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Billionaires tend to work on superyachts

b96vodrtdrt by b96vodrtdrt
September 17, 2023
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Not just bosses, young people are also turning to working remotely on yachts, instead of the simpler way of working from home earlier - Photo: Fortune

Not just bosses, young people are also turning to working remotely on yachts, instead of the simpler way of working from home earlier – Photo: Fortune

Richard Lambert, head of sales at Burgess Yachts, said: Luck That COVID-19 has changed the way many people work. An explosion of yacht purchase orders, especially from wealthy people.

Super yacht becomes the new office

With the trend of remote working (which means working from home), super yachts have become the new workplace for this category.

Lambert said ultra-wealthy people are spending more time on yachts than ever before. Most of them are successful businessmen who actually run their own businesses, not the “old boy” types who take advantage of the family.

Therefore, the yacht has transformed from a recreational purpose into a mobile home and office. Lambert revealed that there are people who spend up to four months a year on a boat and still run a business effectively.

Covid-19 has changed how the super-rich think about living and working – Photo: LuxuryLaunch

Covid-19 has changed how the super-rich think about living and working – Photo: LuxuryLaunch

Of course, the use of yachts as meeting rooms or offices existed before the pandemic, but it is not a trend. One of the obstacles is that the power grid and internet are not as smooth as on the mainland.

Now, with the explosion of applications like Zoom, Google Meet and better internet infrastructure, it has become easier for entrepreneurs to work remotely. Therefore, billionaires and millionaires are using yachts more than ever.

New design standards for boats

This trend has inspired change in sailing itself. That ferry must be equipped with high-speed internet connection infrastructure.

To meet the new needs, spacious meeting rooms with beautiful views, luxurious working rooms and

To meet the new needs, many yachts are being built with beautiful views, luxurious offices and spacious living rooms with many facilities to “relax” between working hours – Photo: Boat International

Yachts also require a lot of space for children, as rich children will also follow their rich parents to live on yachts. Their room must have the ability to connect to Zoom for distance learning. Indispensable entertainment content for youth. Comfortable spa rooms for the grandparent generation should also be equipped.

Essentially, many buyers are looking for yachts with staterooms, Internet access, entertainment spaces, and gyms.

rich people never stop working

The boat itself is a symbol of relaxation. But with the new trend, boats have become a widespread place including offices. That’s because work is “in the blood” of the owners, Lambert said.

“Many people are self-employed. They are proud of their work and consider it part of their genes. Working is not just to earn money, but is also part of their existence,” he said.

People who strike out on their own (including those who come from wealthy families but whose parents are one of the factors making business more favorable) often view work and leisure as inseparable.  Go.  Therefore, boats are no longer the completely comfortable places they used to be - Photo: Boat International

People who strike out on their own (including those who come from wealthy families but whose parents are one of the factors making business more favorable) often view work and leisure as inseparable. Go. Therefore, boats are no longer the completely comfortable places they used to be – Photo: Boat International

Perhaps this habit of “working non-stop” is the reason why the number of billionaires in America is increasing rapidly. According to New YorkerThe number of billionaires in America has increased from 66 in 1990 to 700 in 2022. During the same period, the number of yachts longer than 76 meters (a standard for defining superyachts) has increased from less than 10 to more than 170.

theo LuckThe number of superyachts produced in 2022 increased by 17.5% from a year earlier.

The craze for working on cruise ships doesn’t appear to be a temporary trend. According to Lambert, this is an inevitable part of the technological revolution, the way people work will change very rapidly in the next 10-20 years.

Tags: billionairesmillionairesremote workingrich kidrich peoplesuperyachtsthat super rich worldwork trendsworking on yachtsyachts
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