© Courtesy of The Maltese Falcon
- The Cannes Film Festival not only attracts the world’s most famous movie stars, but also some of the most expensive yachts on the planet.
- Forbes has published a running list of all of the billionaire-owned yachts that have been spotted on the Côte d’Azur so far.
- We’ve rounded up some of the most impressive and expensive ones.
- Visit Business Insider’s homepage for more stories.
The Cannes Film Festival attracts some of the world’s most famous actors each year, who attend glitzy premieres and A-list parties fuelled by plenty of Champagne.
As a year-round destination for yachts, the festival, which takes place at the Palais des Festivals in Cannes, France from May 14 to May 25, also brings in some of the world’s most impressive — and expensive — vessels.
Forbes is yacht-spotting live from Cannes, readily updating a list of of more than 50 super-rich yacht owners who have descended on the Côte d’Azur for the festival.
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The vessels on the list include those which have been spotted in Monte Carlo, Cap d’Antibes, Marseilles, La Ciotat, and St. Tropez.
We’ve rounded up some of the most impressive billionaire yachts that have been spotted at the Cannes Film Festival so far this year, ranked in ascending order by estimated cost or value.
Atlantis II — $100 million
DarthArt / Getty
Owned by the family of shipping magnate Stavros Niarchos, this 380-foot yacht is currently in Monaco, according to Forbes. SuperYachtFan values it at $100 million.
Romea — $120 million
Yacht Harbour
The 268-foot Romea, owned by Russian metal billionaire and investor Alexander Nesis, can currently be found in La Ciotat. Its estimated value is $120 million.
Musashi — $130 million
romanboed / Flickr
Also in La Ciotat is Musashi, Oracle founder Larry Ellison’s 287-foot yacht, which is reportedly worth $130 million.
See the rest of the story at Business Insider
See Also:
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- The top 15 countries with the most billionaires, ranked
Source: Business Insider – amillington@insider.com (Alison Millington)