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☆ The largest yachts owned by tech billionaires, from Mark Zuckerberg to Jeff Bezos
▼ + stars: | 2024-05-05 | by ( Madeline Berg | Grace Kay | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A few years after he and his wife divorced, Jeff Bezos shelled out on a megayacht. Earlier this year, just before his 40th birthday, Mark Zuckerberg became the rumored owner of a yacht originally built for a Russian oligarch. While many tech billionaires have bought yachts, the richest of the rich, like Bezos, Zuckerberg, and Oracle cofounder Larry Ellison, have gone bigger. AdvertisementHere are the largest yachts owned by tech billionaires, listed in order of length.

Persons: —, Joe, Jeff Bezos, Bezos, Lauren Sanchez, Mark Zuckerberg, Superyachts, Giovanna Vitelli, superyachts, Zuckerberg, Larry Ellison, Evan Spiegel Organizations: Service, Business, Oracle Locations: Russian

☆ Jeff Bezos snaps up a 3rd Miami-area mansion for $90 million
▼ + stars: | 2024-04-02 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

Jeff Bezos just bought a third mansion on the Miami-area island known as "Billionaire Bunker." Bezos paid $90 million for the home, which last sold for $2.5 million in 1998, Bloomberg reports. Bezos previously purchased multiple neighboring Seattle-area homes for his security and staff. The billionaire Amazon founder purchased a third home on Indian Creek island for $90 million in an off-market transaction, Bloomberg reported. Bezos first bought a $68 million waterfront mansion on Indian Creek in August.

Persons: Jeff Bezos, Bezos, —, Ivanka Trump, Tom Brady, snagged, Blue, Madeline Berg, Katherine Long Organizations: Bloomberg, Service, Amazon, Seattle Locations: Miami, Seattle, Biscayne Bay, Canaveral, Beverly, Texas, Hunts

☆ The unwritten rules of superyachting
▼ + stars: | 2024-04-02 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That means that, aside from basic safety guidelines, most of the rules of superyachting are unwritten. Superyachts are expensive to build and expensive to maintain. For a $100 million yacht, that's at least $10 million yearly going to crew, regular maintenance, insurance, fuel, and dockage. So, the most important unspoken rule of superyachting is actually that the only thing better than owning a superyacht is knowing someone else who does.

Persons: —, centimillionaires, they're, Rich, Fraser, he's, Jeff Bezos Organizations: Service, Business, SuperYacht, Palm, Breed Media, Fraser Yachts Locations: superyachts, Aiden

☆ Billionaires' superyachts are bigger, better, and have more on board than ever
▼ + stars: | 2024-03-29 | by ( Madeline Berg | ) www.businessinsider.com time to read: +9 min

And if you don't have someone on board who can whip up a Michelin-star-worthy meal, you might as well stay on land. AdvertisementThe massage room aboard the Talisman C, a $60 million superyacht for sale at the Palm Beach show. The total value of the 203 superyachts over 30 meters delivered last year was $6.4 billion, according to data from SuperYacht Times. Pampering options, be it a massage room, manicure station, or a professional-grade facial machine, are a dime a dozen. Courtesy of Breed MediaAnd what good is a massage room if no one on board can give one?

Persons: —, Ralph Dazert, Burgess, Anders Kurtén, Kurtén, Nero superyacht, Giovanna Vitelli, Champagne, Benetti's, Donald Trump, Trump, Vitelli, they're, It's, Jeff Bezos, Dazert, everything's, Nero, Jeffrey Beneville, Lana, Bill Gates Organizations: Service, Michelin, SuperYacht Times, Palm, Yachts, —, Monaco Yacht Locations: Russian, superyachting

☆ What yachting industry insiders have to say about Jeff Bezos' superyacht
▼ + stars: | 2024-03-27 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Read previewIt's been just about a year since Koru, Jeff Bezos' $500 million megayacht, set sail from the Oceanco shipyard in the Netherlands, capturing the attention of yachting insiders and land dwellers alike. Unlike many other megayachts, Koru, which media billionaire Barry Diller's Eos inspired, is designed as a sailing yacht. AdvertisementLike most other megayachts, Koru is powered by her engines, which are reportedly innovative in their use of a kinetic energy recovery system. AdvertisementTeak or not, the yachting industry isn't generally known for being all that environmentally friendly — or indeed lowkey, so many who BI talked to didn't buy into the idea that Koru is "too much." It's the latest superyacht to capture the yachting world's attention.

