Jeff Bezos’ 417-Foot Yacht Drops Anchor in Florida

Jeff Bezos’ 417-Foot Yacht Drops Anchor in South Florida amid Move to Miami

The Amazon founder announced his move earlier this month

Updated on November 30, 2023 02:32PM EST

Jeff Bezos has brought his 417-foot-long yacht to Florida!

The Amazon founder's $500-million dollar vessel named Koru dropped anchor in Port Everglades, reports WPLG. Its massive size made it have to be parked next to an oil tanker and alongside other large cargo carriers, per Gizmodo.

Koru is the largest sailing yacht in the world and features a trio of masts and several decks, according to Boat International.

Mandatory Credit: Photo by Guy Fleury/AP/Shutterstock (12789193a) View of a yacht, reportedly being built for Amazon founder Jeff Bezos, on the wharf in Zwijndrecht, near Rotterdam, Netherlands, . A plan to dismantle a historic bridge in the heart of Dutch port city Rotterdam so that the huge yacht can get to the North Sea is unlikely to be plain sailing. Reports this week that the city had already agreed to take apart the recently restored Koningshaven Bridge, known locally as De Hef sparked anger in the city, with one Facebook group set up calling for people to pelt the multimillion dollar yacht with rotten eggs Bridge Spat, Zwijndrecht, Netherlands - 20 Oct 2021 — Aerial view of the luxury 417-foot-long yacht Koru. Guy Fleury/AP/Shutterstock

It was first spotted at sea earlier this year. Its arrival on the southeastern coast comes nearly a month after the entrepreneur, 59, announced that he was relocating to Miami from Seattle. Bezos announced his move in an Instagram post published on Nov. 2.

"I've lived in Seattle longer than I've lived anywhere else and have so many amazing memories here. As exciting as the move is, it's an emotional decision for me. Seattle, you will always have a piece of my heart," he shared in the caption.

Jeff Bezos — Shutterstock;Karwai Tang/WireImage

The post included a clip of Bezos giving a tour of Amazon's first office, which was filmed by his father. He wrote in the post that his parents, along with his fiancée Lauren Sánchez, inspired his move.

"My parents [Miguel and Jacklyn] have always been my biggest supporters," Bezos wrote. "They recently moved back to Miami, the place we lived when I was younger (Miami Palmetto High class of '82 — GO Panthers!) I want to be close to my parents, and Lauren and I love Miami."

Bezos and Sánchez, 53, took their relationship public in January 2019. PEOPLE confirmed that the two are engaged in May. The news came after the two were seen traveling on the yacht during a romantic European getaway.

EXCLUSIVE: Jeff Bezos And Lauren Sanchez Aboard Their Yacht During Cannes Film Festival — Jeff Bezos And Lauren Sánchez are seen on their yacht. AbacaPress / SplashNews.com

Apart from having a wooden sculpture resembling Sánchez, the boat became the couple's preferred method of transportation during their summer travels, including stops in Saint-Tropez and multiple parts of Italy. The yacht was also the location of the couple's engagement party in August.

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After the celebration, an insider told PEOPLE that "they had an amazing time with close friends" and that "they're not planning the wedding yet."

"They're still just enjoying the engagement," the source said.