Re: Randomness
Posted: Sun Aug 04, 2024 1:06 am
Phone home….
It was Paul Allen’s. I spotted it in Venice in about 2008; it was much smaller than the massive cruise ship next to it so I didn’t realise until I looked it up that it was the second largest superyacht in the world at the time.
they really jack up the prices in the school holidays. it’s only £10k a week on October…mik wrote: Sun Aug 04, 2024 5:32 pm Blimey. A week’s charter for around £1.75 million.
Which lead me here. It’s just one of many…..
https://www.yachtcharterfleet.com/yacht ... me=octopus
Boats are expensive to run. Really, really expensive. Rich people are rich because they don't spend money they don't need to and to quote the old saying, "If it flies, floats or fucks, rent it."Mito Man wrote: Sun Aug 04, 2024 5:46 pm Always wonder with these. If you’re rich enough would you hire out your yacht? You wouldn’t put you Enzo on Turo would you? And on the flip side, if you’re rich enough to hire a yacht for 2.2 mil a week, surely you’d already have a yacht?
So is it just for tax mitigation purposes and pretending it’s a business? What are the chances someone actually can afford the rent and then mysteriously the yacht has a problem on the date you want it.
I think rich people who can afford super yachts don't care about spending money, but hate paying taxes. I imagine they're setting the yacht with it's crew up as a business so they then don't have to pay VAT and running it at a loss and all the depreciation means they can deduct that from taxes elsewhere. I'm mighty suspicious that you can actually charter these things.Jimmy Choo wrote: Mon Aug 05, 2024 11:20 amBoats are expensive to run. Really, really expensive. Rich people are rich because they don't spend money they don't need to and to quote the old saying, "If it flies, floats or fucks, rent it."Mito Man wrote: Sun Aug 04, 2024 5:46 pm Always wonder with these. If you’re rich enough would you hire out your yacht? You wouldn’t put you Enzo on Turo would you? And on the flip side, if you’re rich enough to hire a yacht for 2.2 mil a week, surely you’d already have a yacht?
So is it just for tax mitigation purposes and pretending it’s a business? What are the chances someone actually can afford the rent and then mysteriously the yacht has a problem on the date you want it.
I think that some of these people have to live on their yachts for security reasonsdinny_g wrote: Mon Aug 05, 2024 12:20 pm If your lifestyle allows you to live on a Yacht for weeks or even months at a time during the various seasons then why the hell not own one.
But even the mega rich who are still working and need to be in various offices semi regularly and so, renting one for a week here or there makes more sense.