250 million yacht

$250M superyacht Liva O draws 'big' attention on Seattle's Lake Union

SEATTLE - The superyacht LIVA O, owned by billionaire Stephen Orenstein , has made a notable appearance on Seattle's Lake Union . 

Measuring 387 feet, LIVA O is the largest superyacht ever built by the esteemed German shipbuilder Abeking & Rasmussen . For comparison, a Washington state Olympic Class ferry measures 362 feet.

Launched as the shipyard's latest masterpiece, LIVA O represents a significant achievement for Abeking & Rasmussen, which has been in operation for over 115 years. "We have once again succeeded in building an exceptional yacht," said Matthias Hellmann, CEO at Abeking & Rasmussen. "By upholding our values of innovation, quality, and client satisfaction, we have created a yacht that sets new industry standards."

Designed by Joseph Dirand Architecture in Paris, the yacht features a sleek black hull and offers luxurious amenities, including a Neptune Lounge with an underwater view, a swimming pool, a helicopter pad and a crow’s nest. The vessel also employs a diesel-electric propulsion system for quiet navigation and maneuvering. 

So how much does a yacht of this size cost? According to Superyacht Fan , Orenstein bought the yacht in 2023 for $250 million and estimates its annual running cost to be $15 to $25 million. 

According to Forbes , Stephen Orenstein is a German-American business executive with extensive commercial real estate holdings in Germany, Italy, the U.K. and the U.S., and holds a stake in the German soccer team Eintracht Frankfurt. 

Formerly owning 75% of Supreme Group, a logistics firm that supplied food and water to the U.S. Army in Afghanistan, Orenstein took over the company in 1985 after his father's death. 

Forbes estimates his net worth at $2 billion. 

The yacht's presence in Lake Union is drawing attention from locals and yacht enthusiasts alike, marking a significant milestone in Seattle's maritime scene.

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Cowboys Owner Jerry Jones Bought a $250 Million Superyacht That’s Bigger Than a Football Field

And it has two helipads, because of course., paige reddinger.

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It remains to be seen whether the Dallas Cowboys will win the Super Bowl this year, but owner Jerry Jones has already scored big. The billionaire businessman has laid down a whopping $250 million on Oceanco’s Project Bravo superyacht . The 357-foot (119 yards) vessel is longer than a football field. It has not one, but two helipads, a garage to store smaller boats, along with Jet Skis, a gym, and a full spa with a massage room and sauna.

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Jones purchased Project Bravo in December, according to CBS Dallas . And aside from the over-the-top amenities, his new toy is also environmentally friendly—as far as yachts can be such a thing. The boat came to market in November of last year and is the first yacht by Oceanco to have what’s referred to as a “LIFE” (Lengthened, Innovative, Fuel-Efficient, and Eco-Friendly) design.

“The LIFE design’s use of advanced hybrid propulsion, which incorporates significant battery capability, is combined with a single-tier engine room that allows novel use of space for outstanding luxury accommodation,” James Roy, managing director of Lateral Naval Architects, told Robb Report last year.

Pascale Reymond of the UK-based Reymond Langton Design, which was tasked with designing Project Bravo’s interior, said her team worked with artists and craftsmen on the yacht’s fabrics, furniture, and bespoke art. There’s no word on what the bespoke art might include, but Jones is a known art collector with tastes that run from modern masters like Picasso and Ellsworth Kelly to current art stars like Jenny Holzer, Eva Rothschild, and Anish Kapoor. Jones and his wife, Gene, even have a contemporary art collection housed in the Dallas Cowboys AT&T stadium . (Everything really is bigger in Texas.)

Before he was the NFL’s most recognizable owner, Jones built his fortune as an oil wildcatter and on investments in oil drilling, retail, and residential real-estate projects in Dallas. The Texas tycoon is worth $6.8 billion as of today, according to  Forbes .  The Cowboys, valued at $5 billion, is currently his most valuable asset. He bought the team for $150 million in 1989. It has won three Super Bowls since then.

As Robb Report's watch editor, Reddinger is immersed in all things horological. She has visited the top manufacturers in Switzerland and Germany, attended high-profile auctions and met with nearly…

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$250M superyacht Liva O draws 'big' attention on Seattle's Lake Union

The superyacht LIVA O, owned by billionaire Stephen Orenstein, has made a notable appearance on Seattle's Lake Union. (AJ Janavel)

SEATTLE - The superyacht LIVA O, owned by billionaire Stephen Orenstein , has made a notable appearance on Seattle's Lake Union . 

Measuring 387 feet, LIVA O is the largest superyacht ever built by the esteemed German shipbuilder Abeking & Rasmussen . For comparison, a Washington state Olympic Class ferry measures 362 feet.

Launched as the shipyard's latest masterpiece, LIVA O represents a significant achievement for Abeking & Rasmussen, which has been in operation for over 115 years. "We have once again succeeded in building an exceptional yacht," said Matthias Hellmann, CEO at Abeking & Rasmussen. "By upholding our values of innovation, quality, and client satisfaction, we have created a yacht that sets new industry standards."

Designed by Joseph Dirand Architecture in Paris, the yacht features a sleek black hull and offers luxurious amenities, including a Neptune Lounge with an underwater view, a swimming pool, a helicopter pad and a crow’s nest. The vessel also employs a diesel-electric propulsion system for quiet navigation and maneuvering. 

So how much does a yacht of this size cost? According to Superyacht Fan , Orenstein bought the yacht in 2023 for $250 million and estimates its annual running cost to be $15 to $25 million. 

The superyacht LIVA O, owned by billionaire Stephen Orenstein, has made a notable appearance on Seattle's Lake Union. ( AJ Janavel )

Who is Stephen Orenstein?

