What Do You Know About Jeff Bezos $500m New Superyacht ?

Ultra-billionaire news, Amazon founder Jeff Bezos is reportedly buying a boat, though that word feels inappropriately sensible for the monstrosity going to Captain Bezos: a 417-foot superyacht that’s so massive it has its own “support yacht” with a helipad, according to Bloomberg. The estimated cost, not including the boat’s support boat, is $500 million.

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

The luxury yacht’s Dutch manufacturer, Oceanco, hasn’t released many details about the vessel, called Project 721. The company didn’t immediately respond to requests for comment.

Half a billion bucks is an inconceivable amount of money for most people, but it’s a small fraction of the $75 billion that Bezos gained in 2020 alone. His total net worth stands just shy of $200 billion, according to Bloomberg.

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

Whereas Bezos ordered Y721 earlier than the pandemic began, he’s a type of who has profited most from folks all over the world turning to Amazon to buy through the pandemic.

Nonetheless, he might need to keep humble about his superb new buy, Bloomberg mentioned, noting how fellow billionaire David Geffen was ripped for flaunting his pandemic life on his personal superyacht, Rising Solar.

US boat sales hit a 13-year high last year, according to the National Marine Manufacturers Association — safe, socially distant fun for those who can afford it.

Those sales reflect more-familiar models of powerboats and other watercraft favored by mere mortals without 10-figure fortunes to their names, but the trend tracks among the yachting class as well. With no galas or lavish parties to attend, the rich are setting sail (or their crews are, anyway).

Recent quarters for superyachts have been record-breaking, one analyst told Bloomberg. Makers of extravagant yachts can barely keep up. “It’s impossible to get a slot in a new-build yard,” the analyst said. “They’re totally booked.”