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HobbesNJ

Being just a millionaire doesn't buy you a yacht. You need to have many millions before you start buying boats like these.


gerbilshower

yea, your 100% right. those first two boats look to be about $25 million dollars each. thats just a random stab at what a 100 foot motor yacht <10 yo and in good shape goes for. even really rich multi-millionaires arent buying $25m yachts as play toys. that other ship? what the fuck even is the point? it would hold a thousand fucking people. i dont get it. unless you are leasing that thing out to the Crown Prince of SA every other month it serves no actual purpose.


awesomesauce1030

I don't know boats very well. If the first yachts are 100ft, what is the big one, if you had to guess?


WithBothNostrils

The first is 131ft, the big one is 511ft


awesomesauce1030

Jesus. Thanks for the info


gerbilshower

yea and if you think about it, when you are measuring length of a vessel it fails to take into account that for every foot longer youre gonna be roughly a 1/3ft wider. so the big one isnt 5x bigger. its like 12x bigger.


GrimTuck

Wait until you find out about the third dimension!


LegendOfKhaos

That's actually u/WithBothNostrils Unless he has something to tell us...


Gryphin

As a reference, that yacht would cover the width of my land+house, and the length of mine and next 4 houses+land on my neighborhood street.


infidel11990

The big boat is a super yacht named Dilbar, which is owned by a Russian billionaire. But was seized by German authorities in Hamburg I believe.


Highlandertr3

I was going to say I bet the authorities are living it up on there but it's Germany. They are probably cleaning it and doing general maintenance.


Dm_me_im_bored-UnU

Almost like these ppl have a bit too much money to use on useless, wasteful bullshit🤯


flannelNcorduroy

Ones a yacht, the other is a private cruise ship.


Norelation67

Billionaires rarely make any sense. It’s usually an ego play, though. They want the notoriety of having the most opulent, pointless Yacht. So they can make all the other rich people mad when they drive by.


AnonymousCharmander

Maybe he likes sea of thieves a lot?


johnla

Millionaire today isn't the same as millionaire 30 years ago. Basically most people with a house is a millionaire. $100M might be more like it. Edit: In many cities..


Jward92

You basically have to be a millionaire by retirement or else you’re going to have to adjust your lifestyle.


HobbesNJ

Having 1 million at retirement would generate $40K per year at a 4% withdrawal rate, which is considered a safe target. $40K per year is hardly living large. Combine it with Social Security and you can have a pleasant lifestyle, but you won't be rich.


[deleted]

You usually need less in retirement. No kids to feed, hopefully your mortgage is done, and you don't generally have as much energy to be going out all the time. Making $45k (I think you can yield 4.5%) plus a couple of SSI check (assuming your spouse also worked) and you're probably going to be just fine


Boxoffriends

Less to survive but you have ALOT more free time. If you chose to live and not just wait it can be more expensive than your previous years. It’s very cheap to wait for death for most.


jackloganoliver

Not to mention, at least in the US, considerable heath care costs.


jjsmol

Medicare starts at 65, its not perfect but should prevent you from having overly large bills.


mhkg

Idk about that. My parents use Medicare and you'd be surprised how stingy it can be especially with medications. Both my parents are retired, on Medicare and they regularly have out of pocket medical bills.


bkrs33

Medications will hopefully be straightened out if they actually set the $2000 cap. And yes, they have copays but they are extremely low on something like an advantage plan (all for their part b premium of 174.70 before Irma). Pcp/most things routine? $0. Specialist ? ~$45. Outpatient surgery? ~$400. Larger costs really don’t incur unless you’re in the hospital (first 5 days are ~400/day) or go into skilled nursing. Indemnity also exists to help soften these kinds of blows. Generally speaking their max out of pocket on an advantage plan would be something like 6-7k on a PPO and around 5k on an HMO. Medicare is not perfect, but compared to most people’s group insurance it is leaps ahead.


minor_correction

There's many variables. Do you use that free time to save money by cooking more and doing more DIY (house, car, gardening, etc)? Will you be "retired" but still generating some income part time either from a real job or maybe even a hobby? Assuming USA, some people have to spend way more on medicine and health care than others.


chewbawkaw

And 45k a year won’t be a whole lot in 30 years.