Persons: —, Jeff Bezos, Koru, they'd, Federico Rossi, Barry Diller's Eos, he'd, Bezos, Lauren Sanchez, Origin's, Shephard, That's, Anders Kurtén, I'm, Jerry Jones, Bernard Arnault, Mark Zuckerberg Organizations: Service, Palm, Business, Industry, Yachts Locations: Netherlands, St, Myanmar

☆ The superyacht world is speculating that Mark Zuckerberg just bought this 118-meter boat
▼ + stars: | 2024-03-19 | by ( Madeline Berg | ) www.businessinsider.com time to read: +1 min

The 118-meter superyacht Launchpad made her maiden voyage last week. The yacht world is speculating that her owner is Meta CEO Mark Zuckerberg. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Yet some in the boat blogging world are speculating that Meta CEO Mark Zuckerberg is the new owner of Launchpad, a megayacht currently moored in Fort Lauderdale, Florida after she made her maiden voyage from Gibraltar to St Maarten last week. Launchpad clocks in at 118 meters long, about nine meters shorter than Jeff Bezos' superyacht Koru.

Persons: Mark Zuckerberg, —, St Maarten, Jeff Bezos Organizations: Service, Business Locations: Fort Lauderdale , Florida, Gibraltar, St

☆ Jeff Bezos will save over $600 million in taxes by moving to Miami
▼ + stars: | 2024-02-12 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida. Jeff Bezos' $2 billion stock sale last week came with an added perk: no state taxes. After his move to Miami, Bezos made up for lost time. So on the $2 billion sale last week, he saved $140 million that he would have paid to Washington state. On the entire sale of 50 million shares over the next year, he will save at least $610 million.

Persons: Jeff Bezos, Lauren Sanchez, Bezos, Tom Brady, Carl Icahn Organizations: of Miami, Miami, Autodrome, Seattle, Origin, SEC, Jan, Amazon, CNBC PRO Locations: Miami , Florida, Miami, Washington, Florida

☆ Please don't bother Jeff Bezos on vacation
▼ + stars: | 2023-12-31 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJeff Bezos' yacht is such a spectacle to behold that local authorities have had to ask the public to give the billionaire some privacy while he's on vacation. Before that, Bezos broke a California record by purchasing a $165-million estate built by Warner Bros. cofounder Jack Warner in 1937. The Beverly Hills estate provides privacy with tall hedges that hide the home from the street. Even in the way he conducts his businesses, from Amazon to Blue Origin, Bezos has cherished privacy, keeping some of the company projects secret for years, The Washington Post reported.

Persons: —, Jeff Bezos, Lauren Sanchez, Tourism Charles Fernandez, Fernandez, Jeff, Lauren love Maui, Bezos, Jack Warner Organizations: Service, Business, Barbuda's, Tourism, Antigua Observer, Pacific Business, Warner Bros, Washington Post Locations: Falmouth, Antigua, Barbuda, Koru, Maui's, California, Beverly, Amazon

☆ Jeff Bezos' fiancée Lauren Sanchez says she's 'flattered' — but the female figurehead sculpted on the front of his superyacht isn't her
▼ + stars: | 2023-11-14 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Lauren Sanchez told Vogue the figurehead on the yacht is actually of Norse goddess Freyja. AdvertisementIt turns out the female figurehead on Jeff Bezos' yacht isn't his fiancée, Lauren Sanchez. Jeff Bezos and Lauren Sanchez aboard his yacht, Koru. MEGA/GC Images"I'm very flattered, but it's not," she told Vogue. Sanchez also told Vogue about Bezos' proposal.

Persons: Jeff Bezos, Lauren Sanchez, Freyja, Sanchez, —, Bezos, it's, Sánchez, Robino Salvatore Organizations: Vogue, Service

☆ Jeff Bezos just added yet another property to his 'Billionaire Bunker' collection after snapping up a 7-bedroom mansion for $79 million: report
▼ + stars: | 2023-10-13 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Amazon founder Jeff Bezos just bought a $79 million mansion in Indian Creek, Florida, per Bloomberg. Indian Creek is a village on a small private island in Miami's Biscayne Bay known as "Billionaire Bunker." AdvertisementAdvertisementAmazon founder Jeff Bezos has added another lavish mansion to his property portfolio. The waterfront property was listed for $85 million in May and last sold for $28 million in 2014. Indian Creek, where Bezos' new property purchase is located, is a village on a small private island in Miami's Biscayne Bay.

