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From Russian oligarchs to tech CEOs, here's who owns 10 of the most expensive luxury yachts in the world

Rising Sun superyacht is valued at $200 million and was purchased by Oracle CEO Larry Ellison in 2004.

Dilbar, seized by German police from a Russian oligarch, is valued at $735 million.

These are 10 of the most expensive yachts in the world.

Rising Sun, valued at $200 million

Rising Sun superyacht is valued at $200 million and was purchased by Oracle CEO Larry Ellison in 2004, according to Robb Report .

Rising Sun was later purchased again by Geffen Records executive David Geffen in 2010, according to Club Yacht . Geffen also owns another yacht called Pelorus and his yachts have been frequented by celebrities like Oprah Winfrey, according to the outlet.

Aviva, valued at $250 million

Aviva, valued at $250 million is 323 feet long and was built in 2017, according to Robb Report . The boat is so large that it has a paddle tennis court that doubles as an indoor soccer field in its interior, according to the outlet.

Andreas Hering, the project manager of the shipyard where the boat was constructed, told Boat International that "in three years" to "build a big yacht around a padel tennis court was the main brief, I guess."

Octopus, valued at $200 million

Octopus, a 414-foot superyacht owned by Microsoft co-founder Paul Allen, is valued at $200 million, according to Robb Report.

The boat can accommodate 12 guests in 13 different cabins, according to Yacht Charter Fleet . The boat also has a dance floor and a movie theatre, according to the outlet.

Radiant, valued at $300 million

Radiant, a superyacht built for Russian oligarch Boris Berezovsky in 2010, is 360 feet long and worth $300 million, according to Robb Report.

The boat can accommodate up to 20 guests and 44 crew and sports a beauty salon, gym, pool, and jacuzzi, according to the outlet.

Dubai, valued at $400 million

The "Dubai" megayacht, owned by United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, is 532 feet long and is worth around $400 million, according to Architectural Digest .

Topaz, valued at $527 million

Topaz was built in Germany for the deputy prime minister of the United Arab Emirates, Sheikh Mansour bin Zayed Al Nahyan, according to Dubai realtor LuxuryProperty.

The nearly 500-foot yacht has a helicopter pad, gym, pool, and cinema hall, according to the realtor. Mansour owns Abu Dhabi United Group, which acquired Manchester United FC in 2008.

Eclipse, valued at $600 million

The 533-foot Eclipse superyacht is valued at $600 million, according to the luxury magazine Robb Report .

The Eclipse is owned by Russian oligarch Roman Abramovich, one of 16 yachts and vessels that he owns, according to Forbes .

Azzam, valued at $600 million

Azzam is the largest and one of the fastest yachts in the world, according to Architectural Digest.

The boat took around three years to build and sits at 590 feet long and can travel at a speed of 35 miles per hour, according to the outlet.

Azzam is owned by the family of Sheikh Khalifa bin Zayed bin Sultan Al Nahyan, who was the Second President of the United Arab Emirates before his death in May 2022.

Al Said, valued at $600 million

The 508-foot Al Said sits in the Lürssen shipyard in Germany and was purchased by the former Sultan of Oman, Sultan Qaboos bin Said in 2008 for $600 million, according to Robb Report.

The yacht can travel up to 25 miles per hour and has a concert hall that can accommodate a 50-person orchestra, according to the outlet.

Dilbar, valued at $735 million

Dilbar, owned by Russian oligarch Alisher Usmanov, is the largest superyacht in the world and it's valued at $735 million.

In April 2022, the yacht was impounded in Germany . German federal police said they seized the yacht after an investigation into "offshore concealment" and determined that Usmanov's sister is the owner of the yacht. The boat remains at a shipyard in Hamburg, Germany.

Read the original article on Insider

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The top 10 most expensive yachts in the world owned by Russian billionaires, royalty and more

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If you’ve been paying attention, you would have noticed our healthy obsession with yachts. From small fleets to mega and explorer yachts, we’ve covered them all. These luxury fleets are the epitome of sophistication and extravagance, proving to be the ultimate symbol of what luxury lifestyle stands fro. Fitted with cinemas, concert halls and even onboard beaches these yachts show us how to live the life of luxury, we bring to you the top 10 most expensive luxury yachts in the world.

1. Eclipse ($ 1.5 billion/ $485 million)

Owned by Russian billionaire Roman Abromavich , Eclipse is the most expensive yacht on our list. Eclipse is a monstrous 528 foot stunner and is the second largest private yacht in the world. Built by Blohm + Voss Hamburg Shipyard, this yacht does not hold back on its features. On top of two helicopter pads as well as a mini-submarine, Eclipse is equipped with a missile detection system and bulletproof windows as part of its defence mechanism. Rumour has it that it even has lasers to deter the paparazzi!

2. Azzam ($600 million)

With the title of the largest private yacht in the world, Azzam is a ship to marvel at. With a length of 590 feet, it edges out Eclipse to grab the crown. This monster was manufactured by Lürssen Yachts , and owned by Sheikh Khgalifa bin Zayed al-Nayan, President of the United Arab Emirates and Emir of Abu Dhabi . Boasting a timeless and innovative design that doesn’t curb the ferocity of this yacht, Azzam is able to reach an impressive top speed of nearly 30 knots.

3. Superyacht ‘A’ ($400 million)

Named after the initials of its Russian billionaire owner Andrey Melnichenko , ‘A’ is an A class yacht. This 394-foot superyacht is designed by Philippe Starck and has an original contemporary design. Housing a 2500 square foot master bedroom as well as six guest suites, the interiors are made versatile with moving walls. Crystal, yacht glass and mirrors drip all over the interior, with a prevalence in both the interior and furniture. All things exotic seem to be in style, with white stingray hides adorning the walls while crocodile skin furniture litter the yacht.

4. Dubai ($400 million)

At 524 feet, Dubai is the yachting equivalent of its namesake. The third largest private yacht in the world is owned by Sheikh Mohammed bin Rashid Al Maktoum, ruler of Emirate of Dubai and Prime Minister of the United Arab Emirates . The yacht comes with seven gorgeous decks, perfect for relaxing, along with a small submarine to view the marine life that live below.

5. Al Said ($300 million)

Fashioned from an aluminium base, Al Said is another superyacht stunner. Its interiors are designed by Redman Whitely Dixon, with more than enough facilities to accommodate up to 70 people — on top of a crew of 154. Perhaps the most opulent part of this yacht is its concert hall, large enough to host a 50-piece orchestra.

6. Serene ($330 million)

Billionaire Yuri Scheffler sure knows his vodka  — and his yachts. Entrusting Fincantieri to create his private yacht, the firm presented to him, “Serene”. The yacht has a combined 48,000 square feet of covered space across seven decks, featuring a fully equipped spa, cinema and even a wood fire pizza oven. Its amazing leisure and entertainment facilities will ensure that you never want to step foot off the yacht.

7.  Pelorus Yacht ($300 million)

This yacht is so extensive it is home to a collection of smaller boats on the tender deck. The Pelorus is owned by Roman Abramovich and has a length of 377 feet. Cabins in the Pelorus see distressed planking as floorboards, to create an earthy atmosphere. One of the guest suites features a movable wall, which when lowered can transform into a private veranda . It looks to be like Pelorus aims for a more informal form of luxury — a testament to true relaxation in style.

8. The Rising Sun ($300 million)

Members of the glitterati that have been seen lounging on this ship include Leonardo DiCaprio . The Rising Sun boasts 8000 square metres of living space, with 82 rooms spread out across five levels. It even has on-board basketball courts that double as helipads should the need arise.

9. Dilbar ($263 million)

A vision dressed in bronze and ivory accents, Dilbar is elegance on water. Don’t be fooled by this yacht’s graceful exterior though. Powered by a 30,000kw Diesel electric power plant, she is able to sail at speeds of 22.5 knots. Despite being surrounded by ocean, Dilbar doesn’t skimp on its indoor pool. Her 180 cubic metre pool is stated to be the largest on any yacht. In addition to her magnificent pool, Dilbar is able to carry 20 guests and 47 crew members.

10. Lady Moura ($210 million)

Get ready; this yacht has some seriously luxurious facilities . Besides having its name and escutcheon made from 24-karat gold, Lady Moura also comes with a pool with a retractable roof. But the highlight of the entire yacht is undoubtedly its extendable beach. The sand bar slides out from beneath the boat’s hull and can be adjusted to sit just at the waterline. If that doesn’t awe you enough, the onboard beach comes with palm trees to create the perfect oasis.

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The Most Expensive Yachts in the World

A version of this article originally appeared in Architectural Digest .

Though superyachts are already among the most costly consumer items available, the prices of the most expensive yachts in the world are still astounding. In recent decades, those with money to burn have settled on these floating palaces as an ideal locus for demonstrating their prosperity, and, as such, the global luxury yacht industry is undergoing a golden age. The world’s überwealthy think of their motor yachts as toys, and they’re constantly trying to outdo each other in scale, design, amenities, materials, and sheer profligacy.

Knowing this, what features does it take to own one of the most expensive yachts in existence? And how much do these opulent vessels actually cost? To that end, AD has compiled a list of the five priciest superyachts currently out on the water. As with many things connected to the very wealthy, details are shrouded in secrecy—often intentionally—to shield the assets from taxation or seizure, or to protect privacy.

Below, dive into the five reportedly most expensive yachts in the world.

