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Who Owns Which Superyacht? (A Complete Guide)

that's life yacht owner

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

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

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

Table of Contents

Short Answer

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

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

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

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

Overview of Superyachts

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

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

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

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

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

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

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

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

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

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

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

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

Who are the Owners of Superyachts?

that's life yacht owner

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

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

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

However, not all superyacht owners are wealthy.

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

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

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

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

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

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

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

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

The Most Expensive Superyacht in the World

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Notable Superyacht Owners

that's life yacht owner

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

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

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

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

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

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

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

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

What Amenities are Included on Superyachts?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

How Much Do Superyachts Cost?

that's life yacht owner

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Keeping Superyachts Out of the Public Eye

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

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

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

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

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

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

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

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

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

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

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

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

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

Final Thoughts

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

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

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

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

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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Boat of the Week: Inside ‘Secret,’ the Lavish 271-Foot Superyacht Owned by Walmart Heiress Nancy Walton Laurie

Walmart heiress nancy walton laurie's 271-footer has an eclectic interior of black and gold, along with splashes of red, as well as other, well, secrets., julia zaltzman, julia zaltzman's most recent stories.

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Secret is a boat owned by the Walton family of Walmart

It would take the sale of approximately 5.75 million HP ink cartridges to fund the $92 million purchase of superyacht Secret , currently listed for sale with Burgess. The ink cartridges were one of Walmart’s top-selling products in 2021, and might well have contributed to a successful year of yachting for Secret ’s owner, Walmart heiress and philanthropist Nancy Walton Laurie.

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As the largest yacht on display at last month’s MYBA Charter Show in Barcelona, and one of three yachts reportedly owned by Laurie, the 271-foot beauty built by Abeking & Rasmussen in 2013 provides some insight into the family’s tastes and preferences.

The main salon’s bold color scheme by interior designer Jim Harris mixes pillar-box red sofas and carpets with ornate gold wall art. It’s a brave step change from the neutral beige and gray tones often selected by owners, typically with resale value in mind.

Secret is a boat owned by the Walton family of Walmart

Courtesy Burgess

The designers also moved the formal dining room to the upper deck, leaving a large entertaining space to watch sports and socialize. A monochrome marble bar with a glass backdrop, views to the main deck aft and an onboard mixologist all help to set the tone. When it comes onboard socializing, Secret pulls no punches.

Guests arrive via the lower deck beach club or the main deck side entrance, where luggage can be ushered into the color-coded lower deck guest cabins. There are some unusual perks to being a guest aboard Secret . Heated bathroom floors feature across all guest suites, while guest mattresses are singles that zip together into doubles for greater flexibility.

The upper-deck, full-beam master suite, named Chanel to reflect the black-and-champagne silk color scheme, is highly personalized. Separate his and her en suites have their own amenities: Hers has a full-sized bath, and his has higher countertops to accommodate former basketball player and owner Bill Laurie’s 6’ 4” height. Both have steam showers. The private office is considerably smaller than the VIP office to accommodate the owner’s request for an oversized walk-in wardrobe.

Secret is a boat owned by the Walton family of Walmart

The most surprising area on board is the “Valentina” main deck VIP guest suite, named after the Valentina-inspired white spiked headboard. The master has sea views and a private terrace, but the full-beam VIP, decorated and claimed by Laurie’s adult daughter when her family is on board, is arguably the superior option. It shares the same footprint as the master but enjoys a greater attention to detail. The ensuite, decorated in black-and-white stripes, has two day heads—one with bidet—and a central wet room fitted with a shower and full-sized bathtub.

The monochrome décor is echoed throughout the yacht, from the upper-deck sky lounge to the guest hallways. In the 12-person cinema, red Porsche leather armchairs are mirrored in the leather ceiling panels. The dedicated treatment room enjoys an onboard beautician and masseuse who specializes in hot Swedish massage.

A glass elevator connects the lower deck to the bridge deck, where an indoor glass-fronted gym and outdoor pool are located. For sundown soaks, the sun deck Jacuzzi ticks the box.

Secret is owned by a member of the Walton family that owns Walmart

The regal salon.  Courtesy Burgess

Last refitted in 2018, the yacht started out life at 256 feet, with an additional 16 feet added to accommodate the owner’s choice of an aft deck dining table. It’s the preferred space to enjoy buffet-style breakfasts, protected from view by high bulwarks. Further al fresco dining for 14 people is available on the lower deck beach club, where a “dining under the stars” themed evening sees guests enjoy meals at the water’s edge beneath a blanket of twinkling LEDs and real constellations above.