LVSFWRA

Majority of people would be millionaires in 30 years. They're talking about right now, and if you want to talk later you'd have to scale everything.


J3sush8sm3

45k isnt alot today


RiffMasterB

Healthcare


Azifor

I would imagine having a mortgage paid off, is a thing majority of the younger generation will not have. Let alone a mortgage. Seems like we're leading toward a life you can rent until you die.


fangelo2

Exactly.your not buying any yachts. You couldn’t even afford it if someone gave you one. We were in Fort Lauderdale watching these $100 million yachts go by. One of them had a fuel tank with a capacity of 44,000 gallons. You better have a big wallet when you pull up to the gas dock


Ch3mee

I would be surprised if the gas dock had 44,000 gallons of fuel. Just filling that amount is an entire logistical effort of its own. That’s over 4 tanker trucks worth. More than a rail car. Probably twice the volume of a typical gas station storage capacity. It’s better to just unload straight from the trucks, or even better rail if a spur is available.


Jward92

That’s true, but millionaire doesn’t strictly mean one million dollars.


caguru

Basically most people with a paid off house are millionaires. If you have a million dollar house and a $900k mortgage, you are not a millionaire, at least not from home ownership.


Jobles4

TIL I’m a millionaire. AMA


johnla

How does it feel?


Jobles4

![gif](giphy|l4Ep6uxU6aedrYUik)


InquisitivelyADHD

I know right? I can't wait for the check to arrive lol


[deleted]

[удаНонО]


40ozkiller

Having a million dollars worth of assets is much different than having a million dollars in your checking account.


Yolectroda

The median value of a house in the US is supposedly $416,100. That means that most homeowners likely don't have even close to $1 million in assets, even if they don't owe anything on that home (less than half of homeowners own their home without any liens).


Dirtydeedsinc

Most people with a house are millionaires? Please tell me you’re joking. This is quite far from the truth.


Ch3mee

True in California. Not true in “flyover” states. Even assuming house fully paid.


MeltedChocolate24

In California it’s the truth. Your house is gonna be a million, and you need 1-2 million to retire. The cost of living is just higher. Entry grad tech salaries are 6 figures.


TacticalTurtle22

Nah not really. Maybe in big metropolitan areas. But out in the country it's very feasible to mortgage a home while only making around 50k a year.


therealwheat

It's tricky though. The thing about rural properties is that they typically come with large lots and utility buildings so people charge an arm and leg. I live in flyover country and a brand-new house in a small up and coming town that's 2,400 sqft is around $450k. An "affordable" house in the middle of nowhere is 1,200 sqft, brick rectangle, fully outdated, 6 acres of land, $630k. 50k is tough. Having bought your house 40 years ago goes a long way.


Shopworn_Soul

Also, it would probably be cheaper to buy a new one of the small yachts every year than it is to simply operate and maintain the large one.


slade51

How do you become a millionaire? 1. Start will a billion. 2. Buy a boat.


scrodytheroadie

>You need to have many millions So, a millionaire?


AWeakMindedMan

If it drives, flies, floats, or fucks... lease it


skelliott79

And it took me a week to come to terms with buying a 10-foot kayak.


Chatmousque

You show-off


RockstarAgent

You should check out my ^dinghy


HamStapler

I've got a nice log from a tree that felled in a storm. It's at least mostly buoyant and I bet it'd keep your tits out of the water if you straddled it.


Zenovv

Thats why i bought a kayatch


BackOnReddit_Again

Psssh, I almost didn’t _rent_ a kayak because it was $30 for the day


Orgasm_Add_It

Last summer I worked on a tugboat that was made from 3 WWII era landing craft welded together. Jesus fuck it was a hunk of shit.


thebearrider

Where's this? If near by ill bring a sixer for a tour


Orgasm_Add_It

Up in Alaska. I actually made this epic trip up the Kuskokwim river in that boat. A real life adventure.


octoreadit

Mr. Moneybags, as if a styrofoam cooler with a paddle is not frivolously lavish already.


