500 million yacht jeff bezos

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An inside look at jeff bezos’ $500 million superyacht and what it costs to keep it afloat.

Cliché but true, the second-richest man on the planet, according to Forbes , owns the tallest sailing yacht in the world . In fact, the 417-foot Koru is so big, it has its own 250-foot support vessel .

Priced at $500 million, the Koru hit the sea for the first time in 2023 and has since ferried Jeff Bezos and company around the globe. Complete with three massive 229-foot masts, it can reach a top speed under sail of 20 knots, according to the New York Post — which is approximately 23 miles per hour.

Made for a group, up to 18 guests can set sail on the yacht, allowing Bezos to bring family and friends on vacation with him. Here’s a look at the Koru’s extravagant features and how much it costs to operate his floating mansion.

Also take a look at Bezos’ mansion collection.

See More: Robert Kiyosaki: 7 Ways To Become Wealthy Beyond the 9-to-5

Read Next: 4 Genius Things All Wealthy People Do With Their Money

Wealthy people know the best money secrets. Learn how to copy them .

Key Features

As expected Bezos’ yacht is dripping with luxury. With a net worth of $203.8 billion — as of May 4, 2024, according to Forbes — he can afford to outfit the Koru with nothing but the best and he did just that.

The superyacht has three outdoor decks, with two containing swimming pools, according to the New York Post. It also features a cinema, several lounges and multiple business areas, according to Luxuo .

Highly personalized, the yacht is complete with a figurehead modeled after Bezos’ fiancée Lauren Sanchez. Even its masts are luxurious, as the Amazon founder chose in-boom furlers, which keep the canvases at the bottom of the mast above the deck, creating a pristine and spacious rope-free deck.

For You: Make Yourself Money Smart: 20 ChatGPT Prompts To Increase Your Wealth

Support Vessel

One of the most shocking features of the Koru is the fact that it requires its own support vessel. The $75 million Abeona features a helipad that Sanchez has been spotted using to park her personal helicopter, according to the New York Post.

Designed to carry extra gear, four jet skis, two fast launches and a dinghy were spotted on the Abeona during a 2023 trip to Mallorca, Spain, according to the New York Post. It’s also capable of lifting a small submarine, but Bezos isn’t believed to own one — at least not yet.

Additionally, the support ship has two extra staterooms, which can accommodate four guests. This could come in handy if Bezos wants to entertain a larger group than can fit on the Koru.

On-Board Crew

It probably isn’t a surprise that operating both the Koru and the Abeona is no small task. From staff to drive the boats and maintain them to caring for guests onboard, Bezos needs a small army at sea.

The Koru has a crew of up to 36 people, according to The New York Post. If you think that’s a lot, the Abeona requires up to 45 crew and support staff.

Annual Operating Costs

Purchasing the Koru and Abeona cost Bezos more than half a billion dollars, but his expenses didn’t end there. As you might imagine, the annual cost to maintain a superyacht and its own enormous supporting yacht is more than most people earn in a lifetime.

The Koru costs approximately $25 million in operating expenses per year, according to the Daily Mail . Much less, but still sky-high, Bezos spends around $5 to $10 million on annual maintenance costs for the Abeona, according to Super Yacht Fan ).

When their owners are on dry land, yachts have to find a parking space. However, even this doesn’t always come cheap for Bezos and the Koru.

In November 2023, the billionaire’s yacht arrived in Fort Lauderdale, Florida, but was too big to fit in the port with all the outer superyachts, according to the Daily Mail. Therefore, it had to be docked with cruise ships at Port Everglades, at a rate of $16,500 per week.

While one week of storage might be more than the average person can afford, picking up the tab for any number of weeks would clearly be no issue for Bezos. While his superyacht and the many expenses surrounding it are clearly astronomical, he’s still living well within his budget.

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This article originally appeared on GOBankingRates.com : An Inside Look at Jeff Bezos’ $500 Million Superyacht and What It Costs To Keep It Afloat

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Jeff bezos' new $80 million private jet spotted at airport in los angeles, jeff bezos here's my shiny new toy ... $80 million private jet.

Jeff Bezos is breaking in a new toy ... a shiny, $80 million private jet ... and this thing's super fast.

Jeff Bezos' brand new Gulfstream G700 parked just across the tarmac from us at Van Nuys Airport today. The $80-million jet can travel at Mach 0.935 making it the fastest jet in Gulfstream's lineup. #G700 #Gulfstream #avgeek pic.twitter.com/u9F5FQmWqE — John Schreiber (@johnschreiber) September 2, 2024 @johnschreiber

The Amazon founder's newest addition to his fleet was spotted over Labor Day weekend at Van Nuys airport in Los Angeles.

Jeff and his fiancee Lauren Sanchez were in L.A. for a double date with Kris Jenner and her partner, Corey Gamble , so it appears Sanchezos jetted into town on this Gulfstream G700.

By the way ... the double date went down at Giorgio Baldi in Santa Monica, a celeb favorite.

As for Jeff's new jet ... he bought it July and this particular model is hailed as one of the biggest, fastest and most advanced. This puppy tops out at speeds of Mach 0.925, which at 710 MPH is about 92.5% the speed of sound.

Inside, the jet is said to be "whisper quiet" and there are 5 living areas ... including a master suite with a bed, bathroom and shower ... plus a dining area, stateroom, lounge and a rest area for the crew.

Leather seats line the cabin and there are custom finishes and wood features throughout the cabin. Oh and we haven't even mentioned the onboard kitchen.

Bezos also has three other private jets ... but this one stands above the rest.

It's good to be Sanchezos.

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Old news is old news be first.

The Most Incredible Features Of Jeff Bezos' $500 Million Mega Yacht

Jeff Bezos, the second-richest man in the world, will soon be the owner of a $500 million newly-constructed mega yacht in the Netherlands. While there is not a lot of information about the super yacht, there are a few facts that can be gleaned from the ship manufacturer's website and also several media publications. However, what is confirmed is that this yacht is supposed to be 417 feet long (127 meters), have several decks, and feature three gigantic black masts (via Bloomberg ).

The ship is called the Y721 and it is reportedly made by Oceanco, a custom ship builder that produces some of the world's largest and most luxurious boats. The company is owned by Omani billionaire businessman , Mohammed Al Barwani, and is based in the Netherlands. According to the luxury magazine  Robb Report , this uber-luxurious boat is expected to be the world's largest sailing yacht when completed.