5. Dubai ($400 million)

This 531-foot yacht is reportedly owned by United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai. Though it was originally planned for another Middle Eastern potentate, Prince Jefri Bolkiah of Brunei, he suddenly voided the contract in 2001. With exteriors designed by Andrew Winch and interiors by Platinum Yachts, this German-built Blohm + Voss vessel features several Jacuzzis, a pool inlaid with handmade mosaic tiles that is reportedly large enough to hold 115 people, a circular staircase, a discotheque with an appropriately sized dance floor, squash courts, a movie theater, a dining room for 90 guests (the other 25 presumably have to eat in the pool?), a helipad, and a submarine.

4. Topaz ($527 million)

Resembling a stealth bomber, this 483-foot ship is reportedly owned by Russian fertilizer and coal oligarch Andrey Melnichenko. With exteriors by Tim Heywood Design Ltd. and interior designs by Terence Disdale Design, this German-built Lürssen Yacht features a 2,500-square-foot primary bedroom, six guest suites (with moveable walls so they can be transformed into four grand staterooms), glassware and tableware fashioned from French crystal, a helicopter hangar, a 30-foot speedboat tender, and three swimming pools, including one with a glass-bottom dangling menacingly above a disco.

3. Azzam ($600 million)

This 590-foot ship is currently thought to be the largest private yacht in the world and one of the fastest, with a top speed of 35 miles per hour. To achieve this immense scale and speed, it required a pair of gas turbines and two stratospherically potent diesel engines, rendering it very difficult to build. It is reportedly owned by a member of the royal family of the UAE, Sheikh Khalifa bin Zayed Al Nahyan. With exteriors by Nauta Yacht and interiors by French decorator Cristophe Leoni, this yacht was also built by Lürssen in Germany. The vessel is set apart by its early 19th-century Empire-style veneered furniture, as well as its state-of-the-art security systems, including a fully bulletproof primary suite and a high-tech missile deterrence capabilities.

2. Eclipse ($1.5 billion)

In addition to being the second-costliest, this 533-footer is thought to be the world’s second-largest private yacht. Owned by Russian billionaire Roman Abramovich , the ship was claimed to be located in Turkey and may be impounded as part of the United Kingdom’s sanctions against Russia. Designed by Terry Disdale and built by Blohm + Voss, it features two-dozen guest cabins, two swimming pools, two helipads, and multiple hot tubs. For privacy and security reasons, it hosts a missile detection system, bulletproof windows in the primary bedroom and on the bridge, an anti-paparazzi shield, and, when all of that fails, a mini-submarine that can take a few VIPs 164 feet under the ocean’s surface.

1. History Supreme ($4.8 billion)

History Supreme has never actually been seen in a major port, and rumors suggest that the yacht may not be real and instead just a publicity stunt. Reportedly owned by Malaysia’s richest man, Robert Kuok, and designed by Stuart Hughes in the UK, the yacht is only a paltry 100 feet long. Its worth is said to be derived from its lavish finishes, including a statue constructed from genuine Tyrannosaurus rex bones, a liquor bottle embedded with an 18.5-carat diamond, and a primary bedroom with one wall made from meteorite and another from a 24-karat gold Aquavista Panoramic Wall Aquarium. If you see it somewhere, let us know.

Frequently Asked Questions

How much is Jeff Bezos’s yacht?

This is why people like Amazon founder Jeff Bezos work to keep their yachts out of the public eye. Though we are not including Jeff Bezos’s yacht, Koru (Maori for “coil”), in this list because it is a sailing yacht and thus excluded from the realm of these motor yachts, it created controversy in the Netherlands when its presence became known. Jeff Bezos’s abided the $500 million price tag of Oceanco, the Dutch custom yacht builder, to create the 417-foot megayacht. But when the company, at Bezos’s behest, requested that a local bridge be dismantled to make way for its gigantic mast on its journey from the shipyard, public sentiment turned against the cento-billionaire, and Oceano shelved its request. Maybe a port like Monaco would be more accommodating?

Who owns the largest private yacht?

Also not on this list is the world’s largest private yacht, reportedly owned by Alisher Usmanov. Though size and cost typically scale in the world of superyachts, this is not always the case (see #1 in this list.) Also, Somnio, the 728-feet dream-monikered yacht liner that tops our list of the world’s largest private yachts , isn’t quite done being constructed. And it is not, like most of the largest superyachts, privately owned by one individual or family—it’s a kind of floating condo, with 39 eight-figure homes available to potential owners solely by invitation.

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The National

16 superyachts owned by Russian oligarchs

Western sanctions over moscow's invasion of ukraine led to many luxury vessels being detained in europe.

23 March, 2022

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The 15 Most Expensive Yachts in the World

These dream machines show what's possible when money is no object., rachel cormack.

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As superyachts continue to get bigger and more extravagant than ever before, so too do the accompanying price tags. According to the Boats Group’s market index, the average cost of a yacht above 80 feet in the US last year was $5.3 million. As you’ll see below, though, there are a handful of high-end vessels that blow that figure out of the water.

Although it’s difficult to get exact prices in what is a fiercely secretive industry, sales of luxury yachts have surged amid the pandemic and the ultra-wealthy are more willing than ever to fork out for ostentatious ocean goers. Case in point: Billionaire Amazon founder Jeff Bezos reportedly parted with $485 million for his Oceanco megayacht that’s currently in build.

Believe it or not, that’s quite a modest price compared to at least half of the entries on this list. Lürssen’s Dilbar , for instance, is rumored to have cost in the ballpark of $800 million. As alluded to, the shipyards behind these lavish, nine-figure designs seldom share details regarding ownership or price. Therefore, the amounts cited here are estimates pulled together from Wikipedia and other reliable sources. Still, the 15 vessels here give you a good idea of what’s possible when money is no object and the best builders in the business are at your whim.

Lürssen: ‘Dilbar’ — $800 Million

Delivered in 2016, Lürssen’s Dilbar is the largest motor yacht in the world by gross tonnage. It’s also the most expensive with an original price tag in the ballpark of $800 million. Weighing in at 15,917 tons, the monolithic 512-footer is one of the most complex and challenging vessels the German yard has ever built. Penned by Espen Øino, Dilbar features a classic profile and a light ivory hull with bronze accents. Onboard, meanwhile, the elegant interiors were brought to life by Winch Design and outfitted with only the best luxury materials. The pièce de résistance is, of course, the 82-foot swimming pool. Lürssen says it is the largest pool ever to have been installed on a yacht. Seafarers also have access to 41,000 square feet of saloons, staterooms, spas and cinemas to explore. German authorities impounded Dilbar earlier this year after establishing it was linked to a Russian billionaire. According to the US Treasury Department, the yacht is now worth between $600 million and $700 million, with annual maintenance costs of about $60 million.

Blohm+Voss: ‘Eclipse’ — $600 Million

The epic 533-foot Blohm+Voss superyacht Eclipse took half a decade to come to fruition before it was finally delivered to Russian billionaire Roman Abramovich in 2010. At that time, it was the largest yacht in the world and certainly one of the most expensive. It has now been 20-odd years and Eclipse still sits at the top of both lists and is estimated to be worth over $600 million. Designed inside and out by Terence Disdale, the vessel is equipped with 17 staterooms, a 185-foot-long owner’s deck with a palatial owner’s suite, a giant swimming pool that doubles as a dance floor, a gym, a beach club and a spa. Other highlights include a helicopter hangar with space for three choppers and a garage that can hold six tenders. On top of that, Eclipse has a top-end speed of 21 knots, with a range of 6,000 nautical miles.

Lürssen: ‘Azzam’ — $600 Million

Lürssen has proven itself adept at delivering sizable (and expensive) vessels. In fact, the German yard is behind the world’s longest superyacht, which reportedly set one private owner back more than $600 million. Delivered in 2013, Azzam measures just shy of 593 feet and offers a volume of 13,136 GT. Penned by Nauta Yacht, the yacht’s exterior is characterized by a long, sleek forward area and a series of tiers ascending to the skydeck. The interior, meanwhile, was brought to life by Christophe Leoni and showcases luxurious decor inspired by the Empire style of the early 19th century. Azzam is no slouch on the high seas, either, with a top speed of more than 30 knots. Astonishingly, the behemoth only took three years to build after one year of engineering. Azzam also underwent a refit in 2020 that likely resulted in a few more dollars being spent on her.

Lürssen: ‘Al Said’ — $600 Million

Another nine-figure Lürssen megayacht on the list is Al Saïd . Delivered in 2008, the 508-footer reportedly set the Sultan of Oman roughly $600 million and, well, you can tell. Designed by Espen Øino, Al Saïd ’s exterior is reminiscent of a classic cruise liner with the twin-exhaust stacks in the center of the superstructure. Sporting a steel hull and lightweight aluminum superstructure, the yacht is capable of 25 knots flat out, with a cruising speed of 22 knots. Inside, meanwhile, the contemporary interior was penned by Redman Whiteley Dixon. Highlights include a concert hall that can hold a 50-piece orchestra.

Lürssen: ‘A+’ (Topaz) — $527 Million

Lürssen megayacht A+ , previously known as Topaz , reportedly cost approximately $527 million (€400 million) to come to fruition. It is the fourth-largest yacht ever built by the German shipyard and was launched back in 2012. It’s rumored that Sheikh Mansour bin Zayed al Nahyan, the deputy prime minister of the UAE and owner of Manchester City Football Club, took delivery of the vessel and is the current owner. A+ ’s exterior was penned by Tim Heywood Designs, while her interior was brought to life by Terence Disdale. She is equipped with cabins for 62 guests and 72 crew, as well as two helipads, a pool and a large swim platform. What more do you need?

