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Which models do Y Yachts produce?

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Yachting World

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Yachting World cover

Y Yachts’ Y7 review: This powerful carbon cruiser is guaranteed to excite

  • Toby Hodges
  • March 5, 2020

Michael Schmidt’s powerful new Y7 combines genius ideas with a keep-it-simple theme, says Toby Hodges

Product Overview

Manufacturer:.

What is your idea of simple sailing? To a wooden yacht enthusiast it may be the pleasure of hand hoisting and trimming sails via block and tackle alone, where an owner of a modern glassfibre yacht might baulk at the amount of upkeep timber demands and prefer the ease of push button sailing.

Others might look back whimsically to their youth and the joy of simply dragging a dinghy down the beach and sailing without any maintenance or financial woes.

Michael Schmidt ’s latest creation is his solution to simple sailing at the luxury end of the scale. The decorated sailor who founded Hanse Yachts believes in a keep-it-simple philosophy with his models, which you may find hard to believe when looking at this new 70-footer and the levels of technical complexity that must lie beneath its carbon fibre/epoxy skins.

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We tested the Y7 off Mallorca in 7-12 knots. Photo: Nico Krauss

But having sailed the Y7 in precisely the light wind conditions for which it was designed, and felt the thrill of helming a perfectly balanced, potent and contemporary fast cruiser, I can vouch that it does have a theme of simplicity, which becomes dangerously enticing.

“Sailing fun is made possible by a simple ship that has been reduced to the bare essentials without sacrificing comfort,” Schmidt believes. We’re not talking a yacht stripped to engineless minimalism here. The Y7 is, to all intents and purposes, a scaled-down superyacht , which has been kept approachable, performance-oriented and comparatively easy to manage.

I quote Schmidt not simply because he is the founder of the company, but because he is a veteran boatbuilder, sailor and visionary of the industry. Having built up and then sold Hanse Yachts, and extensively cruised its largest model at the time, the 630e, he searched fruitlessly for a larger, lighter boat that could better harness the softer breezes typically found in the Mediterranean.

Article continues below…

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Video: the Brenta 80DC, Hanse founder Michael Schmidt’s ultra fresh carbon cruiser

From the eye-catching paintjob to the novel deck design, to the sensational interior and the full carbon build, the Brenta…

Advanced-yachts-A80-test-running-shot-credit-carlo-borlenghi

Advanced Yachts A80: Lightweight luxury cruiser can sail in the lightest breeze

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Michael Schmidt Yachtbau, now Y Yachts, is the brand of luxury carbon cruisers he created, a German firm that aims to use the best technology available to simplify the sailing. Schmidt also believes a yacht needs aesthetics that will distinguish it from the pack.

This philosophy underpinned his first model, the Brenta 80 (now Y8). Schmidt has since cruised that test boat, Cool Breeze , thousands of miles. And while many reportedly liked that concept and design style, they found it too large for their needs.

‘A 70ft yacht you can sail alone’ became Y Yachts’ target. The result is a fast cruiser with no backstay(s), a self-tacking jib and winches and lines that fall to the hand of the helmsman.

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Toby helms and trims from the leeward deck. Photo: German de Soler

The design echoes the style of the Y8 and sees Schmidt maintain his penchant for high topsides (from his Hanse days), combined with a flat, low coachroof. Schmidt doesn’t like having to rely on crew and typically sails two-up.

Nevertheless the beamy and voluminous Y7 includes a crew cabin within the interior (rather than stuffed in the forepeak), with private access to the cockpit.

Bill Tripp was tasked with targeting lightweight performance to ensure the boat would offer enjoyable sailing in single figure windspeeds. A key attribute of the Y7 is that it shouldn’t need to motor in light airs.

That said, it can motor very efficiently thanks to the inclusion of two engines; Schmidt values low fuel consumption, good manoeuvrability and systems redundancy.

Carbon construction

Carbon sandwich construction with an epoxy outer skin results in a moderate/light displacement of 29 tonnes and a good balance of impact protection and noise control. Although Schmidt built some of the earliest carbon race yachts, he now subcontracts hull and deck moulding to specialist lamination yards in Poland and Slovenia, then fitting out in his new 3,000m 2 facility in Greifswald.

The structural work and finish of the first Y7, Bella , is certainly to a high standard, and the sub-€2m starting price for this 70ft carbon composite cruiser explains the appeal of the new design and demand to see it in action. The second hull has been handed over, the third is in build and the yard is now set up to produce one boat every four months.