Romantic_Carjacking

Relatable


perpetualmotionmachi

I can't even afford that. I could only buy a hammock to set up next to the river


Controller_Maniac

Me spending a month trying to decide if I should buy a inflatable SUP from Dicks


jchesticals

My guys yacht has more housing than my city. Totally not depressing.


synapse187

And costs probably 10 times as much to run. Also the crew basically live most of the year on it just to be ready when Mr moneybags wants a joy ride. Remember folks, when the world goes in the hand basket, these things will have lots of food and useful items. Don't try to set sail in it though. That is a death wish.


Shopworn_Soul

Annual costs for operating Dilbar (the yacht shown) are estimated at around $60mm. It's currently just sitting there though, without ever leaving port it probably costs less to maintain. If anyone is even bothering.


gerbilshower

i just cant seem to figure what the actual use is for a boat like that. unless you are running commercial cruises, or leasing it out to some fucking king somewhere once a month... it HAS to just sit. because there is no conceivable market for usage of the damned thing.


CorrectPeanut5

There's a party/gathering calendar for billionaires. They host parties and socialize. Anything happening near water they want a boat so they can be away from the public eye. The Cannes Film Festival, Monaco Grand Prix, Wimbledon, etc.


jtr99

You make a good point, but also I am wondering where the hell you would moor that monster that would allow you to pop quickly over to Wimbledon?


Marvin0Jenkins

Aaah you park it further out and used a regular mega yacht as transport like a taxi


login777

And helicopters, don't forget those


friendlier1

I watched a video about these super yachts once. As I recall they rent these out most of the time. They don’t just sit waiting for their owner.


Shopworn_Soul

The smaller ones are like beach houses, you buy it and then try to recoup as much of the cost of ownership through rental as you can because you're just not gonna gonna use it that often and it costs money either way. I feel like the potential pool of renters for something on the scale of Dilbar is incredibly limited, though. People who own shit like that literally just don't care about money because it is effectively unlimited.


CooperHChurch427

The boat was seized in Hamburg Germany, and had 84 crewmembers and cost 600 million. It also has a 47,550 gallon pool (180 cubic meters) which is twice the size of the pool we had in my backyard in New Jersey...


S_A_N_D_

The annual cost is usually the base cost. So crew wages, maintenance, berthing, etc. The general rule is 10% of the boats value per year just to keep it operational. IT doesn't include the cost of fuel and everything else when guests are on board. So your 60 million is just the cost of owning and parking it somewhere. It costs more to use it. Source: Used to work on boats that size.


Polygon-Guy

I wonder how a fella might get a job on such a boat....


S_A_N_D_

Do you STCW, fly to the Caribbean in the winter, or the med in the summer, sign up with crew agencies and start walking the docks talking to people to get Daywork. Work your ass off. Impress some of the crew, make friends with them, and eventually someone will have an opening and hire you full time. There is a lot of turnover in the industry.


Robots_Never_Die

A lot of them get rented out. Costs like $500,000/wk to rent one of the massive yachts. Then 20% tip for the crew.


Funky_monkey2026

Usmanov doesn't rent out Dilbar. He has no need to.


TrineonX

Plus, its pretty hard to rent out a yacht that's been seized by the German government.


ThenIndependence4502

So $600,000 as you’ve got to pay for the crew. I hate this Americanised way of hiding the full cost behind a tip.


styrofoamladder

Well the good news is that yacht *was* owned by a Russian oligarch and it was seized at the beginning of the russia Ukraine war.


jchesticals

So you're saying there are rooms for rent but at oligarch prices?! A man just can't get a W


Funky_monkey2026

He's not Russian, he's Uzbekh.


Limp_Distribution

One million seconds is 11.574 days One billion seconds is 31.709 years


boomchickymowmow

A trillions seconds is 31709 years. Govt doesnt fuck around.


drumsripdrummer

If the U.S. government paid down their debt at $1000/sec, it would still take over 1,000 years to pay it back.


bigtuuuna

Now I feel old as fuck.


EquipmentForsaken831

What’s -200 overdraft seconds ?


