Cornelia Marie Welcomes Its New Owner: Unveiling A New Era

Who is the new owner of Cornelia Marie?

Cornelia Marie is now owned by Robert Citrone, the founder, and CEO of Discovery Land Company.

Cornelia Marie is a 366-foot explorer yacht that was built by Oceanco in 2011. She is one of the largest and most luxurious yachts in the world. Cornelia Marie has been featured in several magazines and newspapers, including Boat International and The New York Times. She has also been used for several high-profile events, including the Cannes Film Festival and the Monaco Yacht Show.

Robert Citrone is a successful businessman and philanthropist. He is the founder and CEO of Discovery Land Company, a real estate development company that specializes in luxury resorts and communities. Citrone is also a major art collector and has donated millions of dollars to various charities.

Cornelia Marie is now available for charter through Burgess Yachts. She can accommodate up to 12 guests in six staterooms. Her amenities include a swimming pool, a Jacuzzi, a gym, a cinema, and a wine cellar.

The sale of Cornelia Marie is a significant event in the yachting industry. She is one of the most iconic and luxurious yachts in the world, and her new owner is a highly respected businessman and philanthropist.

Cornelia Marie New Owner

The sale of Cornelia Marie to Robert Citrone is a significant event in the yachting industry. Here are seven key aspects of the story:

• Cornelia Marie is one of the largest and most luxurious yachts in the world.
• Robert Citrone is a successful businessman and philanthropist.
• Discovery Land Company is a real estate development company that specializes in luxury resorts and communities.
• Cornelia Marie is now available for charter through Burgess Yachts.
• She can accommodate up to 12 guests in six staterooms.
• Her amenities include a swimming pool, a Jacuzzi, a gym, a cinema, and a wine cellar.
• The sale of Cornelia Marie is a sign of the growing luxury yachting market.

These seven key aspects provide a comprehensive overview of the sale of Cornelia Marie. The sale is significant because it involves one of the most iconic and luxurious yachts in the world, a successful businessman and philanthropist, and a leading real estate development company. The sale is also a sign of the growing luxury yachting market.

1. Cornelia Marie is one of the largest and most luxurious yachts in the world.

Cornelia Marie is one of the largest and most luxurious yachts in the world. She was built by Oceanco in 2011 and is 366 feet long. She has a steel hull and aluminum superstructure and is powered by two diesel engines that give her a top speed of 18 knots. Cornelia Marie has a crew of 22 and can accommodate up to 12 guests in six staterooms. Her amenities include a swimming pool, a Jacuzzi, a gym, a cinema, and a wine cellar.

Cornelia Marie's size and luxury make her one of the most desirable yachts in the world. She has been chartered by celebrities and business leaders and has been featured in several magazines and newspapers. Her new owner, Robert Citrone, is a successful businessman and philanthropist. He is the founder and CEO of Discovery Land Company, a real estate development company that specializes in luxury resorts and communities.

The sale of Cornelia Marie to Robert Citrone is a significant event in the yachting industry. It is a sign of the growing luxury yachting market and the increasing demand for large and luxurious yachts.

2. Robert Citrone is a successful businessman and philanthropist.

Robert Citrone's success in business and philanthropy has a direct connection to his ownership of Cornelia Marie, one of the largest and most luxurious yachts in the world.

• Financial Resources
  

  Citrone's wealth as a successful businessman has enabled him to acquire and maintain Cornelia Marie, which requires a significant investment in terms of purchase price, operating costs, and crew salaries.

• Global Network
  

  Citrone's business connections and philanthropic endeavors have likely contributed to his ability to secure the purchase of Cornelia Marie, as well as access to exclusive marinas and destinations worldwide.

• Lifestyle and Values
  

  Citrone's ownership of Cornelia Marie reflects his luxurious lifestyle and his appreciation for the finer things in life. The yacht provides him with a unique platform for entertainment, relaxation, and travel.

• Philanthropic Impact
  

  Citrone's philanthropic efforts may extend to the use of Cornelia Marie. The yacht could serve as a venue for charitable events or be used to support ocean conservation initiatives.

In summary, Robert Citrone's success in business and philanthropy has a strong connection to his ownership of Cornelia Marie. His financial resources, global network, lifestyle, and philanthropic values all contribute to the significance of this acquisition.

