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Boat of the Week: Inside the Gorgeous 280-Foot Superyacht Jennifer Lopez and Ben Affleck Just Made Famous

The couple made global news after reuniting aboard this $130 million superyacht. a look inside their private retreat., howard walker, howard walker's most recent stories.

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Jennifer Lopez, Ben Affleck and the 280-foot superyacht "Valerie"

The tabloids have been on fire this week with revelations that superstar Jennifer Lopez has been celebrating her 52nd birthday in style, cruising the Mediterranean with on-again beau, actor Ben Affleck, aboard a stunning superyacht. J.Lo’s Instagram photos show the reunited Bennifer in top form.

The power couple has also been snapped hanging out in tony Saint-Tropez, enjoying retail therapy in Monaco and strolling the romantic island of Capri, all from their private getaway, the 280-foot Lürssen-built Valerie .

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Until now, little has been known about the 280-foot superyacht. But after 10 years of being the private retreat of a Ukrainian billionaire, Valerie is now on the market for about $130 million, or €110 million.

View this post on Instagram A post shared by Jennifer Lopez (@jlo)

Until a buyer is found, it’s available for rent through Monaco-based Dynamiq Sales & Charter–which is also handling the sale–at a whopping $1.12 million a week. J.Lo is believed to have been the first to have booked.

The superyacht’s sleek, timeless lines are from the drawing board of Norwegian naval starchitect Espen Øino. He’s responsible for such superyacht icons as the 426-foot Flying Fox , the late Paul Allen’s 413-foot Octopus , and soon to be the world’s largest superyacht, the 600-foot REV Ocean.

“ Valerie is still considered by many to be one of the most beautiful boats we have done with Lürssen,” Monaco-based Øino told Robb Report.

Jennifer Lopez and Ben Affleck Made This 280-foot Superyacht Valerie Famous

The upper pool gives a protected–and paparazzi-proof–area for guests to lounge.  Courtesy Dynamiq/YachtShot

With an impressive volume of 2,755 gross tonnes, the yacht has no shortage of interior space, with accommodations for 17 guests in nine cabins, including a truly hedonistic master suite. When Lopez and Affleck were aboard, they were pampered by Valerie’s crew of 27.

One of the multitude of design highlights of the yacht is its huge, private upper deck. Up top, there’s a 20-foot swimming pool, the inevitable hot tub, and a football field of lounge pads.

Steps away, protected from prying eyes and paparazzi lenses by towering sides, is a dining table for 10, complete with musical fountains that light up at night.

Jennifer Lopez and Ben Affleck Made This 280-foot Superyacht Valerie Famous

Art-deco styling defines Valerie ‘s interior.  Courtesy Dynamiq/YachtShot

For additional sunning and dipping, Valerie’s vast forward deck, with a touch-and-go helipad big enough to land a Eurocopter EC130 or Bell 407, has another pool and a semi-circle of sunpads. The deck can also double as a golf driving range.

The sumptuous interior is the work of London-based designers Pascale Reymond and Andrew Langton, of Reymond Langton Design. They specified 7.5-foot-high ceilings and walls of full-height windows to provide full-on sea views.

The living areas have a formal, Art Deco look and feel, which contrast with the more-relaxed outdoor spaces. The fine detailing inside includes soft leather wall panels—even the elevator is leather-lined—wood flooring incorporating an intricate inlay, and the pièce de résistance: real butterflies set into brass detailing.

Jennifer Lopez and Ben Affleck Made This 280-foot Superyacht Valerie Famous

Who needs a formal dining room inside when there’s a dining table for 14—with mirrored surface—in a protected area of the cockpit.  Courtesy Dynamiq/YachtShot

An equally jaw-dropping feature of the lounge is the floating Schimmel Pegasus grand piano, originally conceived by the eccentric German industrial designer Luigi Colani. The instrument costs around $100,000.

One other headline feature, especially for the fitness-focused Lopez, is Valerie’s wellness suite. It comes with a steam room and Hamman, and state-of-the-art Italian-made Technogym fitness equipment. After a hard workout, close by is a starlight-ceilinged massage room and beauty salon.

Instead of a stuffy formal dining room inside, the owner specified an alfresco dining area on the main deck just outside the salon. There’s seating for 14 around the inlaid, mirror-varnished oval table, with panoramic views over the aft deck.

Jennifer Lopez and Ben Affleck Made This 280-foot Superyacht Valerie Famous

The beach club, with stairs that lead into the water.   Courtesy Dynamiq/YachtShot

To make sure the yacht can sprint from Monaco to Capri in time for sunrise, the steel-hulled Valerie is powered by twin 2,700 hp MTU V-16 engines sitting in a cavernous, double-height engine room. They deliver a top speed of 20 mph, though cruising at a more relaxed 14 mph, she has an easy transatlantic range of 6,000 nautical miles.

With a major refit in 2019 that saw fresh, bright-white hull paint and a comprehensive systems overhaul, plus a 10-year Lloyds survey completed in May this year, Valerie is reckoned to be as good as new.

“This is a rare opportunity for someone to acquire one of the most impressive and impeccably maintained superyachts on the market, without waiting years for a new construction,” Maria Dobroserdova, Dynamiq Sales & Charter broker tells Robb Report .

Jennifer Lopez and Ben Affleck Made This 280-foot Superyacht Valerie Famous

A massage room in the yacht’s wellness center.  Courtesy Dynamiq/YachtShot

By the end of this week, maybe J.Lo and Ben might end-up loving the yacht so much they’ll write a check.

