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All about Amevi, world’s most expensive superyacht worth INR 1000 cr

You might have heard of or read about a lot of ridiculously expensive things owned by celebrities and businessmen and their expensive tastes. From Ambanis and Adanis to Bollywood stars, the ultra-rich of India have a penchant for all things luxury. But the world’s most expensive yacht, the Amevi superyacht can put even the most extravagant things to shame. And it is owned by none other than the steel magnate Lakshmi Mittal.

In India, super yachts are owned by a lot of the ultra rich. Both Anil and Mukesh Ambani own separate yachts. Adi Godrej and Gautam Singhania have their own yachts. Former billionaire and tycoon Vijay Mallya also owned Empress of India, one of the most expensive yachts in the world. But Lakshmi Mittal’s Amevi superyacht is a league ahead of all its contemporaries. Let’s find out all about it, while we daydream about being on a yacht vacation.

All about Lakshmi Mittal’s Amevi superyacht

Who built the amevi superyacht.

The Amevi superyacht was built in 2007 by Oceanco, a shipyard based in the Netherlands and designed by Nuvolari Lenard. Oceanco is a team of experts who merge the expertise of old-world Dutch craftsmanship with cutting-edge technology to create unparalleled masterpieces.

Specifications

Lakshmi Mittal

The superyacht is 80 metres (262 ft) long with a moulded beam of 14.2 metres (46.6 ft) and can accommodate up to 16 guests and 22 crew members. With a gross tonnage of 2,310 tonnes, the yacht has twin MTU 16V 595 TE70 engines with a total power of 9,100 HP (6,800 kW). The yacht reaches a maximum speed of 18.5 knots or 34.3 kmph, with a cruising speed of around 14 knots or 26 kmph.

The most exciting yacht launches of 2023

Price of Amevi superyacht

Reportedly, the price of this majestic piece of luxury is USD 125 million (INR 1,024 crore approx).

The interiors of the Lakshmi Mittal-owned superyacht was done by renowned interior designer Alberto Pinto who is known for his work in commercial spaces like offices and hotels and private jets .

Lakshmi Mittal

Amevi features a magnificent sky lounge, with a heated swimming pool , offering panoramic views and a large terrace to get to the sun decks. The yacht also features a gym, a private movie theatre, massage room and salon, a helipad, and a stabilised pool table.

Accommodation

The luxury yacht has eight exquisite suites to accommodate 16 guests. Onboard are three VIP staterooms, a double cabin, and two twin cabins on the main deck, featuring large plasma screens. The owner’s suite on the upper deck features a cut above the rest, with a full-beam design. It also includes a lounge and private a outdoor space with two jacuzzis.

All Images: Courtesy superyachts.com

Frequently Asked Questions (FAQs)

Answer: Lakshmi Niwas Mittal, the CEO of ArcelorMittal, is the steel king of the world.

Answer: According to Forbes, Lakshmi Mittal is the 93rd richest man in the world currently.

Answer: Mittal is the Executive Chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam.

Answer: As of 2023, Mukesh Ambani is richer than Lakshmi Mittal.

Answer: ArcelorMittal's main competitors include thyssenkrupp, China Minmetals, Teck and DOWA HOLDINGS.

All about Amevi, world’s most expensive superyacht worth INR 1000 cr

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AMEVI Yacht – Surreal $125M Superyacht

The AMEVI yacht is an impressive luxury yacht built by Oceanco , a shipyard based in The Netherlands.

They are a team of experts who integrate fine old-world Dutch craftsmanship with the sophisticated technology in every masterpiece they create.

She was the first 80-meter superyacht built by Oceanco, thus marking the yacht builder’s involvement in the said sector. 

They pride themselves not only on building yachts but also on creating lasting relationships with every client.

With AMEVI’s spectacular design, she won the 2007 ShowBoats best Full-Displacement Motor Yacht Over 56 Meters in length.

Being an active superyacht, she’s most recently spotted cruising near Barbados under the Marshall Islands flag, the 5th most popular flag state for superyachts. 

amevi stern

AMEVI yacht interior

AMEVI yacht’s interior was completed in 2007 by Alberto Pinto , a renowned interior designer whose works can be seen in private residences, office buildings, hotels, and jets.

