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For aspiring yacht owners looking for a luxury yacht for sale, we have put together a fine selection of luxury yachts and megayachts for sale from all over the world. Search BOAT International's collection of superyachts for sale and filter by type, length, asking price or age. Narrow the results by selecting specific features, or browse by speed, designer and much more.

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Search for everything from motor yachts for sale from renowned Dutch yards including Feadship and Heesen , premium Italian names including Azimut , Sanlorenzo and Benetti , popular British builders Sunseeker and Princess , and American megayachts for sale from US yards such as Westport .

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The Moran fleet contains some of the world’s best superyachts for sale. From chic vessels like the UTOPIA IV to large mega yachts like the 95m MADSUMMER, we have something to suit every new owner. We pride ourselves on our expert, up-to-the-minute knowledge of the luxury yacht sales market, and with an enviable fleet, you can be assured that our yacht brokerage team will find the perfect yacht for you at the best possible price.

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How Much Does It Cost To Buy A Yacht?

By Rob Bowman | Posted On Aug 09, 2021 Updated On Dec 12, 2023

If you're new to owning a boat and want to experience the luxury lifestyle, buying a yacht is the perfect way to indulge yourself while also creating unforgettable memories on the water. From anchoring at a secluded island in the Caribbean to cruising the coastline enjoying the fall colors, yacht ownership opens up limitless possibilities to explore the beauty of Mother Nature. It can also create quite the adrenaline rush if a sportfishing boat is more your style. There are many benefits to hiring a professional yacht broker when you plan on buying your first yacht including having someone on your side when evaluating the right price, for the right vessel.

So how much does it cost to buy a yacht on average? In 2021, the average selling price of a yacht is approximately $640,000, with prices ranging from $300,000 to over $15,000,000. This average selling price represents all pre-owned boats from 40-feet to 100-feet, power (not sail), and sold in the Southeastern United States, including the large Florida market. The data collected for this sales price was from the boating industry's MLS system.

This 50-foot flybridge yacht (seen below) was sold around the average selling price mentioned above and is a good example of what you can expect when spending over $500k . It features several bedrooms for overnight trips, a galley, a nice flybridge seating area, and a lot of comforts you would find at home.

50-foot flybridge yacht sold

A yacht can mean vastly different things to different people depending on their style of boating, where they live, what they plan to do on the boat, and the amount of equipment they choose. A 50-foot yacht can vary in price by several hundred thousand dollars depending on how new it is, its engines, brand, and amenities. Having a conversation about your needs and budget with a professional yacht broker can answer all of these questions and take the guesswork out of your search. 

While the average price of a yacht sold in the Southeast this year is $640,000, buyers can find yachts for less if they are willing to go a bit older and/or a bit smaller.

  • According to the list of 2021 sold boats, the average selling price for yachts between 40 and 50 feet was $329,000.
  • Yachts under 40 feet are generally called cruising boats and can still feature a lot of the same amenities found on larger vessels.
  • How much does a small yacht cost? Examples of active boats on the market right now show a sizeable difference in price depending on the length and year. For example, a 2021 40-foot Intrepid boat is listed for over $800,000 , while a 2011 Intrepid 40 is listed for under $400,000 .

(Seen below: This Cabo 40 would be considered a smaller yacht and is listed for under $375,000.)

40-foot cabo yacht for sale

The larger, newer, and more extravagant yachts can cost $5 million and higher. Forbes.com identifies a superyacht as a vessel ranging from "79 feet to more than 590 feet in length." The average selling price in 2021 for yachts over 100-feet, according to the industry MLS database, came in at just under $1 million. Of course, there were several superyachts that were between $10 million and $50 million on the list.

A prime example of a superyacht would be " ANTITHESIS ", a Horizon Yachts 136 that had an asking price of $7,990,000 at the time of sale. This superyacht featured 5 luxury staterooms, a pilothouse with full electronics suite, a jacuzzi, sauna, 2 water-makers, 2 generators, and a lot more top-end equipment. Yacht owners looking to cruise long distances or possibly turn the vessel into a yacht charter business would be interested in a boat of this stature.

( Seen below: This Horizon 136 required massive engines that gave it a range of over 1,400 nautical miles. )

horizon motor yacht

The cost of a yacht is not the only cost to consider. Purchasing your new boat is the largest upfront expense, however, there are also the costs of owning a yacht that need to be considered. This is again where hiring an experienced, professional yacht broker can really pay dividends and take a lot of the stress out of the process. Things like insurance, storage, routine maintenance, captain and crew salaries, all need to be factored in to your expectations. We dive into this a bit more in our articles Why Are Boats So Expensive? and What Should I Spend On A Yacht?

Despite the potentially high cost of yacht ownership, it is still an excellent investment in your well-being and will bring countless joyful memories. There is no other recreation in the world that brings families and friends together, while enjoying the wonders of the ocean.

( Seen below: CHIMERA is a 60-foot Hinckley sailing yacht listed for over $1 million. )

While the purchase of sailboats still account for less than 10% of all boats sold, sailing is still a popular past-time which has some very passionate enthusiasts. According to Trade Only Today , in 2019 and 2020 there were more than 1,100 sailboats sold in the United States. As you begin to figure out exactly what type of boating you want to enjoy, as well to learn the advantages and disadvantages of different boat types, you can begin to narrow down the selection process.

Below is the average cost to purchase a small yacht broken out by type :

  • Sailboats Over 40': $193,000
  • Sailing Catamarans - All Sizes: $361,000
  • Power Catamarans - All Sizes: $304,247
  • Downeast Yachts - Over 35': $532,240
  • Sport Fishing Yachts - Over 40' and in Southeast: $815,500

With so many factors to determine how much it costs to buy a yacht and maintain it, it is in the best interest of boat buyers of this magnitude to speak with a certified professional yacht broker. "Pricing a yacht in this market can be a difficult thing," said Brian T. Franc , CPYB and manager of United's Emerald Coast Division. "Pre-owned prices are definitely inflated due to lack of inventory, but there are still some great opportunities if you are fast and have someone watching the market daily on your behalf. As someone who has been in the yacht brokerage industry for almost 30 years, I can tell you that working with a professional makes a difference. We can tell almost immediately whether a boat is over-priced, what it will likely sell for, and whether or not it is the right boat for your needs.

Other Related Articles Of Interest :

  • Can I Sell My Yacht Without A Broker?
  • Why Are Sportfishing Yachts So Expensive?
  • What Is The Best Time Of Year To Sell A Boat?
  • How Much Should I Pay For A Yacht?

