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Jeff Bezos’ $500M yacht has a 246-foot support ship, Lauren Sanchez figurehead

Much like Amazon, Jeff Bezos’ $500 million superyacht offers every bell and whistle imaginable, from A to Z.

The colossal, triple-masted Koru began its career serving the world’s third richest man this week, cruising the Mediterranean around Mallorca.

The 417-foot schooner first left Rotterdam in the Netherlands for sea trials in February. Dropping anchor in Mallorca put its jaw-dropping size on full display.

It also showed the extent of Bezos’ fleet: Not only did the Koru sail into harbor, so did its support vessel, Abeona, a mega-boat in its own right, the luxurious fast-launches used to move between the two — and aerial support in the form of his girlfriend Lauren Sanchez’s personal helicopter.

Sanchez also seemingly serves the fleet’s mascot, with the Koru’s figurehead, a part of traditional large sailing ships, modeled after her.

The Koru is the world’s tallest sailing yacht. Its three huge 229-foot masts power it to 20 knots. It’s also the biggest billionaire’s yacht which can move under sail-power alone.

The masts are so tall that Dutch officials considered dismantling the 95-year-old Koningshaven Bridge to allow the vessel past the 131-foot span on its journey from the Oceanco shipyard in Alblasserdam through Rotterdam to the North Sea.

That controversial plan was scrapped after local backlash, including residents being urged to toss eggs at Bezos’ “latest toy,”  the New York Times reported . The superyacht, previously known as Y721, was instead towed to a shipyard in Rotterdam, downstream of the bridge, without its masts.

Bezos, 59, and the bikini-clad Sanchez, 53, appeared ready for the summer as the pair soaked up the sun aboard Koru, a Māori word for loop or coil that symbolizes new beginnings — possibly a coy reference to their relationship.

Sanchez started secretly dating the Blue Origin founder in the summer of 2018. Bezos then announced in January 2019 he and his wife Mackenzie were divorcing after 25 years , while Sanchez finalized her split from husband Patrick Whitesell later that year.

Sanchez plays a critical role in the Bezos fleet: As a helicopter pilot, she was seen landing on the Abeona. She was also at Bezos’ side when he took the wheel of the Koru.

Koru was first seen under construction in 2021 at Oceano’s yard. The company is owned by a fellow billionaire, Oman’s Mohammed Al Barwani.

As many as 18 guests can enjoy the yacht’s three outdoor decks, including one with two pools. The vessel, which has a crew of up to 36, also boasts a cinema, meeting spaces and lounges,  Luxuo reported .

Every detail is designed for luxury, even down to the masts’ technology.

Bezos opted for high-tech “in-boom furlers,” which store the vast canvases at the bottom of the mast, above the deck. Each weighs nearly 2,000 pounds, but they allow his deck to be kept clear of ropes.

Clearing ropes out of the way maximizes entertaining space, and allows for a hot tub forward of the mainmast.

The yacht is also built for speed. Its three masts provide “one of the largest sail areas ever seen in yachting,”  according to SuperYacht Times .

The Koru’s original designer, and the identity of its captain, remain secret. Boat International noted : “With the elegant curve of the bow and a bowsprit, the lines are certainly classic, but we still have no idea which designer drew them.”

The Cayman Islands-flagged vessel also has engine power like most sailing yachts.

And while other billionaires measure yachts by size, Bezos’ is only the 24th largest.

However, since Koru’s masts rule out a helicopter deck, the billionaire commissioned a support vessel, Abeona, named for the Roman goddess of outward journeys.

In addition to a helipad, the 246-foot Abeona features an extra two staterooms for four guests and as many as 45 crew and support staff.

It’s the largest custom-built support vessel ever manufactured by Damen Yachting. On board in Mallorca were at least four jetskis, two fast launches, and an additional dinghy. Its heavy winch is capable of lifting a small submarine, although Bezos is not believed to have one thus far.

The “classic exterior lines” of Koru, are reminiscent of another billionaire’s boat: Eos, a 305-foot sailing yacht owned by Barry Diller, 81, who may have inspired Bezos after hosting him on the vessel.

Favored by megastars like Katy Perry and Bradley Cooper — who were Diller’s guests during 2019’s Google Camp in Sicily — the German-built Eos can accommodate up to 16 guests and 21 crew.

It was the largest private sailing yacht in the world when it was completed in 2006. Diller, chairman of IAC and Expedia, who is worth $3.9 billion, bought it three years later. Intriguingly, its figurehead is modeled on Diller’s wife Diane von Fürstenberg, the fashion designer.

But the $200 million, 305-foot schooner is now dwarfed by Bezos’ boat.

As Koru sailed in the Balearic Sea this week off the coast of Spain, Bezos’ boat symbolically surges past several other tech billionaires’ vessels – including Google co-founder Sergey Brin’s $80 million, 240-foot Dragonfly, and Oracle co-founder Larry Ellison’s, $160 million, 288-foot Musashi.

It will cost Bezos, 59, an estimated $25 million per year to operate Koru, but the world’s third-richest man isn’t likely to need a loan with his $140.6 billion fortune,  according to Forbes .

Bezos’ use of sailpower sets him apart from most billionaires, but others are seeking a hi-tech zero-carbon power source: a Japanese billionaire has reportedly commissioned the world’s first hydrogen-powered superyacht.

Germany’s Lürssen Yachts announced in March that they had a hydrogen-powered superyacht in advanced construction.

It declined to identify the future owner of the unnamed superyacht, but specialist publication FuelCellsWorks reported Japanese billionaire tech Yusaku Maezawa, worth an estimated $1.7 billion, commissioned the innovative effort.

Dubbed Project Cosmos, the 374-foot superyacht is designed by Apple’s legendary Marc Newson and was first unveiled in early March at Lürssen’s facility in Rendsburg, Germany.

Once completed as soon as next year, the vessel is expected to utilize emission-free fuel cell technology to generate power lasting up to 15 days while anchored or to travel as far as 1,000 miles at slow speeds.

Three other major shipyards, including in Italy and the Netherlands, are likely to launch their own hydrogen started outfitting newly constructed vessels with hydrogen fuel cells as of March 2022, with the first models reportedly expected in 2024.

Other megayachts expected to soon join Bezos’ Koru in the water include two Lürssen models, the 475-foot Luminance and the 400-foot Jag, and Feadship 821, a 389-foot offering from the Netherlands manufacturer.

But even those won’t best the biggest megayacht in the world, the 593-foot Azzam, which launched in 2013 after being commissioned by Sheikh Khalifa bin Zayed Al Nahyan, the ruler of Abu Dhabi and president of the United Arab Emirates who died last year.

Azzam, which means determination in Arabic, reportedly cost more than $600 million and is nearly 60 feet longer than the world’s second-largest yacht, the 533-foot Eclipse, owned by Russian oligarch Roman Abramovich.

Those monster vessels are expected to be surpassed next year by REV, a 600-foot yacht under construction in Norway which will have space for 36 guests and 54 crewmembers, according to Boat International .

Jeff Bezos’ $500M yacht has a 246-foot support ship, Lauren Sanchez figurehead

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Much like Amazon, Jeff Bezos’ $500 million superyacht offers every bell and whistle imaginable, from A to Z.

The colossal, triple-masted Koru began its career serving the world’s third richest man this week, cruising the Mediterranean around Mallorca.

The 417-foot schooner first left Rotterdam in the Netherlands for sea trials in February. Dropping anchor in Mallorca put its jaw-dropping size on full display.

