New York (CNN Business) Today in ultra-billionaire news, Amazon founder Jeff Bezos has purchased a modest 100-foot schooner as he looks forward to a quieter life and hours of reflection on the open seas ... LOL, just kidding. The world's richest man is reportedly buying a boat, though that word feels inappropriately sensible for the monstrosity going to Captain Bezos: a 417-foot superyacht that's so massive it has its own "support yacht" with a helipad, according to Bloomberg . The estimated cost, not including the boat's support boat, is $500 million. The luxury yacht's Dutch manufacturer, Oceanco, hasn't released many details about the vessel, called Project 721. Half a billion bucks is an inconceivable amount of money for most people, but it's a small fraction of the $75 billion that Bezos gained in 2020 alone.

Source: CNN May 10, 2021 17:26 UTC