Outrun Change

We need to learn quickly to keep up with the massive change around us so we don't get run over. We need to outrun change.

Worlds far away I will never visit – Cost of luxury yacht and its support yacht. Part 2.

Foredeck. Photo by James Ulvog.

Previous post described a huge luxury yacht and a slightly smaller yacht used his support to carry the helicopter, submarine, and five small (?) support boats.

Totally wild guesses on costs

The accountant in me is incapable of using a high-powered telescope to glimpse inside this rarefied world without wondering about the costs. So…

Spend 30 seconds on an Internet search on price of the Lonian and you’ll find this page. I will not mention the names involved. Not sure why I wish to avoid doing that because the name of the principal, his source of wealth, the name of multiple relatives are in the public realm. I’m just not going to say anything.

His reported net worth is $2.2 billion.

Jet airplane

He owns a Bombardier Global 6000 and Airbus H145.

Quick search on the Bombardier Global 6000 indicates it weighs in at 49,820 pounds, has top speed of 590 mph, with 7,077 mile range. Cost of the 6000 is estimated at $62 million.

Controller website lists a number Bombardier Global 6000 aircraft available-for-sale. A few of the listings with prices:

  • $25,500,000 – 2016 – 1500 total hours
  • $21,495,000 – 2015 – 2550 hours
  • $22,450,000 – 2014 – 1635 hours

Quick search for the operating costs of this plane shows an estimate by Aircraft Cost Calculator of $5,719 an hour based on 450 hours per year.

Yachts

Published reports say the price on the Hodor has not been revealed.

The article estimates the Lonian’s price at $160 million in one place and $125 million later in the article.

Middeck. Photo by James Ulvog.

To get even a vague idea on the price of a 77 meter yacht, we can take a look at the Superyacht Times again, for something that resembles a data point:

  • €120 million – 88.5 m – 2018
  • €119 million – 87 m – 2012
  • €90 million – 85.6 m – 2008
  • €120 million – 85.1 m – 2011
  • €99 million – 82.48 m – 2013
  • €49 million – 80.15 m – 1990 (looks like there’s a lot of depreciation on these things)
  • €112 million – 80 m – 2019
  • €25 million – 76.31 m – 1972 (another oldie)
  • €85 million – 73.2 m – 2018

The 1990 and 1972 ships look like outliers, likely because of their age and they don’t have all the fancy pants options that are routine on a newer ship.

Aftdeck. Notice helicopter and back end of largest tender. Photo by James Ulvog.

Exchange rate is about $1.196 to €1, so here’s some conversions:

  • €120M – $144M
  • €110M – $132M
  • €100M – $120M

With all the specialized equipment on the Hodor, I will guess it’s cost was close to the price tag on the Lonian.

Water level dock for accessing ship tenders. One on each side of ship. Photo by James Ulvog.

Next post: Guess on price for the goodies carried on the Hodor.

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