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Jeff Bezos’ unfinished mega yacht was towed away from a Dutch shipbuilding yard before dawn Tuesday just weeks after Rotterdam residents threatened to pelt the luxury vessel with eggs if the city went through with plans to dismantle a landmark bridge to make way for the $500 million ship.

The 417-foot long, three-masted yacht, which goes by the name Y721 , was relocated from the Oceanco shipyard in Alblasserdam to the Greenport yard just 24 miles away in Rotterdam, according to the German-language daily Der Spiegel.

Video of the towing was posted to YouTube by Dutch yacht enthusiast Hanco Bol.

“We never saw a transport going that fast,” Bol writes of what he witnessed. It took less than three hours for the ship to travel southwest along the Noord canal even though it normally requires nearly twice as much time to traverse the route, according to Bol.

He speculates that Oceanco, the company that was commissioned to build the yacht, chose the timing of the move in order to keep it under wraps given the considerable publicity it has generated.

Rotterdammers who were furious about plans to dismantle “De Hef” bridge , also known as Koningshaven, had threatened to pelt the yacht with eggs if it made the journey.

Bol writes that the yacht’s route was designed to avoid traveling through the Rotterdam city center and underneath “De Hef” — even though it would have saved more time.

Oceanco last month announced that it had dropped its request for the Rotterdam city council to approve the temporary dismantling of the bridge.

The company had indicated that Bezos, the Amazon founder and second-richest person in the world, was willing to foot the bill for the removal of the middle section of the span so that the yacht would be able to sail through the Nieuwe Mass River.

Bol speculates that Oceanco intentionally avoided towing the unfinished yacht underneath “De Hef.”

“I think that was intentional,” he told Der Spiegel. 

“When I was standing on one of the bridges, they shined a searchlight on me, so it wasn’t easy for me to take pictures.”

According to Dutch media reports, it will take several more months for the ship to be completed.

The Post has reached out to Amazon and Oceanco seeking comment.

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The Dutch vow to egg Jeff Bezos' yacht if a bridge is dismantled to let his boat pass

Rachel Treisman

Rotterdam residents appear to be up in arms over a plan to temporarily dismantle the Koningshaven lift bridge, popularly called "De Hef." Remko de Waal/ANP/AFP via Getty Images hide caption

Rotterdam residents appear to be up in arms over a plan to temporarily dismantle the Koningshaven lift bridge, popularly called "De Hef."

It's not exactly smooth sailing these days in the Dutch port city of Rotterdam, where locals are voicing their objection to a plan that would temporarily dismantle a historic bridge to enable the passage of a record-breaking yacht reportedly owned by former Amazon CEO Jeff Bezos.

In fact, some are already making plans — albeit in jest — for what they will do if the project comes to fruition: throw eggs at the yacht as it traverses the water under the Koningshaven Bridge, known locally as "De Hef."

Some 13,000 people are "interested" and nearly 4,000 have said they will attend a Facebook event titled "Throwing eggs at superyacht Jeff Bezos," which has been shared more than 1,000 times in the week since its creation.

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"Calling all Rotterdammers, take a box of rotten eggs with you and let's throw them en masse at Jeff's superyacht when it sails through the Hef in Rotterdam," wrote organizer Pablo Strörmann.

He told the NL Times that the protest started as a joke among friends and has quickly gotten "way out of hand." (The English-language news site also notes that this isn't Strörmann's first campaign to go viral.)

The news of De Hef's potential disassembly, however brief, has clearly struck a chord with both locals and international observers.

It all started last week when Dutch broadcaster Rijnmond reported that the city appeared willing to grant a request to dismantle the decades-old steel bridge so that Bezos' yacht could pass through.

De Hef was built in 1927 as a railway bridge, with a midsection that can be lifted to allow ship traffic to pass underneath, according to The Washington Post . It was replaced by a tunnel and decommissioned in 1994, but was saved from demolition by public protests and later declared a national monument.

The ship's three masts are apparently too high for the bridge's roughly 130-foot clearance.

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The sailing yacht in question was reportedly commissioned by the billionaire Amazon founder and is currently being built at the Oceanco shipyard in the Netherlands, according to Boat International . It will consist of three masts with aluminum and steel construction and will measure more than 415 feet in length.

"Once delivered, not only will she become the world's largest sailing yacht but she will also hold the title for the largest superyacht ever built in the Netherlands," it added.

The waterway where the bridge sits is the only way the ship can get from the shipyard in Alblasserdam to the open seas, according to the Canadian Broadcasting Corporation . So Oceanco asked Rotterdam officials to temporarily remove the middle section of the bridge.

City spokesperson Netty Kros told the CBC that "the applicant" would cover the costs of the project but did not clarify whether that refers to the yacht's owner, the shipbuilder or both. Bloomberg reports that Oceanco will foot the bill. NPR has reached out to Amazon and Oceanco to confirm these details.

