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Michael Hill’s ‘The Beast’ sold, as boat exports close in on $1b

The tide has come back in for the country’s growing flotilla of yachts and recreational vessels, while former jeweller Michael Hills’ $25m superyacht has been snapped up.

WATCH: Peter Busfield from NZ Marine Industry Association.

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Sir Michael Hills' superyacht, The Beast has sold to an unnamed buyer.

The 39.2-metre locally built 'expedition' catamaran – designed by Auckland's LOMOcean and built in 2019 by boat-builder Profab Central Engineering for the former jeweller – had been placed on the market with Ikonic Yachts

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Brent Melville Sat, 07 Mar 2026
Contact the Writer: bmelville@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Michael Hill’s ‘The Beast’ sold, as boat exports close in on $1b
General Business,
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