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The 15 Most Expensive Yachts in the World

These dream machines show what's possible when money is no object., rachel cormack.

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Al Saïd Lürssen

As superyachts continue to get bigger and more extravagant than ever before, so too do the accompanying price tags. According to the Boats Group’s market index, the average cost of a yacht above 80 feet in the US last year was $5.3 million. As you’ll see below, though, there are a handful of high-end vessels that blow that figure out of the water.

Although it’s difficult to get exact prices in what is a fiercely secretive industry, sales of luxury yachts have surged amid the pandemic and the ultra-wealthy are more willing than ever to fork out for ostentatious ocean goers. Case in point: Billionaire Amazon founder Jeff Bezos reportedly parted with $485 million for his Oceanco megayacht that’s currently in build.

Believe it or not, that’s quite a modest price compared to at least half of the entries on this list. Lürssen’s Dilbar , for instance, is rumored to have cost in the ballpark of $800 million. As alluded to, the shipyards behind these lavish, nine-figure designs seldom share details regarding ownership or price. Therefore, the amounts cited here are estimates pulled together from Wikipedia and other reliable sources. Still, the 15 vessels here give you a good idea of what’s possible when money is no object and the best builders in the business are at your whim.

Lürssen: ‘Dilbar’ — $800 Million

EU authorities began to seize Russian Oligarch's superyachts

Delivered in 2016, Lürssen’s Dilbar is the largest motor yacht in the world by gross tonnage. It’s also the most expensive with an original price tag in the ballpark of $800 million. Weighing in at 15,917 tons, the monolithic 512-footer is one of the most complex and challenging vessels the German yard has ever built. Penned by Espen Øino, Dilbar features a classic profile and a light ivory hull with bronze accents. Onboard, meanwhile, the elegant interiors were brought to life by Winch Design and outfitted with only the best luxury materials. The pièce de résistance is, of course, the 82-foot swimming pool. Lürssen says it is the largest pool ever to have been installed on a yacht. Seafarers also have access to 41,000 square feet of saloons, staterooms, spas and cinemas to explore. German authorities impounded Dilbar earlier this year after establishing it was linked to a Russian billionaire. According to the US Treasury Department, the yacht is now worth between $600 million and $700 million, with annual maintenance costs of about $60 million.

Blohm+Voss: ‘Eclipse’ — $600 Million

Blohm & Voss "Eclipse" Superyacht

The epic 533-foot Blohm+Voss superyacht Eclipse took half a decade to come to fruition before it was finally delivered to Russian billionaire Roman Abramovich in 2010. At that time, it was the largest yacht in the world and certainly one of the most expensive. It has now been 20-odd years and Eclipse still sits at the top of both lists and is estimated to be worth over $600 million. Designed inside and out by Terence Disdale, the vessel is equipped with 17 staterooms, a 185-foot-long owner’s deck with a palatial owner’s suite, a giant swimming pool that doubles as a dance floor, a gym, a beach club and a spa. Other highlights include a helicopter hangar with space for three choppers and a garage that can hold six tenders. On top of that, Eclipse has a top-end speed of 21 knots, with a range of 6,000 nautical miles.

Lürssen: ‘Azzam’ — $600 Million

cost of luxurious yachts

Lürssen has proven itself adept at delivering sizable (and expensive) vessels. In fact, the German yard is behind the world’s longest superyacht, which reportedly set one private owner back more than $600 million. Delivered in 2013, Azzam measures just shy of 593 feet and offers a volume of 13,136 GT. Penned by Nauta Yacht, the yacht’s exterior is characterized by a long, sleek forward area and a series of tiers ascending to the skydeck. The interior, meanwhile, was brought to life by Christophe Leoni and showcases luxurious decor inspired by the Empire style of the early 19th century. Azzam is no slouch on the high seas, either, with a top speed of more than 30 knots. Astonishingly, the behemoth only took three years to build after one year of engineering. Azzam also underwent a refit in 2020 that likely resulted in a few more dollars being spent on her.

Lürssen: ‘Al Said’ — $600 Million

cost of luxurious yachts

Another nine-figure Lürssen megayacht on the list is Al Saïd . Delivered in 2008, the 508-footer reportedly set the Sultan of Oman roughly $600 million and, well, you can tell. Designed by Espen Øino, Al Saïd ’s exterior is reminiscent of a classic cruise liner with the twin-exhaust stacks in the center of the superstructure. Sporting a steel hull and lightweight aluminum superstructure, the yacht is capable of 25 knots flat out, with a cruising speed of 22 knots. Inside, meanwhile, the contemporary interior was penned by Redman Whiteley Dixon. Highlights include a concert hall that can hold a 50-piece orchestra.

Lürssen: ‘A+’ (Topaz) — $527 Million

Lürssen Topaz largest yachts in the world

Lürssen megayacht A+ , previously known as Topaz , reportedly cost approximately $527 million (€400 million) to come to fruition. It is the fourth-largest yacht ever built by the German shipyard and was launched back in 2012. It’s rumored that Sheikh Mansour bin Zayed al Nahyan, the deputy prime minister of the UAE and owner of Manchester City Football Club, took delivery of the vessel and is the current owner. A+ ’s exterior was penned by Tim Heywood Designs, while her interior was brought to life by Terence Disdale. She is equipped with cabins for 62 guests and 72 crew, as well as two helipads, a pool and a large swim platform. What more do you need?

Fincantieri: ‘Serene’ — $444 Million

A float plane flies over the super yacht Serene during take off in Ketchikan, Alaska Friday morning. Work began on the 493-foot 3-inch yacht in 2007 by Italian shipbuilder Fincantieri. The ship has a crew of 52 and room for 24 guests. The seven deck vessel has landing capabilities for two helicopters and for a submarine and a sea water pool. (AP Photo/Ketchikan Daily News, Hall Anderson)

Fincantieri’s first superyacht turned out to be big in terms of both proportions and price. The 439-footer was the largest yacht ever launched in Italy when it hit the water in 2011 and cost approximately $444 million (€450 million) to complete. Designed by Espen Øino, the seven-deck vessel is characterized by a sleek blue hull, a contrasting white superstructure and a ton of racy curves. She’s brimming with amenities, too, including an enclosed winter garden for dining in any season, a tender garage large enough to house a submarine and a supersized swimming pool for soaking. She also has two helipads and a hangar to facilitate comings and goings. Although the details of Serene ’s interior remain tightly under wraps, we do know Pascale Reymond of Reymond Langton Design penned the 43,056-square-foot living quarters.

Platinum Yachts: ‘Dubai’ — $400 Million

DUBAI UAE - DEC 16: Dubai - yacht of the Sheikh Mohammed bin Rashid Al Maktoum the ruler of the Emirate of Dubai. December 16 2014 in Dubai UAE

Dubai was, quite literally, built for royalty at a princely fee of roughly $400 million. The superyacht was originally commissioned by Prince Jefri Bolkiah of Brunei as a joint project between Blohm+Voss and Lürssen. The duo only got to finish the bare hull and skeletal superstructure before construction was halted in 1998. The incomplete design was then sold to the government of Dubai and turned into a royal yacht for the country’s ruler. The 532-footer, which was finished off by Platinum Yachts, was delivered to Sheikh Mohammed bin Rashid Al Maktoum in 2006. Penned by Winch Design, Dubai spans seven decks and can sleep 24 guests and 88 crew. Befitting a sheikh, she is also equipped with a landing pad for a Black Hawk helicopter, a submarine garage, a disco and a cinema.

Blohm+Voss : ‘Motor Yacht A’ — $300 Million

Motor Yacht A 2008

Legend has it that architect Philippe Starck sketched the design for Motor Yacht A on a napkin in a matter of minutes. Blohm + Voss then sold the superyacht for approximately $300 million. Commissioned by Russian industrialist Andrey Melnichenko, the 390-footer is characterized by a minimalist exterior and a highly distinctive pelican bow that cuts a striking silhouette. With a beam of 62 feet, the vessel offers a generous interior volume of 5,500 GT. She offers accommodation for 14 guests and 42 crew. She also has no less than three swimming pools, one of which has a glass bottom that creates a wow factor on the deck below. Melnichenko kept  Motor Yacht A for nearly a decade before replacing it with Nobiskrug’s Sailing Yacht A . The 468-footer is not only the largest sailing yacht in the world, but also the most expensive with an estimated value of $578 million .

Lürssen: ‘Radiant’ — $300 Million

cost of luxurious yachts

The tale behind Radiant ’s price tag is almost as long as the 360-footer itself. Rumor has it, the superyacht was built for Russian tycoon Boris Berezovsky at a cost of roughly $149 million (€148.5 million). After Berezovsky ran into financial difficulties, he asked Edmiston to list the vessel for $352 million (€350 million) and it eventually sold for a hair under that. Delivered in 2010, Radiant sports a steel hull, an aluminum superstructure and gorgeous teak decking. She can comfortably accommodate up to 20 guests in 10 suites, as well as up to 44 crew. Her top-tier amenities include a movie theatre, a beauty salon, a beach club, a gym, a pool, a Jacuzzi, a helipad and a fully stocked tender garage. Certainly sounds worthy of $300 million to us.

Lürssen: ‘Pelorus’ — $300 Million

cost of luxurious yachts

In the late ‘90s, Saudi Arabian businessman Abdulmohsen Abdulmalik Al-Sheikh commissioned Lürssen to create Pelorus . The 377-footer hit the seas in 2003 and was the 11th-largest yacht in the world at the time. During her maiden voyage, Pelorus was sold to Roman Abramovich. The Russian entrepreneur had it altered by Blohm & Voss, adding a second helipad and other lavish amenities. Fast forward to 2009, Irina Abramovich received the yacht as part of her divorce settlement from Roman. She sold it to David Geffen in 2011 via broker Merle Wood for $300 million. Pelorus features a sleek exterior designed by Tim Heywood and a beachy chic interior penned by Terence Disdale. She has several terraces with doors that open out to the sea to create a true indoor/outdoor feel.

Peters Werft: ‘Al Mirqab’ — $300 Million

cost of luxurious yachts

The 436-foot Al Mirqab is one of the largest yachts in the world and has a price tag to match. Launched in 2008, the $300 million vessel was built for Qatar’s former prime minister under the supervision of Kusch Yachts in the Peters Werft shipyard in Germany. Penned by Tim Heywood, the elegant exterior pairs a long, navy-blue hull with a contrasting white superstructure. The interior, meanwhile, was brought to life by Andrew Winch and has won several awards. Arguably, the most striking feature is the Arabic-influenced motifs on the marble floors. Another highlight is the swimming pool on the lower deck, which can be opened up to the sea via side hatches in the hull. Al Mirqab has staterooms for 36, and crew quarters for 45. She was also treated to a refit in 2014 and thus looks fresher than your average 14-year-old vessel.