According to Forbes , Stephen Orenstein is a German-American business executive with extensive commercial real estate holdings in Germany, Italy, the U.K. and the U.S., and holds a stake in the German soccer team Eintracht Frankfurt. 

Formerly owning 75% of Supreme Group, a logistics firm that supplied food and water to the U.S. Army in Afghanistan, Orenstein took over the company in 1985 after his father's death. 

Forbes estimates his net worth at $2 billion. 

The yacht's presence in Lake Union is drawing attention from locals and yacht enthusiasts alike, marking a significant milestone in Seattle's maritime scene.

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Washington secures $28M for salmon habitat restoration projects

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WA political leaders, analysts weigh in on Biden dropping out of presidential race '

To get the best local news, weather and sports in Seattle for free, sign up for the daily FOX 13 Seattle newsletter .

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Dallas Cowboys Owner Jerry Jones Buys a Football Field-Sized, $250,000,000 Superyacht

By Kyle Cheromcha

Updated on Jan 12, 2019 6:03 PM EST

While you might have spent Christmas forcing a smile at yet another reusable water bottle, billionaire Dallas Cowboys owner and NFL big shot Jerry Jones unwrapped a new $250 million, 357-foot superyacht called the Bravo Eugenia. The rich—they’re just like us!

Whether or not you agree with (or care about) the decisions Jones has made as owner of the Cowboys—which, it should be pointed out, he bought for a mere $150 million in 1989—we can all come together and collectively drop our jaws at this sheer display of floating wealth.

Named for Jones’ wife Gene, the Bravo Eugenia is packed with everything a modern billionaire needs, including teak decking, two helipads, a full spa and gym, a garage for smaller boats and jet-skis, and a full staff to keep everything running smoothly. Jones has managed to keep any other details under wraps, so just know that this thing is fancy.

According to Yacht Harbour,   the newly-christened Jerry Boat was designed by Nuvolari Lenard and Lateral Naval Architects and built by the Dutch yacht masters at Oceanco. It features a slimline design and a a hybrid diesel powertrain to slice through the water more efficiently. The 4,000 gross tonnage ship can hit 17.5 knots or 20 mph, just under the top speed of most NFL running backs.

View this post on Instagram A post shared by BENROTSAP (@benrotsap_photography)

Jones and his wife took delivery of the yacht just before Christmas and passed the Yuletide on its maiden cruise around Scandinavia. Running the world’s most valuable sports franchise does come with some key benefits. Still, it’s not the biggest superyacht owned by any sports tycoon. That honor goes to the 533-foot Eclipse, the second-longest private yacht in the world, which belongs to Russian billionaire and Chelsea F.C. owner Roman Abramovich.

The Bravo Eugenia is also missing the anti-ballistic missile defense systems found in Eclipse—Jones better hope his Dallas Cowboys beat the Los Angeles Rams in their postseason divisional matchup on Saturday.

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Where Is Jerry Jones’ Yacht? Vessel Has Swarovski-Studded Furniture

Jerry Jones’ yacht has captured attention worldwide. Read more about the Dallas Cowboys owner’s $250-million yacht and where he houses it.

Feb. 17 2023, Updated 12:58 p.m. ET

How much does it cost to run the Bravo Eugenia annually?

What exciting features does jerry jones' yacht have, is jones' yacht equipped with a helicopter pad, where does jerry jones house 'bravo eugenia'.

Forget the athletes. The real star of the 2020 NFL Draft was Jerry Jones’ yacht , the $250-million Bravo Eugenia . The Dallas Cowboys owner left football fans in awe after they learned he had monitored the draft from a room aboard his 357-foot-long yacht .

At the time, ESPN reporter Don Van Natta Jr. called it a "super-flex," though it's still brought up when discussing billionaires' lifestyles and the lavish purchases they make.

Jones' yacht, constructed by Dutch superyacht builder Oceanco, has since made a splash in media after it dropped anchor outside Elliott Bay Marina in Seattle, Wash. The yacht — named after Jerry’s wife, Gene — has also been spotted docked in Miami and cruising up the Thames River in London, England.

Keep reading for details on the features Jones' boat is equipped with and where he houses it.

On its website , Oceanco says that the Bravo Eugenia is its first LIFE Design yacht. LIFE Design is an approach that “synergizes the elegance and performance of Oceanco’s vessels with a carefully considered approach to their environmental impact,” according to SuperyachtNews .

The Bravo Eugenia has “best-in-class hydrodynamic efficiency, advanced hybrid propulsion, and 100 [square meters] of extra guest space at the waterline level,” according to Oceanco.

The vessel’s other sustainability features includes integrated battery systems, waste heat recovery, and a 30 percent increase in fuel efficiency. For these advancements, the boat received the Yacht Club de Monaco’s first Belle Class Explorer Award for Technology and Innovation.

SuperYachtFan estimates that it costs between $15 million and $20 million to run annually.

With exterior styling by Nuvolari Lenard, the vessel’s proportions evoke a sport yacht more than a superyacht. “This new style will certainly create a new design stream,” said Carlo Nuvolari, a partner at Nuvolari Lenard, according to Forbes .

Reymond Langston handled the yacht's interior design. “We worked very closely with the owner to find the perfect artisans and craftsmen in creating bespoke artworks, fabrics, and signature furniture pieces that reflect the owner’s style and essence and combine to create a warm, inviting environment for all on board,” explained Pascale Reymond, a partner at Reymond Langton Design.

View this post on Instagram A post shared by Andrew Jacob Media (@andrewjacob_media)

The boat is 357 feet long, with a 53-foot beam. It offers a range of amenities, including two helicopter pads, a tender garage for watercraft, a gym, a beach club, and a spa that features a plunge pool, a rain shower, a sauna, a steam room, and a massage room.

