yacht for sale 5 million

Used Yachts For Sale $1,000,000 – $5,000,000

Listed below are used yachts for sale worldwide from $1,000,000 – $5,000,000. Use the search tools to narrow your exploration. SYS Yacht Sales offers a wide range of luxury used yachts for sale, including long range cruisers, motor yachts, trawlers, express cruisers, center consoles, sailboats and everything in between. Search top brands like Horizon, Broward, Azimut, Ferretti, Sunseeker, Princess, Hatteras, Viking, Grand Banks and much more. Need assistance? Contact our experienced yacht brokers. We look forward to helping you find the yacht that's right for you.

MY KOKOMO 64' 2017

Custom J.J Schiffswerft

Custom Passenger Ship

Custom Brooke Marine

Custom Husumer Shipyard

Sanssouci star.

Custom Displacement Twin Screw

Commercial Crew Boat

Custom 3 Masted Schooner

Alarnia F164 Aerocat

Tradewind Lars Johansson

Hallberg-Rassy 48

Fountaine Pajot Tanna 47

Superyacht 44m CUSTOM SUEZ MAX EXPLORER

Princess of palau.

Abeking & Rasmussen RPH

Custom Built Tour/Dinner Yacht - Stock No. S2698

Custom LZ-140

Mondomarine 42m

Motorsailer MS 42 Athens Shipyards

Devonport 42m

Custom custom

Crucero amazonas.

Custom GULET

Cakiryildiz.

Siar Moschini Motor yacht

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5 Million Dollar Yachts

Find the perfect yachts for sale under 5 million dollar.

Our website features plenty of yachts all around the world, discover the perfect yacht closer to you!

SANSSOUCI STAR

LANGKAWI LADY

COSTA MAGNA

2017 SAFARI YACHT 142 CUSTOM

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Used Yachts for Sale Between $4000000 and $5000000

If you're looking for a pre-owned yacht for sale under $5 million dollars, SI Yachts has the expertise to assist you in choosing the perfect boat for your requirements. Whether heading offshore to hunt for billfish or cruising the east coast, there are many options available on the yacht brokerage market. This is where the personalized customer service and knowledge our team proves valuable to you as the customer.

Boats for sale under five million dollars online include brands like Azimut Yachts ,  Ferretti Yachts , Hatteras Yachts , Ocean Alexander ,  Princess Yachts , Sanlorenzo , Sunseeker Yachts , Viking Yachts , Westport Yachts , and more! From New York, to Florida, and beyond, SI Yachts can assist you in the purchase or sale of a boat under $5,000,000. We look forward to earning your business! Contact us today at [email protected] or by calling one of our convenient locations . SI Yachts are also Licensed Florida Yacht Brokers.

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Best Yachts Under 5 Million: Yachts Available for sale

Finding a used yacht for sale under $5,000,000 that fits your needs can be challenging. There are many opportunities, sailing yacht, sailing or power catamarans, trimarans, motorboats across different lengths and featuring different options.

WI Yacht Luxury Team selected 5 great yachts in good conditions for sale under $5 million.

[Sold] NEEL 51 :  A loft with sails for less than 1 million

The trimaran NEEL 51 combines all the advantages of its predecessors: performance above all thanks to its three hulls, safety and great comfort on board. 

The Neel 51 won the “Multihull of the Year 2019” award at the La Grande Motte multihull boat show. 

This boat was built in La Rochelle by Neel Trimarans and launched in 2018. The Neel 51 trimaran is a great traveler, a family boat, and its maneuverability has been improved compared to other smaller trimarans models from Neel. 

Fully equipped and in very good condition this second hand yacht for sale is an opportunity to seize! 

This second hand trimaran features 4 guests cabins, with 4 bathrooms ; and 2 crew cabins and full options : 

Bow thruster, Generator, Watermaker, Heating, Main sail / Genoa / Staysail, Electric winches, Solar panels x8, Charts plotter, Radar, AIS, Charger, Inverter, Hifi Fusion, TV, Microwaves, Dishwasher, Large stainless steel fridge (2 drawers), Freezer, Washer dryer, Electric toilets, Lithium service batteries, Dinghy & outboard engine, ….

SEAWAY – SHIPMAN 80 IVANKA : a 2 million luxury sailing yacht

The Shipman brand produces luxury Cruising Yachts and performance Cruisers. Ivanka, Shipman 80 features excellent hydrodynamics of the hull and an elevating keel. Ivanka was delivered in 2010, and she offers exceptional performance in all conditions, with two rudder pens, offering easy handling of the yacht at high speed and on rolls.