Check out more images of the beautiful Valerie below:

Jennifer Lopez and Ben Affleck Made This 280-foot Superyacht Valerie Famous

Courtesy Dynamiq/YachtShot

Jennifer Lopez and Ben Affleck Made This 280-foot Superyacht Valerie Famous

Courtesy Courtesy Dynamiq/YachtShot

Jennifer Lopez and Ben Affleck Made This 280-foot Superyacht Valerie Famous

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In the midst of unprecedented international sanctions targeting Russian oligarchs’ assets, Valerie was certainly a big fish due to its indirect connection to one of the most influential tycoons in Russia.

superyacht valerie owner

Spain joined the ranks of the countries that have seized superyachts with Russian ties after Prime Minister Pedro Sanchez publicly announced that authorities had “ temporarily immobilized ” the vessel of a known mogul, Business Insider reports. Although Sergei Chemezov wasn’t named, Valerie is registered to his stepdaughter, Anastasia Ignatova, and was sailing under the flag of Saint Vincent and the Grenadines.

superyacht valerie owner

According to Reuters, the yacht is going to remain detained until the Spanish authorities confirm its ownership. This would be a drastic sanction, but not the first one that Chemezov had to face. One of the wealthiest and most powerful men in Russia, he is not only a former KGB officer who worked closely with Vladimir Putin but also the CEO of Rostec, the giant state military-economic complex that oversees, among other things, the country’s production of military vehicles.

superyacht valerie owner

The Russian CEO was sanctioned in 2014 after Russia had annexed Crimea and again in 2020. This time, it seems that some members of his family are targeted as well, including his stepdaughter, who is the registered owner of Valerie, among numerous other assets, worth up to $400 million.

superyacht valerie owner

The 279-foot (85 meters) luxury vessel was built by Lurssen a decade ago, featuring an exquisite design by the famous Espen Oeino and Reymond Langton. There aren’t many details available about the secretive ship’s interior or amenities, but it’s known that it boasts a helipad, a 19.6-foot (6 meters) pool, and a state-of-the-art spa, in addition to impressive transatlantic cruising capabilities.

Despite his $153 million superyacht having been seized, Chemezov is confident in his and his country’s ability to get past these sanctions, according to media sources. As one of Putin’s closest allies, the millionaire most likely knew what he was about to face and was willing to do it. As for Spain, Valerie was its first big “ catch ,” but it warned that more will follow. 

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Spain has seized Russian oligarch’s $140m superyacht in Barcelona, PM says

Spanish prime minister Pedro Sánchez said ‘there will be more’ after the seizure as the west targets Russia over its invasion of Ukraine

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Spain has temporarily seized a Russian oligarch’s $140m (£108m) yacht in Barcelona, as two sources said the vessel belonged to the head of Russian state conglomerate Rostec, an ally of Russian president Vladimir Putin.

“Today we seized – the technical term is provisionally immobilised – a yacht belonging to one of the principal oligarchs,” Spanish prime minister Pedro Sánchez said on La Sexta television on Monday. “We are talking about a yacht that we estimate is worth $140m.”

“There will be more,” he added, without elaborating. Monitoring site Marine Traffic has said that yachts linked to two other oligarchs who are not yet sanctioned were also docked in Barcelona.

The 85-metre (279ft) superyacht Valerie belongs to Sergei Chemezov, a former KGB officer who heads state conglomerate Rostec, two sources told Reuters.

Sailing under the flag of Saint Vincent and the Grenadines, the vessel is registered to Chemezov’s stepdaughter, Anastasia Ignatova, through a the British Virgin Islands company, according to a 2021 article published in the Pandora Papers information leak.

The west has sanctioned Russian billionaires , frozen state assets and cut off much of the Russian corporate sector from the global economy since Russia’s invasion of Ukraine on 24 February.

Chemezov was sanctioned by the United States in 2014 and Britain in 2020 over Russia’s annexation of Crimea and was named in sanctions lists this month by the United States and Australia. The US sanctions also targeted Chemezov’s stepdaughter as well as his wife and son.

He was not named in the latest European list of sanctioned Russian figures but the EU imposed measures against him in 2014. A fourth package of EU sanctions against Russia is due to be unveiled in the coming days.

The yacht has been in Barcelona since 9 February, according to Marine Traffic, and was until Monday under repair at Barcelona’s shipyard MB92.

The yacht will remain under detention while Spanish authorities confirm its ownership and whether they feature on any list of sanctions targets, a government source said.

Chemezov told staff in a message shared with Reuters this week that Russia, which describes its actions in Ukraine as a “special military operation” to safeguard domestic security, would emerge “victorious” despite the sanctions.

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Motor yacht Valerie (ex project Firebird) launched – A Lürssen Werft Superyacht

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Written by Chelsea Smith

The 84m motor yacht Valerie has been launched at the Lürssen Werft yard in Rendsburg, Germany. Yacht Valerie was known under the project name Firebird (hull 13660). Superyacht Valerie is the first yacht to be launched by the Lürssen yard this year.

Motor yacht Valerie   is an impressive 84m (275 ft) in length, spans 4 decks and was built in steel and aluminium. The Lurssen  built superyacht was designed by the well-regarded yacht designer  Espen Oeino  of Monaco. Her interior design has been created by Reymond Langton Design  Limited of the United Kingdom. This is the same the team behind another successful Lürssen superyacht Kismet .

The Lurssen Valerie yacht (ex Firebird) is flagged in the Cayman Islands and she has twin Caterpillar diesel engines. Further yacht details, information, specifications, and images of the Lurssen M/Y Valerie are yet to be published. CharterWorld will update you with further information on this important launch as soon as further information becomes available.

Lurssen’s yacht Valerie is expected to be delivered to her owners this summer.

