rich man in yacht

10 of the most impressive superyachts owned by billionaires

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

Words: Jonathan Wells

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

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

Eclipse, owned by Roman Abramovich

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

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

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

Sailing Yacht A, owned by Andrey Melnichenko

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

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

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

Symphony, owned by Bernard Arnault

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

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

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

Faith, owned by Michael Latifi

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

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

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

Amevi, owned by Lakshmi Mittal

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

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

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

Odessa II, owned by Len Blavatnik

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

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

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

Nautilus, owned by Thierry Stern

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

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

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

Silver Angel, owned by Richard Caring

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

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

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

Lady Beatrice, owned by Frederick Barclay

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

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

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

Space, owned by Laurence Graff

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

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

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

Want more yachts? Here’s the handcradfted, homegrown history of Princess…

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Who is Guo Wengui, the Chinese billionaire who owns the boat Steve Bannon was arrested on?

WASHINGTON — Earlier this month, a sunburned Steve Bannon , holding a lit cigar and wearing a blue polo shirt with the collar turned up, stood in front of a camera on a yacht owned by his friend Guo Wengui, a Chinese billionaire.

A YouTube video shows Wengui putting his arm around Bannon as the former Trump campaign chairman denounces the Chinese government and extols the alleged benefits of hydroxychloroquine to treat COVID-19. The vessel's lavish interior gleams in the background.

On Thursday, Bannon was arrested by federal agents on that same yacht off Westbrook, Connecticut, and booked into jail on fraud charges. Though the charges appear to have nothing to do with the Chinese businessman, the arrest puts a new spotlight on Bannon's relationship with Guo, a controversial figure with his own history of legal entanglements.

Multiple people familiar with the matter tell NBC News there is a separate federal inquiry involving a company linked to both men, GTV Media Group. As The Wall Street Journal first reported Wednesday, the FBI, the New York state attorney general and the Securities and Exchange Commission are examining whether securities laws were violated during a $300 million private offering by the company this spring, the sources say. In a memo to potential investors, according to The Journal, the company identified Bannon as one of several prominent directors.

News Bannon and 3 others charged in scheme stemming from 'We Build The Wall' campaign

Last month, investigators with the Mercer Island Police Department in Washington state took an incident report from an unidentified victim who had become an investor in GTV Media Group Inc., with the promise it was launching a video-sharing platform, similar to YouTube, "that was supposed to go huge," according to an official familiar with the matter. The investor wired $500,000 to receive shares in the company by the end of May, but never received shares and wasn't able to get in contact with the reported suspect, the report stated. As of July 10, local authorities noted that no crime had been charged, and the FBI was investigating the matter.

The Mercer Island PD incident report identified the suspect as Guo Wengui, describing him as a "billionaire" based out of New York, and noted there were other victims. When Mercer Island police contacted the FBI, local investigators learned that Wengui appeared "to be a target of a large investigation personally and pertaining to his business," according to an official familiar with the matter.

When they followed up, investigators in Washington learned FBI agents had been investigating the case for about a month. "The victims that have been calling the FBI, FTC, and local police agencies have been reporting fraud for a failure to return on promised investments," the official said.

Guo's lawyer declined to comment, and Guo himself could not be reached.

Guo, who sometimes goes by Miles Kwok, is a mysterious and polarizing figure — a self-styled crusader against Chinese Communist corruption who has drawn the ire of the Chinese government but has also been sued by other Chinese dissidents. A former female employee alleges in an ongoing lawsuit that he repeatedly raped her, a charge he disputes. And a former Trump aide, Sam Nunberg, is among many who have sued Guo alleging defamation; he denies the allegations.

"Utilizing his world-wide publicity, high profile, social media accounts, and seemingly endless financial means, Defendant Guo regularly uses his public platform and power to defame and harass his enemies," Nunberg's suit says. "In this case, Guo set his sights on destroying Plaintiff Samuel Nunberg's reputation and livelihood by filing baseless litigation against him and slandering Nunberg with malicious, false lies which discredit Nunberg both personally and professionally." Nunberg's suit is ongoing.

Guo, who by all accounts made his money in real estate and securities, portrays himself in interviews and court records as an exiled whistleblower, proving an inside account of breathtaking corruption at the heart of the Chinese system.

"Guo is a pioneer of using YouTube and Twitter to fight for the rule of law, human rights, freedom and democracy in China," his lawyers wrote in court papers in a federal lawsuit in Maryland against a self-described Chinese democracy activist. "Guo has exposed widespread corruption in the Chinese Communist Party ('CCP'), multiple senior officials of the Chinese Government, and their family members."

That lawsuit itself offers an illustration of the divisions of opinion about Guo: The defendant, Hongkuan Li, a well known dissident who says he participated in the 1989 Tiananmen Square protests, accused Guo on social media of being a "gangster," a "communist spy puppy," "a rapist" and of "suffering from schizophrenia," Guo's lawyers wrote, charges they say are all false.

That lawsuit purports to recount Guo's history, which includes a 1989 incident he says turned him against the Chinese government.

As police sought to arrest him for supporting the Tiananmen protests, the suit says, "Two drunken policemen raided Guo's office and fired their weapons directly at his young wife, who was holding his three-month-old baby daughter. His younger brother…tried to protect Guo's wife and daughter and was shot twice in the altercation," the suit says.

Guo's brother was sent to the hospital, the suit says, but "the policemen who shot him instructed the doctors to refuse him any medical care and locked the door." As a result, he died, and Guo "vowed to become a persistent and brave advocate against the Chinese kleptocracy," the suit says.

As a New York Times magazine profile pointed out in 2018, that timeline doesn't appear to explain why Guo spent the next two decades growing rich in China through real estate development, a business that typically requires close cooperation with government officials even in democracies, let alone an authoritarian state like China. In nearly three decades after his brother's death, there is no record of Guo taking a public stand against the party he says caused it, the Times wrote.

There are darker allegations against Guo than hypocrisy, however. A lawsuit filed in New York state by a 28-year-old Chinese woman says Guo lured her to the U.S. from China to work as his assistant and then kept her prisoner for three years, repeatedly assaulting and raping her. The suit says she escaped while in London and went to the Chinese embassy, and that she filed a criminal complaint with Chinese authorities.

Guo's lawyers have denied the allegations in court papers. A lawyer for Guo told NBC News that Guo reiterated his denial of the allegations.

In a statement, the lawyer for Guo also said, “Mr. Guo is aware of the situation involving Mr. Bannon who has been a strong ally in fighting for freedom and democracy in China. Mr. Guo’s past efforts with Mr. Bannon in fighting for democracy in China had nothing to do with the We Build the Wall organization or Mr. Bannon’s activities with that organization. Mr. Guo appreciates that unlike the Chinese Communist Party, the United States of America affords all individuals accused in the United States, including Mr. Bannon, the presumption of innocence and the right for a fair trial before an impartial judge.”

In 2017, as Guo's public profile in the U.S. began to grow, a journalist from the Voice of America, a government-funded news service, arranged to interview him. The plan was to broadcast a live interview for three hours on social media, but top officials at Voice of America ordered it stopped after an hour and 20 minutes, according to documents and interviews, because they were concerned he was making unverified allegations.

Guo accused the VOA of having been infiltrated by Chinese intelligence, a serious charge that threw the agency into turmoil. But an investigation by independent journalism experts—and a separate State Department inspector general's inquiry — concluded that the decision was based solely on journalistic principles, VOA officials said. The journalist who arranged the interview, the chief of VOA's Mandarin Service, was fired.

In a 2019 tweet, the journalist, Sasha Gong, quoted Bannon as saying, "Voice of America tried to clear out all truth-tellers about China in Mandarin Service. VOA executives betrayed American people, Chinese people."

Earlier this year, a Bannon ally, Michael Pack, became the head of the U.S. Agency for Global Media, which includes the VOA, after a long confirmation delay in his Senate confirmation.

The veteran journalists in charge of the VOA, Amanda Bennett and Sandra Sugawara — both of whom were involved in the decision to stop the Guo interview — immediately resigned.

Ken Dilanian is the justice and intelligence correspondent for NBC News, based in Washington.

Andrew Blankstein is an investigative reporter for NBC News. He covers the Western U.S., specializing in crime, courts and homeland security. 

Tom Winter is a New York-based correspondent covering crime, courts, terrorism and financial fraud on the East Coast for the NBC News Investigative Unit.

Katy Tur is the host of "MSNBC Live" at 2 p.m. and a correspondent for NBC News. She is the author of the New York Times best seller "Unbelievable," about her time covering Donald Trump during the 2016 election, for which she also won a Cronkite Award.

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World’s Richest Yacht Owners

The world’s richest yacht owners.

It’s no surprise that owning a yacht is popular among the billionaire class. It’s not uncommon for billionaires around the world to not only own one luxury superyacht, but multiple yachts. Not to mention tenders and other high-tech watercrafts. Some of the richest people in the world own some of the largest, most expensive mega yachts. We take a look at some of the world’s richest yacht owners and the luxury vessels they have bought.

Bernard Arnault

Worth a whopping $156.8 billion in 2021, Bernard Arnault is a French businessman and art collector most known as the chairman and chief executive of LVMH Moët Hennessy Louis Vuitton. He is currently the third richest person in the world. 1 LVMH is a French multinational conglomerate and the world’s largest luxury-goods company. Renowned brands such as Dior, Givenchy, Bulgari, and Tiffany & co. are owned by this corporation.

Bernard Arnault Yacht

Bernard Arnault owns the 101.5-meter motor yacht Symphony . Built in the Netherlands by Feadship, this luxury super yacht has four main engines and can carry 20 passengers and 38 crew. A 6-meter glass-bottom swimming pool and outdoor cinema are some of the vessel’s standout features.

Larry Ellison

Worth $90.6 billion in 2021, Larry Ellison is an American business magnate and investor. One of the most famous yacht owners, he is best known for being the co-founder and executive chairman of Oracle Corporation. Oracle Corporation is an American multinational computer technology corporation known as the world’s largest database management company.

Larry Ellison Yacht

Larry Ellison owns the 87.78-meter motor yacht Musashi . Built in the Netherlands by Feadship in 2011, this five-deck super yacht can accommodate 18 guests and 24 crew. Its exterior was inspired by Japanese design and Art Deco style. An outdoor gym and spa are only a few of the vessel’s luxury amenities.

The eighth richest man in the world as of 2021, Larry Page is worth $90.3 billion. He is an American computer scientist and internet entrepreneur best known as one of two co-founders of Google. Google is an American multinational technology company specializing in internet-related services and products which includes the world’s most used search engine, online advertising platforms, and cloud computing.

Larry Page Yacht

Larry Page owns the 58.8-meter motor yacht SENSES . Built and launched by German yacht builder Fr. Schweers Shipyard in 1999, it went under its latest yacht refit in 2015. This luxury yacht sleeps up to 12 guests with accommodations for 14 crew. An expedition yacht, SENSES  features a large helipad, ice-strengthened hull, and three high-speed tenders.

Yacht Management South Florida, Inc. specializes in complete yacht care . As such, we offer premier maintenance services at our South Florida marina including boat bottom cleaning , and hull painting. Our certified yacht technicians can also go to your yacht to provide dockside assistance and emergency yacht repair services .

Contact us today to schedule any technical work or learn more about out our extensive yacht maintenance services and first-class yacht management program!

Additional Reading

• Top 5 Largest Yachts in The World
• List of Famous Yachts in Movies
• Dorothy Neufeld, Visual Capitalist – The Richest People in the World in 2021

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The superyachts owned by tech moguls

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

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

Larry Ellison

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

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

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

More about this yacht

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

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

Yachts for charter

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

Charles Simonyi

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

Sergey Brin

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

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

Barry Diller

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

Mark Zuckerburg

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

Eric Schmidt

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

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

Evan Speigel

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

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The 5 Most Expensive Superyachts in the World

By Brett Berk

Though superyachts are already among the most costly consumer items available for purchase, the prices of the most expensive superyachts in the world are still astounding. In recent decades, those with money to burn have settled on these floating palaces as an ideal locus for demonstrating their prosperity, and as such, the global superyacht industry is undergoing a golden age. The world’s über-wealthy think of their superyachts as toys, and they’re constantly trying to outdo each other in scale, design, amenities, materials, and sheer profligacy.

Knowing this, what features does it take to own one of the most expensive superyachts in existence? And how much do these opulent vessels actually cost? To that end, AD has compiled a list of the five priciest superyachts currently out on the water. As with many things connected to the very wealthy, details are shrouded in secrecy—often intentionally—to protect privacy or to shield the assets from taxation or seizure. Below, dive into the five reportedly most expensive superyachts in the world.

