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How Jordan Belfort's 37m superyacht Nadine sank off the coast of Sardinia

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Coco Chanel was famously outspoken on many things, but yachting, in particular, attracted her ire. “As soon as you set foot on a yacht you belong to some man, not to yourself, and you die of boredom,” she was once quoted as saying.

Her solution was to buy her own yacht. A 37m with a steel hull, built by the Dutch yard Witsen & Vis of Alkmaar. The yacht passed through many hands, finally ending up belonging to the Wolf of Wall Street, Jordan Belfort, on whose watch she foundered and sank in 1996.

The yacht was originally built for a Frenchman under the name Mathilde , but he backed out and she caught Chanel’s eye instead. With a narrow beam, a high bow and the long, low superstructure typical of Dutch yachts of her era, she was certainly a beautiful boat. But she was also well equipped, with five staterooms in dark teak panelling, magnificent dining facilities, room for big tenders and, later, a helipad. A frequent sight along the Florida coast, she caught the eye of a young skipper called Mark Elliott.

“In those days, she was the biggest yacht on the East Coast,” he remembers. “Nobody had ever seen anything like it. I needed a wrench once and went up to the boat - Captain Norm Dahl was really friendly.” He didn’t know it then, but Elliott was destined to become the skipper of the boat himself and was at the helm when the storm of the century took her to the bottom off Sardinia.

Coco Chanel died in 1971 and sometime thereafter the yacht was renamed Jan Pamela under the new ownership of Melvin Lane Powers. He was a flamboyant Houston real estate developer, fond of crocodile skin cowboy boots and acquitted of murder in a trial that gripped the nation.

Powers sent Jan Pamela to Merrill Stevens yard in Miami, where a mammoth seven-metre section was added amidships. “We made templates for the boat where we were going to cut her in half, then she went out for another charter season,” remembers Whit Kirtland, son of the yard owner. “When the boat came back in, we cut it just forward of the engine room, rolled the two sections apart and welded it in.”

He remembers how the sun’s heat made the bare and painted metal expand at different rates. “You had to weld during certain time periods – early in the morning or late at night,” says Kirtland.

The result of the extension was a huge new seven-metre full-beam master stateroom, an extra salon and one further cabin – pushing the charter capacity to seven staterooms. During this refit, the boat’s colour was also changed from white to taupe. “No one had really done it before and it was gorgeous,” says Elliott. By 1983, Powers was bankrupt and the yacht was sold on again. She next shows up named Edgewater .

Elliott’s chance came in 1989. He was working for the established yacht owner Bernie Little, who ran a hugely profitable distribution business for Bud brewer Anheuser-Busch. “Bernie Little had always wanted to own the boat,” Elliott says. “He loved it. He bought it sight unseen – and I started a huge restoration programme, including another extension to put three metres in the cockpit.”

It was a massive task, undertaken at Miami Ship. “We pulled out all the windows, re-chromed everything, repainted – brought it back to life,” says Elliott. They also cut out old twin diesels from GM and replaced them with bigger CAT engines, doubling her horsepower to 800. “Repowered, she could cruise at up to 20 knots. She was long and skinny, like a destroyer.”

A smart hydraulic feature was also brought to life for the first time. Under two of the sofas in the main stateroom were hidden 3.6m x 1.2m glass panels giving a view of the sea under the boat. At the push of a button, the sofas lifted up and mirrors above allowed you to gaze at the seabed – from the actual bed.

Now called Big Eagle , like all of Little’s boats, she was a charter hit and her top client was a certain New York financier named Jordan Belfort. He fell in love with her and begged Little to sell to him. But he needed to secure financing, and in 1995, Little agreed to hold a note on the boat for a year if Mark Elliott stayed on as skipper.

With the boat rechristened Nadine after his wife, Belfort set about another round of refit work, restyling the interior with vintage deco and lots of mirrors, extending the upper deck this time, and fitting a crane capable of raising and stowing the Turbine Seawind seaplane.

Nadine also carried a helicopter, a 10m Intrepid tender, two 6m dinghies on the bow, four motorbikes, six jetskis, state-of-the-art dive gear. “You pretty much needed an air traffic controller when all these things were in the water,” says Elliott.

Belfort’s partying was legendary and Elliott clearly saw eye-watering things on board, but as far as he was concerned, he was there to safeguard the boat. “When Jordan Belfort became the owner, he could do whatever he wanted. I was there to protect the note,” says Elliott. “He is a brilliant mind and a lovely person. It was just when he was in his party mode, he was out of control.”

Nadine and her huge cohort of toys and vehicles plied all the usual yachting haunts on both sides of the Atlantic. But Belfort’s love story was to be short-lived. Disaster struck with the boss and guests on board during an 85-mile crossing between Civitavecchia in Italy and Calle de Volpe on Sardinia.