Yacht Valerie (ex project Firebird) built by Lurssen

Yacht Valerie (ex project Firebird) built by Lurssen

Contrary to the rendering of above, superyacht Valerie features a white hull and superstructure.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Motor yacht Valerie (ex project Firebird) launched – A Lürssen Werft Superyacht ".

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Charter fleet welcomes 85m Lurssen yacht VALERIE to its ranks

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By Nina Done   27 July 2021

Fresh from her impromptu charter playing host to Hollywood stars J Lo and Ben Affleck, the 85/279ft motor yacht VALERIE has marked her debut onto the charter market in spectacular fashion. She currently has an opening from 3-17 August for a luxury yacht charter around the Mediterranean, which given the current high demand is sure to be snapped up.

This impressive yacht's stunning Reymond Langton interiors with Art Deco-inspired touches showcase a luxurious yet modern feel. This is accentuated by the high ceilings and full-height windows that allow natural light to flood her interior spaces, creating a warm and inviting ambience to welcome guests as they step on board. 

Main salon onboard MY Valerie

She can easily accommodate 12 charter guests in her beautifully-styled suites, including an on-deck Master suite with private terrace and Jacuzzi, as well as 2 further VIP cabins. She also has an additional nursery and upper deck staff cabin, perfect for guests travelling with nannies or their security detail.

Master suite onboard MY Valerie

Onboard highlights include a vast top deck area, complete with a Jacuzzi, 6-metre swimming pool surrounded by an array of sumptuous sunpads, alfresco dining and shaded bar with TV screen, along with an exquisite musical fountain located a few steps down on her upper deck aft which can be illuminated at night for cosy gatherings. 

She also boasts a range of fabulous wellness facilities, including Hammam, massage, beauty salon and fully-equipped gym, as well as a comfortable waterside beach club with loungers and parasols, and convenient steps directly into the sea.

Spa area onboard MY Valerie

She also offers a range of luxurious travel options to ensure you arrive in true superyacht style, whether that's touching down on her commercially-certified helipad or being whisked over the waves in her fully-custom Limo tender, as you sip chilled champagne in the comfort of a luxurious sound-proofed interior cabin with state-of-the-art speakers.

Interested in booking a luxury yacht charter around the Mediterranean?

This region has played host to Hollywood glitterati for decades and it's clear to see why, from Michelin-starred restaurants, idyllic hilltop villages, lush secluded islands and miles of golden sand beaches, not to mention the centuries of history and culture that has shaped these destinations to create truly individual magical experiences for the senses wherever you go. 

Statue in Eze overlooking the Cote d'Azure, France

To find out more about chartering in the region, check out our in-depth Mediterranean yacht charter guide for more information.

If you’d like to learn more about chartering M/Y VALERIE, please contact your yacht charter broker .

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Valerie's Interior Revealed for the First Time Ever

By Anna Solomon

Enigmatic 85.10m superyacht Valerie has been shrouded in mystery since her announcement for sale earlier this year. In a brand new video from Central Agents IYC , however, the public are able to get a glimpse into the world of this luxury Top 100 superyacht. Even more excitingly, the iconic boat is rumoured to be on show in the flesh at this year’s Monaco Yacht Show.

Valerie represents the apex of the industry, featuring stunning exterior styling by Espen Øino and the uncompromising quality of build that Lurssen is famous for. Up until now, we could only assume that her interiors match the caliber of her silhouette; now, we can know for sure.

Often, the difference between a good yacht and a great one is in the details, and Valerie’s intricacies are exquisite, reports Sales Agent Richard Gray:  “Spending time onboard, you begin to realize the time, effort and detail that has gone into building such a timeless masterpiece. Both the interior and exterior are full of details that continue to surprise you.”

The newly released video shows a stunning art deco-inspired interior designed by Reymond Langton. However, it doesn't quite reveal the interior in all of its glory... Only snippets showing decadent details and complex textures are exposed in the minute-long piece, which makes this video just a teaser for the real thing: saved only for the eyes of those lucky enough to see her in person.

But what is known is that each of Valerie’s six decks tells its own unique story. 14 guests are accommodated across seven cabins with an additional nursery and staff cabin on the upper and lower decks, whilst a huge sundeck harbours a 20-foot swimming pool and hot tub. Elsewhere, a helicopter deck houses a commercially compliant aircraft, and a garage bursts at the seams with tenders and toys including a Royal Limo Tender and a Royal Beach Landing Tender. Finally, the beach club and swimming platform bridge the gap between this floating mansion and the ocean.

Helicopters and hammams aside, one of the most remarkable things about Valerie is the feeling of togetherness and family at its heart - difficult to achieve on a vessel of this size. IYC are considering all serious offers for this truly special yacht, which is newly located and available for inspection in Vilanova Grand Marina, and perhaps too, the Monco Yacht Show. Watch this space!

"Spending time onboard, you begin to realize the time, effort and detail that has gone into building such a timeless masterpiece." Richard Gray, Valerie Sales Agent

"Spending time onboard, you begin to realize the time, effort and detail that has gone into building such a timeless masterpiece."

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By SuperyachtNews 25 Oct 2022

Failed payments led to authorities moving frozen 85m superyacht

Meridian a, formerly known as valerie, was moved to a new location in barcelona for failing to make payments…….

Spanish authorities have moved the frozen 85m superyacht Meridian A from MB92 shipyard to Marina Vela after the vessel failed to make payments for repair work. For reasons unknown, the lürssen built superyacht has also changed its name from Valerie to Meridian A. The ultimate beneficial owner of the vessel is the sanctioned Sergey Chemezov, the CEO of Rostec, the largest tech and defence conglomerate in Russia.

