squadron 65 yacht

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65 SQUADRON Yacht for Sale

65 Squadron Fairline Yacht for Sale

65 Squadron Yacht for Sale - 66' Fairline

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  • Garmin 7608SXV
  • Garmin 7212
  • Furuno radar
  • Raytheon Autopilot
  • Raytheon Tridata gauges
  • Raytheon Sounder displays
  • (2) CAT Electronic displays
  • Sidepower bow thruster
  • Chain counter
  • Bennett trim tabs
  • Analog gauges
  • Chart holders
  • Refrigerator
  • (2) Helm seats
  • Electrical panel
  • Side exit door
  • Sidepower thruster
  • Stairs from the salon and aft deck
  • Davit/Crane to accommodate two toys on fly-bridge and swim platform
  • Kahlenberg Triple horn
  • Upgraded LED Lights throughout
  • (3) Lumishore underwater lights
  • Replaced 1 master volt battery 100AMP charger - 2015
  • Replaced Inverter Master volt battery - 2015
  • (2) 50 AMP shore power cords - New Glendenning cages - 2020
  • (2) Garmin 7212 units
  • (2) Garmin T608SVX GPS Units
  • New accessible breakers in crew quarters
  • Carpet - 2015
  • Head Liners - 2015
  • Sofas recovered - 2015
  • Flat screen TV - 2015
  • Homeage wine cooler - 2015
  • Bose surround sound
  • LED lighting
  • Retractable rear window
  • Air handler updated
  • Sea Tel SAT TV
  • Marantz tuner, Xbox & DVD player
  • Head liners - 2015
  • Granite counter tops - 2015
  • (2) Frigidaire convection microwave
  • (4) Burner hob stove-top
  • Retractable port & starboard windows
  • Garbage Disposal - 2018
  • Backsplash - 2015
  • Miele dishwasher
  • (2) Subzero refrigerator/freezer
  • Dinette seating for 8
  • Access to fly bridge
  • New Air handler

Master Stateroom

  • Upgraded Air handler
  • Upgraded Carpet
  • Upgraded LED Lighting
  • Upgraded upholstery
  • Ample storage
  • Large hanging locker
  • (4) Port hole windows w/ power shades
  • Audio/Entertainment system

Master Head

  • Full shower
  • Vacuflush head - Upgraded pumps
  • Upgraded sanitation hoses
  • Granite counter top
  • Teak floors
  • Port hole window w/ power shade

VIP Stateroom

  • Queen Berth
  • New air handler
  • Hanging locker
  • Upgraded carpet - 2015
  • Upgraded LED Lighting - 2015
  • Granite counter tops
  • Vacuflush toilet
  • Power shades
  • Upgraded headliner & walls - 2019

Port Guest Stateroom

  • (2) Single bunks
  • (2) Hanging lockers

Port Guest Head

  • Port hole windows
  • Teak holly flooring

Starboard Guest Stateroom

  • Single or double berth - folding couch
  • (2) Port hole windows
  • Upgraded carpet

Starboard Guest Head

  • Stainless Delta Anchor
  • Bow sunbathing cushions
  • Cup holders
  • Retractable Bimini top for sunpads
  • Entrance to forward crew quarters
  • Stowage lockers
  • Fender holders

Aft Cockpit

  • Upgraded Teak - 2019
  • Teak Table - High/Low
  • Camper cover
  • Recent cushions
  • Cockpit Fusion speakers
  • Fresh and raw water outlet
  • (2) Enclosed fender storage compartment
  • Custom Marquipt boarding ladder & swim platform ladder
  • Wave runner or dinghy chocks
  • Hot water shower

Engine Room

  • ONAN Generator, 2500 hours
  • 3412E CAT Engines
  • Upgraded exhaust hoses - 2015
  • Water maker HRO system new membrane
  • Seafire system
  • Custom dual racors in lazzerette
  • (2) Sure seal dripless shaft seals

Crew Quarters

  • Single or double berth

Forward crew

  • Single berth

squadron 65 yacht

S q u a d r o n   5 0   s p a n   c l a s s = ' s e p - m d a s h ' > & m d a s h ; / s p a n >   6 8   f t  

50 — 68 ft, f l y i n g   h i g h   o n   l i f e  .

With numerous layout options and expansive flybridges, a Squadron is designed for the adventure-seeking family. Signature design runs throughout, from sculpted exterior lines and luxurious interiors to spacious cockpits and cleverly designed features all around. Catch the morning sun on the submersible bathing platform, or make use of its hydraulic engineering to smoothly launch the tender. Sophisticated and elegant, a Squadron offers supreme comfort matched with contemporary style.

