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An inside look at jeff bezos’ $500 million superyacht and what it costs to keep it afloat.

Cliché but true, the second-richest man on the planet, according to Forbes , owns the tallest sailing yacht in the world . In fact, the 417-foot Koru is so big, it has its own 250-foot support vessel .

Priced at $500 million, the Koru hit the sea for the first time in 2023 and has since ferried Jeff Bezos and company around the globe. Complete with three massive 229-foot masts, it can reach a top speed under sail of 20 knots, according to the New York Post — which is approximately 23 miles per hour.

Made for a group, up to 18 guests can set sail on the yacht, allowing Bezos to bring family and friends on vacation with him. Here’s a look at the Koru’s extravagant features and how much it costs to operate his floating mansion.

Also take a look at Bezos’ mansion collection.

See More: Robert Kiyosaki: 7 Ways To Become Wealthy Beyond the 9-to-5

Read Next: 4 Genius Things All Wealthy People Do With Their Money

Wealthy people know the best money secrets. Learn how to copy them .

Key Features

As expected Bezos’ yacht is dripping with luxury. With a net worth of $203.8 billion — as of May 4, 2024, according to Forbes — he can afford to outfit the Koru with nothing but the best and he did just that.

The superyacht has three outdoor decks, with two containing swimming pools, according to the New York Post. It also features a cinema, several lounges and multiple business areas, according to Luxuo .

Highly personalized, the yacht is complete with a figurehead modeled after Bezos’ fiancée Lauren Sanchez. Even its masts are luxurious, as the Amazon founder chose in-boom furlers, which keep the canvases at the bottom of the mast above the deck, creating a pristine and spacious rope-free deck.

For You: Make Yourself Money Smart: 20 ChatGPT Prompts To Increase Your Wealth

Support Vessel

One of the most shocking features of the Koru is the fact that it requires its own support vessel. The $75 million Abeona features a helipad that Sanchez has been spotted using to park her personal helicopter, according to the New York Post.

Designed to carry extra gear, four jet skis, two fast launches and a dinghy were spotted on the Abeona during a 2023 trip to Mallorca, Spain, according to the New York Post. It’s also capable of lifting a small submarine, but Bezos isn’t believed to own one — at least not yet.

Additionally, the support ship has two extra staterooms, which can accommodate four guests. This could come in handy if Bezos wants to entertain a larger group than can fit on the Koru.

On-Board Crew

It probably isn’t a surprise that operating both the Koru and the Abeona is no small task. From staff to drive the boats and maintain them to caring for guests onboard, Bezos needs a small army at sea.

The Koru has a crew of up to 36 people, according to The New York Post. If you think that’s a lot, the Abeona requires up to 45 crew and support staff.

Annual Operating Costs

Purchasing the Koru and Abeona cost Bezos more than half a billion dollars, but his expenses didn’t end there. As you might imagine, the annual cost to maintain a superyacht and its own enormous supporting yacht is more than most people earn in a lifetime.

The Koru costs approximately $25 million in operating expenses per year, according to the Daily Mail . Much less, but still sky-high, Bezos spends around $5 to $10 million on annual maintenance costs for the Abeona, according to Super Yacht Fan ).

When their owners are on dry land, yachts have to find a parking space. However, even this doesn’t always come cheap for Bezos and the Koru.

In November 2023, the billionaire’s yacht arrived in Fort Lauderdale, Florida, but was too big to fit in the port with all the outer superyachts, according to the Daily Mail. Therefore, it had to be docked with cruise ships at Port Everglades, at a rate of $16,500 per week.

While one week of storage might be more than the average person can afford, picking up the tab for any number of weeks would clearly be no issue for Bezos. While his superyacht and the many expenses surrounding it are clearly astronomical, he’s still living well within his budget.

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This article originally appeared on GOBankingRates.com : An Inside Look at Jeff Bezos’ $500 Million Superyacht and What It Costs To Keep It Afloat

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Jeff Bezos’ New Yacht Is Finally Ready to Set Sail

Amazon’s founder has been spotted on Koru, a massive schooner with a design that evokes the golden age of sailing in the early 20th century.

By Kevin Koenig

Just in time for the high season of yachting in the Mediterranean, when multimillion-dollar megayachts descend on ports like Monte Carlo and St. Tropez, Jeff Bezos, the founder of Amazon, has been photographed with his partner Lauren Sánchez on his new boat, Koru, off the coast of Spain.

Mr. Bezos’ vessel is a sailing yacht, a departure from the diesel-powered, floating palaces popular with other billionaires. But it is still massive. At 417 feet, Koru is the world’s largest sailing yacht, according to Boat International , and it cost an estimated $500 million to build, Bloomberg reported . (Parsifal III, the boat featured on Bravo’s reality series “Below Deck Sailing Yacht,” is 177 feet long — less than half the length of Koru — and cost $18 million , according to the website SuperYachtFan.)

A spokesperson for Mr. Bezos did not comment for this article; neither did Oceanco, Koru’s builder. Here is what to know about the boat.

For traditionalists, Koru is refreshing. At a time when yacht design skews outrageous — see the lizardlike, 262-foot Artefact or the otherworldly 463-foot Yas — Koru stands out as a schooner, a sailing vessel with two or more masts. Photos reveal a large sailboat with three masts, an on-deck pool and a voluptuous mermaid on the bow, that bears a resemblance to Ms. Sánchez. But otherwise, the sleek, classic lines suggest the patrician age of yachting in the early 20th century, said Robert B. MacKay, author of “The Golden Age of Newport Yachting: Between the Wars.”

“With the clipper bow and the dark hull and the masts,” Mr. MacKay said, referring to Koru’s concave, pointy forward section, “it reminds me of a boat built in 1930 for J.P. Morgan Jr., Corsair IV. It is almost like a reincarnation. It’s certainly at odds with the stuff the oligarchs are building — those look like bloated Clorox bottles.”

Compared with the world’s very largest motor yachts — built for sheer size and the accompanying bragging rights — Koru could almost be considered quaint. Azzam, one of the world’s largest motor yachts, is nearly 200 feet longer.

The Experience

Koru will be propelled primarily by the wind. “Sailboats are usually greener than most powerboats,” said Don Anderson, a former captain of M5 , the world’s largest single-masted sailboat, at 256 feet. “I’d like to think that Koru will be one of the most ecological yachts out there, with its sails and also with the technology that will be aboard.”