She is an exceptional second hand sailing yacht second in very good condition and fully equipped. She features a carbon hoop that houses the main sheeting car, keeping the cockpit clear and she can be easily controlled by the owner himself, requiring a minimum crew to handle the yacht. She is fully equipped making her a perfect option for sailors featuring : Carbon hull, mast & boom, Standing rigging is Nitronic Rod, Hydraulic lifting keel, Fully laid teak decks, Reversible air conditioning, Generator 16kW, Bow thruster (hydraulic, retractable), Water maker, B&G 3000 displays, Simrad electronics (Charts plotters, Radar, AIS, Fleet 33 satcom, …), 1 Acer PC at charts table, 1 Dell PC in owner’s cabin, Full sails package, Hydraulic Harken winches, Well equipped galley (2 fridges, 2 freezers, Microwave, Dishwasher, …), Electric toilets, Entertainment (TV in saloon, TV in owner’s cabin, Central Böse Hifi & DVD player, Hifi in all cabins, …), 2x Inverters, Hydraulic gangway, Hydraulic swim platform, Williams dinghy 3.85m, …

CLAASEN JACHTBOUW – ATALANTE : a luxury sailing yacht for less than 4 million

Atalante is a luxury sailing yacht, built by Claasen Jachtbouw in the Netherlands, her interior design makes her a perfect cruising yacht. 

She has an aluminum hull and aluminum superstructure, giving her a gross tonnage of 126 tons.

In excellent condition, she has a double roof and double cockpit, allowing for a full width owner’s cabin aft, two guest cabins and a separate crew cabin forward, as well as a pilot berth aft.

Atalante was twice winner of the Hoek Design Cup (2012/2013), and finished second in 2013 Palma Superyacht Cup. Due to its excellent sailing performance and the comfort on board, she is the perfect yacht for charter and families willing to relax and enjoy the sea.

Her maintenance has been performed meticulously by a full-time professional crew, with significant refits being undertaken in 2014/15 followed by another good refit in spring 2019 which ensures the boat is in an excellent condition since her launch.

Lagoon Seventy 7 – L’AIR DU TEMPS : a luxury catamaran for less than 5 million

Unique second hand Lagoon SEVENTY 7 on the market. Why wait over two years to buy a brand new Seventy 7 catamaran, when you have a second-hand model that is already tried and tested on the water?

L’Air du temps is an owner version Lagoon 77 catamaran with 3 cabins including a master cabin, and 2 crew cabins with bunk beds. 

The famous owner’s suite features a hydraulic side door that transforms into a unique private teak platform with sea access. 

Launched in February 2019 in France, this catamaran is in pristine conditions and features full options : carbone canoe boom, complete spectra sails, electric, hydraulic opening hull door in master cabin, hydraulic aft platform, 2 Generators, Water-maker, Reversible air conditioning, Electric furlers for genoa and staysail, Carbone steering wheels, Complete electronic pack, Satellite communication and TV, 4G et Wifi connexion setc.

This catamaran is in pristine condition, no compromise to be expected.

If you are interested in one of these boats, upon request, the complete listing, and more than 200 additional pictures & videos are available. Our team will provide you guidance through all the steps of yacht purchase, and management program if you wish.

Read also : Buying a Yacht : The Frequently Asked Question

10 Luxury Yachts most remarkable 

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EUR 124,950,000† (EU VAT paid)

• Length: 90.1m (295.6ft)
• Guests: 14 guests in 7 cabins
• Built: 2010 (refitted 2024)
• Lurssen-Werft

O'PTASIA

EUR 89,999,000

• Length: 85m (278.9ft)
• Guests: 23 guests in 10 cabins
• Built: 2018
• Golden Yachts

EUR 79,750,000† (EU VAT paid)

• Length: 80m (262.5ft)
• Guests: 18 guests in 9 cabins
• Built: 2007

PROJECT 825

Price on application

• Length: 75.8m (248.7ft)
• Guests: 12 guests in 6 cabins
• Built: 2025
• Feadship, Royal Van Lent

EUR 109,000,000 (EU VAT paid)

• Length: 74m (242.8ft)
• Guests: 14 guests in 6 cabins
• Built: 2017

EUR 55,000,000† (EU VAT paid)

• Length: 70.6m (231.6ft)
• Built: 2011
• Proteksan Turquoise

EUR 24,800,000 (EU VAT paid)

• Built: 2002 (refitted 2022)
• Royal Denship

EUR 49,500,000†

• Length: 65m (213.3ft)
• Built: 2011 (refurbished 2021)

EUR 35,800,000

• Length: 64.8m (212.6ft)
• Built: 2006 (refitted 2017)

MAGNA GRECIA

EUR 15,000,000

• Length: 63.8m (209.3ft)
• Built: 1986 (rebuilt 2019, refitted 2019)
• Elsflether Werft

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At Burgess, we always go the extra mile to find your perfect yacht and are here to guide you every step of the way during the process of buying a yacht. From securing private viewings to sourcing the best luxury yachts for sale from around the world, our expertise is your guarantee.

Access to luxury yachts unavailable on the open market

We don’t just have access to the largest public inventory of new and pre-owned luxury yachts to buy on the market, we shortlist your selection from a wide-reaching network of yacht owners to ensure you only ever get the yacht that you truly want.

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The market moves quickly in the superyacht world, which is why we have positioned ourselves to gain the best vantage point, with access to the most attractive yachts to buy, to ensure you have a tailored selection wherever you are in the world.

