Trump's election as president of the United States marked a number of firsts, including the institution of what has historically become the wealthiest cabinet ever in existence in America. The billionaire's effect on politics and policy has become the subject of many international debates, yet his interests in yachting tend to be less talked about but remain no less fascinating when coupled with his administration.
In his former life as a billionaire businessman, Trump not only owned an 86m superyacht as well as a shipyard for a brief period of time, but he also ordered the world's largest yacht, although it was never completed. Meanwhile, US Secretary of Education, Betsy DeVos, with a net worth estimated at $1,5 billion, and her family have been linked to no less than 13 yachts over the years.
In 1980, the late Saudi businessman and arms dealer, Adnan Khashoggi took delivery of the 86 meter (282 ft) Nabila. Built by Benetti in Italy, she became the 8th largest yacht in the world and appeared in the 1983 James Bond movie, Never Say Never Again.
When Khashoggi, however, ran into financial problems, the Sultan of Brunei took possession of the yacht to cover one of his loans. The Sultan quickly flipped the yacht to Donald Trump for a reported $29 million in 1987. In an interview in 1988, Trump said he received a $1 million discount for agreeing to change the name from Nabila, Khashoggi's daughter.
Khashoggi probably spent $200 million building this yacht, probably the best yacht ever built. I purchased it for a business. I use it for my hotels. I use it for a lot of different charities.
After acquiring Nabila, Trump renamed the yacht to Trump Princess and had it refitted by Holland-based, Amels for a near $10 million according to the LA Times. The H on the helipad was also changed to a T to stand for Trump.
Spread into over 100 separate areas over five decks, Nabila was without a doubt one of the most complex yachts of her time. With luxurious materials including onyx used for her interior, the yacht was also ahead of her time from a technological standpoint. Remote controls were installs next to the bed for shades, room service, and the entertainment center.
Amongst the yacht's main feature was a hair salon with 3 separate chairs, a sauna, a private elevator for the owner, one for guests and one for the crew, a 2.4-meter in diameter spa pool with a waterjet behind bulletproof glass. Whilst still owned by Khashoggi, many arms deals were signed onboard the yacht.
In June 1989, Donald Trump announced that he would build a larger yacht, "something in excess of 400 feet long, closer to 500 feet" as he told Newsday and that he was accepting bids from yacht builders for this project. Amels, then owned by a group of 4 British investors, secured the deal to develop the 128-meter Trump Princess II according to NRC.
In May 1990, it was announced that Trump bought Amels altogether. At a press conference in Makkum in 1990, Jeff Walker, VP of Trump's investment empire, denied that the shipyard was sold due to the previous owner's financial difficulties, which some have said, resulted from Trump canceling the construction of the Trump Princess II.
In September 1990, two months after the acquisition, Trump sold Amels to American businessman, Peter Kutell according to Deseret News due to financial problems. At the same time, the Trump Princess was put up for sale and all work on the Trump Princess II stopped. In 1991, Trump Princess was sold to Prince Al-Waleed for $19 million who renamed the yacht to Kingdom 5KR.
The superstructure for Trump Princess II allegedly remained at the Amels Makkum facility until summer 2001 when it was eventually removed. According to sources familiar with the matter, the superstructure is still parked at the Makkum facility, now owned by Feadship De Vries and reportedly sometimes used as a bike parking space.
Although Trump never came back to yacht ownership, other members of his cabinet remained involved in the space to this day. Betsy DeVos, US Secretary of Education, and her husband have a combined net worth valued at $5,1 billion. Amongst their long list of assets are no less than 10 yachts and reportedly an interest in the shipyard that built them.
Delivered in 2008 by US shipyard, Westport, Seaquest measures 50 meters (162 ft) and was designed by Donald Starkey. Reaching a top speed of 24 knots, she is part of the Westport 164 series. Interestingly, she's also not the only Westport 164 linked to the DeVos family as the 50-meter Legacy is also reportedly owned by the family.
Whereas the actual construction price of this particular Westport is unknown, as is typical with the vast majority of new build yachts, a similar 50-meter Westport sold at an asking price of $29,950,000 in November 2016. It is standard for the final, actual price to be 30-40% lower to the asking price in yachting.