5. Dubai ($400 million)

This 531-foot yacht is reportedly owned by United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai. Though it was originally planned for another Middle Eastern potentate, Prince Jefri Bolkiah of Brunei, he suddenly voided the contract in 2001. With exteriors designed by Andrew Winch and interiors by Platinum Yachts, this German-built Blohm + Voss vessel features several Jacuzzis, a pool inlaid with handmade mosaic tiles that is reportedly large enough to hold 115 people, a circular staircase, a discotheque, squash courts, a movie theater, a dining room for 90 guests (the other 25 presumably have to eat in the pool?), a helipad, and a submarine.

4. Topaz ($527 million)

Resembling a stealth bomber, this 483-foot ship is reportedly owned by Russian fertilizer and coal oligarch, Andrey Melnichenko. With exteriors by Tim Heywood Design Ltd. and interior designs by Terence Disdale Design, this German-built Lürssen Yacht features a 2,500-square-foot primary bedroom, six guest suites (with moveable walls so they can be transformed into four grand staterooms), glassware and tableware fashioned from French crystal, a helicopter hangar, a 30-foot speedboat tender, and three swimming pools, including one with a glass-bottom dangling menacingly above a disco.

3. Azzam ($600 million)

This 590-foot ship is currently thought to be the largest private yacht in the world and one of the fastest, with a top speed of 35 miles per hour. To achieve this immense scale and speed, it required a pair of gas turbines and two stratospherically potent diesel engines, rendering it very difficult to build. It is reportedly owned by a member of the royal family of the UAE, Sheikh Khalifa bin Zayed Al Nahyan. With exteriors by Nauta Yacht and interiors by French decorator Cristophe Leoni, this yacht was also built by Lürssen in Germany. The vessel is set apart by its early 19th-century empire-style veneered furniture, as well as its state-of-the-art security systems including a fully bulletproof primary suite and a high-tech missile deterrence capabilities.

2. Eclipse ($1.5 billion)

In addition to being the second-costliest, this 533-footer is thought to be the world’s second-largest private yacht. Owned by Russian billionaire Roman Abramovich, the ship was claimed to be located in Turkey and may be impounded as part of the United Kingdom’s sanctions against Russia. Designed by Terry Disdale and built by Blohm + Voss, it features two-dozen guest cabins, two swimming pools, two helipads, and multiple hot tubs. For privacy and security reasons, it hosts a missile detection system, bulletproof windows in the primary bedroom and on the bridge, an anti-paparazzi shield and, when all of that fails, a mini-submarine that can take a few VIPs 164 feet under the ocean’s surface.

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1. History Supreme ($4.8 billion)

History Supreme has never actually been seen in a major port, and rumors suggest that the yacht may not be real, and instead just a publicity stunt. Reportedly owned by Malaysia’s richest man, Robert Kuok, and designed by Stuart Hughes in the UK, the yacht is only a paltry 100 feet long. Its worth is said to be derived from its lavish finishes, including a statue constructed from genuine Tyrannosaurus rex bones, a liquor bottle embedded with an 18.5-carat diamond, and a primary bedroom with one wall made from meteorite and another from a 24-carat gold Aquavista Panoramic Wall Aquarium. If you see it somewhere, let us know.

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The Haves and the Have-Yachts

By Evan Osnos

In the Victorian era, it was said that the length of a man’s boat, in feet, should match his age, in years. The Victorians would have had some questions at the fortieth annual Palm Beach International Boat Show, which convened this March on Florida’s Gold Coast. A typical offering: a two-hundred-and-three-foot superyacht named Sea Owl, selling secondhand for ninety million dollars. The owner, Robert Mercer, the hedge-fund tycoon and Republican donor, was throwing in furniture and accessories, including several auxiliary boats, a Steinway piano, a variety of frescoes, and a security system that requires fingerprint recognition. Nevertheless, Mercer’s package was a modest one; the largest superyachts are more than five hundred feet, on a scale with naval destroyers, and cost six or seven times what he was asking.

For the small, tight-lipped community around the world’s biggest yachts, the Palm Beach show has the promising air of spring training. On the cusp of the summer season, it affords brokers and builders and owners (or attendants from their family offices) a chance to huddle over the latest merchandise and to gather intelligence: Who’s getting in? Who’s getting out? And, most pressingly, who’s ogling a bigger boat?

On the docks, brokers parse the crowd according to a taxonomy of potential. Guests asking for tours face a gantlet of greeters, trained to distinguish “superrich clients” from “ineligible visitors,” in the words of Emma Spence, a former greeter at the Palm Beach show. Spence looked for promising clues (the right shoes, jewelry, pets) as well as for red flags (cameras, ornate business cards, clothes with pop-culture references). For greeters from elsewhere, Palm Beach is a challenging assignment. Unlike in Europe, where money can still produce some visible tells—Hunter Wellies, a Barbour jacket—the habits of wealth in Florida offer little that’s reliable. One colleague resorted to binoculars, to spot a passerby with a hundred-thousand-dollar watch. According to Spence, people judged to have insufficient buying power are quietly marked for “dissuasion.”

For the uninitiated, a pleasure boat the length of a football field can be bewildering. Andy Cohen, the talk-show host, recalled his first visit to a superyacht owned by the media mogul Barry Diller: “I was like the Beverly Hillbillies.” The boats have grown so vast that some owners place unique works of art outside the elevator on each deck, so that lost guests don’t barge into the wrong stateroom.

At the Palm Beach show, I lingered in front of a gracious vessel called Namasté, until I was dissuaded by a wooden placard: “Private yacht, no boarding, no paparazzi.” In a nearby berth was a two-hundred-and-eighty-foot superyacht called Bold, which was styled like a warship, with its own helicopter hangar, three Sea-Doos, two sailboats, and a color scheme of gunmetal gray. The rugged look is a trend; “explorer” vessels, equipped to handle remote journeys, are the sport-utility vehicles of yachting.

If you hail from the realm of ineligible visitors, you may not be aware that we are living through the “greatest boom in the yacht business that’s ever existed,” as Bob Denison—whose firm, Denison Yachting, is one of the world’s largest brokers—told me. “Every broker, every builder, up and down the docks, is having some of the best years they’ve ever experienced.” In 2021, the industry sold a record eight hundred and eighty-seven superyachts worldwide, nearly twice the previous year’s total. With more than a thousand new superyachts on order, shipyards are so backed up that clients unaccustomed to being told no have been shunted to waiting lists.

One reason for the increased demand for yachts is the pandemic. Some buyers invoke social distancing; others, an existential awakening. John Staluppi, of Palm Beach Gardens, who made a fortune from car dealerships, is looking to upgrade from his current, sixty-million-dollar yacht. “When you’re forty or fifty years old, you say, ‘I’ve got plenty of time,’ ” he told me. But, at seventy-five, he is ready to throw in an extra fifteen million if it will spare him three years of waiting. “Is your life worth five million dollars a year? I think so,” he said. A deeper reason for the demand is the widening imbalance of wealth. Since 1990, the United States’ supply of billionaires has increased from sixty-six to more than seven hundred, even as the median hourly wage has risen only twenty per cent. In that time, the number of truly giant yachts—those longer than two hundred and fifty feet—has climbed from less than ten to more than a hundred and seventy. Raphael Sauleau, the C.E.O. of Fraser Yachts, told me bluntly, “ COVID and wealth—a perfect storm for us.”

And yet the marina in Palm Beach was thrumming with anxiety. Ever since the Russian President, Vladimir Putin, launched his assault on Ukraine, the superyacht world has come under scrutiny. At a port in Spain, a Ukrainian engineer named Taras Ostapchuk, working aboard a ship that he said was owned by a Russian arms dealer, threw open the sea valves and tried to sink it to the bottom of the harbor. Under arrest, he told a judge, “I would do it again.” Then he returned to Ukraine and joined the military. Western allies, in the hope of pressuring Putin to withdraw, have sought to cut off Russian oligarchs from businesses and luxuries abroad. “We are coming for your ill-begotten gains,” President Joe Biden declared, in his State of the Union address.

Nobody can say precisely how many of Putin’s associates own superyachts—known to professionals as “white boats”—because the white-boat world is notoriously opaque. Owners tend to hide behind shell companies, registered in obscure tax havens, attended by private bankers and lawyers. But, with unusual alacrity, authorities have used subpoenas and police powers to freeze boats suspected of having links to the Russian élite. In Spain, the government detained a hundred-and-fifty-million-dollar yacht associated with Sergei Chemezov, the head of the conglomerate Rostec, whose bond with Putin reaches back to their time as K.G.B. officers in East Germany. (As in many cases, the boat is not registered to Chemezov; the official owner is a shell company connected to his stepdaughter, a teacher whose salary is likely about twenty-two hundred dollars a month.) In Germany, authorities impounded the world’s most voluminous yacht, Dilbar, for its ties to the mining-and-telecom tycoon Alisher Usmanov. And in Italy police have grabbed a veritable armada, including a boat owned by one of Russia’s richest men, Alexei Mordashov, and a colossus suspected of belonging to Putin himself, the four-hundred-and-fifty-nine-foot Scheherazade.

In Palm Beach, the yachting community worried that the same scrutiny might be applied to them. “Say your superyacht is in Asia, and there’s some big conflict where China invades Taiwan,” Denison told me. “China could spin it as ‘Look at these American oligarchs!’ ” He wondered if the seizures of superyachts marked a growing political animus toward the very rich. “Whenever things are economically or politically disruptive,” he said, “it’s hard to justify taking an insane amount of money and just putting it into something that costs a lot to maintain, depreciates, and is only used for having a good time.”

Nobody pretends that a superyacht is a productive place to stash your wealth. In a column this spring headlined “ A SUPERYACHT IS A TERRIBLE ASSET ,” the Financial Times observed, “Owning a superyacht is like owning a stack of 10 Van Goghs, only you are holding them over your head as you tread water, trying to keep them dry.”

Not so long ago, status transactions among the élite were denominated in Old Masters and in the sculptures of the Italian Renaissance. Joseph Duveen, the dominant art dealer of the early twentieth century, kept the oligarchs of his day—Andrew Mellon, Jules Bache, J. P. Morgan—jockeying over Donatellos and Van Dycks. “When you pay high for the priceless,” he liked to say, “you’re getting it cheap.”

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In the nineteen-fifties, the height of aspirational style was fine French furniture—F.F.F., as it became known in certain precincts of Fifth Avenue and Palm Beach. Before long, more and more money was going airborne. Hugh Hefner, a pioneer in the private-jet era, decked out a plane he called Big Bunny, where he entertained Elvis Presley, Raquel Welch, and James Caan. The oil baron Armand Hammer circled the globe on his Boeing 727, paying bribes and recording evidence on microphones hidden in his cufflinks. But, once it seemed that every plutocrat had a plane, the thrill was gone.

In any case, an airplane is just transportation. A big ship is a floating manse, with a hierarchy written right into the nomenclature. If it has a crew working aboard, it’s a yacht. If it’s more than ninety-eight feet, it’s a superyacht. After that, definitions are debated, but people generally agree that anything more than two hundred and thirty feet is a megayacht, and more than two hundred and ninety-five is a gigayacht. The world contains about fifty-four hundred superyachts, and about a hundred gigayachts.

For the moment, a gigayacht is the most expensive item that our species has figured out how to own. In 2019, the hedge-fund billionaire Ken Griffin bought a quadruplex on Central Park South for two hundred and forty million dollars, the highest price ever paid for a home in America. In May, an unknown buyer spent about a hundred and ninety-five million on an Andy Warhol silk-screen portrait of Marilyn Monroe. In luxury-yacht terms, those are ordinary numbers. “There are a lot of boats in build well over two hundred and fifty million dollars,” Jamie Edmiston, a broker in Monaco and London, told me. His buyers are getting younger and more inclined to spend long stretches at sea. “High-speed Internet, telephony, modern communications have made working easier,” he said. “Plus, people made a lot more money earlier in life.”

A Silicon Valley C.E.O. told me that one appeal of boats is that they can “absorb the most excess capital.” He explained, “Rationally, it would seem to make sense for people to spend half a billion dollars on their house and then fifty million on the boat that they’re on for two weeks a year, right? But it’s gone the other way. People don’t want to live in a hundred-thousand-square-foot house. Optically, it’s weird. But a half-billion-dollar boat, actually, is quite nice.” Staluppi, of Palm Beach Gardens, is content to spend three or four times as much on his yachts as on his homes. Part of the appeal is flexibility. “If you’re on your boat and you don’t like your neighbor, you tell the captain, ‘Let’s go to a different place,’ ” he said. On land, escaping a bad neighbor requires more work: “You got to try and buy him out or make it uncomfortable or something.” The preference for sea-based investment has altered the proportions of taste. Until recently, the Silicon Valley C.E.O. said, “a fifty-metre boat was considered a good-sized boat. Now that would be a little bit embarrassing.” In the past twenty years, the length of the average luxury yacht has grown by a third, to a hundred and sixty feet.

