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EPISODE · May 29, 2020 · 42 MIN

Luxury for the super rich

from Money is Not Evil Podcast · host MoneyMedia

The largest private yacht in the world is the 180 meter-long Azzam, owned by the Emir of Abu Dhabi. Arab sheikhs, Russian oligarchs and American billionaires are battling to own the most luxurious and most expensive ship. The largest private yacht in the world cost around 600 million euros. The Azzam, which belongs to the Emir of Abu Dhabi, is a staggering 180 meters long. And it’s high maintenance — staff, diesel and servicing cost around ten million euros a year. These mega yachts are designed and furnished by top architects, like Philipp Starck. This film takes viewers onto some of the most expensive yachts in the world. Meet Norwegian ship designer Espen Oeino, who has inside knowledge of what this league of luxury really means. His clients’ requests have included a helicopter landing pad, and even a personal submarine on board. Along with destinations like Monaco, Miami and Dubai, yacht owners have recently also begun heading to more adventurous locations, like the Arctic Ocean.

Episode metadata supplied by the publisher feed · Published May 29, 2020

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Luxury for the super rich

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