Richard Lambert, senior partner at Burgess, joins NEWS.MC to discuss Monaco’s role in the global superyacht industry and the future of the sector.
Lambert recalls being fascinated by boats as a child and joining Burgess in 2005, a firm founded in 1975 with just three employees, two in Monaco and one in London. He describes the company’s growth, the Monaco Yacht Show as the most impressive event of its kind and the firm’s aim of taking the stress out of buying, building and chartering.
He talks about choosing the right yacht with resale in mind, matching clients with the right boat and broker, the rise in very large transactions, more owners seeing yachting as a bespoke experience rather than a status symbol, and shipyards’ work on efficiency and heat recovery.
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Key moments
- 0:50 A childhood fascination with boats
- 1:40 The early days of Burgess
- 2:30 The Monaco Yacht Show
- 4:11 Buying the right yacht
- 7:50 A changing clientele
- 9:15 Sustainability in shipyards
Watch more conversations with the people shaping the Principality in the Interviews by NEWS.MC playlist.