The city appeared to agree to the arrangement last week, with municipal project leader Marcel Walravens telling Rijnmond that the project would proceed for logistical and economic reasons. He said an exact plan was being developed but estimated it would take about a week to prepare and another week to "put everything back in place."

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"At the Koningenne Bridge, we can press a button, and it opens. That's not possible here because De Hef has a maximum height," Walravens said, according to a translation from the NL Times . "The only alternative is to take out the middle part."

That prompted an immediate backlash from locals, lawmakers and social media users, with the Rotterdam Historical Society pointing out that city officials had promised never to dismantle the bridge again after completing a major restoration in 2017.

Officials then walked back the reports, with Rotterdam's mayor telling a Dutch newspaper on Thursday that "no decision has yet been taken, not even an application for a permit," according to The Guardian .

He said the municipality would consider an application and assess the potential impacts, like whether the dismantling can be done without damaging the bridge and who would cover the costs.

Postcard from Rotterdam

Proponents of the plan say the project will bring more economic opportunities to the region, while critics say there's a double standard at play.

"Normally it's the other way around: If your ship doesn't fit under a bridge, you make it smaller," Strörmann told the NL Times. "But when you happen to be the richest person on Earth, you just ask a municipality to dismantle a monument. That's ridiculous."

With a net worth of more than $188 billion, Bezos is the third-richest person in the world behind Tesla founder Elon Musk and French businessman Bernard Arnault, according to Forbes' real-time list .

Hypothetically, if the project does come to pass, and locals do show up with eggs, just how hard of a moving target would the yacht be? The website Curbed set out to find out.

After examining several studies and making a few calculations, reporter Clio Chang says an egg would have to travel about 238 feet to hit the hull — "a difficult, but not impossible, feat."

This story originally appeared on the Morning Edition live blog .

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Rotterdam to dismantle part of historic bridge so Jeff Bezos’s massive yacht can pass through

Rotterdam has agreed to temporarily dismantle part of its historic Koningshaven Bridge so that Jeff Bezos’s 417-foot-long , three-mast yacht can pass through the waterway sometime this summer, according to a spokeswoman for the city.

The Dutch company Oceano has been building the massive vessel for an estimated $500 million in the nearby city of Alblasserdam. Once completed this year, the ship, known as Y721, will be the world’s largest sailing yacht, according to Boat International .

But to reach the open seas it must first pass through Rotterdam — considered the maritime capital of Europe — and the city’s historic steel bridge, locally known as De Hef, which has a clearance of just over 131 feet.

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Originally built in 1927, De Hef was a railway bridge and the first of its kind in Western Europe, with a central span that could be lifted to allow ship traffic to pass underneath. It was decommissioned in 1994 after being replaced by a tunnel, but later declared a national monument. The bridge underwent a major restoration from 2014 to 2017, after which the city said it would not be dismantled again, according to the Dutch broadcaster Rijnmond , which first reported on the yacht agreement.

Although the exact plans, timetable and costs have not been set, Oceano and Bezos will pay to dismantle the bridge, Rijnmond reported.

Frances van Heijst, the Rotterdam municipality spokeswoman, confirmed by phone that the city would not be footing the bill. She said the shipbuilder bears the cost of hiring a company to carry out the bridge’s deconstruction and reassembly, but that she could not provide an estimate or breakdown of the cost as “a lot of details need to be worked out.”

Representatives for Bezos and Oceano did not immediately respond to requests for comment.

Bezos, estimated to be one of the world’s richest people, owns The Washington Post. Last year, he stepped down as chief executive of Amazon, the online retail giant he founded.

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Van Heijst said by email that the city agreed to remove the middle part of the bridge after receiving the request and weighing the economic costs and benefits.

“On the one hand, [there is] the economic importance / employment due to the construction of this ship,” she said. “On the other hand, our concern for De Hef.”

Were permission to dismantle the bridge not provided, Oceano would likely have to sail a half-finished yacht under De Hef and then complete construction elsewhere.

“From an economic perspective, we attach great importance to preserving employment,” van Heijst said.

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Marcel Walravens, a municipality official working on De Hef related issues, told Rijnmond that he considered the removal of the middle part “maintenance” as afterward the bridge would be restored to its original form.

Others are more concerned.

“Jobs are important, but there are limits with what you can and should do with our industrial heritage,” Ton Wesselink, the head of a local history society, Historisch Genootschap Roterodamum, told the website Dutch News .

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Jeff Bezos’ Giant Yacht Is Apparently Too Big to Anchor Near Others in Florida

The superyacht, called Koru, arrived in Port Everglades in Florida on Nov. 22, and has been docked near a more-than 610-foot-long oil tanker named Magnolia State.

