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The ultra-rich can buy yachts to live ‘nowhere’ — but can it also be a tax strategy? Not for most Americans

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Yacht life is often seen as a decadent pursuit of the ultra-rich. And, with a growing number of billionaires — driven by a boom in AI and tech wealth — superyachts are the new status symbol of the elite, including Jeff Bezos, Larry Ellison and Mark Zuckerberg (1). Entrepreneurs can…

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