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The world’s biggest yachts – what’s behind the growth of the gigayacht

Helen Fretter

  • Helen Fretter
  • March 14, 2017

The last few years have seen launches of some of the world's largest yachts, truly gigayachts. Helen Fretter delves into the world of the gigayacht

who owns gigayacht

Dwarfing not only any other yacht that happened to be on the River Eider, but even the buildings along the foreshore, the monolithic Sailing Yacht A made quite an impression when she was launched from the Nobriskrug yard in Hamburg in the autumn of 2016.

The 142m, eight-deck behemoth is the archetypal ‘gigayacht’, phenomenal not just in her dimensions but also in her radicalism.

The Philippe Starck-designed Sailing Yacht A , with her 20m freeboard, begs the question: is she even a sailing yacht? The last yacht to divide opinion, and attract the shock and awe of the non-sailing public in the same manner was Maltese Falcon , the glossy, experimental megayacht designed for Silicon Valley venture capitalist Tom Perkins.

But the Falcon was launched a decade ago, and Sailing Yacht A is just one of a crop of extraordinary gigayachts, or sailing superyachts of 80, 90 or 100m plus, to touch the water in 2016.

Besides the 142m Sailing Yacht A , another three-masted design was launched from OceanCo this autumn, the 106m  Black Pearl , which looks set to become the largest sailing yacht in the world – for a while at least. Black Pearl represents a modern evolution of the rotating Dynarig pioneered by Maltese Falcon . Meanwhile in the spring, the largest Bermudan rigged yacht ever launched, the 86m ketch Aquijo , powered through sail trials in preparation for a global adventure.

There are more in the pipeline also. Royal Huisman announced this autumn that they had been commissioned to design and build the 86m Project 400 , another three masted design, this one more conventionally rigged. A proposal for the 114m Endurance has just been unveiled, an explorer concept designed to be able to cruise unassisted for three months. There is also the 86m Komorebi , an experimental wingsail-assisted hybrid trimaran design from the French multihull experts VPLP.

Rise and rise of the gigayacht

Why the sudden flurry of these stratospherically ambitious projects? In truth, it is not that sudden – initial pitches for what ultimately became Sailing Yacht A were invited back in 2008, and pre-studies began in 2011. A decade between projects seems rather shorter when design and build takes at least five years – gigayacht owners may be exacting, but they also have to be extraordinarily patient.

The 141m four-masted Dream Symphony is currently in build out of wood in Turkey, and includes vast living accommodation, and a swimming pool that converts to become a helipad platform

The 141m four-masted Dream Symphony is currently in build out of wood in Turkey, and includes vast living accommodation, and a swimming pool that converts to become a helipad platform.

What is remarkable, though, is how rapidly the yachts have grown in size – raising the upper ceiling from 88 to over 140m in a decade. Dutch naval architecture firm Dykstra has been instrumental in many of the world’s most innovative megayachts, including Sailing Yacht A , Black Pearl , and Maltese Falcon .

Managing director Thys Nikkels comments, “Ten years ago a big boat was a very different size than a big boat is now. I can still remember when I started working in ’91 a 40-metre yacht in those days was a big boat. In the mid-90s we started to design the yacht Athena , which we thought was the biggest boat we were ever going to see in our lives, as a sailing yacht she was 80 metres on the water.”

The largest single sloop rigged yacht in the world remains Mirabella V , launched back in 2003 and since renamed (and slightly lengthened during a refit) M5 at just over 77m. Rob Doyle, who worked on the project led by Ron Holland, recalls:

“We started designing her 17 years ago now. We hit a very natural sweet spot with Mirabella and that’s why it has taken so long for other boats to suddenly go over her length and over her rig height.

“ Mirabella still has the highest ‘P’ measurement [distance from boom to top of mast] and the longest boom in the world, though there are taller masts now.

“She set a bar and we didn’t realise we’d actually set it. It came down to a ratio of the rig weight to the draught and the keel weights, and everything else to be able to carry that amount of sail and that ballast to satisfy the rules.

“We pushed technology a lot – about 16 companies went bust over Mirabella  because the jump was so massive. We were jumping from a 64m to a 75m [yacht] and that jump was like learning to fly, then going to the moon!”

Article continues below

who owns gigayacht

Video of Sailing Yacht A, the world’s largest sail-assisted vessel, during early sea trials

This video footage of Sailing Yacht A shows her with her towering free-standing masts and illustrates the jaw-dropping scale of the world’s…

who owns gigayacht

A look on board the extraordinary 86m Aquijo, the world’s largest ketch

The largest Bermudan rigged ketch ever launched, the 86m Aquijo was designed by Bill Tripp and launched last year. The build came…

Ken Freivokh, who was responsible for the radical styling of Maltese Falcon , also points out that after the much publicised launch of the Falcon many buyers did not want to be seen to be emulating Tom Perkins’s unique style, preferring to wait, or opt for a conservative design. After the Falcon , Freivokh’s next radical Dynarig yacht was Black Pearl , which he began work on six years ago. At 106m Black Pearl dwarfs Maltese Falcon , with a 2,700GT volume that puts her just under the key 3,000GT limit.

Surprisingly, Dykstra’s Thys Nikkels says that the Dynarigs being built today are not markedly different to the one developed for Maltese Falcon a decade ago. “In concept it is not very different. In detail there are a number of improvements that have been made.

But Maltese Falcon was – for her time – years far ahead and she proved to be very successful in sail handling and sailing, so there are not many improvements to be done. Nowadays you just have different materials you can use, or different electronics and software systems that you can use for control.”

Maltese Falcon, launched in 2006, pioneered the Dynarig concept utilised on many of the next generation of larger gigayachts

Maltese Falcon, launched in 2006, pioneered the Dynarig concept utilised on many of the next generation of larger gigayachts.

Sail handling

Meanwhile a decade of development in superyacht rigs and sail systems, means that Aquijo ’s owner could opt for a conventional ketch rig, which can deploy over 3,000m2 of sails in around six minutes.

Sail handling routines are necessarily different – the jib is furled when tacking. “Vitters organised a nice system that keeps just a nice amount of tension on the jib sheets furling in and out so that they are not flailing about,” explains Aquijo ’s designer, Bill Tripp. “So it’s not a dinghy tack, but it is safe and orderly.

“The spinnaker is on a fast furler and furls up in 30 seconds, making gybes less complex. There is the ketch choreography of bringing the main and mizzen in, but the steering is precise and there is no need to put too much sail up for the conditions.”

Aquijo master cabin

Aquijo master cabin

The forces generated on yachts such as Aquijo may be enormous – mast compression can reach around 580 tons – but are no longer beyond the realms of riggers’ experience. “When we started building boats like Saudade [the 2009 45m Wally], 14 tonnes was a very big load. Once we understood racing these boats, and understood they were controllable, you can take another step.

“We were delighted when sailing Aquijo upwind in a lot of breeze that the load on the mainsheet was showing around 12 tonnes. It’s 2:1 so that’s 24 tonnes. I’m not saying that’s not a massive load, but it’s similar to what we have on Saudade ’s big sheet 1:1, and we have years of experience with handling that.” Custom built 40 ton carbon and alloy winches help manage the sheet loads.

Tripp notes that a Dynarig was never considered as an option. “What you’re really asking is do you want the ease of sailing or do you want to be able to access something exciting? And we wanted both of them.

