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Peek inside the 300-foot superyacht linked to 1MDB scandal that’s for sale at US$120 million discount

STORYBusiness Insider
The superyacht Equanimity – impounded during the investigation into the 1Malaysia Development Berhad (1MDB) scandal – has been for sale since last October, and costs US$130 million. Photos: Burgess
The superyacht Equanimity – impounded during the investigation into the 1Malaysia Development Berhad (1MDB) scandal – has been for sale since last October, and costs US$130 million. Photos: Burgess
Luxury cruises

  • Equanimity, priced at US$130 million, can carry 22 passengers and 31 crew, and has its own gym, spa, cinema and helipad
  • Malaysian government reportedly spends US$500,000 per month on upkeep of yacht impounded during 1MDB inquiry

If you have a spare US$130 million and are in the market for a superyacht with space for up to 22 passengers, a helipad, and a variety of wellness amenities, then this one may be just what you’re looking for.

The yacht gained some notoriety last year when it was impounded during the investigation into the 1Malaysia Development Berhad (1MDB) scandal, in which US$4.5 billion from the 1MDB fund was misappropriated.

It previously belonged to the fugitive Malaysian banker Low Taek Jho, who is believed by US authorities to be the mastermind behind the scandal. Low has persistently claimed he is innocent.

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According to Bloomberg, the Malaysian government is spending up to US$500,000 per month to maintain the yacht.

The yacht specialist Burgess is the broker for the sale.

The company said only one to two yachts of this value sell globally each year and that it takes 12 to 24 months for them to sell.

The superyacht’s US$130 million price is a significant cut from the US$250 million that Low reportedly paid for it.

Jonathan Beckett, CEO of Burgess, said that the yacht has been on the market since the end of last October.

Check out the ultra-luxurious yacht.

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