“When you’re on a sailboat, you’re more in touch with the wind and the waves than on a powerboat,” he continued. “You’re more susceptible to the elements, too. But you can leave California, and once you get past the Catalinas you can basically surf downwind all the way to Hawaii. All you need to do is run with the waves.”

Mr. Bezos has been a guest on similar boats, according to Bloomberg: In 2019, he was spotted on Eos , a 305-foot sailing yacht owned by Barry Diller and Diane von Furstenberg.

Bill Tripp, a Connecticut-based naval architect, said the appeal of this type of boat is clear: “When you are on a powerboat, you ask, ‘Are we there yet?’ and on a sailboat, you’re enjoying the ride and the ocean so much that you don’t ask that question.”

Koru will be trailed by Abeona, a 246-foot support vessel. Superyachts often have support vessels following along behind them. These “shadows,” as they are colloquially known, are for the “toys” — the ATVs, supercars, seaplanes, motorcycles, smaller boats, scuba gear, personal submarines and even helicopters that pleasure boaters might bring on a trip. According to its builder, this model of boat can carry these gadgets along with dozens of crew members. (Ms. Sanchez flies helicopters, and the couple was recently photographed taking a helicopter to board Abeona and then Koru.)

Abeona, a motor yacht, will have enough range to follow Koru from the Mediterranean to the Caribbean — a common course for yachts — on a single tank of gas.

The Kerfuffle

Koru set off a controversy last year — before it was even completed — in a face-off with the Dutch city of Rotterdam. The boat was built at Oceanco’s facility in Alblasserdam, the Netherlands, and needed to pass the historic Koningshaven Bridge, known as “De Hef,” in Rotterdam, to undergo testing in the North Sea.

When the city announced it would dismantle the bridge to allow the boat and its mainmast — an estimated 230 feet tall — to pass through unscathed, locals were angry. They planned a protest to throw eggs at the yacht as it cruised by. In the end, the bridge was not taken apart, and the yacht was towed to a different location to have its masts attached.

Koru is Maori for “coil” or “loop” and refers to the unfurling of a fern frond. The koru design is common in traditional Maori art, where it symbolizes new life, growth and peace. Mr. Bezos included a photo of a koru frond in an Instagram post on Jan. 1, 2022.

Brad Stone, who was the first to report on Koru, in his 2021 book “Amazon Unbound: Jeff Bezos and the Invention of a Global Empire,” said the name was “consistent with where we see him today.”

“He is no longer this single-minded tech guy,” Mr. Stone said. “He’s in media and Hollywood and has a new relationship.”

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An Inside Look at Jeff Bezos’ $500 Million Superyacht and What It Costs To Keep It Afloat

C liché but true, the second-richest man on the planet, according to Forbes , owns the tallest sailing yacht in the world . In fact, the 417-foot Koru is so big, it has its own 250-foot support vessel .

Priced at $500 million, the Koru hit the sea for the first time in 2023 and has since ferried Jeff Bezos and company around the globe. Complete with three massive 229-foot masts, it can reach a top speed under sail of 20 knots, according to the New York Post — which is approximately 23 miles per hour.

Made for a group, up to 18 guests can set sail on the yacht, allowing Bezos to bring family and friends on vacation with him. Here’s a look at the Koru’s extravagant features and how much it costs to operate his floating mansion.

Also take a look at Bezos’ mansion collection.

See More: Robert Kiyosaki: 7 Ways To Become Wealthy Beyond the 9-to-5

Read Next: 4 Genius Things All Wealthy People Do With Their Money

Key Features

As expected Bezos’ yacht is dripping with luxury. With a net worth of $203.8 billion — as of May 4, 2024, according to Forbes — he can afford to outfit the Koru with nothing but the best and he did just that.

The superyacht has three outdoor decks, with two containing swimming pools, according to the New York Post. It also features a cinema, several lounges and multiple business areas, according to Luxuo .

Highly personalized, the yacht is complete with a figurehead modeled after Bezos’ fiancée Lauren Sanchez. Even its masts are luxurious, as the Amazon founder chose in-boom furlers, which keep the canvases at the bottom of the mast above the deck, creating a pristine and spacious rope-free deck.

For You: Make Yourself Money Smart: 20 ChatGPT Prompts To Increase Your Wealth

Support Vessel

One of the most shocking features of the Koru is the fact that it requires its own support vessel. The $75 million Abeona features a helipad that Sanchez has been spotted using to park her personal helicopter, according to the New York Post.

Designed to carry extra gear, four jet skis, two fast launches and a dinghy were spotted on the Abeona during a 2023 trip to Mallorca, Spain, according to the New York Post. It’s also capable of lifting a small submarine, but Bezos isn’t believed to own one — at least not yet.

Additionally, the support ship has two extra staterooms, which can accommodate four guests. This could come in handy if Bezos wants to entertain a larger group than can fit on the Koru.

On-Board Crew

It probably isn’t a surprise that operating both the Koru and the Abeona is no small task. From staff to drive the boats and maintain them to caring for guests onboard, Bezos needs a small army at sea.

The Koru has a crew of up to 36 people, according to The New York Post. If you think that’s a lot, the Abeona requires up to 45 crew and support staff.

Annual Operating Costs

Purchasing the Koru and Abeona cost Bezos more than half a billion dollars, but his expenses didn’t end there. As you might imagine, the annual cost to maintain a superyacht and its own enormous supporting yacht is more than most people earn in a lifetime.

The Koru costs approximately $25 million in operating expenses per year, according to the Daily Mail . Much less, but still sky-high, Bezos spends around $5 to $10 million on annual maintenance costs for the Abeona, according to Super Yacht Fan ).

When their owners are on dry land, yachts have to find a parking space. However, even this doesn’t always come cheap for Bezos and the Koru.

In November 2023, the billionaire’s yacht arrived in Fort Lauderdale, Florida, but was too big to fit in the port with all the outer superyachts, according to the Daily Mail. Therefore, it had to be docked with cruise ships at Port Everglades, at a rate of $16,500 per week.

While one week of storage might be more than the average person can afford, picking up the tab for any number of weeks would clearly be no issue for Bezos. While his superyacht and the many expenses surrounding it are clearly astronomical, he’s still living well within his budget.

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This article originally appeared on GOBankingRates.com : An Inside Look at Jeff Bezos’ $500 Million Superyacht and What It Costs To Keep It Afloat

Jeff Bezos' $500 Million Yacht: A Look at the World's Largest Private Vessel

Jeff Bezos, the founder of Amazon, is known for his extravagant lifestyle and love for luxury yachts. In April 2023, Bezos took delivery of his newest and largest yacht, Koru, which cost a staggering $500 million or more. At 417 feet, Koru is the world's largest sailing yacht, surpassing the previous record holder, the 106-meter Black Pearl.