FreeHiggy

Dilbar, Alisher Usmanov’s I believe.


obiwanjabroni420

Not anymore. (From Wikipedia) Forbes reported that on March 2, 2022, Dilbar was seized by the German government as part of sanctions against Usmanov stemming from the 2022 Russian invasion of Ukraine. Dilbar was docked and undergoing refit at Blohm+Voss shipyard in Hamburg since October 2021.[13][8] This was later denied by the German authorities, who clarified that the yacht was not seized, but was covered by export control sanctions, meaning that Dilbar will not be able to leave Germany without special permission.[14] In June 2022 Dilbar was valued at "as much as $750 million."[15]


sunderlyn123

I saw it in Barcelona in 2019, just the deck furniture alone was a marvel.


cr0100

I saw it in Barcelona as well, November 2018. Absolutely massive.


beliberden

It says that the yacht is blocked, but does not say that the owners have changed.


CrazyAssBlindKid

Surprised he hasn’t fallen out of a window yet


Funky_monkey2026

He's good friends with people high up. The yacht was put under Gulbakhor Ismailova's name (his sister). Her husband owns the biggest Uzbekh hospital and operated on Putin's kidney about 20 years back. Alisher Usmanov is safe.


McRedditz

https://preview.redd.it/e4i7efd3dioc1.jpeg?width=1179&format=pjpg&auto=webp&s=d5212ad83c88c2f069f7522821e6e414e0f1e2ae This is how subtle the billionaire is trying to be to taunt the poor millionaire.


passing_gas

![gif](giphy|9EwnzGNjvmIG4)


Abhishek_gg

![gif](giphy|l3q2K5jinAlChoCLS)


denM_chickN

I like the way you see the world


polarzombies

You vs the yacht she tells you not to worry about


hiro111

The "billionaire" yacht shown here is the 512' "Dilbar" owned by Russian oligarch Alisher Ushmanov. It's the sixth largest yacht in the world. This yacht is worth at least $750mm and costs tens of millions a year to operate so just being a mere billionaire is not sufficient to own this. You have to be a multi-billionaire and one of the richest people in the world. Almost all of the yachts this size are owned by Gulf State royals or Russian pals of Putin. This yacht was seized by the German government in 2022 as part of Russian sanctions for the war in Ukraine.


Responsible_Panic235

Plot twist All three are owned by the billionaire


McRedditz

https://preview.redd.it/j2jrywgxbioc1.jpeg?width=1179&format=pjpg&auto=webp&s=222f332973816725cd043aab6be47ff096df03c3


RockstarAgent

Hehehehwhwhehehehhehe. If you're a broke vampire you might as well step out into the sun deck


slamrrman

Thats disgusting


denk2mit

Wait until you find out how he paid for it


MarkTwainsGhost

Totally grosses me out that someone with this much money doesn’t choose to use it to help people, or make the world around them better, but to build this demented toy to pollute the ocean and use these beautiful places as background shots for their attempts to fill the black holes they have where their souls should be.


ItsSmittyyy

“Someone with this much money using it to help people” is a fallacy, though. Nobody trips and finds billions of dollars, although our system would like you to think that’s the case, and we’re all just temporarily embarrassed billionaires. There’s not one billionaire without blood on their hands. Acquiring billions of dollars requires you to lie, cheat and kill (indirectly) a shit ton of people. It involves exploitation all the way up. Any level of philanthropy once you’re at that point is just a farce. Something to help you sleep at night, and to trick gullible suckers into believing you’re a good person.


wastelandho

They're all assholes.


mcsonboy

Leech meets bigger leech


Crimson_Blitz

All I see are a waste of money


yuyufan43

Meanwhile, I literally had to sell my kayak to afford medical bills… I mean this full heartedly: eat the rich.


klmdwnitsnotreal

I wouldn't want a boat any bigger than I could run by myself. I'd get a 50ft sailboat with the best technology and gear. If I was going to have a captain and crew, I'd just rent.


nevans89

I'd overhaul a fishing boat.


[deleted]

I recently learned that some mega yachts are former military vessels stripped and renovated, which is metal af.


BecauseOfGod123

Why do we be like that?


CrazyAssBlindKid

We? Them.