It is super-sized

As superyachts go, the Y721 is extremely large. At 417 feet, it is one of the largest sailing yachts ever built in the Netherlands, according to Time Magazine . It is so colossal that for it to sail out of the harbor to go to the ocean, it has to pass by an iconic Dutch steel bridge that has a center part that can be removed so the vessel can pass through safely. This bridge, known as De Hef (literally translated as The Lift), is a lift bridge that can raise 130 feet in the air. That still isn't high enough to accommodate the yacht's tall masts, and the process of raising the bridge so the ship can exit can't be described as simple, either. Additionally, the breadth of its sails and supports makes it unsafe for a helicopter to land on the yacht without clipping its masts, so Bezos has reportedly commissioned a support yacht with a helipad to travel alongside the titanic cruiser (via Time).

The 246-foot shadow yacht known as the YS7512 will be the base for the Amazon billionaire's helipad, but it will also feature meeting spaces, and storage for his jet skis, water toys, and snorkeling and diving gear. It can accommodate up to 45 crew and guests (via Architectural Digest ).

It is a clean, green machine

In Brad Stone's book, "Amazon Unbound: Jeff Bezos and the Invention of a Global Empire," the vessel is described as being "one of the finest sailing yachts in existence." Although this luxury cruiser will almost certainly have fineries fit for a business mogul like Bezos, it is also said to be environmentally friendly. Oceanco based the blueprint on its award-winning , sustainable Black Pearl Yacht. The company says on its website that this ship is one of the largest and most eco-friendly sailing yachts in the world, and can cross the Atlantic without burning any fossil fuel.

It features technology such as DynaRig carbon masts, solar power, and a hybrid-propulsion system. It also has a waste-heat recovery system onboard that uses thermal energy and residual heat from exhaust gas to transform into electrical energy. While the construction of the superyacht has been reported by multiple media sources, the Daily Mail reports that Oceanco has declined to comment on whether this yacht was commissioned by Jeff Bezos.

Bezos can fly to the yacht, but only with the help of a support vessel

If Bezos is on land and the superyacht isn't docked, the Amazon owner isn't going to have to row back to his vessel when he wants to get on board — he can simply take a short flight to the boat via helicopter (via Bloomberg ), though that requires him to land on a support yacht. Using a helicopter to fly to his yacht is something that would have, at one point in time, sounded very unlikely given Bezos' mixed history with whirlybirds. He actually survived a helicopter crash back in 2003 when scouting for sites to use for his spacefaring venture Blue Origin. 

Bezos was on board with the pilot and two staff members when the overloaded aircraft started to struggle after taking off. The pilot was left dodging trees and desperately trying to get the helicopter out of danger. He didn't succeed, and eventually, the tail boom collided with a tree, causing the chopper to spin. The helicopter eventually ended up in a creek, but Bezos walked away from the incident. Recalling the crash in Fortune Magazine, Bezos quipped, "I thought, what a dumb way to die."

Given the circumstances, it is unsurprising that Bezos allegedly hated helicopters for many years. However, his hatred of the transportation method had reportedly evaporated by 2018 and been replaced by enthusiasm. It was this switch in attitude that, according to the New York Post , alerted Amazon executives to Bezos' affair with helicopter pilot and owner of Black Ops Aviation Lauren Sanchez. Bezos would eventually divorce his wife and the mother of his four children, MacKenzie Scott, and make his relationship with Sanchez public.

Recommended

An Inside Look at Jeff Bezos’ $500 Million Superyacht and What It Costs To Keep It Afloat

C liché but true, the second-richest man on the planet, according to Forbes , owns the tallest sailing yacht in the world . In fact, the 417-foot Koru is so big, it has its own 250-foot support vessel .

Priced at $500 million, the Koru hit the sea for the first time in 2023 and has since ferried Jeff Bezos and company around the globe. Complete with three massive 229-foot masts, it can reach a top speed under sail of 20 knots, according to the New York Post — which is approximately 23 miles per hour.

Made for a group, up to 18 guests can set sail on the yacht, allowing Bezos to bring family and friends on vacation with him. Here’s a look at the Koru’s extravagant features and how much it costs to operate his floating mansion.

Also take a look at Bezos’ mansion collection.

See More: Robert Kiyosaki: 7 Ways To Become Wealthy Beyond the 9-to-5

Read Next: 4 Genius Things All Wealthy People Do With Their Money

Key Features

As expected Bezos’ yacht is dripping with luxury. With a net worth of $203.8 billion — as of May 4, 2024, according to Forbes — he can afford to outfit the Koru with nothing but the best and he did just that.

The superyacht has three outdoor decks, with two containing swimming pools, according to the New York Post. It also features a cinema, several lounges and multiple business areas, according to Luxuo .

Highly personalized, the yacht is complete with a figurehead modeled after Bezos’ fiancée Lauren Sanchez. Even its masts are luxurious, as the Amazon founder chose in-boom furlers, which keep the canvases at the bottom of the mast above the deck, creating a pristine and spacious rope-free deck.

For You: Make Yourself Money Smart: 20 ChatGPT Prompts To Increase Your Wealth

Support Vessel

One of the most shocking features of the Koru is the fact that it requires its own support vessel. The $75 million Abeona features a helipad that Sanchez has been spotted using to park her personal helicopter, according to the New York Post.

Designed to carry extra gear, four jet skis, two fast launches and a dinghy were spotted on the Abeona during a 2023 trip to Mallorca, Spain, according to the New York Post. It’s also capable of lifting a small submarine, but Bezos isn’t believed to own one — at least not yet.

Additionally, the support ship has two extra staterooms, which can accommodate four guests. This could come in handy if Bezos wants to entertain a larger group than can fit on the Koru.

On-Board Crew

It probably isn’t a surprise that operating both the Koru and the Abeona is no small task. From staff to drive the boats and maintain them to caring for guests onboard, Bezos needs a small army at sea.

The Koru has a crew of up to 36 people, according to The New York Post. If you think that’s a lot, the Abeona requires up to 45 crew and support staff.

Annual Operating Costs

Purchasing the Koru and Abeona cost Bezos more than half a billion dollars, but his expenses didn’t end there. As you might imagine, the annual cost to maintain a superyacht and its own enormous supporting yacht is more than most people earn in a lifetime.

The Koru costs approximately $25 million in operating expenses per year, according to the Daily Mail . Much less, but still sky-high, Bezos spends around $5 to $10 million on annual maintenance costs for the Abeona, according to Super Yacht Fan ).

When their owners are on dry land, yachts have to find a parking space. However, even this doesn’t always come cheap for Bezos and the Koru.

In November 2023, the billionaire’s yacht arrived in Fort Lauderdale, Florida, but was too big to fit in the port with all the outer superyachts, according to the Daily Mail. Therefore, it had to be docked with cruise ships at Port Everglades, at a rate of $16,500 per week.

