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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Damen Yachting has announced the grand reveal of the Amels 6007, the seventh yacht in the Amels 60 series. The unveiling took place at their shipyard in Vlissingen, The Netherlands, marking a significant milestone in the build process. The Amels 60 Limited Editions design is developed by Espen Øino International.Chris Callahan from Moran Yacht & Ship, representing the owner, expressed excitement about reaching this stage and praised the incorporation of personal touches into the yacht. He noted that many customizations and improvements implemented in previous builds, such as ENTOURAGE (Hull 6002), have been carried over to the Amels 6007.The interior of the Amels 6007 has been designed by Harrison Eidsgaard, marking the studio's first collaboration with Amels. The design reflects a contemporary and welcoming style, inspired by beach house luxury, with natural materials and detailed finishes creating a warm and tactile environment.Joppe Osté, Damen Yachting Project Manager for the Amels 60, emphasized the team's pride in achieving this milestone and their focus on completing the final build phase to ensure the yacht is ready for its intended lifetime at sea. Following the launch, the Amels 6007 will undergo final outfitting before delivery to its owner in early summer 2025.A guest capacity of Amels 6007 is 12 people, a crew capacity of 12 members plus the Captain, a gross tonnage is 853 GT.Damen Yachting, a division within the Damen Shipyards Group, was created in 2019. The division combines the pedigree and heritage of Amels yachts with a growing portfolio of SeaXplorer yachts and Yacht Support vessels.Credits: Damen Yachting
February 21, 2025
Turquoise Yachts has partnered with the renowned British design studio Bannenberg & Rowell to introduce a duo of superyacht concepts, measuring 65 and 80 meters, named Above and Beyond, respectively. The 65-meter Above is the first of the two concepts to hit the market, while the upcoming 80-meter Beyond is set to begin construction on speculation later this year. One standout feature of the designs is the crow's nest, creatively envisioned as a custom platform-elevator that ascends the mast’s height.Central to the design ethos is the efficient layout of the main deck, which seamlessly connects six guest cabins to the main saloon and dining areas. The spacious salon flows into the aft main deck, which features a large lounge alongside a stunning glass-bottom pool that allows sunlight to permeate the beach club below.The beach club offers extensive wellness amenities, including a sauna, steam shower, massage room, and a fully equipped gym with a balcony. Additionally, a lounge area with a bar, seating, and dual balconies enhances the onboard leisure experience.Crew efficiency was a key factor in the design of Above, featuring well-thought-out configurations across decks, including generous pantries and a commercial-grade galley equipped with a walk-in freezer. Crew amenities also encompass dedicated laundry facilities, a gym, and a spacious mess area.The 65-meter and 80-meter projects will be available as new construction opportunities exclusively with Denison Yachting.Turquoise was established in 1997 by two leaders of the Turkish boat building industry: Proteksan Yachts Inc. and Turquoise Yacht Construction. After launching the 50m M/Y Turquoise (now called Double Trouble), 20 other megayachts ranging from 40m to 77m in length have since been delivered to an international roster of clients from the United States, United Kingdom, Europe and Russia. Credits: Denison Yachting
February 21, 2025
Riva Classiche will make a striking appearance at The I.C.E. St. Moritz 2025, a prestigious event dedicated to classic and vintage automobiles, held on February 21 and 22 against the stunning backdrop of the frozen lake in the Engadin valley. Known for its mission to restore and preserve vintage powerboats, Riva Classiche will showcase a beautifully restored Riva Olympic boat, elegantly displayed on the ice.The I.C.E. St. Moritz International Concours of Elegance is a celebrated gathering for collectors and aficionados of classic cars, blending art, style, and heritage in a unique winter setting. Each year, the event draws participants from around the globe, and this edition promises to be no exception, emphasizing the intersection of culture and classic automotive excellence.Riva Classiche will not only present its iconic boat but will also create a luxurious Riva Lounge at the Grace La Margna Hotel St. Moritz. This exclusive space will encapsulate the essence of the Riva brand, featuring a selection of collectibles and accessories from Riva Boutique, all while immersing visitors in the brand’s timeless elegance.With its participation in The I.C.E. St. Moritz 2025, Riva Classiche reaffirms its commitment to celebrating the rich heritage of classic craftsmanship, making this event a must-visit for those who appreciate the beauty of vintage powerboats and the art of fine living in the Swiss Alps.The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.Credits: Ferretti Group