S p a c e ,   t i m e   a n d   a d v e n t u r e  

Sun-drenched by day, illuminated by night, the flybridge is central to the Squadron identity. Modern and spacious, with individually-conceived areas, it offers an elevated experience of life on the water. Foredeck seating, sumptuous cabins with full height ceilings and spacious en suites complete the package. Encapsulating the essence of open-plan living, a Squadron is built for family enjoyment.

F i n d   y o u r   i d e a l   S q u a d r o n  

Squadron 50, squadron 58, squadron 68, like to know more.

Complete the form below and we will pass your enquiry straight to a member of our authorised dealer network who will be in touch with you shortly.

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News & Events

18th April 2024

AUTHORIZED DEALERSHIP NOW IN SAN FRANCISCO

Fairline has announced MRN Yacht Sales as its partner in California.

5th February 2024

Miami line-up announced

Fairline has announced its line-up for Miami International Boat Show (14-18 February 2024) which includes the Squadron 68, Squadron 50, Targa 45 OPEN and the F//LINE 33.

7th December 2023

Two debuts at Boot Düsseldorf 2024

Fairline will unveil its highly anticipated all-new Targa 40 in a world debut at this year’s Boot Düsseldorf, 20 - 28 January 2024, supported by the European debut of the all-new Squadron 58.

17th November 2023

Designer of the Year

Fairline’s Christian Gott takes home Designer of the Year at the Boat Builder Awards 2023

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65′ Fairline 65 Squadron | 65' 2000 Fairline

yacht-main-image

Listed at $595,000

Interested in this yacht contact us.

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Available for Sale 65′ Fairline 65 Squadron 65' 2000 Fairline  

65' Fairline Squadron - Fresh water yacht until 2013 with 4 Staterooms plus two (2) separate crew rooms. Many updates including custom Open Galley with granite island, mahogany floors, dual Garmin 7212 units, sun pads, cushions, Bimini Top, sunscreens and covers, 7 Flat Screen TV's. Lumishore underwater LED Lights. Hull and Top Side painted. Giving her look and shine of a new vessel.

A high quality yacht to explore the Bahamas, the solid and proven 19 degree dead rise Deep V-Hull gives a smooth ride in rough seas and the propeller tunnels allow you to explore the shallow waters. So whether owner operated or professionally crewed the 6 air conditioned rooms and 4 heads allow for plenty of space.

New mahogany flooring

New AC units

New Teak on swim platform and aft cockpit in 2019

Specifications

squadron 65 yacht

  • Garmin 7608SXV
  • Garmin 7212
  • Furuno radar
  • Raytheon Autopilot
  • Raytheon Tridata gauges
  • Raytheon Sounder displays
  • (2) CAT Electronic displays
  • Sidepower bow thruster
  • Chain counter
  • Bennett trim tabs
  • Analog gauges
  • Chart holders
  • Refrigerator
  • (2) Helm seats
  • Electrical panel
  • Side exit door
  • Sidepower thruster
  • Stairs from the salon and aft deck
  • Davit/Crane to accommodate two toys on fly-bridge and swim platform
  • Kahlenberg Triple horn
  • Upgraded LED Lights throughout
  • (3) Lumishore underwater lights
  • Replaced 1 master volt battery 100AMP charger - 2015
  • Replaced Inverter Master volt battery - 2015
  • (2) 50 AMP shore power cords - New Glendenning cages - 2020
  • (2) Garmin 7212 units
  • (2) Garmin T608SVX GPS Units
  • New accessible breakers in crew quarters
  • Carpet - 2015
  • Head Liners - 2015
  • Sofas recovered - 2015
  • Flat screen TV - 2015
  • Homeage wine cooler - 2015
  • Bose surround sound
  • LED lighting
  • Retractable rear window
  • Air handler updated
  • Sea Tel SAT TV
  • Marantz tuner, Xbox & DVD player
  • Head liners - 2015
  • Granite counter tops - 2015
  • (2) Frigidaire convection microwave
  • (4) Burner hob stove-top
  • Retractable port & starboard windows
  • Garbage Disposal - 2018
  • Backsplash - 2015
  • Miele dishwasher
  • (2) Subzero refrigerator/freezer
  • Dinette seating for 8
  • Access to fly bridge
  • New Air handler

Master Stateroom

  • Upgraded Air handler
  • Upgraded Carpet
  • Upgraded LED Lighting
  • Upgraded upholstery
  • Ample storage
  • Large hanging locker
  • (4) Port hole windows w/ power shades
  • Audio/Entertainment system