By Lola Fadulu

First, Jeff Bezos’ new megayacht was too big to pass under a bridge in the Netherlands. Now, the massive vessel’s size — it’s more than 400 feet long — has played a role in preventing it from keeping company with other private yachts in Port Everglades, Fla., where it is anchored.

Instead, the megayacht, named Koru, is hanging with huge oil tankers and general container ships. The yacht is docked there because of its size and also because of what berths were available in the seaport, according to a spokeswoman for Port Everglades.

Koru is a sailing yacht, unlike the much bigger diesel-powered boats popular with other billionaires. It is the largest sailing yacht in the world, according to Oceanco , the Dutch company that finished building the boat earlier this year.

The deck space of the three-masted schooner has three Jacuzzis and a swimming pool. The inside has a “timeless, contemporary style,” according to Oceanco, with natural wood tones, warm neutrals, and patterned textiles. It also includes a mermaid on the bow that appears to resemble Mr. Bezos’ partner, Lauren Sánchez.

Koru, which Bloomberg estimated cost about $500 million to build, arrived to the Florida port on Nov. 22 after departing from Gibraltar earlier this month, according to Marine Traffic , a real-time maritime data platform.

It was unclear why exactly Mr. Bezos docked his yacht there, but earlier this month he said that he would be moving back to Miami to be closer to his parents and to Ms. Sánchez.

Mr. Bezos had since 1994 lived in Seattle , where he started Amazon from his garage. He has already purchased two mansions in South Florida, one for $68 million and another for $79 million, according to Bloomberg News .

Bloomberg estimated his net worth to be $171 billion.

Port Everglades charges yachts larger than 400 feet at least $309.50 per 24 hours. Ships that have been closest to Koru include a more-than 610-foot-long oil tanker named Magnolia State .

Koru is Maori for “coil” or “loop” and has come to symbolize new life, growth, and peace in traditional Maori art.

Mr. Bezos’ journey with his new yacht started off rocky . Last year, city officials in Rotterdam, the Dutch city, initially agreed to dismantle De Hef, a 95-year-old bridge, so that Koru could pass through it from the nearby city where it had been built. The dismantling process would have taken more than a day, and putting it back together would have too. But after uproar from the community — including calls to throw eggs at the boat as it would have passed — Oceanco decided against it and the yacht was towed to a different location to have its masts attached.

Jack Begg contributed research.

Lola Fadulu is a general assignment reporter on the Metro desk of The Times. She was part of a team that was a finalist for a Pulitzer Prize in 2023 for coverage of New York City’s deadliest fire in decades. More about Lola Fadulu

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Sailing yacht KORU: What we know so far about Jeff Bezos’ 127 meter yacht

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By Nina Done   15 December 2022

Recent footage showcasing the vast proportions of the Amazon founder’s new 127m (417ft) Oceanco sailing yacht KORU , known throughout her build as Project Y721, has provided some valuable insight into one of the yachting industry’s best-kept secrets.

The megayacht’s specifications and amenities had been kept completely under wraps until she was forced to move from the Dutch yard’s primary facilities in Alblasserdam to get her masts fitted elsewhere in order to avoid dismantling the Koningshaven Bridge after huge public backlash. 

In August, the yacht was spotted in the Port of Rotterdam after her trio of masts had been successfully stepped, with pictures barely doing justice to the monolithic proportions of the sailing spars, reportedly up to 70-80 meters tall.

World yacht rankings

KORU will replace Oceanco’s BLACK PEARL for second place in the world's largest sailing yacht rankings behind Nobiskrug's 143m (469ft) sailing yacht A .

Oceanco's newest yacht is understood to have an internal volume of 3,300 GT and will undoubtedly offer a wealth of luxurious accommodation and amenities. Although we have scant information about the yacht's features, we do know that she will have an aft dip pool along with a further Jacuzzi on her sundeck and variety of alfresco social spaces. She also has a crow's nest attached to her central mast, offering lofty panoramic views for her more adventurous guests.

From the pictures we can see KORU also benefits from full-length windows across her superstructure allowing plenty of light to infuse her interiors. 

Design inspiration

Built with a steel hull and aluminum superstructure with teak decking, she reportedly takes her design cues from the 93-meter Lürssen sailing yacht EOS , perhaps inspired by the entrepreneur’s visits to this yacht in previous years. 

Showcasing a midnight-blue hull with a distinctive red stripe running along her waterline, KORU’s exterior styling mirrors this traditional schooner style, with an elongated bowsprite and canoe stern. Another similar style yacht is the 90m (295ft) Royal Huisman sailing yacht ATHENA . 

Kinetic energy technology

As expected from a tech entrepreneur, known for pushing boundaries and driving innovation, sailing yacht KORU will be trialing a prototype for a new kinetic energy recovery system. This is based on a conversion of wave induced motion, heave, pitch and roll into electric energy, with initial tests showing early promise. 

