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The largest yachts in the world and the wealthy people who own them.
A superyacht (or super yacht, or mega yacht) is a large and usually, privately-
Superyachts are often purchased by UHNWI or Ultra High Net Worth Individuals. A UHNW is some one with net assets over US$ 30 million although some experts calculate with an amount of US$ 50 million. It is estimated that the world population of UHNWI is around 200,000 individuals. Around 5% of these UHNWI, or 10,000 individuals, own or frequently use a superyacht. The mean net worth of a superyacht owner is estimated at US$ 680 million, a figure no doubt influenced by the relative high number of billionaire Russian yacht owners. The average age of a super yacht buyer is estimated around 65 years. The most famous UHNWI yacht owners include Roman Abramovich and Larry Ellison. US Presidential candidate Donald Trump has been owner of the yacht Trump Princess, while the world’s richest man Bill Gates does not own a yacht. He owns a large house though, watch Bill Gates’ house here. It is expected that the amount spent on superyachts worldwide, is increasing 25% the coming 5 years. There is a trend towards expedition yachts, in stead of (fast) displacement yachts, but also new built yachts seem to grow bigger over the years.