What was forecast to be a 20-knot blow and moderate seas degenerated into a violent 70-knot storm with crests towering above 10.6m, according to Elliott. Wave after wave pounded the superstructure, stoving in hatches and windows so that water poured below and made the boat sluggish. By a miracle the engine room remained dry and they could maintain steerage way, motoring slowly through the black of the night as rescue attempt after rescue attempt was called off.

Nadine eventually sank at dawn in over 1000m of water just 20 miles from the coast of Sardinia. Everyone had been taken off by helicopter, and there was no loss of life. Captain Mark Elliott was roundly congratulated for his handling of the incident. “The insurance paid immediately because it was the storm of the century,” he says. “I took the whole crew but one with me to [Little’s next boat] Star Ship . That was my way to come back.”

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Jordan Belfort’s ex-wife tells the real story behind the yacht on The Wolf of Wall Street

The ex-wife of jordan belfort shed some light on the infamous scene.

Ben Thompson

Jordan Belfort's ex wife, Nadine Macaluso, has set the record straight about the scene in The Wolf Of Wall Street where Belfort splashes out and buys his wife a yacht on their wedding day.

I mean, when you have a lot of money , what better way to treat your new spouse after saying I do?

After their lavish wedding, Belford ( Leonardo DiCaprio ) covers Nadine's, or Naomi as she's known in the movie, eyes with a blindfold before revealing the huge yacht, which has been christened the 'Naomi'.

And Naomi (played by Margot Robbie ) cannot contain her excitement.

"Are you serious? A f***ing yacht?!" she exclaims.

However, it seems that the real Belfort wasn't very serious, as Macaluso revealed on TikTok that her ex-husband, who she was married to from 1991 to 2005, 'did not' actually buy her a boat on their wedding day.

She said: "Actually what happened I think we were married for a few years and we were always chartering yachts, because he loved to do that.

"And I had given birth to my beautiful daughter Chandler and he said 'I want to buy a yacht'."

However, this idea didn't sit well with Macaluso at the time.

She continued: "I said 'I don't think we should buy a yacht, we have a baby and I don't feel comfortable.

'She can't swim.'

"I had visions of her falling off the boat and I was actually terrified.

"I did not want to buy the yacht ironically. And he was like 'Nope, I'm buying a yacht and I'm calling it the Nadine'. And I was like 'Okay, here we go'.

"And you know how that went."

Macaluso's final line is a nod to a scene in the film, in which Belfort and Naomi need to be rescued from the yacht after it gets caught up in a storm.

This scene was indeed based on the real life sinking of the ship in June 1996, which resulted in a rescue by the Italian Navy Special forces.

The yacht was sunk after violent waves repeatedly hit it, but luckily everyone on board was able to escape the ship in time.

Macaluso has previously commented on the scene's accuracy , where she admitted in a TikTok video that the yacht sinking scene was 'totally true'.

Speaking of the memory, she said: "It was horrific, horrifying, we were in a squall for 12 to 18 hours and we lived, thank god, for my kids."

She even showed real life footage of her, Belford and their friends being rescued by the Navy.

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Jordan Belfort Yacht: The True Story and The Wolf of Wall Street Version

The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.

What happened to the Jordan Belfort yacht Nadine?

As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.

Before getting into the details of the sinking, it is worth noting that the 37m yacht had a long and interesting history. She carried renowned celebrities like Coco Chanel before reaching Jordan Belfort (played by Leonardo DiCaprio in the movie) and was one of the largest yachts in the East Coast’s waters.

While the yacht was initially manufactured for a French native and given the name Matilda, he backed out of the deal. This led Coco Chanel to buy the beautiful yacht with the low superstructure that Dutch yachts are famous for.

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The yacht took on different names as it passed through famous hands, even those of the murder trial acquitted Melvin Lane Powers. Belfort named the yacht after his wife and renovated it with the capacity to carry a helicopter, 6 Jetskis, 4 motorbikes, and much more. Under Belfort’s ownership, the yacht witnessed a series of wild parties that were like unlimited glamour and fun in a package until disaster struck unexpectedly.

Did the yacht scene in The Wolf of Wall Street actually happen?

The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie ) was changed in the movie. In reality, the yacht was named Nadine.

The movie further depicts Belfort’s helicopter getting thrown off the yacht by strong waves. In reality, the yacht’s crew went up to the deck and pushed off the helicopter so that Italian navy seals would have a space to land. The yacht’s itinerary was altered a bit by the movie’s director Martin Scorsese to add to the drama, though the power of the storm was scarily accurate.

Belfort admitted that the yacht’s captain Mark Elliot explicitly warned them not to sail to Sardinia on that fateful night. But according to the movie, there was a business opportunity in the city that Belfort could not bear to miss out on despite his wife’s protests.