Abeking & Rasmussen: ‘Aviva’ — $250 Million

cost of luxurious yachts

Abeking & Rasmussen’s Aviva shows what kind of lavish amenities you can get with $250 million. The 323-footer, which was delivered in 2017, features the largest gym on any yacht. It’s so big, in fact, that it houses a full-size paddle tennis court that pulls double duty as a soccer field when the nets are down. Penned by Toby Silverton and Reymond Langton Design, Aviva pairs a curvacious blue exterior with a chic modern interior. She is equipped with a hybrid propulsion system that enables her to reach up to 11 knots using only electric motors or 20 knots with the addition of diesel power. The yacht is reportedly the sequel to another smaller Aviva that was delivered to British billionaire Joe Lewis in 2007. The yacht was launched just 33 months after the signing of the contract, which is quite an impressive feat given the complexity and scope of the project.

Lürssen: ‘Octopus’ — $200 Million 

Octopus Superyacht Exterior

Launched in 2003 at a cost of approximately $200 million, Octopus was built by Lürssen for late Microsoft co-founder Paul Allen. The 414-footer is regularly loaned out for expeditions and scientific research initiatives. A true explorer, it features a dive center with a hyperbaric chamber, a yellow submarine named Pagoo and a remotely operated vehicle that can dive thousands of feet below the surface. Of course, this is complemented by state-of-the-art research technology. In addition, Octopus features two helipads, a hangar and seven tenders to facilitate comings and goings. She is also equipped with 13 staterooms, several bars, a recording studio, a cinema, a spa, a gym, a library and a basketball court. (You might remember Allen once owned the Portland Trail Blazers.) What’s more, Octopus appears to be climbing in price as time goes on. In 2019, the vessel was listed for sale for a cool $325 million .

Lürssen: ‘Rising Sun’ — $200 Million

Lürssen Rising Sun superyacht

Rising Sun was designed by one of the brightest minds in the industry: the late, legendary Jon Bannenberg. In fact, it was the last yacht the Australian designer penned before he died in 2002. The $200 million vessel was built by Lürssen and delivered to Oracle CEO Larry Ellison two years later in 2004. The 138-footer is characterized by large expanses of glass that let in plenty of the sun’s rays. In addition, it offers 86,000 square feet of living space brought to life by Seccombe Design. There are nine cabins for up to 18 guests and generous crew quarters for up to 46 crew. Elsewhere, you’ll find a gym, a cinema, a wine cellar and a basketball court. As for grunt, Rising Sun promises a maximum speed of 28 knots and a cruising speed of 26 knots. She was last refitted in 2011 and is currently owned by billionaire David Geffen.

Lürssen: ‘Solandge’ — $150 Million

Lürssen’s Solandge

Lürssen’s Solandge is rumored to have cost $150 million to come to fruition, and you can tell. Delivered in 2013, the 279-footer is replete with the finest materials. The floor, for example, sports no less than 50 types of exotic wood. There are also around 50 samples of natural stone in the bathrooms. Designed by Espen Øino, Solandge has a sleek exterior with elegant, clean lines. Aileen Rodriguez’s interior, meanwhile, is full to the brim with extravagant amenities. The spa comprises multiple pools on different decks, along with a hammam and a sauna. In addition, the yacht features a beauty salon is equipped with a sink and crane that together creates “snow” à la a snow room, as well as a gym and a massage room. As Lürssen puts it, Solandge was built with pure yachting pleasure in mind.

Rachel Cormack is a digital editor at Robb Report. She cut her teeth writing for HuffPost, Concrete Playground, and several other online publications in Australia, before moving to New York at the…

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How Much Are Luxury Yachts? (Buying & Owning 2023)

Luxury yacht options can range from smaller luxury vessels to massive superyachts that boast numerous amenities and state-of-the-art technology. When you're planning to purchase one, be prepared for a significant investment, as these majestic boats can cost hundreds of millions. For instance, Amazon tycoon Jeff Bezos paid upwards of $498 million for his superyacht.

A small luxury yacht costs $1 million to purchase and $142,000 annually to maintain. A medium-sized luxury yacht has a $10 million purchase price and $498,000 in annual maintenance expenditures. A large, luxurious yacht costs $50 million to purchase and $2,140,000 to maintain each year.

High-quality materials and craftsmanship, advanced and cutting-edge technology, and a wide range of spaces and unique features are what make luxury yachts expensive. Let's find out more about the full spectrum of costs associated with buying and owning a yacht.

  • You can buy small, used luxury yachts for as little as $50,000, medium ones for $1 million, and large used ones for $10 million.
  • You may negotiate with dealers of luxury yachts like Burgess Yachts and Fraser Yachts to get the best price for your budget.
  • Maintenance and repairs of luxury yachts can cost from $100,000 to $13 million or more per year.

cost of luxurious yachts

On this page:

Luxury yachts cost, ongoing ownership costs of a luxury yacht, why luxury yachts are expensive, types of luxury yachts, important considerations before buying.

As you begin your journey into the world of luxury yachts, you need to consider several factors when deciding on the initial purchase. In this section, we'll focus on two key aspects: New Versus Used Yachts and Dealer Prices.

These are just general estimates, and the actual cost of a new or used luxury yacht can vary widely depending on a variety of factors, including the shipyard that built it, the materials used, the level of customization, and the age and condition of the vessel.

New luxury yachts

Purchasing a new yacht allows you to customize it according to your own taste and requirements. You will benefit from the latest technology, design, and features. However, this option also comes with a higher initial cost, and you may experience depreciation in the first few years.

How much does it cost to buy and own a 50-foot yacht ? Here's our detailed article on it.

Used luxury yachts

Buying a used yacht can be a more budget-friendly option. You can find a high-quality vessel at a lower price, especially if it is well-maintained and has low usage. The downside, however, may involve additional costs for refurbishments, upgrades, or repairs that a new yacht wouldn't need.

cost of luxurious yachts

Dealership prices of yachts

You might notice that prices can vary significantly between dealerships and even between different yachts of similar sizes and features. Below are some of the top yacht dealerships in the world. You can contact them directly for more information on their current inventory and pricing.

Burgess Yachts : Burgess is one of the world's leading yacht brokerage firms, with offices in London, Monaco, New York, and other locations. They offer a wide range of luxury yachts for sale, including new and used vessels in various sizes and styles.

Fraser Yachts : Fraser is another leading yacht brokerage firm, with offices in Monaco, London, and other locations. They specialize in the sale and purchase of luxury yachts, as well as yacht management and charter services.

Northrop & Johnson : Northrop & Johnson is a global yacht brokerage firm with offices in the US, Europe, and Asia. They offer a wide range of luxury yachts for sale, as well as charter and management services.

Camper & Nicholsons : Camper & Nicholsons is one of the oldest and most respected yacht brokerage firms in the world, with offices in Europe, the US, and Asia. They specialize in the sale and purchase of luxury yachts, as well as yacht management and charter services.

Ocean Independence : Ocean Independence is a global yacht brokerage firm with offices in Europe, the US, and Asia. They offer a wide range of luxury yachts for sale, as well as charter and management services.

cost of luxurious yachts

To ensure that you find the best deal, take the following steps:

Negotiate : Don't be afraid to negotiate with dealerships to get the best price possible. You can leverage your research to make well-informed offers.

Consider additional costs : Remember to factor in other fees associated with purchasing a yacht, such as taxes, documentation, and registration. Always calculate the total cost of ownership, including ongoing expenses like fuel, dockage, insurance, maintenance, and crew salaries.

If you want to buy and own a small yacht , here's how much it costs.

In this section, we'll cover four significant ongoing ownership costs: Maintenance and Repairs, Berthing and Storage, Crew Costs, and Insurance.

Maintenance and repairs of luxury yachts

Typical expenses include cleaning, annual haul-outs, painting, and engine maintenance. According to United Yacht Sales, the cost of ownership for a 60-foot, $1 million yacht is roughly 10% of its value , or $100,000 per year if it's over ten years old. This figure can vary depending on the age and model of your yacht.

Berthing and storage of your yacht

Berthing costs depend on factors such as the size of your boat and the location of the marina. Prime marinas in popular areas can be more expensive. 26 North Yachts suggests that you can minimize these expenses by refueling away from popular marinas and cruising at recommended speeds.

Crew costs when owning a luxury yacht

Crew salaries, benefits, and training can add up quickly. Factors influencing crew costs include the size of your yacht and the number of crew members required for its operation. It's essential to budget for these expenses to ensure a pleasant and safe yachting experience for you and your guests.

Insurance for your yacht

Premiums vary widely depending on factors such as the yacht's value, construction materials, intended use, and cruising areas. Always consult with a reputable marine insurer to determine the appropriate coverage for your particular yacht and usage pattern.

If you want to get a feel of a yacht before buying, you may want to charter first. Here's how much it costs to rent a yacht .

Highest quality materials and craftsmanship

The exterior is made from premium materials like lightweight but strong aluminum, carbon fiber, or high-grade steel . The interior usually features luxurious woods, rare marbles, plush fabrics, and bespoke furniture pieces , creating an elegant and comfortable atmosphere for you and your guests. Furthermore, the construction process involves advanced engineering and skilled professionals , ensuring your yacht meets the highest safety and performance standards.

State-of-the-art technology onboard

As the owner, you can expect advanced navigation and communication systems , as well as cutting-edge entertainment options . Your yacht may be equipped with high-end audio and video systems, satellite TV, Wi-Fi, and even underwater lighting for nighttime enjoyment. Additionally, the engine and propulsion technologies are designed for maximum efficiency and reliability. These advanced features come at a cost, but they significantly enhance your yachting experience.

Wide range of spaces and amenities

Depending on the size of your yacht, you may have multiple decks, spacious staterooms, a gourmet kitchen, and a variety of indoor and outdoor social spaces . Many yachts offer unique features like a cinema, gym, spa, or even a helicopter landing pad . The level of customization and attention to detail when designing and outfitting these spaces contributes to the overall cost of the yacht.

cost of luxurious yachts

When it comes to luxury yachts, there are mainly two categories to consider for your ultimate yachting experience in 2023. In this section, we'll explore two types of luxury yachts: Motor Yachts and Sailing Yachts.

Motor yachts

Motor yachts are the epitome of luxury, offering a perfect balance of style, comfort, and performance. These yachts come in various sizes, ranging from 24m (79ft) to more than 180m (590ft). Their spacious interiors provide ample room for relaxation, entertainment, and accommodation, making them ideal for extended cruises or even as a floating home.

Motor yachts are equipped with state-of-the-art technology, allowing for smooth navigation and automated systems to ensure your complete comfort while on board. Some of the features you can expect to find in a motor yacht include:

  • Luxurious living spaces with high-end furnishings
  • Spacious decks for sunbathing and al fresco dining
  • Gourmet kitchens with professional appliances
  • Fitness centers, spas, and even swimming pools on larger yachts
  • A wide array of water toys, such as jet skis, paddleboards, and tenders.

