archimedes yacht james simons

$100 million super yacht 'Archimedes' docked at Port of Pensacola

by WEAR staff

PENSACOLA, Fla. -- A super yacht reported to be worth $100,000,000 is currently docked at the Port of Pensacola.

"Archimedes" is owned by U.S. billionaire James Simons.

It was manufactured at The Feadship Royal Van Lent Shipyard in Netherlands in 2008, according to CharterWorld.com.

It is unclear how long the yacht will be docked in Downtown Pensacola.

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Trader Assets: Jim Simons' Archimedes Yacht

Greek mathematician Archimedes was considered one of the leading scientists in classical antiquity, credited with anticipating modern calculus, analysis and deriving an accurate approximation of pi.

To many in finance, Jim Simons is regarded as a modern-day mathematical divinity, regarded amongst the smartest of the world’s billionaires for his role in founding New York-based Renaissance Technologies.

With estimated assets under management of $110 billion, Simons created one of the world’s leading funds following his career as a maths teacher at Stony Brook University. Forbes estimate that Simons himself has a net worth of over $21 billion.

8 Top Philanthropic Traders

But at 80-years-old, Simons has long since retired from the top job at Renaissance, although he continues to be named as its non-exec chair. Instead of monitoring the markets, Simons now prefers to spend his time divided between philanthropic projects (mostly related to mathematics and scientific educational grants) and relaxing on his yacht. The 68-metre long vessel known as… The Archimedes.

Its striking blue hull was recently spotted off the south coast of the UK, was built in 2008 by Dutch shipyard Feadship. Weighing over 1,000 tonnes, the yacht can host up to 16 guests in eight cabins and features a dining room, a study, an outdoor pool and even a piano.

It all requires a 10-strong crew with a combined salary of around £1.5m a year. Annual maintenance on top of that is estimated at a further £1m. Insurance alone is likely to cost around a quarter of a million, with dockage fees around the same. With estimated fuel ‘economy’ of 500 litres an hour, petrol costs are likely to run into the hundreds of millions.

Trading Legends: Jim Simons

But they say that money buys power and that is certainly the case when it comes to The Archimedes - with twin Caterpillar engines that boast over 4,000 BHP. For comparison, the Lotus Evija - recently crowned the world’s most powerful car - manages ‘just’ 2,000 BHP. It all means that Simons’ ship cuts through the ocean at a top speed of 16 knots, at a range of 6,000 nautical miles.

If you like the sound of that and want to make the legendary fund manager an offer he can’t refuse, you’ll be expected to stump up at least the $100m it is currently valued at…

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£75million superyacht The Archimedes arrives in Falmouth

The huge yacht belongs to James Simons, described as 'the world's smartest billionaire'

• 08:41, 10 AUG 2018
• Updated 11:01, 10 AUG 2018

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A £75million superyacht has rocked up at a Cornwall dock.

The Archimedes, which was recently moored in Bristol , is now in Falmouth harbour.

The huge yacht, which belongs to billionaire James Simons, had been docked in Bristol since Sunday afternoon (August 5) and arrived in Falmouth on Thursday.

Its presence caught the attention of most of Bristol - with many curious about the reason for the visit.

Some said they were “shocked and offended” at the presence of the billionaire’s yacht in the austerity-hit city.

Others took offence at the presence of the yacht and decided to stage a protest.

At one stage police were seen boarding the vessel in Bristol, but only to carry out a 'short community engagement' meeting with the crew.

Now a marine traffic app has showed that the vessel is around Pendennis Shipyard in Falmouth.

It is not known how long it will stay.

