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Bizarre Story of the History Supreme Yacht

Ian Fortey

You may have heard that the most expensive yacht in history is called the History Supreme. As near as I’ve been able to figure out, that’s not true. Not because the alleged $4.8 billion yacht wouldn’t be the most expensive – that’s far more than the next most expensive yacht. Instead, it’s not true because the History Supreme is not a real yacht. It doesn’t exist. But you wouldn’t know that from how the internet works.

The World’s Most Expensive Yacht

the history supreme yacht cost

If you Google the most expensive yacht nearly all the top results, whether they are lists or single topic articles, tell you about History Supreme. Every single one of these articles uses the same four photos. Keep that in mind because it will be important in a moment.

According to the stories, which all source their information from the same place, the History Supreme was designed by a man named Stuart Hughes. Hughes is famous for elevating common things to the extravagant. He had added hundreds of diamonds to things like iPhones and iPads, turning the everyday pieces of technology into multi-million dollar pieces of art.

Hughes himself states he designed the History Supreme for an anonymous Malaysian businessman back around 2011. 

What Made the History Supreme So Expensive?

the history supreme yacht cost

Hughes is famous for his excess so he was said to have gone all out with the History Supreme. One wall feature in the master suite was said to be made from meteoric stone (as in, harvested from a meteor) and included genuine dinosaur bone shaved from a Tyrannosaurus Rex found in Arizona. The dino bones alone were priced at $89,000.  There was even supposed to be a massive diamond housed in a luxury liquor bottle on display and a panoramic wall aquarium. So this ain’t your dad’s fishing boat , that’s for sure.

The big cost for the History Supreme was the solid gold and platinum. Hughes said he used 100,000 kg of precious metals to cover nearly every surface on the boat. The railings, the deck, the dining area, even the base of the boat was said to be wrapped in gold. Even the anchor was gold. And, for the record, 100,000 kg is about 220,000 pounds or 110 tons. Wow, right? Sounds like an amazing yacht.

Who Owns History Supreme?

the history supreme yacht cost

All photos of the History Supreme came from Hughes own website and since that time, in 2011 or so, not a single other photo of the boat has been taken. No one has reported seeing the boat and no one even knows who owns the boat.

People have assumed that the owner would be a man named Robert Kuok, the richest man in Malaysia. His fortune is around $14.5 billion. If he was indeed the man who purchased this boat, it means he spent one third of all of his money on it. That’s a lot of money to invest in a single boat. 

Why Is the History Supreme Fake?

the history supreme yacht cost

At the end of the day, there is no evidence History Supreme ever existed for real. The most damning evidence is those four photographs. Some internet sleuths who were unconvinced about the story of the History Supreme realized that the boat in Hughes photos looked a lot like the Baia One Hundred, a yacht made by Italian yacht makers Baia in 2008. 

The sales manager from Baia was contacted by a yachting news website back in 2011 to ask about the History Supreme. Because, in fairness, Hughes never claimed he was a yacht maker. He’s a man who makes normal things extravagant. He could have taken a One Hundred from Baia and made it into History One, right? Not so fast.

Baia’s sales manager said those photos were stolen from their website and doctored. So they were not new photos of an altered boat, but altered photos of an old boat. Moreover, and this is crucial, he also pointed out what should have been obvious to anyone working in boating news. If Hughes added 110 tons of gold to the boat, how the heck was it staying afloat?

The One Hundred has a displacement of 80 tons as is. Imagine adding an extra 110 tons of gold on top of that. There’s just no way. It would sink to the bottom like a stone. And honestly, how would that boat even work? Gold on the outside hull would get scraped off, assuming people didn’t strip it in the middle of the night. And a gold anchor? You’d risk the gold getting scraped and knocked off every time you used it. It just doesn’t make sense. 

While it seems like a cool story at first, I have to say it’s just beyond reason. It doesn’t make sense. No one has seen the boat in over a decade. Only four photos exist and they seem to have been photoshopped. And, finally, science itself stands in the way of the boat even working with the sheer mass of gold that’s supposed to be on board. For those reasons, we have to call this one a straight up hoax. There is no History Supreme.

The Bottom Line

For over a decade now, numerous websites have claimed History Supreme as the most expensive yacht in the world. But since no one has seen the yacht in over a decade, the pictures are apparently photoshopped, and it’s far too heavy to even work as a boat as it’s been described by the man who allegedly made it, we’re saying that the boat is just a hoax and never existed in the first place. 

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My grandfather first took me fishing when I was too young to actually hold up a rod on my own. As an avid camper, hiker, and nature enthusiast I'm always looking for a new adventure.

Categories : Yachts

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Angel A on December 18, 2022

I’ve read about 10 000 kg gold, not 100 000. 100k is beyond ridiculous. Even 10k is. Here’s why: https://www.bbc.com/news/magazine-21969100

“His figure for the overall amount of gold in the world is 155,244 tonnes – 16,056 tonnes, or 10% less, than the assessment by Thompson Reuters GFMS. A relatively small disparity, perhaps, but one that at today’s prices comes to more than $950 billion.”

So 16 tonnes are 950 billion dollars… how about that? ;-))

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Anon on July 8, 2023

It says 16 thousand tonnes, not 16 tonnes.

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History Supreme Yacht Most Expensive: Exploring the Ultimate Luxury Vessel

The History Supreme yacht is a marvel in the world of luxury and wealth, often touted as the most expensive yacht ever built. At an astounding $4.8 billion, this gold-plated superyacht is said to have been purchased by an anonymous Malaysian businessman after taking three years to complete with over 220,462 pounds of precious metals used in its construction source . Measuring 30.48 meters in length, this opulent vessel stands as a symbol of ultimate extravagance, surpassing even the largest yacht in the world, the Eclipse.

However, despite its reputation and jaw-dropping price tag, the existence of the History Supreme yacht is shrouded in controversy. Reports have surfaced stating that the yacht is not actually a real vessel source . The internet is rife with conflicting information, raising questions about the authenticity of this luxurious superyacht and leaving enthusiasts to ponder over its true nature.

Regardless of the uncertainty that surrounds the History Supreme, its legendary status and the sheer extravagance of the materials used in its alleged construction have undoubtedly captivated the world's attention. Whether real or simply a myth, the History Supreme yacht continues to be a fascinating topic of discussion for yacht aficionados and luxury enthusiasts alike.

the history supreme yacht cost

History Supreme Yacht Overview

Design and features.

The History Supreme yacht, designed by renowned luxury designer Stuart Hughes, is one of the most exclusive and lavish vessels in the world. This stunning creation took over three years to complete and boasts many exquisite details[^( https://www.superyachts.com/news/story/history-supreme-the-andpound3-billion-gold-plated-yacht-1351^ )]. Designed with an emphasis on luxury and extravagance, it includes a variety of opulent amenities catering to the needs and desires of the world's elite.

Some of the standout features in the History Supreme yacht include a lavish dining area, meticulously crafted railings, and an impressive deck area for leisure and relaxation. With every inch of the yacht crafted to perfection and attention to detail, it ensures a truly unparalleled experience for its guests[^( https://www.boatsafe.com/yacht-history-supreme/^ )].

Materials Used

What sets the History Supreme yacht apart from other vessels is its extensive use of precious metals. An astounding 100,000 kg of gold and platinum were utilized in its construction, setting a new benchmark for opulence in the world of yachting[^( https://www.superyachts.com/news/story/history-supreme-the-andpound3-billion-gold-plated-yacht-1351^ )]. This extraordinary use of precious metals extends to nearly every surface on the boat, from the railings and deck to the dining area and even the anchor[^( https://www.boatsafe.com/yacht-history-supreme/^ )].

Purchased by an anonymous Malaysian businessman, the History Supreme yacht holds the title of the most expensive yacht ever sold[^( https://atlanticyachtandship.com/the-midas-touch-4-8-billion-history-supreme-most-expensive-yacht-ever-sold/^ )]. With its staggering use of 220,462 pounds of precious metals and unparalleled attention to detail, it is easy to see why the History Supreme yacht has garnered such acclaim and interest in the world of luxury yachting.

the history supreme yacht cost

Record-Breaking Price

Factors of supreme value.

The extravagant History Supreme yacht holds the title of the most expensive yacht in the world, with a staggering price tag of $4.8 billion . One of the key factors contributing to its supreme value is the abundance of precious metals used in its construction.

Renowned luxury designer Stuart Hughes designed the History Supreme, employing over 100,000kg of gold and platinum in its creation. The construction process took more than three years to complete, and the result is a breathtaking vessel that stands alone at the pinnacle of luxury.

Some of the extravagantly luxurious features of the History Supreme include:

  • Gold-plated rooms
  • Base of the boat, deck, and dining area adorned with precious metals
  • More than 220,462 pounds of gold and platinum materials

Comparison to Other Luxury Yachts

The History Supreme's incomparable price tag sets it in a league of its own, significantly surpassing even the most luxurious and expensive yachts on the market. By way of comparison, the fifth most expensive superyacht in the world is the Dubai , which has an estimated value of $400 million - a fraction of the History Supreme's monumental price.

In addition to the unmatched value of the precious metals used in the History Supreme, the exclusivity associated with owning the world's most expensive yacht and the remarkable design elements by the acclaimed Stuart Hughes place this vessel in a truly unique category of unparalleled luxury.

the history supreme yacht cost

Ownership and Origin

Current owner.

The current owner of the History Supreme yacht is Malaysian businessman Robert Kuok . Kuok, a self-made billionaire, runs the Kuok Group, an international corporation with operations all around the world. He reportedly spent a third of his $12.8 billion fortune when he paid $4.8 billion for the History Supreme.

Manufacturer and Designer

The History Supreme yacht is a product of extraordinary craftsmanship and design. It was designed by Stuart Hughes , a world-renowned luxury designer. The project took just over three years to complete, and it is reported to be worth over £3 billion.

Built with around 100,000 kg of gold and platinum, the yacht is truly one of a kind. The precious metals are used to cover nearly every surface on the boat, including the railings, the deck, the dining area and even the base of the boat. The anchor is also made of gold .

The sheer amount of precious metals used in the construction of this magnificent yacht justifies its title as the most expensive yacht in the world.

Controversies and Criticisms

Environmental concerns.

One of the primary criticisms surrounding the History Supreme yacht is its potential environmental impact. The vessel is said to be plated with around 100,000kg of gold and platinum , which raises questions about the sustainability of using such vast quantities of precious metals. Extraction of these metals often leads to environmental degradation, including deforestation and pollution.

Access and Usage Limits

Another controversy related to the History Supreme yacht is the access and usage limitations. As a vessel worth billions of dollars, it's likely that only a select few individuals will be able to enjoy it. The exclusivity of the yacht is often met with criticism, as it highlights the stark differences between the extremely wealthy and the rest of society.