“Sailors tend to like the more fundamental experiences, and when the technology allows them to access those more fundamental experiences, well that’s a great joy.”

Aquijo is the world’s largest ketch, with a mainsail that can be furled or unfurled in around four seconds

Aquijo is the world’s largest ketch, with a mainsail that can be furled or unfurled in around four seconds

Finding the limit

Just how big can a sailing yacht go? Five years ago plans were unveiled for a 101m sloop, with a single 125m carbon mast, which raised a few eyebrows and discussions over whether it might be possible. Malcolm McKeon worked on the proposal and says that it was the cost, rather than technical limitations, which put the brakes on the project.

“It was an evolving process. The owner has a 50m-plus sailing superyacht, and he wanted a new yacht big enough that he could put a reasonably sized chase boat on board. He wanted an explorer type sailboat that he could go to the Pacific on, and carry all his toys with him, and not have to have a support boat.

“The design started at 65 or 70m and it just grew and grew and grew until it got to 100m, and then it basically just got too expensive.

Recent sail trials on Sailing Yacht A saw the 1,464m2 mainsail unfurled from the 27.5m carbon U-shaped boom. Incredibly she is designed to heel up to a maximum angle of 12 degrees under full sail

Recent sail trials on Sailing Yacht A saw the 1,464m2 mainsail unfurled from the 27.5m carbon U-shaped boom. Incredibly she is designed to heel up to a maximum angle of 12 degrees under full sail.

“The big problem with the large sail boats is the mast price goes up by a bigger proportion to everything else so the rig price becomes a much bigger percentage of the overall build. Technically it can all be done, it’s just the value of that part becomes a much more significant part and sometimes more difficult for an owner to accept.

“If somebody came to me and said they wanted to build a boat with a 200m mast I would think well, is that really possible? Certainly rigs up to 100m and a bit more I think are possible today, but where we’re going to go after that I don’t know.”

Rob Doyle points out that sailing superyacht owners pay around a 30 per cent premium over opting for a motoryacht, yet the boats lose around a third of the equivalent interior volume. However, for him the biggest limitations are the humans onboard.

“I think we are coming to a stage where we need a new type of rig, to be honest, to be able to safely deploy these sails without killing people. I think we are getting very close to where the metal meets the flesh at the deck level where the people and the guests are hanging around.”

With the ever-increasing winch and line speeds needed to handle the huge loads, serious hand and limb injuries can happen in the blink of an eye. “There is a moral hazard there that keeps playing on my mind,” says Doyle. “We are building very dangerous machines and we have to be very careful of people.”

The newly announced Endurance concept design is a 114m four-masted explorer design with a 6,000 mile range under power

The newly announced Endurance concept design is a 114m four-masted explorer design with a 6,000 mile range under power.

More prosaically, the bigger your gigayacht, the bigger the challenge of just getting on and off it. “Once you are getting to a stage where you can’t get into anchorages you are in constant fear of drifting – even putting down an anchor you need a huge amount of space around you.

“So then you anchor further out into the slop and the big waves, so the owners find it difficult to get on and off the boat, and suddenly other problems can overwhelm the project,” Doyle points out. One increasingly popular solution to that particular problem is a luxury landing craft.

Too big for the Panama Canal

It might seem counter-intuitive, but it is Aquijo ’s owner’s focus on the sailing experience that has enabled the designers of the 86m ketch to push the size limits of a traditionally rigged yacht.

“ Aquijo is a sophisticated machine and brings most aspects of a 1,600GT motor yacht with her,” comments designer Bill Tripp. “But she does not aspire to helicopters or submarines, the feeling of the boat is one of use. She is for getting out there, and for going out sailing. In Greece this summer, she would go out for an afternoon of sailing in 35 knot Meltemi because it is so much fun to sail at 20 knots, as if on rails.

“We have always done sailboats that can get under the Panama Canal bridge, and the biggest we were happy to do and put under the bridge was really 46m because after that we didn’t have big enough sails for the boat.

“Then five years ago we launched A Better Place , and the owner said ‘I’ll go around, I don’t want to limit my boat because of the bridges.’ With Aquijo they said, we want to go to these places anyway, so let’s get the best sailboat we can. So suddenly, instead of having this 63m limit on the rig, that all opened up and we could start doing a sailing boat that had a gross tonnage like some of the bigger motoryachts.

“I think we’re going to see more of that. You can look at the Strait of Magellan [an alternative route to rounding Cape Horn ], as a place that’s a really long way away or a place you really want to go.”

The three- masted Y712 design has an angular ‘Pacman’ bow with a wave-piercing reverse sheer lower section, and extended traditional foredeck above

The three-masted Black Pearl  has an angular ‘Pacman’ bow with a wave-piercing reverse sheer lower section, and extended traditional foredeck above

The wish list

Russian billionaire Andrey Melnichenko is keeping his Sailing Yacht A tightly wrapped under non-disclosure agreements, but a few intriguing details have been released, including magnifying windows which appear larger inside than outside, and a gimballed crow’s nest, accessible by lift, 60m high in the curved mast.

An observation pod embedded in the keel with foot-thick glass gives a mesmerising – and frankly terrifying-sounding – view of the propellers, and there’s a three-man submarine.

Gigayacht designers have come up with some imaginative solutions to meet owners’ foibles and demands. Drawings for the 101m sloop incorporated an entirely retractable hardtop to the flybridge to give the owner his requested uninterrupted view of the sails and sky.

Plans for the Japanese-influenced Komorebi design feature a live tree on the aft deck. Watersports toys are old news – now tender garages are specified to house motorbikes, amphibious quad bikes, even custom-built marinised supercars.

On Aquijo , the headline feature is the ‘beach club’ on the lower deck. “For a sailing boat it is a huge area, they have a sauna, hamman [Turkish Bath], a rainfall shower, a relaxing area, this huge whirlpool in the middle, a little pantry, and enough space for gym equipment around the pool,” explains interior designer Robert Voges.

Beach club on Aquijo

Beach club on Aquijo.

Voges says the trickiest element on the yacht was the flawless high shine steel mast claddings which run through the interior. “It is like a piece of art. The mast was going through the main saloon and guest corridor, and we didn’t want to hide it. So we decided to make a feature out of it with seamless stainless steel cladding with integrated LED strip lights from top to bottom over two decks.”

One of the most radical projects in progress is the 141m Dream Symphony , a four-masted design currently in build in Turkey. Originally slated for launch this year, the project is progressing slowly – in part due to the fact the yacht is constructed of wood. Her design includes a large aft deck swimming pool that transforms into a raised helipad area.

This is the type of concept which seemed fantastical just a few years ago, but is now reality in the motoryachts world where designs like the 81m Alfa Nero have deployed it successfully.

“It’s a good solution because you usually have to drop down all the stanchions and any elements that are higher than the helipad itself, whereas if you lift the helipad you don’t have to lower the other elements,” explains Dream Symphony designer Ken Freivokh.

The 141m four-masted Dream Symphony

The 141m four-masted Dream Symphony

“The brief did not call for a resident helicopter that would have its own hanger – it’s just a ‘touch and go’. You don’t want to set aside space for a helicopter permanently that’s almost never there, so if you have a reasonably sized swimming pool why not use the base of a pool to just receive the helicopter, and then once the helicopter flies away you can put it back to normal operations?” Why not indeed?

