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Account Managers (Sales)
Industry: Finance
Location: Dubai, UAE -
Arabic Speaking Account Manager
Industry: Finance
Location: Dubai, UAE
Abramovich to pip Arabs in super yacht race
by Rob Corder on Monday, 16 July 2007
Four out of the top five luxury private yachts are owned by Middle East royalty, with the 525 foot Dubai, owned by His Highness Sheikh Mohammed bin Rashid Al Maktoum leading the list.
The vessel is larger than a Royal Navy Type 42 Destroyer.
According to data compiled by the Wall Street Journal, the Saudi royal family's 482 foot Abdul Aziz is second. It topped the list for more than 20 years before Sheikh Mohammed's Dubai was launched down the slipway.
Third is the Egyptian presidential yacht, El Horriya, which measures 478 feet.
Fourth is the 459 foot Al Salamah, owned by Saudi Arabia's Crown Prince and First Deputy Prime Minister Sultan Prince bin Abdul Aziz al Saud.
Larry Ellison, the founder of software giant Oracle, completes the top five with Rising Sun, a 455 foot yacht.
But everybody is going to be knocked down a notch in the near future when Russian billionaire Roman Abromovich, who already owns two super yachts - Pelorus at 377 feet and Ecstasea at 282 feet - launches Eclipse, rumoured to be at least 550 feet.
Eclipse is under construction in a Hamburg shipyard at an estimated cost of $300 million.
It is expected to have two helicopter pads, a swimming pool, three launch boats, and a private submarine. Newspapers report that the vessel will even have its own missile defense system.
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USER COMMENTS (2 COMMENTS)
Posted by T Crowe Semler, Riyadh, Saudi Arabia on 16 July 2007 at 19:00 UAE time
Whose yacht is BIGGER??? Does it relate to our traditional desire to compete. Or is it about "Inadequacy"...Can a super yacht make you a "super man"? This seems to be an age old question. Why do humans require so much to "float" their egos? It would be nice to see these yacht men donate the same amount of cost to a charity for children and the poor. Insha'Allah someday...
Posted by E, Dxb, UAE on 16 July 2007 at 16:00 UAE time
550ft! Why not round it up to 1,000ft?
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