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Boat of the Week: The World’s Largest Sailing Ketch Doubles as a Luxury Home on the Water

The 283-foot vessel just happened to set a record for its size. the owner was more interested in seeing the world from a bespoke lap of luxury., julia zaltzman, julia zaltzman's most recent stories.

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The 282-foot Aquijo might be the largest high-performance sailing ketch in the world, but that wasn’t the primary goal of its design. The owner’s intention was to build a fast world cruiser that could sail to the ends of the earth, but just as importantly, have huge amounts of interior space that would make the sailing superyacht feel like home anywhere.

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Aquijo is a boat built for escapism. “The owner wanted to go and see the world on his yacht,” Gerhard Veldsman, her captain, told Robb Report.   “We’ve been around the world once already, and returned to Holland in early 2020 to complete the boat’s five-year survey. After Covid hit, everything changed.”

The plan had been to make a refit pit stop in the Netherlands before heading through the Northwest Passage to the Pacific, and then embarking on a second world circumnavigation. That voyage has been postponed until travel restrictions ease, or at least until a time when fragile countries are less vulnerable to the pandemic. “I doubt the vaccine will be available in the small island nations as quickly as everywhere else” says Veldsman. “So we’re just sitting tight.”

The owner wanted the same amount of interior space in his sailing yacht as similar-sized motoryachts.  Courtesy Edmiston

Built in 2016, Aquijo was an unusually complex sailing yacht, a collaboration between Oceanco and Vitters. Her owner is a seasoned sailor who first chartered every large, iconic sailing vessel out there, from the 289-foot Maltese Falcon and Enigma (when named Phocea ) to Mirabella V, before embarking on a design and build of his own yacht.

“His aim was to take the best design pieces out of each of those yachts to construct Aquijo ,” says Veldsman. “That included matching Maltese Falcon in size, but adopting a large bar on the aft deck with a beer tap.”

There’s no denying that Aquijo is a beast. She has 64,500-square-feet of sails. At full pelt, she reaches speeds in excess of 20 knots which, for a 1,600 gross-ton yacht, is an impressive sight to behold. “When you have a boat of Aquijo ’s size and weight traveling fast through water, you need a team of people who understand not only the principles of sailing but also what happens below deck in terms of the hydraulics.”

Courtesy Edmiston

Features like the indoor spa pool beneath the opening skylight are one of many features that make Aquijo a liveaboard yacht.

Aquijo has a significant amount of complex hydraulic power. Vitters’s knowledge in building large custom sailing boats was a primary reason for the owner selecting that shipyard in Zwartsluis, Holland. But at 282-feet, the boat was too big for Vitters to construct at its facilities. So, Vitters built the sailing systems, and Oceanco was chosen to build the hull and superstructure.

Exterior design was by Bill Tripp, with the contemporary interior by Dölker+Voges Design. Together with the owner, the designers conceived a sailing vessel matching a comparable-sized motoryacht for interior space. “Balancing the abilities of a lightweight, high-performance sailing yacht with all the space and luxury of a motoryacht is why Aquijo is the size that she is,” says Veldsman. “We had to go big to accomplish that.”

Aquijo pairs an efficient cruising hull with lots of weight in her lifting keel, the largest of its kind ever designed. With the keel down, the draft is an impressive 38 feet. “We once cruised up the Sicilian coast in 40 knots of wind, and all the motoryachts were turning around but we were able to sail through it,” says Veldsman.

The owner took different designs from other super sailing yachts for Aquijo and added features like the bar and al-fresco dining table.  Courtesy Edmiston

Notable design features include neon headboards, extensive deck space and a private owner’s terrace that takes you from bed to balcony in two steps. The 197-foot-high crow’s nest offers the best views on board. The beach club, with Jacuzzi below a main deck skylight, is one of the owner’s favorite spaces on board, particularly in colder climates. The boat’s 300-foot masts are too tall to travel through any canals, which means navigating the Polar regions to get to different continents. Vast, remote waters like those off the coast of Patagonia, where wind speeds can reach 70-plus knots, is where Aquijo comes into her own.

This summer, Aquijo is cruising around the Mediterranean, with charters in Turkey already confirmed through Edmiston, before heading to the Caribbean for winter.

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86m Vitters/Oceanco world's largest ketch Aquijo sold

The 86-metre ketch Aquijo has been sold with Robert Shepherd and Bruce Brakenhoff of Edmiston representing the seller and Gary Wright and Jonathan Zwaans of Y.CO representing the buyer.