Thorstein Veblen, the economist who published “The Theory of the Leisure Class,” in 1899, argued that the power of “conspicuous consumption” sprang not from artful finery but from sheer needlessness. “In order to be reputable,” he wrote, “it must be wasteful.” In the yachting world, stories circulate about exotic deliveries by helicopter or seaplane: Dom Pérignon, bagels from Zabar’s, sex workers, a rare melon from the island of Hokkaido. The industry excels at selling you things that you didn’t know you needed. When you flip through the yachting press, it’s easy to wonder how you’ve gone this long without a personal submarine, or a cryosauna that “blasts you with cold” down to minus one hundred and ten degrees Celsius, or the full menagerie of “exclusive leathers,” such as eel and stingray.

But these shrines to excess capital exist in a conditional state of visibility: they are meant to be unmistakable to a slender stratum of society—and all but unseen by everyone else. Even before Russia’s invasion of Ukraine, the yachting community was straining to manage its reputation as a gusher of carbon emissions (one well-stocked diesel yacht is estimated to produce as much greenhouse gas as fifteen hundred passenger cars), not to mention the fact that the world of white boats is overwhelmingly white. In a candid aside to a French documentarian, the American yachtsman Bill Duker said, “If the rest of the world learns what it’s like to live on a yacht like this, they’re gonna bring back the guillotine.” The Dutch press recently reported that Jeff Bezos, the founder of Amazon, was building a sailing yacht so tall that the city of Rotterdam might temporarily dismantle a bridge that had survived the Nazis in order to let the boat pass to the open sea. Rotterdammers were not pleased. On Facebook, a local man urged people to “take a box of rotten eggs with you and let’s throw them en masse at Jeff’s superyacht when it sails through.” At least thirteen thousand people expressed interest. Amid the uproar, a deputy mayor announced that the dismantling plan had been abandoned “for the time being.” (Bezos modelled his yacht partly on one owned by his friend Barry Diller, who has hosted him many times. The appreciation eventually extended to personnel, and Bezos hired one of Diller’s captains.)

As social media has heightened the scrutiny of extraordinary wealth, some of the very people who created those platforms have sought less observable places to spend it. But they occasionally indulge in some coded provocation. In 2006, when the venture capitalist Tom Perkins unveiled his boat in Istanbul, most passersby saw it adorned in colorful flags, but people who could read semaphore were able to make out a message: “Rarely does one have the privilege to witness vulgar ostentation displayed on such a scale.” As a longtime owner told me, “If you don’t have some guilt about it, you’re a rat.”

Alex Finley, a former C.I.A. officer who has seen yachts proliferate near her home in Barcelona, has weighed the superyacht era and its discontents in writings and on Twitter, using the hashtag #YachtWatch. “To me, the yachts are not just yachts,” she told me. “In Russia’s case, these are the embodiment of oligarchs helping a dictator destabilize our democracy while utilizing our democracy to their benefit.” But, Finley added, it’s a mistake to think the toxic symbolism applies only to Russia. “The yachts tell a whole story about a Faustian capitalism—this idea that we’re ready to sell democracy for short-term profit,” she said. “They’re registered offshore. They use every loophole that we’ve put in place for illicit money and tax havens. So they play a role in this battle, writ large, between autocracy and democracy.”

After a morning on the docks at the Palm Beach show, I headed to a more secluded marina nearby, which had been set aside for what an attendant called “the really big hardware.” It felt less like a trade show than like a boutique resort, with a swimming pool and a terrace restaurant. Kevin Merrigan, a relaxed Californian with horn-rimmed glasses and a high forehead pinked by the sun, was waiting for me at the stern of Unbridled, a superyacht with a brilliant blue hull that gave it the feel of a personal cruise ship. He invited me to the bridge deck, where a giant screen showed silent video of dolphins at play.

Merrigan is the chairman of the brokerage Northrop & Johnson, which has ridden the tide of growing boats and wealth since 1949. Lounging on a sofa mounded with throw pillows, he projected a nearly postcoital level of contentment. He had recently sold the boat we were on, accepted an offer for a behemoth beside us, and begun negotiating the sale of yet another. “This client owns three big yachts,” he said. “It’s a hobby for him. We’re at a hundred and ninety-one feet now, and last night he said, ‘You know, what do you think about getting a two hundred and fifty?’ ” Merrigan laughed. “And I was, like, ‘Can’t you just have dinner?’ ”

Among yacht owners, there are some unwritten rules of stratification: a Dutch-built boat will hold its value better than an Italian; a custom design will likely get more respect than a “series yacht”; and, if you want to disparage another man’s boat, say that it looks like a wedding cake. But, in the end, nothing says as much about a yacht, or its owner, as the delicate matter of L.O.A.—length over all.

The imperative is not usually length for length’s sake (though the longtime owner told me that at times there is an aspect of “phallic sizing”). “L.O.A.” is a byword for grandeur. In most cases, pleasure yachts are permitted to carry no more than twelve passengers, a rule set by the International Convention for the Safety of Life at Sea, which was conceived after the sinking of the Titanic. But those limits do not apply to crew. “So, you might have anything between twelve and fifty crew looking after those twelve guests,” Edmiston, the broker, said. “It’s a level of service you cannot really contemplate until you’ve been fortunate enough to experience it.”

As yachts have grown more capacious, and the limits on passengers have not, more and more space on board has been devoted to staff and to novelties. The latest fashions include IMAX theatres, hospital equipment that tests for dozens of pathogens, and ski rooms where guests can suit up for a helicopter trip to a mountaintop. The longtime owner, who had returned the previous day from his yacht, told me, “No one today—except for assholes and ridiculous people—lives on land in what you would call a deep and broad luxe life. Yes, people have nice houses and all of that, but it’s unlikely that the ratio of staff to them is what it is on a boat.” After a moment, he added, “Boats are the last place that I think you can get away with it.”

Even among the truly rich, there is a gap between the haves and the have-yachts. One boating guest told me about a conversation with a famous friend who keeps one of the world’s largest yachts. “He said, ‘The boat is the last vestige of what real wealth can do.’ What he meant is, You have a chef, and I have a chef. You have a driver, and I have a driver. You can fly privately, and I fly privately. So, the one place where I can make clear to the world that I am in a different fucking category than you is the boat.”

After Merrigan and I took a tour of Unbridled, he led me out to a waiting tender, staffed by a crew member with an earpiece on a coil. The tender, Merrigan said, would ferry me back to the busy main dock of the Palm Beach show. We bounced across the waves under a pristine sky, and pulled into the marina, where my fellow-gawkers were still trying to talk their way past the greeters. As I walked back into the scrum, Namasté was still there, but it looked smaller than I remembered.

For owners and their guests, a white boat provides a discreet marketplace for the exchange of trust, patronage, and validation. To diagram the precise workings of that trade—the customs and anxieties, strategies and slights—I talked to Brendan O’Shannassy, a veteran captain who is a curator of white-boat lore. Raised in Western Australia, O’Shannassy joined the Navy as a young man, and eventually found his way to skippering some of the world’s biggest yachts. He has worked for Paul Allen, the late co-founder of Microsoft, along with a few other billionaires he declines to name. Now in his early fifties, with patient green eyes and tufts of curly brown hair, O’Shannassy has had a vantage from which to monitor the social traffic. “It’s all gracious, and everyone’s kiss-kiss,” he said. “But there’s a lot going on in the background.”

O’Shannassy once worked for an owner who limited the number of newspapers on board, so that he could watch his guests wait and squirm. “It was a mind game amongst the billionaires. There were six couples, and three newspapers,” he said, adding, “They were ranking themselves constantly.” On some boats, O’Shannassy has found himself playing host in the awkward minutes after guests arrive. “A lot of them are savants, but some are very un-socially aware,” he said. “They need someone to be social and charming for them.” Once everyone settles in, O’Shannassy has learned, there is often a subtle shift, when a mogul or a politician or a pop star starts to loosen up in ways that are rarely possible on land. “Your security is relaxed—they’re not on your hip,” he said. “You’re not worried about paparazzi. So you’ve got all this extra space, both mental and physical.”

O’Shannassy has come to see big boats as a space where powerful “solar systems” converge and combine. “It is implicit in every interaction that their sharing of information will benefit both parties; it is an obsession with billionaires to do favours for each other. A referral, an introduction, an insight—it all matters,” he wrote in “Superyacht Captain,” a new memoir. A guest told O’Shannassy that, after a lavish display of hospitality, he finally understood the business case for buying a boat. “One deal secured on board will pay it all back many times over,” the guest said, “and it is pretty hard to say no after your kids have been hosted so well for a week.”

Take the case of David Geffen, the former music and film executive. He is long retired, but he hosts friends (and potential friends) on the four-hundred-and-fifty-four-foot Rising Sun, which has a double-height cinema, a spa and salon, and a staff of fifty-seven. In 2017, shortly after Barack and Michelle Obama departed the White House, they were photographed on Geffen’s boat in French Polynesia, accompanied by Bruce Springsteen, Oprah Winfrey, Tom Hanks, and Rita Wilson. For Geffen, the boat keeps him connected to the upper echelons of power. There are wealthier Americans, but not many of them have a boat so delectable that it can induce both a Democratic President and the workingman’s crooner to risk the aroma of hypocrisy.

The binding effect pays dividends for guests, too. Once people reach a certain level of fame, they tend to conclude that its greatest advantage is access. Spend a week at sea together, lingering over meals, observing one another floundering on a paddleboard, and you have something of value for years to come. Call to ask for an investment, an introduction, an internship for a wayward nephew, and you’ll at least get the call returned. It’s a mutually reinforcing circle of validation: she’s here, I’m here, we’re here.

But, if you want to get invited back, you are wise to remember your part of the bargain. If you work with movie stars, bring fresh gossip. If you’re on Wall Street, bring an insight or two. Don’t make the transaction obvious, but don’t forget why you’re there. “When I see the guest list,” O’Shannassy wrote, “I am aware, even if not all names are familiar, that all have been chosen for a purpose.”

For O’Shannassy, there is something comforting about the status anxieties of people who have everything. He recalled a visit to the Italian island of Sardinia, where his employer asked him for a tour of the boats nearby. Riding together on a tender, they passed one colossus after another, some twice the size of the owner’s superyacht. Eventually, the man cut the excursion short. “Take me back to my yacht, please,” he said. They motored in silence for a while. “There was a time when my yacht was the most beautiful in the bay,” he said at last. “How do I keep up with this new money?”

The summer season in the Mediterranean cranks up in May, when the really big hardware heads east from Florida and the Caribbean to escape the coming hurricanes, and reconvenes along the coasts of France, Italy, and Spain. At the center is the Principality of Monaco, the sun-washed tax haven that calls itself the “world’s capital of advanced yachting.” In Monaco, which is among the richest countries on earth, superyachts bob in the marina like bath toys.

The nearest hotel room at a price that would not get me fired was an Airbnb over the border with France. But an acquaintance put me on the phone with the Yacht Club de Monaco, a members-only establishment created by the late monarch His Serene Highness Prince Rainier III, whom the Web site describes as “a true visionary in every respect.” The club occasionally rents rooms—“cabins,” as they’re called—to visitors in town on yacht-related matters. Claudia Batthyany, the elegant director of special projects, showed me to my cabin and later explained that the club does not aspire to be a hotel. “We are an association ,” she said. “Otherwise, it becomes”—she gave a gentle wince—“not that exclusive.”

Inside my cabin, I quickly came to understand that I would never be fully satisfied anywhere else again. The space was silent and aromatically upscale, bathed in soft sunlight that swept through a wall of glass overlooking the water. If I was getting a sudden rush of the onboard experience, that was no accident. The clubhouse was designed by the British architect Lord Norman Foster to evoke the opulent indulgence of ocean liners of the interwar years, like the Queen Mary. I found a handwritten welcome note, on embossed club stationery, set alongside an orchid and an assemblage of chocolate truffles: “The whole team remains at your entire disposal to make your stay a wonderful experience. Yours sincerely, Service Members.” I saluted the nameless Service Members, toiling for the comfort of their guests. Looking out at the water, I thought, intrusively, of a line from Santiago, Hemingway’s old man of the sea. “Do not think about sin,” he told himself. “It is much too late for that and there are people who are paid to do it.”

