yacht jeff bezos vela

Jeff Bezos’ sailboat, the 10 things you (may) not know

• August 10, 2022
• One Comment

It is the boat of the moment that everyone is talking about. And it could not be otherwise since Y721 , the technical name behind the superyacht that the Dutch shipyard Oceanco built for “Mr. Amazon” Jeff Bezos is the longest sailing boat in the world. We chose to tell you about Jeff Bezos’ new sailboat (to get it out of the yard and into the sea risked dismantling a historic bridge in Holland ) in 10 points.

All the secrets of Jeff Bezos’ sailboat

1. like a soccer field… + vat.

With a length of 417 feet (127 meters) , Jeff Bezos’ sailboat has no equal. To understand the proportions, it is about 20 percent longer than an 11-a-side soccer field . Or as big as 10 regular buses, if you prefer. It outclasses, by a lot, the Sea Cloud, which at 109.5 meters in length has become the world’s longest ex-sailboat!

2. The record boat

Bezos’s megayacht is also a record for the Dutch company Oceanco , which specializes in building “giants of the sea” (one of the latest being the stunning 106.7-meter-long Black Pearl, from which Y721’s design was inspired): it had never built a boat this large. Which, data in hand, is also the largest pleasure yacht built in the Netherlands .

3. It costs very little (for Bezos).

There is always a lot of secrecy around the cost of these items. According to the most informed rumors Jeff Bezos spent $500,000 (half a billion euros, at current exchange rates). It may sound like a lot, but it is “pittance” for a man who has an estimated wealth of $144 billion and is the third richest person in the world (after Elon Musk and Bernard Arnault)!

4. How much does it cost to maintain it

Given that the Y721 will have a crew of 40 and estimated mooring and maintenance costs, the New York Post calculated that Mr. Amazon will have to shell out $25 million a year.

5. Tender of 75 m (with helicopter)

Jeff Bezos Bezos’ sailboat has three decks, including one with a swimming pool. And so far, almost everything normal for a boat of this size. But what is amazing is the tender, or rather, the support boat, built in the Dutch Damen Yachts shipyard: 75 meters long, it is equipped with a helicopter landing pad . Bezos’ fiancée, Lauren Sanchez (who appears to have been a major influence on the tycoon’s choice to get a sailboat), loves to fly.

6. The “copied” interior?

Bezos is said to have been inspired for the interior by those seen on the megayacht Eos by U.S. billionaire (and husband of fashion designer Diane von Fürstenberg) Barry Diller: launched in 2006 and built by Lurssen Shipyards, Eos is “only” 93 meters long: with an aluminum hull and superstructure, it has a maximum beam of 13.50 meters, a draft of up to 5.50 meters, and a displacement of 1,500 gross tons.

7. Three masts, zero shrouds

Jeff Bezos’ sailboat has three masts and uses the DynaRig system , invented by Wilhelm Prölss in the 1960s. The DynaRig, works with independent rotating masts with self-supporting sail rigging (no rigging). Each mast supports six flagpoles that, unlike a conventional mast, have a preset curvature of 12 percent. The fifteen square sails are positioned between the spars so that when they are hoisted there are no gaps between masts, so that they act as a single wing.

The sails are furling and are stored in the mast and can be hoisted in six minutes by powerful electric motors. The sails are adjusted by rotating the masts. Because there is no rigging, the masts and spars can be rotated to the point where the boat can sail even close hauled. The first boat to install the Dyna Rig System was in 2006 Maltese Falcon built by the Italian shipyard Perini Navi.

8. Double bow

Of the gleaming black steel and carbon boat, the crazy stern and bow soars and classic lines are striking, at a time when design is moving more and more toward vertical bow and stern straights. Strange solution with a kind of “double bow.”

Mind you, a double bow quite different from what has already been seen on some ships and even on a 12-meter motor boat-the Canelli 39 Revolutio-that is, a double bow staggered and lying on the same axis that allows for reduced friction and resistance to motion when the unit is traveling at low speeds and coming out of the water in a planing attitude. In the case of Bezos’ boat, the choice seems to be dictated by the desire to have a large “dolphin boat” integrated into the hull.

