MailOnline US - news, sport, celebrity, science and health stories

  • Latest Headlines
  • Destinations
  • Holiday Types
  • Expert Reviews
  • Mail Travel
  • Celebrity Travel

new york yacht club net worth

Stepping inside the super-exclusive New York Yacht Club where the America's Cup race started - complete with a 25ft tall fireplace, an original Tiffany glass ceiling and $150,000 joining fee

  • The New York Yacht Club at 37 W 44th St formally opened its doors on January 19, 1901
  • It was designed Whitney Warren of Warren and Wetmore, who later masterminded Grand Central Terminal
  • Standout features include a dining room designed to look like a ship's hold and a library with 13,000 books 

By Sadie Whitelocks For Dailymail.com

Published: 12:33 EDT, 24 November 2023 | Updated: 13:02 EDT, 24 November 2023

View comments

Standing 25ft high and 15ft wide, the 25-ton stone fireplace at the super-exclusive New York Yacht Club is certainly a sight to behold and I felt dwarfed by the structure as I stood close to the flame-licked hearth.

This design marvel was just one of the many jaw-dropping features I spied during a private tour of the Midtown members-only club, which formally opened its doors on January 19, 1901.   

Tucked away from the throng of Times Square on 37 W 44th St, the six-story Beaux-Arts clubhouse was purpose built by yachtsman and banker John Pierpont Morgan to accommodate the organization's burgeoning fleet of members. 

Thanks to regular maintenance, the building looks shipshape, with some of the standout features - along with the 'Model Room' fireplace - being a stunning Tiffany stained-glass ceiling, a 64ft by 19-ft Oriental rug, a grill room designed to look like the hold of an old sailing ship, and a library containing more than 13,000 books and antique manuscripts.

Standing 25ft high and 15ft wide, the 25-ton stone fireplace at the super exclusive New York Yacht Club is certainly a sight to behold. Above it, there is a magnificent stained-glass Tiffany ceiling

Standing 25ft high and 15ft wide, the 25-ton stone fireplace at the super exclusive New York Yacht Club is certainly a sight to behold. Above it, there is a magnificent stained-glass Tiffany ceiling

Tucked away from the throng of Times Square on 37 W 44th St, the six-story Beaux-Arts clubhouse was purpose built by yachtsman and banker John Pierpont Morgan to accommodate the organization's fleet of members

Tucked away from the throng of Times Square on 37 W 44th St, the six-story Beaux-Arts clubhouse was purpose built by yachtsman and banker John Pierpont Morgan to accommodate the organization's fleet of members

Before the 44th St clubhouse was built, the New York Yacht Club had a number of outposts in the wider area. The first clubhouse opened one year after the club was founded on July 15, 1845

Before the 44th St clubhouse was built, the New York Yacht Club had a number of outposts in the wider area. The first clubhouse opened one year after the club was founded on July 15, 1845

Thanks to its eye-catching and unique ship-like design, the exterior of the 44th St building was designated as a landmark by the City of New York Landmarks Preservation Commission on September 11, 1979

Thanks to its eye-catching and unique ship-like design, the exterior of the 44th St building was designated as a landmark by the City of New York Landmarks Preservation Commission on September 11, 1979

It was a Wednesday night and the downstairs bar area was buzzing with members - mostly men in smart suits - with an oyster shucker dishing out rounds of fresh mollusks and a suited waiter taking drink orders. 

In keeping with the maritime theme, every way I turned, I caught sight of something sailing related, with model boats lining the walls and paintings depicting wave swept scenes.

As I put my glass down on the table, I noticed that even the paper napkins featured a design with boats and an anchor on, along with the club's motto Latin motto 'nos agimur tumidis velis' - 'we go with swelling sails.'

Other sailing motifs, I noticed, are part of the building's brick and mortar design.

For example, three bulbous bay windows at the front of the building were modeled after the sterns of 16th century Dutch ships and there are various carvings on the premises running from the cornicing to the fireplace surround depicting seaweed, shells, dolphins, lightning bolts, stars and more.

The characterful property was designed Whitney Warren of Warren and Wetmore, who later masterminded Grand Central Terminal. 

In a video tour of the clubhouse uploaded to YouTube , narrator and pro sailor Gary Jobson explains that while there were several architects in the running for the project, John Pierpont Morgan preferred Warren's 'much more whimsical design.'

To help finance the construction of the city clubhouse, members dues were raised from $25 per year to $50. 

Today, according to  ncesc.com , regular membership is a little pricier, with an initiation fee of $150,000 and annual dues of $12,000.

Along with having a buoyant bank balance, perspective members must be nominated by an existing member, with this nomination supported by at least four other members.

The membership committee will then invite the nominee to submit an application along with letters of recommendation outlining their qualifications. 

In terms of the benefits of becoming a member, ncesc.com explains that the perks include 'access to the club's facilities, which include dining rooms, bars, meeting rooms, and sailing centers.'

'Members also have access to the club's extensive library, archives, and art collection. In addition, the club organizes numerous social events throughout the year, including regattas, dinners, and receptions.'

In Jobson's video tour, he also reveals that there are 19 'comfortable bedrooms for members and their guests,' which can be booked out at a discounted rate. 

Before visiting the club, we were warned that business attire must be worn, with a tie, jacket and collared shirt for men, and a suit or a smart dress for women. 

The paper napkins in the dining room feature a design with boats and an anchor on, along with the club's motto Latin motto 'nos agimur tumidis velis' - 'we go with swelling sails'

The paper napkins in the dining room feature a design with boats and an anchor on, along with the club's motto Latin motto 'nos agimur tumidis velis' - 'we go with swelling sails'

An exterior shot of the characterful clubhouse taken in 1934. It looks much the same today

An exterior shot of the characterful clubhouse taken in 1934. It looks much the same today

The library within the Manhattan clubhouse contains more than 13,000 books and antique manuscripts

The library within the Manhattan clubhouse contains more than 13,000 books and antique manuscripts

One of the club's unique features is a grill room, designed to look like the hold of an old sailing ship

One of the club's unique features is a grill room, designed to look like the hold of an old sailing ship

Certainly one of the club's standout spaces is the cavernous Model Room, which can comfortably accommodate more than 300 people with 3,800 square feet to play with

Certainly one of the club's standout spaces is the cavernous Model Room, which can comfortably accommodate more than 300 people with 3,800 square feet to play with

The space is home to 1,340 scaled replicas of sail boats, with the earliest model dating to 1819

The space is home to 1,340 scaled replicas of sail boats, with the earliest model dating to 1819

If you can't stretch to club membership or don't have the right qualifications to join, the New York Yacht Club runs public tours on the last Tuesday of each month

If you can't stretch to club membership or don't have the right qualifications to join, the New York Yacht Club runs public tours on the last Tuesday of each month

Certainly one of the club's standout spaces is the cavernous Model Room, which can comfortably accommodate more than 300 people with 3,800 square feet to play with. 

Along with the fireplace, the space is home to 1,340 scaled replicas of sail boats displayed in large glass cases, with the earliest model dating to 1819.

One of the star vessels is a mini version of the 'America,' which was responsible for the start of the America's Cup. 

On August 22, 1851, the full-size 101-foot schooner, built by New York Yacht Club commodore and founder John Cox Stevens, raced against 15 English yachts from the UK's Royal Yacht Squadron in an annual race known as the '100 Guinea Cup,' which involved a lap of the Isle of Wight. 

The visiting America won, finishing eight minutes ahead of its closest rival, and the trophy was renamed in its honor and donated to the New York Yacht Club.

An accompanying 'Deed of Gift' stipulated that the cup should be held in trust as a perpetual challenge trophy and so the America's Cup race was born. 

Today it takes place every four years as a two-yacht race, fought between the previous year's winner - known as the 'defender' - and a challenger, which is usually the best boat from a series of run-off rounds. 

Before the 44th St clubhouse was built, the New York Yacht Club had a number of outposts in the wider area.

The first clubhouse opened one year after the club was founded on July 15, 1845.

The club's website notes that this location was was a one-room Gothic Revival building designed by 'noted' architect A. J. Davis, on land owned by Commodore John Cox Stevens in Hoboken, New Jersey.

Over the next half century, the club went on to occupy four additional clubhouses: two in Manhattan and two on Staten Island and it also maintained 11 'stations' at one point.

These 'stations' came in the form of smaller buildings and landings where 'members and friends could rendezvous, send a letter or make a telephone call.'

Now, along with the 44 St property, the club only has one other outpost, with this located next the water in Newport, Rhode Island. 

Thanks to its eye-catching and unique ship-like design, the exterior of the 44th St building was designated as a landmark by the City of New York Landmarks Preservation Commission on September 11, 1979.

If you can't stretch to club membership or don't have the right qualifications to join, the New York Yacht Club runs public tours on the last Tuesday of each month. And after paying a visit myself, it's a voyage well worth making. 

Share or comment on this article: Stepping inside the super-exclusive New York Yacht Club where the America's Cup race started - complete with a 25ft tall fireplace, an original Tiffany glass ceiling and $150,000 joining fee

  • Back to top

Published by Associated Newspapers Ltd

Part of the Daily Mail, The Mail on Sunday & Metro Media Group

Cookie regulation logo

Is New Money Changing High Society's Favorite Summer Destination Forever?

Inside the billionaires' battle for the soul of Newport, Rhode Island.

newport rhode island

Every item on this page was chosen by a Town & Country editor. We may earn commission on some of the items you choose to buy.

Ellison has spent more than $100 million to renovate Beechwood and create a museum to house part of his art collection. He has had security guards posted at the construction site 24/7, according to a neighbor. So, with a mix of eager anticipation and worried trepidation, locals wondered if this would be the summer that Ellison would finally put down roots in town and bring his 288-foot yacht, Mushashi , to Newport harbor.

rebels with a cause gala 2019

Ellison’s arrival in Newport coincides with two other famous faces buying property in the area: “Judge Judy” Sheindlin and comedian Jay Leno. In 2019, Sheindlin purchased the Bird House for $9 million . The estate was previously owned by Campbell’s Soup heiress Dorrance "Dodo" Hamilton. Leno, meanwhile, paid $13.5 million for Seafair in 2017 . The crescent-shaped, 15,861-square-foot home on Ocean Drive played host to President Barack Obama when he attended a Newport fundraiser in 2014.

And while the so-called nouveau riche have been buying and building estates in Newport since the Gilded Age (memorialized in an upcoming HBO series from Downton Abbey creator Julian Fellowes ), insiders say the current influx of wealth—spurred on by the recent pandemic—has many wondering whether Newport is heading the way of the Hamptons.

“The money has been going out of the traditional families in Newport for a long time,” says photographer Nick Mele, who has been called a modern-day Slim Aarons. “The new generation are not able to sustain the lifestyles that their parents were able to.” He knows from experience. Following the 2018 death of Mele’s grandmother Marion “Oatsie” Charles, the noted Newport and Georgetown society figure, his family decided to sell her former house. Located on six acres, Land’s End had previously been Edith Wharton’s summer home, and it was listed for $11.7 million in 2019. The house sold for $8.6 million in April 2020 . The new buyers were identified in the Wall Street Journal simply as “a family from Connecticut who had previously spent summers in the Newport area.”

newport rhode island

“Anytime you get an old community that has had the same families in it for generations, you do get a sense of a sense of encroachment (‘this is our town’), but I think it’s just as much a sadness that the money is not in those families any more than it is that these new people are coming in, because there’s really no choice,” Mele says. “You see fewer and fewer of these iconic properties that we grew up in staying in the families of our friends, but that’s no one’s fault but our own.”

He added that while the properties might not be expensive compared to destinations like the Hamptons, real estate taxes are incredibly high in Newport, and many of the old houses, especially those along the oceanfront, require a significant amount of upkeep.

How Newport Became Newport

David Ray, who owns the legendary Clarke Cooke House, remembers when the U.S. Navy announced in 1973 that it was pulling its Atlantic destroyer fleet out of Newport. “It totally changed the town, because it was a white-hat sailing town,” Ray says.

ted turner on his yacht courageous

Ray moved the Clarke Cooke House building to its current location in 1973 and bought Bannister’s Wharf, on which it sits, in 1975. In 1976, tall ships arrived in Narragansett Bay and paraded under the Newport Bridge as part of a July 4 celebration for the Bicentennial . “The town got a tremendous amount of publicity—there were tens of thousands of people walking up and down this wharf,” Ray says. Prince Philip and Queen Elizabeth II visited around that time too.

The following year, Ted Turner won the America’s Cup in Newport Harbor. “That’s what really started putting Newport on the map—the tall ships and the America’s Cup, big events year after year,” Ray says. “Up until that point in time, nobody came here. There was no tourist business—zero.”

