The $1 billion superyacht: Bigger, longer, but is it better?

There’s big. And then there’s bigger.

Introducing “Triple Deuce,” set to be the world’s biggest superyacht at a whopping 222 meters long.

At $1 billion, it will also be the most expensive private yacht ever built, costing more than the annual GDP of Western Sahara, the British Virgin Islands, and Micronesia.

The identity of “Triple Deuce’s” owner remains secret. Nonetheless, building a yacht of this size is all about “boasting rights,” said Craig Timm of 4Yacht, broker of the record-breaking project.

“It’s just like the competition to build the world’s tallest building,” he said of the commission, due to be completed in spring 2018.

“There is an enormous sense of injustice which is shared not just by the poor, but also by the middle class, towards the global super rich,” he said.

“But together with that however, is a sense of envy and ogling. So whether you call it confusion, or double standards, or hypocrisy, or whatever it might be — we both abhor the lifestyles of the super rich and at the same time we are endlessly fascinated by them.”

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CNN