While one week of storage might be more than the average person can afford, picking up the tab for any number of weeks would clearly be no issue for Bezos. While his superyacht and the many expenses surrounding it are clearly astronomical, he’s still living well within his budget.

More From GOBankingRates

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This article originally appeared on GOBankingRates.com : An Inside Look at Jeff Bezos’ $500 Million Superyacht and What It Costs To Keep It Afloat

Jeff Bezos' $500 Million Yacht: A Look at the World's Largest Private Vessel

Jeff Bezos, the founder of Amazon, is known for his extravagant lifestyle and love for luxury yachts. In April 2023, Bezos took delivery of his newest and largest yacht, Koru, which cost a staggering $500 million or more. At 417 feet, Koru is the world's largest sailing yacht, surpassing the previous record holder, the 106-meter Black Pearl.

Built by Oceanco in the Netherlands, Koru is a three-masted sailing yacht that features a sleek and modern design. Unlike other yachts owned by billionaires, Koru is powered by wind and sails, rather than diesel engines. It is reported that the yacht has a range of 7,000 nautical miles and can accommodate up to 36 guests and 60 crew members. The yacht is also equipped with a helipad, a swimming pool, a spa, and a gym.

The delivery of Koru has sparked controversy and criticism, with some arguing that the money spent on the yacht could have been put to better use. However, Bezos has defended his purchase, stating that he plans to use the yacht for scientific research and exploration. Regardless of the controversy, there is no denying that Koru is a stunning and impressive vessel that will undoubtedly turn heads wherever it sails.

Jeff Bezos, the founder of Amazon, has recently taken delivery of his new sailing yacht, Koru, after it completed its initial sea trials. The vessel is reportedly worth $500 million, making it one of the most expensive yachts in the world. This section will provide an overview of the yacht, the builder, and the cost.

Koru is a three-masted sailing yacht that is 417 feet long, making it the largest sailing yacht in the world. It was built by Oceanco, a Dutch shipyard that has built many superyachts for wealthy clients. The yacht has a steel hull and a superstructure made of aluminum. It is equipped with all the luxury amenities that one would expect from a yacht of this caliber, including a pool, a support vessel, and a range of water toys.

The Builder

Oceanco is a leading superyacht builder based in the Netherlands. The shipyard has built many of the world's most impressive yachts, including the Black Pearl, which is one of the largest sailing yachts in the world. Oceanco has a reputation for building high-quality yachts that are both luxurious and innovative.

Koru reportedly cost $500 million to build, which makes it one of the most expensive yachts in the world. The yacht was built in Rotterdam, the Netherlands, and was delivered to Bezos in May 2023. The cost of the yacht has been a source of controversy, with some critics arguing that it is an excessive display of wealth.

In conclusion, Koru is a stunning sailing yacht that is equipped with all the luxury amenities that one would expect from a yacht of this caliber. It was built by Oceanco, a leading superyacht builder based in the Netherlands. The yacht reportedly cost $500 million to build, making it one of the most expensive yachts in the world.

Design and Features

Jeff Bezos' yacht, Y721, boasts an impressive design and features that make it stand out from other superyachts. The yacht has been under construction at the Oceanco shipyard in Rotterdam since 2019 and is set to be delivered in 2022.

Layout and Amenities

The Y721 is a 127-meter sailing yacht that will become the largest sailing yacht in the world upon delivery. The yacht features a sleek black hull with classic lines and a uniquely designed bowsprit - a custom spar extending forward from the ship's bow to which her forestays are fastened. The yacht's layout includes six decks, with ample space for guests and crew.

The yacht's interior is designed by Nuvolari Lenard and features a contemporary style with a focus on natural light and open spaces. The yacht has several lounges, including a main salon, a sky lounge, and a beach club. The beach club is located at the stern and includes a swimming pool, a cinema, and a gym.

Support Vessel

The Y721 also comes with a support vessel, the YS7512, which is a 75-meter Damen Yacht. The support vessel is designed to carry additional equipment, such as helicopters, tenders, and water toys. The support vessel also includes accommodation for additional guests and crew.

Toys and Entertainment

The Y721 is equipped with a range of toys and entertainment options to keep guests entertained during their stay. The yacht has a variety of water toys, including jet skis, paddleboards, and kayaks. The yacht also has a submarine, which can take guests on underwater excursions.

In addition to the water toys, the yacht has a cinema and a selection of board games and books. The yacht also has a wooden sculpture on display, adding to the yacht's artistic appeal.

Overall, the Y721 is an impressive yacht with a range of features that make it stand out from other superyachts. From the spacious layout to the range of amenities and toys on offer, the yacht is sure to provide guests with a memorable experience.

Media Coverage

News coverage.

Jeff Bezos' new yacht has been the subject of much media attention since its completion. Major news outlets such as The New York Times, BBC News, and CNN have all reported on the yacht, with some referring to it as a "superyacht" and others as a "megayacht". The yacht, named Koru, is reportedly worth $500 million and is 417 feet long.

News coverage of the yacht has focused on its size, luxury, and the fact that it is owned by one of the world's wealthiest individuals. Some reports have also speculated about the yacht's environmental impact, given its size and the fact that it is a sailing yacht rather than a motor yacht.

Social Media

The yacht has also generated significant buzz on social media platforms such as Twitter and Instagram. Many users have shared photos and videos of the yacht, expressing awe at its size and opulence. Some have also criticized Bezos for spending so much money on a yacht, arguing that the funds could be put to better use elsewhere.

The yacht has also been the subject of memes and jokes on social media, with some users poking fun at its size and the fact that it reportedly requires a smaller yacht to transport its support equipment.

Overall, media coverage of Jeff Bezos' new yacht has been extensive, with both traditional news outlets and social media users weighing in on the yacht's significance. While some have praised the yacht as a symbol of personal growth and renewal for Bezos, others have criticized it as a display of excessive wealth and indulgence.

Frequently Asked Questions

What is the name of jeff bezos' yacht.

Jeff Bezos' yacht is called "Koru".

How big is Jeff Bezos' yacht?

Koru is a three-masted sailing yacht that is 127 meters (417 feet) long.

Who designed Jeff Bezos' yacht?

Koru was designed by the Dutch yacht builder, Oceanco.

What is the cost of Jeff Bezos' yacht?

The estimated cost of Koru is $500 million.

Where was Jeff Bezos' yacht built?

Koru was built in the Netherlands by Oceanco.

How many crew members are on Jeff Bezos' yacht?

It is not clear how many crew members are on Koru, but it is expected to have a large crew to maintain and operate the yacht.

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The billionaire's social calendar: The must-attend events for the world's wealthiest business icons

Billionaires are predictable — and they like to stick together.

Each year they attend a standard set of parties, festivals, and conferences.

