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An Inside Look at Jeff Bezos’ $500 Million Superyacht and What It Costs To Keep It Afloat
Cliché but true, the second-richest man on the planet, according to Forbes , owns the tallest sailing yacht in the world . In fact, the 417-foot Koru is so big, it has its own 250-foot support vessel .
Priced at $500 million, the Koru hit the sea for the first time in 2023 and has since ferried Jeff Bezos and company around the globe. Complete with three massive 229-foot masts, it can reach a top speed under sail of 20 knots, according to the New York Post — which is approximately 23 miles per hour.
Made for a group, up to 18 guests can set sail on the yacht, allowing Bezos to bring family and friends on vacation with him. Here’s a look at the Koru’s extravagant features and how much it costs to operate his floating mansion.
Also take a look at Bezos’ mansion collection.
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Key Features
As expected Bezos’ yacht is dripping with luxury. With a net worth of $203.8 billion — as of May 4, 2024, according to Forbes — he can afford to outfit the Koru with nothing but the best and he did just that.
The superyacht has three outdoor decks, with two containing swimming pools, according to the New York Post. It also features a cinema, several lounges and multiple business areas, according to Luxuo .
Highly personalized, the yacht is complete with a figurehead modeled after Bezos’ fiancée Lauren Sanchez. Even its masts are luxurious, as the Amazon founder chose in-boom furlers, which keep the canvases at the bottom of the mast above the deck, creating a pristine and spacious rope-free deck.
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Support Vessel
One of the most shocking features of the Koru is the fact that it requires its own support vessel. The $75 million Abeona features a helipad that Sanchez has been spotted using to park her personal helicopter, according to the New York Post.
Designed to carry extra gear, four jet skis, two fast launches and a dinghy were spotted on the Abeona during a 2023 trip to Mallorca, Spain, according to the New York Post. It’s also capable of lifting a small submarine, but Bezos isn’t believed to own one — at least not yet.
Additionally, the support ship has two extra staterooms, which can accommodate four guests. This could come in handy if Bezos wants to entertain a larger group than can fit on the Koru.
On-Board Crew
It probably isn’t a surprise that operating both the Koru and the Abeona is no small task. From staff to drive the boats and maintain them to caring for guests onboard, Bezos needs a small army at sea.
The Koru has a crew of up to 36 people, according to The New York Post. If you think that’s a lot, the Abeona requires up to 45 crew and support staff.
Annual Operating Costs
Purchasing the Koru and Abeona cost Bezos more than half a billion dollars, but his expenses didn’t end there. As you might imagine, the annual cost to maintain a superyacht and its own enormous supporting yacht is more than most people earn in a lifetime.
The Koru costs approximately $25 million in operating expenses per year, according to the Daily Mail . Much less, but still sky-high, Bezos spends around $5 to $10 million on annual maintenance costs for the Abeona, according to Super Yacht Fan ).
When their owners are on dry land, yachts have to find a parking space. However, even this doesn’t always come cheap for Bezos and the Koru.
In November 2023, the billionaire’s yacht arrived in Fort Lauderdale, Florida, but was too big to fit in the port with all the outer superyachts, according to the Daily Mail. Therefore, it had to be docked with cruise ships at Port Everglades, at a rate of $16,500 per week.
While one week of storage might be more than the average person can afford, picking up the tab for any number of weeks would clearly be no issue for Bezos. While his superyacht and the many expenses surrounding it are clearly astronomical, he’s still living well within his budget.
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This article originally appeared on GOBankingRates.com : An Inside Look at Jeff Bezos’ $500 Million Superyacht and What It Costs To Keep It Afloat
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Inside Jeff Bezos’s Spectacular 127-Metre Oceanco Sailing Superyacht ‘Koru’
- Howard Walker
- September 16, 2024
From its 76-metre support tender to its voluptuous wooden figurehead, the Amazon founder’s €450 million+ superyacht is full of surprises.
According to the latest Forbes ‘s Real-Time Billionaires List, Amazon founder Jeff Bezos is currently worth around $204 billion (€185 billion), making him the second-wealthiest person on the planet, just behind Tesla CEO Elon Musk.
So handing over an estimated €454 million for his 127-metre Koru , the world’s largest sailing yacht, another €68 million for Abeona , its 76-metre support vessel, and then paying the €27 million or so a year to cover running costs for both, should be well within his budget.
Bezos surprised the boating world when he opted for a classically styled, three-masted sailing yacht instead of some flashy mega motoryacht. What’s more, it has a buxom wooden sculpture on the forepeak, typical of 19th-century sailing vessels. And since taking delivery last year, he and his fiancé, Lauren Sánchez, have been using the yacht to cruise the world in style.
While secrecy still shrouds Koru , especially its interior and many of its technical features, we take a closer look at eight things that make it, arguably, the most interesting sailing superyacht in years.