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The Y7 has similar styling and features to the Y8, including the high freeboard and low, flat coachroof. Photo: Nico Krauss

The price is a significant factor. The Y7 represents is a lot of carbon yacht for the money. At this price point, potential buyers might be tempted to compare it to a large semi-production cruiser such the CNB 76 or Euphoria 68 . However, those who are looking for comparable performance would need to look at lighter composite yachts – and the Swan 65 , for example, costs another €1m.

Simply seductive

Bella certainly looked very much at home nestled among the superyachts at Port Adriano marina in Mallorca. The flat coachroof was adorned with sunbeds and a table and chairs were set up on its large flush foredeck.

The large bimini shading it hung from the mast, forestay and shrouds – a clever idea to use the foredeck to create a shaded area away from dock. Bella also has a removable cockpit bimini, mounted on four carbon posts.

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30º aft swept spreaders allow for a backstay-less rig. Photo: Nico Krauss

When sail trialling a yacht, you always hope to get the type of conditions for which it is primarily designed. I favour moderate winds to ensure I can get a proper feel for the boat. So I did fret a little as we motored out of the marina and met a sloppy sea and a gentle breeze.

However, that long afternoon and evening we spent under sail proved perfect for demonstrating the Y7’s capabilities, and particularly for appreciating its ability to be able to keep on sailing in light winds.

In just 10 knots of breeze, typical midsummer Mediterranean conditions, we were already heeled and powered-up, sailing at 8-8.5 knots. The modern, beamy hull shape, with a long waterline and generous sail area, all help produce such speeds. The sail area to displacement ratio is a huge 33.4, a figure that confirms this design’s significant power aloft. Consequently, she will need to be reefed early.

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Lines are led under deck to winches fore and aft of the wheels. This shows the starboard aft winch with shorepower connections below. Photo: Nico Krauss

The square-top fully battened mainsail has 184m 2 of sail area alone, which could be a lot to handle without sufficient crew. An upgrade to the winch package would be on my option list, as it took an age to hoist this sail from the lazyjacks.

However, the helmsman feels the benefit of this sailpower immediately. Tacking the boat is an addictive, one-person affair. The 30° sweptback spreaders avoid the need for a backstay, and allow the use of a self-tacking jib.

We found more breeze once out into the bay and continued our beat west away from the island. The outboard position of the wheel pedestals helps give the helmsman clear views over the flat, low coachroof.

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The huge aft deck raises on struts to reveal an enormous watertight garage for a 3.45m RIB, which is launched using a carbon pole off the boom’s aft end. The design allows the garage to remain sealed when the swim platform is lowered. Photo: Nico Krauss

The helm is generally light, as you’d expect with twin rudders, but with a pleasant increase in weatherhelm when the boat heels and powers up. There is also plenty of grip from these rudders, which are positioned relatively far outboard.

It is less comfortable for crew, however. Such is the beam aft (over 18ft) that it can feel unnerving to cross the cockpit or to stay seated to windward when at a high heeling angle. Comparable yachts of this size tend to have a mainsheet winch plinth with rails or a support/crash bar between the wheels. Y Yachts says it can offer the latter, which is an option I’d certainly recommend.

The long cockpit with split tables has room for eight to sit around, with more space on the large aft-facing seats. The portside seat has access to the crew quarters neatly integrated beneath. The aluminium frames that form the backrests for the cockpit seats are freestanding of the coamings, a clear indication that this boat is aimed at warm weather sailing.

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Clear decks with lines led within reach of the helmsman. Photo: Nico Krauss

Push button reaching

I thought the Y7 might be all about the upwind sailing experience, keeping the apparent windspeed up and heel on, but then we hoisted a Code 0 for the long reach back.

At the push of another pedestal button, an electric furler fitted in the end of the bowsprit unleashed an enormous amount of sail (acquired, it transpired, from a Maxi 72). With this code sail set, we picked up pace and were able to match the 7-11 knot wind speeds all the way home.

The single point mainsheet is led forward to the mast and aft to one winch. This arrangement, together with the other sheets and halyards, results in a mass of rope tails in the cockpit. Unusually (and commendably), there are generous-sized rope tail lockers between the winches to keep all these lines from getting too unruly.

The deck is stepped in line with where the guest cockpit meets the sailing cockpit, so there is easy access out onto the sidedecks. Here, the double guardrails reduce to single rails to meet the bulwark and pushpit.

