who owns the fountainhead yacht

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FOUNTAINHEAD Yacht – Majestic $130M Superyacht

She was delivered in 2011 from Feadship featuring an interior design from Sinot Yacht Design and Axel Vervoodt.

She features naval architecture by De Voogt Naval Architects. There are not many details known about the interior or amenities of the impressively sized yacht, but she is a close match to her near sister ship MUSASHI, which also features design from Sinot Yacht Design.

The incredible vessel turns heads on the water for her striking good looks and sheer size on the water.

FOUNTAINHEAD yacht interior

The interior of the FOUNTAINHEAD Yacht is designed by Sinot Yacht Design and Axel Vervoodt . She can comfortably accommodate 14 guests in 7 suites.

Although she is a famous superyacht, very few details are known about her interior, and there are no known interior images.

She closely resembles her near sister ship MUSASHI, owned by Larry Ellison, who also features interior design from Sinot with a minimalistic interior style and hints of art deco.

Sander Sinot has a background in industrial design and understands how to bring together amazing design elements down to every detail on the vessel.

FOUNTAINHEAD was designed to offer a family home on the water with an inviting interior, gym, contraflow swimming pool, and plenty of water toys and tenders for guests to enjoy a fun time.

The FOUNTAINHEAD yacht features exterior design and naval architecture by De Voogt Naval Architects .

She was built by Feadship and delivered from their Koninklijke De Vries shipyard at Makkumin in 2011.

She is an XL Feadship Superyacht and was one of the largest models the shipyard produced in 2011.

She has a steel hull, and aluminum superstructure all in white and teak decks. The exterior is defined by window panels all around the yacht.

Specifications

The FOUNTAINHEAD yacht is an 87.78m yacht with a 13.9m beam and a 4.1m draft. The vessel can reach a top speed of 21 knots, with her 2 MTU engines maintaining a cruising speed of 15 knots.

FOUNTAINHEAD has a displacement of 2463 gross tons and an estimated range of 6000 nautical miles.

She is valued at approximately $130 million with an annual running cost of $10 – $13 million. The vessel is built to Lloyds Register Classification Society Rules.

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Miami Yacht Watch: The glorious Fountainhead returns

Not owned by Mark Cuban but Sears CEO Eddie Lampert

A post shared by Buster Bark (@busterbark) on Jul 9, 2017 at 8:12am PDT

Miami is a common host for extravagant yachts at all times of the year. Track these magnificent vessels and their outlandish toys with Miami Yacht Watch , which typically runs weekly on Curbed Miami.

The 288-foot Fountainhead, which has been mistakingly tied to Dallas Mavericks owner and Shark Tank star Mark Cuban as its proprietor, has returned to Miami from Port Everglades.

Currently docked at Island Gardens Deep Harbour Marina on Watson Island, the extravagant superyacht valued at an estimated $130 million actually belongs to billionaire Sears CEO Eddie Lampert, who apparently tells people — in jest — Cuban is the owner, according to the New York Post .

“The guy who owns the boat tells everyone that it’s mine,” Cuban told Page Six. “It’s so crazy . . . I don’t even own a boat.”

Heightening the false rumor is the fact Fountainhead features a basketball hoop on its aft. The yacht is somehow only the 72nd largest in the world, per Boat International . Fountainhead is equipped to house 14 guests and additionally includes a library, a recreation room, a full gym and health club, and a contra-flow swimming pool.

A post shared by Michael Lara (@surfhanalei) on Nov 4, 2017 at 11:53am PDT

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$130M megayacht owned by former Sears Holdings CEO visits Charleston Harbor

by Matt Dillane

CHARLESTON, S.C. (WCIV) — A very luxurious vessel made a stop in Charleston Harbor over the weekend.

Fountainhead, a megayacht owned by former Sears Holdings CEO and chairman Eddie Lampert, was spotted in the Lowcountry.

The vessel, which has an estimated value of $130 million, measures in with an overall length of 87.78 meters (288 feet) and has been in service since 2011.

• Special Message on Folly Boat: With a special message on the Folly Boat, a local veteran honors 9/11 first responders

According to Patrick Harwood, who provided pictures of the impressive vessel to ABC News 4, the yacht previously docked in Charleston back in 2017.

On the stern, the flag of the Cayman Islands, where the yacht is flagged, could be seen flying.

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That Yacht Docked in Boston Isn’t Mark Cuban’s, You Guys

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The ‘Fountainhead’ yacht is currently docked at Yacht Haven at Boston’s North End Waterfront. Photo courtesy of Monika Skole Fuchs.

The traveling sideshow that is the not-Mark-Cuban’s-yacht made its way to Boston this week.

The cruise-ship-sized vessel, named Fountainhead , has been turning heads since it docked in the North End’s Yacht Haven on Friday, according to the neighborhood news site NorthEndWaterfront.com .

But the billionaire owner of the Dallas Mavericks and co-star of the investment game show Shark Tank wants to make it known he does not own that, or any, yacht. He is emphatic on this point.

“I DON’T OWN A YACHT,” Cuban reportedly wrote in an email to the celebrity gossip website Page Six , the all-caps his.

The owner of the yacht—which is 288 feet long, comes equipped with a basketball hoop, has enough deck space to store two additional boats, hails from the Cayman Islands , and most likely draws its name from the Ayn Rand novel (which Cuban, as luck would have it, has said is one of his favorites )—has been spreading misinformation, Cuban says.

The full email, as reported by Page Six:

I don’t own a yacht. Never have . . . The guy who owns the boat tells EVERYONE that it’s mine. It’s so crazy, I got a letter from someone thanking me because the ship’s doctor had saved this person with CPR . . . had people email me asking if they can come aboard. Of course I always say yes  I DON’T OWN A YACHT.

Unnamed sources told the gossip site the boat’s owner was actually an executive from Sears. Sears didn’t return a request from Boston for comment.

Many, many online resources earlier reported the boat belonged to Cuban. There was Mark Cuban’s yacht docked in Miami , in Bar Harbor , and The Hamptons , the sites reported. Forbes counted Cuban among the big boat owners in its ranking of 100 Biggest Yachts . Passing reference to Cuban and his vessel was made in a Thrillist list of the 8 Most Ridiculous Yachts in the World .

Then on Tuesday came a series of stories about how the nautical wonder absolutely didn’t belong to the wealthy basketball figure and TV personality.

One of them came from the Boston Business Journal , a reporter for which also reached out to Cuban by texting him directly on a messaging app he owns called Cyber Dust .

“I don’t,” Cuban tells BBJ reporter Sara Castellanos, “have a yacht.”