He has collaborated with leading manufacturers such as Amels, Lurssen, Abeking & Rasmussen, ISA Yachts, and others.

She features a grand sky lounge that offers panoramic views with a large terrace to access the sun decks and the heated swimming pool.

Many of her opulent details are not usually seen on other yachts of her time, including a cinema, gym, massage room, hairdressing salon, helipad, and stabilized pool table.

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Specifications

The AMEVI yacht features a steel hull and aluminum superstructure with teak decks. She is propelled by twin diesel MTU (16V 595 TE70) 16-cylinder 4,647hp engines that enable her to cruise comfortably at a speed of 14 knots. 

On the other hand, her maximum speed can reach up to 18 knots with a range of up to 6,334 nautical miles from her 294,000-liter fuel tanks. 

She is equipped with at-anchor stabilizers that provide exceptional comfort levels for guests. Additionally, she can store around 80,000 Litres of freshwater for everyone’s consumption on board. 

She was constructed compliant with the MCA and Lloyds Register ✠ 100 A1 SSC Yacht (P) MONO G6 +LMC UMS classification society rules.  

Last but not least, she is fitted with ‘zero speed stabilizers’  that increase onboard comfort when the yacht is stationary, especially when the water is rough. 

amevi yacht dront shot

Accommodation

The AMEVI yacht can proudly accommodate 16 guests in 8 suites and an additional 22 staff in 10 cabins.

She comprises three VIP staterooms, one double cabin, and two twin cabins with large plasma screens on the highly desirable main deck. 

AMEVI’s owner’s suite features a full-beam design and is situated on the upper deck. It includes a lounge and private outdoor space with two jacuzzis.

She is equipped with a massive array of tenders, toys, and amenities, including diving equipment, surfboards, wakeboards, kneeboards, and water skis.

The AMEVI yacht exterior is designed by Nuvolari Lenard , the leading Italian yacht design studio which developed some of the world’s most impressive yachts.

She has beautiful modern lines and striking volumes that make her draw considerable attention wherever she docks.

She was bought for US$ 125 million and had an annual running cost of around US$ 10 – 12 million.

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Meet Billionaire Owner Of The World's Most Expensive Yacht Amevi; It's Worth Rs 1,000 Crore

Gursharan

It's not news that the world's top billionaires own ridiculously expensive things, from luxury cars to opulent houses and private jets. We have all witnessed that the ultra-rich have a penchant for all things luxury.

But the world's most expensive yacht, the Amevi superyacht, can put even the most extravagant things. And it is owned by none other than the steel magnate Lakshmi Mittal.  Here's all about Amevi.

amevi

All about  superyacht  Amevi

Mittal owns a 262-metre Amevi superyacht worth around Rs 1,000 crore. The yacht has a swimming pool, gymnasium, spa and cinema hall. Amevi features a magnificent sky lounge, offering panoramic views and a large terrace to get to the sun decks. It also features a massage room, salon, helipad, and stabilised pool table.

The Amevi superyacht was built in 2007 by Oceanco, a shipyard based in the Netherlands and designed by Nuvolari Lenard. Oceanco is a team of experts who merge the expertise of old-world Dutch craftsmanship with cutting-edge technology to create unparalleled masterpieces.  

Renowned luxury yacht designer Alberto Pinto has designed the interiors of Amevi. It accommodates 16 guests in its 8 VIP rooms and can carry over 20 crew members.

The owner's suite on the upper deck features a cut above the rest with a full-beam design. It also includes a lounge and private outdoor space with two jacuzzis.

The yacht has twin MTU 16V 595 TE70 engines with a total power of 9,100 HP (6,800 kW). The yacht reaches a maximum speed of 18.5 knots or 34.3 kmph, with a cruising speed of around 14 knots or 26 kmph.

Ranked the 7th richest Indian globally, Mittal has embarked on voyages to India, Spain, Gibraltar, and Norway aboard his lavish yacht.

lakshmi-mittal

Most expensive yachts by Indian billionaires

Other prominent Indian billionaires who possess yachts include Mukesh Ambani, Anil Ambani, Adi Godrej and Gautam Singhania, among others.