The Archimedes - in numbers

• The vessel is 68 metres long - much longer than an Olympic-class swimming pool of 50m
• Its beam, the widest point, is 12.3 meters - the length of double decker bus
• It can be crewed by a 18-strong team and house 16 guests
• This is over 8 cabins, comprising a master suite, 4 double cabins and 3 twin cabins.
• Her twin Caterpillar engines give it an astounding 4,000 BHP - almost four times the BHP of a Bugatti Veyron, the fastest car on the road
• It gives it a top speed of 16 knots, and a cruising speed of 12 knots
• With its 171,000 litre fuel tanks it has a range of 6,000 nautical miles.
• It weighs 1,100 tonnes - the same as 183 fully-grown African elephants
• The boat can store 53,400 litres of fresh water on board
• It is estimated the standard fuel usage for a 71m yacht is 500 litres an hour, meaning an average of £265m is spent just on petrol every year
• It can cost around £350,000 a year just in dockage fees
• The crew will command a salary of around £1.5m and the boat will generally need £1m spent on maintenance
• To insure a super yacht like this it will set you back about £240,000 a year.

Who owns the yacht?

James Simons is 80, was born in Massachusetts, USA, and previously worked as a maths teacher and Cold War code breaker.

According to Forbes he is worth an estimated £16billion and is the founder of New York City-based hedge fund firm Renaissance Technologies.

Simons founded the firm in 1982 and remained at the head of the company before announcing his retirement in January 2010.

Despite formally stepping down from his duties, Simons continues to hold the position of non-executive chairman.

Prior to Renaissance Technologies, Simons worked for many years as a mathematics professor at Stony Brook University in New York.

He has a bachelor’s degree in mathematics from the Massachusetts Institute of Technology (MIT) - one of America’s most prestigious educational institutions - and a PhD in mathematics from the University of California.

The yacht was built at the Dutch builder Royal Van Lent and delivered to Simons in 2008. It is not known if Simons is aboard the Archimedes, though the yacht is not believed to be available for charter, nor is it known how long it may remain in Cornwall.

In 2006 Financial Times described Simons as the “world’s smartest billionaire” after being named on the paper’s ‘alternative rich list’.

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James Simons’ $100M Luxury Superyacht Spotted in St. John’s

Amazing 68m superyacht archimedes was spotted in st. johns waterfront last week..

This superyacht, which docked in St. John’s Thursday, is owned by an American billionaire. (Gary Locke/CBC)

Motor yacht Archimedes was built by Feadship in Netherlands at their De Kaag shipyard, she was delivered to her owner in 2008. John Munford Yacht Design is responsible for her beautiful exterior and interior design.

Archimedes can accommodate 16 guests in 8 cabins, comprising a master suite, 4 double cabins and 3 twin cabins. she is also capable of carrying up to 18 crew onboard to ensure a relaxed luxury yacht experience., powered by 2 caterpillar 1,998hp diesel engines and propelled by her twin screw propellers motor yacht archimedes is capable of a top speed of 16 knots, and comfortably cruises at 12 knots., archimedes  is named after the greek mathematician  archimedes  of syracuse ,  known as the leading  scientists and mathematician in the  classical antiquity., like her owner james harris “jim” simons, an award-winning mathematician. he is also a former cold war code breaker, which specialises in systematic trading using only quantitative models derived from mathematical and statistical analyses, who founded the hedge fund management company renaissance technologies in 1982.  renaissance is one of the first highly successful hedge funds using quantitative trading—known as “quant hedge funds”—that rely on powerful computers and sophisticated mathematics to guide investment strategies. , as reported by forbes, his net worth as of june 2017 is estimated to be $18 billion, while in the previous year, it was $15.5 billion., james harris “jim” simons is   also a very active philanthropist. he founded the simons foundation, a charitable organisation which supports projects related to education and health, in addition to scientific research. as reported, the billionaires have given away $2.1 billion to charity, chairs math for america, and supports autism research,   simons also owns a us$ 70 million g650 private jet with registration n773mj. the mj refers to marilyn and james. marilyn is james’ wife. the jet was built in 2013 and has a list price of us$ 70 million. .

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Who owns that? $100M luxury yacht anchors in St. John's

The archimedes belongs to billionaire hedge fund manager, flies under bermuda flag.

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A luxury yacht is turning heads on the St. John's waterfront.

The Archimedes arrived in the city Thursday and is replenishing supplies.

The so-called superyacht is a $100-million vessel owned by hedge fund manager James Simons, an American who went from being a math professor to the founder of Renaissance Technologies.

