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Meet Billionaire Owner Of The World's Most Expensive Yacht Amevi; It's Worth Rs 1,000 Crore

It's not news that the world's top billionaires own ridiculously expensive things, from luxury cars to opulent houses and private jets. We have all witnessed that the ultra-rich have a penchant for all things luxury.

But the world's most expensive yacht, the Amevi superyacht, can put even the most extravagant things. And it is owned by none other than the steel magnate Lakshmi Mittal.  Here's all about Amevi.

All about  superyacht  Amevi

Mittal owns a 262-metre Amevi superyacht worth around Rs 1,000 crore. The yacht has a swimming pool, gymnasium, spa and cinema hall. Amevi features a magnificent sky lounge, offering panoramic views and a large terrace to get to the sun decks. It also features a massage room, salon, helipad, and stabilised pool table.

The Amevi superyacht was built in 2007 by Oceanco, a shipyard based in the Netherlands and designed by Nuvolari Lenard. Oceanco is a team of experts who merge the expertise of old-world Dutch craftsmanship with cutting-edge technology to create unparalleled masterpieces.  

Renowned luxury yacht designer Alberto Pinto has designed the interiors of Amevi. It accommodates 16 guests in its 8 VIP rooms and can carry over 20 crew members.

The owner's suite on the upper deck features a cut above the rest with a full-beam design. It also includes a lounge and private outdoor space with two jacuzzis.

The yacht has twin MTU 16V 595 TE70 engines with a total power of 9,100 HP (6,800 kW). The yacht reaches a maximum speed of 18.5 knots or 34.3 kmph, with a cruising speed of around 14 knots or 26 kmph.

Ranked the 7th richest Indian globally, Mittal has embarked on voyages to India, Spain, Gibraltar, and Norway aboard his lavish yacht.

Most expensive yachts by Indian billionaires

Other prominent Indian billionaires who possess yachts include Mukesh Ambani, Anil Ambani, Adi Godrej and Gautam Singhania, among others.

Mukesh Ambani, Asia's richest man, reportedly owns an ultra-luxury yacht shaped like a horseshoe, boasting a mind-boggling cost of $100 million. Stretching an impressive 58 meters, the yacht is replete with luxurious amenities, including private suites, a spa, a 25-meter swimming pool, and a lounge bar.

Not to be outdone, his younger brother Anil Ambani, accompanied by his wife Tina Ambani, also purchased a yacht named TIAN, though the exact cost, rumoured to be around Rs 200 crore, remains undisclosed.

Former billionaire Vijay Mallya once used to own a yacht named the Empress of India, which he had bought for an undisclosed amount in 2006. Mallya said in 2018 that the 95-metre yacht was sold for 43.5 million.

For more on news and current affairs from around the world, please visit  Indiatimes News.

Senior Writer at Indiatimes. She writes on International Affairs and human interest stories shared on social media.

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Vanisha Mittal Bhatia: You won’t believe the wedding, yacht and house

Vanisha Mittal Bhatia, an influential figure in the steel industry and the business world, was born into a legacy of steel and success.

Her story starts as the daughter of Mr. Lakshmi N. Mittal, a world-renowned business magnate, and the sister of Mr. Aditya Mittal.

She was born in India, a country whose vibrant culture and deep-rooted traditions helped shape her character and influence her perspective on business and life.

Vanisha Mittal Bhatia’s Educational Background

Vanisha Mittal Bhatita’s educational background is as impressive as her family lineage, having obtained a Bachelor of Sciences degree from the European Business School.

This gave her a solid grounding in business fundamentals and stoked her ambition, preparing her for the road ahead in the corporate world.

Vanisha Mittal Bhatia’s Career

In June 2004, Vanisha Mittal Bhatia’s journey took a pivotal turn when she was appointed as a member of the Board of Directors for LNM Holdings.

This role gave her a firsthand experience of the operational dynamics at the heart of a multinational business and honed her leadership skills.

A few months later, in December 2004, she moved up the ranks and was appointed to Mittal Steel’s Board of Directors.

In this capacity, she worked in the Procurement department, spearheading various initiatives including the innovative “total cost of ownership program.” Her efforts in this role cemented her reputation as a forward-thinking and strategic leader.

Further expanding her influence in the industry, Vanisha joined Aperam, a global player in stainless, electrical and specialty steel, in April 2011.

Since then, she has held the critical position of Chief Strategy Officer, demonstrating her ability to set and implement strategic vision at a corporate level.