No matter how grandiose your ideas, however, not even the vast volumes of a gigayacht can be entirely filled with art galleries and Reiki studios. Robert Voges explains that, like any other ship, “We have to start with all the emergency exits, the corridors, staircases . . . and from there we can work with the other areas which are left over.”

Ken Freivokh estimates that at least 20 per cent of the interior space has to be allocated to the back-of-house systems required to maintain the equivalent of a small hotel – air conditioning, waste, media, and other unglamorous elements behind the touch-screen luxury.

Edge of reason

At 12,700 GT, Sailing Yacht A has the vastest volume of all. But can she be called a sailing yacht? She carries three of the world’s largest carbon rigs – curved, unstayed, capable of rotating a maximum of 70 degrees – featuring in-boom furling that can deploy 3,747 square metres of sail area (67 per cent more than Maltese Falcon ) from a finger tip command. And yet she cannot help but look implausible.

The hull has a maximum beam of 24.8m and includes 24 shell doors

The hull has a maximum beam of 24.8m and includes 24 shell doors.

No matter how innovative the technology on board, or how vast the expense, the elements will not bend to the will of man or millionaire. Various estimates have put her cost at $400-500million, or in the region of £320 to £400 million – to put those sort of figures in context, the bill for the London Olympics Aquatics centre came in at under £300m.

Sailing Yacht A will be ‘sail-assisted’, not wind-powered. Confounding, aggressive in her styling, she’s a yacht that has attracted scathing opinions as often as wide-eyed wonder. But what is the point of creating a gigayacht that doesn’t?

“It is a creative process with the owner,” comments Aquijo ’s designer Bill Tripp, “They have this idea that they can make something that speaks to them. They don’t write symphonies, and they’re not great painters or sculptors, but on the other hand money is vital energy, and they can create these things that wouldn’t exist otherwise.

“It’s great when someone says, ‘Life’s short, I’m just going to do this.’”

who owns gigayacht

The Rise of the ‘Gigayacht’

who owns gigayacht

“For the billionaire who has everything, sometimes a superyacht just isn’t enough,” reports CNN.  “Gigayachts” are the ultimate status symbol, communicating power, eminence and a seemingly limitless supply of cash. Once the rich become the super rich, it’s all about being the biggest and the best – “There’s definitely a ‘mine is bigger than yours’ syndrome in this industry and there is a desire to have the best. That’s the great thing about these yachts,” said Jonathan Beckett, CEO of Burgess Yachts, one of the world’s leading yacht brokers . Buyers of gigayachts are accustomed to surrounding themselves with the most opulent and exceptional possessions, and as owners seek bigger and better yachts, the term ‘gigayacht’ is becoming more and more prevalent. Although there is no standard definition for what qualifies a boat as a “gigayacht,” SuperYacht World editor Paul Ashton says, “A gigayacht I would say is anything that is over 220 feet (67 meters) where the majority of the yacht is customized and bespoke.”

So who currently owns the world’s most expensive yacht? CNN names Roman Abramovich’s “Eclipse,” believed to be between $540 million and $1.1 billion. However, a couple of weeks ago, we reported on “History Supreme,” the $4.8 billion precious-metal-encrusted superyacht (by Ashton’s standards) designed by Stuart Hughes. We’re assuming History Supreme wasn’t named because the buyer hasn’t been officially identified.

If you’re in the market for a new or used boat for sale , Atlantic Yacht & Ship has an extensive database that allows you to search for your perfect vessel with a variety of easy-to-use filters. If you prefer more personal service, simply contact one of our knowledgeable sales professionals by calling 1-888-230-0439. Atlantic has a wide variety of yachts for sale and boats for sale . Contact AY&S today for more information.

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Gigayacht spotted in Portland Harbor attracts attention

by Ariana St Pierre , WGME

A $400 million gigayacht floating in the Portland Harbor is turning heads. (Miles Patton)

PORTLAND (WGME) -- A $400 million gigayacht floating in the Portland Harbor is turning heads.

According to the Press Herald, a yacht is typically at least 30 feet long, a superyacht is 80-100 feet long, a megayacht is 200 feet, and a gigayacht is over 300 feet long.

The yacht, named Rising Sun, is owned by billionaire entertainment mogul David Geffen, according to CBS News.

CBS News reports the boat's original owner, Oracle CEO Larry Ellison, sold Rising Sun to Geffen in 2010.

The Rising Sun reportedly has 82 rooms, including a gym, a basketball court, a wine cellar, a spa, and a movie theater, according to CBS News.

  • Also read: 'It's amazing:' Nearly $70M middle school set to open in South Portland

It can reportedly accommodate up to 16 guests and 45 crew members.

Geffen’s gigayacht is the 20th largest in the world, according to the Press Herald.

It’s certainly an eye-catcher at five stories high and 453 feet long.

who owns gigayacht

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The world's largest superyacht Azzam

10 facts about Lürssen's 180m superyacht Azzam

Related articles, superyacht directory.

Mario Pedol, founder of Nauta Design, gives Elaine Bunting the inside view on what it was like working on one of the world’s biggest private boats.

For six years from her launch in April 2013, the superyacht Azzam stood as the world’s largest private yacht. At 180m overall, Azzam was eclipsed only in 2019 when the research and expedition vessel REV Ocean was unveiled – and then by only three metres.

To Azzam’ s owner – and exterior designer Nauta Design – size was never the ultimate goal. Instead, the objective was to create a sleek vessel with elegant, timeless lines. Originally, the superyacht was designed to be 145 metres, but in the process of optimisation it grew, and to this day, Mario Pedol, founder of Nauta Design, takes it as a great compliment when admirers say the yacht looks smaller than her size.

Nauta, famed as the studio behind some of the most graceful sailing yachts afloat, was asked to create an exterior design for Azzam . “There was already a GA [general arrangement plan of the interior layout] but they were missing the exterior design, and that was quite something,” says Pedol.

Previously, Nauta’s largest project had been 80 metre Project Light , a modern yet graceful motor yacht that drew on sailing yacht aesthetics and blended the boundaries between outdoor and indoor living. Azzam was to be different in style and intent, but Nauta was brought in to shape how the vessel would look.

“It was a challenging brief,” says Pedol. “The ship – and actually it is a ship – was due to reach 30+ knots. So one of the fundamental characteristics was the speed, quite unusual for this size, and I wanted to give a sense of that speed even in the design. Fortunately enough, the requirement of interior volume was not excessive for the length, so it did allow us to design a balanced and elegant yacht with good proportions. I’ve had many comments that, from some distance, you can’t tell she is a 180 metre yacht.”

The yacht accommodates a large, open plan main saloon, accommodation for 36 guests and up to 80 crew, complex ‘dual mode’ engine systems and the fuel required, despite having a comparatively shallow draught of just 4.3 metres.

The challenging design and engineering accounted for around a third of the four-year construction schedule, while arriving at the long, lean shape was in itself a challenge, needing detailed Finite Element Analysis to give the required longitudinal strength.

The interior style remains a closely guarded secret, but heritage was of prime importance. French designer Christophe Leoni , who had previously worked on some of the owner’s residences and palaces, brought similar styles on board, including a wealth of wood furniture intricately veneered with mother of pearl marquetry.

