Sardinia Luxury Tax on Mediterranean Yacht Charter Vessels Abolished

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CLIENT QUESTION
“Hey, 1-800 Yacht Charters. I saw ‘Serene’ while i (sic) was vacationing in France last summer. Beautiful yacht! Who owns her?”
Bill C. Atlanta, GA
Thanks for asking, Bill. There’s an old saying, “I could tell you, but then I’d have to kill you!” LOL
All kidding aside, one of the alluring benefits of luxury yacht charters is the element of privacy. We carefully guard the identity of our charter clients and their guests – both for reasons of safety and discretion.
The same discipline applies to the owners of the yachts we offer for charter, as most prefer to remain anonymous.
That being said, certain details were recently released to the public, so now we CAN share that information with you:
In an article on October 15th, 2016, the New York Times ran a story entitled, “Rise of Saudi Prince Shatters Decades of Royal Tradition.” The story disclosed last year, Mohammed bin Salman, Saudi Arabia’s deputy crown prince, “…saw a yacht he couldn’t resist.”
That yacht is the 440 foot motor yacht SERENE…
The article reads,
“While vacationing in the south of France, Prince bin Salman spotted a 440-foot yacht floating off the coast. He dispatched an aide to buy the ship, the Serene, which was owned by Yuri Shefler, a Russian vodka tycoon. The deal was done within hours, at a price of approximately 500 million euros (roughly $550 million today), according to an associate of Mr. Shefler and a Saudi close to the royal family. The Russian moved off the yacht the same day.”
Built in 2011, Fincantieri yacht SERENE is the largest yacht ever launched in Italy and features more than 4,000 square meters of interior space spread across seven decks, plus two helipads and a hangar. At the time of her launch, she was the 9th largest yacht in the world and the largest yacht available for charter.
Each year, the newest yachts get bigger and bigger. As of mid-2016, the yacht had “dropped” to #13 on the list world’s largest yachts.
So there you have it, Bill – now you know the names of BOTH the former and current owner of superyacht SERENE!
See the world’s newest yachts for charter, offered by 1-800 Yacht Charters.
This entry was posted in News Frequently Asked Questions Educational and tagged yacht owners, motoryacht, who owns, privacy, confidentiality, Frequently Asked Questions, Serene, Ask The Pro's
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