Billionaires push superyachts to new extremes, fueling a luxury yacht arms race

A new industry report shows the superyacht market is moving faster and in a different direction than a decade ago: younger, tech-focused billionaires are buying larger, greener vessels, reshaping demand and the fleets that serve them. That shift matters now because it’s driving sales, new-build specifications and long-term investment across yachting and luxury hospitality. Fraser…