Persons: Jeff Bezos, —, Dina Goldentayer, Danilo Tavares, Douglas Elliman, Tavares, Bezos, Insider's Sarah Jackson, Jordan Hart, Insider's Hannah Towey, Carl Icahn, Jared Kushner, Ivanka Trump Organizations: Bloomberg, Service, Bezos, Zillow Locations: Indian Creek , Florida, Biscayne, Goldentayer, Beverly, Texas, Medina , Washington

☆ Move over jet skis: The new onboard gadget the ultra-rich seek for their superyachts are submersibles.
▼ + stars: | 2023-10-01 | by ( Lloyd Lee | Hannah Getahun | ) www.businessinsider.com time to read: +4 min

Now, the world's .01% are seeking submersible vessels to accessorize their latest superyacht purchase, The Washington Post reports. "Yacht owners are, by and large, people who have an interest in the ocean," Patrick Lahey, founder of Triton Submersibles, previously told Insider. The disaster may have sparked more interest in extreme adventures from the wealthy, Phillippe Brown, founder of Brown and Hudson travel company, previously told Insider. Valery Hache/AFP via Getty ImagesAt Triton Submersibles, a vessel can cost between $2.5 million and $7 million, Insider reported. AdvertisementAdvertisement"Even after a thousand dives, it never stops being exciting," Charles Kohnen, co-founder of SEAmagine, told the Times.

Persons: —, Ofer Ketter, Jeff Bezos, Patrick Lahey, Triton Submersibles, Phillippe Brown, Brown, Valery Hache, Ian Sheard, Charles Kohnen, SEAmagine Organizations: Service, Washington Post, New York Times, Amazon, International Monaco, Getty, Times Locations: Hudson, AFP, Aurora

☆ The 2023 superyacht summer recap: Jeff Bezos is now king of the high seas
▼ + stars: | 2023-09-14 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

For billionaires and their celebrity friends, warm weather means it's yacht season. Four years later, Bezos is no longer Amazon's CEO, and he's spent the last few months earning a new title: king of the high seas. As 2023's yacht season comes to a close, it's clear that Bezos' brand new $500 million superyacht won the summer. AdvertisementAdvertisementYacht season's runner-up: billionaire Barry Diller's EosThe Eos, owned by Barry Diller and Diane von Furstenberg, is a yacht-season staple. The Eos docked in Venice to end its summer season, where von Furstenberg hosted the annual DVF Awards — and began furnishing one of her dry-land residences.

Persons: Jeff Bezos, David Geffen's, Goldman Sachs, Lloyd Blankfein, he's, superyacht, David Zaslav, Bezos, Koru, Lauren Sanchez —, —, that's, Sanchez, Bill Gates, Whitney Wolfe Herd, Ari Emanuel, Leonardo DiCaprio, Orlando Bloom, Katy Perry, Usher, Barry Diller's Eos, Barry Diller, Diane von Furstenberg, Horacio Villalobos, Eos, Diller, von Furstenberg, Oprah Winfrey, Gayle King, Edward Enninful, Valentino, Valentino Giancarlo Giammetti, Kris Jenner, Candice Bergen, Emma Thompson, Jason Blum, Diane Sawyer, Bryan Lourd, Giorgio Armani's, Sydney Sweeney, Kerry Washington, Geffen, it's Organizations: Service, Warner Bros, Discovery, Hollywood, Bezos, British Vogue, Creative Artists Agency, Geffen Locations: Wall, Silicon, Gibraltar, Spain, Cannes, Positano, Dubrovnik, Croatia, Mallorca, Greece, Amalfi, Venice, Venice's, Capri, Portland , Maine

☆ Jeff Bezos has added a $68 million waterfront mansion on Florida's 'billionaire bunker' to his real-estate collection: report
▼ + stars: | 2023-08-11 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Jeff Bezos is now the owner of a $68 million mansion in Miami's Indian Creek Village, per Bloomberg. Celebrities like Ivanka Trump and Tom Brady have also bought property on the "billionaire bunker" island. Miami's Indian Creek Village is a separate municipality that has its own mayor and police force. An aerial view of Indian Creek Island. Representatives for Bezos, Indian Creek Village, and Indian Creek Property Owners Association did not immediately respond to a request for comment from Insider sent outside regular business hours.