Here's where you can find a billionaire at any time of year — and how much it will cost you to join in on the fun.

There are around 2,780 billionaires in the world , according to Forbes. That's about 0.00003% of the global population.

And despite their scarcity, these billionaires are surprisingly easy to find . After all, birds of a feather — especially those of a small brood — flock their private jets together. At the start of the year, they descend en masse on Davos. In July, they fly to Sun Valley before, every four years, making their way to the summer Olympics . In December, their yachts anchor in St. Barts.

Here's where billionaires mingle, wheel and deal, and relax, and how you can join them — for a small price, of course.

January: Davos

After billionaires shake off their New Year's Eve hangovers, many make their way to Switzerland for the World Economic Forum's annual meeting in Davos to attend lavish dinners, hit the slopes, and discuss the global problem du jour.

The official event is invite-only and costs tens of thousands per ticket. But those who want to rub shoulders with attendees — think Bill Gates, Marc Benioff, and Mark Zuckerberg — aren't completely barred from the Alpine resort.

Many of Davos' luxury hotels , like the Steigenberger Grandhotel Belvédère and AlpenGold, are closed to the public, so you'd be better off renting an apartment. Those don't come cheap, though. Local outlets reported that rentals went for 10-times their typical prices last year. One apartment with two double beds and a pull-out sofa cost nearly $27,500 to rent for the five nights of the conference.

And good luck finding food. With most of the restaurants booked up for conference events, you may be left paying $43 for a hot dog.

February: Super Bowl

NFL teams are among the most popular toys of the ultrarich : Walmart's Rob Walton has the Broncos, hedge fund manager David Tepper owns the Panthers, real estate tycoon Stanley Kroenke boasts the Rams, Jerry Jones controls the Cowboys, and so on.

So it's no surprise that a number of billionaires flock to the sport's biggest game every year, though Super Bowl weekend as a billionaire involves more than just wings and great commercials.

Host committees and travel agencies have curated luxury experiences for the richest football fans that cost six figures and include chartered jets, five-star accommodations, and access to the field after the game. Suites for this season's game in Las Vegas are going for up to $3 million on rental platform Suite Luxury Group .

There are also the private parties, known for their superstar performers — in some cases, ones particularly familiar with billionaires. Last year, DJ D-Sol, also known as Goldman Sachs CEO David Solomon, reportedly spun a set at a party attended by billionaires like Jeff Bezos and Apollo cofounder Josh Harris.

March: Hong Kong's Art Basel

Last year marked the grand reopening of Hong Kong's Art Basel after a three-year coronavirus hiatus. Wealthy Chinese carpooled together in private jets to the fair, Bloomberg reported, and spent millions adding to their collections.

In a savvy scheduling maneuver, the 2023 art fair coincided with the Wealth for Good summit. The conference, a push to get more family offices to set up in the city, counted billionaires like Yahoo cofounder Jerry Yang, Sequoia Capital China's Neil Shen, and local real estate magnate Adam Kwok as its attendees.

Artsy clocked more than a dozen seven-figure sales at the art fair, including work like George Condo's "Purple Compression" and Kazuo Shiraga's "Kisan," which sold for $4.75 million and $5 million, respectively. One of the fair's most famous sale's came in 2018, when Microsoft cofounder Paul Allen sold Willem de Kooning's "Untitled XII, 1975" for $35 million to a private collector.

April: The Masters Tournament

Forget Easter. The first signs of spring mean one thing for billionaires: golf.

Each year, the Masters Tournament kicks off the run of major professional golf championships at Augusta National. The famously exclusive club in Georgia — it didn't allow women to join until 2012 — counts a number of billionaires as members.

Pals Warren Buffett and Bill Gates, as well as Warren Stephens, David Ziff, and Stanley Druckenmiller, belong to the club, Bloomberg reported in 2015.

Each year, hundreds of private aircraft land at the airports around Augusta , according to information from the aircraft-tracking website JetSpy .

Billionaires like former Nike CEO Phil Knight, hotelier Robert Rowling, and investor Herbert Allen Jr. all had planes touch down for last year's tournament, according to the Jetspy data. So did Tiger Woods — the only billionaire winner of The Masters.

His victory means he is the proud owner of one of Augusta National's iconic green jackets, which are only allotted to members and Masters winners.

The secretive club hasn't ever spelled out its membership process, but it's invite-only, and new members can only join when existing ones leave.

You can, though, spectate alongside some of the biggest names in business. Tickets for the Masters are available through a lottery system — or for as much as $10,000 on the secondary market.

May: The Cannes Film Festival

Summer starts early for billionaires, who dock their yachts for the Cannes Film Festival at the end of May. While the event is technically reserved for industry professionals, per its website, the super-rich can, of course, pay to play. For them, the fete is as much an opportunity to get a first look at Oscar winners as it is an opportunity to mingle with stars on the Croisette.

It was one of the first stops on Jeff Bezos' 2023 grand debut tour of his $500 million superyacht Koru , which he disembarked to hit up the Vanity Fair party at the Hotel du Cap-Eden-Roc, a favorite venue of the very wealthy and those who court them. Other guests included A-listers Robert de Niro, Naomi Campbell, and Pedro Almodovar. In years past, the likes of David Geffen and Len Blavatnik have turned up at the same event.

Billionaires like François-Henri Pinault and the late Paul Allen have hosted their own parties at the film festival: The former throws the Kering Women in Motion Dinner each year, while the latter was known for his themed yacht parties .

Notably missing from the French Riviera this year? The yachts of Russian Oligarchs .

June: The Royal Ascot

While a number of billionaires spend June in the Hamptons or crisscrossing the Mediterranean , some prefer to spend it on dryer land. The headline billionaires at the Royal Ascot — an annual horse race held about 25 miles outside London — are, unsurprisingly, the members of the British royal family.

But many other members of the three comma club, and their hats, are in attendance. The rich crowd is different from the one at a typical F1 Grand Prix , and some billionaire horse owners — like Chanel's Alain and Gerard Wertheimer; the shipping scions of the Niarchos family; Tetra Pak heiress Kirsten Rausing; and construction magnate Anthony Bamford — have even had skin in the game .

For over 200 years, the Royal Ascot has been open to the public — about 300,000 people attend the five-day event — but don't expect to get anywhere near the rich and famous. Joining the Royal Enclosure requires a special application process, including having two sponsors. Plus, there's a strict dress code — no spaghetti straps or bow ties allowed — and kids under 10 years old are not allowed.

July: Allen & Company Sun Valley Conference

Every July, private jets descend on the small town of Hailey, Idaho, for the summer counterpart to Davos: the Allen & Company Sun Valley Conference — also known as billionaire summer camp.