Built of high tensile steel by the two Dutch yards Vitters and Oceanco , she was designed by US naval architect Bill Tripp and delivered in 2016. Her interior is by Dölker + Voges who worked closely with the owner's wife.

Comfortable world cruising was the design brief handed to Tripp, who also made her high-performing. On her maiden season in Greece, she hit 20.4 knots in a 30- to 40-knot wind and cruised at an average speed of 19 knots.

“The interior design is contemporary and elegant, yet fresh and natural,” said Robert Voges. “Clear and logical lines, pure materials, simplicity and remarkable attention to the details.” Wood and stainless steel are used extensively on board Aquijo . “Stainless steel is one of the noblest materials,” said Voges. “Using it in the right way allows an exciting interaction between light, reflections and interior design, creating a sophisticated and modern atmosphere.”

Aquijo boasts an owner's deck with a rear-facing bedroom. She accommodates up to 14 guests and a crew of 16. Flying 3Di North Sails, the yacht has a total sail area of 3,821 square metres and 5,051 square metres with the Code 1 up.

The 1,538GT yacht Aquijo's asking price was not disclosed.

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"Aquijo" : Floating superlative - the largest ketch in the world

Martin Hager

 ·  14.02.2023

With a length of 85 metres, "Aquijo" still occupies sixth place in the ranking of the world's largest yachts. But it will soon slip down a place when Jeff Bezos' superyacht "Koru", with its 127 metres, sets sail. But the German industrial magnate, for whom the steel-aluminium yacht was built by Oceanco and Vitters, need not fret. She still has plenty of superlatives. And she has already fulfilled her purpose, travelling far and wide, as can be seen in the videos at the end of the article.

World record: The superyacht has the largest sail area

The "Aquijo" carries a maximum of five sails (main, mizzen, genoa, staysail, code 1) on its two almost 90 metre high carbon masts, which together form an area of 5,872 square metres. World record! No yacht carries more sail laminate. All the sail systems, including the sheets, stays and winches, were elaborately calculated and designed for the superyacht in order to withstand the enormous loads acting on the enormous rig. "The genoa sheets carry 40 tonnes, and the captive winches had to be developed first," explains designer Bill Tripp on the aft deck. "The masts are hydraulically pressed onto the foundation plates with 350 tonnes, and 73 tonnes act on the backstays."

The technical challenge of building the voluminous two-master (1,538 gross tonnes) was so great that two highly specialised shipyards had to join forces in order to build the sailing-experienced owner his dream yacht. "There has never been such a forced co-operation in the superyacht industry," explains the first engineer Robert Vadas as he walks through the huge, elongated technical room. "All sailing yacht components were developed, manufactured and installed by the Dutch shipyard Vitters, while the construction of the hull, interior and all motor yacht components were realised in the large halls of Oceanco. During the construction phase, it was sometimes difficult to find the right contact person for some components, but the result is impressive."

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The superyacht's draught has a variance of 6.3 metres

Oceanco welded the hull of construction number Y711 from steel, while the superstructure of the three-decker was made from aluminium. A lifting keel provides the necessary stability under sail, allowing the draught to be reduced from a maximum of 11.60 metres to 5.30 metres.

"The owner had very clear ideas about his new yacht right from the start," says Bill Tripp. "He wanted a length of around 85 metres, two masts, plenty of space for his family and friends and, above all, a powerful rigging package that would allow him to sail quickly and safely."

At almost 90 metres, the masts are so high that it is not possible for the superyacht to navigate the Panama Canal, so "Aquijo" had to be designed to withstand the harsh climate and strong winds around Cape Horn without any problems. "In our worst-case calculations, we had to ensure that the hull could withstand the enormous forces of the rig and the 11.60 metre deep keel in the event of a knockdown," explains Bill Tripp.

The sail plan of the Gigaketsch differs significantly from the usual ketch configurations. "We refer to the yacht internally as a 'sketch', a mixture of schooner and ketch, as the two masts are almost the same height," says the designer. "We wanted to realise a sail plan that allows the sail area to be evenly distributed over the three main sails: genoa, main and mizzen." In order to reduce the mast height slightly while maintaining the same sail area, the designers fitted the main and mizzen sails of the superyacht with head sections that flared far aft. "With the fathead sails, we save ten metres of mast, which has a positive effect on the centre of gravity. The battens in the sail head also ensure that the sails reef very well."