This low rail invites the helmsman to sit right out to leeward and enjoy the clear views forward. However, the wide-open aft deck and low rail do little to promote a secure feeling if you are in the sailing cockpit.

Nevertheless, as I perched to leeward, and with a light hand on the wheel, the sailing was truly memorable, and we footed along effortlessly under the Code sail.

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Twin engine controls on one of the large binnacles. Photo: Nico Krauss

Two engines

The Y7 certainly has a slippery hull design – so much so that it was only as we approached the marina that I remembered that the Y7 is fitted with two shaft-drive propellers. Twin Nanni engines were chosen as they are simple to repair, with few electronics, and their relatively small size means the saloon sole and thus coachroof can be kept low and streamlined.

However, problems with the installation on this first boat resulted in unacceptable noise levels, an issue the yard now reports has been resolved. It says all future models will have saildrives.

Under power, the boat doesn’t quite spin on a point like a catamaran – the props are quite close together – but the twin engines certainly aid manoeuvrability and mean that you are much less reliant on the bowthruster.

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Bella ’s modern open and inviting saloon. Note the sliding leather handles on the deckhead, which resemble underground train handles – a novel yet practical solution we first saw on the Y8. Photo: Sichtvorteil / Thomas Wilhelmi

Below decks, the styling matches the impressive look of the exterior, and is akin to a designer apartment. In Bella ’s case, it was customised specially for Michael Schmidt. Hull number two is said to have a much lighter, less masculine trim.

Schmidt was inspired by modern architectural designs he saw in Copenhagen, and this is reflected in the feel of the finish, from the choice of fabrics, to the lighting and overall interior shapes.

Smart thinking and styling

Multiple layout options are offered including three or four cabins, and the choice of a central transverse galley or passageway galley aft. Abaft the aft port cabin is a clever, if super-compact, crew cabin, which contains two bunks at right angles to each other, a heads and private access to the sailing cockpit.

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The forward cabin with huge island berth. A step up through a watertight bulkhead leads into the generous heads compartment forward. Photo: Sichtvorteil / Thomas Wilhelmi

The semi-raised saloon creates the impression of a huge space. The yacht’s large beam accentuates this by exposing the curves and structures of hull sides. On the test boat the saloon has a wide-open space extending as far as the galley, sited amidships. To help you traverse it, there are sliding leather grabhandles on the deckhead for when moving about.

I like the use of vertical glass coachroof windows, which let in plenty of light without producing too much heat, but to provide better ventilation I would prefer to have more opening portholes and some coachroof hatches.

The galley is relatively compact and is open along the centreline, a layout that is perhaps not ideally suited to life at heel. That said, it boasts a large area of fiddled work surfaces and generous amounts of refrigerated stowage, and the yard does offer the option of a larger, enclosed galley aft, which connects through to the crew accommodation.

A central island berth in the forward cabin suggests this, too, is designed more for use in port than at sea. Hull number two has an offset berth here, which will be more practical at sea.

The Y7 is undeniably a lovely yacht to spend time aboard and one that can be handled with relative ease. The ‘keep it simple’ philosophy is felt mostly in the sailing, trimming and manoeuvring. The helmsman can easily manage lines and controls from the wheel – though would need help with setting, stowing and reefing sails. From the design of the tender garage, the installation of twin engines to a myriad of neat fixtures and fittings, the Y7 is packed with novel ideas, all born out of Michael Schmidt’s enormous experience. Below decks the Y7 feels as much like a luxury apartment as a yacht, and the style can be customised to suit an owner. I loved the exterior and interior design of Bella, although I think the layout is more set up for use at rest than at sea. The contemporary styling is bound to divide opinion. But the Y7 boasts superyacht quality at a size that is properly rewarding to sail. This powerful yacht boasts a level of performance that is guaranteed to excite.

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ONE SIZE. THREE YACHTS. MANY OPTIONS.

Create your individual superyacht.

Our Y9 is unique and so is every single Y9. Above all, she is as individual as our customers themselves, because her layout and equipment are completely variable. Complementing this, the Y9 offers the volume of a 100-foot yacht in 90 feet. And she is available in three exciting versions – Y9, Y9 Pilot House, Y9 Custom.

