Former Google CEO Eric Schmidt won an auction in Antigua to buy the forfeited Alfa Nero Superyacht for $67.6 million, as first reported by Bloomberg.
Alfa Nero is built by the same shipbuilder, Oceanco, that built the Koru, the tallest sailing yacht in the world that Lauren Sanchez and Jeff Bezos currently enjoy.
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Oceanco calls Alfa Nero “one of the world’s most iconic and award-winning yachts.”
Yachts have a first “declaration pool” that converts into a helipad or a disco, depending on the mood of the owner.
The yacht previously belonged to Andrey Guryev, a Russian oligarch who was sanctioned by the US Treasury Department last year after Russia invaded Ukraine.
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Schmidt is worth about $25 billion after running Google during a period of high growth as CEO from 2001 to 2011 and executive chairman from 2011 to 2015.
Schmidt declined to comment to FOX Business.
Alfa Nero has an initial price of 120 million USD. While the $67.6 million price tag might be considered stealing, the general rule of thumb for the annual cost of running and maintaining a superyacht is 1/10th of the purchase price. Schmidt will likely pay up to $12 million a year for the crew, fuel and maintenance of the massive 267-foot vessel.
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