BAR HARBOR, Maine — One of the largest private yachts in the world has been anchored off the local waterfront for several days and is expected to be around for another day or two, according to local officials.

The Rising Sun, owned by recording and film executive David Geffen of Malibu, Calif., is more than 450 feet long. According to Forbes magazine, Geffen has an estimated net worth of $5.6 billion and is ranked the 57th richest person in the United States.

Rising Sun reportedly was built for Oracle CEO Larry Ellison in 2004 by Lurssen Yachts, a private family-owned shipyard in Bremen-Vegesack, Germany. According to the website, Rising Sun can carry up to 16 guests and 45 crew members. The boat has a top speed of 28 knots or 32 mph.

According to Wikipedia, Rising Sun is the 10th largest motor yacht in the world.

Charlie Phippen, Bar Harbor’s harbormaster, said Saturday that the boat has been anchored off Eden Street, in Frenchman Bay in front of College of the Atlantic and several seasonal hotels, because the other anchorages in the bay have been occupied by cruise ships. Rising Sun is too large to tie up to the municipal pier or its attached floats, he said.

Aside from cruise ships, Bar Harbor usually gets a steady stream of private yachts all summer long, most of which tie up at the town pier or at local hotel marinas, according to the harbormaster. Private yachts that don’t tie up to local piers usually are anchored in the harbor or bay for privacy reasons or because they are too big to navigate the inner harbor, he said.

Other notable yachts have appeared in Bar Harbor in recent years. In 2006, The Floridian, a 228-foot yacht owned by billionaire H. Wayne Huizenga, anchored off Bar Harbor. In September 2011, the Mirabella V, a sloop with a mast 290 feet tall, anchored in Frenchman Bay.

Also off Mount Desert Island, Rebecca, a 139-foot yacht owned by Texas billionaire Charles Butt, has made multiple recent summertime appearances in the mouth of Somes Sound. Butt owns a summer home nearby in the Mount Desert village of Northeast Harbor.

Follow BDN reporter Bill Trotter on Twitter at @billtrotter.

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Bill Trotter

A news reporter in coastal Maine for more than 20 years, Bill Trotter writes about how the Atlantic Ocean and the state's iconic coastline help to shape the lives of coastal Maine residents and visitors....