9. It makes 30 knots!

The top speed of Jeff Bezos’ sailboat is over 30 knots under sail and 18 knots under motor. The boat displaces more than 3,000 tons. There are 6 (or 7) cabins with a master suite positioned in the bow, which is equivalent to an apartment of at least 250 square meters. Equally monstrous is the sail area estimated at 3,500 square meters.

10. Ecopropulsion

Jeff Bezos’s sailboat has a state-of-the-art electric motor , and the propellers will function as hydrogenerators to recharge the batteries while the boat sails (as is already the case with OceanVolt’s Servoprop-type systems).

1 thought on “Jeff Bezos’ sailboat, the 10 things you (may) not know”

What a great chance for the IMO and the ICS and the IPCC, to ask Mr. BEZOS about his experiances with the DYNARIG, Mr. Wilhelm Proelss had designed for the maerchant-shipping-world, f.e. Bulkers with 17000 dtw, see this: https://windschiffe.de/presse/1988 ; it is shown in a Jahrbuch of the Schiffbautechnische Gesellschaft (STG)-61. Band 1967; Springerverlag, Berlin/Heidelberg/NewYork. This is the third evidence-examble after Maltesee Falcon and Black pearl, that wind-propulsion is possible for “normal ships”. Thanks to the VELA-Journal , you want to get the STG-Journal ?? Write for it.

Leave a Comment Cancel Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed .

Read the latest issue

Are you already a subscriber?

• Here you can read the e-magazine! >>
• Renew your subscription >>
• Reset your account password >>

With this insurance you certify and protect your Classic Boat.

Ice 54 is the luxury italian performance-cruiser that is already a bestseller, ewol propellers: cutting-edge technology for your sailboat, slovenian boat accessories you find on boats halfway around the world, latest announcements, our socials.

You may also be interested

Fiberglass boats at least 25 years old built since 1967 (so up to 1999) are worth more. They are called Classic Boats, and we at the Journal of Sailing are working-along with several partners-to enhance them as they deserve. One

French sailboats: 5 models between 10 and 11 meters, not just for cruising

French sailboats have always been a “must-have” in the market, the transalpine shipyards having always been among the leaders in sailboat production. French designers are then among the most sought after, not only for the open racing world, where many

Ice Yachts’ 54-footer is by far the most popular boat on the market among those from the Salvirola (CR) shipyard. With the first hull launched in 2020, theIce 54 has been built to date in as many as twenty examples.

3 Classic Boat Cult that will increase in value. Here’s why they’re a bargain

Is it really real that a Classic Boat can be worth more than any used one? And, if so, by how much is it revalued? How much does the state of preservation affect the quotation? All legitimate questions, which we

Giornale della Vela

Direttore responsabile: Luca Oriani

PER COMUNICARE CON LA REDAZIONE 02 535 811111 – [email protected]

PER LA PUBBLICITÀ Senior account: Guido De Palma: tel. 02 535811208 cell. +39 347 2347433 [email protected].

Pierfrancesco Pugno: cell. +39 3496621980 [email protected]

Cookie policy Privacy policy

INFO ABBONAMENTI, VENDITE DIRETTE E PRODOTTI DIGITALI

tel. 02 535811 111/200 [email protected]

Find anything you save across the site in your account

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?

By Karalyn Hoover

By Nora Taylor

By Kristi Kellogg

By Sarah Madaus

• Today's news
• Reviews and deals
• Climate change
• 2024 election
• Fall allergies
• Health news
• Mental health
• Sexual health
• Family health
• So mini ways
• Unapologetically
• Buying guides

