Photos have revealed a billionaire Wiltshire mansion owner’s new superyacht – one of the world’s most expensive.
According to reporting in The Telegraph , Steve Schwarzman, chief executive of private equity behemoth Blackstone and owner of Wiltshire estate Conholt Park, paid $400m for superyacht Project 1014.
The 332ft vessel was designed by British engineering firm RWD, and has been in construction since 2023, and recently started sea trials.
According to Dutch shipyard Feadship, Project 1014 arrived at its northernmost yard in November 2024 and was transformed into a finished superyacht under the watchful eyes of the yard’s director, Sijbrand de Vries, and a team of 450 employees.
Commenting on the design, a spokesperson for the shipyard said: "Light and water play across the deep navy hull, while subtle bronze detailing adds warmth and refinement. The interior is a collaboration between RWD and the Paris-based studio Chahan Design. Naval architecture was developed by Azure Yacht Design & Naval Architecture."
As previously reported, the financier has been carrying out an extensive refurbishment at Conholt Park after buying the estate for £80 million in 2022, with the main project was completed last September.
As well as running one of the world’s largest investment funds, which has more than $1.3tn in assets under management, Mr Schwarzman has sought to advance his philanthropic endeavours in recent years.
The Telegraph has reported that the purchase of the superyacht could attract scrutiny over his environmental credentials.
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Oxfam has estimated that the average superyacht emits 5,672 tonnes of carbon a year, a total that would take the average person 860 years to match.
News of the purchase of the boat comes after Mr Schwarzman had previously been involved in a dispute over his Wiltshire property.
As part of his plans for the future of the 2,100-acre Conholt Park estate, he had an application approved last year to build a large lake for habitat creation in the parklands, along with a range of other additions.
According to reporting in The Mail on Sunday last year, Mr Schwarzman’s neighbours had claimed he has since started filling this lake using a borehole to extract groundwater in the area.
A spokesperson for Mr Schwarzman denied these reports, telling the national paper the claims were “false”, and the lake remains only 27 per cent full. The spokesperson pointed to planning documents that explain the lake will be filled ‘through rainfall and a drainage system’.
They added: “The lake was installed under full compliance with planning regulations to ensure local residents’ water supply would remain unaffected.
“Groundwater extraction is not being used to fill the lake.”
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