One of Pedol’s most vivid memories is of Azzam ’s first sea trial, when the builders, designers and engineers could finally appreciate the results of their work and calculations. “We boarded at midnight because the Lürssen yard is 60 miles upriver from the sea, and we spent the night at three knots,” he says. “At 07:00 in the morning the project manager called me and said: ‘Come and see.’ It turned out we were already travelling at 32 knots, but it didn’t feel like it. The four waterjets created a very high wake, and [to see the yacht in action], it was a very emotional moment. It was just spectacular…”

10 facts about the superyacht Azzam

1. Azzam was never conceived as the world’s largest superyacht

The design was to be high speed and accommodate a certain interior plan and number of guests, but it was originally envisaged as 145 metres overall. As the need to optimise the structure, and create space for complex engine systems, fuel and tenders developed, together with an elegant exterior sporting a long, sweeping bow and swept back stern, the design grew by another 35 metres to become a recordbreaker.

2. It took more than 4,000 people to build

Rightly thought of as a gigayacht, Azzam took four years to build at German shipyard Lürssen and is said to have cost more than US$500m. Some 4,000 people were involved in the build over four years, clocking up six million man-hours before her launch in April 2013. The builders calculated that had the yacht been built by one person, work would have had to start in 1737BC.

3. Azzam is one of the world’s fastest superyachts

The brief for Azzam was for a vessel that could travel as fast as possible to the owner’s private island off the coast of Abu Dhabi, and she can cover the journey in a matter of hours at her top speed of 33 knots.

4. Azzam is as fast as a Navy frigate and uses similar technology

Top speed is produced by two gas turbine engines and 2 x MTU diesel engines driving two Wartsila axial flow Modular waterjets and two boosters. Altogether they produce 97,000hp and consume 13 tonnes of fuel per hour at top speed.

5. There is a long range mode as well as a ‘sprint mode’

Azzam also has two conventional diesel engines for longer distance voyaging and extended range. Two 9,000kW MTU engines produce a speed of 18 knots over long distances – she could comfortably cross the Atlantic without refuelling.

6. You can practice golf on board

Guests can stay fit by using the onboard gym, pool or practising their swing in a special ‘golf training room’.

7. Over 100 people can live aboard

Azzam accommodates up to 36 guests in supreme comfort, and to look after them there is a crew of between 70 and 80 people.

8. There is a huge open plan main saloon

The large open plan main saloon measures 29 metres long by 18 metres, with no pillars to obstruct the views inside, and it is flanked by full height windows for an expansive view outside. “It was quite a challenge to make this space with no pillars,” observes Mario Pedol, adding that the beams on the ceiling had to be 1 metre in width. Making sure the huge windows were fully stormproof meant the glass had to be specially engineered in Italy and it is over 7cm thick.

9. The interior boasts a wealth of mother of pearl

The furniture on board features intricate marquetry in mother of pearl – such a wealth that it equates to a year’s worth of worldwide production

10. The chandelier doesn’t rattle

A huge amount of work was put into ensuring that the noise and vibration levels of Azzam were very low, even at full speed. Designers and engineers had to ensure the chandelier in the main salon didn’t tinkle underway. “It was difficult to know in advance how this would behave, but it was tested in every possible way with sophisticated software and set up challenging targets and it was not a problem,” says Mario Pedol.

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Who Owns Which Superyacht? (A Complete Guide)

who owns gigayacht

Have you ever wondered who owns the most luxurious, extravagant, and expensive superyachts? Or how much these lavish vessels are worth? In this complete guide, we’ll explore who owns these magnificent vessels, what amenities they hold, and the cost of these incredible yachts.

We’ll also take a look at some of the most expensive superyachts in the world and the notable people behind them.

Get ready to explore the world of superyachts and the people who own them!

Table of Contents

Short Answer

The ownership of superyachts is generally private, so the exact answer to who owns which superyacht is not always publicly available.

However, there are some notable superyacht owners that are known.

For example, Larry Ellison, the co-founder of Oracle, owns the Rising Sun, which is the 11th largest superyacht in the world.

Other notable owners include Russian billionaire Roman Abramovich and Microsoft co-founder Paul Allen.

Overview of Superyachts

The term superyacht refers to a large, expensive recreational boat that is typically owned by the worlds wealthy elite.

These vessels are designed for luxury cruising and typically range in size from 24 meters to over 150 meters, with some even larger.

Superyachts usually feature extensive amenities and creature comforts, such as swimming pools, outdoor bars, movie theaters, helipads, and spas.

Superyachts can range in price from $30 million to an astonishingly high $400 million.

Like most luxury items, the ownership of a superyacht is a status symbol for those who can afford it.

The list of superyacht owners reads like a whos who of billionaires, with names like Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

The most expensive superyacht in the world is owned by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani.

While some superyacht owners prefer to keep their vessels out of the public eye, others have made headlines with their extravagant amenities.

Some of the most famous superyachts feature swimming pools, private beaches, helicopter pads, on-board cinemas, and luxurious spas.

In conclusion, owning a superyacht is an exclusive status symbol for the world’s wealthy elite.

These vessels come with hefty price tags that can range from $30 million to over $400 million, and feature some of the most luxurious amenities imaginable.

Notable owners include the Emir of Qatar, Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

Who are the Owners of Superyachts?

who owns gigayacht

From Hollywood celebrities to tech billionaires, superyacht owners come from all walks of life.

Many of the most well-known owners are billionaires, including Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

Other notable owners include Hollywood stars such as Leonardo DiCaprio and Johnny Depp.

However, not all superyacht owners are wealthy.

Many are everyday people who have worked hard and saved up to purchase their dream vessel.

Other notable billionaire owners include Oracle co-founder Larry Ellison, Saudi Prince Alwaleed bin Talal, and former US President Donald Trump.

These luxurious vessels come with hefty price tags that can range from $30 million to over $400 million.

For many superyacht owners, their vessels serve as a status symbol of wealth and luxury.

Some owners prefer to keep their yachts out of the public eye, while others have made headlines with their extensive amenities – from swimming pools and helicopter pads to on-board cinemas and spas.

Many of these yachts are designed to the owner’s exact specifications, ensuring that each one is totally unique and reflects the owner’s individual tastes and personality.

Owning a superyacht is an exclusive club, reserved for those with the means and the desire to experience the ultimate in luxury.

Whether they are billionaires or everyday people, superyacht owners are all united in their love of the sea and their appreciation for the finer things in life.

The Most Expensive Superyacht in the World

When it comes to superyachts, Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, certainly knows how to make a statement.

His luxury vessel, the 463-foot Al Mirqab, holds the title of the world’s most expensive superyacht.

Built in 2008 by German shipbuilder Peters Werft, this impressive yacht is complete with 10 luxurious cabins, a conference room, cinema, and all the amenities one would expect from a vessel of this magnitude.

In addition, the Al Mirqab features a helipad, swimming pool, and even an outdoor Jacuzzi.

With a price tag of over $400 million, the Al Mirqab is one of the most expensive yachts in the world.

In addition to the Emir of Qatar, there are several other notable owners of superyachts.

Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos all own luxurious vessels.

Bezos yacht, the aptly named The Flying Fox, is one of the longest superyachts in the world at a staggering 414 feet in length.

The Flying Fox also comes with a host of amenities, such as a helipad, swimming pool, spa, and multiple outdoor entertaining areas.

Bezos also reportedly spent over $400 million on the vessel.

