They say yachts are like collecting rare cars, you can never have too many. This explains why Billionaire Casino owner James Packer is the favorite client of Benetti Yachts the luxury Italian Super Yacht division of Azimut Yachts. This is his third custom Benetti and their largest build to date. It was a cool $200 mil for this former fiancé, Mariah Carey. He took delivery late 2019 just in time for the St Tropez cruising season. He is now enjoying the late Spring weather in Cabo San Lucas where huge yachts are often seen packed into the Marina.
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They say yachts are like collecting rare cars, you can never have too many. This explains why Billionaire Casino owner James Packer is the favorite client of Benetti Yachts the luxury Italian Super Yacht division of Azimut Yachts. This is his third custom Benetti and their largest build to date. It was a cool $200 mil for this former fiancé, Mariah Carey. He took delivery late 2019 just in time for the St Tropez cruising season. He is now enjoying the late Spring weather in Cabo San Lucas where huge yachts are often seen packed into the Marina.
So just how darn big is this beast? This is more of a floating mansion with a whopping 354-foot length placing it in the elite Giga yacht category. It was delivered late last year at the Benetti builders yard in Livorno Tuscany.
Packer 51 named his latest toy IJE for his three children- Indigo, Jackson, and Emmanuelle
Packer is in the casino business and must be doing well.
He sold a percentage of his company Crown Resorts for $1.8 Billion.
Good thing gas prices are down, IJE has twin 3,800 hp diesel and a cruising speed of 14 knots and holds whopping 91,000-gallon tanks, the yacht has a range of 6,500 nautical miles. So that means it averages 14 gallons per mile. The Benetti also has an electric engine for short distances, perfect for sneaking out of Cabo San Lucas late at night without waking the neighbors.
As huge as this massive floating symbol of elite style is IJE offers accommodation for only 22 guests in 11 cabins. She is also capable of carrying up to 29 crew onboard to ensure a relaxed luxury yacht experience. The outdoor teak decks have 10,000 sq ft of living. Not much is known about the interior except it took 500,000 man-hours to create. She comes fully loaded with all the extras like cinema, sauna, gym, heated pool, oversized fire pit, and two 45’ tenders.
Finding time to enjoy the spoils may be the one thing money can’t buy. Mr. Packer has recently purchased Danny DeVito’s LA mansion for $80 million and spends time in his Aspen home, Palm Beach, Argentina, and back home in Sydney where he lives in a condo. But it is two floors and cost $60 million. It appears that like alcohol, gambling is indeed a recession-proof business. Cheers to you Mr. Packer, enjoy the Sea of Cortez. And remember what happens in Cabo never happened at all.