The ship was technically frozen in March while it was still in Spain, however, it wasn’t moved until just over a month ago. Speaking to Reuters , a transport ministry source confirmed that payments for the ship's repairs at Barcelona's MB92 shipyard stopped soon after the freezing order. The source also revealed that MB92 asked authorities to relocate the ship so that its berth could be used.

Here’s a pic of MERIDIAN A (previously VALERIE) in Marina Vela in Barcelona. You can see on the side of the boat where the name VALERIE was taken off. #YachtWatch pic.twitter.com/tSVJ1eMzjU — Alex Finley "La Guetteuse de Yachts" (@alexzfinley) October 1, 2022

Sergey Chemezov has been on the US and EU sanctions list since 2014 after supporting Russia’s annexation of Crimea. However, the European Union's sanctions list has revealed that the yacht is technically owned by his stepdaughter, Anastasia Ignatova. Chemezov was also named in the Pandora Papers last year.

It is not yet entirely clear who is paying for the maintenance and operational costs of frozen vessels in Europe. Some news outlets are reporting that a little-known 2014 law allows the UBO to make payments for the essential upkeep of assets in Spain and France. The significance of the vessel's name change and failed payments remain a mystery and it has not been confirmed how the payments will be made for its new berth in the marina.

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Yacht Bible | The Superyacht and Luxury Yacht Directory

The Stunning Ritz Carlton EVRIMA Yacht

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VALERIE Yacht – Incredible €110M Superyacht

VALERIE yacht is an incredible 85m(278,9 ft) Superyacht currently for sale at €110,000,000. She was launched in 2011 by renowned shipbuilders Lürssen from their shipyard in Germany.

Her exterior design is from Espen Oeino and has an interior design from Reymond Langton Design.

She can accommodate 17 guests in nine cabins and 27 crew members. She was a landmark build for Lürssen at the time of her construction.

VALERIE yacht.jpg9

VALERIE yacht interior

The interior of VALERIE is detail orientated as if walking through a jewelry box, with something new to discover on every deck.

There is accommodation for 17 guests in nine cabins and 27 crew members across the six decks.

The designer, Reymond Langton Design in Bath, England, executed the yacht’s design to reflect an overall light and sunny feel with the use of walnut Macassar ebony, honey sycamore wood, and metal inlays.

image 36

There is a cozy room for massage and beauty treatments, an outdoor dining area with a lit-up fountain, and a panoramic gym with techno equipment.

The yacht’s interior reflects an excellent balance between the space for the owners, guests, and crew circulation. VALERIE also boasts a jacuzzi, a six-meter pool, and a multifunction sundeck.

VALERIE yacht Lurssen.jpg3

The VALERIE yacht’s flowing exterior design allows for discretion and privacy for the guests, hiding the technical areas and the impressive volume of the yacht.

She has been called one of the most beautiful boats built by Lürssen . She is contracted with a steel hull and an aluminum superstructure.

The steel hull is lit up with 39 underwater lights at night. The bow and mast of the yacht give her a powerful look and feel.

Espen Oeino is the impressive designer of the exterior that was a trendsetter at the time of its build with the glass side paneling.

image 37

Specifications

The VALERIE yacht is outfitted with two 2000kW MTU 16V4000 engines that provide a cruising speed of 12,5kn and a top speed of 17kn.

She can cover 6000nm and displaces 2755GT. She has a length of 85m(278,9 ft), a draft of 3.8m(12.5 ft). She has two Quantum fin stabilizers that provide the ultimate comfort while on the water for guests.

Her engine room is in the heart of the deck and occupies two levels. She follows a Lloyds LY2 specification. VALERIE is ranked at number 134 and is the 36th largest globally.

She carries several recreational toys, including 2 10m(32.8 ft) custom Royal Denship tenders, a limo, and other landing craft.

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Further €9M price drop on Lürssen motor yacht Valerie

The 85 metre Lürssen motor yacht Valerie , listed for sale by Maria Dobroserdova at Dynamiq Sales & Charter, has had a further price reduction of €9 million.

Built in steel and aluminium by German yard Lürssen to a design by Espen Oeino and Lloyds classed, Valerie was delivered in 2011 with her latest refit in 2019, and has had the same owner since new. Designer Reymond Langton has taken full advantage of her impressive volume of 2,755GT to create an expansive interior accommodating 17 guests in nine cabins, with an additional guest-finished cabin for staff on the upper deck.

Guest cabins consist of a master suite forward on the main deck, two VIP suites on the upper deck and three doubles on the main deck. All guest cabins come with entertainment centres, television screens and en suite bathroom facilities while the crew quarters sleep 22 staff aboard this yacht for sale .

An elevator serves all decks, with additional waterline guest boarding access on the portside. Additional features include a commercially compliant helicopter deck, vast sundeck with a six metre pool and Jacuzzi spa tub, exquisite spa facilities, beauty salon and fully equipped gymnasium. 

Twin MTU 16V 4000 engines give her a top speed of 17 knots, a cruising speed of 12.5 knots and a transatlantic range of 6,000 nautical miles.

Valerie is now asking €101,000,000.

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Billionaire fights to dock his boat on water behind his house. His 164-foot boat, that is.

The love of the water, and a mega-yacht to enjoy it, is putting one resident at odds with village of north palm beach leaders..

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For some people, the ultimate Florida lifestyle is a waterfront house , a private dock and a boat parked next to it. But what if that boat is a mega-yacht , and the mega-yacht stretches 164 feet?

That's the conundrum facing the Village of North Palm Beach.

This tiny community in northern Palm Beach County, with only 13,000 full-time residents, has an identity so tied to the water that a ship's steering wheel is the village's emblem.

