The so-called 1% or “one percenters” who can afford luxury yachts and superyachts have been vilified by Occupy Wall Street along some politicians but US Congressman Allen West from Florida has recently written an article in Politico to defend the one percent who own superyachts or can afford yachts in general. In the article, Rep. West pointed out the following facts:
- South Florida’s marine industry alone supports more than 200,000 workers.
- Each superyacht built will require more than 1,000 workers to complete.
- Ten percent of the purchase price for each yacht will go towards maintenance each and every year – work that is performed by mechanics, dock hands, cleaners and other service staff who are members of the so-called 99%.
The point? Rep. West does not want you to feel guilty about owning any type of luxury yacht or superyacht because you will be helping to employ hundreds of thousands of employees or thousands of small, often family owned businesses (that also happen to be located in his Florida congressional district….)
Moreover, Rep. West pointed out that soon Florida will have one of the best superyacht facilities in the world. Specifically, the Rybovich Superyacht Marina in Riviera Beach will have a 2,500-ton-capacity lift that will enable the facility to haul yachts to 90 meters or 300 feet and service ones up to 120 meters or 400 feet dockside – work that tends to be done overseas right now. Rybovich also estimates that their Riviera Beach superyacht marina project will cost $45.5 million and create 1,000 jobs on site plus generate $630 million for Palm Beach county with $111 million of that going to the town of Riviera Beach.
In other words, there is no need to feel guilty about owning a having a superyacht or luxury yacht of any kind – especially if your boat is also a green eco-friendly one!