Word: superyacht
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Dates: during 1980-1989
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...argument there. Besides the lavish ego strokes that luxury vessels bestow, today's yachts satisfy almost every whim imaginable. The sun deck cradles a hot tub that can accommodate eight people, while commodious staterooms boast VCRs and private baths with Jacuzzis. Instead of a grungy galley, the superyacht has a gleaming kitchen replete with microwaves, commercial-size freezers and stoves, and trash compactors. The bionic boats pack every aquatic toy: water skis, snorkling gear, diving equipment, Jet Skis and sailboards. To help while away foul weather, a free-flowing bar is at the ready, and libraries are stocked with videotapes...
Many of his customers return within three years to trade up to a superyacht. "Twenty-five years ago, a 120-footer was for kings and princes," says Denison. "Now the average boat we build is 90 feet." As for size, which matters greatly to yacht owners, King Fahd of Saudi Arabia owns the world's biggest yacht, the 482-ft. Abdul Aziz, which includes a mosque and a movie theater that seats 100. Because the King's yacht is currently in drydock, the unquestioned ruler of the waves is Queen Elizabeth's 412-ft. Britannia...