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Lady Michelle Yacht: Behind The Scenes

Ian Fortey

The Lady Michelle yacht became famous on the show Below Deck: Mediterranean season 6 where it was featured prominently. It’s worth noting that the Lady Michelle has since been renamed and is actually called the Next Chapter now. However, most people still know her as the Lady Michelle because of her time on the TV show. 

The yacht features naval architecture and was built by Italian yacht maker Benetti with design work done by Stefano Natucci and delivered back in 2003. She features a steel hull over an aluminum superstructure. It was refitted in 2022 and that was when the name was changed as well. 

Who Owns The Lady Michelle Yacht?

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 In 2003 the Lady Michelle was purchased by entrepreneur Mike Fernandez.  He maintained ownership of the yacht even during its time on the show Below Deck. However, in 2022 the yacht was sold to a company called 1 Ocean Yachts. They are a yacht brokerage firm that also does yacht charter management and the Lady Michelle was renamed to the Next Chapter and added to their charter fleet.

How Big is the Lady Michelle/Next Chapter Yacht?

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The Lady Michelle is by no means the biggest yacht in the world but it’s still a good sized vessel at 180.5 feet in length. According to the yacht specifications she features a 34 foot beam and her gross tonnage is 909 GT.

How Much Did the Lady Michelle Yacht Cost?

It’s believed that when the Lady Michelle sold in 2022 and was renamed the Next Chapter she sold for $18,950,000. That was the last published asking price for the yacht . Some sources claim that her initial price in 2003 was about $25 million. The annual cost to keep the yacht running is around $2 million. 

Can You Charter the Lady Michelle Yacht?

The Next Chapter/Lady Michelle is available for charter. The current price for a Lady Michelle yacht charter is about $325,000 per week. This number can change based on time of year and demand, however. Because the yacht is one of the more well known in the world thanks to its appearance on the show, it does tend to be popular.

How Fast is the Lady Michelle Yacht and What Engines Does She Have?

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The Next Chapter uses a set of Caterpillar 3512 Diesel engines. Her cruising speed is about 14 knots with a top speed of 16 knots. She has a range of about 3,000 nautical miles at cruising speed.

What’s the Interior of the Motor Yacht Lady Michelle Like?

While the yacht was featured on Below Deck as we said and there was plenty of time for people to get a look at the interior and exterior, not all of that is applicable anymore. The refit of 2022 and subsequent sale to make it a charter yacht included a lot of changes to the overall look of the yacht. So if you think you know the Lady Michelle you may not, and the fact it’s called the Next Chapter now is symbolic of that. But, fortunately, the fact it is a charter now means the company wants you to know all of the features and amenities it has to offer, so we have a pretty good idea of the interior and how everything looks. 

As we said before, the interior and exterior were managed by Italian designer Stefano Natucci. As a charter vessel she has six cabins that can offer room for up to 12 guests. This includes 1 Master suite, 1 VIP cabin, 2 Double cabins, and 2 Twin cabins. There are also 14 crew on board to help make everyone’s time more enjoyable. 

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The owner’s suite is also a split level to offer more space and views of the ocean. It features his and hers ensuite washroom facilities and offers a panoramic view of the ocean from the observation lounge. There’s also a private study 

When it comes to sleeping, guests enjoy a range of accommodations from the most luxurious with a king sized bed in the Master suite, to 3 queen sized in the VIP and doubles and then 4 singles and 1 pullman for those who are more inclined to rough it a little on a luxury yacht.

The interior was given traditional styling. This includes a lot of glossy wood finishes for a clean, shiny appearance. The color scheme is old school nautical blue and white for all the soft finishes like upholstery and pillows and so on. This, of course, matches the exterior paint on the hull.

Being a charter, the company in charge has packed the Next Chapter to the brim with all kinds of great features. Let’s take a look at some of the standouts.

Features and Amenities

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Like any good luxury yacht, the Next Chapter has a wide range of activities, comforts and indulgences available for those who charter her. She also features a range of water toys that is a little more extensive than you may find on similar yachts. These include:

  • A full gym with the latest equipment that is enclosed on the sundeck
  • Deck Jacuzzi
  • An open air cinema on deck for movie nights
  • A saloon for socializing and enjoying drinks
  • An elevator to move between the yacht’s four decks
  • Two SeaDoo Spark Trixx WaveRunners
  • The deck has an al fresco dining area
  • Two seabobs
  • Two Kayaks, 
  • Fishing equipment
  • Snorkeling gear
  • Waterslides
  • Two stand-up paddle boards
  • Three tenders including a 45 foot Yamaha Seahunter Tournament Tender
  • There’s an exterior bar on deck as well as a BBQ for drinks and entertaining under the sun or stars
  • A swim platform

What Happened with the Lady Michelle Yacht Drug Bust? 

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Being on the show Below Deck was not the Lady Michelle’s only brush with fame. Back in 2017 a boat of the same name also made international headlines after it was involved in a sizable drug deal. The boat, flagged as a fishing vessel , was discovered off the coast of South America with a remarkable 4.2 tonnes of cocaine on board. The street value at the time was pegged at about $125 million. 

While this boat was seized by both the US and the National Crime Agency, it was an unfortunate mix up with names that got the Lady Michelle yacht involved. This may also be part of the reason the newest owners changed the name, so as to distance themselves from what was, at the time, the largest drug seizure since 1999. You can imagine people who own the boat not wanting anyone to Google a potential charter and discover it was used as a boat to smuggle drugs, even though it was just a case of mistaken identity because they had the same name.

The Lady Michelle that had possession of the drugs was a 70 foot fishing vessel based out of St. Vincent and Grenadines. 

The Bottom Line

The Lady Michelle was built in the year 2003 for entrepreneur and philanthropist Mike Fernandez. It was featured on the sixth season of the show Below Deck: Mediterranean which gave the vessel some international attention. However, after it was sold in 2022 for about $18, 950,000 the vessel was retrofitted and also renamed the Next Chapter.

The Next Chapter is just about 180 feet in length and has a top speed of 16 knots. It’s available for charter at a cost of around $325,000 per week and has accommodations for a total of 12 guests. It features a number of luxury amenities and a lot of toys for those on board.

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My grandfather first took me fishing when I was too young to actually hold up a rod on my own. As an avid camper, hiker, and nature enthusiast I'm always looking for a new adventure.