It also showed the extent of Bezos’ fleet: Not only did the Koru sail into harbor, so did its support vessel, Abeona, a mega-boat in its own right, the luxurious fast-launches used to move between the two — and aerial support in the form of his girlfriend Lauren Sanchez’s personal helicopter.

Sanchez also seemingly serves the fleet’s mascot, with the Koru’s figurehead, a part of traditional large sailing ships, modeled after her.

The Koru is the world’s tallest sailing yacht. Its three huge 229-foot masts power it to 20 knots. It’s also the biggest billionaire’s yacht which can move under sail-power alone.

What's on board the Koru, Jeff Bezos' ultra-luxe sailing yacht.

The masts are so tall that Dutch officials considered dismantling the 95-year-old Koningshaven Bridge to allow the vessel past the 131-foot span on its journey from the Oceanco shipyard in Alblasserdam through Rotterdam to the North Sea.

That controversial plan was scrapped after local backlash, including residents being urged to toss eggs at Bezos’ “latest toy,”  the New York Times reported . The superyacht, previously known as Y721, was instead towed to a shipyard in Rotterdam, downstream of the bridge, without its masts.

Jeff Bezos at helm

Bezos, 59, and the bikini-clad Sanchez, 53, appeared ready for the summer as the pair soaked up the sun aboard Koru, a Māori word for loop or coil that symbolizes new beginnings — possibly a coy reference to their relationship.

Sanchez started secretly dating the Blue Origin founder in the summer of 2018. Bezos then announced in January 2019 he and his wife Mackenzie were divorcing after 25 years , while Sanchez finalized her split from husband Patrick Whitesell later that year.

Sanchez plays a critical role in the Bezos fleet: As a helicopter pilot, she was seen landing on the Abeona. She was also at Bezos’ side when he took the wheel of the Koru.

Abeona

Koru was first seen under construction in 2021 at Oceano’s yard. The company is owned by a fellow billionaire, Oman’s Mohammed Al Barwani.

As many as 18 guests can enjoy the yacht’s three outdoor decks, including one with two pools. The vessel, which has a crew of up to 36, also boasts a cinema, meeting spaces and lounges,  Luxuo reported .

Jeff Bezos, Lauren Sanchez

Every detail is designed for luxury, even down to the masts’ technology.

Bezos opted for high-tech “in-boom furlers,” which store the vast canvases at the bottom of the mast, above the deck. Each weighs nearly 2,000 pounds, but they allow his deck to be kept clear of ropes.

Clearing ropes out of the way maximizes entertaining space, and allows for a hot tub forward of the mainmast.

The yacht is also built for speed. Its three masts provide “one of the largest sail areas ever seen in yachting,”  according to SuperYacht Times .

jeff bezos yacht with support yacht

The Koru’s original designer, and the identity of its captain, remain secret. Boat International noted : “With the elegant curve of the bow and a bowsprit, the lines are certainly classic, but we still have no idea which designer drew them.”

The Cayman Islands-flagged vessel also has engine power like most sailing yachts.

And while other billionaires measure yachts by size, Bezos’ is only the 24th largest.

Abeona

However, since Koru’s masts rule out a helicopter deck, the billionaire commissioned a support vessel, Abeona, named for the Roman goddess of outward journeys.

In addition to a helipad, the 246-foot Abeona features an extra two staterooms for four guests and as many as 45 crew and support staff.

It’s the largest custom-built support vessel ever manufactured by Damen Yachting. On board in Mallorca were at least four jetskis, two fast launches, and an additional dinghy. Its heavy winch is capable of lifting a small submarine, although Bezos is not believed to have one thus far.

Koru's pool

The “classic exterior lines” of Koru, are reminiscent of another billionaire’s boat: Eos, a 305-foot sailing yacht owned by Barry Diller, 81, who may have inspired Bezos after hosting him on the vessel.

Favored by megastars like Katy Perry and Bradley Cooper — who were Diller’s guests during 2019’s Google Camp in Sicily — the German-built Eos can accommodate up to 16 guests and 21 crew.

It was the largest private sailing yacht in the world when it was completed in 2006. Diller, chairman of IAC and Expedia, who is worth $3.9 billion, bought it three years later. Intriguingly, its figurehead is modeled on Diller’s wife Diane von Fürstenberg, the fashion designer.

But the $200 million, 305-foot schooner is now dwarfed by Bezos’ boat.

Koru under sail

As Koru sailed in the Balearic Sea this week off the coast of Spain, Bezos’ boat symbolically surges past several other tech billionaires’ vessels – including Google co-founder Sergey Brin’s $80 million, 240-foot Dragonfly, and Oracle co-founder Larry Ellison’s, $160 million, 288-foot Musashi.

It will cost Bezos, 59, an estimated $25 million per year to operate Koru, but the world’s third-richest man isn’t likely to need a loan with his $140.6 billion fortune,  according to Forbes .

Eos

Bezos’ use of sailpower sets him apart from most billionaires, but others are seeking a hi-tech zero-carbon power source: a Japanese billionaire has reportedly commissioned the world’s first hydrogen-powered superyacht.

Germany’s Lürssen Yachts announced in March that they had a hydrogen-powered superyacht in advanced construction.

It declined to identify the future owner of the unnamed superyacht, but specialist publication FuelCellsWorks reported Japanese billionaire tech Yusaku Maezawa, worth an estimated $1.7 billion, commissioned the innovative effort.

Bezos: How his yacht compares to other tech billionaires.

Dubbed Project Cosmos, the 374-foot superyacht is designed by Apple’s legendary Marc Newson and was first unveiled in early March at Lürssen’s facility in Rendsburg, Germany.

Once completed as soon as next year, the vessel is expected to utilize emission-free fuel cell technology to generate power lasting up to 15 days while anchored or to travel as far as 1,000 miles at slow speeds.

Three other major shipyards, including in Italy and the Netherlands, are likely to launch their own hydrogen started outfitting newly constructed vessels with hydrogen fuel cells as of March 2022, with the first models reportedly expected in 2024.

Other megayachts expected to soon join Bezos’ Koru in the water include two Lürssen models, the 475-foot Luminance and the 400-foot Jag, and Feadship 821, a 389-foot offering from the Netherlands manufacturer.

Azzam, world's longest superyacht

But even those won’t best the biggest megayacht in the world, the 593-foot Azzam, which launched in 2013 after being commissioned by Sheikh Khalifa bin Zayed Al Nahyan, the ruler of Abu Dhabi and president of the United Arab Emirates who died last year.

Azzam, which means determination in Arabic, reportedly cost more than $600 million and is nearly 60 feet longer than the world’s second-largest yacht, the 533-foot Eclipse, owned by Russian oligarch Roman Abramovich.

Those monster vessels are expected to be surpassed next year by REV, a 600-foot yacht under construction in Norway which will have space for 36 guests and 54 crewmembers, according to Boat International .

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Jeff Bezos’ New Yacht Is Finally Ready to Set Sail

Amazon’s founder has been spotted on Koru, a massive schooner with a design that evokes the golden age of sailing in the early 20th century.

Koru, a very large sailboat with three masts and a dark navy hull, sails on a calm blue sea.

By Kevin Koenig

Just in time for the high season of yachting in the Mediterranean, when multimillion-dollar megayachts descend on ports like Monte Carlo and St. Tropez, Jeff Bezos, the founder of Amazon, has been photographed with his partner Lauren Sánchez on his new boat, Koru, off the coast of Spain.

