who owns the lady michelle yacht

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Lady Michelle Yacht: Behind The Scenes

The Lady Michelle yacht became famous on the show Below Deck: Mediterranean season 6 where it was featured prominently. It’s worth noting that the Lady Michelle has since been renamed and is actually called the Next Chapter now. However, most people still know her as the Lady Michelle because of her time on the TV show. 

The yacht features naval architecture and was built by Italian yacht maker Benetti with design work done by Stefano Natucci and delivered back in 2003. She features a steel hull over an aluminum superstructure. It was refitted in 2022 and that was when the name was changed as well. 

Who Owns The Lady Michelle Yacht?

 In 2003 the Lady Michelle was purchased by entrepreneur Mike Fernandez.  He maintained ownership of the yacht even during its time on the show Below Deck. However, in 2022 the yacht was sold to a company called 1 Ocean Yachts. They are a yacht brokerage firm that also does yacht charter management and the Lady Michelle was renamed to the Next Chapter and added to their charter fleet.

How Big is the Lady Michelle/Next Chapter Yacht?

The Lady Michelle is by no means the biggest yacht in the world but it’s still a good sized vessel at 180.5 feet in length. According to the yacht specifications she features a 34 foot beam and her gross tonnage is 909 GT.

How Much Did the Lady Michelle Yacht Cost?

It’s believed that when the Lady Michelle sold in 2022 and was renamed the Next Chapter she sold for $18,950,000. That was the last published asking price for the yacht . Some sources claim that her initial price in 2003 was about $25 million. The annual cost to keep the yacht running is around $2 million. 

Can You Charter the Lady Michelle Yacht?

The Next Chapter/Lady Michelle is available for charter. The current price for a Lady Michelle yacht charter is about $325,000 per week. This number can change based on time of year and demand, however. Because the yacht is one of the more well known in the world thanks to its appearance on the show, it does tend to be popular.

How Fast is the Lady Michelle Yacht and What Engines Does She Have?

The Next Chapter uses a set of Caterpillar 3512 Diesel engines. Her cruising speed is about 14 knots with a top speed of 16 knots. She has a range of about 3,000 nautical miles at cruising speed.

What’s the Interior of the Motor Yacht Lady Michelle Like?

While the yacht was featured on Below Deck as we said and there was plenty of time for people to get a look at the interior and exterior, not all of that is applicable anymore. The refit of 2022 and subsequent sale to make it a charter yacht included a lot of changes to the overall look of the yacht. So if you think you know the Lady Michelle you may not, and the fact it’s called the Next Chapter now is symbolic of that. But, fortunately, the fact it is a charter now means the company wants you to know all of the features and amenities it has to offer, so we have a pretty good idea of the interior and how everything looks. 

As we said before, the interior and exterior were managed by Italian designer Stefano Natucci. As a charter vessel she has six cabins that can offer room for up to 12 guests. This includes 1 Master suite, 1 VIP cabin, 2 Double cabins, and 2 Twin cabins. There are also 14 crew on board to help make everyone’s time more enjoyable. 

The owner’s suite is also a split level to offer more space and views of the ocean. It features his and hers ensuite washroom facilities and offers a panoramic view of the ocean from the observation lounge. There’s also a private study 

When it comes to sleeping, guests enjoy a range of accommodations from the most luxurious with a king sized bed in the Master suite, to 3 queen sized in the VIP and doubles and then 4 singles and 1 pullman for those who are more inclined to rough it a little on a luxury yacht.

The interior was given traditional styling. This includes a lot of glossy wood finishes for a clean, shiny appearance. The color scheme is old school nautical blue and white for all the soft finishes like upholstery and pillows and so on. This, of course, matches the exterior paint on the hull.

Being a charter, the company in charge has packed the Next Chapter to the brim with all kinds of great features. Let’s take a look at some of the standouts.

Features and Amenities

Like any good luxury yacht, the Next Chapter has a wide range of activities, comforts and indulgences available for those who charter her. She also features a range of water toys that is a little more extensive than you may find on similar yachts. These include:

• A full gym with the latest equipment that is enclosed on the sundeck
• Deck Jacuzzi
• An open air cinema on deck for movie nights
• A saloon for socializing and enjoying drinks
• An elevator to move between the yacht’s four decks
• Two SeaDoo Spark Trixx WaveRunners
• The deck has an al fresco dining area
• Two seabobs
• Two Kayaks, 
• Fishing equipment
• Snorkeling gear
• Waterslides
• Two stand-up paddle boards
• Three tenders including a 45 foot Yamaha Seahunter Tournament Tender
• There’s an exterior bar on deck as well as a BBQ for drinks and entertaining under the sun or stars
• A swim platform

What Happened with the Lady Michelle Yacht Drug Bust? 

Being on the show Below Deck was not the Lady Michelle’s only brush with fame. Back in 2017 a boat of the same name also made international headlines after it was involved in a sizable drug deal. The boat, flagged as a fishing vessel , was discovered off the coast of South America with a remarkable 4.2 tonnes of cocaine on board. The street value at the time was pegged at about $125 million. 

While this boat was seized by both the US and the National Crime Agency, it was an unfortunate mix up with names that got the Lady Michelle yacht involved. This may also be part of the reason the newest owners changed the name, so as to distance themselves from what was, at the time, the largest drug seizure since 1999. You can imagine people who own the boat not wanting anyone to Google a potential charter and discover it was used as a boat to smuggle drugs, even though it was just a case of mistaken identity because they had the same name.

