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David Geffen's 82-Room Megayacht Docks in Portland, Maine

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The picturesque harbor at Portland, Maine hosts a number of luxury cruise ships in the fall months, but rarely does a privately owned vessel of a similar stature grace its waters. Thus when the world’s 10th largest yacht, David Geffen’s 453-foot long Rising Sun  docked there recently, it caused quite a sensation. The five-story, 82-room yacht took up enough space for several smaller boats at the city’s Ocean Gateway International Marine Terminal. Originally commissioned by Oracle billionaire Larry Ellison from Germany's Lürssen shipyard in 2004, the yacht cost about $250 million to build. The Rising Sun features luxe accommodations for 12 people, in addition to 30 crew members, and features a gymnasium, spa, sauna, wine cellar, private cinema and basketball court that converts to a helipad. 

Geffen and Ellison were originally co-owners of the yacht before Geffen took full control of it in 2010. It it is the largest yacht in the world owned by a U.S. citizen. It is not known whether Geffen was on board the yacht when it arrived in Maine, but here’s where a few other billionaires docked their yachts recently: 

  • Russian Billionaire Andrey Melnichenko brought the world’s “coolest” megayacht — a 390-foot, $400 million vessel designed by Philippe Starck and dubbed the A  — to Auckland, New Zealand.
  • Russian oligarch Roman Abramovich brought the 536-foot  Eclipse , the second largest yacht in the world which cost around $800 million, to the southern Croatian island of Mljet.
  • Microsoft billionaire Paul Allen arrived in Iceland aboard the 414-foot Octopus , the 13th largest yacht and the largest expedition yacht in the world.

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Jared Paul Stern

Jared Paul Stern, JustLuxe's Editor-at-Large, is the Executive Editor of Maxim magazine and has written for the Wall Street Journal, New York Times, the New York Times' T magazine, GQ, WWD, Vogue, New York magazine, Details, Hamptons magazine, Playboy, BlackBook, the New York Post, Man of the World, and Bergdorf Goodman magazine among others. The founding editor of the Page Six magazine, he has al... (Read More)

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Massive yacht turns heads along Portland waterfront

PORTLAND, Maine (WMTW) - Maine is known for its waterfront, and places like Portland are certainly no stranger to massive cruise ships and luxury yachts.

But a boat that has been docked in Portland for the last several days is certainly turning some heads.

The “Rising Sun” is owned by billionaire media mogul David Geffen. The so-called giga-yacht is one of the 20 largest yachts in the world.

It is 452 feet long, and five stories high with 82 rooms, a spa, a movie theater, a wine cellar and a full-sized basketball court. It staffs a crew of 45 people.

Many people have been heading to the Portland waterfront just to get a look.

Copyright 2023 WABI. All rights reserved.

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Gigayacht arrives in Portland Harbor

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The gigayacht, owned by music mogul David Geffen, is five stories high and 453 feet long.

A $400 million gigayacht floating in the Portland Harbor is turning heads.

A yacht is typically at least 30 feet long, a superyacht is 80 to 100 feet long, a megayacht is 200 feet and a gigayacht is more than 300 feet long, according to the Portland Press Herald .

The vessel is owned by entertainment mogul David Geffen, the Press Herald reported.

The yacht, named Rising Sun, has 82 rooms, including a gym, wine cellar, spa and movie theater, according to the Press Herald. It can accommodate up to 16 guests and 45 crew members.

Geffen’s gigayacht is the 20th largest in the world, according to the Press Herald.

It’s certainly an eye-catcher at five stories high and 453 feet long.

More articles from the BDN

Las Vegas billionaire has 2 megayachts docked in Maine at once

by Troy R. Bennett, Bangor Daily News

People take in the sights overlooking Portland Harbor on Wednesday Sept. 4. Below them, four superyachts sit tied up at Fore Points Marina. From left are the Lonian, the M&EM, the Hodor and the Sapphire. (Troy R. Bennett / BDN)

PORTLAND, Maine ( BDN ) -- The billionaire owner of a megayacht visiting the Portland Harbor this week is so rich he brought along a second megayacht just to house all his expensive toys.

