world’s most famous and luxurious sailing yachts, including the 88-meter-long Maltese Falcon, one of the world’s most recognizable sailing yachts, with rotating masts and a futuristic design.

The masts of the Maltese Falcon are 57 meters tall.

Write to Costas Paris at [email protected]

Jeff Bezos’ $500 million Koru superyacht is so big that it took up two docking spaces and dwarfed every other yacht berthed at the Grande Marina in the US Virgin Islands

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Look at this really big boat that may or may not be Jeff Bezos' new superyacht

• We may have gotten our first look at Jeff Bezos' new superyacht.
• The 417-foot vessel was photographed rolling out of a shipyard in the Netherlands. 
• Bezos' yacht will become the world's largest sailing yacht once completed.

We may have just gotten our first glimpse at Jeff Bezos' new superyacht. 

New photos and videos surfaced over the weekend of a 417-foot yacht rolling out of a shipyard in Zwijndrecht, Netherlands. According to yachting publication Boat International , the vessel is known only as Y721 and is being built by Oceanco, a Dutch shipbuilder known for producing some of the world's largest and most luxurious ships.

The massive vessel is still unfinished, but photos published by Boat International and Daily Mail show a ship with a black hull and multiple decks. The project will be completed in 2022 and will become the largest sailing yacht in the world, Boat International reports. 

A spokesperson for Oceanco did not immediately respond to Insider's request for comment, but the company told Boat International that it "values the privacy and confidentiality of all our clients and prospective clients and therefore does not comment on our involvement or non-involvement in specific projects."

Journalist Brad Stone was the first to report that Bezos had commissioned his own custom yacht. According to Stone's book, "Amazon Unbound," the Amazon founder commissioned a three-mast ship with several decks that's expected to be "one of the finest sailing yachts in existence." 

In addition to the ship, Bezos has reportedly commissioned a second, smaller, "support yacht" that will include its own helipad. Bezos' girlfriend, Lauren Sanchez, is a helicopter pilot and Stone reported that Bezos has also taken flying lessons.

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The entire project will cost $500 million, according to Auto Evolution . 

A video posted on YouTube by Guy Fleury, a Dutch photographer and videographer, shows an aerial view of what is reportedly Bezos' yacht: 

While massive yachts are often  an accessory of the mega-rich , Bezos, who is the second-richest person in the world with a fortune worth $193 billion , hasn't previously had a boat of his own. A viral photo in 2019 claimed Bezos was the owner of  a $400 million yacht known as the Flying Fox, but Amazon has denied that the ship belongs to Bezos.

Bezos does appear to be a fan of yacht travel, however. Throughout the summer of 2019 , he and Sanchez were spotted aboard multiple yachts belonging to their high-profile friends: first, entertainment mogul David Geffen's Rising Sun, and then fashion designer Diane von Furstenberg's schooner, Eos. And in February, Bezos and Sanchez were spotted aboard another yacht in Cabo San Lucas, Mexico .

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Koru is a 127-metre sailing yacht currently delivered from Oceanco in the Netherlands. Reportedly commissioned for Amazon founder Jeff Bezos , the superyacht is a three-masted schooner built with a steel hull and aluminium superstructure. The yacht is the world’s largest sailing yacht and the longest yacht built in the Netherlands. The yacht was constructed at Oceanco’s Alblasserdam facilities and later moved to Rotterdam where she waited to complete sea trials at a dock in Eemhaven.

The yacht was delivered to Mallorca in April 2023. The price of Koru has never been disclosed. She is expected to have a gross tonnage of 3300 GT. The yacht is powered by kinetic energy generated by the sails, but like most sailing yachts, she will have engine power as well.

She will join five other Oceanco yachts measuring over 100 metres and ten other superyachts built in the Netherlands measuring over 100 metres.

Koru main features

Koru has a navy hull, red bootstripe, and double-deck wooden coach house. Her profile is characterised by a long bowsprit and a classic canoe stern which will provide enhanced privacy while the yacht is in port. There is also a sizeable dip pool visible on the aft, as well as a crow’s nest on the mizzenmast.

Koru and the De Hef bridge

In 2021, the yacht was the subject of considerable controversy when it emerged that the historic Koningshaven Bridge, also known by the name De Hef, would need to be dismantled to allow the masts to pass under. However, in August 2022, one of the yacht’s masts was seen being transported along the Nieuwe Maas to be stepped elsewhere and the bridge remained untouched. The height of the mainmast is thought to be between 65 and 85 metres.

Koru's secondary yacht

Koru will be accompanied by a support vessel which is thought to be built by Damen Yachting, another Dutch yachtbuilder, which specialises in ocean-going shadow vessels and explorer yachts This yacht will be used to carry toys, tenders and additional crew.