Moreover, the fact that the yacht has been rarely seen since its unveiling has led to speculation and skepticism around its legitimacy and existence. The lack of public access and the secretive nature of its whereabouts have only fueled concerns and criticisms, making the History Supreme yacht a controversial figure in the world of luxury vessels.

the history supreme yacht cost

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the history supreme yacht cost

The Midas Touch: $4.8 Billion History Supreme Most Expensive Yacht Ever Sold

We’ve seen some opulent yachts, but the 100-foot History Supreme takes the gold-encrusted cake. Stuart Hughes, a British purveyor of luxury gadgets, took a break from his role as an iPad alchemist to create the $4.8 billion superyacht, covered in platinum and gold from bow to stern.

Purchased by an anonymous Malaysian businessman, History Supreme is the most expensive yacht ever sold, according to Luxury Launches. The Daily Mail reports that the impressive vessel took three years to complete and used over a staggering 220,462 pounds of precious metals. Everything – from the base of the boat, to the deck, dining area, rails and anchor – were decked out in gold and platinum.

the history supreme yacht cost

The exorbitant price tag is also the result of the lavish master bedroom, adorned in platinum with a wall feature that is made from meteoric stone and a genuine T-Rex dinosaur bone. It is rumored that Robert Kuok purchased the superyacht, worth 10 times the amount Roman Abramovitch (previous title holder for world’s most expensive yacht) paid for the Eclipse megayacht. Kuok is one of only three Malaysians with a net worth of $5 billion or more, according to Forbes billionaire’s list . If the purchase price is accurate, “the most likely buyer is Robert Kuok , the richest man in Malaysia, with a net worth of $12.5 billion,” reports Business Insider .

the history supreme yacht cost

We may not have any gold-fringed yachts for sale , but Atlantic Yacht & Ship features a wide variety of yachts and boats for sale that will suit even the most distinguishing tastes. Check our listings and contact a sales rep today to tour any vessel at 1-888-230-0439.

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The World’s Most Expensive Yachts—Including Some That Cost Billions

By Brett Berk

most expensive yachts

Though superyachts are already among the most costly consumer items available, the prices of the most expensive yachts in the world are still astounding. In recent decades, those with money to burn have settled on these floating palaces as an ideal locus for demonstrating their prosperity, and, as such, the global luxury yacht industry is undergoing a golden age. The world’s überwealthy think of their motor yachts as toys, and they’re constantly trying to outdo each other in scale, design, amenities, materials, and sheer profligacy.

Knowing this, what features does it take to own one of the most expensive yachts in existence? And how much do these opulent vessels actually cost? To that end, AD has compiled a list of the five priciest superyachts currently out on the water. As with many things connected to the very wealthy, details are shrouded in secrecy—often intentionally—to shield the assets from taxation or seizure, or to protect privacy.

Below, dive into the five reportedly most expensive yachts in the world.

5. Dubai ($400 million)

Image may contain Transportation Vehicle Yacht and Boat

This 531-foot yacht is reportedly owned by United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai. Though it was originally planned for another Middle Eastern potentate, Prince Jefri Bolkiah of Brunei, he suddenly voided the contract in 2001. With exteriors designed by Andrew Winch and interiors by Platinum Yachts, this German-built Blohm + Voss vessel features several Jacuzzis, a pool inlaid with handmade mosaic tiles that is reportedly large enough to hold 115 people, a circular staircase, a discotheque with an appropriately sized dance floor, squash courts, a movie theater, a dining room for 90 guests (the other 25 presumably have to eat in the pool?), a helipad, and a submarine.

4. Topaz ($527 million)

most expensive yacht

Resembling a stealth bomber, this 483-foot ship is reportedly owned by Russian fertilizer and coal oligarch Andrey Melnichenko. With exteriors by Tim Heywood Design Ltd. and interior designs by Terence Disdale Design, this German-built Lürssen Yacht features a 2,500-square-foot primary bedroom, six guest suites (with moveable walls so they can be transformed into four grand staterooms), glassware and tableware fashioned from French crystal, a helicopter hangar, a 30-foot speedboat tender, and three swimming pools, including one with a glass-bottom dangling menacingly above a disco.

3. Azzam ($600 million)

most expensive yachts

This 590-foot ship is currently thought to be the largest private yacht in the world and one of the fastest, with a top speed of 35 miles per hour. To achieve this immense scale and speed, it required a pair of gas turbines and two stratospherically potent diesel engines, rendering it very difficult to build. It is reportedly owned by a member of the royal family of the UAE, Sheikh Khalifa bin Zayed Al Nahyan. With exteriors by Nauta Yacht and interiors by French decorator Cristophe Leoni, this yacht was also built by Lürssen in Germany. The vessel is set apart by its early 19th-century Empire-style veneered furniture, as well as its state-of-the-art security systems, including a fully bulletproof primary suite and a high-tech missile deterrence capabilities.

2. Eclipse ($1.5 billion)

most expensive yachts

In addition to being the second-costliest, this 533-footer is thought to be the world’s second-largest private yacht. Owned by Russian billionaire Roman Abramovich , the ship was claimed to be located in Turkey and may be impounded as part of the United Kingdom’s sanctions against Russia. Designed by Terry Disdale and built by Blohm + Voss, it features two-dozen guest cabins, two swimming pools, two helipads, and multiple hot tubs. For privacy and security reasons, it hosts a missile detection system, bulletproof windows in the primary bedroom and on the bridge, an anti-paparazzi shield, and, when all of that fails, a mini-submarine that can take a few VIPs 164 feet under the ocean’s surface.

1. History Supreme ($4.8 billion)

History Supreme has never actually been seen in a major port, and rumors suggest that the yacht may not be real and instead just a publicity stunt. Reportedly owned by Malaysia’s richest man, Robert Kuok, and designed by Stuart Hughes in the UK, the yacht is only a paltry 100 feet long. Its worth is said to be derived from its lavish finishes, including a statue constructed from genuine Tyrannosaurus rex bones, a liquor bottle embedded with an 18.5-carat diamond, and a primary bedroom with one wall made from meteorite and another from a 24-karat gold Aquavista Panoramic Wall Aquarium. If you see it somewhere, let us know.

Frequently Asked Questions

How much is Jeff Bezos’s yacht?

Most Expensive Yachts

This is why people like Amazon founder Jeff Bezos work to keep their yachts out of the public eye. Though we are not including Jeff Bezos’s yacht, Koru (Maori for “coil”), in this list because it is a sailing yacht and thus excluded from the realm of these motor yachts, it created controversy in the Netherlands when its presence became known. Jeff Bezos’s abided the $500 million price tag of Oceanco, the Dutch custom yacht builder, to create the 417-foot megayacht. But when the company, at Bezos’s behest, requested that a local bridge be dismantled to make way for its gigantic mast on its journey from the shipyard, public sentiment turned against the cento-billionaire, and Oceano shelved its request. Maybe a port like Monaco would be more accommodating?

Also not on this list is the world’s largest private yacht, reportedly owned by Alisher Usmanov. Though size and cost typically scale in the world of superyachts, this is not always the case (see #1 in this list.) Also, Somnio, the 728-feet dream-monikered yacht liner that tops our list of the world’s largest private yachts , isn’t quite done being constructed. And it is not, like most of the largest superyachts, privately owned by one individual or family—it’s a kind of floating condo, with 39 eight-figure homes available to potential owners solely by invitation.

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Yacht or Knot: History Supreme – The World’s Most Expensive Yacht

the history supreme yacht cost

A glimpse of the Most Expensive Yacht, History Supreme | Photo Courtesy Stuart Hughes

Have you ever seen a vessel of floating gold? If you’re in the right place at the right time, you may just run into the History Supreme , the most expensive and arguably the most unique yacht ever designed and built.

Since the beginning of time, the world’s elite have flaunted their affluence, but this floating masterpiece may just blow every other show-and-tell yacht extravagance out of the water.

the history supreme yacht cost

The History Supreme was created and built by Stuart Hughes, a British purveyor of frilly gadgets and the creator of both the most expensive suit and most expensive iPhone in the world. This supreme boat was sold to an anonymous ultra-wealthy Malaysian business man, assumed to be Robert Kuok.

You have to see it to believe it, as this almost implausible work of floating golden art took Hughes 3 years to complete and cost $4.8 billion. Mr. Hughes was ecstatic when approached by a friend in the yachting circle to design the luxury liner. He had free creative reign to design and construct the yacht as he wished. Hughes never met the purchaser of his creation, Mr. Kuok, who is reported to be the richest man in Malaysia with a net worth of $12.5 billion.

the history supreme yacht cost

At 100 feet long, and weighing-in at staggering 220,462 pounds worth of precious gold and platinum, all the extraordinary features are on deck and opulently on display.

The dining area, rails and anchor are all made from priceless metals, and the base of the vessel is wrapped in pure gold. The superyacht’s lavish interior features central sleeping quarters and is adorned with platinum accents, including wall features made from meteoric stones and authentic T-Rex Dinosaur bones.

This astounding and innovative abundance continues on board with a luxury liquor bottle featuring an 18.5 carat diamond, one of the rarest in the world. Also, wrap your head around the custom iPhone that’s covered in 500 cut diamonds which include two interchangeable diamonds fitted over the phone’s “home button”. If you forget that you’re at sea, a reminder might also be the yacht’s superbly ordained panoramic wall aquarium made of 24 carat gold.

the history supreme yacht cost

The History Supreme has maintained the title of most expensive yacht on the high seas for nearly a decade now, with no other luxury liner able to surpass its mammoth price tag. Too good to be true, or knot?

Stuart Hughes

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The HISTORY SUPREME

the history supreme yacht cost

£ 3,000,000,000.00

Description

The worlds most unique yacht â HISTORY SUPREME â probably the most expensive.This project was commissioned for Stuart Hughes of Liverpool U.K. from an anonymous leading Malaysian business man.At 100ft the yacht took 3 years to complete , a circa of 100,000 kilograms of solid gold and platinum were added to make this an exciting project.All features inc deck , dinning area , rails , anchor , made from precious metals.The base of the vessel was wrapped in gold , a thin layer was formed to embrace this huge section.The main sleeping quarter was adorned with platinum accents of which included , wall feature , made from meteoric stone , with genuine Dinosaur bone shaved in from the raptor T – REX. A cost of £3 billion , the most exclusive yacht was born !Similar unique designs can be found on our other site www.goldstriker.co.uk

With great sorrow, we announce the passing of Stuart Hughes, the heart and soul behind Goldstriker International. Stuart’s journey came to a peaceful end, leaving a void in our hearts and an enduring legacy in the realm of luxury and craftsmanship.

Born on March 23, 1971 in the historic city of Liverpool, England, Stuart’s early life was steeped in the rich cultural tapestry of his hometown, known for its contribution to arts, music, and sports. These elements profoundly shaped Stuart, inspiring him to create Goldstriker International, a symbol of exclusivity, innovation, and extraordinary artisanship. Each creation was a testament to Stuart’s meticulous attention to detail, from the items themselves to the handmade boxes that presented them.

