Wednesday, August 1, 2012

The Mega-Yacht Wars Are Escalating



Mystery Billionaire Builds World's Largest Yacht -- CNBC

The mega-yacht wars have escalated, with a Middle-Eastern billionaire building a 590-foot ship that's expected to be the largest yacht in the world when it launches next year.

The ship, called Azzam, is under construction at a shipyard in Germany, according to SuperYachtTimes.com. It's expected to measure 180 meters, or around 590 feet - or the size one-and-a half football fields, plus a basketball court.

That length would surpass the world's current largest yacht, the 546-foot Eclipse, owned by Russian billionaire Roman Abramovich.

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My Comment: Some people have too much money.

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