Online sources  describe the boat as 68 metres with room for a dozen guests in six cabins. There are 18 crew.

Simons, who also owns a private jet, had an estimated net worth of $18 billion U.S in 2017, according to Forbes.

He's also a philanthropist, donating money to scientific research and to improve math programs in public schools.

In 2014,  The New York Times  did a profile piece on the "billionaire mathematician," which stated the man leads a life of "ferocious curiosity."

It's not known if Simons, 79, is aboard the Archimedes, which is not believed to be available for charter. He shuns the limelight and rarely gives interviews.

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£75m superyacht Archimedes departs from Bristol Harbour

The yacht, owned by billionaire James Simons, is now on the move - according to Ship Finder

• 05:49, 9 AUG 2018
• Updated 06:04, 9 AUG 2018

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The £75 million superyacht Archimedes has now started its journey out of Bristol Harbour.

The huge yacht, which belongs to billionaire James Simons, has been docked in Bristol since Sunday afternoon (August 5).

Its presence has seemingly caught the attention of most of Bristol - with many curious about the reason for the visit.

Others took offence at the presence of the yacht and decided to stage a protest.

At the time of writing (5.21am) Ship Finder has the yacht passing through Cumberland basin as it heads back up the River Avon.

By 5.46am it had passed Clifton Suspension Bridge as it heads out of Bristol.

It is not yet clear where the boat is heading next.

Picture courtesy Bristol 24/7 .

The Archimedes - in numbers

• The vessel is 68 metres long - much longer than an Olympic-class swimming pool of 50m
• It's beam, widest point, is 12.3 meters - the length of double decker bus
• It can be crewed by a 18-strong team and house 16 guests
• This is over 8 cabins, comprising a master suite, 4 double cabins and 3 twin cabins.
• Her twin Caterpillar engines give it an astounding 4,000 BHP - almost four times the BHP of a Bugatti Veyron, the fastest car on the road
• It gives it a top speed of 16 knots, and a cruising speed of 12 knots
• With its 171,000 litre fuel tanks it has a range of 6,000 nautical miles.
• It weighs 1,100 tonnes - the same as 183 fully-grown African elephants
• The boat can store 53,400 litres of fresh water on board
• It is estimated the standard fuel usage for a 71m yacht is 500 litres an hour, meaning an average of £265m is spent just on petrol every year
• It can cost around £350,000 a year just in dockage fees
• The crew will command a salary of around £1.5m and the boat will generally need £1m spent on maintenance
• To insure a super yacht like this it will set you back about £240,000 a year

Who owns the yacht?

American billionaire hedge fund manager James Simons owns the yacht. He is 80-years-old was as a maths teacher and Cold War code breaker and according to Forbes, he is worth an estimated £16billion and is the founder of New York City-based hedge fund firm Renaissance Technologies.

Simons founded the firm in 1982 and remained at the head of the company before announcing his retirement in January 2010.

Superyacht Archimedes causes a stir in Bristol

In 2006, Financial Times described Simons as the “world’s smartest billionaire” after being named on the paper’s ‘alternative rich list’.

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40 facts about elektrostal.

Written by Lanette Mayes

Modified & Updated: 02 Mar 2024

Reviewed by Jessica Corbett

Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to captivate you.

This article will provide you with 40 fascinating facts about Elektrostal, giving you a better understanding of why this city is worth exploring. From its origins as an industrial hub to its modern-day charm, we will delve into the various aspects that make Elektrostal a unique and must-visit destination.

So, join us as we uncover the hidden treasures of Elektrostal and discover what makes this city a true gem in the heart of Russia.

Key Takeaways:

• Elektrostal, known as the “Motor City of Russia,” is a vibrant and growing city with a rich industrial history, offering diverse cultural experiences and a strong commitment to environmental sustainability.
• With its convenient location near Moscow, Elektrostal provides a picturesque landscape, vibrant nightlife, and a range of recreational activities, making it an ideal destination for residents and visitors alike.

Known as the “Motor City of Russia.”

Elektrostal, a city located in the Moscow Oblast region of Russia, earned the nickname “Motor City” due to its significant involvement in the automotive industry.

