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£100 million superyacht seized from shamed bizcroc dubbed the ‘Asian Great Gatsby’

June 24, 2019

Yours to rent as long as you’ve got a cool £1-million-a-week!

 

A £100 million superyacht seized from a disgraced party-loving bizcroc is set to become this summer’s ultimate Med party venue as it has been put up for rent.

The 300-ft vessel boasts rooms for 22 guests including a master suite and three VIP state rooms, a spa, a beauty salon, a cinema, a gym, a deck-pool, an outdoor bar, its own helipad and is serviced by a 29-strong crew.

Renamed Tranquility, the ship was once the prize asset of fugitive bizcroc Low Taek Jho – but it was snatched from him and sold this year to recoup some of the £3 billion he is accused of embezzling from the Malaysian government.

A £100 million superyacht seized from a disgraced party-loving bizcroc is set to become this summer’s ultimate Med party venue as it has been put up for rent

The 300-ft vessel boasts rooms for 22 guests including a master suite and three VIP state rooms, a spa, a beauty salon, a cinema, a gym, a deck-pool, an outdoor bar and its own helipad

The stunning vessel – serviced by a 29-strong crew – will sail around the Med this summer, putting into port on the romantic Amalfi Coast, Cannes, St Tropez and the islands of Corsica

The ship – built in 2013 – is sure to be the ultimate party boat this summer but it will not be cheap as would-be customers looking to hire it will have to spend a cool £1 million a week

Now the ultimate-luxury yacht is available for hire for a cool £1 million per week.

The 2013-built boat will happily sail around the Med this summer, putting into port on the romantic Amalfi Coast, Cannes, St Tropez, the islands of Corsica and Sardinia, as well as other locations along the French and Italian Riverias.

The ship was once the prize asset of bizcroc Low Taek Jho (above with Leonard DiCaprio)

‘She was officially put up for rent this morning,’ Katia Damborsky, of Yacht Charter Fleet told MailOnline.

‘There have been no takers yet, but it’s expected she will be popular among large groups because of her unique capacity to host 22 people on board.

‘She is on her way to the Med now and we will expect to see a lot of her in Italy and the south of France.’

With a journey range of 5,000 nautical miles and a maximum speed of 20 knots, the Tranquility can cruise around the Mediterranean while guests enjoy the height of luxury. The interior is designed by Winch Design and the exterior styling is by Oceanco.

‘Tranquility’s impressive leisure and entertainment facilities make her the ideal charter for socializing and entertaining with family and friends,’ Ms Damborsky added.

‘Timeless styling, beautiful furnishings and sumptuous seating feature through to create an elegant and comfortable atmosphere.’

Renamed Tranquility, the boat has a colourful history as it was seized from Taek Jho and sold to recoup some of the £3 billion he allegedly embezzled from the Malaysian government

With a journey range of 5,000 nautical miles and a maximum speed of 20 knots, the Tranquility (dining room pictured) can cruise around the Med while guests enjoy the height of luxury

The ship’s luxurious interior is designed by Winch Design and the exterior is styled by Oceanco

Guests can enjoy a jacuzzi, a beauty room and a host of mod cons as well as be served around the clock by a team of staff

At the height of his wealth, bizcroc Low – dubbed the ‘Asian Great Gatsby’ for his love of lavish parties – rubbed shoulders with Hollywood A-listers including Robert De Niro and Leonardo DiCaprio.

Low, who was born into a wealthy Malaysian Chinese family and educated at Harrow School public school in London, is estimated to have spent £50 million on entertainment in one year.

His 28th birthday in Las Vegas lasted several days with reports that celebrities were paid £50,000 each to attend one of his parties.

In 2010 he is reported to have splashed out £1.8 million for a ‘bottle parade’ in St Tropez, south of France, when bikini-clad models brought champagne to his guests.

He gave former Victoria’s Secrets model Miranda Kerr and £2.2 million diamond pendent and actor Leonardo DiCaprio a £2.5 million Picasso painting.

But he fell foul of the law in 2016 and became the subject of an Interpol international arrest warrant for his part in the 1MDB financial scandal in which former Malaysian prime minister Najib Razak was accused of syphoning off at least £3 billion of state funds.

At the height of his wealth Jho – dubbed the ‘Asian Great Gatsby’ for his love of lavish parties – rubbed shoulders with Hollywood A-listers including Robert De Niro and Leonardo DiCaprio

Jho is alleged to have embezzled the staggering sum from a Malaysian state fund and then used the money to fund a lavish lifestyle, surrounded by celebrities such as Gigi Hadid (above)

He was also generous to those who met with former Victoria’s Secrets model Miranda Kerr handed a £2.2m diamond pendant while DiCaprio was given a £2.5m Picasso painting. Both gifts have been returned to the Malaysian Government. Pictured: Low with Usher

Low was charged with money laundering but he fled to China, where he is believed to still be in hiding.

Low had originally bought the 300-ft super-yacht, named Equanimity, for an estimated £200 million.

But the Malaysian government sold it the knock-down price of £100 million to the Gentling casino group earlier this month, due to the £3 million a year up-keep.

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