Monday, October 23, 2006

Rich in Russia? You Gotta Get a Boat

A story out of Moscow today explains how yachts are becoming the new must-have luxury item among the elite upper classes in Russia.

In fact, one luxury yacht retailer claims to be selling 5 times more boats than last year. This is in a country where the mildest coastal towns experience only a couple of months of suitable boating weather at best.

The story goes on to say that many of these "new boaters" don't even use their boats; they just like to say that they own a boat!

Don't believe it? It's true, because I read it in this online UK newspaper. Check it out here.

Learn more about Russia here or here.