Oligarchs and millionaires: The business of luxury yachts | DW Documentary
Since the all-out invasion of Ukraine, many super yachts linked to Russian oligarchs have been seized. But others have simply moved their floating palaces to Turkey to evade the sanctions, or ‘gone dark,’ disappearing from global tracking maps.
Meanwhile, the luxury yacht business continues to boom. Yachts – with a value of up to 600 million Euros – have always been the ultimate status symbol, coveted and despised in equal measure. At the annual Monaco super yacht exhibition, interior designer Sabrina Monteeone-Oeino takes us on a tour of her latest creation. But in a world threatened by global warming, superyachts consume nearly 500 liters of diesel per hour.
However, through new technology and new uses, the yachting world is trying to redeem its bad reputation. Francis Lapp has invented a solar-powered yacht. Other manufacturers are working on hydrogen-powered engines. The film investigates the changing world of luxury yachting.
#documentary #dwdocumentary #wealth
DW Documentary gives you knowledge beyond the headlines. Watch top documentaries from German broadcasters and international production companies. Meet intriguing people, travel to distant lands, get a look behind the complexities of daily life and build a deeper understanding of current affairs and global events. Subscribe and explore the world around you with DW Documentary.
⮞ DW Documentary (English): https://www.youtube.com/dwdocumentary
⮞ DW Documental (Spanish): https://www.youtube.com/dwdocumental
⮞ DW Documentary وثائقية دي دبليو (Arabic): https://www.youtube.com/dwdocarabia
⮞ DW Doku (German): https://www.youtube.com/dwdoku
⮞ DW Documentary हिन्दी (Hindi): https://www.youtube.com/dwdochindi
For more visit: http://www.dw.com/en/tv/docfilm/s-3610
Follow DW Documentary on Instagram: https://www.instagram.com/dwdocumentary/
Follow DW Documental on Facebook: https://www.facebook.com/dwdocumental
We kindly ask viewers to read and stick to the DW netiquette policy on our channel: https://p.dw.com/p/MF1G