The Lady Michelle that had possession of the drugs was a 70 foot fishing vessel based out of St. Vincent and Grenadines. 

The Bottom Line

The Lady Michelle was built in the year 2003 for entrepreneur and philanthropist Mike Fernandez. It was featured on the sixth season of the show Below Deck: Mediterranean which gave the vessel some international attention. However, after it was sold in 2022 for about $18, 950,000 the vessel was retrofitted and also renamed the Next Chapter.

The Next Chapter is just about 180 feet in length and has a top speed of 16 knots. It’s available for charter at a cost of around $325,000 per week and has accommodations for a total of 12 guests. It features a number of luxury amenities and a lot of toys for those on board.

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Lady Michelle

Motor Yacht

Lady Michelle is a custom motor yacht launched in 2003 by Benetti and most recently refitted in 2015.

Over one century of history, more than 350 boats built including three giga yachts of 100mt and longer, over 300,000 sq m (3.229.173 sq.ft) of production facilities. These facts and figures unambiguously demonstrate the momentum of Benetti’s growth and Clients’ unrestrained confidence in the brand.

Lady Michelle measures 55.00 metres in length, with a max draft of 3.10 metres and a beam of 10.40 metres. She has a gross tonnage of 909 tonnes. She has a deck material of teak.

Lady Michelle has a steel hull with an aluminium superstructure.

Lady Michelle also features naval architecture by Benetti.

Performance and Capabilities

Lady Michelle has a top speed of 16.00 knots and a cruising speed of 14.00 knots. She is powered by a twin screw propulsion system.

Lady Michelle has a fuel capacity of 132,000 litres, and a water capacity of 22,500 litres.

She also has a range of 5,000 nautical miles.

Accommodation

Lady Michelle accommodates up to 12 guests in 6 cabins. She also houses room for up to 14 crew members.

Other Specifications

Lady Michelle is MCA compliant, her hull NB is FB 228.

Lady Michelle is a LR class yacht. She flies the flag of the Cayman Islands.

She is also fitted with a jacuzzi (on deck).

• Yacht Builder Benetti View profile
• Naval Architect Benetti View profile
• Exterior Designer Stefano Natucci No profile available
• Interior Designer Stefano Natucci No profile available

Yacht Specs

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How to charter a Below Deck superyacht

Want to know how much it would cost to charter one of the luxury superyachts featured on US hit TV series Below Deck ? We take a look inside Below Deck ’s famous superyachts that you can charter for yourself, and find out what they have to offer charter guests on board.

Northern Sun

The star yacht of Below Deck Down Under season two, the 50.8-metre Northern Sun (originally delivered as Hokko Maru ) has lived a full and fascinating life. She was the largest yacht built by Narasaki Shipbuilding at the time and worked as an ice-class research vessel, analysing marine life and ocean currents in the North Japan Sea. As a result, she has the hardy constitution of an explorer, transformed from ship to superyacht under the stewardship of her new owners.

Northern Sun’s main deck is now dedicated entirely to entertainment, from the al fresco dining area to the main saloon with its piano and games table. Other leisure highlights include gym equipment, a dedicated library on the lower deck and an outdoor Jacuzzi, surrounded by sun pads and lounge beds. The owners’ addition of a forward seating area during her refit allows for versatile recreation, whether the mood calls for cocktail parties or quiet, waterside contemplation. 

Accommodation is for up to 12 guests across six cabins, with rich, warm interiors that feature natural materials such as narra and makore wood (commonly known as cherry mahogany). The ex-explorer also – naturally – has impressive stowing capacity. She's able to carry two Laser sailboats, scuba-diving equipment, a waterski and a two-deck-high inflatable water slide, with the broker describing her as a "family-orientated" vessel. 

Charter cost: Northern Sun is managed for charter by Ocean Independence with a weekly charter rate starting from $161,700.

More about this yacht

Yachts for sale, yachts for charter.

60 metre Benetti motor yacht St David is the star of the tenth season of Below Deck, returning to the Caribbean with beloved Captain Lee. A finalist at the 2009 World Superyacht Awards , St David is a full-custom yacht with both interior and exterior design by British studio Winch Design .

She has made appearances at a number of high-profile events such as the Cannes Film Festival and has been spotted at various locations around the world including the Seychelles, Red Sea and Abu Dhabi. Accommodation is for 12 guests in six cabins, with a split-level master suite that lets in plenty of light.

A palatial theme characterises St David ’s social spaces, with features including a generous skylounge and a spiral staircase that leads through all three decks and is lit by a skylight in the spa pool of the sun deck. Elsewhere, St David has expansive water toy facilities and storage, including scuba dive gear, a new 7.2m tender, new Waverunners, and an electric foiling surfboard.

Charter cost: St David is managed by Morley Yachts with a weekly charter rate starting from €325,000.

The star of Below Deck Mediterranean season seven, 49.8 metre Home is the first “green” superyacht to appear on the show. Featuring a ground-breaking combination of a super-efficient Fast Displacement Hull Form by Van Oossanen Naval Architects with power provided by a hybrid propulsion system, Home boasts reduced emissions and fuel costs for the eco-conscious charter guest.