Stuart’s warmth and gracious spirit were as remarkable as his professional achievements. He navigated life and business with a serene confidence, an effortless charm that made every interaction memorable. His genuine kindness and approachable demeanor endeared him to all, leaving lasting impressions that went beyond the exquisite creations he brought into the world.

As we bid farewell to Stuart, we also acknowledge the closing of Goldstriker International. Without Stuart’s unique vision and passion, the continuation of the business he so lovingly built is unthinkable. This decision, though difficult, honours the fact that Goldstriker was a reflection of one man’s dream and exceptional talent.

Our hearts go out to Stuart’s family — his mother Helen, his children Daniel and Harry, Uncle Philip, Marie and Zara, and his beloved granddaughter Summer. We share in your sorrow and offer our unwavering support during this trying time.

As we reflect on Stuart’s remarkable life and legacy, we invite our cherished clients and friends to join us in celebrating the indelible mark he has left on our lives and the luxury industry. Stuart’s spirit and values will continue to inspire us, reminding us of the beauty of pursuing one’s passions with kindness, humility, and a gentle spirit.

With deepest sympathy and respect,

Stevan Brash Webmaster and Friend

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A Closer Look at the $4.8 Billion History Supreme

Most of us do not wish for much money; a million dollars is enough to make us turn our lives around, but there are always people who are looking for more. While you are praying for a car, another wants a private jet; while you are looking for more space in your garage, another is preparing to buy an entire house. We are not equal, and that is the reason why when you hear that someone is willing to buy a yacht for $4.8 billion, you have to ask who it is. A yacht that goes by the name "History Supreme" has you thinking that it contains lots of history either in its construction or decorations yet the only thing historical about the $4.8 billion yacht is the use of extinct bones. Stuart Hughes made the headlines eight years ago with the declaration that he had taken three years to complete building History Supreme, so we had to learn more about it.

Why be valued so highly?

Multi-billionaires have competed against each other to see whose yacht is the longest and when we think that we have found the winner another boat is made and it outshines the rest. History Supreme was not about being the longest; it only was going to be 100 feet long, but the materials used to make it would ensure that no other yacht ever came close to its price. Manufacturers value their products depending on the cost of production and for Stuart, the boat which he also claimed the buyer had given him free rein to make, the construction meant going all out hence the astronomical price. History Supreme was reportedly made from:

Precious metals

As little girls boast of wearing nothing but gold-coated earrings since any other will cause them to have allergic reactions, they already feel like they own the world with their jewelry all because it has a touch of gold. Well, imagine owning a vessel whose base is made from solid gold. The anonymous businessman who bought the History Supreme took pride in owning a yacht whose base was made from gold; a thin layer is formed to coat its entire base, according to Stuart Hughes.

The sleeping quarters were allegedly made from platinum and together, both the platinum and gold used weighed 100,000 kilograms. As if that is not enough of the costly expenses, holding down the vessel was an anchor also made from precious metals while the railings, dining area, and deck also were constructed from precious metals, according to Luxury Launches.

Bones of an extinct animal

The moment you learn that something no longer exists, you can be sure that finding it is going to be nearly impossible and when you do, the value will be too high for you to afford probably. Such is the case with the History Supreme, which only a multi-billionaire would dare think about buying. Stuart allegedly used the bones of an extinct dinosaur named "Tyrannosaurus Rex" or simply "T. Rex." Why anyone would choose to have the bone shavings of a carnivorous dinosaur in their bedroom is a question that only Stuart can answer given that he supposedly came up with the design.

Meteoric stone

Stuart was looking to outdo renowned yacht designers when he said that History Supreme also contained Meteoric stones in the construction of the walls of the main sleeping quarters. The significance of having meteoric stones is still about driving the price of History Supreme upwards. Although Stuart did not reveal the exact meteoric stones used, maybe the fact that they are rarer than gold and a pound could be worth as much as $1 million is enough to make us believe that History Supreme is worth every penny included in its high cost.

Time spent constructing it

Everyone values their time differently; Josh Turner sang that time is love, but to a businessman, time is money. Stuart valued his time so much that he must have factored in the three years spent constructing History Supreme in the price when he quoted the £3 billion cost.

Too good to be true

In 2011, mainstream media went into a frenzy with the news that Stuart Hughes was going to make the most expensive in the world after Stuart claimed the project had been commissioned from an anonymous Malaysian businessman. The cost of the project was £3 billion according to Stuart Hughes and at such an amount is was apparent that someone somewhere was ready to splurge on a luxurious yacht, but the question remained as to who the mysterious buyer was.

As always when questions are unanswered, curiosity gets the better of us as we wonder if what we are being told is the truth or fabricated stories. Business Insider had assumed that the billionaire who bought the yacht was Robert Kuok but later discovered that the businessman whose net worth stood at a staggering $12.5 billion at the time, had deconstructed his Hong Kong mansion to avoid displaying his wealth. Now, that is not the behavior of someone who would spend $4.8 billion on a yacht.

We are always warned that if it sounds or looks too good to be true, it usually is, and in this instance, that was the case. Upon investigations, it was discovered that the whole project was but a hoax which the media had been gullible enough to believe in without doing their due diligence before reporting the lies to the public. It is shocking how far people are willing to go to make a name or themselves because Stuart Hughes was desperate enough to be noticed. According to Yacht Harbour, he went to the website of Baia Yachts and took pictures from there which he used to try and fool the public into believing he was making the most expensive yacht worldwide.

Our instincts should, however, have told us that billionaires are not interested in having a connection with the extinct animals by building a yacht with their bones. It is all about ego and for a billionaire a yacht should be something that gives him personal satisfaction, like Roman Abramovich's Eclipse which he had built to eclipse every other boat in the sea with regards to length.

Dana Hanson

Written by  Dana Hanson

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History Supreme: The £3 Billion Gold Plated Yacht

By Ben Roberts

Intriguing reports have emerged regarding the world’s most expensive superyacht today. Worth almost ten times more than Eclipse, the largest yacht in the world, the 30.48m Gold plated superyacht, History Supreme, has now apparently hit the water.

History Supreme has been a well kept secret in the Superyacht Industry, which is understandable as the yacht itself is reportedly worth over £3 billion. Containing around 100,000kg of gold and platinum, History Supreme was designed by Stuart Hughes, the world renowned luxury designer, and took just over three years to complete.

Her hull and exterior design are both wrapped in the most sought after precious metals on the planet, coating elements of the deck, dining area, rails and even the anchor.

History Supreme also holds one of the most unique interior features to ever grace a yacht; a wall feature which is made from meteor stone and Tyrannosaurus Rex bone.

However, we feel it is highly unlikely that a superyacht adorned to this level will ever actually grace the waters, and if the reports are in fact true, it would be far better suited to a museum exhibit than a life on the ocean.

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What Is Yacht History Supreme? (The Fascinating Story Behind It)

the history supreme yacht cost

For centuries, luxury yachting has been a long-time favorite among the wealthy, a symbol of their wealth and success.

Today, one yacht stands out among the rest for its sheer opulence and grandeurthe Yacht History Supreme.

This remarkable vessel has been at the center of attention for its luxurious amenities and features, as well as its mysterious owner.

This article will explore the fascinating story behind the Yacht History Supreme, from its history of luxury yachting to its recent sightings.

Get ready to explore the world of super yachts and experience the grandeur of the Yacht History Supreme!.

Table of Contents

Short Answer

Yacht History Supreme is a luxury yacht constructed by the Australian company, History Supreme.

It was designed by the British designer, Luiz de Basto, and is constructed from 100,000 kg of solid gold and platinum.

It is said to be the most expensive yacht in the world, with an estimated cost of $4.

The yacht features a master bedroom that is made from a single piece of 24-carat gold, and a sculpture of a T-Rex dinosaur made from bone-like material.

History of Luxury Yachting

The history of luxury yachting dates back centuries, when wealthy European families would use their ships to explore the world, show off their status, and even host extravagant parties.

The history of luxury yachting has evolved over time, as advances in technology have made it easier to build bigger and more luxurious vessels.

Today, luxury yachting is a billion-dollar industry, with people from all over the world investing in some of the most expensive and extravagant yachts ever built.

One of the most iconic yachts in the luxury yachting world is the Yacht History Supreme.

Built in 2011 by the Dutch-based firm, Lrssen Yachts, the Yacht History Supreme is one of the worlds most expensive and luxurious yachts.

It measures over 100 meters in length and features a gold-plated exterior, diamond-encrusted furnishings, and a helipad.

It also has a master suite, two VIP cabins, and other luxurious amenities.

The yacht is owned by an anonymous Malaysian businessman and is often seen off the coast of Monaco.

The Yacht History Supreme is a testament to the advances in technology and luxury that have been made in the world of yachting over the years.

It is a stunning symbol of the progress that has been made in the luxury yachting industry and a reminder of the importance of creating the most luxurious and opulent experiences for those who can afford it.

Yacht History Supreme Overview

the history supreme yacht cost

Yacht History Supreme is a luxury yacht that stands out from the rest.

Built in 2011 by the prestigious Dutch-based firm, Lrssen Yachts, the vessel is one of the worlds most expensive and luxurious yachts, featuring a golden exterior, diamond-encrusted furnishings, and a helipad.

Measuring over 100 meters in length, the yacht has a master suite, two VIP cabins, and other luxurious amenities.

Its owner is an anonymous Malaysian businessman who has chosen to remain anonymous and is often seen off the coast of Monaco.

The interior of the yacht is just as stunning as its exterior.

The main deck features a luxurious salon and a dining room with an impressive glass table.

The yacht also features a gym and a sauna, as well as a private movie theater.

The upper deck is also filled with luxurious amenities, such as a bar and a jacuzzi.

The exterior of the yacht is just as luxurious and impressive.

The golden exterior is encrusted with diamonds, and the yacht also features a helipad.

The vessel is powered by two MTU diesel engines and is capable of reaching a top speed of 17 knots.

Yacht History Supreme is a symbol of luxury and extravagance, and its impressive features make it stand out from the rest.

Its golden exterior and diamond-encrusted furnishings make it one of the most luxurious yachts in the world.

Its no wonder that this yacht is often seen off the coast of Monaco, as its owner enjoys the luxury and extravagance of the vessel.

Features of Yacht History Supreme

Yacht History Supreme is a marvel of luxury and engineering, built in 2011 by the renowned Dutch-based firm Lrssen Yachts.

This luxurious yacht is an impressive 100 meters in length, and features a golden exterior, diamond-encrusted furnishings, and a helipad.

Inside, the yacht is outfitted with an opulent master suite, two VIP cabins, and other luxurious amenities.

The interior is decorated with fine woods, marble floors, and crystal fixtures.

The exterior features a large area for sunbathing, a Jacuzzi, and an outdoor bar.

The yacht also includes a spa, gym, and cinema.

