The maritime equivalent to jet-setters circle the globe on mega yachts the price tags of which can easily equal the yearly-budgets for a small nation.

What does a mega yacht cost. We hate to hear when yacht owners were told by their broker to factor in 10 of the purchase price to operate the yacht. Chelsea owner Roman Abramovichs Eclipse is a 533-foot monster that cost the billionaire 500 million while America business mastermind David Geffen spent a cool 200 million on his 454-foot superyacht. Using their most recent article as a guide a crew of 8 full-time crew on a 150 yacht will cost over 650000 per year in salary alone.

Therefore a 50 million yacht is likely to cost around 5 million a year to run and maintain. To cover the running and maintenance costs of a super yacht it is recommended that some 10-12 of the purchase cost is allowed. Three different 30-metre charter yachts may vary in cost by as much as 75000 Euros.

The 531-foot Dubai cost 400 million while the slightly longer Eclipse cost 485 million. Initial Cost Of A Superyacht. If you havent chartered a mega yacht before you might wonder what could be the cost of renting such an opulent vessel for a week.

Ask your broker to explain the differences. They start around 300000 for smaller 40-foot models and can go as high as several hundred million dollars for the biggest superyachts. One yacht may have a larger and more experienced crew or a big-name chef another yacht may be a little tired another may not be in a prime location.

The largest yachts have been. Dockage Unless the owner plans to spend the year at anchor then keeping the yacht in a marina incurs a significant cost. A 200 foot boat can carry 40000 gallons or more.

New 350 to 450-foot megayachts like the Rising Sun Luna Pelorus Radiant a nd Microsoft co-founder Paul Allens Octopus cost 3 to 5 times more between 200 million to 300 million. The largest carry over 100000 gallons. Its important to understand why the prices are higher or lower.