Defined by a distinctive vertical bow and large expanses of glass, Home was penned by Omega Architects and launched by Heesen in 2017. Her interiors, designed by Cristiano Gatto in a modern “Ibiza style”, can accommodate up to 12 guests in six cabins including a full-beam master cabin with a dedicated dressing room and a private office. There is also room for nine members of Below Deck crew on board, including Captain Sandy who has returned to the helm for the seventh season while Home is cruising the coasts of Malta .

The main socialising spot is up on the sundeck, complete with a Jacuzzi and sit-up bar, a shaded lounge and protection from the elements provided by glass screens. Closer to the water, a beach club with an air-conditioned gym is situated next to the swimming platform from which guests can launch the water toys including SeaBobs, Hoverboards, E-foils, Jet Skis and a Flyboard. Home also carries gear for scuba diving, waterskiing and wakesurfing for guests to make the most of their time on board.

Charter cost: Home is managed for charter by Burgess with a weekly charter rate starting from $245,000.

The Wellington

Actually named The Wellesley , this 56.2 metre Oceanco superyacht is owned by property magnate and hotelier Khalid Affara and named after his luxury art deco hotel in London. Delivered in 1993, The Wellesley features extended deck spaces and Donald Starkey -penned interiors that replicate the grandeur of the eponymous Knightsbridge hotel. Highlights on board include a waterfall jacuzzi, an outdoor cinema for movies under the stars and a unique private club-style lounge complete with a Winston Churchill inspired cigar room. 

Describing why she makes an excellent charter yacht, James Graham-Cloete, director of charter management from TWW Yachts , says that The Wellesley is “ideal for entertaining family and friends, or hosting corporate events in utter privacy,” thanks to the fact that she “boasts some of the largest open deck spaces of any 56 metre on the water.” Graham-Cloete also adds that, on The Wellesley , “guests are invited to experience the same exceptional personal service, fine dining and attention to detail that has become synonymous with the hotel, on board a private superyacht,” while being looking after by her 14 crew members. “The crew have one of the lowest turnover rates in the industry and one of the best charter records, along with a full-time masseuse on board- making her the ultimate charter yacht!” says Graham-Cloete.

Charter cost: The Wellesley is managed by TWW Yachts with a weekly charter rate starting from €230,000.

Talisman Maiton

Built in 2006 by Turquoise Yachts , with a refit in 2012, the 54.2 metre Talisman Maiton sailed the coasts of Italy in the third series of Below Deck Mediterranean and was also captained by Sandy Yawn. Key features include a generous open plan sun deck with a forward-facing Jacuzzi and bar, al fresco dining spaces and a gym. Inside, she features six individually styled cabins for her 12 guests – including a master suite with its own private office – complemented by a sumptuous interior inspired by a combination of Asian and Art Deco influences. Her toy box is filled with snorkelling and fishing gear, Jet Skis and more for guests to enjoy while on board.

Charter cost: Talisman Maiton is managed by Burgess with a weekly charter rate starting from €273,000.

The 47 metre Heesen -built superyacht Sirocco took centre stage in both the second and fourth series of Below Deck Mediterranean and introduced captain Sandy Yawn, who has become a returning cast member on the show. Launched in 2006 with a refit in 2013, Sirocco features a dark blue hull and was designed inside and out by Omega Architects . She accommodates up to 12 guests and nine crew and offers charterers an eight person Jacuzzi, a gym, plenty of al fresco entertainment areas and a well-stocked toy box comprising Jet Skis, a waterslide and gear for wakeboarding or waterskiing. Worth Avenue retail charter broker Shannon McCoy describes Sirocco as a “very, very popular charter yacht” and with her fleet of water toys and pedigree Heesen design, provides “an excellent platform for a great time at sea.”

Charter cost: Sirocco is managed for charter by Worth Avenue with a weekly charter rate starting from €195,000.

Parsifal III

Parsifal III has been the star of the sailing yacht spin off of Below Deck , captained by Glenn Shephard during filming. The 54 metre Perini Navi was launched in 2005 and was designed by Rémi Tessier . She was most recently refitted in 2020, and offers accommodation for a total of 12 guests and nine crew. Her design has seen her scoop a number of World Superyacht Awards and provides her with excellent performance capabilities at sea; when the weather is on your side, Parsifal III can hit speeds of up to 18 knots under sail. While at anchor, there is still plenty to keep guests entertained with a variety of al fresco and indoor dining spaces, a flybridge hot tub, gym equipment, a swimming platform and a fully-stocked toybox.

Charter cost: Parsifal III is managed for charter by Camper & Nicholsons with a weekly charter rate starting from €195,000.

This 46.88 metre Feadship yacht has so far starred in three seasons of Below Deck , filmed while cruising in the warm-weather destinations of the US Virgin Islands, Saint Martin and Thailand. Featured under the name Valor , she is actually called BG and is owned by Canadian entrepreneur Bobby Genovese . Delivered in 1990 to a design by Frits De Voogt ,  BG  can accommodate 12 guests and 11 crew members. On board highlights include her deck hot tub, on board gym and al fresco dining spaces. She also carries an extensive fleet of toys from Jet Skis and wakeboards to a climbing wall and inflatable slide. In 2021, BG  emerged from an extensive, multi-million dollar refit, with her owner detailing that “everything that could have been done to the boat, has been done”, from tech upgrades and new toys to a fresh lick of paint on her hull. “I love that boat, and the more boats I go on, the more I like my boat,” says Genovese.

Charter cost: BG is available to charter privately , POA.

