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When It Comes to Yachts, Size Does Matter

Wealthy owners compete for 'bragging rights' with superyachts

By Matt Cantor,  Newser Staff

Posted Mar 16, 2008 2:40 PM CDT

(Newser) – Billionaires have a new way to one-up wealthy neighbors: Buy a bigger yacht. Such jumbo boats confer "bragging rights,” one expert says. "No question, that’s a very strong part of the motivation.” And competition is riding a new crest: Four...   Read full story »

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