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30 Most Luxurious Celebrity Private Jets and Yachts, Ranked by Price

Posted: May 17, 2024 | Last updated: May 17, 2024

<p>Tom Cruise also owns a Gulfstream IV private jet, similar to one owned by Justin Bieber. Of course, a star as big as Tom Cruise would have his own plane and this jet serves him just fine, jumping from one premiere to the next. It accommodates 19 passengers and requires a crew of just two.</p> <p>This plane features:</p>  <ul>  <li>Baggage compartment that can hold up to 24 bags</li>  <li>Luxury seating</li>  <li>A spacious interior</li>  <li>Multiple bathrooms</li>  <li>DVD entertainment system</li> </ul>  <p>The Gulfstream IV first took off in 1985 and was introduced in 1987. The plane offers great speed and range, making it ideal for a busy celebrity like Mr. Cruise.</p>

The Most Expensive Celebrity Private Jets and Yachts, Ranked

<p>Acclaimed actress Angelina Jolie is the proud owner of the Cirrus SR22, but this airplane is not even large enough to accommodate all of her children. And if her being beautiful and talented wasn’t impressive enough, she can in fact fly a plane too, as she is a fully licensed pilot!</p> <p>The SR22 features:</p>  <ul>  <li>High powered USB ports</li>  <li>Premium leather seats</li>  <li>Remote keyless entry</li>  <li>Cirrus IQ smart connectivity</li> </ul>  <p>The Cirrus SR22 can carry four to five passengers, providing air conditioning and built-in oxygen to passengers. A keyless baggage door can be unlocked with the push of a button. The interior is also fully customizable!</p>  <p>(Images via <a href="https://www.reddit.com/r/pics/comments/3uv6u8/angelina_jolie_piloting_her_cirrus_sr22/">Reddit</a>; <a href="https://en.wikipedia.org/wiki/Cirrus_SR22#/media/File:Cirrus_SR-22_G3_GTS_AN1594917.jpg">Wikipedia</a>)</p>

Angelina Jolie - Cirrus SR22 - $650K

Acclaimed actress Angelina Jolie is the proud owner of the Cirrus SR22, but this airplane is not even large enough to accommodate all of her children. And if her being beautiful and talented wasn’t impressive enough, she can in fact fly a plane too, as she is a fully licensed pilot!

The SR22 features:

  • High powered USB ports
  • Premium leather seats
  • Remote keyless entry
  • Cirrus IQ smart connectivity

The Cirrus SR22 can carry four to five passengers, providing air conditioning and built-in oxygen to passengers. A keyless baggage door can be unlocked with the push of a button. The interior is also fully customizable!

(Images via Reddit ; Wikipedia )

<p>The King of Rock n Roll, Elvis Presley, of course, had his own private jet named after his daughter, Lisa Marie. How would he attend all those performances and travel all over the world? At the time, the plane was purchased for $600,000 but it is now worth an estimated $3 million. Elvis is dead of course, and not using it anymore.</p> <p>This plane features:</p>  <ul>  <li>Gold Plated bathrooms</li>  <li>Expertly designed interior</li>  <li>Conference room</li>  <li>Private bedroom with library</li> </ul>  <p>Constructed by the Convair division of General Dynamics, it was originally designed to compete with planes like the Boeing 707. It was purchased back in April 17, 1975. The plane is now on display at Graceland.</p>  <p>(Images via <a href="https://www.youtube.com/watch?v=6t0kW7BE_qE">YouTube</a>; Mick Hutson/Redferns/Getty Images)</p>

Elvis Presley - Convair 880 - $3 Million

The King of Rock n Roll, Elvis Presley, of course, had his own private jet named after his daughter, Lisa Marie. How would he attend all those performances and travel all over the world? At the time, the plane was purchased for $600,000 but it is now worth an estimated $3 million. Elvis is dead of course, and not using it anymore.

This plane features:

  • Gold Plated bathrooms
  • Expertly designed interior
  • Conference room
  • Private bedroom with library

Constructed by the Convair division of General Dynamics, it was originally designed to compete with planes like the Boeing 707. It was purchased back in April 17, 1975. The plane is now on display at Graceland.

(Images via YouTube ; Mick Hutson/Redferns/Getty Images)

<p>Jamie Foxx and Katie Holmes were previously in a relationship but they have since broken up and moved on. The actress and comedian/actor were seen in the Utopia III super-sized yacht worth an estimated $7 million. Spotted by paparazzi off the coast of Miami, these celebrities were not afraid of flaunting their wealth.</p> <p>The Utopia III features:</p>  <ul>  <li>Tender and waverunner</li>  <li>Gym</li>  <li>Barbecue area</li>  <li>Satellite communications</li>  <li>Five staterooms</li> </ul>  <p>The ginormous yacht requires a nine-person crew to run it and has guest accommodations for up to 10 in the five staterooms on board. While the ship requires a hefty crew to run it, we’re sure these two celebrities had no trouble affording that.</p>  <p>(Images via <a href="https://www.youtube.com/watch?v=tY7UAd48Dj0">YouTube</a>; Kevin Mazur/MG19/Getty Images for The Met Museum/Vogue)</p>

Jamie Foxx And Katie Holmes - Utopia III - $7 Million

Jamie Foxx and Katie Holmes were previously in a relationship but they have since broken up and moved on. The actress and comedian/actor were seen in the Utopia III super-sized yacht worth an estimated $7 million. Spotted by paparazzi off the coast of Miami, these celebrities were not afraid of flaunting their wealth.

The Utopia III features:

  • Tender and waverunner
  • Barbecue area
  • Satellite communications
  • Five staterooms

The ginormous yacht requires a nine-person crew to run it and has guest accommodations for up to 10 in the five staterooms on board. While the ship requires a hefty crew to run it, we’re sure these two celebrities had no trouble affording that.

(Images via YouTube ; Kevin Mazur/MG19/Getty Images for The Met Museum/Vogue)

<p>Harrison Ford's pilot’s license is no secret as he’s talked about it many times before. Indeed, he’s like Han Solo in real life, but except for smuggling, he’s an actor. All those big action films he’s been in over the years, from Star Wars to Air Force One – they’ve really paid off - to the point where he can afford his own private jet.</p> <p>This plane features:</p>  <ul>  <li>Seats a maximum of 11 passengers</li>  <li>A large luggage area</li>  <li>Luxurious Leather seats</li>  <li>Wireless cabin management system with internet</li> </ul>  <p>The Cessna 680 Sovereign is just one of eight planes that belong to Mr. Ford. This luxurious jet is undoubtedly one of his more expensive ones. It’s also worth noting that Harrison Ford is no stranger to accidents in these things but hopefully he stays safe and has insurance.</p>  <p>(Images via <a href="https://www.youtube.com/watch?v=Mo-_BEDwleQ">YouTube</a>; <a href="https://en.wikipedia.org/wiki/Harrison_Ford#/media/File:PA-43286804.jpg">Wikipedia</a>)</p>

Harrison Ford - Cessna 680 Sovereign - $18 Million

Harrison Ford's pilot’s license is no secret as he’s talked about it many times before. Indeed, he’s like Han Solo in real life, but except for smuggling, he’s an actor. All those big action films he’s been in over the years, from Star Wars to Air Force One – they’ve really paid off - to the point where he can afford his own private jet.

  • Seats a maximum of 11 passengers
  • A large luggage area
  • Luxurious Leather seats
  • Wireless cabin management system with internet

The Cessna 680 Sovereign is just one of eight planes that belong to Mr. Ford. This luxurious jet is undoubtedly one of his more expensive ones. It’s also worth noting that Harrison Ford is no stranger to accidents in these things but hopefully he stays safe and has insurance.

