Photo Credit: SY Maltese Falcon
When buying a luxury yacht, you have to consider much more than the price of the vessel itself. There's the obvious, like fuel costs and general upkeep, but you also have to find the perfect place to dock your new baby and you'll have to pay a crew to keep it running. And if you're going to go all-out, the yacht should be worth it. Towergate Insurance put together a handy info-graphic that not only shows ownership costs, but also lists the priciest vessels and who owns them, and a few handy details for anyone looking to buy something new. Spoiler alert: if you're seeking a super yacht that's at least 100m long, can hit a top speed of 25 knots and boasts a crew of 50, it will probably cost you $275 million. Chump change, right?
Photo Credit: Towergate Insurance