john christodoulou yacht zeus

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ZEUS Yacht – Harmonious $50M Superyacht

ZEUS yacht is a 74-meter yacht that can accommodate up to 15 guests using her six cabins and fit up to 21 onboard qualified crew members in her nine spacious cabins.

She was built in 1991 by Blohm and Voss and was designed both on the exterior and interior by Francis Design.

She weighs approximately 1,150 tons and can cruise at speeds of 19 knots, and can go to a top speed of 35 knots.

ZEUS yacht interior

Designing the interior of the ZEUS yacht is Francis Design , a design studio led by Martin Francis. A UK-born and raised individual who graduated in Furniture and has since transitioned to yacht interior design.

He started designing yachts back in 1980 and has amassed tons of experience after working on several yacht projects.

One of these is GOLDEN ODYSSEY , a 123-meter superyacht owned by Prince Khaled bin Sultan.

This 400 million US dollar superyacht can welcome 32 guests in 16 cabins and fit 60 qualified crew members in 30 cabins.

She weighs 7,690 tons, can cruise at speeds of 11 knots, and can go to a top speed of 21 knots.

Another is the SENSES yacht, a 59.22-meter yacht capable of welcoming 14 crew members, and ten guests and can go to a top speed of 15 knots.

There is little known information regarding the amenities aboard the ZEUS Yacht, but pictures of her suggest that she has access to a sun deck and an outside dining area.

She can also welcome up to 15 guests using her six cabins with specifications of 1 Master, 1 VIP, and 4 Doubles. Additionally, she can also fit up to 21 qualified onboard crew members.

Specifications

ZEUS yacht spans an overall length of    244.5 feet or 74.5 meters, a beam of 36.9 feet or 11.2 meters, and a draft of 10.6 feet or 3.2 meters.

She is built with a teak deck, a steel hull, and an aluminum superstructure and was completed in 1991 by Blohm and Voss .

She weighs approximately 1,150 tons and is powered by two kamewa 112s mechanical engines that turn her twin screw propulsion systems, capable of outputting 10,010 hp, which enable her to cruise at 19 go to a maximum speed of 35 knots.

ZEUS Yacht is capable of storing 38,000 liters of fresh water and holding 230,000 liters worth of fuel in her fuel tanks which allows her to cover distances of over 4,031 nautical miles.

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Iconic yachts: The vision behind the radical 74.5m superyacht Zeus

When Martin Francis was commissioned to design Eco , now Zeus , – his first motor yacht – in 1991, the brief from experienced owner Emilio Azcárraga was for a 55 to 60 metre superyacht capable of 25 knots. But after two years’ work that produced everything except the desired ‘wow factor’, Azcárraga said he was thinking of buying Carinthia VI (now The One ), the 71 metre classic Bannenberg design.

As she was longer and had much less accommodation, she did not satisfy the brief Francis had been given, so he showed how, for a given size of superstructure, the projected vessel looked better and went faster with a longer hull. This proposal, at 72 metres, with radical curved windows inspired by Parisian buses, convinced Azcárraga to build the design.

As the contract negotiations progressed, he decided to go for the high-speed gas turbine option and thus increase the contract design speed to 30 knots. Blohm + Voss was chosen as the builder because of its extensive experience with high-speed naval vessels equipped with gas turbines.

The propulsion system selected comprised twin diesel engines driving wing jets for cruising up to 20 knots and a central GE LM1600 gas turbine driving a booster jet. Zeus was the launch customer for the LM1600, and the central KaMeWa waterjet was the largest built at that time. Extensive tank testing comprising 11 different transom and hydrofoil combinations proved that the proposed hydrofoil improved performance dramatically in both cruising (18 knots) and high-speed (30 knots-plus) modes.

For Zeus's interior, Azcárraga asked for an art deco-inspired look, and Francis appointed the designer responsible for the acclaimed Mamounia hotel in Marrakesh, François Zuretti. He had never worked on a yacht before but had an indispensable understanding of the owner’s tastes and lifestyle.

In contrast to today’s practices, Martin Francis managed the entire project, the owner having said: ‘It’s your project – get on with it. Here are five million dollars. Let me know when you need some more.’ None of the team of young designers and architects that was assembled had previous yacht experience but many later made their mark in the industry. Judith Hilpern, Clifford Denn , Espen Øino , Jonny Horsfield , Mark Smith, Dick Sarre and Dan Lenard all worked on the project at different times.

