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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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MOST READ
  1. Future of luxury goods is AI-powered transformation: report
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  3. Luxury fashion sector needs to reinvent amidst widespread global slowdown
  4. Future of refrigeration in the luxury home – and what consumers are telling brands
  5. Luxury brands neglecting cultural venues where more UHNWIs are spending time: report
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