Other notable owners of superyachts include Saudi Prince Alwaleed bin Talal, who owns the $200 million Kingdom 5KR, and Oracle founder Larry Ellison, who owns the $200 million Rising Sun.

There are also many lesser-known owners, such as hedge-fund manager Ken Griffin, who owns the $150 million Aviva, and investor Sir Philip Green, who owns the $100 million Lionheart.

No matter who owns them, superyachts are sure to turn heads.

With their impressive size, luxurious amenities, and hefty price tags, these vessels have become a symbol of wealth and prestige.

Whether its the Emir of Qatar or a lesser-known owner, the worlds superyacht owners are sure to make a statement.

Notable Superyacht Owners

who owns gigayacht

When it comes to the wealthiest and most luxurious owners of superyachts, the list reads like a whos who of the worlds billionaires.

At the top of the list is the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, who holds the distinction of owning the most expensive superyacht in the world.

Aside from the Emir, other notable owners include Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

All of these owners have made headlines with their extravagant vessels, which are typically priced between $30 million and $400 million.

The amenities that come with these vessels vary greatly from owner to owner, but they almost always include luxurious swimming pools, helicopter pads, on-board cinemas, and spas.

Some owners opt for more extravagant features, such as submarines, personal submarines, and even their own personal submarines! Other owners prefer to keep their vessels out of the public eye, but for those who prefer a more showy approach, they can certainly make a statement with a superyacht.

No matter who owns the vessel, it’s no surprise that these superyachts are a status symbol among the world’s wealthiest.

Whether you’re trying to impress your peers or just looking to enjoy a luxurious outing, owning a superyacht is the ultimate way to show off your wealth.

What Amenities are Included on Superyachts?

Owning a superyacht is a sign of wealth and prestige, and many of the worlds most prominent billionaires have their own vessels.

The most expensive superyacht in the world is owned by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, while other notable owners include Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

The cost of a superyacht can range from $30 million to over $400 million, but the price tag doesnt quite capture the sheer extravagance and amenities of these vessels.

Superyachts come with all the comforts of home, and then some.

Many owners will equip their vessels with swimming pools, helicopter pads, on-board cinemas, spas, and other luxury amenities.

The interior of a superyacht can be custom-designed to the owners specifications.

Some owners opt for modern, sleek designs, while others prefer a more traditional look.

Many of the most luxurious yachts feature marble floors, walk-in closets, and custom-made furniture.

Some vessels even come with a full-service gym, complete with exercise equipment and trained professionals.

Other amenities may include a library, casino, media room, and private bar.

When it comes to outdoor amenities, superyachts have some of the most impressive features in the world.

Many yachts come with outdoor entertainment areas, complete with full kitchens, dining rooms, and lounge areas.

Some owners even opt for hot tubs or jacuzzis for relaxing afternoons in the sun.

And, of course, there are the jet skis, water slides, and other exciting water activities that come with many of these vessels.

No matter what amenities a superyacht has, it is sure to be an experience like no other.

From the sleek interiors to the luxurious outdoor features, these vessels provide a unique, luxurious experience that is unrivaled on land.

Whether you’re looking for a relaxing escape or an exciting adventure, a superyacht is sure to provide.

How Much Do Superyachts Cost?

who owns gigayacht

When it comes to superyachts, the sky is the limit when it comes to cost.

These luxury vessels come with hefty price tags that can range from anywhere between $30 million to over $400 million.

So, if youre in the market for a superyacht, youre looking at an investment that could easily break the bank.

The cost of a superyacht is driven by a variety of factors, including size, amenities, and customization.

Generally, the larger the yacht, the more expensive it will be.

Superyachts typically range in size from 100 feet to over 200 feet, and they can be as wide as 40 feet.

The bigger the yacht, the more luxurious features and amenities it will have.

Amenities also play a significant role in the cost of a superyacht.

While some owners prefer to keep their yachts out of the public eye, others have made headlines with their extensive amenities.

From swimming pools and helicopter pads to on-board cinemas and spas, the sky is the limit when it comes to customizing a superyacht.

The more amenities a superyacht has, the more expensive it will be.

Finally, customization is another major factor that will drive up the cost of a superyacht.

Many luxury vessels have custom-designed interiors that are tailored to the owners tastes.

From custom furniture and artwork to lighting and audio systems, the cost of a superyacht can quickly escalate depending on the level of customization.

In short, the cost of a superyacht can vary widely depending on its size, amenities, and customization.

While some may be able to get away with spending a few million dollars, others may end up spending hundreds of millions of dollars on their dream yacht.

No matter what your budget is, its important to do your research and find out exactly what youre getting for your money before signing on the dotted line.

Keeping Superyachts Out of the Public Eye

When it comes to owning a superyacht, some owners prefer to keep their vessels out of the public eye.

Understandably, these individuals are concerned with privacy and discretion, and therefore tend to take measures to ensure their yachts are not visible to outsiders.

For instance, some superyacht owners opt to keep their vessels in private marinas, away from the public areas of larger ports.

Additionally, some yacht owners may choose to hire security guards to patrol and protect their vessels while they are moored or sailing.

In addition to physical security, some superyacht owners also use technology to keep their vessels out of the public eye.

For example, a yacht owner may choose to install a satellite-based communications system that allows them to keep their vessel completely off-radar.

This system works by bouncing signals off satellites rather than transmitting them, making it virtually impossible for anyone to track the yachts movements.

Finally, some superyacht owners also choose to limit the number of people who have access to their vessels.

For instance, the owner may only allow family members and close friends to board the yacht.

Additionally, the owner may choose to employ a limited number of staff to help maintain the vessel and keep it running smoothly.

These individuals may be required to sign non-disclosure agreements to ensure they do not disclose any information about the yacht or its owner.

Overall, while some superyacht owners may choose to keep their vessels out of the public eye, there are still plenty of other ways to show off the opulence associated with owning a superyacht.

From swimming pools and helicopter pads to on-board cinemas and spas, there are many luxurious amenities that can make a superyacht the envy of any jet setter.

Final Thoughts

Superyachts are a symbol of luxury and status, and the list of yacht owners reads like a who’s who of billionaires.

From the Emir of Qatar’s world-record breaking $400 million yacht to Microsoft co-founder Paul Allen’s vessel with a helicopter pad and on-board spa, the amenities of these luxury vessels are truly stunning.

With prices ranging from $30 million to over $400 million, owning a superyacht is an expensive endeavor.

Whether you’re looking to purchase one or just curious to learn more about the owners and their amenities, this guide will provide you with all the information you need to stay up to date with the superyacht scene.

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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Who Owns the $400M 82-Room Gigayacht Floating in This Maine Harbor?

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We're no strangers here in Maine to seeing the ultra-wealthy dock their massive floating mansions on the docks at one of hundreds are amazingly beautiful ports. Even though we're used to it, it's still remarkable when a yacht of THIS size shows up.

According to many people on Facebook, Instagram and even WGME, a gigayacht has docked in Portland. Now, to be fair, I had no idea what a gigayacht even was until I read a little further into it.

The Portland Press Herald explained in part that "a yacht is typically at least 30 feet long, a superyacht is 80-100 feet long, a megayacht is 200 feet, and a gigayacht is over 300 feet long."

The yacht, currently docked in Portland Harbor, is a whopping 453 feet in length, WGME reported , and is run by a crew of 45 people and features at least half a dozen decks, has a built-in wine cellar, movie theater, fitness gym and is equipped with more than 82 rooms.

