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Billionaires’ Superyachts Anchor in Thames as 1% Visit Olympics

From bloomberg.com

Superyachts equipped with helipads and submarines have joined Britain’s biggest warship, more than a dozen tall ships and cruise liners on the Thames River for the Olympic Games. Octopus, the yacht owned by Microsoft Corp. (MSFT) co-founder Paul Allen, is moored at West India Dock, where the towers housing Barclays Plc and HSBC Holdings Plc reflect in its gleaming blue hull. Next to it is Westfield Group (WDC) Chairman Frank Lowy’s white ship Ilona, with a red carpet leading to the gangplank and an Australian flag billowing from the stern. “We’ve seen some big boats here, but nothing of this magnitude,” said Derek ... (full story)

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