Home to the Elektrostal Metallurgical Plant.

Elektrostal is renowned for its metallurgical plant, which has been producing high-quality steel and alloys since its establishment in 1916.

Boasts a rich industrial heritage.

Elektrostal has a long history of industrial development, contributing to the growth and progress of the region.

Founded in 1916.

The city of Elektrostal was founded in 1916 as a result of the construction of the Elektrostal Metallurgical Plant.

Located approximately 50 kilometers east of Moscow.

Elektrostal is situated in close proximity to the Russian capital, making it easily accessible for both residents and visitors.

Known for its vibrant cultural scene.

Elektrostal is home to several cultural institutions, including museums, theaters, and art galleries that showcase the city’s rich artistic heritage.

A popular destination for nature lovers.

Surrounded by picturesque landscapes and forests, Elektrostal offers ample opportunities for outdoor activities such as hiking, camping, and birdwatching.

Hosts the annual Elektrostal City Day celebrations.

Every year, Elektrostal organizes festive events and activities to celebrate its founding, bringing together residents and visitors in a spirit of unity and joy.

Has a population of approximately 160,000 people.

Elektrostal is home to a diverse and vibrant community of around 160,000 residents, contributing to its dynamic atmosphere.

Boasts excellent education facilities.

The city is known for its well-established educational institutions, providing quality education to students of all ages.

A center for scientific research and innovation.

Elektrostal serves as an important hub for scientific research, particularly in the fields of metallurgy, materials science, and engineering.

Surrounded by picturesque lakes.

The city is blessed with numerous beautiful lakes, offering scenic views and recreational opportunities for locals and visitors alike.

Well-connected transportation system.

Elektrostal benefits from an efficient transportation network, including highways, railways, and public transportation options, ensuring convenient travel within and beyond the city.

Famous for its traditional Russian cuisine.

Food enthusiasts can indulge in authentic Russian dishes at numerous restaurants and cafes scattered throughout Elektrostal.

Home to notable architectural landmarks.

Elektrostal boasts impressive architecture, including the Church of the Transfiguration of the Lord and the Elektrostal Palace of Culture.

Offers a wide range of recreational facilities.

Residents and visitors can enjoy various recreational activities, such as sports complexes, swimming pools, and fitness centers, enhancing the overall quality of life.

Provides a high standard of healthcare.

Elektrostal is equipped with modern medical facilities, ensuring residents have access to quality healthcare services.

Home to the Elektrostal History Museum.

The Elektrostal History Museum showcases the city’s fascinating past through exhibitions and displays.

A hub for sports enthusiasts.

Elektrostal is passionate about sports, with numerous stadiums, arenas, and sports clubs offering opportunities for athletes and spectators.

Celebrates diverse cultural festivals.

Throughout the year, Elektrostal hosts a variety of cultural festivals, celebrating different ethnicities, traditions, and art forms.

Electric power played a significant role in its early development.

Elektrostal owes its name and initial growth to the establishment of electric power stations and the utilization of electricity in the industrial sector.

Boasts a thriving economy.

The city’s strong industrial base, coupled with its strategic location near Moscow, has contributed to Elektrostal’s prosperous economic status.

Houses the Elektrostal Drama Theater.

The Elektrostal Drama Theater is a cultural centerpiece, attracting theater enthusiasts from far and wide.

Popular destination for winter sports.

Elektrostal’s proximity to ski resorts and winter sport facilities makes it a favorite destination for skiing, snowboarding, and other winter activities.

Promotes environmental sustainability.

Elektrostal prioritizes environmental protection and sustainability, implementing initiatives to reduce pollution and preserve natural resources.

Home to renowned educational institutions.

Elektrostal is known for its prestigious schools and universities, offering a wide range of academic programs to students.

Committed to cultural preservation.

The city values its cultural heritage and takes active steps to preserve and promote traditional customs, crafts, and arts.

Hosts an annual International Film Festival.

The Elektrostal International Film Festival attracts filmmakers and cinema enthusiasts from around the world, showcasing a diverse range of films.

Encourages entrepreneurship and innovation.