Mukesh Ambani, Asia's richest man, reportedly owns an ultra-luxury yacht shaped like a horseshoe, boasting a mind-boggling cost of $100 million. Stretching an impressive 58 meters, the yacht is replete with luxurious amenities, including private suites, a spa, a 25-meter swimming pool, and a lounge bar.

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Not to be outdone, his younger brother Anil Ambani, accompanied by his wife Tina Ambani, also purchased a yacht named TIAN, though the exact cost, rumoured to be around Rs 200 crore, remains undisclosed.

Former billionaire Vijay Mallya once used to own a yacht named the Empress of India, which he had bought for an undisclosed amount in 2006. Mallya said in 2018 that the 95-metre yacht was sold for 43.5 million.

For more on news and current affairs from around the world, please visit  Indiatimes News.

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The Economic Times

Ambani's Jets, Mittal's Yachts: Luxurious Rides Of The Ultra-Rich

Who Owns What

Who Owns What

Private yachts and customised planes. Check out the travel modes of the jet set that double up as meeting venues, party hangouts and spots to host special occasions. For those Indians — and those with desi roots — who are counted among the world’s wealthy, island hopping in Europe aboard their customised 200-feet yacht or taking off in their bespoke jet across the continent are but a way of putting a monogram on their commute. Take a look at the rides of the jet set:

Lakshmi Mittal’s Amevi

Lakshmi Mittal’s Amevi

In 2014, this London-based billionaire was spotted relaxing on the Greek island of Mykonos, dressed casually in a white T-shirt and baggy shorts. A newspaper report speculated that while Mittal lounged on the beach alongside other tourists, his 262-feet-long yacht Amevi was parked in the waters nearby. Some amenities on board: Sun decks, a heated swimming pool, a cinema, a gym, a massage room, a hairdressing salon as well as a unique, stabilised pool table to name a few.

Mukesh Ambani’s Boeing Business Jet

Mukesh Ambani’s Boeing Business Jet

More than a decade ago, it was reported that Ambani gifted his wife, Nita, a private jet on her 44th birthday. It was said at the time that this jet was “custom-fitted with an office and a cabin with game consoles, music systems, satellite television and wireless communication. It also has a master bedroom, a bathroom with a range of showers and a bar with mood lighting”. As his personal ride, Ambani reportedly favours a Boeing Business Jet. “Most often, they want access to the same amenities in the air.” That’s how the airplane maker describes their customer’s requirement, a.k.a, a flying home, as that’s what’s wanted.

Ravi Ruia’s Sunrays

Ravi Ruia’s Sunrays

“The ultimate guest and owner’s yacht.” That’s how the captain of Sunrays, delivered in March 2010 describes it. According to a description of the yacht available on the Oceanco’s website, “The upper deck is given over to the owner’s suite and an adjacent VIP suite that can be combined to create one expansive living area. Both suites have fold-down sea balconies. The owner’s exterior foredeck hosts a whirlpool and sunbathing area. The remainder of the yacht’s accommodations for up to 16 guests is on the main deck with one VIP stateroom and four guest cabins.” The large dining room can be converted into a video conference room with the optional use of the adjacent library. Foldable sea balconies provide guests unimpeded views while dining.

Kumar Mangalam Birla’s Cessna Citation

Kumar Mangalam Birla’s Cessna Citation

A blog published by an apparel brand, owned by the Aditya Birla Group, documented the private jets of India’s rich and famous. The listicle included the jets owned by Birla, the Group’s chairman. It said, “Few people know that this sharp, business-minded entrepreneur also has a sweet tooth, when it comes to sweet flying machines, with his Gulf Stream (G100) and Cessna Citation...It’s believed that Citations are the world’s most established, well-liked and most trusted fleet of business jets. The jet has high-tech design of pilot-friendly flight decks and luxury cabin interiors. Birla is often spotted taking a ride in his luxurious aircrafts.”

