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A Closer Look at the $300 Million Superyacht Al Said
Have you ever wished that you could own your very own superyacht? Well, how about one that’s the 7th longest yacht in the entire world and accommodates more guests and even many more professional crew members than almost all of the other yachts in the world ? In fact, you might not even have enough friends on earth to fill this massive yacht! And, all you have to be is a Sultan to be able to afford it! Then, you could travel the oceans of the world in comfort and luxury and never have to go back home and live the regular life! Hmm, we can certainly dream about the good life, can’t we?
Built by Lurssen
According to Superyacht Times , the motor yacht Al Said was ordered in 2006 and then it was built by Lurssen . Her code name at that time was Project Sunflower during her construction. Once completed, she was named after her very wealthy owner. She’s one of the largest superyachts in the world , especially when measured by volume. She accommodates an amazing 65 guests plus 140 crew members and was designed by world-renowned yacht designer, Espen Oeino. She’s powered by two MTU marine engines that create a total of 22,000 horsepower for a cruising speed of 14 knots.
Delivered in 2008
The superyacht Al Said was delivered in 2008 to the Sultan of Oman. She replaced a smaller mega- yacht that, at one time, had the exact same name. At an amazing 155m, she has six exceptionally large decks and both her exterior and interior are quite striking. They were designed by Espen Oeino International. That’s actually the same company responsible for the designing of the 127m mega-yacht called Octopus.
A Steel Hull & 25 Knots to Boot!
The Al Said sports a steel hull and an aluminum superstructure. She has a beam of 24m (78.74ft) and a draft of 5.20m (17.06ft). This is a superyacht that’s capable of doing 25 knots flat-out and also has a cruising speed of 22 knots.
Lots of Guests & Crew
According to reports, this superyacht is capable of accommodating up to 70 guests and 154 professional crewmembers for ensuring the ultimate in relaxed luxury yacht experiences for all guests onboard. She also features a massive concert room that accommodates an entire 50-piece orchestra! Now, that’s something you probably won’t find on any other superyacht!
Based in Muscat
According to the Robb Report , the majority of the time, the Royal Yacht Al Said will be based in the Sultan Qaboos Port, which is near Muscat. When the royal yacht does travel anywhere, she does so with an escort and that escort is the Oman Navy. Now, how many yachts do you know of that have their own royal Navy escort?
About the Owner
The owner of the Royal Yacht Al Said is the Sultan of Oman (and all of its Dependencies) after rising to power by overthrowing his own father, Said bin Taimur during a 1970 palace coup. (What a nice guy, right?) He’s also the 14th-generation descendant of the Al Bu Sa’idi dynasty’s founder. Oman (aka the Sultanate of Oman) is, of course, an Arab country in the Middle East that lies on the southeastern coast of the Arabian Peninsula as well as on the Persian Gulf. As you may have already guessed, it’s an absolute monarchy, which was once known as the Sultanate of Muscat and Oman. It also once included portions of what is now the United Arab Emirates and certain parts of Pakistan. This also a country with very close ties to Saudi Arabia, often functioning as an impartial mediator between Saudi Arabia and countries like Qatar and Iran or Qatar. In addition, the country has a Royal Military Academy that is really highly-regarded.
The Sultan’s full title is Sultan Qaboos bin Said Al Said and, he also owns eight palaces and three luxury yachts. Besides the Al Said, he also owns the Loalat al Behar and the Fulk al Salamah. The Loaloat Al Behar was the prior Al Said, which was a gift to the Ministry of Tourism of Oman and has been recently refitted and repainted. The Fulk Al Salamah Yacht functions as a support vessel for the Royal Yacht Al Said. She was built in Italy at the Mariotti shipyard and delivered in 2016. At 150 meter (492 ft) she’s actually almost as big overall as the yacht Al Said and one of the largest superyachts worldwide.
Other Royal Toys
Sultan Qaboos bin Said al Said is also the owner of a Boeing 747 private jumbo jet, (registration A4O-OMN), which was built in 2001. In addition, he owns another 747 that was built in 2012 (registration A4O-HMS). However, since it wasn’t painted with the ‘royal colors’, he mainly uses his older jet.
Sultan of Oman- Net Worth
Sultan Qaboos al Said’s net worth is estimated to be in excess of US$ 1 billion. (Not bad.)
Superyacht Al Said Specs
- Type: Motor Yacht
- Model: Custom
- Builder: Lurssen Yachts
- Naval Architect: Lurssen Yachts
- Exterior Designers: Espen Oeino
- Interior Designer: RWD
- Year Built: 2008
- Hull #: 13644
- Hull Color: White
- Length Overall: 155.00m (508’6″ft)
- Beam: 24.00m (78’8″ft)
- Maximum Draft: 5.20m (17’0″ft)
- Gross Tonnage: 15,850
- Accommodations-
- # of Guests: 70
- Crew accommodations: 154
- # of Cabins: 30 cabins total
- Construction-
- Hull Material: Steel
- Superstructure: Aluminum
- Decks #: Six
- Quantity: 2
- Fuel Type: Diesel
- Engines Manufacturer: MTU Marine Engines
- Power per engine: 10996hp / 8200kW
- Total Power: 21992hp / 16400kW
- Performance & Capabilities-
- Max Speed: 25.00 knots Cruising Speed: 22.00 knots
Not For Charter
This yacht is not for charter. However, if you would like to see this yacht’s current location in real-time, just go to this site. That way, you could live vicariously thru the Sultan, his guests, and crew members. Sure, it would be better to be there but tracking its location just might have to suffice for today.
Garrett by trade is a personal finance freelance writer and journalist. With over 10 years experience he's covered businesses, CEOs, and investments. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world.
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$300 Million Yacht of Sanctioned Russian Oligarch Suleiman Kerimov Seized by Fiji at Request of United States
Fijian law enforcement executed a seizure warrant freezing the Motor Yacht Amadea (the Amadea), a 348-foot luxury vessel owned by sanctioned Russian oligarch Suleiman Kerimov. Fijian law enforcement, with the support and assistance of the FBI, acted pursuant to a mutual legal assistance request from the U.S. Department of Justice following issuance of a seizure warrant from the U.S. District Court for the District of Columbia, which found that the Amadea is subject to forfeiture based on probable cause of violations of U.S. law, including the International Emergency Economic Powers Act (IEEPA), money laundering and conspiracy.
The U.S. Treasury Department’s Office of Foreign Assets Control designated Kerimov as part of a group of Russian oligarchs who profit from the Russian government through corruption and its malign activity around the globe, including the occupation of Crimea. In sanctioning Kerimov, the Treasury Department also cited Kerimov as an official of the Government of the Russian Federation and a member of the Russian Federation Counsel.
According to court documents, Kerimov owned the Amadea after his designation. Additionally, Kerimov and those acting on his behalf and for his benefit caused U.S. dollar transactions to be routed through U.S. financial institutions for the support and maintenance of the Amadea.
“This ruling should make clear that there is no hiding place for the assets of individuals who violate U.S. laws. And there is no hiding place for the assets of criminals who enable the Russian regime,” said Attorney General Merrick B. Garland. “The Justice Department will be relentless in our efforts to hold accountable those who facilitate the death and destruction we are witnessing in Ukraine.”
“Last month, I warned that the department had its eyes on every yacht purchased with dirty money,” said Deputy Attorney General Lisa O. Monaco. “This yacht seizure should tell every corrupt Russian oligarch that they cannot hide – not even in the remotest part of the world. We will use every means of enforcing the sanctions imposed in response to Russia’s unprovoked and unjustified war in Ukraine.”
“This seizure demonstrates the FBI's persistence in pursuing sanctioned Russian oligarchs attempting to evade accountability for their role in jeopardizing our national security,” said FBI Director Christopher Wray. “The FBI, along with our international partners, will continue to seek out those individuals who contribute to the advancement of Russia’s malign activities and ensure they are brought to justice, regardless of where, or how, they attempt to hide.”
“This seizure of Suleiman Kerimov’s vessel, the Amadea, nearly 8,000 miles from Washington, D.C., symbolizes the reach of the Department of Justice as we continue to work with our global partners to disrupt the sense of impunity of those who have supported corruption and the suffering of so many,” said Director Andrew Adams of Task Force KleptoCapture. “This Task Force will continue to bring to bear every resource available in this unprecedented, multinational series of enforcement actions against the Russian regime and its enablers.”
“The U.S. Marshals Service will continue to contribute our expertise in support of Task Force efforts to take possession of seized assets of Russian oligarchs during these forfeiture operations,” said Director Ronald L. Davis of the U.S. Marshals Service.
The seizure was coordinated through the Justice Department’s Task Force KleptoCapture, an interagency law enforcement task force dedicated to enforcing the sweeping sanctions, export controls, and economic countermeasures that the United States, along with its foreign allies and partners, has imposed in response to Russia’s unprovoked military invasion of Ukraine. Announced by the Attorney General on March 2 and run out of the Office of the Deputy Attorney General, the task force will continue to leverage all of the department’s tools and authorities to combat efforts to evade or undermine the collective actions taken by the U.S. government in response to Russian military aggression.
Upon receipt of a mutual legal assistance request from the United States, Fijian authorities executed the request, obtaining a domestic seizure warrant from a Fijian court.
The Amadea, International Maritime Organization number 1012531, is believed to be worth approximately $300 million or more. The yacht is now in Lautoka, Fiji.
This matter is being investigated by the FBI’s New York Field Office with assistance from the FBI Legal Attaché Office in Canberra, Australia, the Department of State’s Diplomatic Security Service, and the U.S. Embassy in Suva, Fiji.
Trial Attorney Andrew D. Beaty of the National Security Division’s Counterintelligence and Export Control Section and Trial Attorney Joshua L. Sohn of the Criminal Division’s Money Laundering and Asset Recovery Section are handling the seizure. The Justice Department’s Office of International Affairs, the U.S. Attorney’s Office for the District of Columbia, Customs and Border Protection, and the U.S. Marshals Service provided significant assistance. The United States thanks the Fijian authorities for their cooperation in this matter.
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The crew of a $300 million yacht linked to a Russian oligarch is 'refusing to sail' with US officials trying to seize it, report says
The US has been attempting to seize a $300 million yacht linked to a Russian oligarch for weeks.
But the crew is "refusing to sail" with US authorities, according to court documents viewed by CBS .
The crew fears that cooperating would ruin their reputation in the yacht industry, the outlet reports.
The crew of a $300 million superyacht linked to a sanctioned Russian oligarch is "refusing to sail" with US authorities who are attempting to seize the vessel, according to court documents obtained by CBS News .
For weeks, US officials have struggled to seize the Amadea, a luxury superyacht docked in Fiji that the Justice Department says is owned by Russian billionaire Suleiman Kerimov. The lengthy legal process was further complicated on May 7, when the ship's crew declined to aid US authorities on the ship's departing voyage, CBS reported.
The reasoning behind the crew's refusal was two-fold, according to CBS' reporting based on a sworn affidavit from the ship's British captain, John Walsh.
The first is that the crew members are no longer being paid to sail the Amadea because the owner's funds have been frozen. On top of that, the crew is worried that breaching its employment contract by working with US law enforcement could ruin their professional reputation, the report says.
"In short, the current crew of the Amadea are refusing to sail on the Amadea with the U.S. authorities to an unknown destination," Walsh wrote, per CBS.