Master Head

  • Full shower
  • Vacuflush head - Upgraded pumps
  • Upgraded sanitation hoses
  • Granite counter top
  • Teak floors
  • Port hole window w/ power shade

VIP Stateroom

  • Queen Berth
  • New air handler
  • Hanging locker
  • Upgraded carpet - 2015
  • Upgraded LED Lighting - 2015
  • Granite counter tops
  • Vacuflush toilet
  • Power shades
  • Upgraded headliner & walls - 2019

Port Guest Stateroom

  • (2) Single bunks
  • (2) Hanging lockers

Port Guest Head

  • Port hole windows
  • Teak holly flooring

Starboard Guest Stateroom

  • Single or double berth - folding couch
  • (2) Port hole windows
  • Upgraded carpet

Starboard Guest Head

  • Stainless Delta Anchor
  • Bow sunbathing cushions
  • Cup holders
  • Retractable Bimini top for sunpads
  • Entrance to forward crew quarters
  • Stowage lockers
  • Fender holders

Aft Cockpit

  • Upgraded Teak - 2019
  • Teak Table - High/Low
  • Camper cover
  • Recent cushions
  • Cockpit Fusion speakers
  • Fresh and raw water outlet
  • (2) Enclosed fender storage compartment
  • Custom Marquipt boarding ladder & swim platform ladder
  • Wave runner or dinghy chocks
  • Hot water shower

Engine Room

  • ONAN Generator, 2500 hours
  • 3412E CAT Engines
  • Upgraded exhaust hoses - 2015
  • Water maker HRO system new membrane
  • Seafire system
  • Custom dual racors in lazzerette
  • (2) Sure seal dripless shaft seals

Crew Quarters

  • Single or double berth

Forward crew

  • Single berth

The company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change or withdrawal without notice.

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Fairline 65 ft Squadron Motoryacht 1996 YX0100000225

Fairline 65 ft Squadron Motoryacht 1996 YX0100000225

Fairline Squadron 65

She is one of the few Squadron 65s of her vintage built to U.S. specs. She has been maintained by a full time captain since new. 4 stateroom, 3 head layout accommodates 8 owners and guests plus crew quarters accessed through a hatch in the cockpit seating area with a sinle berth and head, TV and climate control.

Contact us about this boat, to sell yours and save , or to buy one listed elsewhere and earn a YachtX Rewards rebate of up to 2% of purchase price. For a yacht like this, that's $10,000 at closing.

YachtX Inc. ("YachtX") provides vessel information in good faith but cannot and does not guarantee or warrant the accuracy of the third-party vessel information, the condition of vessel, nor any opinions posted on this web site. Buyer is advised to investigate or to advise buyer's surveyor or inspector to investigate any and all such items as the buyer requires to be verified. The vessel is offered for sale by the third-party owner of the vessel, subject to prior sale, withdrawal, or price or other changes without notice. YachtX expressly disclaims any liability for third-party information or opinions posted on this web site that arises under criminal or civil laws relating to defamation, intellectual property, infringement, privacy, obscenity, or any other area of law.

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65' Fairline Squadron 65 2013

$ 1,399,000

DRAMATIC PRICE REDUCTION!!!!  This incredible Fairline Squadron 65 is ready to go wherever you want to take her.  Her extensive option list includes:  

  • Tropical air conditioning w/22.5 kw generator
  • Anchoring upgrade package
  • B&O 40" TV cinema system
  • KVH M-7 Tracvision satellite TV antenna system
  • AV package to all cabins (TV, video iBoat dock)
  • AV package to crew cabin (TV, video iBoat dock)
  • Hydraulic bimini top (as Squadron 78)
  • Forward tonneau cover for bow cushions
  • Flybridge seat base covers
  • Flybridge table lighting upgrade
  • Central vacuum system
  • Cockpit cool box
  • Fresh water maker w/control panel in galley
  • Water filter to fresh water supply
  • Safe with digital keypad to master cabin
  • Washer/dryer to lobby
  • Glendinning Cablemaster, twin system
  • AIS fitted to  Garmin VHF radio
  • Two Garmin GC10 cameras fitted to Garmin displays
  • Loudhailer speaker
  • Four (4) Garmin GPSmap 5012 (12') screens (2 upper; 2 lower)
  • Teak side decks
  • Teak flybridge flooring
  • LCD fuel filler displays and fuel sight gauges
  • Oil change system
  • Electrically adjustable helm and co-pilot seats
  • Crew cabin fit-out
  • Blue exterior mood lighting
  • RGB mood lighting, accommodation level
  • RGB mood lighting, upper saloon/dinette
  • Underwater lights
  • Letter-box style passarelle
  • Side-boarding ladder
  • 3rd helm station- wander lead
  • Hydraulic bow and stern thrusters with proportional control
  • Interior fabric upgrades
  • Satin or Gloss Walnut interior wood veneer
  • Carpet upgrades to saloon and staterooms
  • Heirlooms bedding sets, all cabins
  • Aft door curtain
  • Skysol day/night shades to cabins
  • Exterior fabric upgrade

