# An African Billionaire Is Building a Monaco Based Superyacht Venture With 200 Million Dollars

> Prateek Suri, chief executive of Maser Group and among Africa's youngest billionaires, has secured 200 million dollars from Chia Ventures to build a Monaco based venture designing bespoke superyachts.

- Source: Monaco Day
- Canonical URL: https://monacoday.com/en/article/prateek-suri-monaco-yacht-empire-200-million
- Author: Camille Rousseau
- Section: Yachting
- Published: 2026-08-10T09:30:00.000Z
- Updated: 2026-08-10T09:30:00.000Z
- Tags: Prateek Suri, Maser Group, Superyachts
- French edition: https://monacoday.com/article/prateek-suri-monaco-yacht-empire-200-million

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Prateek Suri, chief executive of Maser Group and known as one of Africa's youngest billionaires, has secured 200 million dollars in funding from Chia Ventures to anchor a new luxury yacht venture based in Monaco. The money flows through MDR Investments, a subsidiary of Maser Group, into an entity built specifically to design, build and sell bespoke superyachts for an ultra high net worth clientele, giving Suri a foothold in an industry Monaco has spent more than a century positioning itself at the center of.

Suri's own background sits some distance from Port Hercule. He built his fortune primarily in Africa's mining and technology sectors, and is widely described as the richest Indian in Africa, a profile that makes the Monaco venture as much a statement of arrival in European luxury as a straightforward business expansion. His existing portfolio already includes a billion dollar electronics brand, private yachts, luxury property and a personal island, giving the new venture a founder whose own habits already match the clientele it intends to sell to.

The vessels themselves are described as merging cutting edge marine technology with handcrafted African artistry and opulent interiors, alongside an explicit sustainability commitment, a combination that reads as a deliberate point of difference from the European and Middle Eastern design houses that dominate the superyacht order books most Monaco brokers already work from. Whether that specific pairing, African craft traditions applied to a fundamentally European luxury category, finds real buyers will only become clear once the first hull is in the water.

What is already clear is the direction of travel: a 200 million dollar commitment from Asian capital, built around African design language, choosing to base itself in Monaco rather than anywhere else, is itself a small piece of evidence for how thoroughly the principality has cemented its position as the default address for a superyacht business, regardless of where its founder or its money actually originates.

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Originally published by Monaco Day. Free to cite with attribution and a link to https://monacoday.com/en/article/prateek-suri-monaco-yacht-empire-200-million.