Built by Oceanco in the Netherlands, Koru is a three-masted sailing yacht that features a sleek and modern design. Unlike other yachts owned by billionaires, Koru is powered by wind and sails, rather than diesel engines. It is reported that the yacht has a range of 7,000 nautical miles and can accommodate up to 36 guests and 60 crew members. The yacht is also equipped with a helipad, a swimming pool, a spa, and a gym.

The delivery of Koru has sparked controversy and criticism, with some arguing that the money spent on the yacht could have been put to better use. However, Bezos has defended his purchase, stating that he plans to use the yacht for scientific research and exploration. Regardless of the controversy, there is no denying that Koru is a stunning and impressive vessel that will undoubtedly turn heads wherever it sails.

Jeff Bezos, the founder of Amazon, has recently taken delivery of his new sailing yacht, Koru, after it completed its initial sea trials. The vessel is reportedly worth $500 million, making it one of the most expensive yachts in the world. This section will provide an overview of the yacht, the builder, and the cost.

Koru is a three-masted sailing yacht that is 417 feet long, making it the largest sailing yacht in the world. It was built by Oceanco, a Dutch shipyard that has built many superyachts for wealthy clients. The yacht has a steel hull and a superstructure made of aluminum. It is equipped with all the luxury amenities that one would expect from a yacht of this caliber, including a pool, a support vessel, and a range of water toys.

The Builder

Oceanco is a leading superyacht builder based in the Netherlands. The shipyard has built many of the world's most impressive yachts, including the Black Pearl, which is one of the largest sailing yachts in the world. Oceanco has a reputation for building high-quality yachts that are both luxurious and innovative.

Koru reportedly cost $500 million to build, which makes it one of the most expensive yachts in the world. The yacht was built in Rotterdam, the Netherlands, and was delivered to Bezos in May 2023. The cost of the yacht has been a source of controversy, with some critics arguing that it is an excessive display of wealth.

In conclusion, Koru is a stunning sailing yacht that is equipped with all the luxury amenities that one would expect from a yacht of this caliber. It was built by Oceanco, a leading superyacht builder based in the Netherlands. The yacht reportedly cost $500 million to build, making it one of the most expensive yachts in the world.

Design and Features

Jeff Bezos' yacht, Y721, boasts an impressive design and features that make it stand out from other superyachts. The yacht has been under construction at the Oceanco shipyard in Rotterdam since 2019 and is set to be delivered in 2022.

Layout and Amenities

The Y721 is a 127-meter sailing yacht that will become the largest sailing yacht in the world upon delivery. The yacht features a sleek black hull with classic lines and a uniquely designed bowsprit - a custom spar extending forward from the ship's bow to which her forestays are fastened. The yacht's layout includes six decks, with ample space for guests and crew.

The yacht's interior is designed by Nuvolari Lenard and features a contemporary style with a focus on natural light and open spaces. The yacht has several lounges, including a main salon, a sky lounge, and a beach club. The beach club is located at the stern and includes a swimming pool, a cinema, and a gym.

Support Vessel

The Y721 also comes with a support vessel, the YS7512, which is a 75-meter Damen Yacht. The support vessel is designed to carry additional equipment, such as helicopters, tenders, and water toys. The support vessel also includes accommodation for additional guests and crew.

Toys and Entertainment

The Y721 is equipped with a range of toys and entertainment options to keep guests entertained during their stay. The yacht has a variety of water toys, including jet skis, paddleboards, and kayaks. The yacht also has a submarine, which can take guests on underwater excursions.

In addition to the water toys, the yacht has a cinema and a selection of board games and books. The yacht also has a wooden sculpture on display, adding to the yacht's artistic appeal.

Overall, the Y721 is an impressive yacht with a range of features that make it stand out from other superyachts. From the spacious layout to the range of amenities and toys on offer, the yacht is sure to provide guests with a memorable experience.

Media Coverage

News coverage.

Jeff Bezos' new yacht has been the subject of much media attention since its completion. Major news outlets such as The New York Times, BBC News, and CNN have all reported on the yacht, with some referring to it as a "superyacht" and others as a "megayacht". The yacht, named Koru, is reportedly worth $500 million and is 417 feet long.

News coverage of the yacht has focused on its size, luxury, and the fact that it is owned by one of the world's wealthiest individuals. Some reports have also speculated about the yacht's environmental impact, given its size and the fact that it is a sailing yacht rather than a motor yacht.

Social Media

The yacht has also generated significant buzz on social media platforms such as Twitter and Instagram. Many users have shared photos and videos of the yacht, expressing awe at its size and opulence. Some have also criticized Bezos for spending so much money on a yacht, arguing that the funds could be put to better use elsewhere.

The yacht has also been the subject of memes and jokes on social media, with some users poking fun at its size and the fact that it reportedly requires a smaller yacht to transport its support equipment.

Overall, media coverage of Jeff Bezos' new yacht has been extensive, with both traditional news outlets and social media users weighing in on the yacht's significance. While some have praised the yacht as a symbol of personal growth and renewal for Bezos, others have criticized it as a display of excessive wealth and indulgence.

Frequently Asked Questions

What is the name of jeff bezos' yacht.

Jeff Bezos' yacht is called "Koru".

How big is Jeff Bezos' yacht?

Koru is a three-masted sailing yacht that is 127 meters (417 feet) long.

Who designed Jeff Bezos' yacht?

Koru was designed by the Dutch yacht builder, Oceanco.

What is the cost of Jeff Bezos' yacht?

The estimated cost of Koru is $500 million.

Where was Jeff Bezos' yacht built?

Koru was built in the Netherlands by Oceanco.

How many crew members are on Jeff Bezos' yacht?

It is not clear how many crew members are on Koru, but it is expected to have a large crew to maintain and operate the yacht.

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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 .

Large sailing yachts available for charter

88m Perini Navi 2006 / 2023

86m Oceanco 2016

76m Damen Oranjewerf 2000 / 2009

65m Camper & Nicholsons 1927 / 1985

64m Van der Graaf 2010

64m Segel Masten Yachten 2011 / 2021

63m Holland Jachtbouw 2010 / 2023

57m Aegean Yacht 2009

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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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Jeff Bezos' $500 mn superyacht ‘Koru’ is an ultra-luxury experience to live for

Jeff bezos and his partner lauren sanchez were recently snapped soaking the sun on board ‘koru’ off the coast of spain..

