Billionaire and entertainment mogul David Geffen reportedly purchased the superyacht for $590 million from the Oracle founder Larry Ellison. It was reported that wealthy people love spending money on yachts, and about 88% of the luxury market can be associated to spending on yachts. For this reason, it is not at all surprising that billionaires are spending so much money buying yachts. Yachts can be considered as the pinnacle of luxury and decadence and about $22 billion annually are spent on Yachts by the wealthy people. The Rising Sun has hosted numerous famous celebrities including American talk show host Oprah Winfrey and Academy Award winner Leonardo DiCaprio on board and even Amazon founder Jeff Bezos was seen hanging out in the superyacht.
Geffen has cruised everywhere using the Superyacht from St. Bart’s in the Caribbean to Portofino to Italy and even Ibiza, Spain. He loves travelling using his yacht but not without his friends and some high profile celebrities. Among the guests in his massive yacht are Julia Roberts, Maria Shriver, Steven Spielberg, JJ Abrams, Karlie Kloss, Peter Harrington-Cressman, Paul McCartney and even Michelle and Barack Obama. Take a look inside the majestic yacht of Geffen.
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Details of the Yacht
The Rising Sun is a motor yacht which was designed by Jon Bannenberg and was built and constructed in 2004 by German shipbuilder Lürssen. The yacht reportedly costs $200 million to build. The yacht was built at Lürssen’s Bremen shipyard for the founder and CEO of Oracle Corporation, Larry Ellison. It was delivered to Ellison in June 2004. Since 2010, David Geffen has owned the yacht. Geffen bought half of the share of the 454-foot megayacht in 2007 and decided to buy the yacht in full in 2010 which totaled his payment for $590 million. The exact estimated value of the yacht is still unclear but as of 2019, the yacht was valued for $300 million. After Geffen bought it, he had the yacht refitted in the period of just six months.
The motor yacht has a tonnage of 7,841 GT and has a length of 138 m that is about 452 ft 9 in. It utilizes the installed power of the diesel engine of 4 × MTU 20V 8000 M90 with 36,000 kW. It also has 4 propellers as its propulsion and has the speed of 28 knots that can comfortably run at the speed of 26 knots but can run at the maximum speed of 30 knots. It was built with steel hull and an aluminum superstructure that includes a teak deck. It also features an anchor stabilizer which provides the people on board an exceptional comfort. Unlike some other luxury yachts, the Rising Sun is not available for private charter.
Interior and Exterior Details
The superyacht has about eighty two rooms and has the ability to accommodate about 18 guests and 55 staff and crew members. The eighteen guests can comfortably stay in the nine suites at the yacht which can ensure a relaxed luxury yacht experience. The massive yacht even has a basketball court on board. The top deck is entirely dedicated to the owner which includes a double-height cinema. Aside from the basketball court, there is also a wine cellar and a movie theater which can be found among the eighty two rooms of the yacht.
The interior design of the yacht was designed by design house Seccombe Design. The exterior design on the other hand was designed by Bannenberg & Rowell and was refitted in 2011 after David Geffen has requested for it. The builders of the Rising Sun have experimented with the extensive use of some structural glass that gives off a clean and stripped-down profile for the yacht. This includes the builders extensively working on the engineering and systems of the yacht. The exposure of the yacht’s structure is one of the overarching themes in the superyacht’s design.
The Rising Sun’s Onboard Comfort and Entertainment
There is a reason why a lot of famous celebrities and public figure enjoy hanging out at the superyacht. For the added comfort and entertainment, there is a sauna, underwater lights, beauty salon, elevator and gym at the superyacht. It offers the luxuries of the land space on a secluded area which gives them the privacy that they need. The general arrangement of the layout of the Rising Sun has given the guests spacious cabins which have a direct access to the exterior side decks of the yacht. With the use of the 45-degree indents in the yacht’s superstructure, the guests are also protected from the weather.
The yacht has so much space that the guests can roam around and just party. The top deck was designed entirely for the owner’s entertainment. The guests can also enjoy the double-height cinema which was embedded just like the stone of the avocado.
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Sources: Business Insider, Luxury Launches, Yacht Charter Fleet, Boat International
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