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€5 Million Euros Yachts for Sale

Embark on a voyage of unparalleled luxury and unrivaled craftsmanship with our exclusive selection of yachts available for €5 million. These magnificent vessels, a testament to nautical engineering and design excellence, are curated for the elite mariner who demands nothing but the epitome of elegance and performance.

Each yacht in this prestigious category is a masterpiece, showcasing bespoke interiors that blend sumptuous materials, sophisticated design, and state-of-the-art technology. The expansive living spaces are bathed in natural light, offering panoramic views of the azure waters, setting the stage for unforgettable moments at sea.

On deck, the blend of functionality and luxury continues. Spacious areas for relaxation and entertainment are complemented by advanced navigation systems and sailing technology, ensuring that every voyage is as seamless as it is exhilarating. Whether you seek the thrill of a transoceanic adventure or the tranquility of secluded bays, these yachts promise to deliver an unmatched sailing experience.

Power and grace define the performance of these yachts, with cutting-edge engineering ensuring swift, agile, and efficient navigation across the globe’s most demanding waters. Each vessel is not just a means of travel but a statement of prestige and a sanctuary of privacy and comfort.

Owning a yacht from our €5 million collection is more than a purchase; it’s an investment in a lifestyle defined by adventure, luxury, and the freedom of the open sea. Welcome to the pinnacle of yachting excellence, where your dreams of maritime splendor become reality.