Ray says that the number-one ingredient that separates Newport from any other resort town in America is its deep-water harbor. It was a deciding factor in the New York Yacht Club’s purchase of Harbour Court as an outpost for the club in the late 1980s. A sailor and former owner of the Newport Shipyard, Charlie Dana was involved in the yacht club's purchase of the former Brown (of Brown University) family home. Dana and Ray, along with a cadre of other NYYC members, joined an initiative spurred on by Charles A. Robertson and Commodore Robert G. Stone, Jr. to purchase Harbour Court from the Brown family in 1987. The striking house on a hill overlooking the harbor, which was completed in 1906, was sold to the club the following year for $4.5 million .

harold vanderbilt at wheel

“Newport was sort of dying on the vine,” Dana says, “and the summer of ’77 was a big deal because Ted Turner brought a lot of attention to the America’s Cup and to Newport.”

“Like many places, it was centered around club life, and people wouldn’t buy house unless they could get into Bailey’s Beach,” he says, referring to the exclusive beach club officially named the Spouting Rock Beach Association. Having the New York Yacht Club open a clubhouse in town “did huge things for Newport because all of a sudden the boat people came.”

Wharfs like Bowen’s Wharf and Bannister’s Wharf, where the culinary institution The Clarke Cooke House is located, began to fill up, Dana says, and life ceased to revolve exclusively around Bailey’s Beach.

doris duke about to enter her bathhouse

Doris Duke’s actions after the famous automobile accident in which she was involved are another reason Newport gained national prominence, especially for its architecture. In the days following the 1966 car accident that killed her interior designer friend Eduardo Tirella under suspicious circumstances ( Duke was at the wheel of the car that fatally crushed him against the gate of her estate, Rough Point, after he got out to open it ), the tobacco heiress reportedly donated $25,000 to restore the Cliff Walk and $10,000 to Newport Hospital. A few months later, she established the Newport Restoration Foundation , which has renovated more than 80 Colonial-era buildings in Newport and neighboring Middletown.

“Until her death in 1993, saving Newport’s colonial architectural heritage would remain a singular philanthropic focus” for Duke, her biography on the Restoration Foundation’s website states. There is no mention of the accident—or any deal Duke may have struck with local authorities that resulted in the police chief at the time calling it an “unfortunate accident” and declaring, “There is no cause to prefer charges against Miss Duke and as far as this department is concerned this case is closed.”

That changed in early August, however, when the only known eyewitness came forward and spoke with the author of a recently released book about Tirella’s death, Homicide at Rough Point . Bob Walker was a 13-year-old paperboy intending to deliver a newspaper when he biked up to 680 Bellevue Avenue on the afternoon on October 7, 1966.

doris duke''s newport summer home

“I initially heard the argument and screaming of two people,” Walker told the book’s author, Peter Lance, according to Vanity Fair . “The arguing stopped for a couple of seconds, and the next thing I heard was the roar of a motor, the crash, and the screaming of a man.”

Walker, who is now 68 and a former Marine, told Lance that he approached the scene and saw a woman get out of her car. “She was a rather tall woman—regal,” Walker says. As Walker approached from behind her, he says, “She spun around and looked at me. I said, ‘Can I help you, ma’am?’ And she said,”—screaming and pointing her finger—“‘You better get the hell out of here!’”

Walker’s statements prompted the Newport Police Department to reopen the case. “I can confirm that I’ve been assigned to follow up with this case due to new information provided by Robert Walker,” Newport Police Det. Jacque Wuest told the Newport Daily News on August 5. The “case is now open for further review due to new facts coming forward,” Wuest said. “It is an active investigation.”

Celebrities in Newport

“I ended up in Newport because I was driving down Ocean Avenue with my wife, and she said, ‘Look at that house” as we passed Seafair,” Leno says in a telephone interview. “I said, ‘Let’s go back.’ Just as we drove by again, the gate opened and the caretaker came out. I asked if the house was for sale, and he said technically it was for sale but wasn’t listed. He gave us a tour and got the owner on the phone, and he agreed to sell it to us furnished.”

jay leno newport rhode island home seafair

Leno, who grew up in Andover, Massachusetts and first visited the area when he went to the Newport Jazz Festival as a high schooler to watch Slip Wilson perform, now uses the house to host family gatherings. “When you live in California and all the relatives want to come visit, it’s a nightmare because I spend weeks clearing the house,” Leno said. “In Newport, it’s all taken care of—I don’t even have to vacuum—and everybody has their own room.”

“I got a mansion for the price of a condo on Wilshire Boulevard,” Leno says of his 2017 purchase. Since then, prices have increased dramatically, and Leno expects Seafair is worth twice as much as he paid for it, if not more.

A more well-heeled crowd isn’t so bad for the city, he said.

“I eat at a place on Thames Street, the Handy Lunch, and they’re thrilled because bigger tippers come in and they spend more money,” Leno says. The downtown area “used to be a mix of knick-knack shops selling ash trays made out of lobsters, and now you’ve got five-star restaurants going in there and they’re quite good.”

ruth buchanans home

While Judy Sheindlin, through a representative, declined a request to be interviewed, a source familiar with her Newport life said she likes to keep a low profile when she is there.

Leno and Sheindlin are not the first celebrities to settle in Newport. Nicholas Cage owned one of the largest houses in the Newport area, Grey Craig—in Middleton, where St. George’s School is located—from 2007 through 2011. He paid $15.7 million for the 24,000-square-foot house on 27 acres when he purchased it from Charlie Dana. Cage listed it for $15.9 million in 2008; it sold for just $6.5 million in 2011 , a loss of $9.2 million.

But the first celebrity to call Newport home arrived nearly a century ago. In the 1940s, Broadway star Gertrude Nielsen became the owner of Rosecliff after her mother purchased the home at auction for $17,000 . Life magazine featured her in an article titled “ Life Visits a Palace at Newport.”

Ruth Buchanan, the late Dow Chemical heiress, and her husband Wiley T. Buchanan Jr. bought Beaulieu, next to Marble House on Bellevue Avenue , for $100,000 in 1961. One weekend, the Buchanans invited Elizabeth Taylor as a houseguest. “My grandmother called the hostess of the dinner she was invited to that Friday night, Anita Young, and asked if she could bring her houseguest to dinner,” the Buchanans’ grandson, entrepreneur and former U.S. Ambassador to Austria Trevor Traina, says.

station wagon car parked in front of garden

“Mrs. Young said, ‘Absolutely not, we would never have an actor in the house,’ so the butler had to serve dinner to Elizabeth Taylor alone because my grandmother could not unaccept an invitation, which would be rude, nor could she bring an actress, which would be rude.” Traina also noted that Taylor had her bathtub at Beaulieu filled with ice and kept it stocked with beer all weekend, “which I think reaffirmed some of the doubts in the community about inviting her for the weekend.”

“What has changed today is that most of the people in Newport would kill to get an invitation to an actor’s house today rather than refuse to entertain them in yesteryear,” Traina says. “When you walk around Bailey’s Beach, much of the talk is about who bought which house, including Larry Ellison and Jay Leno’s recent purchases, of course.”

Will Newport Become the Hamptons?

“I think Newport will stay uniquely New England, because the people here seem to like the not-so-flashy, not-so-Hollywood lifestyle,” Leno said. “I can walk around as shabbily dressed as I usually am, and no one thinks twice about it.”

Leno’s friend Donald Osborne, who serves as Director and CEO of the Audrain Auto Museum (for which Leno is a major fundraiser) and has made a number of appearances on the TV show Jay Leno’s Garage , has an idea about why the area will remain low-key. “On Aquidneck Island, in addition to Newport, you also have Middletown and Portsmouth, which are very nice middle-class communities that offer the opportunity for people to live in a place very adjacent to the best real estate in the state. Anything affordable in the Hamptons is at least seven towns away.”

the breakers, newport, rhode island, usa

In addition, Osborne says, “Newport will never be like the Hamptons because it is a uniquely historic city. Newport is a city founded in the 17th century with great history, so it has a totally different feeling than resorts that can’t match the history.” It also has a strong social fabric, with younger generations returning to the same places their parents frequented when they were children to take part in traditions like the sandcastle contest at Bailey’s Beach and ending dinner at the Clarke Cooke House with a Snowball in Hell .

“The generations all interface at parties,” says Bettie Bearden Pardee , whose books Private Newport at Home and in the Garden and Living Newport: Houses, People, Style chronicle how people live and entertain in the seaside town. “You don’t have only old people and only young people. I had a conversation at a luncheon the other day with someone who said he’s never seen that in any other summer community—this mix of generations.”

Piper Quinn, who owns the buzzy Buccan and Grato restaurants in Palm Beach and spends summers in Newport, says that while the general vibe hasn’t changed much in the past four decades, he has noticed high-profile yacht owners coming to town more recently. “That is something that was not here 20 years ago,” he says.

john and jacqueline kennedy cut wedding cake

“The timelessness of Newport makes it different from the Hamptons and Nantucket. The Hamptons could use some of Newport. Nantucket could use some of Newport,” he says.

It’s also harder to get to from New York on public transportation than the Hamptons, as Ray explains: “Psychologically, the Hamptons are a lot closer.” Newport is not serviced by luxury buses like the Hampton Jitney and the Hampton Luxury Liner, and those who take Amtrak from Penn Station have to find transportation for the final leg of the journey Kingston to Newport—about a 25-minute drive.

Ruthie Sommers, an interior designer who lives in Newport during the summer and is currently working on a book about the area with Mele, says the values that Newporters have will prevent it from going the way of the Hamptons. “I believe people who are drawn to Newport are drawn to the nature of the rocky coastline or to the idea of community, Sommers said. “Shared values allow all ships to rise with the tide. Our values are human connection, modesty in terms of discretion, love of entertaining, philanthropy, and nature. If people choose Newport, I feel they are choosing that.”

As Traina put it, “Newport has always been a crucible where new fortunes go to get established, where the new money goes to become old.”

The Exploding Real Estate Market

“It’s billionaires pushing out millionaires,” Leno says of the current market for Newport real estate. “When I bought my house, I think it was the most expensive house in Rhode Island. Now I’m not even in the top 50! People are paying $25 million, $37 million.”

marble house mansion, newport, rhode island, usa

Realtor Kara Malkovich of Gustave White Sotheby's International Realty, who grew up in Newport, says that while the city has been known as the first resort and a sailing gem for decades, “we’ve always been able to scoot under the radar.” No longer is that the case, she says. “I really feel like Newport has totally been found out.”

She and others attribute much of the new attention paid to Newport to the pandemic. “Since Covid,” Malkovich says, “people are putting a lot more thought and emphasis on the quality of their lives and how they want that to look moving forward. I’ve seen a huge influx of buyers relocating here from metropolitan cities like New York and Boston, and from Connecticut and California.” Many of the buyers are planning to live there year-round, Malkovich added.

She said she has never seen a real estate market like the one Newport has experienced in the past year. “It’s unprecedented. People are coming here in droves, and relatively speaking you can still get a great deal here for a fraction of what you would pay in the Hamptons, Nantucket, or Martha’s Vineyard.”

newport rhode island real estate

There is, however, limited inventory and high demand from buyers moving to Newport. That, coupled with low interest rates, has led to some of the highest prices in the area in years.

The average list price of a single-family home in Newport, for example, has risen steadily over the past few years, from $967,486 in 2016 to $1,386,150 in 2021. In June, Normandie, an estate on nearly four and a half acres along the coastline, hit the market for $15 million and is currently in contract.

Another waterfront estate, Honeysuckle Lodge, was listed for $10.9 million and had multiple offers before going into contract earlier this year. A Bellevue Avenue spread called Ocean View, which had been listed at $18.85 million, went into contract in August, and an Ocean Avenue property selling for $17 million went into contract on August 19.

“Our high-end properties typically take longer to sell, but in the last six months things have changed drastically,” Malkovich says. “Properties of all price points are being snapped up with multiple offers to boot. It really feels like a feeding frenzy with homes selling well above their asking prices.”

ochre court on the grounds of salve regina university, cliff

Another issue affecting the market is that many of the so-called legacy homes that have been owned by the same families for decades are not passing on to the next generation. “The families that have owned them are getting older, and they don’t have the time or the wherewithal to maintain them,” Malkovich says.

“That’s why we’re seeing people with the financial means to do what is necessary to keep these homes alive purchase them. They have the funds to restore these houses and a true desire to continue the upkeep and preservation of these landmark legacy estates, which is a beautiful thing,” she said.

One fear among the old guard, however, is that wealthy new owners will overdo the restorations, Dana said. “Oatsie Charles had a great expression, which you can quote me on: ‘Blessed be the poor because they cannot over-restore.’ You worry about too many chandeliers going up where there were none, and there is a little bit of that happening,” he says.

