jeff bezos yacht current location

Yacht, IMO 9857298

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The current position of KORU is at West Mediterranean reported 5 days ago by AIS. The vessel KORU (IMO 9857298, MMSI 319225400) is a Yacht built in 2023 (1 year old) and currently sailing under the flag of Cayman Islands .

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Map position & weather, recent port calls, vessel particulars.

KORU current position and history of port calls are received by AIS. Technical specifications, tonnages and management details are derived from VesselFinder database. The data is for informational purposes only and VesselFinder is not responsible for the accuracy and reliability of KORU data.

Jeff Bezos’ Koru sailing yacht has finally arrived in the US, and it’s so enormous that it did not fit next to other superyachts at the Port of Everglades. The $500 million vessel was finally docked next to gigantic oil tankers at the South Florida seaport.

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

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

By Lola Fadulu

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

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

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

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

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

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

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

Bloomberg estimated his net worth to be $171 billion.

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

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

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

Jack Begg contributed research.

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

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Koru is a 127-metre sailing yacht currently delivered from Oceanco in the Netherlands. Reportedly commissioned for Amazon founder Jeff Bezos , the superyacht is a three-masted schooner built with a steel hull and aluminium superstructure. The yacht is the world’s largest sailing yacht and the longest yacht built in the Netherlands. The yacht was constructed at Oceanco’s Alblasserdam facilities and later moved to Rotterdam where she waited to complete sea trials at a dock in Eemhaven.

The yacht was delivered to Mallorca in April 2023. The price of Koru has never been disclosed. She is expected to have a gross tonnage of 3300 GT. The yacht is powered by kinetic energy generated by the sails, but like most sailing yachts, she will have engine power as well.

She will join five other Oceanco yachts measuring over 100 metres and ten other superyachts built in the Netherlands measuring over 100 metres.

Koru main features

Koru has a navy hull, red bootstripe, and double-deck wooden coach house. Her profile is characterised by a long bowsprit and a classic canoe stern which will provide enhanced privacy while the yacht is in port. There is also a sizeable dip pool visible on the aft, as well as a crow’s nest on the mizzenmast.

Koru and the De Hef bridge

In 2021, the yacht was the subject of considerable controversy when it emerged that the historic Koningshaven Bridge, also known by the name De Hef, would need to be dismantled to allow the masts to pass under. However, in August 2022, one of the yacht’s masts was seen being transported along the Nieuwe Maas to be stepped elsewhere and the bridge remained untouched. The height of the mainmast is thought to be between 65 and 85 metres.

Koru's secondary yacht

Koru will be accompanied by a support vessel which is thought to be built by Damen Yachting, another Dutch yachtbuilder, which specialises in ocean-going shadow vessels and explorer yachts This yacht will be used to carry toys, tenders and additional crew.

In 2019, there were a number of rumours speculating that Lürrsen’s 136 metre Flying Fox was built for Jeff Bezos; however an Amazon spokesperson refuted the claims.

About KORU , brought to you by BOAT Pro

KORU, a 125.82 m Sail Yacht built in Netherlands and delivered in 2023, is the flagship of Oceanco .

Her power comes from two MTU diesel engines. She can accommodate up to 18 guests in 9 staterooms, with 36 crew members. She has a gross tonnage of 3493.0 GT and a 16.95 m beam.

She was designed by Dykstra Naval Architects , who has designed 20 other superyachts in the BOAT Pro database.

The naval architecture was developed by Lateral Naval Architects (5 other superyachts architected) and Dykstra Naval Architects (28 other superyachts architected), and the interior of the yacht was designed by Mlinaric, Henry & Zervudachi , who has 4 other superyacht interiors designed in the BOAT Pro database - she is built with a Teak deck, a Steel hull, and Aluminium superstructure.

KORU is in the top 5% by LOA in the world. She is one of 4 sailing yachts longer than 100m.

KORU is currently sailing under the Cayman Islands flag, the 2nd most popular flag state for superyachts with a total of 1366 yachts registered. She is currently located at the MB92 refit yard, in France, where she has been located for 2 weeks. For more information regarding KORU's movements, find out more about BOAT Pro AIS .