Appearing under an alias, Eros –named after the Greek god of love - was actually called Mustang Sally during season three, which was filmed in the pristine waters of The Bahamas. Since airing in 2015, the 49.07 metre superyacht has been renamed Stay Salty . Built by Trinity Yachts in 2008 to a design by Geoff Van Aller , Stay Salty accommodates a total of 12 guests and 10 crew members on board. Inside, highlights include the split-level master with a private study and panoramic views, as well as a formal dining area and skylounge with a drinks bar. Above deck, viewers would have seen guests enjoying themselves in the hot tub and al fresco dining and lounge areas. Toys carried on board that charter guests made full use of during the show include Jet Skis, fishing equipment and a beach picnic set up. Powered by twin caterpillar engines, Stay Salty can reach a top speed of up to 20 knots.

Charter cost: Stay Salty is not currently available for charter, but in 2020 was sold by Denison Yachting with an asking price of $12,900,000.

This 50 metre Benetti superyacht kicked off the yachting TV show in style in July 2013. Captained by Lee Rosbach , she was based in the Caribbean isles during the filming of the first season. On Below Deck she was called Honor but in reality, her name is actually Barents . Delivered in 1999 to a design by Stefano Natucci , Barents just underwent an extensive full refit earlier in 2021 and can host up to 12 guests on board in six staterooms. Features viewers may have seen on the show include the stunning sun deck equipped with a hot tub, drinks bar and outdoor cinema, the additional indoor cinema, the beach club and the gym, as well as the extensive fleet of water toys such as Jet Skis and gear for wakeboarding, waterskiing, fishing and snorkelling.

Charter cost: Barents is not currently available for charter, though she was sold in 2020 for $9,900,000 by IYC and Worth Avenue Yachts to a buyer represented by Parsifal Yachting.

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Who Owns the Yachts On Below Deck? (Valor, Ohana, My Seanna)

The exclusive world of yacht ownership often includes a glamorous and affluent lifestyle. Many of the yacht owners boast impressive net worths, and the costs of these magnificent vessels can range from $10 million to over $50 million. Operating costs also vary significantly, often running into the hundreds of thousands of dollars per year.

A few notable owners of the yachts featured on Below Deck include Captain Lee Rosbach, Bobby Genovese, Kim Vibe-Petersen, Frank Zaccaria, Glenn McMahon, David Beran, and Trevor Lee. Some yachts have private owners who would like to remain anonymous.

In this article, you'll learn about some of the backgrounds and financial standings of the yacht owners, as well as the specifications and features that make each vessel unique. So, sit back and immerse yourself in the world of luxury yachting while discovering the people behind these incredible superyachts.

Largest Sailing Yachts in the World (with Price & Owners)

• The yachts featured on the show include Valor, Ohana, MY Seanna, Ionian Princess, Eros, Talisman Maiton, Parsifal III, Home, Lady Michelle, Wellington, Sirocco, St. David, Honor, Mercury, and Thalassa.
• The world of luxury yachts is often shrouded in exclusivity and privacy. In this article, we get to gain glimpses into this opulent lifestyle and appreciate the craftsmanship and extravagance of these magnificent vessels.
• The builders of some yachts include Admiral in Italy, Perini Navi, Heesen Yachts, Benetti, and Proteksan Turquoise.

Owners of Yachts on Below Deck

Here's a table listing the yachts featured on Below Deck, together with information about each one's owner and their net worth, the yacht's purchase price, and annual operating costs. Note that some numbers are estimates. Additionally, the current value of each yacht may have changed since it was first purchased.

2023 Below Deck Charter Cost: Ultimate Guide

You may consult an expert or yacht broker to get a more accurate cost estimate for a specific yacht. The operating costs of each yacht can vary based on a number of factors, including the size, age, and condition of the yacht, as well as the location of the yacht and the level of use.

Valor yacht is also known as BG Charade

The proud owner of this luxurious vessel is Canadian entrepreneur Bobby Genovese. Though his exact net worth is not public knowledge, Bobby has made a fortune through his successful ventures and investments.

Valor, a 46.88-meter Feadship yacht, has had quite the journey. Built in 1990 and refitted in 2015, Bobby acquired this beauty for a rumored $15,000,000 in that same year. This nearly 154-foot-long yacht can comfortably accommodate up to 12 guests and comes with a crew of 10 members.

When it comes to operating costs, you should be aware that renting Valor for your dream vacation will set you back a considerable amount. It is available for charter starting at $260,000 per week, excluding expenses. However, keep in mind that chartering this celebrity-favorite vessel will undoubtedly be a lavish and unforgettable experience.

Ohana is built by Admiral in Italy

The Ohana yacht, featured on Below Deck, is owned by Captain Lee Rosbach and his wife, Lisa. They reside in Fort Lauderdale, Florida, and have owned the yacht for over ten years. The couple has two children: a son and a daughter. While we don't have an exact number for their net worth, it is safe to assume that they are quite successful in the yachting industry.

Ohana is a 154-foot (47-meter) long motor yacht built by Admiral in Italy. The cost of the yacht might vary depending on its age, condition, and customization. However, yachts of similar size on the market may lie within the range of $20 million to $40 million. Keep in mind that these numbers are just an estimate; the actual price of Ohana may be different.

