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☆ Want to vacation like a billionaire? Here's how much it costs to charter a superyacht
▼ + stars: | 2024-08-03 | by ( Jordan Hart | Madeline Berg | ) www.businessinsider.com time to read: +4 min

"Our charter clients are looking for a 6-star experience perfectly tailored to them," Katie Schneidman, a charter broker at brokerage Burgess, told Business Insider over email. Take the Carinthia VII, a 97-meter yacht for charter from Fraser Yachts that costs more than $1.5 million a week to charter. Provisioning a charter yacht can run as much as 40% of the charter fee, Schneidman said. AdvertisementThat means food, drink, and fuel for the Carinthia VII could cost as much as $600,000. Related storiesAltogether, a week on the Carinthia VII can total $2.7 million — or just over $32,000 per person per day.

Persons: —, Mark Zuckerberg, Jeff Bezos, Katie Schneidman, Burgess, Fraser, It's, Anders Kurtén, Schneidman Organizations: Service, Business, Fraser Yachts, Palm Locations: Carinthia, Greece, Naples, Positano

☆ Tourists can be a turnoff for wealthy travelers in hotspots like Tulum and Mykonos. Here are 4 places that are still an oasis for the ultra-rich.
▼ + stars: | 2024-07-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDuring the summer months, if you're not on vacation yourself, it feels nearly impossible to avoid seeing pictures or videos of everyone else's trips to popular hotspots. But while both destinations still attract several million tourists yearly, some ultra-rich vacationers seek more exclusive locations away from the hoi polloi. Its casinos, luxury shopping, and excess of yachts make it "a playground for the ultra-rich," according to West. Courtesy of Fraser YachtsFive-star hotels have attractive amenities, but luxury yachts unlock another level of privacy and mobility for those rich enough to own or charter one.

Persons: —, Alexa West —, Aman, Kylie Jenner, Justin Bieber, Valentin Luthiger Andermatt, Knight Frank, Mark Cavendish Organizations: Service, United Nations World Tourism Organization, Business, Aman Resorts, Aman Resorts Aman Resorts, Monaco Monaco, Monaco, Wall Street, Yachts, Fraser Yachts Locations: japan, Italy, Tourism, US's Utah, Aman Resorts Aman, Its Utah, Utah, Switzerland, Monaco, Mykonos, St, Tropez, Sardinia, Carinthia

☆ How to behave as a superyacht guest
▼ + stars: | 2024-06-09 | by ( Madeline Berg | ) www.businessinsider.com time to read: +8 min

Meantime, Giorgio Armani held a party on his yacht for the likes of Sydney Sweeney and Kerry Washington. Being a guest on a superyacht is probably the best kind of guest to be — but the etiquette aboard the multimillion-dollar vessels comes with its own idiosyncrasies. The very few who need to know them — there are only about 5,800 yachts longer than 30 meters at sea, according to SuperYacht Times — already know them. The price to charter Triumph, a 65-meter superyacht, starts at $650,000 a week. According to the industry standard, owning a superyacht will cost 10% of its new-build price annually.

Persons: —, Mark Zuckerberg, Jeff Bezos, Barry Diller, Bezos, Koru, Bill Gates, Ari Emanuel, Leonardo DiCaprio, Eos, Diane von Furstenberg, Candice Bergen, Emma Thompson, Jason Blum, Giorgio Armani, Sydney Sweeney, Kerry Washington, they're, Rich, Fraser, he'd, Superyachts Organizations: Service, Business, SuperYacht, Palm, Breed Media, Fraser Yachts, Lamborghini Locations: superyachts, Aden

Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.

Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego

☆ How the super rich will watch the 2024 Paris Olympics
▼ + stars: | 2024-04-18 | by ( Chrissie Mcclatchie | ) edition.cnn.com time to read: +10 min

Olympic luxury packages are already on sale, offering exclusive access to the sporting spectacle, alongside very upscale travel and accommodation experiences. And this year, there’s no bigger sporting event than the Paris 2024 Olympic Games. Tour operator Kensington Tours says it has two clients coming into Paris for the first seven nights of the Games. “Paris presents a wealth of opportunities for luxury travelers to indulge in during the Olympics,” Adto Teppa says. Pierre MonettaTo ensure their clients have access to Paris’ most prestigious hotels, many luxury travel advisers have made blanket bookings at properties across the city.

Persons: cher, Barnabas Carrega, “, ” Carrega, ’ Carrega, Ducasse, Alain Ducasse, won’t, They’ll, they’ll, AZA, Angela Adto Teppa, ” Adto Teppa, Palais, Paris, Andrea Galvez, ”, Galvez, Pierre Monetta, We’ve, Dave Guenter, Crillon, Nicolas De Gols, De Gols, Fraser Yachts, Askari, Patrick Locqueneux, Clément Bru, Charles de Brosses, Cookoon, “ We’ve, ” Bru, Henri Jayer Vosne, Domaine, Conti, de Mars, Simone Biles Organizations: CNN, Paris, CNN Travel, Michelin, Olympic, Kensington, Eiffel, Palais Garnier, Travel, Opera Ballet, Travel Group, Le Bristol Paris, Paris ’, Royal, Raffles, “, Royal Monceau’s, Nice, Tahiti, Fraser Locations: Paris, American, Alma, Kensington, Oahu, Hawaii, New York, Rosewood, Le Bristol, Raffles Paris, Marseille, Polynesia, Teahupo’o, Tahiti, Monaco, France, Burgundy

☆ 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

☆ Amazon's new unit has more than 400 employees, focused on helping engineers avoid rote work
▼ + stars: | 2022-09-22 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Today, we're kicking things off with my colleague Eugene Kim's look at a (secret) new team at Amazon. Amazon CEO Andy Jassy is trying to fix the company's crumbling engineering culture. According to leaked documents, Amazon formed the "Amazon Software Builder Experience" group to "focus on improving the experience of software builders across Amazon." Some Amazon engineers have expressed that they're "overwhelmed" by mundane software upgrade work, manual testing and deployment, and hard-to-use developer tools. The Meta CEO announced on Instagram: "Happy to share that Max and August are getting a new baby sister next year!"

☆ I captain a charter yacht that costs $195,000 a week. I've experienced some pretty jaw-dropping moments working with wealthy clientele.
▼ + stars: | 2021-08-12 | by ( Jamie Killin | ) www.businessinsider.com time to read: +5 min

He's the captain of the Amarula Sun, a 50-meter yacht that starts at $195,000 a week to charter. My passion for the ocean and yachts is what made me pursue a career as a captain. Courtesy of Fraser YachtsAmarula Sun is a 50-meter yacht that I currently run and have managed for the last eight years. It also has an extensive toy line-up — making it an action-packed charter yacht and one of the best in the industry. The owners lease it to Fraser Yachts, who then charters it out to people going on vacation — with the cost starting at $195,000 per week.

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