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Meet Billionaire Owner Of The World's Most Expensive Yacht Amevi; It's Worth Rs 1,000 Crore

It's not news that the world's top billionaires own ridiculously expensive things, from luxury cars to opulent houses and private jets. We have all witnessed that the ultra-rich have a penchant for all things luxury.

But the world's most expensive yacht, the Amevi superyacht, can put even the most extravagant things. And it is owned by none other than the steel magnate Lakshmi Mittal.  Here's all about Amevi.

All about  superyacht  Amevi

Mittal owns a 262-metre Amevi superyacht worth around Rs 1,000 crore. The yacht has a swimming pool, gymnasium, spa and cinema hall. Amevi features a magnificent sky lounge, offering panoramic views and a large terrace to get to the sun decks. It also features a massage room, salon, helipad, and stabilised pool table.

The Amevi superyacht was built in 2007 by Oceanco, a shipyard based in the Netherlands and designed by Nuvolari Lenard. Oceanco is a team of experts who merge the expertise of old-world Dutch craftsmanship with cutting-edge technology to create unparalleled masterpieces.  

Renowned luxury yacht designer Alberto Pinto has designed the interiors of Amevi. It accommodates 16 guests in its 8 VIP rooms and can carry over 20 crew members.

The owner's suite on the upper deck features a cut above the rest with a full-beam design. It also includes a lounge and private outdoor space with two jacuzzis.

The yacht has twin MTU 16V 595 TE70 engines with a total power of 9,100 HP (6,800 kW). The yacht reaches a maximum speed of 18.5 knots or 34.3 kmph, with a cruising speed of around 14 knots or 26 kmph.

Ranked the 7th richest Indian globally, Mittal has embarked on voyages to India, Spain, Gibraltar, and Norway aboard his lavish yacht.

Most expensive yachts by Indian billionaires

Other prominent Indian billionaires who possess yachts include Mukesh Ambani, Anil Ambani, Adi Godrej and Gautam Singhania, among others.

Mukesh Ambani, Asia's richest man, reportedly owns an ultra-luxury yacht shaped like a horseshoe, boasting a mind-boggling cost of $100 million. Stretching an impressive 58 meters, the yacht is replete with luxurious amenities, including private suites, a spa, a 25-meter swimming pool, and a lounge bar.

Not to be outdone, his younger brother Anil Ambani, accompanied by his wife Tina Ambani, also purchased a yacht named TIAN, though the exact cost, rumoured to be around Rs 200 crore, remains undisclosed.

Former billionaire Vijay Mallya once used to own a yacht named the Empress of India, which he had bought for an undisclosed amount in 2006. Mallya said in 2018 that the 95-metre yacht was sold for 43.5 million.

For more on news and current affairs from around the world, please visit  Indiatimes News.

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All about Amevi, world’s most expensive superyacht worth INR 1000 cr

You might have heard of or read about a lot of ridiculously expensive things owned by celebrities and businessmen and their expensive tastes. From Ambanis and Adanis to Bollywood stars, the ultra-rich of India have a penchant for all things luxury. But the world’s most expensive yacht, the Amevi superyacht can put even the most extravagant things to shame. And it is owned by none other than the steel magnate Lakshmi Mittal.

In India, super yachts are owned by a lot of the ultra rich. Both Anil and Mukesh Ambani own separate yachts. Adi Godrej and Gautam Singhania have their own yachts. Former billionaire and tycoon Vijay Mallya also owned Empress of India, one of the most expensive yachts in the world. But Lakshmi Mittal’s Amevi superyacht is a league ahead of all its contemporaries. Let’s find out all about it, while we daydream about being on a yacht vacation.

All about Lakshmi Mittal’s Amevi superyacht

Who built the amevi superyacht.

The Amevi superyacht was built in 2007 by Oceanco, a shipyard based in the Netherlands and designed by Nuvolari Lenard. Oceanco is a team of experts who merge the expertise of old-world Dutch craftsmanship with cutting-edge technology to create unparalleled masterpieces.

