August 14, 2009: Don’t be fooled by the old-fashioned look: The 125-footer above is a new yacht, the first new-build Trumpy to be sold in 35 years, in fact. And she’s not alone. There’s a 138-foot sailboat under contract, too – for the same owner.
Thus marks the return of arguably one of the most famous names ever in the yachting world. And in an exclusive interview I had yesterday with both the CEO of Trumpy and the owner of the two yachts, I learned that they are convinced their approaches are reflective of the buyer-centric market we’re currently in.
First, a bit of history. Yacht owners and enthusiasts among you no doubt recognize the Trumpy name. John Trumpy & Sons was responsible for the creation of 450 wood boats starting in the early part of the 20th century, lasting right through to 1974. Notable names ranging from the DuPont family to the Guggenheims and even Chrysler family owned Trumpys, as did actress Josephine Baker and recluse Howard Hughes. Even American Presidents and dignitaries were treated to life aboard a Trumpy: the 104-foot Sequoia, which is still around.
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