Andrey Melnichenko

Melnichenko’s epic Sailing Yacht A’, the world’s biggest sailing ship, set on its maiden voyage

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Russian billionaire Andrey Melnichenko, founder of the fertilizer producer EuroChem, upgraded his £190million superyacht for a new £260m vessel with one of the simplest names – “A”. ‘Sailing Yacht A‘, now taking its first sea trials in Kiel, northern Germany, is the world’s biggest sailing ship. The 468ft-long luxury yacht designed by Philippe Starck was built near … Read more

Most expensive billionaire luxury asset acquisitions

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10 Most Expensive Luxury Asset Acquisitions Of All-Time list compiled by Wealth-X shows that luxury yachts are the most popular luxury asset acquisition. Eight of the 10 billionaires in the list own these luxury vessels. According to the ultra high net worth (UHNW) intelligence provider, billionaires from Oracle CEO Larry Ellison to Russian tycoon Alisher Usmanov have … Read more