Clive Palmer’s super yacht latest asset on the block
Clive Palmer has put his hardly-used super yacht Maximus on the market for a little more than he paid for it.
Clive Palmer has put his super yacht Maximus on the market with a $6.3 million price tag, after the weathered vessel underwent repairs on the Gold Coast.
Insiders told The Australian Mr Palmer, who boasted of buying the yacht for his daughter Emily’s 15th birthday in 2009, hardly used the 30m Horizon yacht.
Mr Palmer bought the yacht at a receiver’s auction for $5.3 million, down from the $7 million plus paid by original owner and fallen IT tycoon Daniel Tzvetkoff the year before.
The Fairfax MP, who will not recontest the Queensland seat on July 2, has listed the yacht with the Boutique Boat Company at Sovereign Islands, near his Gold Coast mansion.
The twin-Caterpillar engine-driven yacht, which includes Miele appliances, jacuzzi, and double ensuite cabins, was reportedly used by Mr Palmer for business meetings and was rarely taken offshore.
A Gold Coast boating source said the yacht required major works before it was put to the market. “It needed work. It’s ironic but the top end of the luxury boat market has picked up, so he might do OK,” the source said.
Mr Palmer said earlier this year he would replace Maximus with a “new boat”, claiming he couldn’t keep two superyachts on his jetty of his Sovereign Island mansion.
One of Mr Palmer’s planes — a Bombardier Global Express aircraft bought for $40 million in June, 2012, was last month put on sale, after Palmer Aviation went into administration.
Mr Palmer this week said he would serve a statement of claim against FTI Consulting and its senior managing director John Park seeking $1.2 billion in damages in relation to its administration of Queensland Nickel.