Fincantieri: ‘Serene’ — $444 Million

Fincantieri’s first superyacht turned out to be big in terms of both proportions and price. The 439-footer was the largest yacht ever launched in Italy when it hit the water in 2011 and cost approximately $444 million (€450 million) to complete. Designed by Espen Øino, the seven-deck vessel is characterized by a sleek blue hull, a contrasting white superstructure and a ton of racy curves. She’s brimming with amenities, too, including an enclosed winter garden for dining in any season, a tender garage large enough to house a submarine and a supersized swimming pool for soaking. She also has two helipads and a hangar to facilitate comings and goings. Although the details of Serene ’s interior remain tightly under wraps, we do know Pascale Reymond of Reymond Langton Design penned the 43,056-square-foot living quarters.

Platinum Yachts: ‘Dubai’ — $400 Million

Dubai was, quite literally, built for royalty at a princely fee of roughly $400 million. The superyacht was originally commissioned by Prince Jefri Bolkiah of Brunei as a joint project between Blohm+Voss and Lürssen. The duo only got to finish the bare hull and skeletal superstructure before construction was halted in 1998. The incomplete design was then sold to the government of Dubai and turned into a royal yacht for the country’s ruler. The 532-footer, which was finished off by Platinum Yachts, was delivered to Sheikh Mohammed bin Rashid Al Maktoum in 2006. Penned by Winch Design, Dubai spans seven decks and can sleep 24 guests and 88 crew. Befitting a sheikh, she is also equipped with a landing pad for a Black Hawk helicopter, a submarine garage, a disco and a cinema.

Blohm+Voss : ‘Motor Yacht A’ — $300 Million

Legend has it that architect Philippe Starck sketched the design for Motor Yacht A on a napkin in a matter of minutes. Blohm + Voss then sold the superyacht for approximately $300 million. Commissioned by Russian industrialist Andrey Melnichenko, the 390-footer is characterized by a minimalist exterior and a highly distinctive pelican bow that cuts a striking silhouette. With a beam of 62 feet, the vessel offers a generous interior volume of 5,500 GT. She offers accommodation for 14 guests and 42 crew. She also has no less than three swimming pools, one of which has a glass bottom that creates a wow factor on the deck below. Melnichenko kept  Motor Yacht A for nearly a decade before replacing it with Nobiskrug’s Sailing Yacht A . The 468-footer is not only the largest sailing yacht in the world, but also the most expensive with an estimated value of $578 million .

Lürssen: ‘Radiant’ — $300 Million

The tale behind Radiant ’s price tag is almost as long as the 360-footer itself. Rumor has it, the superyacht was built for Russian tycoon Boris Berezovsky at a cost of roughly $149 million (€148.5 million). After Berezovsky ran into financial difficulties, he asked Edmiston to list the vessel for $352 million (€350 million) and it eventually sold for a hair under that. Delivered in 2010, Radiant sports a steel hull, an aluminum superstructure and gorgeous teak decking. She can comfortably accommodate up to 20 guests in 10 suites, as well as up to 44 crew. Her top-tier amenities include a movie theatre, a beauty salon, a beach club, a gym, a pool, a Jacuzzi, a helipad and a fully stocked tender garage. Certainly sounds worthy of $300 million to us.

Lürssen: ‘Pelorus’ — $300 Million

In the late ‘90s, Saudi Arabian businessman Abdulmohsen Abdulmalik Al-Sheikh commissioned Lürssen to create Pelorus . The 377-footer hit the seas in 2003 and was the 11th-largest yacht in the world at the time. During her maiden voyage, Pelorus was sold to Roman Abramovich. The Russian entrepreneur had it altered by Blohm & Voss, adding a second helipad and other lavish amenities. Fast forward to 2009, Irina Abramovich received the yacht as part of her divorce settlement from Roman. She sold it to David Geffen in 2011 via broker Merle Wood for $300 million. Pelorus features a sleek exterior designed by Tim Heywood and a beachy chic interior penned by Terence Disdale. She has several terraces with doors that open out to the sea to create a true indoor/outdoor feel.

Peters Werft: ‘Al Mirqab’ — $300 Million

The 436-foot Al Mirqab is one of the largest yachts in the world and has a price tag to match. Launched in 2008, the $300 million vessel was built for Qatar’s former prime minister under the supervision of Kusch Yachts in the Peters Werft shipyard in Germany. Penned by Tim Heywood, the elegant exterior pairs a long, navy-blue hull with a contrasting white superstructure. The interior, meanwhile, was brought to life by Andrew Winch and has won several awards. Arguably, the most striking feature is the Arabic-influenced motifs on the marble floors. Another highlight is the swimming pool on the lower deck, which can be opened up to the sea via side hatches in the hull. Al Mirqab has staterooms for 36, and crew quarters for 45. She was also treated to a refit in 2014 and thus looks fresher than your average 14-year-old vessel.

Abeking & Rasmussen: ‘Aviva’ — $250 Million

Abeking & Rasmussen’s Aviva shows what kind of lavish amenities you can get with $250 million. The 323-footer, which was delivered in 2017, features the largest gym on any yacht. It’s so big, in fact, that it houses a full-size paddle tennis court that pulls double duty as a soccer field when the nets are down. Penned by Toby Silverton and Reymond Langton Design, Aviva pairs a curvacious blue exterior with a chic modern interior. She is equipped with a hybrid propulsion system that enables her to reach up to 11 knots using only electric motors or 20 knots with the addition of diesel power. The yacht is reportedly the sequel to another smaller Aviva that was delivered to British billionaire Joe Lewis in 2007. The yacht was launched just 33 months after the signing of the contract, which is quite an impressive feat given the complexity and scope of the project.

Lürssen: ‘Octopus’ — $200 Million 

Launched in 2003 at a cost of approximately $200 million, Octopus was built by Lürssen for late Microsoft co-founder Paul Allen. The 414-footer is regularly loaned out for expeditions and scientific research initiatives. A true explorer, it features a dive center with a hyperbaric chamber, a yellow submarine named Pagoo and a remotely operated vehicle that can dive thousands of feet below the surface. Of course, this is complemented by state-of-the-art research technology. In addition, Octopus features two helipads, a hangar and seven tenders to facilitate comings and goings. She is also equipped with 13 staterooms, several bars, a recording studio, a cinema, a spa, a gym, a library and a basketball court. (You might remember Allen once owned the Portland Trail Blazers.) What’s more, Octopus appears to be climbing in price as time goes on. In 2019, the vessel was listed for sale for a cool $325 million .

Lürssen: ‘Rising Sun’ — $200 Million

Rising Sun was designed by one of the brightest minds in the industry: the late, legendary Jon Bannenberg. In fact, it was the last yacht the Australian designer penned before he died in 2002. The $200 million vessel was built by Lürssen and delivered to Oracle CEO Larry Ellison two years later in 2004. The 138-footer is characterized by large expanses of glass that let in plenty of the sun’s rays. In addition, it offers 86,000 square feet of living space brought to life by Seccombe Design. There are nine cabins for up to 18 guests and generous crew quarters for up to 46 crew. Elsewhere, you’ll find a gym, a cinema, a wine cellar and a basketball court. As for grunt, Rising Sun promises a maximum speed of 28 knots and a cruising speed of 26 knots. She was last refitted in 2011 and is currently owned by billionaire David Geffen.

Lürssen: ‘Solandge’ — $150 Million

Lürssen’s Solandge is rumored to have cost $150 million to come to fruition, and you can tell. Delivered in 2013, the 279-footer is replete with the finest materials. The floor, for example, sports no less than 50 types of exotic wood. There are also around 50 samples of natural stone in the bathrooms. Designed by Espen Øino, Solandge has a sleek exterior with elegant, clean lines. Aileen Rodriguez’s interior, meanwhile, is full to the brim with extravagant amenities. The spa comprises multiple pools on different decks, along with a hammam and a sauna. In addition, the yacht features a beauty salon is equipped with a sink and crane that together creates “snow” à la a snow room, as well as a gym and a massage room. As Lürssen puts it, Solandge was built with pure yachting pleasure in mind.

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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The World’s Most Expensive Superyachts And Their Owners

[dropcap]T[/dropcap]The World’s Most Expensive Superyachts And Their Owners. The top 10 list of the world’s most expensive superyachts and the names of the billionaires who own them.

Valued at US$1 billion,  Eclipse  owned by Russian businessman Roman Abramovich tops the Wealth-X list. The 536-foot-long yacht was launched in 2010 – and until last year had the distinction of being the world’s longest superyacht.

Landing in third spot on the Wealth-X list is Topaz, the 482-foot-long yacht valued at US$520 million and owned by Mansour bin Zayed Al Nahyan, who is another member of the Abu Dhabi royal family. Launched in 2012,  Topaz  was built in the same shipyard as Azzam in Bremen, Germany by Lürssen Yachts.

Here are the first five most expensive yachts in the world and their owners:

The top 10 list:

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The World's Most Expensive Yachts (And The Billionaires Who Own Them)

10. al mirqab is worth $250 million..

9. Pelorus is worth $300 million (tie).

Initially built for a Saudi businessman, Russian billionaire bought the megayacht Pelorus in 2004. His ex-wife received the ship in their divorce settlement, and Hollywood movie mogul David Geffen bought Pelorus for $300 million in 2011.

The 115-meter yacht has two helipads and a garage full of toys, including jet skis.

9. Al Said is worth $300 million (tie).

Al Said was built for Qaboos bin Said Al Said, the billionaire Sultan of Oman. The massive, 155-meter yacht has space for 70 guests and 154 crew.

It has a helicopter landing pad, elevator, and concert space that can accomodate a 50-piece orchestra.

8. Dubai is worth $300 million (tie).

At 162 meters, Dubai is one of the largest yachts in the world. It was commissioned by Prince Jefri Bolkiah of Brunei, but put on hold for a decade before being acquired by Sheikh Mohammed Rashid al-Maktoum, the Emir of Dubai.