For families and guests with a competitive spirit, the beach club, equipped with changing rooms and rain showers, is the center of watersports action. A serious collection of toys, including kneeboards, flyboards, trampolines and towables are matched by an inflatable assault course erected by the crew for “Sports Olympics.” The addition of a female water-sports instructor has proven popular with charter guests.  When the weather’s bad, the karaoke system comes to the rescue.

Secret is a boat owned by the Walton family of Walmart

The main dining area was moved to the upper deck for a view and access to the outdoors.  Courtesy Burgess

It’s no secret that smaller yachts in the 190-foot size range are proving more popular on the global charter market at present, preferred for their ability to access smaller ports and anchor close to shore. But Secret pulls out all the stops for guests looking to enjoy time aboard a yacht maxed out with amenities and personality, provided in a covert setting. All in all, definitely worth the printer cartridges.

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Secret is a boat owned by the Walton family of Walmart

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That's Life Charter Yacht

Private YACHT

NOT FOR CHARTER*

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That's Life

  • Amenities & Toys

THAT'S LIFE yacht NOT for charter*

38.74m  /  127'1 | custom | 2009.

Owner & Guests

Cabin Configuration

  • Previous Yacht

Special Features:

  • ABS (American Bureau of Shipping) classification
  • Sleeps 10 overnight
  • Shallow draft and fast speeds for reef exploration

The 38.74m/127'1" gulet yacht 'That's Life' was built by Custom .

Guest Accommodation

That's Life has been designed to comfortably accommodate up to 10 guests in 5 suites comprising one VIP cabin. She is also capable of carrying up to 7 crew onboard to ensure a relaxed luxury yacht experience.

Onboard Comfort & Entertainment

Her features include WiFi and air conditioning.

Range & Performance

That's Life is built with a mahogany hull and mahogany superstructure, with teak decks. That's Life comfortably cruises at 10 knots, reaches a maximum speed of 13 knots. Her low draft of makes her primed for accessing shallow areas and cruising close to the shorelines. She was built to ABS (American Bureau of Shipping) classification society rules.

Length 38.74m / 127'1
Beam 8.6m / 28'3
Draft -
Cruising Speed 10 Knots
Built
Builder Custom
Model Custom

PRIVATE YACHT - "That's Life" IS NOT FOR CHARTER

Sorry, motor yacht "That's Life" is a strictly Private yacht and is NOT available for Charter. Click here to view similar yachts for charter , or contact your Yacht Charter Broker for information about renting another luxury charter yacht.

"Yacht Charter Fleet" is a free information service, if your vessel changes its status, and does become available for charter, please contact us with details and photos and we will update our records.

That's Life Photos

That's Life Yacht

NOTE to U.S. Customs & Border Protection

NOTE TO U.S. CUSTOMS & BORDER PROTECTION

Due to the international and fluid nature of the yachting business and the fact there is no global central industry listing service to which all charter yachts subscribe it is impossible to ascertain a truly up-to-date view of the market. We are a news and information service and not always informed when yachts leave the charter market, or when they are recently sold and renamed it is not clear if they are still for charter. Whilst we use our best endeavors to maintain accurate information, the existence of a listing on this website should in no way supersede official documentation supplied by representatives of a yacht.

Specification

M/S That's Life

Length 38.74m / 127'1
Builder
Built | Refit 2009
Model Custom
Beam 8.6m / 28'3
Draft -
Cruising Speed 10 Knots
Top Speed 13 Knots

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THAT'S LIFE

2009   custom    127ft  /  38.7m.

Unavailable

Saloon

THAT'S LIFE private yacht

The luxury sailing yacht THAT'S LIFE is a private yacht and is not available to charter.

THAT'S LIFE was built by Custom and delivered to her owner in 2009.

THAT'S LIFE can accommodate 10 guests in 5 cabins consisting of a primary suite with a king size bed and en-suite bathroom facilities, 2 cabins with a king size bed and en-suite bathroom facilities, a cabin with a single bed and a pullman bed and en-suite bathroom facilities and a cabin with a twin bed and en-suite bathroom facilities.

