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/ Home / Editorial / Passion Investments / Wheels, Wings & Water /
Boats & Yachts
Designer Yachts
Michael Verdon
03/01/2004


Gilbert says the price of an interior can add up to 35 percent of the total cost—compared to about 25 percent 20 years ago. Top designers command fees of up to $1 million for a 160-foot yacht. Gilbert notes that this can be money well spent. “These yachts usually take two or three years to build,” he says. “A good designer can save an owner time and money because he is often the point of contact between the owner and the shipyard and can make smart decisions, reigning in the owner when necessary. And certain designers’ names carry a lot of weight in the resale market.”

That was not always the case. Thirty years ago, yacht designers were viewed as little more than glorified interior decorators, earning much less respect—and fewer dollars—than the naval architects designing the hulls. “It was all about the naval architecture and the utilitarian arrangement of space,” says Gilbert. “On the exterior, you had a choice of teak or teak. The fabrics were navy blue or, if you really wanted to be daring, navy blue with white stripes. Nobody thought about the interiors. That was a question of filling in the space between the walls.”

Enter Jon Bannenberg, a designer who injected fresh air into the stodgy world of yachting of the ’60s and ’70s by breaking many of the established ground rules of design. “He figured if you’re spending huge amounts of money for a boat, it should make a statement,” says Gilbert. 

By the time of his death in 2002, Bannenberg and his Burnsall Street studio in London had completed four decades of making statements in the hundreds of yachts they created. Many, like Carinthia V, came to be seen as groundbreaking, floating sculptures; Bannenberg even designed the QE II. Yet, his studio never was pigeonholed into one style of design. That is partly because Bannenberg’s crew brimmed with diverse, creative talent like Donald Starkey, Terence Disdale, Andrew Winch and Tim Heywood, all of them considered among the crème de la crème of today’s yacht designers.

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