who owns motor yacht lady michelle

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Lady Michelle Yacht: Behind The Scenes

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?

 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?

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?

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. 

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

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? 

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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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.

NEXT CHAPTER

2003   benetti    180ft  /  55m.

NEXT CHAPTER Yacht Charter

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

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 the Caribbean and 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.

Central America

• 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

Destinations

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 Middle Atlantic.

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.

U.S. Customs & Border Protection

The yachting industry has no global listing service to which all charter yachts must subscribe to, making it impossible to ascertain a truly up-to-date view of the market. Charter Index is a news and information service and not always informed when yachts leave the charter market, or when they are recently sold and renamed, it is not always clear if they are still for charter. Whilst we endeavour to maintain accurate information, the existence of a listing on Charter Index should in no way supersede official documentation supplied by the representatives of a yacht.

Specification

Popular related yachts

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

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.

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.

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.

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.

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).

2023 Cost Of Mediterranean Yacht (As Seen On Below Deck

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.

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.

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.

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.

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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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.  

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 !

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. 

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 . 

Featured yachts available for charter in East Mediterranean

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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.

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.

Inside £10m yacht linked to Michelle Mone as luxury vessel is put up for sale

Michelle Mone and her billionaire husband Doug Barrowman face a National Crime Agency investigation

• 17:18, 25 SEP 2022
• Updated 08:09, 26 SEP 2022

A yacht linked to Scottish underwear tycoon and Tory peer Michelle Mone has been put up for sale for £10.25 million. The sale of Lady M is listed months after a multi-million-pound refit to the 130ft vessel, which the 50-year-old socialite regularly features on her social media pages.

The boat, which was refurbished in May, features a deluxe cream-coloured interior and four cabins as well as room for six crew report the Express.

READ MORE - Jilted bride goes ahead with wedding anyway after spending her entire life savings

It comes as Mone and her billionaire husband Doug Barrowman face a National Crime Agency investigation after the peer recommended PPE Medpro during the pandemic, a firm with connections to her husband - with the pair denying any wrongdoing.

The House of Lords commissioner for standards launched into Baroness Mone in January following a complaint by the Labour peer George Foulkes.

The group was awarded two contracts worth £200 million to supply surgical gowns and other items during the pandemic in 2020 which proved useless after the goods failed an inspection. The Department for Health is in dispute with PPE Medpro over millions of surgical gowns which it bought for £122m in 2020.

Once it became public last year that she had referred PPE Medpro to the Cabinet Office using the "VIP lane", Baroness Mone admitted she made the “very simple, solitary and brief step” but insisted “did not do anything further in respect of PPE Medpro”.

But in leaked Whatsapp messages Mone was allegedly asked what size of gowns were required under the Department of Health deal and replied: “We are just about to take off in the jet. The sizes are in the order. We are waiting for the official PO [purchase order], this should come in today.”

Mone’s lawyers said she could not be expected to comment on “unknown and unattributable WhatsApp messages allegedly sent 19 months ago”.

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Sources told the Guardian newspaper that Barrowman, an offshore entreprenuer on the Isle of Man, was "part of the financial consortium that backed" PPE Medpro. But his lawyers said the allegations were “largely incorrect”.

Four properties linked to the firm, including a £25 million Isle of Man bolt hole were raided by the NCA in April. No arrests were made during simultaneous raids in London and the Isle of Man but officers seized documents and electronic devices.

Set up by Mr Barrowman in 2017 – with his wife as a trustee – it donates to the Prince’s Trust, but has not lodged any donations in its accounts.

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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.

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Who Owns Which Superyacht? (A Complete Guide)

Have you ever wondered who owns the most luxurious, extravagant, and expensive superyachts? Or how much these lavish vessels are worth? In this complete guide, we’ll explore who owns these magnificent vessels, what amenities they hold, and the cost of these incredible yachts.

We’ll also take a look at some of the most expensive superyachts in the world and the notable people behind them.

Get ready to explore the world of superyachts and the people who own them!

Table of Contents

Short Answer

The ownership of superyachts is generally private, so the exact answer to who owns which superyacht is not always publicly available.

However, there are some notable superyacht owners that are known.

For example, Larry Ellison, the co-founder of Oracle, owns the Rising Sun, which is the 11th largest superyacht in the world.

Other notable owners include Russian billionaire Roman Abramovich and Microsoft co-founder Paul Allen.

Overview of Superyachts

The term superyacht refers to a large, expensive recreational boat that is typically owned by the worlds wealthy elite.

These vessels are designed for luxury cruising and typically range in size from 24 meters to over 150 meters, with some even larger.

Superyachts usually feature extensive amenities and creature comforts, such as swimming pools, outdoor bars, movie theaters, helipads, and spas.