Used €5 Million Euros Yachts for Sale

68.14m | Custom | 2026

56.69m | Brooke marine | 1991

SANSSOUCI STAR

53.5m | Husumer schiffswerft | 1982

50.9m | Custom | 2007

49.37m | Oceanco | 1994

49.37m | Gunderson marine | 1967

LANGKAWI LADY

48m | Sterling yachts | 1983

48m | RadeŽ d.d. | 2019

47.24m | Pendennis | 2004

S/Y TAMARITA

46.6m | Perini navi | 1991

46.52m | Custom built | 1984

COSTA MAGNA

44.5m | Proteksan | 1983

44m | Heesen yachts | 1993

2017 SAFARI YACHT 142 CUSTOM

43.35m | Custom | 2017

LADY GOODGIRL

42.9m | Hall russell | 1964

42m | Amels | 1987

42m | Mondomarine | 1991

42m | Custom | 2008

41.45m | Intermarine | 1999

40.53m | Broward | 2008

40.4m | Su marine | 2013

40m | Crn | 1976

40m | Cnt castagnola | 2013

39.7m | Custom | 1975

PAULA & BIEL

39.62m | Overmarine group | 2009

39.62m | Mangusta | 2009

38.7m | Trident shipworks | 1998

38.7m | Crescent | 1998

38.4m | Trinity | 2001

38.34m | Heesen yachts | 1996

38.12m | Falcon | 2012

38.09m | Norship | 1994

38m | Turkish gulet | 2021

37.95m | Feadship | 1981

MURPHY'S LAW

37.79m | Delta | 1998

37.79m | Breaux baycraft | 1979

37.79m | Trinity | 2002

37.5m | Crn | 1986

37.5m | Bilgin yachts | 2010

ALEXA OF LONDON

37.5m | Gdansk / filipiak | 1992

37.5m | Fitzroy yachts | 2005

TAIPAN OF WALES

37.4m | Pendennis | 1991

37m | Cantieri navali di termoli | 2003

36.62m | Feadship | 1974

36.6m | Louisbourg | 2004

36.6m | Palmer johnson | 2005

36.57m | Christensen | 1995

36.57m | Benetti | 2007

RISK & REWARD

36.57m | Crescent | 2004

36.4m | Canados | 1984

36.27m | Norship | 1992

36.09m | Admiral yachts | 2006

36m | Crn | 1986

QUEEN OF DATCA

36m | Custom built | 2009

35.99m | Custom built | 1992

BETELGUESER

35.96m | Custom | 2012

WILDE WHALE

35.85m | Hatteras | 1993

35.62m | Technomar | 2008

35.6m | Heesen yachts | 1998

35.5m | Arcadia yachts | 2012

CUSTOM MOTORSAILOR

35.4m | Custom | 2012

35.37m | Pershing | 2004

LA CIMA III

35.37m | Pershing | 2010

35.35m | Aos | 1993

35.35m | Transworld yachts | 2014

LAZZARA 116 OPEN BRIDGE

35.35m | Lazzara | 2007

35.1m | Hargrave | 2005

35.1m | Alloy yachts | 1994

35.05m | Sunseeker | 2011

35.05m | New zealand yachts | 2005

WIRE WE HERE

35.05m | Westport - crescent | 1994

CUSTOM MADE MOTORSAILER

35m | Custom | 2003

34.95m | Benetti | 2003

34.75m | Cantieri di pisa | 1990

LADY AUDREY

34.74m | Hatteras | 1994

BRANDI WINE

34.74m | Hargrave | 2009

DONNA DEL MARE

34.6m | Aegean yacht | 2006

34.25m | Royal huisman | 1994

34.13m | Sunseeker | 2011

34.13m | Leopard | 2008

34.13m | Westport | 2001

34.13m | Westport | 2008

34.06m | Bodrum oguz marin | 2021

34m | Crn | 2001

34m | Codecasa | 1988

34m | Arno | 2007

34m | Hall russell | 1964

BENITA BLUE

33.7m | Evolution yachts | 2005

33.7m | Riostar yachts | 2008

33.52m | Custom yacht | 2016

LADY TAMARA

33.52m | Swiftships | 1977

INDEPENDENCE 110

33.53m | Floeth yachts | 2023

33.5m | Feadship | 1939

33.49m | Overmarine group | 2005

33.48m | Overmarine group | 2003

33.48m | Overmarine group | 2008

TECHNOMARINE

33.28m | Overmarine group | 2007

33.04m | Majesty | 2020

33m | Witsen & vis | 1971

33m | Sanlorenzo | 2008

32.91m | Viking sport cruisers | 2002

32.91m | Sunseeker | 2007

32.91m | Cheoy lee | 1992

MANGUSTA 108

32.91m | Mangusta | 2005

32.62m | Ferretti custom line | 2011

32.62m | Custom line | 2013

32.61m | Ferretti custom line | 2011

SAINT GERMAIN

32.5m | Custom | 2015

32.28m | Inace | 2006

32.08m | Holland jachtbouw | 2004

PRINCESS 32M

32m | Princess yachts | 2012

SOBRE LAS OLAS

32m | Wilmington boat works | 1929

32m | Chantier de l'esterel | 1963

32m | Baglietto | 2004

32m | Princess yachts | 2013

32m | Admiral yachts | 2004

32m | Custom | 2007

HATTERAS 105

32m | Hatteras | 2011

32m | Vbg superyachts | 2009

31.69m | Astilleros de mallorca | 1995

31.7m | Windship yachts | 1992

THE BEST DAY

31.39m | Broward | 1990

31.08m | Oceanfast | 1989

STAMOS BIEN

31.08m | Maiora | 2001

31.08m | Custom built | 2015

ILLUSION OF THE ISLES

31m | Southern wind shipyards | 2006

30.91m | Azimut yachts | 2007

30.81m | Oyster marine ltd | 2012

30.78m | Hargrave | 2010

101' HARGRAVE

30.78m | Hargrave | 2016

SUNSEEKER 101 SPORT YACHT

30.78m | Sunseeker | 2014

30.78m | Custom line | 2007

30.75m | Azimut yachts | 2008

30.51m | Astondoa | 2017

30.5m | Cnb yachts | 2009

30.48m | Tecnomar | 2009

30.47m | Benetti | 2003

If there are no brokerage yachts available on the market, you can get in touch with our brokers to find an off market one or build a new one. 

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Used Yachts For Sale Between $1,500,000 and $2,000,000

Finding a used yachts for sale between $1,500,000 and $2,000,000 that fits your needs when it comes to number of passengers, horsepower, inside accommodations, and other features on board can be a challenge with so many options available on the market today. There are many types of boats available between $1.5m and $2m like  center-consoles ,  cruising yachts , motor yachts and  fishing boats , with many good options across all length ranges Still, there are plenty of opportunities with brands like  Sea Ray ,  Carver ,  Princess ,  Grand Banks ,  Meridian ,  Viking ,  Hatteras ,  Bertram , and others. Let the team at United Yacht Sales help you find the right vessel that fits your needs under $2 million.

Yachts $ 1,500,000 to $ 2,000,000

70' Pershing 70 2017

Deo Juvante

62' Sunreef 62-ARC 2018

58' Kadey-Krogen 58 Extended Bridge 2016

53' Scout 530 LXF 2020

126' Custom 2021

70' Hinckley 70 Souwester 1998

72' Azimut 72 2017

65' Sea Ray 650 FLY 2017

Sovereign Lady

123' Broward Tri Deck 1993

SILVER MAMA

92' AB Yachts AB 92 2008

84' Ferretti Yachts Altura 840 2010

82' Azimut 82 2011

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Viking Yachts 52 Open For Sale

• By Jake Lamb
• April 25, 2024

Gilman Yachts has this tournament-ready 2016 Viking Yachts 52 Open listed at $1.85 million. 

“The hull of the Viking 52 Convertible is a perfect platform for this new 52 Open . With its aggressive entry, 12-degree transom deadrise, and molded strakes for lift and planing efficacy, the resin infused hull features a matrix of DuPont Kevlar, knitted fiberglass laminates, end-grain balsa and foam coring, custom blended modified epoxy and polyester resins, and vacuum-bagged bulkheads,” Viking Yachts stated. 

Anglers will have a smile on stepping into this 52 Open’s 142-square-foot cockpit with mezzanine seating and a tourney’s worth of bait stowage. A number of features will improve the fishing experience like the transom and in-sole livewells, a teak rocket launcher and Rupp hydraulic outriggers.

Depending on load and conditions, the optional 1,400 hp MAN V12 1400CRM diesels will push the 52 Open to a reported 40-knot top hop and a 35-knot cruise speed.