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The Luxury Boats Owned By Some of the Wealthiest People in Tech, from a Yacht So Big It Has Its Own Support Boat to Superyachts with Swimming Pools and Basketball Courts Tech billionaires like Jeff Bezos, Oracle cofounder Larry Ellison, and Google cofounders Sergey Brin and Larry Page have all purchased mini vacation hubs at sea.

By Grace Kay and Sindhu Sundar • Jul 3, 2023

Key Takeaways

• Many billionaires like Jeff Bezos and Richard Branson enjoy spending their time on luxurious yachts.
• The boats are decked out with amenities that many Americans can only dream of.
• Here are some of the billionaires in tech who own private yachts.

This article originally appeared on Business Insider .

A regular Jane celebrating a personal renaissance after a long-term relationship might commemorate the new era with an ankle tattoo of a spiritual saying. When you're a billionaire, you could do it instead with a $500 million megayacht .

Amazon founder Jeff Bezos made waves in May riding around the roughly 127-meter "Koru," a Māori term that may signify a fresh start, with his reported fiancée Lauren Sanchez. (In 2019, Bezos finalized his divorce from MacKenzie Scott, whom he was married to for 25 years).

Beyond the private planes occupying the hangars of billionaires, yachts have come to symbolize the highly private sites of leisure and networking reserved for the ultra-wealthy .

Tech billionaires like Bezos, Oracle cofounder Larry Ellison, and Google cofounders Sergey Brin and Larry Page have all purchased their own mini vacation hubs at sea, decking their boats with amenities like gyms, spas, pools, nightclubs, and movie theaters.

For those wishing to experience life aboard these multi-million-dollar yachts, some are available to rent out for a few nights or weeks at a time. Late Microsoft cofounder Paul Allen's yacht can be booked for $2.2 million per week or more, according Bloomberg .

Chartering yachts owned by billionaires like Alphabet cofounder Sergey Brin has previously cost customers anywhere from $773,000 a week to $1.2 million .

It remains to be seen how these vessels will fare against the apparent Orca uprising.

Take a look at some of the yachts that have been owned by tech billionaires.

A mystery buyer bought a 414-foot superyacht that was once owned by late Microsoft co-founder Paul Allen for $278 million. Allen had the boat, which was named "Octopus," built in 2003 for $200 million. Since the tech billionaire's death in 2018, the boat had been listed for as much as $325 million.

Octopus in Canary Wharf, London, in 2012. Ki Price/Reuters Source: SuperYacht Times

The wealthy can book the yacht for a weekly rate of $2.2 million or more, through the luxury company Camper & Nicholsons, Bloomberg reported last year.

414ft luxury yacht 'Octopus' owned by Microsoft co-founder, Paul Allen, is moored to fuel up at Ege Ports in Kusadasi district of Aydin, Turkey on April 27, 2015. Ibrahim Uzun/Anadolu Agency/Getty Images

Sources: Bloomberg; Insider .

Amazon founder Bezos' $500 million megayacht, the roughly 127-meter "Koru," sparked attention in May for its artistic decor. A sculpture of a woman on the boat appeared to observers to be the likeness of Bezos' reported fiancée Sanchez, who was also seen that month on the yacht sporting a large ring.

Jeff Bezos was spotted aboard his megayacht "Koru" in May. Lift Aircraft.

Even before its completion, "Koru" drew the ire of Dutch people vowing to hurl eggs at the boat if it would require a historic bridge in Rotterdam to be taken apart to let it through. An egg crisis was averted however, as the company making the ship found a less-irksome alternative.

View of the Koningshaven Bridge, known as De Hef in Rotterdam, Netherlands. Peter Dejong/AP

Bezos has long been interested in yachts. In 2019, he was spotted aboard entertainment mogul David Geffen's superyacht.

David Geffen's superyacht Flickr via BI

Oracle cofounder Larry Ellison owns a 288-foot yacht named Musashi that he acquired in 2013. The yacht has several amenities, including an elevator, swimming pool, movie theater, and both an indoor and outdoor gym.

rulenumberone2/Flickr, Justin Sullivan/Getty Images

Source: Yacht Bible

Ellison has owned several superyachts over the years, including the Katana, the Ronin, and the Rising Sun.

Courtesy of Lurssen Source: Forbes .

The Oracle cofounder also has a knack for competitive yacht racing, and helped to found and back a racing team, called Oracle Team USA, in 2000. The team has found success and won several prestigious titles over the years.

Xaume Olleros/Getty Images Sport Source: Telegraph

Ellison previously owned a bigger, 454-foot yacht called Rising Sun, which was designed specifically for the CEO in 2005. That yacht reportedly has 82 rooms, a movie theater, a wine cellar, and a basketball court. However, Ellison sold off the Rising Sun to Geffen for a reported $300 million.

Kimberly White/Getty Images Source: Forbes , Boat International

Ellison's boat, Musashi, is a sister ship to the yacht of another billionaire, former Sears CEO Eddie Lampert. However, the yacht, named Fountainhead, is often mistaken for belonging to billionaire investor Mark Cuban. "The guy who owns the boat tells everyone that it's mine," Cuban told Page Six in 2016. "It's so crazy ... I don't even own a boat."

Mark Cuban. Steve Marcus/Reuters

Source: Page Six

Ellison's yacht reportedly influenced the decision of late Apple CEO Steve Jobs to get a boat himself. However, Jobs never set foot on the boat — the yacht was commissioned in 2008, but wasn't completed until 2012, a year after his death.

Justin Sullivan/Getty Images Source: Business Insider

When Jobs died in 2011, his yacht — along with his $14.1 billion fortune — was inherited by his wife, Laurene Powell Jobs, founder and president of a social-impact nonprofit called the Emerson Collective. The 256-foot yacht is named Venus, and is worth $130 million.

AP Photo/Peter Dejong Source: Business Insider

Google's billionaire cofounders, Larry Page and Sergey Brin, are known to splurge. An Insider feature in December documented some of the trappings of their luxury, including planes and yachts.

Sergey Brin (left) and Larry Page. Getty / Michael Nagle

Source: Insider .

Page owned a yacht named Senses, a $45 million, 194-foot boat that he bought in 2011 from a New Zealand businessman. He's since sold the yacht, Insider reported in 2021, a vessel that had a private beach club with a Jacuzzi and sun beds, both indoor and outdoor dining areas, and a helicopter pad. It's unclear what other sea vessels he owns, though Insider has previously reported he might have another yacht.

Ari Helminen/Flickr, Justin Sullivan/Getty Images Sources: Boat International; Insider .

Brin meanwhile owns a number of yachts and vessels including the 73-meter Dragonfly, and the 40-meter Butterfly, Insider reported in January.

Abell Point Marina/YouTube Source: Insider .

