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Bill Gates Yacht: Everything You Want To Know

In 2020 the yachting world was abuzz with news that Bill Gates had bought as stunning and advanced yacht known as Project Aqua. The massive, 370-foot concept yacht was revealed in 2019 at the Monaco Yacht Show and news soon followed that billionaire Bill Gates, once the richest man in the world and the founder of Microsoft, had commissioned the construction of his own hydrogen-powered Aqua. But that never actually happened and, in fact, as near as anyone can tell for real, Bill Gates doesn’t own a yacht at all. 

So where did the story come from? What’s the deal with the Aqua? And hasn’t Bill Gates been pictured on a yacht before? Let’s get some answers.

How Much Did the Aqua Yacht Cost at the Monaco Yacht Show?

According to the stories online, Bill Gates paid $600 million for the hydrogen powered yacht. But that’s not true at all. According to the yacht makers, the Dutch company Sinot, the price tag is $645 million but no one bought it after it was revealed at the Monaco Yacht Show, and that includes Bill Gates. It’s expensive but definitely not the most expensive in the world.

How Fast is the Aqua Yacht?

Aqua is a unique yacht in the yachting world which is why it garnered so much attention in the first place. It’s the first mega yacht that runs on a fully operational liquid hydrogen and fuel cell system that features two hydrogen engines that can produce 1,341 horsepower. The top speed is 17 knots and  the Aqua has a cruising speed of 12 knots. The total range is 3,750 nautical miles. The liquid hydrogen is stored in two 28-ton vacuum sealed tanks where it can be held at -253 degrees C. The only exhaust is water.

What Does the Interior of  the Aqua Yacht Look Like?

The Aqua has 7 suites meant to house up to 14 guests at any given time. Two of those suites are larger VIP cabins. The ceilings throughout are 9 feet and stretch as high as 12.5 feet elsewhere thanks to the luxury Sinot yacht architecture. The vessel has room for a crew of 31 as well. The beach deck lounge aboard the boat alone looks like a luxury hotel space.

The Aqua features a bow observation room which is surrounded by windows to give a panoramic view of the ocean which has been described as the “ultimate superyacht owners lounge.” In addition, there’s a movie theater on the upper deck. It also includes a wellness center with a hydro massage room. You can also do some yoga in a workout space. There’s a fully equipped gym, a beauty salon, and even a hairdresser.

Up on the main deck there’s a luxury swimming pool that even includes a waterfall. One of the yacht’s defining features is the spiral staircase that covers all five decks and is covered by a skylight. On the way up it also offers a view of the interior of the hydrogen fuel tanks so you can see just what 56 tons of ultra cold liquid hydrogen looks like as you move between decks. 

The tender garage has an array of toys such as jet skis while the main deck features a beach club with a dining area designed for all 14 guests and a lounge that converts into the cinema space.

What Yacht Has Bill Gates Actually Been On?

Bill Gates does seem to like yachts, just not enough to spend his money owning one, and that’s fair. Yachts cost millions to maintain every year. No one got rich spending millions to maintain a boat.

That said, Bill Gates has not only vacationed on yachts – he spent his 66th birthday on one – he also got married on a yacht.

In 2021, Gates made the news when he celebrated his 66th on board a luxury yacht called the Lana alongside Jeff Bezos. He spent $2 million to charter the yacht for a week and flew 50 guests out to celebrate with him. 

The Lana is a 351 foot yacht with room for 12 guests and a cruising speed of 12 knots with a max speed of 18 knots. The master suite is 1,184 square feet. The room features his and hers walk-in dressing rooms and a private terrace.

Elsewhere on board you’ll find a piano in the lounge area as well as a full gym for working out. There’s both a sauna and a well-appointed spa as well. On deck you can head to the beach club or take a dip in the pool. 

There are three tenders in the garage alongside a bunch of toys including various jetskis, a seabob, wakeboards, WindSurfers, fishing equipment, scuba diving equipment and more. 

Back in 2014, Gates rented an even more expensive yacht, the $5 million per week Serene, to go on a vacation with his family. The Serene, once owned by  Russian vodka magnate Yuri Shelfer before being purchased by the crown prince of Saudi Arabia, clocked in at a massive 450 feet making it one of the world’s biggest and even had its own on board submarine

The Serene features 7 decks, a saltwater pool, a climbing wall, a surprisingly large library, health spa, outdoor cinema and a nightclub. This is all spread across 48,000 square feet.

It’s also been confirmed that Gates met his wife Melinda on a yacht owned by Paul Allen, the co-founder of Microsoft, all the way back in 1994. 

Why Do People Think Bill Gates Owns the Aqua?

It’s easy to see why people may have thought Gates owned the Aqua when you consider a handful of factors. First, as mentioned, we have lots of evidence that Bill Gates really does enjoy luxury yachts. The extremely high price tag was something that only a few people in the world are going to be able to afford and Gates, who doesn’t own a yacht, seems like a likely candidate for those reasons. 

In addition, Gates has spent several years now as a climate activist and has supported a number of green technologies. A yacht that runs on hydrogen seems like something he would support as well. So, with no real evidence, the circumstantial evidence was enough to easily convince people. Once it’s presented as fact on the internet, and it was in many articles and videos, few people had reason to question it. 

