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16 April 2024

Prince Al Waleed takes Abramovich’s parking spot

World's bigger yacht, Eclipse owned by Russian businessman Roman Abramovitch lies at anchor in Antibes' bay (AFP)

Published
By Staff

Finding a parking space is not just a middle-class phenomenon.

Russian tycoon Roman Abramovich was left looking at his £1billion yacht Eclipse - the largest in the world at 557ft long - as he could not find space to moor his gaint vessel.
Apparently, another super-rich personality - Saudi Prince Al Waleed bin Talal Alsaud - whose own yacht Kingdom KR5 - took the coveted mooring in ‘Millionaire’s Quay’ in Antibes, in the French Riviera.

According to 'Dailymail', the last space in Europe’s biggest yachting harbour simply wasn’t big enough for the two superyachts.

Abramovich’s crew had pleaded to be allowed to moor in the harbour, but were told it would be impossible to ‘squeeze Eclipse in’. It was finally sailed out to sea and left there.

Antibes is the largest yachting harbour in Europe with more than 2,000 moorings - but only one spot big enough for Eclipse.

Abramovich had applied to Antibes council three years ago to build his own pontoon at the villa, but the plans were rejected.

Prince Al Waleed is the world’s 26th richest man with £12.3billion, according to 'Forbes' magazine, while Abramovich is 53rd with a fortune of £8.4bn.

Eclipse with two swimming pools, two helicopter pads, a dedicated disco hall, around 30 cabins, a mini-submarine, and even a missile defence system, has no comparison.

Prince Al Waleed bought the yacht in 1991, and renamed it Kingdom 5KR after his investment company Kingdom Holdings, his lucky number 5 and the initials of two of his children.