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Who Owns the Yachts On Below Deck? (Valor, Ohana, My Seanna)

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The exclusive world of yacht ownership often includes a glamorous and affluent lifestyle. Many of the yacht owners boast impressive net worths, and the costs of these magnificent vessels can range from $10 million to over $50 million. Operating costs also vary significantly, often running into the hundreds of thousands of dollars per year.

A few notable owners of the yachts featured on Below Deck include Captain Lee Rosbach, Bobby Genovese, Kim Vibe-Petersen, Frank Zaccaria, Glenn McMahon, David Beran, and Trevor Lee. Some yachts have private owners who would like to remain anonymous.

In this article, you'll learn about some of the backgrounds and financial standings of the yacht owners, as well as the specifications and features that make each vessel unique. So, sit back and immerse yourself in the world of luxury yachting while discovering the people behind these incredible superyachts.

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Largest Sailing Yachts in the World (with Price & Owners)

  • The yachts featured on the show include Valor, Ohana, MY Seanna, Ionian Princess, Eros, Talisman Maiton, Parsifal III, Home, Lady Michelle, Wellington, Sirocco, St. David, Honor, Mercury, and Thalassa.
  • The world of luxury yachts is often shrouded in exclusivity and privacy. In this article, we get to gain glimpses into this opulent lifestyle and appreciate the craftsmanship and extravagance of these magnificent vessels.
  • The builders of some yachts include Admiral in Italy, Perini Navi, Heesen Yachts, Benetti, and Proteksan Turquoise.

Owners of Yachts on Below Deck

Here's a table listing the yachts featured on Below Deck, together with information about each one's owner and their net worth, the yacht's purchase price, and annual operating costs. Note that some numbers are estimates. Additionally, the current value of each yacht may have changed since it was first purchased.

Owner & Net Worth Yacht Cost Operating Cost per Year
Bobby Genovese - around $200 million $15,000,000 $1 million to $1.5 million
Captain Lee Rosbach and wife, Lisa - close to $1.5 million $20 million to $40 million 10% to 15% of the yacht's purchase price
Seanna Yacht Holdings LLC $45 million $2.5 million to $3 million
$15 million $1 million to $1.5 million
$1.5 million $200,000 to $400,000
Pears Brothers - $3 billion $40 million $3 to $6 million
Kim Vibe-Petersen - $200 Million $20 million 10% of the yacht's value (approximately $2 million)
Frank Zaccaria - around $200 million around $34 million $3 million to $5 million
Mike Fernandez - $500 million $20 and $40 million 10% of its purchase price (approximately $2 to $4 million)
$20 million 10% to 20% of the yacht's value
Glenn McMahon - around $200 million around $18 million 10% of the yacht's value (approximately $1.8 million)
David Beran - around $350 million around $35 million $3.5 million to $7 million
$10 million to $20 million or more 10% of the yacht's value (approximately $1.5 million)
$15 million 10% of the vessel's initial purchase price
Trevor Lee and his wife, Keri Craig-Lee - $580 million in 2016 $25 million 10% of its initial purchase price

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2023 Below Deck Charter Cost: Ultimate Guide

You may consult an expert or yacht broker to get a more accurate cost estimate for a specific yacht. The operating costs of each yacht can vary based on a number of factors, including the size, age, and condition of the yacht, as well as the location of the yacht and the level of use.

Valor yacht is also known as BG Charade

The proud owner of this luxurious vessel is Canadian entrepreneur Bobby Genovese. Though his exact net worth is not public knowledge, Bobby has made a fortune through his successful ventures and investments.

Valor, a 46.88-meter Feadship yacht, has had quite the journey. Built in 1990 and refitted in 2015, Bobby acquired this beauty for a rumored $15,000,000 in that same year. This nearly 154-foot-long yacht can comfortably accommodate up to 12 guests and comes with a crew of 10 members.

When it comes to operating costs, you should be aware that renting Valor for your dream vacation will set you back a considerable amount. It is available for charter starting at $260,000 per week, excluding expenses. However, keep in mind that chartering this celebrity-favorite vessel will undoubtedly be a lavish and unforgettable experience.

Ohana is built by Admiral in Italy

The Ohana yacht, featured on Below Deck, is owned by Captain Lee Rosbach and his wife, Lisa. They reside in Fort Lauderdale, Florida, and have owned the yacht for over ten years. The couple has two children: a son and a daughter. While we don't have an exact number for their net worth, it is safe to assume that they are quite successful in the yachting industry.

Ohana is a 154-foot (47-meter) long motor yacht built by Admiral in Italy. The cost of the yacht might vary depending on its age, condition, and customization. However, yachts of similar size on the market may lie within the range of $20 million to $40 million. Keep in mind that these numbers are just an estimate; the actual price of Ohana may be different.

Operating a yacht like Ohana can be costly. Some of the annual expenses of maintaining and running a yacht of this size can include fuel, crew salaries, insurance, maintenance, dockage fees, and more. It is typically estimated that the annual operating cost falls between 10% and 15% of the yacht's purchase price. For Ohana, this would mean an operating cost in the ballpark of $2 million to $6 million per year.

Your luxurious vacation on the MY Seanna

The owner of MY Seanna is an entity called Seanna Yacht Holdings LLC, and the net worth of the company is not publicly known. The estimated purchase cost of the yacht is $45 million, and the estimated annual operating cost is $2.5 million to $3 million.

MY Seanna is a 164-foot-long vessel, will come at a pretty penny. The yacht is available for charter at a starting price of $260,000 per week. Keep in mind that this cost doesn't include expenses, which means you'll need to budget for additional costs during your adventure.

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Exact 2023 Cost To Charter My Seanna from Below Deck

Operating costs for a yacht like MY Seanna can be quite significant, but exact figures are tough to come by. While we don't have specific details for this particular yacht, you should be aware that operating costs typically include fuel, maintenance, insurance, crew salaries, and provisions. These expenses can add up quickly, so it's essential to be aware of them when planning your luxurious getaway.

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Ionian Princess is a majestic yacht

The owner of the Ionian Princess, a 182-foot-long vessel, prefers to keep their identity private. While the exact net worth of the owner is not publicly available, you can assume they have a substantial fortune considering the yacht's impressive features and the costs associated with yacht ownership.

