Superyacht sales are booming - The Hustle
The Hustle

Superyacht sales are booming

The pandemic and skyrocketing wealth are pushing superyacht sales to an all-time high.

Selina Lee

There’s only one rule in yacht club — the bigger, the better.

According to The New Yorker, a record 887 superyachts were sold in 2021, ~2x those sold in 2020. The trend doesn’t appear to be stopping anytime soon:

Why the jump in sales?

Insiders attribute the rise to two reasons:

If you don’t have the means to join the yacht club, you can still jam to the same tunes. Spotify’s Yacht Rock playlist has 1.2m+ likes, and features smooth tracks from Steely Dan, The Doobie Brothers, and Kenny Loggins.

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