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how much is history supreme yacht

History Supreme: The £3 Billion Gold Plated Yacht

By Ben Roberts

Intriguing reports have emerged regarding the world’s most expensive superyacht today. Worth almost ten times more than Eclipse, the largest yacht in the world, the 30.48m Gold plated superyacht, History Supreme, has now apparently hit the water.

History Supreme has been a well kept secret in the Superyacht Industry, which is understandable as the yacht itself is reportedly worth over £3 billion. Containing around 100,000kg of gold and platinum, History Supreme was designed by Stuart Hughes, the world renowned luxury designer, and took just over three years to complete.

Her hull and exterior design are both wrapped in the most sought after precious metals on the planet, coating elements of the deck, dining area, rails and even the anchor.

History Supreme also holds one of the most unique interior features to ever grace a yacht; a wall feature which is made from meteor stone and Tyrannosaurus Rex bone.

However, we feel it is highly unlikely that a superyacht adorned to this level will ever actually grace the waters, and if the reports are in fact true, it would be far better suited to a museum exhibit than a life on the ocean.

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Bizarre Story of the History Supreme Yacht

Ian Fortey

You may have heard that the most expensive yacht in history is called the History Supreme. As near as I’ve been able to figure out, that’s not true. Not because the alleged $4.8 billion yacht wouldn’t be the most expensive – that’s far more than the next most expensive yacht. Instead, it’s not true because the History Supreme is not a real yacht. It doesn’t exist. But you wouldn’t know that from how the internet works.

The World’s Most Expensive Yacht

how much is history supreme yacht

If you Google the most expensive yacht nearly all the top results, whether they are lists or single topic articles, tell you about History Supreme. Every single one of these articles uses the same four photos. Keep that in mind because it will be important in a moment.

According to the stories, which all source their information from the same place, the History Supreme was designed by a man named Stuart Hughes. Hughes is famous for elevating common things to the extravagant. He had added hundreds of diamonds to things like iPhones and iPads, turning the everyday pieces of technology into multi-million dollar pieces of art.

Hughes himself states he designed the History Supreme for an anonymous Malaysian businessman back around 2011. 

What Made the History Supreme So Expensive?

how much is history supreme yacht

Hughes is famous for his excess so he was said to have gone all out with the History Supreme. One wall feature in the master suite was said to be made from meteoric stone (as in, harvested from a meteor) and included genuine dinosaur bone shaved from a Tyrannosaurus Rex found in Arizona. The dino bones alone were priced at $89,000.  There was even supposed to be a massive diamond housed in a luxury liquor bottle on display and a panoramic wall aquarium. So this ain’t your dad’s fishing boat , that’s for sure.

The big cost for the History Supreme was the solid gold and platinum. Hughes said he used 100,000 kg of precious metals to cover nearly every surface on the boat. The railings, the deck, the dining area, even the base of the boat was said to be wrapped in gold. Even the anchor was gold. And, for the record, 100,000 kg is about 220,000 pounds or 110 tons. Wow, right? Sounds like an amazing yacht.

Who Owns History Supreme?

how much is history supreme yacht

All photos of the History Supreme came from Hughes own website and since that time, in 2011 or so, not a single other photo of the boat has been taken. No one has reported seeing the boat and no one even knows who owns the boat.

People have assumed that the owner would be a man named Robert Kuok, the richest man in Malaysia. His fortune is around $14.5 billion. If he was indeed the man who purchased this boat, it means he spent one third of all of his money on it. That’s a lot of money to invest in a single boat. 

Why Is the History Supreme Fake?

how much is history supreme yacht

At the end of the day, there is no evidence History Supreme ever existed for real. The most damning evidence is those four photographs. Some internet sleuths who were unconvinced about the story of the History Supreme realized that the boat in Hughes photos looked a lot like the Baia One Hundred, a yacht made by Italian yacht makers Baia in 2008. 

The sales manager from Baia was contacted by a yachting news website back in 2011 to ask about the History Supreme. Because, in fairness, Hughes never claimed he was a yacht maker. He’s a man who makes normal things extravagant. He could have taken a One Hundred from Baia and made it into History One, right? Not so fast.

Baia’s sales manager said those photos were stolen from their website and doctored. So they were not new photos of an altered boat, but altered photos of an old boat. Moreover, and this is crucial, he also pointed out what should have been obvious to anyone working in boating news. If Hughes added 110 tons of gold to the boat, how the heck was it staying afloat?

The One Hundred has a displacement of 80 tons as is. Imagine adding an extra 110 tons of gold on top of that. There’s just no way. It would sink to the bottom like a stone. And honestly, how would that boat even work? Gold on the outside hull would get scraped off, assuming people didn’t strip it in the middle of the night. And a gold anchor? You’d risk the gold getting scraped and knocked off every time you used it. It just doesn’t make sense. 

While it seems like a cool story at first, I have to say it’s just beyond reason. It doesn’t make sense. No one has seen the boat in over a decade. Only four photos exist and they seem to have been photoshopped. And, finally, science itself stands in the way of the boat even working with the sheer mass of gold that’s supposed to be on board. For those reasons, we have to call this one a straight up hoax. There is no History Supreme.

The Bottom Line

For over a decade now, numerous websites have claimed History Supreme as the most expensive yacht in the world. But since no one has seen the yacht in over a decade, the pictures are apparently photoshopped, and it’s far too heavy to even work as a boat as it’s been described by the man who allegedly made it, we’re saying that the boat is just a hoax and never existed in the first place. 

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My grandfather first took me fishing when I was too young to actually hold up a rod on my own. As an avid camper, hiker, and nature enthusiast I'm always looking for a new adventure.

Categories : Yachts

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Angel A on December 18, 2022

I’ve read about 10 000 kg gold, not 100 000. 100k is beyond ridiculous. Even 10k is. Here’s why: https://www.bbc.com/news/magazine-21969100

“His figure for the overall amount of gold in the world is 155,244 tonnes – 16,056 tonnes, or 10% less, than the assessment by Thompson Reuters GFMS. A relatively small disparity, perhaps, but one that at today’s prices comes to more than $950 billion.”

So 16 tonnes are 950 billion dollars… how about that? ;-))

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Anon on July 8, 2023

It says 16 thousand tonnes, not 16 tonnes.

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History Supreme Yacht Most Expensive: Exploring the Ultimate Luxury Vessel

The History Supreme yacht is a marvel in the world of luxury and wealth, often touted as the most expensive yacht ever built. At an astounding $4.8 billion, this gold-plated superyacht is said to have been purchased by an anonymous Malaysian businessman after taking three years to complete with over 220,462 pounds of precious metals used in its construction source . Measuring 30.48 meters in length, this opulent vessel stands as a symbol of ultimate extravagance, surpassing even the largest yacht in the world, the Eclipse.

However, despite its reputation and jaw-dropping price tag, the existence of the History Supreme yacht is shrouded in controversy. Reports have surfaced stating that the yacht is not actually a real vessel source . The internet is rife with conflicting information, raising questions about the authenticity of this luxurious superyacht and leaving enthusiasts to ponder over its true nature.