Dragonfly, the $80 million boat that has a movie-theater, shares a name with Google's once-secret project to launch a censored search engine in China. Google said in 2019 it had officially terminated the project.

Eric Risberg/Associated Press Source: Insider , Forbes .

The former Google CEO picked up the Alfa Nero yacht for nearly $68 million in an auction in June, according to a Bloomberg report. The yacht had apparently been left amid Russia's war in Ukraine, according to the report.

Eric Schmidt REUTERS/Brian Snyder Source: Bloomberg .

For Skype cofounder Niklas Zennstrom, his interest in yachts skews toward racing and competitive sailing. Zennstrom has gone through a succession of boats all named Ran.

Co-Founder and CEO of Skype Technologies, United Kingdom Niklas Zennstroem listens during a plenary entitled 'Digital 2.0:Powering a Creative Economy' at the World Economic Forum in Davos, Switzerland, AP Photo/Michel Euler

Source: CNN

The Ran VII yacht is among the most advanced of Zennstrom's boats. The racing yacht uses electrical power, which Zennstrom has said makes it "lighter, less drag, quieter, and most importantly it is environmentally friendly."

Carkeek Design Partners/YouTube Source: CNN

The 40-foot yacht has been meant to compete in regattas through the racing team owned by Zennstrom and his wife, Catherine. The Ran racing team launched in 2008, and has won some prestigious regattas.

The Ran racing team. Carkeek Design Partners/YouTube Source: CNN

Barry Diller, chairman of digital media company IAC, co-owns a $70 million yacht with his wife, fashion designer Diane von Furstenberg.

Diane von Furstenberg, left, and Barry Diller. Scott Olson/Getty Images Source: Business Insider

The sailing yacht, named Eos, is 350 feet long with six bedrooms. The power couple has hosted many celebrities over the years — a few that have been spotted aboard Eos include model Karlie Kloss, actor Bradley Cooper, journalist Anderson Cooper, and singer Harry Styles.

snowwahine/YouTube Source: W Magazine

For Jim Clark, the cofounder of Netscape, one yacht hasn't been enough. Clark has owned boats for more than 30 years, and in 2012, he put up two of his sailing yachts for sale.

Jim Clark, right. Cameron Spencer/Getty Images Source: Business Insider

Clark listed the boats for a combined $113 million: the 136-foot Hanuman for $18 million, and the 295-foot Athena for $95 million. However, Clark has yet to offload Athena. Clark also previously owned a 155-foot yacht named Hyperion, and currently also owns a sloop called Hanuman.

The yacht Athena. Fosnez / Wikimedia Commons Source: Boat International , Forbes

Charles Simonyi worked at Microsoft until 2002, and oversaw the creation of Microsoft Office software. A few years before he left, Simonyi decided to purchase a yacht. He told the designer that wanted his yacht to be "home away from [his] home in Seattle."

Reuters/Sergei Remezov Source: Boat International

The product of that conversation in 1999 is Simonyi's yacht named Skat, meaning "treasure" in Danish. The yacht measures 233 feet long, and is unique with its nontraditional design and gray color. Skat features a matching gray helicopter, a gym, and motorcycles.

Christopher Hunt/Getty Images Source: Yacht Charter Fleet

Opulent British billionaire Richard Branson owned a yacht until he sold it in September 2018. The 105-foot catamaran sold for $3 million, significantly lower than the $9.6 million price Branson listed the boat for in 2014.

Anthony Harvey/Getty Images, Virgin Source: Business Insider

Branson, the founder of Virgin Group, bought the boat in 2009. He named it Necker Belle, a nod to his private Caribbean island, Necker Island.

Necker Island Source: Business Insider

Additional reporting by Paige Leskin.

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Fountainhead

Motor Yacht

In the same year as superyacht Musashi, the 87.78 metre superyacht Fountainhead - sistership to Musashi - emerged from the Feadship facilities in The Netherlands. Known originally as Project #1003, Fountainhead was designed by De Voogt Naval Architects and Sinot Yacht Design, who also had a hand in the interior styling with Axel Vervoordt.

Blending art, antiques and sophistication, Fountainhead was created to offer a family home on the water with ample space. Key design features include a recreation room and library on the main deck, both of which can be converted into guest cabins to supplement the six existing guest suites and large owner’s stateroom, a fully-equipped gym and health club, contra-flow swimming pool and a world of toys and tenders on board.

Allowing for both size and shallow draft, Fountainhead can cruise the world with 14 guests on board with the highest level of crew service. She can reach impressive top speeds of 21 knots through dual MTU engines with 5766bhp, all in total comfort.

• Yacht Builder Feadship View profile
• Naval Architect De Voogt Naval Architects No profile available
• Exterior Designer De Voogt Naval Architects No profile available

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Fountainhead

About Fountainhead

On Monday 30 May 2011, Feadship launched the stunning 87.78m Feadship Fountainhead . Designed by De Voogt Naval Architects and Sinot Yacht Design, and featuring the signature blend of art, antiques and aesthetics of Axel Vervoordt, Fountainhead is an exceptionally sophisticated superyacht in terms of her layout, finish and technologies. Created with family use in mind, she features a recreation room and library on the main deck, both of which can be converted into guest cabins to supplement the six existing guest suites and large owner’s stateroom.

The leisure facilities are equally impressive with a large fully equipped gym with health club, a contra-flow swimming pool, two 40’ tenders on the aft deck and a tender garage housing toys such as wave runners, kayaks, surfboards, sea bobs, diving equipment and much more besides. With no less than ten cabins for officers and crew, all who board Fountainhead are assured service to match the scale and magnificence of this groundbreaking yacht.

Fountainhead’s launch specifications

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FOUNTAINHEAD

FOUNTAINHEAD is a 87.78 m Motor Yacht, built in Netherlands by Feadship and delivered in 2011.

Her top speed is 21.0 kn and her cruising speed is 15.0 kn and her power comes from two MTU diesel engines. She can accommodate up to 14 guests in 7 staterooms, with 20 crew members. She has a gross tonnage of 2463.0 GT and a 13.9 m beam.

She was designed by Feadship De Voogt Naval Architects , who also completed the naval architecture. Feadship De Voogt Naval Architects has designed 49 yachts and created the naval architecture for 103 yachts for yachts above 24 metres.

Her interior was designed by Sinot Yacht Architecture & Design , who has 29 other superyacht interiors designed in the BOAT Pro database - she is built with a Teak deck, a Steel hull, and Aluminium superstructure.

FOUNTAINHEAD is in the top 5% by LOA in the world. She is one of 65 motor yachts in the 80-90m size range, and, compared to similarly sized motor yachts, her cruising speed is 0.06 kn above the average, and her top speed 2.64 kn above the average.

