Crazy Eric Schmidt, His Yacht Prices Are Insaaane!

theodp writes "After languishing on the market, the price of Google Executive Chairman Eric Schmidt's Lone Ranger expedition yacht was cut from $20,000,000 to a mere $14,000,000 (sales brochure). Still no takers for the vessel, so the former pride of the Schmidt Ocean Institute — which can travel an amazing 31,000 miles at 12 knots thanks to a fuel capacity of 1.3 million liters — will be auctioned "as is" on April 20th at the Antibes Yacht Show, with bid estimates ranging from EUR 3 million to EUR 10 million (auction brochure). 'Lone Ranger and her truly astonishing story will appeal to a new generation of luxury yacht owner,' the sales brochure notes. 'The yacht epitomizes low key luxury, but most importantly offers the ideal platform for anyone wanting to explore the farthest flung corners of the world with their family.' And you can buy it just in time for Earth Day gift giving!"

Comments

Yacht?

[Tailhook]

That's a yacht? Looks like a commercial fishing vessel or a coast guard cutter.

I suppose if you need to intercept drug smugglers or rescue someone it might be the thing... but most yacht buyers are looking for a nice place to drape their naked women.

The two best days of boat ownership.

[Anonymous Coward]

The day you buy it and the day you sell it.

Re:Probably Bought with Laundered Tax Free Income

[schneidafunk]

Apparently funneled through Google's lunch system.

First rule of wealth management:

[pr0t0]

If it flies, floats, or fornicates; rent it.

Re:Probably Bought with Laundered Tax Free Income

[afidel]

I don't think Boing sells their aircraft flying in international waters, over internal waters or in international airspace maybe.