After the predictable – considering the level of innovation – teething troubles, Zeus performed remarkably well, using the gas turbine extensively at speeds of up to 35 knots. Azcárraga cruised her on both sides of the Atlantic and even acquired Eco Supporter , a small tanker, to enable ‘mid-flight’ refuelling on crossings under the gas turbine.

In her original configuration, the aft deck of Zeus was designed to carry a Maule turbo-prop float plane, a Riva Aquarama, a Tulio Abbate custom tender and a Harley Davidson. After her purchase by Larry Ellison in 1999, when she was renamed Katana , Francis converted the aft deck into a basketball court and lowered the owner’s deck aft to create a saloon with an outside dining area. Zeus was sold to British entrepreneur Aidan Barclay in 2004 as Enigma and was sold again in 2017 , renamed Zeus .

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Photos: John Christodoulou awarded Goodwill Ambassador 2022

There was plenty of festive plate smashing on Saturday night as the Monaco Ambassador’s Club, under the high patronage of Prince Albert II, honoured Monaco resident and Cypriot businessman John Christodoulou with the Goodwill Ambassador’s Award at a lavish ceremony at the Hôtel Hermitage.

John Christodoulou is a low-profile, self-made Cypriot billionaire who has forged an international, privately held real estate empire with a portfolio of residential, hotel, retail and leisure properties in the United Kingdom and Europe. His 74-metre yacht Zeus is a mainstay on the Monaco horizon.

But John Christodoulou is also a well-known philanthropist, backing numerous projects that help improve the lives of vulnerable children through his John Christodoulou Foundation. Most recently, he also supported many projects during the Covid-19 pandemic, funded a new gym facility for staff at Monaco’s Princess Grace Hospital Centre, and offered two of his UK hotels for free to home 750 Ukrainian refugees.

Born in Nicosia, Cyprus, in 1965, Christodoulou has been a Monaco resident for a number of years. On Saturday night, during a gala on the beautiful terraces of the Hermitage Hotel, Prince Albert II and Monaco Ambassadors Club President Christian Moore awarded John Christodoulou with the Goodwill Ambassador’s Award for his achievements and his “unquestionable loyalty to Cyprus”, said Christian Moore.

“It gives me great pleasure to present this year’s Goodwill Ambassador’s Award to John,” said Prince Albert II of Monaco. “He is a great friend, and a great supporter of Monaco and everything that we do here. Thank you so much for that, for all of your philanthropic activities, and for your kindness and outstanding generosity not only to your friends but to all those in need.”

Prince Albert was presented with an award from Cyprus, while Christodoulou was also presented with the Holy Humanitarian Cross by Ieronymos Pyliotis, a representative of the church of Cyprus.

“One of the things we have in common with the church is they are the biggest landlords in the world,” said Christodoulou, laughing. “As a real estate guy, we are trying to get there.”

Privileged guests of the MAC gala were transported to the islands for an evening thanks to a delicious Greek-inspired menu, traditional music and, of course, some celebratory plate smashing.

Upon receiving the Goodwill Ambassador’s Award, John Christodoulou said, “When you live in Monaco, we sometimes take it for granted, but this is the best place to live in Europe. Our Prince is doing an incredible job.”

The Goodwill Ambassador’s Gala was organised by the staff of the Monaco Ambassadors Club including General Secretary Alessandra Sparaco, Club Manager Catherine Bernaz and Event Manager Manon Delpont. It was sponsored by Borsalino and Benedetta Bizzini, with limited edition Monte Cristo hats being been offered to Prince Albert, MAC President Christian Moore, MAC Vice President Mike Powers and John Christodoulou, Goodwill Ambassador 2022.

The Monaco Ambassadors Club will next year be celebrating its 50 th anniversary. It was established in 1973 by HSH Princess Grace of Monaco to assemble the rich blend of cultures in the Principality, with each member bringing a particular dynamic to the club and becoming an emissary of Monaco. The next big MAC event on the calendar is the Summer Party, to be held at the stunning La Vigie villa, on 6 th July.

Click on the gallery below to see more images from the Goodwill Ambassador’s Award Gala © Yvan Grubski …

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Billionaire property tycoon who entertained England football stars on his £40m yacht 'claimed up to £6million' taxpayer furlough cash

• John Christodoulou claimed furlough money for hospitality businesses
• Furlough funds went to shell companies where he was not listed as a director
• Christodoulou is one of Britain's richest men with a reported £2billion fortune
• The Cypriot recently hosted England's Euro 2020 stars on his £40m yacht, Zeus 

By Chay Quinn For Mailonline

Published: 07:11 EDT, 23 October 2021 | Updated: 12:03 EDT, 26 October 2021

One of Britain's richest men claimed up to £6million in furlough money to support staff in his hospitality businesses.

