Blackstone chairman Stephen Schwarzman has taken delivery of Destiny, a custom-built 101.2-metre superyacht estimated to be worth around US$400 million, adding one of the world's largest privately owned yachts to his portfolio. The delivery comes despite Schwarzman's well-known preference for wearing colourful Swatch watches costing about US$140 instead of luxury timepieces worth tens of thousands of dollars.
Built by Dutch shipbuilder Feadship, the yacht was previously known as Project 1014 during construction. After several years of development, Destiny has officially entered service and departed the Netherlands. According to Boat International, the vessel made a brief stop in the United Kingdom before continuing towards Gibraltar.