Sunil Vaswani’s Platinum

Sunil Vaswani’s Platinum

This Dubai-based billionaire’s yacht is apparently a fixture in the Mediterranean and was even spotted at the French Riviera around the time that the Cannes Film Festival was held this year, with others in the list for company. Vaswani, who is considered to be one of the richest Indians in the Gulf Cooperation Council (GCC) countries, was once described as he “who lives on multiple continents and sails the Mediterranean each summer in an all-purpose luxury yacht”. The logo of the Stallion Group, which he heads, adorns the yacht.

Ratan Tata’s Dassault Falcon 2000

Ratan Tata’s Dassault Falcon 2000

Tata’s love for aviation is an open secret. But he is perhaps one of the handful of billionaires in the world who not only owns a private jet, but even flies one. “A lot of people know that Ratan Tata owns a Dassault Falcon 2000 private jet but, what they do not know is that since Tata is a trained pilot, he even flies his own private jet and other jets owned by the Tata group,” said an earlier report.

Reuben Brothers’ Siren

Reuben Brothers’ Siren

“While watching the boat slowly taking shape in Rendsburg, we suddenly became aware of how seductive and mysterious she seemed. We just knew then that we had to call her SIREN and we are absolutely delighted with the result.” That’s the quote attributed to the owner of the 241 feet-long Siren, on the website of Nobiskrug, the German company that built the yacht. Presumably the owner quoted in question is either David Reuben or his brother Simon. Commonly referred to as the Reuben Brothers, they trace their roots back to Mumbai, and are counted among the UK’s richest individuals. Theirs is an award-winning superyacht with a foldable helicopter platform, that can double up as “a sundeck, a dance floor or a stage”.

Adar Poonawalla’s Gulfstream G550

Adar Poonawalla’s Gulfstream G550

Earlier this year, this scion became the first Indian to take delivery of a fully customised, ACH145 helicopter by Airbus. While his new ride, with a seating capacity of eight is great for covering relatively shorter distances, his Gulfstream G550 aircraft is reportedly his transportation of choice for long-haul journeys. In an earlier interview, Poonawalla had said, “With a 13-hour range, it (his jet) can take me to anywhere in the world with a single halt.” The report further added, “The plane can also come in handy when he (Poonawalla) craves continental food and in case he wants to fly in Michelin star chefs to cook for his friends and him.”

The Economic Times

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Mittal's 100 million pound superyacht moors in Palma

But the Amevi has been chartered by the President of the former Soviet Republic of Kazakhstan who held talks on Sunday with King Juan Carlos of Spain and went sailing on board the royal yacht Fortuna. Nursultan Nazarbayev is using the yacht as a floating base while he is in Palma. It is unclear how long the vessel will remain in Palma.

The Mittal family first went sailing on their luxury yacht in 2007, shortly after the Amevi had been completed. According to one British newspaper the first cruise was not altogether a success. They set sail from Barcelona on April 5 last year and headed to Ibiza but the weather was not on their side.

Despite the boat's modern stabilisers, built into her design, the 262ft-long vessel took the full brunt of the weather, terrifying everyone onboard. Their trip lasted ten days with rumours of certain members of Mittal's family swearing never to leave the safety of dry land again despite the yacht's various luxuries which include a gym, cinema and swimming pool Mittal, a labour donor and father of two, lives in a 70 million pound mansion which he bought from Ernie Ecclestone in 2004. Luckily for Nursultan Nazarbayev, bad weather shouldn't be affecting his stay on the yacht at the moment. Nazarbayev has been president of Kazakhstan since its independence from the Soviet Union in 1991. However, his large private wealth is surrounded in controversy, with allegations that he has transferred at least $1 billion worth of oil revenues to his private bank accounts in other countries.

In April this year he was the first torchbearer of the Kazakhstan part of the 2008 Summer Olympics torch relay in Almaty.

