10 CEO Mega-Yachts (PHOTOS, POLL)

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First Posted: 07-29-09 03:06 PM   |   Updated: 08-29-09 05:12 AM

With the economy mired in a historic recession, now is certainly not the time to flaunt your world-class mega-yacht (assuming you actually own one). Yet, as Vanity Fair's Vicky Ward pointed out on the HuffPost recently, Andres Piedrahita, the main shareholder of the Fairfield Greenwich Group, recently took possession of a $30 million yacht. This, of course, was after Fairfield Greenwich had siphoned billions into Bernard Madoff's Ponzi scheme.

Despite the economy, there's no shortage of floating palaces among today's more upmarket business leaders. In fact, Microsoft co-founder Paul Allen has two huge vessels, while Russian billionaire -- and owner of the U.K.'s Chelsea soccer club -- has three enormous ships.

Which ship is the most ludicrously enormous? Which is barely seaworthy? View our SLIDESHOW and VOTE below (NOTE: all costs are approximate):

Now Make Your Own Top 5
Roman Abramovich's "Pelorus," $300 Million
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One of Russian billionaire Roman Abramovich’s mini-fleet of yachts, the Pelorus is 377 feet long and was built in 2003.
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With the economy mired in a historic recession, now is certainly not the time to flaunt your world-class mega-yacht (assuming you actually own one). Yet, as Vanity Fair's Vicky Ward pointed out on the...
With the economy mired in a historic recession, now is certainly not the time to flaunt your world-class mega-yacht (assuming you actually own one). Yet, as Vanity Fair's Vicky Ward pointed out on the...
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I am all about people achieving the American dream. But I define the dream as success...­.not pretentious vulgar waste. And how much does one person actually need? I can't help but think of how many people could be helped with just the price tag of ONE of these "play things".

    Favorite    Flag as abusive Posted 02:40 AM on 07/31/2009

I think YOU make too much and have profited from the American Dream too much. Please send me 20% of your paycheck to make things all equal. Oh, and don't get a new TV, because I have an old one and we should be EQUAL.

    Favorite    Flag as abusive Posted 01:29 PM on 07/31/2009
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LOL! I assure you, that you know absolutely nothing about me personally. And a $300 MILLION floating city, is gross excess.

    Favorite    Flag as abusive Posted 04:22 PM on 07/31/2009
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Send them all the Jurassic Park.... where they belong.

    Favorite    Flag as abusive Posted 01:45 PM on 07/30/2009

just like in the last bull market and econ recovery, main street gets left in the cold while wall street prospers..­.

hat tip to http://www.iamned.com

    Favorite    Flag as abusive Posted 11:20 AM on 07/30/2009
- Wiseup2Day I'm a Fan of Wiseup2Day 7 fans permalink

What business is it of ours to decide what they pay money for? Hey, how many people were employed to build the ships? How many people were employed to supply the steel? How many were employed to make all the interior appliances, equipment and furniture? How many people are employed to run the ship, maintain it? I could go on...this employs people..do­n't be so short-sigh­ted..

    Favorite    Flag as abusive Posted 09:52 AM on 07/30/2009
- Bashley I'm a Fan of Bashley 14 fans permalink
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I agree. I don't agree with many choices made on Wall Street, but many mentioned in this article got into their respective businesses at the right time and were able to make a fortune. It's no different than a $50k "millionaire" purchasing a large SUV to ride in style. The trappings of our success come at differnt levels for all people.

    Favorite    Flag as abusive Posted 05:45 PM on 07/30/2009
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"Steal a little and they throw you in jail, steal a lot, and they make you king."---B­ob Dylan

    Favorite    Flag as abusive Posted 08:47 AM on 07/30/2009
- StuManChu I'm a Fan of StuManChu 11 fans permalink

It appears class envy is alive and well.

    Favorite    Flag as abusive Posted 08:11 AM on 07/30/2009
- ccpostman I'm a Fan of ccpostman 22 fans permalink
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They would make great artificial reefs!

    Favorite    Flag as abusive Posted 06:36 AM on 07/30/2009
- Sensiblebg I'm a Fan of Sensiblebg 31 fans permalink

jealous much on here guys jeez?! If you can afford it then get it..

    Favorite    Flag as abusive Posted 04:35 AM on 07/30/2009
- Godweiser I'm a Fan of Godweiser 228 fans permalink
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I wish Abramovich would hurry up and take a well-deserved cruise into the Bermuda triangle on one of those floating ego-piles. Feed the kraken, baby!

    Favorite    Flag as abusive Posted 04:18 AM on 07/30/2009
- ccpostman I'm a Fan of ccpostman 22 fans permalink
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The Kraken I think is in Greece?

    Favorite    Flag as abusive Posted 06:44 AM on 07/30/2009
- HisPetGoat I'm a Fan of HisPetGoat 67 fans permalink
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Hey! After I noticed my yacht, Ellipse, missing I started looking for it and I think I see it!

I think that guy Abramanovich must have boosted it and changed the "c" to an "l".

Anyway, it's mine I'm sure. I have a receipt somewhere.

    Favorite    Flag as abusive Posted 03:42 AM on 07/30/2009
- jrjones529 I'm a Fan of jrjones529 34 fans permalink
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capitalism has been good to these folks, no doubt.

    Favorite    Flag as abusive Posted 01:55 AM on 07/30/2009
- Ishmael1 I'm a Fan of Ishmael1 16 fans permalink
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All I can say to this article is...

Torpedo, Los!

http://www.youtube.com/watch?v=Sg2MXszv3O0

    Favorite    Flag as abusive Posted 01:18 AM on 07/30/2009
- Clayton139 I'm a Fan of Clayton139 25 fans permalink
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This needs to STOP !

    Favorite    Flag as abusive Posted 12:55 AM on 07/30/2009
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It's what all the pirates are sailing.

    Favorite    Flag as abusive Posted 12:49 AM on 07/30/2009
- ccpostman I'm a Fan of ccpostman 22 fans permalink
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No, mostly Sultans, Sheikhs, Kings,and Russian billionaires.

http://en.wikipedia.org/wiki/List_of_motor_yachts_by_length

    Favorite    Flag as abusive Posted 06:49 AM on 07/30/2009
- Ishmael1 I'm a Fan of Ishmael1 16 fans permalink
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Same-same pidgen to me.

    Favorite    Flag as abusive Posted 12:54 PM on 07/30/2009
- newtom I'm a Fan of newtom 15 fans permalink

Did I miss the outlawing of wealth? These people are rich because (mostly) they invented something people wanted and were willing to pay for. Sounds like "the American way" to me!!! Sure, those are some extravagant boats, but up until a few months ago, we'd be was admiring them for their excess.

If you could, you would too.

    Favorite    Flag as abusive Posted 12:36 AM on 07/30/2009
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no. no I wouldn't..­.not to the degree of greed displayed here. but I know my heart is in the right place...th­inking of others...n­ot just me.

    Favorite    Flag as abusive Posted 02:44 AM on 07/31/2009
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