Operating a yacht like Ohana can be costly. Some of the annual expenses of maintaining and running a yacht of this size can include fuel, crew salaries, insurance, maintenance, dockage fees, and more. It is typically estimated that the annual operating cost falls between 10% and 15% of the yacht's purchase price. For Ohana, this would mean an operating cost in the ballpark of $2 million to $6 million per year.

Your luxurious vacation on the MY Seanna

The owner of MY Seanna is an entity called Seanna Yacht Holdings LLC, and the net worth of the company is not publicly known. The estimated purchase cost of the yacht is $45 million, and the estimated annual operating cost is $2.5 million to $3 million.

MY Seanna is a 164-foot-long vessel, will come at a pretty penny. The yacht is available for charter at a starting price of $260,000 per week. Keep in mind that this cost doesn't include expenses, which means you'll need to budget for additional costs during your adventure.

Exact 2023 Cost To Charter My Seanna from Below Deck

Operating costs for a yacht like MY Seanna can be quite significant, but exact figures are tough to come by. While we don't have specific details for this particular yacht, you should be aware that operating costs typically include fuel, maintenance, insurance, crew salaries, and provisions. These expenses can add up quickly, so it's essential to be aware of them when planning your luxurious getaway.

Ionian Princess is a majestic yacht

The owner of the Ionian Princess, a 182-foot-long vessel, prefers to keep their identity private. While the exact net worth of the owner is not publicly available, you can assume they have a substantial fortune considering the yacht's impressive features and the costs associated with yacht ownership.

As you admire the Ionian Princess, it's natural to wonder about its price tag. Built in 2006 and last refitted in 2021, this luxurious yacht has a base price of $495,000 per week for charters. Featuring an exquisite interior designed by Pavlik Design Team and an exterior crafted by Setzer Design Group, this vessel is a true work of art.

Owning a yacht like the Ionian Princess comes with considerable operating costs. These expenses include crew salaries, insurance, maintenance, fuel, docking fees, and additional services such as food and beverage provisions. While exact operational costs might vary, owning a yacht of this caliber can cost millions annually.

Eros yacht had its moment in the limelight during Season 3 of Below Deck

The Eros yacht was renamed for the TV show, but its actual name is Mustang Sally. Although its owner is not directly mentioned, we do know it's a luxurious vessel available for charter . That said, it is not easy to estimate the net worth of the owner. If you're curious about other yacht owners from the show, consider Bobby Genovese, the owner of the Valor yacht. He is a successful entrepreneur with a net worth of around $200 million.

While the exact purchase price of the Eros is not publicly available, similar yachts of the same size and age have been known to cost tens of millions of dollars. For example, the Valor yacht costs around $15,000,000. Keep in mind that yacht prices can vary widely based on factors such as age, brand, customizations, and maintenance history.

Operating a yacht like Eros incurs significant expenses. The average annual costs can be roughly divided as follows:

Crew salaries : This is usually the largest expense, accounting for about 50% of the total operating cost. Expect to pay anywhere from $100,000 to $200,000 per year for a full-time crew.

Maintenance and repairs : Depending on the yacht's age and condition, this can be around 10–20% of the total operating cost.

Dockage and storage fees : These can vary depending on the location and marina services, accounting for about 10–15% of the operating costs.

Fuel : Fuel expenses can be quite significant, as yachts like Eros consume large amounts of fuel. This can be around 10–15% of the total operating cost.

Insurance : Yacht insurance costs depend on the vessel's value, with estimates ranging from 1–3% of the yacht's value annually. Given these factors, the annual operating cost of a yacht like Eros could be around 10% of its value.

Talisman Maiton was featured in Below Deck Mediterranean's third season

The owners of Talisman Maiton are the Pears Brothers, British businessmen and philanthropists with an estimated net worth of $3 billion. Talisman Maiton is a 177-foot luxury yacht that was built in 2006 by Proteksan Turquoise and underwent a major refit in 2017.

Talisman Maiton is an impressive superyacht that boasts a spacious sun deck, an eclectically styled interior with Art Deco features, and numerous amenities to ensure the comfort of its guests. As a result, you can expect the yacht's cost to be quite considerable. To charter this beauty for a week, it is estimated that you'll need to pay around €231,000 during the low season and €266,000 in the high season.

Operational costs for a superyacht such as Talisman Maiton can be quite substantial. It's essential to consider the cost of fuel, maintenance, insurance, and crew salaries. While exact figures for Talisman Maiton are not available, yachts of a similar caliber could incur operating costs in the ballpark of $1–3 million per year. This estimate is based on several factors, such as the size and age of the vessel and its intended use (whether for private or commercial charter purposes).

2023 Cost Of Mediterranean Yacht (As Seen On Below Deck

Parsifal III was built by Perini Navi

The Parsifal III is currently owned by Danish entrepreneur Kim Vibe-Petersen. Kim is the CEO of the firm Scanomat, which designs automatic coffee brewers and coffee machines. His estimated net worth is $200 million. Vibe-Petersen's successful business ventures suggest that he is quite wealthy.

Parsifal III is a 54-meter (177-foot) sailing yacht built in 2005 by Perini Navi. While the exact cost of this luxury yacht is not disclosed, similar yachts built by Perini Navi in the same size range can cost upwards of $20 million.

Operating costs for a yacht like Parsifal III vary based on several factors, such as maintenance, crew, and fuel expenses. In general, the annual operating cost of a yacht can be estimated at around 10% of the yacht's value. Based on this estimate and the potential $20 million cost of Parsifal III, you can expect an annual operating cost of approximately $2 million.