The Bottom Line

The mega yacht known as the Aqua has a price tag of $645 million and it runs on clan burning hydrogen fuel. The only byproduct of its operation is water, making it a very environmentally friendly yacht. It made waves, so to speak, when it debuted at the Monaco Yacht Show in 2019. Rumors soon began to spread that billionaire and known climate activist Bill Gates had ordered one for $600 million. However, despite many videos and articles that refer to him as the owner, the truth is no one bought the Aqua at the yacht show and, as of 2023, Bill Gates does not own a yacht at all. He is know to charter extremely luxurious yachts for vacations and parties, such as the Lana and the Serene, but he does not own any just now.

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R & R is a 34.14 m Motor Yacht, built in Italy by Sanlorenzo and delivered in 2017. She is one of 19 SD112 models.

Her top speed is 15.0 kn and she boasts a maximum range of 2750.0 nm when navigating at cruising speed, with power coming from two MTU diesel engines. She can accommodate up to 10 guests in 5 staterooms, with 5 crew members waiting on their every need. She has a gross tonnage of 266.0 GT and a 7.66 m beam.

She was designed by Francesco Paszkowski Design , who also designed the interior. Francesco Paszkowski Design has designed 273 yachts and designed the interior of 248 yachts for yachts above 24 metres.

The naval architecture was developed by Sanlorenzo , who has architected 570 other superyachts in the BOAT Pro database - she is built with a Teak deck, a GRP hull, and GRP superstructure.

R & R is in the top 30% by LOA in the world. She is one of 2070 motor yachts in the 30-35m size range, and, compared to similarly sized motor yachts, her volume is 79.94 GT above the average.

R & R is currently sailing under the Marshall Islands flag, the 5th most popular flag state for superyachts with a total of 421 yachts registered. She has recently entered the superyacht marina Bahia Mar Resort and Yachting Center, in United States of America. For more information regarding R & R's movements, find out more about BOAT Pro AIS .

Specifications

• Name: R & R
• Previous Names: M
• Yacht Type: Motor Yacht
• Yacht Subtype: Semi-displacement
• Model: SD112
• Builder: Sanlorenzo
• Naval Architect: Sanlorenzo
• Exterior Designer: Francesco Paszkowski Design
• Interior Designer: Francesco Paszkowski Design

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• Open Space, Eco-Friendly Tech: What a Rising Class of Millennial Superyacht Owners Is Looking For

Surveys predict that, 10 years from now, the average age of a superyacht buyer will be 35 to 40.

Kevin koenig, kevin koenig's most recent stories, ‘people don’t want to be inside’: how the outdoors became yachtmakers’ most coveted design element, azimut’s new 72-foot yacht has one of the largest flybridges in its class. we hopped onboard..

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Ten years from now, Millennials will have taken over the superyacht world. At least that’s the forecast by several experts who are seeing ages of yacht buyers trending younger.

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That trend is expected to continue, according to research from Italian yacht builder Rossinavi and the University of Monaco, with the average age of superyacht buyers decreasing 10 to 15 years over the next decade. That could make Millennials the primary buyers of superyachts.

The topic of younger buyers is a constant discussion in shipyard boardrooms and among designers looking to modify their designs to this changing market. It was also one of the topics at the recent Yachtmaster event in Key West, hosted by Benetti Yachts . Benetti sponsors Yachtmaster events twice a year (the European edition was in Budapest last month) to brief captains and other professionals on new trends in the superyacht industry.

“We have been doing this event for 24 years now,” Benetti Americas manager Nick Bischoff told Robb Report . “The intent is to continue to build relationships with influencers of our current and prospective owners. In the beginning that meant mostly captains, but it’s expanded to include surveyors and owners’ reps, too.” The ultimate goal, says Bischoff, is for participants not only to network, but “put their heads together to create an ever-improving onboard experience both for owners and crew.”

Many seminars focused on the concept of onboard lifestyle, which most brokers and shipyards see as a primary driver for purchasing a yacht. Benetti’s head of product, Sebastiano Vida, also spoke about how lifestyle influences new designs in the yachts.

But Jason Dunbar, a broker and appraisal surveyor with Vessel Value Survey, recommended tough love to the brokers. His discussion about managing expectations for newbie owners included advice about being “realistic” with owners who are flush with cash, but might be new to the superyacht world. If an owner wants a brand-new 120-footer with a crew of six, but has a budget of $8 million, the broker is the one who needs to break the bad news. “A good broker has to tell people ‘Listen, that’s just not going to happen,’” says Dunbar. “That will save a lot of headaches down the road and will hopefully keep a client in boating for the long term.”

A new buyer is often coming off a one-week charter that was magical: perfect weather, a well-oiled boat, and a crew looking forward to a little R&R after hustling all week for the charter guests. “It’s relatively easy to make things work like that one week at a time,” says Dunbar. “But a new owner who wants to use their boat for 10, 15, or 30 weeks, that’s a totally different thing. You may have to tell them they need to hire two crews and rotate them—which will be news to them.” He said that overworking the crew will “burn through humans.” The crew will be miserable, he says, which will make the boat not live up to the owners’ expectations. “The next thing you know these new owners will be long gone from yachting.”

Fraser Yachts CEO Anders Kurtén sees the new buyers as a boon for design creativity in an old-school industry. “It starts with a piece of paper,” he says. “We sit down and start designing these boats for younger clients and we see similar trends. Basically they all want to live their shore-based lives on a yacht.”