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IMAGES

  1. Lakshmi Mittal’s Amevi

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  2. AMEVI Yacht • Oceanco • 2007 • Value $125M • Owner Lakshmi Mittal

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  3. AMEVI Yacht • Lakshmi Mittal $125M Superyacht • Oceanco • 2007 • leaving Monaco

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  4. Lakshmi Mittal owns world's most expensive Amevi superyacht

    mittal yacht amevi

  5. AMEVI Yacht

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  6. Lakshmi Mittal owns world's most expensive Amevi superyacht

    mittal yacht amevi

COMMENTS

  1. AALTO Yacht • Laksmhi Mittal $125M Superyacht

    Key Takeaways. The yacht AALTO, originally named Amevi, is a luxury vessel built at the esteemed Oceanco shipyard in the Netherlands, with an estimated worth of US$ 125 million. AALTO is one of the largest yachts globally, measuring a remarkable 80.00 m (262.5 ft) long, with a 14.20 m (46.6 ft) beam, a 3.90 m (12.8 ft) draft, and a gross ...

  2. AMEVI Yacht • Lakshmi Mittal $125M Superyacht

    The $125 million motor yacht Amevi, owned by billionaire Lakshmi Mittal, leaving Monaco.https://www.superyachtfan.com/yacht/amevi/

  3. Amevi

    Amevi is the personal motor yacht of Indian steel magnate Lakshmi Mittal. Mittal ordered the yacht in 2007; it was built at Oceanco shipyard in the Netherlands. Design and engine. It is 80.00 m (262.47 ft) long, with a moulded beam of 14.20 m (46.6 ft). The draft of Amevi is 3.90 m (12.8 ft) and its gross tonnage is 2,310. The yacht has twin ...

  4. Lakshmi Mittal owns world's most expensive Amevi superyacht

    Price of Amevi superyacht. Reportedly, the price of this majestic piece of luxury is USD 125 million (INR 1,024 crore approx). Interiors. The interiors of the Lakshmi Mittal-owned superyacht was done by renowned interior designer Alberto Pinto who is known for his work in commercial spaces like offices and hotels and private jets.. Amevi features a magnificent sky lounge, with a heated ...

  5. AMEVI Yacht

    January 3, 2023. The AMEVI yacht is an impressive luxury yacht built by Oceanco, a shipyard based in The Netherlands. They are a team of experts who integrate fine old-world Dutch craftsmanship with the sophisticated technology in every masterpiece they create. She was the first 80-meter superyacht built by Oceanco, thus marking the yacht ...

  6. Meet Billionaire Owner Of The World's Most Expensive Yacht Amevi; It's

    All about superyacht Amevi. Mittal owns a 262-metre Amevi superyacht worth around Rs 1,000 crore. The yacht has a swimming pool, gymnasium, spa and cinema hall. Amevi features a magnificent sky lounge, offering panoramic views and a large terrace to get to the sun decks. It also features a massage room, salon, helipad, and stabilised pool table.

  7. AMEVI • A $125 Million Luxury SuperYacht

    AMEVI is a $125 million dollar luxury yacht owned by Multi Billionaire Lakshmi Mittal. AMEVI was built by Oceanco in 2007 and features a stunning exterior de...

  8. Inside AMEVI Yacht • Oceanco • 2007 • Owner Lakshmi Mittal

    https://www.superyachtfan.com/yacht/amevi/Lakshmi Narayan Mittal is an Indian national, steel tycoon and the chairman and chief executive officer of ArcelorM...

  9. 61: Amevi

    Luxury full-displacement yacht Amevi is another member of Oceanco's innovative fleet. Built with steel hull and aluminum superstructure, she owes her sleek silhouette to the design team of Nuvolari & Lenard, and her interior to Alberto Pinto. ... Mittal built his fortune acquiring troubled steel companies around the world and turning them ...

  10. Inside Amevi: Lakshmi Mittal s Maritime Opulence.

    The world's most expensive yacht belongs to lakshmi Mittal, a prominent indian business tycoon renowned for his involvement in the steel industry. Named Amevi, this extraordinary yacht is a symbol of opulence, measuring an impressive 80 meters in length and boasting a substantial weight of 2,310 tonnes. With a staggering price tag of Rs 1000 ...

