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What boasts six staterooms, quilted leather ceilings, a steam room, a screening room, 14 bathrooms, two Harley-Davidson motorcycles, two racing boats and, oh yes, a helicopter? (No peeking at the picture.) The answer, from the ever grand Malcolm Forbes, is a brand-new yacht he discreetly describes as "dramatically restrained, in quiet taste, nothing opulent." At least not for someone who collects million-dollar Faberge eggs for fun. Last week 107 guests, including Secretary of State George Shultz and Chief Justice Warren Burger, came aboard to admire the $5 million, 151-ft. three-decker at the Forbes magazine tycoon...

Author: /time Magazine | Title: People: Apr. 14, 1986 | 4/14/1986 | See Source »

...Presidents that have come in and drastically changed traditional things --selling the yacht or something, not that I'm a yachtsman, as long as I've got my horse I'm happy--but I just have never tried to do anything of that kind because I don't think the presidency belongs to the individual...

Author: /time Magazine | Title: The Presidency: In Search of History | 4/7/1986 | See Source »

...enough for New York Yacht Club members when they lost the America's Cup in 1983 on Rhode Island Sound. The longest winning streak in sport history--132 years--was ended, and with Australia II's secret keel, the victors from down under had audaciously out-teched the Yanks. But what really steamed some of the bluer-blooded Newport yachting crowd was when the winning skipper, John Bertrand, taunted during the races that the next Cup competition would be sailed out of the mostly working-class port of Fremantle in the sun- drenched Indian Ocean. "It's absolutely glorious...

Author: /time Magazine | Title: Sport: Dirty and Short Down Under | 3/3/1986 | See Source »

...week. Meanwhile, warned the new Haitian governing council, any country that accepts the Duvaliers should be prepared to cooperate with an investigation into the family's finances. The council also announced that it was expropriating whatever Duvalier property it could, including six homes, a fleet of cars and a yacht...

Author: /time Magazine | Title: People: Mar. 3, 1986 | 3/3/1986 | See Source »

...jury determined the Angiulos must forfeit four buildings, a 68-foot yacht worth an estimated $300,000, another $300,000 in stocks and bonds, and $370,000 seized from a safe upon the arrest of a the Angiulos on May 4,1981, at their Prince Street headquarters in Boston...

Author: NO WRITER ATTRIBUTED | Title: Jury Finds Angiulo Guilty of Racketeering | 2/27/1986 | See Source »

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