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You’ll never guess which billionaire US businessman has moored his luxury yacht in Greenock

The multi-million pound super-boat has raised eyebrows after mooring at the James Watt Dock

• By Connor Boylan
• Published : 10:15, 22 Jul 2017
• Updated : 10:54, 22 Jul 2017

A SUPERYACHT belonging to US billionaire Richard DeVos has found a new berth in Greenock.

The luxury Amaryllis has raised eyebrows after mooring at the James Watt Dock.

The multi-million pound boat is ranked 84 in the world in terms of size.

American businessman DeVos, 91, is believed to be the 205th wealthiest person on the planet.

Back in April, Russian billionaire Alexei Mordashov caused a stir when his boat docked at the same spot .

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The Seaquest's Owner: Exploring The Boat's History And Mystery

• Last updated Sep 21, 2024
• Difficulty Beginner

• Category Boating, Pedalos and Punts

The 50-metre, $40 million superyacht SeaQuest is owned by the family of Betsy DeVos, the U.S. Secretary of Education. DeVos is the daughter of Edgar Prince and is married to Richard DeVos Jr., whose father started the Amway corporation. The SeaQuest is one of 10 yachts owned by the DeVos family and is registered to RDV International Marine LTD. The family are also shareholders in the Westport yacht-building company.

What You'll Learn

The seaquest yacht is owned by betsy devos' family, devos family is a shareholder in the westport yacht company, the yacht was built by westport in 2008, the yacht is registered to rdv international marine ltd, the yacht can accommodate 12 guests and a crew of 12.

The luxurious Seaquest yacht, valued at $40 million, is owned by the family of Betsy DeVos, the U.S. Secretary of Education. DeVos is married to Richard DeVos Jr., whose father founded the Amway Corporation, a multi-level marketing company. The Seaquest yacht is one of ten yachts owned by the DeVos family and is registered to RDV International Marine LTD. The family is also a shareholder in the Westport yacht-building company, which built the Seaquest in 2008.

The Seaquest yacht is a 50-metre luxury motor yacht that can accommodate 12 guests and a crew in separate cabins. It was designed by Donald Starkey and has a maximum speed of 24 knots and a cruising speed of 20 knots. The yacht was moored at the Huron Boat Basin when it was untied from the dock and set adrift, causing an estimated $5,000 to $10,000 in damage.

Betsy DeVos is the daughter of Edgar Prince and the daughter-in-law of Richard DeVos, the co-founder of Amway. DeVos and her husband have kept a low profile regarding their ownership of the yacht, with a spokesperson for their private investment management firm clarifying that the yacht belongs to DeVos's father-in-law and his wife. Betsy DeVos has maintained a clear separation between her public duties and her private life.

The Seaquest yacht is a prominent asset in the DeVos family's fleet, reflecting their success and influence in the business world, particularly in the realm of yacht ownership and maritime leisure.

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The DeVos family, prominent figures in American business and political circles, are known for their interest in yachting. They have owned several yachts over the years, including the Westport 164 yacht Legacy, which was built by Westport Yachts in 2012. The DeVos family is also a prominent shareholder in the Westport yacht-building company, further highlighting their passion for nautical pursuits.

The Legacy yacht, an epitome of maritime elegance and sophistication, was valued at $40 million and boasted annual running costs of approximately $4 million. It was designed by renowned yacht designer Donald Starkey and featured a captivating exterior that reflected the perfect blend of comfort, elegance, and functionality. The 50-meter yacht was powered by MTU engines, enabling it to reach a top speed of 24 knots and a cruising speed of 18 knots. The interior, also designed by Donald Starkey, accommodated 12 guests and a crew of 11, offering luxurious and comfortable quarters for all on board.

In addition to the Legacy yacht, the DeVos family owns several other private jets and a $10 million mansion on Lake Macatawa in Michigan. Betsy DeVos, a member of the DeVos family, served as the 11th United States Secretary of Education until her resignation in January 2021. The family is also known for their philanthropic endeavours, having donated over $1.2 billion to various worthy causes through their family foundations.