In 2019, there were a number of rumours speculating that Lürrsen’s 136 metre Flying Fox was built for Jeff Bezos; however an Amazon spokesperson refuted the claims.

About KORU , brought to you by BOATPro

KORU, a 125.82 m Sail Yacht built in Netherlands and delivered in 2023, is the flagship of Oceanco .

Her power comes from two MTU diesel engines. She can accommodate up to 18 guests in 9 staterooms, with 36 crew members. She has a gross tonnage of 3493.0 GT and a 16.95 m beam.

She was designed by Dykstra Naval Architects , who has designed 20 other superyachts in the BOAT Pro database.

The naval architecture was developed by Lateral Naval Architects (6 other superyachts architected) and Dykstra Naval Architects (28 other superyachts architected), and the interior of the yacht was designed by Mlinaric, Henry & Zervudachi , who has 4 other superyacht interiors designed in the BOAT Pro database - she is built with a Teak deck, a Steel hull, and Aluminium superstructure.

KORU is in the top 5% by LOA in the world. She is one of 4 sailing yachts longer than 100m.

KORU is currently sailing under the Cayman Islands flag, the 2nd most popular flag state for superyachts with a total of 1414 yachts registered. She is currently located at the Navantia refit yard, in Spain, where she has been located for 3 days. For more information regarding KORU's movements, find out more about BOATPro AIS .

Specifications

• Yacht Type: Sail Yacht
• Yacht Subtype: Classic Styled Yacht
• Builder: Oceanco
• Naval Architect: Lateral Naval Architects , Dykstra Naval Architects
• Exterior Designer: Dykstra Naval Architects
• Interior Designer: Mlinaric, Henry & Zervudachi
• Refits: 2023,2023,2023,2024

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Jeff Bezos has hosted Bill Gates, Ari Emanuel, and other business tycoons and celebrities on his stunning $500 million yacht

Jeff Bezos' megayacht has played host to several celebrities since setting sail last year.

Bezos and his fiancée, Lauren Sánchez, held their star-studded engagement party on the yacht in 2023.

There are some of the big names who have boarded Koru.

Jeff Bezos' megayacht has only been sailing on the open seas for a little more than a year, but the $500 million spectacle has already wracked up an impressive guest log of A-list visitors.

The Amazon founder has hosted fellow billionaires , reality TV stars, and Academy-award winners on his 417-foot vessel.

Here are some of the big names who have enjoyed Koru alongside Bezos.

Bezos did not respond to a request for comment from Business Insider.

Leonardo DiCaprio

Hollywood hotshot Leonardo DiCaprio is a repeat sailor on Koru.

Bezos hosted an August 2023 party aboard the yacht to celebrate his engagement to Lauren Sánchez, and DiCaprio was in attendance, Page Six reported at the time.

DiCaprio was back on the big boat earlier this month, but this time, he was joined by his 26-year-old girlfriend, Vittoria Ceretti, according to the tabloid .

Representatives for DiCaprio did not respond to BI's request for comment.

Katy Perry and Orlando Bloom

Katy Perry and Orlando Bloom enjoyed an Italian summer while sailing on Koru earlier this month.

The singer-actor couple were both in attendance at Sánchez's 50th birthday party in 2019, according to Page Six.

Perry and Bloom also joined Bezos and Sánchez in Croatia last year , as did Usher.

The "Woman's World" singer and her "The Lord of the Rings" partner were back on Koru with Bezos, Sánchez, DiCaprio, and Ceretti this month, Page Six reported.

Representatives for Perry and Bloom did not respond to BI's request for comment.

Microsoft founder and billionaire Bill Gates enjoyed Koru's amenities when he attended Bezos and Sánchez's August 2023 engagement party.

Gates was accompanied by his girlfriend, Paula Hurd. The couple was spotted in paparazzi photos lounging on the yacht's deck.

Representatives for Gates did not respond to BI's request for comment.

Kim Kardashian and Kris Jenner

Multiple members of the famous reality TV family have hitched a ride aboard Koru.

Kim Kardashian spent time on the megayacht with Bezos and Sánchez earlier this summer as Koru traversed the Aegean Sea near Greece, People reported.

The SKIMS founder's mother, Kris Jenner, and her boyfriend, Cory Gamble, were also on board earlier this month, according to the outlet.

Jenner also attended Bezos and Sánchez's August 2023 engagement party on Koru. The Kardashian matriarch posted a photo of herself sitting next to Sánchez celebrating the engagement.

Representatives for Kardashian and Jenner did not respond to a request for comment from BI.

