Largest Giga-yacht



GigayachtGigayacht Everest / Double Century sits atop the megayacht totem pole. Currently under construction, Gigayacht Everest / Double Century will be 656 feet (200 meters) long - i.e., longer than two football fields put together.

Gigayacht Everest / Double Century will dwarf both Roman Abramovich's megayacht Eclipse (536 feet / 164 meters) and Azzam, the 590 foot (180 meter) megayacht owned by Khalifa bin Zayed Al Nahyan, the ruler of United Arab Emirates (UAE).
Named after the world's tallest peak, the Everest will have nine decks serviced by two elevators and include a submarine, two helipads and hangars, indoor and outdoor swimming pools, cinema, library, and scuba center, to name just a few of the amenities. And to guard against potential terrorists attacking from the air or Somali pirates attacking from skiffs, there is even talk of equipping it with deck-launched torpedoes and Ship-to-Air Missiles (SAM).

All this will be for a crew of eighty, including security personnel, to pamper and protect only thirty-four passengers in seventeen luxury suites, each with a private terrace. Consider the Everest an ultra-luxurious and secure private battleship to cater to every playful and paranoid whim of the uber-rich. But really, how much relaxing can you do next to torpedoes and missiles?

How much will it take to own this monster floating toy?
The Everest's current price tag is almost a billion dollars (that's "b"). And that doesn't count the cost to operate it, which will include the salaries and expenses for those 80 crew members, which alone will run to almost $1 million a month. Add in the cost of fuel, maintenance, insurance, 'marina,' not to mention torpedoes and missiles, and the total price tag will make all but the world's richest flinch.

And lest you think that Everest will end the yacht arms race, a 730 feet (222 meter) "Terayacht" named Triple Deuce is already in the works.

So, let's get back to sanity and our original question about the cost of yachts: should you buy a private yacht, and if so, what kind should it be?

The answer depends on your perspectives on the ultimate source of your wealth. Click here if you believe that your wealth is a result solely of your endeavors and intellect, and please click here if you believe that your wealth is ultimately a blessing from God.