You can be on Entrepreneur’s cover!

Bezos Commissions a $500 Million Mega Yacht That Comes With Its Own Support Yacht The vessel is reportedly one of the largest sailing yachts ever built in the Netherlands.

By Euni Han

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Anadolu Agency | Getty Images

Jeff Bezos has commissioned a $500 million mega yacht, Bloomberg reports. The yacht is reportedly longer than a football field, features several decks and will have a support yacht with a helipad.

Bezos placed the order two years ago for the luxury ship, which is being built by Dutch company Oceanco. The vessel will be one of the largest sailing yachts ever built in the Netherlands, the unofficial capital of boat-building for the super rich, according to Bloomberg. The project is known as Y721 and has been a closely guarded secret.

What's not a secret is Bezos's fondness for yacht travel. In 2019, the Amazon founder and girlfriend Lauren Sanchez were spotted on entertainment mogul David Geffen's yacht off the coast of Spain and later sailing with designer Diane Von Furstenberg and her partner. This year, the couple was spotted on a yacht in Cabo San Lucas, Mexico.

Sam Tucker, research head of London-based company VesselsValue, says the boating industry has particularly exploded amid the luxury industry boom.

"It's impossible to get a slot in a new-build yard," Tucker says, in an interview with Bloomberg. "They're totally booked."

Second-hand is probably not an option for Bezos, who reclaimed the title of world's richest man from Elon Musk this year, according to Bloomberg Wealth. Bezos is worth an estimated $191 billion.

Related: Jeff Bezos's Space Company Blue Origin Will Auction Off a Tourist Ticket to Space

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

He Took His Side Hustle Full-Time After Being Laid Off From Meta in 2023 — Now He Earns About $200,000 a Year: 'Sweet, Sweet Irony'

When Scott Goodfriend moved from Los Angeles to New York City, he became "obsessed" with the city's culinary offerings — and saw a business opportunity.

Personal Finance

How to Get a Lifetime of Investing Experience in Only One Year

Plus, how day traders can learn a lesson from pilots.

Branding

94% of Customers Say a Bad Review Made Them Avoid Buying From a Brand. Try These 4 Techniques to Protect Your Brand Reputation.

Maintaining a good reputation is key for any business today. With so many people's lives and shopping happening online, what is said about a company on the internet can greatly influence its success.

Travel

Save on Business Travel with Matt's Flight's Premium, Only $80 for Life

This premium plan features customized flight deal alerts and one-on-one planning with Matt himself.

Science & Technology

Here's One Reason Urban Transportation Won't Look the Same in a Decade

Micro-EVs may very well be the future of city driving. Here's why, and how investors can get ahead of it.

Marketing

I Got Over 225,000 Views in Just 3 Months With Short-Form Video — Here's Why It's the New Era of Marketing

Thanks to our new short-form video content strategy, we've amassed over 225,000 video views in just three months. Learn how to increase brand awareness through short-form video content.