(Images via YouTube ; Wikipedia )

<p>John Travolta gets around in style. He starred in hit movies like <em>Grease</em> and <em>Hairspray</em>. When he’s not acting, he spends his time sharpening his pilot skills! As an aviation enthusiast, he owns five planes. Including three Gulfstream jets, one Boeing 707-138 and one Learjet. Wouldn’t it be nice to take your pick of which jet to take that day? </p> <p>Out of his five planes, John’s Boeing 707-138 is the nicest and most expensive. His Boeing is valued at around $20 million, and it includes many custom upgrades that he’s installed to suit his travel needs. His jet comes with: </p>  <ul>  <li>A Full-Sized Bathroom</li>  <li>Two Private Bedrooms</li>  <li>The Capability of Flying 15 Comfortably</li> </ul>

John Travolta - Boeing 707-138 - $20 Million

John Travolta gets around in style. He starred in hit movies like Grease and Hairspray . When he’s not acting, he spends his time sharpening his pilot skills! As an aviation enthusiast, he owns five planes. Including three Gulfstream jets, one Boeing 707-138 and one Learjet. Wouldn’t it be nice to take your pick of which jet to take that day? 

Out of his five planes, John’s Boeing 707-138 is the nicest and most expensive. His Boeing is valued at around $20 million, and it includes many custom upgrades that he’s installed to suit his travel needs. His jet comes with: 

  • A Full-Sized Bathroom
  • Two Private Bedrooms
  • The Capability of Flying 15 Comfortably

<p>Bono is the lead singer and songwriter for the hit Irish band U2 which rose to prominence in the ‘80s and is one of the few bands from that time that has managed to stay relevant today. With a net worth of around $700 million, it’s no surprise he’s got the cash for a yacht named Kingdom Come.</p> <p>This luxurious yacht features:</p>  <ul>  <li>A master suite</li>  <li>Marble bathroom</li>  <li>Hot tub</li>  <li>Gold-plated furnishings</li> </ul>  <p>The 198-foot-long yacht may look just like a big boat, but it has the look of a luxury hotel on the inside, and a huge deck for mingling outdoors.  Built by Feadship in 1979, it’s one of the largest yachts at sea.</p>

Bono - Kingdom Come - $22 Million

Bono is the lead singer and songwriter for the hit Irish band U2 which rose to prominence in the ‘80s and is one of the few bands from that time that has managed to stay relevant today. With a net worth of around $700 million, it’s no surprise he’s got the cash for a yacht named Kingdom Come.

This luxurious yacht features:

  • A master suite
  • Marble bathroom
  • Gold-plated furnishings

The 198-foot-long yacht may look just like a big boat, but it has the look of a luxury hotel on the inside, and a huge deck for mingling outdoors.  Built by Feadship in 1979, it’s one of the largest yachts at sea.

<p>Dolce and Gabbana are some of the biggest names in fashion, and as such, they have one of the most fashionable yachts sailing the seven seas. Their ultra-high end yacht is one of the most expensive in the world. This Italian duo is known for their lavish parties on board the yacht, and we can see why. </p> <p>Regina d’Italia is made of the finest materials and features: </p>  <ul>  <li>51 meters of pure luxury</li>  <li>Several water slides</li>  <li>An infinity pool</li>  <li>The largest jacuzzi possible</li> </ul>  <p>The boat is well equipped for entertaining some of the most beautiful people in the world and it makes our list with a price tag of a staggering $30 million. </p>

Dolce and Gabbana - Regina d’Italia - $30 Million

Dolce and Gabbana are some of the biggest names in fashion, and as such, they have one of the most fashionable yachts sailing the seven seas. Their ultra-high end yacht is one of the most expensive in the world. This Italian duo is known for their lavish parties on board the yacht, and we can see why. 

Regina d’Italia is made of the finest materials and features: 

  • 51 meters of pure luxury
  • Several water slides
  • An infinity pool
  • The largest jacuzzi possible

The boat is well equipped for entertaining some of the most beautiful people in the world and it makes our list with a price tag of a staggering $30 million. 

<p>Jackie Chan is one of the most iconic martial artists of all time, so it’s no wonder he’s got a private jet fit for a legend. Jackie Chan has been in Hollywood since the early ‘90s, so he’s had plenty of time to save up for the hefty price tag on his jet. We wonder if he had any idea at the beginning of his career that he’d have his own plane one day. </p> <p>Jacki Chan’s Embracer Legacy 650 is a giant plane. It’s so large that it is broken into three sectors. His jet comes with: </p>  <ul>  <li>An area for work and business</li>  <li>An area for a little rest and relaxation</li>  <li>An entertainment area</li>  <li>A painted dragon on the side</li> </ul>  <p>The plane also comes with its own Wi-Fi on board, so you could practically live on this plane if you wanted to! That’s what $30 million will buy you. </p>

Jackie Chan - Embracer Legacy 650 - $30 Million

Jackie Chan is one of the most iconic martial artists of all time, so it’s no wonder he’s got a private jet fit for a legend. Jackie Chan has been in Hollywood since the early ‘90s, so he’s had plenty of time to save up for the hefty price tag on his jet. We wonder if he had any idea at the beginning of his career that he’d have his own plane one day. 

Jacki Chan’s Embracer Legacy 650 is a giant plane. It’s so large that it is broken into three sectors. His jet comes with: 

  • An area for work and business
  • An area for a little rest and relaxation
  • An entertainment area
  • A painted dragon on the side

The plane also comes with its own Wi-Fi on board, so you could practically live on this plane if you wanted to! That’s what $30 million will buy you. 

<p>Nicole Kidman is one of the Hollywood legends of our time. She’s found plenty of success throughout her career in acting and she has this stunning yacht to show for it. She’s been acting for over two decades, and with several Emmys and Golden Globes, she’s relaxing on the deck of her stunning yacht named Hokulani. </p> <p>Hokulani is a custom-made yacht that was built to spec for Nicole’s taste for the finer things. This yacht features: </p>  <ul>  <li>A large swimming platform</li>  <li>A centralized entertainment system</li>  <li>Enough room to entertain as many as 20 guests. </li> </ul>  <p>All her hard work in Hollywood has definitely paid off, it seems!</p>  <p><a href="https://en.wikipedia.org/wiki/Nicole_Kidman#/media/File:Nicole_Kidman_Cannes_2017.jpg">Image 1</a> via Wikipedia & <a href="https://www.gettyimages.com/detail/news-photo/actor-jackie-chan-holds-his-private-plane-jc-jet-legacy650-news-photo/141944643">Image 2</a> via PhotoNews International Inc. / Contributor / Getty Images</p>

Nicole Kidman - Hokulani - $30 Million

Nicole Kidman is one of the Hollywood legends of our time. She’s found plenty of success throughout her career in acting and she has this stunning yacht to show for it. She’s been acting for over two decades, and with several Emmys and Golden Globes, she’s relaxing on the deck of her stunning yacht named Hokulani. 

Hokulani is a custom-made yacht that was built to spec for Nicole’s taste for the finer things. This yacht features: 

  • A large swimming platform
  • A centralized entertainment system
  • Enough room to entertain as many as 20 guests. 

