200 Million Dollars Yacht In The Worlld Which Belongs To One Of The Founders Of Microsoft, Paul Allen

Construction materials and techniques
Until the 1950s, almost all yachts were made of wood or steel, but a much wider range of materials is used today. Although wood hulls are still in production, the most common construction material is fibreglass, followed by aluminium, steel, carbon fiber, and ferrocement (rarer because of insurance difficulties). The use of wood has changed and is no longer limited to traditional board-based methods, but also include modern products such as plywood, veneers and epoxy resins. Wood is mostly used by hobbyists or wooden boat purists when building an individual boat.