John Christodoulou told a London audience that he had not borrowed any money  and had not had to sack anyone who worked for him due to the pandemic, according to The Times .

Mr Christodoulou is one of Britain's richest men with a net worth of over £2billion in May according to The Sunday Times Rich List. 

The money was claimed for four shell companies which do not list Mr Christodoulou as a director but are under his control.

Mr Christodoulou owns a £40m yacht berthed in Monaco where the Cypriot billionaire lives

Blue Manchester, Blue Liverpool, YFSCR and Octagon Pier claimed between £1.3million and £2.9million in furlough cash between December 2020 and June 2021.

HM Revenue and Customs have declined to release figures from before December but these four companies would have been able to claim up to £6.5million since the beginning of the furlough scheme in April 2020.

Mr Christodoulou told an event at the National Union of Cypriots in June that: 'We borrowed no money from the government.

'Not just because I didn't feel it's the right thing to do [but] because it shows the wrong sign.'

He also claimed that he did not have to sack anyone who worked for him due to the pandemic.

The Cypriot recently hosted England's Euro 2020 stars Mason Mount, Luke Shaw and Declan Rice on his £40million yacht, Zeus. 

The Government's job retention scheme was wound up on September 31 and had supported over 11 million jobs which were affected by the Covid pandemic.

Mr Christodoulou (left centre) is known to rub shoulders with stars including boxer Anthony Joshua

Declan Rice recently posted a pictured onboard the Zeus, Christodoulou's yacht, with fellow England stars Luke Shaw and Mason Mount

Mr Christodoulou is the chairman of the Yianis Group and has made his reported £2billion fortune in property after fleeing to the UK as a child fleeing the Turkish invasion of his native Cyprus.

The Yianis Group is a property empire which includes hotels and offices across Europe but particularly in the UK.

Tenants in a Hackney tower block which Yianis Group owns wrote to Mr Christodoulou in October to ask for rent reductions and protested outside five-star hotels which Yianis owns in Canary Wharf.

MailOnline has contacted Yianis Group for comment. 

Share or comment on this article: Billionaire property tycoon 'claimed up to £6million in furlough cash'

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Billionaire property tycoon ‘claimed millions in furlough’

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A billionaire property developer is said to have claimed up to £6million in the Government Job Retention Scheme or  furlough  – saying he ‘borrowed nothing’ from the Government during the pandemic. 

John Christodoulou, one of the richest men in Britain, apparently told an audience in  London  how borrowing public cash sends the ‘wrong image’.

But the property tycoon, who entertains Premier League footballers on his £40million yacht, claimed millions through the scheme,  The Times  reports.

He was said to have a net worth of over £2bn in May, according to The Sunday Times Rich List.

The funds were claimed through the government’s coronavirus retention scheme allegedly via ‘shell’ companies which do not list Mr Christodoulou as a director, but are believed to be under his control.

The companies – named in The Times as Blue Manchester, Blue Liverpool, YFSCR and Octagon Pier – are said to have claimed between £1.3m and £2.9m from last December until June this year.

HM Revenue and Customs has declined to release figures from before December but the companies could have requested up to £6.5m in aid since the furlough scheme began in April 2020.

Cypriot-born Mr Christodoulou – who is based in Monaco – recently welcomed England Euro 2020 stars Mason Mount, Luke Shaw and Declan Rice aboard his yacht, named after Greek God, Zeus.  

He told a meeting of the National Federation of Cypriots in June this year how the last 18 months had been ‘very, very tough’ as hotels, which account for 30% of his property empire, ‘suffered incredibly’.

‘We borrowed no money from the government…I didn’t, not just because I didn’t feel it’s the right thing to do (but) because it shows the wrong sign.’

He also said he did not have to make any employees redundant due to the pandemic, adding: ‘The biggest thing for me is to stay faithful to the people who are faithful to me.

‘We haven’t had to sack or get rid of anybody that works for me.’

The furlough scheme officially ended on September 30 this year – when almost one million people were still signed up.

Mr Christodoulou is chairman of Yianis Group, a real estate giant which includes offices and hotels across Britain and Europe.

He and the company did not respond when approached by The Times.

Metro.co.uk has contacted Yianis group for further comment.

Get in touch with our news team by emailing us at  [email protected] .

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John Christodoulou Children : 4

John Christodoulou Born : 1965 (age 58years), Cyprus

John Christodoulou Known_for : Owner, Yianis Group

John Christodoulou Net worth : 1.1billion USD (2024)

John Christodoulou Nationality : British

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