Sign in to wowOwow

Enter the email address that you used when registering at wowOwow.
The password field is case sensitive. Click here if you have forgotten your password.

Please register for wowOwow

Newsletter subscriptions
Sign up to receive wowOwow's weekly newsletter and get our best picks delivered right to your inbox. Our newsletter content is hand-picked by the wowOwow editorial team and provides the top features, news, and commentary from our site. Subscribing to our newsletter is free and safe. We will never share your email or other information with a third-party without your direct consent.
By registering, you indicate that you have read and agree
with our privacy policy and terms of service.

Mary Wells | 06/20/2008 2:00 pm

Different World, Different Woes

Can you put your feet up and join me in a different world with its own different problems for a few minutes – just to refresh our brain cells? The entire boating world is changing. There are 2000 mega-yachts today over 120-feet long and 200,000 people jumping up and down to buy one. There are impatient people in that waiting line that are willing to buy an interim yacht simply to wait with. And the waiting line is expected to grow dramatically as it is like a virus in Russia. I know it doesn’t feel like it to you or to me but there is an incredible amount of disposable money in the world at the moment.

Click here for my photos of the mega-yachts of the superrich.

Many of these superrich people are from Russia, the Ukraine or India and the five largest mega-yachts are owned by Middle Easterners: The “Dubai” is 531.5 feet. The Russians are catching up with more new-builds than any other country and Roman Abramovich is said to own the brand new “Eclipse” and it is 531.5 feet too. Oneupmanship sparkles in the boat world but it appears that nobody has won the “mine’s bigger than yours” race as of now. The rumor circuit says the most talked-about new yacht coming down the chute is an amazing-looking 387-foot ship designed by Philippe Starck — some say for the two heads of Google – others say the linens have a big “A” initialed on them and it is really another Abramovich boat. I hear that it looks like a cool copy of the navy’s $100-billion stealth combat ship - without the guns. It tickles me to think that maybe the Google lads and Starck are way out in front with a completely new approach to boat design at a time when the Russians and Middle Easterners hold the oil cards (a boat’s greatest expense these days is fuel). But Abramovich is gutsy and knows boats! Another rumor has it owned by the owner of a Latvian bank! Boats like these can cost $250 million.

Massive boats are like private cruise ships — 250- to 500-feet long. They have infinity pools (some have two), gyms, spas, complete theaters, stunning bars, submarines to play with as well as sailboats, helicopters to view the world in, newspapers printed from anywhere in the world and the largest Sonys on the walls for news, huge party platforms, private owner’s apartments with custom-designed walk-in closets, cars, tenders that are really serious boats – some of them are air-conditioned.

You know, big isn’t always comfortable. Many of these mega-yachts are really business yachts or ego yachts. They cram as much as they can for as many people as they can into them and the objective is not necessarily good boat design. The boats get taller and taller with more layers and rely more and more on stabilizers for stability. I have been on them and even with all the stabilizers they can rock-a-bye-baby all through dinner.

The purpose of the mega-yachts has changed from the day when there were few boats over a hundred feet and people went out on them as if on a glorious picnic. Everybody actually swam in a clean sea, then stretched out in the sun and allowed the sailing boat to dry them. There were no submarines on boats, no movie theaters – people enjoyed the beautiful clean coves to swim in and they enjoyed lounging, reading books, talking, feeling healthy and fresh and good in the beautiful world. It was a world of peace. They felt safe then — safe from Jet Skis, safe from jellyfish (which have multiplied drastically in dirty seas), safe from the sun – the new boats are being built with more and more shade. And they felt safe from attack. Some of the biggest yachts provide a high degree of privacy and security and, with the huge improvement of electronics, technology and the reliability of engineering, people can run a business from them. The independence factor has great appeal when you are conducting mega-business or are a megastar.