Amazon founder Jeff Bezos's new yacht Koru is the talk of the town these days, days after he and his partner Lauren Sanchez were spotted soaking up the sun off the coast of Spain. At 417 feet, ‘Koru’ is said to be the world's largest sailing yacht costing $500 million ( ₹ 4,145 crore), and has numerous features which makes the stay a royal experience. Here are five important things to know about this super luxurious possession of Bezos. 1. The name ‘Koru’ is actually a Maori (indigenous people of New Zealand) term for a coil or a loop which symbolises new life, growth and peace. In fact, the Amazon founder had included a photo of a koru frond in an Instagram post last year. 2. Talking about the design, Koru is a large sailboat with three masts, an on-deck pool and a mermaid-like structure on the bow, bearing resemblance to Bezos' partner Lauren Sanchez, New York Times reported.

3. This sailing yacht will be trailed by a 246-foot support vessel Abeona. This vessel is for carrying ATVs, supercars, seaplanes, motorcycles, smaller boats etc. It can carry them along with dozens of crew members. It has three huge 229-foot masts which power it to a speed of 20 knots.

4. Koru had triggered a controversy last year. It was built at Oceanco's facility in Alblasserdam in Netherlands and needed to pass the Koningshaven Bridge to undergo testing. When the local administration announced it would dismantle the bridge for the boat and mainmast, the locals had protested. However, the bridge was not dismantled and yacht took a different route.

5. It has numerous features like a large pool on the aft deck, seating area on the bowsprit and areas for relaxing across the open decks, Boat International reported. However, another website Luxuo reported that the superyacht also features a movie theatre, several lounges and several business areas.

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$500m price tag and bronze statue similar to his girlfriend: What we know about Jeff Bezos’s wild superyacht

‘koru’ superyacht comes complete with figurehead that looks similar to amazon founder’s girlfriend. meredith clark writes.

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Jeff Bezos and his girlfriend Lauren Sanchez have been spotted relaxing on the Amazon founder’s new superyacht, which is reportedly worth almost $500m.

The 59-year-old billionaire was photographed aboard the 417-foot-long vessel as it set sail along the coast of Spain on Monday, 15 May.

The couple’s maiden voyage comes nearly five years after the vessel was first commissioned in 2018 for half a billion dollars. The yacht – named the Koru after the Maori word for “new beginnings” – comes complete with three decks and a pool.

In photos obtained by the Daily Mail , Bezos was seen shirtless on the megayacht’s sundeck, while Sanchez was dressed in a pink bikini and white cover-up as the pair enjoyed the sunshine.

Bezos reportedly arrived to his yacht via helicopter, making use of the vessel’s helipad, after being flown to Mallorca on a private jet.

The 250-foot tall boat even came equipped with a figurehead that bore a striking resemblance to Bezo’s 53-year-old girlfriend. The polished wooden sculpture, which sits at the prow of the yacht, depicts a woman carved in the style of a Roman goddess, complete with long hair and a flowing gown.

Koru, previously known as Y721, is the tallest sailing yacht in the world with three masts measuring more than 230 feet, according to Boat International . It reportedly cost Bezos $485m.

The boat’s exterior has a classic design of a black hull with a white superstructure. Although the brand-new vessel doesn’t come with a helipad, the Amazon founder reportedly purchased a support yacht, worth $75m specifically to land his helicopter.

The Koru was constructed by Dutch yacht maker Oceano near Rotterdam in the Netherlands. It caused quite a scandal in February 2022 when the vessel nearly required the historic Koningshaven Bridge to be dismantled because its masts were too tall to pass under the bridge.

Indeed, the vessel is officially the tallest yacht in the world, standing at more than 230ft (70m), and is the length of four blue whales at 416ft (127m) - one of just four yachst in the world to boast a length of greater than 100m.

When Oceanco requested the city of Rotterdam dismantle the 100-year-old bridge – known to locals as “De Hef” – outraged citizens planned to throw rotten eggs at the superyacht. The yacht maker rescinded its request and ultimately hauled the 417-foot vessel to a separate shipyard to install the masts.

The clever design of the three masts, which see the yacht powered by kinetic energy, mean Bezos does not need an entire crew to staff the vessel - instead the Koru can be manned by one person (although no doubt the billionaire will have staff on hand for more of his voyages).

Guests visiting Bezos aboard his new superyacht are able to arrive via helicopter thanks to the vessel’s helipad, while other transport on board includes a fleet of cars, jetskis and smaller speedboats.

The yacht reportedly costs $25m a year to maintain, according to Page Six , but Bezos has more than enough money to cover the maintenance – his net worth is an estimated $141bn.

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Amazon Founder Jeff Bezos's New Yacht Costs $500 Million

Megabillionaire Jeff Bezos's monstrous yacht cost an estimated $500 million. The cost doesn’t even include the support boat.

May 13 2021, Published 3:57 p.m. ET

While the rest of the world might be struggling to pay rent in an economy hit hard by the COVID-19 pandemic, Amazon founder Jeff Bezos is getting a new boat. 

Bezos's new boat isn't just any ordinary boat. The Project 721 is a 417-foot superyacht with several decks, three masts, and even its own “support yacht” with a helipad, reports Bloomberg . 

Reportedly, it's the largest vessel ever built by the Dutch luxury yacht builder, Oceanco. 

This Oceanco yacht is smaller than the one Jeff Bezos purchased.

The monstrous yacht’s estimated cost is $500 million, and that cost doesn’t even include the support boat. 

Business boomed for Bezos during the COVID-19 pandemic.

The world hadn’t even heard about COVID-19 when Bezos ordered his boat a few years ago. However, the COVID-19 pandemic boosted Amazon's business. Worldwide, people were forced to stay home and have many of their necessities sent directly to them.

If you needed toothpaste, Amazon was there for you. 

In 2020, Amazon (AMZN) stock climbed 75 percent and made Bezos about $75 billion richer than he already was. According to Bloomberg , his total net worth is almost $200 billion. 

Sales for luxury superyachts have surged.

Apparently, Bezos isn’t the only member of the super-rich to buy a superyacht during the COVID-19 pandemic. Superyacht sales surged at the end of 2020 and in the first quarter of 2021. The demand for extravagantly high-end yachts has outstripped supply, Bloomberg reports. 

“The market’s been roaring,” Sam Tucker, head of superyacht research at London-based VesselsValue, told Bloomberg . “It’s impossible to get a slot in a new-build yard. They’re totally booked.”

