The French to a Russian billionaire: your yacht is just too big for our dock

U.S. billionaire, Charles Koch, suggested in National Review Online the other day that those who have been the most fortunate financially (for example, himself and his brother, David Koch) can do a better job allocating their money for societal benefit than can government. That may or may not be true in the specific case of Mr. Koch, but most of us are capable of spending large sums on things that do society little, if any, good. And spending money on leisure can be a source of immense enjoyment. But it’s a question of proportionality and scale.

From The Business Insider:

Billionaire Russian tycoon Roman Abramovich has been told to park his massive yacht, the Eclipse [pictured above], elsewhere by officials at the Antibes port on the French Riviera who said the boat would not fit on the so-called “Millionaires’ Berth,” according to the Daily Mail.

Abramovich reportedly sought to dock the Eclipse, which at 536 feet, is the world’s largest yacht, on Monday.

According to the Daily Mail:

But the port authorities immediately said that they already had enough tycoons’ boats moored up, and there was no possibility of them ‘squeezing Eclipse in’ because it was ‘far too big’.

‘Mr Abramovich has a villa in the town and is, of course, always welcome to disembark with his family, but with a yacht this size it was not possible,’ said a source in the Riviera port.

‘Instead Eclipse had to be sailed out to sea and left there.’

The $800 million boat has both an anti-missile defense system and an anti-paparazzi laser shield that can scan for nearby cameras, and then fire a beam of light at the photographer’s lens to destroy the photos.


About Guy N. Texas

Guy N. Texas is the pen name of a lawyer living in Dallas, who is now a liberal. He was once conservative, but this word has so morphed in meaning that he can no longer call himself that in good conscience. Guy has no political aspirations. He speaks only for himself.
This entry was posted in Culture, Economics, Income inequality, News. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s