James Packer Is Already Selling His 108m Benetti Superyacht For Nearly $300 Million

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Billionaire casino king James Packer has listed his 108-metre (354 foot) Benetti superyacht IJE for sale after just three years of ownership. The listing popped up on the website of superyacht brokers Burgess yesterday with an asking price of €175 million (roughly AU$282 million).

IJE is the longest motor yacht ever built by the Italian shipyard and takes its name from Packer’s three children – Indigo, Jackson and Emmanuelle. It was delivered to the casino magnate in late 2019.

It’s not uncommon in the supply/demand game of luxury superyachts for pre-owned boats to be offloaded shortly after they’re delivered to their owners. Often the waitlists to acquire a brand new yacht are so long that cashed-up buyers who aren’t prepared to wait their turn offer more than the first owner paid for the commission.

You’d suspect, however, for these transactions to occur in private, which isn’t what we’ve seen overnight with Burgess and the listing of IJE.

IJE Superyacht for sale

The yacht can accommodate up to 22 guests across her 3,600 GT interior and features a gym, cinema, day club, salon and spa. The owner’s quarters include a massive freestanding bathtub and an office.

Up top, there are more than 1,000-square metres of outdoor space which includes a large fire pit on the bridge deck as well as an alfresco dining area and a huge grand dining table on the main deck.

Two custom 14-metre tenders are stored on her foredeck along with eight jet skis, and two fold-out terraces sit above the waterline to allow for a full-beam beach club from port to starboard. Twin MTU engines can send her to a top speed of 18.5 knots across a range of 6500 nautical miles. Interestingly, while cruising, IJE is powered by an entirely electric propulsion system.

IJE will be on display at the Monaco Yacht Show, which will run from September 22nd-25th.

Now, read about the outrageous billionaire antics of the iconic Kerry Packer, who loved to spend as frivolously as his son.

IJE Superyacht for sale
IJE Superyacht for sale
IJE Superyacht for sale