An anonymous Malaysian businessman just dropped an incredible $4.8 BILLION on a solid gold yacht.That’s 10 times the amount Russian mogul Roman Abramovitch spent on his megayacht, the Eclipse, which previously held the title of the world’s most expensive yacht. Owner – Robert Kuok Net Worth – $ 10.5 Billion. Biography. Prisoners are 5 times more likely to get COVID-19 than the overall population. Kuok Group manages, operates, and/or have investments in several companies based all over the world, including PPB Group Berhad, Federal Flour Mills (FFM) Berhad, Kerry Properties, Chemquest, Shangri-La Hotels and Resorts (founded by Kuok in 1971), and Wilmar International, the world's largest listed palm oil trader company. Robert Kuok's Yacht. Now, that is not the behavior of someone who would spend $4.8 billion on a yacht. 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This supreme boat was sold to an anonymous ultra-wealthy Malaysian business man, … He founded internationally renowned Shangri-La Hotels in Singapore in 1971. The US claims the yacht was bought with “stolen” Malaysian money (from 1MDB). History Supreme is built by a luxury designer Stuart Hughes and it is currently owned by Malaysian businessman Robert Kuok. If the $4.8 billion figure is accurate — and a representative from Stuart Hughes, the yacht’s maker, assured us that it is — the most likely buyer is Robert Kuok, the richest man in Malaysia, with a net worth of $12.5 billion (the rep would not confirm or deny that the owner is Kuok). Roman Abramovitch spent on his megayacht, the Eclipse, Give us your thoughts on these small business practices to win a $250 Westfield gift card, How COVID-19 is ravaging two cities across the US-Mexico border, with no end in sight. Robert Kuok Yacht Robert Kuok owns most expensive Yacht in which he spent $4.8 Billion. Some speculate the the owner of the most expensive yacht in the world is Malaysian billionaire Robert Kuok who has a net worth of $14.5 billion. Kuok is media-shy; most of his businesses are privately held by him or his family. Kuok was born on 6 October 1923, in Johor Bahru to a Malaysian Chinese family. Perhaps it would have been more accurate to say “mind-blowingly expensive” The prices are detailed below, as well as yacht facilities that border on the obscene. If the $4.8 billion figure is accurate — and a representative from Stuart Hughes, the yacht’s maker, assured us that it is — the most likely buyer is Robert Kuok, the richest man in Malaysia, with a net worth of $12.5 billion (the rep would not confirm or deny that the owner is Kuok). Here's what it was like. We took a 4-hour flight on the new Delta Airbus jet that Boeing tried to keep out of the US. 9. His favorite yacht called Eclipse is the world largest Private Super yacht and also the second most expensive with a price tag of $700 million after the Golden History Supreme yacht worth $4.5 billion, plated with over 100 000 kg of gold owned by Malaysian billionaire Robert Kuok. 17 August, 2019; Horse Power; Expensive is an understatement. It supposedly is covered entirely in platinum gold and even has meteorite rocks embedded into. If you are thinking of gold, platinum, meteorite, and diamonds, you are correct. Even tycoon Robert Kuok at 93 wouldn't dream of spending RM1 billion on a yacht. Robert Kuok Yacht Robert Kuok owns a lavish yacht. The Third Force has created a donation channel to enable you, the reader, to contribute whatever little you can. So, what makes this yacht the costliest ever made? Business Insider had assumed that the billionaire who bought the yacht was Robert Kuok but later discovered that the businessman whose net worth stood at a staggering $12.5 billion at the time, had deconstructed his Hong Kong mansion to avoid displaying his wealth. Malaysian businessman just dropped an incredible $4.8 BILLION on a solid gold yacht. His personal wealth of $18.9 billion puts him at 96 on Forbes’ 2018 The World’s Billionaires list. However, it is certainly worth seeing what the world’s biggest superyachts, which are worth a fortune, are equipped with. Here is the countdown of the top Five of Abramovich yachts. Kuok is notoriously private and an astute businessman, so it’s somewhat shocking to think he would drop more than