2023 Cost To Charter Parsifal III from Below Deck

To help you better understand the expenses involved, here's a breakdown of typical operating costs:

Crew wages : Yachts of this size typically require a professional crew of 7 to 10 members. The total annual cost for a crew can range from $300,000 to $500,000.

Maintenance : Regular maintenance, including annual haul-outs, paint jobs, and system upkeep, is necessary to keep the yacht in top condition. These costs can come in at around $200,000 to $400,000 per year.

Fuel : Depending on the yacht's engine, fuel consumption, and usage, annual fuel costs can range between $100,000 and $300,000.

Insurance : Yacht insurance premiums can be significant, with costs varying based on the value and specifics of your yacht. Expect to pay around $100,000 to $200,000 per year for insurance on a yacht of this caliber.

Dockage and other fees : Dockage fees, as well as other expenses such as customs fees, taxes, and permits, can also contribute to your annual operating costs. These can vary greatly depending on where and how frequently you use your yacht, but might add up to around $100,000 to $200,000 per year.

Home was custom-built by Heesen Yachts

The yacht Home, featured on Below Deck, is owned by an American entrepreneur named Frank Zaccaria. Frank has made a fortune in various industries, including real estate development, construction, and luxury yachting. As a result, it's estimated that his net worth is around $200 million.

Home is a stunning 164-foot yacht that was custom-built by Heesen Yachts in 2017. As a state-of-the-art vessel, it boasts impressive eco-friendly features like an energy-efficient power system and extensive noise and vibration reduction. When it comes to pricing, the yacht Home is valued at around $34 million.

When it comes to enjoying a luxurious lifestyle aboard a superyacht like Home, there are significant operating costs to consider. Some of the expenses you'll need to account for include fuel, crew salaries, maintenance, and insurance. Typically, for a yacht of Home's size and caliber, annual operating costs can range from $3 million to $5 million.

Here's a breakdown of the key operating costs:

Fuel : With a large tank capacity of 30,000 liters and an approximate consumption of 1,000 liters per hour, fuel expenses can add up quickly. At cruising speed, Home can travel up to 4,500 nautical miles.

Crew Salaries : For a yacht like Home, a professional crew of around 12 members would be required. Salaries for these crew members can range from $60,000 to $120,000 per year, depending on their position and experience.

Maintenance : Annual maintenance costs for Home can vary, but they generally hover around 2-5% of the yacht's value. This includes tasks such as cleaning, painting, and repairing any wear and tear.

Insurance : Yacht insurance premiums depend on various factors, but for a yacht like Home, it could cost between $100,000 and $300,000 per year.

Lady Michelle was built by Benetti

The owner of Lady Michelle is Mike Fernandez, who is a successful businessman and philanthropist with an estimated net worth of $500 million. Lady Michelle was built in 2007 and underwent a major refit in 2019. The yacht is available for charter and has been featured on the Below Deck franchise.

The Lady Michelle yacht is an exquisite vessel that combines elegance and grandeur, ensuring your sailing experience is lavish and unforgettable. Built by the reputable Benetti shipyard, this 164-foot superyacht boasts remarkable features and amenities. Though the exact cost of Lady Michelle is not publicly available, similar yachts built by Benetti can range between $20 and $40 million, depending on the level of customization and amenities.

Operating a superyacht like Lady Michelle can be quite expensive. Generally speaking, the annual operating costs of a yacht can amount to approximately 10% of its purchase price. For Lady Michelle, these costs might include crew salaries, maintenance and repairs, insurance and port fees, fuel, and provisions.

Considering the estimated value of Lady Michelle, you can expect the annual operating expenses to be in the range of $2 to $4 million. Keep in mind that this is a rough estimation, as operating costs will vary depending on usage and maintenance requirements.

The Wellington is also known as M/Y Wellesley

The owner of this magnificent vessel prefers to remain anonymous, which is quite common in the world of yachting. However, estimates suggest that the owner's net worth is in the multi-million-dollar range, considering the value and upkeep of the yacht.

The Wellington yacht is nothing short of breathtaking with its sleek design and luxurious amenities. To give you an idea of its value, the cost to rent the yacht for summer charters starts at €230,000, or $273,500 per week. For winter charters, the price slightly decreases to €220,000 or $259,500 per week. It's worth mentioning that these prices are exclusive of expenses, making it quite an investment for anyone looking to experience life on The Wellington firsthand.

Operating a yacht like The Wellington is an expensive undertaking. Although the exact operating costs are difficult to calculate without knowledge of the crew size, maintenance needs, and fuel consumption, estimates suggest that operating costs for a yacht of this caliber can range from 10% to 20% of the yacht's value per year. This includes expenses such as fuel, insurance, dock fees, crew wages, and maintenance and repairs.

Sirocco was built by Heesen Yachts

Sirocco, one of the stunning yachts featured on Below Deck Mediterranean , is owned by Glenn McMahon. Glenn has an estimated net worth of around $200 million. His wealth comes from various successful business ventures and investments. More information about Glenn can be found here.

Built in 2006 by the respected Heesen Yachts, Sirocco measures 154 feet in length. This luxurious vessel features six cabins that can comfortably accommodate up to 12 guests. If you're wondering about the cost of this masterpiece, Sirocco has an estimated value of around $18 million. Check out more details about the yacht here.