.css-4rnr1w:before{margin:0 auto 1.875rem;width:60%;height:0.125rem;content:'';display:block;background-color:#9a0500;color:#fff;} .css-gcw71x{color:#030929;font-family:NewParis,NewParis-fallback,NewParis-roboto,NewParis-local,Georgia,Times,serif;font-size:1.625rem;line-height:1.2;margin:0rem;}@media(max-width: 64rem){.css-gcw71x{font-size:2.25rem;line-height:1.1;}}@media(min-width: 48rem){.css-gcw71x{font-size:2.625rem;line-height:1.1;}}@media(min-width: 64rem){.css-gcw71x{font-size:2.8125rem;line-height:1.1;}}.css-gcw71x b,.css-gcw71x strong{font-family:inherit;font-weight:bold;}.css-gcw71x em,.css-gcw71x i{font-style:italic;font-family:inherit;} "Blessed be the poor because they cannot over-restore."

Esmond Harmsworth , president of the literary agency Aevitas Creative Management, started spending summers in Newport in the early 1980s. “It’s always been this mixture of the more summer Social Register people and other groups, and there’s always been turnover and speculation about new people coming,” he says. “The great thing about Newport, though, is that its character has not changed very much at all in my lifetime. There is a wonderful joie de vivre and a focus on entertaining and parties in the summer, but there is also this community of historians and experts.”

As an Englishman, Harmsworth says Newport’s eccentricities and eccentric residents appeal to him. “Newport is far too eccentric and quirky to turn into Southampton,” he says. “I remember when I was a teenager gate-crashing the most fabulous and frivolous parties, and I would vote for more of that, so I hope some of these people [moving to Newport] will do more of that.”

Mansions Still in Private Hands

While the Preservation Society of Newport County now owns and maintains 11 historic properties—including The Breakers , the 70-room mansion Cornelius Vanderbilt II built in 1893—a few oceanfront Newport estates remain in private hands.

Beaulieu, for example, was completed in 1859 and designed to resemble a French château and has been in the same family for decades. Following her mother Ruth Buchanan’s death, Dede Wilsey purchased the house in March 2020.

dede wilsey todd traina

Wilsey has been visiting Newport with her family since her father, Wiley T. Buchanan Jr., bought Beaulieu. John Jacob Astor III, William Waldorf Astor, and Cornelius “Neily” Vanderbilt III had lived in the house before Buchanan, who served as the Chief of Protocol of the United States and the U.S. Ambassador to Luxembourg and Austria, bought it. “My father didn't tell my mother when he purchased the house. We were driving to Newport and stopped at Howard Johnson's,” Wilsey told Town & Country in 2016 . “Daddy looked at me and said, ‘Don't say anything, but let me show you what I just bought.’ It was a flier for Beaulieu, and it looked like a wreck. My parents were the only young couple in Newport, except for the Drexels. They started bringing ambassadors from Washington and prominent people, and all of a sudden the town really had a life.”

Wilsey says that the new wealth coming to Newport is beneficial for the city. “New blood is good for a place, as long as they don’t want to tear down the traditions.”

She added that Larry Ellison’s real-estate purchasing prowess included some strategic moves.

“His representatives were approaching neighbors to buy their property—they weren’t pushy, they weren’t arrogant, and nobody has anything but nice things to say about his organization,” Wilsey says. “He bought a friend of mine’s house two years ago; his people had made offers to my friend and he turned them down, then after the sale happened, I asked him and he said, ‘he made me an offer I couldn’t resist.’”

exterior view of newport country club

Wilsey says it is interesting to the Newport establishment that people of Ellison’s magnitude are interested in buying property in Newport. “He could have gone over to Southampton, and so could Judge Judy or Jay Leno. They could have been celebrities there, where people care.”

She added that the famous figures in town have not tried to join the established social clubs. “I haven’t heard a whisper of any of the [celebrities] wanting to join any of the clubs—Bailey’s, Clambake, the Reading Room, or even the Golf Club,” Wilsey says.

Other “new and aggressive” buyers have tried to join the club, but have not been successful, Wilsey says. “They will be fine doing what they are doing but I don’t think they’re going to be adopted by the old guard,” she said. Same with those who try to build houses that do not fit into the architectural landscape, as the New York Times examined in 2016.

“New blood is good for a place, as long as they don’t want to tear down the traditions.”

“Life goes on generation after generation, even though there are divorces and scandals,” Wilsey says. “That’s been going on forever, and everybody just looks the other way or marries one of your friends.”

And in spite of the new arrivals, aspects of the destination have not changed at all. “Newport is predictable,” Wilsey says. “We all know the history, we know who lived there. All those things are kind of written in the sand. There’s not a lot of surprise about Newport. You can sail, you can play golf, you can play croquet, you can play tennis.”

Other Gilded Age mansions remain in private hands. Miramar , for example, was purchased for $17.15 million in 2006 and subsequently restored by former Goldman Sachs banker David B. Ford, who died in September 2020 . The house is rumored to be changing hands soon. According to multiple sources familiar with the transaction, Blackstone Chairman and CEO Stephen Schwarzman and his wife, Christine, are in negotiations to purchase the house. A spokesman for Schwarzman did not return requests for comment. Ford’s son, David B. Ford, Jr., also did not return an email requesting comment. The most recent sale in public records is the 2006 purchase that Ford made through an LLC for $17.15 million . At the time, the price was the highest amount paid for a private residence in Rhode Island . [ Ed Note: Miramar reportedly sold for $27 million on September 30, 2021 . A buyer was not publicly identified at the time. ]

newport rhode island belcourt

Alex and Ani founder and onetime billionaire Carolyn Rafaelian purchased Belcourt, a 60-room mansion built in 1894, for $3.6 million in 2012 . (Historically, the market for such large houses has not been strong, resulting in the Preservation Society acquiring many of them and others going for a song to wealthy buyers like Rafaelian and Ford.)

As for Ellison, Wilsey and others say it is peculiar that the billionaire has not moved into any of his Newport properties. “To spend that kind of money and not have a presence in Newport, why not do New York or San Francisco?” She added that last summer Ellison did no work on Beechwood, which Wilsey says, “just sat there with guards.”

“In the beginning Ellison was very representative of what I’m seeing as the mindset of the people coming to Newport right now: they love it, they’ve got money, and once they move to Newport they find this inner preservationist in them and put in a lot of money and do a beautiful job restoring old homes,” Pardee says. “But I’m not certain he’s ever been seen around with regard to the house. It's been almost 10 years now and it’s not very pretty to look at when you drive by. There are huge boulders on the front lawn.” The boulders that have been added to the landscaping plan in recent months are among the only indications of progress on the renovation.

Wilsey says, “People are just wondering, what is he going to do?”

Headshot of Sam Dangremond

Sam Dangremond is a Contributing Digital Editor at Town & Country, where he covers men's style, cocktails, travel, and the social scene.

@media(min-width: 40.625rem){.css-1jdielu:before{margin:0.625rem 0.625rem 0;width:3.5rem;-webkit-filter:invert(17%) sepia(72%) saturate(710%) hue-rotate(181deg) brightness(97%) contrast(97%);filter:invert(17%) sepia(72%) saturate(710%) hue-rotate(181deg) brightness(97%) contrast(97%);height:1.5rem;content:'';display:inline-block;-webkit-transform:scale(-1, 1);-moz-transform:scale(-1, 1);-ms-transform:scale(-1, 1);transform:scale(-1, 1);background-repeat:no-repeat;}.loaded .css-1jdielu:before{background-image:url(/_assets/design-tokens/townandcountrymag/static/images/diamond-header-design-element.80fb60e.svg);}}@media(min-width: 64rem){.css-1jdielu:before{margin:0 0.625rem 0.25rem;}} Where to Go Next @media(min-width: 40.625rem){.css-128xfoy:before{margin:0.625rem 0.625rem 0;width:3.5rem;-webkit-filter:invert(17%) sepia(72%) saturate(710%) hue-rotate(181deg) brightness(97%) contrast(97%);filter:invert(17%) sepia(72%) saturate(710%) hue-rotate(181deg) brightness(97%) contrast(97%);height:1.5rem;content:'';display:inline-block;background-repeat:no-repeat;}.loaded .css-128xfoy:before{background-image:url(/_assets/design-tokens/townandcountrymag/static/images/diamond-header-design-element.80fb60e.svg);}}@media(min-width: 64rem){.css-128xfoy:before{margin:0 0.625rem 0.25rem;}}

shot for the ranch hudson valley september 45 2023wwwtheranchmalibucom

The Best Room At... Wedgewood Hotel & Spa

marilyn on the roof

11 Romantic Hotels in (or Near) New York City

hotel hassler rome

Romantic Hotel Stays for Valentine's Day Weekend

neo classical pool

A Snob's Guide to Palm Beach

italy hot springs

Do We Run on Dunking?

aubrey plaza the white lotus

Where Will 'The White Lotus' Season 3 Film?

gstaad palace

Winter Vacation Ideas to Start Planning Now

calendar

A Snob's Guide to the White Glove Cruise

mediterranean cruise

A Snob's Guide to Mediterranean Cruises

cruises

A Snob's Guide to Cruising the Islands

a snobs guide to the river cruise

A Snob's Guide to the River Cruise

NYYCF - 2022

Founded in 2007, the New York Yacht Club Foundation has contributed $8.1 million to fund much needed capital projects in both New York and Newport.

The care and maintenance of these historic buildings require constant attention and is only made possible by the support of the New York Yacht Club Foundation.

Make a donation

About the 44th Street Clubhouse

In 1897, Commodore J. Pierpont Morgan’s unexpected purchase and donation of a three-lot site on West 44th Street was the gift on which the New York Yacht Club would erect its first permanent Clubhouse. Designed by the celebrated Warren & Wetmore architectural firm and completed in 1901, the historic Landmark building—so designated by New York City’s prestigious Landmark Preservation Commission—is a preeminent example of Beaux Arts architecture.

About Harbour Court

Conceived by the Boston-based consortium of Cram, Goodhue and Ferguson, the Renaissance Norman-style mansion was completed in 1906, five short years after the 44th Street Clubhouse. The former summer estate of the late NYYC Commodore John Nicholas Brown, Harbour Court was acquired by the Club in 1988, and has since evolved into the internationally recognized Clubhouse and sailing center that it is today.

About Station 10

In 1845, Commodore John Cox Stevens commissioned architect Alexander Jackson Davis to design the New York Yacht Club’s first Clubhouse—a distinctive structure influenced by the Gothic Revival school. Originally erected in Hoboken, New Jersey, it was later moved to Glen Cove, New York, where it was known as Station 10. The structure was later moved to Mystic Seaport in Connecticut before a final journey to its lasting home at Harbour Court.

CONSIDER MAKING A

Over the next decade, with multiple projects on the horizon, in the planning stages or under way at both Harbour Court or 44th Street, major funding is required to ensure that these Clubhouses are preserved for future generations. These efforts include rebuilding a seawall and restoring the boathouse at Harbour Court. The ongoing annual maintenance of these historic buildings is made possible by the New York Yacht Club Foundation and your generous support.

NYYCF Board of Directors

Harry t. rein.

President & Chairman

Joseph F. Huber

Vice President - Development

Marie Klok Crump

Vice President - Marketing

Christopher L. Otorowski

David k. elwell, jr..

At-Large Member

Charles H. Townsend

William mathews (matt) brooks.

Chairman Emeritus

Board of Directors

Lauretta j. bruno, david t. guernsey, jr., amy h. ironmonger, ralph heyward isham, gary a. jobson, michael f. johnston, commodore philip a. lotz, mark mashburn, douglas l. newhouse, carol o’malley, charles f. willis iv, donald j. steiner, arthur j. santry iii, executive director, trixie b. wadson.

Get in Touch

For more information or assistance with making a contribution, please contact the Foundation by calling 401-608-1125 or [email protected] .

National Sailing Hall of Fame

New York Yacht Club

new york yacht club net worth

Stories from the New York Yacht Club

New York Yacht Club 37 West 44th Street New York, NY 10036-6643 (212) 382-1007

Website: http://www.nyyc.org/

The Isle of Wight in the Solent has long been the epicenter of yachting in England. In 1851, a schooner painted black arrived there looking to win races. This was the yacht America, owned by John Cox Stevens, the first commodore and other members of the New York Yacht Club.

NEW YORK YACHT CLUB BECOMES NSHOF FOUNDING MEMBER

newyorkYC-gimcrack

These nine individuals agreed to form the New York Yacht Club, with Stevens to serve as commodore.  With much enthusiasm for their accomplishment, the group further agreed to assemble their yachts three days later and cruise to Newport, Rhode Island.

newyorkYC-1stclubhouse

A summer cruise among New York Yacht Club members has been an annual event ever since, with the exceptions of 1861, 1898, and the war years of 1917-1920 and 1941-1945. In 1998, the club celebrated the 100th anniversary of its first cruise to Maine.

A rich and storied history of the New York Yacht Club is available on their website:

http://www.nyyc.org/about/history-heritage

BACK TO YACHT CLUB STORIES PAGE

The Cinemaholic

Where is America’s Ex-Yacht Captain Dennis Conner Now?