Specifications

The superyacht is 80 metres (262 ft) long with a moulded beam of 14.2 metres (46.6 ft) and can accommodate up to 16 guests and 22 crew members. With a gross tonnage of 2,310 tonnes, the yacht has twin MTU 16V 595 TE70 engines with a total power of 9,100 HP (6,800 kW). The yacht reaches a maximum speed of 18.5 knots or 34.3 kmph, with a cruising speed of around 14 knots or 26 kmph.

Price of Amevi superyacht

Reportedly, the price of this majestic piece of luxury is USD 125 million (INR 1,024 crore approx).

The interiors of the Lakshmi Mittal-owned superyacht was done by renowned interior designer Alberto Pinto who is known for his work in commercial spaces like offices and hotels and private jets .

Amevi features a magnificent sky lounge, with a heated swimming pool , offering panoramic views and a large terrace to get to the sun decks. The yacht also features a gym, a private movie theatre, massage room and salon, a helipad, and a stabilised pool table.

Accommodation

The luxury yacht has eight exquisite suites to accommodate 16 guests. Onboard are three VIP staterooms, a double cabin, and two twin cabins on the main deck, featuring large plasma screens. The owner’s suite on the upper deck features a cut above the rest, with a full-beam design. It also includes a lounge and private a outdoor space with two jacuzzis.

All Images: Courtesy superyachts.com

Frequently Asked Questions (FAQs)

Answer: Lakshmi Niwas Mittal, the CEO of ArcelorMittal, is the steel king of the world.

Answer: According to Forbes, Lakshmi Mittal is the 93rd richest man in the world currently.

Answer: Mittal is the Executive Chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam.

Answer: As of 2023, Mukesh Ambani is richer than Lakshmi Mittal.

Answer: ArcelorMittal's main competitors include thyssenkrupp, China Minmetals, Teck and DOWA HOLDINGS.

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Billionaires: Jeff Bezos takes his $500 million superyacht for a test run

In our fortnightly round-up of the world’s super wealthy, mukesh ambani builds on record cricket views with new offerings and winklevoss twins lend $100 million to their gemini crypto platform.

Previously known as Y721, the ship is now registered as Koru and is flying under a Cayman Islands flag. EPA

Billionaire Jeff Bezos should have his new superyacht in time for the summer.

On Wednesday, the 417-foot (127-metre) Koru left a shipyard in the Netherlands and anchored off the coast of Spain near Mallorca, where it’s undergoing tests.

The Koru’s excursion is part of the sea trials where an owner puts the boat through its paces to make sure everything is working properly, according to a person familiar with its travels, who requested anonymity discussing private matters. It could return to the shipyard for final tweaks before being delivered.

The three-mast superyacht is estimated to have cost the Amazon founder more than $500 million.

Mr Bezos, 59, is the world’s third-richest person with a fortune of $126.2 billion, according to the Bloomberg Billionaires Index.

Jeff Bezos's $500m superyacht — in pictures

A superyacht, reportedly built for Amazon founder Jeff Bezos, sits on a slipway in Zwijndrecht, the Netherlands. All photos: AP

Previously known as Y721, the ship is now registered as Koru and is flying under a Cayman Islands flag. It’s the largest sailing yacht afloat, according to Boat International , and one of the biggest to be built by Netherlands-based Oceanco.

An Amazon representative did not respond to a request for comment.

The superyacht’s size has caused a number of headaches for Mr Bezos and its builders. The height of its masts was originally going to force the city of Rotterdam to dismantle historic steel bridge De Hef for the boat to be able to make it to the ocean.

City officials initially agreed to temporarily take apart the bridge’s central section, but Oceanco ended up retracting the request amid public outcry. The shipbuilder eventually towed the vessel out to sea without its masts.

The size of the sails also meant that the yacht couldn’t have a helipad on board. Instead, Mr Bezos and his helicopter pilot partner Lauren Sanchez will rely on a support boat, which is currently crossing the Atlantic with a destination of Gibraltar, according to vessel-tracking data.

Mukesh Ambani

Billionaire Mukesh Ambani ’s streaming service will add more than 100 films and TV series to its platform, building on the popularity of its cricket broadcasts in its push to take on global giants such as Walt Disney and Netflix in the fast-growing Indian market.