Mr. Bezos’ vessel is a sailing yacht, a departure from the diesel-powered, floating palaces popular with other billionaires. But it is still massive. At 417 feet, Koru is the world’s largest sailing yacht, according to Boat International , and it cost an estimated $500 million to build, Bloomberg reported . (Parsifal III, the boat featured on Bravo’s reality series “Below Deck Sailing Yacht,” is 177 feet long — less than half the length of Koru — and cost $18 million , according to the website SuperYachtFan.)

A spokesperson for Mr. Bezos did not comment for this article; neither did Oceanco, Koru’s builder. Here is what to know about the boat.

For traditionalists, Koru is refreshing. At a time when yacht design skews outrageous — see the lizardlike, 262-foot Artefact or the otherworldly 463-foot Yas — Koru stands out as a schooner, a sailing vessel with two or more masts. Photos reveal a large sailboat with three masts, an on-deck pool and a voluptuous mermaid on the bow, that bears a resemblance to Ms. Sánchez. But otherwise, the sleek, classic lines suggest the patrician age of yachting in the early 20th century, said Robert B. MacKay, author of “The Golden Age of Newport Yachting: Between the Wars.”

“With the clipper bow and the dark hull and the masts,” Mr. MacKay said, referring to Koru’s concave, pointy forward section, “it reminds me of a boat built in 1930 for J.P. Morgan Jr., Corsair IV. It is almost like a reincarnation. It’s certainly at odds with the stuff the oligarchs are building — those look like bloated Clorox bottles.”

Compared with the world’s very largest motor yachts — built for sheer size and the accompanying bragging rights — Koru could almost be considered quaint. Azzam, one of the world’s largest motor yachts, is nearly 200 feet longer.

The Experience

Koru will be propelled primarily by the wind. “Sailboats are usually greener than most powerboats,” said Don Anderson, a former captain of M5 , the world’s largest single-masted sailboat, at 256 feet. “I’d like to think that Koru will be one of the most ecological yachts out there, with its sails and also with the technology that will be aboard.”

“When you’re on a sailboat, you’re more in touch with the wind and the waves than on a powerboat,” he continued. “You’re more susceptible to the elements, too. But you can leave California, and once you get past the Catalinas you can basically surf downwind all the way to Hawaii. All you need to do is run with the waves.”

Mr. Bezos has been a guest on similar boats, according to Bloomberg: In 2019, he was spotted on Eos , a 305-foot sailing yacht owned by Barry Diller and Diane von Furstenberg.

Bill Tripp, a Connecticut-based naval architect, said the appeal of this type of boat is clear: “When you are on a powerboat, you ask, ‘Are we there yet?’ and on a sailboat, you’re enjoying the ride and the ocean so much that you don’t ask that question.”

Koru will be trailed by Abeona, a 246-foot support vessel. Superyachts often have support vessels following along behind them. These “shadows,” as they are colloquially known, are for the “toys” — the ATVs, supercars, seaplanes, motorcycles, smaller boats, scuba gear, personal submarines and even helicopters that pleasure boaters might bring on a trip. According to its builder, this model of boat can carry these gadgets along with dozens of crew members. (Ms. Sanchez flies helicopters, and the couple was recently photographed taking a helicopter to board Abeona and then Koru.)

Abeona, a motor yacht, will have enough range to follow Koru from the Mediterranean to the Caribbean — a common course for yachts — on a single tank of gas.

The Kerfuffle

Koru set off a controversy last year — before it was even completed — in a face-off with the Dutch city of Rotterdam. The boat was built at Oceanco’s facility in Alblasserdam, the Netherlands, and needed to pass the historic Koningshaven Bridge, known as “De Hef,” in Rotterdam, to undergo testing in the North Sea.

When the city announced it would dismantle the bridge to allow the boat and its mainmast — an estimated 230 feet tall — to pass through unscathed, locals were angry. They planned a protest to throw eggs at the yacht as it cruised by. In the end, the bridge was not taken apart, and the yacht was towed to a different location to have its masts attached.

Koru is Maori for “coil” or “loop” and refers to the unfurling of a fern frond. The koru design is common in traditional Maori art, where it symbolizes new life, growth and peace. Mr. Bezos included a photo of a koru frond in an Instagram post on Jan. 1, 2022.

Brad Stone, who was the first to report on Koru, in his 2021 book “Amazon Unbound: Jeff Bezos and the Invention of a Global Empire,” said the name was “consistent with where we see him today.”

“He is no longer this single-minded tech guy,” Mr. Stone said. “He’s in media and Hollywood and has a new relationship.”

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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.

koru yacht side

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.

koru yacht back

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.

koru yacht bezos

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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75m custom Damen support yacht ABEONA delivered

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By Editorial Team   3 February 2023

Damen Yachting’s largest support vessel, previously known as Wingman and YS 7512, has been delivered and officially christened yacht ABEONA . The 75m (246ft) custom-built shadow vessel was launched in October 2022, with sea trials taking place in December.

Following her successful sea trials, the yacht departed the shipyard’s Vlissingen facilities in the Netherlands at the end of January and has now arrived in Gibraltar. The builder has kept the owner’s identity confidential since announcing the project in September 2019, however sources suggest this will be the support yacht for Oceanco’s 127m (416ft) sailing yacht KORU , built for Amazon founder Jeff Bezos.

damen yachting support yacht abenoa

The 1,900 GT yacht features exterior and interior styling by the in-house design team at Damen yachting. She sports a striking gray hull contrasted with a sleek orange boot stripe, as well as Damen Yachting’s signature utilitarian profile with an open aft deck.

Boasting an impressive beam of 12 meters, yacht ABEONA is capable of carrying up to 45 people, including guests, crew and specialist staff, with ample room for storing large tenders and specialist toys. 

She is also equipped with a certified helipad and hangar for a D14 value helicopter to bridge the gap between land and sea, and is capable of a top speed of 18 knots. The yacht will also be responsible for carrying advanced equipment for emergency relief support.

jeff bezos yacht with support yacht

With a name derived from ancient mythology as the Roman Goddess of outward journeys and safe passage, yacht ABEONA represents the 17th Damen yacht support vessel to see delivery to date. 

The support vessel ABEONA is not currently available for charter . If you are interested in renting a yacht of a similar caliber, browse all Damen Yachts available for charter . Alternatively, consult your chosen yacht charter broker for more information.

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Jeff Bezos is building a gigantic luxury yacht that's expected to be one of the best in the world — and he's adding a 'support yacht' with its own helipad

  • Jeff Bezos is building a 127-meter luxury mega-yacht, according to a new book.
  • He is also adding a second, "support yacht" that has its own helipad. 
  • Bezos hasn't owned a ship in the past, but he's displayed a fondness for yacht travel.

Insider Today

Jeff Bezos may soon be sailing the high seas in his very own mega-yacht. 

The Amazon CEO has commissioned a 127-meter custom yacht from the Dutch shipbuilder Oceanco, according to an excerpt from Brad Stone's forthcoming book, "Amazon Unbound," that was published in Bloomberg Businessweek on Wednesday.

The three-mast ship is expected to be "one of the finest sailing yachts in existence," but other details about the yacht are unknown, even among those in the exclusive luxury boat world, Stone reports.

In addition to the mega-yacht, 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 reports that Bezos has taken flying lessons as well. 

A representative for Bezos did not immediately respond to Insider's request for comment.