The segmented and often claustrophobic interiors of many current superyacht designs, says Dirand, just doesn’t float with the new generation. “Young owners’ preferences are honed by hospitality and a knowledge of architectural trends,” he says.

Because of that, wellness centers have become focal points of design. As moguls like Jeff Bezos and Mark Zuckerberg have made clear as of late, having six-pack abs in middle age is the new Lamborghini. These new owners expect their boats to be designed with beach clubs with gyms, saunas, massage areas that allow owners and guests to work out or relax, amidst warm sun rays and luscious sea breezes.

Kurtén also pointed to green tech as key for the new generation of clients. “We’ve hit a point where a 150-foot sailboat can go across the Atlantic without burning a drop of fuel. And motoryachts can function on battery-only mode, at least when they are close to port,” he says. “That’s important to these new clients—they want to be green. A few years ago that was something you said at a cocktail party, but today it’s a reality for a lot of buyers.”

Peter Selivanoff, senior yacht service manager for Fraser, also spoke about how owners are seeking highly specialized crews who can perform multiple functions across the yacht.

Navigating these new realities is an important part for the industry to future-proof itself in the competitive realm of ultra-luxury products. This is a place where youth may not spring eternal but, at least for now, it reigns supreme.

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75m motor yacht R & R concept by Nick Mezas Yacht Design

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Written by Zuzana Bednarova

Dutch Nick Mezas Yacht Design presents its new motor yacht R & R design concept. The 75 m R& R superyacht was designed with an energetic and sporty client in mind, who is seeking a suitable yacht for his young family.

75m motor yacht R & R by Nick Mezas Yacht Design

75m R & R superyacht by Nick Mezas Yacht Design

Nick Mezas Yacht Design wanted to design a modern, innovative motoryacht with interior and exterior deck spaces that would provide both a visual and a physical connection with the yacht’s natural surroundings with ‘Rest and Recreation’ in mind. Hence the design‘s name R & R yacht.

The yacht has been designed to accommodate the owner’s family (husband, wife and two or three children) in three cabins situated on the owners deck and up to six further guests in three double cabins on the maindeck. The layout is designed to be practical, functional and spacious for both the guests and the crew while at the same time making sure that undue passage through guest areas by the crew was minimized.

Nick Mezas 75m motor yacht R & R

A crew of 19 is responsible for the safe navigation of the yacht and will also provide for a high level of service to the owner and his guests. Crew cabins are well-sized, as are the mess rooms and other facilities.

Nick Mezas 75m motor yacht R & R running

Interior guest areas

The luxury yacht R & R’s maindeck offers a dining room, bar, library with a quiet reading corner and cinema for the owner and his guests.

VIP cabin on R & R superyacht

R & R superyacht´s VIP cabin

The loungedeck features a sunbathing area, living room, bar and a ‘solar roof terrace’ which is an outside terrace with a solar panel roof. This area provides an unmatched view and experience for guests whether cruising or in port. There is also a fitness room, which is located on the lowerdeck.

R & R superyacht´s lounge

R & R superyacht´s luxury interior

Special features on the ownersdeck are sliding walls which, when opened, connect the children’s rooms and create a large and safe playing area. Furthermore, the owner and family enjoy a private and intimate living room.

Bar on board of the 75m motor yacht R & R

The Nick Mezas 75m R & R yacht’s layout allows the crew to go about their duties without undue passage through guest areas. The design also provides generous stowage areas for items such as: guest luggage, linen, bedding, cushions, tableware, loose exterior furniture cushions etc.

Lounge and bar on the luxury yacht R & R

The yacht tender garage is situated forward on the maindeck and houses two 21 foot long tenders, 4 Sea-doo’s, diving compressor and -gear, water-sport toys and a three person submarine.

Nick Mezas luxury yacht R & R - a dining room

Exterior guest areas

One of the most noticeable features of the super yacht R & R is her beach area which expands when the side hatches at the yacht’s stern are opened. The beach area showcases a large pool with a sunbathing area, space for multiple sunbeds and a lowered, shaded seating area. The yacht’s further outside living areas on the lounge- and bridgedeck provide the owner and guests with unprecedented views. Furthermore, the owner has a vast private balcony for him and his family.

75m luxury yacht R & R

Technical Specifications of the Nick Mezas 75m Super Yacht R & R

LOA : 75,25 m LWL : 75,16 m Max Beam : 14,06 m Max Draught : 4,00 m Displacement : 1913 t Power : ABB Diesel Electric 2 x 2000 kW Propulsion : ABB Marine Compact Azipod Propulsion Estimated Max speed : 19 knots Estimated Cruising speed : 16 knots Approximate Range : 6.000 nm at 16 knots Fuel capacity : approx. 120.000 L Water capacity : approx. 30.000 L Guests : 11 Crew : 19

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "75m motor yacht R & R concept by Nick Mezas Yacht Design".

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Owner Rob Rogers has worked on over two thousand boats and counting. He loves what he does, and it shows!

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Floating Palace ‘R&R’ Yacht Concept by Nick Mezas

By Adrian Prisca

Updated on August 31, 2017

Trying to look into the future of luxury sailing, we discover more and more proofs that the yachting world is going towards a “floating palace” direction, in terms of great looks, efficiency, luxury and performance. Nick Mezas, world renowned yacht designer, has projected the “ R&R ”, a stunningly beautiful floating treasure. Actually, the name simply says it all about it – “Rest & Relaxation”.

