yacht

Billionaire Ong Beng Seng’s confidant bought yacht from Google co-founder Sergey Brin

A PERSON from billionaire Ong Beng Seng’s inner circle was behind the purchase of a superyacht previously owned by Google co-founder Sergey Brin, according to people familiar with the matter.

The Asia-Pacific region accounts for 18.2% of global yacht sales of US$9.4 billion in 2023, and is the fastest-growing regional market, according to a research firm.

Ultra-rich turn Vietnam into a new hot spot for luxury yachts

Manufacturers are now honing in on the relatively untapped market as the dollar millionaire population surges

Rescue personnel stand near the body of a person in a bodybag at the scene where a luxury yacht sank, off the coast of Porticello, near the Sicilian city of Palermo, Italy.

Body of British tech entrepreneur Lynch retrieved from yacht, source says

Lynch, 59 had invited friends to join him on the yacht to celebrate his recent acquittal in a major US fraud trial

Rescue personnel in the area where the luxury yacht Bayesian sank, off the coast of Sicily.

After yacht sinks, experts say Mediterranean growing more dangerous

THE shipwreck of a luxury yacht moored off the coast of Sicily is the latest sign that the Mediterranean is becoming a more dangerous sea to sail in, climate experts and skippers say.

Hermes International SCA sees Chinese buyers snap up its products.

Luxury yacht charters rise as uber-rich eschew buying outright

Sales of luxury yachts may be down but the world’s megarich have found another, more instantaneous way to get their high seas kicks – chartering a swanky boat instead.

Jeff Bezos, 59, is the world’s third-richest person with a fortune of US$126.2 billion, according to the Bloomberg Billionaires Index.

Bezos’s new US$500 million superyacht is undergoing sea trials

JEFF Bezos should have his new superyacht in time for the summer.

Michael Platt, 54, is Britain’s second-richest person with a fortune valued at US$11.2 billion, according to the Bloomberg Billionaires Index.

Michael Platt lists his superyacht for 139.9 million euros eyeing an upgrade

British hedge fund billionaire Michael Platt’s superyacht is for sale – because he is working on plans for a bigger one.

Goldman Sachs, JPMorgan Chase and UniCredit are leading Ferretti’s planned Milan offering as joint global coordinators.

Luxury yachtmaker Ferretti seeks approval for Milan listing

ITALIAN luxury yachtmaker Ferretti is seeking Hong Kong regulatory approval for its planned Milan share sale, in what is set to be the first dual listing between the two cities, sources said. 

“There is no hiding place for the assets of criminals who enable the Russian regime,” US Attorney General Merrick Garland said in a statement.

Russian oligarch's yacht seized in Fiji on US request

Fiji authorities have seized sanctioned Russian oligarch Suleiman Kerimov’s US$300 million yacht in line with a US warrant, the US Justice Department says.

The five deck, 72-meter yacht Axioma was put up for sale after JPMorgan Chase called in a  US$20.4 million tied to the vessel.

Sanctioned billionaire’s superyacht attracts 63 bids at auction

A luxury yacht once owned by sanctioned billionaire Dmitry Pumpyansky has attracted 63 bids in Gibraltar, in the first public auction of an asset seized since the start of the war in Ukraine.