J.R. and Loren Ridinger Purchase a Luxury Rossinavi Megayacht

Photo Credit: Rossinavi

Miami Beach’s internet marketing sensations J.R. and Loren Ridinger kicked off the Fort Lauderdale International Boat Show in style by buying a massive yacht from Rossinavi, the Italian boat show exhibitor.

The couple behind Market America says this is their biggest yacht purchase yet. The Vector yacht is still under construction.

The luxury yacht runs 203.41 feet long and features an Art Deco interior, reminiscent of Miami Beach.

The master suite contains a private Jacuzzi. Five other guest staterooms, two outdoor swimming pools and a terrace with panoramic views through floor-to-ceiling windows fill out the three decks. The layout includes six cabins for a maximum of 12 guests, plus crew accommodation for 13. Interior styling comes from Enrico Gobbi at Team 4 Design.

Photo Credit: Rossanovi

Rossinavi calls it “the perfect compromise between a tri-deck motor yacht and a pure speed boat.”

The Vector uses four 2,600-horsepower engines to cruise at speeds of 12 to 28 knots.

The Ridingers didn’t reveal the sale price, but the Miami Herald reports that a smaller 158-foot boat from Rossinavi is on the market for $27 million. Haute Living estimates the price tag to be $65 million with all the customized finishes.

The couple plans to sell their 151-foot Trinity Utopia III to make space for newly built Utopia 4.

Expect to spot the Ridingers cruising around Miami Beach in the new luxury yacht in 2018, when she’s delivered.

J.R. Ridinger says that the yacht will be “ideally suited for shallow water navigation needed around Miami Beach, where she’ll live.”

Loren and J.R. co-founded internet retailing giant Market America in 1992 in Greensboro, North Carolina, which still serves as the company’s headquarters. Twice a year, they host 25,000 people at empowerment conferences in Miami.

Loren Ridinger also founded the award-winning cosmetics line Motives, her first line, as well as the personal care line Fixx and the jewelry collection Loren Jewels. Loren Ridinger blogs regularly on www.LorensWorld.com, named one of Forbes’ Top 100 websites for women, and her fashion blog, www.MyFashionCents.com.