With a sublime look that reflects the future, the designer beautifully used different combinations of tones – white, black and brown from the rear end to the open deck and the large solar panel, and pure white on the ship hall. In the back of the yacht one can find a coquette lounge and sitting spot plus a private swimming pool.

The inside of the vessel comprises a covered lounge area with flat screen TV, cinema, bar, dining room and a library and owner’s suite on the upper deck. The design of the interior furniture and decoration is plain simple, minimalistic, with hand-chipped veneered wood on the furniture and also mounted on the walls.

The overall contrast tone for the inside of the yacht is brown-white, first one coming from the wooden-made items and white from the upholstery, pillows and linings on the chairs and sofas. The bar and dining tables have an elliptical shape, with straight edges.

On the upper deck lays the most appealing part of the ship – the owner’s suit; with manually-crafted wood is of a specific essence, single grain textured, contrasting with the huge black-and-white bed, and also with the totally-black easy chair. All of these beautifully assort with the columns and ceilings. Outside the owner’s cabin one can notice a sitting area with a table and sofa.

The yacht will be able to accommodate a total of 11 guests and 19 crew members. It’s quite a long vessel, at 75 meters, and the displacement suits its size – 1913 tons. With an average recommended cruise speed of 16 knots, the 2 Diesel – electric APP Marine compact engines that let out 2,700 HP each can propel the ship at a maximum speed of 19 knots.

Until the price is revealed, we can only sit and wait to be told. Anyways, it’s definitely not going to be a low amount.

[YachtForums]

About Adrian Prisca

Founder of Luxatic and countless other projects, Adrian has shaped this website into a go-to source for discerning readers looking for the latest in luxury products and experiences. He has over 15 years of experience in creating, managing and publishing lifestyle content across numerous platforms and he’s considered a leading voice in the luxury industry. Learn more about Luxatic's Editorial Process .

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Who is Ajay Thakore? San Diego Lamborghini Yacht owner threatens dock worker in viral video

A n Indian-origin California business owner Ajay Thakore recently made headlines when he reportedly threatened a dockyard worker at San Diego's Marriott Marina after the latter refused to let the former park his $4.5 million Lamborghini Yacht, as per Times Now News.

The video of the incident has now gone viral online. While the face of the man threatening the dock employee saying "I will kill you!" multiple times remains unclear in the footage, many media outlets, including the New York Post confirmed it was Ajay Thakore, who has previously been part of similar confrontations.

Apart from threatening to kill the dock worker, the man in the video also flashed at the latter, as the yacht moved away from the marina. In the wake of this incident, here's looking at who Ajay Thakore is.

Ajay Thakore also goes by the name Ace Rogers

According to Daily Mail, Ajay Thakore also goes by the name Ace Rogers and he is a wealthy businessman and philanthropist based in San Diego, California. He is the CEO of Doctor Multimedia, a local medical marketing agency, and Gopher Media LLC.

He has previously faced similar controversy in 2021 when he was accused of harassing the employees of a La Jolla pizza joint called American Pizza Manufacturing. Its founder Andrew Melone alleged back then that it all started with Thakore defaming the take-and-bake pizza establishment on social media.

However, things escalated when the Indian-origin business owner reportedly parked two of his cars directly in front of the eatery, blocking its entrance, with texts, "Take N Bake Pizza Sucks" glaring on top of it.

Melone also claimed that an airplane flew over the locality with the banner reading, "Just Say No to Take N Bake Pizza." Not only that but Ajay Thakore reportedly involved another pizzeria in the area Carino's, with planes displaying messages like "Carino's Pizza is Better than Take N Bake."

Additionally, Thakore and his companies filed a $10 million lawsuit against Andrew Melone and his public accusations, claiming that they were "exercising their First Amendment Rights" and protesting against discrimination. The owner of the pizzeria countersued, alleging Thakore had persistently harassed him and his company. The two civil lawsuits are still underway.

Exploring the recent controversy surrounding Ajay Thakore

On the afternoon of March 10, 2024, Ajay Thakore's multimillion-dollar Tecnomar for Lamborghini 63 yacht was not allowed to park in the Seaforth Boat Rental lot in San Diego's Marriott Marina. He was reportedly there to pick up an employee. The video of the incident has now gone viral.

It shows a man standing on the edge of the yacht threatening to "kill" the worker identified as Joseph Holt, as per CBS 8. Later, as the boat moved away from the dock, the former dropped his pants and made inappropriate gestures toward the 21-year-old employee. The harasser even threw $100 bills at the guy which fell into the water.

Holt told reporters that he "respectfully" told the driver not to park in the private space and was hoping to have a "conversation" with him about his "cool boat," when "it completely went the other way."

"I really didn't know how to process it. I really was trying to restrain myself from getting fired from my job or stepping out of line. The only thing I did was give him the bird," Holt stated.

The employee also mentioned how Thakore berated him for his minimum wage labor and called him a nobody who did nothing on a "silly job." The expensive boat owner allegedly threatened to have him fired using his "connections" and ruin his life.

The dock worker further continued,

"He had dropped his pants and started to make gestures to everybody watching and me. You can't act that way in public. It's just not okay. Especially threatening my life, at the very least. There were women and children there. That's the most important part."

In contrast, Ajay Thakore's public relations team told CBS 8 that the "interaction" was "regrettable."

"What started as a minor misunderstanding escalated into an argument, and I apologize for my actions and to those who witnessed the unfortunate exchange," the statement added.

