Are yachts solely for the wealthy? Undeniably, luxury yachts have long been associated with affluence. Owning a majestic vessel allows the rich to indulge in extravagance and symbolize their financial prowess. However, it’s essential to note that not all yacht owners are wealthy. While some boast their opulence through these floating marvels, others see yachts as an investment or a way to escape the complexities of life. So, do rich people own yachts? Yes, but it’s not an exclusive club.