It's also reportedly equipped with Swarovski crystal-studded furniture.

The 79-year-old also owns an ACH145 helicopter, according to Robb Report . Jones told the magazine that he originally got the 10-passenger helicopter for transportation, but it has been a boon to the Cowboys brand, too.

“It lends an aura to the Cowboys, whether we’re circling the stadium and landing in the parking lot on game day or carrying business associates and sponsors,” he explained. “It gets [fans’] attention and keeps them thinking about us. I’m being facetious, but I’m also half-serious here. I’d like to take it and land it on every road in Texas. Or maybe have five, landing in every community across the U.S. It’s a real attention magnet.”

Cowboys owner Jerry Jones’ 357 foot yacht (named Gene, after his wife) just sitting in Puget Sound (Seattle). Too big to park at the marina. $250 million yacht has a gym, pool, steam & massage rooms, sauna & 2 helipads. Hate I missed that invite! pic.twitter.com/h6hqZqwUEO — Robin Carlin (@robincarlin) August 10, 2020

When Jones isn't out enjoying life on the water aboard his superyacht Bravo Eugenia , it's likely docked at Elliott Bay Marina in Seattle. The Cowboys owner might also rely on other docks to house his yacht depending on where he is.

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Jerry Jones' $250 Million Yacht is Longer Than a Football Field

When your name is Jerry Jones and you are the owner of the most valuable sports franchise in the world, chances are the gifts you purchase for yourself won't be made at your local mall. Well, unless you are buying the entire shopping center, but that's a completely different story. Yet, real estate doesn't even come close to Jones' latest toy.

Dallas Cowboys owner Jerry Jones bought a yacht , but it's not just some ordinary old boat. It's the AT&T Stadium of super yachts and was delivered by Dutch shipyard Oceanco to the U.S. billionaire just before the holiday season on December 20, 2018.

Everyone knew Jones had crazy money — with a net worth estimated at $10.7 billion by Forbes — but he spent $250 million on a yacht that's longer than an NFL football field. Try wrapping your mind around that.

Jerry Jones Yacht

RELATED: Jerry Jones' Net Worth: How the Cowboys Owner Became a Billionaire

Is it one of the largest mega-yachts ever? No, but who cares? This thing is incredible to look at, let alone use whenever you feel like it.

Here are some crazy facts you need to know this beauty:

It's Longer Than a Football Field

Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. He was laughed at for the former, but not the latter. pic.twitter.com/qXyO5MAf3p — Joe Pompliano (@JoePompliano) August 6, 2021

According to YachtHarbour.com , the yacht is 109-meters long (which is about 357 feet) and features more luxurious amenities than you probably can stomach. Just know it has a gym on the lower deck, a beach club, massage room, sauna and steam room, plunge pool, a garage for water toys, and a helipad, thanks to Remond Langton Designs, for starters.

Designed by Nuvolari Lenard and built in the Netherlands, the yacht technically launched in 2017, but was delivered to the billionaire owner of the Dallas Cowboys in December 2018. The naval architecture by Lateral Naval Architects helped made it the first yacht to have a LIFE (Lengthened, Innovative, Fuel Efficient, Eco Friendly) design.

It has a top speed of 17.5 knots, which is about as fast as Pro Bowl running back Ezekiel Elliott .

So imagine an entire 100-yard football field moving as fast as the Cowboys star running back, and that's what Jones has in his fancy 360-foot yacht.

It's Named After His Wife

View this post on Instagram A post shared by BENROTSAP (@benrotsap_photography)

The state-of-the-art yacht has to have a name, and the 76-year-old Jones made sure to please his significant other before the credit card bill came in the mail. The new yacht is called Bravo Eugenia and named after Jones' wife, Gene Jones, according to the Fort Worth Star-Telegram .

The couple took the Bravo Eugenia out on a Christmas cruise in Scandinavia. Not too shabby for a maiden voyage.

How Much Does It Cost?

Jerry Jones’ draft room is on his $250 million super-yacht. Now that’s a super-flex. pic.twitter.com/ZJwgrUcehX — Don Van Natta Jr. (@DVNJr) April 24, 2020

You read that correctly. Jones paid more for this amazing vessel than he did for the Dallas Cowboys and not just by a small amount. Jones bought America's Team for $140 million back in 1989 and just took care of a $250 million price tag for Bravo Eugenia.

It's safe to say Jerry Jones is living his best life right now and it has nothing to do with bringing a Super Bowl back to Texas.

Inside the Yacht

A look inside Jerry Jones' $250 million, 357-foot yacht where he is currently drafting from. #NFLDraft https://t.co/FqyVHTuqAY pic.twitter.com/LcTcFYDVLh — Jeff Eisenband (@JeffEisenband) April 24, 2020

Fans got a glimpse of inside Jones' incredible yacht during the 2020 NFL Draft, and the interior design done by Reymond Langton Design was on full display.

The Cowboys owner drafted from inside the mega boat's "war room" while the draft went virtual on ESPN due to the coronavirus pandemic and COVID-19 outbreak. NFL fans on social media had a field day with this, of course.

It doesn't matter if Jerry Jones is taking his incredible yacht to Miami, New York or Seattle, it's guaranteed to be the biggest boat on the waters.

This article was originally published January 9, 2019.

MORE:  Who is Dak Prescott's New Model Girlfriend?

You might also like, falcons owner's new $180 million yacht will take your breath away, jerry jones' net worth: how oil, natural gas and the dallas cowboys made him billions, jerry jones first met his wife gene on a blind date, donald trump lost out on $8 billion by not buying the dallas cowboys.