With a nod to her green credentials, this will provide an additional power source for the yacht allowing for more sustainable cruising.

Tenders and toys

Access to sailing yacht KORU will be via folding passerelles, discreetly hidden in the yacht's hull on either side. Rescue and work tender launches will likely take place further forward, as per regulations. Recent pictures show a large hatch opening in her lower deck aft, which may contain further tenders and toys, but may also double as a beach club. 

Sailing yacht KORU comes complete with a support vessel built by Damen Yachts, reportedly known as 75 meter (247ft) yacht WINGMAN .

Once delivered, it is understood that she will act as an official support boat for the sailing yacht , carrying the larger toys, including a submarine for thrilling excursions beneath the waves, plus a helicopter and landing pad. She is also believed to play host to an array of PWCs, with rumors of a speed boat and luxury car adding to the fleet, as well as providing accommodation for additional crew and staff.

When is sailing yacht KORU expected to be delivered?

From here she will undertake the all-important rounds of sea trials before being delivered to her owner sometime in the new year. It is understood that the yacht will be officially christened KORU upon delivery, and will operate under the Cayman Islands' flag. It is not believed that superyacht KORU will be available to charter. 

If you'd like to learn more about chartering a yacht, please get in touch with your chosen yacht charter broker . Alternatively, view all superyachts available for charter .

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63m Holland Jachtbouw 2010 / 2023

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Jeff Bezos’ $500M yacht has a 246-foot support ship, Lauren Sanchez figurehead

Much like Amazon, Jeff Bezos’ $500 million superyacht offers every bell and whistle imaginable, from A to Z.

The colossal, triple-masted Koru began its career serving the world’s third richest man this week, cruising the Mediterranean around Mallorca.

The 417-foot schooner first left Rotterdam in the Netherlands for sea trials in February. Dropping anchor in Mallorca put its jaw-dropping size on full display.

It also showed the extent of Bezos’ fleet: Not only did the Koru sail into harbor, so did its support vessel, Abeona, a mega-boat in its own right, the luxurious fast-launches used to move between the two — and aerial support in the form of his girlfriend Lauren Sanchez’s personal helicopter.

Sanchez also seemingly serves the fleet’s mascot, with the Koru’s figurehead, a part of traditional large sailing ships, modeled after her.

The Koru is the world’s tallest sailing yacht. Its three huge 229-foot masts power it to 20 knots. It’s also the biggest billionaire’s yacht which can move under sail-power alone.

The masts are so tall that Dutch officials considered dismantling the 95-year-old Koningshaven Bridge to allow the vessel past the 131-foot span on its journey from the Oceanco shipyard in Alblasserdam through Rotterdam to the North Sea.

That controversial plan was scrapped after local backlash, including residents being urged to toss eggs at Bezos’ “latest toy,”  the New York Times reported . The superyacht, previously known as Y721, was instead towed to a shipyard in Rotterdam, downstream of the bridge, without its masts.

Bezos, 59, and the bikini-clad Sanchez, 53, appeared ready for the summer as the pair soaked up the sun aboard Koru, a Māori word for loop or coil that symbolizes new beginnings — possibly a coy reference to their relationship.

Sanchez started secretly dating the Blue Origin founder in the summer of 2018. Bezos then announced in January 2019 he and his wife Mackenzie were divorcing after 25 years , while Sanchez finalized her split from husband Patrick Whitesell later that year.

Sanchez plays a critical role in the Bezos fleet: As a helicopter pilot, she was seen landing on the Abeona. She was also at Bezos’ side when he took the wheel of the Koru.

Koru was first seen under construction in 2021 at Oceano’s yard. The company is owned by a fellow billionaire, Oman’s Mohammed Al Barwani.

As many as 18 guests can enjoy the yacht’s three outdoor decks, including one with two pools. The vessel, which has a crew of up to 36, also boasts a cinema, meeting spaces and lounges,  Luxuo reported .

Every detail is designed for luxury, even down to the masts’ technology.

Bezos opted for high-tech “in-boom furlers,” which store the vast canvases at the bottom of the mast, above the deck. Each weighs nearly 2,000 pounds, but they allow his deck to be kept clear of ropes.

Clearing ropes out of the way maximizes entertaining space, and allows for a hot tub forward of the mainmast.

The yacht is also built for speed. Its three masts provide “one of the largest sail areas ever seen in yachting,”  according to SuperYacht Times .

The Koru’s original designer, and the identity of its captain, remain secret. Boat International noted : “With the elegant curve of the bow and a bowsprit, the lines are certainly classic, but we still have no idea which designer drew them.”

The Cayman Islands-flagged vessel also has engine power like most sailing yachts.

And while other billionaires measure yachts by size, Bezos’ is only the 24th largest.

