Ever envisioned a billionaire's private escape? The Ebitda, a 30.78-meter marvel crafted by Hargrave, offers a glimpse into that world. More than just a vessel, this yacht is a testament to luxury, reflecting its owner's discerning taste and remarkable success. Let's unravel the details behind this floating palace and explore the intriguing story of its enigmatic owner.
Frank Fertitta III and His Nautical Jewel: The Ebitda
The Ebitda, previously known as Second Love, isn't merely a yacht; it's a statement. Built in 2014 by Hargrave, this impressive vessel boasts a powerful yet elegant design. Twin Caterpillar engines, each generating 1,700 horsepower, propel this masterpiece through water with effortless grace, reaching a cruising speed of 19 knots (approximately 22 mph). Imagine the serene glide across the ocean, the gentle sway a comforting contrast to the opulence surrounding you.
But who commands this nautical marvel? Frank Fertitta III, CEO of Station Casinos, a name synonymous with high-roller luxury, is the proud owner. The yacht's name, Ebitda—a crucial financial metric—subtly reveals Fertitta's business acumen and undeniable success. It's a sophisticated nod to his professional life, a silent acknowledgment that this isn't solely about leisure; it's about the rewards of astute business decisions.
Beyond its speed and power, the Ebitda prioritizes ultimate comfort. At-anchor stabilizers ensure a smooth ride, even in choppy waters. Inside, the lavish interior, a masterpiece by Yacht Interiors by Shelley, offers a sanctuary of unparalleled luxury. The design is a harmonious blend of modern aesthetics and timeless elegance, creating an inviting and sophisticated atmosphere. Eight guests can comfortably enjoy the yacht's spaciousness, while a crew of four anticipates every need with seamless efficiency. This isn't simply a vessel; it's a floating five-star hotel designed for ultimate privacy and relaxation—a personal sanctuary, never available for charter, reinforcing its exclusivity.
Unveiling the Price Tag: Assessing the Value of a Private Asset
Determining the exact market value of the Ebitda presents a unique challenge. Unlike publicly traded assets such as real estate, the sale prices of luxury yachts often remain private. This makes valuation somewhat subjective, much like appraising a one-of-a-kind piece of art. However, by comparing similar yachts in terms of size, age, features, and build quality, a reasonable estimate can be made. The Ebitda undeniably resides in the high-end segment of the luxury yacht market, representing a substantial financial investment, reflective of both the yacht's exceptional quality and its owner's considerable wealth.
Experts employ various methods, considering factors such as the builder's reputation, engine type, luxury features, and prevailing market trends. They often compare recent sales of comparable yachts to create a robust valuation model. Without access to private sales data, however, any estimate remains qualified. Yet, one thing is certain: the Ebitda's price tag is substantial.
Navigating the Luxury Yacht Market
The Ebitda represents a small fraction of the extravagant world of luxury yachts. The diversity in size, features, and price points is astounding, ranging from relatively modest vessels to truly gigantic megayachts—floating cities—catering to a wide array of tastes and budgets. Each yacht reflects the unique preferences and financial capabilities of its owner, providing a fascinating insight into high-net-worth lifestyles. The Ebitda, with its harmonious blend of power, comfort, and exclusivity, stands among the most coveted vessels in this exclusive market.
This market is complex and dynamic. Economic conditions and technological innovations constantly impact supply and demand. Ongoing research within the luxury yacht sector aims to better understand these dynamics, leading to more accurate valuation and market trend analysis.
Key Takeaways: A Look into Luxury
- Frank Fertitta III, CEO of Station Casinos, owns the Ebitda, a remarkable 30.78-meter yacht.
- The yacht's features and exclusivity place its value within the highest echelon of the luxury yacht market, though a precise valuation remains elusive.
- The luxury yacht market is diverse, reflecting a wide range of preferences and considerable financial means.
| Feature | Specification |
|---|---|
| Builder | Hargrave |
| Year Built | 2014 |
| Length | 30.78 meters |
| Engines | Twin Caterpillar (C-32) 1,700hp |
| Guest Capacity | 8 |
| Crew Capacity | 4 |
| Interior Design | Yacht Interiors by Shelley |
Understanding Luxury Yacht Valuation: A Complex Equation
The world of ultra-luxury yachts is captivating, isn't it? These floating palaces represent significant investments. But how does one precisely determine the value of such a prized asset? It's far more intricate than simply examining horsepower.
Factors Influencing Value: Beyond the Hull
Several crucial factors contribute to a luxury yacht's market value. Think of it as a complex formula:
- Brand Prestige: A yacht from a renowned shipyard like Lürssen or Feadship commands a premium. It's not just purchasing a boat; it's acquiring a legacy.
- Age and Condition: A meticulously maintained, newer yacht generally fetches more than an older one showing wear. It’s comparable to the difference between a pristine classic car and one requiring extensive restoration.
- Size and Specifications: Larger yachts with advanced features (like state-of-the-art entertainment systems or helipads) carry higher price tags. Each bespoke detail adds to the overall value.
- Market Conditions: Similar to real estate, the luxury yacht market fluctuates. Demand, economic climate, and even global events can impact pricing.
- Location: A yacht situated in a high-demand yachting destination will command a higher price than one in a less popular location.
Estimating Value: A Multi-faceted Approach
Determining the precise market value typically requires a multi-pronged strategy:
- Market Research: Start by thoroughly examining online yacht listings, focusing on recent sales of comparable vessels. Look for yachts with similar size, age, brand, and features.
- Professional Appraisal: An experienced marine surveyor or yacht appraiser will perform a detailed assessment, including a comprehensive inspection, resulting in a formal valuation report. This is crucial for high-value yachts where accuracy is paramount.
- Comparative Market Analysis (CMA): This involves comparing the subject yacht to similar vessels recently sold. Analyzing these sales provides a reasonable market value range.
- Consider EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): While not a direct valuation tool for yachts in the same way as for companies, EBITDA potential charter income can influence value. A yacht with a strong charter history and high EBITDA suggests higher potential returns on investment.
Acknowledging the Uncertainties
Estimating a luxury yacht's value isn't an exact science. Market conditions, subjective preferences, and unique vessel characteristics all play a role in determining the final price. Transparency regarding any uncertainties in the valuation is essential.