Yacht for sale: bring lots of money

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After being on the water for less than two years, billionaire Tom Perkins has decided to sell his beloved 289-foot sailing yacht, Maltese Falcon, which is listed on Yachtworld.com for a cool 115 million euros – roughly $180 million. However, according to the Wall Street Journal, the broker, Camper & Nicholsons USA, is pricing the boat closer to 150 million euros ($236 million).

“My pleasure comes from the technical and aesthetic challenges of new yacht projects more than from cruising aboard the finished boat,” Perkins wrote in an e-mail to the Journal. “I would now like to indulge my interest in ‘sports’ submarines and maybe to build a specialized boat to use as a sub carrier.”

The Maltese Falcon made a media splash when it was launched July 14, 2006. It appeared on 60 Minutes and was displayed prominently in many national magazines, sometimes by Perkins’ request. According to the report, when asked by Lesley Stahl of 60 Minutes on why Perkins created this, he simply stated, “I just wanted the biggest boat. Do I have an ego? Yes. Is it big? Yes.”

The Maltese Falcon took five years and more than $150 million to develop and was built by Italian yacht builders Perini Navi. It features three rotating carbon fiber masts that can detect wind speed, has a permanent crew of 18, including a gourmet chef, and even has its own hotel. The yacht is currently registered in Valletta, Malta.

— Elizabeth Ellis