Subscribe to our newsletter

Selling a Megayacht and Naming Names

This weekend, the New York Times published a story about the state of the megayacht industry. The gist of the story is that it is very hard to sell a megayacht these days, which isn't that surprising.

The article speculates on why some owners, who they name by name, are selling their yachts. Including, "Some yacht brokers say that Americans are holding back now largely because they fear being viewed as profligate when many people have lost jobs, and that they will soon return."

My favorite part was the repeated naming of names followed by he "declined to comment."

What do you think? Was there anything that surprised you in the article?

Related Features