Tommy Hilfiger’s Yachts: A Look at the Finances of the High Seas

Estimated read time 3 min read
Flag / Motoryacht , source/owner of the picture: Peter Seyfferth, theyachtphoto.com

Tommy Hilfiger is known for his fashion empire, but he is also known for his love of the high seas. The designer has owned several yachts throughout his career, each more luxurious than the last. But just how much does it cost to own a yacht like Tommy Hilfiger‘s?

Let’s take a closer look at the finances of Tommy Hilfiger‘s yachts:

The Yachts

Tommy Hilfiger has owned several yachts over the years, including:

  1. The 47-meter power yacht, Freedom. This yacht was built in 2000 and can accommodate up to 10 guests in five staterooms. It features a large deck area with a Jacuzzi, a barbecue, and a bar.
  2. The 55-meter sailing yacht, Hyperion. This yacht was built in 1998 and can accommodate up to six guests in three staterooms. It features a large deck area with a Jacuzzi and a dining table that can seat up to 12 people.
  3. The 36-meter power yacht, Jaz. This yacht was built in 2006 and can accommodate up to eight guests in four staterooms. It features a large deck area with a Jacuzzi and a dining table that can seat up to eight people.
  4. The yacht named Flag

The Costs

Owning a yacht like Tommy Hilfiger‘s comes with a hefty price tag. Here are some of the costs associated with yacht ownership:

  1. Purchase price: Tommy Hilfiger‘s yachts cost millions of dollars to purchase. For example, the estimated cost of Hyperion was around $30 million.
  2. Maintenance: Yachts require constant maintenance to keep them in good condition. This includes regular cleaning, painting, and repairs. The cost of maintenance can range from tens of thousands to hundreds of thousands of dollars per year, depending on the size of the yacht.
  3. Crew: Yachts require a crew to operate them. The crew includes a captain, engineers, deckhands, and stewards. The cost of the crew can range from tens of thousands to hundreds of thousands of dollars per year.
  4. Insurance: Yachts require insurance to protect them from damage or loss. The cost of insurance can range from tens of thousands to hundreds of thousands of dollars per year, depending on the size of the yacht.
  5. Docking fees: Yachts require a place to dock when they are not in use. The cost of docking fees can range from a few hundred dollars per night to tens of thousands of dollars per month, depending on the location.

Conclusion

Tommy Hilfiger‘s yachts are a luxurious escape on the high seas, but they come with a high price tag. The purchase price, maintenance, crew, insurance, and docking fees can add up to millions of dollars per year. Despite the costs, owning a yacht like Tommy Hilfiger‘s is a status symbol for the ultra-rich, and a way to enjoy the beauty and tranquility of the ocean in style.

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