Dubai can accomodate 115 guests and crew , and has seven decks, a swimming pool, a squash room, helicopter pad, and even a small submarine.

6. Radiant is worth $320 million.

Originally commissioned by Russian oligarch Boris Berezovsky, this 360-foot yacht was sold to Abdulla Al Futtaim, a billionaire car dealer from the United Arab Emirates. Radiant's amenities put a James Bond twist on the typical superyacht experience.

It's equipped with sonic guns that would burst the eardrums of attackers, along with water cannons that could sink an approaching boat from 100 yards away. There's even a smaller speedboat designed specifically for a quick escape. Radiant has a jacuzzi, gym, and garage for tenders, as well as space for 20 guests.

5. Serene is worth $330 million.

Russian vodka distributor Yuri Scheffler owns this 440-foot yacht, which has turquoise neon lights that give it a nighttime glow.

It has a combined 48,000 square feet of covered space on its seven decks, including indoor and outdoor pools, 12 staterooms, and an outdoor screening room. Scheffler purchased the Italian-designed yacht for $330 million in 2011.

4. A is worth $390 million.

This elegant, Philippe Starck-designed superyacht belongs to Russian oligarch Andrey Melnichenko. Among its luxurious amenities are bath faucets worth $40,000, staircase banisters worth $60,000, and a bed that rotates with the touch of a button, allowing for perfect views of the sunrise and sunset.

A has had its fair share of controversies, however, as the Melnichenkos sued Dutch paint corporation Akzo Nobel, claiming the yacht's paint is not as reflective as they had requested.

3. Topaz is worth $520 million.

The 147-meter Topaz was built in 2012 by Lurssen Yachts. It cost an estimated $527 million to build, and has a jacuzzi, helicopter landing pad, garage for tenders, fitness center, and movie theater.

Topaz is owned by Mansour Bin Zayed Al Nahyan, the Deputy Prime Minister of the United Arab Emirates, who is worth around $8.7 billion, according to Wealth-X.

2. Azzam is worth $600 million.

Azzam is a staggering 590 feet long (longer than some commercial cruise ships) and owned by Sheikh Khalifa bin Zayed al-Nahyan, president of the United Arab Emirates.

It took German shipbuilders Lürssen Yachts four years to build this behemoth of a ship, which is rumored to have up to 50 private suites. According to Wealth-X, the $627 million purchase was only about 3.5% of Sheikh Khalif's net worth of $18 billion.

1. Eclipse is worth $1 billion.

Russian oligarch Roman Abramovich purchased the 536-foot-long Eclipse in 2010, when it still held the title for world's largest yacht.

Eclipse has two helipads , a disco, cinema, hair salon, and restaurant, plus it's rumored to have a laser defense system against paparazzi trying to photograph high-profile guests.

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10 of the most impressive superyachts owned by billionaires

From a sailing yacht owned by a russian billionaire industrialist to the luxury launch of the patek philippe ceo, here are the best billionaire-owned boats on the water….

There’s something about billionaires and big boats . Whether they’re superyachts or megayachts, men with money love to splash out on these sizeable sea-going giants. And that all began in 1954 — with the big dreams of Greek shipping magnate Aristotle Onassis.

Onassis, keen to keep his luxury lifestyle afloat when at sea, bought Canadian anti-submarine frigate HMCS Stormont after World War II. He spent millions turning it into an opulent super yacht, named it after his daughter — and the Christina O kicked off a trend among tycoons. To this day, the world’s richest men remain locked in an arms race to build the biggest, fastest, most impressive superyacht of all. Here are 10 of our favourites…

Eclipse, owned by Roman Abramovich

Built by: Blohm+Voss of Hamburg, with interiors and exteriors designed by Terence Disdale. Launched in 2009, it cost $500 million (the equivalent of £623 million today).

Owned by: Russian businessman Roman Abramovich, the owner of private investment company Millhouse LLC and owner of Chelsea Football Club. His current net worth is $17.4 billion.

Key features: 162.5 metres in length / 9 decks / Top speed of 22 knots / Two swimming pools / Disco hall / Mini submarine / 2 helicopter pads / 24 guest cabins

Sailing Yacht A, owned by Andrey Melnichenko

Built by: Nobiskrug, a shipyard on the Eider River in Germany. The original idea came from Jacques Garcia, with interiors designed by Philippe Starck and a reported price tag of over $400 million.

Owned by: Russian billionaire industrialist Andrey Melnichenko, the main beneficiary of both the fertiliser producing EuroChem Group and the coal energy company SUEK. Though his current net worth is $18.7 billion, Sailing Yacht A was seized in Trieste on 12 March 2022 due to the EU’s sanctions on Russian businessmen.

Key features: 119 metres in length / 8 decks / Top speed of 21 knots / Freestanding carbon-fibre rotating masts / Underwater observation pod / 14 guests

Symphony, owned by Bernard Arnault

Built by: Feadship, the fabled shipyard headquartered in Haarlem in The Netherlands. With an exterior designed by Tim Heywood, it reportedly cost around $150 million to construct.

Owned by: French billionaire businessman and art collector Bernard Arnault. Chairman and chief executive of LVMH, the world’s largest luxury goods company, his current net worth is $145.8 billion.

Key features: 101.5 metres in length / 6 decks / Top speed of 22 knots / 6-metre glass-bottom swimming pool / Outdoor cinema / Sundeck Jacuzzi / 8 guest cabins

Faith, owned by Michael Latifi

Built by: Similarly to Symphony above, also Feadship. With exteriors designed by Beaulieu-based RWD, and interiors by Chahan Design, it cost a reported $200 million to construct in 2017.

Owned by: Until recently, Canadian billionaire and part-owner of the Aston Martin Formula 1 Team , Lawrence Stroll. Recently sold to Michael Latifi, father of F1 star Nicholas , a fellow Canadian businessman with a net worth of just under $2 billion.

Key features: 97 metres in length / 9 guest cabins / Glass-bottom swimming pool — with bar / Bell 429 helicopter

Amevi, owned by Lakshmi Mittal

Built by: The Oceanco shipyard, also in The Netherlands. With exterior design by Nuvolari & Lenard and interior design by Alberto Pinto, it launched in 2007 (and cost around $125 million to construct).

Owned by: Indian steel magnate Lakshmi Mittal, chairman and CEO of Arcelor Mittal, the world’s largest steelmaking company. He owns 20% of Queen Park Rangers, and has a net worth of $18 billion.

Key features: 80 metres in length / 6 decks / Top speed of 18.5 knots / On-deck Jacuzzi / Helipad / Swimming Pool / Tender Garage / 8 guest cabins

Odessa II, owned by Len Blavatnik

Built by: Nobiskrug, the same German shipyard that built Sailing Yacht A . Both interior and exterior were created by Focus Yacht Design, and the yacht was launched in 2013 with a cost of $80 million.

Owned by: British businessman Sir Leonard Blavatnik. Founder of Access Industries — a multinational industrial group with current holdings in Warner Music Group, Spotify and the Grand-Hôtel du Cap-Ferrat — he is worth $39.9 billion.

Key features: 74 metres in length / 6 guest cabins / Top speed of 18 knots / Intimate beach club / Baby grand piano / Private master cabhin terrace / Outdoor cinema

Nautilus, owned by Thierry Stern

Built by: Italian shipyard Perini Navi in 2014. With interiors by Rémi Tessier and exterior design by Philippe Briand, Nautilus was estimated to cost around $90 million to construct.

Owned by: Patek Philippe CEO Thierry Stern. Alongside his Gulstream G650 private jet, Nautilus — named for the famous sports watch — is his most costly mode of transport. His current net worth is $3 billion.

Key features: 73 metres in length / 7 guest cabins / Top speed of 16.5 knots / Dedicated wellness deck / 3.5 metre resistance pool / Underfloor heating / Jet Skis

Silver Angel, owned by Richard Caring

Built by: Luxury Italian boatbuilder Benetti. Launched in 2009, the yacht’s interior has been designed by Argent Design and her exterior styling is by Stefano Natucci.

Owned by: Richard Caring, British businessman and multi-millionaire (his wealth peaked at £1.05 billion, so he still makes the cut). Chairman of Caprice Holdings, he owns The Ivy restaurants.

Key features: 64.5 metres in length / Cruising speed of 15 knots / 7 guest cabins / Lalique decor / 5 decks / Oval Jacuzzi pool / Sun deck bar / Aft deck dining table

Lady Beatrice, owned by Frederick Barclay

Built by: Feadship and Royal Van Lent in 1993. Exteriors were created by De Voogt Naval Architects, with interiors by Bannenberg Designs. She cost the equivalent of £63 million to build.

Owned by: Sir David Barclay and his late brother Sir Frederick. The ‘Barclay Brothers’ had joint business pursuits including The Spectator , The Telegraph and delivery company Yodel. Current net worth: £7 billion.

Key features: 60 metres in length / 18 knots maximum speed / Monaco home port / Named for the brothers’ mother, Beatrice Cecelia Taylor / 8 guest cabins

Space, owned by Laurence Graff

Built by: Space was the first in Feadship’s F45 Vantage series , styled by Sinot Exclusive Yacht Design and launched in 2007. She cost a reported $25 million to construct.

Owned by: Laurence Graff, English jeweller and billionaire businessman. As the founder of Graff Diamonds, he has a global business presence and a current net worth of $6.26 billion.

