• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
People can't believe how much Michael Jordan's weekly maintenance bill comes to on $80 million superyacht

Home> Celebrity> News

Published 18:44 2 Apr 2024 GMT+1

People can't believe how much Michael Jordan's weekly maintenance bill comes to on $80 million superyacht

Did you expect chartering a super-yacht to be cheap?

Kit Roberts

Kit Roberts

google discoverFollow us on Google Discover

Michael Jordan spends a staggering amount to charter a super yacht.

Jordan is one of the richest athletes in the world and used his NBA wealth to invest and build a massive portfolio worth over $1 billion.

The yacht is owned by Indian businessman Sameer Gehlaut, and is reportedly worth around $80 million.

Advert

If that sounds like a lot for a boat, it's probably because it has more amenities and luxuries than most houses.

These include not one but two jacuzzis, a dining room, a dining room, a beach club, movie theatre, a gym, and a spa.

There is also, of course, a basketball court on board as well.

It's not just that either, as the boat also has a private chef assigned to it, as well as eight cabins for guests.

In total, the yacht has a crew of 19 on board, including a captain and sailors as well as hospitality staff.

Joy is available to charter for people who are in the business of spending their time hanging out on luxury yachts, and can afford it.

Joy is chartered out by NBA star Michael Jordan.
Boat Safe

Among them is Michael Jordan, himself the owner of several yachts of his own.

But it seems that Joy offers something that the basketball legend likes a lot, as he is willing to fork out a staggering amount to charter the 70 metre boat.

So how much is he willing to spend to rent out the boat?

Well, it comes to a whopping $780,000 a week to charter the yacht.

Yes, you read that right, nearly $800k a week. That's a fair wedge of cash to be dropping on spending just one week on an enormous yacht.

Though given the amazing amenities on board the boat, the price tag perhaps shouldn't come at much of a surprise.

Of course the yacht has a basketball court!
Boat Safe

Even covering the cost of running such a vessel must be sky high.

You have to pay all of your staff's wages, which means covering wages for a crew of 19 people on the ship.

Then there's also the costs of actually physically keeping the boat running.

That includes buying fuel to power the twin engines.

This isn't just filling up your car - Joy's fuel tanks hold a whopping 100,000 litres (around 26,400 gallons) of fuel according to yachtcharterfleet.com.

So one tank of fuel at the current price of $5.66 a gallon in the Bahamas, where Joy is located, is just under $150,000.

No wonder chartering Joy out is so expensive!

Featured Image Credit: Aurelien Meunier/Getty Images/Boat Safe

Topics: News, US News, Michael Jordan

Kit Roberts
Kit Roberts

Kit joined UNILAD in 2023 as a community journalist. They have previously worked for StokeonTrentLive, the Daily Mirror, and the Daily Star.

Advert

Advert

Advert

  • Body language expert breaks down Timothée Chalamet's 'genuine' reaction to Michael B. Jordan's Oscars win
  • People are all saying the same thing after Michael B. Jordan reveals why he hasn't had kids yet
  • American Airlines pilot's eye-watering paycheck goes viral and people can't believe how much he earns
  • Michael J Fox makes heartbreaking admission on how he wants to die after living with Parkinson’s for 35 years

Choose your content:

3 hours ago
4 hours ago
5 hours ago
  • Wiktor Szymanowicz/Anadolu via Getty Images
    3 hours ago

    10 actors who have surprisingly never won an Oscar

    The Academy Awards have seen many celebrities take home a prize, but some household names have yet to make the cut

    Celebrity
  • Ellen DeGeneres/Twitter via Getty Images
    4 hours ago

    Every celebrity that's been canceled from the iconic Oscars selfie 12 years on

    The photo taken by Bradley Cooper featured some very famous faces

    Celebrity
  • Dave Benett/Getty Images
    4 hours ago

    Oprah Winfrey hits back at comments claiming she walks like a '90-year-old'

    A stumbling appearance at Paris Fashion Week caused some to say Oprah Winfrey was walking like a 90-year-old, but the truth was far stranger

    Celebrity
  • Kevin Winter/Getty Image
    5 hours ago

    Body language expert breaks down Timothée Chalamet's 'genuine' reaction to Michael B. Jordan's Oscars win

    Michael B. Jordan won one of the big prizes at this year's Academy Awards, while Timothée Chalamet lost his third Best Actor nomination

    Celebrity