The DeVos family's net worth is estimated to be approximately $5 billion, showcasing their success and influence in various industries, including yachting, where their ownership of the Legacy yacht and shares in the Westport yacht company demonstrate their affinity for the maritime world.

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The yacht Seaquest was built by Westport in 2008. It is a 49.93-metre luxury motor yacht with a beam of 9.3 m. The yacht was designed by Donald Starkey, who is known for creating awe-inspiring profiles for many luxury yachts. Seaquest is powered by engines that give it a maximum speed of 24 knots and a cruising speed of 20 knots. It can accommodate 12 guests in cabins and has a crew of 11. The yacht is owned by Betsy DeVos, the family of the U.S. Secretary of Education, and is registered to RDV International Marine LTD. The DeVos family is also a shareholder in the Westport yacht-building company.

Westport Yachts is a luxury yacht builder based in Westport, Washington, USA. The company was founded in 1964 and has become a well-respected name in the industry. They specialize in building custom-made luxury motor yachts that range in size from 82 to over 130 feet in length. Westport yachts are crafted using a combination of traditional craftsmanship and cutting-edge technology, ensuring the highest standards of quality and performance. Notable projects from Westport include Hospitality, Boardwalk, and Evviva.

The DeVos family is prominent in American business and political circles. Richard DeVos was the co-founder of Amway, a popular direct-selling company, and his son, Dick DeVos, is the current CEO. Betsy DeVos, Dick's wife, served as the United States Secretary of Education. The family is also known for their philanthropy and political donations, primarily aligned with Republican and conservative causes.

Seaquest is one of ten yachts owned by the DeVos family. The yacht was damaged in an incident while moored at a Huron dock, causing an estimated $5,000 to $10,000 in repairs. Despite this setback, Seaquest remains a testament to the DeVos family's success and their appreciation for luxury and the maritime lifestyle.

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The luxurious SeaQuest yacht is registered to RDV International Marine LTD. The 50-metre yacht, valued at $40 million, is one of ten yachts owned by the DeVos family. The SeaQuest was built by Westport in 2008 and is registered in the Cayman Islands.

The DeVos family has a long history in business and is well-known for its association with the Amway corporation, a multi-level marketing company. Richard DeVos, the co-founder of Amway, is the father of Dick DeVos and the father-in-law of Betsy DeVos, who served as the U.S. Secretary of Education. The SeaQuest yacht is part of the Richard DeVos fleet and was purchased from the manufacturer by RDV International Marine Limited in 2008.

Betsy DeVos, her husband Dick, and other family members are often associated with the SeaQuest yacht. However, a spokesman for their private investment management firm, Windquest Group, clarified that the yacht is owned by Richard DeVos and his wife, Helen. Greg McNeilly, the chief operating officer of Windquest Group, provided documentation to support this claim, including the original bill of sale and a document transferring the only other share in RDV to Richard M. DeVos.

The SeaQuest yacht accommodates 12 guests and a crew of 12 in separate cabins. It is a luxurious vessel with a maximum speed of 24 knots and a cruising speed of 20 knots. The DeVos family is a shareholder in the Westport yacht-building company, reflecting their interest in yacht ownership and marine investments.

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The Seaquest yacht is a luxurious vessel that epitomises opulence and comfort. With a length of 50 metres (164 feet) and a beam of 9.4 metres (30.9 feet), it offers ample space for its guests and crew. The yacht can accommodate up to 12 crew members and 16 guests, ensuring a personalised and luxurious experience for all on board.

The interior of the Seaquest is a masterpiece in design, courtesy of Donald Starkey Designs. The yacht features 5 cabins, including a master suite, two double cabins, and two twin cabins, all exuding elegance and comfort. The yacht's spacious interior provides a relaxing atmosphere, with ample room to unwind and socialise.

Seaquest's performance is just as impressive as its accommodations. With a cruising speed of 20 knots and a maximum speed of 24 knots, it offers exhilarating journeys across the seas. The yacht's range of 5200 nautical miles at 12 knots allows for extended voyages to far-flung destinations.