But it's that love of the water that is putting one resident at odds with village leaders.

For the past several years, homeowner Michael Bozutto has been battling the village for the right to park his 164-foot Westport, dubbed Honey, behind a home he owns at 932 Shore Drive.

The house, built in 1961, is a one-story, ranch-style property with three bedrooms on a half-acre lot. Bozzuto paid $840,247 for the house in 2014, according to Palm Beach County property records.

Lawsuit rooted in dispute over where to dock mega-yacht

What makes this plain house special is its location. It's on a rare corner bordered on the north and east by navigable waters that provide access to the Atlantic Ocean via the Lake Worth Inlet. The east-facing dock is large enough to accommodate Bozzuto's motor yacht.

Since Bozutto bought Honey for an undisclosed sum a decade ago, he mostly has parked it at the Old Port Cove Marina, near Tiger Woods' 155-foot showy mega-yacht, ironically dubbed Privacy.

More recently, Bozzuto has wanted to park Honey alongside his Shore Drive house, one of four houses he owns in the village. While Bozzuto keeps some personal property at the Shore Drive house, he lives at a house he owns at Harbour Isles Court.

Village officials warned Bozzuto he can't park Honey at 932 Shore Drive because boats can only be parked on docks behind houses that are occupied by the homeowner.

But village rules do not define the word "occupied." For instance, the rules do not state that occupied means the house is a residence where the owner lives. Village rules also contain no restrictions on the size of boats that can be kept at private docks.

After years of pushing back against what he believes are fuzzy rules, Bozzuto in March filed a lawsuit against the village.

More: Cannonsport Marina sells for $58.5 million in big deal for tiny Palm Beach Shores

He alleged the municipality is illegally depriving him of his property rights because nothing in the village code prevents him from mooring Honey at his house. He is asking a Palm Beach County Circuit Court judge to rule that he has a constitutional right to dock Honey there.

Gregory Coleman, Bozzuto's West Palm Beach attorney, said the village has plenty of waterfront homes with yachts parked behind them. But Coleman said the village is illegally blocking Bozzuto from docking Honey at his house because the village is bending to pressure from a handful of neighbors who think the boat is too big.

The selective enforcement is wrong, said Coleman, a former president of the Florida Bar.

"He's a very under-the-radar guy who doesn't cause anybody any problems," Coleman said of Bozzuto. "He pays his property taxes, and he wants to be left alone by the village of North Palm Beach. Unfortunately, they are singling Mike out."

Neither Leonard Rubin, the village's longtime attorney, nor Village Manager Chuck Huff responded to requests for comment.

Eric Stettin, a Fort Lauderdale-based attorney who is representing the village in the Bozzuto lawsuit, said he could not comment on pending litigation.

What good is a man's castle if he can't have a boat in his moat?

Coleman's lawsuit describes the conflict as a battle over property rights, but real estate and yachting experts say it's also a sign of the times.

As wealthy new residents pour into the county wanting all the perks of the Sunshine State, they want a boat to go along with their waterfront homes and golf club memberships. Some longtime residents fear Palm Beach County is turning into a playground for billionaires, to the detriment of everyday people who also want to live in sunshine and peace.

This conflict between Old Florida and new money is an ever-present tension, but even seasoned yacht brokers say they've never seen interest in luxury yachts quite as strong as it is now.

More: Illegal boat slips are popping near Palm Beach Gardens. Residents want regulators to act

"What we've seen in the marketplace right after COVID in the yachting industry, and especially the superyacht segment, is the most incredible growth ever seen in the history of yachting to date," said Shannon McCoy, a luxury yacht advisor and broker with Worth Avenue Yachts in Palm Beach.

"A lot of people are moving here with serious money," added Pascal Savoy, U.S. managing director of Camper & Nicholsons International yacht brokers in Fort Lauderdale.

While in the past Palm Beach County was not considered lively enough for some buyers, Savoy said the county's growing sophistication is putting it on the map in a way never seen before.

"It's a mini-Monaco for us," Savoy said.

Prices for mega-yachts can range from $18 million to $60 million, or many times that, for the largest and most decked-out mega-yachts, Savoy said.

While some yachts can be glitzy, a 164-foot Westport is considered a more low-profile boat, Savoy added.

Michael Bozzuto's interests: Houses, boats and philanthropy

Bozzuto is no newcomer to North Palm Beach. He's been a resident of the village for 20 years.

He is the billionaire owner of a family-owned supermarket wholesaler in Connecticut, and an investor and philanthropist who likes to collect houses and yachts, Coleman said.

In addition to the four North Palm Beach houses and several yachts he owns, Bozzuto in February paid a whopping $31.1 million for a house in the Town of Palm Beach Shores. The house, which has two docks, sits just north of the Palm Beach/Lake Worth Inlet.

Twin City Mall: North Palm clears way for redevelopment, taller buildings at landmark site

Coleman said there is plenty of room for other boaters to navigate the waterway when Honey is parked at the Shore Drive house in North Palm Beach. And while other people may not have as large a yacht, there are other sizeable yachts parked on docks behind other North Palm Beach homes, too, he added.

At a 2017 village council meeting, then-Mayor Darryl Aubrey commented on the issue, according to the complaint.

"When I didn't live here full time, I had a boat sitting in my dock, I was gone nine months of the year. I don't see how you can say that someone has to be in a residence year-round, seems to be some interpretation of occupant, there would be an enormous number of violations," Aubrey said.

Another member of the village council asked if the village had a definition now, the complaint said.

Rubin, the village attorney, replied: "No, we don't," according to the lawsuit.

