You are here: Home » PF » Features » Spending
Have risk appetite? Go aggressive in MFs via sector funds for good returns
Business Standard

Smart spending: You can rent a yacht and live a day like a billionaire

Boats are a billionaire pursuit, but rigs can also be leased for parties, the weekend or quick jaunts

Topics
Billionaire  |  Vijay Mallya  |  Gautam Singhania

Pavan Lall 



Majesty, yacht
Source: West Coast Marine

Any mention of yachts evokes images of the luxury boats owned by the wealthiest men in the world with the size of their ships directly proportional to the amount of money that's been spent on them. In that world, bigger is better, and around the globe, yachts have been a pursuit from Greek shipping tycoon Aristotle Onassis's 99-metre superyacht ‘Christina O’ to absconding Vijay Mallya's 95-metre ‘Indian Empress’. But what most may not know is that it's possible to sail like a even if for a day or two because most owners rent their boats out when they aren't using them. Case in point – can you rent ‘Ashena’ – a 45-metre superyacht with five cabins owned by Raymond's boss It's possible if you cough up Rs 800,000 a day, and if that's too steep for the wallet, there are other options that cater to every budget.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Sat, May 12 2018. 22:41 IST

RECOMMENDED FOR YOU

.