Measuring Wealth by the Foot


	Measuring Wealth by the Foot

rmowery

3-16-2008 10:45 PM

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tags:

yachts, billionaires, wealth, excessive rich

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/65acdda5-7ff8-4996-af47-e619cd000c09/3069C9FA-A8CC-4CFF-B6A2-3500880F27FA/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2008/03/16/business/16drop.html?em&ex=1205812800&en=77c7d71ad42bfd20&ei=5087%0A" href="http://www.nytimes.com/2008/03/16/business/16drop.html?em&ex=1205812800&en=77c7d71ad42bfd20&ei=5087%0A" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/16/business/16drop.html?em&ex=1205812800&en=77c7d71ad42bfd20&ei=5087%0A"><H1>
<NYT_HEADLINE _moz-userdefined="" type=" " version="1.0">
Measuring Wealth by the Foot
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</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/16/business/16drop.html?em&ex=1205812800&en=77c7d71ad42bfd20&ei=5087%0A"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.nytimes.com/img/42330065-1BE7-42CD-8CA3-79D92F41596A" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/16/business/16drop.html?em&ex=1205812800&en=77c7d71ad42bfd20&ei=5087%0A"><P>IN a shipyard in Germany, Blohm & Voss workers are building a mammoth yacht called the Eclipse.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/16/business/16drop.html?em&ex=1205812800&en=77c7d71ad42bfd20&ei=5087%0A"><P> Like many things in the secretive world of superyachts, its exact length is hard to pin down. So is the name of its owner, and the cost of building it.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/16/business/16drop.html?em&ex=1205812800&en=77c7d71ad42bfd20&ei=5087%0A"><P>But according to the Web site of The Yacht Report, one of several publications that track yachting with the same intensity that gossip magazines cover Hollywood hunks, the Eclipse is 531.5 feet long. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/16/business/16drop.html?em&ex=1205812800&en=77c7d71ad42bfd20&ei=5087%0A"><P>That’s six and a half feet longer than the Dubai, an 11,600-ton behemoth that now holds the record as the world’s largest yacht.  Its owner is  the ruler of Dubai, Sheik Mohammed bin Rashid al-Maktoum. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/16/business/16drop.html?em&ex=1205812800&en=77c7d71ad42bfd20&ei=5087%0A"><P>The extra length on the Eclipse isn’t an accident. Supersized yachts are the latest examples of one-upmanship among billionaires, many of whom already own a private jet, a <A title="Rolls-Royce" href="http://www.nytimes.com/mem/MWredirect.html?MW=http://custom.marketwatch.com/custom/nyt-com/html-companyprofile.asp&symb=RYCEY">Rolls-Royce</A> or two, and multiple mansions.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3069C9FA-A8CC-4CFF-B6A2-3500880F27FA/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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