Stoked News – News, Videos, surf, skateboard, snowboard, motorsports, action sports » Blog Archive » Sailing – “Maltese Falcon” Gets a $43 Million Price Cut and finds a new owner
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Remember the Maltese Falcon? That 290-foot marvel of engineering and ego that technology titan Tom Perkins proudly paraded before the nation on “60 Minutes” with Leslie Stahl? It was the sailboat that launched a book, a pile of awards and YouTube videos with titles like “The Greatest Sailboat Ever.” …

Tom Perkins, the venture capitalist behind such companies as Google, Genentech, Amazon, and AOL, doesn’t do things halfway. When he collected vintage cars, for instance, he had the world’s largest …

Well, Mr. Perkins lost interest in sailing the boat not long after it was finished. He put it on the market for 99 million euros, or about $143 million. It didn’t sell.

So now, according to Luxist, Mr. Perkins has cut the price to 70 million euros, or $100 million. That amounts to a price cut of more than $40 million, making the boat a downright bargain. Perhaps we should rename the boat the …  Details

The Maltese Falcon finds a new owner

Tom Perkins, prominent Silicon Valley venture capitalist and ultra-millionaire, is close to finalizing the sale of his super yacht, the Maltese Falcon.

The reported price tag: 60 million pounds ($101,531,400), according to the British newspaper The Times. After nearly a year on the market, the price was trimmed from about $150 million, which is believed to be about what Perkins had paid for the boat.

“It has taken a while,” Perkins told The Times. “It is not the best time in the world to sell it. I can’t tell you anything at all about the buyer. There is confidentiality.”  …  Details

This entry was posted on Wednesday, August 5th, 2009 at 1:23 pm and is filed under Boating, Sailing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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