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Bernie Madoff's Rybovich Sportfish "Bull"

Discussion in 'General Sportfish Discussion' started by JWY, Dec 9, 2009.

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  1. JWY

    JWY Senior Member

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    I was aboard Bull yesterday and today with the new owner. The owner is a local businessman who doesn't plan on keeping Bull for personal use.

    The yacht is in as close to perfect condition as they come. Amazing what a million bucks can do for a refit. Federal Marshals had removed most belongings but there were a few items that remained with the vessel: Limoges china in the galley, gold-rimmed bar glasses with hand painted bulls, a bull painting, and a boat flags. The flags of interest were the house flag which is, duh, a bull; a Rybo flag, and 2 well worn fish flags which proved this boat was a fishing machine under previous ownership.

    The owner says he bought the boat to help some of the Madoff investors get restitution.

    Judy Waldman
  2. Capt Bill11

    Capt Bill11 Senior Member

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    "The owner says he bought the boat to help some of the Madoff investors get restitution."

    Interesting. But did he want to help them so much that he payed fair market value? :^)
  3. MBevins

    MBevins Senior Member

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    Well here comes the next obvious question.

    What was the sell price?
  4. Hattsoff

    Hattsoff New Member

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    Hi Judy, that's very interesting. Thanks for sharing. I'm curious as to what he intends to do with it. Charter it? Resell it?

    I hope it doesn't get chartered. That was a beautiful yacht.
  5. JWY

    JWY Senior Member

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    Bull sold at auction for $700,000 and then there were about $50,000 in additional fees. The owner intends to sell the yacht. He's not a sportsfisherman and he wants her in the ownership of someone who will use and appreciate her appropriately.

    She really is a beautiful boat. The Rybo refit should have gotten an award from somewhere. She's tasteful and elegant (well, maybe excluding the bull painting) and has some nice practical features. You can't help but appreciate the yacht and appreciate her build for intended use.

    Judy
  6. T.K.

    T.K. Senior Member

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    Any pictures of Bull.........exterior and interior?
  7. YachtForums

    YachtForums Publisher/Admin

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    Posting these pics on behalf of Judy while she's on a sea trial (aka free boat ride!). Here's a few pics of the Monster Madoff's Rybovich Sportfish "Bull".

    The first pic would be the Bull Butt...

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  8. YachtForums

    YachtForums Publisher/Admin

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    Bull Burgees...

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  9. YachtForums

    YachtForums Publisher/Admin

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    Bull Bunks...

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  10. YachtForums

    YachtForums Publisher/Admin

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    Bull Work...

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  11. YachtForums

    YachtForums Publisher/Admin

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    Bull Bar...

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  12. YachtForums

    YachtForums Publisher/Admin

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    The Ponzi Panel...

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  13. YachtForums

    YachtForums Publisher/Admin

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    And finally, Bull Power...

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  14. Capt Bill11

    Capt Bill11 Senior Member

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    Beautiful! I hope she fishes again real soon.
  15. T.K.

    T.K. Senior Member

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    Looks fine............what's the length?
  16. Yacht News

    Yacht News YF News Editor

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    ...56-feet I think
  17. revdcs

    revdcs Senior Member

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    Was this the only yacht he owned?
  18. Capt Bill11

    Capt Bill11 Senior Member

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    No, there was one other as I recall. In France perhaps.
  19. JWY

    JWY Senior Member

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    Madoff had 3 boats go to auction: Bull, the 55' Rybo; Sitting Bull, 38' 2003 Shelter Island; and Little Bull, 24' Maverick with Yamaha engine.

    The new owner of Bull just told me he is donating the proceeds of the sale to victim restitution.

    Judy
  20. lobo

    lobo Senior Member

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