The second vessel, the 217-foot Hodor, was purposely designed to trail the 285-foot Lonian. The Hodor is likely hauling a crew of 20, five smaller boats, an array of jet skis, and a set of four-wheelers for use on land, according to the website Superyacht Fan. The Hodor can reportedly also accommodate a 6-ton helicopter, though none was spotted Wednesday morning.

  • Also read: Gigayacht spotted in Portland Harbor attracts attention

Both boats, now at Fore Points Marina, are owned by Las Vegas casino tycoon and former Ultimate Fighting Championship CEO Lorenzo Fertitta.

A private, motor-driven pleasure boat longer than 24 meters — or about 80 feet — is usually called a superyacht. But larger vessels over 60 meters — or 196 feet, like Fertitta’s boats — are known as megayachts

Superyacht Fan estimates the Hodor cost $30 million when it was new in 2019 and now costs between $3 million and $5 million to operate and maintain every year. But that astronomical price is a bargain compared to its mothership, the Lonian. The website reckons it was purchased for $160 million in 2018 and costs upwards of $15 million annually.

Fertitta’s pair of ultra-expensive vessels aren’t the only megayachts in town.

Parked at the next slip over is the Cayman Islands-flagged, 242-foot M&EM, which can accommodate 12 guests in six cabins, along with a crew of 19, according to Amels Yachts, the Dutch company which built it in 2022. The M&EM can cruise at 16.5 knots and has a range of about 5,000 nautical miles.

  • Also read: Poisoned trees gave a wealthy couple in Maine a killer ocean view

It isn’t clear who owns the M&EM, but according to Vesselfinder, it arrived in Portland on Sept. 1 after being spotted in Portugal on Aug 25.

Also at Fore Points is the relatively small, 166-foot superyacht Sapphire, built in 2009. According to big-boat broker Denison Yachting, the Sapphire had an extensive retrofit in 2019 and can sleep up to 20 guests in seven staterooms. It’s for sale with an asking price of $15 million.

geffen yacht portland maine

David Geffen's 82-Room Megayacht Docks In Portland, Maine

The picturesque harbor at Portland, Maine hosts a number of luxury cruise ships in the fall months, but rarely does a privately owned vessel of a similar stature grace its waters. Thus when the world's 10th largest yacht, David Geffen's 453-foot long Rising Sun  docked there recently, it caused quite a sensation. The five-story, 82-room yacht took up enough space for several smaller boats at the city's Ocean Gateway International Marine Terminal. Originally commissioned by Oracle billionaire Larry Ellison from Germany's Lürssen shipyard in 2004, the yacht cost about $250 million to build. The Rising Sun features luxe accommodations for 12 people, in addition to 30 crew members, and features a gymnasium, spa, sauna, wine cellar, private cinema and basketball court that converts to a helipad. 

Geffen and Ellison were originally co-owners of the yacht before Geffen took full control of it in 2010. It it is the largest yacht in the world owned by a U.S. citizen. It is not known whether Geffen was on board the yacht when it arrived in Maine, but here's where a few other billionaires docked their yachts recently: 

  • Russian Billionaire Andrey Melnichenko brought the world's "coolest" megayacht — a 390-foot, $400 million vessel designed by Philippe Starck and dubbed the A  — to Auckland, New Zealand.
  • Russian oligarch Roman Abramovich brought the 536-foot  Eclipse , the second largest yacht in the world which cost around $800 million, to the southern Croatian island of Mljet.
  • Microsoft billionaire Paul Allen arrived in Iceland aboard the 414-foot Octopus , the 13th largest yacht and the largest expedition yacht in the world.

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Photos: david geffen's "superyacht" docks in portland harbor.

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geffen yacht portland maine

One of the largest yacht's in the world, owned by David Geffen, was docked in Portland Harbor on Tuesday.

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Geffen is a former record producer and founder of Dreamworks.

Geffen is a former record producer and founder of Dreamworks.

His yacht, the Rising Sun, is listed as one of the largest yachts in the world.

His yacht, the Rising Sun, is listed as one of the largest yachts in the world.

geffen yacht portland maine

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Tenth-largest yacht in world docks in Portland

The Rising Sun, owned by billionaire David Geffen, has 82 rooms and cost more than $200 million to build.

geffen yacht portland maine

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PORTLAND — The 10th-largest yacht in the world is berthed in Portland this week.