Boats have actually been a popular pandemic purchase for many people, not just the ultra-wealthy. According to the National Marine Manufacturers Association, boat sales hit a 13-year high last year. When it comes to social distancing, day-drinking on a boat is a better option than going to a bar or restaurant. 

How many yachts does Jeff Bezos own?

By all accounts, the Project 721 superyacht is Bezos’s first yacht. He caught the yachting bug in 2019 while sailing on his friend billionaire Barry Diller’s yacht, Eos. 

Comedians roasted Jeff Bezos over his yacht purchase.

After news came out about Captain Bezos and his ginormous boat, it didn’t take long for the jokes to start.

“The founder of Amazon is reportedly building a $500 million superyacht that is so big, it requires a ‘support yacht’ to travel with it. This is like the billionaire version of having a second fridge in your garage,” said comedian and late-night talk show host Jimmy Kimmel.

“It sounds like an old-time comedian’s routine, doesn’t it? Jeff Bezos is so rich, even his boats have got boats. Bezos is so rich, when he goes to the A.T.M., the A.T.M. asks him for money.” said James Corden, host of The Late Late Show .

“The pandemic has been a boom time for billionaires, and they are using their profits to give back to hard-hit communities, as long as those communities build giant, shiny new yachts,” joked Late Show host Stephen Colbert. 

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Koru: all about jeff bezos's $500 million superyacht that is 410 feet long.

Koru is going to be the world’s largest sailing yacht which will be owned by the Amazon founder, Jeff Bezos and will have striking features to amaze the world. The billionaire is paying a hefty amount for the superyacht which will cover all the running costs for the sensational structure.

Koru - Fusion of Modern Art and Classical Style, Sustainability

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Jeff Bezos Yacht Koru, The Largest Sailing Yacht

Jeff Bezos Yacht Koru A Controversial Start and a Symbolic Name

Jeff Bezos, the billionaire behind Amazon, is set to become the owner of the world's largest sailing vessel, S/Y Koru. The yacht, which measures 417 feet long, is currently undergoing open-seas testing before being delivered to its owner. The vessel has had a controversial start to its life, with a petition to dismantle a historic bridge in Rotterdam causing anger among the Dutch people. However, the boat was eventually moved to a different shipyard, and now it is almost ready to sail. In this editorial, we will look at S/Y Koru's design, its controversial start, and what the future holds for this massive sailing yacht.

The Largest Sailing Vessel in the World

Once S/Y Koru is delivered to Jeff Bezos, it will become the largest sailing vessel in the world. The yacht's sheer size is impressive, but its sailing capabilities are just as noteworthy. S/Y Koru has a hybrid propulsion system, which allows it to sail using wind power or a diesel engine. Crafted from cutting-edge materials, the yacht's sails are built to endure various weather conditions while delivering peak performance.

S/Y Koru's massive size and advanced technology come with a hefty price tag. It's been reported that constructing the yacht amounted to roughly $500 million, positioning it as one of the priciest vessels in existence. However, for Jeff Bezos, this is a drop in the bucket. The billionaire has a net worth of over $100 billion, making him one of the richest people in the world.

Symbolism and Design

The Jeff Bezos' Yacht Koru, which is not just a massive sailing yacht, but also a symbol of perpetual movement and the cycle of life, has a name inspired by the Māori symbol of the same name. The koru symbolizes the spiral of an unfurling fern frond and embodies the concept of how life both changes and remains constant, according to the New Zealand government's definition. Representing perpetual motion, the Koru's circular form with its inward coil signifies a return to the starting point.

The yacht's design is just as impressive as its symbolism. S/Y Koru was built by Oceanco, a Dutch yacht builder known for its high-end luxury vessels. The yacht has a sleek, modern design, with clean lines and a metallic grey finish. It features three masts and can accommodate up to 36 guests and 56 crew members. The yacht's interior is just as impressive, with a spa, gym, and even a climbing wall.

The Koru is not just a yacht; it's a statement. Its sheer size, advanced technology, and sleek design make it a testament to human innovation and engineering. It's the largest sailing vessel in the world, and it's a marvel to behold.

A Controversial Start

S/Y Koru's development process was not without controversy. In 2017, Oceanco petitioned the Rotterdam government to dismantle the Koningshavenbrug bridge so that the yacht could be moved to open water. The bridge, known locally as De Hef, is a symbol of local resistance against the invading forces during World War II. It was heavily damaged by Nazi shelling but managed to survive, becoming a testament to the city's resilience.

The Rotterdam city council refused the petition, causing anger among the Dutch people. Nearly 3,000 people signed up for a protest that involved throwing eggs at the yacht as it passed through town. However, the boat was eventually moved to a different shipyard without its masts early in the morning, avoiding any further controversy.

Top reasons why the Koru is a unique and impressive vessel:

Symbolic Design: The circular shape of the Koru represents perpetual motion, with its inward coil symbolizing a return to the starting point.

Cutting-Edge Materials: The yacht's sails are made from high-tech materials, designed to endure various weather conditions while delivering peak performance.

Advanced Technology: The Koru has a hybrid propulsion system, which allows it to sail using wind power or a diesel engine.

Impressive Size: Once delivered to Jeff Bezos, the Koru will become the largest sailing vessel in the world.

Luxurious Interior: The yacht can accommodate up to 36 guests and 56 crew members, with a spa, gym, and even a climbing wall.

Controversial Start: The yacht's development process was not without controversy, with a petition to dismantle a historic bridge in Rotterdam causing anger among the Dutch people.

Statement Piece: The Koru is not just a yacht; it's a statement. Its sheer size, advanced technology, and sleek design make it a testament to human innovation and engineering.

Jeff Bezos Yacht Koru is an impressive vessel, both in its size and design. The yacht's symbolism and modern features make it a unique addition to the luxury sailing world. While it may have had a controversial start, S/Y Koru is now ready to sail the open seas and embark on new adventures. Only time will tell what Jeff Bezos has planned for this magnificent yacht, but one thing is for sure - it will undoubtedly turn heads and be the envy of seafarers worldwide. S/Y Koru's advanced technology, sleek design, and exceptional performance make it a stunning feat of engineering and a true masterpiece on the water.

As of May 29, 2023 - Updated data

Superyacht koru technical specifications.

KORU is a three-masted sailing yacht, 127 meters (417 ft) in length. The superyacht is reported to have cost around $500 million, making it one of the most expensive yachts in the world. It is also noteworthy for being the second-largest sailing yacht globally, after Andrey Melnichenko's Sailing Yacht A​.

