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Joseph Tsai lands in Tivat as yacht season opens on the Adriatic

The Alibaba co-founder and Nets owner's 12-minute hop from Dubrovnik suggests a summer base in Montenegro's Bay of Kotor.

By celebplanes · 1 min read · Joseph Tsai

Joseph Tsai — owner of VP-COR (Gulfstream G700)

Joseph Tsai

Joseph Tsai's Gulfstream G700 (VP-COR) flight path — LDDU — Dubrovnik Ruđer Bošković to LYTV — Tivat
Flight path · LDDU — Dubrovnik Ruđer BoškovićLYTV — Tivat · 12m airborne
Listen — voice briefing0:21
0:00-0:21
Departure
LDDU — Dubrovnik Ruđer Bošković
Arrival
LYTV — Tivat
Airborne
12m
Distance
24 nm
CO₂
878kg

Joseph Tsai flew from Dubrovnik to Tivat on June 3, a 12-minute hop across the Adriatic that landed at 5:32 PM local time. The Gulfstream G700's brief flight—barely longer than a taxi ride—tracks a pattern of short regional legs that began on May 27 in Hong Kong and wound through Nanjing, Budapest, and Prague before reaching the Dalmatian coast.

Tsai's arrival in Tivat comes the same week the Montenegro yacht charter season enters full swing, with superyacht crew and hospitality staff rotating into port for the Mediterranean summer, per industry schedules posted by Adriatic Marinas. Tivat is the gateway to the Bay of Kotor, a favored anchorage for billionaires maintaining a European summer presence, and Tsai has previously been photographed aboard vessels in the region.

The May 31 movements—a flight from an unidentified coastal position to Tivat, followed by a Budapest-to-Tivat leg—suggest Tsai may have been repositioning the aircraft or meeting associates before settling into a seasonal Adriatic base. For a billionaire who divides his time between Hong Kong, New York, and European investment hubs, Tivat functions as a quiet logistics node for a summer without a fixed calendar.

Aboard the Gulfstream G700

Gulfstream G700 exterior — Joseph Tsai's private jet (VP-COR)
Gulfstream G700 cabin floor plan — Joseph Tsai's private jet interior layout
Exterior & cabin layout · Gulfstream G700

The aircraft

Type
Gulfstream G700
Tail
VP-COR
Max alt
4,950 ft
Max speed
245 kt

End of article · celebplanes