As Covid drags on, living on yachts has gained popularity among those fortunate enough to afford it and looking for a low-risk way to travel
Wealthy boat owners are trading life on land for the high seas—but some are finding living on a large yacht for months on end comes with a costDavid Akellian planned to spend his retirement traveling the world. But that required getting on a plane. When the Covid-19 crisis hit, he quickly pivoted to a different mode of travel and bought a 52-foot yacht.
Mr. Akellian, 61, the former head of global wealth management for Refinitiv, a financial market data firm, always had a penchant for sailing and had planned on buying a boat anyway. As a child growing up in northern New Jersey, his family had a sailboat and spent a lot of time on the Long Island Sound. He just never imagined he would be spending this much time aboard.
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