Inaugural sustainability conference to welcome curated participation.
05.05.2024 - 11:19 / insider.com / Jeff Bezos / Lauren Sanchez / Mark Zuckerberg / Larry Ellison
The average Joe celebrating a personal renaissance after, say, the end of a long-term relationship or when approaching a fresh decade might commemorate it with an ankle tattoo or a sportscar. But if you're a billionaire, you may instead spend hundreds of millions on a yacht.
A few years after he and his wife divorced, Jeff Bezos shelled out on a megayacht. Last year, Bezos debuted the 127-meter vessel "Koru," a Māori symbol that signifies a fresh start — perhaps referring to that with his fiancée Lauren Sanchez.
Earlier this year, just before his 40th birthday, Mark Zuckerberg became the rumored owner of a yacht originally built for a Russian oligarch.
Superyachts have increasingly become ultrawealthy status symbols, providing highly secluded leisure and networking sites. They are — even more so than real estate — the single most expensive asset you can own.
"It's a bit of a celebration of your success in life, of wealth," Giovanna Vitelli, the vice president of the Azimut Benetti Group, the world's biggest producer of superyachts, told Business Insider.
While many tech billionaires have bought yachts, the richest of the rich, like Bezos, Zuckerberg, and Oracle cofounder Larry Ellison, have gone bigger. Their boats are virtual palaces at sea, decked with amenities like gyms, spas, pools, nightclubs, and movie theaters.
A look at these megayachts — broadly defined as over 70 meters long, mostly custom-built, and often costing nine figures — offers a glimpse into how the .00001% lives. It's something few others will ever get to experience. Even chartering a yacht of this size for a week typically costs upwards of $1 million.
One major thing that hundreds of millions of dollars can buy is privacy. There are likely yachts that have not been publicly recorded or registered — for example, Evan Spiegel is rumored to own the 94-meter megayacht Bliss. In an industry ruled by discretion, deciphering who owns what is typically an exercise in stringing together many clues.
Here are the largest yachts owned by tech billionaires, listed in order of length.
Inaugural sustainability conference to welcome curated participation.
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Chicago’s Museum of Science and Industry is now the Kenneth C. Griffin Museum of Science and Industry in recognition of a $125 million gift from the billionaire and former wealthiest resident of Illinois.
Financial advisors are quick to warn prospective owners that a boat is nothing more than a hole in the water in which to throw money. When it comes to superyachts, you'd better have bags and bags of cash.
Delta Air Lines will return to Amsterdam with daily flights from Tampa this fall, allowing Floridians the chance to satisfy their cravings for stroopwafels and Gouda cheese.
Irrespective of rain or sunshine, the Danes are always ready to embrace hygge, a concept that involves enjoying the good things in life – and that definitely includes enjoying the excellent cuisine the country has on offer. Dive into Denmark’s gastronomy at these top-notch eateries which carefully source and celebrate every ingredient.
Stargazing, seals and sandbanks in MandøDenmark’s wilderness zones and sparsely populated isles have long been havens for nature lovers and stargazers. Mandø, on the south-west coast of Jutland, is the most recent addition to the country’s four Dark Sky Parks. A small island in the Wadden Sea National Park, Mandø is most easily accessed at low tide via tractor bus over the causeway from the mainland – adding to the adventure and reducing the chances of latecomers’ annoying car headlights ruining your night vision. By day, you’ll likely want to visit the lovingly preserved, thatched and white-walled Mandø House museum (an early 19th-century shipmaster’s home), not to mention the island’s landmark windmill and church. Observe thriving seal and migratory bird species on a bike ride around the marshes and sandbanks.
Denmark is a haven for cyclists of all abilities, with 11,000km of marked cycle routes to ride. From adventurous cycling on multi-day trips that take in the country’s most varied scenery, to day trips and wine tours, these are the country’s best bike routes for everyone, from hobbyists to expert-level athletes. To make it extra easy, accommodation options line the routes, including simple campsites and shelters, run by the Danish Nature Agency and offered for free or almost free, as well as B&Bs and hotels especially set up for cyclists, with bike rooms, e-bike charging stations and rooms made available for fixing your bike as you go. Aktiv Danmark has a list of bike-friendly accommodation and there is also a group of Danish Bike Hotels that have bike facilities. Bike rental is available in major cities and towns all over the country.
Luxury was on full display during the Miami Grand Prix, especially at the Hard Rock Beach Club, where an order of wings cost nearly $200.