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[3] [4] [5] It is a three-masted sailing yacht 127 meters (417 ft) long with a navy blue hull. The superyacht is reported to have cost $500 million or more with an additional annual maintenance cost of at least $30 million.
The ship was built for Russian vodka tycoon Yuri Shefler for $330m. [4] [5] In the summer of 2014, Bill Gates leased the yacht for US$5 million per week.[6]In 2014, [7] while vacationing in the south of France, Crown Prince Mohammed bin Salman of Saudi Arabia bought the vessel from Yuri Shefler for approximately €500 million.
Puerto Rico’s government on Thursday signed a multimillion-dollar contract with a Texas-based company to build a marina for mega yachts in the capital of the U.S. territory. Currently, two docks ...
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These boats are also known as "megayachts", "gigayachts" and even "terayachts", usually depending on length. [ 1 ] [ 2 ] It has been generally accepted by naval architects and industry executives that superyachts range from 37 m (≈120 ft) to 60 m (≈200 ft), while those over 60 m are known as megayachts and boats over 90 m (≈300 ft) have ...
The U.S. has spent tens of millions of dollars over more than two years maintaining a $230 million mega-yacht it seized as part of efforts to crack down on oligarchs linked to Russian President ...
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