Sure he’s on “24 hour house arrest” but this is an enterprising (if not terribly inventive) man we’re dealing with. The fact that his yacht, after the jump, is rather modest for an individual of Madoff’s (fake) wealth will serve his plan to make a run for it well (inconspicuousness and whatnot– 56 foot R&S’s are a dime a dozen in the cesspool of Florida powerboating). Also, there is a handicap accessible elevator ready to transport Berns from the bridge to the aft deck, in the event he runs into a former investor on the way to the dock, and busted knee-caps ensue.
First to escape
Wow you found out that he owns a run of the mill power boat.
I must give you credit for taking a non-story and enveloping it with so much additional unimportant and unfunny material.
@3- bernie, seriously, stop commenting on blogs. no good can come of it.
@3- you are a moron.
So, Madoff escape will be a homage to the first and last episodes of Arrested Development?
Sounds about right.
http://www.rybovich.com/RyboReg.aspx
“If you have any updates on any of these Rybovich Boats please feel free to contact the Marketing Department at marketing@rybovich.com“
Can’t he afford a captain? That teak needs work.
Hey Bernie – there’s always a place in Somalia for you and this handsome boat!
too teaky, didn’t oil
does no one else find it funny that the name of the boat is “BULL”? Fitting.
does no one else find it funny that the name of the boat is “BULL”? Fitting.
That chair doesn’t look good for the back, especially when hauling in a fighting 20 lb tuna.
Isn’t that The Stugats?
Bull is probably the best maintained classic sportfish out there. Madoff has owned it for over 30 years and didn’t use it much. Comparing it to current sportfishes it’s actually a very modest boat. You usually don’t finish the teak at the covering boards and cockpit.
@3: “a run of the mill power boat”
Are you serious? A 56 foot Rybo of that era and in the condition that it is in (pristine) is worth $3mm and is a boat that defines Sports Fishing. All wood and handmade in West Palm Beach, the boat is an absolute gem. Beautiful boat and so much more practical than the cruisers you probably think of as good boats.
#15 doesn’t know squat about boats. New a 56 Rybo is not $3MM – maybe $2MM and loses 1/2 it’s value in first year like all boats. It’s not the listing price – it’s the selling price and even Hinckleys are having fire sales. Factor in current market conditions and he would be lucky to get $750M.
BULL is anything but a “run-of-the-mill power boat.” She is in fact a one of a kind masterpiece built for a paraplegic and originally named Apava, hence her cockpit elevator to the flying bridge. I was aboard her at the Rybovich Rendezvous (where the picture was taken) and she is absolutely flawless. I’ve known Bernie most of my life and he has impeccable taste, hence his choice of a Rybovich. She is worth around a million dollars, but he has 3-5 times that much invested in her. Strange and sad that he cared more for her than the people in his life.