Later, Ajay Thakore's employee Jason, whom the former was supposed to pick up during the fiasco, also issued a clarification via his boss' Instagram (@acerogersceo). He said that he was not allowed to get aboard, and was asked to "stand back" and even "forearmed" which is when Thakore allegedly "flipped" as he was protective of him, his fiancé, and his other employees, tagging it as a long-drawn misunderstanding.

In the caption of the post, it was Ajay Thakore who seemed to issue a statement:

"As a leader, I defend my own fiercely with everything I have, and I will never apologize for that. You can choose to believe that I just pulled up to the dock and started yelling, or you can realize that a lot happened before the cameras were rolling and that it takes two sides to escalate a situation."

Notably, in the aftermath of the incident, Port of San Diego Harbor Police were called in, who arrived 10 minutes after Ajay Thakore's boat left the marina. Joseph Holt told the news outlet that the officers didn't take his complaints seriously and were even laughing at him.

The department responded by telling CBS 8 that they were called in to deal with a "possible intoxicated vessel operator" who had departed the area before they got there and that they were unable to do anything with. The statement went on to say that a report had been made and that the police had spoken with the complainant and witnesses.

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The owner of a $3.4 million Lamborghini yacht screamed 'I will kill you' and threw $100 bills into the water when told he couldn't use a private dock

The owner of a Lamborghini yacht threatened a private dock employee, per CBS8.

The employee said Ajay Thakore mooned and threw cash at him after being told he couldn't use the dock.

Thakore, the CEO of Doctor Multimedia, issued an apology through his public relations team.

The owner of a $3.4 million Lamborghini yacht threatened a private dock employee after being told he couldn't be there, the San Diego-based broadcaster CBS8 reported on March 11.

Joseph Holt, a 21-year-old employee at Marriot Marina in San Diego, told CBS8 that he spotted the yacht sailing into the private dock. The owner, whom CBS8 identified as Ajay Thakore, tried to pick another person up at the dock, Holt said.

"I told him respectfully that he couldn't be there, and I honestly was hoping to have a conversation with him about his cool boat," Holt told CBS8.

In a YouTube video posted by @SM-wc9eq on March 10, a dark blue Tecnomar for Lamborghini 63 is seen sailing out of a dock. A man in a gray T-shirt, a pair of jeans, and a cap was shown standing on the yacht. The man appeared to be Thakore, per CBS8.

Thakore was shown shouting at Holt. "I will kill you, you know I will kill you!" he can be heard saying multiple times in the video

Thakore was later shown pounding his fist on his palm and pointing his thumb down before telling Holt: "To your face!" Holt was shown responding by pointing his middle finger at Thakore.

"I really was trying to restrain myself from getting fired from my job or stepping out of line. The only thing I did was give him the bird," Holt told CBS8.

Holt said Thakore then took $100 bills from his wallet and threw them at him. He added that Thakore mooned him. This exchange was not shown in the video.

"He was saying I'm nobody, I'm nothing, I work a silly job. He said that he knows people, he has connections, he can change my life and ruin it," Holt said. Holt did not immediately respond to Business Insider's request for comment.

The San Diego Harbor Police arrived at the marina 10 minutes after Thakore's yacht exited the dock, per CBS8. The Harbor Police did not immediately respond to a request for comment from BI.

According to Thakore's LinkedIn page , he's the CEO of Doctor Multimedia. The company's website shows that it's a healthcare marketing firm based in San Diego. Thakore appears to go by the name Ace Rogers on Instagram and TikTok, where he's noted as being a professional gambler.

Thakore, through his public relations team, told CBS8 in a statement that his altercation with Holt was "regrettable."

"What started as a minor misunderstanding escalated into an argument, and I apologize for my actions and to those who witnessed the unfortunate exchange," the statement said. Thakore did not immediately respond to a request for comment from BI.

Thakore isn't the only CEO who's been called out for threatening another person. In November 2021, an Activision spokesperson told BI that its ex-CEO Bobby Kotick had previously apologized for telling his assistant he would have her killed. The spokesperson added that Kotick's threat was "obviously hyperbolic and inappropriate" and that "he deeply regrets the exaggeration and tone."

In June 2020, Lisa Alexander, the CEO of LaFace Skincare, a cosmetics company, apologized in a statement to the media after she had threatened to call the police on her neighbor for writing "Black Lives Matter" on his property. Alexander said in the apology that she was "disrespectful" and "should have minded my own business."

Read the original article on Business Insider

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U.S. Eyes $156 Million Yacht in Dubai Linked to a Russian Oligarch

The U.S. Justice Department is taking steps to seize the Madame Gu, a 324-foot luxury yacht, but it will be diplomatically thorny.

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By Kate Kelly ,  Michael Forsythe and Julian E. Barnes

DUBAI, United Arab Emirates — On a clear morning in late October, the jewel-blue hull of the Madame Gu, one of the world’s most luxurious superyachts, gleamed, its aluminum rails shimmering in the sun. Workers on the pier said they had recently seen people painting, cleaning and generally keeping the ship with its helipad and six guest staterooms in pristine condition.

In past years, such a scene would not have been noteworthy. Many superyachts come and go from Dubai’s Mina Rashid Marina, best known as the home of the Queen Elizabeth 2, the trans-Atlantic ocean liner-turned-hotel that dominates the waterfront here.