Diksha Sundriyal of Where is America’s Ex-Yacht Captain Dennis Conner Now?

Netflix’s ‘Untold: The Race of the Century’ is an underdog story that is so well-told and fascinating in itself that it hypes you up about a sport that you probably never cared for in the first place. It follows the story of the Australian yachting team who became the David to the Goliath of the New York Yacht Club, who’d gone unbeaten for 132 years.

All odds were in favor of the Americans, and one of the biggest hurdles in the path of the Australians was Dennis Conner, the leader of the American team. The documentary gives us a peek into his unblemished reputation and what happened after he lost the cup. If you are wondering where he is now, then we’ve got you covered.

Where is Dennis Conner Today?

Also known as “Mr. America’s Cup” for being the world’s most successful America’s Cup Skipper, Dennis Walter Conner lives in San Diego, California, with his wife Louise Daintry Bell; the duo tied the knot in 1994. Apart from being a public speaker, Conner owns Dennis Conner Sports Incorporation, which he started in 1987. He has partnered with The Pirates Lair, Inc. to release a new line of Stars & Stripes sailing merchandise. Conner is also a self-employed Doctor of Humane Degree in Psychology in the Greater San Diego area.

He also has a self-titled podcast in which he talks about sailing, his experience in America’s Cup, and other fan queries, among other things. Born and raised in San Diego, Conner joined the San Diego Yacht Club at the age of 11 and has since gone on to serve on its Board of Directors for nine years. He won a bronze medal at the 1976 Olympics, received an honorary doctorate from Green Mountain College, and was featured on the cover of Time magazine and Sports Illustrated, the latter with President Ronald Reagan.

Conner has also won two Star World Championships and has been a member of the New York Yacht Club and Yacht Club de Monaco. Having won America’s Cup four times (as a tactician in ’74, and skipper in ’80, ’87, ’88) and losing it twice (’83, ’95), he marked his last participation in the competition in the year 2003. In 1984, Conner formed the Stars and Stripes syndicate, to participate in America’s Cup competition.

Conner’s life story, in parts, has been documented in several books, some of which he co-wrote with others, like ‘No Excuse to Lose: Winning Yacht Races with Dennis Conner,’ ‘Comeback: My Race for America’s Cup’ and ‘The America’s Cup: The History of Sailing’s Greatest Competition in the Twentieth Century.’ While most of Conner’s career has seen success, it was the historic loss of ’83 that left an indelible mark on him. Others might see it as a dark spot on his otherwise brilliant streak, but he believes that losing after 132 years was the best thing that ever happened to him as well as America’s Cup.

Talking about it, Conner said, “Before the win by the Australians, America’s Cup was only big in the minds of the yachties, but the rest of the world didn’t know or care about it at all. But when we lost it… it was a little bit like losing the Panama Canal – suddenly everyone appreciated it.” While it was so awful to lose that he didn’t feel like getting up from bed in the mornings around that time, he also believes that winning it wouldn’t have changed things and brought them to the point where they are now.

He added, “If I hadn’t lost it, there never would have been the national effort to get it back in Fremantle, and without that there never would have been the ticker-tape parade up Fifth Avenue in New York, lunch with the President at the White House and all the doors of opportunity that it opened.” As he continues his work in the sport, Dennis Conner knows how important it is to move on from your failures and cloud them with finding success in the future. Even now, he continues to move forward and explore new avenues.

Read More:  Where is Australia’s Ex-Yacht Captain John Bertrand Now?

SPONSORED LINKS

The Cinemaholic Sidebar

  • Movie Explainers
  • TV Explainers
  • About The Cinemaholic

an image, when javascript is unavailable

  • facebook-rs

How Four NFT Novices Created a Billion-Dollar Ecosystem of Cartoon Apes

By Samantha Hissong

Samantha Hissong

J ust last year, the four thirtysomethings behind Bored Ape Yacht Club — a collection of 10,000 NFTs, which house cartoon primates and unlock the virtual world they live in — were living modest lifestyles and working day jobs as they fiddled with creative projects on the side. Now, they’re multimillionaires who made it big off edgy, haphazardly constructed art pieces that also act as membership cards to a decentralized community of madcaps. What’s more punk rock than that?

The phenomenal nature of it all has to do with the recent appearance, all over the internet, of images of grungy apes with unimpressed expressions on their faces and human clothes on their sometimes-multicolored, sometimes-metal bodies. Most of the apes look like characters one might see in a comic about hipsters in Williamsburg — some are smoking and some have pizza hanging from their lips, while others don leather jackets, beanies, and grills. The core-team Apes describe the graffiti-covered bathroom of the club itself — which looks like a sticky Tiki bar — in a way that echoes that project’s broader mission: “Think of it as a collaborative art experiment for the cryptosphere.” As for the pixel-ish walls around the virtual toilet, that’s really just “a members-only canvas for the discerning minds of crypto Twitter,” according to a blurb on the website, which recognizes that it’s probably “going to be full of dicks.”

(Full-disclosure: Rolling Stone just announced a partnership with the Apes and is creating a collectible zine — similar to what the magazine did with Billie Eilish — and NFTs.)

“I always go balls to the wall,” founding Ape Gordon Goner tells Rolling Stone over Zoom. Everything about Goner, who could pass for a weathered 30 or a young 40, screams “frontman,” from his neck tattoo to his sturdy physique to the dark circles under his eyes and his brazen attitude. He’s a risk taker: Back during his gambling-problem days, he admits he’d “kill it at the tables” and then lose it all at the slot machines on the way to the car. He’s also the only one in the group that wasn’t working a normal nine-to-five before the sudden tsunami of their current successes — and that’s because he’s never had a “real job. Not bad for a high school dropout,” he says through a smirk. Although Goner and his comrades’ aesthetic and rapport mirror that of a musical act freshly thrust into stardom, they’re actually the creators of Yuga Labs, a Web3 company. 

Editor’s picks

The 250 greatest guitarists of all time, the 500 greatest albums of all time, the 50 worst decisions in movie history, every awful thing trump has promised to do in a second term.

Goner and his partners in creative crime — Gargamel, No Sass, and Emperor Tomato Ketchup — were inspired by the communities of crypto lovers that have blossomed on platforms like Twitter in recent years. Clearly, people with this once-niche interest craved a destination to gather, discuss blockchain-related developments, and hurl the most inside of inside jokes. Why not, they thought, give NFT collectors their own official home? And Bored Ape Yacht Club was born.

This summer, 101 of Yuga Labs’ Bored Ape Yacht Club tokens, which were first minted in early May, resold for $24.4 million in an auction hosted by the fine-art house Sotheby’s. Competitor Christie’s followed shortly thereafter, auctioning off an art collectors’ haul of modern-day artifacts — which included four apes — for $12 million. Around the same time, one collector bought a single token directly from OpenSea — kind of like eBay for NFTs — for $2.65 million. A few weeks later, another Sotheby’s sale set a new auction record for the most-valuable single Bored Ape ever sold: Ape number 8,817 went for $3.4 million. At press time, tokens related to the Bored Ape Yacht Club ecosystem — this includes the traditional apes, but also things called “mutant” apes and the apes’ pets — had generated around $1 billion. “My name’s not even Gordon,” says Goner, who, like the rest of Yuga Labs’ inner circle, chooses to hide his true identity behind a quirky pseudonym. “Gordon Goner just sounded like Joey Ramone. And that made it sound like I was in a band called the Goners. I thought that was fucking cool. But when we first started, I kept asking, ‘Are we the Beastie Boys of NFTs?’ Because, right after our initial success it felt like the Beastie Boys going on tour with Madonna: Everyone was like, ‘Who the fuck are these kids?’ ” (Funnily enough, Madonna’s longtime manager, Guy Oseary, signed on to rep the foursome about a month after Goner made this comment to Rolling Stone .) He’s referring to the commotion that immediately followed the first few days of Bored Ape Yacht Club’s existence, when sales were dismal. “Things were moving so slowly in that weeklong presale,” recalls Goner’s more soft-spoken colleague, Emperor Tomato Ketchup. “I think we made something between $30,000 and $60,000 total in sales. And then, overnight, it exploded. All of us were like, ‘Oh fuck, this is real now.’ ” The 10,000 tokens — each originally priced at 0.08 Ethereum (ETH), around $300 — had sold out. While the crypto community may have been asking who they were, the general public started wondering what all the fuss was about. Even Golden State Warriors player Stephen Curry started using his ape as his Twitter profile picture, for all of his 15.5 million followers to behold. 

Bored Ape art isn’t as valuable as it is because it’s visually pleasing, even though it is. It’s valuable because it also serves as a digital identity — for which its owner receives commercial usage rights, meaning they can sell any sort of spinoff product based on the art. The tokens, meanwhile, act like ID cards that give the owners access to an online Soho House of sorts — just a nerdier, more buck-wild one. Noah Davis, who heads up Christie’s online sales department for digital art, says that it’s the “perennial freebies and perks” that solidify the Bored Ape Yacht Club as “one of the most rewarding and coveted memberships.” “In the eyes of most — if not almost all of the art community — BAYC is completely misunderstood,” he says. However, within other tribes of pop culture, he continues, hugely prominent figures cherish the idea of having a global hub for some of the most “like-minded, tech-savvy, and forward-thinking individuals on the planet.” Gargamel is “a name I ridiculously gave myself based off the fact that my fiancée had never seen The Smurfs when we were launching this,” says Goner’s right-hand man, who looks kind of like a cross between the character he named himself after and an indie-music-listening liberal-arts school alum. He’s flabbergasted at the unexpected permanence of it all. “Now, I meet with CEOs of billion-dollar companies, and I’m like, ‘Hi, I’m Gargamel. What is it that you would like to speak to me about?’ ” 

The gang bursts out in laughter.

In conversing, Gargamel and Goner, whose relationship is the connective tissue that brought the others in, are mostly playful — but they do bicker, similar to how a frontman and lead guitarist might butt heads in learning to share the spotlight. They first met in their early twenties at a dive bar, in Miami, where they were both born and raised, and immediately started arguing about books. “He doesn’t like David Foster Wallace because he’s wrong about things,” Goner interjects, cheekily, as Gargamel attempts to tell their story. “He hasn’t even read Infinite Jest . He criticizes him, and yet he’s never read the book! He’s like, ‘Oh, it’s pretentious MFA garbage.’ No, it’s not.” Gargamel then points out that he has read other books by Wallace, while No Sass, who still hasn’t chimed in, flashes a half-smile that suggests they’ve been down this road more than once before. “I think, on the whole, he was the worst thing to happen to fucking MFA programs, given all the things people were churning out,” says Gargamel. They eventually decide to agree that Wallace, like J.D. Salinger, isn’t always interpreted correctly or taught well, and we move on — only after Goner points out the tattoos he got for Kurt Vonnegut and Charles Bukowski “at like 17,” but before diving too deep into postmodernist concepts. Goner and Gargamel’s relationship speaks to how the group operates as a whole, according to No Sass, whose name is self-explanatory. “There’s always a yin and yang going on,” he says. Throughout the call, No Sass continues to make sense of things and keep the others in check in an unwavering manner, positioning him as the backbone of the group — or our metaphorical drummer. “It’s like, I’ll come up with the idea that wins us the game,” Goner says, referencing his casino-traversing past. “And his job is to make sure we make it to the car park.” No Sass’ rhythm-section counterpart is clearly Tomato, the pseudo-band’s secret weapon who’s loaded with talent and harder to read. (He picked his name while staring at an album of the same name by English-French band Stereolab.) The project’s name, Bored Ape Yacht Club, represents a club for people who got rich quick by “aping in” — crypto slang for investing big in something unsure — and, thusly, are too bored to do anything but create memes and debate about analytics. The “yacht” part is coated in satire, given that the digital clubhouse the apes congregate in was designed to look like a dive bar in the swampy Everglades. 

Gargamel, whose college roommate started mining Bitcoin back in 2010, got Goner into crypto in 2017, when the latter was bedridden with an undisclosed illness, bored, and on his phone. “I knew he had a risk-friendly profile,” Gargamel says. “I said, ‘I’m throwing some money into some stupid shit here. You wanna get in this with me?’ He immediately took to it so hard, and we rode that euphoric wave of 2017 crypto up — and then cried all the way down the other side of the roller coaster.” At the start of 2021, they looked at modern relics like CryptoPunks and Hashmasks, which have both become a sort of cultural currency, and they looked at “crypto Twitter,” and wondered what would happen if they combined the collectible-art component with community membership via gamification. The idea was golden but they weren’t technologically savvy enough to know how to build the back end. So, Gargamel called up No Sass and Tomato, who both studied computer science at the same university he had attended for grad school. “I had no idea what was involved in the code for this,” Gargamel admits. “I read something that said something about Javascript, so I called them and said, ‘Do you guys know anything about Javascript?’ And that couldn’t be further from what you’re supposed to know.” While they were tech-savvy, No Sass and Tomato were not crypto-savvy. They both wrote their first lines of solidity code — a language for smart contracts — in February of this year. “I was like, ‘Just learn it! It’s going to be great. Let’s go,’ ” recalls Gargamel. “From a technical perspective, some of the stuff that we’ve built out has had relatively janky workflows, which people then seize upon, asking us how we did it,” says Tomato. “It’s actually stake-and-wire or whatever, but nobody else has done it.” A lot of “stress and fear” went into the first drop, according to No Sass: “We were constantly on the phone going, ‘Oh, shit, is this OK? Is it going to explode?’ ” He shakes his head. “I wish we still had simple NFT drops. We can pump those out superfast now.” “Every single thing we do scares the shit out of me,” adds Tomato.