Following the incident, the US appears to have hired a new crew for the ship. However, the boat's captain repeatedly rejected having new crewmembers on board due to a lack of proper "vetting," CBS reports.
The 348-foot Amadea, equipped with a helipad, pool, and eight cabins, is one of the largest superyachts in the world.
Kerimov, its alleged owner, was sanctioned by the US in 2018 and is said to have "close ties" to Russia's president Vladimir Putin. The billionaire gold magnate is one of dozens of oligarchs whose foreign assets have become chess pieces in the West's response to Russia's invasion of Ukraine.
So far, the US has fallen behind its European allies when it comes to seizing the sanctioned billionaires' "ill-gotten gains," an economic punishment officials hope will turn the country's elite against Putin.
Lawyer Feizal Haniff argued that the ship's true owner is a Russian oil executive named Eduard Khudainatov, who is not sanctioned. On Friday, a Fijian court dismissed the lawyer's appeal that was preventing the ship's seizure. He has a week to appeal the decision.
Read the original article on Business Insider
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Ecco lo yacht da mezzo miliardo dell'oligarca Melnichenko, il gigante del mare "congelato" a Trieste
La Finanza congela il terzo megayacht da mezzo miliardo: è quello dell'oligarca Melnichenko
Le lamentele degli oligarchi con putin per i maxi-sequestri.
Le immagini aeree parlano chiaro e si capisce subito perché " Sailing Yacht A " è considerato la barca a vela privata più grande del mondo. Vista dall'alto e fuori dall'acqua, in rimessaggio nel porto di Trieste, rende ancor più l'idea della sua imponenza. Come già anticipato da Il Tempo, l'avveniristico panfilo a vela del valore di 530 milioni di euro , è stato "congelato" ieri sera dalla Guardia di finanza in virtù delle sanzioni dell'Unione europea che hanno colpito industriali e imprenditori russi, i cosiddetti oligarchi. Lo yacht si chiama "A" come il suo proprietario: Andrey Melnichenko , 50enne russo a capo del gruppo EuroChem (fertilizzanti) e dell'impresa Suek (carbone), e della moglie serba Alexandra Nicolic , ex modella e cantante della banda pop "Models".
Caccia all'oro russo. Yacht e mega-ville: gli oligarchi pagano pegno. E parte la ricerca di conti e depositi
Il nome di Melnichenko è stato inserito il 9 marzo nella black list del Consiglio dell'Ue, che conta al momento 862 persone fisiche e 53 persone giuridiche. "Sailing Yacht A", costruito nel 2017 a Kiel (in Germania), batte bandiera britannica ed è lungo 142 metri , ha tre alberi: quello maestro è alto 90 metri. Solo la parte emersa dello scafo equivale in altezza a un palazzo di otto piani . Le sue vele hanno una superficie superiore a quella di un campo di calcio. Ha 8 ponti, un eliporto , una palestra, un'enorme piscina con spa e nella chiglia ospita una capsula di osservazione subacquea con un vetro spesso un piede. Può accogliere una sessantina di passeggeri, tra ospiti ed equipaggio, e contiene svariati tender, tra i 12 e i 16 metri. All'interno sono installate 40 telecamere di sicurezza a circuito chiuso.
Il magnate 50enne ha un altro "gioiello del mare" che per il momento si è salvato dal "congelamento". Fino al 4 marzo era attraccato a Dubai. Si chiama " Motor Yacht A ", sempre in onore dell'iniziale dei coniugi Melnichenko, e vale circa 300 milioni di euro. Come "Sailing Yacht A", è stato disegnato da Philippe Stark . Misura 119 metri, ha tre piscine a bordo (una con il pavimento trasparente), sette cabine di lusso con letti rotanti, divani in pelle e vetri antiproiettili. Costruito nel cantiere di Kiel, in Germania, è stato varato nel 2008.
Il patrimonio del miliardario comprende anche un boeing 737 BBJ ("My Business Jet") del valore di 800 milioni di dollari; "Villa Altair" ad Antibes (nel sud della Francia), dove si è sposato nel 2005 con l'ex modella e cantante pop Alexandra Nicolic; la proprietà Harewood ad Ascot , in Gran Bretagna. Per quanto riguarda la villa in Costa Azzurra, le autorità francesi avrebbero la possibilità di "congelarla", ma non l'hanno ancora fatto; mentre la dimora inglese nel Berkshire non è al momento aggredibile perché Melnichenko non è presente nella black list della Gran Bretagna.
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Check out Nancy Walton Laurie's $300 million superyacht that features a helipad, swimming pool, and aquarium
- Walmart heiress Nancy Walton Laurie owns a multi-award-winning $300 million superyacht.
- "Kaos" was built by Oceanco, the same company that built Jeff Bezos' $500 million megayacht.
- The 361-foot yacht was recently spotted by a TikToker in Miami, Florida.
A superyacht owned by Walmart heiress Nancy Walton Laurie attracted attention recently after being spotted in Miami, Florida.
A TikToker posted a video of "Kaos," Walton Laurie's 361-foot luxury yacht, as it was moored outside her "front door."
"Oh wow, this thing is huge," Bridget Brick says in the video, adding that the yacht "looks like a small city."
@bridgetbrix Never a dull day in Miami, as another, mega yacht pulls up outside my front door. Did you know it’s easy to look up any information about a yacht? I learned this while in Portofino, and from this little search, you can tell who owns yachts & who rents them. 🙊 # #miami # #miamilife # #yacht # #yachts ♬ original sound - Bridget Brick
Walton Laurie, worth $7.5 billion according to Bloomberg Billionaires Index , is the youngest daughter of Walmart co-founder James "Bud" Walton. She inherited her father's stake in the company when he died in 1995.
According to Bloomberg , she has a stake of less than 5% in Walmart, with the rest of the family's holding controlled by her sister, Ann Walton Kroenke.
Walton Laurie is the founder of a New York-based dance group called the Cedar Lake Contemporary Ballet. She also owns a dance studio located in Columbia, Missouri called the Columbia Performing Arts Centre.
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According to Yacht Bible , Kaos has four decks and room for 31 guests as well as 45 crew, with the largest deck boasting a swimming pool and even an aquarium.
It also has a large cinema, sauna, and full spa facilities, the site says.
Photos shared by the Superyacht Times appear to show other features such as a helipad, a jacuzzi, and storage space for a smaller boat.
"Kaos" was built in the Netherlands by Oceanco, a custom yacht builder which also constructed Amazon founder Jeff Bezos' $500 million megayacht .
"Kaos" was previously named "Al Menwar" by the House of Thani, the Qatari royal family, per the Yacht Bible.
The yacht was fully refitted in 2020 by Luerssen in Hamburg, Germany, per the Yacht Bible, while the interior was redesigned with help from Reymond Langton Design.
Walton Laurie reportedly also owns another lavish superyacht called "Secret," according to Robb Report .
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Abramovich si è regalato un nuovo mega yacht di 140 metri. Il costo? Mezzo miliardo
Il magnate russo roman abramovich è l’armatore di un nuovo megayacht lungo 140 metri. si chiama solaris e stanno iniziando a girare le prime immagini.
IL NUOVO YACHT DI ABRAMOVICH
Lo yacht di abramovich sarà il più costoso del 2021.
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- Jun 13, 2023
Tom Brady Hits Drone Off Top Deck of MrBeast’s $300 Million Yacht
Some of the biggest boaters in the biz are making headlines again.
We've long followed the boating journey of NFL great Tom Brady , who signed with the Tampa Bay Buccaneers in 2020 and immediately picked himself up a sweet ride -- a Dutch-built Wajer 55 .
Tom apparently dove headlong into the #BoatLife , because he not only brought the boat to his own Super Bowl parade , he quickly came down with 'footitus' and upgraded to a Wajer 77 .
If you're unfamiliar with the burgeoning Dutch brand, Wajer yachts are about the sleekest thing on the water. They're not cheap, either. Price isn't a huge detractor for Brady, who signed a $50 million contract with Bucs when he first moved to Florida, but you're not gonna see many Wajers down at your local launch ramp.
Then there's MrBeast , beloved YouTuber and millenial influencer. MrBeast, real name James Donaldson, had modest beginnings to his boating career -- most notably hosting a hysterical competition with his pals to give away a 1985 Bayliner Ciera . Hey, we all start somewhere.
But the Beast has also come down with footitus recently. It started last week with a video depicting him and his friends touring yachts ranging from $1 to $1 billion . Honestly, we had high hopes for the $1 yacht, it seemed like a bargain. Until it sank. But it also explains where Donaldson's footitus kicked into high gear -- because he turned up this week with Tom Brady aboard a $300 million superyacht.
During their hangout, MrBeast gave Brady a challenge.
“I want to see if you can hit my drone out of the sky with a football,” MrBeast challenged. No way a 7x Super Bowl champion is backing down from that.
“If I hit the drone on the first try, maybe I should come out of retirement,” Brady offers. We wouldn't say no, maybe it'll help him afford another boat.
Brady’s daughter Vivian, however, was not as optimistic about his father’s chances, and Brady agreed, saying “I probably will miss.”
Such humility. But it's like tossing to Gronk on a slant into the corner of the end zone. Brady isn't going to miss.
As you would expect, Brady drilled the drone from the aft deck with a perfect spiral on his first throw. He then hits one of MrBeasts friends on a PWC with a perfect long ball. It's not the first time he's tossed a ball from the back of a yacht. Classic Brady.
Come out of retirement, Tom.
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The $300 Million Dollar “A” Yacht Owned By A Russian Billionaire
Well, well, well. Not everyday does a $300 million dollar mega yacht stop by the San Francisco Bay Area! The creatively named “A” yacht is owned by 38 year old Russian billionaire Andrey Melnichenko and his lovely supermodel wife Aleksandra! Andrey made his money in fertilizer, banking, and energy and is worth a reported $4.4 billion dollars. Interest alone on $4.4 billion at 4% is over $178 million a year!
The “A” looks like something out of a James Bond movie. Can you imagine all the crazy parties on this bad boy? Wow! I rode my bike to the very north end of San Francisco to take a look and boy oh boy is it big.
Some nice mouth watering yacht stats for all you billionaire wannabes out there!
* 25,000 square feet of total living space
* 2,500 square foot master bedroom suite
* 160 foot long main hallway
* 62 feet wide
* 6 cabins in addition to the owner's master bedroom suite
* 3 speed boats
* 3 mini swimming pools
* A crew of 37 and staff of 5
* Can outrun pirates (or the Russian IRS) with a top speed of 24 knots
* Costs $500,000 to fill up the tank of gas
* Costs $20 million a year to operate
* A secret escape pod to outrun the pirates or the Russian IRS
* A secret “nookie” room for indiscretions with other super models
TOTAL INSPIRATION
Some people might say this $300 million yacht is an absolute monstrosity and that $300 million could have been spent helping save the world. Yes, Andrey could have spent the $300 million on someone else, but shouldn't he have the right to occasionally indulge? Andrey already donates millions of dollars a year to charity and he's living the dream because he can.
I used to drive to the toniest of neighborhoods in San Francisco and walk around the neighborhood just admiring the mansions. Whenever I felt down and out, these mansions would pick me up. If you happen to be in San Francisco, tell the cab driver to drop you off at Broadway St. and Lyon. Bring your running shoes too as you'll arrive at one of San Francisco's most popular workout routine.
