303-foot Nobiskrug motoryacht Tatoosh
Even billionaires have to deal with the realities of today’s brokerage market, and Microsoft co-founder Paul Allen is doing just that by pulling his $160 million megayacht from the listing services.
Tatoosh, a 303-foot Nobiskrug built in 2000, was listed for sale for nearly four years, starting with a $160 million asking price at Fraser Yachts Worldwide in 2010. It is one of the 40 largest private yachts in the world, able to accommodate 20 guests and 30 crew with features including a cinema, basketball court and two helipads. Most recently, Allen had Tatoosh docked in Sochi, Russia, for the winter Olympic Games.
Allen also owns the 414-foot Lürssen Octopus, which launched in 2003 and is one of the 15 largest yachts in the world today. It reportedly cost more than $200 million to build and has 60 crew on board. Allen brought it to London for the 2012 summer Olympic Games.
Forbes lists Allen’s total net worth at $15.9 billion as of March 2014. That should be enough to cover maintenance costs on both superyachts until the brokerage market fully recovers.