Sailing yachts

For those who have a passion for the open seas and seek a more authentic sailing experience, sailing yachts offer the perfect blend of luxury and adventure. While these yachts can range in size and design, they typically emphasize elegance and craftsmanship, featuring beautiful woodwork and traditional rigging.

Sailing yachts may require more hands-on involvement from their owners compared to their motorized counterparts, but this can be a rewarding experience for true sailing enthusiasts. You'll feel the thrill and excitement of harnessing the wind to propel your vessel, exploring new destinations, and reconnecting with nature. Some key features of sailing yachts include:

  • Expansive outdoor areas for relaxing and enjoying the view
  • Stylish and comfortable cabins
  • Functional entertainment and dining areas
  • A variety of sail configurations and rigging systems
  • Environmentally-friendly design, relying on wind power for propulsion.
If you want to gain experience firsthand, you may charter a superyacht for a reasonable price.

cost of luxurious yachts

First, determine the type and size of motor yacht that best meets your needs. Consider factors such as amenities, living space, and performance. Narrow down a size range and think about the type of experiences you're looking for.

Budget is another crucial aspect to plan for. Owning a luxury yacht can be expensive, as the cost of ownership can be up to 10% of its value annually. Set a budget, and stick to it to avoid any financial difficulties in the future. Be sure to consider maintenance, crew salaries, and fuel expenses.

Before buying your dream yacht, it's essential to try before you buy . Conduct a charter or a sea trial to get a feel for the yacht and ensure you're happy with the performance and amenities. This hands-on experience is invaluable in the buying process.

Working with a trusted dealer or broker is key. They should understand your needs and preferences, guiding you through the buying process.

Finally, prioritize safety . Before setting sail on your luxury yacht, take a boating safety course, and ensure that all necessary safety gear is on board . A well-maintained, safe yacht will provide you with peace of mind and allow you to fully enjoy your time spent on the water.

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cost of luxurious yachts

EUR 124,950,000† (EU VAT paid)

  • Length: 90.1m (295.6ft)
  • Guests: 14 guests in 7 cabins
  • Built: 2010 (refitted 2024)
  • Lurssen-Werft

cost of luxurious yachts

O'PTASIA

EUR 89,999,000

  • Length: 85m (278.9ft)
  • Guests: 23 guests in 10 cabins
  • Built: 2018
  • Golden Yachts

cost of luxurious yachts

EUR 79,750,000† (EU VAT paid)

  • Length: 80m (262.5ft)
  • Guests: 18 guests in 9 cabins
  • Built: 2007

cost of luxurious yachts

PROJECT 825

Price on application

  • Length: 75.8m (248.7ft)
  • Guests: 12 guests in 6 cabins
  • Built: 2025
  • Feadship, Royal Van Lent

cost of luxurious yachts

EUR 109,000,000 (EU VAT paid)

  • Length: 74m (242.8ft)
  • Guests: 14 guests in 6 cabins
  • Built: 2017

cost of luxurious yachts

EUR 55,000,000† (EU VAT paid)

  • Length: 70.6m (231.6ft)
  • Built: 2011
  • Proteksan Turquoise

cost of luxurious yachts

  • Built: 2002 (refitted 2022)
  • Royal Denship

cost of luxurious yachts

EUR 49,500,000†

  • Length: 65m (213.3ft)
  • Built: 2011 (refurbished 2021)

cost of luxurious yachts

EUR 35,800,000

  • Length: 64.8m (212.6ft)
  • Built: 2006 (refitted 2017)

cost of luxurious yachts

MAGNA GRECIA

EUR 15,000,000

  • Length: 63.8m (209.3ft)
  • Built: 1986 (rebuilt 2019, refitted 2019)
  • Elsflether Werft

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Discover the Burgess difference

At Burgess, we always go the extra mile to find your perfect yacht and are here to guide you every step of the way during the process of buying a yacht. From securing private viewings to sourcing the best luxury yachts for sale from around the world, our expertise is your guarantee.

Access to luxury yachts unavailable on the open market

We don’t just have access to the largest public inventory of new and pre-owned luxury yachts to buy on the market, we shortlist your selection from a wide-reaching network of yacht owners to ensure you only ever get the yacht that you truly want.

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cost of luxurious yachts

The Ultimate Guide to Understanding the Cost of Luxury Yachts

Introduction.

Luxury yachts are the epitome of opulence and extravagance. They are the ultimate status symbol for the wealthy and famous. However, owning a luxury yacht is not just about the initial purchase price. There are many other costs involved in owning and maintaining a yacht that can quickly add up. That's why it's important to understand the cost of owning a luxury yacht before making the investment. There are several factors that determine the cost of a luxury yacht. These include the size of the yacht, the materials used in its construction, the features and amenities it offers, and the location where it will be used. Understanding these factors is crucial in determining the overall cost of owning a luxury yacht. In this ultimate guide, we will explore the different types of luxury yachts available and compare their costs. We will also delve into the factors that affect the cost of a luxury yacht and explain how each factor contributes to the final cost. Additionally, we will break down the costs involved in buying a new or used luxury yacht and explain the ongoing costs of owning a yacht. By the end of this guide, you will have a comprehensive understanding of the cost of owning a luxury yacht. You will also learn tips and tricks for reducing the cost of owning a yacht without sacrificing quality or luxury. Whether you're a seasoned yacht owner or considering purchasing your first yacht, this guide will provide valuable insights into the world of luxury yachts.

Table of Content

The types of luxury yachts, factors that affect the cost of a luxury yacht, the cost of buying a luxury yacht, the cost of owning a luxury yacht, tips for reducing the cost of owning a luxury yacht.

Luxury yachts come in different types, each with its unique features and amenities. Understanding the different types of luxury yachts available is essential in determining the cost of owning one. Motor Yachts: These are luxury yachts that are powered by engines. They are ideal for those who want to travel long distances quickly and comfortably. Motor yachts come in different sizes, ranging from 40 feet to over 100 feet. They are equipped with modern amenities such as air conditioning, entertainment systems, and luxurious cabins. The cost of owning a motor yacht varies depending on the size, brand, and features. Sailing Yachts: These are luxury yachts that rely on wind power to move. They are ideal for those who want to experience the thrill of sailing and enjoy the beauty of the sea. Sailing yachts come in different sizes, ranging from 30 feet to over 100 feet. They are equipped with modern amenities such as air conditioning, entertainment systems, and luxurious cabins. The cost of owning a sailing yacht varies depending on the size, brand, and features. Catamarans: These are luxury yachts that have two hulls instead of one. They are ideal for those who want to enjoy stability and comfort while sailing. Catamarans come in different sizes, ranging from 30 feet to over 100 feet. They are equipped with modern amenities such as air conditioning, entertainment systems, and luxurious cabins. The cost of owning a catamaran varies depending on the size, brand, and features. Explorer Yachts: These are luxury yachts that are designed for long-range cruising. They are ideal for those who want to explore remote destinations and enjoy the beauty of nature. Explorer yachts come in different sizes, ranging from 80 feet to over 200 feet. They are equipped with modern amenities such as air conditioning, entertainment systems, and luxurious cabins. The cost of owning an explorer yacht varies depending on the size, brand, and features. In conclusion, understanding the different types of luxury yachts available is essential in determining the cost of owning one. Each type of luxury yacht has its unique features and amenities, and the cost of owning one varies depending on the size, brand, and features.

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Luxury yachts are a symbol of wealth and status, but their cost can be staggering. Understanding the factors that affect the cost of a luxury yacht is essential for anyone considering purchasing one. In this section, we will explore the various factors that contribute to the final cost of a luxury yacht. Design and Construction: The design and construction of a luxury yacht are significant factors that affect its cost. The more intricate and complex the design, the higher the cost of construction. The materials used in construction also play a significant role in determining the cost of a luxury yacht. High-quality materials such as teak wood, marble, and gold fixtures can significantly increase the cost of a yacht. Size: The size of a luxury yacht is another factor that affects its cost. Larger yachts require more materials and labor to construct, which increases their cost. Additionally, larger yachts require more crew members to operate and maintain, which adds to the ongoing costs of ownership. Features and Amenities: Luxury yachts are known for their extravagant features and amenities, such as swimming pools, hot tubs, and helipads. The more features and amenities a yacht has, the higher its cost. Additionally, the quality of these features and amenities can also affect the cost. High-end audio and video systems, for example, can significantly increase the cost of a yacht. Brand: The brand of a luxury yacht can also affect its cost. Yachts from well-known brands such as Feadship, Lurssen, and Benetti can command a higher price due to their reputation for quality and craftsmanship. Location: The location of a yacht can also affect its cost. Yachts that are built in countries with lower labor costs, such as Turkey or China, may be less expensive than those built in countries with higher labor costs, such as the United States or Italy. In conclusion, understanding the factors that affect the cost of a luxury yacht is essential for anyone considering purchasing one. The design and construction, size, features and amenities, brand, and location are all significant factors that contribute to the final cost of a luxury yacht. By considering these factors, potential buyers can make informed decisions about which yacht is right for them.

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Buying a luxury yacht is a significant investment, and it's essential to understand the costs involved. The cost of buying a luxury yacht can vary greatly depending on several factors, including the size, age, and features of the yacht. When buying a new luxury yacht, the costs involved can be broken down into several categories. The first cost is the purchase price of the yacht itself, which can range from a few hundred thousand dollars to several million dollars. In addition to the purchase price, there are also costs associated with outfitting the yacht with the necessary equipment and amenities. These costs can include everything from navigation systems and communication equipment to furniture and appliances. When buying a used luxury yacht, the costs involved can be significantly lower than buying a new yacht. However, there are also additional costs to consider, such as the cost of any necessary repairs or upgrades. It's essential to have a thorough inspection of the yacht before purchasing to ensure that there are no hidden costs or issues. Regardless of whether you're buying a new or used luxury yacht, it's also important to consider the ongoing costs of ownership. These costs can include everything from maintenance and repairs to insurance and docking fees. It's important to factor in these costs when budgeting for the purchase of a luxury yacht. Overall, the cost of buying a luxury yacht can be significant, but it's important to understand the costs involved to make an informed decision. Whether you're buying a new or used yacht, it's essential to consider all of the costs involved, both upfront and ongoing, to ensure that you're making a sound investment.