Read more: Jeff Bezos responds to employee question about his resignation as CEO, says Amazon can 'out-survive any individual in the company, including, of course, myself'

While massive yachts are often an accessory of the mega-rich , Bezos, who is the 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 . Amazon denied that the ship belonged to Bezos.

Regardless, Bezos does appear to have a fondness for yacht travel. Throughout the summer of 2019 , he and Sanchez were spotted aboard a yacht belonging to entertainment mogul David Geffen, and then a yacht owned by fashion designer Diane von Furstenberg. Earlier this year, the couple was spotted aboard another yacht in Cabo San Lucas, Mexico .

Bezos announced in February that he plans to step down as Amazon's CEO in the third quarter of 2021 — Andy Jassy, the CEO of AWS, will take his place. Bezos said at the time that while he plans to stay involved in important initiatives at Amazon as its executive chairman, his goal is to spend more time on philanthropy — including the Bezos Earth Fund and his Day One Fund — as well as his two other major endeavors: The Washington Post, which he purchased 2013, and his rocket company, Blue Origin.  

jeff bezos yacht with support yacht

Watch: Jeff Bezos on regulating giant tech companies: 'I expect us to be scrutinized'

jeff bezos yacht with support yacht

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Jeff Bezos has a support yacht for his yacht with its own helicopter pad

Lauren Sánchez, Bezos’s fiancée, can land her helicopter on the Abeona, seen off Mallorca with the Koru, top

Henry VIII had Thomas Cromwell to order his affairs and Samuel Johnson had James Boswell trailing in his wake. The same is apparently true of superyachts, which now arrive with an assistant carrying the bags.

As Jeff Bezos ’s gigantic sailing schooner was sighted cruising the Mediterranean, beside it appeared the largest support boat ever. Abeona, apparently named after the Roman goddess of outward journeys, is a 246ft motor yacht able to cruise 5,000 miles on a tank of fuel. It has a helicopter pad, storage for all manner of boats and marine gear and a crane to winch them in and out of the water. There is also room to sleep 45. Yet it is a number two — an understudy to Koru, the

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Bezos ‘pops the question’ on his $500m superyacht

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Jeff Bezos and the secretive world of superyachts

jeff bezos yacht with support yacht

News that Jeff Bezos has bought a "superyacht" has revived interest in the secretive world of the uber-rich globetrotters who enjoy these ultimate status symbols. Experts say the superyacht industry has been booming for years, even during the global economic slowdown caused by the pandemic.

Jeff Bezos, the founder of Amazon and the world's richest man, has seen his personal wealth roughly double since 2017, helped by his wallet ballooning last year as more people than ever turned to online shopping.

It's not just Bezos. Many of the world's wealthiest have seen their fortunes accumulate in recent years.

And through it all, shipyards have continued turning out mega yachts that experts say are growing larger as they gain in popularity. According to experts and brokers, 2020 saw more yachts sold than ever before, with 2021 set to again break sales records.

What do we know about Bezos' yacht?

The 417ft (127m) vessel is being built in the Netherlands by Oceanco, according to a new biography of Bezos by Bloomberg News.

It is estimated to cost about $500m (£350m), a drop in the ocean for the world's richest man, whose wealth at one point jumped $13bn in a single day in 2020. His estimated net worth now stands at nearly $200bn.

That price tag does not include a smaller motorised "support yacht" that Bezos also plans to buy. The smaller yacht features a helicopter landing pad - Bezos' girlfriend, TV host Lauren Sanchez, is a trained helicopter pilot.

The main yacht is unable to support its own helipad due to the three sailing masts on its deck.

The smaller yacht is also expected to be loaded with other goodies, such as cars, luxury speedboats , and probably even a submarine, experts say.

The highly secretive superyacht project, known as Y721, is due to be completed sometime next month, according to Bloomberg. It's likely that Bezos' order was placed several years ago, since custom-made ships like this can take around five years to build.

Oceanco, the Dutch yacht maker, has not commented on the project. They previously built the 350ft Black Pearl, the second largest sailing yacht in the world.

What is a superyacht?

There's no official definition of a superyacht (versus a regular yacht), but in the industry the term generally refers to a yacht that is over 74ft long.

Some dispute that definition, saying the term superyachts applies to ships over 200ft long. Some brokers have even taken to the term "gigayacht" to refer to ships longer than 300ft.

"It's all a little bit of marketing," says Bill Springer, who writes about the yachting industry for Forbes magazine.

Bezos' yacht, coming in at over 400ft, is almost as big as the Great Pyramid of Giza (if the vessel was laid out vertically). It's just under half as long as the Eiffel Tower.

Only a few jumbo superyachts like the Bezos vessel are completed each year, but high-profile projects are often done with such secrecy that builders are required to sign non-disclosure agreements.

Therefore it's unlikely that we'll ever know if Bezos copied the decorative flairs of Russian oligarch and fellow yachtsman Andrey Melnichenko, who lined a spiral staircase on one of his yachts with scalloped, silver-leaf walls .

How is the yacht industry doing?

The industry has been growing rapidly over the past 20 years.

According to the US National Marine Manufacturers Association, boat sales reached a 13-year high in 2020, reflecting how people were turning to the water for safe, socially distanced activities during lockdowns.

"The market's been absolutely roaring," says Sam Tucker, head of superyacht research at market intelligence firm VesselsValue. "There's been a record number of transactions done, and that trend is being sustained even until now."

The market for used yachts has also "just been nuts", he says. "The market is just red hot."

Getty Images "Motor Yacht A," pictured on the Thames in London in 2017

According to Tucker, there are 9,357 yachts over 65ft long that are currently on the seas - meaning those that have not sunk or that are being maintained on land.

About 85% of those are motorised and 15% are sailing yachts like the one Bezos has ordered.

Fewer yachts were chartered in 2020, Tucker says, which he attributes to pandemic travel restrictions preventing normal tourism activities.

Sales dropped for a few weeks as lockdown orders hit the US last year, but then immediately skyrocketed.

In June "it was like someone flipped a switch" as orders started rapidly coming in, says Bob Denison, who's been a yacht broker in Fort Lauderdale, Florida, since 2001.

"There's been nothing like it before," he says. "The amount of demand is two or threefold more than I've ever seen."

Denison's company sold 1,008 vessels in 2020 - a 35% uptake from the previous year. He is currently on track to see another 30% increase in 2021.

About 65 of those he sold in 2020 were superyachts. So far this year about 40 superyachts have been sold, meaning about 2.2 superyachts have been sold by his company per week since January.

Demand has totally outstripped supply, says his colleague Ben Farnborough, who adds that it's getting much harder now to find used boats for them to sell.

Farnborough hopes that the easing of coronavirus travel restrictions will soon make it possible to travel to Europe to source more second-hand yachts to sell in the US.

Nick Verola Triton submarine

Who buys a superyacht?

The vessels are often bought by corporations and are then rented out by the company's owner, making it difficult to say for certain which yachts are owned by whom.

At famous ship-building ports, such as the one in the Netherlands where Oceanco is located, hobbyists will try to spot private airplane tail numbers in an effort to determine which billionaires have come to visit their future yacht.

Privacy is the whole point of owning a yacht, says Tucker, who calls it an "opaque industry". Mark Zuckerberg and Bill Gates, fellow tech billionaires, are rumoured to have yachts.

"These are very private assets and one of the reasons they're bought is for privacy," says Tucker. The privacy also offers security protections, not an insignificant consideration for the richest people in the world.

