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Where Did All the Superyachts Go?

Plain Sailing

French tax regulations mean yachting money is draining away from Monaco and the South of France, and washing up in other European countries like Spain, Italy, Greece, and Turkey.

Tom Sykes

European Editor at Large

Published Aug. 6 2017 12:00AM EDT

170804-disappearing-yacht-tease_apvrx0 — Photo Illustration by The Daily Beast

Where have all the superyachts gone?

That is the question that locals and business owners in the south of France are asking this summer.

And the answer appears to be: Italy,

Tom Sykes

Tom Sykes

European Editor at Large

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