However, since Koru’s masts rule out a helicopter deck, the billionaire commissioned a support vessel, Abeona, named for the Roman goddess of outward journeys.

In addition to a helipad, the 246-foot Abeona features an extra two staterooms for four guests and as many as 45 crew and support staff.

It’s the largest custom-built support vessel ever manufactured by Damen Yachting. On board in Mallorca were at least four jetskis, two fast launches, and an additional dinghy. Its heavy winch is capable of lifting a small submarine, although Bezos is not believed to have one thus far.

The “classic exterior lines” of Koru, are reminiscent of another billionaire’s boat: Eos, a 305-foot sailing yacht owned by Barry Diller, 81, who may have inspired Bezos after hosting him on the vessel.

Favored by megastars like Katy Perry and Bradley Cooper — who were Diller’s guests during 2019’s Google Camp in Sicily — the German-built Eos can accommodate up to 16 guests and 21 crew.

It was the largest private sailing yacht in the world when it was completed in 2006. Diller, chairman of IAC and Expedia, who is worth $3.9 billion, bought it three years later. Intriguingly, its figurehead is modeled on Diller’s wife Diane von Fürstenberg, the fashion designer.

But the $200 million, 305-foot schooner is now dwarfed by Bezos’ boat.

As Koru sailed in the Balearic Sea this week off the coast of Spain, Bezos’ boat symbolically surges past several other tech billionaires’ vessels – including Google co-founder Sergey Brin’s $80 million, 240-foot Dragonfly, and Oracle co-founder Larry Ellison’s, $160 million, 288-foot Musashi.

It will cost Bezos, 59, an estimated $25 million per year to operate Koru, but the world’s third-richest man isn’t likely to need a loan with his $140.6 billion fortune,  according to Forbes .

Bezos’ use of sailpower sets him apart from most billionaires, but others are seeking a hi-tech zero-carbon power source: a Japanese billionaire has reportedly commissioned the world’s first hydrogen-powered superyacht.

Germany’s Lürssen Yachts announced in March that they had a hydrogen-powered superyacht in advanced construction.

It declined to identify the future owner of the unnamed superyacht, but specialist publication FuelCellsWorks reported Japanese billionaire tech Yusaku Maezawa, worth an estimated $1.7 billion, commissioned the innovative effort.

Dubbed Project Cosmos, the 374-foot superyacht is designed by Apple’s legendary Marc Newson and was first unveiled in early March at Lürssen’s facility in Rendsburg, Germany.

Once completed as soon as next year, the vessel is expected to utilize emission-free fuel cell technology to generate power lasting up to 15 days while anchored or to travel as far as 1,000 miles at slow speeds.

Three other major shipyards, including in Italy and the Netherlands, are likely to launch their own hydrogen started outfitting newly constructed vessels with hydrogen fuel cells as of March 2022, with the first models reportedly expected in 2024.

Other megayachts expected to soon join Bezos’ Koru in the water include two Lürssen models, the 475-foot Luminance and the 400-foot Jag, and Feadship 821, a 389-foot offering from the Netherlands manufacturer.

But even those won’t best the biggest megayacht in the world, the 593-foot Azzam, which launched in 2013 after being commissioned by Sheikh Khalifa bin Zayed Al Nahyan, the ruler of Abu Dhabi and president of the United Arab Emirates who died last year.

Azzam, which means determination in Arabic, reportedly cost more than $600 million and is nearly 60 feet longer than the world’s second-largest yacht, the 533-foot Eclipse, owned by Russian oligarch Roman Abramovich.

Those monster vessels are expected to be surpassed next year by REV, a 600-foot yacht under construction in Norway which will have space for 36 guests and 54 crewmembers, according to Boat International .

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Jeff Bezos Has Reportedly Received the 417-Foot ‘Koru,’ the Tallest Sailing Yacht in the World

The $485 million vessel left for its maiden voyage last thursday., rachel cormack.

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The yacht has also been at the center of massive, worldwide controversy. Back in February 2022, Oceanco requested that a centuries-old bridge in the port city of Rotterdam be partially dismantled in order to get the behemoth out and onto the high seas. The masts, which are the same height as the Great Pyramid of Giza, simply exceeded the bridge’s 131-foot clearance and thus prevented Koru from passing under. Rotterdammers were none too pleased and threatened to pelt the yacht with rotten eggs . The request was subsequently denied, and the yacht was instead discreetly towed through Rotterdam without its mast.

The designers behind the yacht’s interior and exterior are yet to be named, but it’s clear that she’s a timeless and elegant cruiser. Koru , which is a Māori for “new beginnings,” features a sleek black hull and white superstructure. She also sports a large pool on the aft deck and a number of plush alfresco lounges.