Getty Images Bezos speaks in 2017 from on board a spaceship built by his company Blue Origin

But despite the booming popularity, the ultra-rich may want to keep their newest toys extra private these days.

After Hollywood billionaire David Geffen posted online about being "isolated" on his yacht in a tropical paradise and hoping everyone else was "staying safe" during the pandemic, he was swiftly trolled by land-dwellers.

"Did David Geffen just give everyone the middle finger?" one Instagram user posted in reaction to Geffen's not-so-humble brag.

Why are they so expensive?

Yachts offer "true exclusivity," says Springer, who likens them to owning a private island or building a personalised city from scratch.

"Back in the Renaissance, rich patrons would pay - in current money - millions of dollars to build cathedrals," he says.

"And they were the most beautiful and they had the finest artisans, and they were the most spectacular projects of their day. And it was a lot of 'Hey I'm really rich and I'm gonna do this really amazing stuff with my money'."

"So superyachts are very similar in that regard."

They're getting more comfortable too, and are going to places beyond the "classic glamour ports" like Monaco, Springer says. People are now taking them to more exotic and far-flung locations, such as Antarctica and Papua New Guinea, as owners find that they are more than just status symbols.

Getty Images A cathedral in Spain

The finest superyachts are custom-made, with the global craftsmen addressing every single detail for the tastes of the world's most rich and elite.

They can take years to build. A yacht as big as Bezos' probably involved about 400 workers and designers, estimates Farnborough. When completed, it will probably need about 60 people to crew it.

Annual operating costs amount to about 10% of the purchase price, says Tucker from VesselsValue. High oil prices and the potential for further lockdowns could lead to more used yachts hitting the market over the coming years, he estimates.

What else costs as much as a superyacht?

Bezos bought the Washington Post newspaper in 2013 for just $250m - so about half the cost of his new superyacht.

A painting by artist Jean-Michel Basquiat is currently on auction in New York for a low estimate of $145m. There's also a Claude Monet painting going for about $350m.

Virgin Galactic has been pre-selling tickets into space for between $200,000 to $250,000 in recent years as they prepare for their first commercial launch.

But if you're Jeff Bezos, there's no need to book a ticket. Bezos, who is behind the space venture Blue Origin, could fly on his own rocket ship.

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Jeff Bezos and partner Lauren Sanchez at Milan Fashion Week.

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The firm had previously said its founder would sell up to 50 million shares by the end of January 2025.

Lauren Sánchez and Jeff Bezos arrive at the Dolce&Gabbana Party during the Milan Menswear Fall/Winter 2024-2025 on 13 January, 2024 in Milan, Italy.

Amazon founder Bezos sells shares worth over $4bn

The multi-billionaire moved to Florida last year, which has no state tax on share sales above $250,000.

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Jeff Bezos: Amazon CEO buys $500m superyacht so big it comes with a ‘support yacht’

Experts say that yacht industry has seen a boom during the pandemic, article bookmarked.

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Jeff Bezos , Amazon founder and the world’s richest man, will reportedly soon be the owner of a mega-yacht he bought for $500 million, almost double the price he paid to buy the Washington Post newspaper in 2013.

While the details of the vessel have largely been kept under wrap, the 417-foot superyacht is so massive that it has a yacht of its own, along with a helipad, reported Bloomberg.

Developed by Dutch yachtmaker, Oceano, it is named project Y721 and has several decks along with three huge masts, reported the outlet. Said to be the largest sailing yacht built in the Netherlands, it is due to be finished next month, almost two years after it was ordered.

While the cost of the yacht is inconceivable for many, the amount is only a fraction of Mr Bezos’s total worth which currently stands at $191 billion. In fact, according to Bloomberg’s Billionaire Index , Mr Bezos gained about $75 billion in 2020, as the world was fighting the pandemic.

Amazon’s stocks gained 75 per cent last year as consumers turned towards its services for shopping during the pandemic, reported CNN. Bezos isn’t the only billionaire to have gained fortune during the pandemic.

According to a report published by Institute for Policy Studies and Americans for Tax fairness, US billionaires have collectively increased their wealth by $1.1 trillion during the pandemic, making them 40 per cent richer than they were before the pandemic began.

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While Covid-19 was not a factor when Mr Bezos invested his fortune in the superyacht, a Bloomberg analysis showed that its market has grown especially during the pandemic. “The market’s been roaring,” Sam Tucker, head of superyacht research at London-based VesselsValue, was quoted as saying by the outlet.

He further said that the demand for extravagantly high-end yachts has outstripped supply. “It’s impossible to get a slot in a new-build yard,” Mr Tucker said. “They’re totally booked.”

Aino Grapin, chief executive officer of superyacht interiors studio Winch Design, told the outlet that the yacht allows the explorer to cruise for 9,000 nautical miles without the need to refuel it. “Clients can enjoy life at sea for long periods of time without having to go mix with others,” she said.

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Luxurylaunches -

This 247 feet long vessel is exclusively built to support Jeff Bezos’ humungous $500 million yacht. It will accommodate a staff of 45 and will carry a helicopter, diving gear, water toys, and everything else the Amazon CEO and his girlfriend need for their voyages.

jeff bezos yacht with support yacht

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Jeff Bezos Is So Rich He Has A $100m ‘Support Yacht’ For His $700m Superyacht

A not-so-humble sidekick.

Jeff Bezos Is So Rich He Has A $100m ‘Support Yacht’ For His $700m Superyacht

Image: SplashNews

This weekend, Jeff Bezos made a remarkable entrance into the harbour of Cannes aboard his new $700m megayacht. Spanning 417 feet, this vessel was accompanied by its support yacht, the Abeona, serving as a $100 million floating garage housing luxury cars, jet skis, and even a helicopter for Bezos’ fiancée.

It’s been a busy few weeks for  Jeff Bezos . Between wearing a  barely-there sheer polo  to the Miami GP, his  controversial $723m yacht  finally being seen  under sail for the first time , and construction pushing ahead for his new wife’s $270m mega-mansion , you’d be forgiven for thinking that the once world’s richest man — recently eclipsed by Bernard  Arnault  and  Elon Musk  — might want to take a few days off to decompress.

And that’s exactly what he’s done: arriving at the bustling Cote d’Azur this weekend, the Amazon founder floated into the harbour for some much-needed ‘me time’. However, what caught the eye of many onlookers was not his controversial but undeniably impressive $700m superyacht, but the rather more modest $100m companion craft that came along with him.

WATCH: Here’s what the main event looks like under sail…

Named after the Maori term for “new beginnings,” Bezos’ controversial superyacht — the Koru —represents a more luxurious and opulent investment than any of us mere mortals could ever dream of. And yet, that hasn’t stopped him from keeping the Abeona — Koru’s 246-foot “ support yacht ” — on hand and stacked with all the toys a billionaire could need.

The largest support vessel ever built, the $100 million Abeona was launched in October of last year and is named after the Roman goddess of outward journeys. Stacked with supercars, motorbikes, smaller boats, and jet skis, the vessel’s raison d’etre is to accommodate Bezos’ fiancée — trained helicopter pilot Lauren Sanchez — as the Koru lacks its own landing pad.