As you admire the Ionian Princess, it's natural to wonder about its price tag. Built in 2006 and last refitted in 2021, this luxurious yacht has a base price of $495,000 per week for charters. Featuring an exquisite interior designed by Pavlik Design Team and an exterior crafted by Setzer Design Group, this vessel is a true work of art.

Owning a yacht like the Ionian Princess comes with considerable operating costs. These expenses include crew salaries, insurance, maintenance, fuel, docking fees, and additional services such as food and beverage provisions. While exact operational costs might vary, owning a yacht of this caliber can cost millions annually.

Eros yacht had its moment in the limelight during Season 3 of Below Deck

The Eros yacht was renamed for the TV show, but its actual name is Mustang Sally. Although its owner is not directly mentioned, we do know it's a luxurious vessel available for charter . That said, it is not easy to estimate the net worth of the owner. If you're curious about other yacht owners from the show, consider Bobby Genovese, the owner of the Valor yacht. He is a successful entrepreneur with a net worth of around $200 million.

While the exact purchase price of the Eros is not publicly available, similar yachts of the same size and age have been known to cost tens of millions of dollars. For example, the Valor yacht costs around $15,000,000. Keep in mind that yacht prices can vary widely based on factors such as age, brand, customizations, and maintenance history.

Operating a yacht like Eros incurs significant expenses. The average annual costs can be roughly divided as follows:

Crew salaries : This is usually the largest expense, accounting for about 50% of the total operating cost. Expect to pay anywhere from $100,000 to $200,000 per year for a full-time crew.

Maintenance and repairs : Depending on the yacht's age and condition, this can be around 10–20% of the total operating cost.

Dockage and storage fees : These can vary depending on the location and marina services, accounting for about 10–15% of the operating costs.

Fuel : Fuel expenses can be quite significant, as yachts like Eros consume large amounts of fuel. This can be around 10–15% of the total operating cost.

Insurance : Yacht insurance costs depend on the vessel's value, with estimates ranging from 1–3% of the yacht's value annually. Given these factors, the annual operating cost of a yacht like Eros could be around 10% of its value.

Talisman Maiton was featured in Below Deck Mediterranean's third season

The owners of Talisman Maiton are the Pears Brothers, British businessmen and philanthropists with an estimated net worth of $3 billion. Talisman Maiton is a 177-foot luxury yacht that was built in 2006 by Proteksan Turquoise and underwent a major refit in 2017.

Talisman Maiton is an impressive superyacht that boasts a spacious sun deck, an eclectically styled interior with Art Deco features, and numerous amenities to ensure the comfort of its guests. As a result, you can expect the yacht's cost to be quite considerable. To charter this beauty for a week, it is estimated that you'll need to pay around €231,000 during the low season and €266,000 in the high season.

Operational costs for a superyacht such as Talisman Maiton can be quite substantial. It's essential to consider the cost of fuel, maintenance, insurance, and crew salaries. While exact figures for Talisman Maiton are not available, yachts of a similar caliber could incur operating costs in the ballpark of $1–3 million per year. This estimate is based on several factors, such as the size and age of the vessel and its intended use (whether for private or commercial charter purposes).

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2023 Cost Of Mediterranean Yacht (As Seen On Below Deck

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Parsifal III was built by Perini Navi

The Parsifal III is currently owned by Danish entrepreneur Kim Vibe-Petersen. Kim is the CEO of the firm Scanomat, which designs automatic coffee brewers and coffee machines. His estimated net worth is $200 million. Vibe-Petersen's successful business ventures suggest that he is quite wealthy.

Parsifal III is a 54-meter (177-foot) sailing yacht built in 2005 by Perini Navi. While the exact cost of this luxury yacht is not disclosed, similar yachts built by Perini Navi in the same size range can cost upwards of $20 million.

Operating costs for a yacht like Parsifal III vary based on several factors, such as maintenance, crew, and fuel expenses. In general, the annual operating cost of a yacht can be estimated at around 10% of the yacht's value. Based on this estimate and the potential $20 million cost of Parsifal III, you can expect an annual operating cost of approximately $2 million.

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2023 Cost To Charter Parsifal III from Below Deck

To help you better understand the expenses involved, here's a breakdown of typical operating costs:

Crew wages : Yachts of this size typically require a professional crew of 7 to 10 members. The total annual cost for a crew can range from $300,000 to $500,000.

Maintenance : Regular maintenance, including annual haul-outs, paint jobs, and system upkeep, is necessary to keep the yacht in top condition. These costs can come in at around $200,000 to $400,000 per year.

Fuel : Depending on the yacht's engine, fuel consumption, and usage, annual fuel costs can range between $100,000 and $300,000.

Insurance : Yacht insurance premiums can be significant, with costs varying based on the value and specifics of your yacht. Expect to pay around $100,000 to $200,000 per year for insurance on a yacht of this caliber.

Dockage and other fees : Dockage fees, as well as other expenses such as customs fees, taxes, and permits, can also contribute to your annual operating costs. These can vary greatly depending on where and how frequently you use your yacht, but might add up to around $100,000 to $200,000 per year.

Home was custom-built by Heesen Yachts

The yacht Home, featured on Below Deck, is owned by an American entrepreneur named Frank Zaccaria. Frank has made a fortune in various industries, including real estate development, construction, and luxury yachting. As a result, it's estimated that his net worth is around $200 million.

Home is a stunning 164-foot yacht that was custom-built by Heesen Yachts in 2017. As a state-of-the-art vessel, it boasts impressive eco-friendly features like an energy-efficient power system and extensive noise and vibration reduction. When it comes to pricing, the yacht Home is valued at around $34 million.

When it comes to enjoying a luxurious lifestyle aboard a superyacht like Home, there are significant operating costs to consider. Some of the expenses you'll need to account for include fuel, crew salaries, maintenance, and insurance. Typically, for a yacht of Home's size and caliber, annual operating costs can range from $3 million to $5 million.

Here's a breakdown of the key operating costs:

Fuel : With a large tank capacity of 30,000 liters and an approximate consumption of 1,000 liters per hour, fuel expenses can add up quickly. At cruising speed, Home can travel up to 4,500 nautical miles.

Crew Salaries : For a yacht like Home, a professional crew of around 12 members would be required. Salaries for these crew members can range from $60,000 to $120,000 per year, depending on their position and experience.