They started out with unsharpened goals of capitalizing on a very clear trend. But a fter one particularly enervating night of incessant spitballing, Goner realized that all he really wanted was something to do and for like-minded people to talk to in an immersive, fantastical world. Virtual art was enticing, but it needed to do something too. “We’d see these NFT collections that didn’t have any utility,” Goner says. “That didn’t make any sense to me at the time, because you can cryptographically verify who owns these things. Why wouldn’t you offer some sort of utility?”

Gargamel told him the next day he loved the clubhouse idea so much that he’d want to do it even if it was a failure. They realized they just craved “a hilarious story to tell 10 years later,” Gargamel says. “I figured we’d say, ‘Yeah, we spent 40 grand and six months making a club for apes, but it didn’t go anywhere.’ And that’s how we actually started having fun in the process.” Goner chimes in: “Because at least we could say, ‘This is how we spent our summer. How ridiculous is that? We made the Bored Ape Yacht Club, and it was a total disaster.’ ”  Gargamel interjects to remind everyone that Tomato ended up reacting to their springtime victory by buying a Volvo, the memory of which incites another surge of laughter. They haven’t indulged in too many lavish purchases since then, but they all ordered Pelotons, Tomato bought a second Volvo, and they all paid their moms back for supporting them in becoming modern-day mad scientists. “I’ll never forget the night that we sold out,” says No Sass. “It was like two or three in the morning, and I hear my phone ring. I see that it’s Tomato and think something has gone terribly wrong. I pick up the phone and he’s like, ‘Dude, you need to wake up right now. We just made a million dollars.’ ” Nansen, a company that tracks blockchain analytics, reported that for one night Bored Ape Yacht Club had the most-used smart contract on Ethereum. “That’s absurd,” says Gargamel. “Uniswap [a popular network of decentralized finance apps] does billions and billions of transactions. But for that one night, we took over the world.” At press time, the foursome — let’s just go ahead and call them the Goners — had personally generated about $22 million from the secondary market alone. “Every time I talk to my parents about how this has blown up, they literally do not know what to say,” adds Tomato, whose mom started crying when he first explained what had happened.

Since its opening, the group has created pets for the apes via the Bored Ape Kennel Club, as well as the Mutant Ape Yacht Club. The latter was launched to expand the community to interested individuals who weren’t brave enough to “ape in” at the beginning: Yuga Labs unleashed 10,000 festering, bubbling, and/or oozing apes — complete with missing limbs and weird growths — via a surprise Dutch auction, which was used to deter bots from snatching up inventory by starting at a maximum price and working its way down. With a starting price of 3 ETH — or about $11,000 — this move opened up the playing field for about an hour, which is how long it took for the mutants to sell out. (The team also randomly airdropped 10,000 “serums,” which now pop up on OpenSea for tens of thousands of dollars, for pre-existing Apes to “drink” and thusly create zombified clones.) When they sold 500 tangible hats to ape-holders in June, the guys spent days packaging products in Gargamel’s mom’s backyard in Florida. “Immediately, some of them sold for thousands of dollars,” Gargamel exclaims. “It was a $25 hat. We were like, ‘Holy shit, we can be a Web3 streetwear brand. What does that even look like?’ ”

bar interior mutant arcade bored apes yacht club

But the team is still searching for ways to create more value by building even more doors that the tokens can unlock. They recently surprised collectors with a treasure hunt; the winner received 5 ETH — worth more than $16,000 at press time — and another ape. And on Oct. 1, they announced the first annual Ape Fest, which runs from Oct. 31 through Nov. 6 and includse an in-person gallery party, yacht party, warehouse party, merch pop-up, and charity dinner in New York. Goner tells Rolling Stone that they’re currently discussing partnership ideas with multiple musical acts, but he refuses to reveal additional details in fear of jinxing things. Further down the line, the Goners see a future of interoperability, so that collectors can upload their apes into various corners of the metaverse: Hypothetically, an ape could appear inside a popular video game like Fortnite , and the user could dress it in digital versions of Bored Ape Yacht Club merch. “We want to encourage that as much as possible,” says Gargamel. “We’re making three-dimensional models of everybody’s ape now. But, y’know, making 10,000 perfect models takes a little bit of time.” At the start of the year, the guys had no idea their potentially disastrous idea would become a full-time job. They were working 14 hours a day to get the project up and running, and after the big drop, they decided to up that to 16 hours a day. “None of us have really slept in almost seven months now,” says Goner. “We’re teetering on burnout.” To avoid that, Yuga Labs has already put a slew of artists on staff and hired social media managers and Discord community managers, as well as a CFO. “We want to be a Web3 lifestyle company,” says Goner, who emphasizes that they’re still growing. “I’m a metaverse maximalist at this point. I think that Ready Player One experience is really on the cusp of happening in this world.” If Bored Ape Yacht Club is essentially this band of brothers’ debut album, there’s really no telling what their greatest hits will look like.

Most Popular

Over 1,000 jewish creatives and professionals have now denounced jonathan glazer’s 'zone of interest' oscars speech in open letter (exclusive), bill maher fires caa after oscar party snub (exclusive), rose hanbury just broke her silence on the prince william affair rumors, kobe bryant's parents face backlash after putting championship ring on the auction block, you might also like, a surprising number of consumers believe ai could make better shows, movies than human creators, act fast to secure the best amazon spring sale beauty deals that our editors are shopping right now, the best yoga blocks to support any practice, according to instructors, was paramount studios just lowballed by an $11 billion offer, nfl’s rolapp stands by tv in face of streaming questions.

Rolling Stone is a part of Penske Media Corporation. © 2024 Rolling Stone, LLC. All rights reserved.

Verify it's you

Please log in.

New York Yacht Club

The New York Yacht Club (NYYC) is a private social club and yacht club based in New York City and Newport, Rhode Island . It was founded in 1844 by nine prominent sportsmen. The members have contributed to the sport of yachting and yacht design. As of 2001, the organization was reported to have about 3,000 members. [1] Membership in the club is by invitation only. Its officers include a commodore , vice-commodore, rear-commodore, secretary and treasurer.

Main Clubhouse New York City

Harbour court, newport rhode island, new york yacht club stations c. 1894, racing and the america's cup, notable members, further reading, external links.

The club is headquartered at the New York Yacht Club Building in New York City. The America's Cup trophy was won by members in 1851 and held by the NYYC until 1983 . The NYYC successfully defended the trophy twenty-four times in a row before being defeated by the Royal Perth Yacht Club , represented by the yacht Australia II . The NYYC's reign was the longest winning streak as measured by years in the history of all sports. [2]

The NYYC entered 2021 and 2024 America's Cup competition under the syndicate name American Magic . [3]

In 1845, the club's first clubhouse was established—a modest, Gothic-revival building in Hoboken, New Jersey , designed by architect Alexander Jackson Davis , on land donated by Commodore John Cox Stevens . [4] [5] After outgrowing its cramped quarters, the club moved to the McFarlane–Bredt House in Staten Island , [6] then to Madison Avenue in Manhattan . [4] [5] The Hoboken clubhouse itself was physically relocated to Glen Cove, New York , then to Mystic, Connecticut . [7]

New York Yacht Club Building, 1901 New York Yacht Club, 1901 cph.3b18785.jpg

The present primary clubhouse is the New York Yacht Club Building , a six-storied Beaux-Arts landmark with a nautical-themed limestone facade, at 37 West 44th Street in Midtown Manhattan . Opened in 1901, the clubhouse was designed by Warren and Wetmore (1898), who later helped design Grand Central Terminal . [8] The centerpiece of the clubhouse is the "Model Room", which contains a notable collection of full and half hull models including a scale model history of all New York Yacht Club America's Cup challenges. It was designated a National Historic Landmark in 1987. [4] [5] [9]

As Penn Club of New York (est. 1901) became the first alumni clubhouse to join Clubhouse Row for inter-club events at 30 West 44th Street [10] after Harvard Club of New York City (est. 1888) at 27 West 44th, New York Yacht Club (est. 1899) became the first non-alumni clubhouse to join at 37 West 44th, then Yale Club of New York City (est. 1915) on East 44th (and Vanderbilt) and Cornell Club of New York (est. 1989) at 6 East 44th on the same block, with Princeton Club of New York joining in 1963 at 15 West 43rd (the only alumni clubhouse who wasn't on 44th Street, whose members, part of the staff, and in-residence club, Williams College Club of New York were absorbed into Penn Club following a previous visiting reciprocity agreement between the Princeton-Penn Clubs, before Princeton's went out of business during COVID). [11] [12] Despite being in New York City, Columbia University Club of New York (est. 1901) left Princeton after residence agreement issues [13] [14] to become in-residence at The Penn Club, while Dartmouth shares the Yale Club, and Brown shares the Cornell Club.

Harbour Court - New York Yacht Club Harbour Court - New York Yacht Club by Don Ramey Logan.jpg

To better host regattas, in 1988, the club purchased an impressive water front property in Newport, Rhode Island . [15]

The Yacht 'America' Winning the International Race, 1851, Fitz Henry Lane The Yacht 'America' Winning the International Race Fitz Hugh Lane 1851.jpeg

The New York Yacht Club was founded on July 30, 1844, by nine gentlemen. John Cox Stevens , the leader of this group, and a prominent citizen of New York with a passion for sports, was elected commodore. [16] John Clarkson Jay of Rye , one of the nine founders, was a grandson of Founding Father John Jay and served as the first Secretary of the board. [17] George L. Schuyler and Hamilton Wilkes were also NYYC founders who, together with Stevens and two others, created the syndicate that built and raced the great schooner-yacht, America . Wilkes served as the club's first vice-commodore. Schuyler played a key role in the founding of the America's Cup regatta , and served as its unofficial consultant until his death in 1890. [18]

In 1845, the club's burgee was designed. [19] The waters off Newport have been a key sailing venue for the NYYC since the beginning of its history. Indeed, the day the club was founded in 1844, its members resolved to sail from the Battery to Newport. Two days later, they did, with several stops on the way, and trials of speed.

During the first decades of the club's history, racing for prize money was the objective among most members. In 1851 , a syndicate of NYYC enthusiasts built and raced America , capturing the "One Hundred Sovereign Cup" at the annual regatta of the Royal Yacht Squadron . On July 8, 1857, the coveted trophy was donated to the NYYC, to serve as a challenge cup for sportsmanlike competition between nations. The " America's Cup Race ", named for its first winner, played a central role in the history of the club until this day.

In 1865, the club was incorporated, adopting the Latin motto: "Nos agimur tumidis velis"   – "We go with swelling sails" (adapted from the verse of the famous Roman poet Horace , "Non agimur tumidis uelis", "We do not go with swelling sails", in Epistles , 2, 2, 201). During this time, membership transitioned from the "old guard" to a new generation of yachtsmen, who built large schooner yachts captained by professionals. Marking this evolution was the 1866 resignation of Commodore Edwin Augustus Stevens , brother of founder John Cox Stevens and member of the America syndicate.

"New York Yacht Club motto - Nos Agimur Tumidis Velis" New York Yacht Club motto - Nos Agimur Tumidis Velis.png

The year 1866 is remembered in club annals for the legendary "Transatlantic Race". In December, the NYYC schooners Henrietta , Fleetwing , and Vesta raced from Sandy Hook to The Needles , Isle of Wight for a $90,000 winner-take-all prize. The Henrietta , owned by 21-year-old James Gordon Bennett Jr. , and skippered by Captain Samuel S. Samuels , won the race in 13 days, 21 hours and 55 minutes. Bennett would be elected commodore in 1871.

On August 8, 1870, the schooner Magic represented the New York Yacht Club in the international 1870 America's Cup competition in the New York Harbor and was won by Franklin Osgood 's American yacht Magic . She beat 17 competitors, including the English yacht Cambria and the yachts Dauntless, Idler, Fleetwing, Phantom, America and others. [20]

In 1876, the Mohawk , a large centerboard schooner, capsized due to its sheets being "made fast" (fastened securely) when a freak squall struck. Vice-Commodore William T. Garner, his wife and crew died in the accident. It is believed that this tragedy led to the extinction of the great centerboard schooner yachts. The Mohawk was later sold to the U.S. Navy and recommissioned as the USS Eagre .

