Who Really Owns The Boat Grace?

The M/Y Grace, formerly known as Kibo, is an 81-metre superyacht built by Abeking & Rasmussen in 2014. It was initially owned by Russian billionaire Alexander Mamut but was sold in 2018 to John Reece, CFO of INEOS, and renamed Grace. The yacht's interior and exterior design is the work of Terence Disdale, and it is powered by twin 2,000 hp Caterpillar 3516-B diesel engines, giving it a maximum range of 4,500 nautical miles. Grace is currently a private yacht and is not available for charter.

Yacht specifications

The Grace Yacht, originally named Kibo, is a luxurious 81-metre superyacht. It was built by Abeking & Rasmussen, a well-reputed shipyard known for its precision in yacht-building. The yacht was initially delivered to its original owner, Russian billionaire Alexander Mamut, in 2014.

The yacht boasts a robust steel hull paired with a lightweight aluminium superstructure. This unique construction facilitates better stability and speed in water. Its power derives from a pair of Caterpillar 3516-B diesel engines that enable a top speed of 16 knots, or 16.5 knots according to another source. With these engines, Grace can cover a remarkable range of 4,500 nautical miles at a cruising speed of 12 knots. She comfortably cruises at 14 knots.

The yacht's aesthetic appeal owes to the visionary design of Terence Disdale Design, which undertook both the interior and exterior design, giving Grace a harmonious and luxurious look and feel.

The yacht has a full-beam master cabin with his/her en suite and study. She can accommodate up to 12 guests in 6 suites comprising one VIP cabin. The supremely spacious full-beam master suite incorporates its own study and benefits from a his-and-hers bathroom. She is also capable of carrying up to 23 crew onboard to ensure a relaxed luxury yacht experience.

The yacht features a piano, elevator, underwater lights, beach club and air conditioning. Her water tanks store around 35,000 litres of fresh water. She was built to Lloyds Register ✠ 100 A1 SSC YACHT MONO G6 ✠ LMC UMS classification society rules, and is MCA Compliant.

Previous owner: Alexander Mamut

The motor yacht Grace, originally named Kibo, epitomises luxury maritime travel. This 81-metre superyacht was built by Abeking & Rasmussen and delivered to its original owner, Alexander Mamut, in 2014. Mamut is a prominent figure in the global business world, a Russian billionaire, lawyer, banker, and seasoned investor, born in January 1960.

Mamut's investment vehicle, A&NN Capital Fund Management, holds shares in companies spanning various industries, including bookstores, publishers, and mining. He has had stakes in banks, an insurance company, a fertiliser producer, and a mobile phone chain. Mamut's diverse portfolio demonstrates his investment acumen.

Mamut's association with luxury is evident in his ownership of the yacht Grace, as well as a $35 million Bombardier Challenger private jet, and residences in Barvikha and Kensington. His estimated net worth is $2 billion, according to Forbes, reflecting his success and opulent lifestyle.

In 2018, Mamut sold the yacht Kibo, which was then acquired by John Reece, CFO of INEOS, and renamed Grace. This transaction showcases the appeal of luxurious yachts among high-net-worth individuals.

Current owner: John Reece

The current owner of the Grace Yacht is billionaire John Reece, CFO at INEOS. The yacht was originally named Kibo and was owned by Russian billionaire Alexander Mamut. It was built by Abeking & Rasmussen and delivered to Mamut in 2014.

In 2018, the yacht changed hands and was renamed Grace by its new owner, John Reece. With a length of 81 metres (265.75 feet) and a beam of 14 metres (45.93 feet), Grace is a luxurious superyacht. It boasts a steel hull, an aluminium superstructure, and a harmonious and luxurious design by Terence Disdale Design.

The yacht is powered by two Caterpillar engines, enabling it to reach a top speed of 16.5 knots. With these engines, Grace can cover a range of 4,500 nautical miles at a cruising speed of 12 knots. The yacht also features zero-speed stabilizers, an elevator, a beach club, a grand piano, a swimming platform, a tender garage, air conditioning, and underwater lights.

John Reece's love for yachts is evident, as he has previously owned the Feadship New Hampshire, which he later sold to Robert Lourie, who renamed it MY Prediction. The Grace Yacht showcases the penchant of high-net-worth individuals for luxurious maritime travel.

Design and aesthetics

The Grace Yacht, formerly known as Kibo, is a 266-foot superyacht built by Abeking & Rasmussen in Germany in 2014. The yacht's design, both interior and exterior, is the work of Terence Disdale, an award-winning designer known for creating some of the most renowned superyachts in the world. Disdale has a unique talent for designing luxurious and harmonious spaces that reflect the personalities of his clients.

The yacht's interior is styled by the English designer design house Terence Disdale, who has established a reputation for creating elegant, timeless, and luxurious interiors for yachts and properties worldwide. The interior of Grace exudes elegance and opulence, with a harmonious blend of beautiful fabrics, marble, deep burgundy wood trim, bamboo floors, nickel metalwork, and custom alabaster sconces, creating a warm and inviting living space.

The exterior of Grace is just as impressive as the interior, with a sleek and sophisticated design. The yacht has a steel hull and an aluminium superstructure, with teak decks. The hull is built with a robust steel structure, while the superstructure is made of lightweight aluminium, facilitating better stability and speed in the water. The exterior joinery is crafted from varnished teak, adding to the yacht's sophisticated aesthetic.

Grace features an impressive array of amenities, including a piano, elevator, underwater lights, beach club, and a swimming platform. The yacht can accommodate up to 12 guests in 6 suites, including one VIP cabin, and has a full-beam master suite with a study and a his-and-hers bathroom. Grace also has the capacity to carry up to 23 crew members to ensure a luxurious and comfortable yachting experience.

Amenities and features

The Grace Yacht, originally named Kibo, is a luxurious 81-metre superyacht. It was built by Abeking and Rasmussen, a well-reputed shipyard known for its precision in yacht-building. The yacht's interior and exterior were designed by Terence Disdale Design, giving it a harmonious and luxurious look and feel. The project was managed by Y.CO, a leading yacht broker.

Grace boasts a robust steel hull paired with a lightweight aluminium superstructure, which provides better stability and speed in the water. It is powered by twin Caterpillar (3516B) 2,001hp engines, enabling a top speed of 16 knots. With these engines, Grace can cover a range of 4,500 nautical miles at a cruising speed of 12 knots.

Grace has a full-beam master suite with a study and a his-and-hers bathroom, as well as five additional suites, allowing it to accommodate up to 12 guests. It also has the capacity for a 23-person crew.

The yacht features a piano, an elevator, underwater lights, a beach club, and air conditioning. It also has a swimming platform, a tender garage, and zero-speed stabilizers.

For entertainment, Grace offers a variety of water sports equipment, including a Seadoo RXP 255 WaveRunner, snorkelling and scuba diving equipment, transparent hull kayaks, towable toys, an inflatable trampoline, and two tenders. It also has Wi-Fi connectivity and a deck jacuzzi.

Frequently asked questions