I thought they were all about old world Swiss discretion, below the radar wealth and so on. Would have expected their yacht to be owned by a chain of 5 different holding companies and named something completely different so that nobody could ever figure o...
Having it available for charter is a way to offset some of the running costs but also qualifies for other business advantages on expenses and other .... issues. This is the case for almost any big yacht and thier owners.
Shipyard Owner: “Yes of course Mr Stern. But I’m afraid you will have to wait a while. Everybody wants one. And others are building yachts twice as big and spending three times as much. I will put you on our waiting list.”
Alternatively the ship yard builder could say. “You can buy the Nautilus but first you need to purchase 2 boats that we can’t sell then you may buy the Nautilus. “
... Unworthy to carry the brand's legacy forward. I predict nepotism will be PP's undoing. A 90 million dollar yacht called "Nautilus"? Give me a freakin' break.
Thierry is a thoroughly decent chap and a Gentleman from my experience with him and from what others say about him. As far as not being fit to carrying on the Patek brand whilst he has gone off in a slightly different direction to his father he has some b...
... I have never been impressed by. He is NOT his father. Not by a long shot. That said, showing off a yacht is very unSwiss. And let's be real: If he didn't have one of the world's greatest brands handed to him, he couldn't get a job in the watch industr...