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Cowboys owner Jerry Jones' new $250 million yacht is way more impressive than your yacht

Don't worry, your yacht is still fine.

Dallas Cowboys owner Jerry Jones is having himself quite a 2019 already. Not only are the Cowboys fresh off their first playoff win since 2014, but Jones also bought himself a $250 million yacht. Not too shabby, I guess.

If you're wondering what the hell a $250 million yacht even looks like, well ... look no further. Here's a very fancy video that gives you a good look at the exterior of the massive vessel. 

The 358-foot long boat looks more like a battleship than it does a weekend getaway vessel, but I guess that's the kind of flex you can make when your net worth is $6.8 billion. 

So what kind of features do you get with a $250 million yacht? According to the Washington Post , the ship boasts two helipads, a spa, gym, a beach club and more. It can accommodate 14 passengers in addition to 20 crew members.

It's worth noting that Jones paid more for the yacht than he did for the Cowboys back in 1989, even with inflation adjustment. The $150 million he paid for the team would be around $209 million today. Considering the Cowboys are now the most valuable sports franchise in the world with an evaluation of just under $5 billion, this boat has a lot to live up to. 

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Jerry Jones sets up Cowboys' NFL draft 'war room' on $250 million mega-yacht

With the NFL draft taking place virtually this year due to the COVID-19 pandemic, coaches across the league had the opportunity to show off makeshift draft rooms in their respective homes — and several, like Arizona Cardinals coach Kliff Kingsbury’s, were extremely impressive .

Dallas Cowboys owner Jerry Jones opted to lead his team through the first round of the draft not from his house, but from the water.

Jones and his family gathered on his massive $250 million yacht to select Oklahoma wide receiver CeeDee Lamb with the No. 17 overall pick, marking perhaps the biggest flex of the night.

Jerry Jones’ draft room is on his $250 million super-yacht. Now that’s a super-flex. pic.twitter.com/ZJwgrUcehX — Don Van Natta Jr. (@DVNJr) April 24, 2020

The 357-foot yacht, the Bravo Eugenia, reportedly cost Jones $100 million more than he purchased the Cowboys for in 1989. The vessel has a spa, sauna, steam room, massage room, plunge pool, a full gym and two helicopter pads. He sailed to Miami earlier this year on the boat for Super Bowl LIV, too .

Jones, who doubles as the team’s general manager, was reportedly going to be alone during the draft to follow social distancing guidelines — something that made Cowboys fans extremely nervous headed into the first round . He ended up having his family, including his son and director of player personnel Stephen Jones, by his side throughout the process.

Clearly, things worked out for Jones on Thursday night. And even though the virtual draft was an unusual one for everybody involved, the Jones family picked a comfortable spot to set up their “war room,” to say the least.

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Having a ball

Jerry jones buys $250 million superyacht that’s as long as a football field.

Jerry Jones, the high-flying billionaire owner of the Dallas Cowboys, lassoed one heck of a Christmas gift: a $250 million, helipad-equipped superyacht bearing the name of his wife.

Websites that cover the yachting industry report that Jones took delivery of a nearly 360-foot, Dutch-built yacht on December 20 somewhere in Scandinavia. It just so happens that the field at AT&T Stadium measures 360 feet in length. In other words, Jones’ new seagoing toy is, fittingly, as long as a football field.

Famed Italian yacht design firm Nuvolari Lenard drew up plans for Jones’ new vessel, with the United Kingdom’s Lateral Naval Architects assuming the naval architecture tasks and U.K. yacht specialist Reymond Langton Design handling interior design.

The superyacht is said to be the first yacht constructed in accordance with LIFE (Lengthened, Innovative, Fuel-efficient, Eco-friendly) standards. Dutch shipyard Oceanco built the hybrid-powered vessel.

Superyachts.com describes the design of the yacht as “dynamic, futuristic, and minimalist.” Nuvolari Lenard says the yacht’s exterior features “a stunningly sleek profile without sacrificing any interior space.”

Pascale Raymond, a partner at Reymond Langton Design, says in a November release from Oceanco that the firm “worked with artisans and craftsmen to create bespoke artworks, fabrics, and signature furniture pieces that all combine to create a warm, inviting environment on board for the [owner’s] family and guests.”

“The interior is a sophisticated, elegant, contemporary design that features light maple wood and white pearl lacquer with contrasting accents of walnut and ebony,” according to a December release from Oceanco.

Other highlights of the luxury ship include:

• A helicopter landing platform.
• A storage area for “water toys.”
• A spa with a sauna, steam room, massage room, “plunge” pool and “rain” shower.
• A lower-deck gym.
• A “beach club” described as “generous and luxurious.”

The yacht — named Bravo Eugenia after Jones’ wife, Eugenia (better known as "Gene") — reportedly can sail at a top speed of 17.5 knots, equivalent to about 20 mph. By the way, that’s also around the top speed of Cowboys running back Ezekiel Elliott.

Bravo Eugenia ’s cabins reportedly can accommodate an estimated 14 passengers and an estimated 20 crew members.

This vessel apparently replaces a Jones-owned yacht we told you about back in 2013 . At the time, the 290-foot yacht, named Nirvana , was up for sale with a price tag of about $300 million.

As of January 2019, Forbes pegged Jones’ net worth at $6.8 billion. The Cowboys, valued at $5 billion, account for the largest chunk of his fortune.

Meet "Bravo Eugenia."

We will not share or sell your email address., celebrity wedding, dallas cowboys cheerleader reece weaver unveils sweet wedding details.

Reece Weaver , a fan favorite on the hit Netflix series America's Sweethearts: Dallas Cowboys Cheerleaders , married her college beau Will Allman in a fairytale wedding - complete with a Disney touch.