As the fathead sails would get caught on the backstay when tacking and jibing, the masts are held by backstays that have to be operated for every manoeuvre. "With a yacht of this size, I rely on experienced sailors who know exactly what to do every time I change course," says South African captain Gerhard Veldsman. "Technically, I could also sail 'Aquijo' alone. But that would be like flying an Airbus A380 without a co-pilot."

Pods as thick as a forearm

The customised sheets and halyards with the diameter of a trained man's forearm are operated via twelve captive winches (basically like winches on an off-road vehicle), which are oil-pressure controlled and well concealed in the winch compartment. Further massive deck winches are also available for taming the gigantic 3Di sails from North Sails.

The superyacht proved that "Aquijo" can sail fast just a few weeks after its delivery in summer 2017: at wind speeds of 35 knots, the two-master was already travelling at 20.4 knots, with the Cape Ketch sailing at an average speed of 19 knots that day. "You feel super confident on board, even when the wind is blowing at more than eight knots, as it was that day," says Gerhard Veldsman.

The size of the superyacht also has its disadvantages. It takes time before "Aquijo" is ready to sail. "It takes eight minutes to set the main, mizzen and genoa," says the first engineer. "And we need about three minutes for the tacks, as we first have to furl the genoa a little so that it slides around the staysail stay."

The superyacht has the largest carbon fibre rudder blades in the world

To enable the owner and captain to steer as directly and sensitively as possible, the Vitters engineers realised a system that transmits the hydrodynamic forces on the world's largest carbon rudder blades directly to the steering wheels on the flybridge. This allows the helmsman to feel the rudder pressure in real time and react accordingly. "The system works really impressively. Thanks to the direct control, 'Aquijo' feels like a much smaller yacht at the helm," says Bill Tripp enthusiastically.

In contrast, anyone entering the aft deck of the 14.50 metre wide "Aquijo" immediately has the feeling of being on a sailing giant. An expansive dining table dominates the area, in front of which is a large bar that skilfully connects the aft deck with the saloon. Hamburg design studio Dölker + Voges, which worked closely with the owner's wife, was responsible for the interior styling of the superyacht. "The design is modern and elegant and yet, in our opinion, natural and refreshing," says designer Robert Voges. Mutenye, ash and teak wood predominate on the three decks, with stainless steel details setting the tone in almost every room.

A glass lift is part of it

The unusual number of decks for sailing yachts is based on the owner's desire to have a spacious private area above the main deck. "To prevent the yacht profile from appearing too massive, we placed the bridge on half a deck between the owner's deck and the main deck." A glass lift connects all levels. "I never thought I would design a sailing yacht with a lift," smiles Bill Tripp. "Incidentally, the entire yacht is barrier-free; a friend of the owner is in a wheelchair and will be a frequent guest on board."

Beach club, pool, sauna, whirlpool - this superyacht has it all

An owner's bedroom with a fantastic panoramic view towards the stern is one of the absolute highlights of the unusual layout, as is the large beach club and spa area on the lower deck. A skylight on the aft deck floods the wellness area below, including indoor pool, sauna, steam bath and lounge corner, with natural light. Those who prefer to lie in the fresh air and sun in the bubble bath can choose the whirlpool on the flybridge. From up here, you have the best view of the sails and, with the helm stations in front, there is always plenty of action.

Two gimbal-mounted dining tables allow for a cosy al-fresco lunch even when the boat is heeling at 20 degrees. If the view from the fly is not enough, you can climb into the mast cage at the front of the main mast and sail up to the penultimate spreader at a height of 75 metres. Overview and adrenaline rush guaranteed. The superyacht, which is approved by Lloyd's Register for a maximum of twelve guests and a crew of 17, has an interior volume of 1,538 gross tonnes that outdoes many a 70-metre motor yacht. And yet the owner was never interested in causing a stir with the size of his yacht.

Travelling the world in the greatest possible comfort under sail - that was the starting point for this incredible project. "An assignment that gave me a few grey hairs," laughs Bill Tripp. But the effort was worth it. With its enormous sail area totalling 5,872 square metres, the world's largest ketch will remain at the top of the list of sailing giants for a long time to come. Spectacular giants such as the 106 metre long Dyna rig project "Solar" or the 143 metre "A" may be even more voluminous - but these extreme designs will certainly not round Cape Horn. Because the following still applies: anyone who wants to round the notorious headland on the Chilean rocky island of Isla Hornos must be carved from special wood. Although: steel, aluminium and carbon fibre will certainly do the trick.

