Growing market: Ever more rich people want mega-yachts costing up to $50m (BBC)

[eppur_se_muova]

Mega-yacht maker pushes out the boat
By Jorn Madslien
Business reporter, BBC News, Viareggio, Italy

After years of running his own business, Paolo Vitelli has decided to commission his own yacht.

"I want to create my own monument," the 60-year-old Italian entrepreneur says as he gazes across the sprawling ship building yard, where a massive crane is getting ready to lower yet another multi-storey motor yacht into the harbour's choppy waters.

Mr Vitelli has chosen a relatively modest yacht; a 103 feet long Azimut sports yacht, with a list price of 7m euros ($10m £5m).
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As one of the world's biggest players in the fast-growing market for hyper-luxurious motor-yachts, its multi-storey crafts can cost as much as $50m (£25m) and stretch from 24 metres to 85 metres in length.

And yes, they are metres - the world's wealthy all know that feet will not do when describing seriously large yachts.
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more: http://news.bbc.co.uk/2/hi/business/6932823.stm

Nice to see some people in this world still have plenty of "disposable" income.