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Cars, jets and yachts

Surge in UHNW class to take worldwide superyacht sales to $25.7B, up from $10.3B in 2022: report

December 15, 2023

Evening scene on the sundeck of Heesen's YN20750 Project Orion superyacht. Image: Heesen Evening scene on the sundeck of Heesen's YN20750 Project Orion superyacht. Image: Heesen

 

By Mickey Alam Khan

The global superyacht market, buoyed by the growing number of ultra-high-net-worth individuals interested in the sailing life, is estimated to reach $25.68 billion by 2032, up from $10.3 billion in 2022.

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  1. Aimée Ann Lou embraces conscious couture with wholly sustainable luxury footwear across entire value chain
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  3. Argentina: Reopening of a sleeping giant for luxury
  4. Lessons for luxury brands from recent FTC action over beltmaker’s Made in USA claims
  5. Orient Express, targeting HNW, enters luxury cruising business with world’s largest sailing yacht
  6. Profiling a Luxury Icon: How the Rolls-Royce Ghost reflects the new approach to luxury
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