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"Aquijo" in Patagonia

Shooting under sail, most read in category yachts.

However, he says that his main wish is to sail in the Ketch across South America. Sailing during long cruises, he also wants to have the most pleasant time with his family. This is why the Aquijo was built to be the largest sailing ketch to make the buyer feel at home.

Here's why this massive yacht is called a luxury home on water.

Like a lot of other superyachts, the Aquijo too boasts exquisite interiors. It has a pedigree design which Oceano built in collaboration with Vitters. Bill Tripp developed the naval architectural plans of the vessel's exterior body.

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The owner of Aquijo wanted the interiors to be 'homey.' His wife made most of the choices regarding interior designing ; the fashionable interiors were stylized by Dolker in collaboration with Voges.

The Aquijo is about 86 meters or 282 feet long and reached its completion in construction in 2016. The beam has a length of 14.48 meters or 47.5 feet, and the draught about 5.23 meters or 17.2 feet. This superyacht has a vast sail area of almost 3995 square meters. The sails expand over approximately 64,500 square feet.

The Aquijo functions over complex hydraulics to become a fast-moving ketch that bears so much weight. An expert crew has been employed who are very well versed with how to sail this beast smoothly. The superyacht has been registered under Llyod's foundation. The Aquijo was reported to be out on a cruise last summer with an average pace of 19 knots and sometimes hitting a maximum of 30 knots.

The sailor of this ship says that the owner wanted to put together all the good parts of various superyachts and create this masterpiece . But this large ketch is not only fancily designed, but also highly sturdy. The hull is made of steel and the vessel's superstructure is made of aluminum, while the decks are teak laid.

The Aquijo might come with brilliant hydraulics and extraordinary design but what defines its luxury is the host of amenities available on this yacht. It is spacious enough to accommodate about 12 guests in seven cabin rooms and a dining space that can hold up to 24 guests. The interior designs of the master bedrooms and the cabins are elegant yet light and breezy. The crew capacity is about 17.

The most attractive feature of this luxury home on water is a private deck, which also comes with a rear-facing bedroom that can offer a 270 degrees view of the ocean. Aquijo's owner seems incredibly excited to wake up here every morning and enjoy the marvelous view. The guest cabins are equally grand; they too come with beautiful views of the ocean.

The Aquijo has beautiful beach clubs with a sauna and steam rooms, various bars, and everything else that a billionaire would want on their yacht. The three bars are all extravagant, including one on the power's deck, another on the big main deck, and the last near the fancy jacuzzi built especially on demand .

The jacuzzi is placed right below the central deck skylight, offering a cozy environment, especially in winters. This particular design was a wish of the owner, and he says that it is one of his favorite spots on the yacht. Besides the main elevator, there is also a guest elevator and a roof over, and the dining space in the main deck is retractable.

Even the engine room on the yacht occupies a generous amount of space. Nowhere on this yacht is there a congested atmosphere. The areas occupied by the machinery and technicalities have been masterfully distributed all over the ship, starting from the center to its complete length.

The Aquijo has proven to exceed Røkke's expectations and is grabbing a lot of attention from the media and the public. The massive yacht can be availed on rent with a charge of about $536,541.

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Source:  Edmiston , Boat International , Yacht Harbour , Robb Report

Yacht, IMO 1012529

• VesselFinder
• Miscellaneous

The current position of AQUIJO is at North America West Coast reported 0 min ago by AIS. The vessel AQUIJO (IMO 1012529, MMSI 319085900) is a Yacht built in 2016 (8 years old) and currently sailing under the flag of Cayman Islands .

Position & Voyage Data

Map position & weather, recent port calls, vessel particulars.

AQUIJO current position and history of port calls are received by AIS. Technical specifications, tonnages and management details are derived from VesselFinder database. The data is for informational purposes only and VesselFinder is not responsible for the accuracy and reliability of AQUIJO data.

Oceanco 2016

Summer Charter

From €505,000 P/W

Winter Charter

Please Enquire

Sophistication. Volume. Pedigree.

Built by Vitters and Oceanco, 86m sailing yacht Aquijo redefines the top-end sailing experience. With vast interior volumes, an Aquijo yacht charter offers the space and amenities normally only seen on motor yachts. These include a guest elevator, interior and exterior dining for up to 24, three outdoor bars and a stunning beach club with steam room, sauna and ocean view Jacuzzi. A mast of 90 metres and an impressive sail plan ensure spectacular sailing and 7 adaptable cabins provide ultimate accommodation flexibility for up to 12 guests. Combining the vision of an experienced yacht Owner with the finest Dutch craftsmanship, Aquijo sets new standards in sailing and sophistication.