The expansion will coincide with JioCinema starting to charge for content, though the exact pricing strategy is still being finalised, media and content business president Jyoti Deshpande said in an interview.

New titles will be introduced before the end of the Indian Premier League cricket next month, and viewers will still be able to watch matches for free until then, she said.

Mr Ambani’s sprawling conglomerate has aspirations to become a global media and online streaming behemoth.

Last year, Viacom18 Media, a joint venture between Paramount Global and the billionaire’s Reliance Industries, outbid Disney and Sony Group to clinch the digital rights to IPL — one of the world’s fastest-growing sports events that’s seen as a critical way for any media company to lure eyeballs in India.

The potential viewership in India, home to 1.4 billion people and with a growing middle class and expanding internet access, is immense.

JioCinema drew more than 1.47 billion video views during the opening weekend of the IPL in April, and had 22 million viewers for a match on Wednesday.

It remains a market that’s been hard to crack for global streaming platform giants: Netflix has cut its fees to lure price-conscious users, while a robust local cinema-going culture means Indian viewers can be picky in what they’ll watch online.

Both price and content are at the front of mind in JioCinema’s expansion, said Ms Deshpande.

The plan is to “keep tariffs simple for viewers”, she said.

Currently, the streaming space “is dominated by westernised content. Jio Studios wants to become a catalyst for cross pollination of talent. We want to get as Indian as it can,” she added.

That includes rolling out films and series from thrillers and romance to biopics in languages including Hindi, Marathi, Bengali and Gujarati.

Tyler and Cameron Winklevoss

Billionaires Tyler and Cameron Winklevoss have dipped into their own pockets to support their crypto exchange Gemini Trust , which has faced numerous setbacks during the year-long market downturn for digital assets.

The twins made a $100 million loan to Gemini recently, according to two people familiar with the matter, who did not wish to be identified discussing private information.

The move came after Gemini had informally sought funding from outside investors in recent months without coming to any agreements, according to three people.

Gemini and the Winklevoss twins didn’t respond to requests for comment.

Venture funding for crypto start-ups has cratered following the collapse of crypto exchange FTX and slowdowns in the tech and crypto industries, plummeting 80 per cent to $2.4 billion in the first quarter compared with the same period last year, according to data from research firm PitchBook.

Gemini has experienced its own troubles during the crypto bear market, a sharp contrast to when it raised $400 million at a valuation of $7.1 billion in November 2021.

Fallout from the implosion of FTX led to the bankruptcy of crypto lender Genesis Global Holdco, severely bruising Gemini in the process.

Genesis Global had been Gemini’s sole partner on its Gemini Earn lending product and when Genesis froze withdrawals in November, that forced Gemini to pause redemptions on Earn accounts.

The move left $900 million of customer money in limbo and sparked a heated spat between the Winklevoss twins and Barry Silbert, chief executive of Digital Currency Group, the parent company of Genesis.

In February, the two parties reached an agreement in principle to resolve the dispute, under which Gemini would kick in as much as $100 million.

The Winklevoss loan won’t go towards that, but rather to fund operations, one person familiar with the matter said.

David and Simon Reuben

David and Simon Reuben are exploring ways to finalise one of Los Angeles’s biggest real estate projects after taking control over major parts of the $2.5 billion plan through debt financing deals.

The British billionaire brothers are in talks over a revised repayment plan with the US property developer behind the Century Plaza site after it defaulted on loans during the pandemic, according to a statement from the Reubens’ namesake company.

The project, which includes a five-star hotel as well as retail stores and residential units, is almost complete.

Reuben Brothers is now “engaged in discussions on a forbearance agreement with the borrower, Next Century Partners, controlled by Michael Rosenfeld, to ensure the project will move forward”, their company said, without disclosing financial terms.

“With the funding and development secured, Century Plaza can cement itself as a premier luxury residential complex in the centre of Los Angeles.”

Representatives for Next Century Partners didn’t respond to requests for comment.

The situation underscores the risks many real estate companies worldwide face as higher interest rates to curb surging inflation lead to more defaults.