Show me the money? Here it is: West Palm and Palm Beach rank in top 5 as cities with fastest growth in millionaires

Palm Beach County's waterways run deep, and they are popular

The yacht docking dispute is particularly timely, given the scarcity of dock space for boats of all sizes.

The most convenient place to park a boat is on the water behind a house, brokers say. But not every waterway or channel can accommodate the draft, or depth, of a mega-yacht.

However, the dock behind Bozzuto's Shore Drive house can.

Not only is the Westport not known for its deep hulls, but the waterway also is typical of northern Palm Beach County, which boasts deep water and easy access to the ocean via the Lake Worth Inlet, said Coleman, a lifelong boater.

"In Palm Beach County, they have deeper water, and it allows people to have larger yachts," Savoy agreed.

But not every waterway is deep enough for every boat.

McCoy said she specializes in helping advise potential yacht owners about the county's varied water depths before they buy a house, if they plan to dock their yacht behind it.

If yacht owners don't have a private dock, the other option is a marina. But marina space is hard to find, with many dock berths reserved for months in advance, McCoy said.

Despite the challenges of owning a boat and finding a place to dock it, yacht brokers say demand continues.

They see interest continuing from business executives moving here with their families as they relocate their companies to Palm Beach County. There's also a growing demand for yachts among female buyers, McCoy added.

They also see younger mega-yacht buyers, some even in their early 30s. This is in sharp contrast to the mostly older buyers in the past, Savoy said.

Palm Beach County may not be as go-go as Miami-Dade County when it comes to showy ships, but if interest continues, "it's coming," Savoy said. "You're going to attract bigger yachts."

Put another way: "No one needs a boat, but everyone needs a boat," McCoy said. "It's the ultimate lifestyle."

Alexandra Clough is a business writer and columnist at  The Palm Beach Post . You can reach her at  [email protected] . Twitter:  @acloughpbp .  Help support our journalism. Subscribe today.

The unspoken rules about how to behave on a superyacht

  • The superyachting world is very small, with only 5,800 yachts longer than 30 meters at sea.
  • That insularity has bred a specific etiquette, which is often hard for outsiders to know about.
  • These are the de facto rules of the most expensive billionaire toys, superyachts .

Insider Today

For the owners of superyachts , privacy is often the most valuable thing money can buy. It's one reason centimillionaires and billionaires pay eight or nine figures for a palace at sea, far from the prying eyes of land dwellers.

Even the most gossipy crew members should stay tight-lipped about the name of a former owner or charter guest, and many brokers shy away from answering benign questions.

That means that, aside from basic safety guidelines, most of the rules of superyachting are unwritten. The very few who need to know them — there are only about 5,800 yachts longer than 30 meters at sea, according to SuperYacht Times — already know them.

But if you do happen to be a lucky guest at a party on a billionaire's $500 million ship or find yourself included in a $1 million-a-week vacation, there are a few things you need to know.

After four days of touring superyachts that sell for as much as $75 million and chatting with the people who buy, sell, and work on them at the Palm Beach International Boat Show , Business Insider gleaned a few key edicts. Given the discreet nature of the industry, almost all the people we spoke with requested anonymity to protect their working relationships, but here's what they had to say.

Take off your shoes

While it's a basic rule for anyone in boating, it may come as a surprise to an outsider that no matter how rich you are or how expensive your heels are, in the vast majority of cases, you can't wear shoes on board.

It's partly for safety — you don't want anyone slipping on a wet deck — but partly to keep the yacht clean. So expect to see barefoot billionaires, and if you forgot to get a pedicure, bring a set of special boat shoes.

Don't make any assumptions about money — but know the signs

In the superyacht world, it's safe to assume almost everyone you meet is very, very rich, and many brokers and builders say you can't judge a book by its cover when it comes to prospective clients.

"It has nothing to do with how they're dressed," one broker told BI. "It's the biggest mistake you can make because a complete slobby-looking guy or couple could be a multibillionaire."

There are, however, a few clues. Watches are one; new footwear is another.

"Rich people always have new shoes," a superyacht expert said. But because of the shoe rule mentioned above, this tip probably applies only when they're on land.

Book your massage early

Wellness areas, including spa rooms with a massage bed or two and a professional-grade facial machine, are becoming must-haves on superyachts . Most have a customized spa menu and a crew member who doubles as a trained masseuse or beautician — and they're usually in high demand.

One captain said he'd implemented a booking system to ensure people weren't fighting for the same spots. A broker said sometimes masseuses would be so busy they wouldn't leave the small spa cabin for hours on end.

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So if you want to make the most of your relaxing time on board, reserve your pampering slot as soon as you get your welcome cocktail.

Pirates are more real than you'd think, and many superyachts have hidden safe rooms

While you might dress up as a fake pirate for an onboard theme party, there are very real ones — and other dangers — on the high seas.

In certain areas, including parts of the Indian Ocean and the Gulf of Aden, pirates are a cause of concern . In the Red Sea, owners are concerned about the Houthis .

Superyachts can come equipped with sonic weaponry, lockdown systems, and anti-drone protection. Builders are even designing safe rooms — which are apparently just as plush as the rest of the ship.

The longer the boat, the closer to $1 billion

While you can't judge a buyer based on appearances, you can judge them on the length of their boat.

One rule of thumb: If someone has a brand-new 50-meter vessel, chances are they have $1 billion to their name. If it's over 100 meters, expect the owner to have at least $2 billion. And for a boat bigger than that — like Jeff Bezos' 127-meter megayacht Koru — it takes many, many billions.

Money can't buy you everything

The world's biggest, most expensive yachts are custom-built by shipyards that produce only a handful of boats a year.

But no matter how many tens of millions of dollars clients are spending, there are things to which builders will refuse to say yes.