But, how how does a yacht of this size COST? I mean, it has to be a few thousand bucks, right?

In fact, this astonishing piece of nautical equipment cost a staggering $400+ million to build, according to WGME.

Who has that kind of money and the desire to build such a floating palace? None other than David Geffen.

But who the heck is David Geffen?

According to Forbes , Geffen is the cofounder of Dreamworks Animation and "the founder of record labels Asylum Records, Geffen Records and DGC Records."

Forbes states that as of August 2023, he's worth over $7 billion. With a B.

For a little more insight into just how LAVISH this sailing paradise is, check out this YouTube video we came across that provides even more info (and pictures!) of this epic gigayacht.

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Lavish and looming, gigayacht bobbing in Portland harbor attracts curiosity and contempt

Rising Sun, the 453-foot yacht owned by entertainment mogul David Geffen, sports a gym, a wine cellar, a spa, a movie theater and can accommodate up to 16 guests and 45 crew members.

who owns gigayacht

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who owns gigayacht

People walk at Bug Light Park in South Portland Tuesday with the Rising Sun, a five-story, 82-room gigayacht owned by billionaire David Geffen, docked in the background in Portland. Shawn Patrick Ouellette/Staff Photographer

Some people view it as a symbol of wealth-hoarding. Others see it as a tourist attraction. Some believe it’s merely a sign of a changing Old Port. To entertainment mogul David Geffen, the 82-room, $400 million gigayacht floating in the Portland harbor is merely a part-time home.

A boat that is worth $381 million more than the most expensive home for sale on Maine Listings docked in Portland on Monday night. Though it’s not a boat, it’s not a yacht, it’s not a superyacht and it’s not even a megayacht. It’s a gigayacht and it’s the 20th largest in the world, according to the Robb Report, a chronicler of all things luxurious.

The yacht, named Rising Sun, is one of Geffen’s vacation homes. Geffen is the music and film producer behind The Eagles, Joni Mitchell, Bob Dylan and DreamWorks – the animation studio that produced, among many hits, “Shrek,” Shrek 2,” “Shrek the Third” and “Shrek Forever After.” Fifty-nine years after he launched his entertainment career, Geffen has landed himself at No. 229 on the Bloomberg Billionaires Index with a net worth of $9.14 billion.

Geffen is also pals with many celebrities, and he’s brought many of them aboard Rising Sun, including Paul McCartney, Oprah Winfrey and Julia Roberts.

Geffen’s accomplishment’s and social circle notwithstanding, all anyone could talk about in the Old Port on Tuesday afternoon was the gigayacht, itself.

“It’s friggin’ big,” said Owen Dionne, a deckhand at Portland Discovery Land Sea and Tours. Advertisement

At five stories high and 453 feet long, it’s certainly an eye-catcher. In the maritime vernacular, a yacht is generally at least 30 feet long, a superyacht is 80-100 feet long, a megayacht is 200 feet and a gigayacht stretches beyond 300 feet.

Rising Sun has a gym, a wine cellar, a spa, a movie theater and can accommodate up to 16 guests and 45 crew members, according to superyachtfan.com. It was built in 2004 by Lürssen Yachts, a German shipyard, for Oracle Corp. CEO Larry Ellison. Geffen bought it from Ellison in 2010.

This is the kind of information that Portland Discovery deckhands research to share with passengers.

who owns gigayacht

The Rising Sun, a five-story, 82-room super yacht owned by billionaire David Geffen docked in Portland on Tuesday. The yacht has a gym, a wine cellar, a spa, a movie theater and can accommodate up to 16 guests and 45 crew members. Shawn Patrick Ouellette/Staff Photographer

“They all want to know who owns them,” Dionne said. “We research how many crew they have, how much they cost to run and to own. But mostly they’re just interested in the owners, though usually they’re not really famous people, they’re just rich people.”

Yachts are a dime a dozen to Dionne and Jack Coggeshall, manager at Portland Discovery. Coggeshall has seen Rising Sun many times over the course of his 11 years at Portland Discovery. But they still agree that it’s the biggest yacht they’ve seen in Portland’s waters and it’s quite a view to take in.

“It’s just unbelievable to see a private yacht that big,” Coggeshall said. Advertisement

One tidbit Dionne and Coggeshall might not have come across is the Rising Sun’s environmental impact. The diesel engines powering the gigayacht belch an estimated 16,320 tons of carbon-dioxide-equivalent gases into the atmosphere annually, almost 800 times what the average American generates in a year, according to a New York Times report citing the journal Sustainability.

IMPRESSIVE OR NOT

The gigayacht also caught tourists’ eyes at the Eastern Promenade – though not necessarily for the same reasons.

Dave and Dianne Rhodes were sitting on a bench on Tuesday afternoon taking in the distant Rising Sun. Dave Rhodes wasn’t looking at it in admiration, though.

“The obscene amount of pure spending gobs of money on nothing … the money could be used in such a better way,” he said.

The Rhodes sailed up from Rochester, New York, on their sailboat, the Lagerhead. They spent $39,000 on their boat – not necessarily cheap, but dwarfed by the value of the Rising Sun. But even if they had all the money in the world, they’d keep the Lagerhead. Advertisement

“We’re more interested in our sailboat,” Dianne Rhodes said.

who owns gigayacht

Lobsterman Rob Rutter pauses on Portland’s Widgery Wharf after working on his boat Devocean. Rutter is ambivalent about the gigayacht bobbing in the harbor, saying it won’t affect his lobster prices one way or another.  Shawn Patrick Ouellette/Staff Photographer

Doug Sargent, a New Jersey resident, is similarly unimpressed by Rising Sun.

“It’s not interesting, it’s too blah,” Sargent said. “Buy that boat? It’s so far beyond comprehension that that’s not even one of my thoughts.”

However, Sargent said there are some upsides to a visitor like Geffen. Perhaps Geffen and his guests are spreading the wealth in the Old Port.

“I hope he’s helping the local economy,” he said.

Sargent, 79, lived in Portland until he was 13 years old and has watched the Old Port transform over the course of his life. It’s people like Geffen who have given the Old Port the money to change for the better, he said. Advertisement

Whether the arrival of the Rising Sun has positive or negative impacts on the city, lobsterman Rob Rutter is ambivalent. He’s making the same amount of money for his catch even when people like Geffen visit Portland.

“I didn’t even think that yacht being in town was going to make a story other than ‘it was here,’ ” Rutter said.

It’s not entirely clear where Rising Sun is floating while it awaits its next journey. According to Portland city spokesperson Jessica Grondin, it’s not at any of the city’s docks or moorings. Dionne, the Portland Discovery Land Sea and Tours deckhand, said it’s likely at Fore Points Marina, “a safe, deep harbor, specifically designed to host megayachts” that opened in 2019. Office Manager Lauren Whitney would neither confirm nor deny whether Rising Sun was on its docks. Its current coordinates, according to Marine Traffic, are in an area where there are no other marinas but Fore Points.

If so, Geffen would pay at least $3,624 a day for the dockage rate, according to the company’s website.

What say Geffen? Does he like coming to Portland? How long will he be here? How much is he spending on the ship? Is he spending any money in the Old Port? Where does he stand on the ongoing Hollywood writers and actors strike?

Who knows – a reporter tried but could not get in touch with him.

