World`s most expensive yacht – and Malaysian who spent €3.4bn on it

23.07.2011 [11:30]
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Baku, July 23 (AZERTAC). An anonymous Malaysian businessman has just dropped an incredible €3.4 BILLION on a yacht - made of solid gold.

That`s over ten times the amount Chelsea FC owner Roman Abramovitch spent on his megayacht, the Eclipse, which previously held the title of the world`s most expensive yacht.

There aren`t many people in the world who could afford such an extravagance, let along that many Malaysians - according to Forbes billionaires` list, only three Malaysians have a net worth of $5 billion or more.

If the $3.4 billion figure is accurate - and a representative from Stuart Hughes, the yacht`s maker, says it is - the most likely buyer is Robert Kuok, the richest man in Malaysia, with a net worth of $12.5 billion.

Kuok is the founder of the Shangri La hotel group, which operates luxury hotels across Asia, but the bulk of his wealth comes from his stake in Wilmar - the world`s largest listed palm oil company.

The luxury took three years to complete and is covered in 100,000 kilograms of precious metals - including a hull made of solid gold.

The master bedroom is particularly lavish - it`s adorned in platinum, and has wall art made of meteoric stone and (wait for it) the bones of a Tyrannosaurus Rex.

World`s most expensive yacht – and Malaysian who spent €3.4bn on it

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