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executive pay
by leon on October 22, 2008
Brother, can you spare a yacht. Times must be getting really tough with billionaire Carl Icahn planning to sell his 177 foot yacht for a cool $37 million.Cityfile provides us with the brochure showing us the boat for sale.
Just three months ago, Cityfile gave us a peek inside the yacht. Take a look at the pictures and you will see it's nothing short of sumptuous. And as it points out, he was happy to rent it to you for $250,000 a week during the peak season, and $196,000 in the low season. Now, with a 12 person crew, that's a real bargain.
Still, Icahn is not exactly selling it to cut back. He plans to offload so that he can buy a bigger yacht, reports the New York Post. Which makes you wonder how much pain the hedge fund billionaire is actually feeling. Yeah, times are tough. For some.
Permalink: Carl Icahn: the haves and the have-yachts
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