Specifications

• Yacht Type: Sail Yacht
• Yacht Subtype: Classic Styled Yacht
• Builder: Oceanco
• Naval Architect: Lateral Naval Architects , Dykstra Naval Architects
• Exterior Designer: Dykstra Naval Architects
• Interior Designer: Mlinaric, Henry & Zervudachi

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

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

Digital Editor

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

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

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

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

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

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

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By Nina Done   15 December 2022

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

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

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

World yacht rankings

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

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

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

Design inspiration

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

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

Kinetic energy technology

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

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

Tenders and toys

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

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

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

When is sailing yacht KORU expected to be delivered?

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

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

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63m Holland Jachtbouw 2010 / 2023

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Jeff Bezos’ Magnificent KORU Yacht and ABEONA Support Vessel

The KORU yacht is a 127 meter sailing yacht built in the Netherlands by Oceanco and delivered in 2023. She was designed by Dykstra Naval Architects with the the interior of the yacht designed by Mlinaric, Henry & Zervudachi.

In the world of luxury yachting, few names command as much attention as Jeff Bezos, the founder of Amazon and one of the richest individuals on the planet.

Bezos’ affinity for the sea and his penchant for exploration have materialized in the form of the breathtaking sailing yacht KORU and its companion, the support vessel ABEONA.

Commissioned from renowned shipbuilders Oceanco and Damen Yachting, respectively, these vessels are not only a testament to Bezos’ wealth but also a celebration of Māori culture and innovation in yacht design.

The Marvel of Modern Yacht Design: KORU Yacht

The KORU yacht, also known as Y721, is a masterpiece crafted by the acclaimed Oceanco shipyard. With a remarkable length of 127 meters (417 feet), the yacht exudes luxury and grandeur in every aspect. Launched in April 2023, KORU stands as a tribute to Māori art and culture, as evident from its name and styling.

The Māori word “koru” signifies a loop or coil, symbolizing new life, growth, strength, and peace. This symbolism resonates throughout the vessel, creating an immersive experience that pays homage to the essence of Māori art.

Inside the KORU yacht, guests are treated to a world of unparalleled luxury. The yacht boasts a large swimming pool on the aft deck, inviting guests to bask in the sun while surrounded by the beauty of the open sea.

Accommodating up to 18 guests and serviced by a crew of approximately 40, KORU offers a perfect balance between privacy and service.

The yacht’s interiors are a testament to meticulous design and craftsmanship, with each detail meticulously chosen to provide the highest level of comfort.

The Symbolism of KORU’s Name

The choice of the name “KORU” for the yacht holds deep significance. In Māori culture, the koru symbolizes new beginnings, growth, and the cycle of life.

It is often represented as an unfolding fern frond, embodying the concepts of renewal and continuous movement. Jeff Bezos, in an Instagram post , highlighted the symbolism behind the name, showcasing his embrace of growth, rebirth, and mindfulness.

ABEONA: The Perfect Companion

No luxury yacht is complete without a support vessel that complements its grandeur. Enter ABEONA, a 75-meter (246-foot) support vessel commissioned by Jeff Bezos.

Built by Damen Yachting, ABEONA serves as the perfect adjunct to the KORU yacht. This custom-built vessel carries all the toys, tenders, and equipment needed to enhance the yachting experience.

With a large helicopter hangar and the capacity to accommodate 45 staff, crew, and guests, ABEONA stands as an indispensable asset to the main yacht.

The Visionary Behind the Vessels: Jeff Bezos

With a staggering net worth of $160 billion, Jeff Bezos is not only a pioneer in the world of e-commerce but also a visionary with a passion for the sea.

The commissioning of the KORU yacht and the ABEONA support vessel reflects Bezos’ love for exploration and his desire to embrace the vastness of the ocean.

Bezos’ affinity for the sea is also reflected in his ownership of a Gulfstream G650ER private jet, showcasing his penchant for luxury both in the air and on the water.

Oceanco: The Pioneers of Luxury Yacht Building

The Oceanco shipyard has carved a name for itself as a pioneer in the luxury yacht industry. Established in 1987, Oceanco has consistently pushed the boundaries of design, craftsmanship, and innovation.

KORU, with its classic schooner design, stands as a testament to Oceanco’s commitment to creating vessels that are not only luxurious but also artistically inspired.

KORU yacht summary

The KORU yacht and its companion ABEONA support vessel stand as testaments to Jeff Bezos’ love for the sea, his appreciation for Māori culture, and his affinity for luxury and exploration.

