Back
Billionaire faces backlash after images of docked $160 million superyacht circulate online: 'Unbridled greed'
Dec 17, 2024
The ultrarich may want to reconsider the "if you've got it, flaunt it" ethos in New York City.
Billionaire Lorenzo Fertitta, former CEO of the Ultimate Fighting Championship, drew the ire of the peasants by docking a 285-foot superyacht at Chelsea Piers in October, the New York Post reported. The newspaper noted it was a similar boat to those that had blocked views of the Statue of Liberty years prior.
The $160 million vessel looks like a floating skyscraper, and it was topped with a tall tower and a handful of radomes or satellite dishes. The top deck housed a helicopter, speedboat, and exercise bike, and the lower decks featured a large pool with cabanas and a sheltered hot tub surrounded by seating.
There's another hot tub on the bow, and the ship carries 12 passengers and 27 crew members. It's constructed of steel and aluminum and relies on the power of a pair of diesel engines that burn 160,000 liters of fuel.
It comes as no surprise that the ostentatious display sparked backlash, as the wealthiest people in the world are destroying the planet while they get richer on the backs of commoners.
Superyachts have proliferated since 2000, with 150 new launches every year, Common Dreams reported, citing research by Oxfam International. Even when they're moored, they emit toxic pollution — 22% of their overall output. Private jets draw a lot of attention around this issue, but these megayachts are three times as polluting.
12Shares
0Comments
10Favorites
19Likes
Say something to impress...
Loading...
Comments
Hot

No content at this moment.

Relevant people
US News100+
694 Followers
US News
Related