Last month I mentioned that Dave Ritchie, co-founder of Vancouver-based Ritchie Bros. Auctioneers, was selling his 220-foot luxury megayacht, Apoise at a Ritchie Bros. auction in Grand Cayman on March 30. Whoever bought it seems to have gotten a great deal. The Apoise, the world's 89th largest yacht, sold for $46.6 million. That may sound like a lot but the yacht has an estimated worth of $87 million. Ritchie had originally paid around $90 million and then spent more on a refit in 2009. The Lurssen yacht was sold without reserve meaning that the highest bid gets it no matter what, a situation that worked out well for this buyer.
The yacht has room for 12 guests and 19 crew and cruises at 14 knots and there is an outdoor Jacuzzi on deck. Ritchie bought the yacht in 2006 when he retired as chairman of Ritchie Brothers. In a press release for the auction announcement Ritchie said that he enjoyed cruising the world on the yacht but thought it was time to sell. Despite the discount price Stephen Branch from Ritchie Bros. stated that "the owner is extremely happy with the outcome."
The yacht has room for 12 guests and 19 crew and cruises at 14 knots and there is an outdoor Jacuzzi on deck. Ritchie bought the yacht in 2006 when he retired as chairman of Ritchie Brothers. In a press release for the auction announcement Ritchie said that he enjoyed cruising the world on the yacht but thought it was time to sell. Despite the discount price Stephen Branch from Ritchie Bros. stated that "the owner is extremely happy with the outcome."
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