This is great. Think of all the jobs this purchase created and will create.
“This is great. Think of all the jobs this purchase created and will create.”
My thoughts too. I hope people like him buy more yachts, mansions, & planes.
I love to watch the competition between the rich in their quest for “one upmanship” as it creates jobs. Would these jobs and yachts exist if taxes and the government took everything? Of course not. The government would take in revenue and either pay out to cronies in contracts or buy votes from those dependent on welfare and other assistance programs. At least we get a good product from these funds being spent. While the jobs may not be full time, there will be skills learned and technology developed that will have future applications. And who knows what billionaire will step up to surpass the extra 40 meters?
I look at them as floating jobs programs. Instead of the owner buying a sculpture made of solid gold and fondling, it, he paid the salaries of several hundred craftsmen for several years. And it will cost 15% of the construction cost PER YEAR to keep it up to snuff. That means the jobs program goes on as long as the boat floats. I say, salute the owner as a hero for spreading his wealth around to the 100s of skilled craftsmen and women who built her, and the crews who will man and maintain her.