U.S. Ambassador to Italy Tilman Fertitta, a billionaire businessman appointed by former President Donald Trump, is drawing criticism for hosting lavish receptions on his $450 million mega yacht, the Boardwalk, as part of a two-and-a-half-month "Coastal Diplomatic Tour."
The 383-foot yacht features two helipads, two swimming pools, four hot tubs, a spa, a scuba room, a putting green, and a cinema. Fertitta, who is the world's 312th-richest person according to Forbes, has stated the tour is at his own expense, estimating it will cost approximately $1 million, while also serving to celebrate America's 250th anniversary and avoid renovations at his official residence in Rome.
The ambassador's approach has led to protests, notably in Venice, where demonstrators chanted "No space for billionaires" and "Venice is not the United States." Angelo Bonelli, a national lawmaker, has called on the Italian government to disclose the costs associated with the security provided for Fertitta's vessel, estimating the state's expenditure could reach $4.6 million.
Fertitta, however, defends his method, telling The Washington Post that his "cachet" resonates with Italians. "They like that [they're] important enough to us that you're going to come into our town, on your big boat, and pay respect to us and have us in your home," he said.
Italian Defense Minister Guido Crosetto noted Fertitta's affection for Italy and his connection to the country, stemming from his Sicilian ancestry, as a key asset. Crosetto also highlighted that Trump respects Fertitta, allowing him direct access to the former president.
Fertitta, who made his fortune through the Landry's hospitality and entertainment company, also owns the Golden Nugget Hotels and Casinos and the NBA's Houston Rockets. He previously hosted Trump at the Trump Plaza Hotel and Casino in Atlantic City starting in 1999.
This style of ambassadorship, with a significant number of political appointees chosen for their wealth and connections, is a characteristic of the Trump administration. Other wealthy appointees include Charles Kushner, ambassador to France, and Warren Stephens, ambassador to the UK. Fertitta's $11.1 billion net worth makes him one of the wealthiest individuals to ever hold a U.S. ambassadorship.
However, the practice of such ostentatious displays has drawn disapproval. Former U.S. Ambassador to Yemen, Barbara Bodine, told The Washington Post that while political ambassadors often use personal wealth to improve residences, "to flaunt it this much is inappropriate."
Despite the controversy, the tour has generated attention, including Fertitta's visit to his ancestral home in Cefalù, Sicily. Fertitta maintains his actions are not for show but serve to foster positive relationships between the U.S. and Italy.