Regardless of the uncertainty that surrounds the History Supreme, its legendary status and the sheer extravagance of the materials used in its alleged construction have undoubtedly captivated the world's attention. Whether real or simply a myth, the History Supreme yacht continues to be a fascinating topic of discussion for yacht aficionados and luxury enthusiasts alike.

how much is history supreme yacht

History Supreme Yacht Overview

Design and features.

The History Supreme yacht, designed by renowned luxury designer Stuart Hughes, is one of the most exclusive and lavish vessels in the world. This stunning creation took over three years to complete and boasts many exquisite details[^( https://www.superyachts.com/news/story/history-supreme-the-andpound3-billion-gold-plated-yacht-1351^ )]. Designed with an emphasis on luxury and extravagance, it includes a variety of opulent amenities catering to the needs and desires of the world's elite.

Some of the standout features in the History Supreme yacht include a lavish dining area, meticulously crafted railings, and an impressive deck area for leisure and relaxation. With every inch of the yacht crafted to perfection and attention to detail, it ensures a truly unparalleled experience for its guests[^( https://www.boatsafe.com/yacht-history-supreme/^ )].

Materials Used

What sets the History Supreme yacht apart from other vessels is its extensive use of precious metals. An astounding 100,000 kg of gold and platinum were utilized in its construction, setting a new benchmark for opulence in the world of yachting[^( https://www.superyachts.com/news/story/history-supreme-the-andpound3-billion-gold-plated-yacht-1351^ )]. This extraordinary use of precious metals extends to nearly every surface on the boat, from the railings and deck to the dining area and even the anchor[^( https://www.boatsafe.com/yacht-history-supreme/^ )].

Purchased by an anonymous Malaysian businessman, the History Supreme yacht holds the title of the most expensive yacht ever sold[^( https://atlanticyachtandship.com/the-midas-touch-4-8-billion-history-supreme-most-expensive-yacht-ever-sold/^ )]. With its staggering use of 220,462 pounds of precious metals and unparalleled attention to detail, it is easy to see why the History Supreme yacht has garnered such acclaim and interest in the world of luxury yachting.

how much is history supreme yacht

Record-Breaking Price

Factors of supreme value.

The extravagant History Supreme yacht holds the title of the most expensive yacht in the world, with a staggering price tag of $4.8 billion . One of the key factors contributing to its supreme value is the abundance of precious metals used in its construction.

Renowned luxury designer Stuart Hughes designed the History Supreme, employing over 100,000kg of gold and platinum in its creation. The construction process took more than three years to complete, and the result is a breathtaking vessel that stands alone at the pinnacle of luxury.

Some of the extravagantly luxurious features of the History Supreme include:

  • Gold-plated rooms
  • Base of the boat, deck, and dining area adorned with precious metals
  • More than 220,462 pounds of gold and platinum materials

Comparison to Other Luxury Yachts

The History Supreme's incomparable price tag sets it in a league of its own, significantly surpassing even the most luxurious and expensive yachts on the market. By way of comparison, the fifth most expensive superyacht in the world is the Dubai , which has an estimated value of $400 million - a fraction of the History Supreme's monumental price.

In addition to the unmatched value of the precious metals used in the History Supreme, the exclusivity associated with owning the world's most expensive yacht and the remarkable design elements by the acclaimed Stuart Hughes place this vessel in a truly unique category of unparalleled luxury.

how much is history supreme yacht

Ownership and Origin

Current owner.

The current owner of the History Supreme yacht is Malaysian businessman Robert Kuok . Kuok, a self-made billionaire, runs the Kuok Group, an international corporation with operations all around the world. He reportedly spent a third of his $12.8 billion fortune when he paid $4.8 billion for the History Supreme.

Manufacturer and Designer

The History Supreme yacht is a product of extraordinary craftsmanship and design. It was designed by Stuart Hughes , a world-renowned luxury designer. The project took just over three years to complete, and it is reported to be worth over £3 billion.

Built with around 100,000 kg of gold and platinum, the yacht is truly one of a kind. The precious metals are used to cover nearly every surface on the boat, including the railings, the deck, the dining area and even the base of the boat. The anchor is also made of gold .

The sheer amount of precious metals used in the construction of this magnificent yacht justifies its title as the most expensive yacht in the world.

Controversies and Criticisms

Environmental concerns.

One of the primary criticisms surrounding the History Supreme yacht is its potential environmental impact. The vessel is said to be plated with around 100,000kg of gold and platinum , which raises questions about the sustainability of using such vast quantities of precious metals. Extraction of these metals often leads to environmental degradation, including deforestation and pollution.

Access and Usage Limits

Another controversy related to the History Supreme yacht is the access and usage limitations. As a vessel worth billions of dollars, it's likely that only a select few individuals will be able to enjoy it. The exclusivity of the yacht is often met with criticism, as it highlights the stark differences between the extremely wealthy and the rest of society.

Moreover, the fact that the yacht has been rarely seen since its unveiling has led to speculation and skepticism around its legitimacy and existence. The lack of public access and the secretive nature of its whereabouts have only fueled concerns and criticisms, making the History Supreme yacht a controversial figure in the world of luxury vessels.

how much is history supreme yacht

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how much is history supreme yacht

Is the History Supreme Yacht Real?

Is the history supreme yacht real .

For most boat owners, it’s enough that their boat is sea-worthy, clean, and running smoothly. But for the designer of the History Supreme yacht, a few extras were in order. With the existence of the famous yacht under debate, we delve under the surface to find out if the boat reigns supreme, or if it’s myth is history. 

Why is the History Supreme Yacht So Expensive? 

While a lot of information about the yacht is up in the air, most agree that the high price tag is due not only to its size (a reported one hundred feet in length), but also what it’s made of. The boat is supposedly loaded with precious metals. Gold and platinum were said to be used to line the entire boat. 

How Much is the History Supreme Yacht Worth? 

The boat is listed with a price tag of $4.8 billion, easily making it the most expensive yacht ever to exist. The next most expensive luxurious yacht would be the Eclipse, owned by Russian billionaire Roman Abramovich. The Eclipse mega yacht is valued at $1.5 billion, making it only a third of the value of the History Supreme. 

Supreme Yacht

Who Owns the Yacht History Supreme? 

The name most often linked with the History Supreme is Malaysian businessman Robert Kuok. His fortune is currently listed as $11 billion on Forbes. If the boat is indeed real, would someone really spend over a third of their money on it? 

The other name linked to the boat is the reported designer, Stuart Hughes. Hughes is best known for designing luxury gadgets such as solid gold games consoles, or black diamond iPhones. He describes the yacht on his website as having been sold to an anonymous Malaysian businessman, which may or may not be Kuok. 

Inside the History Supreme Yacht 

Other features of opulence on the boat include a T-rex bone mounted on the wall of the master bedroom, along with meteor rock features. The whole interior is decked out with gold and platinum. The dining area, the deck itself and even the boat’s anchor are said to be either solid gold, or gold-lined. 

Inside the History Supreme yacht

Does the History Supreme Really Exist? 