The Rising Sun, a five-story, 82-room super yacht owned by billionaire David Geffen, arrived Tuesday morning at the Ocean Gateway International Marine Terminal. The yacht also was in Portland and Bar Harbor last September.

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David Geffen's yacht Rising Sun came into Portland on Tuesday morning.

It is unclear how long the yacht will stay in Portland, said Nicole Clegg, spokeswoman for the city of Portland.

The Rising Sun is 453 feet long and reportedly cost more than $200 million to build. It has an extensive wine cellar, bathrooms with Jacuzzis, a private cinema and a basketball court that doubles as a helicopter landing pad, according to the yacht’s Wikipedia page .

The Rising Sun can accommodate up to 16 guests and 45 crew members, according to Superyachts.com .

The yacht was built for Larry Ellison, the CEO and co-founder of Oracle, an enterprise software company, according to Forbes.com .

Geffen, who bought the yacht from Ellison several years ago, is a record executive and film producer who started DreamWorks Studios with Steven Spielberg and Jeffrey Katzenberg.

Fred E. Gignoux, a Portland-based steamship agent and customs broker established in 1918, is acting as agent for the Rising Sun. Owner Justin Costello could not be reached for comment.

Last year, the Rising Sun was charged $2.10 per linear foot for each day it was berthed in Portland. Clegg said she expects the Rising Sun to be charged about $2,000 per day for berthing and amenities fees while it’s in Portland.

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Q97.9

6th Biggest Yacht in the World Spotted in Harpswell, Maine

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This yacht belongs to David Geffen, the founder of Geffen Records and co-founder of DreamWorks.

Kelly Green-Chartier spotted the luxury yacht off the coast of Harpswell this past weekend.

This little boat, according to the website Super Yacht Fan , has some impressive numbers.

Check these out:

  • Named Rising Sun
  • Built in 2004
  • Cost 200 million
  • 16 guests in 8 cabins
  • Crew of 45 in 30 cabins
  • 6th biggest yacht in the world

Kelly calls seeing this mammoth boat 'surreal'. I can only imagine. But what's it like on the inside? Oprah knows. Sir Paul McCartney knows. Julia Roberts knows. Since I'm sure I'm not on David Geffen's guest list - let's rely on those super yacht fans!

Imagine that you have a 200 million dollar boat and you bring it to Maine. I think that says more about Maine than it does about the big boat. Imagine, we can go out with a 200 dollar kayak because Maine is our home. How lucky are we?

And check out this sweet gallery of another superyacht that has graced our Maine waters:

Hop Aboard The Superyacht Known As 'Kismet'

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David geffen and his megayacht rising sun are still at large.

David Geffen's yacht Rising Sun in 2013

David Geffen may have stopped posting pics from his megayacht after backlash, but that hasn’t stopped others from buzzing about his boat, Rising Sun.

The $590 million yacht was seen this week off the Maine coast.

Two weeks ago, it made a refueling stop in New Bedford, Mass.

The yachting crowd was gearing up for a booming 2020 sailing season. Then the coronavirus happened.

Image: David Geffen's yacht Rising Sun

If you were one of the lucky Americans to own a yacht before the coronavirus shut down the country, you were probably on the water.

In the first three months of the year, the average yacht sailed farther than the year before, according to an NBC News analysis of MarineTraffic boat-location data of 514 U.S.-flagged yachts at least 90 feet long.

For the billionaire David Geffen , that meant sailing around the South Pacific on Rising Sun, his longer-than-a-football-field superyacht, which includes another boat, the Rising Sun Cat, which docks inside. Like-minded superyacht owners followed suit, ditching the perils of sheltering at home — customer limits at grocery stories and trading designer clothes for toilet paper , among other struggles — for life at sea.

But after President Donald Trump declared a national emergency on March 13 , ship travel plummeted. What looked like a big season ahead for the yachting crowd turned anything but as the coronavirus spread, shelter-in-place orders were issued and island coastal borders were tightened.

Superyachts are generally at least 90 feet long, according to several superyacht club managers in Florida. The vessels typically have a paid crew on board and come with multiple bedrooms and lounging areas.

“You know it when you see it,” said Enrique Quintero, the general manager at the superyacht club Prime Marina in Miami.