The yacht is a testament to American engineering, built by Westport Shipyard in the United States and launched in Port Angeles, Washington, in 2008. Its hull and superstructure are crafted from composite materials, ensuring durability and a sleek appearance. Seaquest's teak decks further enhance its aesthetic appeal and provide a stable platform for guests to enjoy their time on the water.

Seaquest is currently owned by Betsy DeVos, the family of the U.S. Secretary of Education, and is one of 10 yachts owned by the entire family. It is registered to RDV International Marine LTD, and the DeVos family is a shareholder in the Westport yacht-building company.

Who Really Owns the Luxurious Boat Hannah B?

Frequently asked questions.

The boat is owned by Richard DeVos and his wife, Helen. Richard DeVos is the father of U.S. Department of Education Secretary Betsy DeVos.

The Seaquest is a 50-metre or 49.93-metre luxury motor yacht.

The Seaquest is a $40 million superyacht.

The Seaquest was built by Westport in 2008.

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Where Are Betsy Devoses Yachts Registered?

Table of Contents:

The SeaQuest yacht, owned by Betsy DeVos, the U.S. Secretary of Education, was untied from its mooring at a Lake Huron marina in Ohio. The yacht, registered under the Cayman Islands flag, was set adrift at the Huron Boat Basin, where it was docked. The DeVos family, which owns a fleet of yachts, including Legacy, SeaQuest, Wind Quest, and Kitsune, has a fleet of 10 boats.

The SeaQuest, a 164-foot luxury yacht, was untied from its mooring at a Huron boat basin, causing the vessel to drift into a dock and incur thousands of pounds worth of damage. The DeVos family owns a fleet of yachts, including Legacy, SeaQuest, Wind Quest, and Kitsune. The 50-meter yacht, initially owned by the DeVos family, was sold in 2022 and is now called Maison Blanche. The 50-meter yacht, powered by MTU engines, has a top speed of.

The DeVos family is a shareholder in the Westport yacht building company, which is located at the same address as RDV Corporation, which manages the DeVos family’s yachts. The SeaQuest is one of 10 yachts owned by the whole family, registered to RDV International Marine LTD. The Devos family owns a sportsplex in Florida, a baseball stadium in Michigan, and a resort in the Bahamas.

In a November 2017 report from Newsweek, investigative watchdog group Checks and Balances Project has questions about a luxury yacht tied to U.S. Secretary of Education Betsy DeVos. The SeaQuest Yacht, famously owned by Betsy DeVos, was docked in Huron Friday.

📹 Secretary of Education Betsy Devos’ $40 million yacht set adrift on Lake Huron

Secretary of Education Betsy Devos’ $40 million yacht set adrift on Lake Huron: …

What country are most yachts registered in?

Presently, the most widely used yacht registries are the United States, the Marshall Islands, the Cayman Islands, St. Vincent and the Grenadines and the British Virgin Islands. In 2010, Florida enacted a law capping the tax on the sale or use of a boat by any person, partnership or company at $18,000.

Who owns most of the wealth in Canada?

Wealthiest households The wealthiest households (top 20%) held more than two-thirds (67.1%) of all net worth in Canada, while the least wealthy households (bottom 40%) held 2.8%.

The latest estimates from the distributions of household economic accounts reveal that net worth (wealth) decreased for a broad range of households in the second quarter, but especially for the most vulnerable, including the least wealthy (-12.0%) and households younger than45years (-8.2%). Reductions in wealth for the least wealthy were largely driven by higher-than-average increases in debt, while younger households (under45years) were affected more by declining real estate values, as these households tend to depend more on housing as a source of wealth than older households. Although a broad range of households are becoming increasingly indebted relative to the value of their assets, their ability to manage their debt payments, as measured by the debt-to-income ratio, remains stable.