Persons: Jeff Bezos, Ivanka Trump, Tom Brady, Bezos, Zillow, Insider's Hannah Towey, Chandan Khanna, Carl Icahn, Gisele Bündchen, Jared Kushner, He's Organizations: Bloomberg, Service, Privacy, Getty, Bezos, Property, Association Locations: Wall, Silicon, Indian, Miami, Washington, New York City

☆ Bezos is back at it with another hot yacht summer
▼ + stars: | 2023-06-14 | by ( Lina Batarags | ) www.businessinsider.com time to read: +2 min

Recent photos show Jeff Bezos hanging out with his fiancée, Lauren Sanchez, on a yacht in Portofino. Per reports, the ship in question is Bezos' $500 million yacht, Koru, which set sail in February. Jeff Bezos and Lauren Sanchez hanging out in Portofino, Italy. Bezos and Sanchez were also photographed on the yacht off the coast of Spain in May, shortly after they hit up Coachella. And you can't see it in this recent series of photos, but Bezos' yacht is adorned with a female bust, which people have been speculating is modeled off of Sanchez.

Persons: Jeff Bezos, Lauren Sanchez, She's, You'd, it's, didn't, Bezos, Sanchez, Lloyd Blankfein, Kloss, David Geffen's, Bezos didn't Organizations: Morning Locations: Portofino, Italian, Rotterdam, Italy, Spain

☆ Jeff Bezos’ New Yacht Is Finally Ready to Set Sail
▼ + stars: | 2023-05-19 | by ( Kevin Koenig | ) www.nytimes.com time to read: +2 min

Mr. Bezos has been a guest on similar boats, according to Bloomberg: In 2019, he was spotted on Eos, a 305-foot sailing yacht owned by Barry Diller and Diane von Furstenberg. (Ms. Sanchez flies helicopters, and the couple was recently photographed taking a helicopter to board Abeona and then Koru.) The KerfuffleKoru set off a controversy last year — before it was even completed — in a face-off with the Dutch city of Rotterdam. They planned a protest to throw eggs at the yacht as it cruised by. In the end, the bridge was not taken apart, and the yacht was towed to a different location to have its masts attached.

☆ Did Jeff Bezos put a sculpture of his girlfriend on the bow of his new $500 million megayacht? You be the judge.
▼ + stars: | 2023-05-19 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

A sculpture on Jeff Bezos' new $500 million megayacht has tongues wagging: Is it his girlfriend? Bezos and his girlfriend, Lauren Sanchez, were recently spotted on the yacht for the first time. A sculpture on Jeff Bezos' new megayacht has people wondering whether it's his girlfriend, Lauren Sanchez. Bezos and Sanchez, who went public with their relationship in 2019, were first spotted on the new $500 million superyacht earlier this week off the coast of Spain. The yacht made its maiden voyage in April when it left Oceanco's facilities to travel to Gibraltar on the way to Bezos.

☆ Go check out the first photos of a shirtless Jeff Bezos enjoying his new $500 million megayacht with girlfriend Lauren Sanchez
▼ + stars: | 2023-05-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

A shirtless Jeff Bezos and his girlfriend, Lauren Sanchez, have been spotted on his new $500 million yacht. The 417-foot vessel had stirred controversy when it nearly required a historic bridge be dismantled for it to pass. Residents threatened to egg the yacht; the vessel was then quietly towed to another shipyard to avoid a scene. The billionaire Amazon founder was seen shirtless as he sunbathed on the $500 million yacht with his girlfriend, Lauren Sanchez, along the coast of Spain on Monday, according to Page Six. Check out the photos of Bezos and Sanchez on the yacht on Page Six.

☆ UK parliament's standards watchdog expands PM Sunak investigation
▼ + stars: | 2023-04-24 | by ( ) www.reuters.com time to read: +1 min

LONDON, April 24 (Reuters) - The British parliament's standards commissioner has expanded his investigation into Prime Minister Rishi Sunak, according to the latest list of open inquiries published on the parliament website on Monday. The investigation, over whether Sunak properly declared his wife's shareholding in a childcare company which stands to benefit from new government policy, was first opened on April 13. The commissioner is responsible for the House of Commons code of conduct and investigates any alleged breaches. At the time the investigation was made public, the prime minister's spokesperson confirmed it was linked to the childcare firm and said Sunak's wife's shareholding in Koru Kids had been transparently declared. "I am not going to speculate on what the commissioner is or isn't looking into," Sunak's spokesman said on Monday when asked about the extension to the investigation.

