Tiger Woods puts his yacht on sale for $25 millionApril 1st, 2011 - 1:37 pm ICT by IANS
New York, April 1 (IANS) Tiger Woods’ former wife has returned him his wedding gift of 155-foot yacht ‘Privacy’ and the troubled golfer has put it on sale for $25 million, according to New York Post.
Woods had bought the yacht for $20 million to give his former Swedish wife Elin Nordegren as a wedding present in 2004.
But the Swedish model returned the yacht back to the golfer during the recent divorce settlement as she did not want to shell out more than $2 million a year for its upkeep, according to the report.
‘Privacy’ is currently docked at North Palm Beach where local mega-yacht builder John Staluppi says Woods is asking too high a price.
“The market on big yachts has gone down. Banks aren’t financing and the economy is off. It’s a buyer’s market.
“Unless he sells to someone who wants to brag that he’s got Tiger’s yacht, he’ll get about $20 million,” he said.
Before putting the mega yacht on sale, Woods has bought a 62-foot diving boat named ‘Solitude’ for $3.1 million, according to New York Post.
- Tiger Woods' 'Privacy' on sale for $25m - Mar 31, 2011
- "Privacy" escape for Tiger Woods, wife - Dec 13, 2009
- Tiger Woods hopes to woo his wife back with new boat 'Solitude' - Feb 13, 2010
- Elin Nordegren puts Tiger Woods jewels for sale - Oct 25, 2010
- Woods in $100 mn divorce deal - Jul 04, 2010
- Tiger Woods's ex-wife buys house worth $12 mn - Mar 20, 2011
- Tiger Woods' wife 'buys Swedish mansion' - Dec 08, 2009
- Tiger Woods 'smiled and posed for pic right after divorce' - Sep 04, 2010
- Tiger Woods' Wife Gets $750 Million In Divorce Settlement? - Jul 01, 2010
- Tiger Woods wife Elin Nordegren buys mansion in Sweden - Dec 08, 2009
- Tiger Woods has new girlfriend - Mar 21, 2011
- Elin Nordegren to auction off jewelry worth $2.5mn given by Tiger Woods - Nov 13, 2010
- Woods' ex growing 'close' to hunky student in Florida - Dec 13, 2010
- Elin Nordegren Speaks About Her Ex-Husband, Divorce And Life After It - Aug 26, 2010
- Elin Nordegren To Holiday With Kids During Christmas - Dec 14, 2010
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