The results presented in this release focus on the trends in wealth for an average household with different demographic and economic characteristics, including by age group and by wealth quintile, which is a measure of economic inequality that ranks all households by wealth, from lowest to highest, and then divides those households equally into five groups. It is important to recognize that not all households, even those with similar characteristics, necessarily experience the same economic situations. Unless otherwise stated in the text below, comparisons over time are based on the second quarter of2022relative to the first quarter of2022. Households are grouped by age according to the age of the major income earner.

Net worth for least wealthy affected more by recent economic turmoil. In contrast with earlier in the COVID-19pandemic, households have recently faced a perfect storm of economic pressures, with asset values declining amidst turmoil in financial and housing markets, as well as increasing interest rates and persistently high inflation. On average, regardless of a household’s demographic or economic characteristic, gains in household wealth acquired over the previous year have been erased. Average household net worth was $940,558as of the second quarter of2022, down $65,400(-6.5%) from the previous quarter, and down $19,318(-2.0%) from the second quarter of2021.

Which family owns most of the world’s wealth?

With an estimated wealth of $305 billion, the Royal family of Abu Dhabi- Al Nahyan family— is known as the richest family in the world. The head of the Al Nahyan family, Sheikh Mohammed bin Zayed Al Nahyan, is the ruler and President of the United Arab Emirates (UAE). The Al Nahyan family is known for being royals, oil tycoons, and politicians all of which contributes to their vast wealth.They topped the list of the World’s Richest Families 2023 by Bloomberg.

How much is the Van andel family worth?

As the founding partners of the American multi-level marketing company, Amway, the success of Richard DeVos and his high school friend, Jay Van Andel, has made both of their families among the richest in the United States. At the time of DeVos’s death at the age of 92 in September 2018, Forbes estimated his family’s wealth at $5.4 billion. The same publication put the Van Andel family’s net worth at $6 billion in July 2015, eleven years after Jay passed away in 2004. After retiring from the day-to-day responsibilities of running the business in the 1990s, the company continued to be run by DeVos and Van Andel’s children and grandchildren, who call themselves the ‘G3.’ Born in Grand Rapids, Michigan, the founders went to the same high school and began their entrepreneurial careers together by selling a wide range of products door to door post WWII, which they both served in. These products included dietary supplements and home cleaning supplies, which would form the foundation of the Amway empire, founded in 1959. Richard and Jay each had four children, all of whom have held various positions within the company, which has become an international success story over the years. Richard’s son, Doug, and Jay’s son, Steve, currently serve as Co-chairmen. Before that, they were both Co-CEOs until the end of 2018. Their predecessor in that role was Doug’s older brother, Dick, who is married to the current United States Secretary of Education, Betsy DeVos. Members of both families have either served in positions of political influence or been campaigners and donors for Republican party candidates over a long period of time. In addition, the DeVos family, beginning with Richard, has owned several professional sports franchises, including the Orlando Magic in the NBA, which Richard bought for $85 million in 1991.

Is Rich DeVos related to Betsy DeVos?

Personal life. Richard DeVos was the father of Dan (owner of the Grand Rapids Griffins hockey team), Richard Jr. (“Dick”, husband of former Education Secretary Betsy DeVos and candidate for governor of Michigan), Cheri, and Doug. DeVos was a member of the Christian Reformed Church in North America.

This article is about Richard DeVos Sr. For his son Richard DeVos Jr., see Dick DeVos.

Richard Marvin DeVos Sr. (March 4, 1926 – September 6, 2018) was an American billionaire businessman, co-founder of Amway with Jay Van Andel (company restructured as Alticor in 2000), and owner of the Orlando Magic basketball team. In 2012, Forbes magazine listed him as the 60th wealthiest person in the United States, and the 205th richest in the world, with an estimated net worth of $5.1 billion.

DeVos was born in Grand Rapids, Michigan, the son of Ethel Ruth (Dekker) and Simon Cornelius DeVos, Dutch Americans who worked in the electrical business. He was educated at Grand Rapids Christian School, and at Calvin College, and was a member of the Sigma Phi Epsilon fraternity. He served in the military in World War II in the United States Army Air Corps.

