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Why superyachts are still a booming business

Although the most expensive yachts, costing more than $500 million, are only within the reach of Saudi royalty and other billionaires, a second-hand 40-meter model can cost $5 million.

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Why superyachts are still a booming business

Although the most expensive yachts, costing more than $500 million, are only within the reach of Saudi royalty and other billionaires, a second-hand 40-meter model can cost $5 million.

If you read the headlines about sanctioned superyachts, you might think that most of the owners of these exclusive vessels are Russian billionaires with close ties to the Kremlin. But the reality is that

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