Maintenance : Annual maintenance costs for Home can vary, but they generally hover around 2-5% of the yacht's value. This includes tasks such as cleaning, painting, and repairing any wear and tear.

Insurance : Yacht insurance premiums depend on various factors, but for a yacht like Home, it could cost between $100,000 and $300,000 per year.

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Lady Michelle was built by Benetti

The owner of Lady Michelle is Mike Fernandez, who is a successful businessman and philanthropist with an estimated net worth of $500 million. Lady Michelle was built in 2007 and underwent a major refit in 2019. The yacht is available for charter and has been featured on the Below Deck franchise.

The Lady Michelle yacht is an exquisite vessel that combines elegance and grandeur, ensuring your sailing experience is lavish and unforgettable. Built by the reputable Benetti shipyard, this 164-foot superyacht boasts remarkable features and amenities. Though the exact cost of Lady Michelle is not publicly available, similar yachts built by Benetti can range between $20 and $40 million, depending on the level of customization and amenities.

Operating a superyacht like Lady Michelle can be quite expensive. Generally speaking, the annual operating costs of a yacht can amount to approximately 10% of its purchase price. For Lady Michelle, these costs might include crew salaries, maintenance and repairs, insurance and port fees, fuel, and provisions.

Considering the estimated value of Lady Michelle, you can expect the annual operating expenses to be in the range of $2 to $4 million. Keep in mind that this is a rough estimation, as operating costs will vary depending on usage and maintenance requirements.

The Wellington is also known as M/Y Wellesley

The owner of this magnificent vessel prefers to remain anonymous, which is quite common in the world of yachting. However, estimates suggest that the owner's net worth is in the multi-million-dollar range, considering the value and upkeep of the yacht.

The Wellington yacht is nothing short of breathtaking with its sleek design and luxurious amenities. To give you an idea of its value, the cost to rent the yacht for summer charters starts at €230,000, or $273,500 per week. For winter charters, the price slightly decreases to €220,000 or $259,500 per week. It's worth mentioning that these prices are exclusive of expenses, making it quite an investment for anyone looking to experience life on The Wellington firsthand.

Operating a yacht like The Wellington is an expensive undertaking. Although the exact operating costs are difficult to calculate without knowledge of the crew size, maintenance needs, and fuel consumption, estimates suggest that operating costs for a yacht of this caliber can range from 10% to 20% of the yacht's value per year. This includes expenses such as fuel, insurance, dock fees, crew wages, and maintenance and repairs.

Sirocco was built by Heesen Yachts

Sirocco, one of the stunning yachts featured on Below Deck Mediterranean , is owned by Glenn McMahon. Glenn has an estimated net worth of around $200 million. His wealth comes from various successful business ventures and investments. More information about Glenn can be found here.

Built in 2006 by the respected Heesen Yachts, Sirocco measures 154 feet in length. This luxurious vessel features six cabins that can comfortably accommodate up to 12 guests. If you're wondering about the cost of this masterpiece, Sirocco has an estimated value of around $18 million. Check out more details about the yacht here.

Operating a yacht like Sirocco comes with significant expenses. On average, you can expect to spend around 10% of the yacht's total value per year on operating costs. This includes crew salaries, maintenance, fuel, insurance, and other associated expenses. For Sirocco, this means you're looking at an annual operating cost of approximately $1.8 million. Keep in mind that these costs can vary depending on how frequently the yacht is used, and where it's cruising. Find more information on yacht operating costs here.

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St David was built by Benetti

The magnificent St. David is owned by Czech millionaire David Beran, who was born on September 26, 1967. Beran is the founder of the Profireal Group, one of the largest financial companies in Czechia. He has a glamorous wife, Terezia Dobrovolna, a Czech model. Together, they enjoy the opulence and prestige that the yacht offers. Although his precise net worth isn't publicly disclosed, it's evident that he has amassed a significant fortune to own such a luxurious yacht.

St. David is a 60-meter (197ft) superyacht delivered in 2008 by the renowned Italian shipyard Benetti. It boasts a stunning, supercar-inspired profile that instantly draws attention wherever it goes. Since the yacht is fully customized, featuring interior and exterior designs by the British studio Winch Design, the exact cost of building St. David may vary. However, given the details and the typical market value of similar luxury yachts, it's safe to say that it has a value of around $35 million.

As an owner of St. David, you would likely need to cover costs such as fuel, maintenance, crew salaries, insurance, and various provisions for guests. Generally, it's estimated that maintaining a superyacht can cost between 10% and 20% of the yacht's value annually. So, given the approximate $35 million worth of St. David, you could expect to spend around $3.5 million to $7 million per year to keep this striking vessel in tip-top shape, and provide the lavish experience that it's known for.

Honor is also known as Lumiere

Honor was the yacht featured in the first season of Below Deck. The Italian-made luxury yacht's owner remains undisclosed, but it's known that the yacht has a history under the names Barents, Sotavento, Cuor di Leone, and Lionheart. While the exact net worth of the owner is not available, you can assume that they have significant wealth, as owning and maintaining a yacht of this caliber typically requires considerable financial resources.

While purchasing a yacht like Honor or Lumiere can vary in cost depending on factors such as age, condition, and manufacturer, the price can generally range from around $10 million to $20 million or more. To obtain a more accurate cost estimate for an individual yacht, it's essential to consult an expert or yacht broker.

You can expect to spend around 10% of the yacht's value annually on operating expenses. These expenses might include crew salaries, fuel, insurance, maintenance and repairs, dockage fees, and food and provisions for guests. If Honor is valued at $15 million, the annual operating costs could amount to approximately $1.5 million. However, these costs will vary depending on the specific yacht, its usage, and other circumstances.

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Mercury cruises through the breathtaking Norwegian fjords

The charter superyacht Mercury is an impressive vessel exploring the majestic Norwegian fjords. Unfortunately, the specific owner's name and net worth are not publicly disclosed. However, you can assume that they likely have significant wealth, as owning and operating a superyacht is no small feat and is typically reserved for the wealthy.

The cost of buying a superyacht like Mercury can vary greatly depending on its size, features, and overall luxury. While the exact cost of Mercury is not publicly available, superyachts can range in price from tens of millions to hundreds of millions of dollars. It's safe to assume that Mercury's price tag lies within those ranges, given its appearance on the popular reality show.

