Published May 18, 2023, 8:20 p.m. by Courtney
luxury yachts are big business. They are a status symbol for the rich and famous, and come with a hefty price tag. But what goes into making a luxury yacht? And who buys them?
DW documentary takes a closer look at the business of luxury yachts. From the shipyards that build them, to the brokers that sell them, we explore the world of the super-rich and their love of luxury yachts.
Shipyards that build luxury yachts are located all over the world, but the majority are in Europe. Germany, Italy and the Netherlands are home to some of the most prestigious shipyards.
It takes a team of skilled workers to build a luxury yacht, and the process can take up to two years. The finished product is a work of art, and each yacht is unique.
The interiors of luxury yachts are often designed by well-known interior designers, and no expense is spared. From marble floors to silk curtains, these yachts are truly luxurious.
The price tag for a luxury yacht can range from $5 million to $250 million. But who buys these yachts?
Many of the buyers are from Russia, the Middle East and China. They are often businessmen or members of royalty. For them, owning a luxury yacht is a sign of success and wealth.
luxury yachts are a floating status symbol, and the business of selling them is booming.
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