Since 1983, boutique investment bank Allen & Co — its president, Herbert Allen, is a billionaire himself — has hosted the event, which attracts the biggest and richest names in business, including Bill Gates, Mark Zuckerberg, Warren Buffett, and Rupert Murdoch.

Private planes touch down in the small town of Sun Valley for the conference, which has become known for the deals struck in between rounds of golf, guided hikes, whitewater rafting, and tennis matches. It's where Jeff Bezos snagged The Washington Post for $250 million in 2013 and where the seed for Disney's $19 billion acquisition of ABC was planted in 1995.

This year's hot topics included the planned sale of Paramount to Skydance — with Shari Redstone making a grand entrance — artificial intelligence, and the 2024 election.

The vacation-cum-business-meeting is invite-only and pretty much restricted to masters of the universe dressed in vests and quarter-zips — as well as their entourages. Security is strict, with even the press walled off from most of the wheeling and dealing.

But when the conference is not in session, you, too, can stay at the Sun Valley Lodge , the homebase of the retreat that offers a year-round ice skating rink, luxe spa, and pool with a view of the mountains. The most basic rooms cost upwards of $500 a night over the summer, and suites go for upwards of $1,500. But don't feel too bad for the billionaires, Allen & Co foots the bill.

August: Burning Man

On its face, Burning Man — the anticapitalist art and music festival in the Nevada desert — doesn't really seem like an event for billionaires. But the richest people in the world don't seem to care about whether or not they're wanted.

Since the 1990s, attending Burning Man has become a sort of status symbol of the tech elite. Google founders Sergey Brin and Larry Page are longtime Burners — the festival inspired the very first Google Doodle — as is Eric Schmidt, who they chose to be Google's CEO.

Facebook cofounders Dustin Moskowitz and Mark Zuckerberg, and Uber cofounder Garrett Camp have also attended. Even Ray Dalio, the billionaire hedge fund manager, wanted to see what all the hype was about, sporting some psychedelic bell bottoms and joining the party in 2019.

While ticket sales were down this year — the event did not sell out for the first time since 2011 — the uber-rich are still attending. Hundreds of private planes descended onto Black Rock City's temporary runway during the first days of the festival. The starting price to charter a plane through Burner Express Air is $9,000, one way.

The experiences of many celebrities and billionaires on the Playa lean less into the "decommodification" and "leave no trace" principles of the festival and more into the "immediacy" one — as in instant gratification. They travel around in tricked-out art cars (basically fancy golf carts) and forego rustic tents for more fancy camps, complete with furniture, air conditioning, and personal chefs who charge six figures for their services.

All of this may be why there was a hefty dose of schadenfreude when Burning Man went underwater , quite literally.

September: The Monaco Yacht Show

There are yachts, and then there are the superyachts — and those are aplenty at the Monaco Yacht Show in Monte Carlo, where billionaires gather at the end of the summer to scope out their new toys. (There are also, technically, megayachts, but for plebeian purposes, they are one and the same.)

The 100-plus boats on display have an average length of 165 feet, and feature elevators, bars, spas, pools, gyms, hot tubs, and helipads — sometimes more than one. Jet skis and submersibles are popular add-ons.

In the past, yachts owned by billionaires like Paul Allen, Steve Wynn, and Pier Luigi Loro Piana have been exhibited at the show — with some available for sale or to charter. The event also used to be a favorite of opulent Russian oligarchs, though sanctions have prevented them from attending for the past couple of years.

This year's show includes the 73-meter yacht Planet Nine, which was featured in Christopher Nolan's "Tenet" and is on sale for nearly $86 million. Making her debut is Kismet, the yacht owned by the billionaire Shahid Khan, the owner of the Jacksonville Jaguars. She is available to charter for a starting price of $3.36 million a week.

If you're looking to peruse boats that you can't afford — or maybe meet a billionaire who will invite you on theirs — you're in luck: The Monaco Yacht Show is open to the public for the small price of 600 Euros, or $640, a day.

October: The Frieze Art Fair

The Frieze Art Fair, held annually in London, draws the rich — and the staff of the rich — from around the world looking to add very expensive contemporary art to their collections. (For those who prefer pre 21st century art, there's the nearby Frieze Masters.)

In years past, collectors like Point72's Steve Cohen , Diamond titan Laurence Graff, and the wife of hedge fund legend Louis Bacon, Gabrielle, have all been spotted. While exactly which works these patrons have bought tend to be kept under wraps, pieces go for millions of dollars each year.

While anyone can buy tickets to the fair itself — this year for as low as £46, or $57 — the fetes surrounding Frieze Week are a more surefire place to spot a billionaire — or their younger, edgier heirs. A look at party snaps from the last few years show Gordon Getty's granddaughter Ivy Getty, Cohen's daughter Sophia, and Roger Penske's granddaughter Sophia mingling with art-world celebrities, and possibly looking for some six-figure works of art to add to their starter collections.

November: Le Bal des Débutantes

Le Bal des Débutantes continues the centuries-long tradition of rich, famous women reminding society that they are, well, rich and famous.

The ball is invite-only, and no one, not even billionaires, can buy their way in — at least that's what Ophélie Renouard, the founder of the ball's current iteration, told Insider. Renouard handpicks the cohort of about 20 women each year, who go to Paris for a weekend of photoshoots, makeup and hair appointments, and traditional waltzes.

Past debutantes have included royalty like Princess Hélène of Orléans and Princess Akshita Bhanj Deo; children of Hollywood elite like Forest Whitaker's daughters Autumn and True, and Reese Witherspoon and Ryan Phillipe's daughter Ava; and, of course, the heiresses of billion dollar fortunes like Araminta Mellon, Kayla Rockefeller, Laila Blavatnik, and Amanda Hearst, usually with their very wealthy and very powerful parents in tow.

As is often the case for the rich — and rich nepo babies, in particular — things come free: The weekend's dance lessons, couture gowns, glam squads, and jewels are paid for by sponsors.

December: New Year in St. Barts

Billionaires ring in the New Year seemingly anywhere but at home. And while Aspen and Maldives are popular choices for the wintering elite, there is perhaps nowhere with more billionaires-per-square foot during the holidays than St. Barts.

In years past, the Caribbean island, formally Saint-Barthélemy, has attracted yachts owned by the likes of David Geffen, Barry Diller and Diane von Furstenberg, and Bernard Arnault for year-end festivities.

Unfortunately for the poor rich, one of the most infamous St. Barts New Year's parties will be canceled this year. Roman Abramovich — the former Chelsea FC owner, sanctioned Russian billionaire, and unlikely hero of St. Barts — will not be hosting his multi-million dollar extravaganza, which has featured performances from Prince and Beyoncé; millions worth of food and alcohol; and guests like Orlando Bloom and Rupert Murdoch.