Some sources claim that in reality, the passengers were simply eager to hit the golf course at Sardinia the next morning. They refused to pay heed to the captain’s warning and asked him to go through the storm, which eventually led to the famous Jordan Belfort yacht sinking incident. Therefore, unfortunately, if someone wants to have a yacht rental in Dubai or any other destination, they have missed their chance with this yacht.

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Interesting insights on the sinking as portrayed in the movie

The movie captures the fear and stress that each passenger felt when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober.

Several rescue attempts were made, but due to rising risks, each of them was called off. By some twist of luck, the yacht’s engine room remained mostly undamaged for a while, because of which they were able to make their way through the sea.

In the end, everyone survived the incident without any major injuries. At dawn, the Nadine made its way 1000m under the water only 20 miles away from Sardinia’s coast. Now, the movie’s audience gets to watch the Jordan Belfort yacht story unfold on the screen with a pinch of humor.

The Nadine’s captain Mark Elliot’s heroic actions did not go unnoticed. He was praised for leading all the passengers to safety, though he was able to get out of the yacht only 10 minutes before it sank. The captain also admitted that the insurance was granted immediately considering the ferocity of the storm. As for the yacht, many still wonder about the highly expensive equipment that had to be thrown into the water and is probably rusting away at the bottom of the sea.

The best features of the Jordan Belfort yacht Nadine

The 167 ft Nadine, as its former passengers claim, was a beautiful yacht. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.

Belfort decorated the Nadine lavishly with a variety of mirrors and set a vintage deco theme. He renovated the upper deck to fit a crane that was able to stow his Turbine Seawind seaplane. The yacht carried the best dive gear available in the market plus a variety of Belfort’s ‘toys’ such as his motorbikes and jetskis.

Which model was portrayed as the Jordan Belfort yacht Nadine in the movie?

Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine actually had a luxuriously vintage charm to it, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.

Jordan Belfort’s life today

The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now, at 59 years of age, has a practically negative net worth. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today.

It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.

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Dramatic video shows 130ft superyacht sinking off Italy coast after being battered in storm

Nine people rescued before boat went under, article bookmarked.

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Dramatic footage has captured the moment a 40-metre superyacht sank into the Mediterranean sea after being battered in a storm.

The 40-metre-long luxury vessel was sailing from Gallipoli to Milazzo overnight on Saturday when it got into trouble around 15km from Italy’s Catanzaro Marina.

Footage shows the yacht, named My Saga, rapidly disappearing beneath waves, as lifeboats appear to float beside it.

The captain sent out a distress call to the Port Authority of Crotone, with officials told the yacht was taking on a significant amount of water from the stern.

The Italian coastguard dispatched two patrol vessels and rescued all four passengers and five crew members on board.

A tugboat sent out at dawn was unable to save the superyacht from sinking because of worsening weather conditions, the Super Yacht Times reports. The Saga finally sank at around 1pm on Sunday.

The outlet reports the yacht, which was built in Monaco back in 2007, was flying under the Cayman Islands flag with an all-Italian crew when it sunk.

An investigation has been launched into the cause.

It comes after a £6 million superyacht sunk after it went up in flames in the UK on the Torquay harbourside.

The 85ft vessel was consumed by fire , with thick black smoking billowing into the sky.

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The yacht reportedly drifted out into the harbour after the fire burnt through ropes securing it to the pier, but the vessel was later secured by the fire service.

A fire service statement revealed that the vessel contained approximately 8000 litres of diesel fuel.

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kc135delta Member

I saw this m/y on another thread here and it peaked my curiosity. Very narrow beam, apparently extended a couple times and then it sank off the coast of france. Does anyone know where she was built? Specs? Engines? Any sister ships? And why did she sink?

Norseman Senior Member

And why did she sink? Click to expand...

captholli Senior Member

Built in Holland in one of the founding federation of ship builders that finally became the modern day two Feadship yards of Van Lent and DeVries. Believe she was launched as CoCo Chanel (not sure) than named Jan Pamela and "Jumbolized" or a mid section of 30' fabricated @ Merrill Stevens and installed in 1982. Sank while making passage from Naples to Sardinia as the loss has been well documented.

NYCAP123 Senior Member

Back at the time of her sinking I'd heard that a forward hatch blew open in rough seas and it was a done deal from there. They tried to jettison the toys to regain stability, but it was too little, too late.

K1W1 Senior Member

Hi, The Skipper of it when it sank is a well known and active character within the industry to this very day. I found this on another site. Nadine's sinking was indeed caused by the violent waves. A foredeck hatch was smashed, allowing water to flood the crew quarters and bringing the yacht down by the bow. This allowed more waves to break over the fordeck and they caused one of the large tenders carried there to shift, breaking one of the dining salon windows that overlooked the foredeck, which causing flooding on the maindeck. As if that wasn't bad enough, the violent motion of the yacht caused the swim platform to rip off the hull, allowing the lazarette to flood.

