Do as I say, not as I do
Published on December 1st, 2021
For any Optimist regatta, or Olympic class regatta, or pretty much any regatta where professional crew are present, dock space for coach boats is required. The proliferation of on-the-water support is not making the sport more affordable, but also not a big deal when you are the richest person in the world. In this report by Denison Yachting, they offer an update on how profits from online shopping are getting spent:
Amazon founder Jeff Bezos reportedly commissioned a 127-meter (417-foot) sailing yacht called Project Y721 with this new record-breaking yacht to make its official debut in 2022.
A black hull with classic exterior lines supports one of the longest yachts built in the Netherlands. Interior details of the project are still a secret, but the exterior will hold three masts and a bowsprit with plenty of deck space.
Project Y721 is set to be the largest sailing yacht in the world. The current holder of that title is a 109-meter Krupp Germaniawerft delivered in 1931.
Bezos’ new yacht is estimated to be upwards of $500 million making it among the most expensive boats in the world. Topping that list is 531-foot ECLIPSE, currently valued at $1.2 billion and the third largest yacht in the world. It’s owned by Russian businessman Roman Abramovich.
It’s not uncommon for the ultra-high net worth, like Bezos, to own a yacht. But the caveat to this new construction project is that, because of the sailing masts, his yacht can’t support a helipad. So he also commissioned a second support yacht that can accommodate a helicopter landing.
While motherships and their support vessels are not uncommon, the news about his superyacht needing a smaller yacht has gotten traction on the late night talk show circuit:
“The founder of Amazon is reportedly building a $500 million superyacht that is so big, it requires a support yacht to travel with it. This is like the billionaire version of having a second fridge in your garage.” – Jimmy Kimmel
“Truth is, Bezos didn’t really need the support yacht, but Amazon did one of these upsells where they go, ‘People who buy this, also buy this.’” – James Corden
“Today, we learned that Bezos will soon receive delivery of a $500 million megayacht. Don’t know exactly when it will be delivered, but we do know it will come in a much bigger box.” – Stephen Colbert
While Amazon has made a climate pledge to be net-zero carbon by 2040, and are on a path to power their operations with 100% renewable energy by 2025, someone should tell Bezos that a typical superyacht kept on permanent standby generates around 7,000 tonnes of CO2 a year.
The Guardian also reports that the richest 1% of the world’s people produce 15% of the world’s carbon emissions, so while his company may be committed to and invested in sustainability, his personal commitment is a bit less.