The debt-laden baron is seeking a humbler life, without his 95-foot yacht Hiilani.
Already a subscriber?What’s the saying? The two happiest days in a boat owner’s life are the day they buy the boat, and the day they sell it., who’s living an intriguing day-to-day life riding the debt markets, holding off creditors, all the whileJon Adgemis’ private yacht Hiilani: The vessel was once owned by Hollywood star Shirley Temple.
Some of the properties in his Public Hospitality Group have been sold. But in June, Deutsche Bank and New York-headquartered MuzinichThat eases the pressure somewhat. For now. But it doesn’t mean that Adgemis can’t take steps to show things are changing. And that’s where the boat comes in. He owns the 95-foot yacht called Hiilani. But unlike some of the more modern craft doing laps of the harbour, his Hiilani has a distinctly vintage feel. It was once owned by celluloid royaltyNews has reached us that Adgemis is seeking buyers for the yacht, turning to a local dealer to gauge interest. Offloading the yacht is part of the owner’s quest seeking a more humble, less flashy life, apparently. The seafaring elite are hardly affected by the cost-of-living crisis.
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