I had been assured that the Service Members would cheerfully bring dinner, as they might on board, but I was eager to see more of my surroundings. I consulted the club’s summer dress code. It called for white trousers and a blue blazer, and it discouraged improvisation: “No pocket handkerchief is to be worn above the top breast-pocket bearing the Club’s coat of arms.” The handkerchief rule seemed navigable, but I did not possess white trousers, so I skirted the lobby and took refuge in the bar. At a table behind me, a man with flushed cheeks and a British accent had a head start. “You’re a shitty negotiator,” he told another man, with a laugh. “Maybe sales is not your game.” A few seats away, an American woman was explaining to a foreign friend how to talk with conservatives: “If they say, ‘The earth is flat,’ you say, ‘Well, I’ve sailed around it, so I’m not so sure about that.’ ”

In the morning, I had an appointment for coffee with Gaëlle Tallarida, the managing director of the Monaco Yacht Show, which the Daily Mail has called the “most shamelessly ostentatious display of yachts in the world.” Tallarida was not born to that milieu; she grew up on the French side of the border, swimming at public beaches with a view of boats sailing from the marina. But she had a knack for highly organized spectacle. While getting a business degree, she worked on a student theatre festival and found it thrilling. Afterward, she got a job in corporate events, and in 1998 she was hired at the yacht show as a trainee.

With this year’s show five months off, Tallarida was already getting calls about what she described as “the most complex part of my work”: deciding which owners get the most desirable spots in the marina. “As you can imagine, they’ve got very big egos,” she said. “On top of that, I’m a woman. They are sometimes arriving and saying”—she pointed into the distance, pantomiming a decree—“ ‘O.K., I want that!  ’ ”

Just about everyone wants his superyacht to be viewed from the side, so that its full splendor is visible. Most harbors, however, have a limited number of berths with a side view; in Monaco, there are only twelve, with prime spots arrayed along a concrete dike across from the club. “We reserve the dike for the biggest yachts,” Tallarida said. But try telling that to a man who blew his fortune on a small superyacht.

Whenever possible, Tallarida presents her verdicts as a matter of safety: the layout must insure that “in case of an emergency, any boat can go out.” If owners insist on preferential placement, she encourages a yachting version of the Golden Rule: “What if, next year, I do that to you? Against you?”

Does that work? I asked. She shrugged. “They say, ‘Eh.’ ” Some would gladly risk being a victim next year in order to be a victor now. In the most awful moment of her career, she said, a man who was unhappy with his berth berated her face to face. “I was in the office, feeling like a little girl, with my daddy shouting at me. I said, ‘O.K., O.K., I’m going to give you the spot.’ ”

Securing just the right place, it must be said, carries value. Back at the yacht club, I was on my terrace, enjoying the latest delivery by the Service Members—an airy French omelette and a glass of preternaturally fresh orange juice. I thought guiltily of my wife, at home with our kids, who had sent a text overnight alerting me to a maintenance issue that she described as “a toilet debacle.”

Then I was distracted by the sight of a man on a yacht in the marina below. He was staring up at me. I went back to my brunch, but, when I looked again, there he was—a middle-aged man, on a mid-tier yacht, juiceless, on a greige banquette, staring up at my perfect terrace. A surprising sensation started in my chest and moved outward like a warm glow: the unmistakable pang of superiority.

That afternoon, I made my way to the bar, to meet the yacht club’s general secretary, Bernard d’Alessandri, for a history lesson. The general secretary was up to code: white trousers, blue blazer, club crest over the heart. He has silver hair, black eyebrows, and a tan that evokes high-end leather. “I was a sailing teacher before this,” he said, and gestured toward the marina. “It was not like this. It was a village.”

Before there were yacht clubs, there were jachten , from the Dutch word for “hunt.” In the seventeenth century, wealthy residents of Amsterdam created fast-moving boats to meet incoming cargo ships before they hit port, in order to check out the merchandise. Soon, the Dutch owners were racing one another, and yachting spread across Europe. After a visit to Holland in 1697, Peter the Great returned to Russia with a zeal for pleasure craft, and he later opened Nevsky Flot, one of the world’s first yacht clubs, in St. Petersburg.

For a while, many of the biggest yachts were symbols of state power. In 1863, the viceroy of Egypt, Isma’il Pasha, ordered up a steel leviathan called El Mahrousa, which was the world’s longest yacht for a remarkable hundred and nineteen years, until the title was claimed by King Fahd of Saudi Arabia. In the United States, Franklin Delano Roosevelt received guests aboard the U.S.S. Potomac, which had a false smokestack containing a hidden elevator, so that the President could move by wheelchair between decks.

But yachts were finding new patrons outside politics. In 1954, the Greek shipping baron Aristotle Onassis bought a Canadian Navy frigate and spent four million dollars turning it into Christina O, which served as his home for months on end—and, at various times, as a home to his companions Maria Callas, Greta Garbo, and Jacqueline Kennedy. Christina O had its flourishes—a Renoir in the master suite, a swimming pool with a mosaic bottom that rose to become a dance floor—but none were more distinctive than the appointments in the bar, which included whales’ teeth carved into pornographic scenes from the Odyssey and stools upholstered in whale foreskins.

For Onassis, the extraordinary investments in Christina O were part of an epic tit for tat with his archrival, Stavros Niarchos, a fellow shipping tycoon, which was so entrenched that it continued even after Onassis’s death, in 1975. Six years later, Niarchos launched a yacht fifty-five feet longer than Christina O: Atlantis II, which featured a swimming pool on a gyroscope so that the water would not slosh in heavy seas. Atlantis II, now moored in Monaco, sat before the general secretary and me as we talked.

Over the years, d’Alessandri had watched waves of new buyers arrive from one industry after another. “First, it was the oil. After, it was the telecommunications. Now, they are making money with crypto,” he said. “And, each time, it’s another size of the boat, another design.” What began as symbols of state power had come to represent more diffuse aristocracies—the fortunes built on carbon, capital, and data that migrated across borders. As early as 1908, the English writer G. K. Chesterton wondered what the big boats foretold of a nation’s fabric. “The poor man really has a stake in the country,” he wrote. “The rich man hasn’t; he can go away to New Guinea in a yacht.”

Each iteration of fortune left its imprint on the industry. Sheikhs, who tend to cruise in the world’s hottest places, wanted baroque indoor spaces and were uninterested in sundecks. Silicon Valley favored acres of beige, more Sonoma than Saudi. And buyers from Eastern Europe became so abundant that shipyards perfected the onboard banya , a traditional Russian sauna stocked with birch and eucalyptus. The collapse of the Soviet Union, in 1991, had minted a generation of new billionaires, whose approach to money inspired a popular Russian joke: One oligarch brags to another, “Look at this new tie. It cost me two hundred bucks!” To which the other replies, “You moron. You could’ve bought the same one for a thousand!”

In 1998, around the time that the Russian economy imploded, the young tycoon Roman Abramovich reportedly bought a secondhand yacht called Sussurro—Italian for “whisper”—which had been so carefully engineered for speed that each individual screw was weighed before installation. Soon, Russians were competing to own the costliest ships. “If the most expensive yacht in the world was small, they would still want it,” Maria Pevchikh, a Russian investigator who helps lead the Anti-Corruption Foundation, told me.

In 2008, a thirty-six-year-old industrialist named Andrey Melnichenko spent some three hundred million dollars on Motor Yacht A, a radical experiment conceived by the French designer Philippe Starck, with a dagger-shaped hull and a bulbous tower topped by a master bedroom set on a turntable that pivots to capture the best view. The shape was ridiculed as “a giant finger pointing at you” and “one of the most hideous vessels ever to sail,” but it marked a new prominence for Russian money at sea. Today, post-Soviet élites are thought to own a fifth of the world’s gigayachts.

Even Putin has signalled his appreciation, being photographed on yachts in the Black Sea resort of Sochi. In an explosive report in 2012, Boris Nemtsov, a former Deputy Prime Minister, accused Putin of amassing a storehouse of outrageous luxuries, including four yachts, twenty homes, and dozens of private aircraft. Less than three years later, Nemtsov was fatally shot while crossing a bridge near the Kremlin. The Russian government, which officially reports that Putin collects a salary of about a hundred and forty thousand dollars and possesses a modest apartment in Moscow, denied any involvement.

Many of the largest, most flamboyant gigayachts are designed in Monaco, at a sleek waterfront studio occupied by the naval architect Espen Øino. At sixty, Øino has a boyish mop and the mild countenance of a country parson. He grew up in a small town in Norway, the heir to a humble maritime tradition. “My forefathers built wooden rowing boats for four generations,” he told me. In the late eighties, he was designing sailboats when his firm won a commission to design a megayacht for Emilio Azcárraga, the autocratic Mexican who built Televisa into the world’s largest Spanish-language broadcaster. Azcárraga was nicknamed El Tigre, for his streak of white hair and his comfort with confrontation; he kept a chair in his office that was unusually high off the ground, so that visitors’ feet dangled like children’s.

In early meetings, Øino recalled, Azcárraga grew frustrated that the ideas were not dazzling enough. “You must understand,” he said. “I don’t go to port very often with my boats, but, when I do, I want my presence to be felt.”

The final design was suitably arresting; after the boat was completed, Øino had no shortage of commissions. In 1998, he was approached by Paul Allen, of Microsoft, to build a yacht that opened the way for the Goliaths that followed. The result, called Octopus, was so large that it contained a submarine marina in its belly, as well as a helicopter hangar that could be converted into an outdoor performance space. Mick Jagger and Bono played on occasion. I asked Øino why owners obsessed with secrecy seem determined to build the world’s most conspicuous machines. He compared it to a luxury car with tinted windows. “People can’t see you, but you’re still in that expensive, impressive thing,” he said. “We all need to feel that we’re important in one way or another.”

In recent months, Øino has seen some of his creations detained by governments in the sanctions campaign. When we spoke, he condemned the news coverage. “Yacht equals Russian equals evil equals money,” he said disdainfully. “It’s a bit tragic, because the yachts have become synonymous with the bad guys in a James Bond movie.”

What about Scheherazade, the giant yacht that U.S. officials have alleged is held by a Russian businessman for Putin’s use? Øino, who designed the ship, rejected the idea. “We have designed two yachts for heads of state, and I can tell you that they’re completely different, in terms of the layout and everything, from Scheherazade.” He meant that the details said plutocrat, not autocrat.

For the time being, Scheherazade and other Øino creations under detention across Europe have entered a strange legal purgatory. As lawyers for the owners battle to keep the ships from being permanently confiscated, local governments are duty-bound to maintain them until a resolution is reached. In a comment recorded by a hot mike in June, Jake Sullivan, the U.S. national-security adviser, marvelled that “people are basically being paid to maintain Russian superyachts on behalf of the United States government.” (It usually costs about ten per cent of a yacht’s construction price to keep it afloat each year. In May, officials in Fiji complained that a detained yacht was costing them more than a hundred and seventy-one thousand dollars a day.)

Stranger still are the Russian yachts on the lam. Among them is Melnichenko’s much maligned Motor Yacht A. On March 9th, Melnichenko was sanctioned by the European Union, and although he denied having close ties to Russia’s leadership, Italy seized one of his yachts—a six-hundred-million-dollar sailboat. But Motor Yacht A slipped away before anyone could grab it. Then the boat turned off the transponder required by international maritime rules, so that its location could no longer be tracked. The last ping was somewhere near the Maldives, before it went dark on the high seas.

The very largest yachts come from Dutch and German shipyards, which have experience in naval vessels, known as “gray boats.” But the majority of superyachts are built in Italy, partly because owners prefer to visit the Mediterranean during construction. (A British designer advises those who are weighing their choices to take the geography seriously, “unless you like schnitzel.”)

In the past twenty-two years, nobody has built more superyachts than the Vitellis, an Italian family whose patriarch, Paolo Vitelli, got his start in the seventies, manufacturing smaller boats near a lake in the mountains. By 1985, their company, Azimut, had grown large enough to buy the Benetti shipyards, which had been building enormous yachts since the nineteenth century. Today, the combined company builds its largest boats near the sea, but the family still works in the hill town of Avigliana, where a medieval monastery towers above a valley. When I visited in April, Giovanna Vitelli, the vice-president and the founder’s daughter, led me through the experience of customizing a yacht.

“We’re using more and more virtual reality,” she said, and a staffer fitted me with a headset. When the screen blinked on, I was inside a 3-D mockup of a yacht that is not yet on the market. I wandered around my suite for a while, checking out swivel chairs, a modish sideboard, blond wood panelling on the walls. It was convincing enough that I collided with a real-life desk.

After we finished with the headset, it was time to pick the décor. The industry encourages an introspective evaluation: What do you want your yacht to say about you? I was handed a vibrant selection of wood, marble, leather, and carpet. The choices felt suddenly grave. Was I cut out for the chiselled look of Cream Vesuvio, or should I accept that I’m a gray Cardoso Stone? For carpets, I liked the idea of Chablis Corn White—Paris and the prairie, together at last. But, for extra seating, was it worth splurging for the V.I.P. Vanity Pouf?

