How Many Super Yachts Are There In the World?
Among the countries with the highest number of super yachts along their coastlines, Italy ranks first, followed by the United States. It's no surprise that popular yachting destinations like the Mediterranean and the Caribbean often see these luxurious vessels gracing their waters. Although the number of super yachts fluctuates due to factors like global economic trends, the desire for these incredible vessels doesn't appear to be waning.
There are currently 1,017 superyachts in the world that fall within the 200 to 300 feet range. These luxury vessels can cost upwards of $20 million and are often owned by ultra-wealthy individuals. Europe has the most number of superyachts with 123, where 38 of them are in Italy.
The number of superyachts can vary depending on how you define the size range and which countries you include in the count. However, based on this report, there are just over 1,000 superyachts in the 200 to 300 feet range currently in operation.
Summary
- Superyachts, typically ranging in size from 200 to 300 feet, are luxurious symbols of wealth and prestige.
- Three distinguished builders of superyachts include Lurssen, Feadship, and Benetti.
- Europe has 123 superyachts, and Italy has 38 of them, making it the country with the highest number of superyachts.
- Businesses and corporations own 20% of superyachts, while private individuals own 80%.
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Current Number of Super Yachts
In this section, we'll explore the distribution of yachts within the 200 to 300 feet range. This information can give you a better understanding of where these luxurious vessels are most prominent.
| Region | Number of Superyachts | Average Cost |
|---|---|---|
| Europe | 123 | €30 million to €50 million ($35 million to $60 million USD) |
| North America | 83 | $40 million to $50 million USD |
| Asia-Pacific | 33 | $30 million to $50 million USD |
| Middle East | 12 | $100 million USD |
As of now, there are approximately 5,000 super yachts globally, although this number may have increased since the given data is from 2019.
Your curiosity may lead you to wonder where these superyachts are concentrated. Well, the majority of super yachts are owned by wealthy individuals hailing from North America, Europe, and the Asia-Pacific. Moreover, the industry seems to be growing, as evidenced by the 1,024 projects in construction or on order for 2022, a substantial increase from the previous year.
First, let's start with Europe. The continent is renowned for its thriving yacht industry, with countries like Italy, Spain, France, and Greece ranking among the top nations in terms of super yachts. Italy, in particular, stands out for its numerous shipyards and commissions. You'll also find that the Mediterranean is a popular cruising ground for these luxury vessels during the summer months. The average cost of a superyacht in Europe is around €30 million to €50 million ($35 million to $60 million USD).
Next up is North America. Despite the vast coastline and numerous marinas, the concentration of super yachts in this region is relatively lower than in Europe. Nevertheless, notable cities like Miami and Fort Lauderdale in Florida are considered hotspots for yachting enthusiasts. The Caribbean also attracts a significant number of super yachts during the winter, providing a warm, tropical haven for yacht owners and guests. The average cost of a superyacht in North America is around $40 million to $50 million USD.
Average Cost of Buying & Owning a Yacht in India (with 4 examples)
Now, let's take a look at the Asia-Pacific region. Although yachting is still a growing industry here, countries like China and Singapore are quickly catching up with their Western counterparts in terms of yacht ownership and production. With rapid economic growth and an expanding wealthy class, it's only a matter of time before the number of super yachts in this region increases significantly. The average cost of a superyacht in Asia-Pacific is around $30 million to $50 million USD.
Lastly, we'll touch on the Middle East. While the number of super yachts based in this region may not be as high as in Europe or North America, the wealth generated from the oil and gas industries in the area has led to some of the largest and most extravagant yachts being owned by Middle Eastern billionaires. The United Arab Emirates, for example, is home to a number of super yachts, including some owned by the country's royal family. The average cost of a superyacht in the Middle East is around $100 million USD.
Average Cost of Buying & Owning a Yacht in Dubai (2023)
What country has the most superyachts?
| Country | Number of Superyachts | Average Cost |
|---|---|---|
| Italy | 38 | €30 million to €50 million ($35 million to $60 million USD) |
| United States | 36 | $40 million to $50 million USD |
| Netherlands | 27 | €30 million to €50 million ($35 million to $60 million USD) |
| Turkey | 22 | $20 million to $30 million USD |
| United Kingdom | 18 | £20 million to £40 million ($27 million to $55 million USD) |
According to the 2021 Global Order Book report by Boat International, Italy has the most superyachts in the world, with a total of 38 yachts in the 200 to 300 feet range in length. Other countries with a significant number of superyachts include the United States, the Netherlands, Turkey, and the United Kingdom.
It's worth noting that the number of superyachts in each country can vary depending on how you define a superyacht and which countries you include. However, based on this report, Italy currently has the highest number of superyachts in the world.
Defining the Super Yacht
When discussing super yachts, one of the key factors that defines them is size. In this context, we are focusing on yachts with a size range of 200 to 300 feet. To put it into perspective, these magnificent vessels are about the length of two to three basketball courts. Given their impressive size, these yachts offer ample space for luxurious accommodations and a variety of amenities designed to provide the ultimate experience in comfort and style.
If you're wondering at what size is a boat considered a yacht, here's our article that goes into detail.
Aside from their impressive dimensions, another aspect that sets super yachts apart is the unparalleled level of luxury they offer. Onboard a super yacht, you can expect to find opulent living spaces, state-of-the-art technology, and top-of-the-line amenities. Imagine multiple decks outfitted with luxurious staterooms, expansive common areas, and even lavish amenities such as swimming pools, helipads, or cinemas.
The attention to detail on these yachts extends beyond the extravagant interiors, with custom designs and engineering tailored to the owner's desires. In addition to these features, superyachts are equipped with advanced navigation and communication systems, as well as high-speed internet and entertainment systems.
