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[–] 1 point 3 weeks ago (2 children)

1B is a bit low for superyachting, you gotta project 10% of purchase price as the annual cost and that'll be tens of millions a year. Gotta have a few more billion invested to stay in the green

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  • [–] 1 point 3 weeks ago (1 child)

    10 million is only 1% of 1B. That's enough for 100 years of yachting. Seems in the realm of reasonable to me.

    I was thinking of a super yacht that was less than 10M, so 10% upkeep would be less than 1M.

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  • [–] 1 point 2 weeks ago

    That's not a super yacht, that's just a yacht unfortunately. Super yachts are hundreds of millions. Yes, on that kind of yacht, you could get by essentially forever on 1B or even less.

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