This is far from being the first big spend that Bezos has made to accommodate his new boo, who made her own millions as an esteemed TV presenter and more recently as founder of ‘Black Ops Aviation’, the first female-owned aerial film and production company. Bezos’ $270m mega-mansion that is underway in Beverley Hills is also being developed with the aim of accommodating the soon-to-be-married couple.

jeff bezos yacht with support yacht

We certainly don’t wish to imply that Sanchez is a demanding partner. In fact, the demand for similar support vessels is apparently soaring amongst the super-rich, who are always in need of additional space to store gadgets and guests alike. As well as hitting top speeds of 18 knots, the Abeona can comfortably accommodate four guests and an extensive crew of up to 37 members.

Sanchez may not be demanding but she’s certainly inspiring, at least in the eyes of her new beaux: in addition to the Koru’s Rolls Royce engines and array of sails, the ship’s bow features a polished wooden sculpture that, officially speaking, is intended to be reminiscent of a Roman goddess, but some have speculated bears a striking resemblance to Sanchez herself…

While details about the interior of Bezos’ staggering superyacht are as yet undisclosed, it isn’t hard to imagine to the kind of obscene luxury that must lay within its walls. With estimated annual running costs of over $30 million, it’s clear that as the Koru and its not-so-humble sidekick set sail, Bezos knows how to keep his extravagant dreams afloat while the rest of us are left treading water.

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  • Superyachts

Jeff Bezos has a $75m ‘support yacht’ that accompanies his $500m ‘mega yacht’ as a floating garage

  • The yacht is called Abeona
  • Despite being a shadow boat, it is still larger than most yachts
  • It’s large enough to accommodate 65 people, including medical personnel

Published on Nov 8, 2023 at 1:52PM (UTC+4)

  • by Alessandro Renesis

Last updated on Nov 10, 2023 at 12:58PM (UTC+4)

Jeff Bezos Abeona, featured image

Jeff Bezos owns Koru , a massive 417-foot yacht that’s worth around $500 million

It’s an amazing yacht but like any other yacht of this size, it can’t really navigate near small ports and quays.

And that’s exactly why Bezos splashed out an additional $75 million on a shadow boat for his yacht.

READ MORE: This is Jeff Bezos’ brand-new superyacht, ‘Koru’ , and it’s worth half a billion dollars

She is called Abeona and was built by Damen Yachting in the Netherlands.

Abeona, in nautical jargon, is a shadow boat or support yacht.

In other words, this yacht is designed specifically to provide support for larger yachts.

In this case, for Koru.

Jeff Bezos, Abeona, support yacht for Koru

It can house provisions and supplies, and it can accommodate up to 65 people, 45 passengers and 20 crew, including medical personnel.

In car terms, this is sort of like buying a Ferrari so you can drive to the garage where your Pagani is parked.

Then again, with a net worth of $144 billion, Bezos can certainly afford it.

Jeff Bezos, Abeona, support yacht for Koru

Even though it’s ‘only’ a shadow yacht, Abeona is still larger than most ‘normal’ yachts, measuring 75 meters – or 246 feet.

More importantly, the yacht is still big enough to include a helipad and additional garages for all tenders, smaller boats and jet skis.

Jeff Bezos, Abeona, support yacht for Koru

Known as Project 721 or Koru (Maori for ‘new beginnings’), she is the world’s second-largest sailing yacht behind Sailing Yacht A, designed by Philippe Starck and built in the Netherlands.

Jeff-Bezos-yacht-koru-04

As well as its $500 million price tag, Koru costs around $40 million between maintenance and docking fees.

In addition, Abeona has a yearly running cost of $10 million.

Yep, this means the CEO of Amazon spends $50 million a year just to maintain his yachts.

  • Tags - Jeff Bezos , superyachts

jeff bezos yacht with support yacht

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Jeff Bezos’ New $500 Million Megayacht Didn’t Have a Helipad So He Bought a Support Yacht

Bezos bought a $75 million support yacht for choppers..

Support yacht Abeona

The rich do wild things with their money because, you know, why not? Jeff Bezos, for example, is worth about $127 billion, according to Forbes , or more than enough to drop $75 million on a support yacht with a helipad for his girlfriend, because his $500 million superyacht doesn’t have one, according to   Luxury Launches .

The man that probably has everything had a problem. Aside from the fact that he wanted the town where his yacht was built   to dismantle a historic bridge to movie it, t his was more of a feature problem. The half-billion dollar, 417-foot-long superyacht he just had constructed came with almost everything except a helipad. This is needed as Bezos’ girlfriend Lauren Sanchez is an avid helicopter pilot. So rather than sending the superyacht back to the shipyards, Bezos does what any billionaire with too much money would do, he bought another one .

Support vessel Abeona

The 279-foot vessel is called Abeona and was constructed at a shipyard in The Netherlands. It’s believed to be the largest support vessel in the world. And it’s not just some ship that can carry support vehicles, it’s a full-on vessel, and can carry up to 45 people.

Via Luxury Launches :

Built at an estimated cost of $75 million at the shipyard in Vlissingen, the Netherlands, Abeona was initially known as YS 7512. After completing her sea trials in December, the largest support vessel in the world departed the shipyard in the Netherlands before arriving in Gibraltar, where she is currently located. Longer than many yachts, the 279-footer is a gorgeous ship with a grey hull and an orange stripe for a strawberry mark. The boat that looks more like the baby of Sailing Yacht A is named after the goddess of voyages and departures. In addition to a helipad its has a hangar that can carry a D14 value helicopter. It can comfortably accomodate 45 people, and can carry a host of toys, including water scooters, sea bobs, and even a submarine.

We’ll have to assume that the support yacht is where the real party is, should you ever find yourself hanging out with Jeff Bezos on his yacht(s). Tell him you’ll be with the submarine. 

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jeff bezos yacht with support yacht

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Photo of Jeff Bezos’ extra $100 million ‘support’ yacht sparks outrage: ‘Wondering at what point one wasn’t enough’

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As if one $500 million superyacht wasn’t enough, Amazon founder Jeff Bezos added a second $100 million mega-boat to his fleet, stirring up a storm in social media comment sections.

One Redditor posted a recent photo of the new yacht in the appropriately named subreddit r/Anticonsumption .

The 246-foot support vessel named Abeona can be seen tailing Bezos’ much larger 417-foot triple-masted sailing yacht called Koru, which is both the largest and tallest “pure” sailing yacht in the world, clocking in at 230 feet tall, according to YachtWorld .

The Redditor said in the caption: “Friendly reminder that the King of Overconsumption himself has a second, $100 million mega yacht [following] his $500 million mega yacht so his (at time of purchase) girlfriend can have a floating helipad.”

However, one user pointed out the purpose of the “spare yacht”: “It houses all the toys for the parent yacht. Extremely decadent I agree but it’s not a spare by any means. They generally stick together even on ocean passages,” they explained .

Still, it seems excessive, especially considering the massive impact of ships this size on the environment. According to the New York Post , Koru generates at least 7,154 tons of heat-trapping pollution annually — around 447 times the amount produced yearly by most Americans , as an analysis by Indiana University researchers discovered.

And that doesn’t even consider the planet-warming gases produced by the diesel-powered Abeona.

While Koru is primarily propelled by the wind, the superyacht still creates mind-boggling amounts of pollution from the energy required to heat and cool the ship and power its amenities.

“The helicopters onboard, the jetskis, the high energy-using luxury items like pools, hot tubs, private submarines and tenders … It is like having a hotel running on the water all the time,” Richard Wilk, one of the researchers involved in a climate research study, told the Guardian .

Unsurprisingly, many commenters in the thread had zero issues calling out the Amazon billionaire.

“Wondering at what point one wasn’t enough anymore,” one commenter wrote.

