Jeff Bezos, the founder of Amazon and one of the world’s richest men, has made headlines for his purchase of a massive yacht. The luxurious vessel, known as the “Project 721,” has an estimated cost of $500 million, making it one of the most expensive yachts ever built.
The Project 721 was built by the Dutch shipbuilder Oceanco, and it is reported to be 417 feet long, making it one of the largest yachts in the world. It features three decks and is equipped with state-of-the-art amenities, including a helipad, a swimming pool, a spa, and multiple lounges.
Bezos reportedly commissioned the yacht in 2019, and it is set to be delivered to him in 2022. The yacht’s name is said to be a reference to the alphanumeric code for Bezos’ personal motto, “Day One,” which represents his belief in the importance of maintaining a startup mindset, even as his company has become one of the largest in the world.
While the $500 million price tag for the Project 721 may seem extravagant, it is not unusual for ultra-wealthy individuals to spend vast sums on luxury yachts. In fact, the world’s top billionaires are known to compete with each other to own the most impressive vessels.
For example, Russian billionaire Roman Abramovich owns the Eclipse, which is reported to have cost $1.5 billion to build. The Eclipse is equipped with advanced security systems, including bulletproof windows and a missile detection system, and it can accommodate up to 36 guests.
Another notable yacht owner is Sheikh Khalifa bin Zayed Al Nahyan, the President of the United Arab Emirates. He owns the Azzam, which is reportedly the largest yacht in the world, measuring 590 feet in length. The cost of the Azzam is estimated to be around $600 million, making it slightly more expensive than Bezos’ Project 721.
In conclusion, Jeff Bezos’ yacht, the Project 721, is one of the most expensive yachts ever built, with an estimated cost of $500 million. While the price tag may seem extravagant to most people, it is not unusual for ultra-wealthy individuals to spend vast sums on luxury yachts. The world’s top billionaires are known to compete with each other to own the most impressive vessels, and Bezos’ purchase of the Project 721 is just the latest example of this trend.
