These are the biggest and richest yacht companies

By | May 15, 2023

It is a fact that the yacht market has experienced significant growth in recent years as more and more people seek their luxury and freedom owning a yacht

As a result, yacht companies trying to meet demand building innovative and luxurious ships that satisfy the needs of its premium and exclusive clientele. These companies managed to create a strong brand presence in the market and demonstrated their commitment to optimal customer service.

Most of the world’s largest yacht companies based in and around Europe, among them giants like Ferretti Grouphe lurssen and the Federation. In more detail and according to what the richest these are the richest companies in that particular industry.

8. Princess Yachts – $384.6 million

HE princess yachts is a luxury yacht builder based in Plymouth, England. The company was founded in 1965 and since then, it has become one of the world’s leading yacht builders. It offers a range of products including flybridge yachts, V-class sport yachts and M-class superyachts.

In 2021, Princess Yachts reported annual turnover of $384.6 million. With a solid reputation for excellence and a commitment to innovation, Princess Yachts continues to be the best choice for discerning yacht buyers around the world.

7. Heesen Yachts – $450 million

Heesen Yachts is a Dutch yacht builder established in 1978, known for its innovative designs, advanced technology and exceptional craftsmanship. With a valuation of $450 million, the company ranks sixth among the most successful companies yacht world. The company’s dedication to quality, innovation and attention to detail have made it a favorite among yachting enthusiasts.

6. Feadship – $488.8 million

In sixth place is another yacht builder from the Netherlands, known for bespoke superyachts that combine innovative design, advanced technology and exceptional craftsmanship. This is Feadship, which was founded in 1949 and records an impressive annual income of approx. $488.8 million.

Feadship offers a range of products including super yacht, tailored to the specific needs and preferences of each client. The company’s commitment to quality and innovation has earned him a loyal clientele and a solid reputation in the industry.

5. Sunseeker International – $543.1 million

HE Sunseeker International is a British manufacturing company yacht Founded in 1969, known for its high-performance, luxury motor yachts. With annual revenue of $543.1 million, Sunseeker International is one of the most successful yacht companies in the world. In fact, the said company offers a range of products, such as flybridge yachts, sports yachts and superyachts. The company’s yachts are known for their elegant design, exceptional performance and luxurious amenities.

4. San Lorenzo – $650 million

Founded in 1958, Sanlorenzo of Italy is known for its custom yachts that are tailored to the needs and preferences of its clients. The company is also known for its innovative design, attention to detail, and commitment to sustainability. With a valuation of $650 million, Sanlorenzo is classified in fourth place on this list of the most successful yacht companies in the world.

3. Ferretti Group – $1.2 billion

Another Italian powerhouse in the yachting industry, the ferretti group, was founded in 1968 and since then it has been considered a world leader in the design, manufacture and sale of luxury yachts. The Ferretti Group launched an initial public offering in Hong Kong, valued at nearly $1.2 billion. The group’s portfolio includes several exclusive brands such as Ferretti Yachts, Pershing, Riva and Custom Line, each offering a unique blend of style, performance and innovation.

2. Azimut-Benetti Group – $1.3 billion

The Azimut-Benetti Group is also an Italian conglomerate at the forefront of the boating industry for over 50 years. Founded in 1969, the group is known for its innovative designs, cutting-edge technology, and exceptional craftsmanship. With a valuation of $1.3 billion, this giant is one of the largest and most successful yacht companies in the world. The group’s portfolio includes the well-known brands Azimut Yachts, Benetti Yachts and Atlantis Yachts, each targeting different market segments.

1. Lurssen – $2 billion

Founded in 1875, Lürssen is a German yacht manufacturing company with a rich history and reputation for building some of the most luxurious and technologically advanced superyachts in the world. Lürssen Yachts has an amazing annual revenue more than $2 billion, making it one of the most successful yacht companies in the world. Finally, it is pointed out that Lürssen Yachts is one of the oldest yacht companies in the world, with a heritage of nearly 150 years.

The boating industry is a competitive and dynamic market, with many companies vying for the attention of the most demanding customers. All of the yacht companies mentioned above are valued in the millions of dollars and continue to earn huge incomes with their impeccable yacht building expertise.

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