But Russia’s war in Ukraine has turned an otherwise routine tableau into a diplomatic battleground between the United States and the United Arab Emirates, an important American ally that has established itself as a safe haven for Russian money and assets out of the reach of U.S. sanctions.

The $156 million Madame Gu epitomizes the problem. In June, the United States designated the vessel, which is linked to Andrei Skoch, a Russian steel magnate and lawmaker under sanctions, as blocked property. That means the yacht cannot use American companies for its upkeep, employ U.S. citizens or even use the dollar. The Justice Department is now taking steps to seize the Madame Gu, according to people with knowledge of the plan.

But the United States can’t seize property in a sovereign nation without permission from its government. The Emirates, which has taken a friendlier position toward Moscow, is balking at cooperating with the United States to pursue oligarchs, American officials said. The Kremlin is also using oligarch-controlled companies in the Emirates to acquire war supplies that the West is trying to keep out of Russia’s reach, according to a Western official involved in the sanctions effort against Russia.

Emirati officials did not comment specifically on the Madame Gu but said in a statement that they took their role “protecting the integrity of the global financial system extremely seriously.”

A closer examination of Russian assets in the Emirates shows that even before the war in Ukraine, Dubai had become a playground for Russians with links to President Vladimir V. Putin. At least 38 businessmen or officials with ties to the Russian president own homes in Dubai that are collectively valued at more than $314 million, according to the Center for Advanced Defense Studies. Five of those owners are under U.S. sanctions.

Since the Russian invasion, Dubai has established itself as a safe haven for Russian yachts and aircraft unable to sail or fly elsewhere. After Russian jets were barred from the European Union in late February, the Emirates became the destination for 14 percent of all private flights leaving Russia, up from 3 percent before the invasion.

“It’s frustrating when you see huge assets that are sitting out there and it appears that the country is not cooperating,” said Senator Sheldon Whitehouse, Democrat of Rhode Island, referring to the Emirates. “It would be nice if there were more common cause against Putin while he’s busy shelling hospitals and schools.”

Mr. Whitehouse is sponsoring legislation that would use proceeds of the sales of seized Russian assets to help rebuild Ukraine. Senior officials at the Treasury and State Departments have also complained publicly about the situation.

U.S. officials view the presence of superyachts in places like Dubai and Bodrum, Turkey , as a symptom of wider Russian circumvention of sanctions and continued access to financial markets. Yachts have also come to symbolize the decadence of Russia’s oligarchs, especially at a time when Russian soldiers are scrounging for body armor and sleeping bags on the front lines.

Pursuing the Madame Gu

Built by the Dutch firm Feadship and put into service in 2013, the Madame Gu has a large helicopter pad on its forecastle with a hangar underneath that can double as a squash court when the chopper isn’t on board. The vessel has berthing for 36 crew members, according to one trade magazine.

Mr. Skoch, a member of Russia’s Parliament who is linked to assets worth billions of dollars, according to U.S. court filings, has had sanctions imposed on him twice by the United States, first in 2018 and then after Russia’s invasion this year. The Treasury Department has cited his “longstanding ties to Russian organized criminal groups.”

Mr. Skoch could not be reached and did not respond to messages left at his office at Parliament.

In an interview in October about the government’s broader efforts to go after the assets of oligarchs, Andrew Adams, a federal prosecutor leading the Department of Justice’s KleptoCapture task force, declined to discuss the Madame Gu. But the United States, he said, is warning companies they must not do business with individuals and assets under sanctions. The government, he said, will pursue oligarch-owned assets whose sale could be used to aid Ukraine.

“Where we know there is an asset that can potentially provide significant remuneration for Ukraine, that obviously is an attractive case to pursue,” he said.

U.S. officials are likely to use the case they made for impounding a $90 million Airbus business jet linked to Mr. Skoch in August as a blueprint for seizing the Madame Gu, said people familiar with the plan.

That means investigators will aim to show that the owner of the vessel, or the companies that have been providing services to it, have intersected with the U.S. financial system.

“If there are U.S. dollars or a U.S. nexus associated with supporting this vessel, massive enforcement actions could take place,” said Adam M. Smith, a former official overseeing sanctions at the Treasury Department. Companies that provide support to entities under sanctions could potentially face their own sanctions, said Mr. Smith, who is now a lawyer at Gibson Dunn in Washington.

This year the United States has carried out two high-profile seizures of yachts tied to Russians under sanctions, working with cooperative governments. The $300 million Amadea was taken in Fiji in May and sailed to San Diego under an American flag. In April, the United States worked with Spanish police to seize the $90 million Tango.

A Problematic Partner

Diplomatically, the Emirates has been reluctant to take a clear anti-Russian position when it comes to the war in Ukraine. Sheikh Mohammed bin Zayed Al Nahyan, president of the United Arab Emirates, recently met with Mr. Putin in St. Petersburg, and the Emirati foreign minister recently hosted his Russian counterpart. Yet Sheikh Mohammed has also talked with Volodymyr Zelensky, the president of Ukraine, more than once and recently gave the country $100 million in humanitarian aid.

The United States has publicly expressed dismay over the mixed messages.

During a visit to Dubai in June, Wally Adeyemo, the U.S. deputy treasury secretary, warned of the need for vigilance and proactive steps in combating Russian evasion. That same month Barbara Leaf, the State Department’s under secretary for Near East Affairs, said at a congressional hearing that regarding the Emirates, she was “not happy at all with the record at this point” on sanctions enforcement. Mr. Adeyemo reiterated his concerns in a meeting with Emirati officials in October in Washington.

