The initial cost isn’t really that much,” I am told by a J Class yacht owner as we stand at the harbour of Hamilton, Bermuda. He clearly senses my scepticism, and is quick to clarify.“I mean, maybe not as expensive as you may think. The base boat still obviously costs around $10 to 20 million. But the real costs start racking up when you have to pay for the upkeep, which can come in at anywhere up to $3 million every year.”
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