"OCTOPUS"
Paul Allen's 127m (416ft) "Octopus".
Microsoft's billionaire Paul Allen - worth US$20 billion
according to Forbes, the third richest man in America
and 7th in the world - owns two other megayachts
such as Tatoosh ranked 3rd in the World in 2003.
Octopus cost Allen over US$200 million and has crew of 60,
including several former Navy Seals.
It has two helicopters, seven boats,
a 10 man submarine and a remote controlled vehicle
for crawling on the Ocean floor.
Paul must spend a minimum of 10 percent of the
purchase price every year to keep these yacht
in good working condition and cover crew salaries.
Therefore “Octopus” which cost Allen US$200 million
requires a US$20 million annual budget.
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