“Someone needs to tell the orcas to go after it,” another joked.

“This would be the head of the same company which denies workers need to unionize to get a fair wage?” added another Redditor.

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Even the Shadow Vessel for Jeff Bezos’ Oceanco Superyacht Is a Massive Luxury Yacht

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Jeff Bezos could save $600m in taxes after moving to Florida

Windfall stems from $2bn stock sale as Bezos and Lauren Sanchez pick state that doesn’t levy taxes on income or capital gains

The multibillionaire Jeff Bezos and his fiancee, Lauren Sanchez, could save $600m in taxes simply because they moved to Florida.

The accounting windfall stems from a $2bn sale of Amazon stock.

Bezos, 59, who is in a three-way race with Microsoft’s Bill Gates and Tesla’s Elon Musk for the title of wealthiest American, announced in November he was leaving Seattle after 30 years – ostensibly, he said in an Instagram post , to be nearer his parents and his Blue Origin rocket launches at Cape Canaveral.

“I’ve lived in Seattle longer than I’ve lived anywhere else and have so many amazing memories here. As exciting as the move is, it’s an emotional decision for me. Seattle, you will always have a piece of my heart,” he wrote.

But on Tuesday the financial news network CNBC offered another clue to his move: two years ago, Washington introduced a new 7% capital gains tax on sales of stocks or bonds of more than $250,000.

Florida, however, does not levy taxes on income or capital gains.

Bezos, the outlet reported, has been selling billions of dollars of Amazon stock since 1998 to fund his philanthropic operations, Blue Origin, and some of his splashy acquisitions, including new homes on Miami’s “billionaire bunker” island Indian Creek and a $500m 417ft mega-yacht, the Koru.

Last year, after the new tax, Bezos stopped selling Amazon stock – that is until he notified the US Securities and Exchange Commission that he plans to unload 50m shares before 31 January 2025 that at current values would amount to $8.7bn.

On the first $2bn tranche last week, Bezos saved $140m in taxes he would have paid to Washington state, and on the entire sale over the next two years the figure would be about $610m or more, if Amazon stock continues to rise. The savings will nicely cover the expense of the Kuro.

The cost of moving to Miami has been onerous in own right for the couple, who have so far splashed out $147m on two Indian Creek mansions, near the residences of the quarterback Tom Brady, Ivanka Trump and her husband, Jared Kushner, and the investor Carl Icahn.

Miami real estate brokers say Bezos is likely to tear down the two homes and build a new one. He is also said to be looking at other properties on the island, which is its own municipality and has its own mayor.

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The architect Kobi Karp, who has worked in Miami “since the Miami Vice and Scarface days”, told Bloomberg that the island’s biggest draw is privacy. Paul George, the resident historian at the HistoryMiami Museum told outlet that the island is “only the very wealthy, the billionaires”.

Karp added: “Hundreds of millions aren’t gonna cut it any more.”

But Bezos’s personal real estate projects may not fully to account for what it takes to relocate a multibillionaire, his fiancee and their support staff across a continent. Soon after Bezos announced the couple’s move to Miami, Amazon announced it was looking for 50,000 sq feet of office space in nearby Brickell.

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jeff bezos yacht with support yacht

Jeff Bezos’s recent move from Seattle to Miami is already paying off. When the billionaire sold $2 billion worth of Amazon shares last week, he saved around $140 million in taxes, thanks to Florida’s billionaire-friendly tax code.

In that context, it’s no surprise Bezos, one of the richest men in the world, relocated from Washington state, his home for three decades and where he founded Amazon , last year. While Washington has no state income tax, in 2022 the state imposed a 7% capital gains tax on sales of certain assets including stocks or bonds of more than $250,000 (the tax  brought in a reported $890 million last year). Not only does Florida not have state income tax, it doesn’t tax capital gains.

That likely won’t be his only sale this year. According to another filing with Securities and Exchange Commission, Bezos plans to sell 50 million Amazon shares total before Jan. 31, 2025, worth an estimated $8.5 billion (this initial sale was around 12 million shares). If all goes to plan—and assuming Amazon’s stock price stays the same—he will save around $600 million in taxes.

And that’s all short term. Bezos’s move to Florida also will save him significantly because the state doesn’t have an estate tax, says John Pantekidis, managing partner and general counsel at  TwinFocus , which manages over $7 billion for ultrahigh-net-worth (UHNW) families. These benefits combined make the sunshine state an increasingly attractive place for high-net-worth and UHNW families to establish residence.

“For someone with that much wealth, just the estate tax savings alone can be $10 billion, never mind the income tax savings, which is ongoing,” Pantekidis says. “Florida is very, very favorable for someone like Jeff Bezos. They make it very cost effective for folks like Jeff to live down there. It’s ideal, it’s nirvana.”

To do so, Bezos will have to establish that Florida really is his new home, Pantekidis says—a potentially difficult maneuver for a man with private planes and yachts who’s frequently pictured in different places around the world. That means spending lots of time there—especially in the next few years, when the spotlight is on him for his stock sales—and doing things like registering to vote. Pantekidis says he tells clients making similar planning decisions to make the move, wait a full year, and then start selling stock, similar to what Bezos did. That looks better when they’re inevitably audited.

“There’s a big bullseye on people like Jeff,” he says.

Bezos buying up properties in Miami

While Bezos still owns many properties in Seattle, he announced in a November Instagram post that he’d be relocating to Miami with his fiancée, Lauren Sanchez. Bezos said the move was part personal and part business: His parents live in Miami, and Blue Origin, his aerospace company, has operations in Cape Canaveral.

“I’ve lived in Seattle longer than I’ve lived anywhere else and have so many amazing memories here,” he wrote. “As exciting as the move is, it’s an emotional decision for me. Seattle, you will always have a piece of my heart.”

The Amazon founder bought two mansions last year in what is known as the “billionaire bunker” of Indian Creek Village, an island near Miami that’s accessible only via a guarded bridge. The ultra-exclusive location is home to only around 40 lots, with owners including Jared Kushner and Ivanka Trump, Carl Ichann, and Tom Brady.

Bezos paid $68 million and $78 million for the two homes, Bloomberg reported, which are next door to each other. Since stepping down from Amazon in 2021, he’s also shelled out a reported $500 million for the world’s largest sailing yacht. He’s worth an estimated $200 billion, according to Bloomberg .

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IMAGES

  1. Jeff Bezos’ Luxurious Support Vessel YS 7512 Is Seen for the First Time

    jeff bezos yacht with support yacht

  2. JEFF BEZOS Yacht • Y721 • Oceanco • 2022 • Value $250M • Support Vessel

    jeff bezos yacht with support yacht

  3. This 247 feet long vessel is exclusively built to support Jeff Bezos

    jeff bezos yacht with support yacht

  4. Inside Jeff Bezos' New $500 Million Mega Yacht

    jeff bezos yacht with support yacht

  5. Jeff Bezos $500 Million Yacht Koru Makes Maiden Voyage

    jeff bezos yacht with support yacht

  6. JEFF BEZOS Yacht • Y721 • Oceanco • 2022 • Value $250M • Support Vessel

    jeff bezos yacht with support yacht

COMMENTS

  1. Jeff Bezos • Yacht Support Vessel ABEONA • 2023 • Damen

    Jeff Bezos Yacht Support Vessel ABEONA Yacht Owner Photos Location For Sale & Charter News ABEONA Support Vessel ABEONA ABEONA is a 75-meter support vessel built by Damen for Jeff Bezos. She was known as project WINGMAN. The 1,900 tons vessel has an estimated value of $75 million. She will act as a shadow vessel for Bezos' sailing yacht KORU.