Specifications

  • Price USD: $ 1,399,000

Squadron 65

Norwalk, united states, power yacht.

  • LOA: 65 ft in
  • Display Length: 65 ft
  • Beam: 17' 2"
  • Water Capacity: 305 gals
  • Fuel Capacity: 936 gals
  • Engine Details: Caterpillar C18
  • Engine 1: 2013 940.00 HRS 1150.00 HP
  • Engine 2: 2013 940.00 HRS 1150.00 HP
  • Engine Fuel: Diesel
  • Days on Market: INQUIRE

+ Manufacturer Provided Description

Sumptuous furnishings and hand-worked cabinetry are hallmarks of the Squadron range. Nowhere is it more elegantly expressed than in the long, wide single-level interior - a testament to the 65’s ingenious flat floor design. Having such uncomplicated, single floor levels is normally reserved for much larger yachts, but our designers have achieved just that on this 65-footer. An elegant, beautifully proportioned Squadron awaits you.

The huge flybridge sums up the personality of this yacht. Spacious and easy to move around, yet packed with usable features. It has three distinct social areas: a forward cruising chaise longue and sun pad, aft facing sunbeds and a seating/dining area. A truly relaxing lounge area for family and friends to while away the day.

The free-flowing saloon area allows guests to interact more freely and with the galley positioned at the heart of the yacht there is every opportunity to socialise with all those around you. The master cabin enjoys a spacious, open-plan en suite and the forward cabin features a floating bed design - both have substantial wardrobe and storage space

The aft cabin has two unique personalities. You can specify it as a guest cabin with access via the cockpit, or as a crew cabin with its own private access through the transom. Furthermore, the hydraulic hi-lo bathing platform gradually introduces you to the water and is the perfect place to launch your tender.

+ Engine Notes

  Twin Caterpillar C18-1150 Shaft Diesel 1,150mhp each: 32 knots

Not all boats listed online are listed with United, but we can work on your behalf. For more information on this vessel or to schedule a showing, please contact a United Yacht Sales broker by calling our main headquarters at (772) 463-3131.

Interested In This Yacht?

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United is the largest professional yacht brokerage firm in the world with over 200 yacht brokers in our network. By listing your boat or yacht for sale with us, all of our team are immediately notified of your boat and begin working to match your yacht with a buyer. We have many examples where boats have sold through our network and our proprietary broker forum that keeps our team connected 24/7. With hundreds of closings every year, there is no better team than United to help with the listing and sale of your vessel. Find out what your current yacht is worth on today's market!

squadron 65 yacht

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The yacht MLS consists of thousands of available brokerage vessels from all over the world and in different conditions. Hiring an experienced yacht broker to help you find the perfect boat makes financial sense, as well as takes the stress out of the process. A United broker starts by listening to your needs, how you plan to use your boat, your potential boating locations, and your budget. We then go to work looking at all of the available yachts that fit your criteria, research their history, provide you with a clear picture of the market, and organizes the showings. We're with you every step of the way from survey to acceptance and our industry-leading support staff will make sure your closing goes smoothly.

