An eye for luxury

06:11, Feb 26 2013
Octopus superyacht
BIG ARRIVAL: Billionaire Paul Allen’s 127-metre superyacht, the Octopus, enters Timaru waters.

Hundreds of people flocked to the Port of Timaru last night to grab a look at the 127-metre superyacht owned by Microsoft billionaire Paul Allen.

The arrival of the Octopus about 7.20pm generated considerable interest as people crammed vantage points, and more flocked to the port after the ship berthed.

The vessel is scheduled to depart Timaru on Monday. There will be no public access to it, but the best viewing location is near the eastern extension of the Timaru port.

The Octopus, which could boast to being the world's largest superyacht when it was built in 2003, can accommodate up to 26 guests and 57 crew members.

It also carries two helicopters, fore and aft, a 20m tender, six smaller boats and two submarines. Its on-board amenities include a swimming pool, basketball court, cinema and recording studio.

A Timaru port pilot confirmed that he had once worked on the vessel, but had signed a 10-year nondisclosure agreement that prevented him from speaking with media about the experience.

Mr Allen is included at No 48 on the Forbes list of the world's billionaires, with a net worth of US$14.2 billion (NZ$17b).

He co-founded Microsoft with Bill Gates in Albuquerque, New Mexico in 1975. He left the company in 1983 and is now a well-known philanthropist.


The Timaru Herald