Delivered in 2011, Legacy is a slightly updated version of the Seaquest. According to the media, the DeVos family has a solid preference for Westport yachts, having reportedly owned several of them in the past years. In fact, the family may even have acquired a stake in the US yacht manufacturer according to SYF.
Amongst the Westports linked to the DeVos is a Westport 112 from 2003 and a Westport 130 from 2005. Their fleet also includes an 85ft Pacific Mariner ( a brand owned by Westport) called Sun Quest. Additionally, an 80ft Hatteras called Kitsune can also be found in their fleet according to the media.
Although the DeVos fleet may already sound expansive as it is now, the family hasn't always been buying Westports and went through a number of other yacht shipyards as well. One of these superyachts was the 53-meter sailing yacht Independence, delivered by Italian shipyard, Perini Navi in 1998.
The yacht has since been sold, renamed to Jasali II and made available for charter from €138,600 per week. Accommodating up to 10 guests in 5 cabins, she stretches over a beam of 11.4m and can cruise at up to 12 knots.
Prior to their long run with Westport, the DeVos have reportedly owned no less than five Feadships according to SYF, all of which have been named Enterprise. The first to qualify as a superyacht would become Enterprise II, a 116ft Feadship delivered in 1970 now known as Utopia II.
Although from a different era and with different standards, in the 1970s, Utopia II was a true superyacht for its time. Amongst her classical feature are a round aft with an open top deck, partly used to store its tenders. 10 years following her delivery, a new Enterprise was built by Feadship, this time measuring 131ft.
Now known as Seagull of Cayman following changes of ownership, she features several enhancements over the previous Enterprise. The most noticeable of these is a dedicated sundeck, an upper deck skylounge and a larger main salon aft of the main deck. Several weeks ago she was put again on the market at an asking price of €5,900,000.
Yet another improvement on Enterprise III, the 149ft Enterprise IV was also built by Feadship in 1985. Through the Enterprise line can be seen the growth of a niche industry into the superyacht sector it is today. Now known as Explora, the yacht features larger windows, a sleeker line and a swimming platform aft of the yacht, all of which weren't found on classical yachts.
The last Enterprise to be built was delivered by Feadship in 1993 and is today known as Chantal Ma Vie. Measuring 55-meters (179 ft) in length, she already was a good representation of the modern superyacht, featuring a sleek line, large sundeck, expansive lounges, spacious cabins, a swimming platform and purpose-built tenders. In 2010, she was sold at an asking price of $15,9 million to her current owner.
Although their effect on US policy can be polarising and debated throughout the world, the effect that Trump and member of his administration have had on yachting throughout the past decades has undoubtedly played an important role in growing the market to the point where it is today.
With the atmosphere incomparable to any other sporting event, the Monaco Grand prix stands almost distinct from the sport it was born from. Returning to the principality for its 77th run, this year’s race takes place from May 23 to May 26, with royalty, celebrities and billionaires flooding renowned harbour front of Monaco.With a race circuit passing directly in front of Port Hercules marina, the Monaco Grand Prix wouldn’t be complete without a selection of luxury yachts lined up opposite the track to soak up the high-octane racing action. Yacht Harbour takes a look at 7 superyachts worth attention during Monaco Grand Prix 2019.