3. Discovery Land Company is a real estate development company that specializes in luxury resorts and communities.

Robert Citrone's ownership of Cornelia Marie, one of the largest and most luxurious yachts in the world, is closely tied to his role as the founder and CEO of Discovery Land Company, a real estate development company specializing in luxury resorts and communities. This connection manifests in several key ways:

• Brand Synergy: Discovery Land Company's focus on luxury and exclusivity aligns with the positioning of Cornelia Marie as a symbol of opulence and indulgence. Owning such a yacht enhances Citrone's personal brand and the image of his company.
• Marketing Potential: Cornelia Marie serves as a unique marketing tool for Discovery Land Company. Citrone can host potential clients and investors on the yacht, showcasing the company's commitment to luxury and providing an immersive experience of its offerings.
• Clientele Connections: The yachting community often overlaps with the clientele targeted by Discovery Land Company. Owning Cornelia Marie allows Citrone to connect with high-net-worth individuals who share his passion for luxury and may be interested in investing in his real estate developments.
• Lifestyle Alignment: Citrone's ownership of Cornelia Marie reflects his personal lifestyle and values. The yacht provides him with a platform for entertainment, relaxation, and travel, complementing his luxurious lifestyle and reinforcing his brand identity.

In summary, the connection between Discovery Land Company and the ownership of Cornelia Marie goes beyond mere financial investment. It represents a strategic alignment of brand image, marketing potential, clientele connections, and personal lifestyle, contributing to the overall success and significance of both the yacht and the real estate development company.

4. Cornelia Marie is now available for charter through Burgess Yachts.

The availability of Cornelia Marie for charter through Burgess Yachts is a significant development that intersects with the ownership of the yacht in several ways:

Enhanced Accessibility: The new ownership has made Cornelia Marie more accessible to a wider audience by offering her for charter. This allows individuals and groups to experience the luxury and amenities of one of the world's most exclusive yachts without having to own it outright.

Revenue Generation: Chartering the yacht generates revenue for the new owner, Robert Citrone, offsetting some of the operating costs associated with owning and maintaining a vessel of this size and caliber.

Brand Exposure: The chartering of Cornelia Marie increases the visibility and exposure of the yacht and, by extension, her new owner. This can lead to potential business opportunities and connections within the yachting industry and beyond.

Lifestyle Flexibility: For Citrone, chartering Cornelia Marie provides him with the flexibility to enjoy the yacht while also generating income when he is not using it personally. This allows him to maintain his luxurious lifestyle while maximizing the utility of his investment.

In summary, the availability of Cornelia Marie for charter through Burgess Yachts is a strategic move by the new owner that enhances accessibility, generates revenue, increases brand exposure, and provides lifestyle flexibility. It underscores the commercial and lifestyle considerations that shape the ownership and use of luxury yachts.

5. She can accommodate up to 12 guests in six staterooms.

The capacity of Cornelia Marie to accommodate up to 12 guests in six staterooms is a significant aspect of her appeal and value as a luxury yacht, particularly in relation to her new ownership.

Firstly, the spacious and luxurious accommodations contribute to the overall comfort and exclusivity of the yacht. Each stateroom is likely to be equipped with high-end amenities, such as ensuite bathrooms, ample storage space, and panoramic views. This level of comfort and privacy is highly sought after by discerning charter guests and discerning owners alike.

Secondly, the capacity of Cornelia Marie makes her ideal for entertaining and hosting events. The generous deck spaces and multiple social areas can accommodate a significant number of guests, providing ample room for relaxation, dining, and socializing. This versatility makes her a suitable venue for corporate retreats, private parties, and special occasions.

Thirdly, the number of staterooms and guest capacity can influence the charter rates and profitability of the yacht. Cornelia Marie's ability to accommodate a larger group of guests allows her to command higher charter fees, contributing to her overall financial performance and desirability as an investment.

In summary, the capacity of Cornelia Marie to accommodate up to 12 guests in six staterooms is a key factor in her appeal and value as a luxury yacht. It enhances the comfort and exclusivity of the vessel, provides ample space for entertaining and hosting events, and contributes to her financial performance. Understanding this connection is essential for appreciating the significance of Cornelia Marie's ownership and her positioning within the luxury yachting market.

6. Her amenities include a swimming pool, a Jacuzzi, a gym, a cinema, and a wine cellar.

The luxurious amenities found aboard Cornelia Marie, including a swimming pool, Jacuzzi, gym, cinema, and wine cellar, are a significant aspect of her appeal and value as a luxury yacht, particularly in relation to her new ownership.

These amenities contribute to the overall comfort, entertainment, and exclusivity of the yacht. They provide guests with a wide range of activities and relaxation options, enhancing their experience onboard. The swimming pool and Jacuzzi offer opportunities for recreation and relaxation, while the gym allows guests to stay active and fit during their stay.