a third of his assets on a blinged-out vessel. Cost: $1.1 Billion. If the $4.8 billion figure is accurate — and a representative from Stuart Hughes, the yacht’s maker, assured us that it is — the most likely buyer is Robert Kuok, the richest man in Malaysia, with a net worth of $12.5 billion (the rep would not confirm or deny that the … At the top of the list of superyachts in the world is no other than the magnificent, History Supreme. The most extravagant and expensive luxury yachts in the world. Doing these 24 uncomfortable things will pay off forever, Yes, Apple just killed iTunes — here's what that means for your library of music, movies, and TV shows. There aren’t many people in the world who could afford such an extravagance, let along that many Malaysians. Precious materials such as bones of dinosaurs, tiny meteorites, gold and platinum are used for making this yacht. It is known to be owned by a Malaysian businessman, only 3 of which are billionaires, so it is guessed that it is Robert Kuok, who has a net worth of 12.5 billion. Italian boatmaker Baia Yachts did some digging on their own and completely debunked the tale of the golden superyacht, ... Robert Kuok, was an astute ... and to confirm that Kuok was indeed the buyer. It was made to imitate the literal streets of the country of Monaco. The Best Snapchat Games To Play Right Now, Disable UPnP On Your Wireless Router Already, This Android Wallpaper Can Brick Your Phone. Robert Kuok is the richest man in Malaysia. The yacht was designed by Liverpool luxury jeweller who is known for the iPhone 4 plated gold design, Stuart Hughes. o make a contribution (you don't need a Paypal account to donate through Paypal, simply follow the instructions once you click the button). So if it is true, it is for you to claim the yacht and establish if … According to Forbes billionaires’ list, only three Malaysians have a net worth of $5 billion or more. The yachts you are about to see on the other hand, have nothing conceptual about them. This is arguably the most expensive Yacht in the world and if the reports are to be believed, Robert Kuok had to shell out $4.8 Billion for this! Source: Asian Godfathers, Money and Power in Hong Kong and Southeast Asia by Joe Studwell, Here's how the world's richest royals actually live >. They are the largest, most lavish toys on the planet and not surprisingly they belong to some of the world’s wealthiest individuals. Introduction Robert Kuok is a Malaysian business magnate and investor. I moved to the US from China — here are the biggest cultural differences I've noticed between the 2 countries, Bath & Body Works is now a standalone company — we visited a store and saw why it's been L Brands' secret weapon, CBA and NAB pass on RBA interest rate cut in full, but ANZ and Westpac defy Treasurer Josh Frydenberg's orders, How to watch Netflix on your TV in 5 different ways, The incredible story of Ferrari's 72-year journey from an upstart racing team to a $27 billion luxury brand. Tongues have been wagging as to the identity of this mysterious Malaysian. Apart from a multitude of businesses in Malaysia, his companies have investments in many countries throughout Asia. Streets of Monaco Superyacht is the replica of the … First of all, the History Supreme’s exterior is plated by 100,000 kilograms of gold and platinum. Lets face it, Yacht is not something that anyone can randomly purchase. If the story about this yacht built for a mystery Malaysian businessman for a stunning £3 billion ($4.8 billion) is true, it will truly be the epitome of Malaysia Boleh. History Supreme is made of 100 tons of solid gold and also features a deck, dining area and interiors decorated in platinum. Robert Kuok is a Malaysian-Chinese business magnate. What is Robert Kuok’s net worth? All Rights reserved. History Supreme—the most expensive Yacht ($4.5 billion) The world’s most expensive yacht is the History Supreme, a pricey 100-foot vessel. Kuok … The luxury is what makes the price tag. Kuok is notoriously private and an astute businessman, so it’s somewhat shocking to think he would drop more than a third of his assets on a blinged-out vessel. Is he Robert Kuok, the richest man in Malaysia? This Yacht has taken 3 years to complete. There aren’t many people