Wendi Murdoch

Entrepreneur and investor Wendi Murdoch snagged an invite to Bezos and Sánchez's 2023 engagement party aboard Koru, Page Six reported at the time.

Rupert Murdoch's ex-wife was photographed on the yacht in conversation with Gates.

BI reached out to Murdoch for comment.

Whitney Wolfe Herd

Bumble co-founder and billionaire Whitney Wolfe Herd was among Sánchez's female friends who helped celebrate her engagement on Koru last year, BI previously reported.

Herd appeared in photos on Sánchez's Instagram from August 2023.

BI reached out to Herd on Instagram for comment.

Ari Emanuel and Sarah Staudinger

Fashion designer Sarah Staudinger and her husband, Ari Emanuel , CEO of entertainment agency Endeavor, also attended the star-studded engagement party last year.

Staudinger appeared in photos on Sánchez's Instagram presumably taken on Koru from around that time.

Emanuel did not immediately respond to a request for comment. BI was unable to reach Staudinger for comment.

Tobey Maguire and Andrew Garfield

The two Spiderman actors reportedly attended Bezos and Sánchez's engagement party on Koru last August, Page Six reported at the time.

Representatives for Maguire and Garfield did not respond to BI's request for comment.

Rania Al Abdullah (The Queen of Jordan)

Queen Rania of Jordan was also a reported guest at Bezos and Sánchez's 2023 engagement party, according to Page Six.

BI reached out to Queen Rania's foundation for comment.

Read the original article on Business Insider

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Mark Zuckerberg’s $300million ‘birthday present’ mega yacht arrives in US – it even has its own $30m ‘wingman’ boat Plus how it stacks up to Jeff Bezos' mega yacht

WORLD   23 March 2024 - 20:02

The Sun reports on Mark Zuckerberg's acquisition of a $300 million mega yacht. Caliber.Az reprints the article.

FACEBOOK founder Mark Zuckerberg has shown off his wealth at sea, bringing his multimillion-dollar yacht to the United States just weeks before his birthday.

After rumors the billionaire was looking to invest in a yacht began circulating, Zuckerberg was quick to snag a $300 million mega yacht complete with its own $30 million partner boat.

He was seen in the Netherlands touring Project 1010, a Russian-commissioned mega yacht, in early March.

Due to sanctions involved in importing the vessel to the United States, delivery of Zuckerberg's multimillion-dollar boat was delayed.

It was first spotted in home waters on March 20.

The 387-foot-long vessel docked at Port Everglades in Fort Lauderdale, Florida, with its chrome finish reflecting a harsh sun.

Project 1010 made its maiden voyage from the Netherlands after receiving special permission to be imported just weeks ahead of Zuckerberg's birthday, which is on May 14, raising questions about whether it could be a gift to mark the occasion.

The mega vessel is not far off the size of Amazon mogul Jeff Bezos' $500 million 417-foot tall mega yacht, Koru, which was spotted in the same state in November 2023.

The Abeona, his mega yacht's support vessel, a 264-foot garage to hold Bezos' luxury cars, private helicopter, and jet skis, was docked at a slip four miles away.

To put into perspective the additional costs Zuckerberg is looking at, Bezos reportedly bankrolled a $16,500 per week bill for Koru to stay at the port, part of the $25 million in annual costs the ship will rack up.

But cost is no object to 39-year-old Zuckerberg, as he was the youngest billionaire to make the top 10 wealthiest people in the world list.

In 2021, Zuckerberg was reportedly worth $108 billion, an amount that rose to $138.4 billion by January 2024.

Zuckerberg is hardly known for conserving his money when faced with large purchases.

In December 2021, it was reported that Zuckerberg was breaking ground on an estimated $270 million, 57,000-square-foot Doomsday bunker.

Plans for the structure include filling the football field-sized space with 30 bedrooms, elevators, a swimming pool, sauna, tennis court, and full-sized gym.

Earning $48,328 - minute by minute

While a $330 million purchase might sound outlandish to most, especially when coupled with a $270 million bunker, Zuckerberg can make that money back in about two months.

The Meta, formerly Facebook, founder reportedly makes between $6 million and $12 million each day, equating to an estimated yearly earning of more than $3 billion.

In 2018, Zuckerberg earned roughly $1.7 million an hour, according to previous Business Insider calculations.

By 2020, he ranked as the fourth richest person on the planet.

For scale, it takes Zuckerberg less than an hour-and-a-half to earn what the Social Security Administration reports an average American man with a bachelor's degree will earn in his lifetime — $2.2 million.

In less than two minutes, Zuckerberg makes what it takes the full-time median US worker a year to earn — $48,328, writes  Business Insider.

Who is Mark Zuckerberg, the founder of Facebook?

Here's what you need to know...

