06 February 2012
Super Rich Buying Even Bigger Yachts
The new yachts being commissioned by the world’s mega-rich are bigger than ever before, according to the latest superyacht ranking.
Whilst the economic crisis has crippled many yacht makers and affected some levels of yacht sales, new figures suggest that the top end of the market has remained robust. An impressive 11 new vessels, some the size of cruise liners, will join luxury yachting web portal superyachts.com’s annual top 100 ranking by length this year. The unexpectedly high number of top-end super yacht sales in 2011 compares favourably with nine new entries the previous year. Super yacht sales are usually defined as the purchase of a private vessel measuring more than 100ft or 30m in length Last year’s largest entry was Topaz, a 147m yacht built by Germany’s Lürssen Yachts for an unknown owner. This super yacht sale is believed to have been made by a member of the ruling Al Nahyan family of Abu Dhabi. mega yachts for sale please visit the main website.