While it’s been long discussed online and in boating circles, it seems unlikely the golden yacht actually exists. Whether a deliberate hoax in the industry, or just a rumour that got out of hand, it seems likely that the boat isn’t real. The few existing photos appear to be fake or doctored, and the reported weight of the boat, given all that precious metal, is around 100,000kg. 

Any yacht owner worth their salt could tell you that a boat of that weight would struggle to stay afloat, let alone get you from coast to coast.  

Yacht Insurance

If you’re looking to get your yacht insured , gold-lined or otherwise, our expertise is here for you. Take a look at our pages on insurance for motor boats and for sailing yachts for more information on how we can help. 

And if you have any questions about getting a boat out onto open water in the UK, check out our guide to find out what you need to know before you get started. 

how much is history supreme yacht

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how much is history supreme yacht

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how much is history supreme yacht

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how much is history supreme yacht

The Midas Touch: $4.8 Billion History Supreme Most Expensive Yacht Ever Sold

We’ve seen some opulent yachts, but the 100-foot History Supreme takes the gold-encrusted cake. Stuart Hughes, a British purveyor of luxury gadgets, took a break from his role as an iPad alchemist to create the $4.8 billion superyacht, covered in platinum and gold from bow to stern.

Purchased by an anonymous Malaysian businessman, History Supreme is the most expensive yacht ever sold, according to Luxury Launches. The Daily Mail reports that the impressive vessel took three years to complete and used over a staggering 220,462 pounds of precious metals. Everything – from the base of the boat, to the deck, dining area, rails and anchor – were decked out in gold and platinum.

how much is history supreme yacht

The exorbitant price tag is also the result of the lavish master bedroom, adorned in platinum with a wall feature that is made from meteoric stone and a genuine T-Rex dinosaur bone. It is rumored that Robert Kuok purchased the superyacht, worth 10 times the amount Roman Abramovitch (previous title holder for world’s most expensive yacht) paid for the Eclipse megayacht. Kuok is one of only three Malaysians with a net worth of $5 billion or more, according to Forbes billionaire’s list . If the purchase price is accurate, “the most likely buyer is Robert Kuok , the richest man in Malaysia, with a net worth of $12.5 billion,” reports Business Insider .

how much is history supreme yacht

We may not have any gold-fringed yachts for sale , but Atlantic Yacht & Ship features a wide variety of yachts and boats for sale that will suit even the most distinguishing tastes. Check our listings and contact a sales rep today to tour any vessel at 1-888-230-0439.

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Yacht or Knot: History Supreme – The World’s Most Expensive Yacht

how much is history supreme yacht

Have you ever seen a vessel of floating gold? If you’re in the right place at the right time, you may just run into the History Supreme, the most expensive and arguably the most unique yacht ever designed and built.

Since the beginning of time, the world’s elite have flaunted their affluence, but this floating masterpiece may just blow every other show-and-tell yacht extravagance out of the water.

how much is history supreme yacht

The History Supreme was created and built by Stuart Hughes, a British purveyor of frilly gadgets and the creator of both the most expensive suit and most expensive iPhone in the world. This supreme boat was sold to an anonymous ultra-wealthy Malaysian business man, assumed to be Robert Kuok.

You have to see it to believe it, as this almost implausible work of floating golden art took Hughes 3 years to complete and cost $4.8 billion. Mr. Hughes was ecstatic when approached by a friend in the yachting circle to design the luxury liner. He had free creative reign to design and construct the yacht as he wished. Hughes never met the purchaser of his creation, Mr. Kuok, who is reported to be the richest man in Malaysia with a net worth of $12.5 billion.

how much is history supreme yacht

At 100 feet long, and weighing-in at staggering 220,462 pounds worth of precious gold and platinum, all the extraordinary features are on deck and opulently on display.

The dining area, rails and anchor are all made from priceless metals, and the base of the vessel is wrapped in pure gold. The superyacht’s lavish interior features central sleeping quarters and is adorned with platinum accents, including wall features made from meteoric stones and authentic T-Rex Dinosaur bones.

This astounding and innovative abundance continues on board with a luxury liquor bottle featuring an 18.5 carat diamond, one of the rarest in the world. Also, wrap your head around the custom iPhone that’s covered in 500 cut diamonds which include two interchangeable diamonds fitted over the phone’s “home button”. If you forget that you’re at sea, a reminder might also be the yacht’s superbly ordained panoramic wall aquarium made of 24 carat gold.

how much is history supreme yacht

The History Supreme has maintained the title of most expensive yacht on the high seas for nearly a decade now, with no other luxury liner able to surpass its mammoth price tag. Too good to be true, or knot?

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What Is Yacht History Supreme? (The Fascinating Story Behind It)

how much is history supreme yacht

For centuries, luxury yachting has been a long-time favorite among the wealthy, a symbol of their wealth and success.

Today, one yacht stands out among the rest for its sheer opulence and grandeurthe Yacht History Supreme.

This remarkable vessel has been at the center of attention for its luxurious amenities and features, as well as its mysterious owner.

This article will explore the fascinating story behind the Yacht History Supreme, from its history of luxury yachting to its recent sightings.

Get ready to explore the world of super yachts and experience the grandeur of the Yacht History Supreme!.

Table of Contents

Short Answer

Yacht History Supreme is a luxury yacht constructed by the Australian company, History Supreme.

It was designed by the British designer, Luiz de Basto, and is constructed from 100,000 kg of solid gold and platinum.

It is said to be the most expensive yacht in the world, with an estimated cost of $4.

The yacht features a master bedroom that is made from a single piece of 24-carat gold, and a sculpture of a T-Rex dinosaur made from bone-like material.

History of Luxury Yachting

The history of luxury yachting dates back centuries, when wealthy European families would use their ships to explore the world, show off their status, and even host extravagant parties.

The history of luxury yachting has evolved over time, as advances in technology have made it easier to build bigger and more luxurious vessels.

Today, luxury yachting is a billion-dollar industry, with people from all over the world investing in some of the most expensive and extravagant yachts ever built.

One of the most iconic yachts in the luxury yachting world is the Yacht History Supreme.

Built in 2011 by the Dutch-based firm, Lrssen Yachts, the Yacht History Supreme is one of the worlds most expensive and luxurious yachts.

It measures over 100 meters in length and features a gold-plated exterior, diamond-encrusted furnishings, and a helipad.

It also has a master suite, two VIP cabins, and other luxurious amenities.

The yacht is owned by an anonymous Malaysian businessman and is often seen off the coast of Monaco.

The Yacht History Supreme is a testament to the advances in technology and luxury that have been made in the world of yachting over the years.

It is a stunning symbol of the progress that has been made in the luxury yachting industry and a reminder of the importance of creating the most luxurious and opulent experiences for those who can afford it.

Yacht History Supreme Overview

how much is history supreme yacht

Yacht History Supreme is a luxury yacht that stands out from the rest.

Built in 2011 by the prestigious Dutch-based firm, Lrssen Yachts, the vessel is one of the worlds most expensive and luxurious yachts, featuring a golden exterior, diamond-encrusted furnishings, and a helipad.