The street is littered with $25-50 million houses and I just gawk in amazement. Do I envy these mega millionaires? Not at all. They give me inspiration to work harder and make it on my own.
YOU KNOW YOU WOULD TO
I don't know about you, but if I was worth $4.4 billion dollars I'd happily own this mega yacht as well. Furthermore, I'd probably own 20 different properties around the world where I'd sail to for 6 months of the year. Of course, for the other 6 months of the year I'd be building my online blogging endeavors so I can diversify my income stream (I kid)!
Oh yeah, I forgot one thing. If I were a billionaire and owned this mega yacht, I'd immediately fly over all the members of The Yakezie Network and party it up all weekend long! OK, all month long!
Readers , if you were a billionaire, what kind of indulgences would you splurge on? What are some of the things the rich do to inspire you? To look at more pictures of the “A” yacht, check out the WSJ's feature!
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Financial Samurai
64 thoughts on “the $300 million dollar “a” yacht owned by a russian billionaire”.
Any chance you can provide analysis with regard to someone that wants to buy a $1.5 M yacht?
The man earned it. Let him be. The rule is that if you earned the money, you should have the right to spend it as you wish…I wish I can afford that kind of luxury…
Owning a luxury yacht no matter how capacious it might be is a privilege that a few people can afford. If you worked hard for the money that’s financing the purchase then I don’t see why you cannot splurge.
Owning multiple homes is a headache you DO NOT want.
Owning a well-buillt home is nice. I didn’t find it necessary to spend over $20million, and it would have been one quarter of that had I not built in Maui.
Owning a capacious yacht is… nice, but some people do go overboard. (Pun intended.)
The trust fund comment is the best way to ensure what you want to give keeps on giving long after you are dust, but if your investment return is only four percent then you need a new consultant – NOW.
Cheers! – Oleander
You are probably right, however I just realized that owning multiple homes is the cure for homesickness when vacationing the world!!
Cool yatch. If i have that kind of money, i’ll get myself a Jet to travel the world and ease my business trips. I’ll also drive say a maybach (my dream ride).
Nice boat :-) .. although I must say the yachts at wally.com are beyond luxury .. and priced accordingly.
you are one shallow guy and will never be satisfied in life. lets you get $10mil, then you want $100 mil, then you want $1bil, then $2bil, and so on and so on.
how old are you? still haven’t figured it out?
Yes, enjoy the fruits of your labor. But be generous and give a lot away. The best way to get more of something is to give it away freely (e.g. love, wisdom, money, etc.).
cool post! I love reading about what the ultra wealthy spend their money on!
If i were a billionaire… hmm… Well, I’d prolly try to use a lot of that money for good. I feel like if more ultra wealthy individuals where to investigate, truly look deeper into different parts poor and impoverished areas, they would be able to find so many ways to help them, with a lot less money than one might thing. For instance, supplying every public school in the inner city with actual computer for children to learn on. I remember I used a computer in elementary school ages ago, and yet I was in a public, inner city school a few months back delivering them free computers from my company because they had none. yes, none. What a world we live in!
AND I’d play tennis, wake board, surf, and go 4 wheelin alllll day:)
If I were a billionaire (although I’d be happy with multimillionaire, too!), I’d buy a home in Hawaii that had its own private beach! And I’d also purchase a larger home for myself and my family, but not as big as the mansion featured in this post! I’d love to do the interior design on a mansion — that could be a full-time job in and of itself.
wow. It’s hard to imagine what kind of life that guy lives. I think I’d get home sick being on a yacht for so many days but it would be fun to sail around the world! The design of the yacht reminds me of the Nautilus in the League of Extraordinary Gentlemen.
An old colleague who was ex-army told me:
“Hey college boy, remember this: If it floats, flies, or f***ks, then rent… don’t buy!”
8% upkeep a year on an asset is a terrible investment- it’s the opposite of the rosy stock market predictions of 8% gains a year… the only faster way to destroy wealth is getting divorced on that yacht.
That’s a good saying! However, you he can make $170 million a year risk free, and still have $4.4 billion left over every year… so why not?
This will not sound like your typical indulgence. However, if I was a billionaire, I would purchase a big production company
Thats a huge boat. You know something just happened to fall into that guys lap to get a boat that big. Some day things will be different for most of us if we change things on a personal and financial level.
I think rarely things just fall into one’s lap. We’ve got to hustle and work hard to hopefully be in the right place at the right time. This guy certainly was!
Gas guzzler indeed. $500,000 to fill the tank up!
Frankly, the billionaire is employing 37+ people for his boat, and helping the economy!
How far can he go on one tank of gas?
Great post! This reminds me of my college experience (not the yacht, the inspiration!).
I come from a low-income background (mom is a school nurse and dad is on medical “retirement”), but had strong grades and got accepted to a private, expensive, liberal arts school. I wanted to save the world, but I was surrounded by oil kids and telco kids. (It’s texas, after all!) Some of my other normie friends, the non-rich, continuously hated on the rich kids. They would complain about the bmw’s, the ferrari’s, and the two-story fancy frat houses that daddy paid for. But I didn’t. I saw what my friends had, and I realized that I could give my kids all that my friends’ parents gave them. I realized that I could have this life if I worked smart and got a little bit lucky.
The lives they lived inspired me.
Now I travel, make money, and love my life. Those normie friends that complained still complain about their lot in life, still live in poor neighborhoods, and still work at tiny companies making 15$ / hour. They accepted the life they were born in to, while I was inspired to earn the life I deserved.
When i am a billionaire, I will splurge on condos throughout the world. Im lazy to clean and cheap to pay staff, so Ill get condos to have a place to stay throughout the world. Capital cities and such. In addition, i’d want a really nice sound system for my house and a pool.
Craig – love the attitude man! We can sit around and complain, or we can go out there and do something about our lives. That’s what I hope some of the writing here can help instill. There’s bagillions of dollars out there and great careers.
Let’s got out and get them ourselves and not rely on handouts from the government or others if we can avoid it. And we are called upon to help others out, let’s do it, and with great persistence!
I can’t imagine. Even the master bedroom is bigger than my home + my mom’s home. Ridiculous.
I wouldn’t want any of that if I had that much money. I’d want nicer things than I have now, but not that extravagant.
I was thinking the same as Rob. That master bedroom is 50% bigger than my entire home.
Although I would love to party on the yacht with the rest of the Yakezie, I wouldn’t want this yacht or a $50 million home if I had that option. i would want to live more modestly (although upscale) and give a little more to others.
@ Investor Junkie
If I’m not mistaken, I believe that house is author Danielle Steel’s mansion in Pacific Heights which can be found here:
https://maps.google.com/maps?f=q&source=s_q&hl=en&q=&vps=1&jsv=268b&sll=37.0625,-95.677068&sspn=41.496446,93.076172&ie=UTF8&geocode=FZisQAIdreez-A&split=0
Washington/Octavia in Pacific Heights, SF
Wow that is insane. The master bedroom alone is almost three times as big as my house! But, of course that is what $300 million can buy you.
As for my indulgences, I don’t think I would have a yacht. But I would definitely have a plane (or two or three…I’m kind of obsessed with flying).
What about “Airwolf”? I love flying, but I’m always a little fearful of the plane exploding.
Just remember that you are safer in a plane than a car.
True, which is why I walk everywhere. j/k.
That yacht looks like it’s half submarine. All set to take a dive from the Russian IRS.
Well, if I had a ton of dough at the moment I would probably spend it on traveling. I’d go back to Africa for a long long safari. Then I’d hit Egypt. My favorite art is Egyptian so I’d check that out up and down the Nile. Then off to China to see that great terracotta army of the Qin Dynasty ruler Shihuangdi. I saw a few of those statues at the Met and they were amazingly powerful. With billions left after that I’m sure I’ll think of something interesting to do…
Definitely does look like a sub that’s able to do a deep dive! Xi’an is great. Definitely check it out and eat a lot of spicy food!
I honestly have no idea what I would buy. I know who I would want to help out, but I can’t think of anything outlandish that I would buy. That’s not to say that I wouldn’t, but maybe I need to have a bit of that cash before my imagination gets going ;-)
Come on man, ya gotta grow some imagination! There are tons of things out there to buy! Like perhaps a nice pet Flemish rabbit!
A flemish rabbit? Hahaha!
I know it sounds weird, but I really can’t think of anything. My house would probably have 5 bedrooms, tops!
I’ve just never been attracted to anything like that, but as I said, my imagination might get sparked by getting that type of money!
LOL. thanks for including the Yakezie members to party it up! BTW, there is a beautiful yacht named Mercedes that is located in the Newport harbor that I would dearly love to own! ;)
Of course C, everyone is invited! But, I’d only have 6 guest rooms, so people would have to bunk.
I’m a bit shy of the Billionaire status but I formally announce the opening of the Yakezie mega year long Los Angeles party. Anyone in LA call me up and we’ll party down anytime. Who needs fertilizer? We got Yakezie.
Neal-san, I have full confidence you will be our first Yakezie Billionaire soon!
Everybody needs fertilizer. Just look at the huge bid by BHP for Potash! Population growth = lots of agri and fertilizer needs.
Hmmm. We’d have to say that we’d build an Oprah Winfrey-like school in one or several impoverished area where girls face many learning adversities. We’d also build a series of linked orphanages around the world. After reaching certain philanthropy landmarks, we would consider buying a private island.
All admirable things to do! I would love to hear more about indulgences though :)
I haven’t gone jogging in the Mansion filled area in a while, and plan to do so this weekend. I love getting inspired and seeing what the possibilities are! What’s are the sayings?
“It is never easy to keep reaching for dreams. Strength and courage can sometimes be lonely friends. But those who do reach the stars, walk in stardust.”
“Ah, but a man’s reach should exceed his grasp–or what’s a heaven for?” – Robert Browning
“Reach for the moon, ’cause even if you miss you land among the stars.”
Fight on, forever!
If i had billions, I’d buy a solid gold house with a room for my tiny giraffe. Kidding of course. I think if I had that much money I’d really want to help as many people as I could, so I’d look into ways that the money could be used to best help the most people possible. And I’d buy a tiny giraffe.
I think we’d all help people, and one of the ways is to simply set up a trust. $1 billion trust throwing off $40 million in tax free income a year helps a lot of people FOREVER!
I’d probably rent a yacht, not own one. Too much of a hassle to manage.
I’d love to have that kind of cash. I think giving is one of the hardest parts. How do you give without people feeling entitled to your cash just because they’re family or friends. I have certain family members who wouldn’t get a cent and others I’d give freely to. But what about those people that you like but not that close to? Decisions, decisions. Any way you slice it, I think it’s a problem I wouldn’t mind having.
Not a problem I wouldn’t mind having either. Renting is a practical application, but you are a bagillionaire! You don’t have hassles b/c you hire others to deal with the hassles for you.
That is one sweet yacht… though $300 mill seems rather excessive when you are getting into cruise ship territory?
I don’t think it’s a monstrosity… it’s pretty sweet… but if I had that kind of money, I’d personally would have what IMO are better uses! ;)
Share with us your better uses! Only $20 million a year to operate, not bad!
