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Subscribe for more Luxury / Billionaire/ Rich/ Famous Videos http://www.youtube.com/user/LuxsReports?sub_confirmation=1 Such a yacht is currently being designed and developed in a collaboration between Monaco based yacht builder Wally and French fashion house Hermès . When built, the 58 metre long and 38 metre wide "floating island" is expected to have a price tag of $160 million. A full sized model of the WHY was displayed, at the 2010 Abu Dhabi Yacht Show. However, it is currently unclear exactly when the yacht will be completed and ready for sale. A famous French shipbuilder ship company and one of Monaco joined hands together to build this yacht with enormous dimensions: the WHY 58x38. (58meter long and 38 meter wide) After the first pictures of this project. The yacht, an area of 3400 m2 with seating for 12 passengers and 20 crew. This is a "green" yacht. Wally et Hermès use green energy to 20 to 30% fuel savings and 40 to 50% electricity consumption on board. Therefore there are 900 m2 equipped with solar panels, producing a daily output of 500 kW. equipment: Three decks, a 25 meter pool, a spa helicopterpad a 100m2 with hammam, sauna, gym and massage room, a promenade of 130 meter, a music room, a dining room, a cinema, sun decks, suites, terraces, a lounge, a bibi . The luxury is at the rendez-vous. The decks are connected by stairs but there is also an elevator. With an area of 200m2 and completely covers the third deck. (This is the bedroom) The sea view is great and there is a private terrace of 25 meter long. A sea of light. The yacht has the shape of a horseshoe and has a roof so everything is bathed in a sea of light. The spacious lounge. On the lower deck are the common premises, such as lounge, piano bar and dining area. Billionaire Millionaire rich "super rich" mega wealth Monaco news Russian Greatest Best Russia Business private elite exclusive interior super rich Billionaire prince Saudi Arabia investor businessman CEO Forbes luxury Princess Monaco elite exclusive tycoon wealth Palace house home mansion yacht supercar wealthy "big boy toys" cash usd dubai money London Europe uk usa America high end expensive vip preview "cash money wealth" jet plane 2014 2013 Yacht Why Wally Hermes Concept his widely circulated email forward features a series of images depicting a very large and luxurious yacht dubbed the "WHY 58x38". According to the email, the yacht is the result of a collaboration between Monaco based shipbuilding company Wally and Parisian fashion house Hermès . A project to design and build such a yacht does exist. With a projected price tag of $160 million, purchase of the yacht will be in reach of only the very wealthy. A full sized model and designs of the yachts were displayed at the 2010 Abu Dhabi Yacht Show. The exhibitor profile for WHY Yachts notes: WHY is the result of a partnership between Hermès and Wally, to develop a new type of motor yacht redefining the art of living on the sea. Fully involved in all aspects of the conception and design of the project, the iconic Parisian house and the iconic Monte-Carlo yacht brand have led to revolutionary yachts. Mostly described as the 'leap of imagination' in today leisure yachting, WHY 58x38 and WHY 37x24 offer unparalleled living space at sea with extraordinary volumes, comfort, independence and stability, backed up with a truly environmental friendly set of technologies, delivering a drastically reduced energy consumption for both propulsion and generation. nd a March 3 article published in The Australian notes: LUXURY on the sea is set to get even better with a new yacht designed to resemble a floating island. Wally Hermes Yachts unveiled the designs for its WHY craft at the Abu Dhabi Yacht Show this week. The French fashion house Hermes teamed up with Monaco-based ship-builder Wally to create the yacht, which will cost around $160 million. The 58x38 metre yacht is designed to offer a more peaceful lifestyle, as well as be environmentally friendly.