The main focus for Y9 owners is spending time with family and friends on board. As a result, the 90-foot carbon sailing yacht is easy to sail even with a small crew. Her interior design fulfills and even extends all owners' wishes for a family yacht with sufficient privacy while they travel the world. Of course, the Y9 can also prove her potential on regatta courses in the Mediterranean or the Caribbean and sail right at the front of the field. She will be a formidable opponent in any regatta.

Like all YYachts, the Y9 follows a clear design philosophy - reducing all unnecessary superstructure and components to create a clean and minimalist deck: Keep it simple. Look good and sail nicely.

BRINGS IMMEASURABLE JOY TO ITS OWNER

The luxury of being able to set out to sea self-sufficiently and with confidence is priceless. Even more enjoyable, is a comfortable, high performance and seaworthy yacht that sails fast and looks cool. Our Y9 delivers that in a way no other yacht can. 

Toby Hodges on the new Y9

Stylish lines and details.

Speed, large interior spaces and a cutting-edge look characterize our Y9

Our brand new Y9 is the logical continuation of our models Y7 and Y8. The development of the Y9 was driven by requests from customers for an easy to sail and fast yacht that requires a small crew and has a fantastic volume. 

Customized to your taste

The interior of the Y9 can be customized according to the individual taste of every customer. Make the Y9 yours only and get inspired by the interior design proposal of the award-winning studio Norm Architects from Copenhagen. Our inhouse design team will coordinate any other wishes you might have in terms of styling, layout and decoration. With the Y9 you are buying a real superyacht.

Sit back, relax and enjoy the all-new features of the luxurious YYachts Y9 with our 360° view

Y9 sailing yacht - space for your ideas, your y9. your layout..

The spaciousness of a 100ft yacht was achievable on the Y9 in 90ft by implementing many years of expertise in design and construction. The owner is provided the highest level of privacy with his own apartment; dependent upon the configuration, up to three additional suites are available for guests. Considerable importance was given to the design of the crew area, after all an unwritten rule in yachting is “happy crew, happy owner”. 

There are various layouts available for the Y9 in addition to numerous interior furnishing options. The YYachts team will work with each owner to personalize their interior. You may also select your own interior designer for the project. 

Y9 STANDARD LAYOUT

Y9 layout 2, y9 layout 3, y9 layout 4, y9 layout 5, the y9 pilot house.

GRACIOUS SPACE FOR FAMILYAND FRIENDS 

The Y9 Pilot House is the second version of the Y9 category and features a striking deckhouse that offers a very bright salon and phenomenal views at the sea. The layout of the Y9 Pilot House is optimized for families and friends to enjoy extensive cruising. Andrew Winch and his experienced team designed a sophisticated atmosphere below deck.

scaled to human dimensions

The Y9 is perfectly scaled to human dimensions and activities by eliminating exaggerated exterior and interior lines and proportions, as well as ineffectual spaces that are difficult to manage and maintain. Ensuring the owner remains connected to the sea and onboard guest with minimal distractions.

Perfect view to the sea

Several guest and crew cabin options are available for the Y9 Pilot House. The distinctive coach roof floods the salon with abundant daylight, which also boasts 360° views of the sea. This coach roof design is not only an aesthetic element, but also helps to reduce overheating below deck by deflecting the rays of the warming sun and minimizing the energy required to keep the interior cool in hot climates. This is just one of the aspects defining the Y9 as a sustainable yacht.

The Y9 custom

Completely individual 90 feet from YYachts

We can also start a 90-foot yacht with a white piece of paper and implement a design that has never existed before – you will receive a yacht which is yours and only yours. 

The latest example of the capabilities of our Custom Division is the YC Tripp 90, a 30-metre carbon sloop with an exterior designed by American Naval Architect Bill Trippand an interior by Winch Design, a renowned leading superyacht designer based in London.  The owner is an experienced yachtsman who wants to alternate bluewater comfortable navigation with performance-oriented experiences. Discover the YC/Tripp90 here and see videos, exterior and interior pictures. 

YACHTING WORLD Test review by Toby Hodges

Specifications.