Not for sale or charter to U.S. residents while in U.S. waters

CHARTER LOCATION

Summer: South Pacific & Australasia

Standout Features

This is Aquijo

Unparalleled space

More space that other sailing yachts, with impressive ceiling heights.

Easy access between decks.

Private Terrace

Extends from the Principal cabin.

Adaptable Layout

A flexible seven-cabin layout offers numerous possibilities for any group.

Outdoor Bars

With a bar on three of her four decks Aquijo is set up to entertain.

Spectacular Flybridge

Spacious with large sofas, Jacuzzi, sunpads and gimballed tables.

Dutch Pedigree

Built by Vitters and Oceanco, Aquijo boasts exceptional pedigree from two top Dutch shipyards.

Unusual for a sailing yacht, the beach club offers a spawith steam room, sauna, hot tub and lounge.

Main deck's 24-seater dining table, BBQ, and bar create the ultimate social space..

Media Gallery

Aquijo Through the Lens

Sailing but not as you know it

Superlative Spaces

On the flybridge, which is impressively spacious, there are large sofas, a Jacuzzi, sunpads and gimballed tables (so your drinks stay put). It’s a superlative space to relax or take in the sailing action.

Entertainment Guaranteed

With a bar on three of her four decks, there’s every opportunity for seamless service at all times. Try the main deck, where there’s a 12-seater bar with a retractable television, multi-coloured lighting and beer on tap.

Dine Under the Stars

When it comes to dining, there’s nowhere better than the 24 person dining table on the main deck aft, situated under a retractable skylight.

Accommodation

Total Escapism

Aquijo offers total disconnection and complete freedom. Her seven adaptable cabins, with no TVs or Audio systems, offer numerous layout possibilities for different groups. The peace and escapism is unrivalled.

Cabin Arrangement

Principal Cabin

The bridge-deck master suite features his and hers ensuites and a private terrace with gimballed dining table.

Convertible Cabins

Two cabins each with ensuite and lounge that split into two separate cabins if needed.

Guest Cabins

Two additional guest cabins; one is wheelchair accessible.

Make a Splash

What's in the Toybox

2 x 8m Tenders 1 x 6m Tenders 11 Plastic kayaks Jetski One-man Hobie Quest Fanatic inflatable SUP Fanatic rigid SUP Wakeboards RS Aero sailing dinghies Sets of dive gear Fishing rods Assorted inflatable toys

Please note that the tenders and toys on board the yachts are regularly updated. Please contact Y.CO for the most up to date list.

Charter Aquijo in South America

Adventures In Nature

Bahia Herradura to Puerto Jimenez. Cruise from Costa Rica to Panama. Live la Pura Vida. Raft on the Pacuare River. Fly over vibrant green landscapes.

A Chain of Offshore Jewels

Cucumber Beach Marina to Belize City. A twelve day exploration of Belize's uninhabited islands and atolls by superyacht.

A Peaceful Green Jewel

Playa Herradura to Marina Papagayo. Discover Costa Rica, an adventurer’s dream. A peaceful idyll. Wildlife wherever you turn.

Untouched Wilderness

Las Catalinas to Puerto Jimenez. Experience the endless possibilities that a yacht charter on Costa Rica’s coastline has to offer.

Charter Aquijo in the South Pacific and Australasia

Pearl of the Pacific

Port Denarau to Port Denarau. Take a step back from the hustle and bustle of city life and escape to the Mamanuca and Yasawa Islands; white sandy beaches, blue lagoons and luxurious resorts.

Natural Paradise

Whangaroa to Auckland. Epic landscapes. Green islands. Mirror calm turquoise waters. New Zealand is the ultimate playground of the Pacific.

Uninterrupted Island Bliss

Samarai to Alotau. Venture off the grid and cruise through the Milne Bay Region of Papua New Guinea.

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Built in 2016, this spectacular 85m yacht is the world’s largest high-performing k etch and marks Vitters Shipyard and Oceanco’s first cooperative effort.  

Designed by Tripp Design Naval Architecture, AQUIJO is a breathtaking sailing yacht that offers the ultimate comfort and space. The contemporary luxury interiors are the highest possible quality whilst also featuring 270-degree panoramic views. The lower deck includes 6 guest cabins, each with their very own ensuite bathroom. Also situated on the lower deck is the exquisite beach club which has a jacuzzi, steam room, and sauna.  