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squadron 65 yacht

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Squadron 65 10 Pages

Squadron 65

Catalog excerpts

Squadron 65 - 1

Squadron 65 Standard Specification Principal Dimensions Hardtop Model Length overall (inc. pulpit): 66'11" (20.41m Length overall (exc. pulpit): 65'4" (19.92m) Beam (inc. gunwale): 17'2" (5.24m) Number of berths: 8 - 10 Draught: 4'6" (1.37m) unloaded Height above waterline (inc. arch & nav. light mast): 25'6" (7.81m) Height above waterline (inc. arch & nav. light mast): 22'7" (6.89m) Transport height: 18'6" (5.63m) Dry weight (approx.): 32.37 imp. tons / 36.25 US tons (32,890kg) Fuel capacity: 779 gallons / 936 US gallons (3,542 litres) Water capacity (inc. calorifier): 254 gallons / 305 US gallons (1,154 litres) Dry weight (approx.): 33.62 imp. tons / 37.65 US tons (34,160kg) Engines & Performance Twin Caterpillar C18-1015 shaft drive, diesel (1,015mhp each): 30 knots maximum Twin Caterpillar C18-1150 shaft drive, diesel (1,150mhp each): 32 knots maximum Type Approval: B Twin MAN V8 1200 shaft drive, diesel (1,200mhp each): 32 knots maximum Twin MAN V12 1400 shaft drive, diesel (1,400mhp each): 33 knots estimated maximum Max Capacity: 18 persons

Squadron 65 - 2

Squadron 65 Deck Plans Flybridge Main Deck Lower Deck 3 Cabin Lower Deck 4 Cabin

Squadron 65 - 3

^ FAIR LINE - YACHTS - Deck Flybridge & Second Helm Position Anchor Anchor chain locker Anchor winch controls Calibrated anchor chain Deck wash outlets External covers to windscreen Fender set Fender stowage Full set of IMCO navigation lights Hot & cold water transom shower Moulded non-slip deck surface Recessed self-draining area on foredeck for coach-roof cushions Coach-roof cushions for forward sundeck Riding light Rigid swim ladder to bathing platform 12V heavy duty weatherproof socket Adjustable/tilt steering wheel Adjustable bolstered helm seating Bilge pump switches with...

Squadron 65 - 4

^ FAIR LINE - YACHTS - Flybridge & Second Helm Position Continued Furniture covers High speed magnetic compass Instrument covers Large sunbathing area forward of helm position with non-absorbent foam-filled cushions MP3 connector with 100w amplifier Moulded non-slip deck surface Powered steering Radar arch/mast Remote anchor winch controls Remote control searchlight with controls at both helm stations Repeat autopilot controls Repeat flybridge engine instrumentation, controls & electronics Rudder position indicator Stainless steel handrails Storage unit housing waste bin Teak laid oversize...

Squadron 65 - 5

Squadron 65 Electrical Systems 230 - 240V 50Hz All 240V, 24V & 12V circuits (where applicable) protected by circuit breakers with main electrical load control panel Dimmer switches Fire shutdown system Heavy duty circuit breakers Isolating switches to all batteries Onan® 17.5 kW generator 12 Volt Voltage dropper from domestic batteries 24 Volt Batteries - 2 x heavy duty batteries exclusively for port engine starting Batteries - 2 x heavy duty batteries exclusively for starboard engine starting Batteries - 4 x heavy duty batteries wired in parallel supply for domestic services & port engine...

Squadron 65 - 6

Hullform & Construction Main Saloon All gel coat & glass fibre hand laid with unidirectional, biaxial & woven rovings Antifouling protection to hull Bow thruster Deep 'V' forward; 18° deadrise aft Design, layout & detailing by the Fairline Yachts Design Studio Fire extinguisher Full length moulded spray deflectors Holding tanks with electric pump Hull/deck join bolted & bonded Hydraulic hi/lo bathing platform for tender launching & recovery 32" TV with Harman Kardon® entertainment system & wireless connectivity Drinks cabinets complete with 6 'Squadron' engraved lead crystal tumblers First...

Squadron 65 - 7

^ FAIR LINE - YACHTS- Accommodation Master Stateroom Squadron 65 32" TV with Fusion® AV700 & wireless connectivity Double bed with interior sprung mattress Drawers under bed Feature windows with opening portholes Full-height standing headroom Full length mirror 220V/240V shaving point Avonite® vanity unit with locker & twin basins with hot & cold pressurised water Electric silent-flush freshwater toilet Extractor fan Feature windows with opening portholes Full set of bathroom fittings Full standing height shower with hinged door Forward Stateroom Bedside stowage Double bed with interior...

Squadron 65 - 8

Squadron 65 Port Guest Cabin Bedside stowage Drawers under bed Feature windows with opening porthole Full length berths x 2 with high-comfort interior sprung mattresses Full length mirror Full set of Heirlooms® fine bed linen including pillows & duvets Full length bunks x 2 with high-comfort interior sprung mattresses Full length mirror Full set of Heirlooms® fine bed linen including pillows & duvet Gold bullion venetian blinds Hanging locker with mirror LED ceiling lights Lockers (mid-level) Reading lights Wardrobe Guest Cabin En Suite 220V/240V shaving point Avonite® vanity unit with...