The Yacht History Supreme is owned by an anonymous Malaysian businessman and is often seen off the coast of Monaco.

This impressive vessel is powered by twin MTU 20V4000 M93L engines and boasts a top speed of 16 knots.

It is equipped with the latest navigation, communications, and entertainment systems, making it the perfect choice for a luxurious, stylish getaway.

Luxurious Amenities of Yacht History Supreme

the history supreme yacht cost

The Yacht History Supreme is truly one of the worlds most luxurious vessels.

Its golden exterior is complemented by its diamond-encrusted furnishings, making it a sight to behold.

The yacht is over 100 meters in length and boasts a master suite, two VIP cabins, and other lavish amenities.

The interior of the yacht is as luxurious as its exterior.

The master suite features a private balcony and a stunning view.

Guests can relax in the VIP cabins, which are equipped with private lounges and bathrooms.

The yacht also has a helipad, allowing for easy access to the vessel.

Other amenities include a spa with a sauna and massage rooms, a gym, a wine cellar, and an outdoor cinema.

It is one of the most expensive yachts in the world, and its luxurious amenities are sure to make any voyage a memorable one.

Whether youre looking to relax in a private balcony or enjoy a movie under the stars, the Yacht History Supreme has something for everyone.

The Yacht’s Owner

The Yacht History Supreme is owned by an anonymous Malaysian businessman, who has chosen to remain unknown to the public.

However, details of the owner have been slowly revealed as the yacht has been seen in various ports around the world.

The yacht is estimated to have cost somewhere between $4.

5 billion dollars, making it one of the most expensive yachts ever built.

This is a testament to the wealth and extravagance of its owner who, it is thought, is a successful businessman from Malaysia.

What makes the Yacht History Supreme so unique is its luxurious design and amenities.

It boasts a golden exterior, diamond-encrusted furnishings, and a helipad, which make it stand out from the rest.

It also measures over 100 meters in length, making it one of the largest yachts ever built.

Inside, the yacht features a master suite, two VIP cabins, and other luxurious amenities.

The Yacht History Supreme is often seen off the coast of Monaco and other locations around the world.

This is believed to be due to its anonymous owner’s preference for privacy and luxury.

The yacht has become a symbol of the wealth and power of its owner, who remains anonymous to this day.

The Yacht’s Grandeur

the history supreme yacht cost

The Yacht History Supreme is truly a sight to behold.

From the outside, it is coated in a gold-plated finish, giving it a regal and luxurious feel.

The yacht is over 100 meters in length and features a master suite, two VIP cabins, and other luxurious amenities.

Its interior is adorned with diamond-encrusted furnishings, making it one of the most luxurious yachts in the world.

The yacht also has a helipad, allowing its owner to come and go in grand style.

It is the perfect combination of grandeur and luxury, making it the perfect vessel for the well-heeled traveler.

Recent Sightings of Yacht History Supreme

Yacht History Supreme has become a regular sight off the coast of Monaco, often spotted by tourists and locals alike.

Its impossible to miss, with its shining golden exterior and gleaming diamond-encrusted furnishings.

The yacht measures over 100 meters in length, and has a master suite, two VIP cabins, and many other luxurious amenities.

Its owner, an anonymous Malaysian businessman, has been seen on board numerous times, enjoying the sunshine, crystal-clear water, and the sounds of Monaco.

This yacht is often seen in the company of other luxury vessels, including mega yachts, super yachts, and even the occasional cruise liner.

Its a sight to behold, and one thats enjoyed by many who are lucky enough to witness it.

Yacht History Supreme has become an iconic symbol of wealth and luxury, and its not hard to see why.

The yachts helipad is also a popular spot for tourists to take pictures, as it provides a spectacular view of Monacos coastline.

Final Thoughts

Yacht History Supreme is an impressive feat of luxury yacht engineering and craftsmanship.

Its golden exterior, diamond-encrusted furnishings, and other luxurious amenities make it one of the most expensive and luxurious yachts in the world.

Owned by an anonymous Malaysian businessman, Yacht History Supreme has been seen off the coast of Monaco and is a sight to behold.

To truly appreciate the grandeur of Yacht History Supreme, we suggest taking a trip to Monaco and seeing it for yourself.

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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Inside The Most Expensive Yacht Ever Sold

superyacht upper deck corridor

Billionaires are seemingly always seeking to top one another and themselves when it comes to buying jaw-droppingly expensive and ridiculous objects. In 2011, an anonymous Malaysian man, rumored to be business tycoon Robert Kuok, may have moved to the head of the pack when he allegedly bought the hilariously named History Supreme, a yacht made of such materials as solid gold, platinum, meteoric stone, and the bone of a tyrannosaurus rex. According to Business Insider , Kuok is a notoriously private self-made billionaire who heads the Kuok Group, a multinational conglomerate that owns assorted businesses around the world. When he bought the History Supreme for $4.8 billion, he reportedly spent a third of his $12.8 billion fortune. According to Forbes , in 2021 the 97-year-old is the 171st richest person in the world with a net worth of $12.6 billion.

As reported by the Daily Mail , the History Supreme is made up of over 100,000 kg (that's over 220,000 pounds) of platinum and gold; the entire base of the boat is wrapped in solid gold and the precious metals are used throughout, while the aforementioned meteoric stone and dinosaur bone make up a "wall feature" in the master bedroom. Additional features, per Jetset Magazine , include a luxury liquor bottle adorned with a rare 18.5 carat diamond, a custom iPhone encrusted in 500 diamonds, including two special interchangable home button diamonds, and a panoramic Aquavista wall aquarium made from 24-carat gold, presumably setting a new standard when it comes to panoramic yacht aquariums.

Is the History Supreme a hoax?

The History Supreme yacht is the handiwork of British designer Stuart Hughes who per his website has also made such collectibles for the ultrarich as the world's most expensive suit, the world's most expensive iPhone, the world's most expensive model car, and a solid gold Rolls Royce Phantom. According to Jetset Magazine , the "anonymous Malaysian business man" (probably Robert Kuok, shown above) commissioned Hughes via a friend in his yachting circle; Hughes never met the person for whom the yacht was intended, but was given completely  free reign in terms of the ship's design and construction. The project took three years to complete. 

To add to the History Supreme's mystique, some people don't believe it exists at all. Autoevolution says it "was never real, it was never made and no, it does not exist," noting that Italian company Baia Yachts issued a statement claiming the pictures of History Supreme's interior on Hughes' website were stolen from their site and used without permission. MoneyInc and YachtHarbor also lay out the case for the entire story being a hoax, with MoneyInc noting that at one point Kuok deconstructed his Hong Kong mansion into several smaller homes to avoid an ostentatious display of wealth, which makes his commission of the world's most luxurious yacht seem unlikely. Furthermore, as Kuok is known for staying out of the public eye, perhaps Hughes chose him as the supposed customer because he is hard to reach and therefore will not confirm or deny the yacht's existence. The History Supreme section of Hugh's website remains intact. 

Did the Eclipse get eclipsed?

Before the possible existence of the History Supreme, the title of world's most luxurious yacht belonged to the Eclipse (shown above). Per the Sydney Morning Herald , it was purchased in 2009 by Russian business tycoon Roman Abramovich for $590 million and includes two helipads, a movie theater, a sports complex, its own mini-submarine, and a missile defense system. Created by German shipbuilding company Blohm + Voss, an anonymous Russian yachting expert described it as a "big mansion on water ." When asked why it looked like a military frigate, the expert replied "It's a trend. Private yachts look like military boats these days. The yacht is a statement for many people. It's a statement about power." For those who wanted to try out that sort of morally dubious power without committing, the Eclipse was at one point available for commission for up to 30 guests and 75 crew members via SuperYachtsMonaco at $2 million per week, as reported by Business Insider . It's no longer listed on the site.

Per Robb Report , the world's largest yacht since its construction finished in 2013 has been the Azzam, which comes in at 592 feet and six inches long and can travel at a speed up to 30 knots. Built by yacht company Lürssen , it was commissioned by United Arab Emirates president Khalifa bin Zayed bin Sultan Al Nahyan (per Super Yacht Fan ) and has an interior described as sophisticated and luxe. 

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History Supreme yacht

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NOW that's how you bling up a yacht.

A gold-plated super-yacht that is claimed to be worth a staggering £3 billion ($4.5 billion) has taken the title of the most expensive in the world.

UK designer Stuart Hughes claims that the 30-metre long History Supreme yacht is adorned with 100,000 kilograms of gold and platinum that covers more than half its surface and even comes with a statue made from the bone of a T-Rex dinosaur.

The base of the yacht as well as the deck, dining areas, rails and anchor are wrapped in solid gold and the sleeping areas are covered in platinum.

There is also a wall feature in the master bedroom that is made from meteoric stone and an aquarium made from 68kg of 24 carat gold.

Also on board is a luxury liquor bottle featuring an 18.5ct diamond, one of the world’s rarest.

Designed by jeweller Stuart Hughes, the “mammoth” project took over three years to complete.

The vessel even outshines Russian billionaire Roman Abramovich’s $450 million yacht Eclipse , which has its own missile defence system and a submarine.

It is claimed the History Supreme was completed in Malaysia two weeks ago for an anonymous businessman.

Mr Hughes has also produced laptops, beds, cars and a suit covered in precious metals.

History Supreme yacht

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The $4.8 Billion Vessel: Here's What Makes History Supreme The Most Expensive Yacht In The World

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Billionaires appear to be constantly trying to outdo each other and themselves when it comes to purchasing ridiculously expensive and extravagant items . As such, it's possible that in 2011, an unidentified Malaysian, reported to be business billionaire Robert Kuok , may have gone to the top of the pack by purchasing History Supreme, a yacht composed of solid gold, platinum, meteoric stone, and a tyrannosaurus rex bone. Kuok is the self-made billionaire who runs the Kuok Group, an international corporation with operations all over the world. He reportedly spent a third of his $12.8 billion fortune when he paid $4.8 billion for the History Supreme. It's estimated that the 97-year-old will have a net worth of $12.6 billion by 2021, according to Forbes.

Gold-plated rooms are the norm on boats, where every luxury is taken care of for their guests. There are numerous swimming pools, dance floors, cinema halls, bars, and lounges, as well as a variety of other amenities for the billionaires who own these wonders of architectural design. But that's not all; owners board in helicopters that land on the deck of the boat for added panache. One of the world's top engines powers each yacht, which is a sleek and attractive craft. No one on board notices a jot of discomfort as they soar through the waves at top speed. In order to ensure that their sheen and durability are worth the price tag, the ships are built using the best materials available.

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History Supreme is the most expensive boat in the world. A Malaysian businessman, who wishes to remain unknown, commissioned Stuart Hughes to create it. According to media reports, the guy is Robert Kuok, the billionaire creator of Shangri-La Hotels and Resorts. When finished, the 30-meter yacht took three years to build and required about 100,000 kilograms of solid gold and platinum. On the boat's base, a thin film of gold metal has been applied to give it a luxurious look. The deck, dining area, railings, and even the anchor all feature a touch of gold trim. As one example of the yacht's lavish interior design, the major sleeping quarter features a T-Rex bone set on a meteoric stone wall.

