Donald Trump is an influential public figure and television personality who has gathered fame globally. He was the 45th president of the United States of America and served from 2017 to 2021.
There are many unanswered questions regarding Donald Trump, including does Trump have a yacht? Let’s unveil the answer.
The answer is NO. Trump does not have a yacht currently. However, he once possessed a 86 meters superyacht. In 1988, a Saudi businessman sold his boat, Nabila, to Donald Trump. Later in 1991, Trump had to put that yacht on the market for sale as his business was becoming nearly bankrupt.
From Whom Did Trump Buy Yacht?
There are not many people who can spend their money passionately. Donald Trump loves to splash his cash, as we have seen him on the presidential campaigns.
The yacht, known as Trump Princess, was not Donald Trump’s first. In 1980, a Saudi billionaire and businessman named Adnan Khashoggi bought a catboat from Benetti. In addition, he titled his yacht Nabila, the name of Adnan’s daughter.
Adnan Khashoggi spent 100 million dollars to purchase the yacht. In addition, it was the most impressive and largest yacht on earth. Moreover, in a James bond movie named Never Say Never Again (1983), the catboat appeared as part of the movie.
However, in the late 1980s, Adnan Khashoggi’s business was not going well. So, he sold his yacht to Donald Trump for only 29 million dollars in 1988.
What Happened To Trump’s Yacht?
After purchasing a yacht, Nabila, Donald Trump renamed it to Trump Princess. He not only bought the catboat but also customized it to its maximum limit. The Trump Princess had a pool, a sauna, an elevator, a cinema theatre, and a disco. It even had a private hospital.
However, Donald Trump’s business was not going well, and he was 900 million dollars in debt. He became desperate to stabilize his business. So, Donald Trump had to sell the Trump Princess.
In 1991, Donald Trump sold his yacht to a Saudi prince named Al-Waleed for only 19 million dollars. Later, the prince renamed the superyacht Kingdom 5KR.
Is Trump Princess The Largest Yacht In The World?
In 1983, when the yacht was built, it was the largest yacht in the world, also called a superyacht. Moreover, it was the most expensive superyacht of that time. However, currently, Trump Princess, now known as Kingdom 5KR, is the 8th largest yacht on earth.
In 2022, the record of being the largest personal superyacht in the world was passed to Azzam. Azzam is around 180 meters long. It was constructed in 2013 by Lurssen and cost an estimated 600 million dollars.
Engineer Saad Al Ahbabi was the guide for the following superyacht project. Sheikh Khalifa bin Zayed al-Nayan, the Emir of Abu Dhabi and the president of the UAE, is the owner of this engineering masterpiece.
What Happened To Trump Princess II?
After finishing customization on Nabila, later renamed to Trump Princess, Donald Trump announced plans to build Trump Princess II in 1989. He also claimed that the new yacht would be much bigger than the following boat.
The company Amels that built Trump Princess took the deal to construct Trump Princess II, which was meant to be 128 meters long. In 1990, he went to buy the entire yacht manufacturing company.
But due to financial difficulties, Donald paused his extravagances. In addition, two months after buying the manufacturing company, he sold it to an American businessman Peter Kutell.
Moreover, in that month, Donald Trump put his superyacht, Trump Princess, on sale. Besides, he also paused the construction of Trump Princess II, which was never restored.
Will Donald Trump Buy Yacht?
In reality, Donald Trump was never a yacht enthusiast. He may have a habit of showing off his money. Besides, Trump’s cash extravagance is out of calculation.
Donald Trump did not give any assurance of buying any yacht shortly. Besides, there is no information regarding his willingness to purchase or construct a superyacht for traveling and spending vacations.
Sources
- https://www.boatinternational.com/yachts/editorial-features/trump-princess-inside-donald-trumps-superyacht – Donald Trump’s Lavish Superyacht Interior (Boat International)
- https://oliverdesign.es/en/portfolio/trump-princess/ – Donald Princess Portfolio (Oliver Design)
- https://www.thegentlemansjournal.com/article/history-donald-trumps-luxury-yachts/ – Donald Trump’s Yacht’s History (Gentleman’s Journal)