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Owning a luxury yacht is a dream for many people, but it comes with a hefty price tag. The cost of owning a luxury yacht goes beyond the initial purchase price. There are ongoing costs that need to be considered before making the decision to buy a luxury yacht. Maintenance Costs: One of the biggest ongoing costs of owning a luxury yacht is maintenance. Yachts require regular maintenance to keep them in good condition. This includes cleaning, painting, and repairing any damages. The cost of maintenance can vary depending on the size and type of yacht. A larger yacht will require more maintenance and therefore, will cost more. Fuel Costs: Another significant cost of owning a luxury yacht is fuel. Yachts require a lot of fuel to operate, and the cost of fuel can add up quickly. The amount of fuel a yacht consumes depends on its size, speed, and how often it is used. It is important to factor in fuel costs when considering the overall cost of owning a luxury yacht. Other Expenses: In addition to maintenance and fuel costs, there are other expenses to consider when owning a luxury yacht. These include insurance, dockage fees, crew salaries, and repairs. These expenses can add up quickly and should be factored into the overall cost of owning a luxury yacht. When considering the cost of owning a luxury yacht, it is important to weigh the benefits against the expenses. While owning a yacht can be expensive, it also provides a unique and luxurious experience. It is important to carefully consider all of the costs involved before making the decision to buy a luxury yacht.

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Owning a luxury yacht is undoubtedly a symbol of wealth and status, but it also comes with a hefty price tag. However, there are ways to reduce the cost of owning a luxury yacht without compromising on the quality and comfort. In this section, we will discuss some tips for reducing the cost of owning a luxury yacht. 1. Choose the Right Size The size of the yacht plays a significant role in determining its cost. The larger the yacht, the higher the cost of maintenance, fuel, and other expenses. Therefore, it is essential to choose the right size that meets your needs without going overboard. Consider the number of people who will be using the yacht and the activities you plan to do on board. A smaller yacht may be more cost-effective and easier to maintain. 2. Opt for Fuel-Efficient Engines Fuel is one of the most significant ongoing expenses of owning a luxury yacht. Opting for fuel-efficient engines can significantly reduce the cost of fuel. Hybrid engines, diesel-electric engines, and other eco-friendly options are becoming increasingly popular among yacht owners. These engines not only reduce fuel consumption but also have a lower impact on the environment. 3. Regular Maintenance Regular maintenance is crucial for keeping the yacht in good condition and avoiding costly repairs. Neglecting maintenance can lead to more significant problems down the line, which can be expensive to fix. Regular cleaning, servicing, and inspections can help identify and address issues before they become more significant problems. 4. Consider Shared Ownership Shared ownership is becoming a popular option for those who want to own a luxury yacht without bearing the full cost. Shared ownership allows multiple owners to split the cost of buying and maintaining the yacht. This option can significantly reduce the cost of owning a luxury yacht while still allowing you to enjoy all the benefits. 5. Negotiate with Service Providers Service providers such as marinas, mechanics, and other professionals who work on the yacht can be expensive. However, negotiating with them can help reduce the cost. Building a good relationship with service providers can also lead to discounts and other cost-saving benefits. In conclusion, owning a luxury yacht can be expensive, but there are ways to reduce the cost without compromising on quality and comfort. Choosing the right size, opting for fuel-efficient engines, regular maintenance, shared ownership, and negotiating with service providers are some of the ways to reduce the cost of owning a luxury yacht.

this image is about Tips for Reducing the Cost of Owning a Luxury Yacht

In conclusion, owning a luxury yacht is a dream for many people, but it comes with a hefty price tag. Understanding the cost of owning a luxury yacht is crucial before making the investment. In this ultimate guide, we have covered the different types of luxury yachts available, the factors that affect the cost of a luxury yacht, the costs involved in buying and owning a luxury yacht, and tips for reducing the cost of owning one. It is important to note that owning a luxury yacht is not just about the initial purchase price, but also the ongoing costs of maintenance, fuel, and other expenses. However, with proper planning and budgeting, it is possible to reduce these costs and get the most value for your money. We hope that this guide has provided you with valuable insights into the cost of owning a luxury yacht. If you have any thoughts or experiences to share, we encourage you to leave a comment below. Remember, owning a luxury yacht is a lifestyle choice, and with the right knowledge and resources, it can be a rewarding and enjoyable experience.

Adam Keen

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Best luxury yacht: 7 ultimate luxury cruisers you can buy

  • Toby Hodges
  • March 14, 2024

Toby Hodges takes a look at all the nominees and the winner of the best luxury yacht category in the European Yacht of the Year Awards

The definition of the best luxury yacht will differ according to personal opinion and from boat to boat. This year’s nominees in the luxury yacht category of the European Yacht of the Year Awards proved that perfectly.

The European Yacht of the Year awards are selected by a broad panel of expert judges from across the globe. These are people who spend their professional lives sailing and comparing yachts, so you can be certain that the yachts which stand out in this field are truly the best of the best on the market.

The best luxury yachts

Best luxury yacht winner 2024 – arcona 50.

When you enter the fiercely competitive 50ft luxury performance yacht market you better get it right. And the jury felt Arcona managed that. This watershed design for the traditional Swedish brand, by X-Yachts co-founder and former designer Niels Jeppesen, is a big, contemporary new Arcona, one that sees it move away from its cruiser-racer heritage and classic interiors.

The on trend styling inside and out is backed up by a premium level of build and finish quality and sailing performance – particularly if you have the performance sails, traveller and deep (2.95m) keel options the test boat carried, although the latter does limit your berthing and anchoring options.

While I doubt it’ll be raced or will suit typical bluewater use, it offers a purity of performance push-button sailing: a handsome prospect upwind in a light breeze, it transforms into a powerful reaching machine with stacks of control.

As chairman of our jury, Jochen Rieker, puts it: “The boat certainly did not win for her somewhat borrowed looks. She wins by checking all the boxes in all other respects. Slipping along gracefully in the lightest of airs, holding her stride and her balance in more demanding conditions, offering warmth, light and this reassuring feeling of utter quality down below – there simply isn’t anything to fault.”

Contest 50CS

The Contest 50CS, for example, is an archetype luxury cruising yacht, one built to the highest standards and that could take you to most waters in impeccable comfort. This model is, uniquely, available in two versions: this more conventional 50CS with aft master cabin, or the forward owner’s suite version on the aft cockpit Contest 49CS . We ran a full test on the latter after spending two days aboard in the North Sea, where that noticeably high freeboard, which may not aid boarding nor windage, helped keep us dry on deck in a steady Force 6 gusting 7.

As the 50CS proved, this Judel/Vrolijk design keeps slipping along in the light stuff too, providing enjoyable sailing in 6 knots breeze under a code sail. The centre cockpit offers a deep protected guest area, but also links well to the spacious aft deck.

And the Wetzels-Brown-designed interiors of Contests today are stunning and hard to match. The engineering, access to usable stowage, details and finish on the 50CS is first class and to get this level of quality at this size is special.

Both Contest and X-Yachts are early adopters of hybrid power, offering their bluewater cruisers with optional electric drives. For the XC 47 this was designed-in from the start to offer Oceanvolt’s award-winning new 25kW regenerative drive.

The XC 47 is another wonderfully engineered and thought out yacht for distance cruising, in particular for those who also enjoy hands-on helming pleasure. That should come as no surprise to any X aficionados, but what really struck me most about this yacht was the stowage, and the forethought needed to create that, together with how practical it has been made.

That may sound slightly anticlimactic but ask any long-term cruiser and stowage is always a priority. On deck, this constitutes a huge lazarette and sail locker, plus clever systems for launching a dinghy via davits and a liferaft canister, while below decks every square inch of space has been used effectively, with lockers hinged with gas struts.

It’s clear the Danish yard went to considerable time and effort, even building a full mock up of the interior that could be canted 20° each way.

If the deck saloon style looks didn’t sell this model to all – this is the first full non-Jeppesen designed X – the jury were converted once they’d taken the helm. ‘Quirky’ became ‘muscular and bold’. The ease with which it can be sailed from the cockpit was also appreciated.

While I understand many offshore cruisers like a protected centre cockpit and more sun protection, the attention to detail, stowage and practicalities, combined with the direct steering, motion and enjoyable sailing this X offers make it a standout new offering.

Jeanneau Yachts 55

Meanwhile the Jeanneau Yachts 55 stands out for different, unique reasons in this category, offering a completely new concept in comfort on deck while at anchor and a novel accommodation layout. Its focus is on outdoor living space.

What helps place this in a luxury bracket is not simply the price or the creative input of superyacht specialist design duo Philppe Briand and Andrew Winch, rather that its layout creates a palatial amount of private space for the owner’s suite. Guest cabins have their own direct access from the extensive cockpit via gullwing doors.

It certainly makes sense for solo owners or couples using it as a warm water apartment. How many people this will suit is another question, as it segregates any guests, crew or children from the galley and saloon.

I used the term monocat when I first viewed it, as the 55 really does attempt to mix the two worlds, particularly in terms of providing owner privacy and lounging space. Choose the rigid hard top and windshield and there’s a vast amount of covered area including a dinette and chart table – plus a bimini can shade all that extensive aft deck too.

The penalty comes in additional weight and wetted surface, and is felt in the handling and performance, the latter particularly in lighter breeze with the optional in-mast furling, self tacking headsail and shallow draught package we had. However, it’s set up to be easily managed from the mid cockpit with good visibility from the twin helms and easy circulation thanks to the ramped side decks. Full report in YW February 2024.

Best luxury yacht 2023

Best luxury yacht winner – oyster 495.

It is hard to imagine that the decor of a yacht can change its look and feel quite this much, yet the layout of this second 495, Eddie Jordan’s dramatic looking Tuga , is in fact identical to the first boat that I spent several days aboard last summer.

At its heart is a wonderfully (Humphreys) designed and engineered luxury bluewater cruiser conceived from the ground up, built in a new dedicated facility to a repeatable quality very few yards are capable of.

The 495 offers consistent passage making speeds in real voluminous comfort – whether enjoyed from the deep cockpit or the best-in-class aft cabin. Deck stowage and mechanical space is also superb.

Then factor in the family appeal of Oyster’s after sales and world rally programme and you start to appreciate the premium world this sub 50-footer gives access to.

The first yacht fully conceived under CEO Richard Hadida’s reign, this is also the smallest completely new Oyster 495 since 2005 – and it’s a triumph. It was our September 2022 cover star in which we featured the full review from our Oyster 495 three day test .

Beneteau Oceanis Yacht 60

The Oceanis Yacht 60 is a very different beast indeed to the 62 it replaces as flagship for the Beneteau range. The yard has learned plenty from the success of the First 53/OY 54 and wanted to create a 60 in this style and with the same deck layout (albeit larger and wider) and ease of circulation.

The construction experience of the smaller model clearly helped too, as this is a whopping five tonnes lighter than the bulky OY62 and with a deeper (2.6m) keel. The telling result is on the water. It feels sporty to helm and we averaged a knot slower than the single figure 6-8 knot windspeeds upwind and matched them reaching with Code 0 and a slight swell.