All her hard work in Hollywood has definitely paid off, it seems!

<p>Arnold Schwarzenegger may have big gains but he’s quite happy with a small private jet. He’s an owner of a Gulfstream III, worth an estimated $35 million. It’s plenty comfortable for 12 passengers, although it can seat up to 19 with the maximum configuration. It can also hold up to 22 smaller luggage bags.</p> <p>This plane features:</p>  <ul>  <li>A kitchen with food preparation area</li>  <li>An engine?</li>  <li>Not much else</li> </ul>  <p>The former California governor and action film star acquired the plane in 2011. The plane does require two to three crew members to operate. Arnold’s plane is just one of eight variations available for the Gulfstream III. In this case, Arnold basically had the plane stripped down to only the bare necessities.</p>

Arnold Schwarzenegger - Gulfstream III - $35 Million

Arnold Schwarzenegger may have big gains but he’s quite happy with a small private jet. He’s an owner of a Gulfstream III, worth an estimated $35 million. It’s plenty comfortable for 12 passengers, although it can seat up to 19 with the maximum configuration. It can also hold up to 22 smaller luggage bags.

  • A kitchen with food preparation area
  • Not much else

The former California governor and action film star acquired the plane in 2011. The plane does require two to three crew members to operate. Arnold’s plane is just one of eight variations available for the Gulfstream III. In this case, Arnold basically had the plane stripped down to only the bare necessities.

Tom Cruise - Gulfstream IV - $36 Million

Tom Cruise also owns a Gulfstream IV private jet, similar to one owned by Justin Bieber. Of course, a star as big as Tom Cruise would have his own plane and this jet serves him just fine, jumping from one premiere to the next. It accommodates 19 passengers and requires a crew of just two.

  • Baggage compartment that can hold up to 24 bags
  • Luxury seating
  • A spacious interior
  • Multiple bathrooms
  • DVD entertainment system

The Gulfstream IV first took off in 1985 and was introduced in 1987. The plane offers great speed and range, making it ideal for a busy celebrity like Mr. Cruise.

<p>Celebrity power couple Jay-Z and Beyonce Knowles have been living the life of the rich and famous since the early 2000s. They’re #couplesgoals with their state-of-the-art Bombardier Challenger 850 Learjet as they jet set with their daughter, Blue Ivy, across the globe on lavish vacations and business trips. </p> <p>The couple's Bombardier Challenger 850 Learjet comes equipped with: </p>  <ul>  <li>A Living Room Decked Out in Leather</li>  <li>A Full Kitchen</li>  <li>Two Bathrooms</li> </ul>  <p>This gorgeous jet was purchased by superstar Beyonce for her husband as a gift out of love. She’s one of the richest celebrities in the world, so she can afford such outrageous gifts for her family. However, we’re pretty sure this goes down as one of the nicest fights of all time. </p>

Jay Z. - Bombardier Challenger 850 Learjet - $40 Million

Celebrity power couple Jay-Z and Beyonce Knowles have been living the life of the rich and famous since the early 2000s. They’re #couplesgoals with their state-of-the-art Bombardier Challenger 850 Learjet as they jet set with their daughter, Blue Ivy, across the globe on lavish vacations and business trips. 

The couple's Bombardier Challenger 850 Learjet comes equipped with: 

  • A Living Room Decked Out in Leather
  • A Full Kitchen
  • Two Bathrooms

This gorgeous jet was purchased by superstar Beyonce for her husband as a gift out of love. She’s one of the richest celebrities in the world, so she can afford such outrageous gifts for her family. However, we’re pretty sure this goes down as one of the nicest fights of all time. 

<p>Taylor Swift’s Dassault Falcon 900 is a Gulfstream private jet that is well-suited for one the 21<sup>st</sup> century’s most popular singers. With a career as strong as hers, there’s no doubt she can afford this lane worth $40 million. She previously owned another jet, the Falcon 50, but ended up selling it.</p> <p>The Falcon 900 features:</p>  <ul>  <li>Fold-out tables</li>  <li>FalconEye terrain mapping and low-light cameras</li>  <li>A stylish cabin</li>  <li>Separated rooms</li>  <li>Food preparation area</li> </ul>  <p>The main difference between this jet and the Falcon 50 mostly has to do with the size. This one offers plenty of space for passengers and plenty of room for all of her partying needs at 30,000 feet. It has room for 19 passengers and holds up to 18 bags.</p>

Taylor Swift - Dassault Falcon 900 - $40 Million

Taylor Swift’s Dassault Falcon 900 is a Gulfstream private jet that is well-suited for one the 21 st century’s most popular singers. With a career as strong as hers, there’s no doubt she can afford this lane worth $40 million. She previously owned another jet, the Falcon 50, but ended up selling it.

The Falcon 900 features:

  • Fold-out tables
  • FalconEye terrain mapping and low-light cameras
  • A stylish cabin
  • Separated rooms
  • Food preparation area

The main difference between this jet and the Falcon 50 mostly has to do with the size. This one offers plenty of space for passengers and plenty of room for all of her partying needs at 30,000 feet. It has room for 19 passengers and holds up to 18 bags.

<p>Former NBA player Michael Jordan has a net worth of over $1 billion. In addition to a gigantic mansion and several private jets, he has this luxurious yacht he took to naming Mr. Terrible. But make no mistake, there’s nothing terrible about this luxury boat with a speed of up to 24 knots.</p> <p>The yacht features:</p>  <ul>  <li>An underwater camera</li>  <li>Indoor and outdoor dining rooms</li>  <li>A bar</li>  <li>Art Deco design</li> </ul>  <p>Mr. Terrible is a luxury yacht that’s a dream come true for tropical island hoppers. It is decorated with a tropical-themed interior and chandeliers in the dining room. The yacht can accommodate 12 guests but also requires a 7-person professional crew to operate it.</p>

Michael Jordan - Mr. Terrible - $47 Million

Former NBA player Michael Jordan has a net worth of over $1 billion. In addition to a gigantic mansion and several private jets, he has this luxurious yacht he took to naming Mr. Terrible. But make no mistake, there’s nothing terrible about this luxury boat with a speed of up to 24 knots.

The yacht features:

  • An underwater camera
  • Indoor and outdoor dining rooms
  • Art Deco design

Mr. Terrible is a luxury yacht that’s a dream come true for tropical island hoppers. It is decorated with a tropical-themed interior and chandeliers in the dining room. The yacht can accommodate 12 guests but also requires a 7-person professional crew to operate it.

Having a private jet or yacht is a statement on it's own, but having the most expensive one is another story.

Celine Dion - Bombardier BD-700 Express - $48 Million

Celine Dion is arguably one of the most famous singers of our generation, and as such, she’s been able to afford a rather nice Bombardier BD-700 Express. Her private jet is very similar to Oprah’s, but she’s chosen the options that best suit her air-travel needs. As one should when they’re picking their private jet!

