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...Apart from being a symbol of modernity, the Aga Khan has also become a symbol of wealth, with a personal fortune estimated in the billions, a stable of thoroughbred horses, a lavish yacht off the coast of Sardinia, and two high-profile marriages...

Author: By Nini S. Moorhead, CRIMSON STAFF WRITER | Title: Karim Aga Khan | 6/1/2008 | See Source »

Every morning, the water looks different, glassy or choppy, sapphire-colored or muddy gray. One day, we saw a glinting spot of water as long as a rich man's yacht. My husband and I asked, What's that? A school of golden fish? It was the sun angled just so. The next time we saw it, we forgot and said, What's that...

Author: /time Magazine | Title: The Comforts of Home | 4/25/2008 | See Source »

Even by the standards of Somalia, a country gripped by chaos for 17 years, it has been a horrible couple of weeks. First came the killings of two British Somali teachers and their Kenyan colleagues, all said to have been shot in the head. Then pirates waylaid a French yacht traversing the country's territorial waters. And now, renewed fighting in Mogadishu has killed at least 100 people and driven thousands more to join the country's swelling refugee population - already estimated at more than 1.5 million. Meanwhile, aid groups have found themselves targets in the fighting across the country...

Author: /time Magazine | Title: Somalia Takes a Turn for the Worse | 4/24/2008 | See Source »

...most recent high-profile incidence of piracy off the lawless coast of Somalia appears to have ended well for everyone but the pirates. After holding the French luxury yacht Ponant for a week and allegedly securing a $2 million ransom from its owner, a band of Somali marauders headed for shore on April 11 with its booty. That's when French navy commandos pounced to free the 30-man crew and, in a dramatic helicopter raid, hunt down the six pirates. They now await charges in Paris...

Author: /time Magazine | Title: Piracy Sparks High-Tech Defenses | 4/18/2008 | See Source »

...perhaps a virtual fence underwater? British defence firm QinetiQ has adapted its military underwater sonar system, Cerberus, into the private yacht market. It creates an underwater acoustic perimeter around a vessel that triggers an alert when broken. It "would identify an underwater swimmer, scuba diver or vehicle coming in under the water," said a company spokesman...

Author: /time Magazine | Title: Piracy Sparks High-Tech Defenses | 4/18/2008 | See Source »

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