#1. Andreas LLength: 60 mBuilder: Benetti (2008)Asking price: € 25,000,000 Built by Benetti in 2008, this superyacht features a beam of 10.4 metres and a draft of 3.2 metres, built to a steel hull and aluminium superstructure. With her gross tonnage of 971 tons, Andreas L offers accommodation to 14 guests within 7 cabins with interiors by Redman Whiteley Dixon and exteriors by Stefano Natucci. Propelled by Caterpillar engines of 1600 hp, the yacht reaches a maximum speed at 18 knots and a cruises at 16 knots.She is fitted with a plenty of prime viewing acreage on the sundeck and a swim-up bar in her hot tub. #2. Illusion PlusLength: 88.8 m Builder: Pride Mega Yachts (2018)Delivered last summer, the yacht attends the show for the first time. What is more, she remains the largest yacht to ever have been built in Asia.British studio Rainsford Saunders Design was responsible for her sleek exterior lines, inspired by classic Rolls-Royce cars. Spread over six-decks, Illusion Plus offers two outdoor Jacuzzis, a touch-and-go helicopter landing pad and ample space for lounging, relaxing and partying. Illusion Plus can accommodate 12 guests over 8 en-suite cabins, with capacity for 25 crew.Her plush interior was crafted by Sinot Exclusive Yacht Design and installed by Greenline Yacht Interiors of Dubai. The superyacht features an in-built cinema screen, four guest lounges, two interior dining areas, a spa area with a sauna, steam room and massage room, a large tender garage and a lower deck ocean lounge with a bar.#3. SarastarLength: 60.2 m Builder: Mondomarine (2017) Asking price: € 50,000,000The yacht with a beam of 10.75 metres and a draft of 2.9 metres was launched in 2016. One of her main characteristics is the completely closed forward area in which the garage has been located. The tenders are hidden under a flush bridge that can be used as helipad, sunbathing area for guests or dance floor. Another key feature is represented by the stairs that lead one from the sundeck directly to the side of the wheelhouse. Sarastar can sleep up to 12 guests in a master suite and 5 double staterooms.For her interiors, Luca Dini worked worked with designers Silvia Margutti and Gabriele Tartaelli, who used rare natural materials (white onyx, semi-precious stones, crystals and exotic marbles).Noticeably, Sarastar is coming to small screens this year, as she has one of the leading roles in mystery-comedy for Netflix called "Murder Mystery", alongside with Hollywood superstars - Adam Sandler, Jennifer Aniston and Luke Evans.#4. Symphony Length: 101 m Builder: Feadship (2015) Similar to Illusion Plus, Symphony is among the largest spectators this weekend. With her interior volume of 3,000 tons, she features a beam of 14.1 metres and a draft of 4.1 metres. She reaches her maximum speed at 22 knots along with cruising speed of 14 knots.Symphony offers accommodation to up to 10 guests in 8 cabins with interiors by Zuretti and exteriors by Tim Heywood. She is fitted with an outdoor cinema on her bridge deck.In 2016, the yacht won Displacement Motor Yacht 2,999 GT and Above at the World Superyacht Awards.#5. BlushLength: 47.25 m Builder: Sunseeker (2014)Charter: from € 200,000 p/w.Blush was launched in 2014 as Sunseeker's flagship which it remains to this day. The vessel was originally owned by Eddie Jordan, the former owner of the Jordan Grand Prix Formula 1 team and current Top Gear co-presenter.First in the Sunseeker 155 series, Blush was designed by the yard's in-house team. Built out of GRP, the yacht can accommodate 10 guests in 5 cabins and carries a crew of 10. Blush is the 9th Sunseeker yacht that Mr. Jordan has owned over the years.Amongst the yacht's key features are an open sun deck, complete with a large Jacuzzi and sunbathing areas as well as a clever use of foldable balconies and glass that maximise entertaining space on-board. The owner's cabin, located forward on the main deck, has its own private balcony, a rare feature on yachts of this size. A beach club and swimming platform are further located aft of the yacht.From a technical standpoint, Blush is powered by twin MTU engines of 2,950hp each giving the yacht a maximum speed of 20 knots and a cruising speed of 15 knots. #6. ApogeeLength: 62.5m Builder: Codecasa (2003)Asking price: $24,950,000One of the largest yachts ever built by Italian shipyard, Codecasa, Apogee was delivered in 2003. She was refitted in 2009 and 2013. The motor yacht can accommodate 12 guests in 6 cabins with interior design by Della Role Design and exteriors by Codecasa in-house team.Speed wise, Apogee features a maximum speed of 14.5 knots, powered by twin Caterpillar engines of 2,260 HP each.#7. D’Natalin IVLength: 49.9 m Builder: Christensen (2014)D'Natalin was built in 2014 with a beam of 9 metres and a draft of 2.4 metres, GRP hull and GRP superstructure. With her interior volume of 499 tons, the yacht can accommodate 12 guests across 6 cabins with interiors by VARO and exteriors by Christensen.She boasts a maximum speed of 17 knots and a cruising speed of 15 knots.
