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Some ultra-wealthy are buying high-end art for their yachts as a recession hedge while stocks, real estate, and crypto tank on global uncertainty

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Over $2 billion worth of yachts belonging to Russian oligarchs have been seized in Europe so far

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Italy has reportedly seized $156 million in yachts and villas from sanctioned Russian oligarchs, including the country’s richest man

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Thailand is enticing tourists back to its beaches by allowing travelers to quarantine aboard yachts

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The Saudi crown prince has reportedly detained 3 royal family members for unknown reasons. Meet 34-year-old Mohammed bin Salman, who’s at the center of human rights issues and drops millions on yachts and mansions.

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