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This Is the First Billion Dollar Yacht and It’s Exquisite

After in November the Indian billionaire Mukesh Ambani took guests on a tour of his one billion private residence, an UK yacht designer decided to give Ambani a run for his money and created the first billion dollar yacht.

This gigantic 500-foot yacht is called “Streets of Monaco” and it was modeled after the European principality.

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Everywhere on the top deck, you can see replicas of famous landmarks from Monaco like the Monte Carlo Casino, Cafe de Paris, Loews Hotel and many other.

There is also a perfectly functional go-kart circuit that resembles the Monaco Grand Prix race track.

There are also plenty of swimming pools, swim-in Jacuzzi bar, courts for different sports, a dance hall, spas and salons and plenty of space to house 16 guests and 70 members of staff. Oh and a submarine and helipad.

According to billionairesweb.com, there is, of course, no guarantee that ‘Streets of Monaco’ will ever make it into the water.

First, a client with a big enough wallet needs to come forward. “This is just a concept at this point,” said Scott Poxon, director of Yacht Island Design, the firm behind the project.

“That said, there is a notable amount of detail in place. It would need a commission in order to finalize design requirements of the client and to commence the construction.”

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Poxon added that while various newspaper reports have estimated that ‘Streets of Monaco’ could cost £700 million ($1 billion), which would make it the most expensive yacht in the world, the firm has yet to discuss price.

“We have not ever quoted any price as this would be agreed between the client and the selected ship yard and would vary significantly depending on specifications,” he said.

If an ultra-rich client indeed commissions his or her own floating replica of Monaco, it may be the most expensive yacht on the water, but it won’t be the biggest.

That honor goes to Russian billionaire Roman Abramovich’s 557-foot ‘Eclipse’. For now, at least. As with Ambani’s Mumbai palace, billionaire homes and toys only get more extravagant each year.

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