"My daughter and a group of students left for spring break prior to the government's announcement yesterday," Caruso told TMZ. "Once we became aware of the investigation, the young woman decided it would be in her best interests to return home." The luxury yacht according to various yacht-focused websites , it worth roughly $100 million. A steep investment for literally almost anyone, but not so when you consider that Caruso is the real estate tycoon who developed the popular Los Angeles retail center, The Grove. The 215-foot "Invictus" yacht can sleep up to 12 guests while housing a staff of 19 crew members. It features a hot tub, an elevator, and a gym. It also was the subject of scrutiny when Caruso hosted its "christening" party in a Newport Harbor, inhibiting other smaller boats from docking. Forbes estimates that Caruso is worth $4 billion, as of March 2019.