Yacht world seduces China, Brazil’s rich
Sept 26, 2011
MONACO (AFP) ― Russian oligarchs and their floating palaces helped keep the luxury yachting industry buoyant through the crisis, but super-rich buyers from China and Brazil are rushing to join them on the waves. Emerging market billionaires are showing a keen interest in superyachts, according to pundits at this year’s Monaco Yacht Show, the prestigious four-day global yacht gathering that wrapp...