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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.
My grandfather first took me fishing when I was too young to actually hold up a rod on my own. As an avid camper, hiker, and nature enthusiast I'm always looking for a new adventure.
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Inside world’s first ever $1 billion hydrogen superyacht – and it’s linked to Bill Gates
The world’s first hydrogen fuel-cell superyacht has been unveiled in Amsterdam. It has taken Feadship 5 years to deliver Project 821, reportedly commissioned by Bill Gates.
Project 821 features 12 guest staterooms, two staff cabins, accommodation for 44 crew members, a hospital, library, elevator, cinema, pool with a moveable glass bottom, multiple hot tubs, steam room, a gym, separate owners deck with two bedrooms, two bathrooms, two offices, and fourteen slide-out balconies.
What makes the Project 821 Feadship superyacht truly exceptional, however, is it is hydrogen-powered.
Jamie Edmiston, the CEO of yacht brokerage company Edmiston, represents the owner and is brokering the sale for a reported $1-billion. Edmiston says no expense was spared to build the groundbreaking vessel.
“The brief was to build the greenest and most environmentally advanced yacht ever built, without compromise,” says Edmiston. “It was a huge challenge, but one that the team has embraced and delivered on. The yacht we see today, designed by RWD and built by Feadship is without doubt the best yacht ever built. I am proud to have been involved since the inception of this idea.”
Neither Edmiston nor Feadship have revealed who commissioned the superyacht. eSysman Superyachts reported in April that it belongs to Bill Gates.
Jan-Bart Verkuyl, the CEO of Feadship Royal Van Lent shipyard, says pushing green superyacht technology as far as it could go was the mandate to develop of the vessel.
“The aim has been to develop a new, clean technology not just for this project, but for the world,” Verkuyl says. Feadship has pledged to develop ‘net-zero’ yachts by 2030 and has an R&D team researching hydrogen and other fossil-fuel-free alternatives.
“The size of the proposed yacht – 100-metres-plus – made it a good candidate to explore pure green hydrogen as the fuel-cell source,” a Feadship statement reads.
“Even a yacht the size of Project 821 cannot carry enough liquid hydrogen to power a crossing, but Feadship could impact a yacht’s carbon footprint where it is largest — generating electricity to serve the hotel load,” according to Feadship.
A yacht’s hotel load represents 70-78 per cent of a yacht’s annual total energy and heating and air conditioning make the largest demands, Feadship states. Air conditioning is a significant energy consumer on yachts, according to research from a maritime industry body .
“Supplying that electrical power via non-polluting hydrogen fuel cells has a swift and significant impact,” according to Feadship.
“Although there are hydrogen fuel cell-powered cars, and fuel cells have been used as the primary source of electrical power on human spaceflight for more than six decades, nothing existed in the maritime sector. There were no regulations for hydrogen storage and fuel-cell systems at class, flag-state or even the International Maritime Organisation level,” Feadship states.
Feadship, Edmiston and Lloyd’s Register developed new equipment, protocols and regulations for hydrogen to be used in the maritime industry. Feadship states that hydrogen fuel cells have water as their only exhaust, and are a combustion-free way to generate electricity.
“Project 821 features the most efficient waste heat recovery system yet developed, a system heating everything from the pool, Jacuzzi and steam room to the ambient air temperature and towel bars and floors in the guest bathrooms. Further savings in the hotel load will come from a Smart AC system linking sensors to an energy management system that automatically reduces air conditioning or heating in unoccupied guest spaces,” Feadship states.
When pure hydrogen is not available, electricity is generated by MTU generators combusting a biofuel said to reduce emissions by 90 per cent.
The work that has been done to deliver the no-expense-spared Project 821 superyacht is now being used for other vessels.
“The value of the research as well the development of class and flag safety regulations for an entirely new type of energy generation is an advancement we are proud to have made available to all,” says Verkuyl.
In 2025, two Norwegian ferries will operate using the system developed for Project 821.
Look back on the week that was with hand-picked articles from Australia and around the world. Sign up to the Forbes Australia newsletter here or become a member here.
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Bill Gates Has Superyacht Powered By Liquid Nitrogen: It's Already For Sale After Sea Trials
Zinger key points.
- Bill Gates commissioned a green energy superyacht.
- The record-breaking superyacht costing over $600 million has completed sea trials, but Gates won't be taking ownership.
Bill Gates outspent fellow billionaire Jeff Bezos to construct one of the most expensive yachts ever . Yet, he doesn’t seem too keen on owning it for himself.
What Happened : The Microsoft co-founder, known for his emphasis on sustainable energy , commissioned a superyacht to be made using fuel cells.
The groundbreaking vessel, known as Breakthrough, has completed its sea trials. It is also set to be sold after Gates passed on buying it, as reported by LuxuryLaunches.
The $645 million superyacht is powered by liquid hydrogen, and stored at -423 degrees Fahrenheit. That makes it nearly as cold as outer space.
Along with using hydrogen power to travel, the yacht’s amenities are powered with emission-free energy thanks to green hydrogen.
Breakthrough completed trials near Amsterdam. The boat now heads to Edmiston , a seller of luxury yachts.
Coming in at 390 feet long, the Breakthrough is not quite as long as Bezos’ 417-foot Koru vessel. Recall how the Amazon.com founder had difficulty getting the $500-million boat out of a shipyard.
The Koru, which has its own support vessel spanning 250 feet long, comes with estimated annual operating costs of $25 million.
Breakthrough comes with an even higher price tag and is the first superyacht to be fuel-cell powered. It also features many amenities fit for Gates: a library, movie theater, basketball court, pool and onboard fully equipped hospital.
You may not be a billionaire like Bill Gates, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — check out five stocks flying under the radar that deserve your attention.
What’s Next : Gates not taking ownership of the superyacht could take away from the huge fuel-cell accomplishment. Also, there are relatively few potential owners who can afford the $645 million price tag.
"The brief was to build the greenest and most environmentally advanced yacht ever built, without compromise," Edmiston CEO Jamie Edmiston previously said, as reported by Forbes. "It was a huge challenge, but one that the team has embraced and delivered on."
It is unknown why Gates decided not to take ownership of the superyacht he commissioned.
Gates, the sixth-richest person in the world, is worth an estimated $160 billion according to Bloomberg .
- Bill Gates Says Retirement ‘Sounds Awful,’ How Warren Buffett Inspires Billionaire To Keep Working
Image via Flickr/ World Economic Forum
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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