A remarkable 220,462 pounds of precious metals were used during the vessel's three-year construction, according to the Daily Mail. It was all gold and platinum: the base of the boat, the deck, dining area, rails, and anchor. As Roman Abramovitch spent ten times as much for Eclipse, it has been believed that Robert Kuok bought the superyacht. The Forbes billionaires' list ranks Kuok as one of only three Malaysians with a net worth of $5 billion or more. The most likely bidder is Robert Kuok, the wealthiest man in Malaysia, with a net worth of $12.5 billion, according to the Business Insider.

There are precious metals used in the eating room, rails, and anchors; the vessel's base is covered in pure gold. In the superyacht's luxurious interior, there are central sleeping quarters and platinum embellishments, including wall features created from meteoric stones and actual T-Rex Dinosaur bones. One of the world's rarest diamonds , an 18.5-carat one, is featured in a luxury liquor bottle on board the ship. Take a look at the diamond-encrusted bespoke iPhone, which features two diamonds that can be swapped out for the home button. It's possible to forget that you're at sea if you don't notice the 24-carat gold-plated panoramic wall aquarium on board the boat.

There has been no mention of the superyacht's performance or other qualities as you may have realized this by now. Despite the thorough quality of the features discussed, it felt like they were just a random assortment of stuff they gave to justify such an excessive price tag. The fact that none of it was real was an even more ridiculous claim than the rumored price of $4.8 billion for a yacht.

When news of History Supreme spread, many representatives for Hughes acknowledged to various media sites, including in emails sent to Business Insider , that the reports contained accurate information. After that, there was complete and utter stillness coming from their end. The name History Supreme made the yacht sound like an insane vessel that not even a wealthy villain would buy, and there's a good reason for it. It was never a thing, and nor was it ever created, and no, it is not out there. History Supreme is likely the biggest boating fraud in the industry, despite what Google and a few reputable yachting websites want you to think.

Baia Yachts, based in Italy, issued a statement saying that the photos allegedly showing History Supreme posted on Hughes' website were stolen from its website and appropriated without permission at some point after the initial story was published. Hughes has not removed the post for whatever reason, and if it were up to him, he would still have you believe that he developed and sold the world's most costly boat, which the manufacturers constructed with more than 220,000 pounds of 24-carat gold.

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Sources: Super Yacht Times , Boat International , Lifestyle Asia

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the history supreme yacht cost

Is the History Supreme Yacht Real?

Is the history supreme yacht real .

For most boat owners, it’s enough that their boat is sea-worthy, clean, and running smoothly. But for the designer of the History Supreme yacht, a few extras were in order. With the existence of the famous yacht under debate, we delve under the surface to find out if the boat reigns supreme, or if it’s myth is history. 

Why is the History Supreme Yacht So Expensive? 

While a lot of information about the yacht is up in the air, most agree that the high price tag is due not only to its size (a reported one hundred feet in length), but also what it’s made of. The boat is supposedly loaded with precious metals. Gold and platinum were said to be used to line the entire boat. 

How Much is the History Supreme Yacht Worth? 

The boat is listed with a price tag of $4.8 billion, easily making it the most expensive yacht ever to exist. The next most expensive luxurious yacht would be the Eclipse, owned by Russian billionaire Roman Abramovich. The Eclipse mega yacht is valued at $1.5 billion, making it only a third of the value of the History Supreme. 

the history supreme yacht cost

Designed by Freepik

Who Owns the Yacht History Supreme? 

The name most often linked with the History Supreme is Malaysian businessman Robert Kuok. His fortune is currently listed as $11 billion on Forbes. If the boat is indeed real, would someone really spend over a third of their money on it? 

The other name linked to the boat is the reported designer, Stuart Hughes. Hughes is best known for designing luxury gadgets such as solid gold games consoles, or black diamond iPhones. He describes the yacht on his website as having been sold to an anonymous Malaysian businessman, which may or may not be Kuok. 

Inside the History Supreme Yacht 

Other features of opulence on the boat include a T-rex bone mounted on the wall of the master bedroom, along with meteor rock features. The whole interior is decked out with gold and platinum. The dining area, the deck itself and even the boat’s anchor are said to be either solid gold, or gold-lined. 

Does the History Supreme Really Exist? 

While it’s been long discussed online and in boating circles, it seems unlikely the golden yacht actually exists. Whether a deliberate hoax in the industry, or just a rumour that got out of hand, it seems likely that the boat isn’t real. The few existing photos appear to be fake or doctored, and the reported weight of the boat, given all that precious metal, is around 100,000kg. 

Any yacht owner worth their salt could tell you that a boat of that weight would struggle to stay afloat, let alone get you from coast to coast.  

Yacht Insurance

If you’re looking to get your yacht insured , gold-lined or otherwise, our expertise is here for you. Take a look at our pages on insurance for motor boats and for sailing yachts for more information on how we can help. 

And if you have any questions about getting a boat out onto open water in the UK, check out our guide to find out what you need to know before you get started. 

the history supreme yacht cost

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Luxatic

History Supreme is the world’s most expensive yacht

By Adrian Prisca

Updated on July 1, 2015

History Supreme

The renowned luxury goods designer Stuart Hughes has created the world’s most unique and probably most expensive yacht called History Supreme or Baia 100 Supreme that’s apparently worth 3 billion GBP or close to $5 billion. This yacht has been apparently designed for an anonymous leading businessman from Malaysia who probably won’t be that anonymous after getting on this beauty.

History Supreme is made of 100,000 kilograms of solid gold and platinum and took over three years to be completed. It’s 100 ft long and wherever you look you’ll see the precious metals it was made of. Even the dining area, deck and anchor have been made using real precious metals.

The base of the yacht is wrapped with solid gold and the wall feature is specially crafted from meteoric stone along with a genuine dinosaur bone shaved in from the raptor T-REX. The main sleeping area has platinum accents just like many other rooms of this amazing yacht.

Update: A lot of people have been emailing us about the History Supreme yacht and we have to mention that this yacht concept was actually fake, even though I’m sure a lot of billionaires would dream of owning a lavish yacht as this concept was announced to be.

History Supreme

About Adrian Prisca

Founder of Luxatic and countless other projects, Adrian has shaped this website into a go-to source for discerning readers looking for the latest in luxury products and experiences. He has over 15 years of experience in creating, managing and publishing lifestyle content across numerous platforms and he’s considered a leading voice in the luxury industry. Learn more about Luxatic's Editorial Process .

1 thought on “History Supreme is the world’s most expensive yacht”

For me the most importnat on my yacht is extreme good AUDIO STAFF. I have bought for my yacht audio ZETA ZERO cinema system (the company is from http://www.audio-high-end.com ) Now I think we have one of the most luxary and one of the best avialable audio staff on ANY YACHT in The World!!!! this is ONLY for reach as us ! but live is great now!! yahhhhhhhhhhh We may listen our lovely music and films now at the middle of ocean as in paradise. Zeta Zero is really greattttt!!!!!!!! I love this system for its sound. We found it in Dubai but producers are frm old Europe!

Ana Esmeralda Thurk and Markos Osama

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The History Supreme Yacht

  • On August 9, 2023
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The History Supreme is said to be the most expensive yacht ever sold , with a reported price tag of $4.8 billion. However, there is much mystery and speculation surrounding this luxury vessel.

Key Facts About the History Supreme

Who is the owner of the history supreme yacht, reasons to question the history supreme’s authenticity, timeline of the history supreme speculation, the verdict.

  • Ordered by an anonymous Malaysian businessman
  • Designed by Stuart Hughes
  • Took 3 years to construct
  • Required 220,000 pounds of gold and platinum
  • Deck, base, dining area covered in gold
  • Anchor made entirely of gold
  • Master bedroom features meteorite stone wall and T-Rex bone

However, many experts question the legitimacy of this vessel and whether it truly exists.

No one has actually stated knowing for a fact who owns the History Supreme Yacht, but the owner is rumored to be a man named Robert Kuok, a Malaysian businessman.

  • No proven owner
  • No new photos have emerged since the initial 2011 announcement
  • Original photos appear doctored from another yacht
  • 220,000 pounds of gold would be too heavy
  • 2011  – Stuart Hughes announces design and sale of History Supreme
  • 2011  – Photos appear on Hughes’ website, allegedly showing the yacht
  • 2011  – Manufacturers claim photos were stolen from their site
  • Present  – No new confirmed photos have emerged
  • Present  – Experts claim the yacht would not float with that much gold

Most evidence points to the History Supreme being an elaborate hoax. While it captured headlines with its outrageous claims of being the most expensive yacht ever, the facts just don’t seem to add up.

Without recent photos, confirmation of an owner, or even feasible engineering, it appears this gold-plated legend will remain more myth than reality. The title of “ world’s most expensive yacht ” still appears up for grabs.

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Why is the History Supreme Yacht so Expensive

The price of the History Supreme Yacht is $4.8 billion, making it one of the most expensive yachts. It extensively uses precious metals. The manufacturer used over 100,000 kg of platinum and gold in its construction. These expensive metals contribute to the yacht's supreme value.

Why is the History Supreme Yacht so Expensive

Specifications of the History Supreme Yacht

Stuart Hughes
Robert Kuok, a Malaysian businessman
3 years
$4.8 billion
100 feet
100,000 kilograms
Gold and platinum

Reasons the History Supreme Yacht is so Expensive

Why is the History Supreme Yacht so Expensive

The History Supreme Yacht is one of the most expensive vessels ever built. Here are the reasons that contribute to the higher price of this yacht:

Design and Features

Stuart Hughes is a famous luxury designer who has designed this yacht. It took more than 3 years to complete the design details of the History Supreme Yacht. Some of the most outstanding features are:

  • High-quality railings
  • A lavish dining area
  • A world-class deck area for relaxation

Materials Used

What distinguishes the History Supreme Yacht from other vessels is its extensive use of expensive and precious metals. As mentioned earlier, it has an astounding 100,000 kilograms of platinum and gold used in its construction. So, this extraordinary use of expensive metals extends to each surface on the boat, from the deck and dining areas to railings and anchors.

Unique Additions

The master bedroom of the History Supreme Yacht has the best adornment. For instance, the manufacturer has used meteoric stone and T-Rex Dinosaur bone to adorn the bedroom walls. These unique additions increase the cost and value of the yacht.

Besides, the History Supreme Yacht is 100 meters in length featuring a golden exterior. So this adds aesthetic appeal to the yacht and increases the overall value. The diamond-encrusted furnishings further add a touch of grandeur and luxury to the yacht.

The History Supreme Yacht features a master suite, two VIP cabins, a leisure area, and a lavish dining area, making it a perfect yacht for a party . The yacht’s railings have coats of precious metals. So, all these features contribute to the yacht’s cost and value.

