Fort Lauderdale, Florida, has leveraged its coastline to become a magnet for the world’s wealthiest. Once known for spring breakers and sleepy marinas, the city is now a playground for billionaires. Yet beneath the glossy surface lies an uncomfortable truth: the world’s youngest billionaires are accelerating one of the most polluting luxury trends on the planet.
According to The Times, superyachts have become the new trophy purchase for tech-born wealth — not only for leisure, but for public display. With TikTok, Instagram, and private-jet-tracking accounts driving online status hierarchies, visibility is now part of the value.
“The boats are getting bigger. The clients are getting younger,” Kent Harrington, a broker at superyacht firm Edmiston, told The Times…