How To Dispose of a Million Dollar Yacht

August 22, 2008 - 18,833 views

In an attempt to flash his money around and makes feel even worse, an Arab sheik bought a yacht and had it destroyed. The ship worth about one million dollars on the reef of the Bahamas islands was destroyed with the help of an excavator. Naturally, the remains were taken to a landfill and the million disappeared as fast as it was made. Here are some shots from the wrecking process.

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Comments

12 Responses to “How To Dispose of a Million Dollar Yacht”

  1. James on August 22nd, 2008 7:10 pm

    What an idiot!

  2. lotu on August 22nd, 2008 7:22 pm

    It would have been better to stack the money up, put on some makeup and then set it on fire.

  3. Tricky_Buddha on August 22nd, 2008 7:57 pm

    Douch.

  4. cryptnotic on August 22nd, 2008 10:00 pm

    Far more likely scenario: Yacht is accidentally beached. Yacht expert discovers that the yacht is damaged beyond repair (e.g., damaged hull frame). Local government wants beached yacht off of their beautiful beach, so they hire some excavators to remove it.

  5. dixipix on August 23rd, 2008 4:04 am
  6. deg on August 23rd, 2008 11:50 am

    that piece of shit cost $1,000,000 ?

  7. tat2d on August 29th, 2008 1:15 pm

    Sorry, but I think you need to check your source of information.
    That is not a yacht.
    It is a cruiser.
    It is not a million dollar boat, or yacht.
    Cryptonic is probably right, it was beached and destroyed the hull and or the drive units.
    You can see it is clearly mired in the sand and probably been there a while.
    It was probably a write off by insurance company.
    I dont mean to be too critical of your story but I live on a 63 foot boat that I own and it didnt cost a million dollars. I live on the water and this story didnt wash ashore with me. Cool pics though and too bad for the owner. Who knows what the real story is on this. Stolen, drug bust, storm. I also dont think a Arab sheik would be caught dead in that cruiser.

  8. Seth on September 1st, 2008 9:05 am

    That boat is probably a 44 foot cabin cruiser, maybe Sea Ray or something. Cost maybe $500k new, $240k now. I have one Ill sell for a million though. Then you can say you own a million dollar boat : D

  9. a on October 11th, 2008 1:57 am

    I guess the mafia didn’t get their money.

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