in the world who could afford such an extravagance, let along that many Malaysians. Or Ananda Krishnan, the second richest Malaysian? Warkah kepada Agong: Akhirnya terbongkar niat sebenar Anwar…, Proklamasi Darurat: Tindakan Khairuddin Abu Hassan, parti PEJUANG tepat, Dear Najib, be very careful what you wish for, Khairy, let’s debate on why Pakatan Harapan is bad news for the country, Permintaan #6/8: Ke Hadapan YAB, Yang Mulia, Tun Dr Mahathir Mohamad. In About-Face, UK Will Not Allow Huawei To Be Involved In Any Part Of... Universal Orlando Parks Will Reopen June 5 Despite Risk Of... Pro-Privacy Lawmakers Secure A Vote To Protect Browsing Data From... Jurassic World: Dominion Is Definitely Not The Planned End Of The... White Twitch Talk Show Host Finally Drops 'Rajj Patel' Moniker, Everything We Know About The PlayStation 5. Streets of Monaco Superyacht. If the $4.8 billion figure is accurate — and a representative from Stuart Hughes, the yacht’s maker, assured us that it is — the most likely buyer is Robert Kuok, the richest man in Malaysia, with a net worth of $12.5 billion (the rep would not confirm or deny that the owner is Kuok). What do you expect to see in the world’s most expensive yacht? This beauty which was built with the finest of gold and platinum is a 100-foot long and weighs 10,000 kg. There are lots of rumors floating around about Robert Kuok's wealth and possessions. He owns Kuok group, which has interest in hotels, real estate and commodities. A 69-year old prisoner is trying to change that one livestream at a time. Like what you’re reading? The yacht is also called Baia 100 SUPREME. The History Supreme was created and built by Stuart Hughes, a British purveyor of frilly gadgets and the creator of both the most expensive suit and most expensive iPhone in the world. United Nations Monitor: Malaysia lost foreign direct investment at worse rate than neighbours, worst since 1990s, Ikutkan Hadi, kalau orang lain rampas kerajaan ‘haram’, kalau PAS rampas ‘halal’, This shocking claim on global lockdowns was made by a major Australian News Channel, Your donation is much appreciated and will go a long way towards helping us serve you better. It is the costliest yacht in the whole world which is possessed by a Malaysian billionaire whose name is Robert Kuok. He impressed a Malaysian businessman, Robert Kuok, who bought the yacht after three years of making. Robert Kuok may just have spent $4.8 Billion on a solid gold yacht August 11, 2018 10:15 pm Raggie Jessy Business Insider An anonymous Malaysian businessman just dropped an incredible $4.8 BILLION on a solid gold yacht. of . Ultimately: It's a no-brainer, AG. “The backdrop on the stage of my life is 70 to 90 per cent … Streets of Monaco is a very unique super yacht that was built by Yacht Island Design. These are the 25 most expensive yachts ever built. The biggest source of wealth is the […] The flamboyant financier hailing from Penang allegedly bought the US$250 million yacht from money siphoned from 1MDB, it’s indisputable especially when the vessel has a “Georgetown” embroidery under the name of the vessel. Unconfirmed reports have it that the richest man in Malaysia and the second richest man in Southeast Asia Robert Kuok is the happy owner of this … Click the donate button below. It was designed by world-renowned UK luxury designer Stuart Hughes and purchased by Malaysia’s richest man, Robert Kuok. Streets of Monaco – $400 Million. Second of all, its interior features meteorite rock wall and a statue made of T-Rex bones. But he is especially fond of his mother who heavily inspired his memoir released last year, ‘Robert Kuok: A Memoir’. Interestingly, all these units are motor yachts, none of them have sails. Copyright (C) 2017-2020 The Third Force. You need a lot of money for it! This is the Upper deck of Yacht . Kuok has always been a devoted son, even long after the death of his parents. Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram. That’s 10 times the amount Russian mogul Roman Abramovitch spent on his megayacht, the Eclipse, which previously held the title of the world’s most expensive yacht. There are rumors it’s owned by billionaire Malaysian entrepreneur Robert Kuok. 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