Measuring over 100 meters in length, the yacht has a master suite, two VIP cabins, and other luxurious amenities.

Its owner is an anonymous Malaysian businessman who has chosen to remain anonymous and is often seen off the coast of Monaco.

The interior of the yacht is just as stunning as its exterior.

The main deck features a luxurious salon and a dining room with an impressive glass table.

The yacht also features a gym and a sauna, as well as a private movie theater.

The upper deck is also filled with luxurious amenities, such as a bar and a jacuzzi.

The exterior of the yacht is just as luxurious and impressive.

The golden exterior is encrusted with diamonds, and the yacht also features a helipad.

The vessel is powered by two MTU diesel engines and is capable of reaching a top speed of 17 knots.

Yacht History Supreme is a symbol of luxury and extravagance, and its impressive features make it stand out from the rest.

Its golden exterior and diamond-encrusted furnishings make it one of the most luxurious yachts in the world.

Its no wonder that this yacht is often seen off the coast of Monaco, as its owner enjoys the luxury and extravagance of the vessel.

Features of Yacht History Supreme

Yacht History Supreme is a marvel of luxury and engineering, built in 2011 by the renowned Dutch-based firm Lrssen Yachts.

This luxurious yacht is an impressive 100 meters in length, and features a golden exterior, diamond-encrusted furnishings, and a helipad.

Inside, the yacht is outfitted with an opulent master suite, two VIP cabins, and other luxurious amenities.

The interior is decorated with fine woods, marble floors, and crystal fixtures.

The exterior features a large area for sunbathing, a Jacuzzi, and an outdoor bar.

The yacht also includes a spa, gym, and cinema.

The Yacht History Supreme is owned by an anonymous Malaysian businessman and is often seen off the coast of Monaco.

This impressive vessel is powered by twin MTU 20V4000 M93L engines and boasts a top speed of 16 knots.

It is equipped with the latest navigation, communications, and entertainment systems, making it the perfect choice for a luxurious, stylish getaway.

Luxurious Amenities of Yacht History Supreme

how much is history supreme yacht

The Yacht History Supreme is truly one of the worlds most luxurious vessels.

Its golden exterior is complemented by its diamond-encrusted furnishings, making it a sight to behold.

The yacht is over 100 meters in length and boasts a master suite, two VIP cabins, and other lavish amenities.

The interior of the yacht is as luxurious as its exterior.

The master suite features a private balcony and a stunning view.

Guests can relax in the VIP cabins, which are equipped with private lounges and bathrooms.

The yacht also has a helipad, allowing for easy access to the vessel.

Other amenities include a spa with a sauna and massage rooms, a gym, a wine cellar, and an outdoor cinema.

It is one of the most expensive yachts in the world, and its luxurious amenities are sure to make any voyage a memorable one.

Whether youre looking to relax in a private balcony or enjoy a movie under the stars, the Yacht History Supreme has something for everyone.

The Yacht’s Owner

The Yacht History Supreme is owned by an anonymous Malaysian businessman, who has chosen to remain unknown to the public.

However, details of the owner have been slowly revealed as the yacht has been seen in various ports around the world.

The yacht is estimated to have cost somewhere between $4.

5 billion dollars, making it one of the most expensive yachts ever built.

This is a testament to the wealth and extravagance of its owner who, it is thought, is a successful businessman from Malaysia.

What makes the Yacht History Supreme so unique is its luxurious design and amenities.

It boasts a golden exterior, diamond-encrusted furnishings, and a helipad, which make it stand out from the rest.

It also measures over 100 meters in length, making it one of the largest yachts ever built.

Inside, the yacht features a master suite, two VIP cabins, and other luxurious amenities.

The Yacht History Supreme is often seen off the coast of Monaco and other locations around the world.

This is believed to be due to its anonymous owner’s preference for privacy and luxury.

The yacht has become a symbol of the wealth and power of its owner, who remains anonymous to this day.

The Yacht’s Grandeur

how much is history supreme yacht

The Yacht History Supreme is truly a sight to behold.

From the outside, it is coated in a gold-plated finish, giving it a regal and luxurious feel.

The yacht is over 100 meters in length and features a master suite, two VIP cabins, and other luxurious amenities.

Its interior is adorned with diamond-encrusted furnishings, making it one of the most luxurious yachts in the world.

The yacht also has a helipad, allowing its owner to come and go in grand style.

It is the perfect combination of grandeur and luxury, making it the perfect vessel for the well-heeled traveler.

Recent Sightings of Yacht History Supreme

Yacht History Supreme has become a regular sight off the coast of Monaco, often spotted by tourists and locals alike.

Its impossible to miss, with its shining golden exterior and gleaming diamond-encrusted furnishings.

The yacht measures over 100 meters in length, and has a master suite, two VIP cabins, and many other luxurious amenities.

Its owner, an anonymous Malaysian businessman, has been seen on board numerous times, enjoying the sunshine, crystal-clear water, and the sounds of Monaco.

This yacht is often seen in the company of other luxury vessels, including mega yachts, super yachts, and even the occasional cruise liner.

Its a sight to behold, and one thats enjoyed by many who are lucky enough to witness it.

Yacht History Supreme has become an iconic symbol of wealth and luxury, and its not hard to see why.

The yachts helipad is also a popular spot for tourists to take pictures, as it provides a spectacular view of Monacos coastline.

Final Thoughts

Yacht History Supreme is an impressive feat of luxury yacht engineering and craftsmanship.

Its golden exterior, diamond-encrusted furnishings, and other luxurious amenities make it one of the most expensive and luxurious yachts in the world.

Owned by an anonymous Malaysian businessman, Yacht History Supreme has been seen off the coast of Monaco and is a sight to behold.

To truly appreciate the grandeur of Yacht History Supreme, we suggest taking a trip to Monaco and seeing it for yourself.

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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Stuart Hughes

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The HISTORY SUPREME

how much is history supreme yacht

£ 3,000,000,000.00

Description

The worlds most unique yacht â HISTORY SUPREME â probably the most expensive.This project was commissioned for Stuart Hughes of Liverpool U.K. from an anonymous leading Malaysian business man.At 100ft the yacht took 3 years to complete , a circa of 100,000 kilograms of solid gold and platinum were added to make this an exciting project.All features inc deck , dinning area , rails , anchor , made from precious metals.The base of the vessel was wrapped in gold , a thin layer was formed to embrace this huge section.The main sleeping quarter was adorned with platinum accents of which included , wall feature , made from meteoric stone , with genuine Dinosaur bone shaved in from the raptor T – REX. A cost of £3 billion , the most exclusive yacht was born !Similar unique designs can be found on our other site www.goldstriker.co.uk

With great sorrow, we announce the passing of Stuart Hughes, the heart and soul behind Goldstriker International. Stuart’s journey came to a peaceful end, leaving a void in our hearts and an enduring legacy in the realm of luxury and craftsmanship.

