🤔
people with yachts tend to have multiple houses and super convenient ways to go between them. “Just fly to the house near the yacht, what’s the problem, you pleb? Ugh poor people wonder why they’re poor, yet doing anything is always a problem for them. Ugh, can’t wait for the lay offs.”
The yacht crowd isn’t really concerned with national borders.
Yes. They can just take their private jet to where there is water.
For rich people, it’s not about using it or making a practical purchase. Its a way to show others how much you care about them (none).
It’s the yacht that counts.
For rich people, it’s not about using it or making a practical purchase. Its a way to show others how much you care about them (none).
I was thinking about this topic just a few days ago. I have another theory. Yes, yacht ownership is a method of communication, but they’re not trying to communicate with the common people, but instead indicating to each other of their level of wealth so they can find equal peers or greater peers to associate with, or greater to avoid.
A rich person with $10M net worth has almost nothing in common with a rich person with a $1B net worth.
~1500 sea-going yachts registered in Switzerland, so I’d say yes.
Which port?
The only port of registration for ocean-going yachts in Switzerland is Basel
Ocean going… Basel….
They mostly rent them. Yachts are so expensive to run that they’re not worth it for a mere millionaire.
Many yacht owners rent them out while they’re not using them as well.
Wait you can rent them?
Hmm I kinda wanna cosplay as a rich person for a day lol
There’s an article on /r/france about a rich guy supposedly fishing all the fish in Cuba from his mega yacht. Many pointed he rents it but he’s not there at the moment.
Yes, I work in commercial insurance and we wrote the insurance for an entire portfolio of a family owned private equity. The father at the head of it owned multiple yachts and ran a side business renting them out when he didn’t use them. It essentially just made them cheaper to own.
So basically the rich guys own a yacht, and to recoup on the cost he rents it out to the mega rich who can afford to even when not used not to have to bother with maintenance and such.
I bet the yacht owner thinks he’s poor.
I’m pretty sure he and his $20 million dollar home and cash poor businesses think he’s rich. They were the worst people to work with.
You can rent anything if you have the money. Private plane, mansion, island, whole cruise ship, super cars, trip to space, trip in a submarine. I’m sure there must even be places that will let you use rent/use old military equipment like driving and possibly firing old tanks, etc.
There’s a place in Texas, outside San Antonio, where you can drive and shoot old tanks
Renting an island in 2025 💀
The occasional landlocked country has lakes too.
Yes.
Absolutely. They just take planes (and/or sometimes helicopters) to them.
The Swarovskis my friend worked for exclusively took helicopters to France and England. No idea why.
They’d sometimes do that for dinner and a sleepover.
Had a rich girlfriend for a while. At one point her dad grounded her, litterally. Revoked access to use the family jet(s) (they owned one, but prefered to use a private company that would just have them wheels up from anywhere to anywhere in like an hour, without all the hassle of maintenance schedules, pilot vacation days, etc.) She was in her 30s and had complete meltdown over it. She even refused to go to their house on fisher’s island for christmass because she wouldnt fly first class. So we had to throw our own party in town, with like 60k worth of catering for 10 guests.
*some You make it sound like every person with money owns planes and yachts.
Kanye West lives in Wyoming.
even if their country has a port that doesn’t mean they keep their yacht there. better to fly to a Carribian island where the weather is nice than keep it near home and spend all that time sailing to where you want to be - boats are typically so slow that they would need to leave before they get there. If you want the yacht is some port you have the crew move it there and then you fly to it.
And even if they didn’t, their wealth still has to be taxed.
Of course.
