Is the Man at the Center of the 'Wolf of Wall Street' Corruption Scandal Selling His Superyacht?
The 300-foot Equanimity, linked to controversial Malaysian businessman Jho Low and the scene for several celebrity parties, is reportedly docked in Hong Kong and looking for a buyer.
In November, despite international investigators closing in on him, Malaysian businessman Jho Low — now at the center of a $1 billion forfeiture complaint by the Department of Justice — reportedly threw himself a glitteringly audacious birthday party aboard his 300-foot superyacht Equanimity.
Among the guests who attended were Jamie Foxx (a regular at Low's champagne-soaked events) and, according to The Sarawak Report, Kate Upton and South Korean singer Psy, flown in by private jet. The audaciousness was underlined by the positioning of the yacht — sources tell The Hollywood Reporter that it sailed in international waters just off the coast of Malaysia, where Low, who had already fled to Taiwan, would have faced possible arrest.
His birthday festivities are likely to be less glamorous, or at least less yacht-based, this year. The Equanimity recently sailed into Hong Kong and, according to several sources, is now up for sale.
The South China Morning Post reported that Hong Kong-based superyacht brokerage company Northrop & Johnson was overseeing the sale, but declined to comment on its involvement, saying it had a confidentiality agreement with its client who "does not want any publicity."
As for the yacht itself, the Equanimity is said to have cost somewhere in the region of $125-$175 million and was constructed by Dutch boat builder Oceanco. Delivery was made to its owner in June 2014, over four years after Low is alleged to have received the first batch of diverted millions from Malaysia's 1MDB sovereign wealth fund.
With a crew of 28, the yacht can accommodate up to 26 guests with a master suite, three VIP rooms, three doubles and two twin staterooms, with entertainment to be found in its in-house spa, gym, sauna, plunge pool, Turkish bath and beauty salon.
The Equanimity isn't, however, part of the Justice Department's record-breaking corruption asset seizure complaint filed last month, at the heart of which is Low. The DoJ is looking to seize several of Low's properties in the U.S., including a luxury penthouse apartment in Manhattan and a mansion in the Hollywood Hills, which it alleges were bought with 1MDB funds.
And the Equanimity isn't the yacht Low enjoyed with his friends Leonardo DiCaprio and The Wolf of Wall Street producer Riza Aziz (both of whom appear in the DoJ complaint) while at the 2014 soccer World Cup in Brazil. That'd be the 482-foot Topaz, owned by Abu Dhabi royal Sheikh Mansour and reportedly worth some $650 million.
According to The Wall Street Journal, this yacht too is now being looked at by the DoJ, with investigators probing whether its financing had links to others connected to the 1MDB scandal.