• Mark Zuckerberg is the chairman, CEO and co-founder of social networking giant Facebook
• Born in White Plains, New York in 1984, Zuckerberg already had a “reputation as a programming prodigy” when he started college
• While at Harvard, Zuckerberg launched a site called Face Mash, on which students ranked the attractiveness of their classmates
• Harvard shut the site down after its popularity crashed a network and Zuckerberg later apologised saying it was “completely improper”
• The following term he began working on an early version of Facebook
• The 33-year-old launched the social network from his dorm room on February 4, 2004 with the help of fellow students
• The friends would end up embroiled in legal disputes as they challenged Zuckerberg for shares in the company
• Zuckerberg also faced action from Cameron and Tyler Winklevoss, as well as Divya Narendra who claimed he had stolen their idea – the disagreement was later turned into the film, The Social Network
• The tech prodigy dropped out of Harvard to focus on Facebook, but received an honorary degree in 2017
• Speaking about the site to Wired magazine in 2010 he said: “The thing I really care about is the mission, making the world open”
• By 2012 Facebook had one billion users. By June 2017 it had reached two billion users every month
• In 2024, Facebook reaches 3.05 billion monthly users
• Mark Zuckerberg's estimated net worth is $165 billion, which makes him the fourth-richest person in the world
• Zuckerberg is married to fellow Harvard alumni Priscilla Chan, who he began dating in 2003
• The couple have three daughters, as well as a Puli dog named Beast.

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Tech tycoon Mike Lynch, finance executive Jonathan Bloomer among victims found dead on sunken yacht

British tech tycoon Mike Lynch and Morgan Stanley International chair Jonathan Bloomer were among the victims found dead on a luxury yacht that sank off the coast of Sicily on Monday.

Lynch’s death was confirmed by people with direct knowledge of the matter who asked not to be identified. Bloomer and his wife Judy were among the dead, their children said in a statement Thursday.

They were among the five who have been recovered from inside the sunken ship. One person remains missing after the Bayesian was hit by a tornado near Porticello, Sicily, on Monday. Adding to the complexity of the search mission is the “narrowness of the spaces” inside the sunken yacht and “the presence of many objects,” the coast guard said.

Overall, of the 22 passengers in the boat, 15 were rescued Monday. The body of Recaldo Thomas, the ship’s chef, was found soon after the Bayesian sank.

Lynch’s daughter Hannah, Clifford Chance partner Chris Morvillo and his wife Neda have not been officially accounted for.

Italian authorities are investigating exactly how the Bayesian sank – and why it sank so quickly – in a storm that struck in the early hours of Monday morning. The captain and other survivors have been questioned by the local prosecutor’s office, according to Italian media.

The U.K.’s Marine Accident Investigation Branch said it’s also probing the incident, with questions centered on the expansiveness of the yacht’s mast and the state of the hull.

“Right now, there is no evidence that the mast has been snapped,” coast guard spokesman Vincenzo Zagarola told Bloomberg News. “We can also say that, so far, there is no evidence that the hull has been broken. But we don’t have a clear idea yet of the full damage.”

The head of the company that built the Bayesian said the luxury yacht should have been “unsinkable” given sailboats are built in a way that allows for significant listing without capsizing.

“That ship is unsinkable because it is a sailboat,” Italian Sea Group Chief Executive Officer Giovanni Costantino said in an interview with Bloomberg News. His company bought Perini Navi, the Italian shipbuilder that made the Bayesian, in 2022.

Crews aided by military ships, remote-controlled underwater vehicles and helicopters have been searching for missing passengers since Monday. Six guests, including Lynch’s wife Angela Bacares, and nine crew have been rescued.

Lynch, 59, and his family were celebrating his recent acquittal from fraud charges with a small group of advisers when the violent storm struck. The charges stemmed from Lynch’s sale of his software firm Autonomy Corp. to Hewlett Packard Co. in 2011. The Silicon Valley giant went on to accuse Lynch of accounting failures. He’d spent years working to clear his name in court and restore his reputation as one of Europe’s most successful entrepreneurs .

A little more than two months before the yacht accident, a San Francisco jury found Lynch not guilty of criminal charges that he duped HP into overpaying for his company. He was still fighting HP in a civil case in London, where a British judge held him responsible for creating the illusion of a company much larger and more successful than it was.

Rescue workers have had difficulties gaining access to the yacht some 50 meters, about 160 feet, below the surface, citing the depth and position of the vessel’s hull.

“The search will go on as long as necessary,” Zagarola said. “For sure, the whole hull will need to be inspected meter by meter.”

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Chances are you or someone you love has experienced what it’s like to be a caregiver while juggling life’s bills and responsibilities.