April 25th, 2005

Luxury on the sea

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Laxmi Mittal, the richest Indian and the rumored third-richest man in the world might be making his biggest personal purchase soon. He is supposedly buying Larry Ellision’s, the big snob at Oracle, $200 million Rising Sun yacht. Read on, it almost sounds like a mini-QE2:

“Rising Sun’s frigate-like power plant, pumps out 36,000kW of energy - the equivalent of an entire small town switching on kettles at the same time. Its four propellers enable it to reach a cruising speed of 28 knots.

In terms of sheer size, it is awe-inspiring. It offers 82 rooms on five storeys, with a total living space said to be in excess of 8,000sq m. Each of the main staterooms - which measure five meters from ceiling to floor - has a balcony, along with huge windows offering panoramic views across the ocean. There are two patio decks on the transom.
Inside, the Pauline Nunns interiors are said to be minimalist. But when spending money on yachts in this price range, certain features and accessories are tantamount to compulsory. So there’s the inside swimming pool (on the Rising Sun it is on the aft of the bridge deck), the vast crystal chandeliers and the onyx countertops. Jacuzzi bathrooms are typically fitted out in alabaster, while panels of walnut in the bar and staterooms add a hint of old-money gentility. A gymnasium helps work off the excesses of meals made by leading chefs. Fine wines are served from the extensive cellar. Guests can also relax in a private cinema, watching the latest movies on a giant plasma screen.

With 3,300sq m of teak-layered deck space, there is ample room for running about. In fact the main deck is given over to a basketball court, although it can double up as a helicopter pad if necessary following Mr Ellison’s surprise decision not to include a built-in hangar in his design”

With a yacht that size, I don’t think you would ever get sea-sick. On the other hand, if you can’t buy his yacht, his ‘modest’ $25 million Japanese-style estate is also for sale.

[via Business 2.0 Blog]

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6 Responses to “Luxury on the sea”

  1. Twilight Fairy Says:

    just how do ppl earn that kinda money :p

  2. Sqrl/NT Says:

    Thca! We desis wont stop buying ‘pre-owned’ stuff will we? hehe. didnt read the whole post, but just had to say this..
    Nice blog btw.

  3. Parag Says:

    rumored third-richest man
    rumored??? Do you not believe what Steve Forbes prints?

    The Japanese-style Ellison estate is amazing. Remember seeing a TV special about it a few years ago. The house is built in true Japanese traditional woodwork without the use of a single nail. I thought that was unbelievable and stuck in my memory. The ponds and gardens around the house looked very pretty too.

  4. Patrix Says:

    Fairy - I would be doing something else if I had the answer to that one.

    Sqrl/NT - Thanks for dropping by. It is desis who keep the ‘pre-owned’ market alive. Heck, we even buy new stuff with an eye on the resale value.

    Parag - With a parallel black economy in abundance everywhere, stories of wealth are at best approximations.

    So you are making an offer for the Japanese estate? Right now, I can only buy a nail in the house and you tell me I can’t even do that. Shyaay!

  5. Sqrl/NT Says:

    Well, his boat does sound like a dreamboat.:). I wouldn’t mind buying it..

  6. Patrix Says:

    Sqrl/NT - Don’t forget this friend when you do.

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