Squadron 65 - 9

^ FAIR LINE - YACHTS- Aft Crew Cabin Optional Engines & Sterngear Fuel System Freshwater System 220V/240V shaving point Access to en-suite bathroom Aft crew cabin access from cockpit with stairs Air conditioning Aluminium opening portholes with flyscreen Electric silent-flush freshwater toilet Fire extinguisher Full set of Heirlooms® fine bed linen including pillows & duvets Access through cockpit hatch Automatic bilge pumps for forward bilge, engine bay & rudder bay with manual 'on' override Automatic engine bay fire extinguisher system with warnings at both helms Bow thruster Dripless...

Squadron 65 - 10

Squadron 65 Appointed dealers are not agents of Fairline Yachts Ltd & are not authorised to commit Fairline Yachts Ltd by any express of implied undertaking or representation. Performance Figures: Power quoted in our literature for diesel inboard engines is crankshaft output. Performance Estimates: Performance estimates are given in good faith, but are in no way guaranteed for any particular model. Dirt on the bottom of the boat, damage to the propellers, engine tuning, external water & air temperatures & the weight of crew, fuel & water carried can all adversely affect performance. For...

All Fairline catalogs and brochures

F // LINE 33 OUTBOARD

11 Pages

SQUADRON 68

3 Pages

Squadron 50

10 Pages

SQUADRON 53

18 Pages

TARGA 65 GTO

19 Pages

TARGA 53 OPEN

16 Pages

TARGA 53 GT

15 Pages

F // LINE 33

12 Pages

Squadron 48

7 Pages

Targa 65 GT

9 Pages

TARGA 43 OPEN

8 Pages

Targa 48 OPEN 2018 Model Year Standard Specification

6 Pages

Targa 48 GT 2018 Model Year Standard Specification

25 Pages

Targa 63 GTO

20 Pages

Targa 48 GT

14 Pages

TARGA 50 GRAN TURISMO

13 Pages

T38

Archived catalogs

Squadron 50

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Jefferies ceo sells $65 million of shares to purchase yacht.

(Bloomberg) -- Jefferies Financial Group Inc. Chief Executive Officer Rich Handler sold $65 million of shares in his investment bank partly to buy a present for himself — a yacht.

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The CEO sold 1.5 million shares of Jefferies stock Wednesday at $43.50 each, according to a statement. It’s the first stock sale Handler has made in the 34 years he’s been at Jefferies, except for those used for tax purposes and charitable donations, the New York-based firm said. Proceeds from Wednesday’s sale are being used to buy a personal boat and pay tax obligations, Jefferies said.

“My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares,” Handler said in the statement. “I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full-service investment-banking firm.”

Handler owns about 19.25 million Jefferies shares after Wednesday’s transaction. The sale represents about 7% of his aggregate holdings, according to the statement.

Handler is buying the boat from billionaire restaurateur and casino magnate Tilman Fertitta, a Jefferies client, according to a person familiar with the matter who asked not to be identified discussing information that isn’t public. Fertitta, owner of the Houston Rockets basketball team and Golden Nugget casino empire, is a longtime friend of Handler’s.

It’s not the first time Handler and Fertitta have done business together: the two men formed blank-check companies including Landcadia Holdings Inc., which went public eight years ago, and Landcadia Holdings III Inc., another special purpose acquisition company that eventually merged with a hardware supplier and is now known as Hillman Solutions Corp.

Fertitta has credited Handler with building a “juggernaut” that can go toe-to-toe with more established rivals.

“When we’re sitting around at night and talking and I think Rich is getting too big for his britches just because he’s worth a billion dollars now, I pull out my financial statements and put him back in his place,” Fertitta said in a 2021 interview.

Read More: Wall Street’s Anti-CEO Rich Handler in His Own Unfiltered Words

(Updates with Fertitta comments in last two paragraphs. A previous version of this story corrected a misspelling of Handler in fourth paragraph.)

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©2024 Bloomberg L.P.

Jefferies CEO sold $65 million in stock to buy a yacht from a client

  • Jefferies CEO Rich Handler sold $65 million in company stock to buy a luxury yacht.
  • He's buying a Westport 164 from his friend and Jefferies client Tilman Fertitta.
  • Handler isn't planning any more stock sales, he said on Wednesday.

Insider Today

Jefferies CEO Rich Handler sold $65 million of his stock in the company to buy himself a gift — a luxury yacht.

Handler sold 1.5 million shares, or 7% of his holdings, to purchase a "personal boat and to pay tax obligations," the investment bank said in a Wednesday statement.