The epic design isn’t able to accommodate a helicopter, however, as the soaring masts make it too unsafe to land. As a result, Bezos commissioned a second yacht to hold his toys and tenders. Christened Wingman, the custom 246-footer is Damen’s largest support vessel to date. It’s a good match for monumental Koru , then.

Rachel Cormack is a digital editor at Robb Report. She cut her teeth writing for HuffPost, Concrete Playground, and several other online publications in Australia, before moving to New York at the…

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What yachting industry insiders have to say about Jeff Bezos' superyacht

• Jeff Bezos' yacht , which reportedly cost $500 million to build, completed its first year at sea.
• The superyacht, Koru, was a frequent topic of conversation at the Palm Beach boat show.
• Here's what industry insiders think about the vessel.

It's been just about a year since Koru, Jeff Bezos ' $500 million megayacht, set sail from the Oceanco shipyard in the Netherlands, capturing the attention of yachting insiders and land dwellers alike.

Even after her first season at sea, the 127-meter ship is still one of the most talked about vessels among those in the know — and not just for the busty figurehead on its prow, which many have wrongly speculated is based on Bezos's fiancée . Koru was a hot topic at the annual Palm Beach International Boat Show, where the yachts of other billionaires were on display for sale or charter.

The overwhelming response from those Business Insider spoke to was awe, with many praising her unique design, commenting on her immense size, or remarking that they'd been lucky enough to see her up close.

"It's absolutely beautiful," said Federico Rossi, the COO of luxury yachtbuilder Rossinavi.

Still, due to the small size of the industry — and the fact that privacy is paramount in the yachting community — even those who complimented Koru mostly did not want to go on record in order to protect professional relationships.

"That thing's amazing," one such superyacht expert told BI. "It's very well done in terms of craftsmanship."

Unlike many other megayachts, Koru, which media billionaire Barry Diller's Eos inspired, is designed as a sailing yacht. That bucks the current trend of more severe-looking explorer boats — though Koru's 75-meter support vessel Abeona is of a more typical style,

"I heard back in 2018 or something that somebody had ordered a classic sailing yacht," the superyacht expert also told BI. "You order 125 meters, that's not really going to be classic. But it is. I think it's pretty cool."

Like most other megayachts, Koru is powered by her engines, which are reportedly innovative in their use of a kinetic energy recovery system. Industry experts, therefore, pointed out that her sails are more for looks than anything else — but that still works in her favor, with many praising her overall aesthetic appeal.

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"It's stunning," added a captain who has worked on several megayachts. He said he'd seen Koru in St. Barts, a favorite spot of Bezos and his fiancée Lauren Sanchez , over the holidays.

"There are definitely uglier boats out there," one yacht architect said. "It's not like it's shaped like his rocket," he jokily added, referring to the phallic design of Blue Origin's New Shephard .

Some, though, think the yacht is a bit excessive — which is saying something in a world where bigger is better and $250 million is a normal amount to spend.

"That's over the top. That's an insanely ridiculous boat," a longtime broker who favors discretion said. It's a "whole big show."

And the expert who praised the yacht's craftsmanship balanced his admiring comments by saying Koru's liberal use of teak — a wood traditionally used for yacht decks — was "bizarre."

The material has gained a bad reputation in the industry in recent years, as it typically comes from Myanmar, a country with a checkered human rights record. Plus, it takes a long time to grow, leading to deforestation.

Many shipyards have now turned to alternatives, like bamboo or plantation-grown teak, in their pushes toward sustainability. Bezos' team did not respond to BI's question about the origin of the deck's wood.

Teak or not, the yachting industry isn't generally known for being all that environmentally friendly — or indeed lowkey, so many who BI talked to didn't buy into the idea that Koru is "too much."

"If this is genuinely Jeff's dream come true, then great," Anders Kurtén, the CEO of brokerage Fraser Yachts, said. "I'm genuinely happy for him, and I'm happy for the people who got the opportunity to have employment to work on that."

And Bezos, of course, isn't the only billionaire with a stunning yacht . Billionaires like Jerry Jones and Bernard Arnault have also, at times, turned heads with their boats.

Most recently, insiders have tied Mark Zuckerberg to a 118-meter ship named Launchpad . It's the latest superyacht to capture the yachting world's attention.

So, as she sets sail for her debut summer season, Launchpad may take Koru's place as the main yacht on everyone's radar this year.

Watch: Walmart heiress' superyacht vandalized by activists in Ibiza

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Has the World Finally Had a Glimpse of Jeff Bezos’s $500 Million Mega-Yacht?

By Shivani Vora

Amazon founder Jeff Bezos is appears to be getting closer to welcoming the superyacht he reportedly commissioned in 2018: a fancy toy fitting for the world’s second-richest person, given that it costs a reported $500 million and breaks one world record after another.

