25 July 2026 · Yotters, independent yacht media
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Fleet & Launches

Feadship's 101m Destiny goes to Schwarzman, the year's benchmark

Feadship has handed over Destiny, a 101.2-metre custom yacht, to Blackstone co-founder Stephen Schwarzman, with trade press putting her value at around $400 million. She carries 14 guests and 39 crew behind an RWD exterior and a glass-bottom pool that lights the beach club below. For anyone building at the top of the market, she is the new reference point for what a nine-figure Feadship now delivers.
22 July 20263 min readYotters DeskEdited by Leon Soliman

What Schwarzman actually bought

Destiny measures 101.2 metres with a 15.25-metre beam, a steel hull and an aluminium superstructure, and runs on twin MTU engines for a top speed near 17 knots. She was drawn by British studio RWD, with naval architecture by Azure and interiors by RWD and Paris-based Chahan. The layout holds 14 guests and 39 crew.

The signature is a glass-bottom pool on the main aft deck that drops daylight into the beach club, which opens to the sea on fold-down balconies. There is a touch-and-go helipad on the foredeck, a forward Jacuzzi on the upper deck, and the expected spa, sauna and gym. None of it shouts, which is the point at this level.

Why the price matters to other owners

The figure being reported, around $400 million, is an estimate rather than a disclosed contract price, and Feadship does not confirm build costs. Even as an estimate it sets a marker: a fully custom 100-metre from a top northern-European yard now trades near that level. Owners pricing their own builds or resales read Destiny as the ceiling the market will bear.

She also lands while demand at the very top holds up. Brokers have reported a busy first half of 2026, and a delivery on this scale, to a name this visible, signals that the largest owners are still committing capital to new metal. That confidence tends to hold values under the boats already on the water.

The build in short

Destiny was launched from Feadship's Makkum facility on 1 April 2026, ran sea trials through May, and was handed to her owner in early July. That is a tight run from launch to delivery for a yacht of this volume, and it points to a programme that was well advanced before she touched the water.

For now she joins a short list of privately owned yachts past 100 metres, most of them delivered in the last few years. Whether Schwarzman keeps her fully private or lets her charter is not public, but at 14 guests and 39 crew she is built to run either way.

Reported from primary sources: Feadship, BOAT International, SuperYacht Times, YachtBuyer.
Yotters DeskEditor-in-Chief: Leon SolimanEditorial standards

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