Born on March 23, 1971 in the historic city of Liverpool, England, Stuart’s early life was steeped in the rich cultural tapestry of his hometown, known for its contribution to arts, music, and sports. These elements profoundly shaped Stuart, inspiring him to create Goldstriker International, a symbol of exclusivity, innovation, and extraordinary artisanship. Each creation was a testament to Stuart’s meticulous attention to detail, from the items themselves to the handmade boxes that presented them.

Stuart’s warmth and gracious spirit were as remarkable as his professional achievements. He navigated life and business with a serene confidence, an effortless charm that made every interaction memorable. His genuine kindness and approachable demeanor endeared him to all, leaving lasting impressions that went beyond the exquisite creations he brought into the world.

As we bid farewell to Stuart, we also acknowledge the closing of Goldstriker International. Without Stuart’s unique vision and passion, the continuation of the business he so lovingly built is unthinkable. This decision, though difficult, honours the fact that Goldstriker was a reflection of one man’s dream and exceptional talent.

Our hearts go out to Stuart’s family — his mother Helen, his children Daniel and Harry, Uncle Philip, Marie and Zara, and his beloved granddaughter Summer. We share in your sorrow and offer our unwavering support during this trying time.

As we reflect on Stuart’s remarkable life and legacy, we invite our cherished clients and friends to join us in celebrating the indelible mark he has left on our lives and the luxury industry. Stuart’s spirit and values will continue to inspire us, reminding us of the beauty of pursuing one’s passions with kindness, humility, and a gentle spirit.

With deepest sympathy and respect,

Stevan Brash Webmaster and Friend

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A Closer Look at the $4.8 Billion History Supreme

Most of us do not wish for much money; a million dollars is enough to make us turn our lives around, but there are always people who are looking for more. While you are praying for a car, another wants a private jet; while you are looking for more space in your garage, another is preparing to buy an entire house. We are not equal, and that is the reason why when you hear that someone is willing to buy a yacht for $4.8 billion, you have to ask who it is. A yacht that goes by the name "History Supreme" has you thinking that it contains lots of history either in its construction or decorations yet the only thing historical about the $4.8 billion yacht is the use of extinct bones. Stuart Hughes made the headlines eight years ago with the declaration that he had taken three years to complete building History Supreme, so we had to learn more about it.

Why be valued so highly?

Multi-billionaires have competed against each other to see whose yacht is the longest and when we think that we have found the winner another boat is made and it outshines the rest. History Supreme was not about being the longest; it only was going to be 100 feet long, but the materials used to make it would ensure that no other yacht ever came close to its price. Manufacturers value their products depending on the cost of production and for Stuart, the boat which he also claimed the buyer had given him free rein to make, the construction meant going all out hence the astronomical price. History Supreme was reportedly made from:

Precious metals

As little girls boast of wearing nothing but gold-coated earrings since any other will cause them to have allergic reactions, they already feel like they own the world with their jewelry all because it has a touch of gold. Well, imagine owning a vessel whose base is made from solid gold. The anonymous businessman who bought the History Supreme took pride in owning a yacht whose base was made from gold; a thin layer is formed to coat its entire base, according to Stuart Hughes.

The sleeping quarters were allegedly made from platinum and together, both the platinum and gold used weighed 100,000 kilograms. As if that is not enough of the costly expenses, holding down the vessel was an anchor also made from precious metals while the railings, dining area, and deck also were constructed from precious metals, according to Luxury Launches.

Bones of an extinct animal

The moment you learn that something no longer exists, you can be sure that finding it is going to be nearly impossible and when you do, the value will be too high for you to afford probably. Such is the case with the History Supreme, which only a multi-billionaire would dare think about buying. Stuart allegedly used the bones of an extinct dinosaur named "Tyrannosaurus Rex" or simply "T. Rex." Why anyone would choose to have the bone shavings of a carnivorous dinosaur in their bedroom is a question that only Stuart can answer given that he supposedly came up with the design.

Meteoric stone

Stuart was looking to outdo renowned yacht designers when he said that History Supreme also contained Meteoric stones in the construction of the walls of the main sleeping quarters. The significance of having meteoric stones is still about driving the price of History Supreme upwards. Although Stuart did not reveal the exact meteoric stones used, maybe the fact that they are rarer than gold and a pound could be worth as much as $1 million is enough to make us believe that History Supreme is worth every penny included in its high cost.

Time spent constructing it

Everyone values their time differently; Josh Turner sang that time is love, but to a businessman, time is money. Stuart valued his time so much that he must have factored in the three years spent constructing History Supreme in the price when he quoted the £3 billion cost.

Too good to be true

In 2011, mainstream media went into a frenzy with the news that Stuart Hughes was going to make the most expensive in the world after Stuart claimed the project had been commissioned from an anonymous Malaysian businessman. The cost of the project was £3 billion according to Stuart Hughes and at such an amount is was apparent that someone somewhere was ready to splurge on a luxurious yacht, but the question remained as to who the mysterious buyer was.

As always when questions are unanswered, curiosity gets the better of us as we wonder if what we are being told is the truth or fabricated stories. Business Insider had assumed that the billionaire who bought the yacht was Robert Kuok but later discovered that the businessman whose net worth stood at a staggering $12.5 billion at the time, had deconstructed his Hong Kong mansion to avoid displaying his wealth. Now, that is not the behavior of someone who would spend $4.8 billion on a yacht.

We are always warned that if it sounds or looks too good to be true, it usually is, and in this instance, that was the case. Upon investigations, it was discovered that the whole project was but a hoax which the media had been gullible enough to believe in without doing their due diligence before reporting the lies to the public. It is shocking how far people are willing to go to make a name or themselves because Stuart Hughes was desperate enough to be noticed. According to Yacht Harbour, he went to the website of Baia Yachts and took pictures from there which he used to try and fool the public into believing he was making the most expensive yacht worldwide.

Our instincts should, however, have told us that billionaires are not interested in having a connection with the extinct animals by building a yacht with their bones. It is all about ego and for a billionaire a yacht should be something that gives him personal satisfaction, like Roman Abramovich's Eclipse which he had built to eclipse every other boat in the sea with regards to length.

Dana Hanson

Written by  Dana Hanson

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Luxatic

History Supreme is the world’s most expensive yacht

By Adrian Prisca

Updated on July 1, 2015

History Supreme

The renowned luxury goods designer Stuart Hughes has created the world’s most unique and probably most expensive yacht called History Supreme or Baia 100 Supreme that’s apparently worth 3 billion GBP or close to $5 billion. This yacht has been apparently designed for an anonymous leading businessman from Malaysia who probably won’t be that anonymous after getting on this beauty.

History Supreme is made of 100,000 kilograms of solid gold and platinum and took over three years to be completed. It’s 100 ft long and wherever you look you’ll see the precious metals it was made of. Even the dining area, deck and anchor have been made using real precious metals.

The base of the yacht is wrapped with solid gold and the wall feature is specially crafted from meteoric stone along with a genuine dinosaur bone shaved in from the raptor T-REX. The main sleeping area has platinum accents just like many other rooms of this amazing yacht.

