The world's super-rich spend $22 billion on yachts every year, according to UBS and Wealth-X's annual World Ultra Wealth Report for 2014. A yacht is the pinnacle of luxury and decadence. But more so, a personal yacht offers something you can't get with most large vessels: privacy. Here's more from the report: "For ultra high net worth (UHNW) individuals, many luxury items and experiences are part and parcel of their lifestyle and are not necessarily considered a "luxury". For example, UHNW ind...
The world's super-rich spend $22 billion on yachts every year, according to UBS and Wealth-X's annual World Ultra Wealth Report for 2014. A yacht is the pinnacle of luxury and decadence. But more so, a personal yacht offers something you can't get with most large vessels: privacy. Here's more from the report: "For ultra high net worth (UHNW) individuals, many luxury items and experiences are part and parcel of their lifestyle and are not necessarily considered a "luxury". For example, UHNW ind...
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