yacht

Come aboard. We're expecting you.

The luxury yacht sank off the coast of Catanzaro in southern Italy and someone was able to catch the scene on video.

A lavish new yacht recreating the billionaire's playground of Monaco is set to become the world's most expensive. The staggering 155-metre Streets of Monaco yacht is expected to cost over $1.1 billion to build and is modelled on a section of Monte Carlo.