For superyacht owners, the go-to spots before the national emergency declaration were the Florida Keys, the Bahamas and the Caribbean: paradises that had little-to-no confirmed coronavirus cases and were still mostly open. Yachting season for the region was at its peak for the year, with nearly 65 superyachts stretched throughout the region. After Trump’s declaration, four-fifths of the ships set sail for the U.S. At the same time in 2019, there were three times as many U.S.-flagged yachts in the Caribbean.

As states began to issue stay-at-home orders and the country ground to a halt, the yachting season became less about leisure and more about finding somewhere to shelter in place.

“A lot of people had that idea that, ‘Oh, I'm going to jump on my boat’”

Phil Brassington, a Florida-based shipwright who specializes in long-term sailing equipment, has worked late nights and weekends since February to keep up with increased customer demand. Though some of his customers made it to sea, several puttered out around the Keys, stuck stateside because of travel restrictions . From yacht shipwrights to yacht salesmen, work in the industry has picked up as affluent customers come calling.

“I've been very busy, because as COVID-19 unfolded, a lot of people had that idea that, ‘Oh, I'm going to jump on my boat and leave,’” Brassington, who has lived with his wife and two children on their catamaran for the last few years, said.

geffen yacht portland maine

Covid Tracker These states have the most coronavirus cases. See the day-by-day breakdown.

Among those eager to escape the pandemic was Brian Harmon, 57, a retired restaurateur and chef. As coronavirus case numbers began to ramp up in mid-March, Harmon made plans to leave the mainland on his catamaran, Salty Dreams.

“I was not going to participate in the insanity,” said Harmon, who lives on Florida’s mainland when he’s not sailing. “So I decided that I thought the best way to a quarantine would be to hop aboard Salty Dreams and get off land.”

Image: David Geffen's yacht Rising Sun

Within a week he had built a crew solicited from an online sailing forum and had cast off for the Florida Keys. In the weeks since, he’s spent most of his time fishing, tinkering with the boat and watching “Peaky Blinders”on Netflix when there’s an internet connection. His crew consists of a married couple from upstate New York in it for the experience. The wife, an attorney, works by phone whenever she can and the husband is often away on Harmon’s dinghy exploring.

In mid-April, after a month or so at sea, Harmon was out of groceries and had to turn around as popular islands in the Keys restricted travel. At Key West, the dockmaster held onto Harmon’s driver’s license while he deboarded for an hour to get gas and groceries. At Marathon, he wasn’t allowed to leave his boat at all. The inconsistency and lack of freedom drove him to turn Salty Dreams around for a slow-paced float back to mainland Florida.

Despite droves of boats such as Salty Dreams sailing home, yacht salesmen are keeping busy, according to Michael Costa, a salesman based in California. His company, SeaNet , deals in selling whole yachts and shares of yachts, akin to a timeshare.

In the past few weeks, he’s seen an increase in families drawn to the fractional ownership program, which has a price tag starting at $250,000. Most customers, Costa said, are interested in weekend getaways.

“I think that people are looking at private yachting as a very interesting alternative in this environment,” Costa said. “People are rethinking their vacation trips to Europe or having to travel long distances as it relates to getting on a plane.”

Ports close, add restrictions

Most islands in the Caribbean, such as the Bahamas and the U.S. Virgin Islands have implemented restrictions similar to those in the Florida Keys, allowing few ships out and fewer in. Yachters have been left with two options: shelter-in-place until the waters open or retreat stateside.

The island clusters are gathering spots for a majority of superyachts outside the U.S. After seaports began closing in the Florida Keys in late March, many superyachts set sail toward islands in the Caribbean, which started closing soon after.

Bahamian Prime Minister Hubert Minnis sent in warships from the Royal Bahamas Defense Force in early April to prevent unauthorized ships from traveling the islands without written permission.

For Katie Gasper, 39, who has been living at sea for years with her husband and 11-year-old son aboard a 65-foot yacht, the crackdown meant staying put.

Gasper, a former physician assistant and current stay-at-yacht mom, and her family were in the U.S. Virgin Islands in mid-March, a day after the Islands confirmed its first coronavirus case. If it weren’t for prior docking reservations, the family wouldn’t have been allowed in .The island’s shelter-in-place rules are similar to those stateside: Nonessential businesses have temporarily closed, restaurants are limited to takeout and delivery, and gatherings of more than 10 people are prohibited.

geffen yacht portland maine

COVID TRACKER Map of how many coronavirus cases have been confirmed across the country

They’re still allowed to travel on land throughout St. Thomas, but the limitations have started to bite at their day-to-day schedule. Since March, their typical day isn’t that different than before the pandemic: biking, homeschooling, board games and yoga. Gasper said the most uncomfortable difference is the lack of human contact.