FOUNTAINHEAD is currently sailing under the Cayman Islands flag, the 2nd most popular flag state for superyachts with a total of 1361 yachts registered. She is currently located at the superyacht marina Yacht Haven Grande Miami at Island Gardens, in United States of America, where she has been located for 4 days. For more information regarding FOUNTAINHEAD's movements, find out more about BOAT Pro AIS .

Specifications

• Name: FOUNTAINHEAD
• Yacht Type: Motor Yacht
• Builder: Feadship
• Naval Architect: Feadship De Voogt Naval Architects
• Exterior Designer: Feadship De Voogt Naval Architects
• Interior Designer: Sinot Yacht Architecture & Design

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I'M ON A BOAT: Tech Boys And Their Big Floaty Toys

Eric Schmidt has owned multiple yachts. In 2011, New York Post reported that Schmidt had purchased a yacht larger than Google CEO Larry Page\'s. The 195-foot yacht was purchased in 2009 for a reported $72.3 million .

In addition to the mega-yacht, Schmidt and his wife Wendy "accumulated some $60-odd million in assets for \'ocean studies,\'" according to The ODP . That $60 million included two boats, one which was priced at $48 million .

There are pictures of the large tugboat yacht  here .

Eric Schmidt was selling his 255-foot tugboat yacht in April. It was once valued at $48 million. He also bought a yacht that was bigger than Larry Page's.

Eric Schmidt has owned multiple yachts. In 2011, New York Post reported that Schmidt had purchased a yacht larger than Google CEO Larry Page's. The 195-foot yacht was purchased in 2009 for a reported $72.3 million .

In addition to the mega-yacht, Schmidt and his wife Wendy "accumulated some $60-odd million in assets for 'ocean studies,'" according to The ODP . That $60 million included two boats, one which was priced at $48 million .

In addition to the mega-yacht, Schmidt and his wife Wendy "accumulated some $60-odd million in assets for 'ocean studies,'" according to The ODP . That $60 million included two boats, one which was priced at $48 million .

There are pictures of the large tugboat yacht  here .

One year after his death, the yacht Steve Jobs personally designed was completed.

It\'s a 250-foot yacht with a large sun deck designed by  Philippe Starc. It was built  in the Netherlands by shipbuilder  Koninklijke De Vries .

There are more photos of the yacht, here .

Steve Jobs designed a 250-foot yacht run by 27 MacBooks that's now owned by his family.

It's a 250-foot yacht with a large sun deck designed by  Philippe Starc. It was built  in the Netherlands by shipbuilder  Koninklijke De Vries .

It's a 250-foot yacht with a large sun deck designed by  Philippe Starc. It was built  in the Netherlands by shipbuilder  Koninklijke De Vries .

James Hamilton, a star Amazon engineer who makes sure its Web services business is always up and running, lives on a boat with his family.

His boat, The Dirona, is a custom-built, 52-foot Nordhavn yacht.

Pictures of the yacht can be found  here .

Amazon's star engineer James Hamilton lives on a boat and often works remotely from Hawaii.

Pictures of the yacht can be found  here .

At the end of December, Jack Dorsey\'s photo was slapped in The Daily Mail aboard a yacht in St. Barts . Dorsey is the co-founder of Twitter and CEO of Square.

The papparazzi didn\'t know who Dorsey was; they were after bikini pictures of the model he was with, Lily Cole, who nearly lost her top in the waves. Dorsey was dubbed the lucky "mystery man" alongside her. 

Jack Dorsey doesn't have a yacht (yet), but he was spotted vacationing over the winter holidays on one.

At the end of December, Jack Dorsey's photo was slapped in The Daily Mail aboard a yacht in St. Barts . Dorsey is the co-founder of Twitter and CEO of Square.

The papparazzi didn't know who Dorsey was; they were after bikini pictures of the model he was with, Lily Cole, who nearly lost her top in the waves. Dorsey was dubbed the lucky "mystery man" alongside her. 

The papparazzi didn't know who Dorsey was; they were after bikini pictures of the model he was with, Lily Cole, who nearly lost her top in the waves. Dorsey was dubbed the lucky "mystery man" alongside her. 

Among  the multiple mansions and island he owns, Larry Ellison owns an America\'s Cup racing team boat. 

From Business Insider\'s Julie Bort:

" He\'s helped bring the next America\'s Cup race to San Francisco and his team will sail a 72-foot-long, carbon-fiber catamaran that cost $8 million.  He\'s won the cup before. His previous 90-foot sailboat was the first American syndicate to win the Americas cup since 1992."

See more amazing things Larry Ellison owns  here.

He also owns the 45th largest yacht in the world, the 288-foot Musashi.

Larry Ellison formerly owned a portion of the world's 8th largest yacht, The Rising Sun. Now he just owns an America's Cup racing team boat and another yacht.

Among  the multiple mansions and island he owns, Larry Ellison owns an America's Cup racing team boat. 

From Business Insider's Julie Bort:

" He's helped bring the next America's Cup race to San Francisco and his team will sail a 72-foot-long, carbon-fiber catamaran that cost $8 million.  He's won the cup before. His previous 90-foot sailboat was the first American syndicate to win the Americas cup since 1992."

Among  the multiple mansions and island he owns, Larry Ellison owns an America's Cup racing team boat. 

" He's helped bring the next America's Cup race to San Francisco and his team will sail a 72-foot-long, carbon-fiber catamaran that cost $8 million.  He's won the cup before. His previous 90-foot sailboat was the first American syndicate to win the Americas cup since 1992."

See more amazing things Larry Ellison owns  here.

Paul Allen owns the 11th biggest yacht in the world, the 414-foot Octopus . He also owns the 35th biggest, the 303-foot Tatoosh .

More pictures of the Tatoosh  here.

Microsoft's Paul Allen owns two of the world's 100 largest yachts.

More pictures of the Tatoosh  here.

Niklas Zennström, co-founder of Skype, owns a 72-foot Mini Maxi sailing race yacht, Ran IV.

It went undefeated in the 2012 Quantum Key West races.

Skype co-founder Niklas Zennström owns a 72-foot long boat, the Ran IV.

Niklas Zennström, co-founder of Skype, owns a 72-foot Mini Maxi sailing race yacht, Ran IV.

After 28 years of owning big, beautiful yachts, Netscape founder Jim Clark grew tired of sailing around the world.

Last year he set out to sell both of his boats, the  136-foot  Hanuman and the 295-foot Athena, for a combined $113 million so he could settle down with his wife.

Here are some photos of Clark\'s former prized possessions. 

Netcape co-founder Jim Clark bought and sold two yachts for $113 million.

Here are some photos of Clark's former prized possessions. 