Some designs revolve around a single piece of art. The most expensive painting ever sold, Leonardo da Vinci’s “Salvator Mundi,” reportedly was hung on the Saudi crown prince Mohammed bin Salman’s four-hundred-and-thirty-nine-foot yacht Serene, after the Louvre rejected a Saudi demand that it hang next to the “Mona Lisa.” Art conservators blanched at the risks that excess humidity and fluctuating temperatures could pose to a five-hundred-year-old painting. Often, collectors who want to display masterpieces at sea commission replicas.

If you’ve just put half a billion dollars into a boat, you may have qualms about the truism that material things bring less happiness than experiences do. But this, too, can be finessed. Andrew Grant Super, a co-founder of the “experiential yachting” firm Berkeley Rand, told me that he served a uniquely overstimulated clientele: “We call them the bored billionaires.” He outlined a few of his experience products. “We can plot half of the Pacific Ocean with coördinates, to map out the Battle of Midway,” he said. “We re-create the full-blown battles of the giant ships from America and Japan. The kids have haptic guns and haptic vests. We put the smell of cordite and cannon fire on board, pumping around them.” For those who aren’t soothed by the scent of cordite, Super offered an alternative. “We fly 3-D-printed, architectural freestanding restaurants into the middle of the Maldives, on a sand shelf that can only last another eight hours before it disappears.”

For some, the thrill lies in the engineering. Staluppi, born in Brooklyn, was an auto mechanic who had no experience with the sea until his boss asked him to soup up a boat. “I took the six-cylinder engines out and put V-8 engines in,” he recalled. Once he started commissioning boats of his own, he built scale models to conduct tests in water tanks. “I knew I could never have the biggest boat in the world, so I says, ‘You know what? I want to build the fastest yacht in the world.’ The Aga Khan had the fastest yacht, and we just blew right by him.”

In Italy, after decking out my notional yacht, I headed south along the coast, to Tuscan shipyards that have evolved with each turn in the country’s history. Close to the Carrara quarries, which yielded the marble that Michelangelo turned into David, ships were constructed in the nineteenth century, to transport giant blocks of stone. Down the coast, the yards in Livorno made warships under the Fascists, until they were bombed by the Allies. Later, they began making and refitting luxury yachts. Inside the front gate of a Benetti shipyard in Livorno, a set of models depicted the firm’s famous modern creations. Most notable was the megayacht Nabila, built in 1980 for the high-living arms dealer Adnan Khashoggi, with a hundred rooms and a disco that was the site of legendary decadence. (Khashoggi’s budget for prostitution was so extravagant that a French prosecutor later estimated he paid at least half a million dollars to a single madam in a single year.)

In 1987, shortly before Khashoggi was indicted for mail fraud and obstruction of justice (he was eventually acquitted), the yacht was sold to the real-estate developer Donald Trump, who renamed it Trump Princess. Trump was never comfortable on a boat—“Couldn’t get off fast enough,” he once said—but he liked to impress people with his yacht’s splendor. In 1991, while three billion dollars in debt, Trump ceded the vessel to creditors. Later in life, though, he discovered enthusiastic support among what he called “our beautiful boaters,” and he came to see quality watercraft as a mark of virtue—a way of beating the so-called élite. “We got better houses, apartments, we got nicer boats, we’re smarter than they are,” he told a crowd in Fargo, North Dakota. “Let’s call ourselves, from now on, the super-élite.”

In the age of oversharing, yachts are a final sanctum of secrecy, even for some of the world’s most inveterate talkers. Oprah, after returning from her sojourn with the Obamas, rebuffed questions from reporters. “What happens on the boat stays on the boat,” she said. “We talked, and everybody else did a lot of paddleboarding.”

I interviewed six American superyacht owners at length, and almost all insisted on anonymity or held forth with stupefying blandness. “Great family time,” one said. Another confessed, “It’s really hard to talk about it without being ridiculed.” None needed to be reminded of David Geffen’s misadventure during the early weeks of the pandemic, when he Instagrammed a photo of his yacht in the Grenadines and posted that he was “avoiding the virus” and “hoping everybody is staying safe.” It drew thousands of responses, many marked #EatTheRich, others summoning a range of nautical menaces: “At least the pirates have his location now.”

The yachts extend a tradition of seclusion as the ultimate luxury. The Medici, in sixteenth-century Florence, built elevated passageways, or corridoi , high over the city to escape what a scholar called the “clash of classes, the randomness, the smells and confusions” of pedestrian life below. More recently, owners of prized town houses in London have headed in the other direction, building three-story basements so vast that their construction can require mining engineers—a trend that researchers in the United Kingdom named “luxified troglodytism.”

Water conveys a particular autonomy, whether it’s ringing the foot of a castle or separating a private island from the mainland. Peter Thiel, the billionaire venture capitalist, gave startup funding to the Seasteading Institute, a nonprofit group co-founded by Milton Friedman’s grandson, which seeks to create floating mini-states—an endeavor that Thiel considered part of his libertarian project to “escape from politics in all its forms.” Until that fantasy is realized, a white boat can provide a start. A recent feature in Boat International , a glossy trade magazine, noted that the new hundred-and-twenty-five-million-dollar megayacht Victorious has four generators and “six months’ autonomy” at sea. The builder, Vural Ak, explained, “In case of emergency, god forbid, you can live in open water without going to shore and keep your food stored, make your water from the sea.”

Much of the time, superyachts dwell beyond the reach of ordinary law enforcement. They cruise in international waters, and, when they dock, local cops tend to give them a wide berth; the boats often have private security, and their owners may well be friends with the Prime Minister. According to leaked documents known as the Paradise Papers, handlers proposed that the Saudi crown prince take delivery of a four-hundred-and-twenty-million-dollar yacht in “international waters in the western Mediterranean,” where the sale could avoid taxes.

Builders and designers rarely advertise beyond the trade press, and they scrupulously avoid leaks. At Lürssen, a German shipbuilding firm, projects are described internally strictly by reference number and code name. “We are not in the business for the glory,” Peter Lürssen, the C.E.O., told a reporter. The closest thing to an encyclopedia of yacht ownership is a site called SuperYachtFan, run by a longtime researcher who identifies himself only as Peter, with a disclaimer that he relies partly on “rumors” but makes efforts to confirm them. In an e-mail, he told me that he studies shell companies, navigation routes, paparazzi photos, and local media in various languages to maintain a database with more than thirteen hundred supposed owners. Some ask him to remove their names, but he thinks that members of that economic echelon should regard the attention as a “fact of life.”

To work in the industry, staff must adhere to the culture of secrecy, often enforced by N.D.A.s. On one yacht, O’Shannassy, the captain, learned to communicate in code with the helicopter pilot who regularly flew the owner from Switzerland to the Mediterranean. Before takeoff, the pilot would call with a cryptic report on whether the party included the presence of a Pomeranian. If any guest happened to overhear, their cover story was that a customs declaration required details about pets. In fact, the lapdog was a constant companion of the owner’s wife; if the Pomeranian was in the helicopter, so was she. “If no dog was in the helicopter,” O’Shannassy recalled, the owner was bringing “somebody else.” It was the captain’s duty to rebroadcast the news across the yacht’s internal radio: “Helicopter launched, no dog, I repeat no dog today”—the signal for the crew to ready the main cabin for the mistress, instead of the wife. They swapped out dresses, family photos, bathroom supplies, favored drinks in the fridge. On one occasion, the code got garbled, and the helicopter landed with an unanticipated Pomeranian. Afterward, the owner summoned O’Shannassy and said, “Brendan, I hope you never have such a situation, but if you do I recommend making sure the correct dresses are hanging when your wife comes into your room.”

In the hierarchy on board a yacht, the most delicate duties tend to trickle down to the least powerful. Yacht crew—yachties, as they’re known—trade manual labor and obedience for cash and adventure. On a well-staffed boat, the “interior team” operates at a forensic level of detail: they’ll use Q-tips to polish the rim of your toilet, tweezers to lift your fried-chicken crumbs from the teak, a toothbrush to clean the treads of your staircase.

Many are English-speaking twentysomethings, who find work by doing the “dock walk,” passing out résumés at marinas. The deals can be alluring: thirty-five hundred dollars a month for deckhands; fifty thousand dollars in tips for a decent summer in the Med. For captains, the size of the boat matters—they tend to earn about a thousand dollars per foot per year.

Yachties are an attractive lot, a community of the toned and chipper, which does not happen by chance; their résumés circulate with head shots. Before Andy Cohen was a talk-show host, he was the head of production and development at Bravo, where he green-lighted a reality show about a yacht crew: “It’s a total pressure cooker, and they’re actually living together while they’re working. Oh, and by the way, half of them are having sex with each other. What’s not going to be a hit about that?” The result, the gleefully seamy “Below Deck,” has been among the network’s top-rated shows for nearly a decade.

To stay in the business, captains and crew must absorb varying degrees of petty tyranny. An owner once gave O’Shannassy “a verbal beating” for failing to negotiate a lower price on champagne flutes etched with the yacht’s logo. In such moments, the captain responds with a deferential mantra: “There is no excuse. Your instruction was clear. I can only endeavor to make it better for next time.”

The job comes with perilously little protection. A big yacht is effectively a corporation with a rigid hierarchy and no H.R. department. In recent years, the industry has fielded increasingly outspoken complaints about sexual abuse, toxic impunity, and a disregard for mental health. A 2018 survey by the International Seafarers’ Welfare and Assistance Network found that more than half of the women who work as yacht crew had experienced harassment, discrimination, or bullying on board. More than four-fifths of the men and women surveyed reported low morale.

Karine Rayson worked on yachts for four years, rising to the position of “chief stew,” or stewardess. Eventually, she found herself “thinking of business ideas while vacuuming,” and tiring of the culture of entitlement. She recalled an episode in the Maldives when “a guest took a Jet Ski and smashed into a marine reserve. That damaged the coral, and broke his Jet Ski, so he had to clamber over the rocks and find his way to the shore. It was a private hotel, and the security got him and said, ‘Look, there’s a large fine, you have to pay.’ He said, ‘Don’t worry, the boat will pay for it.’ ” Rayson went back to school and became a psychotherapist. After a period of counselling inmates in maximum-security prisons, she now works with yacht crew, who meet with her online from around the world.

Rayson’s clients report a range of scenarios beyond the boundaries of ordinary employment: guests who did so much cocaine that they had no appetite for a chef’s meals; armed men who raided a boat offshore and threatened to take crew members to another country; owners who vowed that if a young stew told anyone about abuse she suffered on board they’d call in the Mafia and “skin me alive.” Bound by N.D.A.s, crew at sea have little recourse.“We were paranoid that our e-mails were being reviewed, or we were getting bugged,” Rayson said.

She runs an “exit strategy” course to help crew find jobs when they’re back on land. The adjustment isn’t easy, she said: “You’re getting paid good money to clean a toilet. So, when you take your C.V. to land-based employers, they might question your skill set.” Despite the stresses of yachting work, Rayson said, “a lot of them struggle with integration into land-based life, because they have all their bills paid for them, so they don’t pay for food. They don’t pay for rent. It’s a huge shock.”

It doesn’t take long at sea to learn that nothing is too rich to rust. The ocean air tarnishes metal ten times as fast as on land; saltwater infiltrates from below. Left untouched, a single corroding ulcer will puncture tanks, seize a motor, even collapse a hull. There are tricks, of course—shield sensitive parts with resin, have your staff buff away blemishes—but you can insulate a machine from its surroundings for only so long.

Hang around the superyacht world for a while and you see the metaphor everywhere. Four months after Putin’s invasion of Ukraine, the war had eaten a hole in his myths of competence. The Western campaign to isolate him and his oligarchs was proving more durable than most had predicted. Even if the seizures of yachts were mired in legal disputes, Finley, the former C.I.A. officer, saw them as a vital “pressure point.” She said, “The oligarchs supported Putin because he provided stable authoritarianism, and he can no longer guarantee that stability. And that’s when you start to have cracks.”

For all its profits from Russian clients, the yachting industry was unsentimental. Brokers stripped photos of Russian yachts from their Web sites; Lürssen, the German builder, sent questionnaires to clients asking who, exactly, they were. Business was roaring, and, if some Russians were cast out of the have-yachts, other buyers would replace them.

On a cloudless morning in Viareggio, a Tuscan town that builds almost a fifth of the world’s superyachts, a family of first-time owners from Tel Aviv made the final, fraught preparations. Down by the docks, their new boat was suspended above the water on slings, ready to be lowered for its official launch. The scene was set for a ceremony: white flags in the wind, a plexiglass lectern. It felt like the obverse of the dockside scrum at the Palm Beach show; by this point in the buying process, nobody was getting vetted through binoculars. Waitresses handed out glasses of wine. The yacht venders were in suits, but the new owners were in upscale Euro casual: untucked linen, tight jeans, twelve-hundred-dollar Prada sneakers. The family declined to speak to me (and the company declined to identify them). They had come asking for a smaller boat, but the sales staff had talked them up to a hundred and eleven feet. The Victorians would have been impressed.

