Feast Your Eyes On Faith, The $200 Million Superyacht That Was The Largest Boat At The Monaco Grand Prix

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Before reading this rest of this article, please close your eyes and whisper to yourself: “Money will always define your net worth, but don’t ever let it control your self-worth.”

Because if you’re like me, a cursory gander into my online banking accounts never appeared so bleak after reading about the obscene wealth that floods Port Hercule during the Monaco Grand Prix.

Superyachts pepper 160,000 square meters of the Mediterranean for the event, and parking spots can cost between $10,000 to $157,000 depending on location and size of boat, according to ESPN.

While COVID threw a wrench in this year’s event—operating at half-capacity, prohibiting loud music after 10 pm, and allowing no more than 12 guests on a yacht at any time—the biggest shark in the ocean was Faith, a 316-foot behemoth worth an estimated $200,000,000.

The water mountain was reportedly sold to Michael Latifi, the billionaire chairman and CEO of Sofina Foods and father of Williams racing driver Nicholas, per ESPN.

According to Yacht Charter Fleet, the five-story water mansion boasts the following amenities:

  • 7 rooms, including Master Suite
  • Helipad
  • Elevator
  • Movie Theater
  • Massage Room
  • Steam Room
  • Swimming Pool
  • Full gym
  • A snow room

During the high season, Faith’s weekly chartering expenses climb to approximately $1,827,000.

Sabri Kesen/Anadolu Agency via Getty Images

Check out more photos of Faith here if you can stomach it.

Matt Keohan Avatar
Matt’s love of writing was born during a sixth grade assembly when it was announced that his essay titled “Why Drugs Are Bad” had taken first prize in D.A.R.E.’s grade-wide contest. The anti-drug people gave him a $50 savings bond for his brave contribution to crime-fighting, and upon the bond’s maturity 10 years later, he used it to buy his very first bag of marijuana.