PORTLAND PRESS HERALD • August 22, 2023
Rising Sun, a five-story, 82-room, $381 million gigayacht owned by billionaire David Geffen, was docked in Portland on Monday. Geffen is No. 229 on the Bloomberg Billionaires Index with a net worth of $9.14 billion. Rising Sun has a gym, a wine cellar, a spa, a movie theater and can accommodate up to 16 guests and 45 crew members, according to superyachtfan.com. It was built in 2004 by a German shipyard for Oracle Corp. CEO Larry Ellison. Geffen bought it from Ellison in 2010. The Rising Sun’s environmental impact? The diesel engines powering the gigayacht belch an estimated 16,320 tons of carbon-dioxide-equivalent gases into the atmosphere annually, almost 800 times what the average American generates in a year, according to a New York Times report citing the journal Sustainability.