“We don't really hang out with people,” Gasper said. “Drinking at sundown is a really big thing for sailors. We've done it only once in the past three or four weeks with friends of ours that are an older couple. We just sat 6 feet apart from each other on the dock getting drunk.”

The Gaspers are staying put until further notice, postponing a loosely planned trip that would have taken them through the Panama Canal and toward Australia, where Gasper’s husband dreamed of staying for a few months. She said the family feels safer docked in the islands than they would stateside, largely because of the distance between themselves and coronavirus hot spots.

The port they’re docked in, Charlotte Amalie, had been crowded for weeks, Gasper said. But after the island’s social distancing measures went into effect, the superyachts cleared out and headed for Florida’s beaches, which Gov. Ron DeSantis opened portions of two weeks later .

“It was kind of just like business as usual here,” Gasper said. “A lot of the megayachts were coming and going and partying. Now many of the boats are returning to the U.S. prematurely. They're either sailing up there or being shipped on freighters up there. It's emptied out quite a bit.”

COMMENTS

  1. One of the world's biggest yachts is in Maine

    PORTLAND, Maine — Love it or hate it, there was a massive yacht owned by a multibillionaire in Portland Harbor on Wednesday in what's the city's peak tourism season. The Rising Sun, a 450-foot gigayacht owned by billionaire David Geffen, is the 20th largest yacht in the world,

  2. Lavish and looming, gigayacht bobbing in Portland harbor attracts

    The Rising Sun, a five-story, 82-room super yacht owned by billionaire David Geffen docked in Portland on Tuesday. The yacht has a gym, a wine cellar, a spa, a movie theater and can accommodate up ...

  3. Massive yacht turns heads along Portland waterfront

    The so-called giga-yacht is one of the 20 largest yachts in the world. It is 452 feet long, and five stories high with 82 rooms, a spa, a movie theater, a wine cellar and a full-sized basketball ...

  4. Gigayacht spotted in Portland Harbor attracts attention

    PORTLAND (WGME) -- A $400 million gigayacht floating in the Portland Harbor is turning heads. According to the Press Herald, a yacht is typically at least 30 feet long, a superyacht is 80-100 feet ...

  5. Media mogul David Geffen's gigayacht turns heads in Portland

    And this week, David Geffen's massive yacht "Rising Sun" made its way to Maine, where the $400 million vessel has been turning heads and drawing curious onlookers. The 82-room yacht docked ...

  6. Who Owns the $400M 82-Room Gigayacht Floating in This Maine Harbor?

    The Portland Press Herald explained in part that "a yacht is typically at least 30 feet long, a superyacht is 80-100 feet long, a megayacht is 200 feet, and a gigayacht is over 300 feet long.". The yacht, currently docked in Portland Harbor, is a whopping 453 feet in length, WGME reported, and is run by a crew of 45 people and features at least half a dozen decks, has a built-in wine cellar ...

  7. David Geffen's 82-Room Megayacht Docks in Portland, Maine

    Thus when the world's 10th largest yacht, David Geffen's 453-foot. The picturesque harbor at Portland, Maine hosts a number of luxury cruise ships in the fall months, but rarely does a ...

  8. Lavish and looming, gigayacht bobbing in Portland harbor attracts

    PORTLAND PRESS HERALD • August 22, 2023 Rising Sun, a five-story, 82-room, $381 million gigayacht owned by billionaire David Geffen, was docked in Portland on Monday. Geffen is No. 229 on the Bloomberg Billionaires Index with a net worth of $9.14 billion. Rising Sun has a gym, a wine cellar, a spa,

  9. Massive yacht turns heads along Portland waterfront

    But a boat that has been docked in Portland for the last several days is certainly turning some heads. The "Rising Sun" is owned by billionaire media mogul David Geffen. The so-called giga ...

  10. Gigayacht arrives in Portland Harbor

    The gigayacht, owned by music mogul David Geffen, is five stories high and 453 feet long.

