Mystery Billionaire Builds World's Largest Yacht

German yacht company Lürssen is building the largest yacht in the world for a Middle Eastern billionaire they will not name. It will be around 590 feet long!
Yet photos taken by show the boat to be at least six stories tall, with sweeping windows on the rear deck and several upper decks dedicated to staterooms. The vessel is expected to cost more than $500 million. It is still under construction at a shipyard in Bremen, Germany and is scheduled to be delivered in 2013.

Industry executives and marine engineers say Azzam’s most unusual feature — other than its size — is its propulsion system. Rather than being powered by propellers like most yachts, it will have four giant water jets that will be able to push the ship to speeds of more than 27 to 28 knots.

The ship is named Azzam, which means "determination." Link -via Fark

(Image credit: Maarten Janssen/SuperYachtTimes)

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If I were going to build something for that much I'd opt for a ship that was capable of total submersion. A yacht-submarine. Why? Because it would be cool.
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