Aboard The $250 Million Superyacht ‘Amadea’ With The World’s Youngest Real Estate Billionaire

It’s two days before the Monaco Grand Prix in early June, and Abbas Sajwani emerges from a golden elevator onto the main deck of his 348-foot superyacht, Amadea, in a white linen shirt and gray pants. He’s anchored the vessel—which he bought from the U.S. government at a secret auction last September, after it was seized from alleged Russian oligarch Suleiman Kerimov three years earlier—just off the coast of the postcard-sized principality, as many billionaires do during the summer. Walking past the intricately inlaid teak walls, a bar carved out of marble from the Greek island of Thassos and a hand-painted baby grand piano—custom-made for the yacht by centuries-old, Paris-based piano maker Pleyel—he sits on a cream-colored couch, framed by the Mediterranean and the Monaco skyline. But the 27-year-old Dubai real estate scion is eager to talk about his real estate firm AHS Properties’ latest acquisition. “We bought the Shangri-La [Dubai] at the end of May for $300 million,” he says, adjusting his rimless glasses. “That shows you my personal conviction and faith in the Dubai market.” By Giacomo Tognini Deputy Editor Learn more about your ad choices. Visit megaphone.fm/adchoices