The vessel's exterior design is the work of Dykstra Naval Architects, while the interior was crafted by Mlinaric, Henry, and Zervudachi Interior Design and Decoration. The yacht's tonnage is 3,300 GT, and it can accommodate 18 passengers, looked after by a crew of 40.

Deck Layout and Amenities

KORU stands out with its classic elegance, boasting a midnight blue hull, canoe stern, and three masts, a design reminiscent of early 20th-century schooners. The deck space is ample, offering various locations to take in the surroundings, including three jacuzzis and a swimming pool.

The interior of KORU exudes opulence and sophistication, with each detail meticulously crafted to provide the utmost comfort and luxury. Fine wood finishes, marble accents, and plush furnishings create an atmosphere of elegance and refinement. The living areas, dining rooms, and lounges are vast, offering generous spaces for entertainment and relaxation​.

KORU primarily harnesses the wind for propulsion, making it a more ecologically friendly option compared to other mega yachts. Its luxurious offerings include an on-deck pool, complemented by spacious lounging and sunbathing areas. Inside, the yacht features a lavish spa and wellness center, complete with a fully equipped gym, sauna, and massage rooms. The yacht also boasts a world-class gourmet kitchen manned by a team of highly skilled chefs, providing elevated dining experiences both indoors and al fresco, with panoramic views of the ocean​.

Superyacht KORU Shadow Vessel ABEONA

The yacht is accompanied by a support vessel named Abeona, a 246-foot motor yacht. This "shadow" vessel carries additional amenities and recreational vehicles, like ATVs, supercars, seaplanes, motorcycles, smaller boats, scuba gear, personal submarines, and even helicopters, to enhance the luxurious and adventurous experience at sea​.

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Jeff Bezos’s New 417-Foot Superyacht Is Now Undergoing Sea Trials

"koru" could be sent back to the shipyard for final tweaks before being delivered to the amazon billionaire., tori latham, tori latham's most recent stories.

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Reports from earlier this month suggested that Jeff Bezos was finally getting his hands on his new $500 million superyacht . But it seems the Amazon founder is going to have to wait just a little bit longer for his new toy.

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During sea trials , a ship is tested to ensure that everything is working as it should be. Depending on what happens during this go-round, Koru could be sent back to the shipyard for final adjustments before making its way to Bezos, a person familiar with the boat’s travels told Bloomberg, requesting anonymity to discuss private matters. (An Amazon spokesperson didn’t respond to Bloomberg’s request for comment.)

As yacht fans surely know already, Koru is a pretty big deal in the maritime world: It’s currently the largest sailing yacht afloat, and one of the biggest ever built by the Netherlands-based Oceanco . On board, among other amenities, you’ll find a large pool and more than a few outdoor lounges. One feature that’s missing, though? A helipad. Because the sails of the ship are so large (they’re the same height as the Great Pyramid of Giza, for some perspective), there wasn’t room for landing a helicopter. As such, Bezos has commissioned a support boat for the task. That vessel is currently crossing the Atlantic and heading for Gibraltar, according to tracking data cited by Bloomberg.

Koru ’s size has created more than one headache for Bezos so far. Along with the helipad issue, the boat was going to cause a historic steel bridge in Rotterdam to be dismantled . The city initially acquiesced to Oceanco’s request, but there was enough public outrage over the demand that the shipbuilder ended up retracting its ask. Instead, Koru was pulled out to sea without its massive masts.

Tori Latham is a digital staff writer at Robb Report. She was previously a copy editor at The Atlantic, and has written for publications including The Cut and The Hollywood Reporter. When not…

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Breaking news, jeff bezos buys $500m superyacht amid luxury industry boom.

Amazon founder Jeff Bezos will reportedly soon take delivery of a $500 million mega-yacht — proof that the niche industry for billionaires is in its prime.

The world’s richest man — currently worth $191 billion — is expected to soon get his project Y721 yacht, which is due to be finished next month, years after he ordered it, according to Bloomberg Wealth .

While details are mostly being kept under wraps, the vessel will be 417 feet long, span several decks and have three huge masts — and even have its own support yacht with a helipad, according to the outlet.

It will likely cost at least $500 million, and is one of the largest sailing yachts ever built in the Netherlands, the unofficial capital of boat-building for the uber-rich, Bloomberg said.

The price tag may be nothing for Bezos, who has been photographed numerous times on yachting trips with girlfriend Lauren Sanchez .

But it is a symbol of the secretive boat-building industry that is thriving like never before — thanks largely to the COVID-19 pandemic making many of the world’s wealthiest even richer , Bloomberg’s analysis showed.

“The market’s been roaring,” Sam Tucker, head of superyacht research at London-based VesselsValue, told the outlet.

Recent transactions have been “record-breaking” — and “the second-hand market is absolutely red hot.”

“It’s impossible to get a slot in a new-build yard,” Tucker said. “They’re totally booked.”

Yacht builders initially feared a slowdown when the pandemic started — but were instead overwhelmed by orders as the world’s richest people added $1.8 trillion to their collective fortune, Bloomberg reported.

Life at sea is attractive for many now that glitzy social events are canceled on land and celebrities and influencers often get ripped for overindulgences in the public eye.

While Bezos ordered Y721 before the pandemic started, he is one of those who has profited most from people around the world turning to Amazon to shop during the pandemic.

Still, he may want to stay humble about his amazing new purchase, Bloomberg said, noting how fellow billionaire David Geffen was ripped for flaunting his pandemic life on his own superyacht, Rising Sun.

Oceanco, the Dutch yachtmaker responsible for Y721, declined to comment, Bloomberg said.

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8 Fascinating Facts About ‘Koru,’ Jeff Bezos’s Bonkers 410-Foot Sailing Superyacht

According to the latest Forbes ‘s Real-Time Billionaires List, Amazon founder Jeff Bezos is currently worth around $204 billion, making him the second-wealthiest person on the planet, just behind Tesla CEO Elon Musk .

So handing over an estimated $500 million for his 410-foot Koru , the world’s largest sailing yacht , another $75 million for Abeona , its 250-foot support vessel, and then paying the $30 million or so a year to cover running costs for both, should be well within his budget.

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Bezos surprised the boating world when he opted for a classically styled, three-masted sailing yacht instead of some flashy mega motoryacht. What’s more it has a buxom wooden sculpture on the forepeak, typical of 19th-century sailing vessels. And since taking delivery last year, he and his fiancé, Lauren Sánchez, have been using the yacht to cruise the world in style.