The climate-controlled bridge deck with lounge seating abaft the helm station has an EZ2CY enclosure. Guests will find companion seating flanking the Stidd helm chair with a single seat to port and a bench seat to starboard. Aft, an L-shaped settee and ottoman to port with a U-shaped settee and fixed high-gloss table to starboard complete the seating arrangement.  

Belowdecks, the three-stateroom layout means owners get booth seating adjacent to the galley amidships. The galley is equipped with an array of appliances, including:

• Sub-Zero refrigerator (two drawers)
• Sub-Zero freezer (two drawers)
• Sharp Carousel microwave/convection oven
• Kenyon four-burner electric cooktop

Accommodations belowdecks are three staterooms that sleep up to six people. The forepeak master stateroom has a queen berth. The aft starboard guest stateroom has a double berth while the forward starboard guest stateroom has upper and lower berths, a great setup for the traveling tournament team.

Some other notable features on board include:

• Garmin 1206 XHD radar 12KW W/6-foot updated array, 72-nm range
• Garmin GPSMAP8215 15-inch MFD preloaded with coastal charts
• Two Garmin GPSMAP8215 15-inch MFDs preloaded with coastal charts
• Garmin GNT10 N2K transceiver
• Garmin AIS 600 AIS transponder
• Garmin GSD-26 CHIRP video sounder module
• Furuno RD33 data organizer and display
• Furuno 235DHTLMSE HI-PRECTIP2 transducer
• GHP reactor autopilot
• Garmin RPU GRF10 sensor
• ICOM ICM604 VHF radio
• Fusion MS-UD750 marine stereo
• Fusion NRX2001 wired remote
• KVH TRACVISION
• Onan 21.5 kW generator

Where is the 2016 Viking 52 Open located? The yacht is currently lying in Stuart, Florida.  

Take the next step: Contact the listing agent, Joe Majcherek , 1-561-346-2367.

Quick Specifications

• Length Overall: 52′
• Maximum Beam: 17’6″
• Fuel Capacity: 1,467 Gal.
• Draft: 4’11”
• More: 50'-99' , Brokerage , Gilman Yachts , Viking , Viking Yachts , Yachts for Sale
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Jefferies CEO Rich Handler cashes in more than $65M in stock to buy yacht

Sale involved 1.5m shares of jefferies financial group stock.

FOX Business Flash top headlines for April 24

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Rich Handler recently offloaded a boatload of Jefferies Financial Group stock.

The investment bank on Wednesday disclosed the transaction in both a press release and Securities and Exchange Commission filing, saying its CEO had done so "to facilitate the purchase of a personal boat and to pay tax obligations."

The sale involved 1.5 million shares and equated to $65.25 million, according to Jefferies.

Richard Handler, chairman and chief executive officer of Jefferies Group Inc., speaks at the Milken Scholars Alumni Symposium in New York, U.S., on Friday, Feb. 22, 2013. The Milken Scholars Program provides support for talented young leaders in coll (Peter Foley/Bloomberg via Getty Images / Getty Images)

Handler said in a statement that he "do[es] not intend to sell any further shares." Jefferies shares have posted more than a 41% increase in the past year. 

SEE META CEO MARK ZUCKERBERG'S BRAND NEW 287-FOOT SUPERYACHT

Handler’s stake in the investment bank became roughly 19.25 million shares "on a fully diluted basis" post-transaction, according to Jefferies.

"I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full-service investment banking firm," the CEO said. 

Jefferies Financial Group

Handler explained the offloading of shares as a "gift to myself and my family."

The only reasons Handler has ever offloaded Jefferies stock in the past were taxes and philanthropy, according to the investment bank.

Handler is acquiring a 164-foot yacht built by Westport that belongs to billionaire and Fertitta Entertainment owner Tilman Fertitta, the Financial Times reported .

CLICK HERE TO READ MORE ON FOX BUSINESS

Fertitta also owns a larger, 252-foot yacht that boasts a pool and helipad, according to Boat International. That newer vessel reportedly came from Feadship.

Houston Rockets owner Tilman Fertitta attends the game between the Atlanta Hawks and Houston Rockets at Toyota Center on November 25, 2022, in Houston, Texas. (Photo by Marcus Ingram/Getty Images) (Marcus Ingram/Getty Images / Getty Images)

"Haha! Maybe the best advertising for @jefferies is that our customers sell us their ‘ smaller boats ’ after they can easily upgrade! @TilmanJFertitta!" Handler wrote in a Thursday tweet that included an image of the book "Where Are the Customers’ Yachts? Or A Good Hard Look at Wall Street" by Fred Schwed Jr.

More than 10,800 yachts currently exist, according to the Superyacht Times.

JEFF BEZOS, LAUREN SANCHEZ ENJOY SUN, SUPERYACHT

FOX Business reached out to Jefferies for comment.

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Jefferies ceo rich handler sells 1.5 million shares of stock.

