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RIDICULOUS Yearly Costs Of A Superyacht Explained

RIDICULOUS Yearly Costs Of A Superyacht Explained Welcome back to Yacht News! Superyachts are like regular yachts but bigger and therefore more expensive. Yachts are large, but superyachts are huge: think 78 feet (24 meters) or longer. If a yacht is a symbol of luxury and excess, a superyacht is a symbol of even more luxury and excess. A yacht of any size, but in particular a large one, is a money pit. It can easily cost 10% a year to run your yacht. So a $10 million yacht will be around $1 million a year in running costs (think about the crew, insurance, maintenance, mooring fees, etc.). Most superyacht owners don’t spend nearly enough time on their yachts, to make the cost worth it. For example Secretary of Education, Betsy DeVos, spends so little time on her $40 million yacht — one of at least 10 ships belonging to the DeVos family that a group of vandals managed to set it free over the summer. The crew of a superyacht operates 24/7 and often lives in quarters on the yacht, including a captain, chefs, interior staff, deck crew, and engineers to ensure the smooth running of the yacht. Superyachts may solely be used by their owners, or could be chartered for others to travel and enjoy the luxuries it has to offer. Come, and let’s discover in this video the RIDICULOUS Yearly Costs Of A Superyacht Explained. Subscribe to @Yacht-News so that we can welcome you aboard for more spectacular content!🔔 ---------------------------------------------------------------------- Tags: #yacht #superyacht #yachtworld ---------------------------------------------------------------------- RIGHT NOTICE: The Copyright Laws of the United States recognize a “fair use” of copyrighted content. Section 107 of the U.S. Copyright Act states: “Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.” This video and our YouTube channel, in general, may contain certain copyrighted works that were not specifically authorized to be used by the copyright holder(s), but which we believe in good faith are protected by federal law and the fair use doctrine for one or more of the reasons noted above.