CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
FORTUNE:
The Business Life  
Megayachts sail to new levels of affluence
Fortune looks at 10 of the finest yachts in the world.
By Telis Demos, Fortune reporter

NEW YORK (Fortune) -- What more is there to say about megayachts? They are status symbols, objects of luxury that would make Marie Antoinette blush, perfect for hiding from prying paparazzi or niggling underlings for months at a time.

Not too long ago, a 100-foot yacht with a nice kitchen would have been quite a prize. Nowadays, if you don't have a 600-bottle wine cellar, or a helipad, or a hair salon, or three Jacuzzis, or a couple of grand pianos, you might as well be rowing around in a canoe.

Photo GallerylaunchSee more photos

Yet while megayachts might seem like frivolous opulence, they are also feats of naval engineering. Their owners are right to be proud, as these ships are often entirely hand-built by hundreds of artisans crafting the hull, molding the cabinetry and designing high-tech gizmos.

"They are truly amazingly engineered," says Diane M. Byrne, an editor at Power & Motoryacht who compiles an annual list of the biggest motor yachts, which informed much of our list. "They are art forms, too."

Here, we look at 10 of the finest yachts in the world, both motorized and sailing. They are the 10 longest yachts owned by Americans, presented in order of length from bow to stern.

For further browsing, check out Power & Motoryacht's 2005 list and Yachtspotter.com.

YOUR E-MAIL ALERTS
Follow the news that matters to you. Create your own alert to be notified on topics you're interested in.

Or, visit Popular Alerts for suggestions.
Manage alerts | What is this?
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.