The Prince Alwaleed bin Talal, owner of 85.7-metre Kingdom 5KR, has said he will donate his $32 billion personal fortune to charity.
The Kingdom 5KR superyacht is a work of art, launched by Benetti in 1980.
It was designed by the legendary Jon Bannennerg and has interiors by Luigi Sturchio.
It was originally built as Nabila for fellow Saudi Adnan Khashoggi, she was one of the largest yachts in the world. She had a starring role as Flying Saucer in the James Bond film Never Say Never Again.