The new owner, whose identity has not been disclosed, may have to keep his prize out of international waters.

Sardinia’s Costa Smeralda is the jewel of Italian sailing - Getty As summer returns to the Mediterranean, so too does a now-familiar spectacle: the arrival of superyachts. These floating mansions are ...

Credit: heesenyachts While many billionaires fill their boats with celebrities and DJs, Alekperov’s parties are more reserved. If they happen at all. Despite having space for 12 guests, including a ...

They’ve got safe houses in New Zealand and private planes full of jet fuel, but cruise-ship-sized yachts are how the planet’s richest people plan to escape a world gone to hell. That’s why, for the ...

A Redditor was shocked after witnessing a yacht float into the downtown harbor of New Orleans. They took to Reddit to ask who it belongs to, surprised to see such a big yacht in town a full week ...

Billionaire Mike Lynch and six others were killed in the accident. It’s been almost a year since a British-flagged luxury super yacht sunk off the coast of Sicily, and authorities on Saturday finally ...