Key features: 45 metres in length / Top speed of 16 knots / Al fresco dining area / Sun deck Jacuzzi / Breakfast bar / Swimming platform / Steam room

Want more yachts? Here’s the handcradfted, homegrown history of Princess…

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Saudi prince MBS bought this $400 million megayacht from a Russian Oligarch and immediately kicked him out. The 439 feet long vessel has two helipads, a submarine, and a nightclub. The royal has also hung a $450M painting in it.

For the longest time, the whereabouts of this Leonardo Da Vinci masterpiece were a mystery. According to Al Jazeera , Mohammed bin Salman reportedly brought the painting and hung it on a cabin wall on the superyacht Serene. Both purchases together amount to over $1 billion. The painting meant to grace the Louvre Museum in Abu Dhabi never showed up at the scheduled events. This left people perplexed and wondering about the whereabouts of the expensive painting. All except one!

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To show the Qataris who is the boss, Saudi Crown Prince MBS is building a 45,000-seat stadium perched on a 200-meter cliff for the 2034 FIFA World Cup. The ultra-modern arena will boast a retractable roof, pitch, and a colossal LED wall, setting a new standard in stadium design.

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Following his joining the Al Nassr club, Cristiano Ronaldo and his family were whisked to Saudi Arabia in an extravagant private jet featuring a massive double bed, plush leather seats, and refined interiors

World’s largest inflatable superyacht waterslide is the first s-shaped slide

Meet Bill Gates’ youngest daughter Phoebe. Modestly raised by Melinda, the glamourous ballerina lives in a $125 million lakefront mansion, loves art, and is a bookworm like her father.

This plush 355 feet long megayacht concept is a floating palace for a billionaire to throw the most memorable parties – The eco-friendly vessel has a 66-ft long infinity pool, a private beach, a grand hall for concerts, and even a garden with trees and grass to relax

After Bill Gates and Warren Buffett, a Chinese billionaire to donate his entire fortune

Jeff Bezos, the world’s third-richest man, left diners open-mouthed at a Miami hotspot as he walked in with Lauren Sanchez and ordered wine by the glass while being seated with other guests.

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The U.S. seized Russian oligarchs' superyachts. Now, American taxpayers pay the price

Ayesha Rascoe

Ayesha Rascoe speaks with Stephanie Baker, senior writer at Bloomberg News, about the complications involved in seizing and maintaining superyachts owned by sanctioned Russian billionaires.

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22 Most Expensive Yachts in the World and Who Owns Them

Yachts are luxury items that only the wealthy can afford. But how expensive are the most expensive yachts in the world? $500,000? A million? Well, think hundreds of millions to a whopping $4 billion! And, to match the jaw-dropping price tag, these superyachts have extravagant features and amenities like a helipad and even a submarine.

This guide will explore the most lavish and expensive yachts, their worth, and who currently owns them.

22. Ecstasea 

Owner:  Alshair Fiyaz, Pakistani investor and billionaire Price:  $120 million

 Do you feel the need for speed? The Ecstasea is one of the fastest superyachts in existence. Despite its massive 282-foot length, it can blast through the water with 43,000 horsepower or 35 knots. Inside, however, it’s designed for maximum relaxation, offering amenities like massage rooms and cocktail bars with a beach house theme.

21. Lady Moura

Owner:  Ricardo Salinas Pliego, Mexican business mogul Price:  $125 million

One look at the 24-karat gold-plated name sign, and you’ll know that Lady Moura is special. It boasts a pool, helipad, fitness center, movie theater, and business suite. There’s even a disco floor with a DJ room when the passengers are feeling funky! It was commissioned for a Saudi business mogul but wound up in the hands of a Mexican business leader in later years.

20. Solandge

Owner:  Muqrin bin Abdulaziz, former Crown Prince of Saudi Arabia Price:  $150 million

It’s hard to get more luxurious than the Solandge, one of the most expensive yachts in the world. Between the sauna, gym, bar, movie theater, and steam room, passengers can live like royalty… which is right on brand considering its owner, former Crown Prince of Saudi Arabia Muqrin bin Abdulaziz. Even its pool is designed to the nines with a glass bottom for ocean viewing.

19. Lionheart

Owner:  Sir Philip Green, British retail mogul Price:  $150 million

The sleek and stylish Lionhart is a yacht that sits among Sir Philip’s many other yachts in Monaco – he’s made a collection of them! However, the Lionheart stands out as a crown jewel for its opulent luxury and sophisticated technology. You might not expect a huge superyacht to be fast, but the Lionheart can reach a top cruising speed of 15 knots!

18. ARTEFACT

Owner:  Mike Lazaridis, founder of Blackberry Price:  $150 million

The ARTEFACT is owned by Blackberry founder Mike Lazaridis, and fittingly, it’s decked out with all the latest in superyacht tech. Not only does it boast amenities like surround-sound movie theaters, but it’s also very environmentally conscious. It’s equipped with solar panels, a wastewater recycling unit, and a battery storage system that lessens the strain on its internal combustion engines. Folks in the industry consider the ARTEFACT one of the world’s most innovative and groundbreaking yacht designs.

17. Octopus

Owner: Unnamed buyer Price: $200 million

We’re starting off our list of the most expensive yachts in the world with the 126.2m or 414-foot motor yacht known as Octopus. And, as expected from a vessel this size, it boasts out-of-this-world amenities and luxuries, including not one but two helipads!

Jonathan Quinn Barnett, a famous architect, penned the interiors, while Espen Oeino International designed the exteriors. German shipbuilding conglomerate Lürssen built the yacht. In 2019, Blohm+Voss  refitted the superyacht and tweaked the original 2003 design in preparation for the charter market. And, yes, that means you can rent the Octopus for $2,200,000 per week.

The late Microsoft co-founder and billionaire Paul Allen commissioned and owned the Octopus. A year after Allen’s death, the Octopus went on sale. The new owners are, unfortunately, unknown.

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16. Rising Sun

Owner: David Geffen, a media mogul Price: $200 million

The Rising Sun is also a Lürssen-built yacht. The 138.01m yacht has 82 rooms, over five floors, a wine cellar, a basketball court, and a movie theater. In addition to being one of the most expensive yachts, it is also one of the  largest superyachts in the world .

Fun fact: David Geffen and Larry Ellison, a co-founder of Oracle, previously co-owned the Rising Sun. In 2010, Ellison sold his half to Geffen.

Owner:  Joe Lewis, billionaire investor Price:  $250 million

With a steel hull design and hybrid engine system, the Aviva is a marvel among those who know a thing or two about yachts. It’s renowned for its functionality on the water. It’s also a place of fun: There are game rooms, art rooms, bistros, VIP suites, and a full-size padel tennis court. Joe Lewis actually built the yacht around the padel court, making it the heart of the entire vessel.

14. Al Mirqab

Owner: Sheikh Hamad bin Jassim bin Jaber Al-Thani, Qatar’s former prime minister Price: $250 million

Peterswerft – Kusch built the Al Mirqab in 2008. This superyacht has a 133m length overall (LOA), and as expected from its size, it can accommodate 60 guests and 60 crews. It is famous for its impressively large wellness spa, underwater viewing room, and more.

Owner: Alisher Usmanov, a Russian oligarch Price: $256 million

The Russian-owned superyacht is a design by Lürssen Yachts. Apart from being one of the most expensive yachts in the world, it is one of the largest, with a height of over 50 feet and 360 feet in length. Dilbar can accommodate 48 cabin crew members and 20 guests. It also has several swimming pools and one helipad.

Owner: Mohammed Bin Salman, Crown Prince of Saudi Arabia Price: $330 million

Italian shipbuilder Fincantieri built the Serene in 2011. This superyacht boasts eight diesel-electric MTU 2,828hp engines, which propels the vessel to a maximum speed of 25 knots. In terms of amenities, the Serene doesn’t disappoint.

It has an underwater viewing room, two helipads, a submarine, and multiple swimming pools. However, the helipad can be converted into a pool or a dance floor. It can accommodate up to 24 guests and 52 cabin crew. Additionally, it features an outdoor movie hall, a steam room, a Hamman beauty center, a pool with seawater, and a showroom, among many other luxurious facilities.

11. Pelorus 

Owner:  Samuel Tak Lee, Hong Kong property billionaire Price:  $350 million

Pelorus means “vast” in Greek, which is fitting for a 377-foot superyacht decked out with everything from grand pianos to helicopter pads. It’s so large that it requires a full-time, year-round crew of almost 50 people! It also has an impressive pedigree, with many billionaire owners buying and selling it over the years. It’s lived in Germany, Saudi Arabia, Russia, the United States, and more. Today, it’s owned by Chinese real estate mogul Samuel Tak Lee. 

10. Al Said

Owner: A member of the royal family of Oman Price: $300 million

This is the world’s highest displacement superyacht featuring a displacement of 15,850 tonnes. While Espen Oeino credits the vessel’s exterior design, RWD designed its interior. It was built in 2008 by Lürssen. Though named after Qaboos Bin Said Al Said, the late Sultan of Oman, it is owned by an unnamed Omani royal.

With a colossal 505 feet in length, the luxurious vessel sleeps up to 70 guests and 154 cabin crew. Details of its elegant fixtures and fittings are not known. However, one of its most known and comfortable features is a concert hall big enough to accommodate a 50-piece Orchestra.

Additionally, it has a maximum speed of 25 knots since it is fitted with twin diesel 11,149hp MTU engines.

Owner: Abdulla Al Futtaim, an Emirati businessman Price: $320 million

Radiant is another Lürssen-built superyacht. Aside from the standard amenities like spa and helipad, the Radiant is particularly famous for its security features. It has an escape launch, a turbo-powered speedboat, and even sonic guns and military-military grade water cannon!