Money managers have recently stepped up their bearish bets against office landlords: Warren Buffett has warned there will be problems for banks in the commercial property sector, while investor Kyle Bass went as far as saying skyscrapers will need to be demolished.

The Reubens control one of the world’s biggest portfolios of retail, office and residential properties. Sons of Iraqi Jews, they were born in India and moved to London as teenagers.

They built a fortune trading metals and later invested in real estate, leisure and technology companies. David, 84, and Simon, 81, have a combined net worth of $13.6 billion, according to the Bloomberg Billionaires Index.

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Here's how much Mukesh Ambani's Antilia really costs

By GQ Staff

Asia’s richest man Mukesh Ambani, who was also featured in the world’s top 10 richest persons list last year, drives around in luxury cars with top-end Mercs and Range Rovers forming his security convoy. The business magnate also made a whopping Rs 90 crore/hour since March 2020 – a time that marked pandemic induced lockdown. And he lives in Antilia, the iconic building in Mumbai which is one of the most expensive properties not just in India, but in the world. 

Antilia was built by an international team. Australian construction giants, Leighton Holdings, put together the blueprint and civil engineering in erecting the iconic property. The robust 27-storey building can also survive an earthquake of magnitude 8 on the Richter scale, per Architectural Digest .

The luxurious home is replete with a mid-air pool, multiple gymnasiums, theatres, massive parking space ( with parking space for 168 cars), and an indoor snow room that pumps artificial snowflakes 24x7, whether occupied or not. The home also has 9 high-speed elevators for different floors.

Neeta Ambani at Antilia

The exquisite interiors of Antilia have been imagined and brought to life by Chicago-based architects Perkins and Will. Some of their notable projects are the Center of Coastal and Deltaic Solutions, Collin College of Technical Campus and Albion Library in Toronto.

How much Mukesh Ambani’s Antilia really costs?

Ranked second among the world’s most expensive properties, one can only imagine that the house of India’s richest man comes at a steep price. Spread across 400,000-square-feet, featuring 3 helipads, and six-storey underground parking among other amenities, Antilia is priced between Rs 6,000 crore to Rs 12,000 crore, according to Forbes .

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From Salman Khan To Mukesh Ambani, Richest Indians Who Own A Luxury Yacht

  the super ritzy lives of india’s filthy rich  .

By Mashable India

21 July 2022

Salman Khan

  one of the top entertainers in the industry, salman khan’s net worth is estimated at $310 million. he is known for his fleet of cars and bikes besides being invested in a plethora of business and philanthropy.    , 50th birthday gift,   he gifted himself a cool luxury yacht as his 50th birthday present in 2016. the yacht can host around 10 people including the crew.   , gautam singhania,   raymond group’s boss gautam singhania’s net worth is $1.4 billion. he is one of the handful of indian industrialists who own yachts.    ,   gautam singhania bought the yacht in 2006. ashena the luxury yacht can host about 10 guests besides a crew of 8.   , anil ambani,   anil ambani would have been as rich as his brother if not for a few failed ventures and the enormous debt he got himself buried into. nonetheless the ever so flamboyant anil lives quite an enviable life.   ,   he bought tian as an anniversary gift for wife tina ambani in 2008. tian is the initial two letters of both tina and anil. the $80 million yacht can host 12 guests.    , lakshmi mittal,   steel magnate lakshmi mittal is the executive chairman of arcelormittal. the industrialist’s current net worth is about $17.8 billion.   ,   the king of steel owns a superyacht amevi, that is mostly seen in the barbados sea. the yacht was bought in 2007 for $125 million.   , vijay mallya,   the flamboyant king of good times will soon be prosecuted for syphoning money to the tune of thousands of crores. most of his property is attached. he owned a fleet of luxury vehicles including a yacht which was confiscated in 2018.    ,   vijay mallya’s luxury yacht ‘kalizma’ was bought for $112 million in 2006. it can entertain over 15 guests in its lavish suites.   , mukesh ambani,   the second richest indian and asian (thanks to his nemesis adani), mukesh ambani has quite a thing for the most exquisite luxury. besides owning the most expensive home in the world ‘antill’, ambani has a fleet of luxury vehicles and a superyacht.   , the floating palace,   the yacht costing us$ 100 millions comes with all the comforts of life you can imagine. decked with a helipad, guest suites, sauna, lounge bar etc. this vessel is basically a floating palace.  .