Since we’re talking about the ocean…
https://www.seasteading.org/
Now there’s 300 million that could make a difference.
I’m all for the Yakezie party on the Yacht. Bring it on!
As for what I’d do with my millions or billions, well I’d move to Ojai and live like a hippie / artist. I’d still write for my blog, but venture into children’s books (instead of teaching directly!) I’d donate my time to personal finance seminars for high school students.
Oh wait, am I suppose to say what I’d spend my money on? I know my husband would like a boat and a few high-end cars- so that’s a no-brainer. I’d like a few cool dutch bicycles; maybe a cargo bike. Of course, I could indulge in my bicycle fleet without being a millionaire. I guess I’d like to travel in a personal jet; that way my husband would actually come with me (he hates flying.)
I think I’d have trouble spending my money. ;)
Ojai huh? Gonna have to look that up bc I have no idea where that is! P Definitely a good idea to splurge on he hubble. It’s the way things shud always be even if u were a billionaire right? ; S :)
I’d fly out to party on a yacht like that or even a fourth of what that is!!!
I didn’t realize how big it was until you said it was 25,000 sq ft, and then I saw the tiny boat beside it.
I wonder when such yachts should just be called a ship instead?
I blogged a few months ago about getting a yacht if I were plain rich and decided against it. But if I were super mega rich… well then sure, why not! Probably not near that big though… At least for a few years, just to get it out of my system.
Like Everyday Tips, I think I rather have a nice house on the ocean somewhere in California or maybe the Hamptons… Then again there is always Europe :)
Don’t worry Don-san, I’d send over one of my private jets to pick you up! And then of course send my private Airwolf Helicopter to pick you up from the airport to land on my Yacht Helipad.
We be living large!
I am with you buddy. I don’t get depressed when I look at wealth I get inspired! My buddies and I launch a boat off the north shore of Long Island. The houses are UNREAL, Here is an example of one of the houses we see everytime we go out:
https://www.blogcdn.com/www.luxist.com/media/2006/09/centreisland.jpg
It was Billy Joel’s not sure it still is
Being inspired is the proper feeling. Feeling jealous, lust, depressed, angry is not.
I only get inspired! Yes, the east coast houses are unreal indeed. Things are relatively cheap out there, but still obviously in the multi millions.
I’m always so pumped when I see these things. I don’t desire one myself, I just desire the ability to be able to live it up if I want to.
Woah….”relatively cheap” Dude you hate the east coast!
We can start with out of the 11 most expensive cities in American 5 are on the East Coast (and 2 are in New York)
https://www.huffingtonpost.com/2010/07/13/the-11-most-expensive-cit_n_643909.html#s113273
Then we have the mansions of JP Morgan, Vanderbilt, etc in Newport Rhode Island
https://www.newportmansions.org/page7016.cfm
Then we have my home island – The Hamptons!
You are killing me Sam
Alright, alright, alright, I’m just “taking the piss” as the English would say. The mansions on the East Coast are CRAZY!!! Love the old money places. They are just so incredible.
I mean, if I had all that money, I too would have to build something so large, with selfcontained AC if I was stuck on the East Coast! :P
Ironically, my post tomorrow is about the owning an island.
If I were mega-rich, I don’t think I would own an island or a yacht. I would have a huge house on the ocean, although not sure which coast. I too would probably own multiple properties.
I don’t know. I think I would donate a lot of it. It is hard to even envision having that amount of money. I am sure travel would take up a lot of my time.
Cool! Well, I’ll cruise on over to your private island with my mega yacht! Hope you don’t charge a docking fee, since we’re in the same network and all.
Is that your house Sam?
I love that area of SF you must have great taste like me. :-) I would buy that house. I have an idea where that house is located, but can’t find it on google maps. What’s the cross streets?
Maybe…… as that portion of the house to the left is a tennis court. And since maybe it is my house as I type on the top balcony overlooking the bay, I can’t give out the exact address since I might invite some stalkers hanging out in the trees! :)
Speaking of expensive houses…
Here is one I would NOT want to own:
https://blogs.wsj.com/wealth/2010/08/23/40-million-mansion-sells-for-76-million/
https://www.nytimes.com/slideshow/2010/08/21/us/20100822-house.html?ref=us
Has to be one of the ugliest mansions I’ve ever seen.
The pool was awesome in the second link! Sign me up!
I am in great awe now. Look at what money can buy!
yeah right,after visiting miami florida i have become a big lover of yacht’s … money can buy anything in this world except life. wish i could buy one. uff those are all rich people business.
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Bezos Commissions a $500 Million Mega Yacht That Comes With Its Own Support Yacht The vessel is reportedly one of the largest sailing yachts ever built in the Netherlands.
By Euni Han May 10, 2021
Opinions expressed by Entrepreneur contributors are their own.
Jeff Bezos has commissioned a $500 million mega yacht, Bloomberg reports . The yacht is reportedly longer than a football field, features several decks and will have a support yacht with a helipad.
Bezos placed the order two years ago for the luxury ship, which is being built by Dutch company Oceanco. The vessel will be one of the largest sailing yachts ever built in the Netherlands, the unofficial capital of boat-building for the super rich, according to Bloomberg. The project is known as Y721 and has been a closely guarded secret.
What's not a secret is Bezos's fondness for yacht travel. In 2019, the Amazon founder and girlfriend Lauren Sanchez were spotted on entertainment mogul David Geffen's yacht off the coast of Spain and later sailing with designer Diane Von Furstenberg and her partner. This year, the couple was spotted on a yacht in Cabo San Lucas, Mexico.
Sam Tucker, research head of London-based company VesselsValue, says the boating industry has particularly exploded amid the luxury industry boom.
"It's impossible to get a slot in a new-build yard," Tucker says, in an interview with Bloomberg. "They're totally booked."
Second-hand is probably not an option for Bezos, who reclaimed the title of world's richest man from Elon Musk this year, according to Bloomberg Wealth. Bezos is worth an estimated $191 billion.
Related: Jeff Bezos's Space Company Blue Origin Will Auction Off a Tourist Ticket to Space
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Atlanta man accused of running $300M Ponzi scheme to buy yacht, rent jets
A man is accused of using his Atlanta-based business to run a $300 million real estate Ponzi scheme.
Russell Todd Burkhalter is the founder and CEO of Drive Planning LLC. The U.S. Securities and Exchanges Commission is charging both him and the company.
They say millions of dollars of funds from more than 2,000 investors were misused to fund Burkhalter’s “lavish” lifestyle.
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The SEC’s complaint says that from 2020 until June of this year, Burkhalter and the company told investors their money would be used for land development projects. He encouraged investors to use savings, retirement accounts and open lines of credit to invest. He promised the investors 10% interest every three months.
Instead of funding projects as promised, the SEC says Burkhalter was using the money to buy a $3.1 million yacht, a $2 million luxury condo and spent $4.6 million to charter private jets and luxury cars.
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The SEC complaint also names Burkhalter’s wife and others who benefitted from the alleged fraud.
Drive Planning and Burkhalter are charged with violating the antifraud provisions of the federal securities laws.
It’s unclear what sentence he could face if convicted.
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Inside jeff bezos and lauren sanchez’s hot yacht summer with kim kardashian, leo & more.
If Jeff Bezos’ and Lauren Sánchez’ hot yacht summer were a movie, it would be a mashup of “Three Coins in the Fountain,” “Eat Pray Love” and “The Perfect Storm” — and the season’s not over yet.
The 60-year-old billionaire and his fiancée, 54, are sailing the Mediterranean again this summer on Bezos’ $485 million yacht Koru , which features a sultry figurehead on the prow that looks an awful lot like Sánchez.
They’ve cruised to Greece, Italy and Spain, with a pit stop Wednesday on the secluded island of Menorca in the Balearics, where they took refuge — along with some other expensive yachts — from a low-pressure storm called Dana.
Bezos and Sánchez have been accompanied on the 417-ft Koru by their support yacht, Abeona , which holds their water toys and a fleet of A-list guests who have included Kim Kardashian, Katy Perry, Orlando Bloom, Leonardo DiCaprio and his 25-year-old Italian supermodel girlfriend Vittoria Ceretti, and others.
“They’re the flavor of the month in the Med,” said a longtime entertainment exec just back from a month in the South of France.
“For a while it was the Russians, and way back in the day it was Ari [Onassis] and Maria [Callas] on the [yacht] Christina. But the Russians like Roman Abramovich are pretty much gone now. There’s always a new wave,” the exec said. “[Sánchez] seems tacky but I’ve heard she’s very nice and Bezos adores her. Is she ever going to look like Babe Paley? Not in this lifetime.”
The exec also pointed out that the Koru is more than 100 feet longer than Barry Diller’s yacht, which measures just over 300 feet — but not as big as David Geffen’s 453-foot vessel — saying billionaires often have “aquatic penis envy.”
The world’s second-richest couple channeled their inner Audrey Hepburn and Gregory Peck in Rome on Tuesday when they shared a passionate kiss in front of the famed Trevi Fountain, seemingly oblivious to the hordes of tourists.
Bezos, in a fitted golf shirt, navy pants and boating shoes, and Sánchez, in a red halter minidress and peep-toe heels, also joined the crowd in the time-honored tradition of tossing money into the fountain with their right hands.
Oh, to know what they wished for.
Later they held hands and walked down cobblestone streets to their dinner destination, Pierluigi, where photographers snapped them dining on white wine, salad and bread at a table containing a singular red rose.
The couple took a bit of a solemn detour on land on Thursday when they swung by the Vatican for a visit with 87-year-old Pope Francis.
“He reminded us not to take life too seriously, a simple yet powerful reminder to keep lightness in our hearts,” Sanchez wrote on social media.
Bezos and Sánchez began their summer in June island-hopping in Greece with a rare appearance by Bezos’ 19-year-old son Preston, who Bezos shares with his ex-wife Mackenzie Scott.
Kim Kardashian then joined them, zipping around the Med on jetskis . At one point Kardashian and an unidentified blonde rode her jetski as they took selfies.
The “Keeping Up With the Kardashians” alum has been tight with Sánchez and Bezos for a couple of years, going on a double date in 2022 and attending a Beyoncé concert in 2023.
In September 2023, the trio had dinner together in New York City , joined by Nicky Hilton.
The “Kardashians” star made it clear that Sánchez is part of her inner circle when she celebrated her birthday in a Season 5 episode.
Meanwhile, Bezos and Sánchez were also spotted on their own in Greece on the island of Hydra, walking hand-in-hand on the seafront. They popped up next on Mykonos and from there it was on to Pserimos, famed for its beaches.
July saw them jet to Sun Valley, Idaho, for the town’s namesake financial conference attended by billionaires.
Last weekend, the pair pulled up on the island of Sardinia with Perry, Bloom, DiCaprio and Ceretti. The celebs came to shore on one of Bezos’ smaller boats for lunch at a high-end beach resort before heading back to Koru.
Bloom and Perry — who started their own month-long vacation in France — also vacationed with Bezos and Sánchez around this time last year. In August 2023, the foursome was spotted walking around Dubrovnik, Croatia, with Usher.
DiCaprio and Bezos have been “really close friends” for years, with a source previously telling Page Six they often vacation together and find “common ground in the fight against climate change and their work in environmental activism.”