Designed as a Modern Classic
Koru would never be described as sleek, or elegant even. But she does have a classical style. Designed by the Dutch masters at Dykstra Naval Architecture, the boat is distinguished by its towering navy-blue steel hull, snowy-white, two-level aluminum superstructure, sweeping canoe stern, and a trio of soaring masts. Her design inspiration is said to be the triple-masted schooner Eos , built by Germany’s Lürssen Yachts in 2006 for American media mogul Barry Diller. And, ignoring the current trend of oversized windows, Koru ‘s hull sides are dotted with traditional portholes with smaller-than typical windows for the upper decks (no doubt helping to protect guests from paparazzi lenses).
Little is known about the yacht’s interior design, other than it’s the work of London-based Mlinaric, Henry and Zervudachi studio. Oceanco’s website describes the interior as a “timeless, contemporary style, with natural wood tones complemented by a palette of warm neutrals and beautifully patterned textiles.”
Claiming the Prize for Size
At 410 feet bow to stern and with a beam of 56 feet, Koru is the largest sailing yacht in the world. Some might argue the title should go to the 143-metre Sailing Yacht A . But that quirky, Philippe Stark–designed triple-master is considered a “sail-assisted motoryacht” rather than a true sailing yacht. Koru is also big inside, with a reported internal volume of 3,300 gross T=tons, that offers room for up to 18 guests in nine cabins and accommodations for a crew of 36.
A True Sailor
Full credit to Jeff Bezos for ignoring his fellow billionaires’ penchant for giant, diesel-guzzling superyachts. (Facebook founder Mark Zuckerberg recently took delivery of his 118-metre Launchpad , powered by quadruple MTU engines packing a combined 23,400 hp.) With its giant, more-than-20,000-square-foot sail plan (including three mainsails and three, cutter-style headsails), Koru has been regularly photographed cruising under sail. It’s also believed the yacht is making an effort to focus on sustainability, from reports of it testing out a prototype kinetic energy recovery system that converts wave-induced motion into electrical energy. The vessel is also believed to feature a hybrid power system with large battery banks that run its systems at night while at anchor.
Its 250-Foot, $75 Million “Tender”
The challenge with sailing yachts, even one that’s 125 metres long, is that it’s nearly impossible to land a helicopter on the deck. So Bezos commissioned a 76-metre support vessel, named Abeona after the Roman goddess of travelers. The largest shadow vessel ever built by Holland’s Damen Yachting, this explorer comes with a rear-deck helipad and hangar big enough to accommodate an Airbus ACH-135 helicopter. There’s also space aboard for a small armada of water toys and tenders, plus accommodations below decks for up to 45 crew and support staff.
Built Under Total Secrecy
Tasked with taking Koru from concept to reality was the superyacht builder Oceanco, based south of Rotterdam in Alblasserdam, Holland. The famed yard, owned by billionaire Mohammed Al Barwani, who also owns Turquoise Yachts in Turkey, recently completed Steven Spielberg’s new superyacht Seven Sea s, and the similar-sized Bravo Eugenia , launched in 2018 for Dallas Cowboys owner Jerry Jones. Koru was reportedly first commissioned in 2018 as Project Y721 and delivered to the Amazon founder in Gibraltar in April 2023.
What’s in a Name?
While a betting person might have predicted that Bezos would have given his sailing yacht a more Amazon-connected name, like Prime, Deliverance, or even Blue Origin after his space company, he picked Koru . The name is said to be Maori for “loop” or “coil” and resembles the spiral shape of an unfurling silver fern frond. It’s said to be an integral symbol of New Zealand Maori art that symbolizes new life and new beginnings. Look closely at the wooden figurehead on Koru ‘s bow and the necklace around the woman’s neck features a pendant shaped like the koru symbol.
A Bridge Too Far
As Koru was nearing completion in 2021, word got out that builder Oceanco had approached the city of Rotterdam in Holland, offering to pay for the partial disassembly of the historic 97-year-old Koningshaven lift-bridge, which was too low for the yacht with its triple 70-metre masts in place, to pass under on its way to the North Sea. The city reportedly consented, but the move resulted in a huge public outcry with threats to plaster Koru with eggs as it passed through the bridge. Oceanco withdrew its application and instead towed the yacht to Rotterdam’s Greenport shipyard west of the city, transported the masts by barge, and installed them there.
The Places You’ll Go
Hot on the heels of Koru ‘s handover in Gibraltar in April last year, the superyacht has seemingly been cruising non-stop. It was spotted exploring Spain’s Balearic Islands, anchored off Cannes during the film festival, and moored at celebrity hot spots like Saint-Tropez, Capri, Portofino, and Porto Cervo, Sardinia. Bezos reportedly proposed to Sánchez on the bow of Koru off Cannes in May last year, followed by an engagement party aboard in Positano, Italy with a guest list that included Bill Gates, Leonardo DiCaprio, Kris Jenner, Toby Maguire, and Queen Rania of Jordan. Then Koru cruised the 4,000-plus miles across the Atlantic to Fort Lauderdale for a re-fuel and re-supply before heading to the Caribbean for winter cruising. This summer it was back to the Mediterranean for more island-hopping.
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