The CEO Magazine Asia - 09.2018

182 | theceomagazine.com

WORLD’S

BEST

SUPER

YACHTS

The

BIGGER, BETTER AND MORE

LUXE THAN EVER BEFORE, THESE

SUPERYACHTS ARE SET TO LEAVE

YOU SPEECHLESS WITH HIGH-TECH

FEATURES AND EXTRAVAGANT

PRICE TAGS.

WORDS • FAYE JAMES

J

ust as a private jet or the latest luxury sports car is a

sign of wealth and abundance, so is a superyacht. Many

billionaires invest millions of dollars in the biggest and

best superyachts.

With interiors plush enough to match any five-star hotel’s,

many of today’s superyachts come with their own helipads,

swimming pools, beach clubs, cinemas and dance floors.

Year upon year, the yachts become increasingly

extravagant with some coming in at a hefty price tag of up to

US$500 million, but to the wealthy, it’s a must-have accessory.

“It’s the ultimate luxury and the ultimate freedom, giving

owners the ability to instantly pull up anchor and sail or motor

off to anywhere in the world that catches their fancy,” says

Ginger Hornaday, a broker with Engel & Volkers.

And for the yacht owner, it’s a great long-term investment.

“As the pursuit of luxury moves from goods and services

to unique experiences, the ultra-wealthy are demanding

that the returns on their most precious possession – time –

are maximised in every way possible,” according to the 2016

State of Wealth, Luxury & Yachting Report from Wealth-X and

Camper & Nicholsons.

Further, the market is on an upturn, as reported in The

Wealth Report 2018 by Knight Frank: “The superyacht market

is also recording growth, driven by the US, according to

Merijn de Waard, Director of SuperYacht iQ.”