$110 million superyacht owned by US billionaire docks at Port Adelaide | 7NEWS

$110 million superyacht owned by us billionaire docks at port adelaide | 7news

A super yacht in Port Adelaide has piqued the locals’ interest, as an American billionaire, Jay Alix, has docked in South Australia.

The superyacht is reported to be worth $110m, and can sleep 12 people.

7NEWS Australia published this video item, entitled “$110 million superyacht owned by US billionaire docks at Port Adelaide | 7NEWS” – below is their description.

It is the stuff dreams are made of – a multimillion-dollar superyacht has docked in Port Adelaide and its arrival has local tongues wagging.

7NEWS Australia YouTube Channel

The superyacht belonging to US billionaire Jay Alix has docked at Port Adelaide. The vessel, which is worth an estimated $110 million, is one of the largest privately-owned yachts in the world. Alix is the founder of a restructuring firm, AlixPartners, that has been involved in some high-profile bankruptcies, including that of Toys “R” Us.

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About This Source - 7NEWS Australia

Seven News is the television news service of the Seven Network and, as of 2016, the highest-rating in Australia. The news service draws upon overseas channels for select international coverage. The network’s Director of News and Current Affairs is Craig McPherson.

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Adelaide is South Australia’s cosmopolitan coastal capital. Its ring of parkland on the River Torrens is home to renowned museums such as the Art Gallery of South Australia, displaying expansive collections including noted Indigenous art, and the South Australian Museum, devoted to natural history. The city’s Adelaide Festival is an annual international arts gathering with spin-offs including fringe and film events.

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AlixPartners is a financial advisory and global consulting firm best known for its work in the turnaround space. Jay Alix founded what became AlixPartners LLP in 1981. The firm has advised on some of the largest Chapter 11 reorganizations including General Motors Co., Kmart, and Enron Corp.

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Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.

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