A rendering for the Migaloo M5, a proposed submersible superyacht
Migaloo
- Austria-based Migaloo is offering to build luxury submersible yachts for the ultra-rich.
- It says the M5 will be able to travel 820 feet underwater and stay submerged for a month.
- Despite the high upfront cost, CEO Christian Gumpold says they're in talks with multiple buyers.
Forget megayachts. Forget billionaire basements. If you're unfathomably rich and want a new toy, there's an Austrian...