  11. Lakshmi Mittal's Amevi

    In 2014, this London-based billionaire was spotted relaxing on the Greek island of Mykonos, dressed casually in a white T-shirt and baggy shorts. A newspaper report speculated that while Mittal lounged on the beach alongside other tourists, his 262-feet-long yacht Amevi was parked in the waters nearby. Some amenities on board: Sun decks, a heated swimming pool, a cinema, a gym, a massage room ...

  12. $150 million superyacht Amevi in Malta for refit works

    The dream yacht belongs to Indian steel magnate Lakshmi Mittal, whose ArcelorMittal is the largest steel producer in the world. He lives in London and was ranked the sixth richest person in the world by Forbes magazine in 2011. The Amevi, registered in Bikini, the Marshall Islands, was in Mykonos and Olbia before heading to Malta for refits.

  13. Amevi

    Amevi is super-yacht, owned by by the industrial entrepreneur Lakshmi Mittal. The yacht was built in 2007 by Oceanco yacht builder in Netherlands. Amevi is created to be luxury, stable and really comfortable for cruises of the richest men in the world. The mega-yacht has overall length of 80.00 m, moulded beam of 14.20 m

  14. Motor yacht Amevi

    About Amevi. Part of the, at the time, new initiative by Oceanco to move to larger yachts, Amevi was allegedly delivered to Lakshmi Mittal for the 2007 summer season.Amevi is a 80.00m (262.46 ft) luxury motor yacht. She was built by Oceanco in 2007. With a beam of 14.20m and a draft of 3.90m, she has a steel hull and aluminium superstructure.

  15. Inside Lakshmi Mittal's Amevi Superyacht: The Ultimate Luxury on the

    Explore the opulent details of Lakshmi Mittal's Amevi superyacht, a testament to unparalleled luxury. Discover its unmatched amenities, powerful performance, and the elite circle of Indian billionaires who own such floating marvels.

  16. AALTO Yacht • Laksmhi Mittal $125M Superyacht

    Delve into the world of luxury yachting with a closer look at the AALTO, a superlative creation of Dutch shipyard Oceanco, with Indian billionaire Lakshmi Mittal at its helm.

  17. Motor yacht Amevi

    Part of the, at the time, new initiative by Oceanco to move to larger yachts, Amevi was allegedly delivered to Lakshmi Mittal for the 2007 summer season.Amevi is a 80.00m (262.46 ft) luxury motor yacht. She was built by Oceanco in 2007. With a beam of 14.20m and a draft of 3.90m, she has a steel hull and aluminium superstructure.

  18. Mittal's 100 million pound superyacht moors in Palma

    By Staff Reporter ONE of the world´s largest and most luxurious yachts is at present moored at the Porto Pi naval base in Palma. The Amevi is owned by Britain´s richest man, steel tycoon Lakshmi Mittal who paid in excess of 100 million pounds for the super-yacht which even has its own submarine. But the Amevi has been chartered by the ...

  19. Superyacht Amevi, worth $150 million

    SuperYacht Amevi worth around US$ 150 million, this luxury yacht 80m long - is one of the largest yachts in the world! Yacht belongs to Lakshmi Mittal - worl...

  20. Who is the Owner of the Yacht Alaia? Lakshmi Mittal

    Yacht ALAIYA Owner Lakshmi Mittal. In December 2021 the yacht was sold to Lakshmi Mittal.He also owns the yacht AMEVI.. Mention SuperYachtFan When Sharing This Information. When using the information from this article, please remember to give credit to SuperYachtFan.Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.

  21. Lavish Rides Of The Billionaires: From Mukesh Ambani ...

    Laxmi Mittal. CEO of ArcelorMittal and India's biggest steel magnate, Lakshmi Mittal is the proud owner of the Amevi yacht for nearly 7 years now. According to ET, it was in 2014 when he was first spotted with it in Mykonos, Greece. The 262-feet-long mega-yacht comes at a whopping amount of Rs. 2,000 crores.

  22. Discover Lakshmi Mittal: Steel Magnate and Visionary ...

    Explore the life of Indian steel tycoon Lakshmi Mittal, his thriving steel empire ArcelorMittal, his net worth, and his illustrious contributions to the global steel industry. He is owner of the Oceanco yacht AALTO and the Lurssen yacht Alaiya.