A senior State Department official said in a statement to The New York Times that the agency continues “to reinforce the importance of conducting enhanced due diligence to prevent sanctions evasion and investigating allegations of such activity” to the Emirates.

The Treasury Department declined to comment on the Madame Gu or the relationship with the Emirates.

Last month, the Treasury Department announced it had placed sanctions on an Emirates-based company, Constellation Advisors Ltd., that the American government said was operating on behalf of a nephew of another Russian oligarch, Suleiman Kerimov. Mr. Kerimov, according to American court documents, was the owner of the Amadea superyacht .

American officials are also worried the Russian government is using the Emirates to acquire military supplies for its war in Ukraine. On Nov. 15, the Treasury Department imposed sanctions on two Emirates-based transportation firms that had worked with another Iranian firm under sanctions, which in turn had helped transport drones and personnel from Iran to Russia.

Moored in Dubai

Based on a recent visit to Dubai’s Mina Rashid Marina , where the Madame Gu is moored, it is clear that international companies are playing a critical role in its care.

The Emirates-based company DP World, through its subsidiary P&O Marinas , oversees the pier where the Madame Gu is moored. Employees from another DP World subsidiary , World Security, staff the small guard box at the entrance. That makes DP World, which is owned by Dubai’s royal family, potentially vulnerable to American sanctions.

DP World “fully complies with all applicable local and national laws and intends to continue doing the same regarding the Madame Gu and other vessels utilizing our services,” said Adal Mirza, a spokesman for the company. He added that DP World had not yet heard from the United States or other countries that had placed Mr. Skoch under sanctions, including Britain and the European Union.

A generator set that dock workers said in late October was powering the Madame Gu — two container-like structures near its stern — bore the distinctive orange logo of Aggreko , a British company. The generator set was connected to the superyacht by thick cords; one of the containers was emitting grayish exhaust.

At the Mina Rashid Marina, soon after Aggreko was contacted by The Times, workers removed the generator. “Having identified that the generator was being used to power a vessel that is allegedly connected to a sanctioned person, we immediately terminated this rental and have since recovered the generator,” the company said in a statement.

Mr. Mirza, the DP World spokesman, said the Aggreko generator had been replaced with one from a local supplier.

P&O Marinas arranged for the diesel generator to provide power for the Madame Gu because that part of the pier, a holding area, has no shore-supplied electric power, said a port official in Dubai, who spoke on the condition of anonymity because he is not authorized to talk to the press.

“At the end of the day, if the U.A.E. hasn’t imposed sanctions, it’s not really their job to enforce other countries’ laws within their borders,” said Nabeel Yousef, a Washington-based partner at the law firm Freshfields, where he runs the sanctions practice. Nevertheless, “companies should not take comfort in the fact that their country has not imposed sanctions,” he added, “because even the smallest connection to the U.S. can lead to U.S. penalties.”

There has also been a notable absence onboard the Madame Gu in recent weeks: a flag. Unlike other ships moored nearby, including the Quantum Blue, a superyacht linked to the billionaire Sergei Galitsky, the Madame Gu appears to be stateless, apparently having been deflagged by the Cayman Islands.

Cayman Islands officials didn’t respond to an emailed inquiry about the ship’s status.

If DP World were to face fallout from U.S. sanctions enforcers, it wouldn’t be the first time the company has been the focus of attention in Washington. In 2006, DP World was seeking to manage some terminal operations at six American ports but dropped out of the deal after a bipartisan uproar in Congress.

Anton Troianovski contributed reporting from Turin, Italy, and Oleg Matsnev from Berlin.

Kate Kelly covers money, influence, and policy as a correspondent in the Washington bureau of the Times. Before that, she spent twenty years covering Wall Street deals, key players and their intersection with politics. She is the author of three books, including "The Education of Brett Kavanaugh." More about Kate Kelly

Michael Forsythe is a reporter on the investigations team. He was previously a correspondent in Hong Kong, covering the intersection of money and politics in China. He has also worked at Bloomberg News and is a United States Navy veteran. More about Michael Forsythe

Julian E. Barnes is a national security reporter based in Washington, covering the intelligence agencies. Before joining The Times in 2018, he wrote about security matters for The Wall Street Journal. More about Julian E. Barnes

Our Coverage of the War in Ukraine

News and Analysis

A day after securing a new term in a rubber-stamp presidential election, President Vladimir Putin of Russia said he would not back down in Russia’s war against Ukraine .

With additional American aid still in doubt, Lloyd Austin, the U.S. defense secretary, called for “creative, adaptable and sustainable ways” to continue arming Ukraine  and praised European allies who were trying to bolster Kyiv’s military.

Ukraine fired a volley of exploding drones  at Moscow and other targets on the final day of Russia’s presidential vote, the local authorities said, continuing a flurry of attacks timed for the election .

Elaborate Tales: As the Ukraine war grinds on, the Kremlin has created increasingly complex fabrications online  to discredit Ukraine’s leader, Volodymyr Zelensky, and undermine the country’s support in the West.

Targeting Russia’s Oil Industry: With its army short of ammunition and troops to break the deadlock on the battlefield, Kyiv has increasingly taken the fight beyond the Ukrainian border, attacking oil infrastructure deep in Russian territory .