Koru ranks as the planet’s thirty-second largest yacht and costs about $25 million to operate annually. The vessel can accommodate 18 guests and requires a crew of 40 sailors to manage its amenities.
Its three huge, 229-foot masts power it to 20 knots. It’s also the biggest billionaire’s yacht which can move under sail power alone.
Bezos and Sánchez recently relocated from Seattle to Indian Creek Island in Miami, where Bezos bought three mansions for about $237 million — surely a nice home if you’ve got to be on land.
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‘The Blind Side’ Made Him Famous. But He Has a Different Story to Tell.
The football player Michael Oher believes his early life was misrepresented by the Oscar-winning movie and the book it was based on.
Credit... Joshua Rashaad McFadden for The New York Times
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By Michael Sokolove
Michael Sokolove is a contributing writer who has written frequently about the intersection of sports and culture. His last article for the magazine was on the football coach Andy Reid.
- Aug. 18, 2024
“That’s where Hurt Village was.” Michael Oher was pointing to the site of a now-demolished housing project where he lived with his mother, who was addicted to drugs, and, at various times, as many as seven of his 11 siblings. It was an overcast Monday afternoon in late April, and Oher, the former football player whose high school years were dramatized in the movie “The Blind Side,” was driving me on a tour through a forlorn-looking stretch of Memphis and past some of the landmarks of his childhood. “And right over there, that was a store called Chism Trail. It’s one of the places I’d steal from. Real food, not candy. Pizza, hot dogs, bologna. One time I took a ham.”
Listen to this article, read by Ron Butler
Oher played eight seasons as a starting offensive tackle in the N.F.L. and won a Super Bowl with the Baltimore Ravens. He is now 38, and his neatly trimmed beard has a few flecks of gray. He is 6-foot-5 and says he is under his playing weight of 315 pounds. We were in his GMC Denali pickup, a big truck to accommodate his big frame.
“Here’s where the sisters lived,” he said as we turned a corner, gesturing toward a rambling house with a picnic table out front. This was the home for nuns from the Missionaries of Charity, an order founded by Mother Teresa. “We’d go there, and they would feed us. I’ll never forget it, because it’s the first time I had lemon meringue pie.”
We drove from what is known as Uptown Memphis to the more prosperous East Side and to a place that Oher pointed to with pride: a spot along a six-lane highway where, beginning when he was 7, he sold Sunday newspapers. “You couldn’t be lazy and just sit on the crate like some of the other kids would do,” he told me. “You had to walk around. You had to get up and wave the paper. I sold the most newspapers out of anyone.”
Our last stop was a stately yellow home, framed by two tall oaks. He pulled halfway up the driveway. “This is where I lived with my family,” Oher said. He turned to me and, to make sure I got the joke, added: “You know what I mean, right? My family .”
This was where Leigh Anne and Sean Tuohy lived with their two children — and, for about a year, with Oher. The Tuohys took him shopping for clothes, helped him get a driver’s license, bought him a pickup truck and arranged for tutoring that boosted his grades and made him eligible to play college football.
The charity they extended, a wealthy white couple taking in a formerly homeless Black teenager, is the basis of “The Blind Side.” Based on Michael Lewis’s 2006 nonfiction book of the same name, the movie came out in the fall of 2009, less than a year into Barack Obama’s first term as president, and audiences largely embraced it as a parable of hope and racial harmony.
Oher is now suing the Tuohys. Last August, in the Probate Court of Shelby County, Tenn., Oher’s lawyers filed a suit claiming that the Tuohys have exploited him by using his name, image and likeness to promote speaking engagements that have earned them roughly $8 million over the last two decades — and by repeatedly saying that they had adopted him, when they never did. The Tuohys have claimed in response that Oher in recent years has attempted to extort them with “menacing” texts.
The lawsuit shocked many who saw the movie and led to a deluge of worldwide media coverage, with news stories often referring to Oher and the Tuohys as “‘The Blind Side’ family.” “We’re devastated,” Sean Tuohy told a reporter from The Daily Memphian on the day the suit was filed. “It’s upsetting to think we would make money off any of our children. But we’re going to love Michael at 37 just like we loved him at 16.” The Tuohys have not spoken publicly since then, and they declined to talk to me for this article.
I visited Oher twice during the spring, first in Nashville, where he lives with his wife, Tiffany, and their five children, and then in Memphis. These were the first times he had talked publicly since filing suit against the Tuohys. He was, at all times, resolute. He believes he was wronged both by the couple who took him in and by a movie that made him into a cartoon image he doesn’t recognize. But he was also self-aware enough to know that many people would not take his side. In our conversations, he sometimes seemed to check himself. “There I go, pouting again, right?” he said at one point as he recounted his grievances against the Tuohys. “I know that’s what some people are going to think. ‘He’s being ungrateful.’ ”
The couple’s lawyers argue that the Tuohys have a right to tell the story of their family and that Oher is part of that story. Oher’s lawyers counter that without Oher, the Tuohys would never have had a profitable story to tell. The case is moving slowly. The Tuohys have filed for a partial summary judgment, a routine motion to have some of the claims in the case dismissed; a hearing on that has been scheduled for Oct. 1. If the case reaches trial, it probably will not do so until next year.
Even then, the outcome of the legal proceedings may not provide a clear picture of the relationships among the people involved. It might even be that the positions taken by each side — one claiming to have been exploited, the other extorted — are both true. That would make this chapter of “The Blind Side,” its epilogue, less a fairy tale of racial reconciliation and more a classic American story of money, misunderstanding and ruptured relationships.
Leigh Anne and Sean Tuohy met at the University of Mississippi, known as Ole Miss, where he was a star basketball player and she was a cheerleader. They became modern Memphis royalty — founding members of their evangelical church, owners of a private jet they called Air Taco. Sean made a fortune from his ownership of more than 100 fast-food franchises, mainly Taco Bells, KFCs and Long John Silver’s. He sold most of them in 2019 for $213 million. The couple sent their children to the private school Leigh Anne attended, Briarcrest Christian, founded in 1973, the same year Memphis implemented a court-ordered busing plan to desegregate its public schools. Their daughter, Collins, would marry the scion of another prominent Memphis family, Cannon Smith, the son of the billionaire FedEx founder Fred Smith.
Oher came from another world entirely. While moving between foster homes, his mother’s house and a Salvation Army shelter — and sometimes the streets — he missed long stretches of his school years, and his academic record suffered. But he was a promising athlete. He was not just large; he was also unusually fast and nimble. A youth basketball coach named Tony Henderson succeeded in enrolling him in Briarcrest before his 10th-grade year, along with his own son, Steve, who was a year younger. Oher lived with the Hendersons for a time, and then in the home of another Black classmate, Quinterio Franklin. At some point during his time at Briarcrest — exactly when has become a point of contention — he moved in with the Tuohys.
In the movie, the country singer Tim McGraw plays a laconic but canny Sean Tuohy. Sandra Bullock won an Academy Award for her portrayal of Leigh Anne as a Southern tiger mom who makes Oher her cause. In one scene, she storms out of a lunch with her friends when one of them presses her on why she thinks it’s safe to have Oher living in the house with her teenage daughter. In another, a local gang leader who has a beef with Oher says to her: “Tell him to sleep with one eye open. You hear me, bitch?” She responds: “No, you hear me , bitch. You threaten my son, you threaten me.” She lets him know she’s in a prayer group with the district attorney and is a member of the N.R.A. — and “I’m always packin’.”
The Michael Oher of the movie, played by a lesser-known actor, Quinton Aaron, is passive and hardly speaks. He displays none of the grit of a child who survived for many years on his own and seems to have no friends, not even among his high school football teammates. This version of Oher is helpless and alone until the Tuohys get involved.
Oher did not even want to see the movie, which came out when he was just months into his N.F.L. career. He already felt that Lewis’s book, published three years earlier, had cost him a higher draft position — and the increased money that goes with it — by creating the impression that he was stupid. “The N.F.L. people were wondering if I could read a playbook,” he told me.
A month or so after the movie’s premiere, the Ravens’ team chaplain persuaded Oher to see it with him and two teammates at a theater in Baltimore. “It’s hard to describe my reaction,” he told me. “It seemed kind of funny to me, to tell you the truth, like it was a comedy about someone else. It didn’t register. But social media was just starting to grow, and I started seeing stuff that I’m dumb. I’m stupid. Every article about me mentioned ‘The Blind Side,’ like it was part of my name.” He worries now that the movie will have a negative impact on his children. “If my kids can’t do something in class, will their teacher think, Their dad is dumb — is that why they’re not getting it?”
“The Blind Side” earned more than $300 million at the box office, and it brought widespread fame to the Tuohys. In 2014, they were interviewed at Baylor University by its then president, Kenneth Starr ; earlier guests at his on-campus speakers series included Condoleezza Rice, the former secretary of state, and Sandra Day O’Connor, the Supreme Court justice. Later, the Tuohys appeared on an episode of the reality TV series “Below Deck” — the crew of a luxury yacht staged a tailgate-themed party for them on a Caribbean beach.
The limelight mainly focused on Leigh Anne, an interior decorator who began giving speeches for as much as $50,000 per engagement. She delivered a keynote address in 2018 at a United Way event in North Carolina, where previous years’ speakers included Soledad O’Brien and Maya Angelou. She continued to give speeches into 2023; an event scheduled for last November promoted her as “the adoptive mother of N.F.L. football star Michael Oher.”
This has been their consistent characterization of the relationship with Oher. In public appearances and in their 2010 book, “In a Heartbeat: Sharing the Power of Cheerful Giving,” the Tuohys have referred to him as their son and themselves as his adoptive parents. But they never adopted him. Instead, when he was 18, Sean and Leigh Anne petitioned to establish a conservatorship that gave them control over his finances and major life decisions; the legal measure was approved by a judge, despite the Tuohys acknowledging at the time that Oher had no known physical or psychological disabilities, which Tennessee state law requires be present for a conservatorship to be granted. It remained in force for two decades, through the end of his N.F.L. career, though it is not clear how the Tuohys exercised the power it gave them. Oher’s lawyers claim that the conservatorship gave the Tuohys a responsibility to look after his interests and put them above their own, and instead, they profited off him.
Oher’s lawsuit included a request to end the conservatorship, and the Probate Court judge, Kathleen Gomes, quickly dissolved it. (The Tuohys did not oppose the request.) She opened the hearing by saying that she had been a lawyer for decades, mostly practicing in the area of probate and conservatorship, and a judge for 10 years. “And in all my 43 years, I have never, ever seen a conservatorship being opened for someone who was not disabled,” she said from the bench. What will be litigated, assuming the case goes forward is Oher’s demand for unspecified monetary damages for the Tuohys’ alleged misuse of his name, image and likeness in promoting their public appearances.
The tangle and emotional complexities, even contradictions, at play among Oher and the Tuohys are evident in the fact that even today, Oher fondly recalls his time with the Tuohys. “Honestly, it was great. I had a bed to stay on. I was eating good. They got me a truck.” In his own book, published in 2011 and titled “I Beat the Odds: From Homelessness to ‘The Blind Side’ and Beyond,” Oher includes this dedication: “To the Tuohy family, you are truly a blessing to me. Thank you for helping me to turn my dreams into reality.” Later in the book he writes, “The more time I spent with that family, the more time I felt like I had found a home.”