The University of Alabama sweethearts wed in the bride’s home state of Florida on April 20, 2024. Despite the couple's posts of gorgeous photos on Instagram the last few months, the first behind-the-scenes details were reported by People magazine on August 9 (aka week one of Cowboys pre-season).

On America’s Sweethearts , Weaver was a DCC rookie known as a sweet Southern belle as devoted to her religious faith and her fiancé as she was to making the team. Her romance and engagement to Allman, her first boyfriend, was part of her story arc.

According to People , the ceremony took place outdoors at the Barn At Cottonwood Ranch in Callahan, Florida. Weaver walked down the aisle to a song from her favorite Disney movie, Tangled.

She wore a strapless A-line gown from The White Magnolia Bridal , while the groom wore a light blue suit in keeping with the event’s spring color palette.

In photos captured by Laura Perez Photography and published in People , Weaver and Allman can be seen exchanging vows before a large wooden cross adorned with flowers. According to People , they took Holy Communion as part of the ceremony, and the officiant offered prayers for them.

View this post on Instagram A post shared by Florida + Destination Wedding & Portrait Photographer (@lauraperezphotographyllc)

At the reception, the magazine says, their 250 guests feasted on Mission BBQ and two cakes - a tiered confection by Crème de la Cocoa and one in the shape of the Alabama's football field, where the couple met.

The wedding reportedly was attended by several fellow DCC cheerleaders, so naturally a performance of their iconic “Thunderstruck” routine took place later in the evening.

View this post on Instagram A post shared by Reece Weaver (@reece_christinee)

For more photos and details of the wedding, visit People .

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ULYSSES Yacht – World-class $250 Million Superyacht

The owner commissioned the extraordinary superyacht with Norway-based shipyard Kleven.

She features exterior designs from H2 Yacht Design and naval architecture Oscar Mike Limited and Marin Teknikk AS.

The fantastic explorer yacht was delivered in 2018, replacing the owner’s previous 107m superyacht, ANDROMEDA.

ULYSSES yacht interior

The striking interior of the ULYSSES Yacht features design from British company H2 Yacht Design .

ULYSSES has accommodation for 30 guests in 15 cabins across the expansive size of the yacht. The yachting experience is luxurious, with a crew of 48 accommodated in 24 cabin spaces.

She has five spacious decks and features a massive shaded pool area with a luxurious lounging area.

The ULYSSES yacht is loaded up with tenders, including a custom 21-meter Princess 68 yacht. She also features a helipad and hangar for her Bell 429 helicopter.

The helicopter is the perfect way to ferry guests on and off the vessel and explore the surrounding areas.

There is generous storage for large tenders, toys, and land vehicles. The Jacuzzi and sun pads are along the stern where guests can take in sweeping views.

ULYSSES features a large swimming platform that is the perfect spot for guests to relax beside the water and take a dip in the ocean.

The social areas are complemented by a wine bar, cinema, sauna, and a large gym for the many guests to make use of.

The exterior of the ULYSSES features rugged designs and was delivered to her owner in 2018.

The builder was Kleven Maritime AS from Norway and features naval architecture and exterior design from Oscar Mike Limited and Marin Teknikk AS .

Her imposing exterior features a dark blue hull in steel and a white superstructure in aluminum.

The incredible yacht has an impressive exterior that reflects the luxurious interior of the vessel. She was most recently refitted in 2020.

Specifications

The 116.15m ULYSSES has a beam of 18m and a draft of 5m. The vessel has a displacement of 6862 gross tons and a range of 8000 nautical miles.

She has 2 Caterpillar engines. Her top speed is 12 knots, and she reaches a cruising speed of 10 knots.

She is classed as an expedition vessel and is the largest expedition yacht in the world, overtaking LUNA Yacht’s position as number one. The $250 million superyacht has an annual running cost of $20 – $30 million.

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Superyachts are wreaking havoc on Mediterranean beaches because their dumped waste is washing ashore

A multi-million-dollar superyacht has been caught dumping waste off the coast of france, prompting a local mayor to call for a ban on massive yachts.

In This Story

Superyachts are causing a real ruckus in the Mediterranean these days. After a yacht commissioned by Apple founder Steve Jobs crashed into another ship last week, a town on the Mediterranean coast has now had to shut beaches as waste from multi-million-dollar yachts washes up on shore.

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Waste dumped from a $250 million yacht anchored off the coast of France forced the closure of beaches to protect the welfare of residents, reports local news outlet ActuNice . Authorities in Nice shut certain coastal resorts on August 11 as waste including oil slicks washed up on shore. The pollution came from the multi-million-dollar CC Summer superyacht, which was anchored off the French coast earlier in August.

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The yacht, which was previously known as Madsummer, is thought to have dumped waste into the Mediterranean sea on August 11. When the waste began washing up on shore, local authorities closed beaches and had to call for support from the fire services to clear up oil slicks left by the superyacht .

A second yacht, which has not been identified just yet, has been blamed for another closure of beaches along the Nice coast on August 2. Now, the town’s mayor has had it with billionaires leaving the planet in a mess for the rest of us to clean up and is calling for a ban on massive yachts mooring off the coast, according to a report from AutoEvolution :

In a recent announcement posted to social media, the city announces that a legal complaint has been filed with the competent authorities. The hope is that there will be some way to block this from ever happening again, Alain Lucas, the Mayor’s chief of staff, says for a local publication. The beaches are public and open to anyone, whether local or a tourist, and this could help keep them that way. “Enough is enough, we have to react,” Lucas says. He adds that firefighters also sounded the alarm on the presence of the oil slick near the coast.

