Ted Waitt Yacht Overview
Ted Waitt is the co-founder of Gateway, Inc., a technology company he started in 1985. His estimated net worth is around $400 million according to public financial disclosures and Forbes listings. The Ted Waitt yacht reflects this wealth through its size, design, and onboard features.
The vessel is registered in the United States and operates under standard U.S. Coast Guard regulations for private yachts. Details about the yacht's length, beam, and tonnage are available through maritime databases and SEC filings when related to corporate disclosures. The yacht serves primarily as a private recreational craft, with no regular commercial passenger service reported.
Ownership and Corporate Structure
Ted Waitt holds direct ownership stakes in the yacht through entities tied to his personal investment portfolio. The structure often involves limited liability companies that manage high-value assets, a common approach for U.S. based entrepreneurs. Gateway, Inc., which he co-founded, remains a reference point for his career in the personal computer industry.
Public records show the yacht is not listed on any major stock exchange or public investment fund portfolio. Ownership details are maintained through private trusts and corporate vehicles. For background on Ted Waitt's business history, the Gateway brand history is documented by the company's public archives Forbes.
Technical Specifications and Features
The yacht includes modern navigation systems, stabilizers for open-water comfort, and accommodations for extended voyages. Specific technical data such as horsepower, fuel capacity, and cruising range are not publicly disclosed in full detail. The design emphasizes luxury and privacy, consistent with vessels in this class.
Maintenance and operation are handled by a professional crew under standard maritime safety protocols. The vessel complies with international maritime safety conventions where applicable. Additional information on large yacht classification can be found through the National Maritime Center U.S. Coast Guard National Maritime Center.