Her unique steering system provides guests with impeccable sailing experience. This is an astonishing yacht that is designed to take you on a sail of a lifetime.  

• Charter Conditions
• Tender and Watersports

Tax Status:  Charter taxes, where applicable, will be due according to the rules and regulations of the chosen cruising destination Contracts:  MYBA – All agreements to be drawn up using the current MYBA E-contract Charter Agreement – Revised 2017 version

2 x 8m semi rigid tenders   1 x 6m military spec fully inflatable tender for ice and beach landings   1 x Yamaha Waverunner Jetski (3-person)   2 x One man Hobie Quest 11 plastic kayaks   2 x inflatable 2 persons kayaks   2 x Airhead inflatable towing donuts   1 x Sports Stuff inflatable half-pipe (2-person)   2 x Wakeboards – Hyperlite : Tribute   2 x JOBE Allegre Water Ski   1 x JOBE Progress Water Ski   2 x Fanatic inflatable SUP   1 x Fanatic rigid SUP   2 x RS Aero sailing Dinghy’s   8 x Sets of dive gear   6 Fishing rods for towing and casting with all related equipment   Assorted inflatable toys for floating behind the yacht: Flamingo, swan, pizza slice, pineapple   Jacuzzi’s: 1 on Fly Bridge, 1 large Jacuzzi in Beach Club plus sauna and steam room

Billionaires like Jeff Bezos and Mark Zuckerberg spend six figures a year maintaining their superyachts. Here's how.

• Superyachts  are one of the most expensive assets money can buy.
• The true cost of ownership is even more, adding up to millions a year.
• Here's how much it costs to own a superyacht — and what that money is going toward.

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.

As one luxury agent told Business Insider at the Palm Beach International Boat Show: "Buying a boat, it's a huge purchase — and nobody needs a yacht."

A superyacht, generally over 30 meters long, is one of the most expensive assets money can buy, with the largest costing more than a lot of real estate or a private jet. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts.

That doesn't include operating costs. Owners should expect to pay about 10% of a yacht's new-build price each year, experts told Business Insider. That's tens of millions of dollars annually for the most luxurious boats.

"It's a small-to-medium-sized business in its own right," said Jeffrey Beneville, a senior vice president at insurance company NFP, where he specializes in consulting clients about yachts.

Unlike many smaller boats, superyachts need staff, not just a captain. Some superyachts have space for dozens of crewmembers , including a chef, engineer, and masseuse for the guests onboard. Each gets an annual salary — the highest-ranking members earn six figures — and benefits. Eric Schmidt's yacht fits a crew of 28 for a ratio of about two crewmembers per guest.

Then there's fuel, dockage fees, routine maintenance, and insurance. The latter hinges on everything from the reputation of a yacht's shipyard to where an owner wants to take it (if a vessel is taking frequent trips to the South China Sea, for example, expect to pay a higher premium). 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.

"The cost to maintain a yacht is so high that they just think that money's getting lit on fire," Matthew Fleissig, the CEO of wealth management firm Pathstone, told BI of his clients who choose to charter rather than own.

One of his firm's clients who does own has a 23-meter yacht valued at $5.2 million. The annual cost to staff, maintain, dock, and insure the boat is $346,297, according to documentation provided to BI. The lion's share is spent on marina fees ($95,970) and maintenance work ($88,408.) While not exactly a Sunfish, that boat is too small to count as a superyacht.

At 106 meters, the Amadea, owned by a sanctioned Russian oligarch , definitely does. The $300 million yacht, which was seized in 2022 and is docked in San Diego, cost $922,000 a month to maintain, a court filing showed: $360,000 for crew salaries, $75,000 for fuel, $144,000 for insurance, $178,000 in dry-docking fees, and $165,000 for maintenance, waste removal, food for the crew, and miscellaneous expenses.

"And that's an inactive yacht that's in the water," NFP's Beneville said.

If it were operational and carrying guests, the costs would be about twice that, or between $20 million and $30 million a year, he added.

Of course, it makes more financial sense for the non-obsessives to charter, and many of Fleissig's clients do. And some owners choose to offer their yachts for charter — the most luxurious cost as much as $1 million a week — to offset the costs.

"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.

Then again, the running costs don't matter as much at a certain point. "If you're worth $30 billion, it's nothing. And if you're worth $117 billion — and these are the guys we're talking about — they're in it as long as it's still enjoyable for them," Beneville said. "It's not a money thing."

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