Rich People and Their Yachts

It’s safe to say that all yacht owners are rich people, however, some are richer than others. The price of the yacht in question has a close correlation to the net worth of the owner. If a person has a $15 million yacht, then his net worth might be somewhere between $60 million and $100 million. The same goes for yachts at a higher price. If the yacht costs $50 million, then the owner must be wealthier than the previous example.

Only billionaires can purchase yachts that are larger than 80 met. Some of these yachts cost more than $200 million and some even come close to the billion dollar mark.

From yachts to superyachts, let’s see who these rich people are and what do their yachts look like.

1.  Amancio Ortega

Amancio Ortega is a wealthy business owner that is the founder of Inditex, the world’s largest fashion retailer. Amancio Ortega’s Inditex is mostly known for the brand ZARA, and he is also known for his yacht, the Drizzle. The Drizzle was renamed into Issana, not too long ago, and it is an $80 million yacht with a length of 67 m (220 ft). It can accommodate 10 guests in 5 cabins, and 18 crew members into 9 cabins. Amancio Ortega has a net worth of over $77 billion.

2. Larry Ellison

Few people admire yachts than the founder of US software maker Oracle. Larry Ellison is the 5th richest person in the world, according to Forbes, and he is the proud owner of the yacht Musashi. Mr. Ellison loves yachts and he loves watches. Both were closely connected in the mid-1950s when people would go sailing on their private yachts and they would be accompanied by expensive watches at all times. There is a special type of sailing watches, called “Yacht Master” that you can check it here. Mr. Ellison’s Musashi yacht is an 88 m (288 ft) yacht that can accommodate 18 guests and 23 crew members across 19 cabins. It was manufactured in 2011 by De Voogt Naval Architects and it has a total value of $160 million. With $ 66 billion to his name, Larry Ellison is the owner of one of the most expensive, and good-looking yachts that have ever sailed the seas.

3. Bernard Arnault

The chairman and CEO of LVMH Moet Hennessy and Louis Vuitton is also known as Bernard Arnault. Mr. Arnault is also ranked number 13 on Forbes most rich list. His net worth is similar to Ortega, at $69 billion. Bernard Arnault is the proud owner of the yacht Symphony and Amadeus. Symphony is a 101 m (333 ft) superyacht that can house 38 crew members and 20 guests across 24 cabins. The yacht costs $150 million and it is designed by Tim Heywood. His other yacht, Amadeus, is a 44 m (144 ft) yacht that can accommodate 10 guests and 9 crew members across 9 rooms. The yacht is smaller than the Symphony but it is a sheer beauty to look at.

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