Why are so many yachts registered in Bermuda?

The flag state has the responsibility to enforce regulations over vessels registered under its flag, so yacht registration under countries on the Paris Memorandum of Understanding (Paris MoU) on Port State Control’s black or gray list will come under more scrutiny in inspections. Because of this, a large majority of yachts are flagged in British Overseas Territories, known as the ‘Red Ensign Group’ — including Bermuda, Gibraltar and the Isle of Man.

These countries have acceptable safety regulations for travel in EU countries, while also having more attractive tax structures than the UK. In fact, company tax is set at 0% in the Channel Islands, the Isle of Man, the Cayman Islands, and Bermuda.

This is particularly useful for those who wish to spend time in European Union waters, as vessels owned or used by EU residents are subject to the EU’s Value Added Tax (VAT). Private yacht registration with a non-EU flag allows an owner to operate under a “temporary importation structure” which allows for 18 months free of these taxes or customs duties. After the 18 months are over, the boat owner can re-apply for this status.

Bearing this in mind, let’s take a look at some of my favorite countries for yacht registration.

Why register a yacht in the Cayman Islands?

Tax Benefits. One of the main advantages of registering a superyacht in the Cayman Islands is the favorable tax regime. The islands have no income, capital gains, or inheritance taxes, and there are no restrictions on foreign ownership. Moreover, the Cayman Islands offer a range of tax-efficient structures for yacht ownership, such as exempted companies, limited partnerships, and trusts. These structures can help yacht owners to minimize their tax liabilities and optimize their financial planning.

Efficient Registration Process. The Cayman Islands have a streamlined and efficient registration process for superyachts. The registration is handled by the Cayman Islands Shipping Registry, which is a Category 1 member of the Red Ensign Group. This means that the registry is authorized to register yachts of any size and type, and it adheres to the highest international standards of safety and quality. The registration process can be completed in a few days, and it involves minimal paperwork and formalities.

World-Class Infrastructure. The Cayman Islands have a world-class infrastructure for superyachts, with modern marinas, ports, and facilities. The islands are strategically located in the heart of the Caribbean, and they offer easy access to the main yachting destinations in the region. The Grand Cayman Island, which is the largest of the three islands, has several marinas that can accommodate superyachts of up to 100 meters in length. These marinas offer a range of services and amenities, such as fueling, provisioning, maintenance, and repairs.

Why are yachts flagged in the Cayman Islands?

The Cayman Islands is a jurisdiction of choice for offshore vessel registration for many reasons, the most popular of which being the tax benefits. As a tax-neutral jurisdiction, yacht owners registered in the Cayman Islands can save thousands in fees related to taxes, registration, and VAT alone. The Cayman Islands also offers convenient ease of marine vessel access with three ports of registry and several marinas across the three islands.

Another benefit of registering vessels in the Cayman Islands is that they are considered British vessels and are therefore protected by the British Royal Navy. Furthermore, these vessels fall under the Category 1 British Registry within the Red Ensign Group. This is considered a first-class flag and one of the top flags in the world by the International Chamber of Shipping (ICS). Vessels registered under CISR also benefit from its whitelist and low-risk status at all major ports worldwide, and with 15 global locations yacht owners are afforded 24/7 support. CISR-registered vessels can also participate in the International Maritime Organization (IMO) using the British status of their vessel.

Yacht owners registered in the Cayman Islands also benefit from considerably fewer inspections, less hassle, more support, and smoother sailing…no pun intended.

The Cayman Islands has set itself above other tax-free locations such as Malta, Singapore, and Cyprus by offering yacht owners and shipping companies a genuine physical presence in which to place their staff in turnkey offices and generate legitimate tax-free international business income. This is accomplished through Cayman Maritime & Aviation City, a component of Cayman Enterprise City (CEC) set up specifically for businesses within the maritime industry so they can take advantage of the benefits offer by operating from the award-winning Special Economic Zone. The Cayman Islands Government has granted appealing concessions to such companies.

Who are the richest family in Canada?