The C.E.O. of Azimut Benetti, Marco Valle, was in a buoyant mood. “Sun. Breeze. Perfect day to launch a boat, right?” he told the owners. He applauded them for taking the “first step up the big staircase.” The selling of the next vessel had already begun.

Hanging aloft, their yacht looked like an artifact in the making; it was easy to imagine a future civilization sifting the sediment and discovering that an earlier society had engaged in a building spree of sumptuous arks, with accommodations for dozens of servants but only a few lucky passengers, plus the occasional Pomeranian.

We approached the hull, where a bottle of spumante hung from a ribbon in Italian colors. Two members of the family pulled back the bottle and slung it against the yacht. It bounced off and failed to shatter. “Oh, that’s bad luck,” a woman murmured beside me. Tales of that unhappy omen abound. In one memorable case, the bottle failed to break on Zaca, a schooner that belonged to Errol Flynn. In the years that followed, the crew mutinied and the boat sank; after being re-floated, it became the setting for Flynn’s descent into cocaine, alcohol, orgies, and drug smuggling. When Flynn died, new owners brought in an archdeacon for an onboard exorcism.

In the present case, the bottle broke on the second hit, and confetti rained down. As the family crowded around their yacht for photos, I asked Valle, the C.E.O., about the shortage of new boats. “Twenty-six years I’ve been in the nautical business—never been like this,” he said. He couldn’t hire enough welders and carpenters. “I don’t know for how long it will last, but we’ll try to get the profits right now.”

Whatever comes, the white-boat world is preparing to insure future profits, too. In recent years, big builders and brokers have sponsored a rebranding campaign dedicated to “improving the perception of superyachting.” (Among its recommendations: fewer ads with girls in bikinis and high heels.) The goal is partly to defuse #EatTheRich, but mostly it is to soothe skittish buyers. Even the dramatic increase in yacht ownership has not kept up with forecasts of the global growth in billionaires—a disparity that represents the “one dark cloud we can see on the horizon,” as Øino, the naval architect, said during an industry talk in Norway. He warned his colleagues that they needed to reach those “potential yacht owners who, for some reason, have decided not to step up to the plate.”

But, to a certain kind of yacht buyer, even aggressive scrutiny can feel like an advertisement—a reminder that, with enough access and cash, you can ride out almost any storm. In April, weeks after the fugitive Motor Yacht A went silent, it was rediscovered in physical form, buffed to a shine and moored along a creek in the United Arab Emirates. The owner, Melnichenko, had been sanctioned by the E.U., Switzerland, Australia, and the U.K. Yet the Emirates had rejected requests to join those sanctions and had become a favored wartime haven for Russian money. Motor Yacht A was once again arrayed in almost plain sight, like semaphore flags in the wind. ♦

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By Ben McGrath

By Rachel Syme

By Nicola Twilley

By Amy Davidson Sorkin

A Look Inside a $100 Million Superyacht

Wealthy boat owners are trading life on land for the high seas—but some are finding living on a large yacht for months on end comes with a cost

Vural Ak, 54, a Turkish entrepreneur and speed enthusiast whose interests include a rental car company, agricultural businesses and a motor sport racetrack, completed his superyacht, the roughly 280-foot motor yacht Victorious, last year.

Superyachts are generally defined by brokers as those over 25 meters in length.

Mr. Ak, who normally lives in Istanbul, said he intends to spend four or five months a year on the boat and, as such, like many other yacht owners, is looking to maximize its autonomy.

The main corridor

The nearly 280-foot -long superyacht is designed to appeal to Mr. Ak's family as well as to charter passengers.

A children's playroom

The long-distance Victorious has a range of about 15,000 miles and enough refrigerated food storage and freezers to provision for six months at sea.

A lounge on the upper deck

It has a gentleman’s club with a wood-burning fireplace, a beach club, a gym, a massage room (pictured), a beauty salon, a hammam and a flexible workspace that can be transformed into an entertainment area.

The cost: roughly $100 million.

He purchased the incomplete yacht from Graeme Hart, New Zealand’s richest man, in 2016, he said.

The master cabin

Then, struggling to find a shipyard that could complete the boat to his desired specifications, he eventually resorted to starting his own shipbuilding company in Istanbul.

The main stairs

His wife, Nur Ak, and friends thought he had lost his mind, he said.

A bathroom on board

But the new venture has given Mr. Ak a front-row seat to the frenzied state of the yachting world.

After taking his boat to a yacht show in Monaco earlier this year, he entered contract talks to build four yachts, a striking wave of demand for such a new company.

Storage for sea toys

Meanwhile, he’s finding that “the logistics chain is nearly broken,” he said. “You order something and it comes only after many, many months,” he said.

Produced by Julia Munslow

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If the jewelers on Capri send flowers to you on arrival of your yacht, you are surely mega rich.

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The pool at five-star Punta Tragara.

The world-famous Faraglione

Gilded vacationers take over Capri during the summer months.

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Il Riccio Ristorante seafood platter

The scene at Il Riccio Ristorante

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Inside the Rich, Young and Wild Scene of Capri: Mega Yachts, $45,000 Handbags and Tony Island Retreats

A h, the jeunesse dorée  decorating the cafe tables and dressing the narrow lanes of Capri . The young and the restless, the rich and hardly famous, Americans, Europeans and the ubiquitous Asians. Those who tender in from their mega yachts and those who ferry over from Sorrento .

The summer tableau of Italy’s sublime island pulsates in a kaleidoscope of high fashion, high style and astronomical wealth.

Where else in such a diminutive hamlet are $45,000 handbags sold alongside $40,000 whimsical rhino sculptures and where jewels are easily priced in six and seven figures? Where else does the town square (in this case the  Piazza Umberto ) nightly become the vortex of social interaction? The cognoscenti understand that table reservations in the square are a must, particularly at the terribly chic Gran Caffè .

The toniest address on the island is the Grand Hotel Quisisana where preening is at its finest in the outdoor cafe at the hotel entrance. At the end of the main mercantile drag, draped in riotous banks of bougainvillea, through Capri proper, the five-star Punta Tragara beckons with its al fresco La Pergola bar where mixologists work martini magic with all varieties of gins and mixers.

The luncheon scene rolls into high gear at Il Riccio Ristorante where the seafood is fresh, the pasta homemade and the rosé dispensed from jeroboams and methuselahs (eight bottles) and the midday repast easily reaches $300 a person.

The toniest address off the island is on one of the mega yachts that populate the waters off the southern face of Capri and within view of the world famous Faraglione , the trio of giant rocks rising from the sea. This is where you’ll find Russian billionaire Roman Abramovich’s  533-foot Eclipse , L Brands (think Victoria’s Secret) CEO Les Wexler’s 315-foot Limitless , or David Geffen’s Rising Sun .

Set your Easter Table with Bering's

Yacht owners and their guests tender over to be greeted by a parade of extended convertibles ready to sweep the gilded tourists up the winding roads to the Capri township for rarefied shopping and sophisticated people watching. The taxis will take you onward and upward to Anacapri and its more down to earth charms.

The storied Blue Grotto  reigns as the island’s top tourist attraction. But for Capri regulars, it’s an excursion best left for the day trippers.

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Meet the oligarchs: the Russian billionaires whose jets, yachts and mansions are now in the crosshairs

Some of Russia’s super rich are finding their assets in the west under threat of sanctions from the US

For a growing number of Russia’s richest and most powerful men, now would be a very bad time to take their private jets and superyachts to their mansions in the United States.

Yesterday, the White House announced it would expand the list of Russian oligarchs subject to full blocking sanctions – the highest level of restrictions – as it ramps up punishment against Russia for its invasion of Ukraine. Some of the newly named oligarchs overlapped with a list of Russian elites on whom the European Union imposed sanctions earlier this week, although there were some notable differences.

The federal government won’t just stop at freezing these targets’ assets, but will seize them, Joe Biden announced in his State of the Union address on Tuesday.

In charge of appropriating these assets will be KleptoCapture , a newly announced justice department taskforce, with support from the treasury department, FBI, IRS and other federal agencies. Under US law, the justice department may use civil forfeiture to confiscate the proceeds from foreign crimes, including corruption, when they are found in the United States.

Their efforts will complement those of a transatlantic taskforce announced over the weekend between the United States, France, Germany, Italy, the United Kingdom, Canada and the European Commission.

“We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets. We are coming for your ill-begotten gains,” Biden said.

The Feds may have their work cut out. US regulations are lax when it comes to requiring disclosures of real estate transactions by foreign individuals, making the country a prime destination for Russian’s uber-rich looking to snap up prime properties without scrutiny.

Other favorite toys of oligarchs like planes and boats are commonly registered through shell companies. And many of those luxury craft have begun traveling toward extradition-free territories such as the Maldives, according to Bloomberg News .

Here’s an introduction to the Russian oligarchs now joining the US sanctions list – as well as a few others who haven’t been targeted yet, but have notable US ties.

Alisher Usmanov

Russians know Alisher Usmanov as one of Vladimir Putin’s “favorite” oligarchs. The country’s richest man until 2015, Usmanov owns a majority stake in Russia’s second-largest phone network, MegFon, and a large stake in the iron and steel giant Metalloinvest.

But few Americans know that Usmanov also helped give us Facebook. The billionaire began investing in the social network in 2009, when Zuckerberg’s firm was having trouble accessing funding in the wake of the financial crisis. Usmanov ultimately poured over $900m into the firm, owning as much as 10% of the company before selling his stake in 2014 and netting himself billions. He was also a major investor in Apple, Twitter, LinkedIn, Groupon and Zynga.

Usmanov was subjected to sanctions by the EU on Monday, and on Wednesday German authorities seized his $600m megayacht , the Dilbar – which boasts the world’s largest yacht-based indoor swimming pool. On 3 March he was among those added to the sanctions list by the US. The oligarch still has a $200m private Airbus A340.

The Rotenbergs

Long before brothers Arkady and Boris Rotenberg became two of Russia’s wealthiest tycoons, they were teenage Vladimir Putin’s judo training buddies, a role they continued into adulthood. Clearly they were good at it, because after Putin became president he rewarded the brothers with the control of large state-owned enterprises and lucrative contracts, netting them a massive fortune.

The Rotenbergs have since built a huge family empire of international investments under a web of shell companies, which has made Arkady’s son Igor a billionaire in his own right. Despite Arkady and Boris getting US sanctions after Russia’s 2014 invasion of Crimea, the brothers “continued actively participating in the US art market by purchasing over $18 million in art in the months following the imposition of sanctions”, according to a US Senate report . Rotenberg-linked shell companies continued making transactions in the US financial system worth over $91m long after the sanctions, according to the report.

In addition to Arkady and Boris, Igor and five additional family members were added to the US sanctions list this week.

Igor Shuvalov

Russia’s deputy prime minister from 2008 to 2018, Igor Shuvalov is now the chairman of VEB, the Russian development bank that finances major infrastructure projects, including the Sochi Olympics. He has claimed to be one of Russia’s cleanest officials, telling media he transferred all his wealth to Russia in 2013, and only kept it offshore before that to avoid spoiling his kids . But an investigation by the anti-corruption activist Alexei Navalny found that Shuvalov, through a shell company, bought two London luxury apartments in 2014 for $11.4m and has used a secret private jet to fly his wife’s corgis around the world because, as one of his staffers explained, “it’s not that comfortable in business class”.

He won’t be able to fly his corgis as many places now that he’s on the US and EU’s sanctions lists.

Yevgeniy Prigozhin

Legend has it Yevgeniy Prigozhin began his rise to power selling hot dogs , shortly after getting released from prison for robbery. The wiener venture was apparently a smash hit, and within years he had opened high-end restaurants that counted Russia’s leader among their clientele, earning him the nickname of “Putin’s chef” and catapulting him into the inner circles of Russia’s elite.

Americans might be more familiar with another one of Prigozhin’s businesses: the Internet Research Agency, which employed a troll army that began by supporting Russia’s 2014 invasion of Crimea, before turning its efforts to influencing the 2016 US presidential election in favor of Donald Trump. Prigozhin and the Internet Research Agency were indicted by a US grand jury in 2018 for interfering with the election, and he was added to an FBI wanted list in 2021.

He’s now on both the US and EU sanctions lists for running disinformation campaigns to support Russia’s invasion of Ukraine.

Sergey Chemezov

A former KGB officer who befriended Vladimir Putin in the 1980s while living in the same apartment building, Sergey Chemezov rose through Russia’s public and private sector in Putin’s wake, and in 2007 was appointed as CEO of Russia’s state-owned defense giant Rostec, a position he still holds today. Chemezov was sanctioned by the US in 2014 amid Rostec’s role as a supplier for Russia’s invasion of Crimea, and Washington is targeting him again, now with his family members.