Amenities on board include Air Conditioning, Outdoor shower, Light fishing gear, Games console, Indoor audio system, Outdoor audio system, Satellite TV, TV all cabins, TV saloon and Wi-Fi.

An extensive list of further amenities and water toys can be seen under the features and amenities section.

You can view alternative similar sailing yachts for charter , or alternatively contact your Yacht Charter Broker for information about renting an alternative luxury charter yacht.

  • Air Conditioning
  • Outdoor shower
  • Light fishing gear
  • Games console
  • Indoor audio system
  • Outdoor audio system
  • Satellite TV
  • TV all cabins
  • Jet Ski (standup)
  • Paddleboard
  • Water skis - adult
  • Snorkeling Gear
  • Zodiac 115hp

Destinations

that's life yacht owner

Frequently Asked Questions

How many guests on board that's life.

THAT'S LIFE can accommodate 10 sleeping guests on board in 5 cabins.

Legal Disclaimer

Sailing Yacht THAT'S LIFE is displayed on this page for informational purposes and may not necessarily be available for charter. The yacht details are displayed in good faith and whilst believed to be correct are not guaranteed, please check with your charter broker. Charter Index does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information or images displayed as they may not be current. All yacht details and charter pricing are subject to change without prior notice and are without warranty.

U.S. Customs & Border Protection

The yachting industry has no global listing service to which all charter yachts must subscribe to, making it impossible to ascertain a truly up-to-date view of the market. Charter Index is a news and information service and not always informed when yachts leave the charter market, or when they are recently sold and renamed, it is not always clear if they are still for charter. Whilst we endeavour to maintain accurate information, the existence of a listing on Charter Index should in no way supersede official documentation supplied by the representatives of a yacht.

Specification

Yacht nameTHAT'S LIFE
Speed (cruising)18.5kph / 10kn
Speed (max)24.1kph / 13kn
Engine2x 425hp Volvo Penta
HullMonohull
FlagUnited States
Launched2009
BuilderCustom

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36-metre moonen yacht brigadoon

Owner's logbook: the satisfaction of building an innovative boat, and tips on how to keep good crew

Every month, superyacht owners reveal where they are in the world and share their future plans. This month, BOAT speaks to the owner of Brigadoon about the importance of keeping crew happy, while the owner of Milele talks about owning the only superyacht in the world with a carbon-fibre Hull Vane.

Mike Fisher, owner of Brigadoon

Length: 36.3m Year: 2018 Location: Mallorca

Have you managed to escape the British weather? Yes, we’re down on the boat in Mallorca for a few days. The June weather in London was too depressing. We do lots of long weekends on the boat at this time of year. That’s the beauty of keeping her in Mallorca – it’s so easy to get here and get away. 

If the wind is blowing from the east, we’ll hide in the west and if it’s blowing from the north, we’ll go south. Right now we’re anchored in a little bay on the west coast, so we get up early and go for hikes in the woods. If we’re in the south, we might go into Palma and in the north we like to explore the little villages, especially on market day. We know the island so well and keep our time here very flexible.

When will you get to spend longer on board? We’ll start in mid-July and probably head over to Sardinia and Corsica. August in the Med is an absolute killer for us – it’s too hot. We were in Malta last year in August and it was over 40°C, which meant we couldn’t spend too much time outside. So you’re cooped up inside in the air conditioning, which defeats the whole point of being on the boat; I hate being stuck indoors. 

We love that little bit of water between Sardinia and Corsica and all the tiny little islands off mainland Italy. When we’re in Sardinia we tend to head south as it’s a bit quieter and more rugged.

Is Brigadoon still ticking all your boxes? You know, it is. She has a fantastic captain and crew, who keep the boat in tip-top condition. My company, Studio Indigo , is involved in the whole Moonen Martinique series and it’s interesting to see the new ones hitting the water. It’s a great platform – like a little Feadship . That’s the kind of quality they’re achieving, and reliability is first class.

What’s your secret to keeping great crew? Crew will always be seduced by bigger boats and tips, and more exotic locations, but we try and maintain an open, healthy culture on board, so people tend to stick around. It’s not the biggest boat – there’s nowhere to hide really, so we have to make sure we employ only nice people and we have to be nice in exchange. Everyone gets on and we make sure to involve the crew in the life of the boat.

