Guests are asked to tip a minimum of $15K (£11.5K) on top of the costs of renting the yacht. The crew can actually receive anywhere from $15,000 to $30,000 to share in tip money for a three-day ...

For a boat to be a yacht, it has to carry certain features, and it's more expensive than other boats. Ongoing maintenance and other costs make boat ownership more expensive than many anticipate.

The luxury yacht sank off the coast of Sicily earlier this month, killing Lynch, his daughter, and five other passengers and crew.