US millionaire who hasn’t even stepped on his new 174ft superyacht wants to sell it because it might be too small
- US millionaire decides to sell new 174-foot superyacht
- He’s taken $2 million off the $38 million that he paid
- However, he’s never even stepped on board
Published on Nov 12, 2024 at 9:42 AM (UTC+4)
by Amelia Jean Hershman-Jones
Last updated on Nov 12, 2024 at 4:00 PM (UTC+4)
Edited by
Kate Bain
This American millionaire has decided to sell his new 174-foot (53m) explorer superyacht.
Here’s the rub: he’s never even stepped on board.
He’s taken $2 million off the $38 million that he paid.
Certainly not resting on his laurels, he’s already got a larger vessel under construction at the shipyard.
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The millionaire is getting rid of his superyacht
Tommy Allen is director of global operations at Five Oceans Global Solutions, a company ‘dedicated to uncovering the mysteries of the sea’.
The 174-foot (53m) Five Oceans superyacht was initially designed for a three-year oceanic research mission – however it felt too cramped for the entrepreneur and his family.

He was prepared to drop $2 million off the $38 million he had paid – asking for just $36 million from potential buyers.
He’s opting for a 197-foot (60m) vessel instead with 2.5 times the volume.
Speaking of large superyachts, the biggest in America is not owned by Mark Zuckerberg or Jeff Bezos but by the co-founder of Google, Sergey Brin.
And since it was built it has undergone some remarkable changes.
What Five Oceans has to offer

The original Five Oceans was designed primarily for cutting-edge underwater research and discovery.
After two years of planning and development, it began construction in December 2022.
With around 500 GT of volume, the OG Five Oceans accommodates a maximum of 10 guests with a 10-person crew to serve and sail.
The embodiment of Damen Yachting’s signature sleek silhouette it features a nine-meter beam, vast aft deck, ample storage for tenders and submersibles – and even a 15-ton crane to lower them into the water.

It’s powered by a pair of Rolls-Royce MTU engines, allowing it to hit a top speed of 19 knots.
A cause close to Allen’s heart, the yacht was designed with sustainability in mind.
In fact, during full-range operations emissions are reduced by 70 percent.

It’s currently docked at Port of Beaulieu-sur-Mer, France, according to Marine Traffic, this exceptional vessel is waiting for a new owner to write its next chapter.
Meanwhile in London, a 400-foot-long $360 million superyacht owned by a sports billionaire has received major attention on the River Thames.

All Supercar Blondie contributors undergo editorial review and fact-checking to ensure accuracy and authority in automotive journalism. After gaining her BA Hons in French and English at the University of Nottingham, Amelia embarked on a vocational diploma from the National Council for the Training of Journalists (NCTJ). This led to numerous opportunities, from interning at Vogue to being on the small team that launched Women’s Health magazine in the UK, which was named the PPA Consumer magazine of the year for three years running. As Health, Beauty and Fitness editor, Amelia personally received a Johnson & Johnson Award and was shortlisted for both PPA and BSME titles. Since then, Amelia has created content for numerous titles and brands, including the Telegraph, 111 Skin, Waitrose, Red magazine, Stylist, and Elle, as well as being Head of Content at Vitality and Editor in Chief at INLondon magazine. “My superpower is translating technical jargon about the mechanical workings of a supercar into a relatable story you’ll want to share with your friends after you’ve read it.” After joining the SB Media family as a senior journalist in September of 2023, Amelia’s role has evolved to see her heading up the SEO output of the editorial team. From researching the most ‘Google-able’ key terms to producing evergreen content - it’s been a time of hard work, growth, and success for the editorial team and the Supercar Blondie website. “I like to think of myself as a ‘method journalist’. In other words: I live and breathe whatever I am writing about. When writing about fitness, I trained as a personal trainer, and as a beauty editor, I completed an ‘expert’ in scent diploma with the Fragrance Foundation. “During my tenure at Supercar Blondie, however, I did something I never thought possible: I passed my driving test at the age of 36. One day I’d love to train as a mechanic to better understand what happens under the hood, too. “My sweet spot is providing readers with a ‘takeaway’ (read: something new they didn’t know before) after reading every one of my stories. While I don’t claim to be an expert in the automotive world, I know the experts and bodies in the field to rely on to provide our readers with an informative and thought-provoking story every time they visit the site.”