45 Reader Comments (so far…) Sign In or Register to comment

GEORGE WU, A.I.A.
I speak only for myself. Since I travelled around the world three months in my honey moon trip right after college in New york, all these years, whenever people tried to impress me with their trips here and there, I just felt nothing!—-dancewu(dot)net
By GEORGE WU, A.I.A. on 06/20/2008 2:18 pm
Get Sporty
It’s not trying to impress it’s called sharing so our minds and experience and awareness can also grow.
By Get Sporty on 06/20/2008 2:31 pm
Get Sporty
An interesting peek inside mega-yacht world. With the pragmatics of global warming and just a desire to go and see, a beautiful, elegant and reasonably sized boat like yours would be super. “When I was brown as toast and proud of it; when I thought that the world was clean and the seas sparkled around me and felt so right. I can close my eyes and feel it now.” Isn’t that the truth. Have always lived by the sea with a feeling like CZ Guest’s Villa Artemis picture. A world that has been slowly erased. Ce’st la vie…get with the program and keep on going. In the South of France with the Russian mob and Brad and Angelina. Mon Vie Part ll. And now I’ll know more about the mega-boats hunkering just off shore with their secret worlds of intrigues. Thank you. Hope to see more glimpses into the boating life during the summer.
By Get Sporty on 06/20/2008 2:29 pm
beth willis
Mary Wells, some people would write about the world of yachts in such a way that both the yacht and the owner seemed so pretentious, neither would be inviting. Your descriptions convey a way of life you graciously adore and sincerely hope will not be compromised by others’ need for pretense and ostentacion. Sometimes too big really is too big. Enjoy life on the seas. Peace and grace
By beth willis on 06/20/2008 2:36 pm
Lady Gator
What was the cost again? 250 Million? Wow, I guess I’ll have to wait until “my ship comes in” before I can afford it!!!
By Lady Gator on 06/20/2008 2:58 pm
Restless Gal
I am sad today because I am removing WowOWow from my bookmarks. Yachts???? I had admired many of the women who started this site and I had hoped for some cyber-connections with women I would not otherwise meet in life. I am bright, I am successful, I am somewhat interesting. But life has humbled me, most recently with a college-aged daughter diagnosed with epilepsy. I don’t relate to yachts or even the interest in yachts anymore.
By Restless Gal on 06/20/2008 3:26 pm
beverly linens
Don’t! I’m so sorry life has thrown you a bad deal, but you and your daughter will survive and thrive. As long as you are breathing you can deal. Those who have a lot only look like their lives are trouble free. That is what I used to tell my daughter when she was young and struggling. Now she understands what I meant. She is now 53 and has had both the low and the high. When life is good don’t get too confortable. That’s another one of my sayings. Look out, that is when life gets you.
By beverly linens on 06/20/2008 4:30 pm
Get Sporty
Midwestern Gal, Am very sorry to hear about your daughter. I would feel devastated too. I was a longtime volunteer with the MS Society because my beautiful cousin was diagnosed with it at 18. I used to provide resources for people who were just diagnosed. So please think about finding a support group, go to the major medical center sites and look for their practice areas because they often provide advice, and you might find an online support group like Yahoo Groups. If you are too tired and upset to do research I am an excellent researcher and can donate 5-6 hours to look and provide links for you if it helps. I know you must be terribly shaken. Don’t give up on wOw. If you haven’t read Mary Well’s Big Life in Advertising—-do. She wrote a bit about her serious medical problem that handled so well was a big inspiration for me when later I also had something challenging. Come back….there’s a lot here to irritate and also gladden because there are so many different types. I love the boat thing….it’s hard to please everyone. Take good care. And do contact me through my site if I can help you do some research for you while you catch a second wind. http://web.mac.com/myfrenchheart
By Get Sporty on 06/20/2008 4:56 pm
Peggy Sue
Midwestern Gal, being a midwesterner myself, I can understand how this subject is not of much relevance to us. I can also see that by viewing this worlds extravagant lifestyles, I am able to examine my own beliefs more. Your daughters diagnoses must be difficult. And by seeing your posting and the extreme waste of these yachts, I know that should I ever have the means to purchase, I would not. I know that I would do something to help the world rather than contribute to such ego building floating mansions. It is with people like yourself that makes this site fun. I with you and your daughter happiness.
By Peggy Sue on 06/20/2008 5:34 pm
Peggy Sue
I wish you and your daughter happiness!
By Peggy Sue on 06/20/2008 5:35 pm
kermie b
I just got home from a grueling night at work and do I want to talk about yachts? (Well, maybe, if I hit the lottery.) But there are so many other topics here, and we need all points of view—just one woman leaving is a great loss. Please don’t leave on the basis of one topic. Make it many topics! Make your voice heard! Seriously. We need as may voices as we can get, and it starts with you.
By kermie b on 06/21/2008 12:45 am
kermie b
I meant “many”. Guess that killed the drama.
By kermie b on 06/21/2008 12:46 am
phyllis Doyle Pepe
Not necessarily.
By phyllis Doyle Pepe on 06/21/2008 8:25 am
Gianna Bracco
Dear Midwestern Gal, Coming from one midwestern gal to another, give WoW another chance. We need to be represented! There seem to be a whole bunch of California girls on this site, and they need our down-to-earth point of view! Anyway, where would you find this many people who care enough to ask you to stay? It’s a perfectly natural reaction that you wouldn’t be very interested in anything right now, let alone the lives of the rich and famous, but you will find other topics more in step with who you are. Truthfully, sometimes I barely read the articles, I’m just scrolling down to read the other women’s comments! Good Luck to you and your daughter…
By Gianna Bracco on 06/21/2008 4:40 pm
Liza D 08 .... beta
Oh, my …. it all sounds so lovely. All these people worked hard to have these wonderful boats, ships, yachts. I am happy for them. and it is alright to say out loud that I am jealous. I mean no harm. I wish it were M and me. Oh, well maybe in my next life I will have a beautiful boat for now I will happy taking M to the park and sailing our little plastic boats in the pond. You should see M with his little boats … he is so happy and we laugh and play and this is worth more than a gazzillionteentrillion dollars.
By Liza D 08 .... beta on 06/20/2008 3:35 pm