The greatest symbol of wealth may be the yacht, and the uber rich are constantly trying to one up each other.
The toy of choice for the uber rich is often the yacht. These luxury boats are a status symbol with price tags that blow most home prices out of the water and amenities to put five-star hotels to shame.
And now, they might go one step further. A yacht can now be a mini private island for those who don’t want to spend the money on both.
The 295-foot Tropical Island Paradise yacht not only has a pool on deck with a cascading waterfall, but also a towering volcano and a helicopter pad. The ship even has detachable floating islands with lounge chairs.
But this party vessel is for a very exclusive group, because it only accommodates up to 10 guests. The Tropical Island Paradise yacht does not have a price tag yet, but you can bet it will be out of most people’s budgets.
The announcement of this new yacht comes on the heels of the purchase of the gold-plated History Supreme yacht, which cost $4.8 billion. Business Insider listed the most expensive yachts in the world. Here are the top five.
: History Supreme
: $4.8 billion
an anonymous Malaysian businessman
Around $800 million
Main owner of the private investment company Millhouse LLC
: Roman Abramovich.
: $350 million
Sheik Mohammed bin Rashid Al Maktoum, ruler of Dubai and Prime Minister of the United Arab Emirates
: Al Said
: Between $200 and $300 million
Sultan Qoobas bin Said al Said, Sultan of Oman
: Al Mirqab
: Around $250 million
Sheikh Hamad bin Jassim bin Jaber Al-Thani, Prime Minister of Qatar