According to investigative reports and allegations from the jailed activist Alexei Navalny, Chemezov’s relatives have used shell companies to accumulate eye-watering assets , including superyachts and luxury villas around the world. But Chemezov says he’s clean, telling Russian media in 2019: “I do not accumulate wealth. I don’t stuff money in the corners. I don’t have yachts or airplanes.”

Nikolai Tokarev

Another former KGB officer who served alongside Putin and Chemezov, Nikolai Tokarev took over former Soviet state assets as Putin built his political power, and in 2007 became the head of the state-controlled oil giant Transneft. The oligarch has used his position at Transneft to build a business and real estate empire, which reportedly includes sponsoring an extremely fancy palace that’s said to be personally used by Putin. Tokarev was hit by US and EU sanctions this week.

Vladimir Potanin

Reportedly the second richest man in Russia, the banker, metals mining tycoon and former deputy prime minister Vladimir Potanin was among a small circle of oligarchs who met with Putin last week as the invasion of Ukraine began.

Potanin has played a big role in American arts: he has been a board member of New York’s Guggenheim Museum for two decades, until he stepped down on Wednesday. He has also given millions to the Kennedy Center in Washington, which carved his name into a wall. He is also known to have owned property in New York City , which came to light during a divorce fight that could cost him $7bn.

Potanin isn’t currently under US sanctions, which is good news for his three megayachts and two private jets (that we know about).

Leonid Mikhelson

Russia’s richest man in 2016, Leonid Mikhelson is the founder and chairman of natural gas producer Novatek, a close friend of Putin’s, and a business partner of Gennady Timchenko, a billionaire who has been under US sanctions since 2014.

Mikhelson loves art: along with his $200m art collection, he was on the board of trustees at New York’s New Museum from 2013 to 2017, and has sponsored exhibitions at the Art Institute of Chicago and London’s Tate Modern. His ostentatious superyacht, the Pacific, can reportedly accommodate two helicopters.

But his other assets may be harder to trace. In 2017, the Panama Papers revealed that Mikhelson had used an intricate system of shell companies to secretly register a $65m Gulfstream private jet in the United States, which in most cases requires US citizenship or permanent residency.

The tycoon is not currently subject to sanctions, though his company Novatek is.

Petr Aven is the head of Alfa Group, a commercial bank subject to US sanctions that helped him amass an estimated $5.5bn fortune. A well-known collector of classical Russian paintings, Aven has lent works from his collection – reportedly worth $200m – to New York’s Museum of Modern Art and the Neue Galerie. Aven reportedly has never bought a plane or yacht, and told the FT “all my money goes in to art.” That is, of course, if you don’t count the millions he spent transforming an 8.5-acre plot in England into a “KGB-proof” mansion , complete with a bomb-proof panic room.

Last year, Aven filed a libel lawsuit against HarperCollins for a book it published about Vladimir Putin’s rise, Putin’s People.

Aven was sanctioned on Monday by the EU, which described him as “one of Vladimir Putin’s closest oligarchs” and one of “approximately 50 wealthy Russian businessmen who regularly meet with Vladimir Putin in the Kremlin”. He has not yet been placed under sanctions by the US or UK.

Mikhail Fridman

Petr Aven’s business partner, Mikhail Fridman, is Alfa Group’s founder and a Ukrainian-born Russian oligarch. Fridman has made substantial investments in the United States, which include spending a reported $1bn in 2011 to buy up distressed properties across the east coast, telling the Wall Street Journal at the time, “The American market is the most well-regulated and liquid market in the world. It has the best protection for investor rights.”

Through Fridman’s investment group, LetterOne, the billionaire also sank $200m into Uber , and $50m into the telecom startup FreedomPop. Fridman also caused a stir in 2018 when he spoke alongside Aven at a closed-door dinner hosted by the Atlantic Council, a major US foreign policy thinktank, in what critics saw as an unofficial Kremlin mission to protest against US sanctions.

Last week, Fridman became one of the first oligarchs to speak out against the invasion of Ukraine, calling it a “tragedy” and writing that “war can never be the answer.” Nonetheless, Fridman was subjected to sanctions on Monday by the EU, which named him as “a top Russian financier and enabler of Putin’s inner circle”. Like Aven, he has not yet been placed under sanctions by the US or UK.

The oligarch has a son, Alexander, who is reportedly attending NYU’s Stern business school, after a stint in Moscow selling hookah .

Alexei Mordashov

Currently Russia’s richest man, Alexei Mordashov owns a third of Tui, Europe’s biggest tourism firm, and gained his billions as the chief executive of Russia’s largest steel and mining firm, Severstal. He is also a large shareholder of the Bank of Rossiya, which has opened up branches across Russia-occupied Ukrainian territory in recent years.

Over the last two decades, the billionaire has also poured money into the United States, investing heavily through Severstal in steel companies in the midwest before selling them for $2.3bn in 2014.

Mordashov has been hit with sanctions by the EU, but the US hasn’t taken action yet. They would be interested in his Bombardier Global 6000 private jet and multiple superyachts, including the $500m Nord, which Senator Bernie Sanders noted on Tuesday had been “sailing in the Seychelles region for more than 10 days” in a Twitter thread about Russian offshore wealth.

Roman Abramovich

Roman Abramovich, the longtime owner of Chelsea FC, has been described by a member of the UK parliament as a “ key enabler ” of Putin’s regime, which Abramovich has long denied. An orphan raised by his grandparents in Siberia, Abramovich pulled himself up by his bootstraps the old-fashioned way: wriggling into the inner circles of government and then profiting hugely by selling previously state-owned assets that he acquired after the fall of the Soviet Union.

The billionaire owns one of the world’s most outlandish yachts, complete with an onboard submarine and three helicopters. He has also owned a number of ultra-expensive properties in the United States, including a trio of buildings in New York City’s Upper East Side worth more than $90m combined, which he transferred to his third wife, Darya Zhukova, in 2018.

Abramovich is not currently under western sanctions. Earlier, the British prime minister, Boris Johnson, told the House of Commons that Abramovich was “already facing sanctions” though later said he “misspoke”.

This article was amended on 7 March 2022 to clarify that Leonid Mikhelson was on the New Museum’s board from from 2013 to 2017

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A look at the most expensive superyachts at the Palm Beach yacht show and their insane features, from basketball courts on deck to ice baths and saunas

The Palm Beach International Boat Show kicks off later this week.

Eight megayachts are expected to be on display for would-be buyers and charter customers.

These are the show's biggest yachts — and how many millions of dollars they are going for.

The Palm Beach International Boat Show — the yacht world's flashiest event stateside — is returning this year with over 800 boats for both deep-pocked potential owners and window shoppers to peruse.

While it's impossible to know what exactly will be on display until the show begins on Thursday, it's expected that eight megayachts — generally defined as ships over 60 meters long — will be docked at the show and at nearby marinas like the Rybovich Marina in the ritzy Florida town.

Some of these are for sale at eye-popping prices, but others are available to if in case you fancy living like a billionaire for a week or two this summer (and if you have six figures to spare on a vacation).

These are the eight biggest yachts that will be at the Palm Beach International Boat Show and nearby marinas, in size order.

Nero: 90.1 meters

Price: From $497,000 a week (charter) Standout features: Pizza ovens, beauty salon, massage room, resistance pool

Reportedly owned by Irish billionaire Denis O'Brien, Nero is modeled after J.P. Morgan's 1930s ship , and was built in 2007 and updated in 2021.

She now boasts a gym on her sundeck with multiple cardio machines and a beauty salon, and has an on-board beautician for manicure, pedicure, hair, and massage needs. There's also an upgraded movie theater, two new pizza ovens, and both a pool and a jacuzzi.

For those who want to go overboard, she has more than a dozen toys, including a waterslide, Jet Ski, and flyboard.

Victorious: 85 meters

Price: From $876,600 a week in the summer and $950,000 a week in the winter Standout features: Hammam (Turkish bath), wine cellar, wood-burning fireplace, children's playroom

Victorious brings a party vibe to the yacht show. With a beach club on board, a wine cellar, a cigar clubroom , multiple bars, and a lounge with a piano, the vessel is made for entertaining. Plus, there's a playroom and movie theater to entertain the kids.

For tamer charter clients, Victorious has a suite of wellness features such as a gym, massage room, beauty salon and hammam, or Turkish bath — perhaps a custom request of her owner, Turkish businessman Vural Ak.

She also boasts a treasure trove of water toys, including Jet Skis, jetsurfs, inflatable kayaks, and scuba equipment.

Casino Royale: 72 meters

Price: TBD Special Features: Infinity pool, helipad, private jacuzzi

Purchased and refitted by car dealer magnate John Staluppi last year, Casino Royale is the latest of his James Bond-inspired yachts (he's also owned an Octopussy and a Skyfall, among others).

Casino Royale has a helipad that turns into a dancefloor, an infinity pool, and a wellness center with a gym and sauna. The owner's cabin has its own deck, which features a private bar and jacuzzi.

However, the boat's price isn't listed, and while she's not necessarily officially for sale, that might change depending on who's prepared to buy, Mr. Bond.

Talisman C: 70.6 meters

Price: $60 million (or from $567,000 a week to charter) Special features: Massage and beauty room, private library

Likely the largest yacht for sale (not just charter) at the show, the Talisman C is a 2011 six-bedroom boat. The owner's cabin comes with an en suite bathroom, dressing room, private library, and crystal chandeliers.

Amenities include a gym, a beauty room, oversized jacuzzi, and a fully equipped bar. Her crew of 19 includes a trained masseuse, and the toy room comes equipped with a wakeboard, eFoil , and WaveRunners.

Joy: 70 meters

Price: From $650,000 a week Special features: Disco club, basketball court, onboard fitness instructor

Superyacht Joy testifies to the fact that owners want as many on-board experiences as they can get.

There's an expansive suite of fitness features, including a basketball court (don't shoot that hoop too hard!), a personal trainer on staff, boxing equipment, and a handful of machines. For post-workout winddowns, there's a spa with a steam room and onboard masseuse. And for entertainment, there's both an outdoor and indoor cinema, and a disco club.

Triumph: 65.4 meters

Price: From $707,600 a week in the summer and $650,000 a week in the winter Special features: Sauna, helipad, banana boat

This 2021 superyacht is named after Triumph motorcycles — a reported favorite of her rumored owner, British businessman Chris Dawson — and even has one on display as an art piece in the upper deck's lounge. The primary suite is 1,400 square feet and has its own study , and there's a sauna, an indoor-outdoor gym, a helipad, and a massage room spread among her six decks.

She boasts an "armada of water toys," including two kinds of Jet Skis, electric water bikes, and a banana boat.

Seanna: 64.5 meters

Price: $54,000,000 (or from $462,000 a week to charter) Special features: marble foyer, movie room, sundeck pool

The recently refurbished Seanna is available for sale and charter.

Her indoor-outdoor gym is on sea level so that passengers can take a dip after a session with the onboard personal trainer. There's also a sundeck pool, a helipad, a two-room massage facility, and, for the more cerebral guests, a library with an electric fireplace.

There are a number of toys on board, including a popular water trampoline and two WaveRunners.

Come Together: 60 meters

Price: $65,000,000 Special Features: DJ and videographer on board, ice bath, sauna

Next-to-new yacht Come Together is looking for a new owner after doing charters during the 2023 season.

The Beatles' influence is evident beyond the yacht's name, with guitars dotting the sky lounge and a crewmember who doubles as a DJ. There's also an outdoor cinema and bar for entertainment and an ice bath and sauna for the day after the party. The owner's suite has a private study and lounge, and each guest cabin has its own ensuite.

The sale includes a number of toys, like Jet Skis, kayaks, and Seabobs.

Read the original article on Business Insider

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Miami Beach real estate investor under investigation for firing shotgun from waterfront home

MIAMI (WSVN) - An investigation is underway after a man was seen on video firing his shotgun off a boat at his Miami Beach home.

It was a real blast on Thursday at the high-end Lakeview section on Miami Beach.

Video obtained exclusively by 7News showed the man, identified as Patrick Carroll, firing his shotgun causally on the boat while wearing a “Make America Great Again” hat.

Carroll is real estate investor who lives in a $16.5 million waterfront mansion.

The 44-year-old, according to law enforcement sources, was firing those shots from a boat that was docked at his home.

In a second video, a second long-gun was also seen. The footage was initially posted on Carroll’s Instagram account, which is now being used in an investigation by the Miami Beach Police Department, who learned about the Bayside shooting session by concerned neighbors.

Police told 7News that officers arrived at Carroll’s home Thursday before being told by him that he was only firing blanks. They also said that a second call was made about Carroll over the weekend, but police have not provided those details.