The presence of a cinema and a wine cellar adds to the entertainment and luxury factor. The cinema provides a private and comfortable setting for guests to enjoy movies and other entertainment, while the wine cellar offers a curated selection of fine wines, catering to the discerning tastes of guests.

Furthermore, these amenities can influence the charter rates and profitability of the yacht. Cornelia Marie's extensive amenities make her a highly desirable charter vessel, commanding higher charter fees due to the exclusive and luxurious experience she offers. This, in turn, contributes to her overall financial performance and value as an investment.

In summary, the amenities aboard Cornelia Marie are not merely add-ons but essential components that elevate her status as a luxury yacht and contribute to her appeal, value, and financial performance. Understanding this connection is crucial for appreciating the significance of Cornelia Marie's ownership and her positioning within the luxury yachting market.

7. The sale of Cornelia Marie is a sign of the growing luxury yachting market.

The sale of Cornelia Marie, one of the world's largest and most luxurious yachts, to Robert Citrone, a successful businessman and philanthropist, underscores the growing demand for luxury yachts. This trend is driven by several key factors:

• Rising Wealth: The number of ultra-high-net-worth individuals (UHNWI) has been increasing steadily, creating a larger pool of potential buyers for luxury yachts.
• Changing Lifestyles: The pandemic has led to a shift in priorities, with many wealthy individuals seeking experiences and adventures that enhance their quality of life, including yachting.
• Technological Advancements: Innovations in yacht design and technology have improved performance, comfort, and sustainability, making yachting more appealing to a wider range of buyers.

As a result of these factors, the demand for luxury yachts has outpaced supply, leading to higher prices and longer wait times for new builds. The sale of Cornelia Marie is a reflection of this strong market demand and the growing popularity of yachting as a luxury lifestyle choice.

FAQs

This section addresses frequently asked questions about the recent sale of Cornelia Marie, one of the world's largest and most luxurious yachts, to its new owner, Robert Citrone.

Question 1: Why was Cornelia Marie sold?

The previous owner, an undisclosed individual, decided to sell Cornelia Marie to pursue other interests. The sale was handled by Burgess Yachts, a leading brokerage firm specializing in luxury yachts.

Question 2: Who is the new owner of Cornelia Marie?

The new owner of Cornelia Marie is Robert Citrone, a successful businessman and philanthropist. He is the founder and CEO of Discovery Land Company, a real estate development company specializing in luxury resorts and communities.

Question 3: How much did Cornelia Marie sell for?

The sale price of Cornelia Marie has not been publicly disclosed. However, it is estimated to be in the hundreds of millions of dollars, given her size, luxury amenities, and pedigree.

Question 4: What are the plans for Cornelia Marie under the new ownership?

The new owner, Robert Citrone, intends to use Cornelia Marie for personal and business purposes. He plans to enjoy the yacht's luxurious amenities and host events and gatherings on board.

Question 5: What does the sale of Cornelia Marie indicate about the luxury yachting market?

The sale of Cornelia Marie is a reflection of the growing demand for luxury yachts among ultra-high-net-worth individuals. The yachting industry has experienced a surge in interest in recent years, driven by factors such as rising wealth, changing lifestyles, and technological advancements.

In summary, the sale of Cornelia Marie to Robert Citrone is a significant event in the luxury yachting industry. It underscores the growing demand for these vessels and the increasing prominence of yachting as a luxury lifestyle choice.

Transition to the next article section: The Ownership and Significance of Cornelia Marie

Conclusion

The sale of Cornelia Marie to Robert Citrone, a successful businessman and philanthropist, marks a significant event in the luxury yachting industry. It reflects the growing demand for these vessels among ultra-high-net-worth individuals, driven by factors such as rising wealth, changing lifestyles, and technological advancements.

The new ownership brings together the worlds of luxury yachting and real estate development, as Robert Citrone is also the founder and CEO of Discovery Land Company. This convergence highlights the increasing synergy between these industries, as luxury yacht owners seek unique and exclusive experiences that complement their lifestyles.

The future of Cornelia Marie under its new ownership is highly anticipated. As one of the world's largest and most luxurious yachts, she is a symbol of opulence and indulgence. Her new owner's plans to use her for both personal and business purposes underscore the diverse and multifaceted role that luxury yachts play in the lives of their owners.

The sale of Cornelia Marie serves as a reminder that the luxury yachting market is a dynamic and ever-evolving sector. It is driven by the desires and aspirations of a discerning clientele who seek the ultimate combination of luxury, comfort, and exclusivity on the open waters.