May 24, 2019
Dutch shipyard Van der Valk has launched the 32-metre Jangada 2, the fifth and the largest one of the Raised Pilothouse custom series so far. The vessel will now go through sea trial paces, ahead of delivery to her repeat owners later in June.While her sistership had been delivered in 2015, the owner of Jangada 2 ordered the vessel at the end of 2017. All the way through, they worked in a close cooperation with designers Nick Top and Guido de Groot as well as Van der Valk in-house design team, to ensure their new yacht is fully customised to their requirements. Jaganda 2 is trademarked with specific features, such as VIP suite bathroom on the main deck that could be closed off for use by guests during the day without entering the bedroom itself. Other examples of specific requests on Jangada 2 include a minimalistic interior style based principally on whitewashed European oak.The flybridge deck will have an outdoor dining area, a sunbathing space with plenty of loose sunbeds and an all-aluminium hardtop providing ample shade, as well as a smart wet bar. Furthermore, there is abundant space for the storage of a tender and/or toys, including a crane with a lifting capacity of 800 kilograms. This deck will also feature a handy outdoor helm station.
The yacht’s main deck features curved glass sliding doors to the lounge, while a VIP suite forward offers fine views. The full-beam mater suite on the lower deck includes large his & her wardrobes and a dedicated office area. Seven more people can be accommodated within three other cabins, raising total guests’ capacity to eleven.After delivery, Jangada 2 will head to the Mediterranean for a relaxing summer cruise along the Côte d'Azur. She will make her official debut at the Cannes boat show 2019 in September. As to Van der Valk Shipyard, it is a family-owned business, operating since 1967 and currently employing over 45 craftsmen. The yard is located in Waalwijk, the Netherlands, with the founder, Wim van der Valk, remaining a driving force behind the company. Other recent projects of the yard included the first BeachClub 600 unit with plenty of space on-board and the second hull for 660- series Beachclub.
May 24, 2019
Italian explorer yachts builder Cantiere delle Marche (CdM) has announced that its 26.1-metre motor yacht Stella del Nord has been sold to a renowned Italian singer Andrea Bocelli. The yacht was built of steel and aluminium in 2015, as the fourth Darwin Class 86 unit. Built to RINA class and registered under 200 GT (at 199 GT), Stella del Nord features naval architecture and exterior design by Italy-based studio Hydro Tec, with interior concept developed by PFA Design.Stella Del Nord offers accommodation for up to eight guests across a full-beam master and a VIP suite and two twins, along with a crew of four in two cabins. She is also highly fuel efficient, while two Caterpillar engines of 365 hp each give her a maximum speed of 11.5 knots and a cruising speed of 10 knots. Stella Del Nord's maximum range is estimated at 7000 nautical miles. The yacht is trademarked with a 40-square-metre sun deck with a gas barbecue, bar, dining area, lounge area and a helm station. The aft deck with built-in upholstered bench seating and a freestanding table for six people, offers even more al fresco space. The indoor saloon is fitted with large windows allowing ample daylight, a U-shaped sofa and two armchairs upholstered in high quality leather, a large screen television and a dining area with seating for eight.Introduced to CdM by the Italian brokerage firm Corte Srl, Andrea Bocelli is an experienced yachtsman who has owned vessels of different sizes. One of his latest yachts, the 22-metre CRN Libertas, was sold in May 2019 asking $7,499,000. Through his new purchase, Bocelli was looking towards a serious expedition yacht, in other words, an operationally straightforward vessel, allowing comfortable sailing even under the most severe weather conditions.Stella del Nord was asking €6,100,000 at the moment of sale. Shortly after the handover, Bocelli set course for Naples on-board of his new vessel.