Operating costs for a superyacht like Mercury can also vary widely. Some of the typical costs include:

Fuel : Superyachts can consume huge amounts of fuel, leading to daily expenses in the thousands.

Crew salaries : A superyacht typically employs a full-time crew to maintain and operate the vessel, with salaries depending on the crew member's role and experience.

Maintenance : Regular maintenance, refits, and repairs are essential for keeping a superyacht in top condition, and these costs can add up quickly.

Docking fees : Finding space to dock a large vessel like Mercury can be expensive, especially in sought-after locations.

To give you a general idea, annual operating costs for a superyacht usually amount to about 10% of the vessel's initial purchase price. Keep in mind that every yacht will have unique expenses depending on various factors, so this estimation might not reflect Mercury's exact operating cost.

Thalassa is also known as Keri Lee III

Thalassa is owned by Australian businessman Trevor Lee and his wife, fashion designer Keri Craig-Lee. Their combined estimated net worth is not publicly available, but they have successfully made careers in both the business and fashion sectors. Keri is a renowned fashion designer in Australia, having established her eponymous label, Keri Craig.

The cost of the Thalassa or Keri Lee III is not disclosed, but luxury superyachts of similar size typically cost tens of millions of dollars. For a comparison, the St. David, a yacht featured in season 10 of Below Deck, has a sales price of around $20.6 million.

Generally, it is estimated that the annual operating cost for a yacht is around 10% of its initial purchase price. For a yacht like Thalassa or Keri Lee III, these costs could include crew salaries, ongoing maintenance, fuel, food, and insurance expenses. Please note that specific operational costs for Thalassa or Keri Lee III are not publicly available, and this is a general estimation based on industry standards.

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The New Below Deck Mediterranean Yacht Is One Of The Most Expensive Yet

It sleeps 13 guests in six cabins and contains a beach club, sun deck, gym, and jacuzzi.

The Lady Michelle Below Deck Mediterranean yacht via a screenshot

Below Deck Mediterranean is heading back to familiar waters. After sailing off the coast of Croatia in Season 2, the show is returning to the country for Season 6. Croatia was also recently featured in the second season of Below Deck Sailing Yacht , which is why viewers might recognize the yacht now being used in Mediterranean Season 6, the Lady Michelle.

At the end of Below Deck Sailing Yacht’ s most recent season, the crew had to make a last-minute change to their charter when their original guests tested positive for COVID-19. Since the Lady Michelle was already in the area, its crew became the Sailing Yacht ’s new charter guests. There was a lot of panic from the Sailing Yacht crew about what it was going to be like to work for fellow yachties, though the Lady Michelle crew at the time isn’t the same one on Below Deck Med Season 6.

Nevertheless, the new crew will be taking its guests out on one of the show’s most expensive yachts ever. According to the Burgess Yachts chartering site, chartering the Lady Michelle costs $275,000 per week during the summer and up to $310,000 per week during the peak winter season.

By comparison, the ships used in the first two Mediterranean seasons (including the Sirocco that sailed Croatia last time) cost around $167,000 and $213,000 per week, respectively, while last season’s impressive Wellington ship reportedly cost around $243,000 per week .

There’s a reason the Lady Michelle is so pricey, though. According to The International Yacht Company, the massive ship can sleep 13 guests in six cabins and contains a beach club, sun deck, gym, and jacuzzi. It also comes with variety of water toys like wave runners, waterskis, and a waterslide, per Burgess. If someone wanted to buy the whole ship and sail it all year round, IYC has it listed for $19.5 million. And you might need to buy the ship to get it back to Croatia, because that’s not its usual charter route.

On Below Deck , the ship sailed up to scenic Šibenik in Croatia , but the Lady Michelle typically isn’t a Mediterranean vessel. According to Burgess Yachts, it sails the Caribbean and Bahamas in the summer and just the Bahamas in the winter. So don’t get too attached to the Croatian setting if you’re planning to charter Lady Michelle with all of your spare hundreds of thousands of dollars.

who owns motor yacht lady michelle

who owns motor yacht lady michelle

NEXT CHAPTER

2003   benetti    180ft  /  55m.

Stern

NEXT CHAPTER Yacht Charter

NEXT CHAPTER currently registered in the Cayman Islands is actively available for charter.

The luxury motor yacht NEXT CHAPTER, previously named LADY MICHELLE, was built by Benetti and delivered to her owner in 2003, she later underwent a refit in 2024.

The exterior of NEXT CHAPTER is designed by Stefano Natucci (Italy).

Charter guest accommodation

NEXT CHAPTER has been designed to comfortably accommodate up to 12 charter guests in 6 suites.

The guest cabins comprise 3 cabins with a queen size bed and en-suite bathroom facilities, a primary suite with a king size bed and en-suite bathroom facilities and 2 cabins with a twin bed and en-suite bathroom facilities.

Your luxury charter crew

Your luxury charter on board motor yacht NEXT CHAPTER will be managed by the crew of 14 including the captain.

The crew will ensure you have a relaxed and enjoyable charter experience with all of your needs catered for while on board.

The 14 crew have their own separate crew quarters allowing guests to enjoy increased levels of privacy.

Amenities & Entertainment

Amenities on board for the charter guests include Air Conditioning, Elevator, Exercise equipment, Jacuzzi on deck, Stabilizers At Anchor and Wi-Fi.

An extensive list of further amenities and water toys can be seen under the features and amenities section.

Yacht charter destinations

NEXT CHAPTER is Currently cruising in Central America.

Sample itineraries for the cruising destinations can be supplied by your professional charter broker allowing you to plan your luxury yacht charter vacation in detail.

  • East Mexico
  • West Yucatan
  • South Central America
  • Air Conditioning
  • Exercise equipment
  • Jacuzzi on deck
  • Stabilizers At Anchor
  • Inflatable Watertoys
  • Waverunners (Sit Down)
  • 22ft/6.7m RIB
  • 15ft/4.6m RIB
  • 32ft/9.8m Intrepid

Plan

Destinations

who owns motor yacht lady michelle

Frequently Asked Questions

How much to charter next chapter.

NEXT CHAPTER has a weekly charter price starting at $325,000 and an estimated daily charter price of $54,200.

How many guests on board NEXT CHAPTER?

