Its price tag is around €70 million.
The Madame Kate yacht, an imposing vessel just over 60 metres long, is currently sailing in Ibiza’s waters. Built by the renowned Dutch shipyard Amels and delivered in 2015 after a refit in 2023, it stands out for its pearlescent paint finish, a bow in the style of a scimitar, inspired by the shape of a curved sword, and customisable lighting details that provide a sophisticated visual angle, especially at night.
In fact, its exterior finish is unusual for this type of vessel; it has a special paintwork that reflects light with a different shine, allowing the yacht to look different depending on the time of day and the intensity of the sun.
The owner of Madame Kate is Brazilian tycoon Alexandre Grendene Bartelle, co-founder of Grendene, one of the world’s largest manufacturers of synthetic footwear, together with his twin brother. Interestingly, the company produces more than 250 million pairs of shoes per year and has almost fifteen factories in Brazil. What’s more, Grendene pioneered the mass production of affordable plastic sandals, revolutionising the Brazilian and global market.
Features and price of the boat
This impressive mega yacht can accommodate up to 12 guests in six cabins and has a crew of 17. In addition, it has several common spaces and social areas designed for the comfort and luxury of its passengers. These include a beach club, a gym and a large entertainment area, which includes high-end audiovisual systems, an on-board cinema and spaces for recreational activities.
Its price is estimated to be around €70 million. Its annual operating costs are around €7 million, including maintenance, fuel, crew, insurance, mooring and other services associated with the operation of a luxury superyacht such as the Madame Kate.
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