The vast cockpit works well, sheltered below the semi rigid bimini, it has plentiful lounging space with sailing systems led aft to the twin helms. The interior sees a 3+3 layout, where Beneteau wanted to get rid of the corridor effect of the OY62. The galley is forward to help open out space, while the forward suite with offset berth and headboard aft works well to give space with privacy.

This is an attractive, voluminous yacht that leaves a good overall impression whether under sail, on or below decks.

Ice 62 Targa

It all looks pretty funky below decks on the Ice 62 Targa too, especially if you’re watching the masthead fore and aft cameras (plus bow and prop cam) on central displays mounted in the saloon while you slip out of the dock! The Ice is a seriously impressive, contemporary yacht, one that in looks, performance and execution, won over many of the judges.

The first to launch is a highly customised project for a passionate sailing owner who covers long distances solo – he’d already sailed it 3,000 miles around the Med that autumn. It’s impressively stiff, sails handsomely and, thanks to a telescopic keel, points well. We matched single figure windspeeds, and clocked up to the high 9s in 12 knots wind.

Umberto Felci’s team spent 4,000 hours on the design, providing lots of space and light to the interior and a chillout zone in the semi raised saloon. This was easily the coolest looking yacht, with its aggressive reverse bow, chamfered gunwales and carbon T-top bimini, and all engineered and built to a high standard.

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How Much Does It Cost To Buy A Yacht?

By Rob Bowman | Posted On Aug 09, 2021 Updated On Dec 12, 2023

If you're new to owning a boat and want to experience the luxury lifestyle, buying a yacht is the perfect way to indulge yourself while also creating unforgettable memories on the water. From anchoring at a secluded island in the Caribbean to cruising the coastline enjoying the fall colors, yacht ownership opens up limitless possibilities to explore the beauty of Mother Nature. It can also create quite the adrenaline rush if a sportfishing boat is more your style. There are many benefits to hiring a professional yacht broker when you plan on buying your first yacht including having someone on your side when evaluating the right price, for the right vessel.

So how much does it cost to buy a yacht on average? In 2021, the average selling price of a yacht is approximately $640,000, with prices ranging from $300,000 to over $15,000,000. This average selling price represents all pre-owned boats from 40-feet to 100-feet, power (not sail), and sold in the Southeastern United States, including the large Florida market. The data collected for this sales price was from the boating industry's MLS system.

This 50-foot flybridge yacht (seen below) was sold around the average selling price mentioned above and is a good example of what you can expect when spending over $500k . It features several bedrooms for overnight trips, a galley, a nice flybridge seating area, and a lot of comforts you would find at home.

50-foot flybridge yacht sold

A yacht can mean vastly different things to different people depending on their style of boating, where they live, what they plan to do on the boat, and the amount of equipment they choose. A 50-foot yacht can vary in price by several hundred thousand dollars depending on how new it is, its engines, brand, and amenities. Having a conversation about your needs and budget with a professional yacht broker can answer all of these questions and take the guesswork out of your search. 

While the average price of a yacht sold in the Southeast this year is $640,000, buyers can find yachts for less if they are willing to go a bit older and/or a bit smaller.

  • According to the list of 2021 sold boats, the average selling price for yachts between 40 and 50 feet was $329,000.
  • Yachts under 40 feet are generally called cruising boats and can still feature a lot of the same amenities found on larger vessels.
  • How much does a small yacht cost? Examples of active boats on the market right now show a sizeable difference in price depending on the length and year. For example, a 2021 40-foot Intrepid boat is listed for over $800,000 , while a 2011 Intrepid 40 is listed for under $400,000 .

(Seen below: This Cabo 40 would be considered a smaller yacht and is listed for under $375,000.)

40-foot cabo yacht for sale

The larger, newer, and more extravagant yachts can cost $5 million and higher. Forbes.com identifies a superyacht as a vessel ranging from "79 feet to more than 590 feet in length." The average selling price in 2021 for yachts over 100-feet, according to the industry MLS database, came in at just under $1 million. Of course, there were several superyachts that were between $10 million and $50 million on the list.

A prime example of a superyacht would be " ANTITHESIS ", a Horizon Yachts 136 that had an asking price of $7,990,000 at the time of sale. This superyacht featured 5 luxury staterooms, a pilothouse with full electronics suite, a jacuzzi, sauna, 2 water-makers, 2 generators, and a lot more top-end equipment. Yacht owners looking to cruise long distances or possibly turn the vessel into a yacht charter business would be interested in a boat of this stature.

( Seen below: This Horizon 136 required massive engines that gave it a range of over 1,400 nautical miles. )

horizon motor yacht

The cost of a yacht is not the only cost to consider. Purchasing your new boat is the largest upfront expense, however, there are also the costs of owning a yacht that need to be considered. This is again where hiring an experienced, professional yacht broker can really pay dividends and take a lot of the stress out of the process. Things like insurance, storage, routine maintenance, captain and crew salaries, all need to be factored in to your expectations. We dive into this a bit more in our articles Why Are Boats So Expensive? and What Should I Spend On A Yacht?

Despite the potentially high cost of yacht ownership, it is still an excellent investment in your well-being and will bring countless joyful memories. There is no other recreation in the world that brings families and friends together, while enjoying the wonders of the ocean.

( Seen below: CHIMERA is a 60-foot Hinckley sailing yacht listed for over $1 million. )

While the purchase of sailboats still account for less than 10% of all boats sold, sailing is still a popular past-time which has some very passionate enthusiasts. According to Trade Only Today , in 2019 and 2020 there were more than 1,100 sailboats sold in the United States. As you begin to figure out exactly what type of boating you want to enjoy, as well to learn the advantages and disadvantages of different boat types, you can begin to narrow down the selection process.

Below is the average cost to purchase a small yacht broken out by type :

  • Sailboats Over 40': $193,000
  • Sailing Catamarans - All Sizes: $361,000
  • Power Catamarans - All Sizes: $304,247
  • Downeast Yachts - Over 35': $532,240
  • Sport Fishing Yachts - Over 40' and in Southeast: $815,500

With so many factors to determine how much it costs to buy a yacht and maintain it, it is in the best interest of boat buyers of this magnitude to speak with a certified professional yacht broker. "Pricing a yacht in this market can be a difficult thing," said Brian T. Franc , CPYB and manager of United's Emerald Coast Division. "Pre-owned prices are definitely inflated due to lack of inventory, but there are still some great opportunities if you are fast and have someone watching the market daily on your behalf. As someone who has been in the yacht brokerage industry for almost 30 years, I can tell you that working with a professional makes a difference. We can tell almost immediately whether a boat is over-priced, what it will likely sell for, and whether or not it is the right boat for your needs.

Other Related Articles Of Interest :

  • Can I Sell My Yacht Without A Broker?
  • Why Are Sportfishing Yachts So Expensive?
  • What Is The Best Time Of Year To Sell A Boat?
  • How Much Should I Pay For A Yacht?

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The 5 Most Expensive Superyachts in the World

By Brett Berk

Eclipse the private luxury yacht of Russian billionaire Roman Abramovich anchors in Fethiye district of Mugla

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.

Super yacht Dubai is moored at the Doha Sailin

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.

The 147 meter mega luxury yacht of Manchester City soccer club owner Sheikh Mansour bin Zayed al Nahyan from UAE

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.

The longest luxury yacht in the world the 180m long 'Azzam' is visible at the Luerssen shipyard

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.

Eclipse the private luxury yacht of Russian billionaire Roman Abramovich anchors in Fethiye district of Mugla

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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Costs of food provisions will vary dependent upon how eloborate food Preferenaces are

Location will play huge factor in food provisons and thing may have to be folws into remorte locations.

Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.

Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.

Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

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cost of luxurious yachts

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Yacht Prices

Yacht prices, the difference a flag can make

When it comes to buying a luxury yacht, there’s a lot to know about yacht pricing. Here at Worth Avenue Yachts, our team of brokers will help you with everything you need to know, but here’s a general yacht pricing guide to get you started on your yacht-buying journey.

Yacht prices vary by size, builder, age...

Luxury yacht prices, like the yachts themselves, differ enormously. According to 2014 sales data , the average yacht price for a second-hand yacht for sale is €7.9 million ($8.4 million), but prices of super yachts can start at around $1.5 million for a small or older yacht and rise to a $600 million, which is how much Azzam, the largest yacht in the world at 590 feet cost to build.

Classic yachts prices guide

The size of the yacht and age of the yacht are the obvious starting points for yacht pricing, but many other factors also come into account. The yacht builder, or ‘brand’, can have an extraordinary impact on the asking price- for example, a 200 foot yacht from two different yacht builders can easily see a difference in pricing of around 20 million dollars. Yacht brands also differ in how they hold their value or depreciate relatively rapidly- this is where the wide industry knowledge of your yacht broker will be of enormous value to you when considering what the resale value should be.

Yacht prices also depend on if a yacht is custom built

Also affecting price is whether something is completely custom-built, semi-custom, or chosen from an existing identical range. As the global fleet of superyachts is growing rapidly, with over 10,000 yachts afloat today, there are increasingly good deals to be found on second-hand yachts as existing yacht owners upgrade. You’ll also often find sharp reductions in second-hand yacht pricing announced in the lead-up to yacht shows, making these yachting events a great time to shop around, view lots of different boats and get a good deal.

Which should you buy? Luxury yacht prices explained.

In the US, the Fort Lauderdale International Boat Show is the largest event of this kind, while the Monaco Yacht Show is the flagship yacht show of the Mediterranean. There are many other yacht shows around the world; see our events page for details. Yacht pricing is  also affected by global economic fortunes: the yachting industry is now rebounding after the financial crisis but there are still some excellent bargains out there.

The yacht designer’s name- exterior and interior- also affects yacht pricing tremendously: yachts by certain designers such as Bannenberg & Rowell and Espen Oeino will generally attract much higher prices than lesser-known designers. The yacht’s history will also affect resale value accordingly- yachts which have been well-maintained and lightly used will obviously hold a higher second-hand value. The range of the yacht (i.e., how big its fuel tanks are so the distance it can travel) also affects pricing, as does the brand of machinery, electronics and AV systems the yacht carries.

Yacht flag, it can make difference to the yacht's price.

A yacht’s flag registry and tax status will also affect yacht pricing- some yachts will be advertised as ‘tax paid’, representing a good deal for some. Additionally, there are some tax restrictions affecting yacht purchases in certain countries. For instance, in the US a bill has just been introduced to end the prohibitive import taxation on US buyers buying foreign-flagged yachts located in US waters, and that will be watched with interest as it will positively influence yacht pricing for US buyers if it passes.

As you can see, many factors can influence yacht pricing, and it is constantly in flux due to economic and legislative factors. Your yacht broker is up-to-date with industry knowledge and where to find the good deals, so get in touch with a yacht broker at Worth Avenue Yachts to find out more about yacht pricing, alternatively fill in this contact form and we will be in contact shortly.

cost of luxurious yachts

Average Yacht Prices | 40, 50, 60, 70, 100 feet + Helpful Examples

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How much do yachts cost? Let’s look at yacht prices per size.