Every weekend we’ll have a guest and crew breakfast where we make a big fry-up. We’ll also have a barbecue once a week for everyone. When we have parties on board, the crew will get dressed up and join in. We have a big party box that everyone dives into! We try to explain to people that they might get more money on a bigger boat, but they won’t have the same experience. It also helps that we have a very strong leader in our captain, who runs the boat incredibly well.

Owner of Milele

Length: 45.2m Year: 2023 Location: Ostia, Italy

Congratulations on your World Superyacht Award ! I was honoured to receive the prize. I dedicated so much time and money, and everyone who has been on board has been very complimentary. And of course, there’s a certain self satisfaction. You say to yourself, “OK, you didn’t do such a bad job!” 

I started thinking about the boat in around 2017. I knew Peter Hürzeler from Ocean Independence and he introduced me to Van Oossanen Naval Architects and Omega Architects , who I felt very comfortable with, and we started from there.

Which boats have you owned previously? I started with a Pershing 72 and then bought a Pershing 82. I’ve always loved that kind of sporty style, which is why Milele is styled the way she is.

There are quite a few innovations on board. Whose idea were they? I always wanted the boat to reach a good top speed – she can do over 25 knots. We investigated a Hull Vane – a wing that sits below the waterline aft of the props – but it was in steel and we couldn’t figure out how to get the boat to the speed I wanted. 

Then I suggested to Van Oossanen to build it out of carbon fibre, and so we tried it and we now own the only superyacht in the world with a carbon-fibre Hull Vane. We saved about five tonnes of weight doing this. According to the captain, the consumption is very low for a boat of this length and it’s very stable as well.

Meanwhile, did people think you were crazy when you said you wanted a submarine in the bow? No one could quite believe it, but it was important to me. My wife loves to dive but I cannot because of issues with my ears. I want to see what she’s seeing beneath the water so a submarine was essential. We looked around and spoke to Triton Submarines and U-Boat Worx. 

We eventually went with U-Boat Worx because they redesigned one of their subs in three months to specifically fit into Milele ’s boat garage. Frank Laupman did all the spatial arrangement, and this is really the smallest sub for two people you can get. From the outside you would never imagine there’s a submarine there.

How much time have you managed to spend on board? We were in Malta for about four weeks last summer because the crew had to sort out the certification for the submarine, and then from there we went to Sardinia and Portofino, exploring the Italian coast, as well as Mallorca and Barcelona.

This season we picked up the boat in San Remo and went to Saint-Tropez, Monaco and Genoa. We’ll get back on board in July and August and head to Croatia and spend September in the Greek islands. We will spend a lot of time on the boat this year.

What about your longer-range plans? For 2025, we were considering getting out of the Med via the Suez Canal and Red Sea, but it’s not so easy, so we’ll go out via Gibraltar and spend some time up in Denmark and Norway before crossing the Atlantic from there. As long as I’m healthy and fine and we have the right crew, we’re going to keep exploring.

First published in the August 2024 issue of BOAT International. Get this magazine sent straight to your door, or subscribe and never miss an issue.

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Who Owns Superyachts In 2023 —And What Does That Mean For You As Crew?

Where once oligarchs, oil tycoons, royals and old money ruled the roost in the yachting world, tech billionaires have increasingly dominated the superyacht market. Who are these people — and more importantly — what does their different style of ‘yachting’ mean for you as crew?

that's life yacht owner

The list of tech billionaires (at least, the list we know of) is long and getting longer by the year. And as their wealth grows, so does the size of the boats they own!

Jeff Bezos, Larry Ellison (Musashi), Charles Simonyi (SKAT), Sergey Brin (Dragonfly), and Larry Page (Senses) are just some of the tech billionaires known to own a superyacht. Mark Zuckerberg, meanwhile, is rumoured to own Andromeda.

While we can only speculate on how these exact individuals use their yachts or what they are like onboard, some general traits might set the tech billionaire yacht owner out as using their yachts differently than generations of yacht owners before them.

Overall, tech billionaires are often younger, more adventurous and less hidebound regarding old rules and service styles. Here are a few general trends we can assume.

They want to eat well, but less fussily, and with a greater premium on health.

that's life yacht owner

Where silver service, ultra-decadent meals, and mountains of wasted food were — and often still are— preferred by old-money yacht owners and charterers, the modern tech billionaire is more likely to be health-conscious and eat food that is plated rather than buffet style or silver service. Yacht chefs now need to be more skilled in special diets, such as plant-based or keto, and offer a broader range of cuisines.