Richest People in Canada, 2024RANKNAMENET WORTH1David Thomson & family$69.9 billion2Changpeng Zhao$60.4 billion3David Cheriton$14.8 billion4Jim Pattison$9.0 billion.

As of July 31, 2024, David Thomson was estimated as the wealthiest person in Canada, with a net worth of around $69.0 billion, followed by Changpeng Zhao (No. 2, $60.2 billion) and David Cheriton (No. 3, $14.5 billion).

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What is DeVos?

Devos is a concatenated form of the Dutch-language surname De Vos (meaning “the fox”), common in the Belgian province of West Flanders and French Flanders. DeVos is a version of “De Vos” found in the United States.

Notable people with the Devos or DeVos name include:

• Danny Devos (born 1959), Belgian body and performance artist
• Emmanuelle Devos (born 1964), French actress
• Gérard Devos (1903–1972), Belgian footballer
• Hendrik Devos (born 1955), Belgian racing cyclist
• Jeanne Devos (born 1935), Belgian nun and missionary in India
• Katrien Devos, Belgian-born American plant geneticist
• Laurens Devos born 2000), Belgian table tennis player
• Léon Devos (1896–1963), Belgian racing cyclist
• Léon Devos (1897–1974), Belgian painter
• Louis Devos(de
• fr) (1926–2015), Belgian opera tenor and music director
• Paul Devos (1911–1981), Belgian chess master
• Philip-Michael Devos (born 1990), Canadian ice hockey player
• Raymond Devos (1922–2006), Belgian-French humorist
• Werner Devos (born 1957), Belgian racing cyclist
• William Devos (1857– aft. 1902), American businessman and Wisconsin politician

What is the net worth of the DeVos family?

DeVos is married to former Amway CEO Dick DeVos. Her brother, Erik Prince, a former U.S. Navy SEAL officer, is the founder of Blackwater USA. Their father is billionaire industrialist Edgar Prince, founder of the Prince Corporation. In 2016, the family was listed by Forbes as the 88th-richest in America, with an estimated net worth of $5.4billion.

On November 23, 2016, then-President-elect Donald Trump announced that he would nominate DeVos to serve as Secretary of Education in his administration. On January 31, following strong opposition to the nomination from Democrats, the Senate Committee on Health, Education, Labor and Pensions approved her nomination on a party-line vote, sending her nomination to the Senate floor. On February 7, 2017, she was confirmed by the Senate by a 51–50 margin, with Vice President Mike Pence breaking the tie in favor of her nomination. This was the first time in U.S. history that a Cabinet nominee’s confirmation was decided by the vice president’s tiebreaking vote.

On January 7, 2021, DeVos tendered her resignation as education secretary as a result of the January 6 United States Capitol attack, saying to President Trump in her resignation letter, “There is no mistaking the impact your rhetoric had on the situation.” Her resignation took effect on January 8, 2021, twelve days before her term would have ended with the inauguration of Joe Biden as president.

DeVos was born Elisabeth Prince on January 8, 1958. She grew up in Holland, Michigan, the eldest of four children born to Elsa (Zwiep) Prince (later, Broekhuizen) and Edgar Prince, a billionaire industrialist. Edgar was the founder of Prince Corporation, an automobile parts supplier based in Holland, Michigan. She is of Dutch ancestry.

📹 Is Betsy DeVos’ Yacht Flag For Tax Evasion?

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Related Articles:

• Where Are Betsy Devos’S Yachts Registered?
• Where Is Betsy Deovos Yacht Registered?
• Where Is Betsy Devos’S Yacht Registered?
• Which Country Is Betsy Devos Yacht Registered In?
• Does Betsy Devos Have Several Yachts?
• How Many Yachts Does Betsy Devos Have?

Debbie Green

I am a school teacher who was bitten by the travel bug many decades ago. My husband Billy has come along for the ride and now shares my dream to travel the world with our three children.The kids Pollyanna, 13, Cooper, 12 and Tommy 9 are in love with plane trips (thank goodness) and discovering new places, experiences and of course Disneyland.

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