NEW YORK, April 24, 2024 --( BUSINESS WIRE )--Jefferies Financial Group Inc. (NYSE: JEF) announced that its Chief Executive Officer, Rich Handler, sold 1.5 million shares of Jefferies stock today at $43.50. The sale was made to facilitate the purchase of a personal boat and to pay tax obligations. For the 34 years since joining Jefferies in 1990, Mr. Handler has received approximately 70% of his compensation in the form of Jefferies shares and, except for tax purposes and charitable donations, has never sold shares. Following this sale, Mr. Handler owns on a fully diluted basis approximately 19.25 million Jefferies shares. Today’s sale represents approximately 7% of Mr. Handler’s aggregate holdings.

Mr. Handler stated: "My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares. I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full service investment banking firm."

About Jefferies Financial Group Inc.

Jefferies is a leading, global, full-service investment banking and capital markets firm. With more than 40 offices in 21 countries around the world, we offer insights and expertise to investors, companies and governments.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements about our future and statements that are not historical facts. These forward‐looking statements are typically identified by such words as "believe," "expect," "anticipate," "may," "intend," "outlook," "will," "estimate," "forecast," "project," "should," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which will change over time. Forward-looking statements may contain beliefs, goals, intentions and expectations regarding revenues, earnings, operations, arrangements and other results, and may include statements of future performance, plans, and objectives. Forward-looking statements also include statements pertaining to our strategies for future development of our businesses and products, including Jefferies and SMBC Group’s strategic alliance. In particular, forward-looking statements include statements about the potential benefits of the collaboration with SMBC Group and SMBC’s intention to increase its equity investment in Jefferies, as SMBC is under no obligation to do so. Forward‐looking statements speak only as of the date they are made; we do not assume any duty, and do not undertake, to update any forward‐looking statements. Furthermore, because forward‐looking statements represent only our belief regarding future events, many of which by their nature are inherently uncertain, the actual results or outcomes may differ, possibly materially, from the anticipated results or outcomes indicated in these forward-looking statements. Information regarding important factors, including Risk Factors that could cause actual results or outcomes to differ, perhaps materially, from those in our forward-looking statements is contained in reports we file with the SEC. You should read and interpret any forward-looking statement together with reports we file with the SEC. Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy will be profitable or equal the corresponding indicated performance level(s).

View source version on businesswire.com: https://www.businesswire.com/news/home/20240424797155/en/

Media Contact: Jonathan Freedman (212) 284 - 2300 [email protected]

Jefferies CEO sold $65 million in stock to buy a yacht from a client

• Jefferies CEO Rich Handler sold $65 million in company stock to buy a luxury yacht.
• He's said to be buying a Westport 164 from his friend Tilman Fertitta, a Jefferies client.
• Handler said on Wednesday that he wasn't planning any more stock sales.

Jefferies CEO Rich Handler sold $65 million of his stock in the company to buy himself a gift — a luxury yacht.

Handler sold 1.5 million shares , or 7% of his holdings, to purchase a "personal boat and to pay tax obligations," the investment bank said in a Wednesday statement.

"My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares," Handler said in the statement. "I remain extremely bullish on Jefferies."

Related stories

A source told the Financial Times the boat was a Westport 164 yacht and was being purchased from Handler's longtime friend Tilman Fertitta, a Jefferies client.

Fertitta is the billionaire CEO of the hospitality company Landry's and owns the Houston Rockets, an NBA team. The two men jointly own Landcadia Holdings, a blank-check company.

Jefferies said in the statement that Handler, who's been with the bank since 1990, had received about 70% of his pay in the form of company shares. The bank said he'd previously sold shares only for tax purposes and charity.

Jefferies didn't immediately respond to a request for comment from Business Insider.

Investors often view executives' stock sales as signaling a lack of company confidence, so any sales are carefully messaged.

In October, JPMorgan Chase CEO Jamie Dimon said he would sell 1 million of his 8.6 million shares, his first sale since becoming CEO in 2006. The filing announcing the planned sale said that Dimon chose to sell the stocks "for financial diversification and tax-planning purposes" and that he "continues to believe the company's prospects are very strong."

Dimon sold the first of the sets of shares in February for $150 million and sold the remainder earlier this month, pocketing $183 million in total proceeds.

Watch: Truth Social just brought Trump a $4 billion windfall, but experts aren't sold

• Main content

A $50 million private island that's a 10-minute boat ride off the coast of Florida just hit the market. Take a look.

• A 7-acre private island off Florida's coast is on sale for $50 million.
• Black's Island has a private resort with 26 waterfront bungalows.
• The owner is open to selling the entire island or some of the bungalows, starting at $1.5 million.

If owning a private island is a personal dream for you, you're in luck — a 7-acre private island located just 3 miles off the coast of Florida just hit the market and could be all yours for $50 million.

Black's Island is located in Saint Joseph Bay and just south of Port St. Joe on Florida's panhandle. The island was named for Samuel "Black Sam" Bellamy, who is known as the wealthiest pirate in history.

