Trump's election as president of the United States marked a number of firsts, including the institution of what has historically become the wealthiest cabinet ever in existence. The billionaire's effect on politics has become the subject of many debates, yet his influence on yachting is often overlooked. Having owned one of the largest yachts of her time, Trump once commissioned the world's largest superyacht and also briefly owned a leading Dutch shipyard.




In his former life as a billionaire businessman, Trump not only owned an 86m superyacht as well as a shipyard for a brief period of time, but he also ordered the world's largest yacht, although it was never completed. Meanwhile, US Secretary of Education, Betsy DeVos, with a net worth estimated at $1,5 billion, and her family have been linked to no less than 13 yachts over the years.

In 1980, the late Saudi businessman and arms dealer, Adnan Khashoggi took delivery of the 86 meter (282 ft) Nabila. Built by Benetti in Italy, she became the 8th largest yacht in the world and appeared in the 1983 James Bond movie, Never Say Never Again.



When Khashoggi, however, ran into financial problems, the Sultan of Brunei took possession of the yacht to cover one of his loans. The Sultan quickly flipped the yacht to Donald Trump for a reported $29 million in 1987. In an interview in 1988, Trump said he received a $1 million discount for agreeing to change the name from Nabila, Khashoggi's daughter.

Khashoggi probably spent $200 million building this yacht, probably the best yacht ever built. I purchased it for a business. I use it for my hotels. I use it for a lot of different charities.




After acquiring Nabila, Trump renamed the yacht to Trump Princess and had it refitted by Holland-based, Amels for a near $10 million according to the LA Times. The H on the helipad was also changed to a T to stand for Trump.

Spread into over 100 separate areas over five decks, Nabila was without a doubt one of the most complex yachts of her time. With luxurious materials including onyx used for her interior, the yacht was also ahead of her time from a technological standpoint. Remote controls were installs next to the bed for shades, room service, and the entertainment center.



Amongst the yacht's main feature was a hair salon with 3 separate chairs, a sauna, a private elevator for the owner, one for guests and one for the crew, a 2.4-meter in diameter spa pool with a waterjet behind bulletproof glass. Whilst still owned by Khashoggi, many arms deals were signed onboard the yacht.

In June 1989, Donald Trump announced that he would build a larger yacht, "something in excess of 400 feet long, closer to 500 feet" as he told Newsday and that he was accepting bids from yacht builders for this project. Amels, then owned by a group of 4 British investors, secured the deal to develop the 128-meter Trump Princess II according to NRC.



In May 1990, it was announced that Trump bought Amels altogether. At a press conference in Makkum in 1990, Jeff Walker, VP of Trump's investment empire, denied that the shipyard was sold due to the previous owner's financial difficulties, which some have said, resulted from Trump canceling the construction of the Trump Princess II.

In September 1990, two months after the acquisition, Trump sold Amels to American businessman, Peter Kutell according to Deseret News due to financial problems. At the same time, the Trump Princess was put up for sale and all work on the Trump Princess II stopped. In 1991, Trump Princess was sold to Prince Al-Waleed for $19 million who renamed the yacht to Kingdom 5KR.



The superstructure for Trump Princess II allegedly remained at the Amels Makkum facility until summer 2001 when it was eventually removed. According to sources familiar with the matter, the superstructure is still parked at the Makkum facility, now owned by Feadship De Vries and reportedly sometimes used as a bike parking space.

Currently valued by Forbes at $3.1 billion, Trump serves as the United States' 45th president since January 20th 2017. Having sparked controversies throughout the world due to his polarising views on a number of domestic and foreign issues, he has recently led a series of reforms to have US conglomerates bring back a large portion of their cash back to the United States.


After getting a start at his father's real estate development company, Trump started his Manhattan real estate crusade, acquiring part of the Commodore Hotel in 1978. Following this, Trump embarked on building Trump Tower, which was completed in 1983. Five years later, Trump bought the Plaza Hotel for $407 million and invested $50 million into its refurbishment. At the same time, Trump started branching out of Manhattan, building in Palm Beach, Atlantic City and ventured int golf.

Trump's net worth is still predominantly tied to his New York-assets though, with $1,6 billion in real estate. The billionaire has another $500 million in real estate in another cities, in addition to $570 million worth of golf clubs and resorts according to Forbes. His branding business, which includes hotel management and product licensing is currently valued at $200 million. "Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game." Trump said in his book, The Art of the Deal.

Check our Timeline platform to get the full access to our analytics platform, that offers you a detailed report on the timeline of each superyacht, real time market view to see the yacht market developing and much more!

