How Cheaping Out On A Charter Yacht Almost Killed Amazon CEO Jeff Bezos

After a major health scare while exploring the Galapagos Islands on a luxury cruise recently, megarich Amazon CEO Jeff Bezos learned an important lesson: cheaping out on a charter yacht can be near-fatal. Instead of having a larger, better equipped — and need we say much more expensive — yacht brought to the area for his excursion, the Seattle billionaire opted for a local charter from Ecoventura, an expedition cruise company based in Guayaquil, Ecuador.

The vessel, called Letty, was built in 1991. Though renovated to accommodate 20 guests with a dining room, private chef, bar, conference area and library, at only 83 feet, the yacht has no room for a helipad or an on-board medical facility — both considered essential when venturing into remote areas. Firms such as MedAire specialize in building complex shipboard medical centers complete with hospital-quality diagnostic machinery. And Letty, which costs $86k per week during the holiday season, can only crawl along at eight knots. 

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