Update: A lot of people have been emailing us about the History Supreme yacht and we have to mention that this yacht concept was actually fake, even though I’m sure a lot of billionaires would dream of owning a lavish yacht as this concept was announced to be.

History Supreme

About Adrian Prisca

Founder of Luxatic and countless other projects, Adrian has shaped this website into a go-to source for discerning readers looking for the latest in luxury products and experiences. He has over 15 years of experience in creating, managing and publishing lifestyle content across numerous platforms and he’s considered a leading voice in the luxury industry. Learn more about Luxatic's Editorial Process .

1 thought on “History Supreme is the world’s most expensive yacht”

For me the most importnat on my yacht is extreme good AUDIO STAFF. I have bought for my yacht audio ZETA ZERO cinema system (the company is from http://www.audio-high-end.com ) Now I think we have one of the most luxary and one of the best avialable audio staff on ANY YACHT in The World!!!! this is ONLY for reach as us ! but live is great now!! yahhhhhhhhhhh We may listen our lovely music and films now at the middle of ocean as in paradise. Zeta Zero is really greattttt!!!!!!!! I love this system for its sound. We found it in Dubai but producers are frm old Europe!

Ana Esmeralda Thurk and Markos Osama

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History Supreme is the world’s most expensive yacht for $4.8 billion

how much is history supreme yacht

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The $4.8 Billion Vessel: Here's What Makes History Supreme The Most Expensive Yacht In The World

The yacht History Supreme costs almost $5 billion for goof reason.

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Supreme history is a boat made of gold, history supreme's luxurious interiors and performance, rumors and speculations on the history supreme.

Billionaires appear to be constantly trying to outdo each other and themselves when it comes to purchasing ridiculously expensive and extravagant items . As such, it's possible that in 2011, an unidentified Malaysian, reported to be business billionaire Robert Kuok , may have gone to the top of the pack by purchasing History Supreme, a yacht composed of solid gold, platinum, meteoric stone, and a tyrannosaurus rex bone. Kuok is the self-made billionaire who runs the Kuok Group, an international corporation with operations all over the world. He reportedly spent a third of his $12.8 billion fortune when he paid $4.8 billion for the History Supreme. It's estimated that the 97-year-old will have a net worth of $12.6 billion by 2021, according to Forbes.

Gold-plated rooms are the norm on boats, where every luxury is taken care of for their guests. There are numerous swimming pools, dance floors, cinema halls, bars, and lounges, as well as a variety of other amenities for the billionaires who own these wonders of architectural design. But that's not all; owners board in helicopters that land on the deck of the boat for added panache. One of the world's top engines powers each yacht, which is a sleek and attractive craft. No one on board notices a jot of discomfort as they soar through the waves at top speed. In order to ensure that their sheen and durability are worth the price tag, the ships are built using the best materials available.

RELATED:  What Makes Stuart Hughes Diamond Edition The Most Expensive Suit In The World

History Supreme is the most expensive boat in the world. A Malaysian businessman, who wishes to remain unknown, commissioned Stuart Hughes to create it. According to media reports, the guy is Robert Kuok, the billionaire creator of Shangri-La Hotels and Resorts. When finished, the 30-meter yacht took three years to build and required about 100,000 kilograms of solid gold and platinum. On the boat's base, a thin film of gold metal has been applied to give it a luxurious look. The deck, dining area, railings, and even the anchor all feature a touch of gold trim. As one example of the yacht's lavish interior design, the major sleeping quarter features a T-Rex bone set on a meteoric stone wall.

A remarkable 220,462 pounds of precious metals were used during the vessel's three-year construction, according to the Daily Mail. It was all gold and platinum: the base of the boat, the deck, dining area, rails, and anchor. As Roman Abramovitch spent ten times as much for Eclipse, it has been believed that Robert Kuok bought the superyacht. The Forbes billionaires' list ranks Kuok as one of only three Malaysians with a net worth of $5 billion or more. The most likely bidder is Robert Kuok, the wealthiest man in Malaysia, with a net worth of $12.5 billion, according to the Business Insider.

There are precious metals used in the eating room, rails, and anchors; the vessel's base is covered in pure gold. In the superyacht's luxurious interior, there are central sleeping quarters and platinum embellishments, including wall features created from meteoric stones and actual T-Rex Dinosaur bones. One of the world's rarest diamonds , an 18.5-carat one, is featured in a luxury liquor bottle on board the ship. Take a look at the diamond-encrusted bespoke iPhone, which features two diamonds that can be swapped out for the home button. It's possible to forget that you're at sea if you don't notice the 24-carat gold-plated panoramic wall aquarium on board the boat.

There has been no mention of the superyacht's performance or other qualities as you may have realized this by now. Despite the thorough quality of the features discussed, it felt like they were just a random assortment of stuff they gave to justify such an excessive price tag. The fact that none of it was real was an even more ridiculous claim than the rumored price of $4.8 billion for a yacht.

When news of History Supreme spread, many representatives for Hughes acknowledged to various media sites, including in emails sent to Business Insider , that the reports contained accurate information. After that, there was complete and utter stillness coming from their end. The name History Supreme made the yacht sound like an insane vessel that not even a wealthy villain would buy, and there's a good reason for it. It was never a thing, and nor was it ever created, and no, it is not out there. History Supreme is likely the biggest boating fraud in the industry, despite what Google and a few reputable yachting websites want you to think.

Baia Yachts, based in Italy, issued a statement saying that the photos allegedly showing History Supreme posted on Hughes' website were stolen from its website and appropriated without permission at some point after the initial story was published. Hughes has not removed the post for whatever reason, and if it were up to him, he would still have you believe that he developed and sold the world's most costly boat, which the manufacturers constructed with more than 220,000 pounds of 24-carat gold.

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Sources: Super Yacht Times , Boat International , Lifestyle Asia

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NOW that's how you bling up a yacht.

A gold-plated super-yacht that is claimed to be worth a staggering £3 billion ($4.5 billion) has taken the title of the most expensive in the world.

UK designer Stuart Hughes claims that the 30-metre long History Supreme yacht is adorned with 100,000 kilograms of gold and platinum that covers more than half its surface and even comes with a statue made from the bone of a T-Rex dinosaur.

The base of the yacht as well as the deck, dining areas, rails and anchor are wrapped in solid gold and the sleeping areas are covered in platinum.

There is also a wall feature in the master bedroom that is made from meteoric stone and an aquarium made from 68kg of 24 carat gold.

Also on board is a luxury liquor bottle featuring an 18.5ct diamond, one of the world’s rarest.

Designed by jeweller Stuart Hughes, the “mammoth” project took over three years to complete.

The vessel even outshines Russian billionaire Roman Abramovich’s $450 million yacht Eclipse , which has its own missile defence system and a submarine.

It is claimed the History Supreme was completed in Malaysia two weeks ago for an anonymous businessman.

Mr Hughes has also produced laptops, beds, cars and a suit covered in precious metals.

History Supreme yacht

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After 11 years of delays, the billionaire businessman has rehashed his plans to replicate the ill-fated ship.

