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. The billionaire's effect on politics has become the subject of many debates, yet his influence on yachting is often overlooked. Having owned one of the largest yachts of her time, Trump once commissioned the world's largest superyacht and also briefly owned a leading Dutch shipyard.
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.
Currently valued by Forbes at $3.1 billion, Trump serves as the United States' 45th president since January 20th 2017. Having sparked controversies throughout the world due to his polarising views on a number of domestic and foreign issues, he has recently led a series of reforms to have US conglomerates bring back a large portion of their cash back to the United States.
After getting a start at his father's real estate development company, Trump started his Manhattan real estate crusade, acquiring part of the Commodore Hotel in 1978. Following this, Trump embarked on building Trump Tower, which was completed in 1983. Five years later, Trump bought the Plaza Hotel for $407 million and invested $50 million into its refurbishment. At the same time, Trump started branching out of Manhattan, building in Palm Beach, Atlantic City and ventured int golf.
Trump's net worth is still predominantly tied to his New York-assets though, with $1,6 billion in real estate. The billionaire has another $500 million in real estate in another cities, in addition to $570 million worth of golf clubs and resorts according to Forbes. His branding business, which includes hotel management and product licensing is currently valued at $200 million. "Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game." Trump said in his book, The Art of the Deal.
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Sanlorenzo has introduced its largest crossover yacht to date, the 36.5-meter SX120, featuring the first marine implementation of Volvo Penta's IPS Professional Platform. The yacht will debut at the Cannes Yachting Festival from September 9-14, 2025.The SX120 represents a technical evolution in the Italian builder's crossover range, combining elements of flybridge and explorer yachts. Its key innovation is the IPS Professional propulsion system, utilizing four compact 1,000 HP engines in twin-pod configuration. This setup reduces engine room space by 30% compared to conventional systems while improving fuel efficiency through Volvo Penta's Eco Mode automation and Selective Catalytic Reduction emissions treatment.Designed by Zuccon International Project with interiors by Piero Lissoni, the 270 GT yacht features a 70 sqm transformable beach club with retractable swimming pool and opening side terraces. The four-deck layout includes: lower deck with four convertible guest cabins, crew quarters, and hammam, full-beam master suite with private bow patio, dining area for 14 located at the main deck, and 360-degree lounge convertible to media/play room at the upper deck. "The IPS Professional Platform allows unique design solutions for large yachts by reclaiming space typically dedicated to propulsion," said Sanlorenzo CEO Tommaso Vincenzi. The system enables a 15% reduction in fuel consumption at cruising speeds of 12 knots, with noise levels reduced by 7dB compared to traditional shaftline configurations.Construction utilizes advanced composites with carbon fiber reinforcement in high-load areas. The first hull features Lissoni's signature interior design with steel-clad central staircase, backlit master suite headboard, and ceramic marble-effect bathroom surfaces.Two additional SX120 units are currently in production, with delivery slots available from 2027. Pricing remains undisclosed, though industry analysts estimate base configuration costs exceeding €25 million. The model expands Sanlorenzo's SX line that began with the SX76 in 2017 and now represents 28% of the builder's order book.Volvo Penta Marine Sales VP Nicola Pomi noted: "The hydrodynamically optimized counter-rotating propellers reduce energy losses by 18% while improving low-speed maneuverability." The propulsion package includes integrated hybrid readiness for future battery retrofits.With 40% more exterior space than conventional motoryachts in its class, the SX120 offers 215 sqm of deck areas including a 45 sqm sun deck. Storage capacity accommodates a 5.5-meter tender and water toys in the garage.Sanlorenzo reports strong interest in the model from European and Asian markets, with the first unit destined for Mediterranean cruising. The builder currently has 17 yachts under construction across its SX, SP, and SD lines at its Ameglia and La Spezia facilities.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: Sanlorenzo
July 9, 2025