Superyachts can range in price from $30 million to an astonishingly high $400 million.

Like most luxury items, the ownership of a superyacht is a status symbol for those who can afford it.

The list of superyacht owners reads like a whos who of billionaires, with names like Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

The most expensive superyacht in the world is owned by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani.

While some superyacht owners prefer to keep their vessels out of the public eye, others have made headlines with their extravagant amenities.

Some of the most famous superyachts feature swimming pools, private beaches, helicopter pads, on-board cinemas, and luxurious spas.

In conclusion, owning a superyacht is an exclusive status symbol for the world’s wealthy elite.

These vessels come with hefty price tags that can range from $30 million to over $400 million, and feature some of the most luxurious amenities imaginable.

Notable owners include the Emir of Qatar, Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

Who are the Owners of Superyachts?

From Hollywood celebrities to tech billionaires, superyacht owners come from all walks of life.

Many of the most well-known owners are billionaires, including Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

Other notable owners include Hollywood stars such as Leonardo DiCaprio and Johnny Depp.

However, not all superyacht owners are wealthy.

Many are everyday people who have worked hard and saved up to purchase their dream vessel.

Other notable billionaire owners include Oracle co-founder Larry Ellison, Saudi Prince Alwaleed bin Talal, and former US President Donald Trump.

These luxurious vessels come with hefty price tags that can range from $30 million to over $400 million.

For many superyacht owners, their vessels serve as a status symbol of wealth and luxury.

Some owners prefer to keep their yachts out of the public eye, while others have made headlines with their extensive amenities – from swimming pools and helicopter pads to on-board cinemas and spas.

Many of these yachts are designed to the owner’s exact specifications, ensuring that each one is totally unique and reflects the owner’s individual tastes and personality.

Owning a superyacht is an exclusive club, reserved for those with the means and the desire to experience the ultimate in luxury.

Whether they are billionaires or everyday people, superyacht owners are all united in their love of the sea and their appreciation for the finer things in life.

The Most Expensive Superyacht in the World

When it comes to superyachts, Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, certainly knows how to make a statement.

His luxury vessel, the 463-foot Al Mirqab, holds the title of the world’s most expensive superyacht.

Built in 2008 by German shipbuilder Peters Werft, this impressive yacht is complete with 10 luxurious cabins, a conference room, cinema, and all the amenities one would expect from a vessel of this magnitude.

In addition, the Al Mirqab features a helipad, swimming pool, and even an outdoor Jacuzzi.

With a price tag of over $400 million, the Al Mirqab is one of the most expensive yachts in the world.

In addition to the Emir of Qatar, there are several other notable owners of superyachts.

Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos all own luxurious vessels.

Bezos yacht, the aptly named The Flying Fox, is one of the longest superyachts in the world at a staggering 414 feet in length.

The Flying Fox also comes with a host of amenities, such as a helipad, swimming pool, spa, and multiple outdoor entertaining areas.

Bezos also reportedly spent over $400 million on the vessel.

Other notable owners of superyachts include Saudi Prince Alwaleed bin Talal, who owns the $200 million Kingdom 5KR, and Oracle founder Larry Ellison, who owns the $200 million Rising Sun.

There are also many lesser-known owners, such as hedge-fund manager Ken Griffin, who owns the $150 million Aviva, and investor Sir Philip Green, who owns the $100 million Lionheart.

No matter who owns them, superyachts are sure to turn heads.

With their impressive size, luxurious amenities, and hefty price tags, these vessels have become a symbol of wealth and prestige.

Whether its the Emir of Qatar or a lesser-known owner, the worlds superyacht owners are sure to make a statement.

Notable Superyacht Owners

When it comes to the wealthiest and most luxurious owners of superyachts, the list reads like a whos who of the worlds billionaires.

At the top of the list is the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, who holds the distinction of owning the most expensive superyacht in the world.

Aside from the Emir, other notable owners include Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

All of these owners have made headlines with their extravagant vessels, which are typically priced between $30 million and $400 million.

The amenities that come with these vessels vary greatly from owner to owner, but they almost always include luxurious swimming pools, helicopter pads, on-board cinemas, and spas.

Some owners opt for more extravagant features, such as submarines, personal submarines, and even their own personal submarines! Other owners prefer to keep their vessels out of the public eye, but for those who prefer a more showy approach, they can certainly make a statement with a superyacht.

No matter who owns the vessel, it’s no surprise that these superyachts are a status symbol among the world’s wealthiest.

Whether you’re trying to impress your peers or just looking to enjoy a luxurious outing, owning a superyacht is the ultimate way to show off your wealth.

What Amenities are Included on Superyachts?

