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.
Forte Yachts is in the final stages of construction for its first model, the Forte 47. The 14-meter yacht, which debuted at the 2025 Cannes Yachting Festival, is scheduled for launch in November 2025. The vessel is being built at the company's shipyard in Ameglia, Italy.The aluminum-built yacht features a vertical bow and a hardtop that spans over half its length. Its most distinctive feature consists of two fold-out terraces positioned amidships, which open outward to create sea-level lounge areas. The deck design incorporates a walkway only on the port side to maximize interior volume.The yacht is available in two configurations. The Gran Turismo version uses triple Mercury V12 600hp outboard engines with an estimated top speed of 45 knots. The Lounge Deck version features twin Volvo Penta IPS D8-800 inboard engines and an enclosed saloon with full-height glazing.The interior includes two cabins and two bathrooms with separate showers, with headroom exceeding two meters throughout. The hull design by Umberto Tagliavini of Marine Design emphasizes stability and efficient planing.Technical Manager Livio Franchini stated: "Opening the terraces transforms the yacht entirely. It creates a seamless connection with the sea that feels unprecedented in a 14-meter vessel."Brand co-founder Fernando Moricca stated: "Our clients are not just buying a boat; they are creating a tailored experience. The aluminium build allows us to adapt every element to individual tastes and requirements."Paolo Giordano, Head of Design, stated: "We wanted to ensure that the yacht feels like a true home on the water and challenge what owners expect in this size range. Every detail, from bathroom height to kitchen layout, has been crafted with liveability in mind."Current construction status includes completed hull, superstructure, and deck awaiting pre-paint treatment. Engine installation and interior assembly are underway, with the engine room reported to be 80% complete.Credits: Forte Yachts
September 18, 2025
Royal Huisman has unveiled a 50-meter concept yacht named AERA. The design incorporates a wing sail system and fuel cell technology aimed at reducing emissions. The concept follows the shipyard's 2024 launch of Project Tidal Shift, an environmental initiative focused on ecological preservation.The yacht's wing sail, developed by Artemis Technologies and Rondal, measures 245 square meters and is capable of rotating 360 degrees. The unstayed wing sail system does not require traditional sails, sheets, blocks, or winches. Two electric motors inside the yacht rotate the mast, while hydraulic cylinders control adjustable flaps along its trailing edge.AERA is designed to operate under 500 gross tonnage. The concept results from a collaboration between Royal Huisman, Rondal, designer Cor D. Rover, and Artemis Technologies. The design allows the vessel to function under both sail and power.Royal Huisman previously delivered the world's first hybrid superyacht, Ethereal, in 2009. The shipyard states that AERA represents a continuation of its focus on integrating new technologies to address sustainability in yacht building.Royal Huisman is a Dutch shipyard established in 1884 in Ronduite, building and refitting custom luxury sailing and motor yachts at its shipyard in Vollenhove, the Netherlands.Credit: Royal Huisman
September 17, 2025
Tankoa Yachts has completed the acquisition of the business division of Otam. The transaction, finalized in agreement with both companies' founding families, includes the Otam brand and its historic shipyard in Genoa. The dockyard facilities in Santa Margherita Ligure remain under the current ownership.The acquired Genoa facility comprises approximately 4,800 square meters of covered areas, 3,300 square meters of open-air spaces, and a water basin of nearly 10,000 square meters. Tankoa Yachts plans to implement a restructuring program that will include extending concessions, reorganizing the areas, and constructing new production sheds.The operation includes the integration of Otam's workforce into Tankoa Yachts. All employees are being transferred to ensure job continuity and to add new skills and experience to the shipyard.The Otam brand, with its existing heritage and international reputation, becomes part of Tankoa's portfolio. Tankoa Yachts stated it will preserve the brand's legacy while defining a strategy aligned with its long-term vision.This acquisition represents a continuation of the expansion project Tankoa Yachts presented at the beginning of 2025 and strengthens the company's presence in the Genoa region.Credits: Tankoa Yacht
September 17, 2025
Sanlorenzo will present a fleet of eight yachts at the 65th Genoa International Boat Show, scheduled from September 18 to 23, 2025. The exhibition will be headlined by the Italian public debut of the new SL110A model.SL110AThe 33-meter SL110A represents the latest evolution of the shipyard's asymmetrical line. Its exterior design was developed by Zuccon International Project, with interior spaces curated by Piero Lissoni. The yacht achieves a top speed of 27 knots. Notable features include an owner's suite spanning the vessel's full beam with direct access to a forward pool area.SL86AThe display will include several other models from Sanlorenzo's product lines. The Smart Performance series will be represented by the SP92 sports yacht. The asymmetrical line will feature both the SL86A and SL90A models. The semi-displacement range will include the SD90 and SD96, designed for flexible interior layouts. The SX100 and SX88 crossovers, blending flybridge motor yacht features with explorer yacht characteristics, will complete the presentation.SD90This extensive showcase marks Sanlorenzo's participation in one of Italy's principal nautical events. The shipyard's presence at the Genoa show underscores its continued focus on the domestic market and its diversified product portfolio. Sanlorenzo was founded in 1958 in Viareggio by yacht builder Gionvanni Jannetti. In 2005, Massimo Perrotti became the majority shareholder in the shipyard. Sanlorenzo builds yachts ranging from 28.60 to 73 meters in length. Credits: Guillaume Plisson; all provided by Sanlorenzo
September 17, 2025
Zeelander Yachts will present its new flagship model, the 24-meter Zeelander 8, for the first time at the Monaco Yacht Show 2025. The yacht will be located at berth C27 Quai Chicane during the event, which takes place from September 24 to 27.The yacht features a layout with social areas on the main deck, including lounging and dining spaces, along with a galley. The lower deck contains three guest cabins. The master stateroom is positioned amidships and includes windows and a headroom exceeding 2.1 meters. The first hull includes customized modifications, such as relocating the galley to the starboard side of the salon and integrating the bar area with the cockpit.The yacht is equipped with a large targa sunroof and retractable aft doors. Sound levels are reported to measure below 65 dBA at its full speed of 32 knots. The yacht can reach speeds of up to 40 knots with optional larger engines.Each hull is built to owner specifications, with customization handled by the shipyard's engineering team. The exterior design maintains the stylistic features consistent with other yachts in the Zeelander range.Zeelander Yachts was founded in 2002 in the Netherlands by Sietse Koopmans. The first model was unveiled to the public in 2008. The launch model Z44 received positive reviews at the Monaco Yacht Show and drew enormous crowds, despite being at an event dominated by much larger yachts. Within three years, the Z44 had been successfully introduced to the US as well as Europe, and it was an obvious direction to add a larger model to the fleet. The first Z55 was delivered in November 2015, and the flagship Z72 was launched in March 2019.Credit: Tom van Oossanen/Zeelander Yachts
September 16, 2025