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Tim Hortons Billionaire Ron Joyce Looks to Sell his Yacht for $19.95 Million

Yachts
Tim Hortons Billionaire Ron Joyce Looks to Sell his Yacht for $19.95 Million

Tim Horton owner and billionaire Ron Joyce is selling his Destination Fox Harb’r Too yacht for $19.95 million via Fort Lauderdale-based yacht brokers Northrop and Johnson.

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Docked at his golf course resort at Fox Harb’r in Nova Scotia, the ride is a 49-meter luxury super yacht he bought for $30 million in 2008. It boasts of 2,000 horsepower, a cruising speed of 17 knots (about 19.5 mph or 31.5 km/h) and a range of about 2,500 nautical miles. It also comes with 10 full time crews and a resident chef. It was built by Trinity Yachts in Gulfport, Miss. and is dubbed “the poshest craft to ever sail into Hamilton Harbour.”

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The 82-year-old Canadian coffee and doughnuts billionaire, who is worth $1.2 billion, said he is selling the yacht because he “got tired of it.” He also possessed yachts in the past but decided to sell them, too.

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The yacht has been up for sale for two years already, with the first price at $29.5 million, then lowered to $24.9 million and was cut until it reached $19.95 million. It is also for rent for $230, 000 per week for charter vacations.

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