WorldEuropeBillionairesHedge fund billionaire’s $569m superyacht likely to draw scrutinyLuke Barr and James WarringtonJun 12, 2026 – 4.09pmLondon | Billionaire hedge fund tycoon Stephen Schwarzman has bought one of the world’s most expensive superyachts.The Blackstone boss paid $US400 million ($569 million) to become the new owner of a 101-metre superyacht called Project 1014.The Telegraph LondonSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In EuropeFetching latest articlesMost Viewed In World