They want to WORK.

Superyachts used to be for holidays only. This was partly by necessity —the lack of connectivity meant that work went on the back burner for summer months as guests swanned around the Mediterranean. Now, the extraordinary technological strides on board allow yacht owners to have offices where they can work anywhere in the world.

They want to go far beyond the milk run.

that's life yacht owner

While anchoring off St Tropez or Cap Ferrat for weeks in August will always be in style, there has been an explosion in remote cruising, often fuelled by this younger, more adventurous set of yacht owners who can work from anywhere- Antarctica to Alaska and beyond.

This has fed into the next point…

A desire for adventure and exploration has changed yacht design.

As younger, more adventurous owners like tech billionaires have joined the superyacht market, the design of yachts and the toys they carry have changed markedly. New types of vessels have been created to meet this desire for off-the-beaten-track cruising, from support yachts to water toys to the massive growth in explorer yachts. Gone are the days when one yacht layout was almost identical to another. Now, we have winter gardens, submarines, ice rooms, ski rooms, large onboard offices, and helicopter hangars.

Not all of these changes have been driven by tech billionaires, granted. Still, their vision of what is possible has dramatically changed what yachts look like and how they operate as machines, with new types of propulsion, greater ranges, and a considerable amount more tech onboard.

Some things never change.

One thing hasn’t changed, though—a wealthy person’s desire for privacy. Discretion remains perhaps the most essential trait in any crew member, which you must keep in mind when working on yachts —even in the day of constant social media and shows like Below Deck.

A wealthy person’s desire for privacy and discretion is a constant that crew forget at their peril. Are you ensuring that you are a trusted asset? You may have signed that NDA, but do you let stories slip now and then at the bar? Are you careful about not taking photos onboard that give away anything about the boat or the owners? Do you make sure you don’t share the yacht’s cruising plans?

In a world where stories about tech billionaires will fly around the globe at light speed, you must be the gatekeeper. Stories cannot leave the passerelle.

that's life yacht owner

Contact information

Sharon Rose

Navigating Success: Superyacht Industry Unveils Career Roadmaps with ’Raising the Bar’

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Raising the Bar, a distinguished think tank comprised of experts from across the superyacht industry, is thrilled to announce the official launch of Superyacht Industry Careers. This groundbreaking initiative, developed through voluntary collaboration and graciously hosted by the Superyacht Alliance for Professional Standards, aims to provide comprehensive career maps tailored for superyacht crew across all departments.

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AR rifle used in Trump shooting from company with winding history, campaign visit

Portrait of Nick Penzenstadler

The man who shot former president Trump on Saturday reportedly used a DPMS-brand AR rifle purchased by his father.

That brand is now owned by the parent of South Carolina-based Palmetto State Armory, which Trump himself visited during a campaign stop in 2023 — taking photos with the owner and admiring a Glock handgun with his face engraved in the grip.

At the time, a Trump spokesman said the former president purchased the gun, which could have been illegal because he was under indictment last fall. Hours later, the spokesman clarified that Trump stopped short of completing the gun transaction.

A similar DPMS AR chambered to shoot 5.56 ammunition was one of the rifles used in the 2015 San Bernardino terrorism attack where a married extremist couple targeted a Christmas party at a banquet hall, killing 14 and wounding another 22.

Details about the rifle used Saturday have been slow to emerge as the FBI examines the weapon , officials told Fox News , but the company behind the named rifle has a long history, including being bought and sold several times recently.

DPMS stands for Defense Procurement Manufacturing Services. Founded in 1985, it was a defense contractor started by Randy Luth. Under Luth, the St. Cloud, Minnesota-based company was a fast-growing manufacturer of AR parts that eventually developed Panther Arms brand of firearms.

Weapons experts worldwide have suggested since Saturday that the AR used Saturday was a poor choice for effective long-range shooting. The shooter was perched on a rooftop approximately 150 yards away from the podium where Trump was speaking. It’s unclear if he used any optics to magnify his perspective.

Former Navy SEAL sniper and author Brandon Webb said a well-trained shooter would nonetheless have been much more accurate.

“At 200 yards, anyone trained on a rifle can shoot a golf ball repeatedly and a trained sniper knows this is an easy headshot, a tap in golf putt, even with iron sights,” Webb said in his “after action report” about the shooting.