Last year he set out to sell both of his boats, the  136-foot  Hanuman and the 295-foot Athena, for a combined $113 million so he could settle down with his wife.

Here are some photos of Clark's former prized possessions. 

IAC\'s Barry Diller owns the 60th largest yacht in the world, the 271-foot Eos, according to Fortune.

He reportedly spent $2,000 per day to dock it in New York City.

More pictures of the Eos are here .

Barry Diller's 271-foot yacht is the 60th largest in the world, but the third largest sailing yacht.

IAC's Barry Diller owns the 60th largest yacht in the world, the 271-foot Eos, according to Fortune.

Investor and Dallas Mavericks owner Mark Cuban owns the sister ship to Larry Ellison\'s yacht, Mushashi.

Cuban\'s boat is 287 feet long and it\'s one of the 100 biggest yachts in the world , according to Fortune.

Mark Cuban owns a 287-foot yacht, Fountainhead, that also ranks in the world's largest 100 yachts. It's the sister ship to Larry Ellison's.

Investor and Dallas Mavericks owner Mark Cuban owns the sister ship to Larry Ellison's yacht, Mushashi.

Cuban's boat is 287 feet long and it's one of the 100 biggest yachts in the world , according to Fortune.

In 2011, Google CEO Larry Page bought a $45 million yacht, Senses, which he calls his "adventure boat."

He purchased the yacht from Sir Douglas Myers, a New Zealand business man. The yacht has a jacuzzi and can carry a helicopter.

Google CEO Larry Page bought a yacht for $45 million.

In 2011, Google CEO Larry Page bought a $45 million yacht, Senses, which he calls his "adventure boat."

Richard Branson, who owns Necker Island, purchased a yacht in 2009. Super Yacht World describes it : " Lady Barberetta , the 32-metre sailing catamaran, built by the CMN shipyard in France, for a reputed £5.3 million."

That\'s 104 feet and about $8 million.

He\'s also been caught waterskiing with beautiful women and power boating around Necker Island.

Richard Branson purchased a 104-foot catamaran and has been spotted water skiing around Necker Island.

That's 104 feet and about $8 million.

He's also been caught waterskiing with beautiful women and power boating around Necker Island.

Richard Branson, who owns Necker Island, purchased a yacht in 2009. Super Yacht World describes it : " Lady Barberetta , the 32-metre sailing catamaran, built by the CMN shipyard in France, for a reputed £5.3 million."

In the year since Kevin Systrom sold his company Instagram to Facebook for $700 million, he\'s traveled a lot.

A few of the trips he\'s taken have been to Lake Tahoe, where he\'s zipped around in a power boat with friends.

Kevin Systrom of Instagram spent part of the last year splashing around Lake Tahoe in a power boat.

In the year since Kevin Systrom sold his company Instagram to Facebook for $700 million, he's traveled a lot.

A few of the trips he's taken have been to Lake Tahoe, where he's zipped around in a power boat with friends.

Karp is known for traveling the world in addition to running his blog empire, which is now under Yahoo\'s domain.

Tumblr CEO David Karp has also been spotted hanging out on luxury boats, even before the $1.1 billion Yahoo acquisition.

Karp is known for traveling the world in addition to running his blog empire, which is now under Yahoo's domain.

Venture capitalist Mike Arrington said the one splurge he wanted to make after selling TechCrunch for $30 million was to buy a nice boat.

He nicknamed his future ride "Buddy" and had it brought in from Canada. Unfortunately, the Department of Homeland Security snatched it up before he could board it .

The reason: Arrington says he noticed an error on the paperwork and refused to sign it until it was fixed. His boat was seized instead.

Bonus: Mike Arrington really wanted a big boat but the government swooped in and took it away.

He nicknamed his future ride "Buddy" and had it brought in from Canada. Unfortunately, the Department of Homeland Security snatched it up before he could board it .

Click here to see 12 quirky things big tech companies do when they first hire you >>

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• FOUNTAINHEAD

Yacht, IMO 1010753

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The current position of FOUNTAINHEAD is at North West Atlantic Ocean reported 1 min ago by AIS. The vessel is en route to the port of Miami, United States (USA) , and expected to arrive there on Mar 15, 09:39 . The vessel FOUNTAINHEAD (IMO 1010753, MMSI 319028100) is a Yacht built in 2011 (13 years old) and currently sailing under the flag of Cayman Islands .

Position & Voyage Data

Map position & weather, recent port calls, vessel particulars.

FOUNTAINHEAD current position and history of port calls are received by AIS. Technical specifications, tonnages and management details are derived from VesselFinder database. The data is for informational purposes only and VesselFinder is not responsible for the accuracy and reliability of FOUNTAINHEAD data.

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Fountainhead

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FOUNTAINHEAD yacht NOT for charter*

87.78m  /  288' | feadship | 2011.

Owner & Guests

• Previous Yacht

Special Features:

• Lloyds Register classification
• Interior design from Sinot Yacht Design
• Up to 24 crew
• Sleeps 14 overnight

The 87.78m/288' motor yacht 'Fountainhead' was built by Feadship in the Netherlands at their Makkum shipyard. Her interior is styled by Dutch designer design house Sinot Yacht Design and she was delivered to her owner in August 2011. This luxury vessel's exterior design is the work of De Voogt.

Guest Accommodation

Fountainhead has been designed to comfortably accommodate up to 14 guests in 7 suites. She is also capable of carrying up to 24 crew onboard to ensure a relaxed luxury yacht experience.

Range & Performance

Fountainhead is built with a steel hull and aluminium superstructure, with teak decks. Powered by 4 x diesel MTU (16V4000M90) 3,647hp engines, she comfortably cruises at 15 knots, reaches a maximum speed of 21 knots. Her water tanks store around 89,500 Litres of fresh water. She was built to Lloyds Register classification society rules.

*Charter Fountainhead Motor Yacht

Motor yacht Fountainhead 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.

Fountainhead Yacht Owner, Captain or marketing company

'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.

Fountainhead Photos

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Specification

M/Y Fountainhead

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72m | Dunya Yachts

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86m | Abeking & Rasmussen

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74m | Trinity Yachts

from $597,000 p/week ♦︎

70m | Feadship

from $650,000 p/week

91m | Lurssen

from $1,400,000 p/week

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88 metre yacht Fountainhead launched by Feadship

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Written by Mike Smith

In what is a busy 2011 year for yacht orders and launches by the Dutch luxury yacht building company Feadship , there has been another large superyacht launched called motor yacht ‘Fountainhead’. Yacht Fountainhead is the largest private yacht Feadship has ever built, along with another 88 m XL called Musashi.

