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China’s Billionaires Now Main Players In Private Jet and Yacht Market

With China’s booming economy, it’s no wonder it’s producing so many brand new billionaires.

All this new money is prompting China’s wealthiest purchase private jets and yachts, and now China is becoming the place where companies that cater to luxury jets and yachts need to be. It’s now apparent that Chinese billionaires are the main players in the luxury market around the world.

Horizon Yachts commissioned superyacht Lady Gaga for a Chinese owner, and another Chinese couple commission a one-off trimaran.

Source: Born Rich

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New York February / March 2014
New York February / March 2014