In the Tuohys’ book, after recounting how they learned that Oher would be named the No. 1 football recruit in the nation in the spring of his junior year, they write: “Suddenly, it seemed, we had the most sought-after football player in the country living in an upstairs bedroom.” They continued: “But the biggest event for all of us that spring was our adoption of Michael.” Oher says he did not move in with the Tuohys until that summer. It may seem like a small discrepancy, but his timing would not place him in the Tuohy home until he was already one of the most coveted college football recruits in the county. In our conversations, Oher referred several times to the Tuohys’ “narrative” and said that he had gone along with it for many years because telling a different story, and one at odds with the hit movie, seemed like more than he was capable of while he was devoting himself to the hard work of playing pro football.
Leigh Anne Tuohy, in an affidavit, has said that the use of the word adopted “was always meant in its colloquial sense, to describe the family relationship we felt with Mr. Oher; it was never meant as a legal term of art.” In Tennessee and in 27 other states and Washington, D.C., it’s legal to adopt an adult. It sometimes happens for estate-planning purposes or so one of the parties can play a role in making decisions about medical care and other issues. Oher was 18, legally an adult, when the conservatorship was established in December of his senior year of high school. “Adoption doesn’t have a colloquial meaning, and it’s not a word you throw around lightly,” one of Oher’s lawyers, Anne Johnson, told me. “As an 18-year-old, he was told that he was made a part of the family. He believed that, but it wasn’t true.”
Even before the movie and the invitations to give paid speeches, the Tuohys seemed to derive at least one benefit from welcoming Oher into their home: He chose to play football at Ole Miss, where they were major donors to the athletic program, or “boosters” in the argot of the National Collegiate Athletics Association. Since 2014, the practice facility for the men’s and women’s basketball teams has been known as the Tuohy Basketball Center .
The couple have never denied that they hoped Oher would play football at Ole Miss, but they have insisted that he made the choice on his own. In their telling, the conservatorship was a way to demonstrate to the N.C.A.A. that they did not exert influence over a nonfamily member by showering him with gifts. If the N.C.A.A., which sets eligibility rules for college sports, had concluded that was the case, it most likely would not have allowed Oher to play at Ole Miss. But after its investigation, it essentially decided to consider Oher as a member of the Tuohy family. When I asked Oher about his school choice, he told me that “it was kind of like osmosis. It became where I was going to go. But I want to be clear that I don’t regret it.”
One of Oher’s fondest childhood memories is the several weeks he spent in a psychiatric unit at St. Joseph’s Hospital in Memphis. He had become a ward of the state after child-welfare authorities determined that his mother could not care for him; he was committed to the hospital, as a 10- or 11-year-old, after he kept running away from foster homes and back to his mother. “That was the best time of my life up until then,” he says. “I was eating three meals a day. I had my own room, a TV and a VCR, and I was watching all kinds of movies.”
He kept running away even after he got out, and at some point, Oher figured, the authorities stopped looking for him. He was in and out of school and spent his happiest hours playing basketball in church gyms and football in a nearby park. “You would see Michael and then you wouldn’t,” Craig Vail, Oher’s closest childhood friend from Hurt Village, told me. “If he wasn’t around, I just figured he moved away, and then he’d come back, and we’d pick up on where we were and play together.” Oher steered clear of serious trouble. “If Michael didn’t like it, he wasn’t following along,” Vail says.
Quinterio Franklin, who played on the football and basketball teams at Briarcrest, lived on a country road, across the state line in Mississippi. “When Michael came to Briarcrest, I was like, ‘Cool, another Black guy,’ ” Franklin told me. “It was natural that we got close, because there weren’t many of us. He was a jokester, a people person, a lively personality.”
When I spoke to Franklin’s stepfather, Anthony Burrow, about Oher’s time in their household, he told me: “From my grandmom on up, we have always taken people into the family. Mike was a great kid, and he had spent the night once or twice with us. When Terio asked me about him staying with us full time, I called my sister, and she said, ‘It is a privilege when someone asks that of you.’ So he came over and made himself at home. We had four-wheelers and he became an avid four-wheeler. Everyone got to know him. He and Terio were like two peas in a pod.”
Oher lived with their family full time for roughly a year. It was the last place he lived before moving in with the Tuohys. “He somehow persuaded another Black kid on the Briarcrest basketball team, Quinterio Franklin, to let him use his house as a kind of base camp,” Lewis writes. Leigh Anne drove Oher there one night after a track meet, the book continues. “It was a trailer, ” she says — squalid quarters Oher needed to be rescued from. “That’s it,” she then tells Oher. “Get all your crap. You’re moving in with me.” After he lugs his belongings out in a garbage bag, she orders a “cleansing of the clothes.”
Until that moment, Lewis writes: “Leigh Anne had hoped that what they and other Briarcrest families had done for Michael added up to something like a decent life. Now that she knew it didn’t, she took over the management of that life. Completely.”
Oher drove me to see where he lived with Terio’s family. The house was at the end of a gravel driveway, off a winding lane called Church of Christ Road. It was not a trailer, but rather one of the prefabricated houses, common in the South, known as “Jim Walter Homes.” They were assembled on site, and buyers had to own the land. Burrow said the house was first owned by his grandparents and that it had four bedrooms. “When you’re rich and you have certain things, I imagine you have a different way of looking at the world,” he said. “Maybe it did look like a trailer to Ms. Tuohy.”
Burrow, who owns a small flooring company, said he understood why Oher left his family. “They gave him monetary gifts, took him shopping. He’s a kid, a young Black man who has had nothing. He’s going to run with that.”
I reached out to Joseph Crone, another high school teammate and now a lawyer. “ It was common knowledge he was living with Terio for a long time,” he told me. “They always came to school together. Before that, he lived with Steve” — whose father, Tony Henderson, first encouraged Oher to enroll in Briarcrest. “Right up to the start of summer practice before our senior year, I feel like he was kind of couch-surfing. He stayed with me a few times. He stayed with other guys too. We were all teammates so there was that level of comfort. We’d be like, ‘Hey, buddy, come crash at my house.’”
Oher was introduced to the wider world by one of America’s foremost nonfiction authors. Michael Lewis’s books tend to be about big systems and money — “Moneyball,” “The Big Short” and “Going Infinite,” for example — and he tells his stories through characters who are iconoclastic, even heroic. They see into the future in ways that others can’t. At about the same time that he was researching the importance of the left-tackle position in football (which protects a right-handed quarterback’s “blindside”) and the economic resources that N.F.L. teams devote to the position, he discovered that an old friend, Sean Tuohy, his classmate at a New Orleans private school from kindergarten through 12th grade, had a potential N.F.L. left tackle living in his house. The Tuohys and Michael Oher became his characters.
The book, which was excerpted in The New York Times Magazine , set everything into motion: the movie, the fame of its real-life characters and the current dispute. Without it, the Tuohys most likely would be little-known outside of Memphis and Oher would be no more famous than most of the other N.F.L. players who toiled as offensive linemen. It’s not uncommon for filmmakers to embellish the real-life stories they find in books, and “The Blind Side” movie certainly did. But the movie is faithful to the book’s tone — both are told through the Tuohys’ perspective, with Oher virtually silent — and both movie and book depart from reality in ways that exalt the Tuohys and, in Oher’s view, diminish him.
In the movie, Oher is the rare American male who knows so little about football that he must have it explained to him by a child: 10-year-old Sean Tuohy Jr., who moves a ketchup bottle and other condiments and spices around on a kitchen table to show him how players are positioned on the field. The scene is not in the book. But in Lewis’s rendering, Oher has no idea how to play when he first takes the field for Briarcrest. “When he’d been thrown into games during his junior year,” Lewis writes, “he had spent most of his time wandering around the field in search of someone to fall over.”
But this was the same season, his junior year, that Oher was named to the All-Metro team by The Commercial Appeal, the primary daily newspaper in Memphis. He keeps an image of the newspaper story in his cellphone. It’s more than a memento; it’s proof to him that he amounted to something, and was recognized for it, before the Tuohys intervened in his life. It was after that season that he was identified as one of the top college-football recruits in the nation.
Oher was a teenager finishing up high school, and then a freshman at Ole Miss, when Lewis was doing his research. Oher told me that he did not understand at the time why someone was interested in his story or how he would fit into the book. “I talked to him a little,” he said of Lewis, when I asked about his involvement.
Passages of the book now read as off-key. In characterizing Oher’s otherness at the wealthy and almost all-white Briarcrest school, Lewis describes him, variously, as “this huge Black kid” and “as lost as a Martian stumbling out of a crash landing.” His mother, Denise Oher, is “very large and very Black,” and in a brief meeting with her son Michael and Leigh Anne, she slurs her words and wears a “muumuu and a garish wig.” Sean Tuohy, who pitched in as an assistant football coach at Briarcrest, is credited by Lewis with a magical ability to instill confidence in teenage boys. He was said to reach out especially to the school’s few Black athletes. “I married a man who doesn’t know his own color,” he quotes Leigh Anne as saying .
After Oher learns that his father is dead — apparently having been thrown off a highway overpass — Leigh Anne tells him it might be for the best. “You didn’t know the man,” she says in Lewis’s book, and “one way or another, you are going to have money, and you know that he would have found you and made claims upon you.”
In April, I met Lewis at a hotel restaurant in Washington, D.C. When I asked him what he believes caused the relationships to fracture among the people depicted in “The Blind Side,” he responded by talking about the economics of his book. “Let me give you the data points,” he said. “The book did poorly. It never found its market. Football people don’t really read books, compared to baseball people. And if they’re going to read one, they don’t want a chick flick in the middle of it.”
Hollywood, Lewis said, did not initially have strong interest in the book. But the film ultimately was produced by Alcon Entertainment, whose controlling shareholder and chairman of the board is Fred Smith, the FedEx founder and now the father-in-law of the Tuohys’ daughter.
Oher contends that he did not benefit fairly from the movie. Sean and Leigh Anne Tuohy, in a response filed in the Tennessee court, state that the movie money was split five ways, with equal shares also going to the couple and their two biological children — a deal they say Oher verbally agreed to. He did not have his own lawyer representing him. The movie money was supposed to be paid directly to the Tuohys, then be distributed to the others.
Sean and Leigh Anne Tuohy, in court documents, say that Oher’s one-fifth share has come to just over $138,000. “You know they did not steal his movie money, right?” Lewis said to me. “This whole thing starts with that. It starts with a lie. I would just be very suspicious about everything else.”
Lewis focused on the material benefits Oher got from the Tuohys. “Did you get a sense of how much money they spent on him when he was living with them? They bought him a truck. They bought him clothes. They housed him.” He continued: “There’s not a whiff of possibility the Tuohys are going to milk money off Michael Oher. You’ve gotta sort of know more about them. They’re rich. And generous. They aren’t stingy rich people. They’re openhanded rich people.”
When I brought up aspects of his book that I believed were inaccurate — among them, that Oher barely knew how to play football when he first came to live with the Tuohys — Lewis said that he was confident that the people who witnessed Oher’s story in real time had provided him with an accurate account. I told him I had seen Terio Franklin’s house and that I did not think its description as a trailer that served as Oher’s temporary base camp was correct. “You should ask the Tuohys about that,” he replied.
