Superyacht Sales Surge as Wealthy Seek Seclusion Despite Turmoil
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The mega-rich are taking to the waves like never before as the market for superyachts booms despite global turmoil.
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Makers like Azimut Benetti are seeing record sales and revenue growth of around 20% in 2022.
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The pandemic has increased desire for seclusion and custom designs catering to owners' tastes and hobbies.
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Owners are adding solar, wind, and hybrid propulsion systems to address superyachts' outsized environmental impact.
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Jeff Bezos recently took delivery of the 127-metre sailing yacht Koru, the world's largest, though it still has a diesel support vessel.