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5 Indian Celebrities And Business Tycoons Who Own Lavish Yachts

Be it business tycoons or celebrities both make headlines with their extravagant purchases. Be it private jets, vanity vans, etc. celebs and tycoons do own one. One of such extravagant purchases is Yacht. This sailing vessel is generally used for sailing, cruising and also racing. Our Indian celebrities and tycoons have already invested in yachts and here are the names.

1. Mukesh Ambani

Indian business magnate Mukesh Ambani loves yachts and owns one which looks nothing less than a floating palace in the sea. It is a 3 deck luxurious and uniquely shaped yacht about 58 metres long and 38 metres wide. There is a lift that connects the decks. The yacht is rumoured to be about 78 million pounds sterling. 

2. Laxmi Mittal

Laxmi Mittal is popularly known as a steel magnate in India and owns one of the largest yachts in the world which is about 80 metres named Amevi. The Yacht has 8 VIP staterooms. Mittal has his own cabin with lavish furniture and Italian marble used in the bathroom. The yacht is about 113 pounds sterling and was built in the Netherlands. 

3. Salman Khan

In the ‘Tiger Of Bollywood’, Salman Khan owns some of the most lavish things and adds to it a yacht. On his 50th birthday in 2016, the actor had gifted himself a yacht reportedly worth 3 crores. He has been hosting a lot of parties on the yacht for his close friends and family. The actor also prefers sailing on his private yacht to unwind with his close friends. 

4. Gautam Singhania

Chairman of the Raymond Group, Gautam Singhania owns a luxurious yacht named MY Ashena. He loves collecting luxury vehicles and his yacht is one of them. The three decked luxurious yacht is completely made out of Burma teak wood. The yacht was constructed in 5 years.it is reportedly said that Gautam spends a whopping amount of 51 crores on the yacht. 

5. Anil Ambani

Anil Ambani, an Indian business tycoon, gifted a luxurious yacht to his wife, Tina Ambani. Including construction and import charges, Anil Ambani paid about 63 million pounds sterling. The yacht is generally anchored near the Gateway of India and the couple does go to exotic locations on it. 

Also read:  5 Most Expensive Private Jets Owned By Bollywood Celebrities

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The Ambani family's Mumbai tower, Antilia, cost $1 billion to build. Check out the world's most expensive private residence.

Mukesh Ambani , India's richest man, and his family live in a fittingly opulent 27-story tower on Mumbai's most exclusive street.

• The family of Anant Ambani , who just had a massive pre-wedding party, has built a tower in Mumbai. 
• The 27-story house, called Antilia, is said to be the most expensive private residence in the world.
• Antilia's interiors have rarely been photographed, but it has a 50-seat cinema and three helipads.

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Named the most expensive private residence in the world by the Guinness Book of World Records, the Ambanis' house apparently requires a staff of 600, has three helipads, and features a movie theater that can seat 50.

Dubbed Antilia — the name of a mythical island off the coast of Europe — the interior of the building has been rarely photographed.

Business Insider compiled everything we know about Antilia, the Ambani family home.

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Ambani's Jets, Mittal's Yachts: Luxurious Rides Of The Ultra-Rich

Who Owns What

Private yachts and customised planes. Check out the travel modes of the jet set that double up as meeting venues, party hangouts and spots to host special occasions. For those Indians — and those with desi roots — who are counted among the world’s wealthy, island hopping in Europe aboard their customised 200-feet yacht or taking off in their bespoke jet across the continent are but a way of putting a monogram on their commute. Take a look at the rides of the jet set:

Lakshmi Mittal’s Amevi

In 2014, this London-based billionaire was spotted relaxing on the Greek island of Mykonos, dressed casually in a white T-shirt and baggy shorts. A newspaper report speculated that while Mittal lounged on the beach alongside other tourists, his 262-feet-long yacht Amevi was parked in the waters nearby. Some amenities on board: Sun decks, a heated swimming pool, a cinema, a gym, a massage room, a hairdressing salon as well as a unique, stabilised pool table to name a few.

