Opinion | Why Did I Think We Could Get Rid of Billionaires?

By Farhad Manjoo

Opinion Columnist

I was reading about Jeff Bezos’ new boat last week when I began to understand one of my greatest failures as a pundit. This might seem an outsize reaction to a bit of maritime news, but as Bloomberg reported, Bezos’ is no ordinary boat. It is, instead, a “superyacht” — a 417-foot, three-mast sailing vessel that could be one of the largest such yachts ever built, if not in length then perhaps in moral recklessness. In a boom time for billionaires, Bloomberg says, the market for these most elephantine of yachts is roaring.

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