"My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares," Handler said in the statement. "I remain extremely bullish on Jefferies."

Related stories

The boat is a Westport 164 yacht and was purchased from Jefferies client and Handler's longtime friend Tilman Fertitta, the Financial Times reported .

Fertitta is the billionaire CEO of hospitality company Landry's and owns the Houston Rockets, an NBA team. The two men jointly own Lancadia Holdings, a blank-check company.

Handler, who has been with the bank since 1990, has received about 70% of his pay in the form of company shares, Jefferies said in the statement. He has previously sold shares only for tax purposes and charity, the bank said.

Jefferies did not immediately respond to Business Insider's request for comment.

Investors often view executives' stock sales as a signal about lack of company confidence, so any sales are carefully messaged.

In October, JPMorgan Chase CEO Jamie Dimon said he would sell 1 million of his 8.6 million shares, his first sale since becoming CEO in 2006. The filing announcing the planned sale said Dimon chose to sell the stocks "for financial diversification and tax-planning purposes" and that he "continues to believe the company's prospects are very strong." He sold the first of the sets of shares in February for $150 million and sold the remainder earlier this month , pocketing $183 million in total proceeds.

Watch: Truth Social just brought Trump a $4 billion windfall, but experts aren't sold

squadron 65 yacht

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squadron 65 yacht

Jefferies CEO Sells $65 Million of Shares to Purchase Yacht (1)

By Katherine Doherty

Katherine Doherty

Jefferies Financial Group Inc. Chief Executive Officer Rich Handler sold $65 million of shares in his investment bank partly to buy a present for himself — a yacht.

The CEO sold 1.5 million shares of Jefferies stock Wednesday at $43.50 each, according to a statement . It’s the first stock sale Handler has made in the 34 years he’s been at Jefferies, except for those used for tax purposes and charitable donations, the New York-based firm said. Proceeds from Wednesday’s sale are being used to buy a personal boat and pay tax obligations, Jefferies said.

“My sale of shares today ...

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squadron 65 yacht

S q u a d r o n   6 8  

I t   j u s t   s o   h a p p e n s ,   s o m e   y a c h t s   s i m p l y   m a k e   y o u   w a n t   t o   d o   m o r e  .

Racing out to new destinations is what the elegant Squadron 68 is designed for. Take in your surroundings from the elevated flybridge, with the breeze on your face and the horizon all around you. Dine with friends in the single-level saloon, served from the well-equipped galley. Lightness, space and a fluid design make time above or below deck both graceful and free-flowing. With no question, this is a yacht that will move you.

squadron 65 yacht

R e v i t a l i s e ,   r e f r e s h ,   r e n e w  

Spend all day on the expansive flybridge, with three individually-styled areas to suit your mood. From triple sun loungers to sumptuous dining to forward seating, the Squadron 68 adapts to whatever you want to do, whenever you want to do it. Whether resting at anchor or cruising offshore, adjust your environment to enhance your experience, just the way you like it.

B u i l t   f o r   t o m o r r o w ’ s   w o r l d  

With contemporary styling the Squadron 68 is effortlessly modern. Packed with the latest technologies, the highest quality of materials and made, by hand, in England. The new Squadron 68 pairs fashionable convenience with a considered layout ensuring family adventures beckon every time you approach its sheer, alluring beauty.

Advanced design, superior living

A generous layout with multiple entertaining areas and all conveniences provided, ensures you can relax and socialise with ease on board the Squadron 68.

Elevated views from the flybridge

Three beautifully defined areas on the large flybridge makes time spent together both enjoyable and effortless.

Contemporary vision

A modern specification with a glass-bridge helm reflects the stylish design of the entire yacht, above and below deck.

Motorboat & Yachting review

MBY deputy editor Jack Haines takes a test drive of the Fairline Squadron 68.

Watch the review by clicking here

BoatTEST.com review

Watch a detailed review of the Squadron 68 from Capt Steve Larivee.

“Fairline Yachts has always produced well-built boats, but the company has stepped up its game with the fit-and-finish.”

See what he’s talking about by clicking here.

AQUAHOLIC review

Join Nick Burnham of AQUAHOLIC on a very detailed tour of the Squadron 68 at Ocean Village, Southampton.

Watch the review

And watch Nick’s sea trial by clicking here

D e c k   p l a n s  

I n t e r i o r   d é c o r  .

A Fairline interior fulfils its purpose when you step on-board and say, “Ahhh.”

Creating a space that is truly comfortable requires more than reaching for a cosy pillow and blanket; it’s about tapping into sensibilities that speak to our deepest and most essential needs.

