Frustrated with waiting for more than 55 days despite making the highest bid for the abandoned Alfa Nero superyacht, billionaire Eric Schmidt has backed out of buying the oligarch’s vessel

Via Charterworld

It would be accurate to say that just like superyacht Alfa Nero’s sailing days are behind her, so are ex-Google CEO Eric Schmidt’s waiting days. The billionaire is finally done with waiting for the Oceanco beauty that made legal troubles her best friend. Fate remains unchanged for the 269-foot vessel abandoned in February 2022 by Russian oligarch Andrew Guryev. Schmidt has backed out of purchasing a superyacht incessantly mired in lawsuits and withdrew his $67.6 million bid. According to Bloomberg, Antigua and Barbuda’s ambassador to the US, Ronald Sanders confirmed the Silicon Valley tycoon withdrew his winning offer made on 16th June 2023 for the luxury vessel several days ago.

Eric Schmidt had been advised by his lawyers against making the payment to Antiguan government for a few days.

“Schmidt, because of the legal wrangling, determined that we could not give him clear title of the ship, ” Sanders said in a Friday interview. “That’s not accurate, because the ship belongs to us, it is owned by the government.” Schmidt lawyers and advisers believe otherwise; in their opinion, any property subject to litigation isn’t free and clear.

Also read -  Ex-Google CEO Eric Schmidt will have to wait longer to take delivery of the $67,000,677 Alfa Nero superyacht as someone has filed claim to the ownership of the abandoned vessel

The 267-foot Alfa Nero, complete with a baby grand piano and a swimming pool that turns into a helipad, would be an excellent asset for any billionaire, but that’s not Eric Schmidt, after all.

The master cabin of Alfa Nero.Via Charterworld

Perhaps the government will iron out the legalities, and Alfa Nero may land in the lap of American billionaire Warren Halle, who has sued the government of Antigua for breach of contract and not letting him take the yacht home per the auction rules.

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