Owner: Mohammed bin Rashid Al Maktoum, United Arab Emirates Prime Minister Price: $400 million

Dubai is one of the most extravagant yachts globally, featuring sunbathing areas, Jacuzzis, a helipad, and mosaic swimming with elaborate handmade tiling. It also has an exquisite VIP lounge, a large social area, and a split-level owner’s deck. Its glass-made circular staircase also changes color when lit from above. Dubai can accommodate up to 115 crew and guests.

7. Motor Yacht A

Owner: Andrey Melnichenko, Russian billionaire and Philanthropist Price: $440 million

At first glance, Motor Yacht A looks like a stealth warship or military submarine, but this Blohm + Voss-built vessel is a superyacht, believe it or not. As impressive as its exterior, the Motor Yacht A boasts extravagant amenities like its three swimming pools that can change currents.

Owner: Jeff Bezos, ex-Amazon CEO Price: $500 million

Billed as the world’s largest sailing yacht, Koru is 417 feet long and features three masts that provide plenty of wind power when the wind is blowing as opposed to the typical diesel-powered yachts owned by other billionaires. It’s no secret that Bezos wants to slow climate change, already having advocated for naming the new hockey arena in Seattle the Climate Pledge Arena while at Amazon.

Koru features an on-deck pool and a voluptuous mermaid on the bow, that bears a resemblance to Lauren Sánchez, his current girlfriend. Koru will be trailed by Abeona, a 246-foot support vessel, that will house all of the toys, including ATVs, supercars, seaplanes, motorcycles, smaller boats, scuba gear, personal submarines, and even helicopters (that Ms. Sánchez could fly).

Owner: Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister of UAE Price: $527 million

Lürssen built the Topaz or A+ in 2012. It is also one of the largest luxury yachts, with a colossal length of 482 feet. It has a maximum speed of 23 knots thanks to the 7,990 HP engine.

Topaz features underwater lighting, a conference room, air conditioning, and a large Jacuzzi. It also has an aluminum superstructure with eight viewing decks, double helicopter landing pads, a movie theatre, and a modern gymnasium.

Owner: Sheikh Khalifa bin Zayed al-Nayan, Emir of Abu Dhabi Price: $600 million

The Azzam is the world’s largest megayacht, with a whopping 180.61m LOA. Despite its large size, this 2013 Lürssen-built superyacht manages to be one of the fastest as well. Its four-engine system puts out 35,048 kW of power, propelling the extravagant vessel to a maximum of 30 knots! Other impressive feature of the Azzam is its bulletproof master suite.

Fun fact: The original plan for the Azzam is 145 meters. However, the design grew to optimize the structure and accommodate the yacht’s complex engines.

3. Streets of Monaco

Owner: No owner yet Price: $1 billion

Streets of Monaco is the first billion-dollar yacht on our list, and it’s impressive. This 508 feet yacht manages to feature miniature versions of some of Monaco and Monte Carlos’s most renowned landmarks.

In addition to its Monaco-inspired exteriors, the Street of Monaco also has an extravagant list of amenities and facilities, including a casino, go-kart, a three-floor bedroom, and submarines.

Owner: Roman Abramovich, a former Chelsea boss, and a billionaire Russian oligarch. Price: $1.5 billion

This is the world’s most expensive private yacht, designed by Terence Disdale and built by Blohm+Voss. With a length of 533 feet, it is the second-largest yacht in the world. Its unique features are the bulletproof windows in the main bedroom, intruder alarms, missile detection system, and armor plating. Aside from its security features, the Eclipse features multiple hot tubs, a disco hall, a mini-submarine, two helipads, 24 guest bedrooms, and two swimming pools.

1. History Supreme

Owner: Robert Knok, the richest man in Malaysia Price: $4.8 billion

The most expensive yacht in the world is no other than the History Supreme. This superyacht screams luxury with its 10,000 kilograms of solid gold and platinum! If that wasn’t enough, this Stuart Hughes-designed yacht has a meteorite rock wall in the main suite and a 68 kg 24-carat gold Aquavista Panoramic Wall Aquarium.

The extravagant vessel also features a statue made of Tyrannosaurus Rex bones and a liquor bottle adorned with a rare 18.5-carat diamond. Other areas plated with gold are the deck, anchor, dining area, railings, and staircases.

Final Thoughts

Judging from this list, owning a luxurious yacht is not just about having money; you need big, solid money before even thinking of it. Most of the owners of these yachts are billionaires and multi-millionaires. Cruising around one of these most expensive yachts is a slice of heaven experience on earth. We hope you enjoyed it!

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The world's most expensive superyachts come with helipads, movie theaters, and swimming pools — take a look

• Many superyachts cost upwards of $200 million dollars and are owned by the wealthiest billionaires in the world.
• The most expensive yacht ever built is made from solid gold, and costs a whopping $4.8 billion.
• The yachts have features like movie theaters, concert halls, and multiple swimming pools. 

Some of the world's wealthiest individuals own the most outlandish yachts. 

With features like helipads, swimming pools, saunas, hot tubs, and more, the most expensive yachts in the world are the definition of luxury. Russian tycoons, oil  Sheikhs, and entertainment moguls are vacationing on yachts spanning over 200 feet that often cost over half a billion dollars, not to mention the  maintenance costs  of owning a superyacht.

Check out some of the most expensive yachts in the world below: 

$200 million: Microsoft co-founder Paul Allen owns this 414-foot yacht called the Octopus. It has 41 suites, a pool, two helicopters, a basketball court, and a recording studio.

Source: Forbes

$200 million: The Seven Seas yacht has a movie theater, infinity pool, gym and helipad. Reportedly, it once belonged to Stephen Spielberg.

$210 million: Billionaire Nassar Al-Rashid owns this yacht embellished with 24-karat gold lettering.

$250 million: Qatar's former Prime Minister, Hamad bin Jassim bin Jaber Al Thani, owns the $250 million Al Mirqab. It has a movie theater, outdoor bar, indoor swimming pool, jacuzzi, and helipad.

Source: Daily Mail

$256 million: The Dilbar is owned by Russian billionaire Alisher Usmanov. With more than 3,800 square meters of living space, the Dilbar makes for a comfortable way to travel. It also has two helipads and an indoor swimming pool.

Source: Yacht Harbour 

$300 million: The Sultan of Oman owns the 509-foot long Al Said yacht. It has room for more than 60 guests and a concert hall that can house a 50-piece orchestra.

$350 million: Russian billionaire Andrey Melnichenko owns Motor Yacht A, which resembles a military-style submarine and has a helipad.

Source: The Sun 

$400 million: Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the United Arab Emirates, owns the massive Dubai yacht, which costs an estimated $400 million. It has a mosaic swimming pool, circular staircase, and helipad.

$500 million: Andrey Melnichenko also owns Sailing Yacht A, which has an underwater viewing pod.

Source: CNN Money 

Source: Boat International 

$560 million: Mohammed bin Salman, the deputy crown prince of Saudi Arabia, owns this 440-foot yacht dubbed the Serene. At $560 million, it has 15 rooms, a club, multiple swimming pools, a spa, a gym, and two hot tubs.

Source: New York Times

Source: The Observer

$590 million: Entertainment mogul David Geffen owns this 454-foot superyacht know as the Rising Sun, complete with a basketball court and space for 18 overnight guests. In April 2017, Geffen hosted the Obama family on his yacht.

Source: Business Insider

$600 million: The Azzam yacht is the world's biggest private superyacht, and is rumored to have a submarine with a missile defense system. It is speculated to be owned by Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates.

Source: CNN

$600 million: Russian billionaire Roman Abramovitch's yacht, dubbed the "Eclipse" is estimated to be anywhere from $600 million to $1.5 billion. The superyacht features several helipads, more than 20 guest cabins, two swimming pools, a sauna, and several hot tubs.

$4.8 billion: The History Supreme is made from solid gold and is the most expensive yacht in the world. It reportedly sold to a Malaysian businessman in 2011.

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Top 10 Most Expensive Yachts Ever

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When it comes to luxury, nothing quite compares to owning a yacht. These floating palaces offer the ultimate in comfort, style, and exclusivity. But for some, a regular yacht just won't do. They want the best of the best, no matter the cost. In this article, we'll take a look at the top 10 most expensive yachts ever built, and the jaw-dropping price tags that come with them.

10. Dilbar - $600 million

Kicking off our list is the Dilbar, a 360-foot yacht owned by Russian billionaire Alisher Usmanov. This stunning vessel boasts a helipad, two helipads, and a swimming pool that can hold up to 180,000 gallons of water. It also has a gym, spa, and a movie theater, making it the perfect floating paradise for its owner.

9. Al Said - $600 million

Tied for the 9th spot is the Al Said, owned by the Sultan of Oman. This 509-foot yacht can accommodate up to 70 guests and has a concert hall that can hold a 50-piece orchestra. It also has a helipad, swimming pool, and a cinema, making it a luxurious and entertaining vessel.

8. A - $600 million

Another yacht with a price tag of $600 million is the aptly named "A". This 390-foot yacht is owned by Russian billionaire Andrey Melnichenko and features a unique design with a sleek, all-white exterior. It has a helipad, swimming pool, and a disco hall, making it a party boat like no other.

7. Serene - $330 million

Owned by Saudi Arabian billionaire Mohammed bin Salman, the Serene is a 439-foot yacht that boasts a helicopter hangar, two helipads, and a saltwater swimming pool. It also has a spa, movie theater, and a snow room, making it the perfect escape from the heat of the Middle East.

6. Radiant - $320 million

The Radiant is a 360-foot yacht owned by Russian billionaire Boris Berezovsky. It has a helipad, swimming pool, and a gym, but what sets it apart is its unique interior design. The yacht features a mix of modern and classic styles, with luxurious touches throughout.