Elektrostal supports aspiring entrepreneurs and fosters a culture of innovation, providing opportunities for startups and business development.

Offers a range of housing options.

Elektrostal provides diverse housing options, including apartments, houses, and residential complexes, catering to different lifestyles and budgets.

Home to notable sports teams.

Elektrostal is proud of its sports legacy, with several successful sports teams competing at regional and national levels.

Boasts a vibrant nightlife scene.

Residents and visitors can enjoy a lively nightlife in Elektrostal, with numerous bars, clubs, and entertainment venues.

Promotes cultural exchange and international relations.

Elektrostal actively engages in international partnerships, cultural exchanges, and diplomatic collaborations to foster global connections.

Surrounded by beautiful nature reserves.

Nearby nature reserves, such as the Barybino Forest and Luchinskoye Lake, offer opportunities for nature enthusiasts to explore and appreciate the region’s biodiversity.

Commemorates historical events.

The city pays tribute to significant historical events through memorials, monuments, and exhibitions, ensuring the preservation of collective memory.

Promotes sports and youth development.

Elektrostal invests in sports infrastructure and programs to encourage youth participation, health, and physical fitness.

Hosts annual cultural and artistic festivals.

Throughout the year, Elektrostal celebrates its cultural diversity through festivals dedicated to music, dance, art, and theater.

Provides a picturesque landscape for photography enthusiasts.

The city’s scenic beauty, architectural landmarks, and natural surroundings make it a paradise for photographers.

Connects to Moscow via a direct train line.

The convenient train connection between Elektrostal and Moscow makes commuting between the two cities effortless.

A city with a bright future.

Elektrostal continues to grow and develop, aiming to become a model city in terms of infrastructure, sustainability, and quality of life for its residents.

In conclusion, Elektrostal is a fascinating city with a rich history and a vibrant present. From its origins as a center of steel production to its modern-day status as a hub for education and industry, Elektrostal has plenty to offer both residents and visitors. With its beautiful parks, cultural attractions, and proximity to Moscow, there is no shortage of things to see and do in this dynamic city. Whether you’re interested in exploring its historical landmarks, enjoying outdoor activities, or immersing yourself in the local culture, Elektrostal has something for everyone. So, next time you find yourself in the Moscow region, don’t miss the opportunity to discover the hidden gems of Elektrostal.

Q: What is the population of Elektrostal?

A: As of the latest data, the population of Elektrostal is approximately XXXX.

Q: How far is Elektrostal from Moscow?

A: Elektrostal is located approximately XX kilometers away from Moscow.

Q: Are there any famous landmarks in Elektrostal?

A: Yes, Elektrostal is home to several notable landmarks, including XXXX and XXXX.

Q: What industries are prominent in Elektrostal?

A: Elektrostal is known for its steel production industry and is also a center for engineering and manufacturing.

Q: Are there any universities or educational institutions in Elektrostal?

A: Yes, Elektrostal is home to XXXX University and several other educational institutions.

Q: What are some popular outdoor activities in Elektrostal?

A: Elektrostal offers several outdoor activities, such as hiking, cycling, and picnicking in its beautiful parks.

Q: Is Elektrostal well-connected in terms of transportation?

A: Yes, Elektrostal has good transportation links, including trains and buses, making it easily accessible from nearby cities.

Q: Are there any annual events or festivals in Elektrostal?

A: Yes, Elektrostal hosts various events and festivals throughout the year, including XXXX and XXXX.

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Our commitment to delivering trustworthy and engaging content is at the heart of what we do. Each fact on our site is contributed by real users like you, bringing a wealth of diverse insights and information. To ensure the highest standards of accuracy and reliability, our dedicated editors meticulously review each submission. This process guarantees that the facts we share are not only fascinating but also credible. Trust in our commitment to quality and authenticity as you explore and learn with us.

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Elektrostal

Elektrostal Localisation : Country Russia , Oblast Moscow Oblast . Available Information : Geographical coordinates , Population, Area, Altitude, Weather and Hotel . Nearby cities and villages : Noginsk , Pavlovsky Posad and Staraya Kupavna .

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