SELECT SIZE ⇩

Note: We will look at yachts that are a few years old. Very few people buy brand-new yachts as the price comes down a lot after only a few years.

How much is a small yacht? Let’s start at 40 feet length.

40 Foot Yacht Cost

A 40-foot yacht can be found used for around $200,000 and new models can cost as much as a million dollars. There are always lots of used yachts for sale around 40 feet in length, which makes them more attractive to first-time buyers.

Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.

A 40-foot yacht is a great option for looking for relative simplicity and plenty of comfort and capability. This size is great for day trips in the Caribbean dedicated to speed boating or simple cruising.

The size remains manageable, but the vessel can be updated with extra living spaces and amenities as desired, with a more affordable price than larger options.

The maintenance prices will remain lower as well.

Make sure you are considering the age of your yacht. Even if it is on the smaller end, it will be more expensive if it is new and custom-built to your wants.

Even if you think a 40-foot yacht is the cheapest option, these small factors make for a sliding price scale.

You might find that a smaller, new, custom yacht is more expensive than an older, simpler, larger yacht. One benefit of an older yacht is that it should have the improvements and equipment that make it comfortable to operate and will not have those additional costs.

For  sailboat prices specifically, check out this article .

Our Pick: Viking 42 Convertible: Cruise and Fish (2014)

Price: $895,000

cost of luxurious yachts

  • Cushioned seats
  • Underwater lights
  • Flybridge fiberglass hard-top
  • Recent engine and service
  • Joystick control
  • Cockpit shade with poles, freezer, and step-up box
  • Custom chairs
  • Coach roof overhang to provide shade
  • home theater setup
  • Freshwater wash area
  • Cockpit freezer and drink box
  • Forward-facing viewing windows in deckhouse

Here’s a great example of a yacht with differing ages and year models. It has twin diesel engines, 600 hp each, and cruise at 35 mph (pretty fast!).

Yacht Price Examples for Three Other 40-50 Foot

  • 42-foot Grand Banks 42 Classic; trawler-cruiser style yacht; twin diesel, 350 hp each, cruising speed is 13 mph. Price: $370,000 for 2004; $124,500 for 1986; older ones for less
  • 45-foot Sea Ray 450 Sundancer or Sedan Bridge; single or twin diesel, about 1,000 hp total; cruising speed about 26 mph Price: $472,000 for 2012 twin-engine
  • 41-foot Back Cove Downeast; single diesel 715 hp; cruising speed is 26 mph Price: $619,000 for 2016

50 Foot Yacht Cost

50-foot yachts are  normally owner-operated, so you wouldn’t need to pay for a crew. Now we are around the size of 2-bedroom yachts.

They can provide more living space giving the owner flexibility for more guests and making it a more permanent residential option. With more space comes the opportunity to install more amenities as well.

The biggest difference between the 40-foot vessel and the 50-foot is the accommodations.

Expect three-cabin layouts, which give plenty of space for rest. The opportunity to create guest rooms, owners’ suite, and entertainment spaces are better with these yachts.

Our Pick: Hatteras GT54 Convertible Sportfish

cost of luxurious yachts

The price for the 2017 model of this used yacht starts at $2,249,000. 

This yacht is 53′ 10″ long and weighs 75,000 pounds! It has twin diesel engines, 1,300 hp each, cruising speed of 35 mph.

It has a 1200-gallon fuel capacity with three staterooms. It sleeps up to 6 people, so it is perfect for entertaining without being so large to the point where maintenance becomes very difficult. It is known for its great propulsion rates and is very smooth and agile.

It specializes as a fishing boat but allows plenty of room for guests. In addition to the three staterooms, it has a large salon deck, a spacious galley, and plenty of indoor and outdoor seating.

Yacht Price Examples for Two Other 50 Foot

  • 51-foot Azimut Magellano 50; express cruiser; twin diesel engines, 425 hp each, cruising speed 16 mph Price: $670,760 for 2013
  • 52-foot Carver C52 Command Bridge; twin diesel engines, 600 hp each; cruising speed 18- 26 mph Price: $1,149,000 for 2017; $1,750,00 for 2021 with bow thrusters, gyro-stabilizer

How much is a large yacht? Let’s  step up to 60 foot.

60 Foot Yacht Cost

Now we’re looking at 2-bedroom yacht prices. A yacht in this range approaches the upper end of the owner/operator criteria.

This means that owners need to decide whether they can handle this size yacht on their own or if they need to hire outside help from a crew.

If you’re thinking of buying a boat this size, the cost may not be an issue, but understand that adding crew members adds substantial extra expenses! Crew salaries start at around $3K /mth for junior members and $10K for captains and experienced crew members.

This size is great for longer travels beyond day trips and adds more and more space for extra amenities. Hosting guests becomes easier.

Here are some examples:

Our Pick: Hatteras M60

cost of luxurious yachts

The average base price for this model is around $2,995,000.

The Hatteras M60 is great for someone who wants the luxury of a larger yacht but still wants to be an owner-operator. The deck’s layout below and above is spacious, with a large salon and a full master suite. It can be customized to order with hardwood floors or specific carpeting and amenities like TVs, a bar, a full kitchen, etc. It is a motor yacht, meant for pleasure cruising.

It has twin diesel engines, 1135 hp each; cruising speed is 28 mph.

Yacht Price Examples for Two Other 60 Foot

  • 64-foot Schaefer 640; express cruiser; twin diesel engines, 625 hp each; cruising speed 25 mph Price: $1,299,000 for 2017
  • 60-foot Sunreef 62 Sailing Catamaran; twin diesel engines 110 hp each; cruising speed 10 mph Price: $990,000 for 2009

70 Foot Yacht Cost

We’re now looking at 3-bedroom yachts. Once you reach this size yacht, it is almost guaranteed you will need a crew to help operate it. A crewed yacht is very different from an owner-operated yacht.

This is just shy of the superyacht category, so if you settle on this size, know you are almost there!

As previously mentioned, as the yacht size gets larger, so do the number of factors that make the purchase more layered and complex.

When yachts reach this size, the interior layout begins to change more drastically. They often have a spacious main deck perfect for dining and entertaining guests, whereas below, the yacht would likely have four or more cabins and crew quarters.

With more rooms comes more cost and more opportunity to customize the space to make it your own.

Here are some great options for this size:

Our Pick: Hatteras GT70 Convertible Sportfish

cost of luxurious yachts

The 2017 GT70 model runs around $4,500,000, but keep in mind the extra costs of maintenance, furnishing, and a cabin crew to help it run. It’s great for a long vacation and far-away destinations.

The GT70 convertible sportfish is known for its speed and agility, and high propulsion power. It has twin diesel engines, 1900 hp each; cruising speed over 30 mph.

It is 70′ 6″ with 2,140-gallon fuel capacity. The inside is lavish, with a galley, a huge salon, and five staterooms.

Yacht Price Examples for Two Other 70 Foot

  • 75-foot Hatteras Motor Yacht; sport cruiser; twin diesel, 1800 hp each; cruising speed 28 mph. Price: $4,375,000 for 2017
  • 74-foot Ocean Alexander Motoryacht; twin diesel, 1150 hp each; cruising speed 24 mph. Price: $1,895,000 for 2011

100 Foot Yacht Costs (and up):

You are officially in the superyacht range.

These yachts come in all styles and shapes, allowing for cruising along coastlines or focusing on watercraft and speed boating.

Since this is likely the peak size boat for practical use, you can expect a lot of additional costs for hiring a crew, maintenance, docking, as well as stocking your boat full of amenities. 

You’re likely to spend the bulk of your costs furnishing this size boat as bigger yachts typically are sold without furniture. The previous owner will want to hold on to designer furniture and other expensive interior.

Check out these great  examples of 100-foot yachts .

Our Pick: 143′ 04″ Virtus 44

cost of luxurious yachts

This model cost around $20,189,000.

This mega yacht is anyone’s dream.

It is home to a fully integrated beach club with room for a pool deck, floor-to-ceiling windows in the main salon, a hot tub on the top deck, five staterooms, an 8-person crew, and room to sleep ten guests.

It has room for water toys and other gadgets, with a layout that keeps them purposefully hidden from the outside world. It has a 12-knot cruising speed and 16-knot max speed,

Other 100+ Feet Yachts Price Examples

  • 98′ 5″ AB 100 Price: $8,843,260 for 2018
  • 161′ 04″ Acico Nassima Price: $17,933,000 for 2012

How Much is Yacht Insurance?

Insurance on a yacht is around 1% of the purchase price per year. It can go higher if you have lots of expensive designer furniture. This can add up over the years. It’s often cheaper to insure a sailing yacht but the price range is still within the 0.7-1.3%.

What Other Expenses Do Yacht Owners Face?

Harbor fees is another expense for yacht owners. It’s also a yearly fee that varies but as a rule of thumb, you can expect to pay around $100 per foot per year, depending on how popular the marina is. You will also have to be on a waitlist if you want a good location.

How Much Does a Luxury Yacht Cost?

A super yacht fall under the category of “luxury yachts” or “mega-yachts”.

The world’s largest private vessel belongs to the Prime Minister of the United Arab Emirates, Khalifa bin Zayed Al Nahyan’s Azzam. It is 590 feet long and costs $600 million to build!

It is outliers like these that increase the price average for yacht owners, perhaps scaring potential owners when they start their research.

As a luxury yacht price guide, however, we need to look at averages.

Currently, the average superyacht costs $275 million. This does not even account for maintenance costs, either.

Superyachts are large and luxurious, needing a professional crew to help them run. They are designed to emphasize comfort, speed, and longer expeditions – depending on the yacht builders.

They might have:

  • swimming pools,
  • water toys,
  • diving and fishing poles,
  • fully furnished rooms,
  • helicopter landing pads,
  • and smaller support vessels

Just to name a few amenities. They are truly the epitome of the elite.

What Size Boat is Considered a Yacht?

The normal yacht length starts at around 23 feet, and can extend hundreds of feet.  If the boat meets 23 feet, it can be considered a yacht.

A boat does not need luxury features to be considered a yacht.

It can be minimal and stripped of the “extra” stuff to fall into the yacht category, so long as it meets the size and length criteria.

11 Things to Consider Before You Purchase

When making this purchase, the yacht size you buy needs to reflect what you hope to get out of the vessel.

Some important questions to ask yourself before you buy are:

  • What does your perfect day on the water look like?
  • How long will your average day on the water be?
  • Will it be more boating/watercraft focused or long cruise focused?
  • Will you use the yacht for fishing?
  • Will you be on the yacht every day of the week or just on weekends?
  • How many people do you hope to fit on the yacht?
  • Do you plan to stay on the yacht overnight?
  • Where will you dock the yacht?
  • How much boating experience do you have?
  • How fast do you want the yacht to go?
  • How important is it to have extra amenities like furnished rooms, water toys, electronics, etc.?