May 24, 2019
Napoli-based shipyard Arcadia Yachts has delivered the second hull in the builder’s 105 series, the winner of World Superyacht Awards 2019 for Best Semi-displacement or Planing Motor Yacht.<blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/BxwjwWYAzZd/" data-instgrm-version="12" style=" background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:540px; min-width:326px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);"><div style="padding:16px;"> <a href="https://www.instagram.com/p/BxwjwWYAzZd/" style=" background:#FFFFFF; line-height:0; padding:0 0; text-align:center; text-decoration:none; width:100%;" target="_blank"> <div style=" display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #F4F4F4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"></div> <div style="display: flex; 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font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:550; line-height:18px;"> Посмотреть эту публикацию в Instagram</div></div><div style="padding: 12.5% 0;"></div> <div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;"><div> <div style="background-color: #F4F4F4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);"></div> <div style="background-color: #F4F4F4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;"></div> <div style="background-color: #F4F4F4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);"></div></div><div style="margin-left: 8px;"> <div style=" background-color: #F4F4F4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;"></div> <div style=" width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg)"></div></div><div style="margin-left: auto;"> <div style=" width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);"></div> <div style=" background-color: #F4F4F4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);"></div> <div style=" width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);"></div></div></div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;"> <div style=" background-color: #F4F4F4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;"></div> <div style=" background-color: #F4F4F4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;"></div></div></a><p style=" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;"><a href="https://www.instagram.com/p/BxwjwWYAzZd/" style=" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none;" target="_blank">Публикация от Ocean Drive (@oceandrive_yachting)</a> <time style=" font-family:Arial,sans-serif; font-size:14px; line-height:17px;" datetime="2019-05-22T08:50:32+00:00">22 Май 2019 в 1:50 PDT</time></p></div></blockquote> <script async src="//www.instagram.com/embed.js"></script>The 32-metre yacht was christened Sea Coral II and delivered to charter broker OceanDrive. The yacht will be available for charter cruises around Amalfi, Sardinia, Corsica and the South of France starting from this summer. Based on the same platform as the Arcadia 100+, both exteriors and interiors of Arcadia 105 were developed in collaboration with Italian design studio Hot Lab. Sea Coral II comes as the second hull in the series, after the 2018 RJ.The 199-GT semi-planing superyacht has been constructed with a fibreglass hull onto a beam of 7.76 metres.The model is trademarked with glass walls between the aft-deck and main salon and openable floor-to-ceiling windows creating a fluid indoor-outdoor space.Thanks to the convertible 35-square-metre skylounge, a fully enclosed third deck can be protected against bad weather or open to enjoy the breeze and the scents of the sea.Accommodation on-board is provided for up to 10 guests within two doubles, two twins and one convertible cabin, along with the staff capacity for six. The yacht is equipped with games room, dining room and a private lounge.Toy storage of Sea Coral II comprises a Castoldi tender stored aft, two paddleboards, two Seabobs, a Kayak, wakeboard and water skis. Powered by two MAN V8 1200HP engines, the yacht cruises at 12-14 knots under reportedly low fuel consumption.As to other projects by the yard, with ten units now under construction, it has recently revealed the first Sherpa XL, that is approaching her completion.
May 23, 2019
The 54.3-metre Amels superyacht 4You, previously owned by co-founder of Russian real-estate development company PIK Group, Kirill Pisarev, has been sold with both the buyer and the seller represented by Edmiston.The second hull in Dutch shipyard Amels' successful Limited Editions 180 line, 4You was commissioned by her previous owner and launched in 2012. She has undergone several refit and maintenance works in 2016, 2017, with the latest one held in April 2019.The yacht features exterior design by UK-based Tim Heywood and interiors by Italian studio Laura Sessa. She is trademarked with a large sundeck and six staterooms for accommodation of up to 12 guests. Similarly to her sisterships Astra and Apollo, 4You features a timeless light grey hull and white superstructure.Propelled by MTU 12V 2000 M70 engines, 4You can reach a top speed of 15.5 knots and cruises at 13 knots. At the time of sale, 4You was asking €29,500,000.In 2016, the yacht’s previous owner Kirill Pisarev (net worth estimated at $6.1 billion, Forbes) won a law suit against Moran Yacht & Ship over a claim on commission over his previous yacht, also named 4You. The 47-metre 2009 Hessen could accommodate 10 guests in 5 cabins and was said to be too small for the owner’s family. Mr Pisarev therefore decided to sell the yacht and to commission a 55m yacht from Amels. Following the sale, Mr Pisarev ended up in court after the brokerage agency who managed and crewed the yacht, Moran Yacht and Ship, argued they were owed a £615,000 commission on the deal, 4% of the sale price. Their claim was dismissed by the High Court in 2014, and on February 11th 2016 Lord Justice Christopher Clarke dismissed the motion once again, reaffirming Mr Pisarev's victory in this legal dispute.
May 23, 2019