Creole, the Gucci family's iconic $21 million sailing yacht, renowned for its timeless elegance, is getting a makeover in Palma. Almost 100 years old and having changed owners six times, it is still the world's largest sailboat made of wood.

The historic schooner of the Gucci family, Creole, a celebrity in its own right, has been spotted undergoing its annual refits at the STP shipyards in Palma de Mallorca’s port. This 213-foot sailing yacht, once owned by Maurizio Gucci, the last heir of the Italian fashion empire, was purchased in 1983. Following an extensive six-year restoration, Maurizio spent a fortune bringing the black-hulled beauty back to life.

While Maurizio tragically passed away, the sailboat, believed to be one of the largest wooden yachts ever built, continues to captivate yachting enthusiasts year after year. Valued at nearly $21 million, the yacht can be rented for $235,000 a week and costs Maurizio’s daughter, Allegra Gucci, at least $2 million annually to maintain.

The vessel, launched in 1927, has changed hands six times but thrives today under the devoted stewardship of Allegra, who inherited her father’s labor of love. Originally named Vira, it was built by Camper & Nicholsons for Alexander Smith Cochran, a U.S. carpet magnate.

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However, Creole is best remembered as a symbol of the Gucci family’s extravagant lifestyle. When it came into Maurizio’s possession, it was far from luxurious, a dilapidated wreck in need of rescue. Thanks to Maurizio’s meticulous restoration efforts, the nearly century-old ship was transformed into a floating masterpiece, showcasing his passion and the brand’s iconic sophistication.

Built from composite materials with double teak planking and painted in its distinctive black hue, Creole was designed for elegance and durability. It hosted elite gatherings and luxury cruises, becoming a hallmark of refined living. The interiors, crafted by renowned designers Alberto Pinto, Toto Russo, Sergio Bassi, and Giorgetti & Magrini, feature antique furnishings and custom-made details that reflect Gucci’s unmatched taste.

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With a gross tonnage of 434 GT, Creole accommodates up to eight guests in four staterooms and is attended by a dedicated crew of 16. The yacht boasts a top speed of 14 knots and a cruising speed of 10 knots and is powered by two MTU diesel engines. Today, the jewel of the Gucci empire is preparing for another season of opulence, offering itself as a retreat for those with deep pockets.

Allegra Gucci, who oversees its upkeep, has said, “It’s like running a small industry. A boat like Creole, built with composite materials and double teak, needs constant maintenance. Every year, we take her out of the water for checks. Black paint isn’t ideal for wooden boats, but Creole was born this way, and we want to honor her legacy.”