Superyacht FOUNTAINHEAD was launched today by the Feadship Koninklijke De Vries shipyard in Makkum, the Netherlands. M/Y Fountainhead is the third boat of the Feadship XL series, the first being yacht Ocean Victory and the second called yacht Musashi. All three Feadship XL superyachts have been launched at the De Vries Makkum facility – Ocean Victory , in October 2008 and Musashi in August 2010.

The Feadship XL 88 m Musashi Yacht pictured here is Yacht FOUNTAINHEAD'S near sister ship

Motor Yacht ‘Fountainhead’ is 87.78 m (287.99 ft) in length and she has a full displacement steel hull. The uxury yacht is topped with an aluminium superstructure. Previously known as Feadship Hull XL 1003 Fountainhead is powered by four 3,650hp (or 2,721 kw) MTU 16V 4000 M90 diesel engines which produce a total power potential of 14,600 hp, or 10,887 kilowatts.

The Feadship Fountainhead yacht was designed (naval architecture and her exterior design) by Feadship’s De Voogt Naval Architects. As with other Feadship XLs, Sinot Yacht Design was utilised for the interior design.

The Ocean Victory a Feadship Xl and the first yacht in this series with the Fountainhead yacht being the third

Feadship currently also has two larger yachts ‘in build’, one being over 100 m – a 101.5 metre boat that Royal Van Lent shipyard also has been reported to have a contract to build – and a 99 metre yacht known as XL 1004.

De Vries Makkum

Now having been launched, superyacht Fountainhead will undergo further finishing and outfitting before being delivered to her new owner later in 2011.

Motor Yacht Fountainhead Brief Specifications:

Koninklijke De Vries shipyard in Makkum

Type: displacement Motor Yacht Length: 87.78 m (287.99 ft) Project Name: Feadship Hull XL 1003 Launch Date 02/05/2011 Naval architect: Feadship Yacht design: Feadship Interior Design: Sinot Yacht Design Material Hull: Steel Material Superstructure: Aluminium Engines: 4 x MTU 16V 4000 M90 diesel Shafts: 4 x

The Name ‘Fountainhead’

The Fountainhead is also known as a famous novel which was written by Ayn Rand in 1943. In the book The Fountainhead Howard Roark, the main protagonist, is an individualistic young architect who chooses to struggle in obscurity rather than compromise his artistic and personal vision. The book describes his battle to practice his idea of what is superior architecture when the general public view is as overly modernistic architecture in an establishment focused on convention.

The First Feadship XL Motor yacht launch with Fountainhead being the thrird

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "88 metre yacht Fountainhead launched by Feadship".

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The superyacht world is speculating that Mark Zuckerberg just bought this 118-meter boat

• The 118-meter superyacht Launchpad made her maiden voyage last week.
• The yacht world is speculating that her owner is Meta CEO Mark Zuckerberg.
• Here's what we know about the luxury vessel.

In the world of superyachts , privacy is the most valuable asset. It can be next to impossible to discern the details of a superyacht transaction — and that's particularly true if the vessel in question is worth nine figures.

Yet some in the boat blogging world are speculating that Meta CEO Mark Zuckerberg is the new owner of Launchpad, a megayacht currently moored in Fort Lauderdale, Florida after she made her maiden voyage from Gibraltar to St Maarten last week. Launchpad clocks in at 118 meters long, about nine meters shorter than Jeff Bezos' superyacht Koru .

The transaction could not be confirmed, with yacht world insiders declining to share what they know and representatives for Zuckerberg not responding to a request for comment from Business Insider. In the past, reports about Zuckerberg owning superyacht Ulysses have proven false.

Related stories

"It is Feadship's standard policy to never divulge any information about our yachts with reference to ownership, costs, or delivery, etc," Feadship, the ship's builder, wrote to BI. "Whether it is an 18-meter Feadship from the 1960s or a 118-meter Feadship from the 21st century, we do not share private information."

But Zuckerberg's name has been connected to Launchpad for a few months now, beginning in December when reports swirled that he visited Feadship's shipyard in the Netherlands.

Then, earlier in March, yachting bloggers like eSysman SuperYachts and Autoevolution started speculating that he officially snagged the boat, originally built for a sanctioned Russian businessman, at a $300 million price tag. (While that's a seemingly huge amount, it's still less than 0.2% of Zuckerberg's $177 billion net worth.)

Another clue that might point to US ownership is that the yacht bears the flag of the Marshall Islands, a US territory and commonplace for American buyers to register their ships, according to public marine tracking.

If Zuckerberg were to have bought Launchpad, he would join a cohort of superyacht-owning tech billionaires . Along with Bezos, the likes of Oracle cofounder Larry Ellison and Google cofounders Sergey Brin and Larry Page have purchased impressive boats with even more impressive amenities.

SuperYacht Times , an industry publication and intelligence platform, has some of the best images of the yacht. Photos show a swimming pool on her main deck and a large helipad.

While less is known of the interior, a vessel of her size can likely sleep dozens of guests and crew and may have amenities like an expansive gym where Zuckerberg could practice his jiu-jitsu or a spa with a massage area. We suspect there's also space for plenty of toys — which could include his viral hydrofoil foil .

Do you have any details about Launchpad or any other superyachts? Email reporter Madeline Berg at [email protected].

Watch: Walmart heiress' superyacht vandalized by activists in Ibiza

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Kushner Developing Deals Overseas Even as His Father-in-Law Runs for President

Donald Trump’s son-in-law, who was also a senior White House official, said he was close to finalizing real estate projects in Albania and Serbia.

By Eric Lipton ,  Jonathan Swan and Maggie Haberman

Reporting from Washington

Jared Kushner, the son-in-law of Donald J. Trump, confirmed on Friday that he was closing in on major real estate deals in Albania and Serbia, the latest example of the former president’s family doing business abroad even as Mr. Trump seeks to return to the White House.

Mr. Kushner’s plans in the Balkans appear to have come about in part through relationships built while Mr. Trump was in office. Mr. Kushner, who was a senior White House official, said he had been working on the deals with Richard Grenell, who served briefly as acting director of national intelligence under Mr. Trump and also as ambassador to Germany and special envoy to the Balkans.

One of the proposed projects would be the development of an island off the coast of Albania into a luxury tourist destination.

A second — with a planned luxury hotel and 1,500 residential units and a museum — is in Belgrade, the capital of Serbia, at the site of the long-vacant former headquarters of the Yugoslav Army destroyed in 1999 by the NATO bombings, according to a member of Parliament in Serbia and Mr. Kushner’s company.

These first two projects both involve land now controlled by the governments, meaning a deal would have to be finalized with foreign governments.

A third project, also in Albania, would be built on the Zvërnec peninsula, a 1,000-acre coastal area in the south of Albania that is part of the resort community known as Vlorë, where several hotels and hundreds of villas would be built, according to the plan.