The island hosts its own private resort, complete with 26 waterfront bungalows as well as common areas like a clubhouse, cabana, and pool, according to the sale listing. The structures are connected via an elevated boardwalk that runs along the center of the island.

Black's Island currently hosts short-term rentals with the help of a management company and full-time staff on the island, which is accessible via a 10-minute boat ride from the mainland, or by seaplane and helicopter.

From the dock on the mainland, the Panama City Beach International Airport is an hour-and-twenty-minute drive away. A smaller airport for those flying in on a private jet is only 25 minutes away.

"You're only 3 miles off the mainland, and you seriously feel like you're in the islands," Lori Bembry Weldon, one of the listing brokers at Jon Kohler & Associates, told Business Insider, adding, "It's really super cool. There's just nothing like it on the coast of Florida that's available."

If you can't quite swing the $50 million price tag, you may still have a chance to get a slice of the island life .

In addition to listing the entire island for sale, the owner has also listed several of the individual bungalows . Weldon said the owner, Atlanta developer Scott Seymour, is open to selling the entire island or just some of the bungalows — so it will ultimately depend on what potential buyers are interested in.

In this scenario, Weldon said the setup would be similar to a condo homeowners' association. The bungalows, which start at $1.5 million, would be purchased under a 99-year lease, and there would be a $25,000-a-year HOA fee to cover taxes, insurance, repairs, and utilities, including upkeep for all the common areas.

Weldon also said in the case of individual bungalow sales, pre-approved title insurance and lenders have already been set up, so potential buyers would not have to worry about getting insurance — an increasing problem in Florida .

The bungalows, which were first built in 2009, were remodeled when Seymour bought the island in 2018. Weldon said that in addition to renting out the bungalows, he also frequently spends time on the island.

Seymour is also currently building a $20 million hotel on the mainland where anyone who purchases a bungalow will be able to park. The hotel is also set to be named after the infamous pirate and will be called The Bellamy.

If you enjoyed this story, be sure to follow Business Insider on Microsoft Start.

Woman charged in deadly boat club crash released from jail on $1.5 million bond

MONROE, Mich. (WXYZ) — The woman charged in the deadly crash at the Swan Boat Club in Berlin Township on Saturday has been released after posting bond, jail officials confirmed.

Bond for Marshella Chidester, 66, was set at $1.5 million. She was given conditions that included not operating a motor vehicle, substance abuse monitoring and a GPS tether.

Chidester crashed into the boat club on Saturday afternoon as it was hosting a child's birthday party.

VIDEO: Video shows vehicle right before deadly crash at Swan Boat Club

According to the sheriff's office, two siblings, 8-year-old Alanah Phillips and 4-year-old Zayn Phillips, were pronounced dead at the scene.

Ten other people, including Alanah and Zayn’s mother, were injured in the crash and hospitalized. One of the victims suffered minor injuries and sought treatment on his own. The other nine victims’ conditions varied from minor injuries to critical condition.

Chidester was arraigned Tuesday morning on eight charges, including two counts of second-degree murder, two counts of OWI causing death and four counts of OWI causing serious injury.

In court Tuesday, the judge allowed friends and family members of the victims to speak and emotions ran high.

During the arraignment, the prosecution asked for a $1.5 million bond and said that they have substantial evidence in the case and that the suspect had a substance abuse issue.

In arguing against the high bond, Chidester's attorney, Bill Colovos, said that Chidester has never had any traffic citations and that Chidester has a history of having seizures since last November, saying that it was an "epileptic-type seizure in her legs."

VIDEO: Hear from the aunt during the arraignment below:

The arraignment was interrupted several times on Zoom by people watching.

“I had to see my deceased niece and nephew. I had to see their very last moment before her car was removed,” Alanah and Zayn’s aunt Raquel Smothers said. “I had to be the one to tell my sister her babies were gone when they removed her ventilator yesterday. She said 'How am I supposed to live without my babies?'”

Related: 'Very rare': Judge allows loved ones to address alleged boat club drunken driver

If you would like to help the family pay for funeral services, you can do so at the verified GoFundMe link here.

A GoFundMe has also been set up for one of the victims in the hospital. This page is also verified.

Anyone with information regarding the incident is asked to call the Monroe County Sheriff's Office Detective Bureau at 734-240-7530.

Related: Restaurant hosts fundraiser for family of 2 siblings killed in Swan Boat Club crash

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Judge sets $1.5 million bond for woman charged in Monroe County boat club crash

A judge on Tuesday set a $1.5 million bond for a Newport woman charged with eight crimes related to the fatal crash at the Swan Boat Club in Monroe County.

Marshella Chidester stared forward blankly in Monroe County’s district court as Raquel Smouthers, in sobs, recalled the moment she told her sister Mariah Dodds in the hospital that Dodds’ two young children were killed. 

“I had to be the one to tell my sister her babies were gone when they removed her ventilator yesterday. She said: ‘How am I supposed to live without my babies?’ “ Smouthers said in comments permitted by the judge.