Called Y721, this vessel of all vessels is being custom designed by Dutch builder Oceanco and was spotted at a shipyard last week in Zwijndrecht, a town in the western Netherlands. It’s reportedly heading to another Netherlands town, Alblasserdam, for a final fitting. With a length of 417 feet, Y721 is the biggest sailing yacht in the world and the longest vessel to be built in the Netherlands. Features include a black hull, classic shape, three large decks, and three masts.

Superyacht Bravo Eugenia , belonging to the U.S. billionaire Jerry Jones, owner of the Dallas Cowboys, was built by Oceanco, which is also rumored to be behind Bezos’s new massive vessel.

Y721 is going to totally change the world of yachting with its design and innovation, says Fernando Nicholson, a luxury yacht sales broker with the yachting company Camper & Nicholsons. “It’s a boat with the latest technology and bells and whistles that have never been seen,” he says. “This will be the standard for all superyachts to follow, but in years to come, when its features become more affordable. Right now, only someone with Bezos’s wealth can swing the cost.”

The superyacht is said to be modeled after Oceanco’s famous yacht, the Black Pearl , which the company site says , “is one of the largest and most ecological sailing yachts in the world. She can cross the Atlantic without burning even a liter of fossil fuel.” Y721 will go through sea trails following its fitting-out in Alblasserdam and is expected to be ready sometime next year.

The Flying Fox , allegedly owned by Bezos.

However, it’s only one of two new boats for Bezos: He has also commissioned a shadow vessel called YS 7512 from builder Damen Yachts. This support ship measures 246 feet in length and accommodates 45 additional crew and guests. It will also feature a helipad and meeting space and have a vast amount of storage for Bezos’s endless number of water toys, with diving and snorkeling gear, jet and water skis, waterslides, and surfboards among the bunch. Shadow vessels are a growing phenomenon in the superyacht industry and one more extra toy that their owners want to have at the ready, says Nicholson. “You see them more and more now as an add-on to a superyacht purchase,” he says. “They’ve almost become a must.”

There’s no doubt that Bezos will be sailing the high seas in full panache and style come 2022. But really, is there any other way when you have more money than almost anyone else in the world and attract an endless amount of attention too?

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Jeff bezos buys $90 million florida mansion to live in while his other newly purchased $147 million homes are 'demolished' for a mega mansion.

Jeff Bezos, the world's second-richest individual with a net worth of $203.7 billion, has made significant real estate moves in Florida's exclusive Indian Creek Island, known colloquially as "Billionaire Bunker."

Bezos's acquisition spree began with two mansions purchased for a combined total of $147 million. Not stopping there, Bezos recently added a third property to his collection for $90 million.

The home, featuring six bedrooms and nine bathrooms, was acquired by Bezos through an off-market deal. Property records show the house was last sold in 1998,= for $2.5 million to banker Javier Holtz.

Despite its luxurious attributes, the property's valuation by Zillow stands at approximately $41 million, significantly lower than the price Bezos agreed to pay for it. This discrepancy highlights the premium Bezos placed on the property, possibly because of its location, exclusivity or potential as a custom home site beyond the estimated market value.

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Bezos’s latest property acquisitions are located next to the homes of Ivanka Trump and her husband Jared Kushner as well as the famed NFL quarterback Tom Brady. Situated in one of the most expensive neighborhoods in the United States, Indian Creek is home to just 80 residences, each set in expansive mansions. These homeowners enjoy exclusive amenities, including a private golf course and country club, highlighting the area’s luxurious lifestyle.

The latest reports from Bloomberg suggest an ambitious plan: Bezos intends to demolish the first two properties to make way for a massive mansion. However, this plan has not been officially confirmed by Bezos himself.

Beyond the sphere of luxury real estate, Bezos's relocation to Florida is strategically savvy, coinciding with selling approximately $8.5 billion worth of Amazon shares . Florida's tax environment, known for its absence of a state income tax, offers a significant tax advantage, particularly for high-net-worth individuals handling large transactions like Bezos.

Bezos's latest real estate dealings and his decision to sell Amazon stock open a new chapter in his life, blending personal desires with a move to Florida, known for its favorable tax laws. His relocation to Miami, bringing him closer to family and his aerospace company Blue Origin, highlights a mix of reasons for the move, including personal, professional and tax-related benefits.

While Bezos's real estate moves are out of reach for most people, getting into the real estate industry doesn't require millions.

You can find opportunities to start investing in real estate with as little as $100 through this Bezos-backed company , real estate investment trusts (REITs) or crowdfunding websites, which offer a way for individuals to invest in property and real estate projects with minimal initial capital. These options provide a way for almost anyone to get a foot in the door of the real estate market, democratizing the ability to invest in this traditionally high-barrier industry.

Collecting passive income from real estate just got a whole lot simpler. A new real estate fund backed by Jeff Bezos gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.