NEXT CHAPTER can accommodate 12 sleeping guests on board in 6 cabins.

Where is NEXT CHAPTER currently located?

NEXT CHAPTER was last seen in Florida - East Coast.

Legal Disclaimer

Motor Yacht NEXT CHAPTER is displayed on this page for informational purposes and may not necessarily be available for charter. The yacht details are displayed in good faith and whilst believed to be correct are not guaranteed, please check with your charter broker. Charter Index does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information or images displayed as they may not be current. All yacht details and charter pricing are subject to change without prior notice and are without warranty.

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Specification

Yacht nameNEXT CHAPTER
Prior nameLADY MICHELLE
Speed (cruising)25.9kph / 14kn
Engine2x Caterpillar 3512 Diesel
HullMonohull
FlagCayman Islands
Launched2003
Refitted2024
BuilderBenetti
DesignerStefano Natucci (Italy)

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who owns motor yacht lady michelle

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Below Deck Mediterranean season 6 in Croatia onboard luxury yacht LADY MICHELLE

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By Nina Done   28 May 2021

Set to premiere on 28 June, the successful Bravo franchise is back and bigger than ever promising compelling viewing as we follow the latest antics of charter guests and crew onboard the 180-foot Benetti  motor yacht LADY MICHELLE ; from a major storm, heated hot tub blow-up and a fire in the galley to a wedding, several drunken hookups and some serious twerking; sit back and enjoy the fireworks.  

Below Deck Mediterranean Season 6 marks the return of Captain Sandy and newly single Bosun Malia to the stunning location of Croatia, along with a brand new crew, including chief stewardess Katie Flood and Chef Mathew Shea.  

crew on below deck lady michelle

Bravo recently granted viewers with their first teaser trailer of the new series, which showcases high drama and wild crew shenanigans, including a novel use for the crew mess’s Lazy Susan, as well as plenty of tears and tantrums. 

Bravo has also promised “a shocking franchise first” before the opening charter, plus a return of guest Roy Orbison Jr, all taking place onboard the elegant charter yacht LADY MICHELLE. This Benetti motor yacht can accommodate 12 guests in her 6 luxuriously appointed suites, and is capable of carrying up to 12 crew members, making her the ideal size vessel for all the usual Below Deck antics on a yacht charter !

Jacuzzi onboard MY Lady Michelle

Binge-watch every Below Deck episode on the Bravo app, or catch up on  Below Deck Mediterranean seasons 1-5 streaming now on Peacock.

Yacht charters around Croatia

With long stretches of glorious coastline and endless idyllic islands, Croatia is fast becoming one of the most popular yacht charter destinations for summer. Steeped in a rich cultural history, Croatia boasts an abundance of archeological treasures and ancient architecture, with some relics dating back to 3,000BC. 

who owns motor yacht lady michelle

Enjoying a warm Mediterranean climate, beautiful clear waters, secluded golden beaches and tucked away coves there is so much to enjoy on a luxury yacht charter around this enchanting East Mediterranean destination.

Interested in booking a luxury yacht charter?

To find out more about chartering in the region, check out our in-depth East Mediterranean yacht charter guide for more information.

If you'd like to learn more about chartering M/Y Lady Michelle , please get in touch with your chosen yacht charter broker . 

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RELATED AREA GUIDES

View destinations guides, photo galleries & itineraries for areas related to this news article

  • Mediterranean
  • READ MORE ABOUT:
  • Below Deck Mediterranean
  • Below Deck Season 6
  • Yacht Charter
  • East Mediterranean
  • Croatia charter vacation

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LADY MICHELLE

Luxury charter motor yacht Lady Michelles interior configuration has been designed to comfortably accommodate up to 12 guests overnight in 6 cabins, comprising a master suite, 1 VIP stateroom, 2 double cabins and 2 twin cabins. She is also capable of carrying up to 15 crew onboard to ensure a relaxed luxury yacht experience. She was launched by yacht builder BENETTI and her elegant interior design is done by Stefano Natucci from Italy.

  • Interior designed by Stefano Natucci (Italy)
  • Extensive collection of tenders, toys
  • Relaxing deck Jacuzzi
  • Fully equipped and air-conditioned gym on the top deck
  • Her stabilizers enhanced comfort on board
  • Executive Chef Culinary delights
  • Plex media server with over 1500 movies

All charter rates are subject to the availability and are plus all other expenses. Taxes are not included. Please contact us for further details.

Construction & Design

Accommodation, bed configuration, amenities on board, tender & toys.

  • 7m Novurania
  • Inflatable RHIB AB tender with 60hp engine 
  • 2 x Yamaha VX waverunners
  • Yamaha SuperJet stand up jet ski 
  • 2 x sea kayaks
  • 2 x SeaBobs
  • 2 x stand up paddle boards
  • Wakeboards & tows
  • Snorkeling gear
  • Fishing gear
  • Approved RYA training center for personal watercraft

(2) Caterpillar 3512 Diesel Engines 1850hp (2) 185 kW 

Northern Lights generators (1) 75 kW Alaska Diesel emergency generator

Get in touch with our B&Y Yachts Sales team through our contact form or message us directly. For immediate service, call us on our 24/7 lines at (USA) +1 214 212 7604 or (UAE) +971 50 8847 327 .

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who owns motor yacht lady michelle

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Lady Michelle

Motor Yacht

Lady Michelle is a custom motor yacht launched in 2003 by Benetti and most recently refitted in 2015.

Over one century of history, more than 350 boats built including three giga yachts of 100mt and longer, over 300,000 sq m (3.229.173 sq.ft) of production facilities. These facts and figures unambiguously demonstrate the momentum of Benetti’s growth and Clients’ unrestrained confidence in the brand.

Lady Michelle measures 55.00 metres in length, with a max draft of 3.10 metres and a beam of 10.40 metres. She has a gross tonnage of 909 tonnes. She has a deck material of teak.

Lady Michelle has a steel hull with an aluminium superstructure.

Lady Michelle also features naval architecture by Benetti.

Performance and Capabilities

Lady Michelle has a top speed of 16.00 knots and a cruising speed of 14.00 knots. She is powered by a twin screw propulsion system.

Lady Michelle has a fuel capacity of 132,000 litres, and a water capacity of 22,500 litres.

She also has a range of 5,000 nautical miles.