Most recently, she has served as a non-independent Director of ArcelorMittal, the world’s leading steel and mining company.

In this role, she continues to push the boundaries of her family’s empire, helping to guide the company’s strategic direction and maintain its position on the global stage.

Vanisha Mittal Bhatia’s Wedding

Guinness World Records lists the wedding of Vanisha Mittal and investment banker Amit Bhatia as the most expensive of all time.

The US$55 million forked out for the six-day extravaganza in 2004 is nearly double what was spent on Prince William and wife Catherine’s wedding ($34 million) in 2011.

The guests at the event in Versailles were entertained by world famous performers including Shah Rukh Khan and Kylie Minogue, who was reportedly paid $330,000 to perform for 30 minutes.

The accommodation and travel expenses of all of the 1,000 guests were covered by the Mittal family.

The married couple went on to have three children, but after nearly a decade in wedlock, Amit and Vanisha reportedly divorced, although details were kept private.

Vanisha Mittal Bhatia’s father

Nothing quite highlights that more than observing her father, Lakshimi Mittal, as he holidays through Europe.

On a quiet August morning in the sun-drenched port of Monaco, the Indian steel tycoon is arriving for lunch.

The diamond-studded populace of the tiny, yet enormously wealthy country is accustomed to wild displays of opulence, but even they stop to watch as the billionaire’s $125M super yacht is graciously reversed into the docks – its dozen or so crew members being ever so careful to prevent any scarring of the vessel’s immaculate exterior.

Onlookers can achieve no such glimpse inside the boat, but if Lakshmi Mittal’s taste in houses, cars and weddings are anything to go by, they can be assured no expense has been spared.

Lakshmi Mittal’s Net Worth

Lakshmi Mittal’s net worth is estimated at US$19.2 billion, making him one of the world’s richest men.

The 71 year old studied at St Xavier’s College in Kolkata before amassing his fortune by founding steel company ArcelorMittal, of which he remains Executive Chairman and owns a 38% stake.

According to Bloomberg , the Luxembourg-based company has mining, energy and refining operations in 60 different countries and in 2020 had revenue of $53.3 billion.

In 2005, Forbes listed Mittal as the third richest-person in the world, while in 2015, The Sunday Times named him Business Person of the Year and Time Magazine included him in their Time 100 list.

Lakshmi Mittal’s Houses

Lakshmi Mittal’s house in London’s Kensington Gardens was purchased from Formula One boss Bernie Ecclestone in 2004 for £67 million and is regarded as one of the world’s most expensive homes.

The home is said to have 12 bedrooms, Turkish baths and enough space for 20 cars. The building is famous for containing marble from the same quarry as the Taj Mahal.

Mittal also owns a bungalow in one of the most exclusive streets in New Delhi, India, which he purchased for US$30 million.

Lakshmi Mittal’s Yacht

Lakshmi Mittal’s superyacht ‘Amevi’ was built at the Oceano shipyards in the Netherlands in 2007 and at 80 metres long is one of the largest in the world.

It is said to be worth around $125 million and costs a further $10-$12 million a year to run.

The interior features eight separate sleeping cabins, marble-lined bathrooms and a jacuzzi.

In the northern hemisphere summer of 2021, Mittal was seen holidaying in the yacht in Monaco with his partner and another couple, with the boat staffed by more than a dozen crew members.

Mittal Family’s Philanthropy

Lakshmi Mittal donated $9 million to India’s Olympic efforts after the country won only one medal in both the 2000 and 2004 Olympic Games.

Through the “Mittal Champions Trust,” he supported ten of the most promising Indian athletes and in 2008 was recognised for getting India its first individual Olympic gold medal.

Lakshmi Mittal Quotes

Here are some of inspirational quotes attributed to Lakshmi Mittal:

“Always think outside the box and embrace opportunities that appear, wherever they might be.”

“Everyone experiences tough times, it is a measure of your determination and dedication how you deal with them and how you can come through them.”

“Hard work certainly goes a long way. These days a lot of people work hard, so you have to make sure you work even harder and really dedicate yourself to what you are doing and setting out to achieve.”

