There is no literal meaning of luxury or specifically luxury yacht as different people have different meaning to luxury. If luxury means big in size and with maximum cost, then the proprietor of these super luxurious yachts are the richest people of the world. On the other hand, the owner of the seventy foot sailing yacht will display his boat luxurious when he puts every necessary and luxury items available in his yacht.
Do you know from where this luxury yacht term comes from? Well, after the world war, the affluent people of the planet started realizing how royal it is to own big private yachts. There was a high end boat, which was built in 1931 and then later took over by the Turkish Government.
In fact, the earlier luxury sailing yachts were categorized as J class and they are used for sailing competition in the American Cup. One among those was the Shamrock, a luxury yacht, which was solely possessed by Thomas Lipton. These biggies own super expensive boats that lived a luxurious life on or away from the yacht.
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