Ahh, now its coming back to me, The first lengthening was the 12' cockpit addition @ Merrill Stevens in 1980 the original machinery in place when launched was Detroit Diesel 12-71 naturals for mains and 6-71 gens. Mains replaced in 1991 with Cat 3412 and Gens replaced with N.L. -This work was also done by Merrill Stevens in Miami.

captholli said: Mains replaced in 1991 with Cat 3412 and Gens replaced with N.L. -This work was also done by Merrill Stevens in Miami. Click to expand...

C4ENG Senior Member

But then not to long after the Nadine sinking, Mr. Little hired that Capt to run Starship. Proved to be a good idea because that captain did an excellent job marketing the vessel for charter. I then felt fortunate enough to be there when Mr. Little did has last boat ride before departing for the big boat in the sky. We went to Freeport Bahamas Port Luycaya. The unique thing was, on that trip I never seen him happier.

Hi, Uncle Bernie as we used to call him was an outstanding Owner and one heck of a gentleman to work for or be associated with.

I was the Engineer from '80 to '84 when Mel Powers out of Dallas owned her as Jan Pamela and Norm Dahl was Capt. So I have first hand knowledge of what, when and where the cockpit and and mid section were added right down to a young Kiwi, Paul Solenicks contracted to provide the electrical work through his newly formed Co. Tess Marine. After Mel filed chapter 13 the boat went up for auction and the Whole crew went on to Empress Subaru.

nas130 Member

The autobiography "The Wolf of Wall Street" and "Catching the Wolf of Wall Street" both have some information about the sinking of the Nadine. The movie "Boiler Room" was allegedly the story of Nadines owner’s business on Long Island. I think the book about megayacht disasters also has some interviews with the captain and crew that were taken after sinking.

Hi, Captholli- Would your first name be Mark by any chance?

No, But enjoying the anonymity as you do "Kiwi" Cheers!

Hi, I asked because in 1984 I met a guy who was Chief on Empress Subaru and I thought his name was Mark Hollingsworth. He also got speared in the foot with a dart at a party I was at. By the way Paul Salenieks expanded his co - Tess Electrical Marine and sold it out to a multi national.

Neil Rooney Senior Member

Seawind with Allison C-18 I have been a passenger in that Seawind a few times. She was powered by an Allison C-18 Turbine with a cut down 3 blade prop. Quite a fast plane. The plane was in the USA when Nadine went down. Do read the account in "The Wolf OF Wall Street".

Benprez New Member

this boat was once owned by Jordan Belfort the wolf of wall street it sunk watch the youtube story jordan belfort yacht story

Hi, It had a few more interesting Owners as well. The late great Bernie Little and the infamous Mel Powers to name just two.

CaptTom Senior Member

Benprez said: ↑ this boat was once owned by Jordan Belfort the wolf of wall street it sunk watch the youtube story jordan belfort yacht story Click to expand...

stgeorge123 New Member

MY Nadine With the new movie 'The Wolf of Wall Strret' about to come out, I relooked at this thread and discovered it has never been clearly answered. The 'Nadine' was originally built at Niklaas Vitsen und vis in Aalkmar Holland circa 1962 for a wealthy French industrialist - she was floated as 'Mathilda' and retained this name until May 1977 when she was renamed Coco Chanel and crossed over to the US. She was originally fitted with GM Diesels and Mercedes gensets.The next time she was over in the Med, if my memory serves me right was in 1988 at the Cannes Film Festival, on charter having come across on Dock Express. Jordan Belfort was onboard with guests and full crew when she sadly sank off Corsica (all rescued fortunately) - theories and way she sank are numerous and probably mostly inaccurate, but I believe her length, by now 53 metres instead of the 40 metres she was originally built at, contributed. However, having sailed on this vessel as Ch.Off from 1970 - 1977, she should never have set sail in the weather conditions that day, which eventually were worse than forecast - whatever the Owner said!!

Hi, Mel Powers owned it when it was stretched by Merril Stevens in Miami. It lurked around the area for a few years and the late Bernie Little expressed an interest in it when it was called Jan or Jam Pamela and was laying at Merril Stevens in 1988. I was working for BLL on something else and was asked to go take a look. I next saw it when I was in Astilleros in Palma in the summer of 1989. Follwing this it was acquired by BLL and I worked on the refit when it was repowered with CAT 3412's and CAT Gensets in late 1992. The rest as they say is history - there are varying accounts of many historical events so this fits well.

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The true story of Wolf Of Wall Street’s yacht ‘Nadine’

Jordan Belfort’s antics are so legendary that sinking a multi-million dollar yacht is just another act of depravity that Martin Scorsese manages to weave among The The wolf of Wall Street grotesque film adaptation. Those who know the wolf of Wall Street book will have read Belfort’s account about it in more detail, but the backstory of the superyacht Nadine is a lesser-known tale with unexpected twists.