In 1895, Richard H. Barker composed 'The yacht club march: march and two-step: for piano' in honor of the New York Yacht Club. [21]

In 1994, as part of the club's 150th anniversary celebrations, Melissa H. Harrington wrote the book The New York Yacht Club, 1844–1994 . [22]

By 1894, the New York Yacht Club had a number of Clubhouses: Station 1 in Bay Ridge ; 2 in New York NY; 3 in Whitestone NY ; 4 in New London, Connecticut ; 5 in Shelter Island, New York ; 6 in Newport RI; 7 in Vineyard Haven and at Rendezvous Glen Cove. In 1868, the club bought a big mansion used as Station 2 at Rosebank, Staten Island . This building still stands and is known as the McFarlane–Bredt House .

New York Yacht Club Station 1 Bay Ridge c 1894.JPG

Former Commodore J. P. Morgan was present at a board meeting on 27 October 1898 to discuss the construction of a new clubhouse. Morgan offered to acquire a 75-by-100-foot (23 by 30   m) plot on 44th Street in midtown Manhattan [23] [24] if the NYYC raised its annual membership dues from $25 to $50 and if the new clubhouse occupied the entire site. [24] The board accepted his offer, and Morgan bought the lots the next day for $148,000 and donated to the club. [25] [26]

Members hosted an informal housewarming party on 29 January 1901 and gave Morgan a trophy in gratitude of his purchase of the site. [27] [28]

The America's Cup featured in the New-York Tribune in 1903. This week Sir Thomas tries again to wrest the Americas Cup from the New-York Yacht Club LOC 4157965609.jpg

Following the disastrous [ clarification needed ] Bay of Quinte America's Cup challenge in 1881, the club's committee voted a new rule to govern its races: [29]

New York Yacht Club

The America's Cup challenges of 1885, 1886 and 1887 used this rule with an 85   ft (25.91   m) waterline length limit. In 1887, the NYYC adopted the Seawanhaka Corinthian Yacht Club 's rating rule, which handicapped length comparatively less. Then, in 1903, the NYYC changed its rating system to the "Herreshoff Rule", devised by the yacht designer, Nathanael Herreshoff . Later renamed the "Universal Rule", it would be adopted by the majority of leading American yacht clubs. The rule governed yacht design for almost forty years.

The America's Cup was held for 132 years, from 1851 until Australia II defeated Dennis Conner 's Liberty off Newport, Rhode Island in 1983 . This record remains the longest winning streak in sports history.

Since the loss of the Cup the NYYC has been forced to reinvent itself and the club has become involved in team racing , dinghy racing , youth sailing, and international regattas. In 2002 the Club hosted the Intercollegiate Sailing Association Sloop North American Championships. In 2006 the Club hosted the Blind Sailing World Championships . [30]

The NYYC entered 2021 America's Cup represented by the American Magic team, led by Terry Hutchinson and Bella Mente Quantum Racing Association. In May 2018, it was announced that Dean Barker will helm the boat. [31] "American Magic" references the first Cup winner, the yacht America , and the first defender, the yacht Magic . [32]

Engraving of spectators watching the annual regatta, late 19th century Regatta of the New York Yacht Club cph.3a03483.jpg

  • "Annual Regatta", started in 1846
  • NYYC Invitational Cup
  • 2005 Rolex Transatlantic Challenge
  • "New York Yacht Club Cruise", an annual series of races held in July or August
  • "Queen's Cup Trophy"
  • "Corsair Cup"
  • "Astor Cups"
  • "Solution Trophy"

The club has held a number of World Championships including J/70 World Championship , Melges 20 World Championship , Melges 32 World Championship , Etchells World Championship , Farr 40 World Championship , TP52 World Championship and 12-metre Worlds.

New York Yacht Club Landing in Newport c. 1910s N.Y. Yacht Club Landing - Newport LOC 2162645565.jpg

  • Winthrop W. Aldrich
  • Brooke Astor
  • John Jacob Astor , real estate mogul
  • Vincent Astor
  • George Fisher Baker
  • August Belmont
  • James Gordon Bennett Jr. , newspaper publisher
  • Michael Bloomberg , Mayor of New York City
  • John Nicholas Brown II , philanthropist
  • Frederick Gilbert Bourne
  • William F. Buckley , author and commentator
  • William A. Chanler , explorer, soldier and US Congressman
  • Robert H. Conn , Assistant Secretary of the Navy
  • Dennis Conner , racing yacht captain
  • William P. Cronan , 19th Naval Governor of Guam
  • Walter Cronkite , newscaster
  • Chris Dodd , United States senator
  • Pete DuPont , governor of Delaware
  • Elbridge Thomas Gerry
  • Jay Gould , railroad tycoon
  • James Alexander Hamilton, 3rd son of Alexander Hamilton, won first America's Cup in 1851
  • Alfred Walton Hinds , 17th Naval Governor of Guam
  • Charles Oliver Iselin
  • Charles O'Neal , politician
  • Arthur Curtiss James
  • Gary Jobson
  • Edward Kennedy Jr. , son of United States Senator
  • Dennis Kozlowski (resigned)
  • Herbert F. Leary , Vice admiral in the Navy
  • Lewis Cass Ledyard
  • John Lehman , Secretary of the Navy
  • Bernard Madoff (resigned)
  • Clarence Moore , businessman
  • J. P. Morgan , financier
  • J. P. Morgan Jr.
  • Junius Spencer Morgan III
  • Emil Mosbacher
  • Robert Mosbacher
  • Franklin Osgood (1826–1888), served three terms as Rear-Commodore; member of first America's Cup Committee (1869) [33]
  • Frank F. Olney (1851–1903), 18th Mayor of Providence, Rhode Island [34]
  • Trenor Luther Park elected 1883, owned the Sultana
  • Jonas M. Platt , major general in the Marine Corps
  • David Rockefeller , banker
  • Franklin D. Roosevelt , 32nd President of the United States
  • Gary Roughead , 29th Chief of Naval Operations, US Navy
  • Arthur J. Santry, Jr. Chief Executive Officer, Combustion Engineering and Commodore NYYC [35]
  • Elliott Fitch Shepard , lawyer and newspaper owner [36]
  • Alfred P. Sloan
  • George J. Smith , U.S. Congressman and cigar manufacturer [37]
  • John Cox Stevens
  • Olin Stephens , yacht designer
  • Ted Turner , media mogul
  • Cornelius Vanderbilt III , Army general
  • Harold Stirling Vanderbilt , railroad executive
  • Thomas Watson Jr.
  • List of American gentlemen's clubs

Sailboat design for club fleets

  • New York 36
  • Swan 47-2 ,
  • ClubSwan 42 ,
  • Melges IC37 ,
  • Sonar (keelboat)

Related Research Articles

The Royal Yacht Squadron ( RYS ) is a British yacht club. Its clubhouse is Cowes Castle on the Isle of Wight in the United Kingdom. Member yachts are given the suffix RYS to their names, and are permitted to wear the White Ensign of the Royal Navy rather than the merchant Red Ensign worn by the majority of other UK registered vessels. The club's patron was Queen Elizabeth II.

Boat racing is a sport in which boats, or other types of watercraft, race on water. Boat racing powered by oars is recorded as having occurred in ancient Egypt, and it is likely that people have engaged in races involving boats and other water-borne craft for as long as such watercraft have existed.

<span class="mw-page-title-main">Yacht club</span> Sports club specifically related to yachting

A yacht club is a boat club specifically related to yachting.

<i>America</i> (yacht) Racing yacht; 1st winner of the Americas Cup

America was a 19th-century racing yacht and first winner of the America's Cup international sailing trophy.

San Diego Yacht Club is a yacht club located in San Diego Bay. It is located in Point Loma across from a spit of land known as Shelter Island.

Larchmont Yacht Club is a private, members-only yacht club situated on Larchmont Harbor in the Village of Larchmont, in Westchester County, New York.

The Indian Harbor Yacht Club is a private yacht club in Greenwich, CT with a long and storied yachting tradition. The club, founded in 1889 in New York City by a group of prominent sportsmen, is based mainly around personally owned yachts and pleasure boats, but also has a long history of competitive races. The members have contributed to the sport of yachting and yacht design. The New York Times noted that "Indian Harbor ranks among the most influential institutions of its kind in the country." Membership in the club is by invitation only.

The Atlantic Yacht Club is a family-oriented yacht club located on the shores of Gravesend Bay in south Brooklyn. A storied member of the New York sailing community, the club is perhaps best known for its contributions to New York sailing in the late 19th and early 20th centuries, when it featured prominently as one of the leading yacht clubs of its day.

<span class="mw-page-title-main">John Rousmaniere</span> Author, editor, historian, sailor (born 1944)

John Pierce Rousmaniere is an American writer and author of 30 historical. technical, and instructional books on sailing, yachting history, New York history, business history, and the histories of clubs, businesses, and other organizations. An authority on seamanship and boating safety, he has conducted tests of equipment and sailing skills and led or participated in fact-finding inquiries into boating accidents. He has been presented with several awards for his writing and his contributions to boating safety and seamanship.

The 100 Guineas Cup , also known as the Hundred Guinea Cup , or the Cup of One Hundred Sovereigns , was a regatta in 1851 which was the first competition for the trophy later named America's Cup. The trophy was valued at 100 pounds-sterling which led to its various names, all variations on 100 Pound Cup . The race was won by the yacht America , leading to the trophy being renamed "America's Cup". The official event known as "The America's Cup" was founded in 1857, when the deed of gift established the racing regattas. The 1851 competition was a fleet race, whereas modern America's Cups finals are match races.

<span class="mw-page-title-main">Harlem Yacht Club</span> Yacht club in New York, United States

The Harlem Yacht Club , currently based on City Island in the New York City borough of The Bronx and incorporated in 1883, is the third oldest continuously functioning yacht club in the City of New York, the first being The New York Yacht Club, and followed by the Williamsburgh Yacht Club. The club currently has over 100 enrolled members in various membership categories.

<i>Widgeon</i> (pilot boat) New York Pilot boat

The Widgeon was a 19th-century yacht and Sandy Hook pilot boat, built in 1855 by James R. & George Steers for Daniel Edgar of the New York Yacht Club and designed by George Steers. She came in 17th in an unsuccessful America’s Cup defense in 1870. Widgeon was sold in 1871 to a group of New York pilots to replace the John D. Jones, which sank in a collision with the steamer City of Washington . New York pilots condemned the Widgeon as unseaworthy in 1879, which sparked a fight for steam pilot-boat service. In 1883 a decision was affirmed by the Supreme Court and the Board of Commissioners of Pilots that pilot boats could be "propelled" by steam.

<i>Gracie</i> (yacht) 19th-century racing yacht.

The Gracie was a 19th-century racing sloop yacht built in 1868 by James E. Smith shipyard at Nyack, New York. She raced the America's Cup defender Mischief in the trails off Sandy Hook in 1881. Gracie raced at the New York Yacht Club, Atlantic Yacht Club and other eastern yacht clubs. After a 42-year career in racing, she was sold in 1909 and converted to a freight boat sailing from Milton Point, off Long Island to New York.

<span class="mw-page-title-main">Franklin Osgood</span> American businessman and yachtsman

Franklin Osgood was a 19th-century businessman and yachtsman. He was one of the most experienced yachtsman having sailed for more than 23 years. He was owner and manager of the racing yachts Widgeon , Columbia , and Magic . He was the first defender and two-time winner of the America's Cup. Osgood was inducted into the America's Cup Hall of Fame in 2020.

<i>Dauntless</i> (ship, 1866) Schooner Yacht

The Dauntless was a 19th-century wooden yacht schooner, designed and built in 1866 by Forsyth & Morgan at Mystic Bridge, Connecticut, and owned and sailed by noted yachtsmen, among them James Gordon Bennett Jr. and Caldwell Hart Colt. She was first called the L'Hirondelle and later renamed the Dauntless . The Dauntless was in three Trans-Atlantic matches for the New York Yacht Club. She came in fourth in an unsuccessful America’s Cup defense in 1870.

<i>Fleetwing</i> (ship, 1865) Schooner Yacht

The Fleetwing was a 19th-century wooden yacht schooner, built in 1865 by Joseph D. Van Deusen and owned by yachtsman George Archer Osgood. She was one of the fastest yachts in the squadron. The Fleetwing was in the famous 1886 transatlantic ocean race for the New York Yacht Club. She came in 12th in an unsuccessful America’s Cup defense in 1870.

