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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Prestige Yachts has revealed its new M7 catamaran, a 17.7-meter model offering interior space comparable to larger 21-meter yachts. The French-Italian builder has already sold two units ahead of the model's official debut at September's Cannes Yachting Festival.The M7 fills a gap between Prestige's existing M8 and M48 catamarans, featuring a more manageable 7.5-meter beam compared to the M8's 9.1-meter width. Naval architect Marc Lombard designed the hull, while Garroni Design handled the exterior styling to maintain consistency with Prestige's M-series.The catamaran's layout includes four guest cabins with a forward primary suite featuring residential-style elements like translucent wardrobes and designer lighting. The main salon offers panoramic views through full-height windows, with a secondary helm station discreetly positioned for all-weather navigation. Outdoor spaces focus on the beach club with its transformer swim platform and an expansive flybridge with multiple seating areas.Twin Volvo Penta D8-550 engines power the M7, with various horsepower options available. The design prioritizes comfortable cruising over high-speed performance. Crew accommodations for three staff members allow for reduced operational requirements compared to larger vessels.Jean-François Lair, Groupe Beneteau's Chief Sales Officer, commented: "The M7 is much more human-sized. You feel like you can handle it on your own." The company expects the model to attract both experienced owners downsizing from larger yachts and first-time buyers seeking manageable dimensions.Prestige continues production at its French facilities, maintaining its hybrid French-Italian design and construction approach. The M7 joins the successful M48, which has sold 70 units since its 2022 launch, in Prestige's expanding multihull range.Credits: Prestige Yachts
August 5, 2025
Turkish yacht builder VisionF Yachts has launched the second hull of its 23.97-meter E-Cat 80 solar-electric catamaran series from its Tuzla shipyard. The carbon fiber vessel features design updates including an expanded solar array now producing 24.8 kW per hour through 62 panels, increased from the original configuration.The latest model incorporates several owner-requested modifications, adding a Jacuzzi on the flybridge and converting one of five guest cabins into dedicated children's quarters. The catamaran's 10.92-meter beam provides substantial interior volume, accommodating 12 guests and 4 crew members.Power comes from twin 180 kW Danfoss electric motors with bow and stern thrusters, enabling 6-8 knot cruising speeds under electric propulsion. The hybrid system combines solar charging with backup generators, offering over 1,000 nautical miles of extended range when required.Entertainment areas include multiple flybridge seating zones with cinema capabilities and massage chairs. The 15 square-meter tender garage features hydraulic launch systems for watercraft storage. Owners can select between open or enclosed flybridge configurations during the build process.VisionF's current production lineup includes seven catamaran models ranging from 14 to 36.5 meters, with the E-Cat series representing their fully electric offerings. The shipyard continues construction on additional units at its Istanbul facility, maintaining focus on sustainable marine technologies.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
August 5, 2025
Nautor Swan has announced the ClubSwan 28 American Series, a new one-design racing circuit developed in partnership with American Magic. The eight-event schedule will commence in Pensacola, Florida in February 2026, concluding with a World Championship event.The 8.5-meter ClubSwan 28, designed with Juan Yacht Design, will serve as the series' platform boat. Terry Hutchinson of American Magic noted: "Nautor Swan has such a history of being a great boatbuilder. But with the new ClubSwan 28, they've evolved their timeless design into something that speaks directly to today's high-performance sailors."The racing calendar includes three winter events in Pensacola, followed by summer competitions in Newport, Rhode Island, and fall races returning to Florida. Federico Michetti, Nautor Swan's Head of Sport Activities, stated: "Our goal was to create a fun, fast, and safe entry point for sportsboat enthusiasts."Production of the ClubSwan 28 will occur in Pensacola through a collaboration between Nautor Swan and American Magic. Giovanni