Entertainment

• How to Watch
• My watchlist
• Stock market
• Biden economy
• Personal finance
• Stocks: most active
• Stocks: gainers
• Stocks: losers
• Trending tickers
• World indices
• US Treasury bonds
• Top mutual funds
• Highest open interest
• Highest implied volatility
• Currency converter
• Basic materials
• Communication services
• Consumer cyclical
• Consumer defensive
• Financial services
• Industrials
• Real estate
• Mutual funds
• Credit cards
• Credit card rates
• Balance transfer credit cards
• Business credit cards
• Cash back credit cards
• Rewards credit cards
• Travel credit cards
• Checking accounts
• Online checking accounts
• High-yield savings accounts
• Money market accounts
• Personal loans
• Student loans
• Car insurance
• Home buying
• Options pit
• Investment ideas
• Research reports
• Fantasy football
• Pro Pick 'Em
• College Pick 'Em
• Fantasy baseball
• Fantasy hockey
• Fantasy basketball
• Download the app
• Daily fantasy
• Scores and schedules
• GameChannel
• World Baseball Classic
• Premier League
• CONCACAF League
• Champions League
• Motorsports
• Horse racing
• Newsletters

New on Yahoo

• Privacy Dashboard

Jeff Bezos' $500 million megayacht sets sail for its first sea trials — watch video of the 417-foot vessel hitting open water

• Oops! Something went wrong. Please try again later. More content below

Jeff Bezos' new $500 million megayacht hit the open water this week to undergo tests.

Sea trials are usually one of the last phases of construction, bringing the yacht one step closer to full sail.

The yacht previously caused uproar for nearly requiring that a historic bridge be dismantled for it to pass.

After drawing the ire of locals for nearly requiring the dismantling of a historic bridge, Jeff Bezos' new megayacht has hit the open water.

The vessel, estimated to cost $500 million, underwent its first day of sea trials in Europe this week, according to yacht fan club Dutch Yachting, which posted a video of the yacht on Monday. Sea trials consist of several tests and are usually one of the last phases of construction, meaning the Amazon founder's yacht is one step closer to full sail.

The boat's sea trials come after a turbulent year for the megayacht, which was built in the Netherlands. Last year, the Dutch company building it, Oceanco, requested that a historic bridge in Rotterdam be dismantled for the yacht to pass because the vessel's three masts were too tall to pass under the bridge, which has a 131-foot clearance.

The yacht, called Koru, measures 417 feet long and is expected to be the biggest sailing yacht in the world once finished.

The bridge in question was the Koningshaven Bridge, colloquially known as "De Hef," which is nearly 100 years old. After it was renovated in 2017, the city vowed not to take it apart again, according to Dutch broadcaster Rijnmond .

The ask didn't go over well. It caused so much public outcry, in fact, that more than 1,000 residents threatened to throw eggs at the yacht if the dismantling came to fruition. Oceanco later withdrew its request to dismantle the bridge , and the yacht was quietly towed under cover of night to another shipyard.

During that voyage, the yacht was towed without its masts, which would be installed later, and it avoided going through the city center and past the Koningshaven Bridge, according to German magazine Der Spiegel .

Watch the latest video of Bezos' yacht here:

Read the original article on Business Insider

Recommended Stories

Nfl free agency good, bad and ugly: how has your favorite team done so far.

Which teams should be most excited after a week of NFL free agency?

Pass or Fail: Houston Texans show off new road uniforms after Reddit leak

Texans CEO and Chairman Cal McNair took to Reddit to show off one of the team's new uniform combinations in response to a leak.

March Madness: Ranking the NCAA men's tournament teams from 1 to 68

UConn is the favorite, but there are at least eight others who are legit contenders to cut down the nets in April.

The CEO of Warren Buffett's favorite oil company thinks its stock is 'very undervalued'

Occidental Petroleum's CEO said the company will focus on paying off debt for the next couple of years as it puts a pause on aggressive share buybacks.

Timberwolves star Anthony Edwards throws down ridiculous dunk of the year over John Collins in win vs. Jazz

John Collins got put on a wild poster on Monday night, and had to leave the game due to a head injury.

Baker Mayfield gets called 'a 10 on the pr--- scale' by Bucs GM, then thanks him: 'I'll take that'

Baker took it as a compliment, even though it didn't really sound like one.

Has Caitlin Clark locked up Naismith Player of the Year? Here are 5 contenders for the nation's top award

Clark's record-breaking season has transcended college basketball, but there are several deserving candidates this season.