<i>Phantom</i> (yacht) Schooner Yacht

The Phantom was a 19th-century centerboard schooner-yacht built in 1865 by Joseph D. Van Deusen and first owned by yachtsman Henry G. Stebbins. She was one of the fastest yachts in the New York squadron. The Phantom won 1st place in the June 1867 New York Yacht Club regatta. She came in 7th place in an unsuccessful America's Cup defense in 1870. She was sold as a racing yacht several times before she went out of service in 1900.

<i>Idler</i> (yacht) Schooner Yacht

The Idler was a 19th-century schooner-yacht built in 1864 by Samuel Hartt Pook from Fairhaven, Connecticut, and owned by yachtsman Thomas C. Durant. She was one of the fastest yachts in the New York squadron. Idler came in 2nd place in the America’s Cup defense in 1870. She was sold as a racing yacht several times before she capsized and sank in 1900.

<i>Madeleine</i> (yacht) Schooner Yacht

The Madeleine was a 19th-century racing schooner-yacht built in 1868 by David Kurby in Rye, New York and owned by Commodore Jacob B. Voorhis. Madeleine was the winner of the America's Cup in 1876 and an American defender in the 1870 America's Cup. She won the two most desired trophies reserved for schooners, the Bennett and the Douglas Cups. In 1911, the Madeleine was dismantled and sunk at the mouth of the Hillsborough River, Florida.

<span class="mw-page-title-main">New York Yacht Club Building</span> Clubhouse in Manhattan, New York

The New York Yacht Club Building is a seven-story Beaux-Arts clubhouse at 37 West 44th Street in the Midtown Manhattan neighborhood of New York City. Opened in 1901, the building was designed by architect Whitney Warren of Warren and Wetmore as the sixth clubhouse of the New York Yacht Club (NYYC). The clubhouse is part of Clubhouse Row, a concentration of clubhouses on 44th Street between Fifth and Sixth Avenues. The building is a New York City designated landmark and is listed on the National Register of Historic Places as a National Historic Landmark.

  • ↑ Landlocked Berth for Boat Lovers; New York Yacht Club Spruces Up Its Grand Home And Finds It Can Thrive Without America's Cup , James Barron, The New York Times , 03 Feb 2001, "The effort to add fresh blood to the blue blood has increased the roster to about 3,000 members."
  • ↑ "CAMPAIGN FOR 36TH AMERIca's CUP PAIRS TWO SUCCESSFUL AMERICAN RACING PROGRAMS WITH NEW YORK YACHT CLUB - News - New York Yacht Club" .
  • 1 2 3 "New York Yacht Club" . National Historic Landmark summary listing . National Park Service. 2007-09-17. Archived from the original on 2008-01-06.
  • 1 2 3 " "New York Yacht Club", October 1985, by James H. Charleston" . National Register of Historic Places Inventory-Nomination . National Park Service. October 1985.
  • ↑ Gray, Christopher (1991-09-08). "Streetscapes: The McFarlane-Bredt House; The Old Yacht Club On Staten Island" . The New York Times . ISSN   0362-4331 . Retrieved 2022-10-26 .
  • ↑ Verde, Tom (1999-12-26). "The View From/Mystic; New York Yacht Club Reclaims Its Clubhouse" . The New York Times . ISSN   0362-4331 . Retrieved 2022-10-26 .
  • ↑ http://dictionaryofarchitectsincanada.org/architects/view/310 Whitney Warren Dictionary of Architects in Canada
  • ↑ "New York Yacht Club--Accompanying photo, exterior, undated" . National Register of Historic Places Inventory-Nomination . National Park Service. October 1985.
  • ↑ Slatin, Peter (May 9, 1993). "Penn's Racing to Join Clubhouse Row" . New York Times . Archived from the original on November 30, 2020 . Retrieved November 2, 2020 .
  • ↑ Chao, Eveline (January 7, 2022). "It Wasn't Just the Pandemic That Closed the Princeton Club" . Curbed . Archived from the original on November 3, 2022 . Retrieved November 3, 2022 .
  • ↑ "Williams Club in New York moves to Penn Club building" .
  • ↑ "The Columbia Club's New Home" . Columbia College Today . July 5, 2017 . Retrieved October 30, 2021 .
  • ↑ Skelding, Conor (August 4, 2016). "Columbia, Princeton clubs at impasse over residence agreement" . Politico . Retrieved October 29, 2021 .
  • ↑ "NYYC - Harbour Court" . 2023-06-29.
  • ↑ "Who founded the New York Yacht Club today in 1844?" . Grateful American Foundation . 2015-07-12 . Retrieved 2021-10-23 .
  • ↑ Clary, Suzanne. "A Legacy of Sailing: Owners of the Jay Estate & Yachting in New York 1843 - 1966". Rye Magazine: Weston Magazine, Inc. (38): 244. Retrieved January 2, 2016 – via issuu.
  • ↑ "New York Yacht Club" . National Sailing Hall of Fame . Retrieved 2021-10-23 .
  • ↑ "Yacht Clubs of NY" . bklyn-genealogy-info.stevemorse.org . Retrieved 2021-10-23 .
  • ↑ "The Yachts and the Coming Race; Visiting the Cambria, Dauntless and America--Arrangements for the Great Race on Monday Next--The Entries--The Course, &c" (PDF) . The New York Times . New York, New York. 4 August 1870 . Retrieved 2021-06-13 .
  • ↑ Richard H. Barker 'The yacht club march: march and two-step: for piano' (Toronto   : Whaley, Royce & Co., c1895)
  • ↑ Melissa H. Harrington The New York Yacht Club, 1844-1994 (Lyme, Conn.: Greenwich Pub. Group, 1994)
  • ↑ "Yachting: Commodore Morgan Gives the New-york Club a Site for a House to Race for the Canadian Cup Yacht Associations Meet". New-York Tribune . October 28, 1898. p.   4. ProQuest   574511646 .
  • 1 2 "Commodore Morgan's Gift; Presents Three Lots to the N.Y. Yacht Club for a New Home" . The New York Times . October 28, 1898. ISSN   0362-4331 . Archived from the original on October 26, 2022 . Retrieved October 26, 2022 .
  • ↑ "New Yacht Club House; Commodore Morgan Buys a 75-Foot Frontage in Forty-fourth Street for a Site" . The New York Times . October 29, 1898. ISSN   0362-4331 . Archived from the original on October 26, 2022 . Retrieved October 26, 2022 .
  • ↑ "Com Morgan Pays $148,000.: Loses No Time in Making Good His Offer to Provide Site for New Clubhouse for New York Yacht Club". Boston Daily Globe . October 29, 1898. p.   5. ProQuest   498954045 .
  • ↑ "N.Y.Y.C. Honors J.P. Morgan: Silver Loving Cup Presented to the Club's Ex-commodore". The New York Times . January 30, 1901. p.   7. ISSN   0362-4331 . ProQuest   1013633831 .
  • ↑ "Harriman Gets Chicago Lines.: Terminal Transfer Company's Stock Reported in Control of Eastern Man. Details of the Deal. Charity Ball for Benefit of Nursery and Childs' Hospital a Success. General New York News". Chicago Tribune . January 30, 1901. p.   5. ProQuest   173095798 .
  • ↑ Thomas W. Lawson (1902). The Lawson history of the America's Cup . ISBN   978-0-907069-40-9 .
  • ↑ Hargraves, Carly (January 30, 2006). "2006 IFDS Blind Sailing World Championships - Yachting Australia" . www.yachting.org.au . Yachting Australia. Archived from the original on October 6, 2015 . Retrieved 2015-10-01 .
  • ↑ "Dean Barker leads Kiwi quartet as helmsman for New York's 2021 America's Cup bid" . May 2018.
  • ↑ Alan Baldwin (27 March 2018). Ed Osmond (ed.). "Sailing: 'American Magic' to challenge for 2021 America's Cup" . Reuters .
  • ↑ "Yachting. Meeting of the New York Yacht Club" . New York Daily Herald . New York, New York. 6 Feb 1869. p.   7 . Retrieved 2021-06-09 .
  • ↑ "Frank F. Olney" . The American Journal of Philately . New York, NY: The Scott Stamp and Coin Co. 1 Oct 1903. p.   353 . Retrieved 20 May 2015 .
  • ↑ Lambert, Bruce (26 February 1993). "Arthur J. Santry Jr., 74, Is Dead; Headed Combustion Engineering" . The New York Times . Retrieved 23 August 2023 .
  • ↑ Homans, James E., ed. (1918). The Cyclopedia of American Biography . The Press Association Compilers. pp.   299–300.
  • ↑ Hamersly, L.R.; Leonard, J.W.; Mohr, W.F.; Knox, H.W.; Holmes, F.R. (1914). Who's who in New York City and State . Cornell Library New York State Historical Literature. L.R. Hamersly Company. p.   666 . Retrieved 9 March 2022 .
  • New York Yacht Club by New York Yacht Club and Rarebooksclub.com (Mar 4 2012). ISBN   1130831000
  • The History of Yachting, 1600–1815 by Arthur H. Clark; pub. under authority and direction of the New York Yacht Club (New York   ; London   : G.P. Putnam's Sons, 1904)
  • Official website
  • One Vanderbilt
  • 3 E 57th St
  • 7 E 44th St
  • 12 E 53rd St
  • 18 E 50th St
  • 19 E 54th St
  • 100 E 53rd St (Selene)
  • 138 E 50th St
  • 252 E 57th St
  • 245 Park Av
  • 270 Park Av
  • 277 Park Av
  • 299 Park Av
  • 345 Park Av
  • 383 Madison Av
  • 399 Park Av
  • 400 Madison Av
  • 425 Park Av
  • 432 Park Av
  • 450 Lexington Av
  • 450 Park Av
  • 488 Madison Av (Look Bldg)
  • 500 Park Av
  • 525 Lexington Av
  • 550 Madison Av (Sony Bldg)
  • 569 Lexington Av
  • 590 Madison Av (IBM Bldg)
  • 599 Lexington Av
  • 731 Lexington Av
  • Apple Fifth Avenue
  • Cartier Bldg
  • CBS Studio Bldg
  • Central Synagogue
  • Charles Scribner's Sons Bldg
  • Chrysler Bldg
  • Church of Sweden in New York
  • Citigroup Ctr
  • DuMont Bldg
  • Fifth Church of Christ, Scientist
  • Fred F. French Bldg
  • Fuller Bldg
  • General Electric Bldg
  • General Motors Bldg
  • Graybar Bldg
  • Helmsley Bldg
  • Lever House
  • Lipstick Bldg
  • MetLife Bldg
  • Modulightor Bldg
  • William H. Moore House
  • Olympic Tower
  • Park Avenue Plz
  • Park Avenue Tower
  • Saks Fifth Avenue
  • St. Agnes Church
  • St. Bartholomew's Episcopal Church
  • St. Patrick's Cathedral
  • Seagram Bldg
  • Tiffany & Co.
  • Trump Tower
  • Villard Houses
  • William and Helen Ziegler House
  • Grand Central Palace
  • Hotel Marguery
  • Mrs. O. H. P. Belmont House
  • Sherwood Studio Building
  • St. Nicholas Collegiate Reformed Protestant Dutch Church
  • Studebaker Building
  • Temple Emanu-El
  • Union Carbide Building
  • Vanderbilt Triple Palace
  • William K. Vanderbilt House
  • West Presbyterian Church

Sports icon.png

  • Search Search Please fill out this field.

Dwayne Johnson's Net Worth

The superstar actor makes millions from his films, successful tequila brand, and endorsements

new york yacht club net worth

Gilbert Flores / Variety via Getty Images

Key Takeaways

  • Superstar Dwayne "The Rock" Johnson has an estimated net worth of $800 million, according to Celebrity Net Worth.
  • Johnson can earn more than $20 million per film, according to Forbes.
  • Johnson reportedly was paid about $30 million for joining the board of and agreeing to be a part of WrestleMania 40, according to Wrestling Inc.
  • The actor's premium tequila brand, Teremana, has sold more than 1 million cases across North America annually as of 2023.
  • Johnson has a new skincare line and a line of athletic wear with Under Armour.

Dwayne "The Rock" Johnson is the latest celebrity to launch a skincare line—Johnson's brand, Papatui, hit the market last weekend and is available at Target and on the brand's website.

It's the latest business venture for Johnson, one of Hollywood's highest-paid actors. He has his own tequila brand, a clothing line, a production company and endorsement deals with major brands.

Johnson has an estimated net worth of $800 million according to Celebrity Net Worth. From his story of starting with just $7 in his pocket, here's how The Rock built his million-dollar empire.

Johnson makes millions from his career as an actor.

Johnson can earn more than $20 million per film, according to Forbes . He also gets an additional seven-figure fee to promote his films to his millions of social media followers , Forbes said .

In 2022, Johnson brought in a total of $270 million, thanks in part to his salaries from films "Red Notice" and "Jungle Cruise." Johnson reportedly was paid $22 million for "Jungle Cruise" according to TMZ. While Johnson's "Red Notice" co-stars made about $20 million each, he made "millions more," because of his role as one of the film's main producers, according to Variety .