Chidester, 66, of Newport, is accused of driving drunk and plowing her SUV into a birthday party Saturday at the club in Newport. Chidester’s lawyer, Bill Colovos, argued that his client suffered seizures in her legs and only had one glass of wine that day. 

Dodds and three of her children were attending the party. Two of Dodds' children, 8-year-old Alanah Phillips and 4-year-old Zayn Phillips, were killed, and over a dozen other people were injured. Dodds and her 11-year-old son survived, but are still hospitalized. Both of the boy's legs and some ribs are broken and his skull is fractured.

In court, Chidester continued to look straight ahead as she sat in her striped jumpsuit and orange slippers, her right arm in a cast. She did not react when Judge Christian Horkey read the charges against her aloud: two counts of second-degree murder, two counts of operating a vehicle while intoxicated causing death and four counts of operating a vehicle while intoxicated causing serious injuries.

Monroe County Prosecutor Jeffery Yorkey asked for a $1.5 million cash bond, pointing to a history of "severe substance abuse" allegedly corroborated by friends and family of Chidester. Judge Horkey agreed to the bond.

Chidester’s arraignment on Tuesday was filled with tense moments as even more members of Dodds’ family and community members, some of whom attended the court hearing virtually on the web, interrupted Colovos, as he spoke on Chidester's behalf.  

Colovos compared the high bond to burning his client at the stake “by just craziness” and “crazy words.”

Horkey also ordered bond conditions should Chidester post bond, including alcohol testing, a tether, and she would be prohibited from drinking or driving. 

Chidester isn’t a monster, Colovos said. She lived a quiet, retired life with her husband right down the road from the club, he said.

Colovos’ theory, he argues, was that Chidester was invited to the birthday party that day and had a seizure on the way to the party. Chidester doesn’t remember what happened and “feels horrible,” he said. He noted that his client has a clean criminal record and no traffic violations. Colovos said they are waiting for tests to determine her blood alcohol levels.

Dodds’ loved ones and community members interrupted Colovos with statements, including “she was drunk.”

The children’s grandmother, Kathy Phillips, spoke as well.

“She took my grandbabies from us,” Phillips said. "She made that choice to go in that car, and she chose to drink and drive.”

The family's lives are destroyed, Smouthers said.

More: Mom of siblings killed in Monroe County boat club crash sues suspect, tavern

More: Fundraiser for Monroe County crash victims exceeds $200,000 in donations

"Nobody should ever have to go to a birthday party thinking that they're gonna die," Smouthers said, who saw her deceased niece and nephew the last moment before the car was removed.

"It's a horrible, dramatic thing. I cannot close my eyes at night without seeing the babies and what they look like," she said.

Chidester had been an officer of the boat club, acting as a commodore for the group. Her mother was a charter member of the club, according to the mother's 2006 obituary. Chidester worked at DTE as a manager at Fermi 2, according to her LinkedIn page and the Monroe News. A spokesperson for the utility said she left that job nine years ago.

Childester’s next court appearances are scheduled for a probable cause conference April 30 and a preliminary examination on May 6.

Zayne, Alanah remembered

Hurt and pain reverberated throughout Horkey’s small Monroe County courtroom. For Nicholas Phillips, the deceased children’s uncle, “there is no justifying what she did to my family,” he said in court via video, referring to Chidester.

Alanah used to watch her dad play basketball, "but now that little girl is not gonna be able to go see it.”

And the child’s father is at the hospital praying that his older son makes it through, Phillips said.

“And he’s still gotta tell his son that he lost his sister and brother. How is that right or how is that even fair? How is it even justified?” Phillips said.

Zayn was about to turn 5.

“We were supposed to be planning a birthday party for Zayn, not a funeral,” Smouthers had said in court. Her own birthday was a few days prior and "the babies were just at my house."

Smouthers said her niece Alanah had "flawless curly hair" and loved to dance. Her nephew, Zayn hated how Smouthers' truck was always dirty, so she cleaned it just for him.

Zayn loved cracking jokes, Smouthers said. Eminem was his idol.

Lawsuit filed against Chidester, bar

On Monday, Dodds and her 11-year-old son, identified as “J.P.” filed a lawsuit against Chidester and Verna’s Tavern, where Chidester was allegedly seen drinking prior to the tragedy, according to the lawsuit.

The lawsuit accuses Chidester of gross negligence.

A witness described to the Free Press hearing a loud crash and the screams of children and adults.

"Can you imagine anything worse than that as a human being, as a parent?" said Jon Marko, one of Dodds' attorneys.

The lawsuit argues that Verna's Tavern is also liable. The bar allegedly sold Chidester alcohol while she was visibly intoxicated, according to the lawsuit, and she continued drinking until she left the bar and ultimately crashed.Verna's Tavern should have stopped selling Chidester alcohol and should have provided alternate transportation to her home, the lawsuit argues.

A spokesperson for the bar, and Chidester’s attorney, maintains she only had one glass of wine. An attorney for the bar couldn’t be reached Tuesday.

Andrea Sahouri covers criminal justice for the Detroit Free Press. She can be contacted at 313-264-0442 or [email protected] .