While secrecy still shrouds Koru , especially its interior and many of its technical features, we take a closer look at what makes it, arguably, the most interesting sailing superyacht in years.

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Click here to read the full article.

Designed as a Modern Classic

Koru would never be described as sleek, or elegant even. But she does have a classical style. Designed by the Dutch masters at Dykstra Naval Architecture, the boat is distinguished by its towering navy-blue steel hull, snowy-white, two-level aluminum superstructure, sweeping canoe stern, and a trio of soaring masts. Her design inspiration is said to be the triple-masted schooner Eos , built by Germany’s Lürssen Yachts in 2006 for American media mogul Barry Diller. And, ignoring the current trend of oversized windows, Koru ‘s hull sides are dotted with traditional portholes with smaller-than typical windows for the upper decks (no doubt helping to protect guests from paparazzi lenses). Little is known about the yacht’s interior design, other than it’s the work of London-based Mlinaric, Henry and Zervudachi studio. Oceanco’s website describes the interior as a “timeless, contemporary style, with natural wood tones complemented by a palette of warm neutrals and beautifully patterned textiles.”

Claiming the Prize for Size

At 410 feet bow to stern and with a beam of 56 feet, Koru is the largest sailing yacht in the world. Some might argue the title should go to the 468-foot Sailing Yacht A . But that quirky, Philippe Stark–designed triple-master is considered a “sail-assisted motoryacht” rather than a true sailing yacht. Koru is also big inside, with a reported internal volume of 3,300 gross T=tons, that offers room for up to 18 guests in nine cabins and accommodations for a crew of 36.

A True Sailor

Full credit to Jeff Bezos for ignoring his fellow billionaires’ penchant for giant, diesel-guzzling superyachts. (Facebook founder Mark Zuckerberg recently took delivery of his 387-foot Launchpad , powered by quadruple MTU engines packing a combined 23,400 hp.) With its giant, more-than-20,000-square-foot sail plan (including three mainsails and three, cutter-style headsails), Koru has been regularly photographed cruising under sail. It’s also believed the yacht is making an effort to focus on sustainability, from reports of it testing out a prototype kinetic energy recovery system that converts wave-induced motion into electrical energy. The vessel is also believed to feature a hybrid power system with large battery banks that run its systems at night while at anchor.

Its 250-Foot, $75 Million “Tender”

The challenge with sailing yachts, even one that’s 410 feet long, is that it’s nearly impossible to land a helicopter on the deck. So Bezos commissioned a 250-foot support vessel, named Abeona after the Roman goddess of travelers. The largest shadow vessel ever built by Holland’s Damen Yachting, this explorer comes with a rear-deck helipad and hangar big enough to accommodate an Airbus ACH-135 helicopter. There’s also space aboard for a small armada of water toys and tenders, plus accommodations below decks for up to 45 crew and support staff.

Built Under Total Secrecy

Tasked with taking Koru from concept to reality was the superyacht builder Oceanco, based south of Rotterdam in Alblasserdam, Holland. The famed yard, owned by billionaire Mohammed Al Barwani, who also owns Turquoise Yachts in Turkey, recently completed Steven Spielberg’s new 357-foot superyacht Seven Sea s, and the similar-sized Bravo Eugenia , launched in 2018 for Dallas Cowboys owner Jerry Jones. Koru was reportedly first commissioned in 2018 as Project Y721 and delivered to the Amazon founder in Gibraltar in April 2023.

What’s in a Name?

While a betting person might have predicted that Bezos would have given his sailing yacht a more Amazon-connected name, like Prime, Deliverance, or even Blue Origin after his space company, he picked Koru . The name is said to be Maori for “loop” or “coil” and resembles the spiral shape of an unfurling silver fern frond. It’s said to be an integral symbol of New Zealand Maori art that symbolizes new life and new beginnings. Look closely at the wooden figurehead on Koru ‘s bow and the necklace around the woman’s neck features a pendant shaped like the koru symbol.

A Bridge Too Far

As Koru was nearing completion in 2021, word got out that builder Oceanco had approached the city of Rotterdam in Holland, offering to pay for the partial disassembly of the historic 97-year-old Koningshaven lift-bridge, which was too low for the yacht with its triple 230-foot masts in place, to pass under on its way to the North Sea. The city reportedly consented, but the move resulted in a huge public outcry with threats to plaster Koru with eggs as it passed through the bridge. Oceanco withdrew its application and instead towed the yacht to Rotterdam’s Greenport shipyard west of the city, transported the masts by barge, and installed them there.

The Places You’ll Go

Hot on the heels of Koru ‘s handover in Gibraltar in April last year, the superyacht has seemingly been cruising non-stop. It was spotted exploring Spain’s Balearic Islands, anchored off Cannes during the film festival, and moored at celebrity hot spots like Saint-Tropez, Capri, Portofino, and Porto Cervo, Sardinia. Bezos reportedly proposed to Sánchez on the bow of Koru off Cannes in May last year, followed by an engagement party aboard in Positano, Italy with a guest list that included Bill Gates, Leonardo DiCaprio, Kris Jenner, Toby Maguire, and Queen Rania of Jordan. Then Koru cruised the 4,000-plus miles across the Atlantic to Fort Lauderdale for a re-fuel and re-supply before heading to the Caribbean for winter cruising. This summer it was back to the Mediterranean for more island-hopping.

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The 2023 superyacht summer recap: Jeff Bezos is now king of the high seas

• For billionaires and their celebrity friends, warm weather means it's yacht season.
• Jeff Bezos recently debuted his $500 million megayacht Koru, which criss-crossed the Mediterranean.
• Here's a recap of some superyachts that made headlines this summer — and the famous faces spotted on them.

Jeff Bezos made headlines in 2019 for a rare appearance partying at sea on David Geffen's yacht, the Rising Sun , with ex-Goldman Sachs CEO Lloyd Blankfein and model Karlie Kloss.

Four years later, Bezos is no longer Amazon's CEO, and he's spent the last few months earning a new title: king of the high seas. As 2023's yacht season comes to a close, it's clear that Bezos' brand new $500 million superyacht won the summer.

Many of the world's rich and famous have shied away from being spotted vacationing on yachts . Warner Bros. Discovery CEO David Zaslav made that mistake early in the season, sparking backlash after hosting a lavish soiree overlooking a bevy of yachts on the French Riviera, just weeks after the Hollywood writer's strike kicked off. 

But Bezos and his superyacht guests appear undaunted by coverage of their travels.