About the DPMS AR rifle

Federal officials investigating the shooting said the AR rifle was “nothing special” since the ubiquitous rifles have taken on a standard look and shooting characteristics.

It has an average muzzle velocity around 2,800 feet per second — nearly three times the speed of sound, so bullets flying nearby sound like snaps or miniature sonic booms.

The rifles are roughly 32 inches long, including the stock, and weigh about 6.8 pounds. Most weapons in this line are replicas of the Army’s M4 in semi-automatic form. They’re all lightweight, gas-operated, air-cooled and magazine-fed weapons.

AR originally stood for “ArmaLite Rifle,” back when it was developed in the 1950s by a company for the military. Colt purchased the patents for AR-15, which has since expired. Clones of the AR platform are widely sold by dozens of brands in various calibers.

DPMS' current version of that AR sells for roughly $800.

Since the 2000s, DPMS has taken several forms and relocated manufacturing from Minnesota to Alabama in 2014.

Luth sold his company to a consortium of other firearms groups known as Freedom Group in 2007 – a group owned by private equity firm Cerberus. That firm combined with Remington Outdoor Company, which then went through a bankruptcy and then a massive lawsuit filed by the Sandy Hook shooting families.

In 2020, Remington’s bankruptcy auction sold DPMS to JJE Capital Holdings, which is owned by Jamin McCallum. JJE Capital's flagship brand and store is Palmetto State Armory brand in South Carolina.

John Roberts, chief legal officer at JJE Capital, confirmed the company acquired the DPMS name and intellectual property in 2020 and pointed out the firearm in question was likely manufactured and sold years before that change of ownership.

"JJE Capital did not manufacture or sell the firearm allegedly used and neither JJE Capital nor any of its affiliated entities own or have any direct or indirect affiliation with the manufacturer of that firearm," Roberts wrote to USA TODAY. "Like the rest of the nation, we condemn this senseless act of violence, and we are praying for President Trump, the other victims, and their families."

Weapon is banned in some states

Democrats in Colorado have attempted to ban semi-automatic rifles for years with a bill that lists a variety of AK and AR variants including: DPMS tactical rifles. The Illinois assault weapons ban also specifically calls out the DPMS rifles and, in July, the U.S. Supreme Court rejected a challenge to that ban.

Currently, 10 states and the District of Columbia ban some type of assault-style weapons. Others limit large-capacity magazines.

Palmetto State Armory and DPMS posted on social media recently that they had filed amicus briefs to the U.S. Supreme Court defending the use of bump stocks.

Gun violence prevention groups like Everytown groups on the Trump shooter's gun apparent tie to Palmetto State Armory this week.

“When the gun lobby and gun industry act with impunity, no one — not even the former president — is safe," said Nick Suplina, senior vice president of law and policy at Everytown. "Palmetto State Armory has admitted that its goal is to make assault weapons commonplace in America, even though we know that a ‘guns everywhere’ agenda puts our communities at risk, as demonstrated by the shooting at the Trump rally last weekend."

Experts speculate why shooter missed Trump

Webb, the Navy SEAL, speculated that the 5.56 x 45 mm NATO ammunition the shooter used was highly susceptible to variations in wind and humidity.

“If the shooter sighted in the rifle in the spring and shot in the summer, the bullet impact could be up or down, left or right by two to three inches because of the hotter temps and faster velocity of the round,” Webb said. “This may have saved Trump’s life.”

Guy McCardle, an Army veteran, suggested that a combination of poor marksmanship, nerves, heat and the prone firing position likely contributed to the shooter missing Trump .

“If the shot would have hit the former President in the temple area, the results would have most likely been fatal,” McCardle said. “Snipers, however, don’t tend to aim for the head because it’s a relatively small target that bobs around a lot. They shoot toward the center of mass as that is where most of our vital organs are located.”

Nick Penzenstadler is a reporter on the USA TODAY investigations team, focusing primarily on firearms and consumer financial protection. Contact him at [email protected] or @npenzenstadler, or on Signal at (720) 507-5273.

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    17 July 2024 • Written by Grace Trofa. Every month, superyacht owners reveal where they are in the world and share their future plans. This month, BOAT speaks to the owner of Brigadoon about the importance of keeping crew happy, while the owner of Milele talks about owning the only superyacht in the world with a carbon-fibre Hull Vane.

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