5. Dubai - $350 million

Owned by Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai, this 531-foot yacht is one of the largest in the world. It has a helipad, swimming pool, and a disco hall, but what makes it truly unique is its interior design. The yacht features a stunning spiral staircase and a mosaic swimming pool, making it a work of art on the water.

4. Azzam - $600 million

The Azzam is a 590-foot yacht owned by Sheikh Khalifa bin Zayed Al Nahyan, the President of the United Arab Emirates. It is the largest private yacht in the world and can reach speeds of up to 30 knots. It has a helipad, swimming pool, and a movie theater, making it a luxurious and fast way to travel the seas.

3. Eclipse - $1.5 billion

Owned by Russian billionaire Roman Abramovich, the Eclipse is a 533-foot yacht that boasts a missile defense system, two helipads, and a swimming pool that can be converted into a dance floor. It also has a cinema, spa, and a mini-submarine, making it a truly extravagant vessel.

2. Streets of Monaco - $1.1 billion

The Streets of Monaco is a 500-foot yacht designed to look like a miniature version of the city of Monaco. It has replicas of famous landmarks such as the Monte Carlo Casino and the Hotel de Paris. It also has a helipad, swimming pool, and a mini waterfall, making it a unique and luxurious floating city.

1. History Supreme - $4.8 billion

Topping our list is the History Supreme, a 100-foot yacht made entirely of gold and platinum. It is owned by an anonymous Malaysian businessman and features a statue made from a T-Rex bone and meteorite rock. It also has a swimming pool, a helipad, and a liquor bottle adorned with a 18.5-carat diamond, making it the most expensive yacht in the world.

The Most Expensive Yacht for Sale

While the yachts on this list are all owned by billionaires, there are still some incredibly expensive yachts on the market for those with deep pockets. The most expensive yacht currently for sale is the 351-foot "Dream Symphony", with a price tag of $200 million. It boasts a helipad, swimming pool, and a gym, making it a luxurious and comfortable vessel for its potential owner.

In Conclusion

Owning a yacht is a symbol of wealth and luxury, but these 10 yachts take it to a whole new level. From gold-plated vessels to floating cities, these yachts are the epitome of extravagance. While most of us can only dream of owning one of these yachts, it's still fascinating to see the incredible features and designs that come with such a hefty price tag.

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12 Most Expensive Yachts In The World

Owning a luxury yacht is a status symbol akin to unparalleled wealth that only the world’s super-rich can afford.

The costliest yachts are customized to build as per the personal requirements of the owners like one might need a helipad facility on a yacht while the other would like to have a huge pool on the upper deck. At times the interior of the yacht is designed in an exclusive way so as to match the persona of the owner.

In our article today we will bring forward the most expensive yachts in the world. These yachts are floating extravagance which is built with the latest cutting-edge technology and astonishingly luxurious.

Most Expensive Yachts in the World with their Prices and Owners

The owners of these yachts are ultra super-rich people like Royal family members, American business tycoons, Russian billionaire businessmen, etc.

We have compiled a list of the 12 Most Expensive Yachts in the World as of 2022 along with their beautiful pictures to give you a glimpse of how they look.

Let us take a virtual tour of these amazing yachts right away!

1. History Supreme

Price – $4.8 Billion

History Supreme is the most expensive yacht in the world which is worth approximately $4.8 Billion. This yacht which was designed by Stuart Hughes, a world-famous UK-based luxury designer took almost 3 years to complete.

This pricey 100-foot vessel was bought by a Malaysian Businessman for a whopping 4.8 billion dollars. The extremely high price tag of this yacht is because of the usage of around 100,000 kg of precious metals like solid gold and platinum for assembling this luxury liner.

The precious metals are used to make almost the entire boat right from the base of the vessel to the dining area, staircases, etc. The Master bedroom of this yacht is the center of attraction which is made up of meteorite rock.

Price – $1.5 Billion

Eclipse yacht is the world’s second most expensive yacht owned by Russian billionaire Roman Abramovich. The yacht which measures 536 feet long comes with extraordinary security features like intruder detection systems, bulletproof windows as well a missile defense system.

The huge size of his boat is bundled with many lavish facilities like 24 guest cabins, two swimming pools, two helicopter pads, three launch boats among others which require a 70 member crew for maintenance.

One interesting fact about this Yacht is that if it detects some hidden photographer trying to click pictures as light is emitted on the camera that will prevent him from taking a photograph.

3. Streets of Monaco

Price – $1 Billion

The Streets of Monaco is a concept, luxury yacht designed by Yacht Island Design that will cost a staggering one billion dollar estimated production cost. It is obvious that this SuperYacht is exclusive for the most well-to-do investors.

This 152-meter ultra-luxury yacht will resemble a floating replica of the city of Monaco and also feature helicopter and submarine facilities. It will eventually have luxury amenities like a go-kart track, casinos, a replica of the Monaco Grand Prix track, tennis courts, swimming pools, and a bar.

Price – $650 Billion

Azzam is made by German Shipyard company Lürssen Yachts and delivered to the president of UAE, Sheikh Khalifa bin Zayed al-Nayan. Azzam is the fourth most expensive yacht in the world costing $650 million.

Azzam was in the limelight not for its price but instead for its huge size measuring 590 feet long. Azzam is also one of the fastest yachts with a speed of more than 30 knots or 35mph.

The super luxury interiors of this yacht are designed by French interior decorator Christophe Leoni.

Price – $527 Million

Another expensive yacht from the house of Lürssen Yachts is Topaz which was built in the year 2012 costing $527 million. This superyacht is 482 feet long with a gross tonnage of 11,589.

Topaz is powered by a 7990 HP engine which can accelerate to a maximum speed of over 25.5 knots. There are two diesel generators to ensure an uninterrupted power supply to all the equipment that is onboard along with the navigation systems.

Topaz has a built-in swimming pool and is fully air-conditioned with fancy underwater lights. There are other luxury features like helicopter landing pads, a gymnasium, and a cinema hall. Topaz is owned by the Deputy Prime Minister of the United Arab Emirates, Shaikh Mansour.

Price – $350 Million

Dubai is the world’s sixth most expensive yacht owned by Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai costing $350 million. Prior to its launch, it was commissioned 10 years early by the Prince of Brunei, Jefri Bolkiah of Brunei.

The most prominent features of this floating extravagance yacht are the helipad, sunbathing areas, Jacuzzis, and the swimming pool which can accommodate up to 115 people.

This Yacht has a mega dining room that can accommodate 90 guests and is maintained by 88 crew members. Dubai is powered by four MTU-20V diesel engines which deliver 6,301 kW each helping the yacht to accelerate up to 26 knots.

Price – $330 Million

The Serene yacht is owned by the Crown prince of Saudi Arabia, billionaire Mohammed bin Salman (MBS). Serene is among the world’s largest superyachts.

The construction of this luxurious Italian superyacht was started in August 2011. It was earlier owned by Russian Vodka tycoon Yuri Shefler. Mohammed bin Salman saw this luxury yacht when he was vacationing in France and later decided to purchase it.

The Serene is 439.4 feet long with a facility to accommodate 24 guests and 52 crew members. The design of exquisite interiors was done by Reymond Langton. Serene comes loaded with luxurious facilities like a seawater pool, 2 helipads, spa pools, steam room alongside play areas for billionaire tots.

An underwater viewing room is built in Serene yacht where one can watch the marine life. There is an outdoor cinema hall, piano room, dance floor, conference room, and many other facilities which give an unmatched viewing experience. No wonder one can call this ‘Floating Palace’ of the Royal prince of Saudi.

8. SuperYacht A

Price – $323 Million

SuperYacht A ranks eighth in our list of the world’s expensive yachts which is 400 feet long costing $323 million.

This yacht refreshes the memory of a stealth warship or submarine. Superyacht A has the capacity to accommodate up to 14 guests and needs 42 crew members for its maintenance.

Price – $320 Million

The Radiant yacht is owned by Abdulla Al Futtaim, United Arba Emirates billionaire, the owner of Al-Futtaim Group costing $320 million. This is another yacht on our list built by Shipyard company Lürssen Yachts in 2009.

The radiant engine is powered by 8715 horsepower MTU which can accelerate up to a speed of max 21 knots. The Radiant has the capacity to accommodate 20 guests as well as 44 crew members.

The Radiant yacht has luxury facilities like swimming pools, helicopter landing pad, movie theatre, air conditioning, gym, and jacuzzi. There is a water cannon facility to tackle possible pirate attacks.

10. Al Said

Price – $300 Million

The name of this luxury yacht which costs a whopping $300 million is inspired by Qaboos Bin Said Al Said, the Sultan of Orman.

There is very little information available about Al Said in the public domain except that there is a concert hall that can accommodate a 50-piece orchestra. This super luxury yacht can accommodate up to 70 guests and 154 crew members.

11. Pelorus

Pelorus is the eleventh most expensive yacht in the world owned by Hongkong-based real estate billionaire, Samuel Tak Lee for a whopping 300 million dollars. The Greek meaning of the word ‘Pelorus’ means vast and indeed it is. This yacht is 115 meters long and bears a gross tonnage of 5517.

Pelorus was owned by a Saudi businessman, Sheikh Abdul Mohsen Abdulmalik Al-Sheikh for a brief period who sold it after some time to Roman Abramovich, the Russian billionaire.

Pelorus boasts of having two helipads, landing boats as well as jet skis. World-renowned yacht designer Tim Heywood has designed the Pelorus yacht.

Price – $256 Million

The Dilbar Superyacht is another yacht from the house of Lürssen Yachts which was built in the year 2008 and delivered in 2016. Dilbar ranks 12th in our list of the world’s most expensive yachts costing $256 million which is owned by Russian oligarch Alisher Usmanov.