Mukesh Ambani’s Boeing Business Jet

More than a decade ago, it was reported that Ambani gifted his wife, Nita, a private jet on her 44th birthday. It was said at the time that this jet was “custom-fitted with an office and a cabin with game consoles, music systems, satellite television and wireless communication. It also has a master bedroom, a bathroom with a range of showers and a bar with mood lighting”. As his personal ride, Ambani reportedly favours a Boeing Business Jet. “Most often, they want access to the same amenities in the air.” That’s how the airplane maker describes their customer’s requirement, a.k.a, a flying home, as that’s what’s wanted.

Ravi Ruia’s Sunrays

“The ultimate guest and owner’s yacht.” That’s how the captain of Sunrays, delivered in March 2010 describes it. According to a description of the yacht available on the Oceanco’s website, “The upper deck is given over to the owner’s suite and an adjacent VIP suite that can be combined to create one expansive living area. Both suites have fold-down sea balconies. The owner’s exterior foredeck hosts a whirlpool and sunbathing area. The remainder of the yacht’s accommodations for up to 16 guests is on the main deck with one VIP stateroom and four guest cabins.” The large dining room can be converted into a video conference room with the optional use of the adjacent library. Foldable sea balconies provide guests unimpeded views while dining.

Kumar Mangalam Birla’s Cessna Citation

A blog published by an apparel brand, owned by the Aditya Birla Group, documented the private jets of India’s rich and famous. The listicle included the jets owned by Birla, the Group’s chairman. It said, “Few people know that this sharp, business-minded entrepreneur also has a sweet tooth, when it comes to sweet flying machines, with his Gulf Stream (G100) and Cessna Citation...It’s believed that Citations are the world’s most established, well-liked and most trusted fleet of business jets. The jet has high-tech design of pilot-friendly flight decks and luxury cabin interiors. Birla is often spotted taking a ride in his luxurious aircrafts.”

Sunil Vaswani’s Platinum

This Dubai-based billionaire’s yacht is apparently a fixture in the Mediterranean and was even spotted at the French Riviera around the time that the Cannes Film Festival was held this year, with others in the list for company. Vaswani, who is considered to be one of the richest Indians in the Gulf Cooperation Council (GCC) countries, was once described as he “who lives on multiple continents and sails the Mediterranean each summer in an all-purpose luxury yacht”. The logo of the Stallion Group, which he heads, adorns the yacht.

Ratan Tata’s Dassault Falcon 2000

Tata’s love for aviation is an open secret. But he is perhaps one of the handful of billionaires in the world who not only owns a private jet, but even flies one. “A lot of people know that Ratan Tata owns a Dassault Falcon 2000 private jet but, what they do not know is that since Tata is a trained pilot, he even flies his own private jet and other jets owned by the Tata group,” said an earlier report.

Reuben Brothers’ Siren

“While watching the boat slowly taking shape in Rendsburg, we suddenly became aware of how seductive and mysterious she seemed. We just knew then that we had to call her SIREN and we are absolutely delighted with the result.” That’s the quote attributed to the owner of the 241 feet-long Siren, on the website of Nobiskrug, the German company that built the yacht. Presumably the owner quoted in question is either David Reuben or his brother Simon. Commonly referred to as the Reuben Brothers, they trace their roots back to Mumbai, and are counted among the UK’s richest individuals. Theirs is an award-winning superyacht with a foldable helicopter platform, that can double up as “a sundeck, a dance floor or a stage”.

Adar Poonawalla’s Gulfstream G550

Earlier this year, this scion became the first Indian to take delivery of a fully customised, ACH145 helicopter by Airbus. While his new ride, with a seating capacity of eight is great for covering relatively shorter distances, his Gulfstream G550 aircraft is reportedly his transportation of choice for long-haul journeys. In an earlier interview, Poonawalla had said, “With a 13-hour range, it (his jet) can take me to anywhere in the world with a single halt.” The report further added, “The plane can also come in handy when he (Poonawalla) craves continental food and in case he wants to fly in Michelin star chefs to cook for his friends and him.”

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