Mr. Kushner’s participation would be through his investment firm, Affinity Partners, which has $2 billion in funding from Saudi Arabia’s Public Investment Fund, among other foreign investors. In a statement, an official with Affinity Partners said it had not been determined whether the Saudi funds might be a part of any project Mr. Kushner is considering in the Balkans.

“We are very excited,” Mr. Kushner said in an interview. “We have not finalized these deals, so they might not happen, but we have been working hard and are pretty close.”

Mr. Kushner set up his investment company after he left his White House job as a senior adviser. He capitalized on relationships he had built in government negotiating in the Middle East, which included a close relationship with Crown Prince Mohammed bin Salman, the de facto ruler of Saudi Arabia.

Mr. Kushner ended up securing the $2 billion from the sovereign wealth fund of Saudi Arabia and hundreds of millions of dollars more from wealth funds in the United Arab Emirates and Qatar . He has taken few public steps so far to actually invest large chunks of this money.

Mr. Grenell also made valuable connections while in government, including some that appear to have given the Kushner team an inside track for investments in the Balkans. During his time in the Trump administration, Mr. Grenell worked on resolving disputes between Serbia and Kosovo.

These discussions indirectly involved Albania, as most citizens of Kosovo are ethnic Albanians and Albania plays a role in the regional discussions.

Mr. Grenell has remained close with Mr. Trump since the former president left office, defending him publicly and speaking to him regularly.

Mr. Grenell has said privately that he hopes to be secretary of state in a second Trump administration, according to a person who has discussed the matter with Mr. Grenell and who described the conversations on the condition of anonymity.

Mr. Grenell, in an interview, declined to address on the record any interest in potentially taking a post as secretary of state. He said only that he had not decided whether he would join any future Trump administration.

Robert Weissman, president of Public Citizen, which tracked business deals it considered conflicts of interest during the Trump administration, said these planned deals were unethical and would only raise new questions about the Trump family, particularly if Mr. Trump was re-elected.

“At this point in the election cycle Jared Kushner should freeze any new investment plans,” Mr. Weissman said. “This particular investment plan seems to involve the worst of every corrupt tendency of the Trump administration and Trump family.”

The Trump family’s involvement in foreign business deals became a major focus during Mr. Trump’s term, with critics ultimately suing and alleging that the family was illegally profiting from foreign payments — referred to as emoluments in the Constitution — while Mr. Trump was in office. These cases were dismissed as moot by the Supreme Court when Mr. Trump left office, but they could be reopened if he was back in the White House.

Since leaving office, Mr. Trump has become a partner in a development project in Oman , a deal he was brought into by a Saudi real estate firm that has ties to the Saudi government.

Mr. Kushner rejected any suggestion that he was getting preferential treatment because of his time in the government, or that any of the work was connected to the former president.

“No one is ‘giving’ me deals,” said Mr. Kushner, who insisted he was not planning to return to Washington should his father-in-law win the presidency again. “I operate fairly meticulously, and these investments will create a lot of value for the local communities, our partners and our investors.”

Representatives for Mr. Trump did not respond to multiple emails seeking comment.

Mr. Kushner and his wife, Ivanka Trump, have largely stayed away from Mr. Trump’s political activities since the Jan. 6, 2021, attack on the Capitol.

The New York Times first approached Mr. Kushner on Wednesday morning about his prospective projects in the Balkans. He initially declined to answer questions, responding only after he disclosed his plans to Bloomberg News on Friday.

Mr. Kushner and Ms. Trump visited Albania twice since Mr. Trump left office. They traveled the country with Mr. Grenell, and even met with Albania’s prime minister .

Mr. Kushner and Ms. Trump, along with Mr. Grenell, have been focused in part on Sazan, a Mediterranean island in the south of Albania that until the end of the Cold War had been used by the Soviet Union and the Communist-led government of Albania as a secretive military base for submarines. The plan is to build a luxury hotel and villas on the island.

The rugged two-square-mile island has hundreds of Cold War-era bunkers and tunnels designed to withstand nuclear attack and has been largely vacant since the end of the Soviet Union. But it is only a half-hour by speedboat from Vlorë, a resort destination in southern Albania where the government of Saudi Arabia is already spending money to improve electricity service and other public utilities to help promote tourism in Albania.

Mr. Grenell, a former Fox News contributor and media consultant, has been working closely with Mr. Kushner and his investment firm.

Mr. Grenell has been vocal about his efforts to turn relationships he built in Albania and elsewhere in the Balkans into personal profits. He has returned to the region repeatedly and met with hotel industry executives, as well as Albania’s prime minister, Edi Rama.

“We are looking for opportunities to invest through foreign investment in the Balkans, but more specifically in Albania, and the Albanian coast is wonderful,” Mr. Grenell said in one of a series of television and newspaper interviews he has done in Albania in the last three years.

The day-to-day management of the projects would be handled by Asher Abehsera, a California-based real estate developer who has done projects in Brooklyn with Mr. Kushner, and who traveled to the Balkans with Mr. Grenell and Mr. Kushner to check out the development sites, Mr. Kushner said.

Mr. Grenell added in a nearly 90-minute television interview in Albania last year that there was nothing wrong with his deal making because he was now out of government. “I’m working on projects, private equity projects, that I get to make money on,” he said. “No one should ever apologize for wanting to make money.”

Last July, Mr. Grenell, along with Ivanka Trump and Mr. Kushner, also met with Mr. Rama in Tirana, the capital of Albania, and they were all photographed together.

Mr. Rama has been pushing for nearly a decade to open Sazan up to redevelopment as a tourist destination, as well as looking for other ways to attract foreign investors to Albania to expand its tourist economy.

Auron Tare, a former member of Parliament in Albania who has served as an adviser to Mr. Rama, took Ms. Trump and Mr. Kushner to Sazan Island in 2021 as part of a visit of Albania that included a cruise on a yacht and a helicopter trip across the coast.

Mr. Tare, in an interview, said he discussed with Mr. Kushner and Ms. Trump the desire to develop Sazan, but to do so in a way that would preserve its history and environment.

Mr. Kushner and Mr. Grenell have been working closely with a billionaire Albanian business executive named Shefqet Kastrati and his son, Musa Kastrati. Their investments include a concession to run the international airport in Tirana, a chain of gas stations in Albania and hotels and other businesses, according to business associates and Mr. Kushner.

“They have helped us understand the cost of construction and how to operate locally,” Mr. Kushner said in an interview.

In October 2022, Shefqet Kastrati bought a $7.5 million house in Indian Creek, Fla., land records show, a property that is near where Ms. Trump and Mr. Kushner now live. The Kastrati family also last year purchased a hotel in the Brickell section of Miami for $55 million from the Qatari royal family.

