Billionaires and industry magnates are known to splash their cash on huge, lavish superyachts -- as status symbols, to entertain fellow moguls and to cruise the world in privacy.
Russian Roman Abramovich center used his previous superyacht Pelorus as a base during the Euro soccer tournament in Portugal. Here are 10 of today's world's most expensive superyachts and the identity of their uber-rich owners. Allen regularly lends the ship to exploration and scientific research projects and for rescue missions.
Lady Moura, owned by Saudi Arabian businessman Nasser Al-Rashid, sparked a beach pollution alert at the Cannes Film Festival in after colliding with rocks as it was navigating a short distance offshore. The meter yacht Al Mirqab -- owned by Qatar's former prime minister Hamad Bin Jassim Al Thani -- was built in and contains a movie theater, indoor swimming pool and helipad.
Considered the world's largest yacht by overall size, Dilbar is owned by Arsenal major shareholder Photo Of Super Yacht 02 Alisher Usmanov. Named after the owner's mother , the meter superyacht boasts two helipads and has a top speed of The superyacht reportedly has space for a concert hall equipped for a piece orchestra.
The yacht's masts measure meters tall -- higher than the Statue of Liberty -- and at meters long, it is the eighth longest superyacht in the world. The yacht boasts seven decks and enough space for people including crew. The vessel is reportedly equipped with a submarine and a German-built missile defense system.
In the ship sustained damage when it ran aground off the coast of Egyptian resort Sharm El Sheikh.
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