Guess they'll have to buy tickets to Nikki Beach's party like the rest of us.

Read the original article on Business Insider

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Jeff Bezos' $500 million megayacht sets sail for its first sea trials — watch video of the 417-foot vessel hitting open water

• Jeff Bezos' new $500 million megayacht hit the open water this week to undergo tests.
• Sea trials are usually one of the last phases of construction, bringing the yacht one step closer to full sail.
• The yacht previously caused uproar for nearly requiring that a historic bridge be dismantled for it to pass.

After drawing the ire of locals for nearly requiring the dismantling of a historic bridge, Jeff Bezos' new megayacht has hit the open water. 

The vessel, estimated to cost $500 million, underwent its first day of sea trials in Europe this week, according to yacht fan club Dutch Yachting, which posted a video of the yacht on Monday. Sea trials consist of several tests and are usually one of the last phases of construction, meaning the Amazon founder's yacht is one step closer to full sail.

The boat's sea trials come after a turbulent year for the megayacht, which was built in the Netherlands. Last year, the Dutch company building it, Oceanco, requested that a historic bridge in Rotterdam be dismantled for the yacht to pass because the vessel's three masts were too tall to pass under the bridge, which has a 131-foot clearance.

The yacht, called Koru, measures 417 feet long and is expected to be the biggest sailing yacht in the world once finished.

The bridge in question was the Koningshaven Bridge, colloquially known as "De Hef," which is nearly 100 years old. After it was renovated in 2017, the city vowed not to take it apart again, according to Dutch broadcaster Rijnmond .

The ask didn't go over well. It caused so much public outcry, in fact, that more than 1,000 residents threatened to throw eggs at the yacht if the dismantling came to fruition. Oceanco later withdrew its request to dismantle the bridge , and the yacht was quietly towed under cover of night to another shipyard.

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During that voyage, the yacht was towed without its masts, which would be installed later, and it avoided going through the city center and past the Koningshaven Bridge, according to German magazine Der Spiegel .

Watch the latest video of Bezos' yacht here: 

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Breaking news, jeff bezos’ massive new $500m superyacht — complete with helipad and pool — spotted in north sea.

Hoist up the Jeff B sails.

Amazon honcho Jeff Bezos’ $500 million superyacht Koru, codenamed Y721, is finally seaworthy — spotted in the North Sea after leaving Rotterdam on Feb. 13,  footage posted by the organization Dutch Yachting  shows.

The massive, 417-foot vessel’s test run came months after it was originally set to be delivered to the 59-year-old billionaire. 

It requires a 250-foot support vessel that houses a helicopter landing pad for the Blue Origin founder.

Bezos’ mega boat created controversy last year after a report that Dutch officials would  have to dismantle  the historic Koningshaven Bridge because the 130-foot steel structure wouldn’t allow the vessel and its 229-foot masts to pass through.

Following an uproar from residents, local leaders decided the plan was a bridge too far — and the boat was towed from its construction location to another shipyard in a nearby town without its masts,  according to Jalopnik .

The uproar likely played a big part in how and when it would float away.

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Citizens of Rotterdam reportedly swore in February that, should Bezos’ superyacht traverse the De Hef bridge, they would pelt it with eggs in protest . 

And when it finally came time to move the vessel out of its Dutch shipbuilding yard, the decision was made to tow it away under cover of darkness, the Cut reported.

Koru costs about $25 million a year to run. The pleasure boat can accommodate 18 guests — and requires a crew of 40 sailors.

It is far from the world’s most expensive yacht. That dubious honor is reserved for the $4.8 billion History Supreme — a gold- and platinum-plated vessel featuring a Tyrannosaurus rex bone wall made of meteoric stone. It was bought in 2011 by an anonymous Malaysian businessman,  according to the Richest .

Yet the half-billion-dollar price tag is a relative drop in the ocean for the Amazon founder, whose net worth was valued at  $181 billion  by Forbes.

Koru will join a fleet of superyachts , helicopters and planes already owned by the entrepreneur and his millionaire girlfriend, Lauren Sanchez.

The aluminum and steel schooner reportedly boasts three decks, including one with a swimming pool. 

The smaller, 250-foot support vessel that will sit alongside the mammoth one will include a helicopter landing pad for Bezos or his celebrity guests. This smaller yacht is also expected to be loaded with an array of toys including luxury cars, jet skis, speedboats, and perhaps even a personal submarine, the Daily Mail has reported .

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Jeff Bezos’s $500 Million Megayacht Was Spotted Undergoing Test Trials in the North Sea

The amazon founder's y721 koru from oceanco has finally hit the high seas., louisa ballhaus, louisa ballhaus's most recent stories.

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Jeff Bezos has a new toy in the works, and it looks like he’s making sure it’ll be ready for summertime travels.

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Bezos ran into some trouble earlier this year when it came out that the Koningshaven Bridge in the Netherlands might have to be dismantled to let Y721 Koru pass through, as the megayacht’s 229-foot masts exceeded the bridge’s 131-foot clearance. City officials briefly agreed to disassemble the bridge but then decided against it in the face of public backlash, according to The New York Times. That negative reaction included a threat from residents to show up and pelt rotten eggs at the $500 million behemoth.

Oceanco, the company that built Y721 Koru, ultimately decided against applying for the permit that would be required for dismantling Koningshaven Bridge, and the boat was instead quietly towed to another shipyard without its mast.

Bezos’s completed yacht will be accompanied by a 246-foot-long “shadow yacht” called YS7512, Damen Yacht’s largest-ever support vessel. It will fit 45 people onboard, feature a helicopter hangar and storage for Jet Skis and other water toys and is reportedly called Abeona , according to Boat International .

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Jeff Bezos and Lauren Sánchez Soak Up the Sun During Outing on Rumored $500M Yacht

The Amazon founder and the Emmy-award-winning journalist were photographed sailing together in Spain

Abigail Adams is a Human Interest Writer and Reporter for PEOPLE. She has been working in journalism for seven years.

Jeff Bezos and Lauren Sánchez are enjoying yacht life together.

The Amazon founder, 59, and the Emmy-award-winning journalist and helicopter pilot, 53, were photographed in Spain on Monday, sailing around Mallorca aboard his rumored $500 million yacht .

Bezos sported a pair of light blue swim shorts and a jacket while Sánchez wore a a pink bikini and a cover-up.

The luxury 417-foot-long yacht , named Koru, is believed to be the largest sailing yacht in the world, featuring three towering masts , several decks (including one with a pool), and a supporting 250-foot-long yacht with a helipad, according to Boat International.