These vessels, crafted with precision by Oceanco and Damen Yachting, redefine the boundaries of yacht design and innovation.

As Jeff Bezos embarks on journeys of discovery aboard these vessels, he continues to inspire awe and admiration among yachting enthusiasts and the world at large.

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Look at this really big boat that may or may not be Jeff Bezos' new superyacht

• We may have gotten our first look at Jeff Bezos' new superyacht.
• The 417-foot vessel was photographed rolling out of a shipyard in the Netherlands. 
• Bezos' yacht will become the world's largest sailing yacht once completed.

We may have just gotten our first glimpse at Jeff Bezos' new superyacht. 

New photos and videos surfaced over the weekend of a 417-foot yacht rolling out of a shipyard in Zwijndrecht, Netherlands. According to yachting publication Boat International , the vessel is known only as Y721 and is being built by Oceanco, a Dutch shipbuilder known for producing some of the world's largest and most luxurious ships.

The massive vessel is still unfinished, but photos published by Boat International and Daily Mail show a ship with a black hull and multiple decks. The project will be completed in 2022 and will become the largest sailing yacht in the world, Boat International reports. 

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A spokesperson for Oceanco did not immediately respond to Insider's request for comment, but the company told Boat International that it "values the privacy and confidentiality of all our clients and prospective clients and therefore does not comment on our involvement or non-involvement in specific projects."

Journalist Brad Stone was the first to report that Bezos had commissioned his own custom yacht. According to Stone's book, "Amazon Unbound," the Amazon founder commissioned a three-mast ship with several decks that's expected to be "one of the finest sailing yachts in existence." 

In addition to the ship, Bezos has reportedly commissioned a second, smaller, "support yacht" that will include its own helipad. Bezos' girlfriend, Lauren Sanchez, is a helicopter pilot and Stone reported that Bezos has also taken flying lessons.

The entire project will cost $500 million, according to Auto Evolution . 

A video posted on YouTube by Guy Fleury, a Dutch photographer and videographer, shows an aerial view of what is reportedly Bezos' yacht: 

While massive yachts are often  an accessory of the mega-rich , Bezos, who is the second-richest person in the world with a fortune worth $193 billion , hasn't previously had a boat of his own. A viral photo in 2019 claimed Bezos was the owner of  a $400 million yacht known as the Flying Fox, but Amazon has denied that the ship belongs to Bezos.

Bezos does appear to be a fan of yacht travel, however. Throughout the summer of 2019 , he and Sanchez were spotted aboard multiple yachts belonging to their high-profile friends: first, entertainment mogul David Geffen's Rising Sun, and then fashion designer Diane von Furstenberg's schooner, Eos. And in February, Bezos and Sanchez were spotted aboard another yacht in Cabo San Lucas, Mexico .

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• Nation & World

Bezos’ too-tall $500 million superyacht finally at sea

Jeff Bezos should have his new superyacht in time for the summer.

The 417-foot Koru left a shipyard in the Netherlands last week and anchored Wednesday off the coast of Spain near Mallorca, where it’s undergoing tests.  

The Koru’s excursion is part of the sea trials where an owner puts the boat through its paces to make sure everything is working properly, according to a person familiar with its travels, who requested anonymity discussing private matters. It could return to the shipyard for final tweaks before being delivered.

The three-masted superyacht is estimated to have cost the Amazon founder more than $500 million. Bezos, 59, is the world’s third-richest person with a fortune of $126.2 billion, according to the Bloomberg Billionaires Index.

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• Yacht reportedly built for Jeff Bezos too big for Dutch bridge (February 2022)
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• Rotterdam will not dismantle bridge to allow Bezos’ superyacht through (July 2022)

Previously known as Y721, the ship is now registered as Koru and is flying under a Cayman Islands flag. It’s the largest sailing yacht afloat, according to Boat International, and one of the biggest to be built by Alblasserdam, Netherlands-based Oceanco.

An Amazon spokesperson didn’t respond to a request for comment.

The superyacht’s size has caused a number of headaches for Bezos and its builders. The height of its masts was originally going to force the city of Rotterdam to dismantle a historic steel bridge, De Hef, for the boat to be able to make it to the ocean. 

City officials initially agreed to temporarily take apart the bridge’s central section, but Oceanco ended up retracting the request amid public outcry. The shipbuilder eventually towed the vessel out to sea without its masts. 