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Ambani's Jets, Mittal's Yachts: Luxurious Rides Of The Ultra-Rich

Who Owns What

Private yachts and customised planes. Check out the travel modes of the jet set that double up as meeting venues, party hangouts and spots to host special occasions. For those Indians — and those with desi roots — who are counted among the world’s wealthy, island hopping in Europe aboard their customised 200-feet yacht or taking off in their bespoke jet across the continent are but a way of putting a monogram on their commute. Take a look at the rides of the jet set:

Lakshmi Mittal’s Amevi

In 2014, this London-based billionaire was spotted relaxing on the Greek island of Mykonos, dressed casually in a white T-shirt and baggy shorts. A newspaper report speculated that while Mittal lounged on the beach alongside other tourists, his 262-feet-long yacht Amevi was parked in the waters nearby. Some amenities on board: Sun decks, a heated swimming pool, a cinema, a gym, a massage room, a hairdressing salon as well as a unique, stabilised pool table to name a few.

Mukesh Ambani’s Boeing Business Jet

More than a decade ago, it was reported that Ambani gifted his wife, Nita, a private jet on her 44th birthday. It was said at the time that this jet was “custom-fitted with an office and a cabin with game consoles, music systems, satellite television and wireless communication. It also has a master bedroom, a bathroom with a range of showers and a bar with mood lighting”. As his personal ride, Ambani reportedly favours a Boeing Business Jet. “Most often, they want access to the same amenities in the air.” That’s how the airplane maker describes their customer’s requirement, a.k.a, a flying home, as that’s what’s wanted.

Ravi Ruia’s Sunrays

“The ultimate guest and owner’s yacht.” That’s how the captain of Sunrays, delivered in March 2010 describes it. According to a description of the yacht available on the Oceanco’s website, “The upper deck is given over to the owner’s suite and an adjacent VIP suite that can be combined to create one expansive living area. Both suites have fold-down sea balconies. The owner’s exterior foredeck hosts a whirlpool and sunbathing area. The remainder of the yacht’s accommodations for up to 16 guests is on the main deck with one VIP stateroom and four guest cabins.” The large dining room can be converted into a video conference room with the optional use of the adjacent library. Foldable sea balconies provide guests unimpeded views while dining.

Kumar Mangalam Birla’s Cessna Citation

A blog published by an apparel brand, owned by the Aditya Birla Group, documented the private jets of India’s rich and famous. The listicle included the jets owned by Birla, the Group’s chairman. It said, “Few people know that this sharp, business-minded entrepreneur also has a sweet tooth, when it comes to sweet flying machines, with his Gulf Stream (G100) and Cessna Citation...It’s believed that Citations are the world’s most established, well-liked and most trusted fleet of business jets. The jet has high-tech design of pilot-friendly flight decks and luxury cabin interiors. Birla is often spotted taking a ride in his luxurious aircrafts.”

Sunil Vaswani’s Platinum

This Dubai-based billionaire’s yacht is apparently a fixture in the Mediterranean and was even spotted at the French Riviera around the time that the Cannes Film Festival was held this year, with others in the list for company. Vaswani, who is considered to be one of the richest Indians in the Gulf Cooperation Council (GCC) countries, was once described as he “who lives on multiple continents and sails the Mediterranean each summer in an all-purpose luxury yacht”. The logo of the Stallion Group, which he heads, adorns the yacht.

Ratan Tata’s Dassault Falcon 2000

Tata’s love for aviation is an open secret. But he is perhaps one of the handful of billionaires in the world who not only owns a private jet, but even flies one. “A lot of people know that Ratan Tata owns a Dassault Falcon 2000 private jet but, what they do not know is that since Tata is a trained pilot, he even flies his own private jet and other jets owned by the Tata group,” said an earlier report.

Reuben Brothers’ Siren

“While watching the boat slowly taking shape in Rendsburg, we suddenly became aware of how seductive and mysterious she seemed. We just knew then that we had to call her SIREN and we are absolutely delighted with the result.” That’s the quote attributed to the owner of the 241 feet-long Siren, on the website of Nobiskrug, the German company that built the yacht. Presumably the owner quoted in question is either David Reuben or his brother Simon. Commonly referred to as the Reuben Brothers, they trace their roots back to Mumbai, and are counted among the UK’s richest individuals. Theirs is an award-winning superyacht with a foldable helicopter platform, that can double up as “a sundeck, a dance floor or a stage”.

Adar Poonawalla’s Gulfstream G550

Earlier this year, this scion became the first Indian to take delivery of a fully customised, ACH145 helicopter by Airbus. While his new ride, with a seating capacity of eight is great for covering relatively shorter distances, his Gulfstream G550 aircraft is reportedly his transportation of choice for long-haul journeys. In an earlier interview, Poonawalla had said, “With a 13-hour range, it (his jet) can take me to anywhere in the world with a single halt.” The report further added, “The plane can also come in handy when he (Poonawalla) craves continental food and in case he wants to fly in Michelin star chefs to cook for his friends and him.”