Although Oceanco, a Netherlands-based custom yacht builder has refused to confirm the owner of the vessel, it was reportedly due to be completed and delivered to Bezos earlier this year, per the outlet — and it was spotted at sea for the first time in March, after leaving the port of Rotterdam, Netherlands, in February.

Bezos reportedly first began eyeing the yacht in May 2021 , when it was known as Project 271.

The vessel previously made headlines last year when it was reported that the city of Rotterdam had agreed to temporarily dismantle part of the historic Koningshaven Bridge in order to accommodate the yacht, a city spokeswoman told The Washington Post at the time. (Bezos purchased the Post in 2013, but newspaper staff has said they have editorial independence .)

However, following an uproar, city officials reversed their decision .

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This is just the latest outing for Bezos and Sánchez, who have been dating since 2019. Earlier this month, the pair were spotted together at the F1 Miami Grand Prix and they also attended Coachella together in April. At the music festival they were seen dancing and being affectionate with one another during Bad Bunny 's set.

RELATED VIDEO: Lauren Sánchez Shares Sweet Selfies with Partner Jeff Bezos for Valentine's Day 2023: 'My Heart Is Full'

Earlier this year, Sánchez paid tribute to her partner on Valentine's Day with a series of sweet selfies and a special message on Instagram.

"My heart is full ❤️🤍," the award-winning journalist said in the caption of her post.

Sánchez also shared a special birthday message for the billionaire in January, in which she thanked him "for being the most loving and supportive partner."

"Happy birthday to the man of my dreams, who lights up my world with his laughter and kind heart. You have shown me that no great love is not bravely fought for," Sánchez wrote in the caption.

"I am so grateful for the memories we have made and the adventures yet to come," she added. "Here's to many more birthdays filled with love and laughter."

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Jeff Bezos' $500-Million Yacht Hits the Open Ocean for the First Time

Once it's ready, this 417-foot boat will be the largest sailing vessel in the world..

Jeff Bezos’ giant 417-foot long sailing yacht stretched its legs on the open ocean this week, still completely free of a coating of eggs Rotterdam residents once promised the world’s largest sailing vessel.

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Yacht builders Oceanco referred to the $500-million sailing yacht by its internal serial name — Y721 — during its yearslong development and manufacturing process. The vessel can now be called by the name granted to it by its mega-rich owner: the Koru. A Koru is a Māori symbol representing the spiral of an unfurling fern frond.

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“Its circular shape conveys the idea of perpetual movement, and its inward coil suggests a return to the point of origin. The koru therefore symbolises the way in which life both changes and stays the same,” according to a definition from the government of New Zealand .

Once delivered to Amazon mogul Jeff Bezos, the Koru will be the largest sailing vessel in the world. It’s currently undergoing open-seas testing phase, which is consider one of the final steps before delivery. The big boat enthusiast YouTube channel Dutch Yachting published footage of the testing earlier this week:

Koru had a controversial start in life after Oceanco petitioned the Rotterdam government for the ability to dismantle a historic bridge in order to get the yacht to open water. The city council in Rotterdam vowed never allow another dismantling of the Koningshavenbrug bridge, however, after it came down for a during renovations in 2017. Known locally as De Hef, the bridge was heavily damaged by Nazi shelling in WWII but managed to survive. It became a symbol for local resistance against the invading forces.

When news spread that the bridge might need to be dismantled, angry Dutch people responded by vowing to launch eggs at the yacht as it passed through town. The nearly 3,000 people who signed up for the dairy aisle hi jinx needn’t have worried, however; the Rotterdam city council denied Oceanco’s petition and the boat was moved to a different shipyard with without its masts early in the morning.

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Jeff Bezos' teure Hobbys: Von Super-Yacht bis Luxus-Privat-Jet

Jeff bezos‘ teure hobbys: von der super-yacht bis zum neuesten privat-jet.

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Amazon-Gründer Jeff Bezos besitzt teure Immobilien, Flugzeuge und eine Megayacht.

Zu seinen jüngsten Erwerbungen gehören Villen auf einer Insel in Florida und der neueste Gulfstream-Jet.

Hier ist eine Übersicht über die teuersten Spielzeuge von Bezos.

Jeff Bezos ist einer der reichsten Menschen der Welt geworden, daher ist es keine Überraschung, dass er viele teure Spielzeuge gekauft hat – von einer Megayacht bis hin zu Häusern auf einer Privatinsel in Florida.

Bezos hat ein Vermögen von 192,3 Milliarden US-Dollar (rund 173 Milliarden Euro) und ist derzeit die zweitreichste Person der Welt, laut „ Forbes „.

Bezos investiert in andere Geschäftsbereiche

Bezos hat einen Teil des Geldes, das er seit der Gründung von Amazon im Jahr 1994 verdient hat, in andere Geschäftsbereiche investiert. So gründete er zum Beispiel im Jahr 2000 das Raketen- und Raumfahrtunternehmen Blue Origin. Und im Jahr 2013 erwarb er die Washington Post.

In diesem Jahr verkaufte er auch einige seiner Amazon-Aktien, um Day 1 Academies zu finanzieren, eine Kette von gemeinnützigen Vorschulen, die er gegründet hat.

Bezos gibt Hunderte Millionen für Flugzeuge, Yachten und Immobilien aus

Aber Bezos hat auch Hunderte von Millionen für Flugzeuge, eine Yacht, Häuser und andere Immobilien ausgegeben. Ein Vertreter von Bezos hat eine Anfrage um Stellungnahme von Business Insider nicht beantwortet.

Hier ist ein Blick auf die von Bezos besessenen Flugzeuge, Yachten und Häuser, von denen wir wissen:

Eine der neuesten Anschaffungen von Bezos scheint eine Gulfstream G700 zu sein

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Die Gulfstream wäre der vierte Jet von Bezos

Bezos hat auch eine Super-Yacht.

Bezos hat kürzlich drei Villen auf einer exklusiven Insel vor Miami gekauft

Er besitzt auch Immobilien in der Hauptstadt des Landes

Die Villen sind nur ein Teil des umfangreichen Immobilienbesitzes von Bezos

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$500m price tag and bronze statue similar to his girlfriend: What we know about Jeff Bezos’s wild superyacht

‘koru’ superyacht comes complete with figurehead that looks similar to amazon founder’s girlfriend. meredith clark writes.

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Jeff Bezos and his girlfriend Lauren Sanchez have been spotted relaxing on the Amazon founder’s new superyacht, which is reportedly worth almost $500m.

The 59-year-old billionaire was photographed aboard the 417-foot-long vessel as it set sail along the coast of Spain on Monday, 15 May.

The couple’s maiden voyage comes nearly five years after the vessel was first commissioned in 2018 for half a billion dollars. The yacht – named the Koru after the Maori word for “new beginnings” – comes complete with three decks and a pool.

