World's Super Rich Drive 77% Surge in Superyacht Sales Last Year
- Rising wealth and Covid social distancing helped fuel boom
- ‘There simply aren’t enough yachts available,’ observer says
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Superyacht sales climbed to record levels last year, sapping supply and boosting prices to heights unlikely to soften despite the tumultuous start to 2022 in financial markets.
A total of 887 superyachts were sold in 2021, a 77% jump from a year earlier and more than double the number in 2019, according to a report from maritime data firm VesselsValue.