Latest News

A Closer Look at New Pershing GTX80
Pershing has unveiled the latest addition to its GTX series, the Pershing GTX80. This new model emphasizes a seamless integration of interior and exterior spaces, enhancing onboard comfort and providing a unique cruising experience. The Pershing GTX80 continues the brand’s tradition of combining high performance with sportiness.Measuring under 24 meters in length with a 5.8-meter beam, the GTX80 is a collaboration between the Ferretti Group Product Strategy Committee, Vallicelli Design, and the Group’s Engineering Department. The yacht features two decks and a sportbridge, offering accommodation for up to eight guests across four cabins. The design focuses on a balanced proportion between superstructure and hull, achieving architectural harmony in a sports motor yacht of this size.The exterior design showcases Pershing's signature style with innovative features. The hull profile includes a near-vertical bow and a continuous, slightly convex sheer line. The bulwarks, lightened by a longitudinal slot, incorporate winches and convert into lateral terraces. The hull's elegant lines contrast Pershing grey with a darker shade on the superstructure and polished carbon on the hard top, creating a visually appealing palette.The main deck is split into two levels. The first level, dedicated to water contact, features a 28 m² beach area with lateral terraces that open electrically. The stern platform offers three positions: default, tender launch, and a raised position to integrate with the aft living area. The second level includes a 14 m² cockpit with a dining area and a direct connection to the indoor galley, enhancing the indoor-outdoor flow. The salon's interior layout comes in two versions, emphasizing either informal or formal dining arrangements.The lower deck can be configured with four cabins and four en suite bathrooms or a dinette and day head instead of a fourth guest cabin. The full-beam master suite features distinctive cloud-effect sky blue leather panelling and a sophisticated lighting design. Guest cabins ensure privacy and comfort, while the crew area, accessed from the cockpit, provides accommodation for crew members.The sundeck spans 23 m², offering significant space compared to other yachts in its category. The deck includes a full-beam sunpad, a dining area, and an optional carbon fabric hard-top. The exterior helm station can accommodate up to three pilot chairs and two monitors.Powered by three 1,000 mhp Volvo Penta D13 IPS1350 engines, the Pershing GTX80 reaches a top speed of 34 knots and a cruising speed of 28 knots. The yacht features advanced technological systems, including Volvo IPS electro-hydraulic steering, Humphree trim stabilizers, and optional Seakeeper gyroscopic stabilizers, ensuring a smooth and efficient ride. The yacht is CE Class A certified.The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.Credit: Ferretti Group
New Appointment: Rosaria Senese Became Sales Manager at Cantiere Mimì
Cantiere Mimì, a company renowned for its gozzo boats with ultra-lightweight planing hulls and reduced fuel consumption, has appointed Rosaria Senese as the new Sales Manager. This family-run business, founded in 1975 by Salvatore Senese, has grown from a small local firm into an international benchmark in its market segment.The company remains under the control of the founding family, now in its fourth generation. Domenico Senese, Salvatore’s son, serves as CEO and oversees new projects and international markets, while Massimo Senese manages production and customer relations. Rosaria Senese, Domenico’s daughter, has gradually taken on more responsibilities within the company and is now focused on strengthening the brand’s commercial strategy in Italy.Rosaria SeneseRosaria has been involved in the business from a young age, attending industry trade fairs and contributing to key projects such as the Walkaround line. Born in 2001 and passionate about boats since childhood, Rosaria is proud to take on her new role. "With the internationalisation of our production and rising demand, it was natural for me to take on more responsibility," she comments.Rosaria’s main task as Sales Manager is to oversee production in Italy. She is committed to continuing the legacy of her great-grandfather, Domenico "Mimì" Senese, who began building and hiring out small boats. "Our company's success is not just due to passion but also to our blend of experience and innovation," she says.Cantiere Mimì’s yard now occupies 7,000 square meters and employs advanced technologies such as 3D boat design and CNC milling machines. The use of solid teak, seasoned and shaped by hand, and ultra-lightweight hulls that reduce power requirements by 30%, are key factors in the company’s success. The modern and functional designs by Valerio Rivellini further enhance the brand’s reputation for quality and innovation.The company was founded in 1975 by Salvatore Senese, who is still present in the shipyard today. The company's tradition is handed down to the new generations, among whom is the figure of his son Domenico, who assiduously works on perfecting existing products by combining experience and innovation. The company’s exports the brand production to Europe and Asia.Credits: Cantiere Mimi
New Flagship CLX99 Unveiled by CL Yachts
CL Yachts has introduced the CLX99, the latest addition to its CLX range, bringing innovative form, function, and style to the superyacht market. Following the debut of the CLX96 at FLIBS 2022, the CLX99 builds on its predecessor’s design and performance, reflecting the company’s rich 150-year heritage while focusing on future advancements. The design, conceived by Milan-based Jozeph Forakis of forakis…design, continues to emphasize function and bold aesthetics, inspired by rugged workboats.The new CLX99 retains the core ethos of the CLX96 but offers expanded interior and exterior spaces, refined design elements, and features tailored to meet the demands of European and Asian markets. Martin Lo, Director of CL Yachts, confirms that while the hull remains the same, significant changes include an extended beach area, increased overall length to 100 feet, and improvements in naval architecture, layout, and materials.The main deck has been extended by two meters, reconfiguring