In photos obtained by the Daily Mail , Bezos was seen shirtless on the megayacht’s sundeck, while Sanchez was dressed in a pink bikini and white cover-up as the pair enjoyed the sunshine.

Bezos reportedly arrived to his yacht via helicopter, making use of the vessel’s helipad, after being flown to Mallorca on a private jet.

The 250-foot tall boat even came equipped with a figurehead that bore a striking resemblance to Bezo’s 53-year-old girlfriend. The polished wooden sculpture, which sits at the prow of the yacht, depicts a woman carved in the style of a Roman goddess, complete with long hair and a flowing gown.

Koru, previously known as Y721, is the tallest sailing yacht in the world with three masts measuring more than 230 feet, according to Boat International . It reportedly cost Bezos $485m.

The boat’s exterior has a classic design of a black hull with a white superstructure. Although the brand-new vessel doesn’t come with a helipad, the Amazon founder reportedly purchased a support yacht, worth $75m specifically to land his helicopter.

The Koru was constructed by Dutch yacht maker Oceano near Rotterdam in the Netherlands. It caused quite a scandal in February 2022 when the vessel nearly required the historic Koningshaven Bridge to be dismantled because its masts were too tall to pass under the bridge.

Indeed, the vessel is officially the tallest yacht in the world, standing at more than 230ft (70m), and is the length of four blue whales at 416ft (127m) - one of just four yachst in the world to boast a length of greater than 100m.

When Oceanco requested the city of Rotterdam dismantle the 100-year-old bridge – known to locals as “De Hef” – outraged citizens planned to throw rotten eggs at the superyacht. The yacht maker rescinded its request and ultimately hauled the 417-foot vessel to a separate shipyard to install the masts.

The clever design of the three masts, which see the yacht powered by kinetic energy, mean Bezos does not need an entire crew to staff the vessel - instead the Koru can be manned by one person (although no doubt the billionaire will have staff on hand for more of his voyages).

Guests visiting Bezos aboard his new superyacht are able to arrive via helicopter thanks to the vessel’s helipad, while other transport on board includes a fleet of cars, jetskis and smaller speedboats.

The yacht reportedly costs $25m a year to maintain, according to Page Six , but Bezos has more than enough money to cover the maintenance – his net worth is an estimated $141bn.

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Has the World Finally Had a Glimpse of Jeff Bezos’s $500 Million Mega-Yacht?

Amazon founder Jeff Bezos is appears to be getting closer to welcoming the superyacht he reportedly commissioned in 2018: a fancy toy fitting for the world’s second-richest person, given that it costs a reported $500 million and breaks one world record after another.

Called Y721, this vessel of all vessels is being custom designed by Dutch builder Oceanco and was spotted at a shipyard last week in Zwijndrecht, a town in the western Netherlands. It’s reportedly heading to another Netherlands town, Alblasserdam, for a final fitting. With a length of 417 feet, Y721 is the biggest sailing yacht in the world and the longest vessel to be built in the Netherlands. Features include a black hull, classic shape, three large decks, and three masts.

Superyacht Bravo Eugenia , belonging to the U.S. billionaire Jerry Jones, owner of the Dallas Cowboys, was built by Oceanco, which is also rumored to be behind Bezos’s new massive vessel.

Y721 is going to totally change the world of yachting with its design and innovation, says Fernando Nicholson, a luxury yacht sales broker with the yachting company Camper & Nicholsons. “It’s a boat with the latest technology and bells and whistles that have never been seen,” he says. “This will be the standard for all superyachts to follow, but in years to come, when its features become more affordable. Right now, only someone with Bezos’s wealth can swing the cost.”

The superyacht is said to be modeled after Oceanco’s famous yacht, the Black Pearl , which the company site says , “is one of the largest and most ecological sailing yachts in the world. She can cross the Atlantic without burning even a liter of fossil fuel.” Y721 will go through sea trails following its fitting-out in Alblasserdam and is expected to be ready sometime next year.

The Flying Fox , allegedly owned by Bezos.

However, it’s only one of two new boats for Bezos: He has also commissioned a shadow vessel called YS 7512 from builder Damen Yachts. This support ship measures 246 feet in length and accommodates 45 additional crew and guests. It will also feature a helipad and meeting space and have a vast amount of storage for Bezos’s endless number of water toys, with diving and snorkeling gear, jet and water skis, waterslides, and surfboards among the bunch. Shadow vessels are a growing phenomenon in the superyacht industry and one more extra toy that their owners want to have at the ready, says Nicholson. “You see them more and more now as an add-on to a superyacht purchase,” he says. “They’ve almost become a must.”

There’s no doubt that Bezos will be sailing the high seas in full panache and style come 2022. But really, is there any other way when you have more money than almost anyone else in the world and attract an endless amount of attention too?

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Jeff Bezos’s New Yacht Comes With Its Own Yacht?

Another day, another reason that we must simply eat the rich. Construction is almost complete on the $500 million superyacht purchased by Amazon Daddy and Lizzo superfan Jeff Bezos. The 417-foot-long monstrosity, which Bezos bought two years ago, is among the biggest ever built in the Netherlands, the unofficial big-boat-building capital of the world.

What does a yacht longer than a football field come with? Multiple decks, an “ ambient cinema,” and its own support yacht. Yes, the yacht comes with its own yacht.

Project Y721 — the big boat’s temporary name — also has its own helipad. This is apropos given the rumors that Bezos’s sudden interest in helicopters may be what exposed his affair with now-girlfriend and famously “alive girl” Lauren Sanchez.

On top of the half-a-billion-dollar price tag, operating costs for the yacht will average about $60 million a year, per Bloomberg . To put that into context, for someone who makes $68,700 a year, the current median income in the U.S., that’d be like paying $23 in yearly operating costs. A pittance for the literal richest man on the planet.

Bezos isn’t the only rich person continuing to do rich-person things amid a struggling global economy. As Bloomberg reports, the yacht industry is among the few markets that thrived despite the spread of coronavirus. This shouldn’t come as any surprise, given the pandemic made the rich even richer . Bezos, for example, saw his wealth increase by 57 percent, per CBS News . Between March 18, 2020, and March, 18 2021, Bezos’s worth grew from $113 billion to $178 billion. Last year, the median income among Amazon employees was $29,007, per Business Insider .

Perhaps this purchase is Bezos in full post-divorce crisis mode. (He did buy the yacht the same year he and MacKenzie Scott announced they would be splitting.) While Scott recently remarried , Bezos continues to surround himself with the biggest, dumbest things money can buy. If anything, this all just further proof that the only good boats are the ones that get stuck .

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