Owning a superyacht is a sign of wealth and prestige, and many of the worlds most prominent billionaires have their own vessels.

The most expensive superyacht in the world is owned by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, while other notable owners include Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

The cost of a superyacht can range from $30 million to over $400 million, but the price tag doesnt quite capture the sheer extravagance and amenities of these vessels.

Superyachts come with all the comforts of home, and then some.

Many owners will equip their vessels with swimming pools, helicopter pads, on-board cinemas, spas, and other luxury amenities.

The interior of a superyacht can be custom-designed to the owners specifications.

Some owners opt for modern, sleek designs, while others prefer a more traditional look.

Many of the most luxurious yachts feature marble floors, walk-in closets, and custom-made furniture.

Some vessels even come with a full-service gym, complete with exercise equipment and trained professionals.

Other amenities may include a library, casino, media room, and private bar.

When it comes to outdoor amenities, superyachts have some of the most impressive features in the world.

Many yachts come with outdoor entertainment areas, complete with full kitchens, dining rooms, and lounge areas.

Some owners even opt for hot tubs or jacuzzis for relaxing afternoons in the sun.

And, of course, there are the jet skis, water slides, and other exciting water activities that come with many of these vessels.

No matter what amenities a superyacht has, it is sure to be an experience like no other.

From the sleek interiors to the luxurious outdoor features, these vessels provide a unique, luxurious experience that is unrivaled on land.

Whether you’re looking for a relaxing escape or an exciting adventure, a superyacht is sure to provide.

How Much Do Superyachts Cost?

When it comes to superyachts, the sky is the limit when it comes to cost.

These luxury vessels come with hefty price tags that can range from anywhere between $30 million to over $400 million.

So, if youre in the market for a superyacht, youre looking at an investment that could easily break the bank.

The cost of a superyacht is driven by a variety of factors, including size, amenities, and customization.

Generally, the larger the yacht, the more expensive it will be.

Superyachts typically range in size from 100 feet to over 200 feet, and they can be as wide as 40 feet.

The bigger the yacht, the more luxurious features and amenities it will have.

Amenities also play a significant role in the cost of a superyacht.

While some owners prefer to keep their yachts out of the public eye, others have made headlines with their extensive amenities.

From swimming pools and helicopter pads to on-board cinemas and spas, the sky is the limit when it comes to customizing a superyacht.

The more amenities a superyacht has, the more expensive it will be.

Finally, customization is another major factor that will drive up the cost of a superyacht.

Many luxury vessels have custom-designed interiors that are tailored to the owners tastes.

From custom furniture and artwork to lighting and audio systems, the cost of a superyacht can quickly escalate depending on the level of customization.

In short, the cost of a superyacht can vary widely depending on its size, amenities, and customization.

While some may be able to get away with spending a few million dollars, others may end up spending hundreds of millions of dollars on their dream yacht.

No matter what your budget is, its important to do your research and find out exactly what youre getting for your money before signing on the dotted line.

Keeping Superyachts Out of the Public Eye

When it comes to owning a superyacht, some owners prefer to keep their vessels out of the public eye.

Understandably, these individuals are concerned with privacy and discretion, and therefore tend to take measures to ensure their yachts are not visible to outsiders.

For instance, some superyacht owners opt to keep their vessels in private marinas, away from the public areas of larger ports.

Additionally, some yacht owners may choose to hire security guards to patrol and protect their vessels while they are moored or sailing.

In addition to physical security, some superyacht owners also use technology to keep their vessels out of the public eye.

For example, a yacht owner may choose to install a satellite-based communications system that allows them to keep their vessel completely off-radar.

This system works by bouncing signals off satellites rather than transmitting them, making it virtually impossible for anyone to track the yachts movements.

Finally, some superyacht owners also choose to limit the number of people who have access to their vessels.

For instance, the owner may only allow family members and close friends to board the yacht.

Additionally, the owner may choose to employ a limited number of staff to help maintain the vessel and keep it running smoothly.

These individuals may be required to sign non-disclosure agreements to ensure they do not disclose any information about the yacht or its owner.

Overall, while some superyacht owners may choose to keep their vessels out of the public eye, there are still plenty of other ways to show off the opulence associated with owning a superyacht.

From swimming pools and helicopter pads to on-board cinemas and spas, there are many luxurious amenities that can make a superyacht the envy of any jet setter.

Final Thoughts

Superyachts are a symbol of luxury and status, and the list of yacht owners reads like a who’s who of billionaires.

From the Emir of Qatar’s world-record breaking $400 million yacht to Microsoft co-founder Paul Allen’s vessel with a helicopter pad and on-board spa, the amenities of these luxury vessels are truly stunning.

