Talk of The Villages Florida - View Single Post - AMAZON customers own a (teensy-tiny) piece of this>
View Single Post
 
Old 05-11-2021, 12:35 PM
alwann's Avatar
alwann alwann is offline
Veteran member
Join Date: Oct 2008
Location: Village of Gilchrist
Posts: 921
Thanks: 3
Thanked 796 Times in 247 Posts
Default Yachts

I've always wondered why the extremely wealthy buy these monster yachts. Tiger, Shak, Bezos, et al. all have one. Over 70 feet long, they need a licensed captain and crew. The super wealthy are super busy and have minimal free days for cruising.

Is it a good investment? A tax loophole of some kind? A revenue stream through leasing the craft for charters? Ego? Or they've got so much money they don't know what to spend it on.

I want to know so when I win Powerball, I can act accordingly.