These questions will guide you to understand the size you really need and will be able to realistically maintain versus what your most ideal yacht would look like.

When Do You Need a Full-Time Crew?

At length over 50 or 60 feet, you may need a full-time captain or crew. 

A full-time crew person will be needed to keep all the varnished woodwork looking good and all the little things maintained.

Sometimes, you must be honest with yourself about what you want and what you actually need. Be self-aware about your abilities (or lack thereof) in taking care of a specific size yacht.

If you don’t know much about boats and navigation, you will need more help to use your vessel.

Hopefully, this comprehensive guide gives you a good starting point as you begin your yacht price research process.

Important Things to Consider As Well

Although there are many factors to consider when understanding a yacht’s prices, it is an exciting purchase nonetheless and should be enjoyed as much as possible.

At the end of your research, you’ll be the owner of a beautiful yacht you can use for leisure, cruising, sports craft, fishing, or all of the above.

Although this article is a good starting point, we would also recommend getting in touch with a  yacht broker who can help you find your best fit , model, year, and the price is given your personal budget. 

They are great sources of knowledge in addition to personal research.

Make sure you are as patient as possible in this process to make sure you are covering all your bases, but most importantly, enjoy the process!

Here’s How Much Yachts Cost on Average:

Yachts start around $300,000 for smaller 40-foot models and can go as high as several hundred million dollars for superyachts.

These are the main contributing factors to the price of a yacht:

  • The size of the yacht
  • The age of the yacht
  • The brand and  type of yacht

In general, the larger the yacht is, the more important the quality of the build becomes.

Also, potential owners need to understand the cruising speed and propulsion of different yachts.

The yacht type is also broken down into two categories:

  • Mediterranean Style Open style expresses yacht with maximum space for sun, little-to-no shade on the deck.
  • Hard-top express Semi-enclosed or fully-enclosed space on deck for the operator
  • Flybridge yachts

An express yacht is often referred to interchangeably as an  express cruiser  or  sports cruiser .

It has a single deck above the hull with a living space below.

They are much sleeker, too.

A flybridge yacht is often referred to as a sedan bridge or sport bridge, and it is typically used for fishing. It has additional space above the main deck.

Since the flybridge area has more space on the second deck, the main deck is normally made up of enclosed spaces and rooms.

It can have an open-air layout but can also have a hard-top.

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What yachting industry insiders have to say about Jeff Bezos' superyacht

  • Jeff Bezos' yacht , which reportedly cost $500 million to build, completed its first year at sea.
  • The superyacht, Koru, was a frequent topic of conversation at the Palm Beach boat show.
  • Here's what industry insiders think about the vessel.

Insider Today

It's been just about a year since Koru, Jeff Bezos ' $500 million megayacht, set sail from the Oceanco shipyard in the Netherlands, capturing the attention of yachting insiders and land dwellers alike.

Even after her first season at sea, the 127-meter ship is still one of the most talked about vessels among those in the know — and not just for the busty figurehead on its prow, which many have wrongly speculated is based on Bezos's fiancée . Koru was a hot topic at the annual Palm Beach International Boat Show, where the yachts of other billionaires were on display for sale or charter.

The overwhelming response from those Business Insider spoke to was awe, with many praising her unique design, commenting on her immense size, or remarking that they'd been lucky enough to see her up close.

"It's absolutely beautiful," said Federico Rossi, the COO of luxury yachtbuilder Rossinavi.

Still, due to the small size of the industry — and the fact that privacy is paramount in the yachting community — even those who complimented Koru mostly did not want to go on record in order to protect professional relationships.

"That thing's amazing," one such superyacht expert told BI. "It's very well done in terms of craftsmanship."

Unlike many other megayachts, Koru, which media billionaire Barry Diller's Eos inspired, is designed as a sailing yacht. That bucks the current trend of more severe-looking explorer boats — though Koru's 75-meter support vessel Abeona is of a more typical style,

"I heard back in 2018 or something that somebody had ordered a classic sailing yacht," the superyacht expert also told BI. "You order 125 meters, that's not really going to be classic. But it is. I think it's pretty cool."

Like most other megayachts, Koru is powered by her engines, which are reportedly innovative in their use of a kinetic energy recovery system. Industry experts, therefore, pointed out that her sails are more for looks than anything else — but that still works in her favor, with many praising her overall aesthetic appeal.

Related stories

"It's stunning," added a captain who has worked on several megayachts. He said he'd seen Koru in St. Barts, a favorite spot of Bezos and his fiancée Lauren Sanchez , over the holidays.

"There are definitely uglier boats out there," one yacht architect said. "It's not like it's shaped like his rocket," he jokily added, referring to the phallic design of Blue Origin's New Shephard .

Some, though, think the yacht is a bit excessive — which is saying something in a world where bigger is better and $250 million is a normal amount to spend.

"That's over the top. That's an insanely ridiculous boat," a longtime broker who favors discretion said. It's a "whole big show."

And the expert who praised the yacht's craftsmanship balanced his admiring comments by saying Koru's liberal use of teak — a wood traditionally used for yacht decks — was "bizarre."

The material has gained a bad reputation in the industry in recent years, as it typically comes from Myanmar, a country with a checkered human rights record. Plus, it takes a long time to grow, leading to deforestation.

Many shipyards have now turned to alternatives, like bamboo or plantation-grown teak, in their pushes toward sustainability. Bezos' team did not respond to BI's question about the origin of the deck's wood.

Teak or not, the yachting industry isn't generally known for being all that environmentally friendly — or indeed lowkey, so many who BI talked to didn't buy into the idea that Koru is "too much."

"If this is genuinely Jeff's dream come true, then great," Anders Kurtén, the CEO of brokerage Fraser Yachts, said. "I'm genuinely happy for him, and I'm happy for the people who got the opportunity to have employment to work on that."

And Bezos, of course, isn't the only billionaire with a stunning yacht . Billionaires like Jerry Jones and Bernard Arnault have also, at times, turned heads with their boats.

Most recently, insiders have tied Mark Zuckerberg to a 118-meter ship named Launchpad . It's the latest superyacht to capture the yachting world's attention.

So, as she sets sail for her debut summer season, Launchpad may take Koru's place as the main yacht on everyone's radar this year.

Watch: Walmart heiress' superyacht vandalized by activists in Ibiza

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Lexus Brings Its Brand Of Luxury To The Seas With The LY 680 Yacht

cost of luxurious yachts

Looks like automobiles are yesterday’s news because Lexus is making waves (literally) in the world of luxury yachts with its newly unveiled luxury yacht – the LY 680. This new vessel builds upon the success of its predecessor, the LY 650, offering even more space and innovative features for those seeking the ultimate in on-water relaxation and entertainment.

Designer: Lexus

cost of luxurious yachts

The LY 680 embodies Lexus’s “Crafted” design philosophy, seamlessly blending exquisite aesthetics with cutting-edge technology. Built by the Horizon Group, a leader in crafting exceptional yachts, the LY 680 promises to be a luxurious sanctuary at sea. Think unparalleled comfort, signature Lexus performance, and a design language that echoes the brand’s renowned attention to detail.

cost of luxurious yachts

One of the most striking enhancements is the expanded flybridge. Stretching over a meter and a half longer than the previous model, this space now boasts a spacious lounge sofa – perfect for lounging under the sun with a cool drink. But that’s not all. Imagine whipping up delicious meals for your guests on the integrated barbecue grill, all while taking in the breathtaking ocean views. For those who crave adventure on the water, the swimming platform has also been significantly extended by 700 millimeters. This translates to more space for launching water toys like jet skis or paddleboards, or simply relaxing closer to the water’s edge.

cost of luxurious yachts

Twin Volvo Penta IPS engines, available in two configurations, ensure the yacht handles beautifully. Expect stable maneuvering, a smooth ride, and remarkably quiet operation – all contributing to a truly luxurious experience at sea. No matter the conditions, the LY 680 promises to deliver a comfortable and enjoyable journey.

Clocking in at over 20 meters in length and nearly 6 meters wide, the LY 680 offers ample space for up to 15 passengers. Three luxurious cabins provide comfortable sleeping arrangements for six guests, making this yacht ideal for extended getaways with family and friends, or spontaneous weekend escapes. Imagine waking up to the gentle rocking of the waves and the sound of the ocean breeze – pure bliss.

cost of luxurious yachts

Lexus has partnered with the Horizon Group, renowned for their advanced yacht-building expertise, to create the LY 680. This luxurious yacht, available for order in Japan through Toyota Marine starting March 21, 2024, promises to be a haven at sea. Deliveries are expected by spring 2026.

cost of luxurious yachts

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Sean 'Diddy' Combs' luxury yacht draws comparisons to Epstein Island amid sex trafficking probe

W ith federal investigators looking into Sean "Diddy" Combs in a sex trafficking investigation after multiple women and at least one man accused him of bad behavior, the hip-hop mogul is drawing comparisons to Jeffrey Epstein.

Like Epstein, a financier who had his own private island in the U.S. Virgin Islands , Combs has been accused of luring victims with his luxurious lifestyle and – in some cases – assaulting them aboard a yacht he rented for trips to the Virgin Islands and Saint Barthelemy. 

Some of the most explosive allegations have come from a February lawsuit producer Lil Rod, whose real name is Rodney Jones, filed against Combs, alleging a pattern of sexual assaults and sex trafficking he claims are recorded on hidden cameras throughout the mogul's homes.

RAPPER SEAN 'DIDDY' COMBS' HOMES RAIDED BY HOMELAND SECURITY

Combs' mansions in Los Angeles and Miami were raided earlier this week in connection with a federal human trafficking investigation , months after similar accusations emerged in a series of lawsuits.

The lawsuit also alleges Combs had an aide who played a role similar to Ghislaine Maxwell's, Epstein's madame who is now a convicted trafficker.

READ ON THE FOX NEWS APP

Just a few weeks ago, Combs, 54, was riding high, receiving the ceremonial key to New York City and celebrating the release of his first album in years on the same day.

"The bad boy of entertainment is getting the key to the city from the bad boy of politics," Mayor Eric Adams said as he presented a giant key to Combs in Times Square, according to FOX 5 New York.

SEAN 'DIDDY' COMBS LAWSUIT NAMES 50 CENT'S EX-GIRLFRIEND AS ONE OF MUSIC MOGUL'S ALLEGED SEX WORKERS

"He escaped a lot because of who he was," said Derrick Parker, a former member of the NYPD's rap intelligence unit who investigated the 1999 nightclub shooting that landed Combs and Jennifer Lopez in handcuffs. "Now, a lot of stuff is just coming back to him."