Our new interiors are defined by serene living spaces, as the focus of life on-board moves closer to the water. Earth tones, deep blue hues, natural weaves, and linen textures make way for an interior collection that is as gentle as the Mediterranean breeze.

One area effortlessly flows into the next using dynamic diagonal lines, leading your eye-line through the space. Oak wood floors, beautifully lacquered cabinetry, luxury natural fibre carpets and vertical slatted timber details harmonise and evoke a sense of calm. It’s the perfect setting for waterside living and entertaining.

P r i n c i p a l   d i m e n s i o n s  

E n g i n e s   &   p e r f o r m a n c e  .

Caterpillar C18-1150

Like to know more?

Complete the form below and we will pass your enquiry straight to a member of our authorised dealer network who will be in touch with you shortly.

By submitting the contact form, you are agreeing to sharing the data you have provided with your selected Fairline Yachts dealer. This information is not accessible to Fairline Yachts. The data will be kept in line with the General Data Protection Regulation (GDPR), effective 25th May 2018: Find out more

F i n d   y o u r   i d e a l   S q u a d r o n  

Squadron 50, squadron 68, news & events.

18th April 2024

Authorised Dealership now in San Francisco

Fairline has announced MRN Yacht Sales as its partner in California.

27th February 2024

Come and start your career with Fairline

Our Recruitment Open Day is set to take place on 2nd March. We're gearing up to fill positions at our Oundle manufacturing facility, promising exciting opportunities for job seekers in the marine industry.

5th February 2024

Miami line-up announced

Fairline has announced its line-up for Miami International Boat Show (14-18 February 2024) which includes the Squadron 68, Squadron 50, Targa 45 OPEN and the F//LINE 33.

25th January 2024

Squadron 58 wins at the Motorboat of the Year awards

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IMAGES

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VIDEO

  1. £900K Yacht Tour : 2015 Fairline Squadron 65

  2. FAIRLINE SQUADRON 65

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  2. Squadron

    Squadron50-68ft. Flyinghighonlife. See the range Find a dealer. With numerous layout options and expansive flybridges, a Squadron is designed for the adventure-seeking family. Signature design runs throughout, from sculpted exterior lines and luxurious interiors to spacious cockpits and cleverly designed features all around.

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  21. Jefferies CEO Sells $65 Million of Shares to Purchase Yacht

    JEF. (Bloomberg) — Jefferies Financial Group Inc. Chief Executive Officer Rich Handler sold $65 million of shares in his investment bank partly to buy a present for himself — a yacht. Most ...

  22. Jefferies CEO sold $65 million in stock to buy a yacht from a client

    Jefferies CEO Rich Handler sold $65 million of his stock in the company to buy himself a gift — a luxury yacht. Handler sold 1.5 million shares, or 7% of his holdings, to purchase a "personal ...

  23. Jefferies CEO Sells $65 Million of Shares to Purchase Yacht

    Listen. 1:46. Jefferies Financial Group Inc. Chief Executive Officer Rich Handler sold $65 million of shares in his investment bank partly to buy a present for himself — a yacht. The CEO sold 1. ...

  24. Farewell Squadron 65

    The 65-foot Squadron ends its 10-year production run to make way for a new large Squadron model, which is already under construction at our recently opened production facility in Hythe, Southampton. A total of 80 Squadron 65's have been built since the yacht's launch in 2009. David Tydeman, Executive Chairman at Fairline Yachts, comments ...

  25. Jefferies CEO Just Sold $65 Million of Company Stock. He's Buying a Yacht

    In this article. JEF. Rich Handler, the longtime CEO of Jefferies Financial Group, sold $65 million of company stock Wednesday to finance the purchase of a personal yacht that he called a "gift ...

  26. Jefferies CEO Sells $65 Million of Shares to Purchase Yacht (1)

    Jefferies CEO Sells $65 Million of Shares to Purchase Yacht (1) Jefferies Financial Group Inc. Chief Executive Officer Rich Handler sold $65 million of shares in his investment bank partly to buy a present for himself — a yacht. The CEO sold 1.5 million shares of Jefferies stock Wednesday at $43.50 each, according to a statement.

  27. Squadron 68

    Miami line-up announced. Fairline has announced its line-up for Miami International Boat Show (14-18 February 2024) which includes the Squadron 68, Squadron 50, Targa 45 OPEN and the F//LINE 33. 25th January 2024. Squadron 58 wins at the Motorboat of the Year awards. Our Yachts.