JR Ridinger's $51M superyacht sinks gas tanker off the Bahamas

Retail tycoon JR Ridinger’s $51M super yacht SINKS gas tanker off the coast of the Bahamas after ramming it and piercing its hull

  • A yacht belonging to Market America and Shop.com CEO JR Ridinger collided with a gas tanker off the coast of the Bahamas on Christmas Eve
  • The 207-foot Utopia IV rammed in to the 160-foot Tropic Breeze tanker, causing it to sink 2,000 piedi
  • The tanker, which was headed toward Great Stirrup Cay, was carrying two Guyanese nationals and several crew; All were rescued by a passing yacht
  • Due to the depth of the ocean at the location of the sinking – 15 miles NNW of New Providenceofficials determined that the tanker cannot be safely salvaged
  • It is unclear if Ridinger was onboard the boat at the time of the crash or if he will face any criminal charges
  • A $51million superyacht owned by retail and internet marketing tycoon JR Ridinger sank a 160-foot gas tanker near the Bahamas on Natale vigilia.

    Ridinger’s 207-foot Utopia IV rammed the Tropic Breeze tanker, piercing its hull and causing it sink an estimated 2,000 piedi, according to multiple reports.

    Photos of the collision show the Tropic Breeze falling towards the ocean floor.

    The tanker crew members were seen getting into life boats after a another passing superyacht, called Amara, aided in their rescue.

    It is unclear if Ridinger, the 65-year-old CEO of Market America and Shop.com, was aboard the boat at the time of the crash or if he will face any criminal charges.

    JR Ridinger's 207-foot Utopia IV rammed the 160-foot Tropic Breeze gas tanker, piercing its hull and causing it sink an estimated 2,000 feet shortly after 10pm on Christmas Eve. Photos show the Utopia apparently on fire while the Tropic Breeze falls towards the ocean floor

    JR Ridinger’s 207-foot Utopia IV rammed the 160-foot Tropic Breeze gas tanker, piercing its hull and causing it sink an estimated 2,000 feet shortly after 10pm on Christmas Eve. Photos show the Utopia apparently on fire while the Tropic Breeze falls towards the ocean floor

    The tanker crew members were seen getting into life boats after a another passing superyacht, called Amara, aided in their rescue

    The tanker crew members were seen getting into life boats after a another passing superyacht, called Amara, aided in their rescue

    The Tropic Breeze, which was en route to Great Stirrup Cay, sank at approximately 10.03pm on December 14, di 15 miles NNW of New Providence Island

    The Tropic Breeze, which was en route to Great Stirrup Cay, sank at approximately 10.03pm on December 14, di 15 miles NNW of New Providence Island

    The Tropic Breeze, which was en route to Great Stirrup Cay, sank at approximately 10.03pm on December 14, di 15 miles NNW of New Providence Island.

    It is unclear at what speed the Utopia was traveling when it struck the tanker.

    The vessel was reportedly carrying two Guyanese nationalschief engineer Colin Ward and Joshua Campbell – chi, like all crew members were evacuated from the tanker and rescued.

    ‘Due to the depth of the ocean at the location of the sinking, it has been determined that the tanker cannot be safely salvaged,’ Tropic Breeze owner Maritime Management confirmed to local Caribbean National Weekly.

    però, the company notes the ship’s cargo included ‘non-persistent materialswhich were all ‘lighter than water and will evaporate if exposed to surface air.

    It is unclear if Ridinger (pictured with his wife Loren earlier this month), the 65-year-old CEO of Market America and Shop.com, was aboard the boat at the time of the crash or if he will face any criminal charges

    It is unclear if Ridinger (pictured with his wife Loren earlier this month), the 65-year-old CEO of Market America and Shop.com, was aboard the boat at the time of the crash or if he will face any criminal charges

    Nella foto: Ridinger's superyacht, the Utopia IV

    Nella foto: Ridinger’s superyacht, the Utopia IV

    The Tropic Breeze, which is registered in Belize, was inspected earlier in December and ‘found by the authorities to be fully compliant with all national and international safety and vessel integrity standards’.

    The Bahamas Ministry of Transport has launched an investigation into the collision and consulted the Attorney General for guidance.

    The Department of Environmental Health is also reviewing the environmental impact of the incident.

    Federal officials will provide an update pending the results of the investigations.

    Nel frattempo, the extent of damage caused to the Utopiawhich was designed and built by Italy’s Rossinavi in 2018 – remains unknown.

    The superyacht, which sleeps 12, features four Rolls Royce hydro jets offering a top speed of 33 knots and an average cruising speed of 26 nodi.