What is the History of Supreme Yacht’s Cruising Range?

The cruising range is 380 nautical miles. The range is equivalent to 437 miles or 703 kilometers. Keep in mind that the actual distance depends on different factors, such as the speed, sea conditions, and fuel efficiency of the History Supreme Yacht. The size of the yacht also affects the cruising range.

What is the Speed of the History Supreme Yacht?

The History Supreme is a state-of-the-art yacht. It is 330 feet tall, carries 22 guests, and has an awesome speed of 14 knots. So, the luxury, extravagant features, solid gold construction, great length/size/height, and speed make it one of the best yachts that can travel around the world .

Final Words About the History Supreme Yacht

The History Supreme Yacht, priced at $4.8 billion, is a marvel of luxury and design. Its value is derived from the extensive use of precious metals, unique additions, and extravagant features. The yacht’s design, materials, and unique additions like meteoric stone and T-Rex Dinosaur bone contribute to its high cost. With a range of 380 nautical miles and a speed of 14 knots, it stands as a testament to luxury and engineering, making it one of the world’s most expensive yachts.

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My name is Raza and I am an experienced SEO content writer who loves to explore and seek adventure. I have over 8 years of experience in blogging and SEO content writing. I would be delighted to take you on a thrilling journey to discover the world of yacht rentals in Dubai, providing you with valuable insights and helpful tips.

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15 of the Most Expensive Things in the World in 2024

W ouldn’t it be nice to have so much money that you could choose to buy anything you wanted without checking your bank balance first? Maybe you’d want to buy the most expensive thing in the world. But what would that be?

Check Out: 8 Best Luxury Cars for Wealthy Retirees

Read More: 4 Genius Things All Wealthy People Do With Their Money

The most expensive thing in the world is the History Supreme Yacht, with an astonishing value of $4.6 billion. Keep reading to learn more about 15 of the most expensive things in the world.

Also see the most expensive things ever sold at auction.

Dead Shark — $8 Million

While many expensive things have useful, revenue-generating purposes, some of the world’s most expensive objects seem to make less sense. Artist Damien Hirst created “The Physical Impossibility of Death in the Mind of Someone Living, aka The Shark” in 1991.

It’s a tiger shark preserved in formaldehyde in a vitrine and was commissioned by Charles Saatchi. It sold for $8 million to hedge fund billionaire Steven Cohen, according to multiple reports, however “The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art” by Don Thompson hints at an even higher figure.

Learn More: Here’s How Much the Definition of Rich Has Changed in Every State

Mariah Carey’s Engagement Ring — $10 Million

As befitting a quintessential pop diva worth over $300 million, Mariah Carey’s engagement ring from former fiance James Packer cost an estimated $10 million, according to Brides — the highest purchase price ever for a celebrity engagement ring. Carey wore the ring for a year after her engagement ended, then sold it to an L.A. jeweler for a paltry $2.1 million.

Perfect Pink Diamond — $23.2 Million

Christie’s Hong Kong sold a 14.23-carat, fancy intense pink diamond to an anonymous buyer for just over $23 million in 2012.

Chopard 201-Carat Gemstone Watch — $25 Million

This timepiece features 874 individual gemstones, including three heart-shaped diamonds ranging from 11 to 15 carats each, all with flawless clarity. These diamonds form a pattern and open like flower petals to reveal the watch’s face.

Giant Clock — $42 Million

Among billionaire Jeff Bezos’ more extravagant purchases is a $42 million giant clock designed to run for 10,000 years. Perhaps it could be considered a business expense if he uses it to ensure everyone receives their Prime Day purchases in two days or less?

1962 Ferrari GTO — $48.4 Million

It’s not surprising to find a few cars on this list of the world’s most expensive things. In 2018, a 1962 red Ferrari GTO sold to an anonymous buyer at Sotheby’s auction in Monterey for $48.4 million.

CarInsurance.com Domain Name — $49.7 Million

Car insurance is a big business, and finding the right domain name can be a pricey proposition. CarInsurance.com reportedly cost $49.7 million — the highest publicly reported price ever for a domain name. The purchase was made by Quinstreet in 2010.

The runners-up for most expensive domain names go to Insurance.com at $35.6 million and VacationRentals.com at $35 million.

The Graff Hallucination Watch — $55 Million

Laurence Graff, chairman of Graff Diamonds, introduced this gemstone watch masterpiece to the world in 2014, and it is an undisputed one-of-a-kind show of craftsmanship featuring more than 110 carats of diamonds in various shapes and colors.

‘Portrait of Adele Bloch-Bauer I’ Painting — $135 Million

Your portfolio would look pretty sweet if you had this pricey painting in it. The Gustav Klimt painting last sold in 2006 for $135 million, purchased by art collector Ronald Lauder for display in Neue Galarie New York.

Jeff Bezos’ Beverly Hills House — $175 Million

Bezos owns a lot of real estate, including a $119 million mansion, a $23 million New York City condo and a $23 million house in Washington, D.C. But his priciest property to date seems to be his $175 million estate in Beverly Hills, previously owned by music mogul David Geffen.  

‘The Card Players’ Painting — $250 Million

With stocks and investments tumbling in a bear market, it’s not just individual investors who are opting to invest in art and other tangible items. “The Card Players” is an 1890s painting by Paul Cezanne. It was purchased by Qatar in 2011.

‘Salvator Mundi’ Painting — $450.3 Million

Christie’s auctioned Leonardo da Vinci’s “Salvator Mundi” for $450.3 million in 2017. The seller was Russian oligarch Dmitry Rybolovlev, who had purchased the masterpiece from Yves Bouvier. Rybolovlev later accused Bouvier of fraud, alleging the Swiss art broker had overcharged him over $1 billion for a number of works, including “Salvator Mundi.”

Villa Leopolda — $750 Million

A mansion on the French Riviera named Villa Leopolda holds the title of second-most expensive private residence. The building served as a hospital during World War II and has changed hands several times since its construction in 1902 for Belgian King Leopold II — hence, the name.

Russian billionaire Mikhail Prokhorov is the current owner; he bought the mansion in 2008.  

Antilia — $4.6 Billion  

If you’ve ever wanted to live in the world’s most expensive house, you’ll find it in Mumbai, India. The 27-story building towers over others in the skyline and boasts three helipads, nine elevators, a 50-seat home theater and other luxuries. It was completed in 2010 for around $2 billion and is now valued at $4.6 billion.

It is owned by Mukesh Ambani, the richest man in India, who has a net worth of more than $115 billion, according to Forbes.

History Supreme Yacht — $4.8 Billion

The History Supreme Yacht is not the largest in the world. That honor goes to Bezo’s superyacht Koru at 417 feet — but Koru cost a mere $500 million. However, the History Supreme took three years to design from the mind of Stuart Hughes and is outfitted with some of the world’s priciest materials and amenities, coming out to 100 feet of pure wealth.

According to Architectural Digest, it is currently in the hands of Robert Kuok, Malaysia’s richest man.

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This article originally appeared on GOBankingRates.com : 15 of the Most Expensive Things in the World in 2024

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The Supreme Court overturned Roe v. Wade in 2022. Here’s the state of abortion rights now in the US

Judges, state lawmakers and voters are deciding the future of abortion in the U.S. two years after the Supreme Court jolted the legal status quo with a ruling that overturned Roe v. Wade

FILE - People march through downtown Amarillo to protest a lawsuit to ban the abortion drug mifepristone, Feb. 11, 2023, in Amarillo, Texas. Two years after the U.S. Supreme Court ended a nationwide right to abortion, travel and pills have become big parts of the issue.(AP Photo/Justin Rex, File)

FILE - People march through downtown Amarillo to protest a lawsuit to ban the abortion drug mifepristone, Feb. 11, 2023, in Amarillo, Texas. Two years after the U.S. Supreme Court ended a nationwide right to abortion, travel and pills have become big parts of the issue.(AP Photo/Justin Rex, File)

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FILE - Paul Meacham holds high a sign that reads “Ohio is pro-life” as the crowd prays during the Ohio March for Life rally at the Ohio State House in Columbus, Ohio, Friday, Oct. 6, 2023. Two years after the U.S. Supreme Court ended a nationwide right to abortion, travel and pills have become big parts of the issue. (AP Photo/Carolyn Kaster, File)

Judges, state lawmakers and voters are deciding the future of abortion in the U.S. two years after the Supreme Court jolted the legal status quo with a ruling that overturned Roe v. Wade .

The June 24, 2022, ruling in Dobbs v. Jackson Women’s Health Organization sparked legislative action, protest and numerous lawsuits — placing the issue at the center of politics across the country.

Abortion is now banned at all stages of pregnancy, with limited exceptions, in 14 Republican-controlled states. In three other states, it’s barred after about the first six weeks, which is before many know they are pregnant. Most Democratic-led states have taken actions to protect abortion rights, and become sanctuaries for out-of-state patients seeking care.

That’s changed the landscape of abortion access, making it more of a logistical and financial ordeal for many in conservative states. But it has not reduced the overall number of procedures done each month across the U.S.

Here’s what to know about the state of abortion rights in the U.S. now.

Limited abortion access prompts more out-of-state travel

Bans in Republican-led states have prompted many people seeking abortions to travel to get care.

FILE - The Planned Parenthood Health Center located in Chapel Hill, N.C., is seen, May 3, 2024. Planned Parenthood will spend $40 million ahead of November's elections to bolster President Joe Biden and leading congressional Democrats. It will initially target eight states: Arizona, Georgia, Pennsylvania, Wisconsin, North Carolina, Montana, New Hampshire and New York. (AP Photo/Makiya Seminera, File)

That translates into higher costs for gas or plane tickets, hotels and meals; more logistics to figure out, including child care; and more days off work.

A new study by the Guttmacher Institute, which advocates for abortion access, found that out of just over a million abortions provided in clinics, hospitals and doctors’ offices, more than 161,000 — or 16% — were for people who crossed state lines to get them.

More than two-thirds of abortions done in Kansas and New Mexico were for out-of-staters, particularly Texans.

Since Florida’s six-week abortion ban kicked in in May, many people had to travel farther than before, since throughout the Southeast, most states have bans.

Low-income patients and those lacking legal permission to be in the country are more likely to be unable to travel. There can be lasting costs for those who do.

In Alabama, the Yellowhammer Fund, which previously helped residents pay for the procedure has paused doing so since facing threats of litigation from the state .

Jenice Fountain, Yellowhammer’s executive director, said she met a woman recently who traveled from Alabama to neighboring Georgia for an abortion but found she couldn’t get one there because she was slightly too far into her pregnancy. So she then went to Virginia. The journey wiped out her rent money and she needed help to remain housed.

“We’re having people use every dime that they have to get out of state, or use every dime they have to have another child,” Fountain said.

