Jeff Bezos’ yacht reportedly cost $500 million and is the largest sailing yacht in the world. Here’s what we know.

Jeff Bezos’ brand-new megayacht set cruise this summer season, with the creator and previous Amazon CEO and his fiancée Lauren Sanchez crisscrossing Europe to reveal it off.

At 417 feet long, the vessel is the world’s biggest cruising private yacht and cost an approximated $500 million. The private yacht is called Koru, which indicates “loop” or “coil” in the Māori language and typically symbolizes clean slates.

Koru signs up with a big class of fancy billionaires’ luxury yachts, consisting of the 305-foot-long Eos, which comes from billionaire Barry Diller and designer Diane von Furstenberg.

Oracle cofounder Larry Ellison owns a private yacht called Musashi, which is 288 feet long.

Bezos commissioned the huge boat from the Dutch customized private yacht home builder Oceanco, and it took years to construct.

In February, the private yacht underwent its very first sea trials, a series of tests typically carried out in the last stages of building. Koru made its first trip in April, taking a trip from the Netherlands to Gibraltar.

The vessel has a swimming pool on deck, and the prow includes a mermaid sculpture that bears a striking similarity to Bezos’ then-girlfriend Sanchez. A 2nd “assistance private yacht,” which has an on-deck helipad, accompanies Koru on its journeys.

Sanchez has stated the sculpture attached to Bezos’ private yacht isn’t her. “I’m extremely flattered, however it’s not,” she informed Style. The sculpture is obviously of the Norse goddess Freyja, among Bezos’ preferred figures from folklore.

Bezos and Sanchez were initially seen aboard the private yacht along the coast of Spain in Might, quickly before news broke that the couple had actually gotten engaged. The couple invested the remainder of the summer season on board taking a trip to numerous locations, stopping at the Cannes Movie Celebration, cruising down the Italian Riviera, and making their method to Croatia.

In August, the private yacht played host to an engagement celebration for Bezos and Sanchez, which apparently drew visitors consisting of Expense Gates, Whitney Wolfe Herd, Ari Emanuel, and Leonardo DiCaprio.

While private yacht season was obviously pleasurable for the couple, it was just after the vessel stimulated a fair bit of debate: Koru’s masts were so high that the private yacht almost needed the taking apart of a historical bridge in the Netherlands in order for it to travel through.

Residents prepared to egg Bezos’ superyacht if the bridge boiled down. Following the general public protest, Oceanco withdrew its ask for the city to take apart the bridge.

And regardless of this huge purchase, Bezos’ net worth is still well over $100 billion.