Superyacht sales soar 77 per cent as billionaires splash out in pandemic

Superyacht sales climbed to record levels last year, sapping supply and boosting prices to heights unlikely to soften despite the tumultuous start to 2022 in financial markets.

A total of 887 superyachts were sold in 2021, a 77 per cent jump from a year earlier and more than double the number in…