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Charter - Sign of the Times?

Discussion in 'General Yachting Discussion' started by rodsteel, Jun 15, 2012.

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  1. Ward, Jun 21, 2012
    #21
    Ward

    Ward Senior Member

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    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
  2. K1W1, Jun 21, 2012
    #22
    K1W1

    K1W1 Senior Member

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    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?
  3. Ward, Jun 21, 2012
    #23
    Ward

    Ward Senior Member

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  4. Telemachus, Jun 21, 2012
    #24
    Telemachus

    Telemachus Senior Member

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    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.
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