The best soundbars for 2024: My 7 top picks for theater-quality audio at home

A soundbar is one of the best TV upgrades you can buy. Here are the best models for every type of viewer.

Dodgers vs. Padres: How to watch the 2024 MLB Seoul Series

Dodgers fans, Padres fans, are you ready for the 2024 MLB Seoul Series? Let's play ball!

2024 Fantasy Baseball: Andy Behrens' potential 'league-winners' from recent Tout Wars draft

Fantasy baseball analyst Andy Behrens reveals his favorite picks from his recent Tout Wars draft while exposing the truth about league winners.

2024 Fantasy Baseball: Jackson Holliday leads 5 key draft sleepers from the infield

Dalton Del Don examines potential draft values with the upside to make a difference in fantasy baseball leagues.

Nearing a loaded 2024 NFL Draft, Justin Fields and the 2021 QB class remind us the position is a crapshoot

Why Fields wasn’t scooped by other teams largely centers on his one year of rookie contract control, which features a fifth-year option that will be set at $25.6 million.

MLB 26-and-under power rankings, Nos. 15-11: Minnesota's Royce Lewis, Boston's Triston Casas lead young cores on the rise

The Twins, Red Sox, Cardinals, Yankees and Cubs make up the next tier on this year's list.

NL East season preview: What's in store for the Braves, Phillies, Mets, Marlins and Nationals in 2024?

The Braves are aiming for a seventh straight division title. The Phillies have other ideas.

Aaron Rodgers says 'Sandy Hook was an absolute tragedy' in wake of report he believed in conspiracy theory

Rodgers' statement comes a day after a CNN story detailing comments Rodgers made about the shooting in 2013.

Russell Wilson's hurried deal with Steelers may say a lot about his intentions, and Pittsburgh's

Wilson's announced deal with Pittsburgh went down before free agency even began. Why were both sides so quick to link up?

NFL free agency: Moves that caught our attention so far, from the Patriots (good) to some running backs (odd)

Yahoo Sports' Nate Tice breaks down the moves that stuck out to him now that the initial dust has settled on Tamperpalooza.

NFL Draft 2024: Top 50 big board is heavy on offense, starting with Drake Maye and Caleb Williams at the top

Yahoo Sports NFL Draft expert Nate Tice delivers his first top 50 of this draft cycle, with breakdowns of each prospect's strengths, weaknesses, projections and more.

Netflix's 'Receiver' series to follow 5 NFL players, including George Kittle, Justin Jefferson, Deebo Samuel

The eight-episode Netflix series follow last year's "Quarterback," which documented the 2022 seasons of Kirk Cousins, Patrick Mahomes and Marcus Mariota.

Kyrie Irving hits wild left-handed floater at the buzzer to lift Mavericks past Nuggets

Kyrie Irving lifted the Mavericks to a huge 107-105 win over the Nuggets on Sunday afternoon.

Jeff Bezos' yacht reportedly cost $500 million and is the largest sailing yacht in the world. Here's what we know.

• Jeff Bezos ' new $500 million megayacht Koru set sail this summer.
• At 417 feet long, it's the world's largest sailing yacht and even boasts a sculpture resembling his fiancée, Lauren Sanchez.
• Here's everything we know about Bezos' yacht.

Jeff Bezos' new megayacht set sail this summer, with the founder and former Amazon CEO and his fiancée Lauren Sanchez crisscrossing Europe to show it off.

At 417 feet long, the vessel is the world's largest sailing yacht and cost an estimated $500 million. The yacht is named Koru , which means "loop" or "coil" in the Māori language and often signifies new beginnings.

Koru joins a large class of flashy billionaires' yachts , including the 305-foot-long Eos, which belongs to billionaire Barry Diller and fashion designer Diane von Furstenberg.

Oracle cofounder Larry Ellison owns a yacht called Musashi, which is 288 feet long.

Bezos commissioned the enormous boat from the Dutch custom yacht builder Oceanco, and it took years to construct.

Related stories

In February, the yacht underwent its first sea trials, a series of tests usually conducted in the last phases of construction. Koru made its maiden voyage in April, traveling from the Netherlands to Gibraltar.