Operating a yacht like Sirocco comes with significant expenses. On average, you can expect to spend around 10% of the yacht's total value per year on operating costs. This includes crew salaries, maintenance, fuel, insurance, and other associated expenses. For Sirocco, this means you're looking at an annual operating cost of approximately $1.8 million. Keep in mind that these costs can vary depending on how frequently the yacht is used, and where it's cruising. Find more information on yacht operating costs here.

St David was built by Benetti

The magnificent St. David is owned by Czech millionaire David Beran, who was born on September 26, 1967. Beran is the founder of the Profireal Group, one of the largest financial companies in Czechia. He has a glamorous wife, Terezia Dobrovolna, a Czech model. Together, they enjoy the opulence and prestige that the yacht offers. Although his precise net worth isn't publicly disclosed, it's evident that he has amassed a significant fortune to own such a luxurious yacht.

St. David is a 60-meter (197ft) superyacht delivered in 2008 by the renowned Italian shipyard Benetti. It boasts a stunning, supercar-inspired profile that instantly draws attention wherever it goes. Since the yacht is fully customized, featuring interior and exterior designs by the British studio Winch Design, the exact cost of building St. David may vary. However, given the details and the typical market value of similar luxury yachts, it's safe to say that it has a value of around $35 million.

As an owner of St. David, you would likely need to cover costs such as fuel, maintenance, crew salaries, insurance, and various provisions for guests. Generally, it's estimated that maintaining a superyacht can cost between 10% and 20% of the yacht's value annually. So, given the approximate $35 million worth of St. David, you could expect to spend around $3.5 million to $7 million per year to keep this striking vessel in tip-top shape, and provide the lavish experience that it's known for.

Honor is also known as Lumiere

Honor was the yacht featured in the first season of Below Deck. The Italian-made luxury yacht's owner remains undisclosed, but it's known that the yacht has a history under the names Barents, Sotavento, Cuor di Leone, and Lionheart. While the exact net worth of the owner is not available, you can assume that they have significant wealth, as owning and maintaining a yacht of this caliber typically requires considerable financial resources.

While purchasing a yacht like Honor or Lumiere can vary in cost depending on factors such as age, condition, and manufacturer, the price can generally range from around $10 million to $20 million or more. To obtain a more accurate cost estimate for an individual yacht, it's essential to consult an expert or yacht broker.

You can expect to spend around 10% of the yacht's value annually on operating expenses. These expenses might include crew salaries, fuel, insurance, maintenance and repairs, dockage fees, and food and provisions for guests. If Honor is valued at $15 million, the annual operating costs could amount to approximately $1.5 million. However, these costs will vary depending on the specific yacht, its usage, and other circumstances.

Mercury cruises through the breathtaking Norwegian fjords

The charter superyacht Mercury is an impressive vessel exploring the majestic Norwegian fjords. Unfortunately, the specific owner's name and net worth are not publicly disclosed. However, you can assume that they likely have significant wealth, as owning and operating a superyacht is no small feat and is typically reserved for the wealthy.

The cost of buying a superyacht like Mercury can vary greatly depending on its size, features, and overall luxury. While the exact cost of Mercury is not publicly available, superyachts can range in price from tens of millions to hundreds of millions of dollars. It's safe to assume that Mercury's price tag lies within those ranges, given its appearance on the popular reality show.

Operating costs for a superyacht like Mercury can also vary widely. Some of the typical costs include:

Fuel : Superyachts can consume huge amounts of fuel, leading to daily expenses in the thousands.

Crew salaries : A superyacht typically employs a full-time crew to maintain and operate the vessel, with salaries depending on the crew member's role and experience.

Maintenance : Regular maintenance, refits, and repairs are essential for keeping a superyacht in top condition, and these costs can add up quickly.

Docking fees : Finding space to dock a large vessel like Mercury can be expensive, especially in sought-after locations.

To give you a general idea, annual operating costs for a superyacht usually amount to about 10% of the vessel's initial purchase price. Keep in mind that every yacht will have unique expenses depending on various factors, so this estimation might not reflect Mercury's exact operating cost.

Thalassa is also known as Keri Lee III

Thalassa is owned by Australian businessman Trevor Lee and his wife, fashion designer Keri Craig-Lee. Their combined estimated net worth is not publicly available, but they have successfully made careers in both the business and fashion sectors. Keri is a renowned fashion designer in Australia, having established her eponymous label, Keri Craig.

The cost of the Thalassa or Keri Lee III is not disclosed, but luxury superyachts of similar size typically cost tens of millions of dollars. For a comparison, the St. David, a yacht featured in season 10 of Below Deck, has a sales price of around $20.6 million.

Generally, it is estimated that the annual operating cost for a yacht is around 10% of its initial purchase price. For a yacht like Thalassa or Keri Lee III, these costs could include crew salaries, ongoing maintenance, fuel, food, and insurance expenses. Please note that specific operational costs for Thalassa or Keri Lee III are not publicly available, and this is a general estimation based on industry standards.

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Below Deck Mediterranean season 6 in Croatia onboard luxury yacht LADY MICHELLE

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By Nina Done   28 May 2021

Set to premiere on 28 June, the successful Bravo franchise is back and bigger than ever promising compelling viewing as we follow the latest antics of charter guests and crew onboard the 180-foot Benetti  motor yacht LADY MICHELLE ; from a major storm, heated hot tub blow-up and a fire in the galley to a wedding, several drunken hookups and some serious twerking; sit back and enjoy the fireworks.  