Accommodation

Lady Michelle accommodates up to 12 guests in 6 cabins. She also houses room for up to 14 crew members.

Other Specifications

Lady Michelle is MCA compliant, her hull NB is FB 228.

Lady Michelle is a LR class yacht. She flies the flag of the Cayman Islands.

She is also fitted with a jacuzzi (on deck).

  • Yacht Builder Benetti View profile
  • Naval Architect Benetti View profile
  • Exterior Designer Stefano Natucci No profile available
  • Interior Designer Stefano Natucci No profile available

Yacht Specs

Other benetti yachts, related news.

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Behind the scenes: Captain Sandy Yawn on the reality of filming Below Deck Mediterranean

Sandy Yawn, the coolheaded captain who has shot to fame on Below Deck has returned to the helm for season six, Below Deck Mediterranean. Speaking to BOAT International she opens up about her experiences of filming the hit US reality show shown on US network Bravo.

The opportunity for Sandy, 55, to first join the Below Deck series “landed on her lap” after an acquaintance recommended her to the showrunner five years ago.

Captain Sandy revealed that she was discouraged from joining the show but decided to pursue the opportunity anyway.

“Everyone was saying don’t do it, you’ll ruin your career and I was like ‘This just landed in my lap, I can’t say no to it!' I went to the interview and said if it happens, it happens, if it doesn’t, it doesn’t. I thought well I’m already a successful captain, I can always get another job.”

Luckily, captain Sandy breezed through the interviews and was asked to join the second season of Below Deck Mediterranean, replacing outgoing captain Mark Howard.

Despite initial warnings not to join, captain Sandy said she was never concerned about her own portrayal on the show.

“You can’t make someone look bad if they’re doing their job right, no matter how you edit it,” she said. “I’m a competent captain. I’m a woman so I’ve had to work five times harder than anyone else to get there. I'm there to do the job and the TV bit comes second," she said.

She admits that her first season on the show, which saw her take charge of the 47 metre Heesen superyacht Sirocco during a busy charter season in Croatia, was a “huge learning curve” in comparison to working on professional charters.

“When you’re from the charter world, you’re used to having the best charter crew on the planet,” she said. “And then you step on board Below Deck and the chief stew has no experience.”

Working with “green” crew is a key challenge in filming  Below Deck , she said. “When someone doesn’t have passion for the job or is just there to be on TV and hope their career is going to take off, that is hard for me. I don’t have time for it, and you can always tell – the camera never lies.”

One area that poses no challenges for captain Sandy is the logistics of filming the show. “I love the production side of it,” she said. “It’s all about logistics, which is what you do as a captain.”

The intense filming schedule squeezes 16 charters into a filming period of eight weeks. This means that two groups of guests will charter the yacht in a single week, giving the crew less than 24 hours to prepare the boat for the next charter.

“Charter means working 24/7,” captain Sandy explained. “We end charter and do the tipping thing, which we’ve always done, and then we start turning the boat around. The next day, the crew are all doing interviews and then we pick up charter again.”

The sixth season of Below Deck Mediterranean features 55 metre Benetti superyacht Lady Michelle as the main charter yacht.

Alongside chartering the superyacht, the Below Deck production also charters a second boat during filming to be used by the film crew for lunch breaks, as well as a large tender to ferry around cast and production crew.

Meanwhile, more than 60 hotel rooms are booked out to support the production while an average day’s filming will see around 30 people on board the yacht.

Captain Sandy is keen to emphasise the positivity of the show, which she says is “doing a great thing for our industry.” “It shows that there are so many jobs in the industry and that there’s an industry out there thriving.”

Click here to read BOAT International's feature on superyacht Lady Michelle , the star of Below Deck Mediterranean season six.

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IMAGES

  1. Lady Michelle Yacht: Behind The Scenes

    who owns motor yacht lady michelle

  2. LADY MICHELLE Yacht • Mike Fernandez $25M Superyacht

    who owns motor yacht lady michelle

  3. LADY MICHELLE Yacht Photos (ex. Altitude)

    who owns motor yacht lady michelle

  4. 181' Benetti 55m for Sale

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  5. LADY MICHELLE Yacht in Miami

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  6. Motor yacht Lady Michelle

    who owns motor yacht lady michelle

VIDEO

  1. Inside the $18 million 2003 Benetti LADY MICHELLE SuperYacht

  2. M/Y LADY MICHELLE Yacht for Sale

  3. LADY MICHELLE Yacht in Miami

  4. M/Y LADY MICHELLE

  5. 2003 180' 6" BENETTI 55m Lady Michelle

  6. LADY M by Palmer Johnson built in 2013 (214.90ft /65.5m) visit ibiza & Formentera ! Mega Yacht !

COMMENTS

  1. MIKE FERNANDEZ: An Insight into The Healthcare Mogul

    He is the owner of the motor yacht Lady Michelle.And he also owns the smaller Miss Michelle yacht, which is normally berthed behind his Florida mansion.Both yachts were named after his daughter Michelle Fernandez.. The Lady Michelle yacht is a luxury vessel, masterfully built by Benetti in 2003, with an exclusive design by Stefano Natucci.. The yacht is powered by strong Caterpillar engines ...

  2. LADY MICHELLE Yacht • Mike Fernandez $25M Superyacht

    The Lady Michelle yacht is a luxury vessel, masterfully built by Benetti in 2003, with an exclusive design by Stefano Natucci. The yacht is powered by strong Caterpillar engines, reaching a maximum speed of 16 knots and boasting a cruising range of over 3,000 nautical miles. It provides deluxe accommodation for 12 guests and a crew of 14.

  3. Below Deck motor yacht Lady Michelle sold

    The 55 metre Benetti motor yacht Lady Michelle has been sold by Rob Newton at IYC and Jose Arana Jr at 1 Ocean Yachts, with Caleb Semtner of Semtner Brother Maritime Group, Inc assisting in the sale.. The star of Below Deck Mediterranean season six, Lady Michelle was built in steel and aluminium by Italian yard Benetti and delivered in 2003. Lloyds classed and MCA compliant, she offers a sleek ...

  4. Lady Michelle: Inside the star yacht of Below Deck Mediterranean Season 6

    Lady Michelle is the second biggest yacht to star on the show, following in the footsteps of the 56.2 metre Oceanco motor yacht The Wellington, which was used to film season five.First delivered in 2003 by Italian shipyard Benetti, she can accommodate 12 guests on board in six cabins, with a crew of 14 catering to every whim.

