The Yachting Fraternity

Palais Royal
Palais Royal – the former cargo ship, Tycho Brahe

Bank-breaker Charles Deville Wells bought the former cargo ship Tycho Brahe in 1891, converted her at great expense into a luxury yacht with a ballroom for 50 guests, and renamed her Palais Royal.  Former BHS boss Sir Philip Green bought the yacht Lionheart in 2016 for a reported $150 million.  Lionheart and Palais Royal are almost exactly the same length at 90 metres.

Both men frequented Monte Carlo.

Wells had his yacht seized in 1893 after he had been found guilty of fraud on a massive scale and had been declared bankrupt.

Makes you wonder, doesn’t it?

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