The size of the sails also meant that the yacht couldn’t have a helipad on board. Instead, Bezos and his helicopter pilot partner Lauren Sanchez will rely on a support boat, which is currently crossing the Atlantic with a destination of Gibraltar, according to vessel-tracking data.

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Jeff Bezos and the secretive world of superyachts

• Published 14 May 2021

News that Jeff Bezos has bought a "superyacht" has revived interest in the secretive world of the uber-rich globetrotters who enjoy these ultimate status symbols. Experts say the superyacht industry has been booming for years, even during the global economic slowdown caused by the pandemic.

Jeff Bezos, the founder of Amazon and the world's richest man, has seen his personal wealth roughly double since 2017, helped by his wallet ballooning last year as more people than ever turned to online shopping.

It's not just Bezos. Many of the world's wealthiest have seen their fortunes accumulate in recent years.

And through it all, shipyards have continued turning out mega yachts that experts say are growing larger as they gain in popularity. According to experts and brokers, 2020 saw more yachts sold than ever before, with 2021 set to again break sales records.

What do we know about Bezos' yacht?

The 417ft (127m) vessel is being built in the Netherlands by Oceanco, according to a new biography of Bezos by Bloomberg News.

It is estimated to cost about $500m (£350m), a drop in the ocean for the world's richest man, whose wealth at one point jumped $13bn in a single day in 2020. His estimated net worth now stands at nearly $200bn.

That price tag does not include a smaller motorised "support yacht" that Bezos also plans to buy. The smaller yacht features a helicopter landing pad - Bezos' girlfriend, TV host Lauren Sanchez, is a trained helicopter pilot.

The main yacht is unable to support its own helipad due to the three sailing masts on its deck.

The smaller yacht is also expected to be loaded with other goodies, such as cars, luxury speedboats , and probably even a submarine, experts say.

The highly secretive superyacht project, known as Y721, is due to be completed sometime next month, according to Bloomberg. It's likely that Bezos' order was placed several years ago, since custom-made ships like this can take around five years to build.

Oceanco, the Dutch yacht maker, has not commented on the project. They previously built the 350ft Black Pearl, the second largest sailing yacht in the world.

What is a superyacht?

There's no official definition of a superyacht (versus a regular yacht), but in the industry the term generally refers to a yacht that is over 74ft long.

Some dispute that definition, saying the term superyachts applies to ships over 200ft long. Some brokers have even taken to the term "gigayacht" to refer to ships longer than 300ft.

"It's all a little bit of marketing," says Bill Springer, who writes about the yachting industry for Forbes magazine.

Bezos' yacht, coming in at over 400ft, is almost as big as the Great Pyramid of Giza (if the vessel was laid out vertically). It's just under half as long as the Eiffel Tower.

Only a few jumbo superyachts like the Bezos vessel are completed each year, but high-profile projects are often done with such secrecy that builders are required to sign non-disclosure agreements.

Therefore it's unlikely that we'll ever know if Bezos copied the decorative flairs of Russian oligarch and fellow yachtsman Andrey Melnichenko, who lined a spiral staircase on one of his yachts with scalloped, silver-leaf walls .

How is the yacht industry doing?

The industry has been growing rapidly over the past 20 years.

According to the US National Marine Manufacturers Association, boat sales reached a 13-year high in 2020, reflecting how people were turning to the water for safe, socially distanced activities during lockdowns.

"The market's been absolutely roaring," says Sam Tucker, head of superyacht research at market intelligence firm VesselsValue. "There's been a record number of transactions done, and that trend is being sustained even until now."

The market for used yachts has also "just been nuts", he says. "The market is just red hot."

According to Tucker, there are 9,357 yachts over 65ft long that are currently on the seas - meaning those that have not sunk or that are being maintained on land.

About 85% of those are motorised and 15% are sailing yachts like the one Bezos has ordered.

Fewer yachts were chartered in 2020, Tucker says, which he attributes to pandemic travel restrictions preventing normal tourism activities.

Sales dropped for a few weeks as lockdown orders hit the US last year, but then immediately skyrocketed.

In June "it was like someone flipped a switch" as orders started rapidly coming in, says Bob Denison, who's been a yacht broker in Fort Lauderdale, Florida, since 2001.

"There's been nothing like it before," he says. "The amount of demand is two or threefold more than I've ever seen."