Despite Jordan’s notoriety for unbridled bacchanalia, Nadine was sunk by natural forces far greater than even the fiercest drinking bout he could muster. In the middle of a pedestrianized Mediterranean cruise, a storm unexpectedly turned into a raging storm with high winds and huge swells to send the pride and joy of the wolf into Davey Jones’ locker.

In fact, this type of storm is so specific that it has its own name. The mistrals get their name from the winds that blow from the French Alps into the Mediterranean. This convection cycle is caused by warm air rising from African deserts and colder air from the Alps rushing through the void for sustained round trips of 12 to 40 hours. Nothing like a strong relentless wind to generate a dangerous swell. And the kicker? Mistrals are difficult to predict.

RELATED: Asymmetric superyacht hits market for $ 47 million

En route from Riva de Travino to the island of Sardinia, off the west coast of Italy, what should have been a routine race (which usually takes around 7 hours) ended in the fiasco that International Yachts described as ‘Mayday in the Med.’

“When we set off,†said Captain Mark Elliot, “the forecast told us to expect wind and choppy but small seas. Knowing that this wouldn’t be an ideal crossing, the captain asked if the guests wanted to delay until the next morning. The answer was a definite ‘no’ as they were all eager to head to Sardinia for a round of golf the next morning. So, they cast off and set sail for another corner of paradise.

Hours later, the guests were enjoying the sunny afternoon weather of another dream day in the Mediterranean… when a rogue wave reached the bow and wheelhouse, inundating a hostess from head to toe. Immediately after this warning sign made contact, a transmission was received via radio warning of unexpected gale force winds in the area. The mistral had announced. The swell heights doubled, the winds intensified, and the shit became real.

However, before Belfort throws next-level parties aboard his elegant ship and charters it across the Mediterranean to Sardinia on that fateful day, Nadine had already lived many lives. In truth, the luxury yacht seen in The Wolf of Wall Street movie bears no resemblance to the period ship owned by Jordan Belfort. Scorsese hired a yacht called Lady M for these stages, which was originally built by Intermarine Savannah in 2002.

On the other hand, the real one Nadine (Where Mathilde as it was originally called), was built in 1961 and delivered by the Dutch shipyard Witsen & Vis for none other than fashion mogul Coco Chanel. At the time, Mathilde had five dark teak cabins, exceptional dining rooms and a helipad.

“At that time, it was the largest yacht on the East Coast,†recalls Captain Mark Elliot. “No one had ever seen anything like it.”

After Coco’s death in 1971 the yacht was renamed Jan Pamela by its new owner, Melvin Lane Powers. While not as decorated as his predecessor, Powers was a notorious and ostentatious Houston real estate developer known for wearing crocodile skin boots and driving a golden Cadillac after being acquitted of the murder of her lover’s husband. The New York Times described his 1966 trial as “one of the most spectacular homicide trials of all time.”

Powers ordered a huge refit and extension of the ship, but in 1983 it hit rock bottom and Jan Pamela was sold before being renamed Waterside . In 1989, it was Bernie Little’s luck, and he bought her sight without seeing her. She then underwent another refit, before becoming Great eagle under the command of Mark Elliot once again. In this form, she caught the attention of Jordan Belfort, who took possession of it in 1995. Of course, he had to undertake his own additions and renovations, before renaming the ship after his second wife, Nadine .

However, the reincarnation of this historic yacht as Nadine was to be short lived. After 35 years of leisure, sailing on the most beautiful coasts and welcoming the great names of the time, Mother Nature would have the last word.

Back in the Mediterranean, hours later, roaring gusts ripped the $ 100,000 tender from its tow lines. Captain Mark Elliot calls to abandon yacht, as turning point Nadine against the crashing waves would have courted disaster. Abandoning the course to try to outrun the mistral was out of the question for the same reasons. They are there now – every captain’s nightmare – with seventy knot winds and 35 foot ridges to negotiate.

Then, Nadine’s The moment of “perfect storm” pointed its formidable head. The huge wave crashes all over the ship, tearing off the hatches and deck fittings, triggering a death knell that can only end with a day of disaster. The remaining supply crashes into the dining room window, causing it to collapse wave after wave flooding the living room.

“I knew at that time that Nadine had received a fatal blow. Once I assessed the damage, I walked over to the deck and used the satellite phone to contact the Italian Coast Guard known as “Gruppo Marine Italian,†says Captain Elliot.

First aid stations. Guests are gathered in a secure central location and escorted one by one to their cabins to collect passports and any valuables that can fit in a small bag.

