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.
The largest yacht at the Monaco Grand Prix was "Faith," a 316-ft boat worth $200M.
• Sleeps 12
• 2 Jet Skis
• Gym, theater, pool & sauna
The boat rents for $1.5M per week and was previously owned by Aston Martin billionaire team owner Lawrence Stroll.
— Joe Pompliano (@JoePompliano) May 24, 2021
According to Yacht Charter Fleet, the five-story water mansion boasts the following amenities:
- 7 rooms, including Master Suite
- 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.
Check out more photos of Faith here if you can stomach it.
Yacht Faith Photos https://t.co/hqqPLhT2TH
— SuperYachtFan (@Superyachtfan) May 23, 2021