Her jet comes with the following: 

  • A Living Area
  • A Flight Crew
  • Two Flight Attendants
  • Two Private Bathrooms

Along with countless other high-end amenities, this jet is sure to wow any of the 18 guests she can fit. With as much air travel that these celebs undertake, it’s no wonder they splurge on such expensive rides. Celine’s Bombardier BD-700 Express cost her over $48 million. 

<p>The queen of talk shows, Oprah Winfrey, only travels in <em>style</em>. She started from essentially nothing and built a career that’s earned her the title as one of the most successful businesswomen in history. All her hard work and time spent on television earned her some major checks, because she bought a pretty amazing private jet. </p> <p>Oprah’s Bombardier Global Express XRS is one of the world’s most expensive, and exclusive, private jets. This jet has some pretty amazing features including: </p>  <ul>  <li>Reaching an Altitude of 51,000 Feet. </li>  <li>Can Accommodate 10 People</li>  <li>One of the Most Upgraded and Upscale Planes Ever Built</li> </ul>  <p>Oprah’s plane definitely makes a statement. And you know what? She deserves it! You go Oprah!</p>

Oprah - Bombardier Global Express XRS - $52 Million

The queen of talk shows, Oprah Winfrey, only travels in style . She started from essentially nothing and built a career that’s earned her the title as one of the most successful businesswomen in history. All her hard work and time spent on television earned her some major checks, because she bought a pretty amazing private jet. 

Oprah’s Bombardier Global Express XRS is one of the world’s most expensive, and exclusive, private jets. This jet has some pretty amazing features including: 

  • Reaching an Altitude of 51,000 Feet. 
  • Can Accommodate 10 People
  • One of the Most Upgraded and Upscale Planes Ever Built

Oprah’s plane definitely makes a statement. And you know what? She deserves it! You go Oprah!

<p>Jim Carrey was one of the biggest names in Hollywood in the late ‘90s and early 2000s. He captured the world’s attention through his hilarious comedy roles and made a fortune for making us all laugh. His years in Hollywood definitely have paid off because he owns one of the most expensive private jets in the world. </p> <p>Jim Carrey’s private jet is a highly exclusive Gulfstream V. His private jet is:</p>  <ul>  <li>The Fastest Jet in Its Class</li>  <li>Able to Carry 16 Passengers Comfortably</li>  <li>Available to Charter for $8,000 per Hour</li> </ul>  <p>With the Gulfstream’s lavish upscale amenities, it’s one of the nicest jets in the world. He had no problem splurging on this nearly $60 million plane. </p>

Jim Carrey - Gulfstream V - $59 Million

Jim Carrey was one of the biggest names in Hollywood in the late ‘90s and early 2000s. He captured the world’s attention through his hilarious comedy roles and made a fortune for making us all laugh. His years in Hollywood definitely have paid off because he owns one of the most expensive private jets in the world. 

Jim Carrey’s private jet is a highly exclusive Gulfstream V. His private jet is:

  • The Fastest Jet in Its Class
  • Able to Carry 16 Passengers Comfortably
  • Available to Charter for $8,000 per Hour

With the Gulfstream’s lavish upscale amenities, it’s one of the nicest jets in the world. He had no problem splurging on this nearly $60 million plane. 

<p>Justin Bieber’s aerial chariot is the Gulfstream G4, a private jet with exceptional range and speed. It has undoubtedly helped Justin Bieber get where he needs to go but it’s certainly quite an investment for such a young man to make early on in his career considering the maintenance and upkeep costs.</p> <p>This plane features:</p>  <ul>  <li>Multiple bathrooms</li>  <li>A spacious cabin</li>  <li>Baggage and storage access in-flight</li>  <li>Boasts a luxury interior</li> </ul>  <p>At the time of his purchase, Bieber was worth about $200 million, so it certainly caused a dent in his finances, and whether he still owns the plane now is up in the air. The plane can seat up to 18 passengers.</p>

Justin Bieber - Gulfstream G4 - $60 Million

Justin Bieber’s aerial chariot is the Gulfstream G4, a private jet with exceptional range and speed. It has undoubtedly helped Justin Bieber get where he needs to go but it’s certainly quite an investment for such a young man to make early on in his career considering the maintenance and upkeep costs.

  • A spacious cabin
  • Baggage and storage access in-flight
  • Boasts a luxury interior

At the time of his purchase, Bieber was worth about $200 million, so it certainly caused a dent in his finances, and whether he still owns the plane now is up in the air. The plane can seat up to 18 passengers.

<p>Simon Cowell owns the Gulfstream G550 which costs an estimated $61.5 million. The X-Factor creator and American Idol judge is living it up at 30,000 feet it seems on his private jet with plenty of amenities. This model is no longer available as production ceased in 2021, so if you were thinking of getting your own, sorry.</p> <p>This private jet features:</p>  <ul>  <li>Gulfstream PlaneView</li>  <li>Wireless network and satellite communication</li>  <li>Heads-up display</li>  <li>Smartphone controlled cabin settings</li> </ul>  <p>The G550 can accommodate up to 19 passengers, with room for up to eight passengers to sleep. The plane features large oval windows so passengers can look outside and enjoy some natural light.</p>

Simon Cowell - Gulfstream G550 - $61.5 Million

Simon Cowell owns the Gulfstream G550 which costs an estimated $61.5 million. The X-Factor creator and American Idol judge is living it up at 30,000 feet it seems on his private jet with plenty of amenities. This model is no longer available as production ceased in 2021, so if you were thinking of getting your own, sorry.

This private jet features:

  • Gulfstream PlaneView
  • Wireless network and satellite communication
  • Heads-up display
  • Smartphone controlled cabin settings

The G550 can accommodate up to 19 passengers, with room for up to eight passengers to sleep. The plane features large oval windows so passengers can look outside and enjoy some natural light.

<p>Sean Combs, also known as P Diddy, has always been known to be a little...extra. His $65 million yacht is no exception to the rule. This yacht is definitely a statement piece that anyone would be proud of--anywhere he goes people are sure to know that Diddy is in town... Or Puff Daddy, or Puffy, and maybe Sean. </p> <p>Whatever he’s going by these days doesn’t really matter when you’re sitting on the deck of this gorgeous yacht, the Maraya. The Maraya features: </p>  <ul>  <li>10 Staff members onboard the ship</li>  <li>It’s own performance stage</li>  <li>A party floor</li> </ul>  <p>If you ask us, we want to go on Diddy’s yacht! Can we catch a ride? </p>

P Diddy - The Majraya - $65 Million

Sean Combs, also known as P Diddy, has always been known to be a little...extra. His $65 million yacht is no exception to the rule. This yacht is definitely a statement piece that anyone would be proud of--anywhere he goes people are sure to know that Diddy is in town... Or Puff Daddy, or Puffy, and maybe Sean. 

Whatever he’s going by these days doesn’t really matter when you’re sitting on the deck of this gorgeous yacht, the Maraya. The Maraya features: 

  • 10 Staff members onboard the ship
  • It’s own performance stage
  • A party floor

If you ask us, we want to go on Diddy’s yacht! Can we catch a ride? 