Half an hour later, a rescue helicopter attempts to bring down a diver to pick up guests. However, the gusts of wind turned out to be too violent, and after almost losing the said diver, the helicopter aborted. Imagine the heartbreaking feeling of those on board Nadine , as the Coast Guard abandon ship, defeated by the rampaging elements, and return to the safety of the coast as the sun sets below the horizon and night sets in.

Hurricane-force winds, severe flooding and a 15-meter-high sea are now pounding Italy’s shores in what will be known as the storm of the century. The situation is so tumultuous that when a large merchant ship attempts another rescue attempt a few hours later, it almost crashes in Nadine , before setting off again and again, abandoning the crew and the frenzied guests.

The liferafts are deployed as a precaution… until the roaring wind also tears them from the sea, leaving the crew completely stranded on board.

Below deck, the flooded kitchen has become an electrified death trap, and the chef and engineer receive jolts from the current before pulling the ass out of there to the (relative) safety above. It should be noted that this is probably around the time when a deranged and drenched Leo shouts at Jonah Hill with the unforgettable line: “Get the ludes downstairs!” I will not die sober! To have. The. Whore. Ludes! ”

Times of crisis. With no options left, Captain Elliot calls to throw the helicopter off the bridge to free up space for another rescue attempt. He unhooks the tie-downs and rolls the ship twenty degrees, throwing the expensive equipment overboard and into the Mediterranean, where its rusty skeleton undoubtedly lies to this day.

At around 5 a.m., the Coast Guard returned and began to hoist the guests, then the crew to safety in the reassuring light of dawn. The weather calmed down as the winds and waves calmed down, but the damage was done. The last to leave the ship he commanded for so many years, Mark Elliot takes stock of the wreck before finally accepting his loss, closing the engine room controls and seizing the buoy rescue package handed to him by the coast guard.

Nadine is swallowed up by the sea, just ten minutes after Captain Elliot left his decks.

While all the guests and the crew of 11 survive, the prestigious motor yacht and its collection of toys (including eight jet skis, four motorcycles, snorkeling gear, a helicopter and a seaplane) sink into the deep end. at the bottom of the Mediterranean, over 1000 m deep. the water.

“The insurance paid off immediately because it was the storm of the century,†said Captain Elliot.

Back on dry land, Mark Elliot was hailed as a hero after showing courage and leadership in such a dire situation. He was then offered command of Bernie Little’s famous yacht Vessel , and today works as a broker in Miami as one of the most experienced and capable men in the business.

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Jordan Belfort Yacht: The True Story and The Wolf of Wall Street Version

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The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.

Nadine yacht model

What happened to the Jordan Belfort yacht Nadine? As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.

Jordan belfort yacht sailing

Did the yacht scene in The Wolf of Wall Street actually happen? The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie) was changed in the movie. In reality, the yacht was named Nadine.

Interesting insights on the sinking as portrayed in the movie

The movie captured each passenger’s fear and stress when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober. Several rescue attempts were made, but each was called off due to rising risks. By some twist of luck, the yacht’s engine room remained undamaged primarily for a while, because of which they were able to make their way through the sea.

The best features of the Jordan Belfort yacht Nadine

The 167 ft Nadine, as its former passengers claim, was beautiful. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.

Which model was portrayed as the Jordan Belfort yacht Nadine in the movie?

Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine had a luxuriously vintage charm, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.

Jordan Belfort’s life today

The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now has practically negative net worth at 59 years of age. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today. It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.

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Meet the Real Wolf of Wall Street Superyacht Built for Coco Chanel

The yachting disaster is one of the most dramatic scenes in Martin Scorsese’s blockbuster The Wolf of Wall Street , and like many of the tales in the Leonardo DiCaprio flick, it’s based on a true story. In real life, predatory tycoon Jordan Belfort bought a yacht in 1993 called Big Eagle and renamed her Nadine , after his English-born second wife. The vessel had been built in 1961 by Witsen & Vis in Holland for fashion icon Coco Chanel, but had undergone many transformations by the time Belfort got his mitts on it. Originally 121 feet long, in the 1970s she was extended by nearly 15 feet, and in 1988 she was cut in half and had another 29-foot section grafted on, finally totaling 167 feet.

The luxury yacht used in Scorsese’s film actually bears little resemblance to the  Nadine , being a far more modern vessel. The director hired the 148-foot  Lady M , built by Intermarine Savannah in 2002 and refit in 2011, for filming. It features luxury accommodations for 10 guests, and a marble and granite interior with gold accents.

In Coco Chanel’s day the yacht was mainly used to cruise from Monaco to Deauville for the summer horse racing season. The real  Nadine  sank in 1997 during a storm off the east coast of Sardinia while crossing from Porto Cervo to Capri, much as the movie depicts. Belfort has said that his insistence on sailing in a storm caused the yacht to capsize. Luckily, everyone on board at the time was rescued by the Italian coast guard. 

