The Haves and Have-Yachts – inside the world of the ultrarich - 3 Quarks Daily
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The Haves and Have-Yachts – inside the world of the ultrarich - 3 Quarks Daily
Stuart Jeffries in The Guardian: In this droll and timely analysis of extreme wealth, New Yorker staff writer Osnos notes that superyacht demand is outstripping supply. In some countries you have to wait for bread, water or inoculations; in others for giant sea-going vessels. In 1990, there were 66 US billionaires; by 2023 there were over 700, an increase of more than 1,000%. In the same period, the number of US yachts measuring longer than 76 m…
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