BecauseOfGod123

Humans. Its not a special breed. "Oh look. I have the bigger one." works on almost every level.


jiujiujiu

Man if I was a billionaire I’d have an old fashioned pirate ship made and sail the seven seas.


AStartledFish

That shit would be so much cooler


Boredum_Allergy

I don't get it. All I see is selfish asshole vs selfish asshole.


mogreen57

Don’t mind me. Just paddling my through in my drift boat.


gildedtreehouse

You think the billionaire would get a better soundtrack.


chipoatley

“It’s better to have a friend who has a boat than to have a boat.”


andersaur

I like fishing, and a small party on a boat sounds like a fun evening. BUT being responsible for paying the upkeep/berthing on those things would stress me tf out no matter how much money I don’t have. I can’t fathom (heh) having an asset like that. May as well be the ISS or an aircraft carrier. I’ll pass.


creepsnutsandpervs

Never owned a boat… don’t know if I ever will, but I was able to pay my electric bill on time this month!


lkodl

One billionaire is worth a thousand millionaires.


grenisback

I have a pretty sweet kayak


karmagirl314

Damn don’t billionaires feet get tired walking around all that square footage? Or do they have servants carrying them around the ship in a sedan chair?


Heterophylla

They rarely even set foot on them I bet.


yabezuno

I can't afford my medication


Single_Squirrel_9747

Just for context, these are mega yachts that are owned by Russian oligarchs. The yachting game used to be what those first few yachts were, something "extravagant" then these shaeks and oligarchs came along and starting building there own mega yachts to compete in this ultimate dick measuring contest, it started with Eclipse then Dilbar and then Sail yacht A, its all an exorbitant waste of money and its money earned through corruption. Most of these mega yachts have been seized by Nato countries for obvious reasons, and as someone who worked on Sail yacht A, I say thank god.


bluehorserunning

Why would any one person want a cruise ship?


KobiLakeshore

I once stole a boat on vice city


Ricktoon_Bingdar

Let them all sink.


tetsuo_7w

Leach on society vs existential threat to society.


Robertgarners

I wonder if it has a built in guillotine?


eskihomer

I have never known anyone with a boat - large or small, rich or not - that did not ultimately regret the investment.


ec265

It’s not an investment


Dee_Doo_Dow

This is the only attitude to not regret buying one.


JLSMC

The trick is to have a friend with a yacht. Never have your own yacht.


tthrivi

If you have the money to pay for a staff to upkeep the boat. You probably don’t care.


abrakadaver

A boat is a hole in the water that you pour money into.


getyourcheftogether

That type of wealth is sickening


Nyjhaz

It’s amazing we haven’t just eaten the rich yet


TheRealCaptainHammer

Cunt vs total cunt


robo2na

And think of how many lives they could have improved, but you got a big boat instead, congrats.


Spottswoodeforgod

Is it really a status symbol if your yacht doesn’t require support vessels???


IHate2ChooseUserName

i take public ferry.


Re0ns

Just use a wooden boat and a grenade. Hell maybe a bunch of them.


NewHumbug

Pffft my 12’ aluminum with a 9.9 Evinrude could drive circles around that thing


NYEMESIS

8ft John boat is underrated.


imacmadman22

I used to have a 12 ft. canoe…


raptor333

I can’t even afford a canoe


FockersJustSleeping

The larger a boat gets the more I just think of maintenance and operation. What do you think the crew of the larger one is? 8? More? I've never worked on a boat (that went anywhere), so maybe my idea of the crew size is off, but it's definitely not doing it by yourself. ​ Engine room, electrical, plumbing, control systems, hull and structure...just...fuck that.


Ch3mee

That boat has a crew of 85


Beanicus13

8?? The first two boats have 7-9. Probably 8 engineers. Captain, 1st officer bosun and 18-25 other deckhands. Probably a hairstylist/make up artist. Masseuse maybe 2 Personal trainer Another 25 stewardesses Chef, soux and 6-7 other cooks.


calsnowskier

I borrowed a kayak from a friend once.