Length overall (LOA) approx. 29.71 m

Length Waterline (LWL) approx. 26.04 m

Draft (Fixed keel) approx. 4.70 m

Optional: Shallow Draft (Fixed keel) approx. 4.10 m

Optional: Draft (Teleskopic keel)  approx. 3.20 – 4.80 m 

Beam approx. 6.80 m

Displacement (light ship) approx. 55 t

Ballast (Fixed keel) approx. 18.92 t

Optional: Ballast (Shallow draft fixed keel) approx. 19.92 t

Optional: Ballast (Teleskopkiel) approx. 19.18 t

Engine 2x VOLVO D4-175

Fuel Tank Capacity approx. 3000 l

Fresh Water Tank Capacity approx. 2000 l

Grey Water Tank Capacity approx. 250 l

Black Water Tank Capacity approx. 250 l

Mainsail Area approx. 242 m²

Self-tacking jib Area approx. 171 m²

Code 0 Area approx. 388 m²

Gennaker Area approx. 617 m²

Naval Architect Tripp Design

Interior-Design Norm Architects / Design Unlimited / Winch Design

Yard YYachts GmbH

With Y ON WATCH, you can easily control the electrical and hydraulic systems on board with your smartwatch or smartphone. The best cutting-edge technologies are connected here.

Y ON WATCH stands for fun, comfort and safety on board. The hardware and software components enable 360° monitoring, with many great features for owners.

The highlights of a luxury carbon yacht from YYachts

  • Most individual sailing yacht
  • Fast sailing experience on 90 foot
  • Light and safe construction
  • Easy Handling
  • High quality equipment
  • Tailored layout
  • Made in Germany

BGYB Yacht Brokerage

A displacement of about only 29 tons and 300 square meters of sail area, set this almost 22 meter, 70 foot, long yacht in motion even in the lightest of winds. Her good ballast ratio keeps her very stable, so that a Y7 is extremely pleasant to sail. This luxury yacht was designed for family vacations as it can be operated with a very small crew or even alone. Easy handling combined with excellent performance and an interior completely tailored to the owner has made the Y7 a bestseller in the YYachts portfolio.

We would be delighted to assist you in your construction project, do not hesitate to contact us to receive her full brochure.

News & publications

Salone Nautico de Genoa 2022

Salone Nautico de Genoa 2022

Organized by Confindustria Nautica (the Italian Confederation of the Nautical Industry), this is the largest boat show in the Mediterranean. Welcoming professionals and nautical enthusiasts on a wide area of more than 200,000 m2, this show is an unmissable event of the industry. Y...

BGYB at the Cannes Yachting Festival 2022 !

BGYB at the Cannes Yachting Festival 2022 !

The Cannes Yachting Festival takes place every year in September. Located in the beating heart of the French Riviera, the city of Cannes, this fair is a major event in the yachting calendar as the industry's finest sailing and motor yachts attend the event : this year, this boat...

The Y7 from the German shipyard YYachts

The Y7 from the German shipyard YYachts

The Y7 is one of the most popular yachts from the German shipyard YYachts. This luxury yacht is about 22 meters long, very pleasant to sail, designed for family holidays as she can be sailed by a small crew or alone. This Y7 has excellent sailing performance and a bright, very spacious...

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Finden sie ihre traumyacht, sanlorenzo sd90 #119.

