The Dragonfly, the 142-meter mega-yacht attributed to Google co-founder Sergey Brin, has returned to the waters off the Pitiusas Islands. The vessel has been spotted again in Formentera, in the Punta Pedrera area, after it was seen sailing off the coasts of Ibiza and Formentera in May 2025, with one of its sightings at that time occurring near Cala Jondal.
With an estimated value of $450 million, the Dragonfly is one of the largest private superyachts built by the German shipyard Lürssen, which delivered it in 2024. The company itself describes the vessel as a 142-meter superyacht designed to combine spacious outdoor areas with efficiency-focused engineering.
Her exterior design bears the signature of the prestigious Argentine naval architect Germán Frers, while Nauta Design was responsible for the interior design and the outdoor social areas. According to Lürssen, the yacht features a glass-bottomed pool, a gym, a games room, a beauty salon, and a spacious aft deck that connects the main deck to the beach club.
The vessel also features two areas equipped for helicopter operations and a diesel-electric hybrid propulsion system. Its configuration includes an electric Azimuth Pod Drive, as well as PTI/PTO units integrated into the gearboxes, allowing it to use electric propulsion or generate power for the vessel’s operations. Its maximum speed reaches 24 knots.
From a project for a Russian billionaire to Sergey Brin
The Dragonfly began as Project Alibaba, a project originally commissioned by Russian billionaire Leonid Mikhelson. During its construction, however, ownership changed, and the project ended up in the hands of Sergey Brin. The transfer took place after sanctions prevented Mikhelson from taking possession of the ship.
The vessel was launched in December 2023 and delivered by Lürssen in 2024. With a length of 142 meters, a beam of 20 meters, and a gross tonnage of 9,408 GT, the Dragonfly ranks among the largest superyachts built by the German shipyard.
The connection to Brin is no coincidence when it comes to the name. The Google co-founder had previously owned another yacht named Dragonfly, a 73-meter vessel that was later sold and renamed Capricorn.
The mega-yacht of one of the world’s richest men
Sergey Brin, born in Moscow in 1973, moved to the United States with his family when he was six years old. There, he went on to co-found Google with Larry Page in 1998. He currently serves on the board of Alphabet and is a controlling shareholder of the company.
His fortune has grown extraordinarily as Alphabet’s stock price has risen. On the August 2026 Forbes billionaires list, Brin was listed with an estimated net worth of $269,000 million, ranking fourth among the world’s wealthiest individuals as of August 1.
The Dragonfly thus represents one of the most visible expressions of its heritage and its unique relationship with technology applied to navigation. Beyond its size and luxurious spaces, the ship features a hybrid propulsion system that allows it to operate on electric power and reduce the use of diesel engines in certain navigation modes.
Now, just a few days after the Dragonfly was spotted in other parts of the Mediterranean, the Lürssen giant is once again turning the waters off Formentera into the setting for one of the most eye-catching superyachts in the fleet of major tech executives.
