Superyacht docked at V&A Waterfront costs R5m a week to operate

Superyacht docked at V&A Waterfront costs R5m a week to operate

- The Octopus, a superyacht owned by billionaire Paul Allen, docked in Cape Town recently

- It reportedly costs about R5m a week to operate

- Reports suggest it cost around $200m to build in 2003

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Reports indicate that the superyacht that docked at the V&A Waterfront in Cape Town last week costs a whopping R5.7m a week to operate.

This is according to Business Insider, which also reports that it cost a staggering $200million to build the superyacht in 2013.

The massive yacht is owned by US billionaire Paul Allen, who is a co-founder of Microsoft.

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According to Forbes, 65-year-old Allen is worth $20billion (R308 billion). Although he spends a lot of his wealth on charity, he also enjoys the finer things in life.

His superyacht can host up to 26 guests in 41 suites, Briefly.co.za learned. It has a full-time staff complement of 60. Its length stretches to 126.2 metres — longer than a rugby field.

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The huge structure also boasts two helicopters, a basketball court, and a movie theatre. It has hosted many celebrities over the years, including Mick Jagger and Usher.

Allen has availed it for several research expeditions, including one that discovered Japanese battleship Musashi off the coast of the Philippines recently.

READ ALSO: Video of paramedic carrying alcohol on board an ambulance shocks SA

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Source: Briefly.co.za

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