Why Not Buy This Yacht From Eric Schmidt’s Ocean Research Institute?

Fly. (Photo: Prestige Yacht Auction)

So, how’d you do on your tax refund? Because we’ve just found the perfect way for you to seastead in style.

Behold the Lone Ranger, a salvage tug turned marine research vessel turned superyacht. Business Insider reports that the vessel, originally listed at $20 million, needs major work and so it’ll be auctioned at the Antibes Yacht Show on April 20, as-is, for somewhere between €3 million and €10 million.

Oh, did we mention it used to belong to the Schmidt Ocean Institute, the marine research foundation run by none other than gallivanting Google chairman Eric Schmidt?  Read More