2023 | €7.950.000, - exkl. MwSt

Sanlorenzo SD96 #131

2023 | €10.880.600, - exkl. MwSt

Sanlorenzo SD96 #95

2021 | €8.950.000, - inkl. MwSt

Sanlorenzo SL106A #820

2023 | €11.350.000, - exkl. MwSt

Sanlorenzo SL120A #778

2022 | €15.000.000, - exkl. MwSt

Sanlorenzo SL78 #721

2021 | €4.295.000, - inkl. MwSt

Sanlorenzo SL86 #799

2024 | €6.900.000, - exkl. MwSt

Sanlorenzo SL88 #541

2009 | €2.690.000, - inkl. MwSt

Sanlorenzo SL90A #813

2023 | €8.850.280, - exkl. MwSt

Sanlorenzo SL96 #639

2017 | €5.900.000, - exkl. MwSt

Sanlorenzo SP92 #10

2024 | Preis auf Anfrage

Sanlorenzo SX76 #16

2019 | €3.950.000, - inkl. MwSt

Sanlorenzo SX88 #85

2022 | €6.750.000, - exkl. MwSt

Prestige 420 Flybridge #130

2023 | €849.000, - inkl. MwSt

Prestige 420S #181

2024 | €740.281, - exkl. MwSt

Prestige 460 flybridge #100

2019 | €725.000, - inkl. MwSt

Prestige 460 Flybridge #147

2020 | €770.000, - inkl. MwSt

Prestige 520 #264

2023 | €1.395.000, - inkl. MwSt

Prestige 520 Flybridge #307

2023 | €1.337.190, - exkl. MwSt

Prestige 520 Flybridge #317

2023 | €1.313.711, - exkl. MwSt

Prestige 590 flybridge #129

2024 | €1.818.920, - exkl. MwSt

Prestige 590 Flybridge #64

2021 | €1.495.000, - inkl. MwSt

Prestige 590 Flybridge #97

2022 | €1.795.000, - inkl. MwSt

Prestige 630 Flybridge #04

2017 | €1.380.000, - inkl. MwSt

Prestige F4 #03

2024 | €1.307.665, - exkl. MwSt

Prestige M48 #04

2023 | €1.404.433, - exkl. MwSt

Prestige M8

Prestige x60 #08.

