Billionaire criticized for listing $200 million yacht while waiting for larger one: 'He is receiving delivery'

Tilman Fertitta, the billionaire owner of the Houston Rockets and U.S. ambassador to Italy, is putting his 252-foot yacht on the market in favor of a larger, more luxurious vessel. According to a spokesperson quoted by the Houston Chronicle, "He will receive delivery of his new 384-foot motor yacht, Boardwalk, from Lrssen next April."

The current yacht, spanning three decks and featuring both a swimming pool and a helipad, was purchased only four years ago. Despite its size, it no longer meets the expectations of Fertitta, whose fortune exceeds $10 billion. For many owners, superyachts serve less as practical transport and more as status symbols, demonstrating wealth and influence.

Globally, there are over 6,000 superyachts, as reported by SuperYacht Times. These vessels typically exceed 100 feet in length, with the largest reaching approximately 590 feet (180 meters). However, the environmental impact of such yachts is considerable. According to CleanTechnica, the top 300 superyachts emit nearly 285,000 tons of CO2 annuallymore than some countriesand this equals the yearly output of 61,000 gas-powered cars, each producing about 4.6 tons per year.

Yachts rank among the most polluting modes of travel per passenger, alongside private jets. The construction process requires resource-heavy materials like aluminum and steel. Beyond building, yachts contribute to air and noise pollution, disrupt marine ecosystems, and can damage underwater habitats, although even docked yachts still have environmental consequences.

Some designers are attempting to make superyachts more eco-friendly by incorporating hybrid engines, recycled materials, and renewable energy sources such as solar and wind power. Nevertheless, critics argue that regardless of these modifications, the environmental footprint of a superyacht remains enormous, leading some to view them as ethically questionable luxury items.

Author: Sophia Brooks