Musa Kastrati, in an interview, said that the role his family company would play in Mr. Kushner’s Albanian projects was still not clear, but that it would probably involve helping build some of the complexes. Mr. Kastrati also confirmed that he visited Mar-a-Lago, Mr. Trump’s Florida resort and residence, in December 2022 with Mr. Grenell and that he also briefly met Mr. Trump when the former president arrived as they were having dinner. Mr. Kastrati said he did not discuss the potential deal with Mr. Trump.

Mr. Grenell has repeatedly taken to Instagram and other social media accounts to promote tourism in Albania and to praise Mr. Rama, the prime minister.

“I support Rama’s vision for the Balkans,” Mr. Grenell said in a television interview in 2021 , after he met with another hotel industry executive in Albania named Irfan Hysenbelliu. “I love Albania and I invite U.S. investors in the country.”

The government of Saudi Arabia recently announced that it was looking for ways to increase its investment in Albania, first by helping build water, electricity and sewer services next to beach areas in Vlorë, which is the launching point to Sazan and where a new international airport is already being built. It has said it wants to invest up to $300 million in the nation .

Earlier this month, Saudi officials traveled to Albania to announce the creation of what they are calling the Saudi-Albania Business Council “to forge a new economic partnership between the two countries,” including in tourist projects. The Saudi chairman of the group, Abdulrahman Al-Mufarreh, did not respond to requests for comment.

Michael S. Schmidt contributed reporting.

Eric Lipton is an investigative reporter, who digs into a broad range of topics from Pentagon spending to toxic chemicals. More about Eric Lipton

Jonathan Swan is a political reporter covering the 2024 presidential election and Donald Trump’s campaign. More about Jonathan Swan

Maggie Haberman is a senior political correspondent reporting on the 2024 presidential campaign, down ballot races across the country and the investigations into former President Donald J. Trump. More about Maggie Haberman

Who is Ajay Thakore? San Diego Lamborghini Yacht owner threatens dock worker in viral video

A n Indian-origin California business owner Ajay Thakore recently made headlines when he reportedly threatened a dockyard worker at San Diego's Marriott Marina after the latter refused to let the former park his $4.5 million Lamborghini Yacht, as per Times Now News.

The video of the incident has now gone viral online. While the face of the man threatening the dock employee saying "I will kill you!" multiple times remains unclear in the footage, many media outlets, including the New York Post confirmed it was Ajay Thakore, who has previously been part of similar confrontations.

Apart from threatening to kill the dock worker, the man in the video also flashed at the latter, as the yacht moved away from the marina. In the wake of this incident, here's looking at who Ajay Thakore is.

Ajay Thakore also goes by the name Ace Rogers

According to Daily Mail, Ajay Thakore also goes by the name Ace Rogers and he is a wealthy businessman and philanthropist based in San Diego, California. He is the CEO of Doctor Multimedia, a local medical marketing agency, and Gopher Media LLC.

He has previously faced similar controversy in 2021 when he was accused of harassing the employees of a La Jolla pizza joint called American Pizza Manufacturing. Its founder Andrew Melone alleged back then that it all started with Thakore defaming the take-and-bake pizza establishment on social media.

However, things escalated when the Indian-origin business owner reportedly parked two of his cars directly in front of the eatery, blocking its entrance, with texts, "Take N Bake Pizza Sucks" glaring on top of it.

Melone also claimed that an airplane flew over the locality with the banner reading, "Just Say No to Take N Bake Pizza." Not only that but Ajay Thakore reportedly involved another pizzeria in the area Carino's, with planes displaying messages like "Carino's Pizza is Better than Take N Bake."

Additionally, Thakore and his companies filed a $10 million lawsuit against Andrew Melone and his public accusations, claiming that they were "exercising their First Amendment Rights" and protesting against discrimination. The owner of the pizzeria countersued, alleging Thakore had persistently harassed him and his company. The two civil lawsuits are still underway.

Exploring the recent controversy surrounding Ajay Thakore

On the afternoon of March 10, 2024, Ajay Thakore's multimillion-dollar Tecnomar for Lamborghini 63 yacht was not allowed to park in the Seaforth Boat Rental lot in San Diego's Marriott Marina. He was reportedly there to pick up an employee. The video of the incident has now gone viral.

It shows a man standing on the edge of the yacht threatening to "kill" the worker identified as Joseph Holt, as per CBS 8. Later, as the boat moved away from the dock, the former dropped his pants and made inappropriate gestures toward the 21-year-old employee. The harasser even threw $100 bills at the guy which fell into the water.

Holt told reporters that he "respectfully" told the driver not to park in the private space and was hoping to have a "conversation" with him about his "cool boat," when "it completely went the other way."

"I really didn't know how to process it. I really was trying to restrain myself from getting fired from my job or stepping out of line. The only thing I did was give him the bird," Holt stated.

The employee also mentioned how Thakore berated him for his minimum wage labor and called him a nobody who did nothing on a "silly job." The expensive boat owner allegedly threatened to have him fired using his "connections" and ruin his life.

The dock worker further continued,

"He had dropped his pants and started to make gestures to everybody watching and me. You can't act that way in public. It's just not okay. Especially threatening my life, at the very least. There were women and children there. That's the most important part."

In contrast, Ajay Thakore's public relations team told CBS 8 that the "interaction" was "regrettable."

"What started as a minor misunderstanding escalated into an argument, and I apologize for my actions and to those who witnessed the unfortunate exchange," the statement added.

Later, Ajay Thakore's employee Jason, whom the former was supposed to pick up during the fiasco, also issued a clarification via his boss' Instagram (@acerogersceo). He said that he was not allowed to get aboard, and was asked to "stand back" and even "forearmed" which is when Thakore allegedly "flipped" as he was protective of him, his fiancé, and his other employees, tagging it as a long-drawn misunderstanding.

In the caption of the post, it was Ajay Thakore who seemed to issue a statement:

"As a leader, I defend my own fiercely with everything I have, and I will never apologize for that. You can choose to believe that I just pulled up to the dock and started yelling, or you can realize that a lot happened before the cameras were rolling and that it takes two sides to escalate a situation."

Notably, in the aftermath of the incident, Port of San Diego Harbor Police were called in, who arrived 10 minutes after Ajay Thakore's boat left the marina. Joseph Holt told the news outlet that the officers didn't take his complaints seriously and were even laughing at him.

The department responded by telling CBS 8 that they were called in to deal with a "possible intoxicated vessel operator" who had departed the area before they got there and that they were unable to do anything with. The statement went on to say that a report had been made and that the police had spoken with the complainant and witnesses.

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