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Russian businessman builds himself the world's most expensive private yacht

Several days ago, we wrote about the world's most expensive private jet, but what if you don't like flying, or just want to be able to dock in Monaco to watch the Grand-Prix?
Then you get yourself a 9 deck mega-yacht like the one pictured above.
It was commissioned by Russian businessman Roman Abromovich and cost $420 Million to build, making it "just" $60 Million cheaper than that Airbus A380 super jet built for Prince al-Waleed bin Talal.
So, what does $420 Million buy on the open oceans nowadays? The vessel is 550 feet long, has 2 helicopter landing decks, a massive pool with multiple bars, a movie theater, library, restaurant, private garden and a 5000 square foot master suite. When the time comes to get back to land, the owner and his guests can grab one of 20 jet-skis stored inside the ship.
Of course, when you are one of the richest men in the world, you face threats that us commoners don't have to deal with, so Mr Abromovich included a private submarine and a missile detection system.
One of the previous contenders for "World's most expensive yacht" was US businessman Larry Ellison (of Oracle), but his boat is just half the size of this new one. In fact, the previous records for "superyacht' were all under $100 Million, and given the current state of the world's economy, I'm fairly sure Mr. Abromovich will be holding on to his record for quite some time.
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Reader Comments (Page 1 of 1)
Craig Jun 13th 2009 1:50PM
Did you mean Roman Abromovich, best known as the owner of Chelsea FC?
http://en.wikipedia.org/wiki/Roman_Abramovich
Scott Carmichael Jun 13th 2009 1:56PM
Correct - my bad - I was using the German spelling of his name! Thanks.
nzm Jun 14th 2009 7:44AM
Her name is Eclipse and she's being built by Blohm & Voss of Germany.
Larry Ellison's "Rising Sun" is 452' in length and is currently the 6th largest in the world behind 5 Middle Eastern owned yachts (Dubai 531' – Al Said 508’ – Prince Abdulaziz 482' - El Horriya 478' - Al Salamah 465' ), so Larry's is just a little more than half the size of Eclipse, wouldn’t you say?!
More photos of Eclipse here:
http://www.superyachttimes.com/superyachttimes/www/editorial/2/article/id/3087
Ok Reality Jul 5th 2009 11:02PM
And all but a waste if damaged in a storm. Or sunk for any reason. Or anything else that should happen as does to many yacht per year.. And 420 million? Half a billion dollars? I would spend the larger portion on something helpful to others. Certainly I would keep plenty for my own pocket of course. -obviously. What a waste of money. Gluttony anyone?