  2. Jeff Bezos' $500M yacht has a 246-foot support ship, Lauren ...

    New York Post Jeff Bezos' $500M yacht has a 246-foot support ship, Lauren Sanchez figurehead Story by Joshua Rhett Miller • 8mo Much like Amazon, Jeff Bezos' $500 million superyacht...

  3. Meet Jeff Bezos' fleet and its Lauren Sanchez figurehead

    The Koru is the world's tallest sailing yacht. Its three huge 229-foot masts power it to 20 knots. It's also the biggest billionaire's yacht which can move under sail-power alone. What's on...

  4. Jeff Bezos' New Yacht Is Finally Ready to Set Sail

    Mr. Bezos' vessel is a sailing yacht, a departure from the diesel-powered, floating palaces popular with other billionaires. But it is still massive. At 417 feet, Koru is the world's largest...

  5. Jeff Bezos' Yacht: Everything to Know About Luxurious $500M Vessel

    Tech Jeff Bezos' yacht reportedly cost $500 million and is the largest sailing yacht in the world. Here's what we know. Sarah Jackson Nov 14, 2023, 1:28 PM PST Jeff Bezos and Lauren...

  6. Jeff Bezos' Magnificent KORU Yacht and ABEONA Support Vessel

    Jeff Bezos' $500,000,000 Superyacht KORU Watch on 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.

  7. Inside Jeff Bezos' shiny new US$500 million Koru megayacht and gigantic

    Jeff Bezos' megayacht Koru is estimated to be worth US$500 million. Photo: Luxurylaunches If anyone can beat Pirates of the Caribbean 's iconic Black Pearl ship at its game, it is tycoon...

  8. 75m custom Damen support yacht ABEONA delivered

    The builder has kept the owner's identity confidential since announcing the project in September 2019, however sources suggest this will be the support yacht for Oceanco's 127m (416ft) sailing yacht KORU, built for Amazon founder Jeff Bezos. The 1,900 GT yacht features exterior and interior styling by the in-house design team at Damen yachting.

  9. Jeff Bezos Is Said to Be Building a Luxury Mega-Yacht, Support Yacht

    Jeff Bezos is building a 127-meter luxury mega-yacht, according to a new book. He is also adding a second, "support yacht" that has its own helipad. Bezos hasn't owned a ship in the...

  10. Jeff Bezos has a support yacht for his yacht with its own helicopter pad

    Jeff Bezos has a support yacht for his yacht with its own helicopter pad. When the billionaire Amazon boss sails on the $500m Koru, the Abeona comes too. Lauren Sánchez, Bezos's fiancée, can ...

  11. More details about JEFF BEZOS' 127-meter Sailing Yacht and her 75-meter

    the Netherlands - May 8, 2021 by SuperYachtFan Guy Fleury International media report that Amazon founder Jeff Bezos is building a large yacht in the Netherlands. Jeff Bezos yacht is named KORU . He has also ordered a large (75 meter) support vessel. SuperYachtFan brings you the details. Sailing Yacht

  12. Jeff Bezos and the secretive world of superyachts

    What do we know about Bezos' yacht? The 417ft (127m) vessel is being built in the Netherlands by Oceanco, according to a new biography of Bezos by Bloomberg News. It is estimated to cost...

  13. Jeff Bezos' superyacht is so big it needs its own yacht

    Jeff Bezos' superyacht is so big it needs its own yacht By Allison Morrow, CNN Business 2 minute read Published 1:32 PM EDT, Mon May 10, 2021 Link Copied! Video Ad Feedback How Amazon's...

  14. Jeff Bezos buys $500m superyacht so big it comes with a 'support yacht

    Jeff Bezos, Amazon founder and the world's richest man, will reportedly soon be the owner of a mega-yacht he bought for $500 million, almost double the price he paid to buy the Washington...

  15. This 247 feet long vessel is exclusively built to support Jeff Bezos

    This 247 feet long vessel is exclusively built to support Jeff Bezos' humungous $500 million yacht. It will accommodate a staff of 45 and will carry a helicopter, diving gear, water toys, and everything else the Amazon CEO and his girlfriend need for their voyages. - Luxurylaunches Transport Published: October 13, 2022

  16. Jeff Bezos' $100m 'Support Yacht' For His $700m Megayacht

    This weekend, Jeff Bezos made a remarkable entrance into the harbour of Cannes aboard his new $700m megayacht. Spanning 417 feet, this vessel was accompanied by its support yacht, the Abeona ...

  17. Jeff Bezos's sailing yacht Koru's support vessel Ebeona

    Damen Yachting launched their largest support vessel Ebeona (YS 7512) on Saturday last week (8 October 2022). The support yacht arrived in Vlissingen on 6 Au...

  18. Jeff Bezos' $75 million support yacht cruises Ithaca alongside $500

    The support vessel of the superyacht Koru, which belongs to the billionaire Jeff Bezos, was seen off the Skinos beach in Ithaca at midday on Friday. However, when we say support vessel, we're talking about a 75-metre-long, $75 million yacht named Abeona, after the Roman goddess who presided over the departure of travellers. See photos

  19. Jeff Bezos spent $75m on a support yacht for his other boat

    Edited by Adam Gray. Jeff Bezos owns Koru, a massive 417-foot yacht that's worth around $500 million. It's an amazing yacht but like any other yacht of this size, it can't really navigate near small ports and quays. And that's exactly why Bezos splashed out an additional $75 million on a shadow boat for his yacht.

  20. Jeff Bezos' New $500 Million Megayacht Didn't Have a ...

    Jeff Bezos, for example, is worth about $127 billion, according to Forbes, or more than enough to drop $75 million on a support yacht with a helipad for his girlfriend, because his $500 million ...

  21. Photo of Jeff Bezos' extra $100 million 'support' yacht ...

    The 246-foot support vessel named Abeona can be seen tailing Bezos' much larger 417-foot triple-masted sailing yacht called Koru, which is both the largest and tallest "pure" sailing yacht...

  22. Even the Shadow Vessel for Jeff Bezos' Oceanco ...

    17 photos Photo: Damen Yachts Earlier this year, it was reported that " space cowboy " billionaire Jeff Bezos became the owner of a massive superyacht, a " secret project" of the Dutch luxury...

  23. Jeff Bezos could save $600m in taxes after moving to Florida

    Tue 13 Feb 2024 12.28 EST. Last modified on Tue 13 Feb 2024 12.35 EST. The multibillionaire Jeff Bezos and his fiancee, Lauren Sanchez, could save $600m in taxes simply because they moved to ...

  24. Bezos's Maritime Disappearing Act: How A $500 Million Yacht Goes Dark

    Bezos's disappearing act extends to another ship. The mega-rich that operate yachts of this scale sometimes need a support ship. Bezos operates a 246-foot ship called Abeona that follows Koru from ...

  25. Moving to Florida could save Jeff Bezos at least $600 million. How

    Jeff Bezos's recent move from Seattle to Miami is already paying off. When the billionaire sold $2 billion worth of Amazon shares last week, he saved around $140 million in taxes, thanks to ...

  26. Jeff Bezos sold $4bn in Amazon stock over the past week

    Bezos, who founded Amazon in 1994, has taken a step back from running the sprawling company to pursue other ventures, including his space group Blue Origin. "Blue Origin needs to be much faster.