The environmental impact of sea travel has been in the news a lot in recent years. Gargantuan cruise ships are an easy target for environmental campaigners as millions of tons of gray water are pumped into our oceans by cruise liners every year.

Smaller private yachts are much harder to monitor , however. Because of this, campaigners have argued that superyachts mean “rich are being held by different standards than the rest of the world,” reports AutoEvolution.

A version of this article originally appeared on Jalopnik .

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"Outrageous corporate greed" —

Ceo of failing hospital chain got $250m amid patient deaths, layoffs, bankruptcy, steward health care system, run by ceo ralph de la torre, filed for bankruptcy in may..

Beth Mole - Aug 20, 2024 9:20 pm UTC

As the more than 30 hospitals in the Steward Health Care System scrounged for cash to cover supplies, shuttered pediatric and neonatal units, closed maternity wards, laid off hundreds of health care workers, and put patients in danger, the system paid out at least $250 million to its CEO and his companies, according to a report by The Wall Street Journal .

The newly revealed financial details bring yet more scrutiny to Steward CEO Ralph de la Torre, a Harvard University-trained cardiac surgeon who, in 2020, took over majority ownership of Steward from the private equity firm Cerberus. De la Torre and his companies were reportedly paid at least $250 million since that takeover. In May, Steward, which has hospitals in eight states , filed for Chapter 11 bankruptcy.

Critics—including members of the Senate Committee on Health, Education, Labor, and Pensions (HELP)—allege that de la Torre stripped the system's hospitals of assets, siphoned payments from them, and loaded them with debt, all while reaping huge payouts that made him obscenely wealthy.

Alleged greed

For instance, de la Torre sold the land under the system's hospitals to a large hospital landlord, Medical Properties Trust, leaving Steward hospitals on the hook for large rent payments. Under de la Torre's leadership, Steward also paid a management consulting firm $30 million a year to "provide executive oversight and overall strategic directive." But, de la Torre was the majority owner of the consulting firm, which also employed other Steward executives. As the WSJ put it, Steward "effectively paid its CEO’s firm, which employed Steward executives, for executive management services for Steward."

In 2021, while the COVID-19 pandemic strained hospitals, Steward distributed $111 million to shareholders. With de la Torre owning 73 percent of the company at the time, his share would have been around $81 million, the WSJ reported. That year, de la Torre bought a 190-foot yacht for $40 million. He also owns a $15 million custom-made luxury fishing boat called Jaruco . The Senate Help Committee, meanwhile, notes that a Steward affiliate owned two jets, one valued at $62 million and a second "backup" jet valued at $33 million.

In 2022, de la Torre got married in an elaborate wedding on Italy's Amalfi Coast and bought a 500-acre Texas ranch for at least $7.2 million. His new wife, Nicole Acosta, 29, is a competitive equestrian who trains at a facility near the ranch. She competes on a horse that was sold in 2014 for $3.5 million, though it's unclear how much the couple paid for it. Besides the ranch, de la Torre, 58, owns an 11,108-square-foot mansion in Dallas valued at $7.2 million, the WSJ reported.

While de la Torre was living a lavish lifestyle, Steward hospitals faced dire situations—as they had for years. An investigation by the Senate HELP committee noted that Steward had shut down several hospitals in Massachusetts, Ohio, Arizona, and Texas between 2014 and this year, laying off thousands of health care workers and leaving communities in the lurch. It closed several pediatric wards in Massachusetts and Texas; in Florida, it closed neonatal units and eliminated maternity services. In Louisiana, Steward patients faced "immediate jeopardy."

“Third-world medicine”

In a July hearing , Sen. Bill Cassidy (R-La.), ranking member of the HELP Committee, spoke of the conditions at Glenwood Regional Medical Center in West Monroe, Louisiana, which Steward allegedly mismanaged. "According to a report from the Centers for Medicare and Medicaid Services, a physician at Glenwood told a Louisiana state inspector that the hospital was performing 'third-world medicine,'" Cassidy said.

Further, "one patient died while waiting for a transfer to another hospital because Glenwood did not have the resources to treat them," the Senator said. "Unfortunately, Glenwood is not unique," he went on. "At a Steward-owned Massachusetts hospital, a woman died after giving birth when doctors realized mid-surgery that the supplies needed to treat her were previously repossessed due to Steward’s financial troubles." The hospital reportedly owed the supplier $2.5 million in unpaid bills.

Additionally, the WSJ investigation dug up records that showed that a pest control company discovered 3,000 bats living in one of Steward's Florida hospitals. In Arizona, a Phoenix-area hospital was without air conditioning during scorching temperatures, and its kitchen was closed for health-code violations. The state ordered it to shut down last week.

"Dr. de la Torre and his executive teams’ poor financial decisions and gross mismanagement of its hospitals is shocking," Cassidy said. "Patients’ lives are at risk. The American people deserve answers."

Senate HELP Committee Chair Bernie Sanders (I-Vt.) went further, saying that the US health care system "is designed not to make patients well, but to make health care executives and stockholders extraordinarily wealthy. ... Perhaps more than anyone else in America, Ralph de la Torre, the CEO of Steward Health Care, epitomizes the type of outrageous corporate greed that is permeating throughout our for-profit health care system."

Sanders lamented how de la Torre's payouts could have instead benefited patients and communities, asking: "How many of Steward’s hospitals could have been prevented from closing down, how many lives could have been saved, how many health care workers would still have their jobs if Dr. de la Torre spent $150 million on high-quality health care instead of a yacht, two private jets and a luxury fishing boat?"

On July 25, the committee voted 16–4 to subpoena de la Torre so they could ask him such questions in person. To date, de la Torre has refused to voluntarily appear before the committee and declined to comment on the WSJ report. The committee's vote marks the first time since 1981 that it has issued a subpoena.

