March
2010
Tuesday, August 11, 2009
The Sunday Times

£60m floats Tom Perkins’ 289ft boat

After a year becalmed, the owner of the world’s biggest sailing yacht has at last sold it. It required some trimming of the price, but a buyer has finally been found for the largest and most expensive private sailing vessel built.

Tom Perkins, 75, is one of the technology pioneers credited with founding Silicon Valley and his venture capital firm helped finance the set-up of Google. He is a non-executive director of News Corporation, ultimate owner of The Sunday Times.

The 289ft boat — an elegant “hybrid” that can run on giant sails or engines — is believed to have fetched about £60m after being on the market for more than a year. The yacht, named after the Dashiell Hammett crime novel and its Humphrey Bogart film version, has three carbon-fibre masts carrying 15 sails. Its appearance is based on a traditional, square-rigged sailing ship.

Despite the recession, demand for superyachts remains. According to The Yacht Report magazine, there are now nearly 3,500 superyachts around the world and by the end of the year there will be 4,162.

Posted by Editor on 08/11/09 at 04:19 PM •  (0) Comments

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