Conspicuous Consumption

There are many examples of how the owning class indulge themselves, but this report takes a a bit of beating. 'The world's most expensive yachts include the Eclipse, which at 162m boasts a leisure submarine, a 16m pool which can be transformed into a dance floor, and room for three helicopters. It is said to be owned by Roman Abramovich and valued at £740 million.' (Times, 30 June) The report goes on to list various other super-sized yacht including the Azzam which is 180m long. RD