The vessel has a pool on deck, and the prow features a mermaid sculpture that bears a striking resemblance to Bezos' then-girlfriend Sanchez. A second "support yacht," which has an on-deck helipad, accompanies Koru on its travels.

Sanchez has said the sculpture affixed to Bezos' yacht isn't her. "I'm very flattered, but it's not," she told Vogue. The sculpture is apparently of the Norse goddess Freyja, one of Bezos' favorite figures from mythology.

Bezos and Sanchez were first seen aboard the yacht along the coast of Spain in May, shortly before news broke that the couple had gotten engaged. The couple spent the rest of the summer on board traveling to various destinations, stopping at the Cannes Film Festival, sailing down the Italian Riviera, and making their way to Croatia.

In August, the yacht played host to an engagement party for Bezos and Sanchez , which reportedly drew guests including Bill Gates, Whitney Wolfe Herd, Ari Emanuel, and Leonardo DiCaprio.

While yacht season was apparently enjoyable for the couple, it was only after the vessel stirred up quite a bit of controversy: Koru's masts were so tall that the yacht nearly required the dismantling of a historic bridge in the Netherlands in order for it to pass through.

Locals planned to egg Bezos' superyacht if the bridge came down. Following the public outcry, Oceanco withdrew its request for the city to take apart the bridge.

And despite this massive purchase, Bezos' net worth is still well over $100 billion.

Watch: What it takes to build a 164-foot superyacht

• Main content

• Motorcycles
• Car of the Month
• Destinations
• Men’s Fashion
• Watch Collector
• Art & Collectibles
• Vacation Homes
• Celebrity Homes
• New Construction
• Home Design
• Electronics
• Fine Dining
• Baja Bay Club
• Costa Palmas
• Fairmont Doha
• Four Seasons Private Residences Dominican Republic at Tropicalia
• Reynolds Lake Oconee
• Scott Dunn Travel
• Wilson Audio
• 672 Wine Club
• Sports & Leisure
• Health & Wellness
• Best of the Best
• The Ultimate Gift Guide

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.

Digital Editor

Rachel Cormack's Most Recent Stories

• All the Sea’s a Stage? This Bonkers Entertainment Venue Aims to Bring Live Music and More to the Water
• Mike Tyson’s Former Range Rover Limo Is Heading to Auction
• A Vintage Gold Baume & Mercier Watch Elvis Presley Gave Dodie Marshall Is Heading to Auction
• Share This Article

Amazon founder Jeff Bezos just received a toy way too big for a brown cardboard box.

Related Stories

• Mercedes-AMG’s Scrappy New 4-Cylinder GT43 Might Just Make Your Muscle Car Jealous
• Bentley Buyers Spend More Than $42,000 on Add-Ons

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…

Read More On:

• Sailing Yacht

More Marine

Open Space, Eco-Friendly Tech: What a Rising Class of Millennial Superyacht Owners Are Looking For

‘People Don’t Want to Be Inside’: How the Outdoors Became Yachtmakers’ Most Coveted Design Element

This New 220-Foot Custom Superyacht Is Topped With an Epic Jacuzzi

This Custom 112-Foot Trideck Superyacht Feels Bigger Than It Actually Is

Culinary Masters 2024

MAY 17 - 19 Join us for extraordinary meals from the nation’s brightest culinary minds.

Give the Gift of Luxury

Latest Galleries in Marine

The 10 Most-Exciting Yacht Debuts at the Palm Beach International Boat Show

‘Lady A’ Superyacht in Photos

More from our brands, weightwatchers ceo sima sistani talks modernizing weight loss management with prescription medication in oprah winfrey’s ‘shame, blame and the weight loss revolution’, draftkings claims ‘double agent’ shared docs at fanatics ceo home, music industry moves: iconoclast acquires assets, some catalog rights from tony bennett estate, artist charles gaines says ica miami suggested removing and altering artworks in his exhibition, the best yoga mats for any practice, according to instructors.

We've detected unusual activity from your computer network

To continue, please click the box below to let us know you're not a robot.

Why did this happen?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy .

For inquiries related to this message please contact our support team and provide the reference ID below.

• Share full article

Advertisement

Supported by

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

• Search Please fill out this field.
• Manage Your Subscription
• Give a Gift Subscription
• Sweepstakes
• Human Interest

Jeff Bezos and Lauren Sánchez Enjoy Beverly Hills Date Night at Pre-Oscars Dinner Party

The Amazon CEO and journalist have been dating since 2019 and engaged since 2023

Stefanie Keenan/WireImage

Jeff Bezos and Lauren Sánchez spent a night out with the stars!

On Saturday, the Amazon CEO and Emmy Award-winning journalist stepped out to attend the Chanel and Charles Finch Annual Pre-Oscar Dinner at Beverly Hills’ Polo Lounge.

At the event, a dinner for nominees, actors, filmmakers and more, the couple posed for photos together, showing off their sleek couple style.

For the Chanel-hosted event, which was also attended by Margot Robbie , Kristen Stewart and more, Bezos, 60, donned a sleek gray suit, which he layered over a black T-shirt and paired with buckled dress shoes.

Sánchez, 54, complemented her fiancé in a blingy, all-black look. The journalist wore a long-sleeve dress with a plunging V-neck and black pumps, and added sparkle with a stack of bracelets, layered chokers and a classic Chanel clutch.

She also sported a glossy lip courtesy of Chanel, as well as some skincare French fashion house, she revealed in an Instagram Story post.

In photos from the event, Bezos could be seen posing with his arm wrapped around Sánchez, whom he popped the question to last year .

The couple’s Beverly Hills date night comes on the heels of the billionaire and businesswoman’s move to Miami, which Bezos announced in November .

Last month, the couple was spotted settling into the Florida city, walking arm-in-arm on a daytime date at the Coconut Grove Arts Festival.

Bezos and Sánchez have been dating for over four years, and PEOPLE confirmed that the pair was engaged last May.

The news came as they were on vacation together in the South of France, where they attended the premiere of one of this year’s Oscar-nominated films, Killers of the Flower Moon, at the Cannes Film Festival.

At the time, a source told PEOPLE the couple was enjoying their new relationship status . "They're on cloud nine — so happy and madly in love,” the insider told PEOPLE.

" Her engagement ring is beyond stunning,” the source added. “And huge! She keeps playing with it and looking at it. You can tell she loves it.”

Never miss a story — sign up for  PEOPLE's free daily newsletter  to stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.

Dolly Faibyshev/WWD via Getty

And the engaged couple, who enjoy frequent date nights and star-studded outings together, also gush about each other online.

In January, Sánchez dedicated a sweet Instagram post to Bezos on his birthday .

Alongside a collection of photos that included a picture of the businessman as a child and one of the couple together, she wrote, "Today is another day where your laughter fills our home, and that smile of yours lights up every room.”

“Wishing you an abundance of simple joys and quiet moments of happiness," Sánchez continued. "May this year be filled with everything you love, from peaceful mornings to joyous celebrations. I hope each day brings you countless reasons to smile, just like you give me a reason to smile every single day. Love you, and happy birthday, my love.”

Jeff Bezos and Lauren Sanchez name latest recipients of $50M Courage and Civility Awards

A mazon founder Jeff Bezos and his fiancée Lauren Sanchez are giving $50 million to both actor and activist Eva Longoria and retired Navy Adm. William McRaven as recipients of the Bezos Courage and Civility Award.

In a post on Instagram , Sanchez said she and Bezos were “humbled and honored” to announce the winners, who she said will use the funds to “take on some of the causes that they are deeply passionate about.”

The annual prize has previously been awarded to Van Jones, a lawyer and CNN commentator; chef José Andrés; and singer Dolly Parton.

Longoria, best known for her role on the ABC television series “Desperate Housewives” (2004-2012), founded the Eva Longoria Foundation in 2012 with a mission to “help Latinas build better futures for themselves and their families through education and entrepreneurship.”

In addition to his naval career, McRaven is former chancellor of the University of Texas System. In a statement to CNN , he said he wants to use the gift to focus on three areas: educating the children of deceased veterans, particularly in the special operations community; the mental health and brain performance of veterans; and helping to develop future military leaders through education.