With prices ranging from $30 million to over $400 million, owning a superyacht is an expensive endeavor.

Whether you’re looking to purchase one or just curious to learn more about the owners and their amenities, this guide will provide you with all the information you need to stay up to date with the superyacht scene.

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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130ft luxury yacht linked to 'Baroness Bra' and Tory Peer Michelle Mone is listed for sale for £10.25million

• Superyacht is on sale for £10.25 million – months after a multi-million-pound refit
• Former bra tycoon and Tory peer Michelle Mone, 50, is linked to the 130 ft boat 
• It comes after turbulent year for Mone and billionaire husband Doug Barrowman 

By Guy Walters For The Mail On Sunday

Published: 17:21 EDT, 24 September 2022 | Updated: 18:28 EDT, 24 September 2022

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A yacht linked to former bra tycoon and Tory peer Michelle Mone has been put up for sale for £10.25 million – months after a multi-million-pound refit.

The 130ft vessel, Lady M, featured regularly as a glamorous backdrop on her Instagram page.

It has four guest cabins and room for six crew. Everything from the cream interiors and teak decking to the hull and navigational equipment was refurbished in May.

Michelle Mone with the yacht, Lady M. The 130ft vessel featured regularly as a glamorous backdrop on her Instagram page

The sale comes after a turbulent year for the 50-year-old and her billionaire husband Doug Barrowman. 

In April, the National Crime Agency began investigating PPE Medpro, a firm with connections to Mr Barrowman, after it was awarded two contracts worth £200 million to supply surgical gowns during the pandemic in 2020. 

They were never used after failing an inspection.

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The NCA is likely to interview Baroness Mone after she recommended the firm to Ministers. 

Four properties linked to it, including a £25 million Isle of Man home the pair owned, were raided by the NCA. The couple deny wrongdoing.

The yacht, said to be ‘phenomenal’ by sales agent Cecil Wright, is linked to PPE Medpro. 

It is owned by a firm registered on the Isle of Man called L M Yachts, whose director is Anthony Page. 

The sale comes after a turbulent year for the 50-year-old and her billionaire husband Doug Barrowman

The employee of Knox House Trust, part of Mr Barrowman’s Isle of Man-based Knox Group, also owns PPE Medpro.

In March, AML Tax (UK) Ltd, also part of Knox Group, was fined £150,000 for withholding records needed to calculate tax bills.

The Charity Commission recently opened a compliance case into the Barrowman Foundation. 

Set up by Mr Barrowman in 2017 – with his wife as a trustee – it donates to the Prince’s Trust, but has not lodged any donations in its accounts.

Baroness Mone recently paid £50,000 to settle a libel claim from an ex-friend of Indian heritage who accused her of racism for calling him ‘a waste of a man’s white skin’.

Share or comment on this article: 130ft luxury yacht linked to 'Baroness Bra' and Tory Peer Michelle Mone on sale for £10.25million

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39m Fitzroy sailing yacht Lady M listed for auction with $5.5M minimum bid

The 38.9-metre Fitzroy sailing yacht Lady M is now available for bidding with G3 Auctions, an auction house based in Florida. A minimum bid of $5,500,000 has been set with a deadline for 24 August 2024.

Lady M 's last known owners were Scottish businessman Doug Barrowman and his wife Michelle Mone, a former Conservative peer at the House of Lords and the founder of lingerie company Ultimo.

The sailing yacht was delivered in 2006 to a design by the late Ed Dubois . Her original interiors were styled by British studio RWD , though H2 Yacht Design stepped in to redecorate during a major refit in 2022. Key numbers include a 8.3-metre beam, a volume of 170GT and a draft of four metres.

Accommodation is for a party of up to 10, comprising a king-sized owner's suite, a double cabin, a convertible twin with a Pullman berth and a twin cabin, also with a Pullman berth. There are further quarters for six crew. 

Leisure highlights include the upper saloon, which is filled with light through the wraparound windscreen and arranged with a bar and seating with a convertible table. Meanwhile, the lower saloon features twin sofa seating, a coffee table and a large television.

Stepping outdoors, the main cockpit is shaded by a Bimini and features two small tables that can be connected to form a larger dining area.

Another al fresco offering is the bow, scattered with beanbags and sheltered from the sun by a large awning. Deckchairs can also be laid out on the swim platform.

"Sellers engage my company because time is money. In a normal market, it can take years to sell a yacht, a jet, or a luxury home," G3 Auctions president Guy Masters told BOAT International . "This auction provides a level playing field where buyers submit bids based on what they think the yacht is worth."

G3 Auctions has valued Lady M at $11,2000,000. The yacht is lying in Montenegro, according to BOATPro 's fleet tracker. 

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