Jared Paul Stern

Jared Paul Stern, JustLuxe's Editor-at-Large, is the Executive Editor of Maxim magazine and has written for the Wall Street Journal, New York Times, the New York Times' T magazine, GQ, WWD, Vogue, New York magazine, Details, Hamptons magazine, Playboy, BlackBook, the New York Post, Man of the World, and Bergdorf Goodman magazine among others. The founding editor of the Page Six magazine, he has al... (Read More)

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Italy's coast guard has released video showing a 131-foot yacht sinking in the Ionian Sea odd the country's south coast. All the passengers and crew were rescued. Aug. 23, 2022

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Video shows 40-metre superyacht sinking off Italy's Catanzaro coast

'my saga' sank on saturday while sailing from gallipoli to milazzo, italian local media reported, yacht sinks off the coast of italy.

A 40-metre yacht has sunk in the Mediterranean Sea after running into trouble about nine nautical miles (17 kilometres) off the coast of Catanzaro in Italy.

The My Saga , flying the flag of the Cayman Islands and with an Italian crew, sank at about 1pm on Saturday while sailing from Gallipoli to Milazzo, according to Italian media reports.

The Italian coastguard rescued nine people on board — four passengers and five crew — over two days, the report said.

The Crotone Port operations room received a report late on Friday that a vessel was taking on water, according to news outlet Catanzaro Informa .

A Romanian vessel patrolling on behalf of the European Border and Coast Guard Agency was sent to the site, along with another patrol boat.

The first four passengers and a crew member were rescued by the Romanian boat on Friday. The other four crew members, including the captain, were rescued at dawn on Saturday, the report said.

Difficult weather on Saturday and the yacht leaning on its starboard side made it too dangerous to bring in a tugboat to beach the vessel, which sank quickly afterwards.

The crew who were on board the tugboat were transferred to the coastguard patrol boat to be taken to Catanzaro Marina port.

An inquiry is to be launched to establish the cause of the sinking.

The My Saga was built in Italy in 2007 as Yuko , according to Super Yacht Times .

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Video captures 130-foot superyacht sinking off southern coast of Italy

A superyacht sank off the southern coast of Italy over the weekend of Aug. 20 in a spectacular capsizing captured on video and shared on Twitter by the Italian coast guard.

The video compilation shows the My Saga , a roughly 130-foot boat, struggling against the waves before slowly sinking into the water.

The yacht was sailing from the town of Gallipoli to Milazzo, Sicily, on Aug. 20, local news outlets reported, when it began to take on water and eventually sank some hours later about nine nautical miles off the port of Catanzaro.

All crew members and passengers were rescued and uninjured, the coast guard said on Twitter. It said it launched an investigation to determine what happened.

Nei giorni scorsi, la #GuardiaCostiera di #Crotone ha coordinato operazioni di salvataggio di passeggeri ed equipaggio di uno yacht di 40m, affondato a 9 miglia al largo di #CatanzaroMarina . Avviata inchiesta amministrativa per individuarne le cause. #SAR #AlServizioDegliAltri pic.twitter.com/kezuiivqsM — Guardia Costiera (@guardiacostiera) August 22, 2022

The My Saga first reported a problem on Aug. 20 after setting sail from Gallipoli , on Italy’s southeastern peninsula, according to the country’s National Associated Press Agency (ANSA). Patrol boats from the Italian coast guard in Crotone and the European Border and Coast Guard Agency (Frontex) were dispatched to the scene.

They found the ship taking on water from its stern. Five people — four passengers and a member of the crew — were initially rescued on a Romanian patrol boat acting on behalf of Frontex. They were then transferred to the coast guard boat and taken to Catanzaro.

According to an Italian official who spoke on the condition of anonymity to discuss details of an ongoing investigation, the My Saga flew a Cayman Islands flag and was owned by a Danish company. The group on board when the boat took on water included six Italian nationals, two Danish citizens and a South African national, the person said.

The owner contracted a towing company to attempt to rescue the ship, according to the official. A tugboat, the Alessandro Second, arrived and took the four remaining crew members — including the captain — onboard before beginning to tow the ship toward Crotone. But bad weather made the process difficult, as did the position of the yacht, which was tilted into the water.

Eventually, the tugboat abandoned the yacht, and it sank into the Gulf of Squillace. The coast guard took the remaining crew members to Catanzaro.

It’s not the first time a sinking yacht has captured attention on the internet. In May, rapper Cardi B posted footage on social media of a yacht sinking near her hotel while she was on vacation in an unknown location. The artist could be heard screaming as she asked whether there wasn’t a “big boat that could save it.” Eventually, she said “bye-bye” as it disappeared into the water. She later clarified that no one was onboard .

