Spending It: Even the Rich Like to Cover Their Costs

Listen up, all you bonus babies. Just because you can afford a $30 million yacht doesn’t mean you have to like ponying up the $3 million in annual maintenance and operating expenses. More and more, The Times reports, superyacht owners are renting out their floating mansions for several weeks to help cover costs. Herb Chambers, an auto dealership tycoon, outsources the chartering of his 188-foot to a company called Camper & Nicholsons who in turn rents it out for about 10 weeks a year at $385,000 a week. Interested? Better act fast--Chambers is in the process of building a 257-footer which should be ready for its maiden voyage in 2008.
For Rent: My Yacht [NY Times]

Comments:

<< Back to main