It’s usually provided with pills rather than procedures

FILE - People march through downtown Amarillo to protest a lawsuit to ban the abortion drug mifepristone, Feb. 11, 2023, in Amarillo, Texas. (AP Photo/Justin Rex, File)

Nearly two-thirds of known abortions last year were provided with pills rather than procedures .

One report found that pills are prescribed via telehealth and mailed to about 6,000 people a month who live in states with abortion bans. They’re sent by medical providers in states with laws intended to protect them from prosecution for those prescriptions. The laws in Colorado, Massachusetts, New York, Vermont and Washington specifically protect medical providers who prescribe the pills to patients in states with bans.

The growing prominence of pills, which were used in about half of all abortions just before the Dobbs ruling, is a frontier in the latest chapter of the legal fight.

The U.S. Supreme Court this month unanimously rejected an effort by abortion opponents who were seeking to overturn or roll back the U.S. Food and Drug Administration’s approval of mifepristone, one of two drugs usually used together for medication abortions. The issue is likely to return .

Abortion is on the 2024 ballot

In this presidential election year, abortion is a key issue.

Protecting access has emerged as a key theme in the campaigns of Democrats, including President Joe Biden in his reelection bid . Former President Donald Trump , the presumptive Republican nominee, has said states should decide whether to restrict abortions. He also suggested states could limit contraception use but changed his tune on that.

“We recognize this could be the last Dobbs anniversary we celebrate,” Kelsey Pritchard, a spokesperson for Susan B. Anthony Pro-Life America said in an interview, noting that if Democrats win the presidency and regain control of both chambers of Congress, a right to abortion could be enshrined in the law.

The issue will also be put directly before voters in at least four states. Colorado, Florida, Maryland and South Dakota have ballot measures this year asking voters to approve state constitutional amendments that would protect or expand access to abortion. A New York measure would bar discrimination against someone who has an abortion. There are attempts to put questions about abortion access on the ballots this year in Arkansas, Missouri, Montana, Nebraska and Nevada.

There’s also a push for a ballot measure in Arizona, where the state Supreme Court this year ruled that an 1864 abortion ban could be enforced. With the help of some Republicans — Democrats in the Legislature were able to repeal that law .

Generally, abortion rights expand when voters are deciding. In the seven statewide abortion policy-related votes since 2022, voters have sided with abortion rights advocates in every case.

It’s still up to the courts — including the Supreme Court

FILE - Paul Meacham holds high a sign that reads "Ohio is pro-life" as the crowd prays during the Ohio March for Life rally at the Ohio State House in Columbus, Ohio, Friday, Oct. 6, 2023. Two years after the U.S. Supreme Court ended a nationwide right to abortion, travel and pills have become big parts of the issue. (AP Photo/Carolyn Kaster, File)

FILE - Paul Meacham holds high a sign that reads “Ohio is pro-life” as the crowd prays during the Ohio March for Life rally at the Ohio State House in Columbus, Ohio, Friday, Oct. 6, 2023. (AP Photo/Carolyn Kaster, File)

The Dobbs ruling and its aftermath gave rise to a bevy of legal questions and lawsuits challenging nearly every ban and restriction.

Many of those questions deal with how exceptions — which come into play far more often when abortion is barred earlier in pregnancy — should apply. The issue is often raised by those who wanted to be pregnant but who experienced life-threatening complications.

A group of women who had serious pregnancy complications but were denied abortions in Texas sued, claiming the state’s ban is vague about which exceptions are allowed. The all-Republican Texas Supreme Court disagreed in a May ruling.

The Supreme Court also heard arguments in April on the federal government’s lawsuit against Idaho, which says its ban on abortions at all stages of pregnancy can extend to women in medical emergencies. The Biden administration says that violates federal law. A ruling on that case could be issued at any time.

Meanwhile, bans have been put on hold by judges in Iowa, Montana, Utah and Wyoming.

the history supreme yacht cost

Democrats divided over Supreme Court controversies as decisions loom

Liberals say revelations about Supreme Court Justice Samuel A. Alito Jr. raise questions about his ability to rule impartially on Jan. 6-related cases.

Liberals have been united in their anger against Supreme Court Justice Samuel A. Alito Jr. following revelations that they say raise questions about the jurist’s ability to rule impartially on a pair of high-profile Jan. 6 -related cases.

But what to do about the controversies is another matter.

The headline-grabbing accounts of politically charged flags at Alito’s homes and a secret recording of him suggesting there can be no compromise between liberals and conservatives have aggravated divisions in the Democratic Party at a pivotal moment.

Progressives and some liberal activists, incensed over what they see as an out-of-control court running roughshod over basic rules and riven by conflicts of interest, want Democratic leaders to move forcefully to address the issues.

But Democratic leaders, particularly Senate Judiciary Chairman Dick Durbin (Ill.), have taken a lower-octane approach cognizant of political realities — the judiciary is an equal branch of government and congressional Democrats have limited opportunities to enact concrete changes.

The dynamic was crystallized after the recent revelations that Alito’s wife, Martha-Ann Alito, flew an upside-down American flag, a symbol adopted by some Jan. 6, 2021, rioters, at their Virginia home in the weeks after the Capitol attack, and another flag adopted by Christian nationalists at their New Jersey vacation home.

Durbin quickly said there was not “much to be gained” by holding an inquiry of the incidents, while more recently demands for a full probe of

Alito came from Reps. Hank Johnson (D-Ga.) and Pramila Jayapal (D-Wash.), chair of the Congressional Progressive Caucus; and a group of prominent liberal groups, such as MoveOn.

The frustration of progressives has mounted as Alito has turned aside liberal calls to recuse himself from the Jan. 6 cases this term dealing with Donald Trump’s immunity and a charge used to prosecute Capitol rioters; and as Chief Justice John G. Roberts Jr. has rebuffed requests to appear before Congress to discuss ethics.

Republicans, who control the House, have opposed legislation to tighten ethical guidelines for the justices and have portrayed overhaul as a political effort to damage the legitimacy of a conservative Supreme Court that has delivered them major victories on abortion and other key issues.

The Alito controversies have capped a period of ongoing scrutiny of the court over stories about justices taking lavish, unreported gifts from

wealthy benefactors and questions about whether Justice Clarence Thomas should recuse himself from election-related cases because his wife, Virginia Thomas, pushed to overturn the results of the 2020 election.

Alex Aronson, executive director of the oversight group Court Accountability, said in a statement that Durbin has taken a less confrontational approach on the ethics controversies because he has wanted to speed through the appointment of liberal judges to lower courts, so he has tried not to ruffle the feathers of Republicans who could hold up that process.

Aronson applauded Durbin for confirming more than 200 of President Biden’s nominees to the federal bench and for taking actions in recent days, but said Durbin could still do more. A group of six Republican senators announced Thursday that they would no longer fast-track any Biden judicial nominees in response to the criminal prosecutions of Trump.

“The importance of confirming judges is no excuse for his failure to exercise his committee’s oversight authority to investigate the most serious ethics and corruption scandals in Supreme Court history, especially when the few judges Durbin hopes to confirm before November would inevitably see their rulings shredded by the Court’s captured right-wing supermajority in service to its billionaire backers,” Aronson said.

Durbin’s staff said he wasn’t available for comment. He has previously defended his record on Supreme Court ethics by pointing to multiple hearings his committee has held on the court, subpoenas issued and letters prodding the court to act on ethics issues.

Durbin appeared to make a nod to the bubbling concerns of his left flank Wednesday by attempting to expedite passage of the Supreme Court Ethics, Recusal, and Transparency (SCERT) Act. The bill would require the court to adopt a binding code of ethics and establish a mechanism to investigate alleged violations, among other changes.

The Supreme Court adopted a new ethics code in November, but Democrats complain it is toothless because it does not have an enforcement mechanism.

“Our faith in the character and impartiality of our judges is essential to the functioning of our legal system and our constitutional form of government,” Durbin said on the Senate floor Wednesday. “But that faith requires judges, especially Supreme Court justices, to conduct themselves in a way that inspires public confidence.”

A unanimous consent vote, a largely symbolic effort since it only required a single Republican to block the measure, was scuttled by Sen. Lindsey Graham (R-S.C.), who also sits on the Judiciary Committee. Graham said the bill threatened the independence of the judiciary.

“Let’s be clear, this is not about improving the court, this is about undermining the court,” Graham said. “This would be an unconstitutional overreach.”

Durbin also announced action on another oversight issue, which pleased progressive activists including Aronson. The Judiciary Committee had authorized subpoenas for Texas billionaire Harlan Crow and conservative activist Leonard Leo in November related to their interactions with the justices, but it had only issued a subpoena to Leo. The committee reached a deal with Crow on Thursday in which he disclosed he paid for an additional three trips on a private jet by Thomas.

The move came one day after Democrats on the House Oversight and Accountability Committee held a hearing, hoping to build momentum for action on Supreme Court ethics.

Reps. Jamie Raskin (D-Md.) and Alexandria Ocasio-Cortez (D-N.Y.) took turns blistering conservatives on the court Wednesday, citing their acceptance of unreported travel, tuition for relatives and other perks.

“The Supreme Court is currently facing a great crisis of legitimacy and it is a crisis of its own making,” Ocasio-Cortez said.

Raskin and Ocasio-Cortez announced they would introduce legislation limiting gifts to justices to $50, the same cap that applies to Congress.

Thomas revised his financial disclosures this month, saying he “inadvertently omitted” travel to Indonesia and California paid for by Crow. ProPublica, which first reported the trips, estimated the trip to Bali alone cost more than $500,000 and included a cruise on a 162-foot yacht.

“The highest court in the land today has the lowest ethical standards,” Raskin said.

An earlier version of this article incorrectly said the Senate Judiciary Committee issued subpoenas for Harlan Crow and Leonard Leo in November. The committee authorized subpoenas for the pair, but only issued the subpoena to Leo. In addition, a photo caption in a previous version of this article misidentified the woman to the right of Justice Samuel A. Alito Jr. She is Virginia Thomas, not Martha-Ann Alito. The article has been corrected.

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An open pill capsule against a black background with white powder spilling out.

By Reed Abelson and Rebecca Robbins

You probably already know some of the reasons prescription drugs are so expensive. Drugmakers charge as much as the market will bear. Health insurers and the government haven’t reined in prices.

But there’s another reason: middlemen known as pharmacy benefit managers, or P.B.M.s. Your employer or a government insurance program like Medicare hires these companies to negotiate a price with drugmakers and to pay pharmacies. P.B.M.s are supposed to save money by haggling favorable terms with those businesses in exchange for sending them large numbers of patients. But in their quest for higher profits, they are quietly driving up prescription drug costs.

Your pharmacy benefit manager is often invisible to you unless you’re having trouble filling a prescription. (You probably rely on one of the big three: CVS Health’s Caremark, Cigna’s Express Scripts or UnitedHealth Group’s Optum Rx.) We spent the past year trying to understand them. Today, we published a story about these companies, how they affect drug spending and how they amassed so much control with so little transparency.