☆ British government publishes PM Sunak and other ministers' interests
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 19 (Reuters) - Britain's government on Wednesday published an updated list of ministers' interests, including an outline of the affairs of Prime Minister Rishi Sunak, who is under investigation over whether he properly declared his wife's shareholdings. The prime minister's spokesperson said on Monday that Sunak's wife's shareholding in Koru Kids had been transparently declared, and opposition parties called for Sunak to publish an updated list of ministerial interests to improve transparency. The list of ministerial interests said that Sunak's own financial interests were handled through a "blind trust/blind management arrangement." Sunak and Murthy are the richest ever occupants of 10 Downing Street. She subsequently gave up the status and said she would pay British tax on her global income.

☆ Jeff Bezos' rumored $500 million yacht has finally made its maiden voyage
▼ + stars: | 2023-04-07 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

A $500 million yacht believed to belong to Jeff Bezos has been delivered to the Amazon founder. The 417-foot vessel, the largest sailing yacht in the world, recently made its maiden voyage to Gibraltar, according to Boat International. At 417 feet long, the boat is believed to be the largest sailing yacht in the world. The request sparked public outcry, prompting more than 1,000 residents to threaten to throw eggs at the yacht if the bridge ended up being dismantled. Oceanco later nixed its request, and the yacht was towed under cover of night to another shipyard, without its masts, which were installed later.

☆ Jeff Bezos' $500 million megayacht sets sail for its first sea trials — watch video of the 417-foot vessel hitting open water
▼ + stars: | 2023-02-15 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Jeff Bezos' new $500 million megayacht hit the open water this week to undergo tests. Sea trials are usually one of the last phases of construction, bringing the yacht one step closer to full sail. The yacht previously caused uproar for nearly requiring that a historic bridge be dismantled for it to pass. The boat's sea trials come after a turbulent year for the megayacht, which was built in the Netherlands. Watch the latest video of Bezos' yacht here:

☆ This startup helps gamers get better at sports games like F1 and FIFA. Check out the 13-slide pitch deck Titan Academy used to raise $1.8 million.
▼ + stars: | 2023-02-01 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

A startup that helps gamers become better at sports games like FIFA and F1 by analyzing their own player data just raised $1.8 million in seed funding. London-based Titan Academy was founded by Max Teichert, a racing instructor for Porsche who was also a Gran Turismo Academy finalist in 2014. "By taking players' game data and analyzing it in the cloud, we help them get better," Teichert told Insider. "Currently, we have a platform for racing games in the market and the first-ever FIFA analytics platform in development." With the fresh funds, the startup will further expand its racing games platform, and also launch the first-ever FIFA analytics platform.

☆ Nesta's VC arm just launched a $60 million fund to back social and climate impact startups. We got an exclusive look at the 13-slide pitch deck it used to sway its board.
▼ + stars: | 2022-11-30 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

The VC arm of the UK's social innovation agency Nesta just launched a £50 million ($60 million) fund. We got an exclusive look at the 13-slide pitch deck used to convince Nesta's board to launch the fund. While UK-focused, Nesta Impact Investments can invest in any geography as long as the company could have a positive impact on the UK market. In this portfolio, Nesta Impact Investments is running at 71% from minoritized or disadvantaged groups, according to Barclay. We got an exclusive look at the 13-slide pitch deck Nesta Impact Investments used to sell Nesta's board on the new fund.

☆ The luxury boats owned by some of the wealthiest people in tech, from a yacht so big it has its own support boat to superyachts with swimming pools and basketball courts
▼ + stars: | 2021-08-10 | by ( Grace Kay | Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

Many billionaires like Jeff Bezos and Richard Branson enjoy spending their time on luxurious yachts. Here are some of the billionaires in tech who own private yachts. Beyond the private planes occupying the hangars of billionaires, yachts have come to symbolize the highly private sites of leisure and networking reserved for the ultra-wealthy. Chartering yachts owned by billionaires like Alphabet cofounder Sergey Brin has previously cost customers anywhere from $773,000 a week to $1.2 million. Take a look at some of the yachts that have been owned by tech billionaires.

Persons: Jeff Bezos, Richard Branson, Jane, fiancée Lauren Sanchez, Bezos, MacKenzie Scott, Larry Ellison, Sergey Brin, Larry Page, Paul Organizations: Morning, Amazon, Tech, Google, Microsoft, Bloomberg

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