Electronic Warfare: Drones have become a critical weapon for both Russia and Ukraine. But Moscow’s capability to overpower Ukrainian signals  by broadcasting on the same frequencies at higher power is putting Kyiv at a disadvantage.

How We Verify Our Reporting

Our team of visual journalists analyzes satellite images, photographs , videos and radio transmissions  to independently confirm troop movements and other details.

We monitor and authenticate reports on social media, corroborating these with eyewitness accounts and interviews. Read more about our reporting efforts .

Home » Charter Fleet » Sailing Yachts » A Lil R&R

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A Lil’ R & R

42′ catalina.

This beloved Catalina offers comfort and good sailing capabilities in one great yacht. A new Webasto Diesel heater has been added, along with new canvas for the bimini, dodger and connector. The standing rigging is also replaced, as the owner is on a quest for a better quality experience for all his charters!

Bluetooth connectivity available. Great 6’4″ headroom in salon and in centerline queen master berth. Dual heads/dual showers, one with enclosed shower. Electric vacuum Tecma head system. 19″ flat screen at navigation table with DVD. Good complement of Raymarine electronics. Transom gate is a nice plus for easy access. Elegance and sailability in one beautiful yacht!

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• Catalina MKII with diesel heat added
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• Sleeps (recommended): 6
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• Engine: Yanmar 54hp Diesel
• Cruising speed: 7 knots

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California yacht owner threatens to kill dock worker in vicious showdown, cali yacht owner threatens to kill dock worker drops pants for rude salute, 95 3/13/2024 8:09 am pt.

A California yacht owner's vicious beef with a dock worker has reached death-threat levels -- and their exchange was caught on camera and included a nude, and very rude, gesture!

Check out the clip ... it all unfolds when San Diego entrepreneur Ajay Thakore swings by the swanky Marriott Marquis Marina in his rare $4.5M Tecnomar for Lamborghini 63 yacht to pick up one of his employees -- but things boil over when dock worker Joseph Holt tells him he can't be there.

Thakore, the CEO of medical advertising firm Doctor Multimedia, flips out on Holt big time ... and starts spewing threats like, "I will kill you, you know I will kill you, I will kill."

And it doesn't stop there -- as Thakore's pulling out of the harbor, he drops trou to make a full frontal salute in Holt's direction. Stay classy, San Diego!

Holt's only retaliation was flipping the bird, and he later told CBS8 that was all he could do to keep his cool and avoid escalating the situation.

Holt says parts of the altercation were not captured on camera, and he adds ... Thakore not only threatened to kill him, but also claimed to have connections who could totally mess up his life.

Holt also says Thakore pulled out $100 bills and tossed them at him, even chucking some in the water.

BTW, Thakore's done some backpedaling since the ugly exchange -- he now says, "The interaction that occurred yesterday was regrettable. What started as a minor misunderstanding escalated into an argument, and I apologize for my actions and to those who witnessed the unfortunate exchange."

Waiting for your permission to load the Instagram Media.

FWIW ... One of Thakore’s employees claims the whole thing began because other dock workers blocked him from boarding the yacht.

Oh, and if that fancy Lambo yacht looks familiar -- it's the same one Chuck Liddell recently tumbled off just last month. Now it's famous AND infamous!

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Private jet and yachts seized as three arrested in £76m luxury care homes raid

Three people have been arrested as part of a sting by the Serious Fraud Office into property developer the Carlauren Group.

Tuesday 12 March 2024 14:09, UK

A private jet and two yachts have been seized, as three people have been arrested, in a £76m raid on a group who ran luxury care homes.

Two sites were raided across St Leonard's, Dorset, and Aylesbury, Buckinghamshire, as part of the Serious Fraud Office (SFO) probe, supported by the National Crime Agency (NCA).

The investigation is looking into the UK registered property developer, the Carlauren Group, which collapsed into administration in November 2019.

When it folded, the SFO said that it led to some elderly residents being forced to move out, and left 600 investors out of pocket.

The Carlauren Group bought 23 properties across the UK, often former hotels including the historic Windlestone Hall in Durham, and allegedly claimed to offer annual 10 per cent returns to investors as it sought to turn the buildings into high-end care homes.

However, the SFO said only nine of these became operational and some continued as hotels instead of care homes.

Alongside that, the group allegedly purchased a number of supercars, including two Lamborghinis and a McLaren 570GT, a private jet and two yachts.

Nick Ephgrave QPM, director of the Serious Fraud Office, said: "This company's abrupt collapse has created turmoil and enormous anxiety for many, with elderly people forced to vacate their homes and investors left with nothing.

"Today's arrests are a major development in our investigation and a step towards getting the answers so many people need."

The group was said to have had 600 people and companies invest in the scheme through the purchase of rooms that were to be rented out to the elderly.

This was inside luxury facilities that boasted of swimming pools, room service and other amenities.

According to the SFO, the rooms were advertised and sold with a guaranteed annual payout and opportunity to sell the asset back for a profit after 10 years

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R&R Interior & Exterior Photos

23.8m  /  78'1 | huckins | 1980.

• Amenities & Toys

NOTE to U.S. Customs & Border Protection

SIMILAR LUXURY YACHTS FOR CHARTER

Here are a selection of superyachts which are similar to R&R yacht which are believed to be available for charter. To view all similar luxury charter yachts click on the button below.

25m | Palmer Johnson

from $29,500 p/week

24m | American Marine

from $17,000 p/week ♦︎

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