1937 it was sold to Romanian King Carol II for £120,000 and renamed "Luceafarul". When he abdicated in 1940 it was taken over by the Romanian Ministry of Culture to become first a museum, later a restaurant.
After being recovered in 1989 it's now a private yacht.
When looking at it, it looks similar to the Royal Yacht "Dannebrog" in use by the Royal Danish family. The "Dannebrog" was commissioned 26. May 1932.