Bezos, with a net worth of $201 billion, is the second richest person in the world behind LVHM chairman Bernard Arnault, according to the Bloomberg Billionaires Index . Bezos was briefly on top of the list earlier this month after overtaking Tesla CEO Elon Musk.

Rosatom Starts Production of Rare-Earth Magnets for Wind Power Generation

TVEL Fuel Company of Rosatom has started gradual localization of rare-earth magnets manufacturing for wind power plants generators. The first sets of magnets have been manufactured and shipped to the customer.

In total, the contract between Elemash Magnit LLC (an enterprise of TVEL Fuel Company of Rosatom in Elektrostal, Moscow region) and Red Wind B.V. (a joint venture of NovaWind JSC and the Dutch company Lagerwey) foresees manufacturing and supply over 200 sets of magnets. One set is designed to produce one power generator.

“The project includes gradual localization of magnets manufacturing in Russia, decreasing dependence on imports. We consider production of magnets as a promising sector for TVEL’s metallurgical business development. In this regard, our company does have the relevant research and technological expertise for creation of Russia’s first large-scale full cycle production of permanent rare-earth magnets,” commented Natalia Nikipelova, President of TVEL JSC.

“NovaWind, as the nuclear industry integrator for wind power projects, not only made-up an efficient supply chain, but also contributed to the development of inter-divisional cooperation and new expertise of Rosatom enterprises. TVEL has mastered a unique technology for the production of magnets for wind turbine generators. These technologies will be undoubtedly in demand in other areas as well,” noted Alexander Korchagin, Director General of NovaWind JSC.

For reference:

TVEL Fuel Company of Rosatom incorporates enterprises for the fabrication of nuclear fuel, conversion and enrichment of uranium, production of gas centrifuges, as well as research and design organizations. It is the only supplier of nuclear fuel for Russian nuclear power plants. TVEL Fuel Company of Rosatom provides nuclear fuel for 73 power reactors in 13 countries worldwide, research reactors in eight countries, as well as transport reactors of the Russian nuclear fleet. Every sixth power reactor in the world operates on fuel manufactured by TVEL. www.tvel.ru

NovaWind JSC is a division of Rosatom; its primary objective is to consolidate the State Corporation's efforts in advanced segments and technological platforms of the electric power sector. The company was founded in 2017. NovaWind consolidates all of the Rosatom’s wind energy assets – from design and construction to power engineering and operation of wind farms.

Overall, by 2023, enterprises operating under the management of NovaWind JSC, will install 1 GW of wind farms. http://novawind.ru

Elemash Magnit LLC is a subsidiary of Kovrov Mechanical Plant (an enterprise of the TVEL Fuel Company of Rosatom) and its main supplier of magnets for production of gas centrifuges. The company also produces magnets for other industries, in particular, for the automotive

industry. The production facilities of Elemash Magnit LLC are located in the city of Elektrostal, Moscow Region, at the site of Elemash Machine-Building Plant (a nuclear fuel fabrication facility of TVEL Fuel Company).

Rosatom is a global actor on the world’s nuclear technology market. Its leading edge stems from a number of competitive strengths, one of which is assets and competences at hand in all nuclear segments. Rosatom incorporates companies from all stages of the technological chain, such as uranium mining and enrichment, nuclear fuel fabrication, equipment manufacture and engineering, operation of nuclear power plants, and management of spent nuclear fuel and nuclear waste. Nowadays, Rosatom brings together about 350 enterprises and organizations with the workforce above 250 K. https://rosatom.ru/en/

U.S. Added Less New Wind Power in 2021 Than the Previous Year — Here’s Why

Norway’s Massive Floating Wind Turbine Wall Will Be Funded by the Government This Year

RWE Becomes a Top Tier Renewable Energy Company in the United States

Renew Power Deploys India’s 1st 3X Platform Wind Turbine Generators

Top 10 Countries in Wind Energy Capacity

Onshore Wind to Play a Key Role in Achieving India’s 2030 Target