Silent Yachts has launched its new 24.38-meter SY80 solar-electric catamaran, scheduled for world premiere at the Cannes Yachting Festival (September 9-14, 2025). The first unit, a sold 2-Deck configuration, features four guest cabins including master and VIP suites.The SY80 offers three layout options (2-Deck, 3-Deck Open, 3-Deck Closed) with customizable deck arrangements. The inaugural model includes a 360-degree helm station, panoramic saloon, and storage for water toys in a concealed garage. Performance specifications include a 12-knot top speed, 7-8 knot cruising speed, and solar array capacity of 22.4 kWp with 522-696 kWh battery options.Two additional 3-Deck versions have been sold. No pricing was disclosed. The Italian-built catamaran expands Silent Yachts' solar-powered range, following previous models like the SY60.Silent-Yachts is producing the world’s first fully solar-sustainable oceangoing production catamaran yachts. They are powered exclusively by solar energy and capable of cruising up to 100 miles per day. In 2009, founders Heike and Michael Köhler, who have spent 6,000 days cruising more than 75,000 miles all around the world, launched the Solarwave 46, the first fully self-sufficient blue-water catamaran after years of testing solar-powered propulsion, and they have been building boats ever since. Credits: Silent-Yachts
July 9, 2025
Nominations are now open for the sixth edition of the Design Innovation Award, recognizing international excellence in marine design and innovation. The award ceremony will take place on September 19, 2025, at Palazzo Ducale during the 65th Genoa International Boat Show (September 18-23).Automotive designer Walter De Silva, recipient of the Compasso d'Oro and former head of Volkswagen Group Design, will chair the jury. "This award highlights how innovation and design quality merge with sustainability and beauty," De Silva commented.Organized by the Italian Marine Industry Association and the Genoa Boat Show, the competition has grown from 40 submissions in 2020 to over 90 entries in recent editions. The award evaluates projects based on technological advancement, sustainability, and design quality.All exhibitors at the 2025 Genoa Boat Show are eligible to participate. No submission deadline has been specified.Credits: Genoa Boat Show
July 9, 2025
Bilgin Yachts has revealed interior details of the 49.9-meter Camila, the second hull in its Bilgin 163 series, delivered in May 2024. The yacht was sold in 2023 to a U.S. client through FGI Yacht Group and Bilgin's commercial director Berkay Yılmaz.Unique Yacht Design developed the exterior, featuring extended deck spaces including a 21-meter sundeck and 12-meter bridge deck aft. Italian studio Hot Lab created the interior design, employing champagne, cream and pearl grey tones with wood, metal accents and Italian fabrics."The clean architectural volumes feature soft transitions between materials," said Hot Lab's Enrico Lumini. Notable elements include a full-height glass lobby partition, floating staircase, and sundeck skylight. The six-cabin layout includes a large beach club, with Bilgin claiming 20% more volume than comparable 48-meter yachts."Camila combines distinctive elegance with sportive exterior lines," said Yılmaz, noting the owner's active participation in the design process. No performance specifications or pricing details were disclosed. The first Bilgin 163 hull, Eternal Spark, was delivered in 2022.Bilgin Yachts is a boutique shipyard on the European side of Istanbul, building 50 to 120m luxury superyachts. It has been a family-run business for five generations since the early 1900s.Credits: Bilgin Yachts
July 7, 2025
VisionF Yachts has announced the near-completion of its new 14-meter Superfast 46 performance boat, capable of reaching 80 knots. The model will make its global debut at the Cannes Yachting Festival 2025 (September 9-14), with the first unit launching in coming weeks.The carbon fiber composite vessel features twin Mercury 450 HP Racing Sportmaster engines with Mercury's Active Trim system and Racing Revolution X propulsion. Its 3.7-meter beam and 0.47-meter draft combine with hydraulic steering and optional joystick controls for high-speed maneuverability.Technical specifications include 600-liter fuel capacity for approximately two hours of operation at maximum speed, Garmin 19" navigation displays, and a Fusion Apollo sound system. Safety systems comprise three bilge pumps and dual fire extinguishers.The Superfast 46 represents a new direction for VisionF, known primarily for luxury catamarans like its electric E-Cat series and aluminum models up to 47 meters. No pricing or delivery timelines beyond the Cannes presentation were disclosed. VisionF Yachts in Turkey was set up by Coşkun Bayraktar in Istanbul in 2019, but despite the shipyard’s relative youth it is a brand that is going places in the power catamaran world. In November 2020, VisionF Yachts debuted its first vessel, the VisionF 80. Credits: VisionF Yachts
July 7, 2025