The war against luxury yachts

Saddam Hussein's presidential yacht, the Al-Mansur.

Yesterday, the U.S. Congress approved increased spending for the war in Iraq. Thought it was a good time to revisit what happens when a 500 pound bomb slams into your luxury yacht. Miraculously, it would at least still float. Lesson learned - don't serve yellow cake aboard to your guests.

Bill Gates leaves Phuket on the mega yacht Octopus

After visiting Phuket, Bill Gates proclaims he had one of "the best holidays". Subsequently, Phuket developer Lalvani proclaims a new ultra exclusive mooring to be built there.



The yacht is owned by the other Microsoft honcho. It is the fifth largest superyacht - Octopus. This is the yacht Bill Gates is aboard currently cruising the southern coasts of Asia. Just recently, he took the yacht on a jaunt down to Antarctica.

Charter Yacht Paloma. C'est Magnifique!

French socialists attempted to make a scene over French President Sarkozy's relaxing vacation on the Yacht Paloma. Owned by billionaire Vincent Bollore, Yacht Paloma is a charter motor yacht that Marie Antoinette would be proud of.

Saudi yacht runs aground at Cannes festival

One of the world's top yachts , the Lady Moura, runs aground at Cannes and forces the closure of several beaches.

How the rich spend their summer months

The wealth report blogs on how the rich spend their summer.
Yacht charters top the list.

Luxury, Leisure. Yachts and Mega Yachts

Would You Pay $70,000 for Your Vacation? Don't Laugh, Many Do. Blog post mentioning the flexibility and cost of a berth on a super yacht.