Below Deck Mediterranean Season 6 marks the return of Captain Sandy and newly single Bosun Malia to the stunning location of Croatia, along with a brand new crew, including chief stewardess Katie Flood and Chef Mathew Shea.  

Bravo recently granted viewers with their first teaser trailer of the new series, which showcases high drama and wild crew shenanigans, including a novel use for the crew mess’s Lazy Susan, as well as plenty of tears and tantrums. 

Bravo has also promised “a shocking franchise first” before the opening charter, plus a return of guest Roy Orbison Jr, all taking place onboard the elegant charter yacht LADY MICHELLE. This Benetti motor yacht can accommodate 12 guests in her 6 luxuriously appointed suites, and is capable of carrying up to 12 crew members, making her the ideal size vessel for all the usual Below Deck antics on a yacht charter !

Binge-watch every Below Deck episode on the Bravo app, or catch up on  Below Deck Mediterranean seasons 1-5 streaming now on Peacock.

Yacht charters around Croatia

With long stretches of glorious coastline and endless idyllic islands, Croatia is fast becoming one of the most popular yacht charter destinations for summer. Steeped in a rich cultural history, Croatia boasts an abundance of archeological treasures and ancient architecture, with some relics dating back to 3,000BC. 

Enjoying a warm Mediterranean climate, beautiful clear waters, secluded golden beaches and tucked away coves there is so much to enjoy on a luxury yacht charter around this enchanting East Mediterranean destination.

Interested in booking a luxury yacht charter?

To find out more about chartering in the region, check out our in-depth East Mediterranean yacht charter guide for more information.

If you'd like to learn more about chartering M/Y Lady Michelle , please get in touch with your chosen yacht charter broker . 

Featured yachts available for charter in East Mediterranean

55m Benetti 2003 / 2022

56m Feadship 1983 / 2021

56m Elsflether Werft 2004 / 2017

55m Admiral Yachts 2020

55m Amels 2013 / 2024

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RAINBOW Trinity Yachts

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S/Y RAINBOW Available For Yacht Charter ...

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OCEANOS | From US$ 225,000/wk

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If you have any questions about the RAINBOW information page below please contact us .

Trinity Yachts have designed the 49m (161’) RAINBOW (ex Lady Michelle) to be a modern open plan yacht with large exterior common areas. Her interior was designed by Dee Robinson.

Some of the comprehensive list of extras this impressive Trinity Yachts ship has includes Quantum "Zero Speed" (At Anchor) Stabilizers, a great comfortable seating area forward of the Wheelhouse ans a CCTV system, including an underwater camera.

RAINBOW (ex Lady Michelle) offers a light and airy feeling in the interior as created with the open plan main salon and dining room. Forward is a large formal dining table for 10 guests, while the aft section is devoted to comfortable living with ample seating and a full entertainment / Sat-TV system. A guest desk with laptop computer & internet access can be found aft to starboard, and a small wet bar opposite to port.

M/Y RAINBOW (ex Lady Michelle) also provides a large sundeck, sporting an enormous sun pad, hot tub, large wet bar area, BBQ, Sat-TV, enclosed day head, exercise equipment and dining seating for 10.

RAINBOW Specifications

Her sky lounge has a warm and welcoming setting, featuring a surround sound theatre system utilizing a 60” drop-down plasma TV with CD, DVD & Sat-TV. There is a day head off to port and the media room to starboard. The sky lounge opens out onto a huge covered upper aft deck through two electric sliding doors.

Adjacent is the media room as fitted with a 40” plasma TV with CD, DVD, Blue Ray, Sat-TV & Playstation 3. The room also has pull out bed and can be converted to additional accommodations for children or staff, and a full en-suite bathroom. Her Upper Aft Deck features formal dining for 12 guests, ample casual seating, as well as Sat-TV. There is also comfortable seating area forward of the Wheelhouse.

Yacht Accommodation

This luxury Trinity yacht offers the following guest accommodation: Master Stateroom: (Main Deck Full-beam) King size bed, casual sitting area, study, walk-in closets, ensuite bath with cast iron hottub. TV/DVD/CD/Sat TV. VIP Stateroom: (Stbd Aft) King size bed, vanity/desk, ensuite bath with shower & sitz bath. TV/DVD/CD/Sat TV. Guest Stateroom: King size bed, ensuite bath, vanity, desk. TV/DVD/CD/Sat TV. Guest Stateroom: King size bed, ensuite bath, vanity, desk. TV/DVD/CD/Sat TV. Guest Stateroom: Twin beds, ensuite bath, vanity, desk. TV/DVD/CD/Sat TV. (Note: All 4 guest staterooms are of equal size. The only difference is that the VIP features a sits bath/shower.)

Amenities and Extras

Trinity motor yacht RAINBOW offers a full range of tenders & Toys, communication and entertainment facilities. Please enquire for full details.

RAINBOW Disclaimer:

The luxury yacht RAINBOW displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.

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"Peerless in design, craftsmanship, and performance, Trinity Yachts has gained recognition as one of the world's elite builders of custom super yachts in the United States. While most super yachts are constructed on a semi-custom basis, Trinity provides customers the ability to build a truly custom yacht to any design in any size up to 400 feet that rightfully fulfills their unique yachting desires."

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