Separately, Steward and de la Torre are under investigation by the Department of Justice over allegations of fraud and corruption in a deal to run hospitals in Malta .

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The 5 tragic minutes that sank a superyacht

PORTICELLO, Italy — Survivors of a storm that sank a superyacht off the coast of Sicily recounted their ordeal to one of the doctors who rushed to their aid, with some saying it took mere minutes for the 180-foot ship to go down. 

Dr. Fabio Genco, head of the Palermo Emergency Medical Services, told NBC News on the phone Thursday that he arrived in the seaside village of Porticello before dawn Monday, about an hour after the $40 million Bayesian sank in the violent and sudden storm.   

Of the 22 people onboard, 15 survived despite storm conditions and darkness, climbing onto a lifeboat before being rescued by a nearby sailboat. The crew members have made no public statements so far, though some have been interviewed by investigators.

“They told me that it was all dark, that the yacht hoisted itself up and then went down,” Genco said, recounting what the survivors told him. “All the objects were falling on them. That’s why I immediately made sure, by asking them questions, if they had any internal injuries,” he said. 

It appears they had just minutes to abandon the sinking ship, Genco said. 

“They told me that suddenly they found themselves catapulted into the water without even understanding how they had got there,” he said, “And that the whole thing seems to have lasted from 3 to 5 minutes.”

Giovanni Costantino, CEO of The Italian Sea Group, which owns Perini Navi that built the Bayesian, told Sky News that there were no flaws with the design or construction of the yacht. He said their structure and keel made boats like that “unsinkable bodies.”

In an interview with the Italian newspaper Corriere della Sera, he disavowed responsibility, blaming instead the actions of the crew. “Mistakes were made,” he said. 

Genco said one of his colleagues who arrived at the scene before him initially thought that only three people survived, but the coast guard reported there were other survivors and more emergency services were called in. 

When Genco arrived, he found scenes of panic and despair. 

“Unfortunately, we are used to such panic scenes because we are used to the shipwrecks that happen on Lampedusa ,” Genco said, referring to the island southwest of Sicily, where the wreckage of boats carrying migrants on the sea journey from North Africa to Italy are often found . 

Six of the passengers were declared missing Monday, and by Thursday, the bodies of five had been recovered from the wreck , some 160 feet underwater.

Among those who survived is Angela Bacares, wife of the British tech mogul Mike Lynch , whose body was recovered Thursday. 

Another survivor has been identified as Charlotte Emsley, 35. She told the Italian news agency ANSA that she had momentarily lost hold of her year-old daughter, Sofia, in the water but managed to retrieve her and hold her over the waves until a lifeboat inflated and they were pulled into safety.

Dr. Domenico Cipolla at the Di Cristina Children’s Hospital in Palermo is also part of a team of medical professionals treating the shipwreck survivors. He told the BBC on Wednesday that Emsley and her daughter, as well as the father of the child, who Cipolla said also survived, are continuing to receive psychological help. 

“Psychological support was constant and is constant even today, because basically it is the wounds of the soul that are the most in need of healing in these cases,” Cipolla said.

Genco also told NBC News that he was especially concerned about the child. “She did not understand anything. She was soaking wet and cold,” he said. 

Karsten Borner, the Dutch captain of the Sir Robert Baden Powell, a yacht that was anchored near the Bayesian, said by phone Wednesday that he saw a thunderstorm come in at around 4 a.m. local time (10 p.m. ET) Monday, followed by what looked like a waterspout, a type of tornado that forms over water. 

The International Centre for Waterspout Research noted on X that there was a “waterspout outbreak” off the coasts of Italy on Monday, the day the Bayesian sank. 

“I turned on the engine and made maneuvers so that we wouldn’t collide with the Bayesian, which was anchored about 100 meters from us,” Borner said. “Then all of a sudden it disappeared. Then the wind calmed down, we looked around, and saw a red flare.”

Borner said he got into his boat’s tender and saw a life raft with 15 people on it. Members of the crew were administering first aid. 

“I don’t know why it sank so quickly, but it may have something to do with the mast which was incredibly long,” he said. Questions have been raised about whether the mast was to blame for the accident as tall masts, even with the sails down, have more surface area exposed to the wind, which can contribute to tipping a vessel in a storm.

The CCTV footage that emerged Tuesday showed the yacht’s 250-foot mast, believed to be one of the tallest aluminum sailing masts in the world, lashed by the storm as it appears to tilt to one side before disappearing.

Claudia Rizzo is an Italy based journalist.

Claudio Lavanga is Rome-based foreign correspondent for NBC News.

Yuliya Talmazan is a reporter for NBC News Digital, based in London.

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Mike Lynch's yacht was state-of-the-art and shouldn't have sunk so easily, search-and-rescue expert says

The tech tycoon Mike Lynch died in a yacht sinking near Palermo, Italy.

An investigation is underway, with experts questioning how the state-of-the-art yacht sank.

One expert said the $40 million yacht should have been "unsinkable."

A search-and-rescue expert said the superyacht disaster that killed Mike Lynch was difficult to comprehend — because the vessel never should have sunk.

Lynch, a British tech tycoon, was celebrating his fraud acquittal with friends and family when the 183-foot ship sank during stormy weather near Palermo, Italy.

Of the 22 people on board, six people, including Lynch, have been confirmed dead.

Fifteen people, including Lynch's wife, were rescued. Lynch's 18-year-old daughter remained unaccounted for as of Thursday afternoon local time.

An investigation into the cause of the tragedy is underway.

'Unsinkable'

Matthew Schanck is a maritime search-and-rescue consultant with 14 years of experience. He told Business Insider that his reaction to the sinking was "disbelief."