  11. Las Vegas billionaire has 2 megayachts docked in Maine at once

    PORTLAND, Maine ... A private, motor-driven pleasure boat longer than 24 meters — or about 80 feet — is usually called a superyacht. But larger vessels over 60 meters — or 196 feet, like ...

  12. David Geffen's 82-Room Megayacht Docks In Portland, Maine

    The picturesque harbor at Portland, Maine hosts a number of luxury cruise ships in the fall months, but rarely does a privately owned vessel of a similar stature grace its waters. Thus when the world's 10th largest yacht, David Geffen's 453-foot long Rising Sun docked there recently, it caused quite a sensation.The five-story, 82-room yacht took up enough space for several smaller boats at the ...

  13. Photos: David Geffen's "superyacht" docks in Portland Harbor

    Slideshow. 9 photos. Advertisement. One of the largest yacht's in the world, owned by David Geffen, was docked in Portland Harbor on Tuesday.

  14. Letter to the editor: Counterpoint on the Geffen gigayacht

    The Aug. 23 front-page article "Lavish and looming, gigayacht bobbing in Portland Harbor attracts curiosity and contempt" was extremely unwelcoming and cold to owner David Geffen, his crew and ...

  15. 453-foot private yacht visits Portland

    PORTLAND, Maine (AP) — One of the world's largest yachts is paying a visit to Maine. The Rising Sun, which arrived Tuesday in Portland Harbor, is 453 feet long and reportedly cost more than $200 million to build. It has 82 rooms, a private cinema, a basketball court that doubles as a helicopter pad and a swimming pool.

  16. One of the world's biggest yachts is in Portland Harbor

    The "gigayacht" is owned by multibillionaire David Geffen, who produced music for legends like Bob Dylan, The Eagles and Dreamworks movies like "Shrek." ... Navigation. News. Back; Local; Crime; Health; 207; Education; Maine Politics; Politics; Nation World; Entertainment; Political Brew; Maine Things To Do ... Two people indicted in connection ...

  17. Tenth-largest yacht in world docks in Portland

    Tenth-largest yacht in world docks in Portland The Rising Sun, owned by billionaire David Geffen, has 82 rooms and cost more than $200 million to build. Posted September 24, 2013

  18. 6th Biggest Yacht in the World Spotted in Harpswell, Maine

    This yacht belongs to David Geffen, the founder of Geffen Records and co-founder of DreamWorks. ... Popular Portland, Maine Arcade-Bar Celebrates 10 Years of Fun and Games. Food Network Says This General Store Has the Best Must-Try Hamburgers in Maine.

  19. Rising Sun : r/portlandme

    Did anyone see this yacht today? Owned by David Geffen - I thought it was a cruise ship! Advertisement Coins. 0 coins. Premium Powerups Explore Gaming. Valheim Genshin ... Talked to two guys driving fuel tankers by the foreside/Portland co area, they were filling an order for 120,000 gallons of fuel to fill the boat. ...

  20. RISING SUN Yacht • David Geffen $400M Superyacht

    The Rising Sun Yacht, initially built for Larry Ellison, is now owned by David Geffen. Built by Lürssen and designed by Jon Bannenberg, this 138-meter yacht is among the largest in the world. It features luxurious amenities like a movie theater, spa, wine cellar, and helicopter landing pad. The yacht can accommodate up to 16 guests, has a crew ...

  21. David Geffen and his megayacht Rising Sun are still at large

    David Geffen and his $590 million megayacht Rising Sun were seen this week off the Maine coast. The $590 million yacht was seen this week off the Maine coast. Primary Menu Sections

  22. r/Maine on Reddit: This is the largest yacht I've seen in the Portland

    This is the largest yacht I've seen in the Portland area. Is Jeff Bezos coming or something?? 😆👀😨📍Cape Elizabeth. Related Topics ... Geffen and his crew of 45 self-isolated in the Grenadines on Rising Sun during the COVID-19 pandemic, which drew some media controversy.

  23. The yachting crowd was gearing up for a booming 2020 sailing season

    David Geffen's yacht Rising Sun at dock in Portland, Maine, in 2013. Gregory Rec / Portland Press Herald/Getty Images file Within a week he had built a crew solicited from an online sailing forum ...