the interior to include a spacious dining room and adjacent galley with portside crew access. The lower deck offers five staterooms, including a full-beam master suite, two VIP doubles, and two guest twin/double cabins, all ensuite. The crew area has been redesigned to accommodate up to five crew members, ensuring noise insulation from the owner’s suite.The sundeck, skylounge, and flybridge helm have been modified for better proportions and enhanced luxury. The skylounge has been extended by over three meters, with the helm separated from the guest saloon, allowing the captain to operate without disturbing guests. The area features large glass panels for 360-degree panoramic views and sliding doors connecting the spaces.The aft section of the yacht now includes large drop-down bulwarks that create generous sea terraces. The beach and swim platform offer more storage and the option for a spa pool on the foredeck. The reconfigured hull windows provide cleaner lines, enhancing the yacht’s profile.Jozeph Forakis highlights the interior design's focus on smooth, rounded lines inspired by natural elements like pebble beaches. The CLX99 aims to deliver an uncompromising superyacht experience, combining intelligent design with practical functionality to meet the diverse demands of global yachting markets.“With the CLX96, we pushed the boundaries of conventional yacht design,” Forakis states. “The CLX99 takes those elements further, offering new dimensions of style, function, and practicality. It is beautifully balanced, wonderfully proportioned, and architecturally refined, epitomizing nautical luxury for owners, guests, and charterers alike.”CL Yachts’ goal is to offer unparalleled experiences to the modern explorer. The luxury performance brand stands apart from its competitors thanks to its unique approach to design – driven by CL Yacht’s core value of innovation. Fusing progressive design with engineering prowess and state-of-the-art technology, every element of CL Yachts’ vessels are meticulously geared to steer luxury into uncharted territories.Credits: CL Yachts
Flexplorer 146 Mat Launched by Cantiere delle Marche
The Flexplorer 146 Mat represents a significant advancement in the Flexplorer series. While retaining the core concept of the Flexplorer line, Mat introduces notable changes in equipment, layout, and accommodation compared to its predecessor, Maverick, delivered last month. This vessel exemplifies the series' adaptability to meet diverse owner specifications.Ennio Cecchini, Executive Chairman and Founder of Cantiere delle Marche, highlights the Flexplorer line's versatility: “With the Flexplorer line, we transform semi-custom explorer yachts into fully custom masterpieces. Owners can personalize every aspect, from the number of decks to the yacht’s design, naval architecture, and engineering. This extensive customization defines our semi-custom concept.”Mat maintains the robust, exploration-ready aesthetic typical of the series but has a sleeker profile due to one less deck. Unlike previous models, it lacks the iconic A-frame crane, opting instead for an "invisible crane" integrated into the sun deck overhang. This crane, initially seen on the RJ series, retracts into its compartment after use, allowing the aft deck to transform into a spacious lounging area with collapsible bulwarks.Hydro Tec designed Mat’s exterior, naval architecture, and engineering, while Nauta Design crafted the interiors. Mario Pedol, founder of Nauta Design, describes Mat’s interiors as spacious and balanced, featuring large windows that enhance the indoor-outdoor connection. The clean, refined interior architecture uses natural materials and light colors, creating a pleasant living environment.Mat, with a gross tonnage of 475 GT, offers generous social and private spaces for up to ten guests across three decks and a sun deck. A crew of nine ensures smooth operations and guest comfort. The yacht measures 44.50 meters in length and has a displacement of 445 tons. It is equipped with 65,000-liter fuel tanks powering twin Caterpillar C32 engines, each producing 746 kW. This setup allows for a top speed of 14 knots and a range of over 5,000 nautical miles at 10 knots.CdM's story begins in 2010. The facilities cover an overall surface of 16˙000 square meters, including 7˙000 sq. m of workshops and 1˙000 sq. m of docks. Since 2015, the shipyard has been the world’s leading builder of explorer yachts. Based in Ancona, Cantiere delle Marche builds yachts from 26m to 43m in length.Credits: CdM
Zuccon International Project Wins 2024 Compasso d’Oro
Bernardo and Martina Zuccon have received the prestigious 2024 Compasso d’Oro for their design of the Sanlorenzo SP110. The Compasso d’Oro, awarded by the Associazione per il Disegno Industriale (ADI), is recognized as the world's oldest and most authoritative industrial design award. The ceremony took place at the ADI Design Museum in Milan.The SP110 project was honored for its innovative approach to yacht design, combining new proportions, a balance of transparent and opaque surfaces, and novel living solutions. The design emphasizes sustainability in construction and use, reflecting the Zuccon International Project’s commitment to continuous innovation.Bernardo ZucconThe jury's citation praised the SP110 for its concept of a "floating home" and its impact on both yachting and architecture. It was selected from 32 products and services in the 2022 and 2023 ADI Design Index. The SP110's strategic focus on renewing production processes in the yacht sector was highlighted as a significant achievement.“For our firm, this award is our most important achievement in design, and we feel honored to receive it for the SP110, a project that explores new ideas in on-board living,” said Bernardo Zuccon, who accepted the award in person. He also noted the successful collaboration with Sanlorenzo, a partnership that has been ongoing for years.Established in 1954 by Gio Ponti, the Compasso d’Oro has recognized approximately 370 projects over 70 editions. The inclusion of the Sanlorenzo SP110 in this esteemed group underscores the growth and innovation in yacht design, marking a significant milestone for Zuccon International Project, founded by Gianni Zuccon and Paola Galeazzi.Credits: Zuccon International Project