I can’t believe I’m actually watching a yacht sink pic.twitter.com/dLL3ZJJv9R — Cardi B (@iamcardib) May 28, 2022

The same month, passersby watched as another multimillion-dollar yacht, the Rendezvous, sank in Torquay Harbor, a marina in southwestern England, after a fire broke out onboard. Authorities warned of potential air and water pollution because the yacht carried about nine metric tons of diesel.

And earlier this month, the 145-foot Aria SF caught fire off the Balearic island of Formentera in Spain in an incident that was also captured on camera and shared widely on social media. Those onboard were evacuated, and no one was hurt, the Guardian reported . The roughly $23 million yacht had reportedly just been delivered to its owner.

Chico Harlan contributed to this report.

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NADINE yacht NOT for charter*

50.5m  /  165'8 | witsen & vis | 1963.

• Amenities & Toys

Special Features:

• Sleeps 10 overnight
• Able to access shallow bays and coves

The 50.5m/165'8" motor yacht 'Nadine' (ex. Mathilde) was built by Witsen & Vis .

Guest Accommodation

Nadine has been designed to comfortably accommodate up to 10 guests in 5 suites.

Range & Performance

Nadine is built with a steel hull and steel superstructure, with teak decks. Her low draft of 2m/6'7" makes her primed for accessing shallow areas and cruising close to the shorelines.

*Charter Nadine Motor Yacht

Motor yacht Nadine is currently not believed to be available for private Charter. To view similar yachts for charter , or contact your Yacht Charter Broker for information about renting a luxury charter yacht.

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'Yacht Charter Fleet' is a free information service, if your yacht is available for charter please contact us with details and photos and we will update our records.

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Here are a selection of superyachts which are similar to Nadine yacht which are believed to be available for charter. To view all similar luxury charter yachts click on the button below.

45m | Lurssen

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The Classic Yacht Nadine

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Embark on a unique luxury experience aboard our Classic Yacht Nadine. Whether you’re a couple seeking romance or a family looking for adventure, relish in the delightful stroll down the marina pontoon and step into your charming Waterside Residence.

Our Ships’ Manager will warmly welcome you in the private car park and guide you to the Yacht, providing a brief tour on how to enjoy the Hot Tub and use the kitchen. Afterward, you’ll have uninterrupted time for your holiday booking.

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5th Moscow Boat Show, March 20-25, 2012

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Written by Zuzana Bednarova

The 5th edition of the International exhibition of yachts and boats –  Moscow Boat Show , held from March 20 to 25, 2012 will be hosted by the first pavilion of Crocus Expo International Exhibition Centre. This popular show is dedicated not only to the specialists of the market segment and professional sportsmen but also to those who consider sailing sport to be their hobby and well cherished dream.

The project is the result of joint efforts of the Crocus Expo International Exhibition Centre and the National Marine Industry Association. The event is supported by Aston Martin Moscow, Burevestnik Group logistics department and the Yachting specialized magazine. Moscow Boat Show is the largest project in Russia presenting all the best in the world of yachting.

The exhibition annually shows high level of attendance and has already proved as significant and noteworthy event in the world of yachts and boats. Every year new exhibitors join the list of participants, genuine “sharks” of yachting business, the quantity of visitors considerably increases and the exposition becomes more sated and diverse.

The best companies professionally involved into yachting and small navigation business – 180 exhibitors from 17 regions of the Russian Federation and 15 countries traditionally presented the best and the newest in the world of yachting at 2011 edition: from design and facilitation of vessels and up to cruising and training courses for beginning skippers. In 2011 the overall exhibit space comprised 18 000 sq m. More than 25 000 visitors came to the show.

This year the exposition space will increase up to 30 000 sq m and will be accommodated in 4 exhibition halls. The scale of the project confirms confident positions of its positive development. The organizers will try to arrange a genuine fiesta of water on land!

Quite a number of foreign exhibitors will participate in the show. Foreign companies show increasing interest to yachting business in Russia.

Moscow Boat Show provides the perfect platform from which to preview new products, evaluate market trends, and establish long-lasting and commercially profitable partnerships. Despite the dynamic changes taking place in Russia and the rapid growth of the yachting sector, the show continues to complement and reflect the industry’s demand and is a promotional opportunity not to be missed!

As its popularity and success rate has grown over the last years Moscow Boat Show 2012 has developed to incorporate more than just an exhibition. These special events serve to attract leading exhibitors and visitors and allow all participants the chance to broaden their knowledge and of course their sales potential.

Moscow Boat Show helps representatives of yachting business to get acquainted with their Russian colleagues and gradually improves national yachting market to a new level. It is obvious that for 4 years of its running the project has turned to a status event of the international exhibitions calendar. The organizers of the exhibition aim to bring together on the same platform all key national and worldwide players and to offer an excellent platform to encourage networking among specialists and visitors in order to accelerate the development in this field as well as implementing new technologies, the newest equipment, materials and components.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "5th Moscow Boat Show, March 20-25, 2012".

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