yacht

The gap between America's super-wealthy and the rest of us has grown so vast it's hard to even comprehend the sums they spend on their luxuries. But if you measure, say, a $200 million luxury yacht in terms of the average U.S. family's household income, the picture comes back into focus.

Here's news from the business world and other money matters to watch out for Monday (last updated at 8:00 a.m. Eastern time): More Americans Tapping Retirement Savings: Mutual-fund giant Fidelity Investments reports the number of Americans seeking to withdraw money from savings set aside for...

Oracle founder Larry Ellison and Ernesto Bertarelli have a lot in common. They are both billionaires, racing sailors, and, oh yeah, they both want to control where the America's Cup is held when it begins in February 2010. Ellison's Golden Gate Yacht Club scored a small victory over Bertarelli's...

Well, sort of. You can at least own a piece of a yacht... or a jet... or a Ferrari... or a mansion... and the list goes on and on. Welcome to the world of "fractional ownership," sometimes called asset-sharing. While people have shared assets since the beginning of time, the modern version is a...

It's called Big Tusket Island, and it's nestled just off the coast of Nova Scotia. For a mere $65,000 dollars you can own this bit of private paradise, all 37 acres of it. I discovered this little beauty at The Official Private Islands blog, and they refer you to Private Islands Online to research...