Live Like A Billionaire

The SuperYacht "Yogi"

The Yogi. Built by Turkish shipbuilders, this 200' luxury super yacht is owned by french billionaire Stephane Courbit. It sleeps 12 and has some of the most luxurious accommodations for a ship of it's size. It won the "Most Innovative Yacht of the Year of 2011" during the Cannes International Boat Show.

And now you too can Live Like A Billionaire for only $700G a week - that's the cost of leasing this vessel for seven days and seven nights of "champagne wishes and caviar dreams."

But then again.... ahhhhhhh, no you can't.

As of 17 FEB 12 the booking agents for the Yogi are no longer accepting reservations.

Inquiries should be directed to the Greek Navy who assisted the crew of the Yogi in extracting themselves from "technical difficulties" encountered in heavy seas off the coast of Greece.

Speaking for myself, I would look for some kind of insurance scam. As the Euro circles the drain, this could very well be used to cover investments that also went belly up in places other than the Aegean Sea.

The ship had just left a repair facility two days prior to sinking. Obviously someone forgot to tighten the drain plug.

According to sources:

Mehmet Karabeyoglu, Director of Proteksan Turquoise, commented on the incident, "What I find surprising is that [from] the first mayday call to the boat sinking was nearly seven hours. They had power as you can see lights on. What we can see is that she survived seven hours without turning over. So this is enough reason for us to believe she could have been saved — although we are not blaming anyone. There was a Force 8 so the weather made things difficult, but she did not sink due to the weather."

Courbit made hundreds of millions in euros from the French entertainment industry . And some debts are being called in.

This is a "hard blow" for Stéphane Courbit, says Paris Match, who recalls that "young wolf business" must find € 143 million that billionaire Liliane Bettencourt had invested last year in his group and that it promised to repay.

Stéphane Courbit made his fortune in the early 2000s by selling his television production company Endemol group. He is now active in the audiovisual sectors, the Paris sports, online gaming and distribution of electricity, said the weekly.

h/t No Parasan