<p>The Gulfstream G650 is the trophy Dwayne Johnson has long deserved as one of the hardest-working stars in Hollywood. The man started out with nothing – he was in bankruptcy – and ended up becoming one of the highest paid actors in Hollywood with a net worth of about $800 million.</p> <p>The Gulfstream G650 features:</p>  <ul>  <li>A quiet four-zone cabin</li>  <li>Private entertainment area with flatscreen TV</li>  <li>Reclining custom ottoman</li>  <li>Luxury seating and carpeting</li> </ul>  <p>The Rock purchased this plane for $65 million, an amount he can certainly afford. This luxurious plane most assuredly serves him well getting him to wherever he needs to go, in style!</p>

Dwayne “The Rock” Johnson - Gulfstream G650 - $65 Million

The Gulfstream G650 is the trophy Dwayne Johnson has long deserved as one of the hardest-working stars in Hollywood. The man started out with nothing – he was in bankruptcy – and ended up becoming one of the highest paid actors in Hollywood with a net worth of about $800 million.

The Gulfstream G650 features:

  • A quiet four-zone cabin
  • Private entertainment area with flatscreen TV
  • Reclining custom ottoman
  • Luxury seating and carpeting

The Rock purchased this plane for $65 million, an amount he can certainly afford. This luxurious plane most assuredly serves him well getting him to wherever he needs to go, in style!

<p>We just think it’s a little funny that Johnny Depp’s yacht kind of looks like a modern-day pirate ship! He’s one of the most successful and famous pirates of all time, Captain Jack Sparrow, so it makes sense that his luxury yacht should have a little "shiver me timbers" flare. Depp’s private yacht, named Vajoliroja, is a stunning ship that pays respects to vessels before. </p> <p>This gorgeous yacht got its unique name by blending Depp’s name with his former girlfriend’s name and their two children’s. Vajoliroja is 156 feet long and comes with state-of-the-art communications and entertainment systems. Later, this yacht was renamed Amphitrite and was sold to author J.K. Rowling.</p>

Johnny Depp - Vajoliroja - $70 Million

We just think it’s a little funny that Johnny Depp’s yacht kind of looks like a modern-day pirate ship! He’s one of the most successful and famous pirates of all time, Captain Jack Sparrow, so it makes sense that his luxury yacht should have a little "shiver me timbers" flare. Depp’s private yacht, named Vajoliroja, is a stunning ship that pays respects to vessels before. 

This gorgeous yacht got its unique name by blending Depp’s name with his former girlfriend’s name and their two children’s. Vajoliroja is 156 feet long and comes with state-of-the-art communications and entertainment systems. Later, this yacht was renamed Amphitrite and was sold to author J.K. Rowling.

<p>Matthew McConaughey is a known travel enthusiast and a man that loves to enjoy life. Since his breakthrough role in Dazed and Confused, he’s been a huge Hollywood star, raking in millions of dollars, enough to afford planes like this one, the Bombardier Global 7000.</p> <p>This private jet features:</p>  <ul>  <li>A master suite with a private bathroom</li>  <li>A full kitchen</li>  <li>Foldable tables</li>  <li>Wall-mounted entertainment screens</li>  <li>Fiber optic internet</li> </ul>  <p>The Bombardier Global 7000 was purchased by the Oscar-winning actor for an estimated $72.8 million. It is one of the largest private jets in existence which you can probably tell from all the amenities loaded on this plane.</p>

Matthew McConaughey – Bombardier Global 7000 - $72.8 Million

Matthew McConaughey is a known travel enthusiast and a man that loves to enjoy life. Since his breakthrough role in Dazed and Confused, he’s been a huge Hollywood star, raking in millions of dollars, enough to afford planes like this one, the Bombardier Global 7000.

  • A master suite with a private bathroom
  • A full kitchen
  • Foldable tables
  • Wall-mounted entertainment screens
  • Fiber optic internet

The Bombardier Global 7000 was purchased by the Oscar-winning actor for an estimated $72.8 million. It is one of the largest private jets in existence which you can probably tell from all the amenities loaded on this plane.

<p>Luxury designer Giorgio Armani has solidified his name in the luxury goods sector for decades. His net worth is approaching $10 billion, so one would expect him to put that money to good use. One thing is for sure, he’s not going to spend it on anything less than the top-notch design and tech available across the world...and that’s just what he did. </p> <p>Armani’s private yacht, Main, is worth over $76 million, and it has set sail on some of the water in the most desirable destinations in the world. Main comes with: </p>  <ul>  <li>Luxury design</li>  <li>Its own cinema</li>  <li>A custom spiral staircase</li> </ul>  <p>The ship’s beautiful design lets you know that Armani had his hands in the development process. It’s truly remarkable. </p>

Giorgio Armani - Main -$76 Million

Luxury designer Giorgio Armani has solidified his name in the luxury goods sector for decades. His net worth is approaching $10 billion, so one would expect him to put that money to good use. One thing is for sure, he’s not going to spend it on anything less than the top-notch design and tech available across the world...and that’s just what he did. 

Armani’s private yacht, Main, is worth over $76 million, and it has set sail on some of the water in the most desirable destinations in the world. Main comes with: 

  • Luxury design
  • Its own cinema
  • A custom spiral staircase

The ship’s beautiful design lets you know that Armani had his hands in the development process. It’s truly remarkable. 

<p>Singer and now actress Lady Gaga is a best-selling artist with over 322 million records sold, so she of course has the money to buy her own private jet, getting her from one concert or premiere to the next. The Boeing 757 is estimated to have cost her $80 million.</p> <p>The commercial jet features:</p>  <ul>  <li>Luxury seats</li>  <li>In-flight entertainment</li>  <li>Bathroom</li>  <li>Allows for many passengers</li> </ul>  <p>Lady Gaga’s 757 is available for wherever she needs to go on a moment’s notice.  It’s only fitting that a star as big as Lady Gaga have a commercial-sized jet for her own purposes. Good thing she’s got enough room for her crew.</p>

Lady Gaga - Boeing 757 - $80 Million

Singer and now actress Lady Gaga is a best-selling artist with over 322 million records sold, so she of course has the money to buy her own private jet, getting her from one concert or premiere to the next. The Boeing 757 is estimated to have cost her $80 million.

The commercial jet features:

  • Luxury seats
  • In-flight entertainment
  • Allows for many passengers

Lady Gaga’s 757 is available for wherever she needs to go on a moment’s notice.  It’s only fitting that a star as big as Lady Gaga have a commercial-sized jet for her own purposes. Good thing she’s got enough room for her crew.

<p>Kirsty Bertarelli is a songwriter and former Miss UK, as well as the former wife of Italian-born Swiss billionaire Ernesto Bertarelli. And since her husband is one of the wealthiest men in the UK, as his wife, Kirsty is, by extent, one of the richest women in the UK. They are the owners of the Vava II.</p> <p>The Vava II yacht features:</p>  <ul>  <li>Swimming pool</li>  <li>Helicopter pad designed for Airbus H145 helicopter</li>  <li>Onboard beauty salon</li>  <li>Luxury suites</li>  <li>Gym</li> </ul>  <p>This 97-meter yacht was commissioned by Ernesto Bertarelli in 2007 and was completed in 2012. At the time it was said to be the largest super-yacht in existence. Its maximum speed is 19 knots and it has a range of 4,500nm.</p>

Kirsty Bertarelli - Vava II - $130 Million

Kirsty Bertarelli is a songwriter and former Miss UK, as well as the former wife of Italian-born Swiss billionaire Ernesto Bertarelli. And since her husband is one of the wealthiest men in the UK, as his wife, Kirsty is, by extent, one of the richest women in the UK. They are the owners of the Vava II.