7News went to Carroll’s home Monday afternoon to get his side of the story, but those at his home didn’t say if he was home or if he would comment on the incident.

When crews returned to his home Monday night, two dogs, a doberman and a Belgian Malinois, were released and roamed the neighborhood without any leashes.

Police were called to the scene.

Carroll eventually came out of his home and said that he was firing blanks from the shotgun and that he was making a gun safety demonstration video.

“I was doing a demonstration. I was doing a demonstration on gun safety,” Carroll said. “Using blanks.”

When confronted about the constant police presence at his home, Carroll claimed he has not done anything wrong and left the scene.

On his Instagram account over the weekend, Carroll seemed to address the gun-play.

“I will slow down the posts,” he said. “Most of the negative things out there about me, and, I think, you know, people, you know think badly about me. They just get the wrong impression.”

Carroll has a significant online presence with over a million Instagram followers.

“I’m a loud guy, I’m 6’4, 220 [pounds]. I’m a big guy, right?” Carroll said in an Instagram post. “The mistake I made on Instagram, you know, if you call it a mistake, is just posting too much content. I’m hyper, I’m ADD. It’s just because, my life is [expletive] awesome.”

Carroll has been in trouble with the law in the past. He is being sued for allegedly spitting at a Wynwood restaurant manager’s face.

He also has open criminal cases for battery, which includes a 2022 arrest at Gold Rush gentleman’s club in Miami. 7News obtained surveillance video from the club during that incident. According to police and victims, Carroll was screaming profanities and racial slurs.

Neighbors at the Lakeview community said that they’ve been calling police for several days.

Police told 7News that their investigating remains active.

No arrests have been made and no charges have been filed.

Copyright 2024 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Rich Man, Bad Yacht

By Gail Collins

• Aug. 18, 2010

“I started with absolutely nothing and I have lived the American dream,” Jeff Greene, a Senate candidate and billionaire, told a small crowd in one of Miami’s poorest and most crime-ridden neighborhoods this week.

It was not entirely clear how the cheering audience found this information.

But Greene kept repeating it. Like almost all the really, really rich people running for office this year, he regards his story as the core of his campaign. His policy message (jobs, jobs, jobs) and his prescriptions for the American economy (education, infrastructure repair, home weatherization) are pretty much what the Democrats have been pushing in Washington for the last two years.

But Barack Obama doesn’t have a $24 million house and a 145-foot yacht.

“I’m a regular middle-class kid who achieved the American dream,” Greene reminded his listeners.

Greene popped up out of nowhere earlier this year, prepared to “spend what it takes” to grab the Democratic nomination in the U.S. Senate race in Florida to go to Washington and do for America what he has done for his bank account.

Once again, voters are being asked to decide whether the cure for their problems lies in a person who is long on money and short on listening skills. After Greene talked about jobs, jobs, jobs, an unemployed landscaper came up and asked what he would do about the horrific crime rate in the neighborhood.

“Crime is directly related to jobs,” said Greene.

A woman with respiratory problems wanted to know about housing.

“Jobs, housing — these are basic needs.”

Being the rich candidate is not without its burdens. For one, there’s the matter of that yacht, the Summerwind. Greene might see himself as an upstanding family man, but his yacht is bad, bad, bad. It’s an embarrassing, headline-making connection — the Levi Johnston of boats.

The government of Belize says Summerwind tore up a part of a national coral reef with its anchor, but Greene denies knowing anything about it. The yacht went to Cuba, apparently breaking the American embargo. Greene says that was just for emergency repairs, and, anyway, he spent the downtime visiting Cuban synagogues.

Former employees keep telling reporters about wild parties. There are claims that one involved “naked drunken people everywhere.” Greene says these are fantasies cooked up by disgruntled former workers, or reporters trying to blame him for the lifestyle of some of the yacht’s “colorful guests.”

Clearly, the Summerwind has a life of its own, cruising around the globe, burning 50 gallons of fuel an hour, throwing orgies for B-list celebrities while Greene is home reading. It played host to Lindsay Lohan, who Greene claims he’s barely met. It took Mike Tyson on a Black Sea cruise that culminated in a drug-and-sex romp in Amsterdam, but Greene was only around for the part where they visited an 11th-century monastery in Ukraine.

Florida’s primary is Tuesday, and Greene is engaged in mortal combat with Kendrick Meek, a four-term congressman. Greene (white, wealthy) insists Meek (black, yachtless) is the insider in the race, and he does have a point. Meek’s House seat was basically deeded to him by his mother, former Representative Carrie Meek. At a rally in Miami this week, Carrie reminded the audience that her son had been a highway patrolman — “out there on the dangerous streets” — without mentioning that he had spent the bulk of his time in uniform working for the governor’s security detail.

Meek seems to be getting by with a lot of help from his friends. Bill Clinton was the star attraction at his rally, and the former president assured the crowd that they would never be disappointed in Kendrick “because he’ll grow every day.” (Clinton specializes in this kind of mini-compliment. On the subject of Barack Obama, Clinton said: “This is my professional opinion. I believe he has done a much better job than he gets credit for.”)

So Meek’s candidacy is all about connections, while Greene’s is all about money. Their policies are pretty similar, so the whole fight has devolved into character assassination. This week when Greene held a “block party” in Meek’s Liberty City district, he referred to the congressman dismissively as “a perfectly nice fellow.” This was quite a step up from his most recent TV ads. (“Kendrick Meek: Corrupt.”)

Greene has promised that if he wins, he’ll give his Senate salary to Florida charities, and many of the most ardent supporters at the event seemed to be hoping to get on that list. Others were lured in with a barbecue, a face painter for the kids and some bands. The theme was to collect canned goods for the hungry, but Greene bought all the cans.

He learns his fate on Tuesday. For Summerwind, I’m thinking the future involves a trip to rehab. Then maybe a reality show for Yachts Gone Wild.

Nicholas D. Kristof is off today.

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The owner of a $3.4 million Lamborghini yacht screamed 'I will kill you' and threw $100 bills into the water when told he couldn't use a private dock

• The owner of a Lamborghini yacht threatened a private dock employee, per CBS8.
• The employee said Ajay Thakore mooned and threw cash at him after being told he couldn't use the dock.
• Thakore, the CEO of Doctor Multimedia, issued an apology through his public relations team.

The owner of a $3.4 million Lamborghini yacht threatened a private dock employee after being told he couldn't be there, the San Diego-based broadcaster CBS8 reported on March 11.

Joseph Holt, a 21-year-old employee at Marriot Marina in San Diego, told CBS8 that he spotted the yacht sailing into the private dock. The owner, whom CBS8 identified as Ajay Thakore, tried to pick another person up at the dock, Holt said.

"I told him respectfully that he couldn't be there, and I honestly was hoping to have a conversation with him about his cool boat," Holt told CBS8.

In a YouTube video posted by @SM-wc9eq on March 10, a dark blue Tecnomar for Lamborghini 63 is seen sailing out of a dock. A man in a gray T-shirt, a pair of jeans, and a cap was shown standing on the yacht. The man appeared to be Thakore, per CBS8.

Thakore was shown shouting at Holt. "I will kill you, you know I will kill you!" he can be heard saying multiple times in the video

Thakore was later shown pounding his fist on his palm and pointing his thumb down before telling Holt: "To your face!" Holt was shown responding by pointing his middle finger at Thakore.

"I really was trying to restrain myself from getting fired from my job or stepping out of line. The only thing I did was give him the bird," Holt told CBS8.

Related stories

Holt said Thakore then took $100 bills from his wallet and threw them at him. He added that Thakore mooned him. This exchange was not shown in the video.

"He was saying I'm nobody, I'm nothing, I work a silly job. He said that he knows people, he has connections, he can change my life and ruin it," Holt said. Holt did not immediately respond to Business Insider's request for comment.

The San Diego Harbor Police arrived at the marina 10 minutes after Thakore's yacht exited the dock, per CBS8.

The Harbor Police told Business Insider that Holt decided to press charges against Thakore and that they are investigating the incident.

According to Thakore's LinkedIn page , he's the CEO of Doctor Multimedia. The company's website shows that it's a healthcare marketing firm based in San Diego. Thakore appears to go by the name Ace Rogers on Instagram and TikTok, where he's noted as being a professional gambler.

Thakore, through his public relations team, told CBS8 in a statement that his altercation with Holt was "regrettable."

"What started as a minor misunderstanding escalated into an argument, and I apologize for my actions and to those who witnessed the unfortunate exchange," the statement said. Thakore did not immediately respond to a request for comment from BI.

Thakore isn't the only CEO who's been called out for threatening another person. In November 2021, an Activision spokesperson told BI that its ex-CEO Bobby Kotick had previously apologized for telling his assistant he would have her killed. The spokesperson added that Kotick's threat was "obviously hyperbolic and inappropriate" and that "he deeply regrets the exaggeration and tone."

In June 2020, Lisa Alexander, the CEO of LaFace Skincare, a cosmetics company, apologized in a statement to the media after she had threatened to call the police on her neighbor for writing "Black Lives Matter" on his property. Alexander said in the apology that she was "disrespectful" and "should have minded my own business."

March 21, 2024: This story has been updated with Harbor Police's comments.

Watch: The scariest things OceanGate's CEO said about deep-sea diving

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College Sports | West Valley celebrates 33-0 state championship…

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College sports | california home insurance meltdown worsens as state farm sheds 72,000 policies, college sports, subscriber only, college sports | west valley celebrates 33-0 state championship season, sets sights on future , “i was crying tears of joy, and coach yosh shed a couple, too,” scu-bound star elijah mahi said..

SARATOGA – They’ve heard it from classmates, teachers and even counselors.  Sophomore Elijah Mahi says he and the rest of the West Valley College men’s basketball team have  received plaudits from all sides after they powered the program to its first state championship last weekend.

“We’ve been getting incredible praise from everybody around the school for finally winning,” Mahi said Wednesday. “It’s been amazing, even though it’s only been a few days so far. It’s been amazing love from the school and everybody.”

Coach Danny Yoshikawa has also been swamped with congratulatory texts and emails from hundreds, including those from a slew of elated alums and former players, following the team’s 59-51 victory over College of the Sequoias on Sunday in Southern California. 

“There’s been a lot of excitement,” Yoshikawa said. “When I woke up on Monday morning, there were like 500 text messages. It’s been insane.” The final steps of the journey to a 33-0 record and championship glory took the Vikings far from their pristine Saratoga campus. 

West Valley finished its perfect season at Mt. San Antonio College in Walnut, where the Vikings defeated Cerro Coso of Ridgecrest in the quarterfinals on Friday and then got past Yuba College in the semifinals on Saturday. 

In the Saratoga powerhouse’s sixth appearance in the championship game, its third under  Yoshikawa, the Vikings finally staked their claim as the state’s best. Mahi scored a game-high 30 points in his West Valley finale before moving on to Santa Clara University. 

The Toronto native admitted that maintaining the perfect record wasn’t the reason the team felt extra pressure to win.  “Coach Yosh, he’s been at West Valley for years. We were really trying to win for Coach,” Mahi said.

Yoshikawa had recently led the program to the 2022 state title game, a loss to City College of San Francisco.  He brought in key players such as Mahi and Clayton Valley Charter star Jeremiah Dargan that summer to form the nucleus of the championship team. 

“This group of guys has been unreal,” the coach said. “They brought that championship approach every single night.” The team celebrated the championship by spraying water bottles everywhere, to the point that Mahi described the postgame locker room as a “swimming pool.” 

That wasn’t the only reason the West Valley team’s eyes got a little watery. “I was crying tears of joy, and coach Yosh shed a couple, too,” Mahi said. “I think we all did.” Winning it all was cause for celebration, but it was not a stunning outcome for a program with a rich tradition of success dating to the 1980s under former coach Bob Burton.

“That standard was set by coach Burton,” Yoshikawa said. “We’re just trying to carry on that tradition, a standard of excellence.”

Mahi isn’t the only player who will move on this summer. Dargan will leave the Bay Area for the University of Montana, and Yoshikawa says 6-foot-11 big man Shakir Odunewu has offers from four-year colleges and is expected to move on after a great freshman season.

“I’m meeting with my staff in 45 minutes to talk about the rebuild,” Yoshikawa said on Wednesday afternoon.

“We’ve had our few days (to celebrate), but now we’re ready to move on.”

That rebuild won’t start completely from scratch. 

Las Lomas alum Jake Davis, Oakland Tech’s Robel Zemmo and Independence graduate Donavyn Washington are all expected to be back for their sophomore seasons. 

Mahi, who now considers the South Bay his second home, believes Yoshikawa should have no problem getting talented newcomers to join the state champs.  “I’d hope that a lot of young players think about West Valley, now that we’ve done what we’ve done,” Mahi said.

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