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re: Millionaires yacht pulling alongside a billionaires yacht

Posted on 5/30/18 at 7:23 am to
Posted by TexasTiger1984
Houston
Member since Sep 2009
1375 posts
Posted on 5/30/18 at 7:23 am to
I'd like to know how much it costs to run a boat like that for a year. Everything from crew, fuel, food, insurance, tax, docking fees etc.
Posted by saderade
America's City
Member since Jul 2005
25756 posts
Posted on 5/30/18 at 7:24 am to
Multiple millions to run a boat that big.
Posted by jordan21210
Member since Apr 2009
13408 posts
Posted on 5/30/18 at 7:32 am to
I know for a fact it takes over $1 million/year to run a 115ft boat. I’d imagine these 200+ft ships can cost $3 - 10+ million.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26127 posts
Posted on 5/30/18 at 9:38 am to
Rule of thumb is 10% of boat value per year.
Posted by Seeing Grey
Member since Sep 2015
597 posts
Posted on 5/30/18 at 10:58 am to
quote:

I'd like to know how much it costs to run a boat like that for a year. Everything from crew, fuel, food, insurance, tax, docking fees etc.


I knew a guy that captained two boats for a Mexican billionaire. I believe he mentioned a rough estimate is around 10% the purchase price of the boat to run it per year.
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