Whole Foods' landlord has delivered a 15% net IRR for its investors since 2015. Check out the latest investment opportunities added to its platform.

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This article Jeff Bezos Buys $90 Million Florida Mansion To Live In While His Other Newly Purchased $147 Million Homes Are 'Demolished' For A Mega Mansion originally appeared on Benzinga.com

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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5th International exhibition of boats and yachts Moscow Boat Show a Huge Success

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Written by Zuzana Bednarova

The first pavilion of Crocus Expo IEC hosted an extraordinary exposition of the 5th International exhibition of yachts and boats Moscow Boat Show. The show had been incredibly famous for five years already not only thanks to the specialists of the market segment as well as professional sportsmen but also thanks to those who consider sailing sport to be their hobby and well cherished dream.

Moscow Boat Show 2012

The organizer of the project was the Crocus Expo International Exhibition Centre. The show was supported by Aston Martin Moscow, Burevestnik Group logistics department and the Yachting specialized magazine.

The exposition space increased up to 30 000 sq m and was accommodated in all 4 exhibition halls of the fairgrounds! 280 Russian (Arkhangelsk, Vyborg, Kazan, Kaluga, Republic of Karelia, Moscow and Moscow region, Nizhny Novgorod, Novorossiysk, Novosibirsk, Rostov-on-Don, Samara, St. Petersburg, Sverdlovsk region, Sochi, Chelyabinsk, Tyumen and Yaroslavl region) and foreign ( Denmark , Germany , Holland , Greece , Spain , Italy , Cyprus , China , Latvia , Poland , USA , Turkey , Ukraine, Finland , France , Montenegro and Croatia ) companies participate in the show.

Moscow Boat Show provided the perfect platform from which to preview new products, evaluate market trends, and establish long-lasting and commercially profitable partnerships. Despite the dynamic changes taking place in Russia and the rapid growth of the yachting sector, the show continued to complement and reflect the industry’s demand and is a promotional opportunity not to be missed!

Unique exhibits were presented at the show for the first time: exposition of private submarines from U-Boat Russia company, Marquis Yachts 420 SB motor yacht from Sport Bridge S. Marine series, SAGA-415 yacht from Saga Boats Norwegian shipyard, Jetlev-Flyer from MS Watersports.

Moscow Boat Show a Great Success

More than 400 yachts were displayed within the frames of the event including the largest boats ever exhibited in Russia – the 19-meter giant motor yacht Princess 54 as well as the Princess 50 yacht from Nord Marine and Baja speed boat from Burevestnik.

Domfinland OY unveiled a luxury project from Finnish real estate: a seaside premium class hotel in Hanko named consonant with the location Merihanko.

The trade fair was traditionally opened by a Gala Opening Ceremony. Arcady Zlotnikov, First Deputy Director Crocus Expo IEC, was the first to take the floor at the official opening ceremony. He greeted warmly exhibitors, guests and visitors of Moscow Boat Show. Nikolay Krjuchek, Deputy Chief of the State Inspection on Small size Vessels (GIMS) of the Ministry for Emergency Situations of Russia, Georguiy Shaiduko, Acting President of the Russian Yachting Federation (VFPS), Olympic champion in Atlanta and Ekaterina Grishechkina, Director of exhibition Moscow Boat Show also spoke at the ceremony.

The high-ranking guests noted dynamic development of the branch which well reasoned the intensive growth of the exposition and appearance of rather unique “gems”.

A number of business meetings and negotiations were held within the frames of the project: the exhibition was visited by a large delegation of Greek businessmen for the purpose of establishment of mutually beneficial cooperation with the Russian colleagues.

More than 400 yachts on display at the Show

Russian Yachting Federation (VFPS) celebrated its 100 anniversary within the frames of Moscow Boat Show and arranged an exposition of future sailing sport museum (rare awards, gifts, articles from private collections, pictures and etc.) which had been collected since 1912.

Due to carefully chosen running dates the show was visited by more than 26 000 people. The majority of the visitors were of targeted audience – vessel owners and specialists of the branch.

The work at the next edition of the show is under way! The show will be held in March 2013. The overall exhibit space will comprise 40 000 sq m. The exhibition will impress with exclusive exhibits and the latest technological achievements.

Moscow Boat Show was not only an entertaining but at the same time a business promotional event. Participation in the trade fair was a unique opportunity to present a company and products to a distinctly selected targeted audience of industry specialists. They were well prepared to discuss business in the Russian market and even to close a deal on-site.

The show helped representatives of yachting business to get acquainted with their Russian colleagues and gradually improved national yachting market to a new level. It is obvious that for 5 years of its running the project has turned to a status event of the international exhibitions calendar.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "5th International exhibition of boats and yachts Moscow Boat Show a Huge Success ".

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