Denison's company sold 1,008 vessels in 2020 - a 35% uptake from the previous year. He is currently on track to see another 30% increase in 2021.

About 65 of those he sold in 2020 were superyachts. So far this year about 40 superyachts have been sold, meaning about 2.2 superyachts have been sold by his company per week since January.

Demand has totally outstripped supply, says his colleague Ben Farnborough, who adds that it's getting much harder now to find used boats for them to sell.

Farnborough hopes that the easing of coronavirus travel restrictions will soon make it possible to travel to Europe to source more second-hand yachts to sell in the US.

Who buys a superyacht?

The vessels are often bought by corporations and are then rented out by the company's owner, making it difficult to say for certain which yachts are owned by whom.

At famous ship-building ports, such as the one in the Netherlands where Oceanco is located, hobbyists will try to spot private airplane tail numbers in an effort to determine which billionaires have come to visit their future yacht.

Privacy is the whole point of owning a yacht, says Tucker, who calls it an "opaque industry". Mark Zuckerberg and Bill Gates, fellow tech billionaires, are rumoured to have yachts.

"These are very private assets and one of the reasons they're bought is for privacy," says Tucker. The privacy also offers security protections, not an insignificant consideration for the richest people in the world.

But despite the booming popularity, the ultra-rich may want to keep their newest toys extra private these days.

After Hollywood billionaire David Geffen posted online about being "isolated" on his yacht in a tropical paradise and hoping everyone else was "staying safe" during the pandemic, he was swiftly trolled by land-dwellers.

"Did David Geffen just give everyone the middle finger?" one Instagram user posted in reaction to Geffen's not-so-humble brag.

Why are they so expensive?

Yachts offer "true exclusivity," says Springer, who likens them to owning a private island or building a personalised city from scratch.

"Back in the Renaissance, rich patrons would pay - in current money - millions of dollars to build cathedrals," he says.

"And they were the most beautiful and they had the finest artisans, and they were the most spectacular projects of their day. And it was a lot of 'Hey I'm really rich and I'm gonna do this really amazing stuff with my money'."

"So superyachts are very similar in that regard."

They're getting more comfortable too, and are going to places beyond the "classic glamour ports" like Monaco, Springer says. People are now taking them to more exotic and far-flung locations, such as Antarctica and Papua New Guinea, as owners find that they are more than just status symbols.

The finest superyachts are custom-made, with the global craftsmen addressing every single detail for the tastes of the world's most rich and elite.

They can take years to build. A yacht as big as Bezos' probably involved about 400 workers and designers, estimates Farnborough. When completed, it will probably need about 60 people to crew it.

Annual operating costs amount to about 10% of the purchase price, says Tucker from VesselsValue. High oil prices and the potential for further lockdowns could lead to more used yachts hitting the market over the coming years, he estimates.

What else costs as much as a superyacht?

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If you want this mega yacht, complete with its marble-clad bar, it can be yours for $45m

Bezos bought the Washington Post newspaper in 2013 for just $250m - so about half the cost of his new superyacht.

A painting by artist Jean-Michel Basquiat is currently on auction in New York for a low estimate of $145m. There's also a Claude Monet painting going for about $350m.

Virgin Galactic has been pre-selling tickets into space for between $200,000 to $250,000 in recent years as they prepare for their first commercial launch.

But if you're Jeff Bezos, there's no need to book a ticket. Bezos, who is behind the space venture Blue Origin, could fly on his own rocket ship.

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

By Shivani Vora

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

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

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

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

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

The Flying Fox , allegedly owned by Bezos.

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

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

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Writing by Lisa Shumaker; Editing by Daniel Wallis and Bill Berkrot

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Lisa's journalism career spans two decades, and she currently serves as the Americas Day Editor for the Global News Desk. She played a pivotal role in tracking the COVID pandemic and leading initiatives in speed, headline writing and multimedia. She has worked closely with the finance and company news teams on major stories, such as the departures of Twitter CEO Jack Dorsey and Amazon’s Jeff Bezos and significant developments at Apple, Alphabet, Facebook and Tesla. Her dedication and hard work have been recognized with the 2010 Desk Editor of the Year award and a Journalist of the Year nomination in 2020. Lisa is passionate about visual and long-form storytelling. She holds a degree in both psychology and journalism from Penn State University.

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