The Vava II yacht features:

  • Swimming pool
  • Helicopter pad designed for Airbus H145 helicopter
  • Onboard beauty salon
  • Luxury suites

This 97-meter yacht was commissioned by Ernesto Bertarelli in 2007 and was completed in 2012. At the time it was said to be the largest super-yacht in existence. Its maximum speed is 19 knots and it has a range of 4,500nm.

<p>Business mogul and television show host of <em>Shark Tank, </em>Mark Cuban, is known for his many successful business ventures and investments. His smart business sense must have paid off because his private Boeing 767-277 is one of the most lavish private jets in the skies. Maybe he even flies around with his own basketball team, the Dallas Mavericks. </p> <p>Cuban purchased his jet online, which was the largest online transaction in the world in 1999. This Boeing 767-277 cost Mark over $144.1 million dollars. The jet features extra-large seating to fit his basketball team comfortably. He continues to make modifications and improvements to the jet to make it perfect for him. </p>

Mark Cuban - Boeing 767-277 - $144.1 Million

Business mogul and television show host of Shark Tank, Mark Cuban, is known for his many successful business ventures and investments. His smart business sense must have paid off because his private Boeing 767-277 is one of the most lavish private jets in the skies. Maybe he even flies around with his own basketball team, the Dallas Mavericks. 

Cuban purchased his jet online, which was the largest online transaction in the world in 1999. This Boeing 767-277 cost Mark over $144.1 million dollars. The jet features extra-large seating to fit his basketball team comfortably. He continues to make modifications and improvements to the jet to make it perfect for him. 

<p>If you’re not familiar with prestigious investment firms, or Russian billionaires, then you probably have no clue who Roman Abramovish is. We’ll break it down for you. He is a Russian-Israeli billionaire businessman and politician who has dominated the investment sector with his privately owned company, Millhouse LLC. and Premier League football club, Chelsea F.C.</p> <p>Roman has amassed a massive fortune and has sunk quite a bit of it into this mega-yacht. Eclipse is one of the largest privately-owned yachts in the world, and it features: </p>  <ul>  <li>Two helipads</li>  <li>24 cabins</li>  <li>Two swimming pools</li>  <li>Hot tubs </li>  <li>A disco hall</li>  <li>One mini-submarine</li> </ul>  <p>That’s what $500 million dollars buys you--533 feet of pure luxury. </p>

Roman Abramovich - Eclipse - $500 Million

If you’re not familiar with prestigious investment firms, or Russian billionaires, then you probably have no clue who Roman Abramovish is. We’ll break it down for you. He is a Russian-Israeli billionaire businessman and politician who has dominated the investment sector with his privately owned company, Millhouse LLC. and Premier League football club, Chelsea F.C.

Roman has amassed a massive fortune and has sunk quite a bit of it into this mega-yacht. Eclipse is one of the largest privately-owned yachts in the world, and it features: 

  • Two helipads
  • Two swimming pools
  • A disco hall
  • One mini-submarine

That’s what $500 million dollars buys you--533 feet of pure luxury. 

<p>Steven Spielberg is a very successful American film director, producer, and screenwriter. With decades of success under his belt, he’s able to afford a mega-yacht that has a price tag of over $200 million dollars. Spielberg’s mega-yacht, Seven Seas, was constructed by the Dutch ship building company, Oceano. </p> <p>Seven Seas features: </p>  <ul>  <li>282 feet of ultra-luxury</li>  <li>A fully equipped gym</li>  <li>A helipad</li>  <li>Two cinemas</li>  <li>A spa & massage room</li> </ul>  <p>This yacht was finished in 2010, and now it is one of the most expensive yachts to charter, with a cost of over $1 million dollars a week for you and 12 friends to sail the Caribbean. </p>

Steven Spielberg - The Seven Seas - $200 Million

Steven Spielberg is a very successful American film director, producer, and screenwriter. With decades of success under his belt, he’s able to afford a mega-yacht that has a price tag of over $200 million dollars. Spielberg’s mega-yacht, Seven Seas, was constructed by the Dutch ship building company, Oceano. 

Seven Seas features: 

  • 282 feet of ultra-luxury
  • A fully equipped gym
  • Two cinemas
  • A spa & massage room

This yacht was finished in 2010, and now it is one of the most expensive yachts to charter, with a cost of over $1 million dollars a week for you and 12 friends to sail the Caribbean. 

<p>You know how rumors are, they start as one thing and become something ridiculous after a few retellings. Well, the infamous mega-yacht, Sinot Aqua, is a rumor that got big… like really big (and expensive). Rumor had it that Bill Gates was purchasing a state-of-the-art mega-yacht that runs solely on liquid hydrogen. </p> <p>This $644 million-dollar mega-yacht features:</p>  <ul>  <li>An indoor health and wellness center</li>  <li>A gym</li>  <li>An infinity pool</li>  <li>Hydro-massage rooms</li>  <li>A yoga studio</li> </ul>  <p>The Sinot Aqua is designed to host 14 guests and 31 Crew members in four staterooms, two Japanese-styled VIP cabins, one owner’s pavilion, 14 double crew cabins, two officer cabins, and one captain’s cabin. Too bad Bill didn’t actually buy it!</p>

Bill Gates - Sinot Aqua - $644 Million

You know how rumors are, they start as one thing and become something ridiculous after a few retellings. Well, the infamous mega-yacht, Sinot Aqua, is a rumor that got big… like really big (and expensive). Rumor had it that Bill Gates was purchasing a state-of-the-art mega-yacht that runs solely on liquid hydrogen. 

This $644 million-dollar mega-yacht features:

  • An indoor health and wellness center
  • Hydro-massage rooms
  • A yoga studio

The Sinot Aqua is designed to host 14 guests and 31 Crew members in four staterooms, two Japanese-styled VIP cabins, one owner’s pavilion, 14 double crew cabins, two officer cabins, and one captain’s cabin. Too bad Bill didn’t actually buy it!

<p>American singer and Grammy-winner Usher has been known to rent superyachts for exclusive celebrity parties, including one where a member of the boat's crew died while scuba diving. However, he also owns one of his own.</p> <p>This 154ft superyacht, fittingly named the <em>Usher</em>, has everything you could want in a superyacht, including a luxurious cabin, a sleek design, and a wraparound deck you can stand on in your all white three piece suit and fedora. (You know, traditional sailing attire.)</p>

American singer and Grammy-winner Usher has been known to rent superyachts for exclusive celebrity parties, including one where a member of the boat's crew died while scuba diving. However, he also owns one of his own.

This 154ft superyacht, fittingly named the  Usher , has everything you could want in a superyacht, including a luxurious cabin, a sleek design, and a wraparound deck you can stand on in your all white three piece suit and fedora. (You know, traditional sailing attire.)