"In the end, the boat has our name," an executive from one of the world's biggest shipyards told BI.

They recalled a client who requested a yellow hull to match his Lamborghini . The shipyard declined, steering the client in another direction.

"If I don't like it, I don't build it. I finalize two or three contracts a year," another builder said. "If somebody can say your vessel is ugly, my reputation is bad."

Yacht crews are trained to make the impossible possible. A guest requests fresh caviar flown into the middle of the Caribbean? No problem. Fresh flowers every day while at sea? It'll cost you, but it can be done.

But they can't time travel, and captains and crew members say the thing that causes the most friction is when a client or owner wants to go from point A to point B — right now.

"The hardest request is when they want the boat in a place — yesterday," one captain said.

The best person to know? A friend with a superyacht

Superyachts are expensive to build and expensive to maintain . According to the industry standard, owning a superyacht will cost 10% of its new-build price annually. For a $100 million yacht, that's at least $10 million yearly going to crew, regular maintenance, insurance, fuel, and dockage.

Chartering, too, is costly . Beyond the list price, which can be hundreds of thousands a week, guests must pay for provisions, which are pegged at 35% of the charter fee, and are expected to tip between 10% and 20%.

So the most important unspoken rule of superyachting is actually that the only thing better than owning a superyacht is knowing someone else who does — and invites you along, of course.

Watch: Why it costs $1 million a day to run one of the world's biggest cruise ships

superyacht valerie owner

  • Main content

IMAGES

  1. Seized $140M Valerie Superyacht Remains One of the Most Beautiful

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  2. The 85m superyacht Valerie at anchor in Greece

    superyacht valerie owner

  3. $100,000,000 SUPERYACHT VALERIE (Linked to Billionaire Russian Sergey

    superyacht valerie owner

  4. Seized $140M Valerie Superyacht Remains One of the Most Beautiful

    superyacht valerie owner

  5. Yachting Channel / $100,000,000 SUPERYACHT VALERIE (Linked to

    superyacht valerie owner

  6. Inside VALERIE Yacht • Lurssen • 2011 • Value $140M • Owner Rinat

    superyacht valerie owner

COMMENTS

  1. RINAT AKHMETOV • Net Worth $5 Billion • House • Yacht

    We were told that he is the owner of the Lurssen yacht Valerie. But a representative of Mr. Akhmetov denied his involvement in the yacht. Valerie has a length of 85 meters (279ft). She has a draft of 3.8 meters and realizes a cruising speed of 14 knots. She is powered by two MTU engines. Her top speed is 17 knots. Her range is 6,000nm.

  2. Inside Lürssen's 85m superyacht Valerie

    BOAT International lifts the lid on board the 85m Lürssen superyacht Valerie, famously chartered by Jennifer Lopez and Ben Affleck.. When she was delivered in 2011, the 85.1 metre Valerie was one the four largest yachts built that year. And yet in spite of her size, very little was known of the new Lürssen, formerly known as project Firebird, other than the name of her exterior designer ...

  3. VALERIE Yacht • Sergey Chemezov €110M Superyacht

    The yacht Valerie was built by Lurssen as project Firebird and delivered to her owner in 2011.The Valerie boat is designed by Espen Oeino. Specifications. Valerie has a length of 85 meters (279ft). She has a draft of 3.8 meters and realizes a cruising speed of 14 knots. She is powered by two MTU engines.Her top speed is 17 knots.

  4. Meet "Valerie," the 280-Foot Superyacht 'Bennifer' Just Made Famous

    To make sure the yacht can sprint from Monaco to Capri in time for sunrise, the steel-hulled Valerie is powered by twin 2,700 hp MTU V-16 engines sitting in a cavernous, double-height engine room ...

  5. Spain Seizes $153M Yacht of Russian Oligarch, Former KGB Spy

    The 279-foot super-yacht Valerie is linked to Sergei Chemezov, CEO of Russian state-owned defense conglomerate Rostec and a close ally of Putin. ... Sanchez didn't name the owner of the yacht ...

  6. Former KGB spy's $153M secretive superyacht Valerie seized

    This time, it seems that some members of his family are targeted as well, including his stepdaughter, who is the registered owner of Valerie, among numerous other assets, worth up to $400 million. The 279-foot (85 meters) luxury vessel was built by Lurssen a decade ago, featuring an exquisite design by the famous Espen Oeino and Reymond Langton.

  7. VALERIE Yacht • Lurssen • 2011 • Owner Sergey Chemezov

    A pretty photo collage of the Lurssen yacht Valerie.For long we linked her to Rinat Akhmetov, but this seems incorrect.She is owned by a Russian billionaire....

  8. Spain has seized Russian oligarch's $140m superyacht in Barcelona, PM

    Superyacht Valerie is estimated to be worth $140m and has been docked at Barcelona Port. It is believed to belongs to Russian oligarch and Putin ally Sergei Chemezov. Photograph: Albert Gea/Reuters

  9. 85.1m Valerie Superyacht

    Owner's Search Historic Search Charter Yachts Brokerage Yachts prev. next. Previous. Next. 1; 2; 2 images Fleet Search Length 85.1m Year 2011. Valerie. 2011 | Motor Yacht. M/Y Valerie is a custom-built super yacht launched by Lurssen shipyard in 2011, and most recently refit in 2019.

  10. Motor yacht Valerie (ex project Firebird) launched

    The 84m motor yacht Valerie has been launched at the Lürssen Werft yard in Rendsburg, Germany. Yacht Valerie was known under the project name Firebird (hull 13660). Superyacht Valerie is the first yacht to be launched by the Lürssen yard this year. ... the property of their respective owners. Use of these materials does not imply endorsement ...

