Charter - Sign of the Times?

Wow, that is an amazing story. I need to re-read it: I don't think it gives Mr. Berezovsky's first name, but from the context (Russian, extremely wealthy, sought asylum), I assume he's the same Berezovsky who's generally credited with picking Vladimir Putin to succeed Boris Yeltsin. See, e.g.

The Man Without a Face by Masha Gessen ? review | Books | The Guardian

Hi,

What a pleasant read that is to see so many of the folks I am on a first name terms with exposed their secrets to the world.

I was on a boat in the 90's where we had Berezovsky as a regular charterer.

I wonder if the Captain who secured his large commission whilst employed by the family who bought it is still employed by the family?

Oops, duh, it says Boris Berezovsky right on the title page. I found that e-reader in the previous link hard to cope with, so I found this plain HTML version on the British and Irish Legal Information Institute web site:

Berezovsky & Anor v Edmiston & Company Ltd & Anor [2010] EWHC 1883 (Comm) (26 July 2010)

Re: 13646

Pardon me for asking what is likely to be yet another obtuse question: at today's exchange rate, the cost for that yacht is, what, $188M--correct?

If the gentleman who was purchasing the yacht was struggling to stay current with the periodic payments, does that mean that the yacht in question (would have) represented a substantial portion of his net worth? If this is the case, is such a leveraged (for lack of a better term, I guess) purchase common among yacht owners?

Although I intend for my vessel to be my primary residence, I was of the opinion that it should represent a minority of one's net worth.