Yachts from Stocks
BillionairesLife.com recently released a report on all of the mega yachts owned by executives of publicly traded companies.
Mega yachts are also known as luxury yachts, and super yachts. Before speaking about their owners I need to say that even if you don’t have a chance to buy such a yacht and even the smaller one you may think about renting it at least once a life. Nobody can forget the yacht-holiday…
Here are the companies that provided the wealth to the CEO’s so that they can afford their yachts:
Rising Sun is 452′8″ long, and is owned by Larry Ellison, founder and CEO of Oracle. Oracle has a P/E of 25, and a PEG of 1.20.
Octopus is 413′4″ long, owned by Paul Allen, founder of Microsoft, and chairman of Charter Communications. He also owns the Tatoosh at 301′8″ long. Microsoft has a P/E of 22, a PEG of 1.53, and a yield of 1.4%. Charter has had negative earnings.
Limitless is 315′7″ long, is owned by Leslie Wexner, chairman and CEO of The Limited. The Limited has a P/E of 11, a PEG of 1, and a yield of 2.8%.
Lone Ranger is 255′ long, and is owned by Peter Lewis, chairman of Progressive Corporation. This insurance company stock has a P/E of 10, a PEG of 1.66, and a yield of 0.2%.
Ilona IV is 241′8″ long, and owned by Frank Lowy, of the Westfield Group, which owns shopping centers in Australia, New Zealand, the U.K., and the U.S. The stock has a P/E of 9.
For sure this is not for common people. We need to look for a boat or yacht that costs a bit less. Or much less.
BTW MR.Boating website (http://www.mrboating.com/) can be very helpful to find a boat or yacht for yourself or for the family.