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Unlike some cruise ports, superyacht marinas remain open amid coronavirus fears. An expert says it's because yachts are more hygienic and less monitored than cruise ships.
The biggest concern, he said, is Italy. With 12,462 coronavirus cases, the country is the second-hi…
Hillary Hoffower
Monaco — the infamous yachting destination on the French Riviera — has banned its millionaire residents from taking out their superyachts under coronavirus lockdown
Each year, Monaco hosts the Monaco Yacht Show, an event which drew 30,000 yachting industry insider…
Katie Warren
Billionaires are chartering superyachts for months at a time to ride out the coronavirus pandemic
Business Insider's Hillary Hoffower previously reported that though cruise ship ports have closed, …
Dominic-Madori Davis
The dark secret at the core of the yachting industry: 15 current and former crew members describe what it's really like to work on a superyacht, from bullying to sexual harassment
In conversations with Business Insider, yacht crew members described an endless cycle of abuse on b…
Hillary Hoffower
A 150-foot, champagne-colored superyacht reportedly once owned - and apparently abandoned - by Nicole Kidman just hit the market. Take a look inside.
Kidman's last estimated net worth was $338 million Australian (or $259 million US), according to th…
Taylor Nicole Rogers
Meet the billionaire behind iconic casinos like The Venetian and Marina Bay Sands, who's worth $37 billion, lives in a Vegas mansion, and has donated more than $25 million to Trump
He's also given millions of dollars in political contributions to high-profile Republican politicia…
Katie Warren
What it's like living as a millionaire in Montenegro, a tiny country called 'the next French Riviera,' where wealthy foreign buyers snap up luxury real estate and dock their yachts in glitzy marinas
The tiny European country, which is about the size of Connecticut, is home to approximately 64 mill…
Katie Warren
Take a sneak peek at the biggest and most expensive boats at 2024's Palm Beach yacht show
The Palm Beach International Boat Show, where the rich can find their next multimillion-dollar toy,…
Madeline Berg
I covered the climate crisis and COP28 from an oil-rich nation — here's what I learned and why I'm hopeful for the future
At COP28, the UAE is rife with climate contradictions that spilled into the climate discussions. Bu…
Catherine Boudreau
A 267-foot yacht with a hair salon and infinity pool has been 'abandoned' in the Caribbean and could be sold off but the Russian oligarch it's linked to says it isn't his
The US Department of the Treasury has linked the Alfa Nero to Andrey Guryev, who the department sai…
Huileng Tan
EU sanctions against Russian oligarchs leave hundreds of workers jobless on Italian island, report says
Some staff at Russian oligarchs' villas in Sardinia lost their jobs, while others were suspended wi…
Kate Duffy
Russian gas tycoon's $150 million luxury yacht reappears 2 weeks after switching off its tracking signals, data shows
The only reasons that the yachts would turn off trackers are if they don't want to be found or want…
Kate Duffy
Wealth empire of Roman Abramovich's billionaire business partners includes investments in luxury Caribbean resort, London church, and golf course in Czech Republic, documents show
Alexander Abramov and Aleksandr Frolov, who have a stake in Abramovich's Evraz, have over $130 mill…
Kate Duffy
Sanctioned Russian oligarchs could benefit from the UAE's golden visa program, which offers long-term residency in exchange for a multimillion-dollar investment
The program would require an investment of at least 10 million dirhams ($2.7 million) in a local co…
Sam Tabahriti
Russia's richest man Alexei Mordashov transferred control of a $1.1 billion stake in a mining company to his wife, filing shows
Russian oligarch and billionaire Alexei Mordashov also stepped down as director at Nordgold and fro…
Kate Duffy
I started a company to welcome more people of color into the predominantly-white yacht industry here's how I built my business
"I wanted people to visit my website and see people that looked like them," Sheila Ruffin said abou…
Jenny Powers
Every resident and staff member in Florida's most expensive ZIP code - a private island off the coast of Miami - can now get a coronavirus antibody blood test, and it shows just how differently the wealthy are riding out the pandemic
In a statement emailed to Business Insider, Fisher Island spokesperson Sissy DeMaria Koehne noted t…
Taylor Borden
2 restaurant views show how different visiting the glittering island of Capri is if you're not loaded with cash
Capri has always been a resort town, but the clientele has changed a bit since the days of vacation…
Tom Murray
The Billionaire Who Is Building A Titanic Replica Almost Sank His Own Yacht
The $5.3 million "Maximus" lost power and came close to colliding with a rock wall, according to th…
Alex Davies
Miami Is Finally Doing Something About Its Lack Of Mega-Yacht Parking Spots
This is undoubtedly something that keeps the proud residents of South Florida awake at night - awak…