The cost of ownership for a 60-foot 1 million yacht is going to be about 10 of its value or 100000 per year said Peter Schmidt Founder of United Yacht Sales.

Kismet yacht operating cost. Kismet is available for charter through Moran Yacht and Ship winter rates start at 12 million per week while summer rates start at 135 million per week. Shahid Shad Khan -- estimated net worth 74-billion -- has an amazing superyacht in his 312-foot Kismet. The Sailo Boat Calculator is a tool that allows you to explore predict and plan costs and revenues associated to boat ownership.

The calculator has built-in models that compute costs as a. Heres an inside look. Images via Gibraltar Yachting Instagram and Ron Raffety.

Built under the supervision of the Moran yacht construction team the 95m KISMET yacht was delivered by luxury yacht builders Lurssen in 2014. Built under the supervision of the Moran yacht construction team the 312-foot KISMET yacht was delivered by luxury yacht builders Lürssen in 2014. The word kismet means destiny or fate in Khans native Urdu and many other languages.

In 2014 the superyacht was replaced by the 94 meters 308ft same-named yachtThis mega yacht was also built at LurssenIn 2019 Kismet was listed for sale again as she is to be replaced by a 100meter plus yacht. The most important user inputs can be found on the left side of the Cost of Ownership tab. You can pretty well estimate that for a later model boat of this size in the Florida market your general costs are going to.

This adds up to a gross tonnage of 2928 tons. It is managed by the Moran Yacht Ship chartering business and is owned by Pakistani-American billionaire Shahid Khan. Captains cost roughly 1000 per year per foot of boat---thats 110000 or so to command an embarrassingly small 100-footer and 220000 or more for yachts over 200 feet.

So in theory a 10 million yacht would set you back 2 million a year in operational costs. They start around 300000 for smaller 40-foot models and can go as high as several hundred million dollars for the biggest superyachts. Heres How Much Yachts Cost on Average.