The largest privately owned sailing yacht under construction is - Athena, 90m (295’) This three-masted schooner is now under construction at Royal Huisman. Launch date is September of 2004. The largest aluminum private sailing yacht in the world - Felicita West, 64m (210') Built by Perini Navi, to be delivered this spring. The largest private aluminum motoryacht in the world - Aussie Rules, 70m (228') Built by Oceanfast and launched for golf-pro Greg Norman. The largest all-aluminum yacht ever built for a private owner - La Baronessa, 59.4m (195’) Built by Palmer Johnson and launched in November of 1998. The largest yacht built in the United States since 1930 - La Baronessa, 59.4m (195’) Built by Palmer Johnson and launched in November of 1998. The largest private yacht in the world - Octopus (413') Built by HDW for Paul Allen from Microsoft. Update on the largest private yacht in the world - July 2004 Le120 "Rising Sun", 138m. Built for Larry Ellison (Oracle) The largest yacht in the world - Prince Abdul Aziz, 147m (482’) Owned by King Fahd of Saudi Arabia. The largest American-owned megayacht in the world - Limitless, 96m (315') Built by Lurssen in 1997. Owned by Leslie Wexner, founder of The Limited and Victoria's Secret retail clothing stores. The largest sloop in the world - Mirabella V, 75.2m (246’) Built by VT Group plc (formerly Vosper Thorneycroft) The largest custom composite yacht to be built in the U.S. - Osprey, 49.6m (163’) Currently under construction at Delta. The largest composite yacht in the world - Southern Cross III, 181'00" built by Sterling Yacht . The largest production composite yacht - Westport's new 164' Currently under construction at Westport. The largest sailboat currently under construction in the U.S. - Scheherazade, 47.8m (157') Under construction at Hodgdon Yachts in Maine. Launch date: August 2003.