Superyacht Sales Surge as Wealthy Seek Seclusion and Sustainability on the Seas
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Despite economic turmoil, superyacht sales are surging, with revenues for makers like Azimut Benetti up 20% in 2022.
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The superyacht market is expected to more than double in the next decade, reaching nearly $20 billion in annual revenues.
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The pandemic has fueled demand for social distancing and seclusion among the ultra-wealthy.
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New superyacht designs emphasize customization and sustainability features like solar panels.
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Jeff Bezos recently took delivery of the world's largest sailing superyacht, the 127-meter Koru.