$250 Million USD Yacht Visits Us

Over the weekend, Loreto had a visitor that’s hard to miss – the Liva O, a staggering 387 ft long luxury yacht, graced its waters, and whispers say it’s heading to Cabo Bay next. Launched by the renowned Abeking & Rasmussen in 2023, this floating masterpiece is a sight to behold, blending opulence and engineering marvel in equal measure.

With enough lavish space to accommodate 16 guests across 8 plush cabins and a dedicated crew of 25 to cater to every whim, cruising on the Liva O is akin to staying at a moving five-star resort. Capable of zipping through the waves at 21 knots, it’s not just about leisurely sailing; it’s about doing so with unmatched speed and style. Operating this beauty costs a pretty penny, with annual expenses running between $15-25 million USD.

Behind the helm of this extravagant vessel is Stephen Orenstein, a German-American billionaire with a storied business background, including supplying essentials to U.S. Army personnel in Afghanistan through his company, Supreme Group.

If you spot the Liva O making its grand entrance into Cabo Bay, give a friendly wave in Stephen’s direction. It’s not every day you see such a testament to luxury and adventure sailing by.

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Gringo Gazette
The Gringo Gazette is Baja California’s English-language newspaper for expats, travelers, and locals who love the peninsula as much as we do. We cover life, culture, food, wine, and all the good news south of the border—because our motto is simple: No Bad News.
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