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04-11-2013, 06:01 PM
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#1
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Guru
City: Everett, WA
Vessel Model: Ocean Alexander 38'
Join Date: Oct 2007
Posts: 801
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Wow, but Why?
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04-11-2013, 06:30 PM
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#2
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Scraping Paint
City: -
Join Date: Oct 2007
Posts: 13,745
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While I have no way of knowing for sure, I would not be surprised to learn that this yacht is headed for Qatar. Qatar is now the world's richest nation thanks to its fairly recently tapped natural gas reserves which we were told when we were there last November are the biggest in the world.
The country has more money than God and they are spending it on some truly amazing stuff, like gigantic luxury communities built around huge yacht harbors. What's even more amazing is that the huge complexes, and the modern section of the city of Doha which makes Dubai look a bit shabby in comparison, are some 80 percent empty.
It's all being done on the theory of "if you build it, they will come." This yacht would be right at home there.
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04-11-2013, 06:53 PM
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#3
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Guru
City: Hotel, CA
Join Date: Sep 2011
Posts: 8,323
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It's interesting to me that the bulk of mega yachts seem to be owned by first and second generation wealth. Easy come easy go is the old adage. Not meant to imply that their wealth is fleeting, just enjoy conspicuous consumption on a notably grander scale more than older money is all.
Suppose it is the same concept as winning a lottery or such.
__________________
Craig
It's easier to fool people than to convince them that they've been fooled - Mark Twain
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04-11-2013, 07:05 PM
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#4
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Guru
City: Biloxi, MS
Vessel Name: Cajun Rose
Vessel Model: Biloxi Lugger
Join Date: Jul 2011
Posts: 1,384
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When I read the title I immediately thought of two things. The boat is going to the middle east and it wasn't made in USA. I don't think we have 1,500 skilled craftsman and who else besides the middle east has this kind of money? I don't want to be deleted so I'll leave it at that, but it is a very impressive build indeed. Gratulation!, Schön für dich
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04-11-2013, 07:58 PM
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#5
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Curmudgeon
City: Stoney Creek, MD
Vessel Name: Moon Dance
Vessel Model: 1974 34' Marine Trader Sedan
Join Date: Oct 2007
Posts: 2,775
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Quote:
Originally Posted by CPseudonym
It's interesting to me that the bulk of mega yachts seem to be owned by first and second generation wealth. Easy come easy go is the old adage. Not meant to imply that their wealth is fleeting, just enjoy conspicuous consumption on a notably grander scale more than older money is all.
Suppose it is the same concept as winning a lottery or such.
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I wish I would live long enough to see how it shakes out. It didn't work out long term for the Spanish after they pillaged South America.
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04-11-2013, 10:00 PM
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#6
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Guru
City: Vallejo, California
Vessel Name: Mahalo Moi
Vessel Model: 1986 Grand Banks 42 Classic
Join Date: Jun 2008
Posts: 2,093
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It looks like two of my boats could fit on the swim step!
__________________
Ray
"Mahalo Moi"
1986 GB-42 Classic
ΜΟΛΩΝ ΛΑβΕ
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04-12-2013, 07:38 AM
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#7
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Guru
City: Port Townsend
Vessel Name: The Promise
Vessel Model: Roughwater 35
Join Date: Sep 2012
Posts: 1,569
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04-12-2013, 08:25 AM
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#8
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Hospitality Officer
City: Pittwater
Vessel Name: Sarawana
Vessel Model: IG 36 Quad Cabin
Join Date: Sep 2010
Posts: 1,897
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[B]CPseudonym;It's interesting to me that the bulk of mega yachts seem to be owned by first and second generation wealth. Easy come easy go is the old adage. Not meant to imply that their wealth is fleeting, just enjoy conspicuous consumption on a notably grander scale more than older money is all.
Suppose it is the same concept as winning a lottery or such.[/QUOTE]
[/B]
Not wishing to be consigned to OTDE,but isn't that a parallel to what happened, in the US in the late 19th early 20th century.
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