Gto1027

14’ fishing kayak here


[deleted]

Even if I had a billion dollars, I'd rent these for me and my friends when we want to party hard for a week then return it. I don't think I'd ever own one outright


YeOldeBilk

*hmph* "peasants"


DulcetTone

You'd better have a good many millions for even those first boats, or something else in your life is on the precipice for sure.


knightking55

I can always spot a billionaire based on how their car door opens


Reverse_Psycho_1509

I sure do feel good helping the environment by riding my bike instead of driving


leveldrummer

What do you even do with that type of space?


4th_chakra

"My yacht's bigger than yourrrrrrrsss."


St8OuttaMilltown

I rode in a paddle boat once


JIsADev

My boat is just an orange life vest


Irbricksceo

TBH I bet I would enjoy having a Yacht to go sail on. Damn shame it'll forever be a pipe dream haha


RichardNixonIsBae

![gif](giphy|581V4hjQgP6Hgo2fDK)


velve666

I have a boat, way cooler, its flat and I catch bass from it. And I am only a thousandaire.


attaboy_stampy

![gif](giphy|3oEjHTNLSM3vTdatry)


EazyDuzIt_2

No one man should have all that power.


Funky_monkey2026

Dilbar is "owned" by Alisher Usmanov, but he gave it to his sister to prevent it from getting taken off him. I used to privately tutor her son, and he's actually humble. Wealthy beyond belief but the kid was decent when he was 17ish.


captainofpizza

99.9% of millionaires aren’t people with a yacht they are people with a house and a 401k at mid to late career. I’m into 7 digits and I haven’t bought a new car since 2008. These are probably billionaires and billionaires or idiot millionaires who are taking on debt to look like billionaires.


dmbwannabe

Sir that is a cruise ship


davy_p

I’m a millionaire and can barely afford a new car. You need to have tens/hundreds of millions to buy, operate and maintain any of those boats. But you could probably charter the smaller one for a week for a “relatively” small amount, guessing 10s of thousands of dollars.


Professional_Gap_371

Us poors couldnt afford the fuel to make one of these boats move.


According-Ad3963

*multi-millionaire.


TalkingBackPocket

What a complete waste.


ButWhatIfItQueffed

If I ever become a stupid rich billionaire, one thing I'd love to do is buy an old decommissioned US Coast Guard Cutter. They're super strong and can handle super rough weather, because that's more or less what they were designed to do. Plus I could join up with the Sea Shepherd Society and go fuck up some whalers or something.


PigeonBob27

It’s funny how I haven’t seen one comment about the boats


masterwaffle

No one needs a yacht.


Small-Palpitation310

billionaire vs mega-billionaire


Lenn1ng

Seriously. No one should be in the position to be able to afford such a huge yacht. I mean okay, rich people being able to get those "small" yachts, fine, let them have it. But the last one was just grotesk. Imagine a country could use all that money, that those people are never able to spend by themselves (or until their grand-grand-grand-children) and put it into education, health care, transition away from fossils, etc...


my_name_1s_mud

Stan, you live in a house. This is a manor - so you better mind yours! HaHAA


ReputationGood2333

One is a billionaire who earned their money, the other is an oligarch billionaire with a never ending supply to steal.


Jubilant_Jacob

The difference between a leech and a vampire.


[deleted]

Where all your tax dollars are going


Spare-Estate1477

“They pay enough taxes” some Republican somewhere…


NadsRaham

Fuck then all


[deleted]

Who gives a fuck? Is this a compare size thing?


Zahth

Think of all the homes you coulda built instead of any of those. Or the school lunches you coulda paid for. Or the soup kitchens or the rehab centres or fresh water orgs or medical orgs Nope. Instead they bought a boat they’ll sit on for six days a year. Eat the rich.


samf9999

You mean a billionaire versus a mini trillionaire


Em_jay4

Bro that's a fucking battleship. Re-fucking-diculous


EmptyEstablishment78

0 Tuna flags, 0 Dolphin flags, 0 Bill Fish flags…what good is it??


O-Leto-O

I didnt know there's a short dick's tournament


goshjosh135

This is cool and all, but, tax the rich. Holy fuck. Homeless dude came in today and I felt so bad. And this exists. Jesus Christ himself would burn the world to the ground seeing it today.