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Which Billionaires Will Lose Their Spots on List of World's Largest Yachts in 2013?

Project Azzam

Photo Courtesy of Claus Schäfe |

The world’s largest yacht, said to have been commissioned by the Saudi Royal Family, will be among nine new vessels launching in 2013 that qualify for a spot among the world’s 100 biggest yachts, displacing several billionaires currently in prime position. Project Azzam, a top secret 590-ft. yacht currently under construction at German shipyard Lurssen will be completed sometime in the next nine months, according to’s new 2013 Top 100 forecast. The yacht, which is likely to cost around $750 million, will be about 54 ft. longer than Roman Abramovich’s Eclipse, currently the world’s biggest, which will drop to the no. 2 spot. The next landmark launching will be Swift, a 443 ft. yacht from Abu Dhabi MAR which will be among the 10 largest yachts in the world when finished and will bump Microsoft billionaire Paul Allen’s 413-ft. Octopus down to the no. 14 spot on the list. 

Following that in terms of size will be a 413-ft. craft called Privilege One from Italy’s Privilege Yachts, and a 325 ft. vessel from the Netherlands’ Feadship de Vries yard, which built Oracle mogul Larry Ellison’s 289-ft. Musashi in 2010. The new Feadship launch will top the shipyard’s recently completed Venus, the 260-ft. Philippe Starck-designed yacht commissioned by the late Steve Jobs. Meanwhile Dutch shipyard Oceanco has a 300-ft. vessel codenamed Y709 planned for launch later this year which will bump Ellison’s craft down, while Germany’s Blohm + Voss, which built the Eclipse for Abramovich, is working on a 269-ft. yacht for an unnamed client. David Geffen, Steven Spielberg and Ron Perelman will all be big losers in the largest yacht race as well, bumped down on the list due to the new launchings.

Jared Paul Stern

Jared Paul Stern has written for the Wall Street Journal, New York Times, the New York Times' T magazine, GQ, WWD, Vogue, New York magazine, Details, Hamptons magazine, Playboy, BlackBook, the New York Post, Bergdorf Goodman magazine and Luxist among others. The founding editor of the Page Six magazine, he has also served as a judge for everything from the International Best Dressed List to the F...(Read More)

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