February 21, 2025
Cantieri di Pisa recently unveiled the stunning interiors of the new Akhir 44 at the Dubai International Boat Show, a key event in the Middle Eastern maritime calendar. Collaborating with Pulina Exclusive Interiors, the design showcases a striking contrast between warm materials, such as bleached oak, and sleek metal finishes, providing the yacht with a sporty yet technological aesthetic.Marco Massabò, CEO of Cantieri di Pisa, emphasized the innovative approach behind this model: “The Akhir 44 is the first in a new series crafted from carbon and glass composite, reaching a remarkable top speed of 35 knots. This yacht marries the iconic lines of our original range with current market needs.” He noted that the interiors are designed for exceptional livability, catering to cosmopolitan owners who appreciate both luxury and functionality.Pulina Exclusive Interiors, founded by Alessandro Pulina, is renowned for its high-end designs across multiple sectors, including yachts, private residences, and hotels. “Our design blends energy in motion with spatial harmony,” Pulina explained. “The contrast of warm and cool materials, paired with a fresh neutral color palette, enhances the interiors’ livability while promoting a sense of openness.”Measuring 44 meters in length with a beam of 8.6 meters, Akhir 44 features an innovative layout emphasizing symmetry and fluidity. The main deck prioritizes guest comfort, with a spacious saloon and an adaptable dining area that can transform using sliding panels. An eye-catching floating staircase, crafted from metal and glass, serves as both a functional feature and an artistic centerpiece.Offering four guest cabins and an owner’s suite with extensive glazing, the yacht ensures maximum privacy while enhancing the connection to the surrounding water. With three powerful 2,600 HP MTU engines, the Akhir 44 promises an exhilarating experience at an average speed of 30 knots, making it a formidable presence on the water.Cantieri di Pisa shipyard was founded in 1945 on the river Arno, the Tuscan shipyard became famous for its planing motoryachts, such as the Akhir and Kitalpha series designed by Pierluigi Spadolini. Since 2021 Enrico Gennasio is the new owner of Cantieri di Pisa.Credits: Cantieri di Pisa
February 21, 2025
The stunning 52-meter Sanlorenzo motor yacht Seven Sins has officially been listed for sale by Virginia Di Antonio of Yachting Partners International (YPI). Currently listed at EUR28,000,000, Seven Sins is situated in the Caribbean. As the inaugural vessel in the esteemed 52 Steel series from Italian shipyard Sanlorenzo, this yacht was delivered in 2017 and has captured attention for its exceptional design by Officina Italiana Design. Seven Sins was honored with a prestigious Neptune award at the 2018 World Superyacht Awards.This listing marks the yacht's second appearance on the market since its initial launch, previously sold as part of a co-ownership arrangement via SeaNet Europe, making her one of the largest superyachts to have two owners.One of the standout features of Seven Sins is its expansive beach club area, complete with a striking glass-bottom swimming pool. This versatile space also includes fold-out balconies, a well-equipped gym, and a sauna. When not in use, the beach club can easily transform into a floodable drive-in tender garage, offering both convenience and functionality.Seven Sins accommodates up to 11 guests across five cabins, which include a master suite, two doubles, and two twin rooms. The sundeck is another highlight and is likely to become the preferred outdoor gathering spot for guests. Equipped with stylish furniture from Paola Lenti, it features an array of sun loungers at the aft, comfortable seating arrangements around coffee tables, a dining table that accommodates 12, and an impressive bar dressed in silver-flecked granite that sparkles in the sunlight. It’s no wonder that Seven Sins enjoys popularity as a charter yacht and is also available for charter through YPI.The yacht is powered by two 2000hp Caterpillar 3512-C diesel engines, enabling a top speed of 17 knots and an impressive cruising range of 4,400 nautical miles at a speed of 11 knots.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: YPI
February 20, 2025