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Lakshmi Mittal

Unternehmer

Quelle: ArcelorMittal

vom 30.03.2017 Quelle: Forbes

Self-Made Level

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Infografik Lakshmi Mittal

Lakshmi Niwas Mittal wurde am 15. Juni 1950 in Sadulpur, Indien geboren. Er hat zwei Brüder, Pramod und Vinod und eine Schwester, Seena. Sein Vater Mohan Mittal war der Besitzer von Nippon Denro Ispat, einem kleineren indischen Stahlunternehmen.

Lakshmi Mittal studierte Volkswirtschaftslehre an dem St. Xavier’s College in Kalkutta und machte hier seinen Abschluss als Bachelor of Commerce.

Unternehmertum

Nach seinem Studium arbeitete Mittal zunächst im väterlichen Betrieb. Die Familie erwarb für 1,5 Mio. $ ein marodes, indonesisches Stahlwerk und Lakshmi sollte dieses ab 1976 sanieren. Er gründete PT Ispat Indo und legte hiermit den Grundstein für sein späteres Stahlimperium.

1989 dehnte er seine Geschäfte, unter dem Namen Carribbean Ispat, auf Trinidad und Tobago aus und akquirierte Unternehmen in Mexiko.

Mittals Akquisitionen wurden weltweit umgesetzt und so kaufte er unter anderem 1995 die Hamburger Stahlwerke und benennt diese in Ispat Hamburger Stahlwerke. 1997 wurde Werk in Duisburg Hochfeld von ThyssenKrupp gekauft. Die Expansion des Unternehmens wurde in weiten Bereichen Europas sowie in Kanada, China und Südafrika fortgesetzt.

2006 fusionierte Mittal und Arcelor zum größten Stahlproduzenten ArcelorMittal.

Die expansive Wachstumsstrategie wurde auch nach der Fusion in 35 Transaktionen weiter fortgesetzt. Während der Finanzkrise 2008 wurden dann die meisten Investitionen ausgesetzt.

Die Wachstumsbestrebungen von Lakshmi Mittal setzten sich jedoch schon bald fort. So bekundete er sehr früh Interesse an dem verlustreichen Thyssen-Krupp Stahlwerk in Calvert, Alabama. Im November 2013 gelang dann einem Konsortium von ArcelorMittal und Nippon Steel der Kauf für 1,55 Mrd. $, weit unter den Erstellungskosten.

Mittal konnte auch mit diesem Kauf die Branchenführung seines Unternehmens unterstreichen und seine Expansionsfähigkeit beweisen. Es gelang ihm ein weltweites Stahlimperium mit mehr als 200.000 Mitarbeitern zu errichten.

Mit seinem Vermögen zählt Lakshmi Mittal zu den ganz Reichen der Welt. Auf die Forbes-Liste 2017 schafft er es auf Rang 56.

Seine Privat-Superyacht ist die 80m lange und 150 Mio. $ teure Amevi . Sie zählt zu einer der größten Yachten weltweit und bietet Platz für 16 Gäste und eine Besatzung von 22 Personen. Alleine der Unterhalt dieser Yacht beträgt 10 Mio. $ pro Jahr (ohne eine gefahrene Seemeile).

Menschen mit dem entsprechenden Budget können diese Super-Yacht für private Zwecke chartern.

Lakshmi Mittal ist mit Usha Mittal verheiratet und hat zwei Kinder, Aditya Mittal (*1976) und Vanisha Mittal (*1980).

Die Hochzeit seiner Tochter Vanisha, im Schloss Versailles, im Jahr 2004, gilt mit Kosten von mehr als 60 Mio. Euro, als die zweitteuerste der Geschichte.

Für sein Ferienhaus in der Nähe von St. Moritz investierte er etwa 100 Mio. Euro.

Wohltätigkeit

Mittal gründete den Mittal Champions Trust, zur indischen Sportförderung und stiftete hierfür 9 Mio. $. Darüber hinaus investiert er in Bildung und machte eine Spende über 19 Mio. $ an das Great Ormond Street Hospital in London, um das Mittal Children’s Medical Centre zu gründen

Heutige Tätigkeit

Lakshmi Mittal ist Vorsitzender und CEO von ArcelorMittal, Eigentümer von Karrick Limited und Miteigentümer der Queens Park Rangers.

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