In a profile of Lewis in The Guardian last October, he seemed to attribute Oher’s “change of behavior,” as he put it, to chronic traumatic encephalopathy, or C.T.E., the degenerative brain disease that afflicts some football players, which can only be diagnosed after death, through a brain autopsy. “This is what happens to football players who get hit in the head,” he said. “They run into problems with violence and aggression.” Lewis told me his inference that Oher had C.T.E. was made in anger, and he regretted it, but he then repeated it. “It should be part of the conversation about Michael Oher,” he said.
Last year, not long before he filed his lawsuit, Oher published a second book, “When Your Back’s Against the Wall.” In it, he writes that the story people think they know about him makes it look “like I was sitting there waiting for a handout” and discounts “the years of survival, resisting the streets, making the most of myself.” Lewis, however, said he was told that without the Tuohys, Oher was headed for a life of destitution, or crime, even though Oher had no history of anything of the sort. “This is what everyone told me,” he said. “He was on a course that was very bad. He was going be a bodyguard for a gang in Hurt Village.”
It was not always clear to me whether Oher felt betrayed more by the Tuohys or by the movie. This is understandable, given the extensive overlaps between the filmmakers and the Tuohy family. The movie was based on their friend’s book, produced by the company controlled by their daughter’s future father-in-law and executive-produced by his daughter. The daughter of another family friend, the lawyer who represented them in the conservatorship, appeared in a small role in the movie. Sean Tuohy has seemed to suggest that he had the right to approve the script. “I had to give them the rights to use our name,” he said, while sitting at dinner with the captain of the yacht in the 2017 “Below Deck” episode. “And I said, ‘I’ll give you the rights to use the name if I get to read the script and approve it or unapprove it.’ ”
Sandra Bullock spent time with Leigh Anne Tuohy in order to get to know the character she would be playing. Tim McGraw met Sean on the set. The first time Quinton Aaron met Oher was in the tunnel leading to the field before a Ravens game — after the movie came out. “I was told that it might be better that way,” Aaron told me. “I can’t remember if it was the director or one of the producers, but they said he was a young homeless kid in the movie, but that’s not who he is now. At the time, he was getting ready for the N.F.L.” Sean and Leigh Anne Tuohy attended the 2009 movie premiere in New York and the Academy Awards in Hollywood the following March. Oher went to neither. He told me that he could not recall if he was invited to either event but would have declined if he had been.
Oher now feels duped by the Tuohys. He enjoyed the comforts of their home, but while he was off at their alma mater playing football, the couple and their friends and associates took part in a project that is likely to follow him the rest of his life. “The first time I heard ‘I love you,’ it was Sean and Leigh Anne saying it,” he told me. “When that happens at 18, you become vulnerable. You let your guard down and then you get everything stripped from you. It turns into a hurt feeling.” He paused for a moment. “I don’t want to make this about race, but what I found out was that nobody says ‘I love you’ more than coaches and white people. When Black people say it, they mean it.”
“The Blind Side” brought attention and pride to the Briarcrest community, but the falling out among its protagonists has caused many to feel caught in the middle. The principal who agreed to enroll Oher declined to comment for this article. Hugh Freeze, Briarcrest’s coach at the time, took a job on the football staff of Ole Miss before Oher’s freshman season and is now the head coach at Auburn, his fourth college head-coaching job; he’s on a six-year contract that pays him $6.5 million annually. “Michael is dear to our family,” he replied by email while declining my request for an interview.
Oher has a legal team of four lawyers behind him, including Don Barrett, who is based in Lexington, Miss., and who was one of the lead plaintiffs’ lawyers in the first settlement of the lawsuits against the tobacco industry . “ Sean and Leigh Anne self-dealed in every way you could imagine,” he told me.
The Tuohys are represented by two Tennessee lawyers, neither of whom would comment for this article. A prominent Los Angeles entertainment lawyer, Martin Singer , who has acted as their spokesman, issued a statement after the lawsuit was filed. “Anyone with a modicum of common sense can see that the outlandish claims made by Michael Oher about the Tuohy family are hurtful and absurd,” it said. “The idea that the Tuohys have ever sought to profit off Mr. Oher is not only offensive, it is transparently ridiculous.” He characterized the lawsuit as a “shakedown effort.”
I asked the Tuohys, through a representative they are working with, if they would refer me to friends I could contact who might tell their side of the story. They declined. They also declined to answer written questions or participate in the fact-checking of this article. Andrew Kosove, the co-chief executive (with Broderick Johnson) of Alcon Entertainment, told me that he was saddened by the dispute and did not understand why Oher believes he was owed more money from the movie. “No one did anything dishonest,” he says. “Leigh Anne and Sean love Michael. That is the tragedy of this story. There is pain to go around. My prayer and Broderick’s prayer is that ultimately there will be a reconciliation, because I believe these are people who love each other.”
The careers of professional athletes typically do not last beyond their 30s, at which point many of them struggle to grasp who they are without their sport. I got the sense that for Oher, whose whole life has been a battle against long odds, that feeling was amplified. After he left the N.F.L. in 2017, he finally had time to look back, and little of what he saw made sense. Most of his siblings, he told me, “chose the streets.” The success he achieved was quickly accompanied by a bizarre and disorienting kind of fame — one in which everyone knew his story, except that it wasn’t actually his story.
When we talked, his tone was usually matter-of-fact, almost stoic. He did not display emotion, but he sometimes referred to events in the past as having been painful. The release of the movie just as he was starting his N.F.L. career was a big blow. “That’s my heartbreak right there,” he said. “It was as soon as I got there, I was defined.”
He played eight seasons of pro football, a long career by N.F.L. standards. He began with a goal of making the Hall of Fame; a knee injury, a concussion and chronic migraines led to his leaving the league. He said that drugs prescribed for his headaches caused him to gain 100 pounds and that he spent a couple of years only periodically venturing out of his house and sometimes not even leaving his bedroom.
In 2017, he was charged with a misdemeanor assault after a physical altercation with an Uber driver. The charge was later dismissed, but the incident, and the fact that it made the news, filled him with shame. Oher described to me another moment, two years later: He was on a flight to a medical appointment, could not fasten his seatbelt and feared he might be removed from the plane. “I’m like, ‘Man, I’m going to be in the news — Michael Oher kicked off a plane for being too fat.’ ” A flight attendant brought him a seatbelt extender. He changed his diet, went back to the gym and, as he put it, restored himself to “not my playing shape, but normal-person shape.”
He said that he believed his separation from football would have gone more smoothly if he had been healthy when he left the game. I suggested that maybe after the life he had led — moving from home to home; stealing food to survive; fighting his way up through Briarcrest and into the N.F.L. — he just found himself mentally exhausted when all the striving stopped. “You hit it on the head,” he said. “That’s a big component of it.”
He earned $34 million from the three teams he played for, according to the website Over the Cap , which tracks N.F.L. salaries. “I worked hard for that moment when I was done playing, and saved my money so I could enjoy the time,” he said after I mentioned that many people would believe he had filed the lawsuit because he needed money. “I’ve got millions of dollars. I’m fine.”
In a response filed in court, Sean and Leigh Anne Tuohy claim that Oher had become “increasingly estranged” from them and began demanding money. He referred to the Tuohys as “thieves” in one of the texts that the couple’s lawyers included in court filings. “If something isn’t resolve this Friday, I’m going to go ahead and tell the world, how I was robbed by my suppose to be parents,” he wrote in another. In a third text, he said, “Get with Fred and get my money together” — a reference to Fred Smith, the Alcon chairman.
I asked Oher about the texts. “I was just still trying to figure things out,” he said. “I didn’t think anything of it.” He claimed the texts “lit a fuse,” and he started receiving checks for the movie for the first time. The Tuohys’ lawyers have said Oher had already been receiving royalty checks, a claim he denies.
Oher spends his time, in part, taking his children to their sporting events, and as we drove around Memphis, I could hear the chairs and tent he sets up on the sidelines of their games rattling around in the back of his truck. The Ohers have a foundation that raises money to provide scholarships and mentors to disadvantaged children in Nashville. He also spends a considerable amount of time at the gym. “I feel like there’s one more time when I can get in elite shape,” he said. When I asked why that was important, he said: “I’ll feel good. I’ll walk around happier. I’ll have that confidence it gives you.”
The lawsuit, it seemed to me, is part of a different kind of rebuilding project, an effort to make himself emotionally whole. Several times he referred to having been “robbed” by the Tuohys, which I came to understand as having a double meaning: robbed of money and perhaps, even more so, robbed of an identity.
But why had it taken him so long to go public and file the lawsuit? Why now? “Pro football’s a hard job,” he said. “You have to be locked in 100 percent. I went along with their narrative because I really had to focus on my N.F.L. career, not things off the field.” Away from the game, his focus turned to what he believed was his fair share of the money generated by the movie and the myths spawned by it.
“For a long time, I was so angry mentally,” he said. “With what I was going through. I want to be the person I was before ‘The Blind Side,’ personality-wise. I’m still working on it.”
Joshua Rashaad McFadden, a visual artist and assistant professor of photography at Rochester Institute of Technology, has received International Photography Awards for ‘‘After Selma,’’ ‘‘Come to Selfhood’’ and ‘‘Unrest in America,’’ as well as a 2023 Lucie Photo Book Prize.
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Narration produced by Emma Kehlbeck and Krish Seenivasan
Engineered by Devin Murphy
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Sec charges russell todd burkhalter and his atlanta-based firm with $300 million ponzi scheme and obtains emergency relief.
For Immediate Release
Washington D.C., Aug. 14, 2024 —
The Securities and Exchange Commission today announced that it obtained a preliminary injunction, asset freeze, and other emergency relief against Atlanta-based Drive Planning LLC and its founder and CEO, Russell Todd Burkhalter, to halt a $300 million real estate Ponzi scheme impacting more than 2,000 investors. Additionally, a receiver was appointed over Drive Planning. The SEC alleges the defendants misappropriated millions of dollars of investor funds to fund Burkhalter’s lavish lifestyle and to make Ponzi-like payments.
“Drive Planning and Burkhalter gained the trust of everyday people and encouraged them to invest in this scheme by promising exorbitant returns, but as our complaint alleges, the defendants’ business was nothing more than a classic Ponzi scheme, using new investor money to pay returns to existing investors, with Burkhalter stealing millions to fund a lavish lifestyle,” said Nekia Hackworth Jones, Director of the SEC’s Atlanta Regional Office. “Investors should be vigilant when they encounter aggressive sellers who make over-the-top sales pitches and promise high rates of guaranteed returns.”
The SEC’s complaint alleges that, from 2020 through at least June 2024, Drive Planning and Burkhalter raised more than $300 million for purported real estate investments, telling investors their money would be used to fund land development projects. The defendants promised 10% interest every 3 months and encouraged investors to tap their savings, retirement accounts, and even open lines of credit to invest. In reality, the defendants did not have a business capable of generating the promised returns, and they instead used investor funds to make Ponzi-like payments, according to the complaint. The complaint further alleges that Burkhalter stole investor funds to fund his luxurious lifestyle, including to buy a $3.1 million yacht and spending $4.6 million on chartering private jets and luxury car services and $2 million on a luxury condo.