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History Supreme mystery: ‘Most expensive yacht in the world’ costs $4.8b but nobody has seen it

Published on Apr 19, 2022 at 1:53PM (UTC+4)

  • by Brandon Livesay

Last updated on Jun 16, 2022 at 4:54PM (UTC+4)

The History Supreme cruising on calm ocean waters.

The History Supreme is ‘made with 100,000kg of gold and platinum’, has a feature wall made of T-Rex bone and meteorite, and includes a bottle of booze with an 18.5-carat diamond on it.

Well that’s how the story goes.

Oh, and it reportedly costs $4.8 billion.

It’s one of the biggest boating myths going, a concept yacht so impressive that it made world headlines .

But no one has ever seen it and internet sleuths think it never existed.

So here’s the story of the History Supreme.

When you think of the most expensive yacht in the world, a 30m vessel is not what springs to mind.

The floating cities that park off Monaco are upwards of 100m in length. The Azzam is the longest yacht in the world at 179m.

But they’ve got nothing on the extravagance of what’s claimed to be inside History Supreme.

READ MORE: The biggest superyacht in the world – worth $735m – has been seized

The History Supreme back deck is covered in gold and platinum.

How did they come up with a $4.8 billion boat?

Let’s start with the 100,000kg of gold and platinum that builder Stuart Hughes’ website claims was used in construction.

Even the hull of the boat is said to be wrapped in a layer of gold.

Inside the yacht you’ll find… more gold.

The feature wall in the sleeping quarters is made of a T-Rex bone and meteorite.

The creator of the History Supreme, Hughes , says “all features including deck, dining area, rails, anchor, [are] made from precious metals”.

The sleeping quarters have a feature wall “made from meteoric stone with genuine dinosaur bone shaved in from the raptor T-Rex”, Hughes’ website says.

Hughes is known for wrapping objects in gold and diamonds, most famously iPhones.

So this makes sense. But he’s not known as a boat builder. And despite several interviews with news outlets saying it was real, nobody has spotted this beast in the wild.

Who owns the History Supreme?

Similar to the boat itself, it’s a bit of a mystery. We know Stuart Hughes claims to have built the luxury yacht for a Malaysian businessman.

But armchair detectives think they know who that businessman is.

The rumours are it belongs to Robert Kuok, founder of the Shangri-La hotel and resorts chain.

Kuok is the richest person in Malaysia and Forbes estimates his worth at a cool $12.6 billion. But this doesn’t quite add up either. Why would a billionaire spend nearly $5b of his $12b fortune on a boat?

But even more mysterious is where the boat is.

It’s not been sighted at the major ports billionaires tend to hang out at.

And some yachting message boards believe the images are taken from another similar concept yacht.

So what does it all mean?

As a concept, it’s incredible. Is it real? There’s no evidence to say it was built other than the Hughes website saying it took three years to build.

Inside the History Supreme is an elegant dining area.

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Lawyers for former president and presumptive GOP nominee Donald Trump say coming up with the bond on roughly half a billion dollars while he appeals his New York fraud judgment is a "practical impossibility."

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Donald J. Trump’s lawyers told a judge that their client could not come up with the collateral needed to stave off efforts to collect a $454 million judgment. He has three days left.

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It’s crunchtime for Donald J. Trump.

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In a court filing, Mr. Trump’s lawyers revealed that he had been unable to secure an appeal bond despite “diligent efforts” that included approaching about 30 bond companies.

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Mr. Trump exaggerated the property values, and in turn his own net worth, to obtain favorable loan terms from banks and insurers, according to Ms. James.

At the trial, which lasted months, Ms. James’s lawyers showed that Mr. Trump’s company had ignored appraisals and manipulated numbers to sometimes absurd heights.

For example, the former president had valued his triplex apartment in Trump Tower on Fifth Avenue as if it were 30,000 square feet for years. It was actually 10,996 square feet.

Mr. Trump lost the trial. The judge overseeing the case — there was no jury — ruled in favor of Ms. James.

How was he punished?

The judge, Arthur F. Engoron, came down hard on Mr. Trump, imposing a judgment of $355 million plus interest, amounting to $454 million.

The judge also imposed a range of penalties that could curb Mr. Trump’s influence over his family business, barring him from serving as a top executive at a New York company for three years.

What comes next?

Mr. Trump has appealed the judgment.

Although he does not have to pay Ms. James’s office the $454 million while he appeals, he is on the hook to either cut a check to the New York State Court system for the full amount himself, or, more likely, obtain an appeal bond.

What is an appeal bond?

In this case, it would be a document in which a bond company promises to pay the $454 million judgment, plus interest, if Mr. Trump were to lose his appeal and fails to pay.

To obtain a bond of such size, Mr. Trump would need to pledge a significant amount of collateral to the bond company — about $557 million, his lawyers said — including as much cash as possible, as well as any stocks and bonds he could sell quickly.

He would also owe the bond company a fee that could amount to nearly $20 million.

Does he have enough cash to obtain one?

Short answer: No.

A recent New York Times analysis found that Mr. Trump had more than $350 million in cash as well as stocks and bonds, far short of the $557 million he would need to post in collateral.

In a court filing on Monday, Mr. Trump’s lawyers said they had contacted more than 30 bond companies, and none had agreed to do a deal.

But I thought he was a billionaire?

While Mr. Trump has long bragged about his wealth, his true financial position remains something of a mystery. And most of his wealth is tied up in his real estate holdings, which bond companies don’t typically accept as collateral.

He also has less liquid collateral available today than he did even a few weeks ago. Earlier this month, Mr. Trump had to post a $91.6 million bond in the defamation case he lost to E. Jean Carroll. For that, he most likely had to pledge more than $100 million in collateral to Chubb, the insurance company that provided the bond. That money cannot be used as collateral for a second bond.

What is the deadline for the bond?

Mr. Trump asked an appeals court either to pause the fraud judgment while he appeals it, or to accept a lesser bond of $100 million. It is unclear whether the court will rule before Mr. Trump’s deadline to post the bond.

Although Ms. James could have moved to collect the $454 million immediately, she offered a 30-day grace period, which ends on March 25.

Ms. James could still grant additional time for Mr. Trump to pay or show mercy to the former president by offering a counterproposal.

What other options does Trump have?

If the appeals court denies his bid for a pause, and he still can’t find a bond by March 25, he might appeal to the state’s highest court.

Assuming that fails, he could quickly sell one of his properties or other assets, or seek help from a wealthy supporter. He might also try to obtain a loan from a bank, hedge fund or private equity firm, which he could then post as collateral for a bond. And the attorney general has suggested that Mr. Trump could pledge his properties to the court.

And his net worth could soon leap when shares of his social media company start trading on the stock market as early as Monday. His shares are currently valued at roughly $3 billion. Although he is prohibited from selling the shares for six months, Mr. Trump could find ways around that restriction that enable him to use his stake to raise cash for the appeal bond.

If all else fails, he could have the corporate entities implicated in the fraud case file for bankruptcy, which would automatically halt the judgment against those entities. But Mr. Trump is likely to balk at bankruptcy, and even if he were to pursue that path, it is not a panacea.