From a deadly stampede early in his career, to a nightclub shooting where a protégé took the fall and recent sex trafficking allegations, Bad Boy Records founder Combs has largely prevailed in his legal battles. 

Combs has been acquitted of gun and bribery charges and been mentioned in connection with hip-hop feuds that led to real-life violence without being implicated in any crimes.

SEAN ‘DIDDY’ COMBS' LIFE ON STAR ISLAND: EXCLUSIVE MIAMI ENCLAVE BILLIONAIRES, A-LISTERS CALL HOME

But the recent lawsuits kicked off a federal investigation that resulted in raids on his mansions in Los Angeles and Miami last week. Combs and his lawyers denied any misconduct.

The hip-hop icon and founder of Bad Boy Records rose to prominence in the music industry in the early 1990s, then branched out into clothing design, liquor and other businesses, making himself a billionaire.

SEAN ‘DIDDY’ COMBS' FEDERAL RAIDS ON HOMES, SEXUAL MISCONDUCT LAWSUITS: WHAT TO KNOW

He came from humble beginnings. His early rise to prominence involved a feud between emerging hip-hop stars on the country's East and West coasts. 

In 1991, Combs promoted a benefit event at the City College of New York that turned deadly when an altercation in the crowd led to a stampede of fans that crushed eight people to death.

SEAN ‘DIDDY’ COMBS DECLARES INNOCENCE AFTER FEDERAL AGENTS RAID HIS HOMES

Combs and girlfriend Jennifer Lopez were arrested in New York City in 1999 on weapons and bribery charges after an altercation with another man led to a gunfight at Club New York that injured three people.

The couple left, but after blowing a red light, police found a gun in their car.

Paul Mauro, a retired NYPD inspector and now a Fox News contributor, happened to be working in the same precinct the following morning but was not involved in the investigation.

SEAN ‘DIDDY’ COMBS HUMAN TRAFFICKING INVESTIGATION RAID IS ‘JUST THE BEGINNING’ OF LEGAL HURDLES: EXPERT

"Diddy was not there, I remember that," he recalled. "She was all distraught. I just remember she had her head down, and I have this recollection of her looking very small and very, very diminutive and kind of shellshocked."

Police held Lopez for about 14 hours before releasing her without charges. Combs was later indicted and then acquitted of gun charges and of bribing his bodyguard to take the fall.

His friend, rapper Shyne, wound up in prison for assault in connection with the bar brawl and recorded part of his next album behind bars.

One of the three people wounded in the Club New York shooting, Natania Reuben, told NewsNation Thursday that it was Combs' bullet that struck her, not Shyne's, whose real name is Jamal Barrow.

"I literally watched them pull out the guns," she told the station. "I had a clear point of view. I mean, for God's sake, I got shot in my nose."

RAPPER SEAN ‘DIDDY’ COMBS' HOMES RAIDED BY HOMELAND SECURITY

Even after becoming a well-established leader in the music industry, allegations of violence continued to follow Combs. Police in Los Angeles arrested Diddy in 2015 after he allegedly attacked an assistant coach at the University of California's LA campus with a kettlebell. He claimed self-defense, and the district attorney declined to prosecute.

Jones, in his lawsuit, alleges Combs continued exhibiting violent tendencies in 2022 and 2023.

Last year, his ex-girlfriend, Casandra "Cassie" Ventura, filed an explosive federal lawsuit alleging rape, forced prostitution and physical abuse. They settled the lawsuit a day later — without Combs admitting wrongdoing.

But more allegations emerged of abuse spanning decades.

Joi Dickerson-Neal filed another lawsuit, alleging Diddy drugged, raped and abused her on tape while she was a college student at Syracuse University in 1991.

SEAN ‘DIDDY’ COMBS' ACCUSER ADDS CUBA GOODING JR. TO SEXUAL ASSAULT LAWSUIT

Another woman, Liza Gardner, also filed a lawsuit, claiming Combs allegedly coerced her into having sex at a party and that his friend also raped her . Days later, according to the civil complaint, Combs allegedly beat her up.

He was also named in a third lawsuit from a Jane Doe who was underage at the time of her alleged sexual assault. In 2017, a former personal chef sued him, claiming he made her work during sex parties. They settled the case two years later.

Filings in the Jones case are so alarming that his lawyers included a "trigger warning" at the top of the civil complaint.

Jones alleges that there are "HUNDREDS of hours of footage and audio recordings of Mr. Combs, his staff, and his guests engaging in serious illegal activity" at mansions in multiple states and on a yacht that traveled to the U.S. Virgin Islands and Saint Barthelemy. 

Jones, whose lawyers describe him as a musical prodigy, spent a year living with Combs and producing nine songs for Diddy's new album, "The Love Album: Off the Grid," the record released the same day he received his key to the city.

During that time, he claims to have witnessed Combs "providing laced alcoholic beverages to minors" and prostitutes and committing other crimes.

The lawsuit also alleges two unnamed individuals, one a rapper and the other an R&B singer, were "consorting with underaged girls" on Combs' yacht and at his Los Angeles mansion. Jones also claims actor Cuba Gooding Jr. assaulted him in a studio onboard the yacht.

Gooding did not immediately respond to a request for a response to the allegations.

"It is like Epstein," Parker told Fox News Digital. "It borders on that … and the reason being is that these video tapes are going to be very interesting."

An expert on the intersection of crime and the hip-hop industry who has written a book on the issue, Parker said he expects HSI investigators to be pouring through any footage seized in the raids to determine if any crimes were committed and if any other high-profile people were present. 

The more lawsuits that emerge, the more accusers Parker said he expects to come forward.

And the evidence in the lawsuits , even those that were settled, will likely play a role in the ongoing federal investigation, Mauro said.

"That stuff is very penetrative," he said. "[Federal prosecutors] are going to subpoena all of that stuff."

Diddy has denied wrongdoing. In a statement pinned to his X profile, the mogul said accusers have been trying to "assassinate" his character.

"Sickening allegations have been made against me by individuals looking for a quick payday," he wrote. "Let me be absolutely clear: I did not do any of the awful things being alleged. I will fight for my name. my family and for the truth."

Fox News' Elizabeth Stanton, Lauryn Overhultz and Tracy Wright contributed to this report.

Original article source: Sean 'Diddy' Combs' luxury yacht draws comparisons to Epstein Island amid sex trafficking probe

Sean Combs' LA house was raided by Homeland Security officials Monday as part of an ongoing investigation. It's unclear if the rapper was home at the time.

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  15. Superyacht Cost Calculator

    Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel ...

  16. Luxury Yacht Buying Guide 2023

    Yachts over 100ft usually follow the method of costing $1 million for every 3.3 feet in length; which would mean a 100ft luxury yacht will cost around $30 million. Of course, based on the above factors, this number could be smaller or larger. Start your search for luxury yachts for sale with YATCO.

  17. Billionaires' Superyachts Are Bigger and More Luxurious Than Ever

    The total value of the 203 superyachts over 30 meters delivered last year was $6.4 billion, according to data from SuperYacht Times. New custom builds from the world's most prestigious shipyards ...

  18. Yacht Prices Guide

    Luxury yacht prices, like the yachts themselves, differ enormously. According to 2014 sales data, the average yacht price for a second-hand yacht for sale is €7.9 million ($8.4 million), but prices of super yachts can start at around $1.5 million for a small or older yacht and rise to a $600 million, which is how much Azzam, the largest yacht ...

  19. Mega Yacht for sale

    Mega Yacht listed for sale on YachtWorld offers a diverse price range, from $84,408 on the relatively moderate end to a stunning $100,579,463 for the most advanced boats available. It is advisable to bear in mind the expenditure involved in ownership while contemplating your budget and the listed price of a yacht being offered for sale.

  20. Average Yacht Prices: 18 Helpful Examples (Size 40'-130')

    A 40-foot yacht can be found used for around $200,000 and new models can cost as much as a million dollars. There are always lots of used yachts for sale around 40 feet in length, which makes them more attractive to first-time buyers. Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.

  21. YACHT CHARTER

    Project X 88m Golden Yachts from $1,188,000 p/week ♦︎. La Datcha 77m Damen Yachting from $740,000 p/week ♦︎. Andrea 74m CRN from $983,000 p/week ♦︎. Titania 73m Lurssen from $615,000 p/week ♦︎. Search the entire global luxury Yacht Charter Fleet (3,000+ yachts) find the best crewed superyachts & megayachts to rent for your dream ...

  22. The Real Cost of Owning a Yacht

    Crew. If you're considering the purchase of a very large yacht, or you own one of the world's largest yachts, you may also be wondering if a crew is necessary. Many owners of 70' and larger yachts prefer to have full-time crew aboard to help them run the vessel. Naturally, this can cost quite a bit.

  23. Superyacht Etiquette: How to Behave on a Yacht

    Superyachts are expensive to build and expensive to maintain. According to the industry standard, owning a superyacht will cost 10% of its new-build price annually. For a $100 million yacht, that ...

  24. What Yachting Insiders Have to Say About Jeff Bezos' Superyacht

    Jeff Bezos' yacht, which reportedly cost $500 million to build, completed its first year at sea. The superyacht, Koru, was a frequent topic of conversation at the Palm Beach boat show. Here's what ...

  25. 8 of the Most Luxurious Yacht Charters in Thailand

    - How much does it cost to rent a yacht for a day in Thailand? Charter rates for renting a private yacht for a day in Thailand can range from USD 1,000 a day to over USD 100,000 a day.

  26. Lexus Brings Its Brand Of Luxury To The Seas With The LY 680 Yacht

    Newsletter. Looks like automobiles are yesterday's news because Lexus is making waves (literally) in the world of luxury yachts with its newly unveiled luxury yacht - the LY 680. This new vessel builds upon the success of its predecessor, the LY 650, offering even more space and innovative features for those seeking the ultimate in on-water.

  27. How Much Does a Yacht Cost?

    Often times small yachts are referred to as "day boats" or "weekenders" and typically have a starting cost of anywhere from $500,000 to $2,500,000. These boats boast a simple design, highlight open layouts, can have 1-2 staterooms, and are ideal for short trips, inshore fishing, or day cruises. Here are a few remarkable small yachts for ...

  28. Sean 'Diddy' Combs' luxury yacht draws comparisons to Epstein ...

    Hip-hop mogul Sean "Diddy" Combs is under scrutiny amid a flurry of lawsuits alleging sex abuse and a federal trafficking probe that draws comparisons to the Epstein case.

  29. Yachts for Sale

    World's largest selection of brokerage boats for sale by professional yacht brokers with new, used, sailing, power and super yachts for sale.

  30. Trump Media is the most expensive U.S. stock to short

    Existing short positions in Trump Media were paying costs of 565% annually on Wednesday, he said. For comparison, the average stock borrow financing cost for a short position was just .71%. "It ...