Here’s what we learned.

Fees Paid by Drug Manufacturers Have Doubled

Fees paid by drug manufacturers to P.B.M.s or their associated G.P.O.s.

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$3.8 billion

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A middleman

Employers and governments hire P.B.M.s because they need someone to handle the intricacies of paying for prescription drugs. Say your doctor prescribes a drug like Eliquis to prevent you from having a heart attack. She’ll send the prescription to your pharmacy, where you’ll pick it up.

Behind the scenes, your pharmacy benefit manager is handling several tasks. It likely negotiated a price with Eliquis’s manufacturer. It helped determine how much you’ll have to pay out of pocket for the medicine. And it will pay your pharmacy for dispensing Eliquis to you.

Pharmacy Benefit Managers Charge Inflated Prices

Two P.B.M.s charged two different clients much more than the wholesale cost of abiraterone acetate, a cancer drug.

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Price CVS Caremark

charged Blue Shield

$3,000 per month

Price Express Scripts

charged Hyatt

Price available

from a wholesaler

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At a number of points along the way, your P.B.M. may be overcharging. It might steer you toward pricier drugs or charge your employer much more for your medicine than the wholesale cost. Added up across more than 200 million Americans, that means big profits for the largest P.B.M.s and higher costs for the system.

Consider the case of Kent McKinley, a cancer patient in Oklahoma who gets his health insurance through a program for state employees. His P.B.M., CVS Caremark, charged Oklahoma $120,000 per year more for his cancer drug than his local pharmacist would have charged. “We were getting ripped off,” McKinley said.

Often, employers don’t know they’re being overcharged. Many admitted to us that they struggled to understand how the system works.

Executives at the big three pharmacy benefit managers told us that they were not to blame for high drug prices. They say that when you consider all the drugs they oversee, they save substantial money for patients and clients. They say their size and scale are essential to counter the drugmakers, which they point to as the real culprits. They also say employers can be stingy in the benefits they offer to workers.

New scrutiny

If P.B.M.s charge too much, why haven’t competitors with lower prices swooped in to steal their business? The short answer is that these companies have gotten incredibly big, and the system is maddeningly complex.

A Modern Health Care Conglomerate

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CVS Caremark

CVS Pharmacy

Mail-order pharmacy

CVS Specialty

Group purchasing

organization Zinc

Drug marketing partner

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Group purchasing organization

The biggest three pharmacy benefit managers now process roughly 80 percent of prescriptions in the United States. After two major mergers in 2018, they are all now part of conglomerates that include insurers and pharmacies. This structure allows them to juice their own business — by pushing patients to use their pharmacies, for instance — and to discourage patients and employers from going elsewhere. That gives the conglomerates an enormous competitive advantage.

The result is that smaller players can’t get a toehold. There are efforts to dislodge the pharmacy benefit managers — notably, the billionaire Mark Cuban created an online pharmacy to take them on. But such efforts have captured only a tiny share of overall prescriptions.

Until recently, regulators had generally given P.B.M.s. a pass. That’s changing as high drug prices have prompted more scrutiny. The Federal Trade Commission, lawmakers and state attorneys general have suggested that the P.B.M.s. may be abusing their power.

“They’re seeking to extract from the system without creating any corresponding value for the system,” said Dave Yost, the Republican attorney general in Ohio who has sued Express Scripts and Optum Rx over their business practices. “The patients are the ones that are suffering.”

For more: Read what to do if you’re overpaying for prescriptions.

THE LATEST NEWS

The Supreme Court upheld a Trump-signed tax on money made overseas . The 7-to-2 decision reinforces Congress’s powers of taxation.

The I.R.S. extended a pause on a pandemic tax credit after finding that most claims appeared to be fraudulent.

After Donald Trump was convicted of 34 felonies, Republicans opened their wallets. His campaign donations have boomed .

International

The U.S. will delay weapons shipments to other countries to rush air defense missiles to Ukraine .

Palestinians say they are paying exorbitant fees to an Egyptian company or unofficial middlemen to help them escape Gaza.

In fewer than five years, Britain’s main opposition party has gone from massive defeat to the favorite to win next month’s election. Read how the party did it .

In France, boys allegedly raped a 12-year-old Jewish girl after hurling antisemitic abuse at her. The case has fueled a conversation about antisemitism in the country.

In Japan, some women want to be sterilized to eliminate any chance of becoming pregnant. The country makes that extremely difficult.

An ancient Roman beach was buried by the eruption of Mount Vesuvius in 79 A.D. It just reopened , The Washington Post reports.

Climate and Weather

Climate activists sprayed Stonehenge with orange powder shortly before the ancient site hosted its annual summer solstice celebration.

Nearly 100 million people in the U.S. are sweltering under temperature advisories during a heat wave .

Around the world, people are facing severe heat, floods and fire, aggravated by the use of fossil fuels .

Officials in Hawaii have announced a legal settlement with a group of young climate activists over public transportation emissions, The Guardian reports.

Other Big Stories

A mother is asking questions about her son’s death, which involved a vape pen and a terrible fall. Read about the case .

A judge found that New York State prisons routinely hold prisoners in solitary confinement beyond the maximum 15 days allowed by law.

Target is testing a chatbot app that would provide workers guidance on how to help customers.

A man who was wanted in connection with three killings — two in Oklahoma and one in Alabama — was arrested in Arkansas after a manhunt .

Workers shouldn’t have to risk their lives in heat waves. They should have adequate rest, shade and water , Terri Gerstein writes.

Here are columns by Michelle Goldberg on abortion and the Comstock Act and Jamelle Bouie on Donald Trump’s “lazy authoritarianism.”

MORNING READS

Lives Lived: Donald Sutherland was an actor who could both charm and unsettle and played roles in “M*A*S*H,” “Ordinary People” and “The Hunger Games.” He died at 88 .

Beer: This is how it tasted 3,000 years ago .

Going abroad: See where your dollar is worth more .

Big move: These are the best cities for college graduates .

Software updates: Welcome to the era of the A.I. smartphone .

Viagra for women? Doctors have been prescribing the creams and pills .

Modern Love: I was content with monogamy. I shouldn’t have been .

M.L.B.: The St. Louis Cardinals beat the San Francisco Giants in Birmingham, Ala., as the league honored Willie Mays and celebrated Rickwood Field’s Negro Leagues history.

N.B.A.: The Los Angeles Lakers hired JJ Redick , a player-turned-broadcast analyst with no professional coaching experience, as the team’s head coach.

Soccer: The Copa América began last night with Lionel Messi and Argentina’s 2-0 win over Canada . The U.S. men’s national team opens on Sunday against Bolivia.

ARTS AND IDEAS

Taylor Swift’s concerts are an economic tour de force. European cities are benefiting this summer .

This could influence how countries measure inflation and decide whether they should cut interest rates. It can “muddle the picture for central banks heading into these decisions,” one expert in London said.

More on culture

Kendrick Lamar, fresh from a high-profile diss war with Drake, hosted a Juneteenth concert .

The rapper Travis Scott was arrested after a disturbance on a yacht in Florida.

Katy Perry announced her new album’s lead single , “Woman’s World,” and shared a 10-second snippet, The Cut reports.

In the 1960s and ’70s, Anouk Aimée could be described as “a thinking man’s sex symbol,” Glenn Kenny writes. Ms. Aimée died this week at 92.

On late night, Jimmy Kimmel counted down the days to the first debate.

THE MORNING RECOMMENDS …

Make berries and cream , the perfect cap to a summer meal.

Find the best cheap sunglasses .

Try a hard seltzer .

Tackle any clothing stain with this advice .

Charm your picnic guests with these chic tumblers .

Take our news quiz .

Here is today’s Spelling Bee . Yesterday’s pangram was excelling .

And here are today’s Mini Crossword , Wordle , Sudoku , Connections and Strands .

Thanks for spending part of your morning with The Times. See you tomorrow.

Sign up here to get this newsletter in your inbox . Reach our team at [email protected] .

Reed Abelson covers the business of health care, focusing on how financial incentives are affecting the delivery of care, from the costs to consumers to the profits to providers. More about Reed Abelson

Rebecca Robbins is a reporter covering the pharmaceutical industry. She has been reporting on health and medicine since 2015. More about Rebecca Robbins

IMAGES

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COMMENTS

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    History Supreme has been a well kept secret in the Superyacht Industry, which is understandable as the yacht itself is reportedly worth over £3 billion. Containing around 100,000kg of gold and platinum, History Supreme was designed by Stuart Hughes, the world renowned luxury designer, and took just over three years to complete.

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    When he bought the History Supreme for $4.8 billion, he reportedly spent a third of his $12.8 billion fortune. According to Forbes, in 2021 the 97-year-old is the 171st richest person in the world with a net worth of $12.6 billion. As reported by the Daily Mail, the History Supreme is made up of over 100,000 kg (that's over 220,000 pounds) of ...

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    So the man with the Midas touch, Stuart Hughes has taken it upon himself to move away from the fancy iPhones, iPads and laptops to create a 100 feet luxury yacht called History Supreme with 100,000 kilograms of solid gold and platinum. Three years in the making, the yacht is said to have a deck, dining area, rails, anchor, all crafted from ...

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    How Much is the History Supreme Yacht Worth? The boat is listed with a price tag of $4.8 billion, easily making it the most expensive yacht ever to exist. The next most expensive luxurious yacht would be the Eclipse, owned by Russian billionaire Roman Abramovich. The Eclipse mega yacht is valued at $1.5 billion, making it only a third of the ...

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    Updated on July 1, 2015. The renowned luxury goods designer Stuart Hughes has created the world's most unique and probably most expensive yacht called History Supreme or Baia 100 Supreme that's apparently worth 3 billion GBP or close to $5 billion. This yacht has been apparently designed for an anonymous leading businessman from Malaysia ...

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    Inside The $4.8 Billion GOLD History Supreme YachtThere are many of billionaires all around the world, and even though they all know their ways around luxury...

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    The History Supreme Yacht. On August 9, 2023. No Comments. Steve. The History Supreme is said to be the most expensive yacht ever sold, with a reported price tag of $4.8 billion. However, there is much mystery and speculation surrounding this luxury vessel. Table of Contents.

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    History Supreme Yacht — $4.8 Billion The History Supreme Yacht is not the largest in the world. That honor goes to Bezo's superyacht Koru at 417 feet — but Koru cost a mere $500 million.

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    ProPublica, which first reported the trips, estimated the trip to Bali alone cost more than $500,000 and included a cruise on a 162-foot yacht. "The highest court in the land today has the ...

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    Warning: This episode contains mentions of bullying and suicide. A rising tide of mental health problems among teenagers has sent parents, teachers and doctors searching for answers.

  29. Overpaying for Medicine

    A graphic showing that the amount of fees collected by P.B.M.s rose from $3.8 billion in 2018 to $7.6 billion in 2022.