Portofino-Harbour-Berth

The Real Cost of Celebrity Mega Yachts

Turn the key of a 71-meter-plus yacht and 10 minutes later you will have spent $540 on fuel, according to research by yachting Web site Superyachts.com . Cruise to Porto Cervo in Sardinia in your 50-meter boat, and a berth in the marina will cost you over €2,500 a day, according to Swiss yacht management company Floating Life.

Owning a super yacht is obviously an expensive hobby. Super-yacht prices range from around $3.5 million for a 30-meter boat to more than $135 million for a 71-meter-plus mega yacht. But few people realize how the running costs can mount up.

Operating a yacht costs approximately 10% of the initial value of the boat every year, according to Tork Buckley, the Côte d’Azur-based editor of The Yacht Report. But this does not take into account unanticipated expenses, breakdown, berthing and accessories, which can easily raise costs by another 10%.

We found this handy infographic at Towergate that breaks it down:

Kimberly Varney

The Secret Language of Laundry

The modern laundry care label we see today is the evolution of an extensive classification and regulation system known as the ‘Textile and Wool

Kimberly Varney

Wardrobe Storage // Preservation

How do you go about protecting your precious wardrobe and keeping items in pristine condition? Garde Robe has provides some tips of the trade

Elizabeth Meyer

A PA’s Big Night

February 2015. A Monday. I started my new job as a celebrity personal assistant. I had landed my dream job. I was in the

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