    The Tropic Breeze, which is registered in Belize, was inspected earlier in December and 'found by the authorities to be fully compliant with all national and international safety and vessel integrity standards'

    The Tropic Breeze, which is registered in Belize, was inspected earlier in December and ‘found by the authorities to be fully compliant with all national and international safety and vessel integrity standards

    Due to the depth of the ocean at the location of the sinking, it has been determined that the tanker cannot be safely salvaged. A boat believed to be the Utopia is pictured in the aftermath of the accident

    Due to the depth of the ocean at the location of the sinking, it has been determined that the tanker cannot be safely salvaged. A boat believed to be the Utopia is pictured in the aftermath of the accident

    The interior was decorated with luxury brands like Hermes and Armani. The ship also has a glass-bottomed pool and jacuzzi in the owner’s suite.

    Ridinger’s wife, Loren, 53, conducted a video tour of the boat in June 2018, likely shortly after they obtained the vessel, which replaced their previous yacht, Utopia III.

    While she touted the boat’s features, Loren noted: ‘Most important thing is it’s really a family boat, a Market America boat, a Shop.com boatthis boat was built with love.

    ‘We’ve spent a tremendous amount of time putting this thing together from the heart.

    La famiglia, worth an estimated $300m, is said to be travel on their yachts frequently. Infatti, nel mese di luglio 2020, when the Ridingers put their West Chelsea Manhattan duplex on the market Loren told the New York Post: ‘We’ve always been avid yachters so having our yacht across the street was super convenient.

    The superyacht, which sleeps 12, features four Rolls Royce hydro jets offering a top speed of 33 knots and an average cruising speed of 26 nodi (Nella foto: Loren Ridinger in 2018 offering a tour of the boat)

    The superyacht, which sleeps 12, features four Rolls Royce hydro jets offering a top speed of 33 knots and an average cruising speed of 26 nodi (Nella foto: Loren Ridinger in 2018 offering a tour of the boat)

    The interior was decorated with luxury brands like Hermes and Armani. The ship also has a glass-bottomed pool and jacuzzi in the owner's suite

    The interior was decorated with luxury brands like Hermes and Armani. The ship also has a glass-bottomed pool and jacuzzi in the owner’s suite

    Nella foto: A bedroom on the Utopia IV

    Nella foto: A bedroom on the Utopia IV

    Nella foto: An exterior deck on the Utopia IV

    Nella foto: An exterior deck on the Utopia IV

    Ridinger, whose net worth is approximately $300million, secondo Celebrity Net Worth, and Loren co-founded Market America and Shop.com in 1992.

    Market America, which runs Shop.com, has done more than $1 billion in sales by helping companies launch products.

    Ridinger, as of February, was said to be the richest man in network marketing.

    One of his firms recently purchased a $18.5million penthouse in the One Thousand Museum, a luxury condominium complex in Miami, South Florida Business Journal reported about two weeks ago.

    The condo totals 9,200 square feet and features five bedrooms, six-and-a-half bathrooms and 1,020 square feet of terraces.

    Building amenities include a pool deck, spa, sauna, steam room, beauty salon, fitness center, helipad and massive sky lounge.

    Ridinger (pictured in one of his Business Strategy videos), whose net worth is approximately $300million, and Loren co-founded Market America and Shop.com in 1992. As of February, he was said to be the richest man in network marketing

    Ridinger (pictured in one of his Business Strategy videos), whose net worth is approximately $300million, and Loren co-founded Market America and Shop.com in 1992. As of February, he was said to be the richest man in network marketing

    One of Ridinger's firms recently purchased a $18.5million penthouse in the One Thousand Museum, a luxury condominium complex in Miami (nella foto)

    One of Ridinger’s firms recently purchased a $18.5million penthouse in the One Thousand Museum, a luxury condominium complex in Miami (nella foto)

    The Ridingers' purchase was the second-highest transaction in the complex (Nella foto: A unit to similar to the one owned by the Ridingers)

    The Ridingerspurchase was the second-highest transaction in the complex (Nella foto: A unit to similar to the one owned by the Ridingers)

    The Ridingerspurchase was the second-highest transaction in the complex, with the first being the purchase of a $19.8million penthouse purchased by soccer superstar David Beckham and his wife, fashion designer and former Spice Girl, Victoria Beckham.

    While his Market America biography says he resides in Miami Beach, the Ridingers likely have additional properties.

    It is known that they previously owned homes in New York City and their businesses are headquartered in Greensboro, North Carolina and Monterey, California.

    The couple also share two daughters, Ambra, 29, and Amanda, whose age is unknown.

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