When the news of the sinking broke, Schanck said he envisioned a far smaller ship — "some sort of 40-foot yacht with a couple on board."

"That wouldn't have been as unusual or extraordinary," he said.

"It was really shocking," he added. "But what's more shocking is the fact that it's a modern, state-of-the-art superyacht, which would have been commercially certified and regulated by the Maritime Coastguard Agency."

Schanck previously told BI there was no indication that the ship breached "any international maritime construction or safety standards."

The superyacht was worth $40 million, The New York Times reported .

Giovanni Costantino is the CEO of the Italian Sea Group, which built the yacht. Speaking with Sky News, Costantino said the sinking sounded "like an unbelievable story, both technically and as a fact."

"Sailing ships, it is well known, are the safest in the most absolute sense," he said. They tend, he said, to be "unsinkable."

Though the cause of the sinking has not been established, authorities confirmed a strong storm had been in the area.

Witnesses told BBC News they saw a waterspout — an uncommon tornadolike column of wind and water — before the ship went down.

"This tends to have been the accepted theory, that the vessel was hit by a waterspout and the crew didn't see it coming because it was nighttime and dark," Schanck said.

He said that while this scenario made sense, it's not clear how witnesses would have noticed a waterspout if the crew didn't.

Speaking with the Times, Costantino said the ship had the second-tallest aluminum mast in the world, which made it safe and secure.

However, he said that if any of the doors had been open during the storm, it could have taken on water more easily.

Correction: August 22, 2024 — An earlier version of this story misspelled the surname of the search-and-rescue consultant. It's Schanck, not Schank.

Read the original article on Business Insider

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Mike Lynch, recently acquitted in HP-Autonomy fraud case, is missing after yacht capsized off Sicily (updated)

Mike Lynch, the investor and high-profile founder of U.K. tech firm Autonomy, has been declared missing at sea after the yacht he was on, the Bayesian, capsized in a storm off the coast of Sicily early Monday morning. Lynch's wife, Angela Bacares, is one of the 15 who have been rescued. The news is a dramatic, tragic development for one of the more colorful, and sometimes controversial, figures in technology out of the U.K.

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Inside the luxury £30m yacht that sank in Italy with billionaire Mike Lynch on board

The bayesian yacht that sank off the coast of sicily on monday was once one of the most luxurious vessels in the world.

Joshua Nair

The luxurious yacht that sank off the coast of Sicily on Monday was once a multi-award winner for its sharp interior design.

In the early hours of Monday (19 August) morning, the sailing ship known as the Bayesian capsized and sank when a storm hit the coast of Sicily.

At the time, it was carrying 12 passengers along with 10 crew members.

It has been confirmed this morning that five of the six missing bodies have been recovered, including that of British billionaire Mike Lynch, 69 .

Chef Recaldo Thomas has also been confirmed dead, as only 15 of the 22 passengers made it onto a lifeboat before being discovered by a fellow ship.

The 184 feet (56 metre) superyacht was sold to Dutch real estate developer John Groenewoud for almost $40 million (£30.4 million), before being bought by Lynch's wife, Angela Bescares, who survived on Monday, for around £27 million in 2014.

Previously called Salute, the vessel was British -flagged and boasted the tallest aluminium mast in the world when it was built in 2008, which stood at 72 metres, winning it the award of 'best exterior styling' at the 2009 World Superyacht Awards, according to The Telegraph.

The stunning interior included a number of sleek, luxurious furnishings created by Remi Tessier, a yacht design specialist.

This also earned the vessel a number of awards, having received acclaim through its masterfully designed master bedroom, three double and two twin bedrooms, which accommodated 12 guests.

The superyacht had dark wood furnishings that were complimented by beige sofas and a deck that featured a large canvas to keep guests cool while at sea in the summer.

There were more intricate details onboard too, with thin brown pillars and intricate terracotta sculptures adding some Japanese culture to the ship's styling.

The Bayesian went on to win best interior at the International Superyacht Society Awards in 2008, while also being voted as one of the best large sailing yachts at the 2009 World Superyacht Awards.

Currently owned by Revtom, a company that lists Bacares as its legal owner, the yacht's name comes from a statistical model called 'Bayesian', which helps financial investors calculate risk.

This was Lynch's Ph.D. subject, which would help him to build his multi-billion pound empire in the future.

Operated by Camper & Nicholsons, the superyacht had twin 965 break horsepower engines, which has a range of 3,600 nautical miles at around 14-17 mph.

Following the tragic accident involving those onboard the Bayesian on Monday, a number of people linked to those who have gone missing have offered words of hope and support in the search for their bodies.

A friend of Lynch, Brent Hoberman, told Sky News they were 'all hoping for a miracle'.

"We knew it was unlikely but you still hold out hope," he said. "It's just so unbelievably tragic for him to go through what he went through over the last 12 years, defending his name and not really living a full life, to now for his death to be confirmed is obviously incredibly sad."

Topics:  World News , Travel , UK News

Joshua Nair is a journalist at LADbible. Born in Malaysia and raised in Dubai, he has always been interested in writing about a range of subjects, from sports to trending pop culture news. After graduating from Oxford Brookes University with a BA in Media, Journalism and Publishing, he got a job freelance writing for SPORTbible while working in marketing before landing a full-time role at LADbible. Unfortunately, he's unhealthily obsessed with Manchester United, which takes its toll on his mental and physical health. Daily.

@ joshnair10

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• 'British Bill Gates' Mike Lynch one of four Brits missing after £14m yacht sank off coast of Italy
• Brother of missing billionaire on yacht says missing people could still be alive due to 'air pockets'
• 'British Bill Gates' co-defendant in US trial died after being hit by car days before yacht sank