According to ShowBoats International, a luxury yacht magazine, 916 yachts measuring 80 feet or longer — the traditional definition of a superyacht — were on order or under construction as of last Sept. 1, four times the number in 1997. The biggest gains were among the biggest yachts: 47 yachts were 200 to 249 feet long, up 68 percent from a year earlier, while 23 were 250 feet or longer, an increase of 28 percent.
“When I started in the early 1970s, a 60-foot boat was considered pretty large,” Mr. Sharp said. “A 150-foot boat was queen of the show in Monaco in 1982. In 2008, you wouldn’t be able to find that boat in the marina.”
— "Measuring Wealth by the Foot," New York Times
The superest of superyachts so far is 525 feet long, but a 531.5-foot behemoth is in the works. The article estimates a current cost of $650 million for a 500-footer.
You could rent, of course, for upwards of $555,000 a week for a really trendy supersclipper. But the former boss of Avis could put you in his sloop for around 350 large.
An industry expert says there are already 2,000 superyachts over 120 feet long, with nearly 200,000 people who could afford to buy them. He seems to think this is a good sign.