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To: truthnomatterwhat
Mega-yacht owners offset the costs of ownership by renting out their vessels.

Ask Herb Chambers. "Excellence V" is a down-size from E IV.

When it takes 2 days to fill-up with fuel ...you know you're in another league


19 posted on 06/25/2016 8:49:23 AM PDT by Daffynition ("We have the fight of our lives coming up to save our nation!" ~ Jim Robinson)
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To: Daffynition
Mega-yacht owners offset the costs of ownership by renting out their vessels. Ask Herb Chambers. "Excellence V" is a down-size from E IV. When it takes 2 days to fill-up with fuel ...you know you're in another league

The rule of thumb is that a yacht cost 10% of purchase price...per year...for crew and maintenance.

There is an '07 Abeking & Rasmussen yacht, same approximate length and same manufacturer as the Excellence V, for $48.9 Million

The Excellence V charters for $661k per week (fuel extra) She has a 30,115 gallon fuel capacity. (BURP)

23 posted on 06/25/2016 9:17:58 AM PDT by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
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