Ms. James’s judgment would not be halted against Mr. Trump himself, and she would most likely seek to hold him accountable for his company’s debts.

How could the state collect?

If Mr. Trump misses the March 25 deadline, Ms. James could move swiftly to begin collecting the money owed to the state.

It could get ugly for Mr. Trump. She could send so-called restraining notices to Mr. Trump’s banks and brokerage firms, effectively freezing his accounts. She could do the same to anyone who owes Mr. Trump money, essentially collecting rent from tenants in his building.

And if she wanted to take a more aggressive posture, she could even try to seize some of the properties involved in the case, including the golf club and Seven Springs estate in Westchester. She has threatened to take aim at his office tower on Wall Street in Lower Manhattan, but it unclear whether she can, because Mr. Trump does not actually own the building. Instead, he effectively controls the property and pays rent to the owner.

Actually seizing any property through the courts could take significant time without a guarantee of a huge payoff. Mr. Trump could seek delays, and even if Ms. James can force a sale, Mr. Trump’s lenders would be first in line to collect.

Ms. James probably would not be entitled to seize assets unrelated to the case, though that and similar questions might require litigation to resolve.

Although Ms. James can’t put Mr. Trump in jail — because it is a civil case, not a criminal one — Justice Engoron could issue an arrest warrant for Mr. Trump if he repeatedly flouts court orders in the collection process. That, however, is unlikely to happen.

Could Trump use campaign money to pay?

Probably not.

A super PAC supporting Mr. Trump’s candidacy can raise unlimited amounts of money, but it is legally banned from coordinating with him and cannot pay the judgment.

And although the former president has used a political action committee under his control to pay for lawyers and witnesses in his legal cases, that group lacks the kind of money needed to address the $454 million penalty.

He is now scrambling to raise campaign cash as he faces a significant financial deficit. Mr. Biden’s campaign recently announced that it had entered March with $155 million cash on hand. Mr. Trump’s campaign and the Republican National Committee had about $40 million total on hand at the end of January, though the Trump campaign has not released a more recent total.

What else is happening on March 25?

Mr. Trump also has a crucial hearing in his Manhattan criminal case, which could be the first prosecution of a former American president.

The Manhattan district attorney, Alvin Bragg, filed charges against Mr. Trump that accuse him of covering up a sex scandal involving a porn star to bolster his 2016 presidential campaign. The case is now proceeding to trial.

Jury selection was originally scheduled to start on March 25, but the trial was delayed late last week after the disclosure of more than 100,000 pages of records that had been in the possession of the federal prosecutors.

While the documents have now been turned over, Mr. Trump’s lawyers were given until mid-April to review the papers.

Justice Juan M. Merchan set the March 25 hearing to determine if the trial should be delayed further and to rule on Mr. Trump’s motion for an outright dismissal.

The Manhattan case is among four criminal prosecutions Mr. Trump faces.

Ben Protess is an investigative reporter at The Times, writing about public corruption. He has been covering the various criminal investigations into former President Trump and his allies. More about Ben Protess

Uber to pay Australian taxi operators $272 million in class action settlement

Uber has agreed to pay $271.8 million to Australian taxi and hire car drivers, operators and licence holders to compensate them for losing income and licence values when the rideshare giant moved into the Australian market.

The class action against Uber was expected to go to trial in the Supreme Court of Victoria on Monday but Judge Lisa Nichols vacated it after the rideshare giant agreed to the colossal settlement.

It was the fifth-largest class action settlement in Australian history and one of the most successful class actions against Uber, the lawyers behind the case said.

Maurice Blackburn Lawyers principal Michael Donelly said the settlement was preceded by a five-year legal battle in which Uber "fought tooth and nail at every point along the way".

An Uber sticker in the back window of a red car

"But on the courtroom steps and after years of refusing to do the right thing by those we say they harmed, Uber has blinked, and thousands of everyday Australians joined together to stare down a global giant," Mr Donelly said.

"This case succeeded where so many others have failed. In Victoria, Queensland and Western Australia, cases were brought against governments and all of them failed," he said.

"What our group members asked for was not another set of excuses – but an outcome – and today we have delivered it for them."

Mr Donelly said the settlement would put "beyond any doubt" that Uber had been held accountable.

He confirmed Maurice Blackburn's fees would be between $30 million and $35 million, and the rest of the proceeds would be divvied up between plaintiffs. The money will not be split equally because some group members suffered greater financial losses than others.

In a statement provided to the ABC, Uber said that ridesharing regulations "did not exist anywhere in the world, let alone in Australia" when the company first started.

"Today is different, and Uber is now regulated in every state and territory across Australia, and governments recognise us as an important part of the nation's transport mix," the statement read.

"Since 2018, Uber has made significant contributions into various state-level taxi compensation schemes, and with today's proposed settlement, we put these legacy issues firmly in our past."

'Conspiracy by unlawful means'

More than 8,000 taxi and hire car owners are part of the class action suit, which was filed in 2019.

The lawsuit alleges that Uber Australia and its parent companies knowingly operated illegally and therefore had an unfair advantage over taxi and hire car drivers who were complying with the law.

"Our key allegation is that in launching UberX, Uber used unlicensed cars and unaccredited drivers. Uber said that was innovation, we said it was illegal, a conspiracy by unlawful means," Mr Donelly said.

UberX is the name of the private car service offered by the company, which also offers a car-pooling service.

The lawsuit also alleged that Uber misled regulators, geoblocked authorities and used an electronic "kill switch" that cut access to Uber servers to thwart law enforcement during raids.

The Uber files, leaked documents released in 2022, revealed Uber used similar strategies to establish itself in nearly 30 countries.

Lead plaintiff Nick Andrianakis, a former taxi driver, said the settlement was a win for small businesses, taxi drivers and taxi and hire car operators.

"I've lost my passion for work. I lost my [taxi licence] plates that were half a million dollars each. And I lost my income that provided food on the table for my family," he said, adding he had lost more than $1 million in total.

A bald man wearing a suit poses next to a 13cabs cab on a leafy street.

Mr Andrianakis was forced out of the taxi business when Uber entered the Australian market, he told ABC when the lawsuit was filed .

"My family has always been into taxis, my father drove taxis … my son drove taxis while he was at uni," Mr Andrianakis said.

"But when Uber came to our shores illegally, like pirates, they broke every law, every regulation."

Former MP and taxi driver Rod Barton, who is one of the plaintiffs on the class action, told ABC Radio Melbourne that he felt "vindicated" by the result.

"They (Uber) knew full well they were required to have their drivers and their vehicles fully licensed. They chose not to do that, and they did a lot of things that gave them a commercial advantage against the taxi industry, which established their foothold," Mr Barton said.

"They've accepted that now, clearly, and that acceptance has just cost them $272 million."

The Supreme Court, which has to formally approve the settlement before it is paid out, is expected to look at an approval application in April.

Another non-class action proceeding by Taxi Apps Pty Ltd is expected to go to trial in the coming weeks.

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