Bezos named his megaboat Koru, after a Maori symbol of growth (perhaps a reference to being the world's largest sailing yacht at 417 feet long) and new beginnings.

Koru took its maiden voyage to Gibraltar in April, and a flurry of photographed stops followed: In May, a shirtless Bezos and his now-fiancee Lauren Sanchez — who has a striking resemblance to the sculpture on Koru's bow — took the yacht for a spin off the coast of Spain, before sailing it to the Cannes Film Festival.

View this post on Instagram A post shared by Lauren Sanchez (@laurenwsanchez)

In June, Koru made its way to the Italian Riviera , where the couple posed for photos on the ship's deck. Then it stopped by the Italian island Capri, before posting up at nearby Positano, a cliffside town that's become a favorite of celebrities and travel influencers.

There, the yacht played host to an engagement party for Bezos and Sanchez , which reportedly drew guests including Bill Gates, Whitney Wolfe Herd, Ari Emanuel, and Leonardo DiCaprio. Just a week later, the couple was seen strolling the streets of Dubrovnik, Croatia, with Orlando Bloom, Katy Perry, and Usher.

Yacht season's runner-up: billionaire Barry Diller's Eos

Another highlight of this year's yacht season was the 305 foot-long Eos, owned by billionaire Barry Diller and fashion designer Diane von Furstenberg, which also had a busy summer criss-crossing the Mediterranean. 

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A staple of superyacht season, Eos' 2023 summer schedule included an early stop in Mallorca , where Diller and von Furstenberg hiked with Oprah Winfrey and Gayle King; a trip to Greece where von Furstenberg visited with British Vogue editor Edward Enninful and Valentino cofounder Valentino Giancarlo Giammetti; and a stop on the Amalfi Coast where von Furstenberg snagged a picture with Kris Jenner.

View this post on Instagram A post shared by Diane von Furstenberg (@therealdvf)

In August, the ship made its way to Croatia, where its owners dined with Hollywood A-listers Candice Bergen, Emma Thompson, and Jason Blum, as well as Diane Sawyer and Creative Artists Agency partner Bryan Lourd.

The Eos docked in Venice to end its summer season, where von Furstenberg hosted the annual DVF Awards — and began furnishing one of her dry-land residences.

Not too far away in Venice's harbor was Maìn, Giorgio Armani's yacht, on which he hosted guests like Sydney Sweeney and Kerry Washington as part of his One Night Only fashion event earlier this month.

Many of the world's other famous superyachts — and the folks who frequent them — appear to have largely avoided the public eye this summer. 

"In a world of long-lens constant paparazzi, there is a place for relaxed privacy that many of us take for granted," a longtime superyacht employee, who requested anonymity to speak candidly, recently told Insider.

That's likely the privacy that Geffen is enjoying on the Rising Sun, the yacht where Bezos was photographed a few summers ago — and on which Geffen infamously self-isolated in March 2020. 

While the ship has been keeping a low profile this yacht season, it's reportedly been spotted in Capri and Mallorca , though without its typical celebrity entourage on board. Most recently it made a splash in a place not typically known for attracting the world's most expensive crafts: Portland, Maine.

Watch: The rise and fall of the cruise industry

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Bezos Doesn't Sunbathe Alone On His $25M-A-Year Superyacht As He Hosts Kim Kardashian, Leonardo DiCaprio, Katy Perry, Orlando Bloom And Others For Summer Fun

Zinger key points.

• Jeff Bezos enjoys his $500M superyacht Koru, hosting celebrities like Kardashian.
• Bezos trusts fiancée Lauren Sanchez to pilot their helicopter on multiple trips.

Billionaire Jeff Bezos is no longer running the day-to-day operations at Amazon.com , leaving him time to help with space company Blue Origin and spend more time on his $500 million superyacht.

What Happened: Bezos is the owner of the world's tallest sailing yacht Koru, which was previously at the center of a heated debate after it got stranded at a European port. The controversy arose from a contentious proposal to disassemble a historic bridge to allow the gigantic yacht to navigate its way to the open sea.

Costing an estimated $500 million, the superyacht is now being enjoyed by Bezos and his fiancée, Lauren Sanchez . With an annual operating cost of around $25 million, it's no wonder Bezos and Sanchez have been busy making the most of the boat, hosting celebrities throughout the summer.

The Amazon founder and his fiancée have taken the boat to Greece, Italy, Spain and more places on multiple summer trips. The Koru and support yacht Abeona have welcomed a host of celebrities on various trips.

Among the people to join Bezos and Sanchez on trips this summer have been Kim Kardashian, Leonardo DiCaprio, Orlando Bloom and Katy Perry, as reported by the New York Post.

"They're the flavor of the month in the Med," an entertainment executive told the Post of Bezos and Sanchez's vacations in the Mediterranean region.

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Why It's Important: The Koru is one of the largest yachts in the world and one of the most expensive to maintain, with its $25 million annual operating costs. The yacht can accommodate 18 guests, supported by a crew of 40 to keep everything running smoothly.

One factor that could potentially offset costs is the  unique piloting abilities  of Bezos’s fiancée, Sanchez. Ever since they started their relationship, Sanchez is known to have taken on the role of pilot, personally flying Bezos and herself on numerous helicopter trips.

Sanchez is even credited with helping Bezos regain his comfort in air travel, a task that had been challenging due to a harrowing experience the billionaire had in a helicopter crash back in 2003. She also said in an interview that Bezos was working on getting his own pilot's license.

Sanchez was seen landing Bezos' helicopter on Abeona, the 250-foot-long support vessel for Koru in 2023. Page Six  reported  that it took Sanchez three or four attempts, but she was able to bring the helicopter down successfully on the helipad of the Abeona in Italy.

The support vessel that trails the Koru is equipped with numerous facilities, one of which is a helicopter pad. Koru, due to its height, was not able to have its own helipad, according to reports.

The vessel, measuring 230 feet tall and 417 feet long, operates using three large masts, which help it move using kinetic energy from the sails, adding an innovative use of green technology.

Despite having the means to hire any helicopter pilot to facilitate his travels to Koru, Bezos’s preference for Sanchez’s piloting demonstrates the trust and support he places in his future wife.

Bezos has a wealth of $209 billion, ranking second in the world according to Bloomberg .

• Jeff Bezos May Be Worth $186B, But He Once Paid $600K A Month In Rent To A Legendary Musician

This article was previously published by Benzinga and has been updated.

Image created using artificial intelligence via Midjourney.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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