  11. Charter fleet welcomes 85m Lurssen yacht VALERIE to its ranks

    Meridian A 85m Lurssen 2011 from €950,000 per week + expenses. Mediterranean. Greece. Italy. Spain. The Balearics. Croatia. Yacht Charter. Fresh from her impromptu charter playing host to Hollywood stars J Lo and Ben Affleck, the 85/279ft motor yacht VALERIE has marked her debut onto the charter market in spectacular fashion.

  12. Valerie's Interior Revealed for the First Time Ever

    Enigmatic 85.10m superyacht Valerie has been shrouded in mystery since her announcement for sale earlier this year. In a brand new video from Central Agents IYC, however, the public are able to get a glimpse into the world of this luxury Top 100 superyacht.Even more excitingly, the iconic boat is rumoured to be on show in the flesh at this year's Monaco Yacht Show.

  13. Failed payments led to authorities moving frozen 85m superyacht

    Spanish authorities have moved the frozen 85m superyacht Meridian A from MB92 shipyard to Marina Vela after the vessel failed to make payments for repair work. For reasons unknown, the lürssen built superyacht has also changed its name from Valerie to Meridian A. The ultimate beneficial owner of the vessel is the sanctioned Sergey Chemezov ...

  14. VALERIE Yacht

    VALERIE yacht is an incredible 85m(278,9 ft) Superyacht currently for sale at €110,000,000. She was launched in 2011 by renowned shipbuilders Lürssen from their shipyard in Germany. ... The yacht's interior reflects an excellent balance between the space for the owners, guests, and crew circulation. VALERIE also boasts a jacuzzi, a six ...

  15. Further €9M price drop on Lürssen motor yacht Valerie

    The 85 metre Lürssen motor yacht Valerie, listed for sale by Maria Dobroserdova at Dynamiq Sales & Charter, has had a further price reduction of €9 million.. Built in steel and aluminium by German yard Lürssen to a design by Espen Oeino and Lloyds classed, Valerie was delivered in 2011 with her latest refit in 2019, and has had the same owner since new.

  16. Exclusive Video Shows The Interior Of The Secretive Superyacht Valerie

    280-foot-long superyacht Valerie from the air. IYC. I can also report that Valerie accommodates 14 guests in seven well-appointed cabins, with an additional nursery and staff cabin on the upper ...

  17. Yacht Valerie • Lurssen • 2011 • Location

    What began as a pastime for yacht spotting has evolved into a leading online destination for yachting enthusiasts, with thousands of visitors engaging with our content every day. Launched in 2009, SuperYachtFan transitioned from a gallery of yacht imagery to a pivotal resource, culminating in the Super Yacht Owners Register —a meticulously ...

  18. 85m motor yacht Valerie on the market

    Following her refit last year, the 85.1-metre yacht Valerie is now on the market. The German-built motor yacht Valerie, for sale and awaiting a new owner, was built by Lürssen in 2011 to Lloyd's Register + 100 A1 classification. Photo: Giovanni Romero Valerie is in good condition since having only been used privately since her delivery and her previous owner's investment in annual ...

  19. Mega-yacht owner fights to dock boat behind North Palm Beach home

    For the past several years, homeowner Michael Bozutto has been battling the village for the right to park his 164-foot Westport, dubbed Honey, behind a home he owns at 932 Shore Drive. The house ...

  20. Sergey Galitsky

    Sergey Galitsky. Sergey Nikolayevich Galitsky ( Russian: Серге́й Николаевич Га́лицкий; born Sergey Nikolayevich Arutyunyan) [1] [2] is a Russian billionaire businessman, the founder and co-owner of Magnit, Russia's largest retailer, and president of FC Krasnodar. [3] In 2021 Forbes Russia estimated his fortune at ...

  21. VALERIE SUBBOTIN • Net Worth $100 Million • House • Yacht

    He is the owner of the Heesen yacht GALVAS.. The GALVAS yacht, built in 2019, is a luxurious creation of Heesen Yachts, boasting an intricate design by H2 Yacht Design.. Powered by robust MTU engines, the yacht cruises comfortably at 12 knots with a maximum speed of 16 knots, offering a range exceeding 3000 nautical miles. The yacht's luxurious interior accommodates 12 guests, and a crew of ...

  22. Danzante Bay Emerges as the Biggest Superyacht Built in Canada

    That's a long time to wait, but it was probably worth it, at least for having become the proud owner of the largest motor yacht built in Canada. At 164 feet (50 meters), Danzante Bay crosses into ...

  23. Superyacht Etiquette: How to Behave on a Yacht

    Superyachts are expensive to build and expensive to maintain. According to the industry standard, owning a superyacht will cost 10% of its new-build price annually. For a $100 million yacht, that ...

  24. SERGEY GALITSKY • Net Worth $3.5 Billion • House • Yacht

    He is the owner of the Lurssen yacht Quantum Blue.. The Quantum Blue yacht is a true masterpiece of yacht design, built by Lurssen Yachts and delivered to her owner in 2014. Measuring 104 meters (341 ft) in length, the Quantum Blue boat was designed by the renowned Tim Heywood Design.With an interior design by Alberto Pinto Design. The motor yacht is powered by two powerful MTU marine engines

  25. Yacht Owners Register • 2024 • Yachts & Owners

    Lachlan and Sarah Murdoch are the owners of the sailing yacht Sarissa. Sarissa was built by Vitters and delivered to her owners in 2011. Lachlan is the son of media tycoon Rupert Murdoch. Murdoch is the owner of the media conglomerate News Corporation. Sassy - motor yacht - 30.8m (101ft) - Hargrave Yachts - 2014.