How do you buy a new superyacht at a fraction of its list price? Fractional ownership. The private-jet business model is moving to yachts.
. The one-asset, multi-owner business model has been popular with business jets for decades, though it never really caught on in the yachting world.Courtesy Floating Life
There won’t be any wild colors or custom art on the yacht. Just a conservative palette and conventional decor. While Floating Life has been involved in fractional ownership for the past 15 years, its new FL42—christened “Dream”—is the first yacht the company is building from scratch. Designed by Floating Life co-founder Andrea Pezzini, its interior is by the Rome-based Satura Studio, with naval architecture by Zero13.
Satura Studio’s interior design is intentionally neutral with 50 shades of gray, white and beige. The one downside of fractional ownership is that owners can’t incorporate their personal tastes. No wild colors, no crystal chandeliers, no funky art that might not meet the tastes of the other six owners.