The SEC’s complaint, filed in the U.S. District Court for the Northern District of Georgia, charges Drive Planning and Burkhalter with violating the antifraud provisions of the federal securities laws. In addition to the emergency relief granted by the Court, which the defendants did not oppose, the SEC seeks permanent injunctions, disgorgement of ill-gotten gains with prejudgment interest, and civil penalties against the defendants, and an officer-and-director bar against Burkhalter. The complaint also names Jacqueline Burkhalter, Burkhalter’s spouse, and several related entities as relief defendants and seeks disgorgement of ill-gotten gains from them.
The SEC’s ongoing investigation is being conducted by Austin Stephenson and Cody Turley, under the supervision of Peter Diskin and Justin Jeffries, of the SEC’s Atlanta Regional Office. The SEC’s litigation will be led by Pat Huddleston and H.B. Roback, under the supervision of M. Graham Loomis.
Last Reviewed or Updated: Aug. 14, 2024
Perché i camper di lusso ti svoltano la vita. Tutti li vogliono
Viaggiare a bordo di un camper rende ogni esperienza più entusiasmante, ma i camper di lusso ancora di più
Dopo la pandemia, in tantissimi hanno deciso di acquistare un camper per iniziare a viaggiare e muoversi in assoluta libertà, senza vincoli o limiti. Oltre ai classici veicoli ricreazionali, il mercato ha visto un’impennata nelle vendite dei camper di lusso , esternamente simili ai loro “colleghi”, ma ricchi di comfort e comodità al loro interno.
Cos'è un camper di lusso?
Un camper di lusso non è solo un veicolo che permette di spostarsi su quattro ruote, ma una vera e propria casa dotata di ogni comfort e anche di opzioni extra. Se il camper tradizionale permette di sentirsi come a casa propria durante un campeggio o un viaggio on the road, il modello di lusso regala maggiori comfort e fa sentire come in un hotel. A determinare il “lusso” di un camper, tuttavia, non è il veicolo in sé ma ciò che vi è all’interno . Ciò significa che tutto, da una roulotte a un rimorchio a una casa mobile, può essere considerato un camper di lusso. Anche alcuni veicoli ricreazionali fuoristrada possono rientrare nella categoria del lusso grazie ai loro materiali di prima qualità e alle caratteristiche di sicurezza come l'assorbimento degli urti e le sospensioni più alte.
Le caratteristiche comuni di un camper di lusso includono planimetrie spaziose, elettrodomestici residenziali di qualità professionale (nei modelli più grandi si possono trovare anche delle cucine da chef complete), mobili di lusso e materiali e finiture di alta qualità (come i mobili di uno yacht). Molti dispongono anche di sistemi di altoparlanti integrati, collegamenti Wi-Fi mobili e funzionalità di elettrodomestici hi-tech. E, mentre l'impianto idraulico di tutti i camper è per lo più lo stesso, i camper di lusso sono dotati di docce più spaziose e servizi igienici e sanitari per uso residenziale. Alcuni sono dotati persino di terrazze sul tetto, acquari e spazio di stivaggio sottoscocca per viaggi extra-lunghi.
Quanto costa un camper di lusso?
L’acquisto di un camper di lusso è una possibilità riservata a pochi poiché il prezzo varia in base alle specifiche del modello scelto. In generale, si dovrebbe essere disposti ad investire cifre che vanno dai 500.000 mila euro fino a circa 3 milioni di euro per uno dei modelli più cari al mondo, l’EleMMent Palazzo Superior.
In alternativa, si può provare l’esperienza di un camper di lusso optando per il noleggio di un modello . In questo caso i prezzi variano in base alla tipologia del veicolo: quelli di classe A possono essere affittati per un costo che varia dai 250 e i 450 euro a notte, che scende a 200/350 euro a notte nel caso di modelli di classe C, fino ai 150/300 euro a notte per i modelli di classe B.
Dove possono sostare i camper di lusso?
Poiché le loro dimensioni e capacità non sono poi così diverse da quelle di un camper standard, quelli di lusso possono sostare in quasi tutti i luoghi in cui sono consentiti gli altri veicoli ricreazionali.
Molti parchi per camper, parchi nazionali o campeggi possono ospitare questi veicoli, ma è meglio controllare i parametri e le specifiche della destinazione prima di pianificare qualunque viaggio.
ANDY-WALL DE RAPSFELD - Tenda da sole per camper, 150 cm, 450
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- The Inventory
A finance CEO's $300 million Ponzi scheme funded a 'lavish' lifestyle, authorities say
Drive planning ceo todd burkhalter used investors' cash to buy a yacht and real estate, regulators say.
The chief executive and founder of an Atlanta-based financial consulting firm is also the leader of a $300 million Ponzi scheme who used investors’ cash to fund his own luxurious lifestyle, according to federal regulators.
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The Securities and Exchange Commission (SEC) on Wednesday charged Drive Planning CEO and founder Todd Burkhalter for violating antifraud protections. Both Burkhalter’s assets and those of his company’s — which the SEC alleges is its founder’s “alter ego” — have been frozen.
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Over the past four years, Burkhalter sold unregistered securities, which he described as a “bridge loan opportunity promising 10% in 3 months,” according to the SEC’s complaint filed in the U.S. District Court for the Northern District of Georgia. By the end of June, more than 2,000 people had invested more than $300 million.
Drive Planning’s team of more than 100 sales agents encouraged people to tap their savings for the securities and claimed that the company pooled the investments and loaned the money out to property developers to make profits. In reality, money from new investors was used to pay returns to existing investors and fund Burkhalter’s lifestyle, the complaint says.
[T]he defendants’ business was nothing more than a classic Ponzi scheme, using new investor money to pay returns to existing investors, with Burkhalter stealing millions to fund a lavish lifestyle,” Nekia Hackworth Jones, the director of the SEC’s Atlanta office, said in a statement.
In a section of the complaint aptly titled “Spending Other People’s Money,” the SEC laid out some of Burkhalter’s alleged misappropriation of funds. That includes a $3.1 million transfer to a boat dealer for a yacht named the “Stillwater,” which he renamed to “Live More.”
Drive Planning also spent almost $320,000 on clothing, jewelry, and beauty treatments, including $75,785 at Louis Vuitton, and $4.6 million to charter private jets and luxury cars. Hundreds of thousands of additional dollars were spent on hotels and resorts and car-related expenses, the SEC said.
Burkhalter used investor funds to buy a clothing store owned by Blue Ridge, Georgia-based TBR Supply House. Another $1.45 million was wired to private jet seller NetJets , a Berkshire Hathaway company, according to the complaint.
Investor funds were also used to buy Burkhalter a ranch in Mineral Bluff, Georgia, where he owns a large barn — funded by investor cash — that he rents out for events . And at least $2 million in investor funds were used to buy him a luxury condo in Cabo San Lucas, Mexico, the SEC said.
The SEC claims Burkhalter has used or plans to use real estate he bought with investor cash to fund his obligations under a divorce settlement. At least $6.6 million of Drive Planning’s funds were used to buy real estate under Burkhalter and his now-ex wife’s names.
Burkhalter and Drive Planning did not immediately return a request for comment.
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Mega Yacht listed for sale on YachtWorld offers a diverse price range, from $86,293 on the more reasonably-priced side to a stunning $106,883,708 for the most extravagant models available. It is important to take into consideration the expenses associated with ownership when evaluating your budget and the listed price of a yacht available for sale.
Si chiama "Motor Yacht A", sempre in onore dell'iniziale dei coniugi Melnichenko, e vale circa 300 milioni di euro. Come "Sailing Yacht A", è stato disegnato da Philippe Stark. Misura 119 metri ...
Above: Video footage of Koru - Jeff Bezos' yacht - on YachtWorld's YouTube channel that shows the superyacht on her maiden voyage before setting sail into serene waters amidst the morning air.. A $500 Million Masterpiece. Koru, formerly referred to as Y721, is a sailing yacht that stands out in multiple ways.Constructed with a steel hull and an aluminum superstructure she has three ...
May 1, 2023, 8:00 AM PDT. Nancy Walton Laurie owns a stake in Walmart. Steve Eichner/Getty Images. Walmart heiress Nancy Walton Laurie owns a multi-award-winning $300 million superyacht. "Kaos ...
Il costo del suo nuovo gigayacht, infatti, dovrebbe aggirarsi intorno ai 430 milioni di sterline, ovvero circa 500 milioni di euro. LO YACHT DI ABRAMOVICH sarà IL Più COSTOSO DEL 2021? Il nuovo mega yacht di Abramovich è ancora in costruzione al cantiere navale Lloyd Werft di Bremerhaven, in Germania. Durante le fasi costruttive, il cantiere ...
It started last week with a video depicting him and his friends touring yachts ranging from $1 to $1 billion. Honestly, we had high hopes for the $1 yacht, it seemed like a bargain. Until it sank. But it also explains where Donaldson's footitus kicked into high gear -- because he turned up this week with Tom Brady aboard a $300 million superyacht.
Well, well, well. Not everyday does a $300 million dollar mega yacht stop by the San Francisco Bay Area! The creatively named "A" yacht is owned by 38 year old Russian billionaire Andrey Melnichenko and his lovely supermodel wife Aleksandra! Andrey made his money in fertilizer, banking, and energy and is worth a reported $4.4 billion dollars.
A federal court has issued a temporary injunction and frozen the assets of the alleged architect of a $300 million Ponzi scheme ... investors' money were a $3.1 million yacht, a $2 million condo ...
A Florida agent and his Georgia business built a $300 million Ponzi scheme funded by more than 2,000 unwitting investors, the SEC said. ... buying a $3 million yacht, and hiring private jets, ...
Jeff Bezos has commissioned a $500 million mega yacht, Bloomberg reports. The yacht is reportedly longer than a football field, features several decks and will have a support yacht with a helipad ...
The SEC filed a complaint in the U.S. district court in Atlanta alleging that from 2020 to June of this year, Burkhalter "raised more than $300 million for purported real estate investments ...
A man is accused of using his Atlanta-based business to run a $300 million real estate Ponzi scheme. ... the SEC says Burkhalter was using the money to buy a $3.1 million yacht, a $2 million ...
The exec also pointed out that the Koru is more than 100 feet longer than Barry Diller's yacht, which measures just over 300 feet — but not as big as David Geffen's 453-foot vessel ...
Oher played eight seasons as a starting offensive tackle in the N.F.L. and won a Super Bowl with the Baltimore Ravens. He is now 38, and his neatly trimmed beard has a few flecks of gray.
Burkhalter allegedly stole investor funds to buy a $3.1 million yacht and fund lavish lifestyle. For Immediate Release. 2024-97. Washington D.C., Aug. 14, 2024 — ... Russell Todd Burkhalter, to halt a $300 million real estate Ponzi scheme impacting more than 2,000 investors. Additionally, a receiver was appointed over Drive Planning.
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In generale, si dovrebbe essere disposti ad investire cifre che vanno dai 500.000 mila euro fino a circa 3 milioni di euro per uno dei modelli più cari al mondo, l'EleMMent Palazzo Superior.
Detailed in the SEC's lawsuit are extravagant purchases including a $3.1 million yacht and a luxury condo worth $2 million, and an additional $4.6 million that was allegedly spent on luxury jets ...
A finance CEO's $300 million Ponzi scheme funded a 'lavish' lifestyle, authorities say Drive Planning CEO Todd Burkhalter used investors' cash to buy a yacht and real estate, regulators say