2023 | €2.261.749, - exkl. MwSt

Sacs Rebel 47

2024 | €1.140.300, - exkl. MwSt

Sacs Rebel 50

2024 | €2.193.500, - exkl. MwSt

Sacs Strider 10 #50

2019 | €159.000, - exkl. MwSt

Sacs Strider 11 #172

2022 | €345.000, - inkl. MwSt

Sacs Strider 11 Openback #195

2023 | €385.000, - exkl. MwSt

SACS Strider 13 #65

2016 | €295.000, - inkl. MwSt

Sacs Strider 900 #72

2022 | €149.000, - exkl. MwSt

Sacs Strider 900 #89

2023 | €179.800, - exkl. MwSt

Aguti M/Y Aguti

2009 | €2.395.000, - exkl. MwSt

Apreamare Aperto 8 Tender

1995 | €87.500, - inkl. MwSt

Asterie 35 Day Cruiser

2007 | €139.000, - inkl. MwSt

Axopar 28 Cabin

2018 | €119.000, - inkl. MwSt

Azimut 75 Flybridge, Erstzulassung 2013, flossenstabilisiert

2008 | €1.250.000, - inkl. MwSt

Azimut Grande 35 M/Y HEED

2019 | €10.500.000, - exkl. MwSt

BLUEGAME BG42 #19

2020 | €875.000, - inkl. MwSt

Bluegame BG42 #33

2022 | €895.000, - exkl. MwSt

Bluegame BG42 #42

2023 | €999.000, - exkl. MwSt

Bluegame BG54

2022 | €1.785.000, - exkl. MwSt

Bluegame BG62

2020 | €1.985.000, - inkl. MwSt

Bluegame BG62 #10

2019 | €1.585.000, - inkl. MwSt

Bluegame BG72/BG74

2024 | €4.505.364, - exkl. MwSt

Bluegame BGX60 #04

2021 | €3.200.000, - inkl. MwSt

Bluegame BGX60 #26

2024 | €3.451.360, - exkl. MwSt

Bluegame BGX70 #01

2019 | €3.685.000, - inkl. MwSt

Bluegame BGX70 #02

2020 | €3.685.000, - exkl. MwSt

Brandaris Barkas 8.45 Limited Edition

2007 | €149.500, - inkl. MwSt

Canados Gladiator 493 Grand

2021 | €899.000, - exkl. MwSt

Capelli Tempest 750

2022 | €99.500, - inkl. MwSt

Cara M/Y Kara

2002 | €295.000, - inkl. MwSt

Custom Line Navetta 30 #08

2022 | €8.500.000, - exkl. MwSt

2019 | €198.000, - exkl. MwSt

Fairline 42 Squadron #26

2012 | €445.000, - inkl. MwSt

Fairline Targa 43 #527

2004 | €219.500, - inkl. MwSt

Ferretti 530

2003 | €395.000, - inkl. MwSt

Fjord 40 Open

2016 | €380.000, - inkl. MwSt

Globemaster 50 LRX

2023 | €1.795.000, - inkl. MwSt

Horizon Elegance 85

2016 | €1.395.000, - inkl. MwSt

ISA 120 M/Y Whispering Angel

2008 | €3.500.000, - inkl. MwSt

Jeanneau Leader 46

2017 | €495.000, - inkl. MwSt

Jeanneau NC9

2019 | €195.000, - inkl. MwSt

Lengers Lounge 60

2015 | €1.485.000, - inkl. MwSt

1988 | €195.000, - inkl. MwSt

Numarine 62 Flybride

2017 | €1.150.000, - exkl. MwSt

Numarine 70

2014 | €995.000, - exkl. MwSt

Oceanline ONE BLUE

2008 | €6.000.000, - inkl. MwSt

Princess 58 #47

2008 | €695.000, - inkl. MwSt

Princess 85 #12

2009 | €2.250.000, - inkl. MwSt

PRINCESS R35

2020 | €545.000, - exkl. MwSt

Princess V48

2016 | €645.000, - inkl. MwSt

Princess V52

2012 | €625.000, - inkl. MwSt

Riva 48 Dolceriva #03

2020 | €1.595.000, - inkl. MwSt

Riva 52 Rivale

2009 | €690.000, - inkl. MwSt

Riva 56 Sportriva

2008 | €680.000, - inkl. MwSt

Riva 60 Bahamas

1993 | €249.000, - inkl. MwSt

Riva 63 Vertigo #27

2007 | €945.000, - inkl. MwSt

Riva 92 Duchessa

2010 | €2.950.000, - inkl. MwSt

Riva Corsaro 100

2018 | €7.500.000, - inkl. MwSt

Riva Rivarama 44 #116

2014 | €695.000, - inkl. MwSt

Riva Super Ego 68

2008 | €1.175.000, - exkl. MwSt

Sciallino 45 Flybridge #31

2008 | €289.000, - inkl. MwSt

Sunseeker 115 Sport Yacht

2013 | €6.900.000, - inkl. MwSt

Sunseeker 28 # Ray

2010 | €3.750.000, - exkl. MwSt

Sunseeker Manhattan 68

2022 | €2.785.000, - exkl. MwSt

Sunseeker Predator 57

2016 | €1.075.000, - inkl. MwSt

Van der Heijden 58

2010 | €595.000, - inkl. MwSt

Van der Heijden Exclusive deluxe 1600

2015 | €749.000, - inkl. MwSt

Vanquish VQ45 T TOP

2022 | €1.395.000, - exkl. MwSt

Vripack Trawler #12 Braveheart

2011 | €1.150.000, - exkl. MwSt

Wajer 55 #12

2018 | Preis auf Anfrage

Wally POWER 55

2010 | €1.195.000, - inkl. MwSt

Zeelander Z44

2009 | €499.000, - inkl. MwSt

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Jefferies CEO sold $65 million in stock to buy a yacht from a client

  • Jefferies CEO Rich Handler sold $65 million in company stock to buy a luxury yacht.
  • He's said to be buying a Westport 164 from his friend Tilman Fertitta, a Jefferies client.
  • Handler said on Wednesday that he wasn't planning any more stock sales.

Insider Today

Jefferies CEO Rich Handler sold $65 million of his stock in the company to buy himself a gift — a luxury yacht.

Handler sold 1.5 million shares , or 7% of his holdings, to purchase a "personal boat and to pay tax obligations," the investment bank said in a Wednesday statement.

"My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares," Handler said in the statement. "I remain extremely bullish on Jefferies."

Related stories

A source told the Financial Times the boat was a Westport 164 yacht and was being purchased from Handler's longtime friend Tilman Fertitta, a Jefferies client.

Fertitta is the billionaire CEO of the hospitality company Landry's and owns the Houston Rockets, an NBA team. The two men jointly own Landcadia Holdings, a blank-check company.

Jefferies said in the statement that Handler, who's been with the bank since 1990, had received about 70% of his pay in the form of company shares. The bank said he'd previously sold shares only for tax purposes and charity.

Jefferies didn't immediately respond to a request for comment from Business Insider.

Investors often view executives' stock sales as signaling a lack of company confidence, so any sales are carefully messaged.

In October, JPMorgan Chase CEO Jamie Dimon said he would sell 1 million of his 8.6 million shares, his first sale since becoming CEO in 2006. The filing announcing the planned sale said that Dimon chose to sell the stocks "for financial diversification and tax-planning purposes" and that he "continues to believe the company's prospects are very strong."

Dimon sold the first of the sets of shares in February for $150 million and sold the remainder earlier this month, pocketing $183 million in total proceeds.

Watch: Truth Social just brought Trump a $4 billion windfall, but experts aren't sold

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    Welcome to YYachts! We build light and therefore fast sailing yachts from carbon. Our credo is to reduce a yacht to what is necessary to provide our customers with a reliable, safe and pure sailing experience. At 70 to 100 feet - or 20 to 30 meters - in length, you will enjoy the ultimate comfort that only a luxury yacht can provide.

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