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Rich people problems: Paul Allen’s yacht ruined a coral reef

by Todd Haselton | January 29, 2016January 29, 2016 8:45 am PDT

To quote the late Biggie Smalls: “Mo’ Money, Mo Problems.” That seems to be the essence of this story that just crossed my feed this morning: billionaire Paul Allen of Microsoft fame recently crashed his yacht into a coral reef and now the Department of Energy is up in arms about it. I’ve always wanted a super-yacht, but I don’t know if I’d be able to deal with these sorts of headaches that come along with ownership.

The anchor of Paul Allen’s yacht, named “MV Tatoosh” apparently dragged along 14,000 feet of a coral reef in the Caribbean. According to¬†CaymanNewsService, the Department of Energy estimates that the boat damaged “more than 80 percent of the coral in the area,” though an investigation into the full extent of the damage is still continuing.

“In addition to assessing the damage and determining the cause of this incident, we are also paying close attention to lessons learned so that we can more effectively prevent these accidents while still hosting visiting yachts,” the DoE told the news outlet.

Allen’s yacht, the Tatoosh, measures 303-feet long and was acquired for an estimated $100 million. According to its Wikipedia page, the yacht includes a movie theater, 5 decks, a saloon with its own fireplace, a swimming pool and support for not one, but two helicopters. Too bad it ruined Nemo’s home.


Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...

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