Pomati, Nautor Swan CEO, confirmed: "We'll base the fleet there, build boats there, and drive technical innovation."The initiative aims to combine professional racing with amateur participation while establishing Pensacola as a sailing development hub. Hutchinson added: "It's a platform for performance, growth, and a new chapter in U.S. sailing."The series represents Nautor Swan's continued expansion into competitive sailing markets, following the success of its larger ClubSwan racing yachts.Nautor Swan was founded in 1966 in Pietarsaari, Finland. The builder entered the superyacht market in 1999. Since then, the yard has continued building high-performance sailing yachts in three different lines; ClubSwan, Swan Yachts and Maxi Swan Yachts. Credits: Nautor Swan
August 5, 2025
Ferretti Group has launched the first Itama 54 unit from its new Marina di Ravenna production facility on July 11, 2025. The 16.44-meter open cruiser marks Itama's return to the 50-59 foot segment, featuring redesigned living spaces and improved onboard accessibility.Developed by the Ferretti Group Product Strategy Committee and Engineering Department, with design by Tommaso De Luca, the model introduces several functional innovations while maintaining Itama's signature styling. Key exterior features include a flush foredeck sunpad, extended side windows, and a starboard-side bow access point - a departure from previous models that improves circulation.The deck layout presents a dual-cockpit configuration: a main aft seating area with height-adjustable table and a forward wind-protected lounge. Both areas connect to a portside bar unit. The helm station incorporates a floating dashboard design. Below deck, accommodations include a forward master cabin, midship guest cabin, two bathrooms, galley and dinette.Power options include twin MAN i6-730 engines (730 HP) as standard, delivering 33-knot top speed, or optional MAN i6-850 engines (850 HP) for 37-knot maximum speed. The raked transom and revised hull lines contribute to the model's performance characteristics.The Ravenna-built Itama 54 represents the brand's contemporary interpretation of Mediterranean open cruiser concepts, emphasizing outdoor living and simplified deck circulation. Production continues at Ferretti Group's specialized facility for the Itama range.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
August 4, 2025
ISA Yachts has moved its new 37.7-meter Viper 130 into the outfitting phase at its Ancona shipyard. The planing yacht, designed to deliver high performance and spacious accommodations, is scheduled for delivery in 2026 to an American client introduced by Zarpo Yachts.The Viper 130 features exterior and interior design by Fulvio De Simoni, with naval engineering developed in-house by ISA Yachts. Powered by three 2,200 hp MAN engines, the yacht will achieve a top speed of 33 knots.The aft cockpit is divided into three distinct areas: a beach club at sea level with a transformer platform, a sunbathing and lounge area, and an outdoor dining space seating eight. Side balconies can be opened to expand the living area. The aft galley includes a retractable privacy glass and connects to a bar, serving both as a functional kitchen and an entertainment space.The main deck features a portside walkway leading to the salon, which includes floor-to-ceiling windows and a second bar. A circular pool with sunbeds and seating dominates the bow area. The helm station is positioned forward, with access to the lower deck housing four guest cabins and an owner’s suite with dual bathrooms.The sun deck, with a carbon fiber hardtop, includes a secondary helm station, sunbeds, an L-shaped bar, and a dining table for 12. Crew quarters for five are discreetly accessed via the galley. A 5-meter tender is stored in the starboard garage.The Viper 130’s design emphasizes open living spaces, with multiple indoor-outdoor connections and functional layouts tailored for both entertainment and privacy. The yacht is currently in the final stages of construction ahead of its 2026 delivery.Palumbo Superyachts took root in 2008, when the Columbus Yachts brand was established, and in 2011 it launched its first 54m superyacht, emblematically christened Prima (the First). Currently, Palumbo Superyachts comprises a representative office in Monaco and a logistics network of five shipyards in the Mediterranean (Ancona, Malta, Marseille, Naples, and Savona); it also operates the following brands: ISA Yachts, Columbus Yachts, Mondomarine and Palumbo SY Refit.Credits: ISA Yachts
August 4, 2025