“This is not possible, he doesn’t take any calls,” said an unnamed receptionist at the David Geffen Foundation. “Thank you for trying.”

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EXCLUSIVE: 142m Lurssen superyacht NORD, formerly 'Project Opus', delivered

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By Katie Scott   19 February 2021

Lurssen’s 142m/466ft motor yacht NORD , formerly known as Project Opus, has successfully been delivered to her owner. She set off from the German yard this morning on her maiden voyage to Gibraltar. 

Initially known as 'Project Redwood' and then 'Project Opus', megayacht NORD was constructed at the Lurssen  Bremen shipyard and boasts no less than 20 cabins for up to 36 guests.

Officially launched in July 2020, NORD spans over six decks and is one of the largest motor yachts delivered in 2021.

who owns gigayacht

First announced in December 2015, the name NORD was exclusively revealed by YachtCharterFleet and was initially proposed to be a 139m Project. She has since been extended by an additional three metres, allowing for extra amenities onboard.

Sporting immaculate design from Italian studio Nuvolari & Lenard, who previously collaborated with Lurssen on the award-winning 88m/289ft  superyacht QUATTROELLE , the yacht's profile is particularly striking.

One of the most iconic components of her exterior is the subtle nod to the automobile industry; NORD is the first yacht to have her nameplate on the bow, much like a car grill.

who owns gigayacht

NORD showcases her capacious volume of 9,250GT by providing extensive relaxation and lounging areas, as well as indulgent social environments for unforgettable parties.

Lurssen megayacht NORD aft close-up view of superstructure

Featuring a displacement steel hull and aluminium superstructure, with teak decks, NORD has been built in compliance to Lloyds Register PYC classification society rules.

First seen on the move in October 2018, before becoming Project Opus in 2019, she joins the Top 10 of the World's longest yachts alongside 180m (592.7ft) superyacht AZZAM and 156m (511.8ft) DILBAR . 

Lurssen megayacht NORD at anchor by Lurssen shipyard, still boasting previous name Project Opus

Indicating several unique features onboard the latest Lurssen megayacht, dual helipads, on-deck swimming pools and Jacuzzis are just some key features listed for NORD.

A spacious sports and diving centre accompany storage for tenders up to 15m, and a custom hangar slides in to place within the superstructure when not in use. 

It is currently unknown whether NORD is to be available for  superyacht charters .

If you are interested in taking a Lurssen megayacht for your next charter vacation you can view and compare all Lurssen charter yachts .

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This Insane 555-Foot Gigayacht Concept Has a Retractable Deck That Opens to a Giant Sunken Pool Oasis

The lazzarini concept also has two moveable helipads and a giant garage for your supercars., rachel cormack.

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This new 115-foot superyacht has a splashy 15-foot pool on the flybridge, this new 82-foot yacht is like an elegant triplex for the high seas, this 134-foot superyacht with a glass-edged infinity pool could be yours for a cool $26.5 million.

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Sovrano

Lazzarini is a font of superyacht concepts—and yet, it still manages to keep things fresh.

The disruptive design studio, which has envisioned everything from a swan-shaped megayacht to a flying superyacht powered by blimps, has just unveiled an epic new gigayacht with a layout quite unlike anything currently on the water.

Christened Sovrano, or “sovereign” in Italian, the vessel measures an imposing 555 feet and is the king of the seas when it comes to size. In fact, Lazzarini claims Sovrano is the widest yacht in the world. The vessel is equipped with a platform on either side of the main deck that results in a beam of 108 feet.

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The two platforms can be turned into helipads, swimming pools or extra lounges, depending on what the owner desires. Each platform is also fitted with four electric winches that allow a section to be lowered to the waterline when required for seaside dining or lounging.

That’s not Sovrano’s only showstopping feature, either. The five-decker sports a covered atrium on the foredeck that opens to reveal a hidden oasis. The sunken space houses a verdant garden and swimming pool on the lower level that can be enjoyed by guests in any season on account of the cover. There are also two more pools aft.

Another highlight is the giant garage, which can store two 49-foot tenders and up to six supercars. It’s complemented by a lifting platform and two cranes at the stern that can support the loading and unloading of the various vehicles.

Sovrano

The atrium with pool and garden.  Lazzarini Design

Inside, meanwhile, Sovrano can sleep up to 50 seafarers across 20 private suites. It also offers space for up to 60 crew. That makes it more like a cruise ship than a private yacht. The living quarters can, of course, be fully customized to a client’s preferences.

As for performance, Lazzarini says the steel-hulled brute could be equipped with electric motors or a hybrid propulsion system for an estimated top speed of 18 knots or 31 knots, respectively.

The studio estimates the build will take four years to complete—at which point there’ll probably be another crazy Lazzarini design on the horizon.

Check out more photos below:

Sovrano

Lazzarini Design

Sovrano

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

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What is a gigayacht and who owns the monster yacht in Port of Fort Pierce?

The yacht is the largest to visit fort pierce and can accommodate 24 guests and 36 crew..

who owns gigayacht

It came through the Fort Pierce Inlet looking like the star of the Bravo reality TV show Below Deck Adventure .

Infinity, a nearly 400-foot-long gigayacht that features a pool and helipad, will be docked at the Port of Fort Pierce for the next month as unspecified work is performed on her at Derecktor Shipyards .

A nondisclosure agreement Derecktor signed with the yacht owner prohibits the company from discussing any information about it, according to spokesperson Justin Beard. But he did confirm it is the largest yacht ever docked at Derecktor, and added it could be the largest private yacht to ever transit the Fort Pierce Inlet.

Infinity is the 44th largest yacht in world and belongs to Harbor Freight owner Eric Smidt, according to Superyacht Times , a bimonthly industry newspaper. Smidt, 63, of Beverly Hills, California, is worth $9.7 billion — making him the 196th wealthiest person in the world, according to Forbes.

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What is a megayacht, superyacht and gigayacht?

There is no official definition that differentiates these terms, and sources don't agree. But many in the industry consider a megayacht to be any vessel over 200 feet long and a gigayacht to be over 300 feet long. Superyacht is simply the more common term in Europe for a megayacht.

The largest yacht in the world is the 590-foot-long Azzam , according to Forbes.

Here are details on the Infinity, according to the Superyacht Times :

  • Year launched: 2022
  • Builder: Oceanco
  • Builder's port: Alblasserdam, Netherlands
  • Exact length: 383 feet, 10 inches (117 meters)
  • Beam (width): 52 feet, 10 inches (16.1 meters)
  • Gross tonnage: 4,978 tons
  • Worth: $300 million
  • Hull: Steel
  • Superstructure: Aluminum
  • Power: Two MTU diesel engines total 7,700 horsepower
  • Speed: Cruise 16 knots, maximum 18 knots (21 mph)

St. Lucie County's air and seaport executive director said he doesn't know much about the work planned for the Infinity, which arrived here Monday, but it's a good sign for local businesses.

"The fact that it's here, at the Port of Fort Pierce, is a reflection of the advantages of the port that the county and community recognized when the county bought the facility in 2018," Stan Payne wrote in an email to TCPalm. "There are no obstacles (bridges, train tracks, utility wires) between the terminal and the ocean. It has a straight shot with a deep channel originally dug for larger cargo ships."

"(Infinity's) presence is also a reflection on how much progress has been made transforming a decades-old, tired cargo terminal into a modern marine repair facility for megayachts — a concept discussed for decades," he added.

