By Robert Frank
- Associated Press
- The 2010 launch of the Eclipse.
Looking for a quick summer break on the Mediterranean?
Consider a week aboard Eclipse, the largest yacht in the world. It can be yours (at least in theory) for $2 million a week, according to JamesList. That works out to $285,714 a day, or $11,900 an hour.
Granted, food and beverages aren’t usually included. The fuel also is on you. But just think about what you do get for the money: 24 guest cabins, two swimming pools, several hot tubs, a disco hall and a crew of 70 to fill your glass, change the sheets and keep the disco ball spinning. You also get a minisubmarine that can descend to 150 feet.
Even if you had the money, however, you might not be able to secure the boat. Eclipse is owned by the famously private Russian billionaire Roman Abramovich. As if to highlight the point, Eclipse is equipped with an antipaparazzi photo blocker. Yacht brokers say the charter listing on SuperyachtMonaco.com is more likely a requirement for Eclipse to be commercially registered. The charter company has told inquirers that the boat isn’t available this summer.
A spokesman for Mr. Abramovich said he doesn’t comment on personal matters.
Brokers say that when a boat is a registered commercially, it can be exempt from value-added taxes on fuel, supplies and other boat costs. Owners also may receive tax breaks on the boat’s purchase. For a boat that cost more than $500 million to build, and millions of dollars a year to maintain, the taxes can add up.
To qualify, yachts have to make themselves available for charter, which Mr. Abramovich has clearly done. “It’s a convenient way to manage a yacht,” said one broker. “You make it available for charter for registration purposes, but you may not actually end up chartering it because of the price.”
It isn’t as though Mr. Abramovich needs the extra $2 million a week. To him, privacy (and not letting strangers on his board) is likely far more valuable.
What would you expect from a $2 million-a-week yacht?