Johnson is said to have earned an estimated $50 million for the upcoming Christmas film "Red One," the biggest salary of his acting career so far, according to The Direct.

The actor also makes money from deals with studios in which he gets a cut of the film's box office revenue on top of his lofty salaries. Many of Johnson's action-packed films like the "Fast and Furious" and "Jumanji" franchises have been global blockbuster hits, earning close to $1 billion at the box office.

The star has also acted in HBO's series "Ballers," where he earned about $650,000 per episode according to Celebrity Net Worth. Johnson also starred as himself on the NBC series "Young Rock," based on his childhood. He is also the host and creator of the competition show, "The Titan Games" on NBC.

Before he was an actor, Johnson was a champion wrestler in the late '90s and early 2000s, where he got his nickname. He won eight WWE Championships as "The Rock."

In January, Johnson joined the board of TKO Group Holdings Inc. ( TKO ), the publicly traded company that owns UFC and WWE. He reportedly earned about $30 million for joining the board and agreeing to return to the ring in WrestleMania 40 in April, according to Wrestling Inc.

Brands and Businesses

While Johnson's expansive and lucrative acting career has made him millions, his other businesses have made his wealth skyrocket.

In 2020, Johnson launched his premium tequila brand, Teremana Tequila. Since then, the liquor brand has sold more than 1 million cases across North America annually as of 2023. Teremana is the fastest-growing tequila of all time, according to Forbes.

Johnson also has a line of athletic apparel called Project Rock, with Under Armour Inc. ( UAA ). His line includes shoes, athletic wear, and even headphones. In 2022, Project Rock signed a multiyear deal with mixed-martial arts organization Ultimate Fighting Championship (UFC) for its athletes to wear the brand's shoes during promotional events leading up to matches, according to Bloomberg .

Johnson has also had partnerships with Apple Inc. and Ford Motor Co.

In addition, the superstar has his own production company, Seven Bucks Productions. The company has produced several of Johnson's films and TV shows such as "Jumanji," "Jungle Cruise," "Red One," "Young Rock," and more.

People. " Dwayne Johnson Debuts Skincare Line Papatui ."

Celebrity Net Worth. " The Rock Net Worth ."

Forbes. " Three Reasons Dwayne Johnson’s ‘Seven Bucks’ Story Is Worth Repeating ."

Forbes. " Why The Rock's Social Media Muscle Made Him Hollywood's Highest-Paid Actor ."

Forbes. " The Highest-Paid Entertainers of 2022 ." (Subscription required.)

TMZ. " The Rock Got Paid $13 Million More Than Emily Blunt for Disney's 'Jungle Cruise' Film ."

Variety. " ‘Red Notice’ Stars Dwayne Johnson, Gal Gadot and Ryan Reynolds Score Massive Paydays (EXCLUSIVE) ."

The Direct. " Dwayne Johnson Gets Paid Record-Breaking Salary on Next Movie (Report) ."

IMDB. " Dwayne Johnson Top 10 Highest-Grossing Movies ."

WWE. " Dwayne "The Rock" Johnson ."

Wrestling Inc. " Details On How Much The Rock Is Reportedly Being Paid by WWE, TKO ."

PR Newswire. " TEREMANA® TEQUILA'S RECORD SALES OF ONE MILLION CASES SOLD ANNUALLY DRIVEN BY CUSTOMER DEMAND FOR QUALITY AND AUTHENTICITY. BRAND ANNOUNCES DISTILLERY EXPANSION TO MEET GROWING MARKET NEEDS, WHILE MAINTAINING ITS HAND-CRAFTED PROCESS ."

Forbes. " Dwayne Johnson Talks About Launching Teremana, the Fastest-Growing Tequila of All Time ." (Subscription required.)

Bloomberg. " Dwayne Johnson’s Project Rock Signs Multiyear Deal With UFC ." (Subscription required.)

Seven Bucks. " Projects ."

new york yacht club net worth

  • Terms of Service
  • Editorial Policy
  • Privacy Policy
  • Your Privacy Choices

new york yacht club net worth

IMAGES

  1. Photos: Inside the Exclusive New York Yacht Club in NYC

    new york yacht club net worth

  2. Photos: Inside the Exclusive New York Yacht Club in NYC

    new york yacht club net worth

  3. Daytonian in Manhattan: The 1901 New York Yacht Club

    new york yacht club net worth

  4. This is the Interior of "The New York Yacht Club" which is located at

    new york yacht club net worth

  5. NY Yacht Club facade

    new york yacht club net worth

  6. New York Yacht Club (New York City)

    new york yacht club net worth

COMMENTS

  1. MIKI NAFTALI • Net Worth $500 Million • House • Yacht

    Miki Naftali, born June 7, 1962, is the dynamic force behind the esteemed Naftali Group and is known for his contributions to the New York City real estate scene. With over 18 buildings housing more than 1,300 residential units, the Naftali Group significantly influences NYC's architectural landscape. Miki Naftali features in the Top 100 of ...

  2. Photos: Inside the Exclusive New York Yacht Club in NYC

    Located on 37 West 44th Street, the New York City Yacht Club is a private social and yachting club founded by a prominent New Yorker named John Cox Stevens. Originated on July 30th, 1844, the ...

  3. Stepping inside the super-exclusive New York Yacht Club where the

    On August 22, 1851, the full-size 101-foot schooner, built by New York Yacht Club commodore and founder John Cox Stevens, raced against 15 English yachts from the UK's Royal Yacht Squadron in an ...

  4. New York Yacht Club

    New York Yacht Club Building, 1901. The present primary clubhouse is the New York Yacht Club Building, a six-storied Beaux-Arts landmark with a nautical-themed limestone facade, at 37 West 44th Street in Midtown Manhattan.Opened in 1901, the clubhouse was designed by Warren and Wetmore (1898), who later helped design Grand Central Terminal. The centerpiece of the clubhouse is the "Model Room ...

  5. About Us

    The New York Yacht Club. On July 30, 1844, John Cox Stevens (1785-1857) and eight of his friends met aboard Stevens' yacht Gimcrack, anchored off the Battery in New York Harbor. That afternoon, they established the New York Yacht Club (NYYC) and made three critical decisions that day: first, they elected Stevens as Commodore of the Club ...

  6. Who Lives In Newport's Mansions? How New Money May Change The Town

    With a net worth of around $116 billion, Larry Ellison is the seventh-richest person in the world. ... It was a deciding factor in the New York Yacht Club's purchase of Harbour Court as an ...

  7. Home

    About the Club. On July 30, 1844, John Cox Stevens (1785-1857) and eight of his friends met aboard Stevens' yacht Gimcrack, anchored off the Battery in New York Harbor. That afternoon, they established the New York Yacht Club (NYYC) and made three critical decisions that day: first, they elected Stevens as Commodore of the Club; second, they ...

  8. About Us

    About Us. Founded in 2007, the New York Yacht Club Foundation has contributed $8.1 million to fund much needed capital projects in both New York and Newport. The care and maintenance of these historic buildings require constant attention and is only made possible by the support of the New York Yacht Club Foundation. Make a donation.

  9. New York Yacht Club

    Read sailed as the tactician for the New York Yacht Club team—skippered by John Hele—in 2017. New York Yacht Club. 37 West 44th Street New York, NY 10036 USA +1 (212) 382-1000. Fax: +1 (212) 391-6368. New York Yacht Club Harbour Court. 5 Halidon Avenue Newport, RI 02840 USA +1 (401) 846-1000.

  10. Category:Members of the New York Yacht Club

    Yachts of New York Yacht Club members‎ (32 P) Pages in category "Members of the New York Yacht Club" The following 48 pages are in this category, out of 48 total. This list may not reflect recent changes. B. W. W. Behrens Jr. George H. Bend; James Gordon Bennett Jr. C. Ledyard Blair;

  11. New York Yacht Club

    New York Yacht Club. New York, NY; Tax-exempt since Aug. 1934 EIN: 13-1102800; Receive an email when new data is available for this organization. ... Net Assets $48,714,024 : Club or Co-Op Income; Initiation Fees & Contributions $3,090,220 : Income From Public Use of Club Facilities $2,224,100 :

  12. New York Yacht Club

    A summer cruise among New York Yacht Club members has been an annual event ever since, with the exceptions of 1861, 1898, and the war years of 1917-1920 and 1941-1945. In 1998, the club celebrated the 100th anniversary of its first cruise to Maine. A rich and storied history of the New York Yacht Club is available on their website:

  13. JAMES SIMONS • Net Worth $29 billion • House • Yacht

    His net worth is now $29 billion, earning US$ 1.7 billion in 2017 alone. His Simons Foundation supports education and health projects. He donated US$ 200 million to the Stony Brook University of New York. His yacht is named after the Greek mathematician Archimedes. He also owns a US$ 70 million Gulfstream G650 private jet (N773MJ). Resources

  14. New York Yacht Club Foundation

    New York Yacht Club Foundation. New York, NY; Tax-exempt since July 2007 EIN: 20-8288446; Receive an email when new data is available for this organization. Organization summary. Type of Nonprofit ... Net Assets $6,897,983 : Compensation. Key Employees and Officers Compensation

  15. Cornelius Vanderbilt III

    Vanderbilt Family Mausoleum, Staten Island, New York: Other names: Neily: Education: Yale University (BA, BPh, ME) ... He was commodore of the New York Yacht Club from 1906 to 1908. In 1910, he skippered his 65-foot sloop Aurora to victory in the New York Yacht Club's race for the King Edward VII Cup in Newport, RI.

  16. Clubhouses

    On Friday, June 10, 1988, 1,500 New York Yacht Club members and guests attended the first commissioning of Harbour Court, the club's first permanent waterfront facility. Standing on eight acres overlooking Brenton's Cove, the Renaissance Norman-style mansion was completed in 1906 for the John Nicholas Brown family. John Nicholas Brown was ...

  17. Where is America's Ex-Yacht Captain Dennis Conner Now?

    Conner has also won two Star World Championships and has been a member of the New York Yacht Club and Yacht Club de Monaco. Having won America's Cup four times (as a tactician in '74, and skipper in '80, '87, '88) and losing it twice ('83, '95), he marked his last participation in the competition in the year 2003.

  18. How Bored Ape Yacht Club Created a Billion-Dollar Ecosystem of NFTs

    This summer, 101 of Yuga Labs' Bored Ape Yacht Club tokens, which were first minted in early May, resold for $24.4 million in an auction hosted by the fine-art house Sotheby's. Competitor ...

  19. New York Yacht Club

    The New York Yacht Club (NYYC) is a private social club and yacht club based in New York City and Newport, Rhode Island.It was founded in 1844 by nine prominent sportsmen. The members have contributed to the sport of yachting and yacht design. As of 2001, the organization was reported to have about 3,000 members. [1] Membership in the club is by invitation only.

  20. How Much Does a New York Yacht Club Membership Cost?

    The New York Yacht Club, said to be the best club in the world by sailors, is located in New York City and New Port, Rhode Island. It was founded in 1844 by a group of yachtsmen at the time. The club was established in 1844, making it one of the oldest clubs in New York. ... Was it worth it?

  21. New York Yacht Club (NYYC)

    Who funds New York Yacht Club (NYYC) Grants from foundations and other nonprofits. Grantmaker Grantmaker tax period Description Amount; The Charles Butt Foundation: ... Net rental income: $0: $0-Net gain from sale of non-inventory assets: $158,356: $485,785-67.4%: Net income from fundraising events: $0: $0-Net income from gaming activities: $0: $0-

  22. Dennis Conner

    Sailing career. Conner was born September 16, 1942, in San Diego. He competed in the 1976 Olympics together with Conn Findlay and took the bronze medal in the Tempest class. Conner also took part in the 1979 Admiral's Cup, as helmsman on the Peterson 45 named Williwaw.. America's Cup. Conner has won the America's Cup three times, successfully defending the Cup in 1980, and 1988 and winning as ...

  23. Dwayne 'The Rock' Johnson's Net Worth

    Dwayne "The Rock" Johnson has an estimated net worth of $800 million, according to Celebrity Net Worth. ... publisher, and philanthropist, and a former mayor of New York City. ... Bored Ape Yacht ...

  24. At the Yacht Club de Monaco the inauguration ceremony of the first

    MONACO, March 21, 2024 (GLOBE NEWSWIRE) -- Combining adventure and innovation. At the Yacht Club de Monaco the inauguration ceremony of the first Explorer Dock took place, as part of the ...

  25. History & Heritage

    ABOUT THE NEW YORK YACHT CLUB 1844. Published Date Sep 13, 2019. The Isle of Wight in the Solent has long been the epicenter of yachting in England. In 1851, a schooner painted black arrived there looking to win races. This was the yacht America, owned by John Cox Stevens, the first commodore of the NYYC and other club members.