  5. Lady Michelle Yacht: Behind The Scenes

    The Bottom Line. The Lady Michelle was built in the year 2003 for entrepreneur and philanthropist Mike Fernandez. It was featured on the sixth season of the show Below Deck: Mediterranean which gave the vessel some international attention. However, after it was sold in 2022 for about $18, 950,000 the vessel was retrofitted and also renamed the ...

  6. Below Deck yacht names revealed

    LADY MICHELLE: NEXT CHAPTER: 180' From $275,000/week: Season 5: THE WELLINGTON: THE WELLESLEY: 184' From €230,000/week: Season 4: SIROCCO: SIROCCO: 154' From €180,000/week: ... Mediterranean premiered in June 2021 and saw a new vessel, motor yacht LADY MICHELLE, since re-named NEXT CHAPTER, take center stage. It also saw the return of ...

  7. 55m Benetti yacht Lady Michelle finds new owners

    The 55m Benetti yacht Lady Michelle has been sold in a deal with IYC representing the seller and 1 Ocean Yachts assisting with the negotiations. ... Motor Yachts. By Shipyard. Feadship. Benetti. Azimut. Lürssen. Sanlorenzo. Westport. Heesen. SilverYachts. By Type. Explorer. Sport Fishermen. Flybridge. Trawler. Sport. SYT Products.

  8. 'Below Deck Mediterranean' Season 6 Yacht Selling for Cool $19.5 Million

    The superyacht, Lady Michelle, featured on Below Deck Mediterranean Season 6 is being offered for sale for $19.5 million.. Built in 2003, the 55 m / 180′6″ luxury motor yacht boasts six cabins ...

  9. 55.0m Lady Michelle Superyacht

    Lady Michelle is a custom motor yacht launched in 2003 by Benetti and most recently refitted in 2015. Over one century of history, more than 350 boats built including three giga yachts of 100mt and longer, over 300,000 sq m (3.229.173 sq.ft) of production facilities. These facts and figures unambiguously demonstrate the momentum of Benetti's ...

  10. Superyachtfan

    Inside LADY MICHELLE Yacht • Benetti • 2003 • Value $25,000,000 • Owner Mike Fernandez The Lady Michelle yacht was built by Benetti in 2003. The superyacht is designed by Stefano Natucci.

  11. Who Owns the Yachts On Below Deck? (Valor, Ohana, My Seanna)

    Lady Michelle was built by Benetti. The owner of Lady Michelle is Mike Fernandez, who is a successful businessman and philanthropist with an estimated net worth of $500 million. Lady Michelle was built in 2007 and underwent a major refit in 2019. The yacht is available for charter and has been featured on the Below Deck franchise.

  12. The Lady Michelle Yacht From 'Below Deck Med' Costs A Lot To ...

    According to the Burgess Yachts chartering site, chartering the Lady Michelle costs $275,000 per week during the summer and up to $310,000 per week during the peak winter season. By comparison ...

  13. NEXT CHAPTER Yacht Charter

    NEXT CHAPTER Yacht Charter. NEXT CHAPTER currently registered in the Cayman Islands is actively available for charter. The luxury motor yacht NEXT CHAPTER, previously named LADY MICHELLE, was built by Benetti and delivered to her owner in 2003, she later underwent a refit in 2024. The exterior of NEXT CHAPTER is designed by Stefano Natucci (Italy).

  14. Below Deck Mediterranean season 6 in Croatia onboard luxury yacht LADY

    Below Deck Season 6. Yacht Charter. East Mediterranean. Croatia. Set to premiere on 28 June, the successful Bravo franchise is back and bigger than ever promising compelling viewing as we follow the latest antics of charter guests and crew onboard the 180-foot Benetti motor yacht LADY MICHELLE; from a major storm, heated hot tub blow-up and a ...

  15. Miami Billionaire Parting With His Glamorous Superyacht ...

    Fans of the popular Bravo TV spin-off show Below Deck Mediterranean had the chance to admire the glamorous Lady Michelle in action. The 180-foot (55 meters) superyacht began starring in the show ...

  16. Lady Michelle Available for Sale With Iyc

    Lady Michelle is a seasoned charter yacht presented in impeccable condition and offered for sale by IYC and 1Ocean Yachts. Built by pedigree yard Benetti in 2003 and most recently refit in 2020, Lady Michelle's 909 GT features the most spacious layout, inside and out, of any 180'6"/55m vessel.She also belongs to the most successful 55m class of yacht ever produced and represents best ...

  17. 'Below Deck Mediterranean' Season 6: Is Lady Michelle the Biggest Boat

    Published on June 28, 2021. 2 min read. Below Deck Mediterranean 's Season 6 superyacht is a "big boat" but it isn't the biggest boat featured on the show. At 180.6 feet, the Lady Michelle ...

  18. Below Deck boats: how to charter yachts from the hit reality show

    Sailing under her real name, Lady Michelle was the star of the sixth series of Below Deck Mediterranean, which was the latest series from the Med spin off.The 54.8 metre Benetti superyacht is the second biggest yacht ever to feature on the show, following just behind the 56.2 metre motor yacht The Wellington from season five. During season six Lady Michelle hosted charter guests in Ibenik ...

  19. LADY MICHELLE super luxury motor yacht charter with B & Y Charters

    Luxury charter motor yacht Lady Michelles interior configuration has been designed to comfortably accommodate up to 12 guests overnight in 6 cabins, comprising a master suite, 1 VIP stateroom, 2 double cabins and 2 twin cabins. She is also capable of carrying up to 15 crew onboard to ensure a relaxed luxury yacht experience.

  20. 55.0m Lady Michelle Superyacht

    Lady Michelle is a luxury motor yacht built in 2003 by Benetti. Click for more information about this superyacht, including specifications, images, video a…

  21. Below Deck Mediterranean season 6: Captain Sandy Yawn opens up about

    The sixth season of Below Deck Mediterranean features 55 metre Benetti superyacht Lady Michelle as the main charter yacht. Alongside chartering the superyacht, the Below Deck production also charters a second boat during filming to be used by the film crew for lunch breaks, as well as a large tender to ferry around cast and production crew.