Posted on 07/21/2011 5:58:57 AM PDT by tlb
built for a Malaysian businessman by British designer Stuart Hughes. It is 30.5m (100ft) long and is claimed to feature around 100,000kg of solid gold and platinum – making it worth a reported £3billion.
Its main sleeping quarter is adorned with platinum accents, including a wall feature made of stone from a meteor - and bone from a Tyrannosaurus Rex.
The hull is also wrapped in a thin layer of gold, while precious metals were used to make the deck, dining area, rails and anchor.
‘He wanted a plane doing as well but the thing would never take off if we did.
The yacht, built in Italy, was completed in Malaysia about two weeks ago. ‘I believe it will be mostly in dry dock, it won’t be used, it is just for show,’ Mr Hughes said.
According to the World Gold Council, some 165,600 tonnes had been mined at their last estimate in 2009, meaning that the craft has nearly one per cent of the world’s gold.
(Excerpt) Read more at metro.co.uk ...
Sounds like another one of those elitist yacht owners that always think they have the right-of-way... COLREGS don’t apply to them.
LOL!
It better not leave dry dock- the waters all around Malaysia are pirate-infested as it is
Imagine living inside the head of someone with this much money to burn. It’s not as if he couldn’t figure out a better way to invest it and make even more, or use it for good works which he apparently lacks a basic instinct to do. This type of financial obscenity must be an identifiable mental disorder?
This guy's carefree spending has provided many people with a livelihood.
It would be funny if he cruised around Somalia. Somalia would immediately jump several other countries in self worth...
You never know. Maybe he’s planning to sell the appreciated gold in four years time and buy everyone in Malaysia their own hospital.
Meanwhile he’s driving around in his own private bank and waiting for fiat to crash.
Pirates get wood thinking about that boat. If that ever sails without armed escort, it will be taken.
It's the guys $$$, bully for him...However, I just don't get what he “GETS” out of this.
If I had billions, I'd lay around in my pajamas going through the newspapers looking for worthy causes to give dough to. It would be ultra selfish on my part, because it would give me such good feelings.
Guess he gets his good feelings looking at that dinosaur bone, by the platinum toilet. Different strokes.
Cruising around Somalia. If he has spent $3 billion on the boat, maybe he’s got some other goodies stowed aboard. Maybe made by Bofors? Has someone been reading my bait boat suggestions?
It probably was built with shovel ready stimulus funds. Soon it will be donated to the Barack Obama Presidential Mosque.
An acquaintance knows a family that made great wealth by a super business success.
Now, they give away $24 million dollars each year.
On Christmas, the family gets together and chooses the 24 recipients, most of whom have not asked and have no idea they are being considered. My acquaintance found out about this when the family donated a million dollars to her son’s autism treatment center for research.
I like to think if I was that rich I’d be doing something like this! It would be such a joy.
I wonder if this man feels joy in gaudy possessions?
Gert had more than one gold finger as he was a talented violinist.
He became a member of the Nazi Party at age 16 and remained in it throughout the war.
When the James Bond film "Goldfinger" was released it was boycotted in many countries because of Frobe's Nazi connection. However, the boycott was lifted when a Jewish family spoke up in his behalf and it was learned he was assisting and hiding many German Jews from the Gestapo during the war by using his membership as a cover.
In 1988 Gert died of a heart attack in Icking, Bavaria at the age of 75.
Leni
And I bet he gives money away and - what's more - doesn't tell anyone when he does it.
We simply don't know. And as we don't know: let's not go and measure that splinter we think we can see in his eye.
Not the issue. Government spending provides many people with a livelihood. That doesn't make it an investment that is good for society.
The question, if we're going to talk about job creation, is how many jobs were created by this project as opposed to the same amount of money invested more productively.
I agree it's his money, although many if not most of these guys are more likely to be crony capitalists than free market types, and he should be able to spend it as he likes.
But if you defend his decisions on a job-creation basis, it opens those decisions up to criticism on the same basis.
Ping.
At $1500 an ounce for gold and much more for platinum, and the fact that working with gold and platinum in this fashion are fairly specialized skills, not that many.
Here’s a thought. Since reporters are cheap to buy perhaps the description of the yacht is a bit “embellished” so as to hide a bunch if money. Perhaps he’s managed to move 1-2 billion into hiding by claiming it went into the boat. Who knows?
And my tax money goes to feed starving American hating Somali’s?
See my tag for instructions as to how to “Live like no one else so that someday you can GIVE like no one else!”
;-)
‘scuse me while I go find an eye patch, a saber, and a parrot. Aaarrrggghhh!
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