Malcolm Forbes

Malcolm Forbes' Nautical Collections Up for Auction

Last month antique toys from the collection of the late Malcolm Forbes fetched $2.3 million at Sotheby's. Now on Jan. 29–30 Georgia's Red Baron antiques is staging its own sale of ship models, important nautical art and maritime collectibles from the tycoon's vaults. The Forbes offerings include the largest private fleet of ship models ever assembled and total sales could hit seven figures as well. Some of the most impressive ship models include a 14.5-ft. long full-hull rigged builder's model of the British twin-screw steamship Orontes, built by England's Vickers & Armstrong and first launched in Feb. 1929; a 12-ft. builder's model of the British twin-screw passenger liner Rangitiki, built in 1929 by John Brown & Co. of Scotland; and an original Royal Yacht model depicting the sailing ship Britannia, first launched in 1893. 400 paintings, several statues, and an antique diver's helmet round out the offerings.

Gallery: Malcolm Forbes Nautical Collection

Tags: antiques, Forbes, Malcolm Forbes, model ship, nautical, steamship, toys, yacht

The Historic Malcolm Forbes Jackson Hole Ranch for Sale

by Susan Kime (RSS feed) —

Filed under: Estates

Eighty-five acres of Malcolm Forbes's historic ranch have been listed for $12 million. The website for this listing is www.forbesjacksonholeranch.com, and the listing agent is David Viehman with Jackson Hole Real Estate Associates and Christies Great Estates.

The daughter of the former Forbes Magazine publisher, Moira Mumma, is selling the 85 acres but will keep a parcel near the property, Viehman said. She is selling the property because she doesn't need so much space, the Realtor said. "There are 20 some odd beds at the main compound," Viehman said. "The property was part of the original Jackson Hole Ranch. It borders Grand Teton National Park, and the Snake River runs through it. The Forbes listing is one of the few large land offerings along the river that has not been protected with a conservation easement."

The property is being sold as one parcel, divided into two tracts. One of the oldest structures on the property is an historic barn, over 1600 square feet, dating to 1918. A 4,100-square-foot main lodge includes an original homestead cabin, while a main room and gallery date to the 1940s. The main lodge, renovated in 1980, includes five bedrooms, four bathrooms, a recreation room and private sitting room. In addition, five guest cabins, ranging from 410 to over 800 square feet, offer another 10 bedrooms There is also a three bedroom caretaker's house. The modern kitchen and master suite were designed by well-known local designer Bobs Koedt.

The family ties to the Teton Valley date back more than 80 years to Forbes' wife, Roberta Remsen Laidlaw . In 1928, Laidlaw began visiting the valley with her parents when she was a child. After she married Malcolm Forbes, the couple honeymooned here, and Roberta insisted on returning often. "My mother, before her death in 1992, spent six months a year at the ranch," Mumma said recently. "She loved the valley more than anything on earth, and we were the lucky beneficiaries of that love."

This referral was generously suggested by Luxury Real Estate.Com, and the images were taken by Mack Mendenhall.

Gallery: Forbes Ranch

Tags: estate of the day, Forbes Jackson Hole Ranch, Forbes Ranch, Grand Teton National Park, jackson Hole, Jackson Hole Ranch, Malcolm Forbes, Wyoming, wyoming real estate

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Feadship Launches Largest Yacht Ever - For Paul Allen?

by Jared Paul Stern (RSS feed) —

Filed under: Yachts & Sailing, Wealth

Dutch shipyard Feadship builds some of the world's most coveted superyachts; in addition to Russian oligarch Roman Abramovich's Ecstesea, the likes of Malcolm Forbes, Paul Allen and King Khalid of Saudi Arabia all commissioned luxurious vessels from them. Now the shipyard has launched its newest, largest and most expensive superyacht ever, the 288-ft. Musashi (above) built for an unnamed billionaire, leading to speculation that one of the boldfaced names on its client roster decided it was time for an upgrade. Our money is on Paul Allen, who recently listed his 303-ft. superyacht Tatoosh for sale at $160 million meaning he's probably in the market for a replacement (he still has the Octopus).

The Musashi's massive steel hull was constructed by Feadship's dedicated hull-building facility in Papendrecht, Netherlands, and was delivered to Makkum for outfitting. Her quadruple MTU 16V 4000 M90 marine diesel engines kick out a combined 14,600 hp, though the shipyard has not released any performance specs. The Musashi's naval architecture and exterior design were created by Feadship's own De Voogt Naval Architects, while the luxe interiors including an enormous master suite were done by the Netherlands' Sinot Yacht Design.

Tags: billionaire, Dutch, Feadship, Malcolm Forbes, Netherlands, Paul Allen, Roman Abramovich, Saudi Arabia, superyacht, yacht