Dilbar is the sixth-longest yacht in the world with a gross tonnage of 15,917. The yacht was named after Alisher Usmanov’s mother and it is among the world’s largest boats. It is 360.89 feet long. Alisher Usmanov uses this yacht very frequently to visit his private islands.

Dilbar grabbed the headlines recently as Russian billionaire Alisher Usmanov was sanctioned by the European Union after Russia ordered a special military operation on Ukraine on 24th March 2022.

There were reports in the media that Germany has seized this which is registered in the Cayman Islands in response to the ongoing war between Russia and Ukraine. The fate of the Yacht remains uncertain as Alisher Usmanov is considered to be very close to Russian President Vladimir Putin.

Hope you enjoyed reading our article – 12 Most Expensive Yachts in the World!

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Here’s what it’ll set you back to run the world’s most expensive superyacht… and it’ll cost four supercars to fill it up

• Imogen Braddick
• Published : 11:51 ET, Feb 22 2022
• Updated : 7:38 ET, Mar 9 2022

RUSSIAN billionaire Alisher Usmanov owns the largest superyacht in the world - and it will cost you the same as four supercars just to fill it up.

The plush 512ft vessel - which has the largest indoor pool ever installed on a superyacht - is said to cost up to £60million to run every year.

Dilbar, custom built for 68-year-old tycoon Usmanov, is the largest yacht in the world in terms of internal volume.

Although the details of the vessel have mostly been kept under wraps, the behemoth boasts an 82ft pool, two helipads for VIP guests, a beach deck and a floating observation bay.

It reportedly has a vast 40,900 sq ft of living space for 24 guests - and 1,000 cushions to keep them comfy.

According to Boat International , Dilbar is usually run by a crew of 80 to help maintain the vessel and wait on her guests.

But the crew can be ramped up to 96 members when needed - meaning Dilbar can carry as many as 120 people when sailing the seas at full capacity.

For guests missing dry land, the vessel also features a huge garden complete with a specially developed variety of grass that tolerates the salty sea air. 

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According to a video of the yacht being refuelled on The Yacht Mogul Instagram account, a 500,000-litre refuel would cost up to £1.1million with an average price of £2.20 per litre.

But social media users said the costs sounded too much and that final price could also include personnel, the dock price and transportation.

Yet taking into account the average price of fuel for yachts in the US, refuelling would still reportedly cost nearly £588,000 to fill up - the same price as four supercars.

One user pointed out: "If you spent $600M for the ship you certainly don't care how much fuel cost!"

The super-secretive yacht's price is estimated between £600million and £735million based on its mammoth size.

The owner, Usmanov, has an estimated net worth of £13billion.

The self-made billionaire made his fortune through investments in metals, media, telecommunications and sport, including a stake in Arsenal FC.

Usmanov ordered Dilbar to replace his other superyacht - a 377ft vessel which was previously called Dilbar and now known as Ona.

German ship builder Lürssen said Dilbar was "one of the most complex and challenging yachts ever built, in terms of both dimensions and technology".

According to reports, a massive 683 miles of cabling - almost the same length as the total land borders of the country of Bhutan - was laid to power all of the amenities and facilities on board.

Lürssen also claimed the 30,000kw electric-diesel hybrid power plant which Dilbar runs on is the most powerful to ever be fitted on a yacht.

The gigantic vessel has a cruising speed of 22.5 knots.

Dimitri Semenikhin, of  Yacht Harbour , previously said: "Yacht projects of this scale never fail to impress, especially when Lurssen is involved.

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"Dilbar is constructed in such a way that even through helicopter photo shoots, none of its features can actually be seen other than her two helipads.

"Although there are some outdoor spaces on the yacht, the majority of the living space is located indoors, which has led to Dilbar having the largest interior volume of any yacht ever built."

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Ukraine said it shot down a $36m bomber jet inside russia as kyiv continues territory push: report.

The Ukrainian military says it brought down one of Russia’s most expensive fighter jets over the Kursk region in southwestern Russia on Wednesday — as Ukrainian ground units continue to move into the area as part of a shocking counter-invasion that seems to have caught the Russians completely off-guard.

Video footage of the downed SU-34 — a high-tech fighter-bomber that costs about $36 million each — has circulated on social media and appears to show fire and debris from the destroyed jet, according to Business Insider.

On Wednesday, the Ukrainian military confirmed the kill in a post on Telegram.

“Defense forces of Ukraine destroyed the enemy Su-34,” Ukraine’s General Staff wrote. “The sky over Kurshchyna became clearer.”

It’s not the first time the Ukrainians shot down that model of plane, which is known by NATO as the “fullback” and reportedly carries sensors, avionics and smart weapons.

Back in February, the country’s military said it took down four Su-34s in just one week — and a total of 10 Russian jets in 10 days, Business Insider said.

Word of the splashed fighter comes just as Ukrainian forces continued to make serious headway in their invasion of Kursk — President Volodymyr Zelensky said his troops had seized 74 settlements there as of Tuesday.

The Ukrainian army now controls about 400 square miles of Russian territory — an area about half the size of Rhode Island.

“We continue to advance  further in the Kursk region , from one to two kilometers in various areas since the start of the day,” Zelensky said Wednesday. “We have captured more than 100 Russian servicemen during this period.”

The Su-34 debuted in 1990, when the Soviet Union was in the midst of a gigantic collapse that shook the pillars of the world, according to the National Interest , a magazine centered on national defense and security.

The fourth-generation fighter-bomber entered official service more than 20 years later, and has since served as a formidable part of Russia’s Air Force.

It’s also played a key role in Moscow’s repeated offensives against its southern neighbor, dropping glide bombs on Ukrainian targets from as far away as 25 miles, according to Newsweek.

But it has also suffered losses during the invasion: Ukrainian officials claim to have downed more than three dozen of the planes as they resist the Russian bear, which first sauntered into their country more than two years ago.

Ukraine believes Russia likely has a total of about 140 Su-34s, Newsweek said.

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A Russian warlord's new Cybertruck shows how Western sanctions are full of holes

Chechen leader Ramzan Kadyrov posted a video of a Cybertruck with a machine gun attached.

Cars from the US can be transported by sea to Europe before arriving in Russia.

The Cybertruck may have been re-sold to Kadyrov by the original owner via an EU country.

Tesla doesn't ship Cybertrucks to Russia, but that doesn't seem to have stopped Chechen leader Ramzan Kadyrov from getting his hands on one.

Kadyrov, a self-styled warlord and head of the Chechen Republic, posted a video on Telegram over the weekend, showing a Tesla Cybertruck being driven through an empty street with what appeared to be a machine gun mounted on it.

"The Cybertruck will soon be sent to the special military operation zone," he said, referring to Russia's ongoing invasion of Ukraine.

Kadyrov claimed the Cybertruck was a gift from Tesla founder Elon Musk , whom he referred to as the "strongest genius of our time."

Musk strongly denied this on X, posting: "Are you seriously so retarded that you think I donated a Cybertruck to a Russian general?"

However, the question remains: If the video is real, how did Kadyrov get his hands on the Cybertruck?

Several smaller countries in the EU have previously been used for parallel trade that could circumvent sanctions. Experts suggested this may have allowed Kadyrov to bring the Cybertruck inside the country.

"The Cybertruck would be banned in general under export control laws as Tesla is a US company," said compliance expert Stephen Fallon, referring to sanctions placed against Russia due to the ongoing war in Ukraine.

"I suspect it's probably been re-sold to Kadyrov by the original owner (maybe several owners ago) via the UAE, Kazakhstan, or Turkey."

Customs law expert Ward Lietaert agreed, telling BI that the EU has been facing serious sanctions evasion in the last couple of months.

"There are no export restrictions in Kazakhstan, for example," said Lietaert. "The Kazakh customer would sell or give that good to the Russian customer, through some kind of a stop in Kazakhstan, and then it would end up in Russia."

Fallon, who has worked on compliance for multiple European government agencies, also said Musk's team must be stressed trying to put out this latest fire.

"Musk clearly didn't mean for this to happen, but I bet you a whole team of people in Tesla's general counsel and compliance team are genuinely having aneurysms about this now."

The EU's frequent headache

A 2023 AFP report about cars funneled through Armenia adds further weight to the hypothesis of sanctions evasion through the EU.

The report includes a description of how cars bought at online auctions in the United States end up in Russia.

According to AFP, cars are "transported by sea to the Georgian port of Poti, repaired, transported to Armenia for customs clearance, and then taken to Russia by land via Georgia."

Lietaert said that countries like Armenia, Kazakhstan, Georgia, and Turkey have been scrutinized for parallel trade and re-exports, which are not strictly illegal but are still a gray area.

The Armenian embassy told BI that they do not agree with this practice. "We would like to reaffirm the Armenian Government's clear stance: Armenia does not support the circumvention of sanctions."

To curb this problem, the EU ratified export legislation in 2023 which included a "no-Russia" clause.

The clause applies to EU exporters and contractually prohibits re-exportation of a limited number of goods to or for use in Russia when selling, supplying, transferring, or exporting to a non-EU country.

"The clause aside, EU sanctions ban the sale of vehicles worth more than 50,000 euros to Russia," foreign policy expert Delaney Simon told BI. "The Tesla Cybertruck costs more than that, so exporting it appears to be in contravention of European regulations."

"You can be sure that where there are sanctions, there is sanctions evasion," Simon told BI.

"The longer a sanctions regime is in place, the more pathways will emerge to circumvent it."

Tesla did not immediately respond to a request by BI for comment.

Read the original article on Business Insider

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