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Billionaires like Jeff Bezos and Mark Zuckerberg spend six figures a year maintaining their superyachts. Here's how.

  • Superyachts  are one of the most expensive assets money can buy.
  • The true cost of ownership is even more, adding up to millions a year.
  • Here's how much it costs to own a superyacht — and what that money is going toward.

Financial advisors are quick to warn prospective owners that a boat is nothing more than a hole in the water in which to throw money. When it comes to superyachts , you'd better have bags and bags of cash.

As one luxury agent told Business Insider at the Palm Beach International Boat Show: "Buying a boat, it's a huge purchase — and nobody needs a yacht."

A superyacht, generally over 30 meters long, is one of the most expensive assets money can buy, with the largest costing more than a lot of real estate or a private jet. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts.

That doesn't include operating costs. Owners should expect to pay about 10% of a yacht's new-build price each year, experts told Business Insider. That's tens of millions of dollars annually for the most luxurious boats.

"It's a small-to-medium-sized business in its own right," said Jeffrey Beneville, a senior vice president at insurance company NFP, where he specializes in consulting clients about yachts.

Unlike many smaller boats, superyachts need staff, not just a captain. Some superyachts have space for dozens of crewmembers , including a chef, engineer, and masseuse for the guests onboard. Each gets an annual salary — the highest-ranking members earn six figures — and benefits. Eric Schmidt's yacht fits a crew of 28 for a ratio of about two crewmembers per guest.

Then there's fuel, dockage fees, routine maintenance, and insurance. The latter hinges on everything from the reputation of a yacht's shipyard to where an owner wants to take it (if a vessel is taking frequent trips to the South China Sea, for example, expect to pay a higher premium). If a superyacht has a support yacht — or a support superyacht, in Bezos ' case — expect to pay another 10% of that boat's price annually.

"The cost to maintain a yacht is so high that they just think that money's getting lit on fire," Matthew Fleissig, the CEO of wealth management firm Pathstone, told BI of his clients who choose to charter rather than own.

One of his firm's clients who does own has a 23-meter yacht valued at $5.2 million. The annual cost to staff, maintain, dock, and insure the boat is $346,297, according to documentation provided to BI. The lion's share is spent on marina fees ($95,970) and maintenance work ($88,408.) While not exactly a Sunfish, that boat is too small to count as a superyacht.

At 106 meters, the Amadea, owned by a sanctioned Russian oligarch , definitely does. The $300 million yacht, which was seized in 2022 and is docked in San Diego, cost $922,000 a month to maintain, a court filing showed: $360,000 for crew salaries, $75,000 for fuel, $144,000 for insurance, $178,000 in dry-docking fees, and $165,000 for maintenance, waste removal, food for the crew, and miscellaneous expenses.

"And that's an inactive yacht that's in the water," NFP's Beneville said.

If it were operational and carrying guests, the costs would be about twice that, or between $20 million and $30 million a year, he added.

Of course, it makes more financial sense for the non-obsessives to charter, and many of Fleissig's clients do. And some owners choose to offer their yachts for charter — the most luxurious cost as much as $1 million a week — to offset the costs.

"If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.

Then again, the running costs don't matter as much at a certain point. "If you're worth $30 billion, it's nothing. And if you're worth $117 billion — and these are the guys we're talking about — they're in it as long as it's still enjoyable for them," Beneville said. "It's not a money thing."

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Luxury Yacht Market: Estimated to Reach Around USD 19,924.7 Million in 2033, Growth in Nautical Tourism Fueling Market Expansion

Luxury Yacht Market

The  luxury yacht market  is expected to expand rapidly on a worldwide scale between 2023 and 2033. The market is predicted to develop  USD 8,812.4 million  in sales by the end of 2023. By 2033, the luxury yacht market is anticipated to have grown to a value of around  USD 19,924.7 million . Key participants in the industry include luxury yacht manufacturers, brokerage houses and brokers, designers, harbor management services, the equipment and accessory sectors, journalists, and potential buyers.

The Dutch word “jacht,” which means “hunt,” is where the term “yacht” originates. “Floating Palaces or Floating Real Estates” is another term for opulent boats. They represent the pinnacle of lavish expenditure. Privately owned, well staffed, and exceedingly costly motor boats are considered luxury yachts.

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Luxury yacht manufacturing companies are obsessively focused on quality because it is the prime differentiating factor between luxury yachts and non-luxury yachts. These companies manufacture luxury yachts using fast patrol vessels, frigates, and interceptors, which are used by world navies for high security. Growing awareness of environmental protection has led to the manufacture of solar luxury yachts.

Key Takeaways

  • Yachting along coastal locations is gradually becoming popular across various countries. The formulation of favorable policies has been effective in promoting coastal and marine tourism which has consequently led to a boost in yachting tourism as well.
  • The adoption of private boats for leisure, client meetings, and large-scale parties has become quite prevalent. In order to explore new locations with a smaller crowd, regions such as Asia Pacific, Antarctica, and the Middle East are preferred for yachting.

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  • Another crucial reason for the growth of luxury yachting tourism has been the availability of renting of charter boats. Rentals for yachts are available on a weekly basis which further increases the accessibility of luxury yachting. With increased government participation to create yacht facilities and to invest in yachting, the future looks bright and full of potential.
  • Over the upcoming years, the number of ultra-wealthy households consisting of assets worth $100 a million or more is projected to increase by 70% in the next five years. Shipyards have therefore started to invest in new facilities and technologies to meet the expected demand which will eventually lead to growth in the market for Luxury Yachts.
  • The millennials from the new generation ranging from the age group 35 to 45 years have become highly environmentally conscious. This is extremely important to factor in since up to 40% of yacht buyers are now millennials. Therefore, the sector is slowly switching to green yachting by adopting a eco-friendlier approach.
  • 2050, the International Maritime Organization has instructed the maritime industry to reduce greenhouse gas emissions by 50 percent from 2008 levels by the year 2050 and to reduce the carbon footprints of their boats. Electric yachts are also becoming quite popular.

Competitive Landscape

Dominant players across the global luxury yacht market comprise 60% of the total market share. In addition to that, the semi-custom luxury yacht market has seen a surge in demand in recent years which might be due to these categories of yachts offering a good balance of customization and off-the-shelf predictability and simplicity.

Key Players:

  • Ferretti Group,
  • Princess Yachts,

Luxury  Yatch  Market by Category

By Direct Suppliers:

  • Hotel Companies
  • Tour Operators
  • Government Bodies

By Indirect Suppliers:

  • OTA (Online Travel Agency)
  • Traditional Travel Agencies
  • TMC’s (Travel Management Companies)

By Number of Bookings:

  • Motor Yacht
  • Sailing Yacht

By Visit Purpose:

By Tour Type:

  • Independent Traveler
  • Package Traveler

By Demographic:

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In Person Booking

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware – 19713, USA T: +1-845-579-5705 For Sales Enquiries:  [email protected] Website:   https://www.futuremarketinsights.com LinkedIn |  Twitter |  Blogs  |  YouTube

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