Superyachts are known for their advanced features, comfort, and space to accommodate groups. They often have multiple decks with expansive living areas, including large salons, dining rooms, and entertainment areas. They also feature luxurious cabins, including a master suite and several guest cabins, all with en-suite bathrooms.
Superyachts often have a variety of high-end amenities, such as swimming pools, hot tubs, spas, saunas, gyms, and movie theaters. They also typically have a variety of water toys, such as jet skis, water skis, kayaks, and paddleboards, as well as tenders for shore excursions.
Superyachts are designed for extended periods of time on the water and often come with a professional crew to cater to the owner's every need. The crew aboard a super yacht is highly-skilled and dedicated to providing the finest service, ensuring your every need is met. They require a large crew to operate and maintain the vessel, including a captain, engineers, chefs, stewards, and deckhands. But what yacht size requires a crew? Here's our article to answer it.
Top Manufacturers of Super Yachts
In this section, we'll introduce you to some of the top manufacturers of super yachts, that is, yachts with a size of 200 to 300 feet. The following shipyards are well-known for their expertise in building these luxurious vessels:
Lurssen
This German shipyard has a long history of crafting high-quality superyachts. In fact, it is responsible for 13 of the world's top 25 largest yachts. Their work is characterized by innovative designs, cutting-edge technologies, and a commitment to producing seaworthy, comfortable vessels.
Here are some examples of famous superyachts built by Lurssen:
- Phoenix 2 (90 meters/295 feet)
- Kismet (95 meters/312 feet)
- Madsummer (95 meters/311 feet)
- TV (78.5 meters/258 feet)
- Martha Ann (70 meters/230 feet)
A few key features of Lurssen yachts you might appreciate include their spacious interiors, extensive amenities, and state-of-the-art engineering. If you're in the market for a super yacht, you can't go wrong with a vessel from this prestigious builder.
The average cost of a superyacht built by Lurssen is around €50 million to €100 million ($60 million to $120 million USD). Some of the most expensive superyachts built by Lurssen, such as the Azzam and Dilbar, are estimated to have cost over $500 million USD.
Feadship
Feadship is another renowned manufacturer of superyachts. Based in the Netherlands, they have been in the yacht-building business since 1949, and have earned a reputation for their exceptional craftsmanship, innovative designs, and commitment to quality.
Here are some examples of famous superyachts built by Feadship:
- Aquarius (92 meters/302 feet)
- Fountainhead (87 meters/285 feet)
- Hampshire II (78.5 meters/257 feet)
- Venus (78.2 meters/256 feet)
- Musashi (87 meters/285 feet)
If you choose a Feadship yacht, you can expect top-of-the-line materials and unrivaled attention to detail. Their dedication to innovation ensures that every vessel they produce offers contemporary looks, the latest in marine technology, and exceptional performance.
The average cost of a superyacht built by Feadship is around $50 million to $100 million USD. Some of the most expensive superyachts built by Feadship, such as the Symphony and Aquarius, are estimated to have cost over $100 million USD.
Benetti
For those with an appreciation for Italian elegance and style, Benetti is a great choice. As one of the oldest yacht builders in Italy, they have a storied history in creating some of the most beautiful and technologically advanced yachts on the water.
Here are some examples of famous superyachts built by Benetti:
- Lionheart (90 meters/295 feet)
- IJE (108 meters/354 feet)
- Seasense (67 meters/220 feet)
- Diamonds are Forever (60 meters/196 feet)
- 11.11 (63 meters/207 feet)
Their attention to aesthetics is evident, with sweeping lines, luxurious interiors, and the finest materials used throughout each vessel. If you're interested in an artful blend of style and performance, a Benetti super yacht won't disappoint.
The average cost of a superyacht built by Benetti is around €30 million to €50 million ($35 million to $60 million USD). Some of the most expensive superyachts built by Benetti, such as Lionheart and IJE, are estimated to have cost over $100 million USD.
Super Yacht Ownership
According to a report by SuperYacht Times, the majority of superyachts are owned by private individuals or families. The report estimates that around 80% of superyachts are owned by private individuals, while the remaining 20% are owned by businesses, corporations, or governments.
Private individuals own majority of superyachts globally
Owning a super yacht is the ultimate display of wealth and luxury. As you may already know, these vessels are typically between 200 and 300 feet in size. In fact, there are approximately 5,000 superyachts in the world today. Most of these extravagant ships are owned by private individuals like you, who enjoy the freedom and extravagance that come with owning such an impressive vessel.
As a private owner, you can take full advantage of all the amenities a super yacht has to offer. Imagine unwinding in opulent staterooms, dining on gourmet cuisine prepared by your personal chef, and relaxing in a jacuzzi with an awe-inspiring ocean view. You can also choose to travel the world at your leisure, visiting exotic destinations and hosting exclusive on-board parties for your closest friends and family.
Are you familiar with Below Deck? Here's our article showcasing the show's superyachts and their owners.
However, it's important to remember that owning a superyacht comes with significant responsibilities. This includes the costs of maintaining and operating the vessel, hiring and managing the crew, and complying with maritime regulations.
Corporate ownership of superyachts
Businesses and corporations may purchase a super yacht to be used as a floating office, executive retreat, or a unique venue for entertaining clients and guests. Their aim is to create an impression of exclusivity and success, as a super yacht can provide a truly unparalleled experience. By opting for corporate ownership, companies can benefit from tax advantages and, in some cases, even charter their yacht to offset costs.
It's noteworthy that regardless of the purpose of ownership, both private and corporate owners share the need to manage their super yachts carefully. This includes ensuring proper maintenance, optimizing operational costs, and fostering good relationships with the crew members who make the yacht experience unforgettable.
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