Derecktor's decision to design the haul-out slip the way it did — leaving the bulkhead on the northern side of its property — is also an asset because yachts as large as Infinity can dock there.

"The terminal is busy and will get busier as the utility loop and paving project are completed so that the mobile boat hoist and the 12-plus acres of the terminal can be used to their full advantage," Payne said.

Ed Killer is a columnist for TCPalm. Contact him at [email protected] or through Facebook and Twitter .

Superyachts aren’t just for the super-rich: Hundreds of scientists have used them for ocean research

superyacht moored at marina

For almost two years, Robert Brewin collected data from the bow of a superyacht as it sailed pristine waters from the Caribbean Sea to the Antarctic Ocean. 

The  Archimedes , a 222-foot (68-meter) “adventure” yacht then owned by the late hedge funder James Simons, boasts a gym, a jacuzzi and an elevator. But between 2018 and 2020, Brewin was concerned only with the boat’s Sea-Bird Scientific Solar Tracking Aiming System, installed to measure light reflecting off of the water. A senior lecturer at the UK’s University of Exeter, Brewin and his colleagues were analyzing microplankton — microscopic organisms at the base of the marine food chain — by studying the ocean’s color. The Sea-Bird’s readouts helped them verify satellite imagery. 

Brewin’s was not your typical superyacht itinerary, but he is one of hundreds of scientists to have used an adventure yacht — also known as expedition or explorer yachts — to conduct research on the ocean. In a  paper  published in January, Brewin and his co-authors touted the potential of “harnessing superyachts” for science, concluding that “reaching out to wealthy citizen scientists may help fill [research capability] gaps.” 

It’s a view shared — and being pushed — by the Yacht Club of Monaco and the Explorers Club, a New York City-based organization focused on exploration and science (of which, full disclosure, I am a member). In March, the groups co-hosted an environmental symposium that included an  awards ceremony  for yacht owners who “stand out for their commitment to protecting the marine environment.” The  Archimedes  won a “Science & Discovery” award. 

“If a yacht is operating 365 days a year, rather than having it sit idle it’d be much better for it to contribute a positive return through science and conservation,” says Rob McCallum, an Explorers Club fellow and founder of US-based EYOS Expeditions, which runs adventure yacht voyages. 

EYOS charters yachts from private owners for its excursions, and is a founding member of Yachts for Science, a four-year-old organization that matches privately owned yachts with scientists who need time at sea. (Other members include yacht builder Arksen, media firm BOAT International, and nonprofits Nekton Foundation and Ocean Family Foundation.) Yachts for Science will enable about $1 million worth of donated yacht time this year, McCallum says, a figure he expects to hit $15 million by 2029. 

“There’s a personal satisfaction that we are contributing to something that is bigger than us,” says Tom Peterson, who co-owns an insurance underwriting company in California and has what he jokingly refers to as a “mini superyacht.” Every year for the past decade, Peterson has donated about 15 to 20 days of time and fuel on the 24-meter  Valkyrie  to scientists, who he takes out himself as a licensed captain and former scuba dive operator. He often works with the Shark Lab at California State University Long Beach, and allows researchers to stay aboard for days at a time instead of having to constantly make the 1.5-hour trip to and from shore. 

To link up with scientists, Peterson works with the International SeaKeepers Society, a Florida-based nonprofit that engages the yachting community to support ocean conservation and research. “The more we understand things about the ocean in general, the better we all are in the long run,” he says. 

When “superyacht” and “the environment” appear in the same sentence, it’s usually in a different context. In 2019,  one study estimated  that a single 71-meter superyacht has the same annual carbon footprint as about 200 cars. In 2021, another  paper  found that superyachts were the single greatest contributor to the carbon footprint of 20 of the world’s most prominent billionaires, accounting for 64% of their combined emissions.

“If you really want to respect the environment, you can just go surf,” says Grégory Salle, a senior researcher at the French National Centre for Scientific Research and author of the book  Superyachts: Luxury, Tranquility and Ecocide . Salle is open to the idea that superyachts could be used to advance scientific research, but says it’s contradictory for anyone to buy a superyacht and claim to be truly concerned about the environment.

McCallum says people who own adventure yachts tend to be younger than your standard superyacht owner, and have a particular interest in remote and pristine places. “They’re not the sort of people that are content to just hang out in the Mediterranean or the Caribbean,” he says. “Antarctica, the Arctic, the remote Indian Ocean, the remote Pacific Ocean, the Subantarctic islands… that’s where you’re going to find us delivering our services.”

Explorer yachts aren’t the only way scientists can reach those destinations, but demand for dedicated research vessels does outstrip available supply. The US National Oceanic and Atmospheric Administration (NOAA), arguably the world’s greatest collector of oceanographic data, has a fleet of  15 research and survey vessels  for the use of its scientists. Academic researchers can also apply to use the fleet, often at a subsidized rate. But scientists request roughly 15,000 to 20,000 days of boat time every year. In 2019, NOAA was able to fill just 2,300 of them, according to an internal study.

That gap is particularly problematic as the planet warms. Oceans provide services that scientists call “ existentially important ,” producing more than  half of the oxygen we breathe  and serving as the world’s  largest carbon sink . They also absorb  30% of our carbon emissions  and  90% of the excess heat generated by them .

G. Mark Miller, a retired NOAA Corps officer who was in charge of several of the agency’s research vessels, has a different solution in mind when it comes to bolstering ocean research: smaller boats, fit for purpose. Superyachts can cost north of $500 million, he says; “why don’t we build a hundred $5 million vessels and flood the ocean science community?” 

After leaving NOAA, Miller in 2021 launched Virginia-based Greenwater Marine Sciences Offshore with a vision of building a global fleet of research vessels and offering their use at affordable prices. He says hiring a NOAA boat can cost scientists between $20,000 and $100,000 per day. GMSO plans to charge less than $10,000 a day for most missions. The company says it’s close to acquiring its first three vessels.

Miller hopes his business model will help scientists conduct the work they need to — particularly in under-served regions like the Asia-Pacific — without worrying about getting a luxury yacht covered in “muddy worms, plankton goo, dead fish [and] whale snot.” He describes yacht owners donating boat time to scientists as “better than nothing,” and says it can help get regular people interested in science and exploration. 

Christopher Walsh, captain of the  Archimedes , says he and his crew love taking part in science initiatives, especially when there’s an educational component. “I get a real thrill when we can stream to the classrooms — you can’t imagine the enthusiasm the kids display,” Walsh says. “That gives me a lot of hope for the future.”

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  15. Who Owns the $400M 82-Room Gigayacht Seen in This Maine Harbor?

    The Portland Press Herald explained in part that "a yacht is typically at least 30 feet long, a superyacht is 80-100 feet long, a megayacht is 200 feet, and a gigayacht is over 300 feet long." The yacht, currently docked in Portland Harbor, is a whopping 453 feet in length, WGME reported, and is run by a crew of 45 people and features at least ...

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    The IJE is the largest yacht that Packer has owned and it falls under the category of Gigayacht because of its 100+ meter length. Powered by twin MTU 3,800 horsepower diesel engines, James Packer's superyacht boasts a cruising speed of 16 knots with a top speed of 18.5 knots. It also has a 91,000 gallon fuel tank, giving it a range of 6,500 ...

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